In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed “Anticipate and Effectively Manage Market Risk,” aimed to provide insight into the current macroeconomic climate, highlighting potential market risks and outlining risk management solutions. […] The post Absa
Juliana Addo-Yobo, the director responsible for volunteers at the 13th African Games, has assured that the Ministry of Sports is actively working to resolve the issue of unpaid volunteers for the event. Volunteers expressed agitation on Tuesday over the alleged failure of authorities to fulfill promises of compensation made before the competition. They claim they […] The post African
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the security agencies to play their role in the fight against cross-border illegal transfers. He says that there is nothing the central bank can do about it if the security agencies do not help. Dr Addison indicated that although the Bank hears rumors […] The post If the
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has explained why the local currency, the Cedi depreciated against the major trading ones, the Dollar, Pounds, and Euros, at a time when the local economy was expanding. Recently, the Government Statistician, Professor Samuel Kobina Annim announced that Ghana’s economy grew by 2.9% in 2023, […] The post Addison
Black Stars coach Otto Addo has recognised the formidable challenge of rebuilding the Ghanaian national football team, highlighting the adverse conditions he encountered upon assuming his role. After overseeing his first two matches in charge against Nigeria and Uganda, Addo reflected on the team’s current state and the challenges faced in restoring it to its […] The post We
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the state security agencies to assist the bank in dealing with reports of cross-border illegal transfers. He says that although the Bank hears rumors of these illegal transfers, it is not taking the matter lightly. Dr Addison said these while answering a question […] The post Bank of Ghana prepared
Thomas Ishmael Adjei Fidelity Bank Ghana, a leading advocate for financial inclusion, took a centre stage role in empowering young minds at the just ended 13th African Games. The Read More... The post Fidelity Bank Empowers Youth At African Games appeared first
The Public Utilities Regulatory Commission (PURC) has announced that the Electricity Company of Ghana (ECG) is on course in respect of compliance with the 5 requirements under the Cash Waterfall Mechanism procedure. This is contained in a statement dated March 26, 2024, issued by the Commission and signed by its Executive Secretary, Dr Ishmael Ackah. […] The post PURC
Ghanaian Fast Foods | Heritage On-Air Series The post Ghanaian Fast Foods | Heritage On-Air Series appeared first on Citinewsroom - Comprehensive News in Ghana.
Benjamin Nketsia, Nathan Quao and Edwin Kwakofi look ahead to Man City vs Arsenal, assess Ollie Watkins’ England prospects, Ashley Cole’s induction into the PL Hall of Fame and the race for the Golden Boot. #CitiSports The post Man City face Arsenal; Ashley Cole inducted in PL Hall of Fame; who wins the
The Bank of Ghana (BoG) has received a US$300 million facility from the World Bank as budgetary support. According to a report by Citi News, the BoG’s account was officially credited on Wednesday, March 27, 2024. The release today is the first of three $300 million World Bank operations for disaster response and resilience in […] The post $300m World Bank budgetary support hits
By Joshua Worlasi AMLANU ([email protected]) The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation. Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th MPC meeting’s press briefing […] The post
Dr. Ernest Addison In a recent announcement, the Bank of Ghana (BoG) has decided to maintain its Monetary Policy Rate (MPR) at 29%. This move comes in response to a Read More... The post BoG Maintains Monetary Policy Rate At 29% appeared first on DailyGuide
Jordan Ayew has reaffirmed the steadfast commitment of himself and his older brother Andre Ayew to the Black Stars cause. The Ayew brothers, mainstays in the Ghanaian national team for over a decade, have vowed to continue fighting for their country till the end. Speaking ahead of the Black Stars’ upcoming friendly match against Uganda, […] The post We will always fight for
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the foreign exchange market came under some seasonal pressures in February and early March 2024. However, he said, the Ghana cedi continues to recover its value. The pressures, he explained, emanated mainly from the strengthening of the United States dollar in international […] The post Cedi continues
Governor of the Bank of Ghana (BoG) Dr Ernest Addison has stated that Fiscal policy implementation so far has been broadly consistent with targets under the International Monetary Fund External Credit Facility (IMF ECF) supported programme. Although the primary fiscal balance (Total Revenue less Total Non-Interest Expenditure) target for 2023 was attained, he said, the […] The post Fiscal
Dr Kwaku Ofosu Asare, chairman of the Local Organizing Committee for the recently concluded 2023 African Games, has conceded that Ghana could have better prepared its athletes for the competition, potentially leading to even greater success in the medal tally. Despite Ghana’s commendable achievement of securing 68 medals at the games, including 19 gold, 29 […] The post African
A colorful ceremony was held on March 23 to bring the 13th African Games to a befitting end. It had been three weeks of drama, cheers, and new records broken as Ghanaians and other Africans witnessed back-to-back showdowns in Accra and Cape Coast. About 5000 athletes from 50 countries competed in 29 disciplines; a record […] The post 2023 African Games: Key takeaways from 13th edition
When the announcement of Ghana hosting the African Games hit the airwaves, there were many questions. The major one was “Can Ghana do it?” and so it began. The opening ceremony was colourful, a rich cocktail of Ghana’s heritage and pride. Ghana had opened its doors and welcomed 5000 athletes who had come to compete […] The post From setbacks to success: 2023 African Games
The Black Stars of Ghana will be seeking their first win after seven games when they take on the Cranes of Uganda on Tuesday in Marrakech, Morocco. The match, scheduled for Tuesday at 16:00 GMT, marks the culmination of the March international friendlies for both sides. Ghana will enter the to achieve redemption having lost […] The post Black Stars seek first win in 7 games in Uganda
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