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Tag: Cedis

  • 🇬🇭 Ghana’s new licensing regime for cannabis cultivation

    Ghana’s new licensing regime for cannabis cultivation is a controlled bet on low‑THC “industrial hemp” and medical use, not a blanket legalization of weed — and it could reshape who profits from West Africa’s next green boom.[1][2] What Ghana Just Legalised In other words, Ghana is legalising a tightly regulated hemp and medical‑cannabis value chain,…

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  • Ghana’s Central Bank to Regulate Crypto by September 2025

    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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  • 🇬🇭Ghana’s Cedi Strengthens Marginally Against Major Currencies

    🇬🇭Ghana’s Cedi Strengthens Marginally Against Major Currencies

    Ghana’s 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 cedi’s performance amidst economic fluctuations. A Positive Turn for the Cedi Over the past weeks, traders and…

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