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
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
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
By Emmanuel AKOMEA The Minister of Finance Dr. Mohammed Amin Adam has announced plans to streamline port charges following a visit to the Tema port and discussions with Customs officials and agents. The decision seeks to tackle the multitude of charges at the country’s sea ports, curb duty evasion and address challenges in handling transit […] The post Port
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
The Karaga District Security Committee, has imposed a dusk to dawn curfew on the community following a clash between residents of Karaga and the military. The confrontation resulted in the death of one person and left three others with injuries. The confrontation is reported to have erupted when a rival regent was enskinned following the […] The post Curfew imposed on Karaga after residents
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
Founder and leader of the All People’s Congress (APC) Hassan Ayariga has criticised the leadership of Ghana, stressing the need for a fundamental shift in the nation’s political landscape. He described the concept of leadership as akin to fatherhood. “There are two fathers in the world biological father and father of the nation. One can […] The post What we need
Ebo Taylor (right) receiving his citation from the organisers The Department of Music Education, School of Creative Arts at the University of Education, Winneba (UEW), has recognised and honoured Read More... The post UEW Honours Ebo Taylor appeared first on DailyGuide
The Ministry of Energy has provided clarification on recent remarks made by the sector minister, Dr. Matthew Opoku Prempeh, regarding the release of a timetable for ongoing power outages. In a press release issued on Tuesday, March 26 by the Minister’s spokesperson, Kofi Abrefa Afena, Dr. Opoku Prempeh was simply stating facts. During the inauguration […] The post Energy
In a typical meeting of parliamentarians of the Parliament of Ghana, there are several procedures that take place. One of the initial steps is the roll call, where the names of the members are called out to establish their presence. This helps to ensure that quorum, the minimum number of members required for the meeting […] The post A Chamber of Dreams and Risks: Ghana’s
The Central Bank announced Monday it has decided to adjust the Cash Reserve Ratio (CRR) for banks. Governor of the Bank of Ghana and Chairman of the Monetary Policy Read More... The post BoG Adjusts Banks’ Cash Reserve Ratio appeared first on DailyGuide
Dr. Ernest Addison, Governor of Bank of Ghana The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29% following a review of some developments in Read More... The post Policy Rate Remains 29% appeared first on DailyGuide Network
Dr. Christopher Ampadu (M) flanked by his lieutenants Executive Director of the Africa Centre for the Study of Worldviews and Wholistic Development of Societies, Dr. Christopher Ampadu, believes that Read More... The post Ghana’s Devt Not In Regime Change – Ampadu
The Speaker of Parliament Alban Kingsford Sumani Bagbin has expressed his profound gratitude to the traditional authorities in Ghana for the protection and upholding of family values in the country. He reiterated his strong support for the Proper Human Sexual Rights and Ghanaian Family Values Bill, which was unanimously passed by Parliament. Mr. Peter Bamfo, […] The post Bagbin lauds
All roads lead to the Akuraso Cultural Centre at Kokofu Akyeremade, the gateway to Amansie District in the Ashanti region. A number of activities have been slated down towards promoting the cultural values of the people during the Easter festivities. Mr. Patrick Adu Gyamfi, Chief Executive Officer of Century Investments Limited, explained that the establishment […] The post Akuraso Cultural
Nsutaman Catholic Senior High School has observed its 50th Anniversary with a call on stakeholders and the government to help with infrastructural facilities expansion for management and students. The theme for the celebration is: “Celebrating Our Past and igniting Our Future in a Challenging Environment”. Mrs. Victoria Ussher, the Headmistress of the School, appealed to […] The post Nsutaman
Major General Bismarck Kwasi Onwona, the Chief of Army Staff, has commissioned a 20-Unit Accommodation Block and Parade Square at the Central Command in Kumasi, as part of his maiden visit to the Central Command. The initiative for the accommodation block and Parade Square for training and exercise were supported by philanthropists, corporate organisations and […] The post Chief
Bawa Fuseini, the President of Ghana Athletics, has revealed that Ghana has received an invitation to bid for the hosting rights of the 2026 African Athletics Championships. The African Championships in Athletics is a prestigious continental sporting event overseen by the Confederation of African Athletics (CAA), serving as the apex governing body for athletics in […] The post We’ve
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