The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […] The post Ghana’s
Today, I focus on a very sensitive subject relating to the interplay of church and national development. The issue of the church contributing directly to national development through taxation has been superficially discussed at various quarters. However, due to the sensitive nature of religious matters in the country, and sometimes, the fanatism that comes with […] The post Should Churches Pay Taxes: Yay or
The Bank of Ghana (BoG) has revealed that it has reduced the scale of certain facilities in its controversial new head office, currently under construction. The BoG faced significant criticism over the construction of the new headquarters, with the Minority in Parliament demanding the removal or resignation of Governor Dr. Ernest Addison. Speaking before the […] The post Facilities
Two females and nine males between the ages of 18 and 52 years have been hauled before the Accra Circuit Court for unlawful possession of drugs. They are Ethel Anaab, 28 a trader, Daniel Tetteh Botchway, 52 a farmer, Ruth Botchway, 20 a trader, Kofi Nti, 29 a driver and Benette Adjei, 29 a chef. […] The post 2 females, 9 males in court over alleged narcotic offences appeared first
The National Health Insurance Authority (NHIA) Deputy Chief Executive, in charge of Operations, Louisa Atta-Agyemang (Mrs) on March 28, 2024 rounded up a three-day working visit to the Greater Accra, Volta and Oti Regions. She ended the tour in the Kpando Municipality of the Volta Region where she expressed satisfaction with the limited rollout of […] The post NHIS
Nana Serwah Godson-Amamoo, a prominent lawyer and partner at AB & David Africa, has tragically died in Dubai, United Arab Emirates. Reports indicate that she complained of feeling unwell just moments before a planned scuba diving expedition. She collapsed and passed away after undergoing training for the activity, Asaaseradio.com reports. Godson-Amamoo was a distinguished figure […] The post
By Rashidatu IBRAHIM MTN Ghana paid GH¢5.9 billion in direct and indirect taxes, along with an additional GH¢0.4billion in fees, levies and other payments to government agencies last year. Together, these payments represents 47.1 percent of MTN’s total revenue paid to the government for the 2023 financial year. This was revealed by its Board Chairman, […] The post MTN
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
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
Dancer and content creator, Official Starter has disclosed that he compensates all of the market women he collaborates with for his viral dance videos. The post I pay the market women in my dance videos – Official Starter first appeared on 3News.
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
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
Dani Alves Former Brazil footballer Dani Alves has been released from prison after making the €1 million ($1.08m) bail payment required as he awaits the result of an appeal Read More... The post Dani Alves Released After Posting €1m Bail appeared first on
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
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the Cedi was relatively stable in the first quarter of 2024 against the major trading currencies, especially the Dollar. He says they expect the stability to continue. Answering questions at the 117th Moneyray Policy Committee (MPC) press conference in Accra on Monday […] The post Cedis is relatively stable
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Nigeria is currently saddled with a crisis related to the challenges posed by its currency, the Naira. He said this is similar to what Ghana went through in 2022 when inflation kept rising, coupled with the rapid depreciation of the Cedi. Reuters […] The post Naira woes: Nigeria going through
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will be holding the 117th press conference today Monday, March 25. The MPC is expected to announce major policy decisions including whether or not the policy should reduce. The MPC is also expected to talk about the performance of the Cedi against the dollar […] The post Bank of Ghana to announce key decisions
Ghana’s foreign exchange market came under some seasonal pressures in February and early March 2024, but the Ghana cedi continues to recover its value, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. He explained that the pressures emanated mainly from the strengthening of the US dollar in international markets, and payments […] The post Ghana’s
Gross international reserves (GIR)increased in 2023, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. The stock of the GIR at the end of December 2023 rose to US$5.91 billion, equivalent to 2.7 months of imports cover for goods and services, he said. Excluding pledged assets and the Ghana Petroleum funds, the […] The post Ghana’s gross international reserves
Former Brazil defender Dani Alves has paid 1 million euros ($1.2 million) in bail to secure his release from prison while he appeals a rape conviction, confirmed by a Spanish court on Monday. Alves, who surrendered his passports as part of the bail conditions, is expected to be released later today. He will be subjected […] The post Dani Alves released from prison amid rape conviction
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