Cedi@60: Bank of Ghana Launches Year-Long Celebration of National Currency

Business
Written By Irene Anim

Dr. Johnson Pandit Asiama- Governor of the Bank of Ghana (Photo credit BoG)

Accra, Ghana — The Bank of Ghana (BoG) has officially launched a year-long celebration to mark the 60th anniversary of the Ghana Cedi, emphasizing its central role in the country’s economic independence, stability, and financial innovation.

The launch event, held on October 28, 2025, at the Accra International Conference Centre, brought together policymakers, economists, financial institutions, and members of the public to commemorate six decades of Ghana’s national currency. Governor Dr. Johnson Pandit Asiama announced that the Cedi@60 anniversary will feature a series of activities designed to engage citizens and strengthen confidence in the local currency.

These include educational programmes about the cedi, initiatives connecting with the diaspora on remittances, a special exhibition tracing the currency’s evolution, and public lectures and publications celebrating the cedi’s achievements over six decades. “The Cedi is more than a means of exchange it represents our sovereignty, stability, and resilience as a nation,” Dr. Asiama said.

The exhibition will take visitors through the cedi’s journey from its introduction in 1965, through the redenomination in 2007, to the current era of digital payments and financial inclusion. In addition, academic talks and nationwide public education efforts aim to deepen awareness of Ghana’s monetary history.

The celebrations will also include nationwide financial-education campaigns, promoting responsible currency use and awareness of digital-payment systems such as the E-Cedi.

The Cedi@60 anniversary runs under the theme “Sovereignty, Stability, and Resilience”, reflecting the currency’s symbolic value in Ghana’s economic identity. Events will continue throughout 2025, culminating in national forums, exhibitions, and stakeholder engagements highlighting policy reforms, technological progress, and the Cedi’s enduring contribution to economic growth.

The BoG said the commemoration aims not only to celebrate past achievements but also to reinforce public trust and inspire future innovation in Ghana’s financial system.

Read Also

Featured
Ghana Cuts Cocoa Producer Price to GHS41,392 as World Market Price Drops to US$4,100
Ghana Cuts Cocoa Producer Price to GHS41,392 as World Market Price Drops to US$4,100

Ghana revises cocoa producer price to GHS41,392 per tonne after global prices fall from US$7,200 to US$4,100, citing liquidity and sustainability concerns.

Ghana’s Economy Grows by 4.2% in November 2025 as Services Sector Leads – GSS MIEG Report
Ghana’s Economy Grows by 4.2% in November 2025 as Services Sector Leads – GSS MIEG Report

Ghana’s economic activity expanded by 4.2% in November 2025, driven largely by strong growth in the services sector, according to the latest MIEG report from the Ghana Statistical Service.

BoG Launches Strategic Bank Listing Reform to Unlock GH¢100bn Pension Capital
BoG Launches Strategic Bank Listing Reform to Unlock GH¢100bn Pension Capital

Bank of Ghana Governor Dr. Johnson Pandit Asiama launches the Bank Listing Project, citing GH¢100bn pension assets and calling for stronger transparency and market discipline.

Upper West, volta and North East Record Highest Food Insecurity as Ghana’s National Rate Falls to 38.1%
Upper West, volta and North East Record Highest Food Insecurity as Ghana’s National Rate Falls to 38.1%

Upper West, North East and Volta record highest food insecurity levels as Ghana’s national rate falls to 38.1%, with education emerging as a key protective factor.

COCOBOD’s Finances in Crisis, Says CEO Randy Abbey.
COCOBOD’s Finances in Crisis, Says CEO Randy Abbey.

COCOBOD CEO Randy Abbey says he inherited GH¢3.8bn negative equity, GH¢26bn road exposure and $48m procurement obligations at the cocoa regulator.

Ministry of Finance Relocates Offices to Kanda, Begins Full Operations February 9
Ministry of Finance Relocates Offices to Kanda, Begins Full Operations February 9

Ghana’s Ministry of Finance has officially relocated its offices to Kanda in Accra, with full operations commencing on February 9, 2026. Here’s what you need to know.

DVLA Publishes New Vehicle Registration and Inspection Fees Nationwide
DVLA Publishes New Vehicle Registration and Inspection Fees Nationwide

Ghana’s DVLA has released a full list of approved vehicle service rates, affecting registration, inspections, and conversions nationwide. Here’s what drivers need to know.

Gold Coast Refinery Begins Processing 1 Ton of Gold Weekly – ato Forson
Gold Coast Refinery Begins Processing 1 Ton of Gold Weekly – ato Forson

Finance Minister Cassiel Ato Forson says Ghana’s Gold Coast Refinery is now refining one ton of gold weekly, boosting local value addition and jobs.

