Deputy Minister for Foreign Affairs and Regional Integration, Kwaku Ampratwum-Sarpong, has asserted that Ghana’s international image has not been affected following the passage of the Anti-Gay Bill. Although the Human Sexual Rights and Family Values Bill was approved by Parliament in February, it still awaits presidential assent. In an interview with Citi News, Mr. Ampratwum-Sarpong […] The post Ghana’s
The Member of Parliament for Zebilla, Cletus Avoka has expressed deep concerns regarding the insecurity situation in the Kusaug traditional area, specifically in Bawku leading up to the December polls. Cletus Avoka voiced his distress over the prevailing circumstances and cast doubt on the prospects of a free and fair electoral process in the Kusaug […] The post 2024
The Bank of Ghana (BoG) has explained how money laundering is done and the consequences of engaging in such illegal acts. In its Financial Literacy document, the Central Bank explained that money laundering is the process whereby money obtained from unlawful activities such as drug trafficking and corruption is legitimized through complex transactions and processes […] The post Sudden
When a person provides his or her legitimately or illegitimately acquired funds or assets for terrorist activities or organizations the person will be financing terrorism, the Bank of Ghana (BoG) has said. The central bank said financing of terrorism is a crime and is punishable by law therefore people should be careful they do not […] The post Becareful you do not
The Minister of the Interior, Henry Quartey has charged the Ghana Immigration Service to increase their surveillance at the borders ahead of this year’s general elections. At a working visit to the Ghana Immigration Service, Mr Quartey highlighted the need for the Officers to perform their duties professionally and protect Ghana’s territorial borders before, during […] The post Election
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
Robert Nii Arday Clegg, the Senior Partner at Clegg & Prempeh, a law firm in Accra-Ghana, served as a panellist at Harvard University during the Spring Reunion 2024 of Harvard Law School. The event took place from 5-6 April 2024. The Class of 2014 Symposium was on the topic, “Pathways and Pivots: Reflections on the […] The post Nii Arday Clegg speaks at Harvard appeared first on
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
By Ebenezer Chike Adjei NJOKU ([email protected]) Indigenous financial services provider, CalBank is aiming to raise GH¢600 million in fresh capital through a renounceable rights issue. This capital injection will aid the lender’s recovery from the effects of the Domestic Debt Exchange Programme (DDEP) and fuel its future growth plans. The move will offer existing shareholders […] The post
The Electricity Company of Ghana (ECG) has reiterated that there are currently no power outages, commonly known as “dumsor,” taking place in the country. According to the ECG, there is no ongoing load-shedding, despite certain reports suggesting otherwise. Demands for a load-shedding timetable have not yielded any results as both the ECG and the Minister […] The post Dumsor:
The producer price of a bag of cocoa has jumped from GH¢1,308.99 to GH¢2,070 for the 2023/2024 crop year. This translates into an increase of 58.26 per cent (%) from GH¢20, 928.00 per metric ton to GH¢33, 120.00 per metric ton. According to the Ghana Cocoa Board (COCOBOD), the new price took effect from April […] The post Unprecedented cocoa price …. From GH¢1,308.99
The Ghana Sports Movement, in collaboration with the Calvary Baptist Church of the Ghana Baptist Convention in Accra, has organised a thanksgiving service for Team Ghana following their successful Read More... The post Calvary Baptist Church
Former Kotoko coach Charles Kwablah (CK) Akonnor, has urged fans of the club to remain hopeful in current coach Prosper Narteh Ogum amidst growing concerns over poor results. The Porcupine Warriors are currently facing a challenging period, having slipped to eighth place in the Ghana Premier League standings after losing four matches and drawing one […] The post Ogum will eventually make
Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei have admonished the government to cut its expenditure by 30 per cent to effectively combat inflationary pressures. The two in a report titled, ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ raised several concerns including the government’s approach of “relying […] The post Cut
In a significant move towards ensuring environmental sustainability and responsible resource management in Ghana’s energy sector, Tullow Ghana, Unit Operator of the Jubilee field, along with its partners – Ghana National Petroleum Corporation, Kosmos Energy, Kosmos Energy Ghana Investment, PetroSA, and GNPC Explorco – has officially signed an agreement to establish a Decommissioning Trust Fund […] The post
The deceased A 28 YEAR old farmer has been found dead on his farm, just 24 hours after being declared missing by his family. The dead man, who has only Read More... The post Man Killed On His Farm appeared first on DailyGuide Network.
In a time of turmoil for Asante Kotoko, former coach CK Akonnor has called upon the club’s loyal supporters to exercise patience with current manager Prosper Narteh Ogum, drawing comparisons to the journey of Mikel Arteta at Arsenal. The Porcupine Warriors find themselves grappling with a difficult phase, currently lying in eighth place in the […] The post Kotoko
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, has revealed that resigning from his position as Majority Leader was the best decision he ever made. The Suame MP stated that his primary motivation was to prevent disunity within the Majority front in Parliament. Speaking to journalists in Kumasi for the first time since his resignation in February, […] The post Resigning
The Bank of Ghana has urged the public to volunteer information on suspected cases of money laundering and unexplained wealth. This is to combat financial crimes, sanitize the industry and uphold the integrity of the country’s financial system. The Central Bank stressed collaborative efforts in identifying and addressing illicit financial activities that pose a threat […] The post Volunteer
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