Headline inflation is expected to ease between13% to 17% by the end of 2024, according to the Bank of Ghana (BoG). The Central Bank says the expectation was as a result of inflation declining sharply by more than 30% in the course of 2023. It is also expected to trend back gradually to within the […] The post 2024 expected to end with at least 13% inflation -BoG appeared first on The
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Kwamina Asomaning delivering the keynote address at the graduation ceremony Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery Read More... The post Embrace Journey Of Discovery
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery as they begin their lives out of school. Mr. Asomaning said this at the graduating class of 2022/2023 of the College of Humanities, University of Ghana. The Stanbic Bank Chief Executive shared insights from his personal […] The post Stanbic
The Ghana Tertiary Education Commission (GTEC) has started a policy dialogue that seeks to establish a policy framework for transnational education in the country. The policy dialogue being done in collaboration with the British Council is geared towards engaging all stakeholders in the tertiary education space to come out with a policy framework to regulate […] The post GTEC to implement
The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG
Before Alhaji Collins Dauda and Dr. Kwaku Agyeman-Mensah were respectively appointed as Minister for Works and Housing, an amount of US$80 million had already been invested into the Saglemi housing project. Mr Godwin Edudzi Tamakloe, Counsel for Agyeman-Mansah, told an Accra High Court, presided over by Justice Ernest Owusu-Dapaa, on Tuesday. He said the amount […] The post Collins,
The President of the Ghana Journalist Association (GJA), Albert Kwabena Dwumfour, has appealed to media houses and journalists to institute a media blackout on the Minister of Fisheries and Member of the Awutu Senya East constituency in the Central Region, Mavis Hawa Koomson. This comes after the police’s failure to make an arrest on persons […] The post GJA
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
Some irate youth of Manfo, Subrisu and Fante Communities in the Ahafo Ano North Municipality of the Ashanti Region have asked the government to, as a matter of urgency, stop the state security agencies from unnecessarily harassing them at the community mining site at Fante. They have threatened the government not to, in its wildest dream, […] The post Miners angry over harassment by state
Committed to positively impacting the communities in which it operates, AngloGold Ashanti Obuasi Mine, in collaboration with the Otumfuo Osei Tutu II Foundation has donated 47,825 ICT and Science books, valued at over GHC1.9 million, to basic schools in Obuasi. Presenting the books at a short ceremony, Mrs. Mavis Nana Yaa Kyei, Social Development and Gender […] The post AGA,
Ghana has made a significant improvement in the fight against Malaria prevalence among children under-5 years, as it records 67% reduction, thus over 26% in 2014 to 8.6% in 2022. This was revealed during the launch of 7th Ghana Demographic and Health Survey (GDHS) by the Ghana Statistical Service (GSS), in collaboration with the Ghana […] The post Ghana records over 60% reduction in Malaria
This weekend marks exactly five years when Mrs Josephine Asante was murdered in cold blood in her home at the Emefs Hillview Estates, near Afienya, in the Ningo Prampram District of the Greater Accra Region. Intensive police investigation led to the apprehension of a number of suspects, some of who are assisting the inquisition. However, […] The post Who killed Josephine Asante 5 years ago? appeared
Newmont Akyem Mines has paid a glowing tribute to stakeholders, particularly the chiefs, for their contributions in ensuring responsible and sustainable mining for the past 10 years. According to them, illegal mining, known in the local parlance as ‘galamsey’, has threatened the smooth operation of the mining industry, with various forms of demonstrations with its […] The post Newmont Akyem Mines
The Member of Parliament for South Dayi, Rockson-Nelson Dafeamekpor, has written to the Electoral Commission (EC), asking it to rescind its decision to abandon indelible ink during the 2024 polls. Dafeamekpor has threatened to use every legal means available to compel the EC to reverse the decision should his request be ignored. In a letter […] The post Reverse
Ghanaian gospel musician Chris Paakow Nelson has released his latest single, “Ese,” on January 10, 2024. In the Yoruba dialect, “Ese” translates to “thank you,” encapsulating the essence of gratitude and appreciation. The inspiration for the song arose during a challenging period at the end of 2022 when Chris Nelson found solace in the melody […] The post Gospel
Kwasi Kwaning-Bosompem The Opposition National Democratic Congress (NDC) Member of Parliament (MP) for the South Dayi constituency in the Volta Region, Rockson-Nelson Dafeamekpor, has initiated a court action against Read More... The post NDC
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