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The second cedi was initially pegged to sterling at a rate of ₵2 = £1. However, within months, the second cedi was devalued to a rate of ₵2.45 = £1, less than the initial value of the first cedi. This rate was equivalent to ₵1 = 0.98 U.S. dollars and the rate to the dollar was maintained when sterling was devalued in November 1967 ...
In addition to extending the availability of bonus depreciation in general, the Tax Relief Act provided for a new 100 percent depreciation deduction for qualified property that is acquired and placed into service by the taxpayer between September 8, 2010, and January 1, 2014. [8]
3 October – Ghana reports its first case of mpox this year. [3]14 October – A bus falls into a ditch in Kwapia, Ashanti Region, killing 13 people. [4]18 October: Parliament speaker Alban Bagbin declares four seats held by MPs who switched parties vacant, effectively giving the opposition National Democratic Congress a majority in the legislature. [5]
The national average rate for savings accounts will be 0.3 percent by the end of 2024, McBride forecasts, while predicting an average of 0.35 percent for money market accounts.
FBNBank (Ghana) Limited, part of First Bank of Nigeria Group; Fidelity Bank Ghana Limited; ... This page was last edited on 22 December 2024, at 00:35 (UTC).
See today's average mortgage rates for a 30-year fixed mortgage, ... 2024. The fixed rate for a 15-year mortgage is 5.92%, up 8 basis points from last week's average 5.84%. These figures are lower ...
The transfer rate is 1 Ghana Cedi for every 10,000 Cedis. Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [28] The country is also the second-largest cocoa producer (after Ivory Coast). [29] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in ...
The 2024 Ghanaian general election took place on 7 December 2024 to elect Members of Parliament (MPs) to the 9th Parliament of the Fourth Republic. [1] The Speaker is not an elected member of parliament though must be qualified to stand for election as such. There are a total of 276 constituencies in Ghana. The 9th Parliament first convened on ...