The Government Statisticians Professor Samuel Annim has announced that inflation rate for December 2023 has dropped to 23.2 percent from the 26.4 percent recorded in November in the same period. Prof. Kobina Annim said on Wednesday January 10 that food inflation recorded 28.7 percent, while non-food inflation saw inflation rate of 18.7 percent. Alcoholic beverages, […] The post Inflation rate drops to 23.2% first
Dr. Ernest Addison, BoG Governor A total of GH¢12.7 billion is expected to be raised by the government via Treasury bills (T-Bill) to finance its maturing bills in January Read More... The post Govt To Raise GH¢12.7bn In T-Bills appeared first on DailyGuide
Richard Nii Armah Quaye Founder and Board Chairman of Quick Credit, Richard Nii Armah Quaye has announced that following stakeholder engagement the house-to-house debt collection exercise has been suspended Read More... The post Quick Loan Ends House- To-House
Ghanaian gospel musician Chris Paakow Nelson has released his latest single, “Ese,” on January 10, 2024. In the Yoruba dialect, “Ese” translates to “thank you,” encapsulating the essence of gratitude and appreciation. The inspiration for the song arose during a challenging period at the end of 2022 when Chris Nelson found solace in the melody […] The post Gospel
The 5th edition of the CenBA Africa Business Excellence Awards was held at the Golden Bean Hotel in Kumasi in the Ashanti Region on 16th December 2023 to award companies that contributed to the success of businesses through creativity and innovation in Ghana and beyond. Angel Beverages Limited, producers of Angel Cola and other carbonated […] The post Angel
Ghanaian gospel musician Chris Paakow Nelson has released his latest single, “Ese,” on January 10th, 2024. In the Yoruba dialect, “Ese” translates to “thank you,” encapsulating the essence of gratitude and appreciation. The inspiration for the song arose during a challenging period at the end of 2022 when Chris Nelson found solace in the melody […] The post Ghanaian
The CEO of the Youth Employment Agency (YEA), Kofi Baah Agyepong, has stated that the Business and Employment Assistance Programme (BEAP) will help reduce Ghana’s unemployment rate by providing a lifeline for countless young individuals striving to carve out a promising future. According to him, the initiative seeks to address the financial strains faced by […] The post BEAP
Founder and Board Chairman of Quick Credit, Richard Nii Armah Quaye, has announced that his company will no longer undertake house-to-house recovery of loans. Quick Credit had been in the news in the past months due to the activities of its loan recovery officers. Videos on social media capture confrontations between these officers and customers […] The post Quick Credit
Ken Ofori Atta Ghana is inching towards securing a $1.15 billion funding from the International Monetary Fund (IMF) and the World Bank by the end of February 2024, as discussions with bilateral creditors Read More... The post Ghana, Creditors Near $1.5bn Funding Deal
UBA official handing over the donation to the management of Madina Polyclinic Staff of the Universal Merchant Bank (UMB) has donated medical equipment to the Madina Polyclinic. It included Read More... The post #UMBCares Brings Cheer To Madina Polyclinic appeared
Morgan Ayawine The Industrial and Commercial Workers’ Union (ICU-Ghana) has appealed to social partners, especially the government, to support State-Owned Enterprises (SOEs). According to the workers’ union, SOEs like Read More... The post Support
Lawyers representing the Vice-Chancellor of SD-Dombo University of Business and Integrated Development Studies (UBIDS) have threatened legal action against the Ghana Tertiary Education Commission (GTEC) for instructing their client to retire. Professor Philip Duku Osei’s legal team argues that GTEC committed an illegality by directing him to retire upon reaching the compulsory retirement age of […] The post SDD
Versatile Ghanaian trap rapper, Gambo, is back in the United States where he is working on his first full studio album. He is currently working with some seasoned American music industry engineers, producers and record label executives, to make his album a success. Gambo is working with legendary musician, Jim Jones, to complete his […] The post Gambo
The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
Charity-driven corporate entity, Yoga Business Group, has donated assorted items, including beverages, detergents, toiletries, and an undisclosed amount of money to the renal units of the Korle-Bu Teaching Hospital and the 37 Military Hospital in Accra. The gesture is part of the organization’s annual charity drive and a strategic effort to address the recent dialysis […] The post Yoga
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama has announced plans to set up and personally chair an Accelerated Export Development Council to prepare Ghana to become an export-led economy. This move comes alongside his 24-hour economy plan aimed at boosting economic growth and creating job opportunities for the country. Mr. Mahama […] The post Mahama
Professor Godfred Alufar Bokpin, an economist, has urged governments to ensure that Ghana achieves an inflation rate of at least six percent annually for about 15 years. He believes that, coupled with a stable currency, high productivity, and lower interest rates, this would enable macroeconomic gains to translate into improvements in the lives of citizens. […] The post Ghana
Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, three sources told Reuters, a key step needed to secure its next tranche of funding from the International Monetary Fund. The bilateral lenders, including the governments of China and France who co-chair the Official Creditor […] The post Ghana’s
Staff of the Universal Merchant Bank (UMB) has donated medical equipment to the Madina Polyclinic. It included beds for adults and children, medical equipment consumables, and drugs of various Read More... The post #UMBCares Brings Cheer To Madina Polyclinic appeared
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
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