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
The International Monetary Fund’s (IMF) resident representative in Ghana, Dr. Leandro Medina, has lauded the nation’s concerted efforts to achieve economic stability, affirming that although Ghana has not reached its destination, it is undeniably on the right path. During an interview on the Citi Breakfast Show on Tuesday, January 30, Dr. Medina told host Bernard […] The post Ghana’s
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The Public Accounts Committee (PAC) has referred the management of the National Blood Service to the Attorney General for prosecution in light of procurement infractions highlighted in the 2022 Auditor General’s report. The report outlines that the National Blood Service engaged in the procurement of goods and services totalling over GH¢130,000 without following proper procurement […] The post PAC
Dr. Omane Boamah The National Democratic Congress (NDC) has asked the Electoral Commission (EC) to postpone the proposed change of date for the national elections till 2028. According to Read More... The post Change Voting Date In 2028 – NDC appeared first on DailyGuide
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A new medical health facility, Fountain Medical Services (FMS) has been inaugurated in Ho to bridge the gap between critical health provision to the people of the Volta and the Oti Regions. The FMS vision and mission is for the two regions in particular and Ghanaians in general is to provide holistic healthcare accessibility and […] The post Modern private hospital constructed in Ho appeared first
The post Controller & Accountant General Dodges Public Accounts Committee Post Primary Loss appeared first on Citinewsroom - Comprehensive News in Ghana.
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The Electoral Commission (EC) has strongly rejected accusations of poorly conducting the District Level Elections (DLEs), emphasizing that they met the expected standards despite challenges encountered during the process. The District Level Elections, conducted nationwide on Tuesday, December 19, 2023, faced various challenges, leading to the postponement of elections in some district assemblies to Thursday, […] The post District
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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
Dr. Gideon Boako THE ECONOMIC Policy Advisor and Spokesperson to the Vice President, Dr. Gideon Boako, has unseated the Sanitation and Water Resources Minister, Dr. Freda Akosua Prempeh in Read More... The post Gideon Boako Unseats Freda Prempeh appeared first on
Mr. Kwasi Kwaning-Bosompem, the Controller and Accountant General, on Monday, January 29, opted to avoid facing the Public Accounts Committee (PAC) following his recent defeat in the parliamentary primary. Scheduled to appear before the Committee on Monday to address pertinent questions, Mr. Kwaning-Bosompem was notably absent when proceedings started. Deputy Finance Minister, Abena Osei Asare, […] The post Controller
The usual tension and misunderstanding that characterise political activities were at play during the New Patriotic Party (NPP) parliamentary primary held on Saturday, in the New Juaben North constituency of the Eastern Region. Tension was high in the lead-up to the primary, following the determination of all the five (5) candidates aspiring to win the […] The post NPP primaries: Drama, Superstition
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