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
Presidential Aspirant, Nana Kwame Bediako has detailed his vision for Ghana’s entertainment industry. The post We need an industrial platform to boost our entertainment sector – Nana Kwame Bediako first appeared on 3News.
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
Ghanaian Blogger, Bongo Ideas has revealed the ordeal he experienced when he was arrested by some men who masqueraded as police officers. The post ‘They pointed a gun to my head and asked me to say my last prayers’ – Bongo Ideas speaks on his arrest first appeared on 3News.
President hopeful, Nana Kwame Bediako popularly known as Freedom Jacob Caesar, has said that he intends to embark on an industrial revolution if he becomes president after this year’s elections. He says that the industrial revolution will create job opportunities for the teeming youth of the country. Speaking in an exclusive interview on TV3 on […] The post We
Founder of the New Force Movement, Nana Kwame Bediako famously known as Cheddar has said he is excited about reactions to a comment he made about dredging a sea at Kumasi. The post I am happy about reactions on my comment on dredging sea in Kumasi – Nana Kwame Bediako first appeared on 3News.
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
The Paramount Chief of Goaso Traditional Area in the Ahafo region, Nana Akwasi Bosompra I, has urged Businessman and politician Nana Kwame Bediako popularly known as Freedom Jacob Caesar, to continue his quest of becoming President of Ghana. Nana Akwasi Bosompra I expressed confidence in him although he admitted that the task ahead of Mr Bediako in the general elections […] The post The
Businessman and politician Nana Kwame Bediako popularly known as Freedom Jacob Caesar, has assured the Paramount Chief of Goaso Traditional Area in the Ahafo region, Nana Akwasi Bosompra I, of more factories in the area if he becomes president of Ghana. Mr Bediako said this when he paid a courtesy call on him as part […] The post You’ll have factories under
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, concluded her visit to Ghana on Monday, 18th March, 2024, following two days of productive engagements. Dr. Ernest Addison, Governor of the Bank of Ghana, bid farewell to the IMF MD, alongside the First and Second Deputy Governors of the bank and the IMF […] The post IMF MD departs
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
Prof Kyei (middle) with Dr. Emmanuel K. Ireland, Chairman of the Community Practice Pharmacists Association (right), and Ebenezer Bediako, a director, ECL (left) with the new product Ghana’s leading Read More... The post Ernest Chemists Launches Prostenal For Men
Jubilee House has sternly warned Parliament to desist from transmitting the recently passed Human Sexual Rights and Family Values Bill to the Presidency. According to the Government House, it is aware of two pending orders for interlocutory injunction, restraining Parliament from transmitting the bill to the President, asking him to sign. The Executive Secretary to […] The post Jubilee
Former President John Dramani Mahama has described the letter that the Secretary to President Nana Bediatuo Asante wrote to Parliament on the anti-gay bill as disrespectful to the House. Mr Mahama said the Executive arm of government has no authority to stop Parliament from carrying out its work by remitting the bill to the president […] The post Anti-gay bill: Mahama
The Ministry of National Security has strongly denied arresting controversial social media commentator Albert Nat Hyde, popularly known as Bongo Ideas. Reports purportedly suggested that Bongo Ideas was arrested on Thursday, March 14, 2024, in his house in Accra by the police and operatives of the National Security. But the Ministry of National Security in […] The post National
Reverend Father Ernest Obeng of Saint Paul’s Anglican Parish of Akuapem–Mampong, in the Akuapem North municipality of Estern region has attributed low esteem, lack of confidence and lack of sense of responsibility among many children in Ghana to violence. According to the Akuapem-Mampong Parish Priest, who doubles as the Chief Executive Officer (CEO) for Addo […] The post ‘Violence is a
Reverend Stephen Yaw Osei, Chief Director of the Ministry of Works and Housing says Consultants for the Saglemi Housing Project, Architectural & Engineering Services Limited (AESL) did not perform their duty to ensure that the country had value for money. Per his account before Justice Dr Ernest Owusu, a Court of Appeal judge, with an […] The post Saglemi project Consultant did not
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