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.
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
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
Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024. This concern has been prompted by revelations made by Benjamin Kpodo, the Member of […] The post Parliament
Economist and senior lecturer at the University of Ghana, Dr. Adu Owusu Sarkodie, has stated that a consistent decline in inflation has resulted in drastic price reductions as the economy continues a steady rebound. Speaking on TV3’s Ghana Tonight programme on Monday, March 18, Dr. Adu Sarkodie pointed out that there have been improvements in […] The post Reduction
Y3n Ns3mpa oooo, Y3n Ns3mpa! The chant echoes through the airwaves as Onua FM 95.1 celebrates the one-month milestone of its dynamic morning show, Y3n Ns3mpa. For those who missed out on the live sessions, here’s a glimpse into the vibrant world of community-focused discussions and lively interactions that have defined the show’s success in […] The post Celebrating
Parliament is seeking to drag the Minister for Communications and Dgtialisation, Ursula Owusu-Ekuful onto the floor of parliament to brief the house on the national telephony and data outage affecting mobile phone users across the country. MP for North Tongu, Samuel Okudzeto Ablakwa made the application for the sector Minister to be summoned. “This will […] The post Ablakwa
Members of Parliament are demanding the summoning of the Minister for Communications and Digitalization, Ursula Owusu-Ekuful to brief the House on Monday, March 18, 2024, on the disruption in mobile network services across the country. The National Communications Authority (NCA) alerted the public on Thursday March 14, 2024, about multiple undersea cable disruptions that had […] The post MPs
Belpak, a sponsor of the 2024 Heritage Caravan, has expressed satisfaction with its experience and pledged to participate in the next edition. The recently concluded eight-day adventure, organized by Citi FM/Citi TV, saw over 200 participants travelling across 14 Ghanaian regions. During a panel discussion on the Citi Breakfast Show, Sheila Kattah, the Marketing and […] The post 2024
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
The Otumfuo Foundation, in partnership with Newmont Gold and Coral Reef hub, has commissioned an AI Laboratory for St Peters’ Prim/JHS at Wioso, in the Ahafo Ano South West District of the Ashanti region. The Smart Lab is expected to serve as the springboard for the youth to dive into the ever-changing world of technology, […] The post Otumfuo Foundation commissions Smart AI Laboratory
Samuel Owusu Renowned Ghanaian highlife musician and songwriter, Samuel Owusu, has cautioned young people who wish to pursue music as a career to find a side occupation to supplement Read More... The post Samuel Owusu Cautions Young Musicians appeared first on
Joseph Osei-Owusu, the Chairman of the Appointments Committee of Parliament, has suggested to Andrew Egyapa Mercer, the Minister Designate for the Ministry of Tourism, Arts, and Culture, to promote investments in “funeral tourism” if confirmed. He noted that funerals represent a profitable business opportunity that many often overlook. During his vetting in Accra on Tuesday, […] The post Encourage
The First Deputy Speaker of Parliament and Member of Parliament for Bekwai, Joseph Osei-Owusu, otherwise known as ‘Joewise,’ has underscored the need for the Majority caucus to address potential implications in the aftermath of the resignation of the outgoing Majority Leader, Osei Kyei-Mensah-Bonsu. In an interview with journalists in Parliament on Thursday, February 22, the […] The post We’ll
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