Search results
Results From The WOW.Com Content Network
The "new Cedi" (1967–2007) was worth 1.2 Cedis, which made it equal to half of a pound sterling (or ten shillings sterling) at its introduction. Decades of high inflation devalued the new Cedi, so that in 2007 the largest of the "new cedi" banknotes, the 20,000 note, had a value of about US$2. The new cedi was gradually phased out in 2007 in ...
The E-Cedi is part of a project called the 'Digital Ghana Agenda'. Its goal is the digitization of Ghana's 30 million people, and government services. The E-Cedi is to complement the Ghanaian cedi, and serve as an alternative to physical cash, and the 'Cashlite Agenda'. [5] The three phases for the E-Cedi are design, implementation, and piloting.
First Ghanaian cedi Reason: decimalisation Ratio: 2.4 cedi = 1 pound, or 1 pesewa = 1 penny This page was last edited on 2 December 2024, at 21:09 (UTC). Text is ...
Some economists recommended that Ghana devalue its currency, the cedi, to make its cocoa price more attractive on the world market, but devaluation would also have rendered loan repayment in United States dollars much more difficult. [1] Moreover, such a devaluation would have increased the costs of imports, both for consumers and nascent ...
These ships were carrying thousands of kilograms of cocaine, with a street value running into billions of Ghana cedis. However, drug seizures saw a decline in 2011. [108] [110] Drug cartels are using new methods in narcotics production and narcotics exportation, to avoid Ghanaian security agencies.
The New Patriotic Party, found in 1992, is the successor to the Gold Coast's The Big Six independence achiever party United Gold Coast Convention (UGCC); the People's National Convention, and the Convention People's Party, successor to Kwame Nkrumah's original party of the same name, which was the incumbent government of Ghana for 10 years from ...
On February 24, 1966, the government of Kwame Nkrumah was overthrown in a military coup d'état. Leaders of the established coup, including army officers Colonel E.K. Kotoka, Major A. A. Afrifa, Lieutenant General (retired) J. A. Ankrah, and Police Inspector General J.W.K. Harlley, justified their takeover by charging that the CPP administration was abusive and corrupt.
As at January 2025, there are 15 political parties according to the Electoral Commission of Ghana. [3] [4] Of these, a total of 11 parties indicated their willingness to participate in the political programmes by the state broadcaster, Ghana Broadcasting Corporation leading up to the 2020 Ghanaian general election. [5]