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
Kwahu Praso Rural Bank Limited has been ranked the Best Rural Bank and placed 40th at the 20th Ghana Club 100 Awards for the year, 2023. The award was received on behalf of the bank by the Human Resource Manager, Mr. Bright Mensah Amankwah, who later on presented it to the CEO of the bank, […] The post Kwahu Praso Rural Bank ranked best appeared first on
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.
Dr. Kwaku Ofosu-Asare, the Executive Chairman of the Local Organising Committee for the 13th African Games, has called on all Ghanaians to prioritize the proper maintenance of the facilities utilized for the event. He emphasized that the upkeep of these facilities is crucial as it would contribute to the enhancement of various sporting disciplines across […] The post Accra
Esteemed compatriots, gather round the communal fire, for your nephew, Agya Kwaku Ogboro, shall weave a tale as intricate as the kente cloth that adorns our noble shoulders. Behold! The Read More... The post Agya Kwaku Ogboro’s Lofty
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
A prominent and leading member of the New Patriotic Party (NPP) in the Ashanti Region, Chairman Odeneho Kwaku Appiah has raised concerns over the party’s unity and strategy for the upcoming 2024 elections as the race for a running mate continues to threaten efforts. With the selection of Dr Mahammudu Bawumia as the party’s flagbearer […] The post Race
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
Head of Sports at Despite Media, Dan Kweku Yeboah, has stated that Otto Addo has always been a favourite of the Ghana Football Association (GFA) and that he is not surprised he has been reappointed to lead the Black Stars. Otto Addo was rehired by the Executive Council of the Ghana Football Association on Friday, […] The post Otto Addo’s return not surprising –
Kwaku Kwarteng, the Chairman of the Finance Committee of Parliament, has disagreed with government machinery that Ghana’s economic woes are largely to blame on global events such as the COVID-19 pandemic and the Russia-Ukraine war. The Obuasi West MP said reckless public spending and economic mismanagement of past and present governments are also major contributing […] The post Reckless
Kwaku Kwarteng, Chairman of the Finance Committee of Parliament and MP for Obuasi West has attributed Ghana’s current economic crisis to decades of reckless public expenditure and mismanagement by successive governments. In an interview with Accra-based JoyNews, the Obuasi West legislator noted that COVID-19 and Russia’s invasion of Ukraine are not solely responsible for the […] The post Kwaku
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
Parliament has summoned the Minister for Transport, Kwaku Ofori Asiamah, to appear before the House on Tuesday, March 19, 2024, over unlawful charges by the Ghana Airports Company Limited. This follows concerns raised by the Minority Caucus over the introduction of a $20 maintenance charge on all round trips by the Ghana Airports Company Limited […] The post Parliament
Martin Adjei-Mensah Korsah, the Minister-Designate for the Ministry of Local Government, Decentralisation, and Rural Development, has expressed confidence that nine months is sufficient to make a significant impact. During his vetting by the Appointment Committee of Parliament in Accra on Tuesday, he was asked about the potential impacts he could make given the limited time […] The post 9
The Chief Executive Officer [CEO] of entertainment company Hustle Hard, Mr Kweku Bawuah Bonsafo popularly known as Bouticrow is ready to shake up the Ghanaian entertainment industry with a significant investment of over $10 million. Bonsafo, a US-based entrepreneur with years of experience in the music industry, aims to provide “end-to-end solutions” and elevate Ghana’s […] The post I’m
The Chief Executive Officer [CEO] of entertainment company Hustle Hard, Mr Kweku Bawuah Bonsafo popularly known as Bouticrow is ready to shake up the Ghanaian entertainment industry with a significant investment of over $10 million. Bonsafo, a US-based entrepreneur with years of experience in the music industry, aims to provide “end-to-end solutions” and elevate Ghana’s […] The post I’m
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS