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    Technical issues affecting tax payments being resolved – GRA apologises

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    NIA warns: It’s now illegal to photocopy Ghana Card for transactions

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    Technical issues affecting tax payments being resolved – GRA apologises

    Technical issues affecting tax payments being resolved – GRA apologises

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    NIA warns: It’s now illegal to photocopy Ghana Card for transactions

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    CSA: Online investment scams cost Ghanaians GH¢3.4m in first half of 2026

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    GFA, Sports Ministry form five-member committee to recruit new Black Stars coach

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    Veteran Actress Grace Nortey to be buried on October 31

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    Sports Minister summons GFA management over Carlos Queiroz sacking

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    Yaw Ampofo Ankrah sacked as NSA Director-General

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    Black Stars coach part ways with GFA after recent poor run

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    Odo Broni marks Daddy Lumba’s 62nd birthday with GH¢63,000 support for children at Korle- Bu

    Low turnout at Accra Sports Stadium as Black Stars suffer 4-2 defeat to The Gambia

    Low turnout at Accra Sports Stadium as Black Stars suffer 4-2 defeat to The Gambia

    Ghana hosts Gambia in crucial AFCON 2027 qualifier today

    Ghana hosts Gambia in crucial AFCON 2027 qualifier today

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    Contra-flow system to stay as gov’t tackles Accra traffic congestion — Ayariga

    Contra-flow system to stay as gov’t tackles Accra traffic congestion — Ayariga

    Motorists urged to exercise caution as Aayalolo BRT contra-flow system begins

    Motorists urged to exercise caution as Aayalolo BRT contra-flow system begins

    Kumawu MP opens 4-unit nurses’ quarters at Bodomase

    Kumawu MP opens 4-unit nurses’ quarters at Bodomase

    Agbodza didn’t accuse Adom Kyei’s church of blocking road — Spokesperson

    Agbodza didn’t accuse Adom Kyei’s church of blocking road — Spokesperson

    TRAFFITECH-GH: Ghana police to begin full camera-based traffic enforcement October 1

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    Government authorises contra flow for Aayalolo BRT today

    Government authorises contra flow for Aayalolo BRT today

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    Aayalolo deploys 48 repaired buses to ease Accra transport situation

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    Aayalolo introduces contra-flow system on four major Accra corridors

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    Broken-down tanker causes severe traffic on Achimota-Ofankor stretch

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Cedi@60: Mahama reaffirms commitment to stable Cedi to boost business, ease cost of living

by theoverseeronline.com
October 29, 2025
in Business, Economy, National
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Fitch credit upgrade evidence of successful Economic reforms – Mahama
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President John Dramani Mahama has reiterated his government’s commitment to maintaining a stable Ghana cedi as part of efforts to strengthen the economy and improve the livelihoods of citizens.

In a post shared on Facebook, President Mahama said his administration is focused on ensuring monetary stability that fosters business growth, attracts investment, and keeps food prices affordable for ordinary Ghanaians.

“My administration is working to guarantee a stable Ghana Cedi to create a conducive environment for business and investment, and to ensure stable food prices, particularly to benefit the good people of Ghana,” the President said.

He explained that a stable currency, rather than merely a strong one, is crucial for long-term economic prosperity. “A stable cedi means a predictable business environment, affordable food prices, increased investor confidence, and sustainable economic growth,” he added.

The President’s message was shared as part of the Cedi@60 celebration organized by the Bank of Ghana under the theme “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience.”

The event, held at the Accra International Conference Centre, brought together policymakers, financial experts, and business leaders to reflect on the journey of Ghana’s currency since its introduction on July 19, 1965.

The cedi, first launched as a symbol of independence, has undergone several reforms over the decades, representing the nation’s resilience amid changing global and domestic conditions.

President Mahama’s remarks tie into his broader #ResettingGhana Agenda, which seeks to build a strong foundation for sustainable growth through fiscal discipline, investor confidence, and economic inclusiveness.

He commended the Bank of Ghana for its continued commitment to monetary stability and reaffirmed his government’s determination to create an economy where the cedi remains a reliable symbol of Ghana’s strength and sovereignty.

Find below his message

Tags: BoGBusinessesCedi stabilityCedi@60Cost of livingGhana NewsMahamaReset agenda
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