The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […] The post Ghana’s
The Bank of Ghana (BoG) has revealed that it has reduced the scale of certain facilities in its controversial new head office, currently under construction. The BoG faced significant criticism over the construction of the new headquarters, with the Minority in Parliament demanding the removal or resignation of Governor Dr. Ernest Addison. Speaking before the […] The post Facilities
The Local Organizing Committee (LOC) for the African Games has decided to compensate volunteers for the just-ended African Games held in Accra with an allowance of GHS1,000.00. This follows protests by the volunteers over unpaid stipends allegedly promised to them by the organizers. Some of the volunteers reportedly have to hold the Minister for Youth […] The post African
The Ghana Armwrestling Federation today paid a courtesy call to the Comptroller-General of Immigration (CGI), Lawyer Kwame Asuah Takyi. The post Armwrestling medalists visit Comptroller General of Immigration first appeared on 3News.
Reece James Chelsea have no plans to allow Reece James to leave this summer despite mounting pressure on the club’s ability to comply with Premier League and UEFA financial Read More... The post Chelsea Won’t Let James Go appeared first on DailyGuide
The Minister of Youth and Sports, Mustapha Ussif, has revealed that the African Union (AU) has declared Accra as the African City for Sports. This pronouncement comes after the successful organization and hosting of the 13th African Games (ACCRA2023), which took place across several sporting venues in Accra and Cape Coast. Hon. Ussif said, in […] The post Africa
…thanks to Zoomlion The discussion by most Ghanaians as the 13th African Games came to a close in Ghana over the weekend, is the massive patronage of the games just when the curtains were about to come down. The finals of the U-20 men’s football match between Ghana and Uganda which was held at the […] The post Consistent sanitation triumphs over
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 director in charge of the volunteers for the 13th African Games, Juliana Addo-Yobo, says the Ministry of Sports is working on settling all volunteers for the games. The volunteers on Tuesday were agitated over what they say is the failure of authorities to release the GH¢2,500 promised them ahead of the competition. The volunteers […] The post Accra 2023:
The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post All
The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post African
Juliana Addo-Yobo, the director responsible for volunteers at the 13th African Games, has assured that the Ministry of Sports is actively working to resolve the issue of unpaid volunteers for the event. Volunteers expressed agitation on Tuesday over the alleged failure of authorities to fulfill promises of compensation made before the competition. They claim they […] The post African
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
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
Thomas Ishmael Adjei Fidelity Bank Ghana, a leading advocate for financial inclusion, took a centre stage role in empowering young minds at the just ended 13th African Games. The Read More... The post Fidelity Bank Empowers Youth At African Games appeared first
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
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the foreign exchange market came under some seasonal pressures in February and early March 2024. However, he said, the Ghana cedi continues to recover its value. The pressures, he explained, emanated mainly from the strengthening of the United States dollar in international […] The post Cedi continues
Governor of the Bank of Ghana (BoG) Dr Ernest Addison has stated that Fiscal policy implementation so far has been broadly consistent with targets under the International Monetary Fund External Credit Facility (IMF ECF) supported programme. Although the primary fiscal balance (Total Revenue less Total Non-Interest Expenditure) target for 2023 was attained, he said, the […] The post Fiscal
Dr Kwaku Ofosu Asare, chairman of the Local Organizing Committee for the recently concluded 2023 African Games, has conceded that Ghana could have better prepared its athletes for the competition, potentially leading to even greater success in the medal tally. Despite Ghana’s commendable achievement of securing 68 medals at the games, including 19 gold, 29 […] The post African
It began with toxicity from so-called critics, whom I think were engaged in mere politics and bad PR just because an audacious decision has been made by the government led by President Nana Addo Dankwa Akufo-Addo to continue with hosting such a big – and in their eyes a flamboyant – tournament when the country […] The post African Games: Gov’t, LOC deserve a pat on the back! first appeared
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