Tag: Cedis
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๐ฌ๐ญ Ghanaโs new licensing regime for cannabis cultivation
Ghanaโs new licensing regime for cannabis cultivation is a controlled bet on lowโTHC โindustrial hempโ and medical use, not a blanket legalization of weed โ and it could reshape who profits from West Africaโs next green boom.[1][2] What Ghana Just Legalised In other words, Ghana is legalising a tightly regulated hemp and medicalโcannabis value chain,…
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Ghana’s Central Bank to Regulate Crypto by September 2025
The Governor of the Bank of Ghana (BOG), Johnson Asiama, announced that the central bank plans to begin regulating cryptocurrency and related platforms by the end of September 2025, pending the passage of the Virtual Asset Providers Act. Speaking in Washington, D.C., Asiama stated that the BOG is establishing a dedicated digital assets unit, recognizing…
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๐ฌ๐ญGhanaโs Cedi Strengthens Marginally Against Major Currencies
Ghanaโs local currency, the cedi, has recorded slight gains against major trading currencies, particularly the US dollar, at various forex bureaus across the country. This development brings cautious optimism among businesses and consumers who have closely monitored the cediโs performance amidst economic fluctuations. A Positive Turn for the Cedi Over the past weeks, traders and…
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