Tag: Ghc100 note
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New cedi denominations won’t affect cashless agenda – Hubtel CEO
The introduction of the new cedi denominations by the Bank of Ghana, will have little or no impact on government’s drive towards a cashless economy. That’s according to Alex Bram, the CEO of Hubtel Ghana, an e-Commerce platform, . Government has targeted 2020 to migrate all state-owned institutions to cashless systems from the manual receipt of monies…
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New Ghana cedi denominations could cause inflation- Economist warns
Financial Economist, Dr. Lord Mensah, has stated that the introduction of the new Ghana Cedi notes by the Bank of Ghana, is likely to increase the prices of goods and lead to inflation. “For me, I think it has the tendency of causing inflation because anytime you are pricing, you will look for the minimum…