By Kestér Kenn KLOMEGÂH Russia has now started calling for combined strategic partnership and international efforts to drastically address the complexities of rising insecurity and adopting a multilateral military force for countering terrorism in Africa, particularly in Burkina Faso, Mali and Niger. An official statement from the Russian Foreign Ministry called for finding common solutions […] The post
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
The post Alleged Nungua Child Marriage: “We will deal with the Police…” – Rev. D.N. Gyasi Ankra appeared first on Citinewsroom - Comprehensive News in Ghana.
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
In a concerning case that has stirred public outrage, a 12-year-old girl allegedly married to a 63-year-old Ga priest has been located by the Ghana Police Service in Nungua, and placed under police protection. Nuumo Borketey Laweh XXXIII, the Gborbu Wulomo, faced backlash when a video of him marrying the 12-year-old girl, Naa Okromo, appeared […] The post 12-year-old
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
Swashbuckling. This is the adjective that best encapsulates the life of Joseph Paul Amoah, the former national record holder in the 200m sprint. At 27 years old, his very presence exudes a sense of divine grace. With an athletic build, towering stature, and captivating charisma, he effortlessly commands attention, leaving a lasting impression on all […] The post Joseph
The Minister of Finance Dr Mohammed Amin Adam has said that a Preliminary assessment undertaken by the Ministry and the central bank shows that they are on course to meet most of the targets under the Programme with the International Monetary Fund (IMF). He said that the Finance Ministry is working with the Bank of […] The post 2nd review: We’re on course
The Minister of Finance Dr Mohammed Amin Adam has said that the Finance Ministry is working with the Bank of Ghana (BoG) as part of preparations ahead of the second review of the programme with the International Monetary Fund (IMF). He said that the Preliminary assessment undertaken by the Ministry and the central bank shows […] The post Finance Ministry working with
The Police personnel have died dead in an accident that occurred at Kyekyewere a suburb of Ayensuano in the Eastern Region. The victims who were in a branded Formed Police Unit (FPU) vehicle are said to be among a Police convoy deployed on Wednesday to the Kwahu enclave for the four days National Paragliding Festival […] The post 3 Police officers dead in accident at Kyekyewere first appeared on
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
Dr. Ernest Addison In a recent announcement, the Bank of Ghana (BoG) has decided to maintain its Monetary Policy Rate (MPR) at 29%. This move comes in response to a Read More... The post BoG Maintains Monetary Policy Rate At 29% appeared first on DailyGuide
The post Anti-Gay Bill: Let’s not disrespect our culture and religion – Kabutey Ocansey appeared first on Citinewsroom - Comprehensive News in Ghana.
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
Former spokesperson for the New Force Movement, Shalimar Abbiusi, has filed a lawsuit against the Republic of Ghana, seeking one million dollars in compensation for what she claims are abuses of her human rights. The suit, which was filed on January 23, 2024, at the International ECOWAS Court, raises issues about how state officials treat […] The post New Force
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29 per cent. This comes as the International Monetary Fund (IMF) warned Central Banks to be careful when cutting interest rates as looser monetary policy could push inflation up further. This is the first time the BOG is maintaining the rate in […] The post BoG maintains policy rate at 29% appeared first on
More than 130 schoolchildren kidnapped by gunmen in Kuriga, northwestern Nigeria, earlier this month were released unharmed on Sunday, officials and the army said. The mass kidnapping in Kuriga, Kaduna State, on March 7 was one of the biggest attacks on a school since 2021 and sparked a national outcry over insecurity. Government spokesman Abdulaziz […] The post Kuriga kidnap: More than
In a bid to eliminate child labour in Ghana, the government and several multinational organizations have initiated a two-year project aligned with the 8.7 Sustainable Development Goals (SDGs). The project, which is the second phase of an ongoing initiative, aims to eradicate the worst forms of child labour by 2025. It will focus on supply […] The post ILO,
Ghana’s policy rate is one of the highest globally and can not be justified, therefore the Bank of Ghana (BoG) has a duty to slash it drastically by at least 200 basis points, an economist and Director of Research at the Institue of Economic Affairs (IEA), Dr John Kwakye, has said. In his view, reducing […] The post Ghana’s policy rate is one of the highest
The United States Agency for International Development’s (USAID) West Africa Biodiversity and Low Emissions Development (WABiLED) program today Friday March 22 concluded a comprehensive three-day training workshop aimed at engaging private transport and finance sector stakeholders in combating wildlife crime. The training workshop brought together over 40 participants including representatives from key financial institutions and […] The post USAID
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