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
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
One of the defaced billboards adjacent the Kata Hostel near Nyamekye Junction, Accra National Democratic Congress (NDC) thugs are suspected to be behind the destruction of six giant billboards Read More... The post Thugs Deface Ama Dokua’s Billboards
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
The National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah, popularly known as General Mosquito, has criticised the executive’s approach to the anti-LGBTQ+ bill. Asiedu Nketiah deemed the president’s decision to refuse acceptance of the bill as wholly unnecessary. This stance follows the Executive Secretary to the President, Nana Asante Bediatuo’s request to […] The post Akufo-Addo’s
Johnson Asiedu Nketiah, the National Chairman of the opposition National Democratic Congress (NDC), has stated that President Nana Akufo-Addo lacks the courage to openly declare his stance on the anti-LGBTQ+ bill. During an interview on Asempa FM on Wednesday, March 27, Asiedu Nketiah, also known as General Mosquito, suggested that the president’s reluctance to address […] The post Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has asserted that his administration’s dedication to the educational sector surpasses that of any government in the 4th Republic. He highlighted significant investments in infrastructure, educator support, and various other initiatives, positioning his government as exemplary in its commitment to education. Speaking at the launch of the Smart Schools Project […] The post My
A member of the Mines and Energy Committee of Parliament and MP for the Bongo constituency, Edward Abambire Bawa, has expressed disappointment over the comments made by Energy Minister Matthew Opoku Premspeh. The Energy Minister, whilst responding to reporters on the current state of power supply in the country and the calls for a load-shedding […] The post Load-shedding timetable:
Edward Bawa, a Member of Parliament’s Mines and Energy Committee, has expressed disappointment over the remarks made by Energy Minister, Dr. Matthew Opoku Prempeh regarding the need for a load-shedding timetable by the Electricity Company of Ghana (ECG). Dr. Prempeh challenged those advocating for the ECG to issue a load-shedding timetable to come up with […] The post Edward
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
The Minister of Communications and Digitalization, Ursula Owusu-Ekuful, has expressed scepticism regarding the passage of the Affirmative Action Bill in the next parliament. She attributed this uncertainty to the delayed efforts in stakeholder advocacy. Speaking at the Women in Governance National Dialogue on the theme, ‘Movement building towards equal playing field: Women’s inclusion and participation […] The post Calls
Nana Amoasi VII, the Executive Director of the Institute for Energy Security (IES), has stated that Energy Minister Dr. Matthew Opoku Prempeh’s response to individuals advocating for the issuance of a load-shedding timetable by the Electricity Company of Ghana (ECG) to publish their own proposed schedules is a reflection of government’s overall view on Ghana’s power […] The post ‘Dumsor’
The Minority in Parliament has raised concerns and criticized President Akufo-Addo for the delay in addressing the KPMG report on the audit of the revenue mobilisation contract between the Read More... The post Minority Fights President Akufo-Addo
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
President Nana Addo Dankwa Akufo-Addo has taken decisive action by dismissing Daniel Noble Awuley from his role as the Municipal Chief Executive (MCE) of the Hohoe Municipal Assembly. The Read More... The post President Akufo-Addo Sacks Hohoe MCE,
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. Yaw Adutwum (left) presenting a citation to President Akufo-Addo (2nd from left), with them is Vice-president Dr. Mahamudu Bawumia (right) The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) administration yesterday Read More... The post Nana Gives One Student, One Laptop appeared
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