Kwahu Praso Rural Bank Limited has been ranked the Best Rural Bank and placed 40th at the 20th Ghana Club 100 Awards for the year, 2023. The award was received on behalf of the bank by the Human Resource Manager, Mr. Bright Mensah Amankwah, who later on presented it to the CEO of the bank, […] The post Kwahu Praso Rural Bank ranked best appeared first on
Dr Ernest Addison, BoG Governor Ghana earned $2.8 billion from its major exports in the first two months of this year. A recent assessment of the country’s external sector Read More... The post Exports Rake In $2.8bn appeared first on DailyGuide
Banks’ performance has rebounded after the Domestic Debt Exchange Programme (DDEP), Governor of the Bank of Ghana, (BoG), Dr Ernest Addison has said. He indicated that the banks that were severely hit by the DDEP are relying on the Bank of Ghana-approved capital restoration policy. Dr Addison said these at the 117th Monetary Policy Committee […] The post Banks’ performances
The Chamber of Petroleum Consumers (COPEC) has expressed concerns about the recent increase in the number of the reconstituted Tema Oil Refinery Board. President Akufo-Addo, in a letter dated March 18 and under the hand of Nana Bediatuo Asante, Secretary to the president, announced the reconstitution of the board of the Tema Oil Refinery (TOR) […] The post Increased
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
Founder and CEO of IMANI Africa Franklin Cudjoe has expressed concerns about the recent rift between President Nana Addo Dankwa Akufo-Addo and the Speaker of Parliament Alban Bagbin over the anti-gay bill. The President in a recent letter to Parliament requested them to desist from transmitting the anti-LGBTQ+ bill for his assent, citing court issues. […] The post Impasse
The Ghana Catholic Bishops’ Conference has called on President Nana Addo Dankwa Akufo-Addo and the Speaker of Parliament Alban Bagbin to collaborate in ensuring the implementation of the people’s will, amidst a current impasse over the anti-LGBTQ+ bill. There is currently a stalemate between the Executive and Legislative arms of government over the anti-LGBTQ+ bill. […] The post Anti-gay
The letter that was written to the clerk of Parliament by Secretary to the President, Nana Bediatuo Asante asking the House not to remit the anti-gay bill to the office of the president was a proactive action taken under the law, a presidential staffer Dennis Miracles Aboagye, has said. Parliament unanimously passed the Human Sexual […] The post Anti-gay
A Presidential Staffer Mr Dennis Miracles Aboagye has said that several people he has spoken to on the anti-gay bill have not read the entire document. He says even several Members of Parliament (MPs) have not seen the final draft bill. “80 percent of people I talked to haven’t read the bill… Some MPs may […] The post Many MPs haven’t even seen the final
Private legal practitioner Martin Kpebu has said that people should be excited over the stalemate between the Speaker of Parliament or the legislature and the President or the executive, over the anti-gay bill. In the view of Mr Kpebu, the country is currently being governed by a president who hardly listens to the populace therefore […] The post Stalemate between Bagbin and Akufo-Addo
A Presidential Staffer Mr Dennis Miracles Aboagye has said that several people he has spoken to on the anti-gay bill have not read the entire document. He says several Members of Parliament (MPs) have not even seen the final draft bill. “80 percent of people I talked to haven’t read the bill… Some MPs may […] The post Many MPs haven’t even seen the final
The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, […] The post BoG
The Executive Director of the Ghana Centre for Democratic Governance (CDD), Professor H Kwasi Prempeh, has criticized the Catholic Bishop Conference and the other clergy for their position on the anti-gay bill. He dared them to explain where or how the Constitution of Ghana permits or confers on the State the power to prescribe a […] The post H
The Ghana Catholic Bishop Conference must explain how criminalizing people who are gay is biblical, the Executive Director of the Ghana Centre for Democratic Development (CDD), Professor H Kwasi Prempah, has said. He also asked the bishops to explain where exactly in the Bible Christians commanded to turn over gay people to law enforcement agencies […] The post Where
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 Bank of Ghana (BoG) has a duty to slash its Policy Rate (PR) 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 rate drastically will trigger a decline in the ‘artificially high’ lending […] The post Cut policy rate drastically – Economist tells Bank
Opoku-Ahweneeh Danquah In a bold departure from traditional norms, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), is redefining leadership within the public Read More... The post Ghana’s Oil &
Dr. Patrick Kuma-Aboagye Director General of the Ghana Health Service (GHS), Dr. Patrick Kuma-Aboagye, has indicated that the current rate of attrition of health workers is unprecedented in the Read More... The post GHS Worried Over High Health Workers Attrition
A Private legal practitioner and a member of the Convention Peoples Party (CPP), Kwame Jantuah has said that Ghana will not suffer any penalty from the international communities whose businesses are operating in the country due to the anti-gay bill. He says the foreign companies are able to maximize their profits in Ghana and hence […] The post Anti-lgbtqi
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