• Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
Thursday, September 4, 2025
No Result
View All Result
NEWSLETTER
The Overseers - Ghana No.1 News
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Ghana charts bold path toward digitally empowered future – Sukparu

    Ghana charts bold path toward digitally empowered future – Sukparu

    Google agrees to US$36m fine over Android search deals

    Google agrees to US$36m fine over Android search deals

    Minority demands probe into DStv prices, summons Sam George, MultiChoice

    DSTv slapped with GH₵10k daily fine for ignoring NCA directive

    Sukparu hails Ghana’s digital strides at AiAfrica Lab launch

    Sukparu hails Ghana’s digital strides at AiAfrica Lab launch

    NCA shuts down nine radio stations, including three Wontumi-owned stations

    NCA shuts down nine radio stations, including three Wontumi-owned stations

    NCA to suspend DSTV licence over high prices by Aug 7 – Sam George

    NCA gives DSTv 30 days to justify pricing or face licence suspension

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Sports Minister scraps Black Stars management committee bonuses

    Sports Minister scraps Black Stars management committee bonuses

    Shatta Wale granted GH₵10m bail with two sureties over Lamborghini case

    Shatta Wale granted GH₵10m bail with two sureties over Lamborghini case

    EOCO seizes Shatta Wale’s Lamborghini in joint operation with FBI over fraud links

    EOCO seizes Shatta Wale’s Lamborghini in joint operation with FBI over fraud links

    Partey granted bail in rape, sexual assault case; adjourned to Sept 2

    Partey granted bail in rape, sexual assault case; adjourned to Sept 2

    Daddy Lumba dead at age 60

    Daddy Lumba: Family opens condolence book on Tuesday July 29

    Daddy Lumba dead at age 60

    Daddy Lumba dead at age 60

    Ghana’s Kudus joins Tottenham in £55m transfer from West Ham

    Ghana’s Kudus joins Tottenham in £55m transfer from West Ham

    Sports Minister cracks down on illegal encroachment at Borteyman Sports Complex

    Sports Minister cracks down on illegal encroachment at Borteyman Sports Complex

    TGMA 2025: ‘I was very disappointed’ – Kinaata over ‘Record of the Year’ snub

    TGMA 2025: ‘I was very disappointed’ – Kinaata over ‘Record of the Year’ snub

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    One arrested in Ridge Hospital assault – Health Ministry

    One arrested in Ridge Hospital assault – Health Ministry

    Mahama announces State funeral for helicopter crash victims on Aug 15

    Helicopter Crash: Mental Health Authority warns against sharing of images

    Kenya officially drops Visa requirement for all African countries

    Kenya officially drops Visa requirement for all African countries

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Court orders NLC to serve GRNMA with injunction order

    Court orders NLC to serve GRNMA with injunction order

    Operational hours at Kumasi, Tamale Airports extended

    Operational hours at Kumasi, Tamale Airports extended

    2025 Hajj: Two dead, five persons repatriated

    2025 Hajj: Two dead, five persons repatriated

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Trending Tags

  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Ghana charts bold path toward digitally empowered future – Sukparu

    Ghana charts bold path toward digitally empowered future – Sukparu

    Google agrees to US$36m fine over Android search deals

    Google agrees to US$36m fine over Android search deals

    Minority demands probe into DStv prices, summons Sam George, MultiChoice

    DSTv slapped with GH₵10k daily fine for ignoring NCA directive

    Sukparu hails Ghana’s digital strides at AiAfrica Lab launch

    Sukparu hails Ghana’s digital strides at AiAfrica Lab launch

    NCA shuts down nine radio stations, including three Wontumi-owned stations

    NCA shuts down nine radio stations, including three Wontumi-owned stations

    NCA to suspend DSTV licence over high prices by Aug 7 – Sam George

    NCA gives DSTv 30 days to justify pricing or face licence suspension

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Sports Minister scraps Black Stars management committee bonuses

    Sports Minister scraps Black Stars management committee bonuses

    Shatta Wale granted GH₵10m bail with two sureties over Lamborghini case

    Shatta Wale granted GH₵10m bail with two sureties over Lamborghini case

    EOCO seizes Shatta Wale’s Lamborghini in joint operation with FBI over fraud links

    EOCO seizes Shatta Wale’s Lamborghini in joint operation with FBI over fraud links

    Partey granted bail in rape, sexual assault case; adjourned to Sept 2

    Partey granted bail in rape, sexual assault case; adjourned to Sept 2

    Daddy Lumba dead at age 60

    Daddy Lumba: Family opens condolence book on Tuesday July 29

    Daddy Lumba dead at age 60

    Daddy Lumba dead at age 60

    Ghana’s Kudus joins Tottenham in £55m transfer from West Ham

    Ghana’s Kudus joins Tottenham in £55m transfer from West Ham

    Sports Minister cracks down on illegal encroachment at Borteyman Sports Complex

    Sports Minister cracks down on illegal encroachment at Borteyman Sports Complex

    TGMA 2025: ‘I was very disappointed’ – Kinaata over ‘Record of the Year’ snub

    TGMA 2025: ‘I was very disappointed’ – Kinaata over ‘Record of the Year’ snub

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    One arrested in Ridge Hospital assault – Health Ministry