Ghana’s Inflation Falls to 3.8% in January 2026 – GSS Report
Ghana’s Inflation Falls to 3.8% in January 2026 – GSS Report

Ghana’s inflation rate fell to 3.8% in January 2026, its lowest in four years, as food and non-food prices eased nationwide, according to GSS data.

Inflation Falls to 5.4% as Bank of Ghana Signals Cautious Path for 2026
Inflation Falls to 5.4% as Bank of Ghana Signals Cautious Path for 2026

Bank of Ghana Governor Dr. Johnson Asiama says inflation fell to 5.4% and reserves rose to $13.8bn as policymakers consider a cautious path for 2026.

IES contends NPA Price Floor Policy Amid Fuel Pricing Debate in Ghana
IES contends NPA Price Floor Policy Amid Fuel Pricing Debate in Ghana

The Institute for Energy Security says Ghana’s fuel price floor protects fair competition and long-term stability, responding to calls for lower petrol prices.

Gov’t Says $1.4bn Energy Debt Payment Has Stabilised Power Supply.
Gov’t Says $1.4bn Energy Debt Payment Has Stabilised Power Supply.

Government says the $1.4bn energy-sector payment has stabilized power supply, restored liquidity, and prevented a return of widespread outages.

Ghana’s Economy Grows by 3.8% in October 2025 — Services Sector Leads Strong Performance.
Ghana’s Economy Grows by 3.8% in October 2025 — Services Sector Leads Strong Performance.

New GSS data shows a 3.8% jump in economic activity driven mainly by services and manufacturing. Agriculture also ticked up slightly. Full report breaks down where the growth is coming from and what comes next.

Ghana’s Labour Market Grows in 2025, But Youth Unemployment Remains High
Ghana’s Labour Market Grows in 2025, But Youth Unemployment Remains High

Ghana’s labour force expanded in 2025 with over 330,000 new jobs, but youth unemployment remains high at over 32 percent, according to new data from the Ghana Statistical Service.

Cedi Trades at ¢11.50 to the Dollar in Latest Bank of Ghana Rates
Cedi Trades at ¢11.50 to the Dollar in Latest Bank of Ghana Rates

The Ghanaian cedi sold at ¢11.5058 to the US dollar on December 18, 2025, according to the Bank of Ghana’s latest interbank exchange rates.

Ghana’s Economy Expands 6.1% in First Three Quarters of 2025- new gss data reveals
Ghana’s Economy Expands 6.1% in First Three Quarters of 2025- new gss data reveals

Ghana’s economy expanded by 6.1% in the first nine months of 2025, with agriculture, ICT, and trade powering growth. Government Statistician Dr. Alhassan Iddrisu says the data shows “slightly stronger momentum” than 2024.

Germany Commits Additional €3 Million to Support Ghana’s Green Transition
Germany Commits Additional €3 Million to Support Ghana’s Green Transition

Germany has pledged an extra €3 million to Ghana’s Sustainable Energy for Climate Project, bringing total support to €10 million, as both nations deepen cooperation on renewable energy, efficiency, and climate resilience.

Inflation Drops for the 11th Consecutive Month, Reaches 6.3% in November — Ghana Statistical Service
Inflation Drops for the 11th Consecutive Month, Reaches 6.3% in November — Ghana Statistical Service

Ghana’s inflation rate dropped for the 11th consecutive month to 6.3% in November 2025, the lowest since 2021. The Ghana Statistical Service attributes the trend to price stability in food, non-food, and locally produced items.

PURC Sets New 2026 Tariffs: Electricity to Rise 9.86% and Water 15.92% From January 1
PURC Sets New 2026 Tariffs: Electricity to Rise 9.86% and Water 15.92% From January 1

Ghana’s Public Utilities Regulatory Commission (PURC) has announced new tariffs effective January 1, 2026 — electricity to increase by 9.86% and water by 15.92% under the 2026–2030 Multi-Year Tariff Review. The adjustment reflects inflation, exchange rate, and gas cost projections.

Monetary Policy Committee Cuts Policy Rate to 23% as BoG Signals Confidence in Economic Turnaround
Monetary Policy Committee Cuts Policy Rate to 23% as BoG Signals Confidence in Economic Turnaround

The Bank of Ghana has reduced its policy rate to 23%, citing strong economic recovery, stable inflation, and improved reserves. Governor Johnson Asiama says Ghana is “shifting from recovery to expansion” as the BoG balances disinflation with growth.

