The Ghana Police Service has arrested a suspect in connection to the shooting of a military officer in Kasoa, Central Region. The incident occurred on Tuesday, April 30, 2024, Read More... The post One Busted Over Killing of Soldier At Kasoa appeared first on
The Independent candidate in the Ejisu by-election, Kwabene Owusu Aduomi has threatened a blood bath if any group of people attempts to undermine the integrity of the election through violence. Addressing a mini rally at Ejisu Zongo lorry station on Sunday, Mr. Aduomi questioned the idea behind the importing alleged vigilante groups affiliated to the […] The post Ejisu
The GaDangme Council strongly condemns the use of live ammunition by the Navy during the traditional festival and calls for a thorough investigation into the incident. According to the Read More... The post GaDangme
The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex market, with the loss in value nearing 10% for the first four months of 2024. Since the beginning of the year, the cedi has experienced marginal depreciation marking a year-to-date depreciation of approximately 9.37%. However, this marks […] The post Cedi-dollar
Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has criticized the Akufo-Addo government for its dependence on funds from the International Monetary Fund (IMF), World Bank, and other donor agencies to strengthen the local currency. He labelled the government’s heavy reliance on foreign aid, including Eurobonds and cocoa syndicated […] The post Ghana’s
Complete Farmer, a pioneering force in agricultural technology and marketplace solutions, is set toannounce the grand opening of its Trade Center located in Tagadzi near Juapong, Volta Region, Ghana on Thursday April 4,2024. According to the team, this momentous occasion marks a significant step forward in revolutionizing Africa’s agricultural landscape and fostering economic growth in the […] The post Complete
Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
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
The Minister of Finance, Dr. Mohammed Amin Adam, has said the Cedi has been largely stabilised since early 2023 against the major trading currencies. According to him, the cedi cumulatively Read More... The post Cedi Largely Stabilised Since 2023 appeared first on
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
The foreign exchange market though came under some seasonal pressures in February and early March this year, the local currency continues to recover its value. According to the Bank Read More... The post Cedi Continues To Recover Value appeared first on DailyGuide
The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […] The post $3bn
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
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
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
“Port-au-Prince is in panic mode,” a friend in the Haitian capital texted me. Residents of Petionville, a wealthier area of of the city, are shaken after their most violent day so far in the country’s spiralling security crisis. More than a dozen bullet-ridden bodies lay in the street – the victims of the latest gang […] The post Haiti
Afro-Dancehall superstar Stonebwoy stunned the crowd at Washington DC’s Rolling Cocoa Festival with a noteworthy performance on Saturday night, at The Anthem. At the weekend, the acclaimed afrobeat, dancehall and reggae singer and songwriter delivered an epic performance of songs, mix of medleys and classics, backed by a band, at his headlining set for the […] The post Stonebwoy
The Electoral Commission (EC) has declared that the filing fees for the 2024 Presidential and Parliamentary Elections will not be different from those charged during the 2020 polls. The EC has set the filing fee for presidential candidates at GH¢100,000 while maintaining the filing fee for parliamentary candidates at GH¢10,000. During the 2020 polls, the […] The post 2024
Two people have been reported dead after allegedly being hit by stray bullets fired by the police during a confrontation to disperse a ruthless crowd in the Kwahu South Municipality of the Eastern Region. According to sources, the incident occurred at the chief’s palace where the police had gone to rescue an alleged suspect accused […] The post Two killed during confrontation
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
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