    One arrested in Ridge Hospital assault – Health Ministry

    Mahama announces State funeral for helicopter crash victims on Aug 15

    Helicopter Crash: Mental Health Authority warns against sharing of images

    Kenya officially drops Visa requirement for all African countries

    Kenya officially drops Visa requirement for all African countries

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Court orders NLC to serve GRNMA with injunction order

    Court orders NLC to serve GRNMA with injunction order

    Operational hours at Kumasi, Tamale Airports extended

    Operational hours at Kumasi, Tamale Airports extended

    2025 Hajj: Two dead, five persons repatriated

    2025 Hajj: Two dead, five persons repatriated

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Trending Tags

No Result
View All Result
The Overseers - Ghana No.1 News
No Result
View All Result
Home Business

Cedi to stabilize at GHS10–12 – Mahama rejects GHS4 projections

by theoverseer
June 3, 2025
in Business, Economy, National
0
Illegal miners cleared from eight out of nine forest reserves – Mahama
0
SHARES
126
VIEWS
Share on FacebookShare on Twitter

President John Dramani Mahama has stated the Ghanaian cedi will be more sustainable and economically beneficial exchange rate range between GHS10 and GHS12.

During a policy dialogue with the Federation of Associations of Ghanaian Exporters (FAGE) on Tuesday, June 3, Mahama explained that a stable cedi within this range would support macroeconomic balance while keeping Ghanaian exports competitive.

He noted that an exchange rate band between GHS10 and GHS12 provides the right incentive for exports without making imports excessively cheap, which could undermine local production.

Mahama also emphasized the urgent need to boost Ghana’s export capacity, stressing that increasing foreign exchange earnings is key to long-term currency stability.

He further called for targeted incentives to support exporters and urged the removal of bureaucratic bottlenecks that impede trade.

Mahama assured FAGE that under his leadership, export growth would remain a cornerstone of Ghana’s economic strategy.

“Some people say it will come down to four but of course we know the true value of the cedi is not four and if it went as far down as four it will kill all our export businesses. I met with the Governor and the Finance Minister and discussed it and they think that the real value of the cedi is anywhere between 10 and 12. Luckily the forex auction has brought it to just above 10 and it appears to have stabilised there. So I think going forward anything between 10,11 and 12 as a band where the cedi operates will be a fair value both to encourage our exports but at the same time not to make our imports so cheap that importers will flood our markets,” he said.

“The more we export and earn foreign exchange, the more we relieve pressure on the cedi. It’s a simple equation that requires a serious national commitment to value addition and trade facilitation,” he said.

Tags: Cedi gainsGhana NewsGHS4 projectionsMahama
theoverseer

theoverseer

Related Posts

Illegal miners cleared from eight out of nine forest reserves – Mahama

Mahama ends $15m rent bill, sets to build Ghana’s own diplomatic properties abroad

by theoverseer
September 4, 2025
0

President John Dramani Mahama has declared an end to Ghana’s long-standing reliance on rented embassy buildings abroad, pledging to save...

MMDCEs may soon be elected – Mahama hints

Mahama inaugurates new envoys, calls for reset agenda globally

by theoverseer
September 4, 2025
0

President John Dramani Mahama has inaugurated a new team of Ambassadors and High Commissioners, urging them to take Ghana’s Reset...

Commercial drivers commend gov’t over progress on Ofankor–Nsawam road

Commercial drivers commend gov’t over progress on Ofankor–Nsawam road

by theoverseer
September 4, 2025
0

Commercial transport operators have commended President John Dramani Mahama and his government for reviving the stalled Ofankor–Nsawam highway project, saying...

Gov’t to tap solar-hydro combo to ensure reliable power supply – John Jinapor

Gov’t to roll out solar irrigation pumps to boost year-round farming

by theoverseer
September 4, 2025
0

Ghana is set to introduce solar-powered irrigation pumps to boost year-round farming and cut reliance on rain-fed agriculture. Energy and...

Ofankor–Nsawam Road: Mahama orders completion by 2026, demands quality work

Ofankor–Nsawam Road: Mahama orders completion by 2026, demands quality work

by theoverseer
September 3, 2025
0

President John Dramani Mahama has directed Maripoma Enterprise Limited, contractors of the Ofankor–Nsawam road, to deliver quality work and complete...

Transport Ministry begins process to legalise Okada operations

Transport Ministry begins process to legalise Okada operations

by theoverseer
September 3, 2025
0

The Ministry of Transport has announced plans to legalise commercial motorcycle and tricycle operations, widely known as “Okada,” through a...

Next Post
Gov’t to allocate GH¢25m to each District Assembly in 2025 – Ato Forson

Gov’t to allocate GH¢25m to each District Assembly in 2025 – Ato Forson

Recommended

Kwaku Asafo Agyei Donates to Home Constituency Ahead of election

Kwaku Asafo Agyei Donates to Home Constituency Ahead of election

11 months ago
May inflation drops to 18.4%, lowest since February 2022

May inflation drops to 18.4%, lowest since February 2022

3 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact
    Call us: +23320000000

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • Science
    • National
    • Entertainment
    • Gaming
    • Movie
    • Music
    • Sports
    • Fashion
    • Lifestyle
    • Travel
    • Tech
    • Health
    • Food

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.