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Lemonade Finance presents Delay in “Wo si woyε musician?”

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Lemonade Finance presents Delay in “Wo si woyε musician?”

Lemonade Finance is a cross-border payment solution that enables Africans in the Diaspora to send money to Ghana and other African countries. The App is available on the iOS and Google Play Store.

 

On October 14th, 2022, Lemonade Finance announced seasoned media personality and serial entrepreneur Deloris Frimpong Manso “Delay” as a brand ambassador, alongside John Dumelo and Ras Nene “Dr Likee”.

 

In “Wo si woyε musician?”, an upcoming act misses his chance to impress Delay with his singing.

What happens next?

 

Find out when you watch the video here:

 

 

“To us, what the Delay brand brings is trust and discipline” says Precious Ama Kwartemaa Oduro, the Ghana country manager for Lemonade Finance.

“Her wit in this ad captures what audiences, young and old have come to expect from the interview style of Obaa Afia Delay. The Yaa Asantewaa of the media industry”.

You can download Lemonade Finance by following: Customers who use the code DELAY during signup will get a $10, £10 or C$10 cashback when they send over 100 Dollars, Pounds or Canadian Dollars to someone in Ghana or any of our other supported African countries.

Find out more about the possibilities of Lemonade Finance on this dedicated page for Ghana.

About Lemonade Finance

Lemonade Finance was founded on a simple goal, to make it easy for Africans to send and receive money from home easily.

With Lemonade Finance, Ghanaians in the UK, USA and Canada can send money to mobile money and bank accounts, at the best rates, instantly and at zero fees.

The Lemonade Finance app is used by thousands of Africans in the United States, Canada and the UK to send money back home to Ghana, Kenya, Nigeria and seven other African countries.

The Official Lemonade Finance channels are:

Instagram: @lemonade.finance, @lemonadefinance.gh

Twitter: @LemonadeFinance, @LemonadeFinGH

Facebook: @lemonade.finance, @lemonade.finance.gh

LinkedIn: lemonade-finance

YouTube: LemonadeFinance

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BUSINESS SPECIAL

Lemonade Finance presents John Dumelo in “For Mama”

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Lemonade Finance presents John Dumelo in “For Mama”

Lemonade Finance is a cross-border payment solution that enables Africans in the Diaspora to send money to Ghana and other African countries. The App is available on the iOS and Google Play Store.

 

On October 14th, 2022, Lemonade Finance announced John Dumelo, a veteran actor and entrepreneur alongside Deloris Frimpong Manso popularly known as “Delay” and Dr Likee as Brand Ambassadors.

 

In the heartwarming “For Mama”, he affirms the brand’s promise of helping Africans in the diaspora give back and build home. He brings this vision to life using Lemonade Finance.

As an entrepreneur, John Dumelo understands how the financial support of diasporans can be key to livelihood, education and small businesses in Ghana.

 

You can watch the video here:

 

 

“For Mama” is a celebration of giving back, according to Ayoola Salako, Brand Marketing Manager at Lemonade Finance. “This video is a love letter to the many Africans that already trust us to send the sweetness home” Furthermore. “It is also an invitation to Ghanaians and other Africans in the diaspora, to trust Lemonade Finance as the best way to send money home

instantly, at the best rates and at zero fees”.

You can download the Lemonade Finance app on the iOS Store or Google Play Store. Customers who use the code DUMELO during signup will get a $10, £10 or C$10 cashback when they send over 100 Dollars, Pounds or Canadian Dollars to someone in Ghana or any other supported African countries.

Find out more about the possibilities of Lemonade Finance on this dedicated page for Ghana.

About Lemonade Finance

Lemonade Finance was founded on a simple goal, to make it easy for Africans to send and receive money from home easily.

With Lemonade Finance, Ghanaians in the UK, USA and Canada can send money to mobile money and bank accounts, at the best rates, instantly and at zero fees.

The Lemonade Finance app is used by thousands of Africans in the United States, Canada and the UK to send money back home to Ghana, Kenya, Nigeria and seven other African countries.

