A private businessman in Obuasi, Mr Kofi Appianin Ennin, has declared his intention to contest the Obuasi West Constituency parliamentary seat as an Independent Candidate, in the upcoming general elections in December 2024. Mr Kwaku Kwarteng, the incumbent MP and Madam Faustilove Appiah Kannin, have filed to contest the seat as New Patriotic Party (NPP) […] The post Appianin
Mr Osei Kyei-Mensah-Bonsu, the Member of Parliament for Suame and Minister of Parliamentary Affairs, has donated GH¢150,000 to the Heal Komfo Anokye Teaching Hospital (KATH) fund. The former Majority Leader, whilst presenting the cheque covering the amount to the hospital said he was inspired by the initiative of Otumfuo Osei Tutu II, the Asantehene, to […] The post Suame lawmaker donates
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
The Minister of Finance Dr Mohammed Amin Adam has said that a Preliminary assessment undertaken by the Ministry and the central bank shows that they are on course to meet most of the targets under the Programme with the International Monetary Fund (IMF). He said that the Finance Ministry is working with the Bank of […] The post 2nd review: We’re on course
Finance Minister Dr Mohammed Amin Adam has said that the government recognizes that significant steps must be taken to improve the business environment in Ghana. He noted that Ghana is still one of the best destinations on the continent for the private sector to thrive. Dr Amin Adam said this while inaugurating the Ghana Mutaul […] The post Ghana is still one
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
The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […] The post $3bn
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
The Minister of Finance, Dr. Mohammed Amin Adam, has highlighted the inadequacy of the country’s generated revenue to meet its infrastructural demands. He underscored the necessity for the government to resort to borrowing from the international capital market to supplement its efforts in addressing the country’s infrastructure needs. Expressing concern about the revenue raised from […] The post We
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29 per cent. This comes as the International Monetary Fund (IMF) warned Central Banks to be careful when cutting interest rates as looser monetary policy could push inflation up further. This is the first time the BOG is maintaining the rate in […] The post BoG maintains policy rate at 29% appeared first on
King Charles III is “so proud of Catherine for her courage” in speaking about her treatment for cancer, Buckingham Palace has said. The King, who has been diagnosed with cancer himself, is in the “closest contact with his beloved daughter-in-law”, a short statement read. Support has poured in for the Princess of Wales, who described […] The post King hails
A leading member of the New Patriotic Party (NPP) in the Ashanti Region, Chairman Odeneho Kwaku Appiah (COCA) has expressed serious concern about the party’s unity and strategy for the 2024 general elections as the race for a running mate continues to threaten efforts. With the selection of Dr Mahamudu Bawumia as the party’s flagbearer […] The post Expedite
Ghana’s policy rate is one of the highest globally and can not be justified, therefore the Bank of Ghana (BoG) has a duty to slash it drastically by at least 200 basis points, an economist and Director of Research at the Institue of Economic Affairs (IEA), Dr John Kwakye, has said. In his view, reducing […] The post Ghana’s policy rate is one of the highest
The Minister of Finance Dr Mohammed Amin Adam has explained that Artificial intelligence (AI) is forecast to contribute up to US$15.7 trillion to the global economy by 2030, of which US$1.2 trillion could be generated in Africa, thereby making AI one of the biggest economic opportunities available to our Continent. He said that Ghanaian authorities intend […] The post AI:
The National Democratic Congress’ (NDC) parliamentary candidate for Damongo, Adam Mutawakilu, has attributed Ghana’s power challenges to a lack of generational capacity and liquidity lapses. The government is burdened with an over GH¢2.3 billion debt owed to Independent Power Producers in Ghana (IPPs), with regular power cuts that have had Ghanaians agitated. Speaking on The […] The post Dumsor:
Finance Minister Dr. Mohammed Amin Adam has expressed confidence in fostering a closer partnership with the International Monetary Fund (IMF) to bolster Ghana’s economic resilience and expedite sustainable and inclusive growth. According to Amin Adam, this collaboration with the IMF will pave the way for a more prosperous future for all Ghanaians. Dr. Adam’s remarks […] The post Collaborative
The selection of running mates in Ghana’s political landscape holds immense significance, akin to the election of flagbearers. While achieving a proper balance on the ticket is crucial for the electoral success of the party, it is noteworthy that, traditionally, this role has been predominantly filled by men in major political parties in Ghana. Decisions […] The post Breaking
STARTING FROM 6am today, Wednesday, March 13, 2024, doctors at the Komfo Anokye Teaching Hospital (KATH) in Kumasi will stop attending to patients, who are seeking treatment at the Read More... The post KATH Doctors Strike Today appeared first on DailyGuide
Finance Minister Mohammed Amin Adam has urged the Office of the District Assemblies Common Fund (DACF) to promptly transfer the allocated GH¢181,837,022.00 to the beneficiaries of the DACF-Responsiveness Factor Grant (RFG) for the District Performance Assessment Tool (DPAT) VI. He expressed concern that the ongoing delays in transferring the funds to the Metropolitan Municipal District […] The post Transfer
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