The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
Before Alhaji Collins Dauda and Dr. Kwaku Agyeman-Mensah were respectively appointed as Minister for Works and Housing, an amount of US$80 million had already been invested into the Saglemi housing project. Mr Godwin Edudzi Tamakloe, Counsel for Agyeman-Mansah, told an Accra High Court, presided over by Justice Ernest Owusu-Dapaa, on Tuesday. He said the amount […] The post Collins,
James Maddison is back in training with Tottenham after two-and-a-half months out injured. The midfielder picked up an ankle issue during Spurs’ 4-1 loss to Chelsea on November 6, and was substituted at half time with manager Ange Postecoglou revealing the news after the match. There were concerns Maddison was facing a lengthy injury lay-off, but he seems set to return to action around three […] The post Maddison
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
The Delta State chapter of the All Progressives Congress, APC, has accepted the judgement of the Supreme Court, which upheld the return of Francis Sheriff Oborevwori by the Independent National Electoral Commission (INEC) as the governor of Delta State in the March 18, 2023 governorship election. This was contained in a statement signed by the […] The post Delta APC accepts Supreme
The Minority Chief Whip and Member of Parliament for Adaklu, Governs Kwame Agbodza, has justified his warning to people contemplating rigging the December elections in the Volta Region. He advised individuals nursing plans to rig the 2024 polls in the Volta Region to write their will before attempting to execute such a sinister move. Agbodza, […] The post Write
Two Russian missiles have struck a hotel in Ukraine’s second-largest city, Kharkiv, injuring 11 people, the Kharkiv governor says. Photos from Ukraine’s State Emergency Service showed the hotel heavily damaged and firefighters at the scene. Governor Oleh Synehubov said the injured included Turkish journalists. Two S-300 missiles struck at about 22:30 (20:30 GMT), he said. […] The post Russian
Arsenal star, Thomas Partey will not be at the 2023 Africa Cup of Nations together with other key personalities. In the official squad announced on Monday, January 1, 2024, Thomas Partey, Abdul Fatawu Issahaku and Abdul Baba Rahman are the key players who have not been named in the team for the Africa Cup of […] The post 2023 AFCON: Chris Hughton names 27-man squad
The Ghana Navy and the Narcotics Control Commission (NACOC), in collaboration with the Ghana Police, have arrested six persons over alleged narcotics. The operation conducted by the Ada Foah Detachment of the Ghana Navy Riverine Command, along with the Ghana Police also led to the seizure of 81 sacks of suspected marijuana. The team discovered […] The post Six
In an unexpected turn of events, the late Manasseh Addison Sackey, a 34-year-old headteacher and incumbent assemblyman, has emerged victorious in the Teberebie electoral area election in Tarkwa, Western Region. Despite the tragic incident of his drowning in a river connecting Aklika on Monday, December 4, Teacher Obour, as he was fondly known, has been […] The post Deceased
Dr. Ernest Addison The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that the Central Bank’s monetary policies with support from the Ministry of Finance have Read More... The post Economy Responding To BoG Policies – Addison appeared first
The Minority Chief Whip, Governs Agbodza, has warned of the possible abuse of cannabis following the maturity of the legislative instrument to regulate its cultivation and management by the government. The L.I. seeks to streamline the use of cannabis for medicinal and industrial purposes after the parent law was passed by Parliament. Reacting to the […] The post Cannabis
The inflation rate declined to 26.4% in November, a 19-month low, the Ghana Statistical Service has published.The Consumer Price Index (CPI) for November 2023 was 198.2 – relative to 156.8 for November 2022. The Ghana Statistical Service says food inflation was the major contributor to the decline in the rate of inflation. In November, food […] The post Inflation declines from 35% to 26% appeared first
Cassiel Ato Forson The Minority Caucus in Parliament has officially requested the presence of Dr. Ernest Addison, Governor of the Bank of Ghana (BoG), to receive their petition calling Read More... The post Minority Chases BoG Governor’s Removal appeared first on
The Member of Parliament (MP) for Adaklu, Mr Governs Kwame Agbodza, has called on the youth to embrace skills training at the various vocational and technical institutions to enable them to acquire employable skills. According to Mr Agbodza, the public sector does not have the capacity to employ all the youth and that it was […] The post Adaklu MP asks youth to establish own businesses appeared
The late Manasseh Addison Sackey Manasseh Addison Sackey, the Assembly Member for Tebrebe Electoral Area in the Tarkwa Nsuaem Municipality of the Western Region, has drowned while on a Read More... The post Assemblyman Drowns En Route To Campaign appeared first on
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