• Latest
  • Trending
Fixing cedi-dollar rate in seven months unrealistic – Ablekuma Central MCE

Fixing cedi-dollar rate in seven months unrealistic – Ablekuma Central MCE

July 31, 2025
August 4th would not be observed as a public holiday - Interior Ministry

Upcoming Akwatia by-election: NDC clears three individuals for primaries

July 31, 2025
August 4th would not be observed as a public holiday - Interior Ministry

August 4th would not be observed as a public holiday – Interior Ministry

July 31, 2025
GJA demands swift Justice amid surge in attacks on Journalists

GJA demands swift justice amid surge in attacks on journalists

July 31, 2025
Kenya lifts drinking age from 18 to 21 years in latest substance abuse crackdown

Kenya lifts drinking age from 18 to 21 years in latest substance abuse crackdown

July 31, 2025
Stop expelling students over school fees arrears, deal with parents instead - Education Director

Stop expelling students over school fees arrears, deal with parents instead – Education Director

July 31, 2025
Ghana School of Law embraces AG’s legal education reform, calls for levelelled playing field

Ghana School of Law embraces AG’s legal education reform, calls for levelelled playing field

July 31, 2025
Central Regional Minister Urges Elmina Tech Center to Scrap Maths, Science Entry Requirement

Central Regional Minister urges Elmina Tech Center to scrap maths, science entry requirement

July 31, 2025
Ablekuma Central MCE threatens to lash sanitation offenders

Ablekuma Central MCE threatens to lash sanitation offenders

July 31, 2025
Abossey Okai Spare Parts Dealers Lament Slow Sales Despite Cedi Gains

Abossey Okai spare parts dealers lament slow sales despite cedi gains

July 31, 2025
Roads Minister declares two year deadline for completion of 32 major projects

Roads Minister declares two year deadline for completion of 32 major projects

July 31, 2025
High Court dismisses Torkornoo’s review application

High Court dismisses Torkornoo’s review application

July 31, 2025
Ghanaians are Calling for Constitutional Amendments and Governance Reforms –CRC

Ghanaians are Calling for Constitutional Amendments and Governance Reforms – CRC

July 31, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Fixing cedi-dollar rate in seven months unrealistic – Ablekuma Central MCE

in News, Top Story
Fixing cedi-dollar rate in seven months unrealistic – Ablekuma Central MCE

Fixing cedi-dollar rate in seven months unrealistic – Ablekuma Central MCE

Share on FacebookShare on TwitterShare on Whatsapp

The Municipal Chief Executive (MCE) for Ablekuma Central, Frank Nkansah, has stated that it would be unrealistic to expect the John Dramani Mahama-led administration to fully stabilize the cedi-to-dollar exchange rate and fix the economy within just seven months in office.

His comments come in response to concerns raised by spare parts dealers at Abossey Okai, who have criticized the government for claiming to have reduced the dollar rate to around GHS11 per dollar, yet the currency remains unavailable at the various commercial banks, with no visible impact on their businesses and daily operations.

Speaking in an exclusive interview on Happy 98.9 FM’s Happy on Wheels with Bismark Brown at Abossey Okai on Thursday, July 31, 2025, Mr. Nkansah acknowledged the frustrations of the business community but stressed that the current administration inherited a severely damaged economy.

He explained that the previous government, under Nana Addo Dankwa Akufo-Addo, left the economy in a state of disrepair, particularly regarding the exchange rate, making it nearly impossible to reverse the situation within such a short period.

“President Mahama has only been in office for seven months. It is unfair to expect him to turn things around overnight, especially after the economic mess left behind,” he said.

Mr. Nkansah, however, assured the people of Ablekuma Central and the wider business community that the government remains committed to reducing the dollar rate and ensuring that the effects are felt in the real economy.

He further urged Ghanaians to exercise patience and support the government’s efforts, expressing optimism that the economy will gradually recover with time and consistent policies.

Tags: Ablekuma Central MCEspare parts dealers

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Abossey Okai spare parts dealers lament slow sales despite cedi gains

Next Post

Ablekuma Central MCE threatens to lash sanitation offenders

Next Post
Ablekuma Central MCE threatens to lash sanitation offenders

Ablekuma Central MCE threatens to lash sanitation offenders

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Upcoming Akwatia by-election: NDC clears three individuals for primaries
  • August 4th would not be observed as a public holiday – Interior Ministry
  • GJA demands swift justice amid surge in attacks on journalists
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.