Courage Boti

Inflation To Peak In March 2023 – Economist
12 Jan

Inflation To Peak In March 2023 – Economist

wontumionlineBusiness, , ,
The increasing rate of inflation is expected to peak in March 2022, Economist and Research Lead at GCB Capital, Courage Boti, has stated. Inflation shot up by 3.8% to end 2022 at 54.1%, according to data from the Ghana Statistical Service. However, the rate of increase between November 2022 and December 2022 slowed down. Speaking to Joy Business, Economist and Research Lead with GCB Capital, Courage Boti, said the general increase in prices of goods and services will reach the highest level in March 2023 after which inflation will witness decline. According to him, this is likely to happen if the…
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Cedi’s Recent Performance To Be Sustained For Few Weeks – Currency Analyst
02 Nov

Cedi’s Recent Performance To Be Sustained For Few Weeks – Currency Analyst

wontumionlineBusiness, , ,
The recent improvement in the value of the Ghana cedi against the US dollar is expected to be sustained in the next couple of weeks, Lead Researcher at GCB Capital and a Currency Analyst, Courage Boti, has said. According to him, the recent depreciation of the cedi was largely due to speculation. “I expect that this trend could continue until we get to the ¢13 level and then that is when you will receive some sense of stability because the Bank of Ghana rate would become the floor or the lowest level. The thing really is that you don’t want…
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