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
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.
As Parliament is yet to officially declare the Ejisu Constituency Parliamentary seat vacant to make way for a by-election following the demise of the Member of Parliament for the area, names of interested persons seeking to succeed the late John Ampontuah Kumah are emerging. Former President of the Ghana Football Association, Kwesi Nyantakyi, has emerged […] The post Ejisu
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 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
John Kumah’s family with President Akufo-Addo It was an emotional moment when the family of the late Deputy Minister of Finance and Member of Parliament (MP) for Ejisu Constituency, Read More... The post Nana Extols John Kumah’s Virtues appeared first on DailyGuide
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
The late John Kumah Let me be very blunt today. Those who are attributing the death of Hon. John Kumah to poisoning are simply fools and irresponsible. I am Read More... The post John Kumah’s Death: Absurd Prophesy
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
The family of late Ejisu MP and Deputy Finance Minister, John Kumah has officially informed the Speaker of Parliament, Alban Bagbin of his demise. The Family was received by the First Deputy Speaker, Hon. Joseph Osei-Owusu and the leadership of the House. This was during a courtesy call to Parliament on Tuesday, March 19. The […] The post John Kumah’s family officially
The family of John Kumah has slated the one-week observance of the passing of the Deputy Finance Minister on March 28, 2024. The family at a meeting with President Akufo-Addo at the Jubilee House said it would need the support of the state to give Mr. Kumah a befitting burial. The spokesperson for the family, […] The post John Kumah’s one-week observation slated for
The Ghana Journalists Association (GJA) has raised concerns about the unprofessional manner in which some media outlets have reported on the death of former Deputy Minister of Finance, Dr. John Kumah. The GJA expressed disappointment in the lack of sensitivity shown towards the bereaved family and urged media stations to exercise circumspection, decorum, and responsibility […] The post GJA
Dancehall artiste Shatta Wale has demanded the arrest of Prophet Nigel Gaisie for his prophecy about the late Deputy Finance Minister, John Kumah. The post Shatta Wale wants Nigel Gaisie arrested for John Kumah’s prophecy first appeared on 3News.
The Ghana Journalists Association (GJA) has said that it is deeply concerned about media reportage surrounding the death of the former Deputy Minister of Finance, Dr John Kumah. According to the GJA, some of the reports are unprofessional. A press release signed by the General Secretary of the Association, Mr Kofi Yeboah said, “Although the […] The post GJA urges
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
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