Eastern Regional Minister Seth Kwame Acheampong called for responsible media practices to ensure peaceful elections in December. Addressing the Regional May Day Celebration held at Jubilee Park in Koforidua on May 1, 2024, Seth Acheampong emphasized the media’s role as “custodians of truth,” stating that they must combat misinformation and disinformation to maintain peace and […] The post Media
The Ministry of Employment and Labour Relations is scheduled to hold discussions with the leadership of the Teachers and Educational Workers Union (TEWU) of TUC today over tier-2 pension arrears owed to members of the union. The union had previously set an April deadline for the government to resolve all outstanding payments owed to its […] The post Labour Ministry
Versatile lyricist Ernest Koranteng, widely known in showbiz as Wiafe (SwiitLypz) is out with a single -Abba Father. The potential hit track is a mid – tempo High-Life/Afro tailored Read More... The post Wiafe Rolls Out Abba Father appeared first on DailyGuide
Fishermen in Jamestown, whose canoes were destroyed by heavy rainfall, strong winds, and high tides on Tuesday, have abandoned their damaged vessels in search of financial assistance to either buy new ones or repair the old ones. The downpour led to the destruction of several canoes near the sea defense wall built as part of […] The post Jamestown
CDG Invest has acquired a 20% stake through its Generation Entrepreneurs program in the capital of Atlantic Group. This strategic partnership marks a significant turning point for Atlantic Group and underscores CDG Invest’s confidence in the group’s potential to become a center of excellence in higher education in Morocco. Thanks to this partnership, Atlantic Group […]
The Ankasa Forest Reserve road in the Jomoro Constituency of the Western Region is receiving a reshaping by the Member of Parliament, Dorcas Affo-Toffey. The eight-kilometer road has not seen any coal tar since construction several decades ago. The reshaping of the road would serve nearby communities such as Amokwawsuazo, Fire, “Odo y3 f3“, Paradise […] The post Jomoro MP reshapes Ankasa Forest Reserve
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
The International Monetary Fund (IMF) has expressed satisfaction with Ghana’s Economic performance under the IMF-supported program, as it reaches staff-level agreement on the second review of Ghana’s economic program under the Extended Credit Facility (ECF) arrangement. Addressing the media at a joint news conference with the Bank of Ghana (BoG) and the Ministry of Finance […] The post IMF:
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has stated that in Ghana’s recent history, the country has not been able to successfully implement a programme with the International Monetary Fund (IMF) in an election year without derailment. However, he has assured that the government and the central bank are committed to changing […] The post In
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
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
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
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
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