The Official Lemonade Finance channels are:

Instagram: @lemonade.finance, @lemonadefinance.gh

Twitter: @LemonadeFinance, @LemonadeFinGH

Facebook: @lemonade.finance, @lemonade.finance.gh

LinkedIn: lemonade-finance

YouTube: LemonadeFinance

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BUSINESS SPECIAL

Cedi Records 18.21% Depreciation To Dollar In Quarter 1; Ranked Among “Worst Spot Returns – Bloomberg

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Cedi and Dollar

The cedi recorded an 18.21% rate of depreciation to the US dollar in the first quarter of 2022, according to Bloomberg.

This still ranked the local currency as the worst among African currencies with the “Worst Spot Returns”. However, for the timely intervention by the Bank of Ghana, the situation could have been worse.

Despite the country benefiting immensely from the high price of crude oil on the international market and to some extent the favorable price of gold, the cedi has not fared well so far this year.

It came under severe pressure, particularly in the months of February 2022 and early March 2022. This was largely as a result of immense demand for the US dollar, as investors seek for dollar denominated assets, due to unfavorable ratings of Ghana’s economic outlook by rating agencies, Fitch and Moody’s.

Government had also faced stiff opposition in getting some revenue bills, particularly the Electronic Transaction Levy, from getting passed. Similarly, investors wanted some reassurance by government that it was committed to narrowing the fiscal deficit, whilst reducing arrears and the rising debt.

However, the E-Levy has since been passed, whilst the government had introduced fiscal measures to revive the fiscal economy.  Coupled with the timely measures by the Bank of Ghana, this has since slowdown the rate of depreciation of the cedi against the US dollar.

Meanwhile, the Angolan Kwanza is the best performing currency in Africa this year with an appreciation of 24% to the dollar in the first quarter of 2022.

It is followed by the South African rand with an appreciation of 9.38% to the dollar.

CURRENCIES WITH “WORST SPOT RETURNS” AT THE END OF QUARTER 1, 2022

RANKING CURRENCY YEAR-TO-DATE
16th New Sudanese pound -2.08%
17th Ethiopian Birr -3.89%
18th Liberian dollar -4.94%
19th Sierra Leone leone -5.10%
20th Mauritian rupee -7.05%
21st Zambian kwacha -8.02%
22nd Egypt pound -14.27%
23rd Ghana cedi -18.21%

CURRENCIES WITH “BEST SPOT RETURNS” AT THE END OF QUARTER 1, 2022

RANKING CURRENCY YEAR-TO-DATE
1st Angolan kwanza  24.2%
2nd South African rand  9.38%
3rd Guinean franc  4.40%
4th Botswna pula  2.59%
5th Nigerian naira 1.74%
6th Kenya shilling 1.59%
7th Rwanda franc 0.66%
8th Mozambique new metical 0.19

 

 

 

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Source: GhArticles.com

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BUSINESS SPECIAL

New Sachet Water Prices Takes Effect Today

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Women selling sachet water

Sachet water price is expected to increase from today, April 1.

According to the National Association of Sachet and Packaged Water Producers (NASPAWAP), the new price of packaged water is informed by the increasing cost of raw materials and fuel and the cedi’s depreciation.

Barring any hitches, a water sachet will be selling at ¢0.40, while the 500ml bottled water will be retailed at ¢2. From Friday, iced bottled water of 750ml or medium size will be sold at ¢2.50.

A bag of sachet water, 500ml by 30pcs, will be sold at ¢6 maximum from the retail trucks.

Mini shops, however, will retail the commodity at ¢8 per bag maximum. The 1.5L or large bottled water will be sold at ¢3.50.

President of the Asociation, Magnus Nunoo, has explained that most of the inputs and packaging materials which are mainly imported and produced from petroleum sources have seen price hikes.

“At our previous review, the dollar’s exchange rate was in the region of ¢6.50. Currently, it is inching up to ¢8.50. Fuel which forms a major cost of distributing the products to the market centres, has significantly gone up since our last review,” he noted.

He, however, cautioned that there might be slight variations in prices across the regions due to haulage to remote and distant areas.

The president further appealed to government to review the tax policies on packaged water industry to help reduce the financial burden to save the industry.

 

 

 

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Source: GhArticles.com

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