‘You’ll Kill Local Businesses’: Afenyo-Markin Fights 7% Withholding Tax Increase in Parliament
‘You’ll Kill Local Businesses’: Afenyo-Markin Fights 7% Withholding Tax Increase in Parliament

Deputy Majority Leader Alexander Afenyo-Markin has urged Parliament to reject the proposed 7% withholding tax increase, warning it will hurt Ghanaian small businesses and undermine economic recovery.

IMF Corruption Report Reflects 2023 Realities, Not 2025 — OSP Pushes Back
IMF Corruption Report Reflects 2023 Realities, Not 2025 — OSP Pushes Back

Ghana’s Special Prosecutor has rejected aspects of the IMF’s Governance and Corruption Diagnostic Report, saying the findings reflect 2023 challenges and not the Office’s current reforms, capacity, and anti-corruption performance.

Ghana Revises July MIEG to 3.7% as August Growth Hits 5.1% — GSS Report
Ghana Revises July MIEG to 3.7% as August Growth Hits 5.1% — GSS Report

Ghana Statistical Service has revised July 2025 MIEG growth down to 3.7% from the earlier 4.5%, while August 2025 economic activity expanded by 5.1%. Agriculture and services led the growth, though industry contracted.

“Behind This Single-Digit Inflation They Are Boasting About Is a Struggling Economy” — Former Finance Minister Amin Adam
“Behind This Single-Digit Inflation They Are Boasting About Is a Struggling Economy” — Former Finance Minister Amin Adam

Former Finance Minister Amin Adam says Ghana’s single-digit inflation is misleading, arguing in Parliament that rising prices of essential goods, failing Treasury bill auctions and weakened investor confidence reveal a struggling economy depriving citizens of decent livelihoods.

Hon. Kojo Oppong Nkrumah Slams Political Theatre in Parliament, Urges Action on 2026 Budget
Hon. Kojo Oppong Nkrumah Slams Political Theatre in Parliament, Urges Action on 2026 Budget

Former Information Minister Kojo Oppong Nkrumah warns that Ghana’s 2026 Budget faces a staggering revenue shortfall of up to GH₵19 billion, forcing the government to cut expenditure by GH₵28 billion. He urges Parliament to confront the structural weaknesses undermining the economy.

Two Arrested for Hoarding Premix Fuel — Fisheries Minister Confirms
Two Arrested for Hoarding Premix Fuel — Fisheries Minister Confirms

Two suspects have been arrested and arraigned for hoarding premix fuel, Fisheries Minister Emelia Arthur told Parliament. Automation reforms continue nationwide.

Felix Kwakye Ofosu Rebuts Minority Claims of Illegal Money Printing by Bog
Felix Kwakye Ofosu Rebuts Minority Claims of Illegal Money Printing by Bog

Ghana’s Presidential Spokesperson Felix Kwakye Ofosu has dismissed Minority allegations that the Bank of Ghana printed money to finance the Gold Board, insisting the bank only facilitated legal intermediation in the gold-for-reserves program.

Cedi @ 60 Conference Charts New Vision for a Stable, Digitally-Driven Ghanaian Currency
Cedi @ 60 Conference Charts New Vision for a Stable, Digitally-Driven Ghanaian Currency

Ghana’s Cedi @ 60 Conference sets a bold agenda for currency stability, digital innovation, and fiscal discipline, with BoG Governor Asiama calling for national commitment.

2026 Budget: Government Abolishes COVID-19 Levy- ato forson declares
2026 Budget: Government Abolishes COVID-19 Levy- ato forson declares

The Government of Ghana has officially abolished the COVID-19 Health Recovery Levy as part of sweeping 2026 VAT reforms. Finance Minister Dr. Ato Forson says the move will return GH₵3.7 billion to citizens and businesses while simplifying Ghana’s tax system and boosting fiscal efficiency.

2026 Budget: Ghana Targets 4.9% GDP Growth as Government Resets the Economy
2026 Budget: Ghana Targets 4.9% GDP Growth as Government Resets the Economy

Ghana’s 2026 Budget projects a minimum 4.8% GDP growth as Finance Minister Dr. Ato Forson outlines a strategy focused on fiscal discipline, revenue mobilisation, social protection, and sustained macroeconomic stability under the theme “Resetting for Growth, Jobs and Economic Transformation.”

Irene Anim

Irene Anim is a news reporter and writer with DM Media Group

Previous

Cedi@60: Vice President Emphasizes Importance of Upholding the Ghana Cedi as Legal Tender
Next

Benchmark Reduction Key to Curbing Smuggling Surge — FBAG Secretary Tells DM Media