Gold and cocoa producers will this year no longer be forced to surrender export proceeds to the central bank
Once Africa’s economic shining star, Ghana now in the IMF's clutches— and for some, sales are down 90%
Growth in the country, an oil supplier since 2010, is languishing near the slowest pace in 20 years—the result of giddy government spending.
Outlook for African currencies: Naira, Rand and Kwacha to weaken further, East African notes to hold steady
For Ghana, the cedi’s “artificial strength” should disappear in early 2016, the analysts predict. And Zambia should "urgently" go to the IMF
Ghana has a fighting chance under IMF programme, even as black gold and actual gold breaks everyone's heart
Reserves need to be grown beyond the current 2.5 months import cover to over 3 months cover; investments into energy will boost manufacturing.
With US Fed meeting this Thursday for a much-watched meeting, the continent will be holding its breath--the outcome portends much for its economy.
It is becoming too costly for developing nations to defend their currencies, and it may just get worse, as events in Asia this Thursday showed.
Currency pain: Relief for Ghana and Tanzania; Nigeria in tight corner, but set to get worse in Kenya and Uganda
Authorities have been pumping dollars into the market to support their currencies, but the strategy is unsustainable and risks depleting reserves
These charts show just how dramatic the downward spiral in currencies has been over the past year