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
The National Chairman of the opposition National Democratic Congress (NDC), Johnson Aseidu Nketiah, has cast doubt on the Electoral Commission’s (EC) assertion that no Biometric Verification Devices (BVDs) are missing. Asiedu Nketiah suggests that the devices are intentionally being withheld by someone within the system. His comments follow allegations made by the Minority in Parliament […] The post EC’s
President Nana Addo Dankwa Akufo-Addo has asserted that his administration’s dedication to the educational sector surpasses that of any government in the 4th Republic. He highlighted significant investments in infrastructure, educator support, and various other initiatives, positioning his government as exemplary in its commitment to education. Speaking at the launch of the Smart Schools Project […] The post My
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
The Minority in Parliament has raised concerns and criticized President Akufo-Addo for the delay in addressing the KPMG report on the audit of the revenue mobilisation contract between the Read More... The post Minority Fights President Akufo-Addo
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
President Nana Addo Dankwa Akufo-Addo has taken decisive action by dismissing Daniel Noble Awuley from his role as the Municipal Chief Executive (MCE) of the Hohoe Municipal Assembly. The Read More... The post President Akufo-Addo Sacks Hohoe MCE,
By Emmanuel AKOMEA The Minister of Finance Dr. Mohammed Amin Adam has announced plans to streamline port charges following a visit to the Tema port and discussions with Customs officials and agents. The decision seeks to tackle the multitude of charges at the country’s sea ports, curb duty evasion and address challenges in handling transit […] The post Port
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
The Karaga District Security Committee, has imposed a dusk to dawn curfew on the community following a clash between residents of Karaga and the military. The confrontation resulted in the death of one person and left three others with injuries. The confrontation is reported to have erupted when a rival regent was enskinned following the […] The post Curfew imposed on Karaga after residents
Founder and leader of the All People’s Congress (APC) Hassan Ayariga has criticised the leadership of Ghana, stressing the need for a fundamental shift in the nation’s political landscape. He described the concept of leadership as akin to fatherhood. “There are two fathers in the world biological father and father of the nation. One can […] The post What we need
Ebo Taylor (right) receiving his citation from the organisers The Department of Music Education, School of Creative Arts at the University of Education, Winneba (UEW), has recognised and honoured Read More... The post UEW Honours Ebo Taylor appeared first on DailyGuide
Dr. Yaw Adutwum (left) presenting a citation to President Akufo-Addo (2nd from left), with them is Vice-president Dr. Mahamudu Bawumia (right) The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) administration yesterday Read More... The post Nana Gives One Student, One Laptop appeared
Otto Addo Returnee coach Otto Addo has described today’s international friendly against Uganda as a tall order. The Black Stars are hoping to recover from the defeat to Nigeria Read More... The post Uganda Won’t Be Easy -Otto Addo appeared first on DailyGuide
The Ministry of Energy has provided clarification on recent remarks made by the sector minister, Dr. Matthew Opoku Prempeh, regarding the release of a timetable for ongoing power outages. In a press release issued on Tuesday, March 26 by the Minister’s spokesperson, Kofi Abrefa Afena, Dr. Opoku Prempeh was simply stating facts. During the inauguration […] The post Energy
In a typical meeting of parliamentarians of the Parliament of Ghana, there are several procedures that take place. One of the initial steps is the roll call, where the names of the members are called out to establish their presence. This helps to ensure that quorum, the minimum number of members required for the meeting […] The post A Chamber of Dreams and Risks: Ghana’s
The Central Bank announced Monday it has decided to adjust the Cash Reserve Ratio (CRR) for banks. Governor of the Bank of Ghana and Chairman of the Monetary Policy Read More... The post BoG Adjusts Banks’ Cash Reserve Ratio appeared first on DailyGuide
Dr. Ernest Addison, Governor of Bank of Ghana The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29% following a review of some developments in Read More... The post Policy Rate Remains 29% appeared first on DailyGuide Network
Dr. Christopher Ampadu (M) flanked by his lieutenants Executive Director of the Africa Centre for the Study of Worldviews and Wholistic Development of Societies, Dr. Christopher Ampadu, believes that Read More... The post Ghana’s Devt Not In Regime Change – Ampadu
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