Ken Ofori-Atta

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Report: Ghanaian Cedi Slides Further Versus the US Dollar to Become World’s Worst-Performing Currency

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As Ghana waits for a financial bailout from the International Monetary Fund (IMF), the country’s currency continued its slide versus the dollar after the respective currencies’ exchange rate slipped to just under C15:$1. Following this latest plunge, the cedi has now depreciated by more than 55% in 2022 and this makes it the world’s worst-performing … Read more

Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions

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The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that are financially included. The Digital Transactions Tax A minority of lawmakers in the Ghana legislature recently rejected a government proposal … Read more