The Bank of Ghana (BoG) has lowered its monetary policy rate by one per cent. In effect, the rate that commercial banks use as a reference for lending has been reduced from 30 to 29 per cent after six months. The rate has remained at 30 per cent since July 2023 to keep inflation under […] The post BoG reduces policy rate to 29% appeared first on Citinewsroom
Former Greater Accra Youth Organiser of the New Patriotic Party (NPP), Moses Abor, has expressed confidence in beating the Greater Accra Regional Minister, Henry Quartey with 70 percent of the votes in Ayawaso Central. Speaking to Citi News after casting his ballot, the optimistic Moses Abor indicated that the wind of victory is blowing all […] The post #NPPDecides: I’ll
Residents of Ashaiman in the Greater Accra Region have threatened to oppose political activities in the area this year due to the poor state of roads. The residents claim that the government has ignored their pleas for improved roads, causing frustration for commuters. During a demonstration, the residents expressed their displeasure, highlighting the challenges posed […] The post Don’t
The controversy over South Korean First Lady Kim Keon Hee allegedly accepting a luxury bag gift has thrown its ruling People Power Party (PPP) into disarray. Spy camera footage released late last year appeared to show a pastor presenting a Dior bag to her. Some analysts say the scandal threatens the prospects of President Yoon […] The post South Korea: First Lady’s
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post
Richard Boame, a 37-year old Apprentice, has been sentenced three years imprisonment for stealing GH¢15,000 from his master to engage the service of prostitutes. In a matter of three days, the convict hired a hotel room and engaged in sexual activities with eight prostitutes and paid each between GH¢330 and GH¢550. Boame pleaded guilty simplicita, […] The post Apprentice steals from master
In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting four million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast, and salt into a metal box takes time and costs […] The post Are electric cars a dead end?
Moses Anim As the New Patriotic Party (NPP) gears for its nationwide parliamentary primaries on Saturday, January 27, 2024, one of the sitting Members of Parliament (MPs) in the Read More... The post Why Trobu MP Smells Victory appeared first on DailyGuide
Kofi Bentil, Vice President of IMANI Africa, has critically assessed the impact of the Akosombo Dam spillage, categorizing it as a major failure on the part of the Volta River Authority. Participating in a panel discussion on the Africa Leadership Initiative West Africa (ALIWA) on Thursday, January 25, Mr Bentil emphasized the need for a […] The post Akosombo
A senior Sanitation Specialist with the World Bank, Ing. Harold Esseku, says the Volta River Authority (VRA) must ensure that the mega disaster caused by the spillage of the Akosombo Dam does not occur again. Speaking at a panel discussion on “Building Resilience: A Socio-Economic Response to Natural Disasters” during the Africa Leadership Initiative West […] The post Akosombo
A parliamentary hopeful of the New Patriotic Party in the Sekondi constituency, Benjamin Paa Kwesi Moses has pledged to lead an industrial driven agenda that would rapidly accelerate the development of Sekondi, if he becomes the MP. The intended development agenda, he explained, would be spearheaded by the youth in the constituency to turn the […] The post NPP primaries: ‘Sekondi Moses’
Alhaji Collins Dauda, former minster for Works and Housing, according to a Prosecution Witness, Rev. Stephen Yaw Osei, did not issue an interim payment certificate, regarding the Saglemi Housing Project. He said this in court last week during cross examination. Mr Collins Dauda and others have been accused of causing financial loss to the state […] The post Colins Dauda Did Not Issue Interim
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The Volta Regional Ghana Education Service (GES) has assured of its readiness to put in place measures to ensure that displaced teachers return to the classroom. This assurance comes after the Member of Parliament for North Tongu District, Samuel Okudzeto Ablakwa, stressed the need to entice affected teachers to return for the continuity of teaching […] The post We’re
…marks International Day of Education As the world commemorates the sixth International Day of Education on January 24, 2024, Fidelity Bank Ghana, the largest privately-owned bank in the country, proudly takes a leading role in advocating for the theme ‘Learning for Lasting Peace’, designated by the United Nations. This significant day serves as a poignant […] The post Fidelity
Burna Boy Nigerian musician, Burna Boy, is set to perform at the 2024 Grammys on Sunday, February 4, at the Crypto.com Arena in Los Angeles, USA. The Recording Academy Read More... The post Burna Boy To Perform At 2024 Grammys appeared first on DailyGuide
The genetic treatment targeted a particular kind of congenital deafness and will soon be tried in children who are younger.
The Bank of Ghana has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with the International Monetary Fund (IMF) The cash meant for budget support and stabilization of the local currency, was officially credited to the Central Bank’s account today, Tuesday, January 23, 2023. This means, Ghana has received a […] The post IMF
The Delta State chapter of the All Progressives Congress, APC, has accepted the judgement of the Supreme Court, which upheld the return of Francis Sheriff Oborevwori by the Independent National Electoral Commission (INEC) as the governor of Delta State in the March 18, 2023 governorship election. This was contained in a statement signed by the […] The post Delta APC accepts Supreme
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