Togolese lawmakers adopted a new constitution on Monday, March 25, 2024, moving the country from a presidential to a parliamentary system and giving parliament the power to elect the president of the small West African country. The president will be chosen “without debate” by lawmakers “for a single six-year term”, and not by the public, […] The post Togo
The prestigious Ghana Institution of Engineering (GhIE) celebrated a momentous occasion during its 54th Annual Excellence Award ceremony held at the Labadi Beach Hotel in Acca, on March 22, 2024. The highlight of the evening was the conferment of the Esteemed Class of Fellows on exceptional engineers, five of whom are engineers from both AngloGold […] The post GhIE honours five
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the security agencies to play their role in the fight against cross-border illegal transfers. He says that there is nothing the central bank can do about it if the security agencies do not help. Dr Addison indicated that although the Bank hears rumors […] The post If the
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
Ghanaian songstress Jackline Acheampong popularly known as Gyakie has shared a nostalgic photo from her primary school days at Mizpah International School on Instagram. The picture was taken when she was in Class 3 at Mizpah. In her Instagram Story, Gyakie reminisced about the day the photo was taken, recalling her excitement at receiving an […] The post Gyakie shares
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the state security agencies to assist the bank in dealing with reports of cross-border illegal transfers. He says that although the Bank hears rumors of these illegal transfers, it is not taking the matter lightly. Dr Addison said these while answering a question […] The post Bank of Ghana prepared
The management of Ebenage Herbal Production and Consult Limited, producers of Hepa Plus mixture has appointed Felicia Quenin as the new Chief Executive Officer of the company. Felicia Quenin, a holder of MBA in Strategic Management and Consulting from KNUST takes over from Dr. Ebenezer Agyemang who had held the position since the inception of […] The post Hepa
Hearts of Oak have reinstated Vincent Sowah Odotei and Dr. Nyaho Nyaho Tamakloe as board members. This follows the earlier dissolution of the board as part of a new direction under the direction of Executive Board Chairman Togbe Afede XIV. The decision to dissolve the board, including the departure of prominent figures like Frank Nelson […] The post Odotei, Nyaho-Tamakloe reappointed
By Juliet Aguiar DUGBARTEY Dr. Steven Blessing Ackah, Executive Director of Ghana Gold Expo, has called for the establishment of exploration fund in Africa, particularly Ghana, to serve as a financial catalyst, enabling local individuals and entities to actively participate in exploration activities. He said the Exploration Fund should be accompanied by a strong commitment […] The post
The Board of the Ghana Revenue Authority has been dissolved. President Akufo-Addo is expected to announce a new Board by the close of the day. Though no reason was given for the dissolution of the Dr. Anthony Oteng-Gyasi-led Board, reports say there have been some disagreements lately. The move by the President comes days after […] The post Ghana Revenue Authority Board dissolved
Ghanaian entertainment pundit, Emmanuel Barnes, also referred to as Mr. Logic, has stated that he spends GH¢8,000 a day on average. The post I spend at least GH¢8k everyday – Mr. Logic first appeared on 3News.
The Public Utilities Regulatory Commission (PURC) has announced that the Electricity Company of Ghana (ECG) is on course in respect of compliance with the 5 requirements under the Cash Waterfall Mechanism procedure. This is contained in a statement dated March 26, 2024, issued by the Commission and signed by its Executive Secretary, Dr Ishmael Ackah. […] The post PURC
President Akufo-Addo has appointed Madam Julie Essiam as the new Commissioner-General of the Ghana Revenue Authority. She replaces Rev. Dr. Ammishaddai Owusu-Amoah. Until her appointment, Madam Julie Essiam was the Commissioner responsible for the Support Services Division of the GRA. Her appointment comes hours after President Akufo-Addo dissolved the Board of the GRA. Though no reason was given […] The post Julie
Unilever Ghana PLC has appointed Mr. Chris Wulff-Caesar as its new Managing Director with effect from the 1st of April 2024. Mr. Wulff-Caesar is an accomplished International Business Executive with 24 years of FMCG experience gained across various countries, and is returning to Unilever Ghana PLC, where he began his career as a management trainee […] The post Chris
Coalition of Stakeholders in Electricity Contracts and Arrangements (COSECA), has accused President Akufo-Addo of contributing to the challenges and dysfunction of the power sector. In a statement dated March 26 and signed by its executive secretary, Nana Yaa Akyempim Jantuah, the coalition criticised the president for not adhering to the “laid-down structures” governing the sector. […] The post ‘Akufo-Addo
The Bank of Ghana (BoG) has received a US$300 million facility from the World Bank as budgetary support. According to a report by Citi News, the BoG’s account was officially credited on Wednesday, March 27, 2024. The release today is the first of three $300 million World Bank operations for disaster response and resilience in […] The post $300m World Bank budgetary support hits
Millions of Americans’ online accounts have been caught up in a “sinister” Chinese hacking plot that targeted US officials, the justice department and FBI said on Monday. Seven Chinese nationals have been charged with enacting a widespread cyber-attack campaign. They are accused of ties to a hacking operation that ran for 14 years. The US […] The post Millions
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
An explosion at a small hotel near a police station in north-eastern Kenya killed four people on Monday (Mar. 25). The blast took place in the town of Mandera, which is on the border with Somalia. The town’s police chief Samwel Mutunga said that two of those wounded were in critical condition and would be […] The post Kenya: Four people killed in blast near police
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
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