The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
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
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
Star Assurance Group, the parent company of Star Assurance, StarLife Assurance, Star Microinsurance, Star Health Insurance and Pensol Capital Trust, has appointed Samuel Kweku Ocran as its Group Chief Executive Officer. He takes over the leadership role from Kofi Duffuor, the former Chief Executive Officer, who has served the Star Assurance Group and its subsidiaries […] The post Samuel
Satirist Kwaku Sintim Misa popularly known as KSM, has advised creatives against the use of drugs. Although he reveals that the biggest push for drug use among talents in the creative industry is the ability of the drugs to evoke wild creative ideas, he cautions that it is dangerous to rely on drugs for any […] The post KSM cautions showbiz people against drug use appeared first on The
The flagbearer of the opposition National Democratic Congress (NDC) John Dramani Mahama has reaffirmed his commitment to equitable regional development in his next government. Speaking to a crowd after the NDC’s 24-hour Kwahu Easter walk on Easter Sunday, March 31, 2024, the former President underscored the infrastructural initiatives undertaken during his tenure in the Eastern […] The post Mahama
The Chief Executive Officer of the Ghana Tourism Authority, Akwasi Agyemang, has urged contractors working on the Atibie Odweanoma road in the Eastern Region to expedite their work following this year’s Easter paragliding in Kwahu. The much-anticipated 2024 Easter Paragliding Festival has commenced in Kwahu Atibie, with hundreds of enthusiasts gathering at the Odweanoma paragliding […] The post Paragliding
The flagbearer of the New Patriotic Party, Dr. Mahamadu Bawumia says the aggressive campaign strategy of moving door to door and window to window to preach the achievement of his government to electorates is a sure possible way of breaking the 8. In a bid to win the hearts of voters in the upcoming December […] The post 2024 Polls: Bawumia tours Kwahu, pledges to break
Popular Ghanaian rapper Amerado has questioned the organizers of the Telecel Ghana Music Awards[TGMA] Charterhouse why they failed to nominate his popular song, “Kwaku Ananse”. The Telecel Ghana Music Awards announced its nominees for this year’s awards at a well-attended launch on March 28, 2024, at the Grand Arena of the Accra International Conference Centre[AICC] […] The post TGMA
The Minister-designate for Tourism, Arts, and Culture, Andrew Kofi Egyapa Mercer, has emphasized the positive impact of the Kwahu Paragliding Festival on the local economy during the official launch of the 2024 event at Atibie Odweanoma in the Eastern Region. Over 200 participants have registered for this year’s thrilling paragliding activities, which include the involvement […] The post Kwahu
The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post All
The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post African
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
Dan Kwaku Botwe, the Campaign Chairman for the New Patriotic Party (NPP) in the 2024 elections, has stated that the party’s flagbearer, Dr. Mahamadu Bawumia, is not facing any pressure to announce his running mate. Dr. Bawumia has faced criticism for the prolonged delay in announcing his running mate, despite requesting additional time from the […] The post Bawumia
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
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
Odeneho Kwaku Appiah Former Afigya-Kwabre South Constituency Chairman of the New Patriotic Party (NPP) in the Ashanti Region, Odeneho Kwaku Appiah, has urged the party’s flagbearer, Dr. Mahamudu Bawumia, Read More... The post Select Running Mate To Avoid Division –
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
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