The Bank of Ghana (BoG) has lowered its monetary policy rate by one per cent. In effect, the rate that commercial banks use as a reference for lending has been reduced from 30 to 29 per cent after six months. The rate has remained at 30 per cent since July 2023 to keep inflation under […] The post BoG reduces policy rate to 29% appeared first on Citinewsroom
The controversy over South Korean First Lady Kim Keon Hee allegedly accepting a luxury bag gift has thrown its ruling People Power Party (PPP) into disarray. Spy camera footage released late last year appeared to show a pastor presenting a Dior bag to her. Some analysts say the scandal threatens the prospects of President Yoon […] The post South Korea: First Lady’s
The Bank of Ghana has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with the International Monetary Fund (IMF) The cash meant for budget support and stabilization of the local currency, was officially credited to the Central Bank’s account today, Tuesday, January 23, 2023. This means, Ghana has received a […] The post IMF
Kidney patients undergoing treatment at the Korle Bu Teaching Hospital are urgently appealing to both governmental and non-governmental institutions for assistance in acquiring additional dialysis machines and consumables for the facility. The outpatient department of the renal unit was forced to close down in May 2023 due to financial constraints, resulting in the tragic death […] The post Korle
The Graduate Students Association of Ghana (GRASAG) has raised concerns over the non-payment of research support grants, commonly known as bursaries, for graduate students. These grants play a pivotal role in supporting graduate students in their research endeavours, contributing significantly to the advancement of knowledge and overall academic development. However, over the past two years, […] The post GRASAG
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Kofi Dzamesi (M), with some board members, directors and stakeholders Bui Power Authority (BPA) has recorded a 97% profit after tax of $79,218,134 in 2022 marking an increase from Read More... The post Bui Power Records 97% After Tax appeared first on DailyGuide
President Nana Addo Dankwa Akufo-Addo wants the Bank of Ghana (BoG) to ignore what he calls mischief and misguided comments aimed at shifting focus from its core mandate. He explained that the Ghanaian economy is gradually recovering through the help of the Bank of Ghana. The Central Bank has come under fire, especially from the […] The post Ignore
Famlife: Saturday, 16th December, 2023 The post Famlife: Saturday, 16th December, 2023 appeared first on Citinewsroom - Comprehensive News in Ghana.
A former Facebook diversity and inclusion tsar has pleaded guilty to stealing more than $4m (£3.1m) from the tech giant to fund her lavish lifestyle. Barbara Furlow-Smiles, a global diversity executive at Facebook between 2017 and 2021, syphoned off cash through an “elaborate scheme” involving fake suppliers and cash kickbacks, US prosecutors said. The Atlanta […] The post Former
Shirley Tony Kum donating the equipment to managers of the Surgical Department Vivo Energy Ghana, marketer and distributor of Shell-branded products and services has donated four surgical smoke evacuator Read More... The post Vivo Energy Donates To Korle-Bu appeared first on
The Development Bank Ghana (DBG) has demonstrated its commitment to the fight against breast cancer by generously donating GH¢200,000 to the Breast Cancer Units at both Korle Bu Teaching Hospital and the 37 Military Hospital. This commendable initiative, spearheaded by the dedicated staff at DBG, aligns with the ongoing efforts to make a substantial impact […] The post DBG
The Bui Dam The Bui Power Authority (BPA) has made significant strides in power generation using its Hydro-Solar Hybrid (HSH) plant feat which has triggered a sustainable progression of Read More... The post BPA Revolutionises Energy Landscape appeared first on
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