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
Ghana’s foreign exchange market came under some seasonal pressures in February and early March 2024, but the Ghana cedi continues to recover its value, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. He explained that the pressures emanated mainly from the strengthening of the US dollar in international markets, and payments […] The post Ghana’s
Gross international reserves (GIR)increased in 2023, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. The stock of the GIR at the end of December 2023 rose to US$5.91 billion, equivalent to 2.7 months of imports cover for goods and services, he said. Excluding pledged assets and the Ghana Petroleum funds, the […] The post Ghana’s gross international reserves
The Energy Minister, Dr. Matthew Opoku Prempeh, has stated that the country is not facing ‘dumsor’ (erratic power supply), indicating that individuals calling for a load-shedding timetable should release it themselves. He said the current power situation is “300 times better” than what was experienced under former President John Mahama in 2015. “If you are […] The post Load-shedding
The Ministry of Foreign Affairs and Regional Integration has cautioned the travelling public to be wary of the activities of middlemen/agents who purport to have the ability to secure citizenship, resident permits and job offers in conflict areas and in countries at war. The Ministry said these journeys are perilous and often have dire consequences. […] The post Avoid travels
The Chief Executive Officer (CEO) of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, has appealed to the Ministry of Energy to reconsider its decision to reject their request to include them in the Cash Waterfall Mechanism Committee. The IPGG said that the earlier appeal to be included was rejected by the Ministry. […] The post Independent
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
The three striking teacher unions are requesting the Ministry of Employment and Labour Relations to postpone their meeting with the National Labour Commission scheduled for today, March 22, to Monday, March 25. These unions, comprising the Ghana National Association of Teachers (GNAT), the National Association of Graduate Teachers (NAGRAT), and the Coalition of Concerned Teachers, […] The post Striking
The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, […] The post BoG
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 Bank of Ghana (BoG) has a duty to slash its Policy Rate (PR) 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 rate drastically will trigger a decline in the ‘artificially high’ lending […] The post Cut policy rate drastically – Economist tells Bank
Rev. Stephen Wengam The General Superintendent of Assemblies of God, Ghana, Rev. Stephen Wengam says the church is vigorously pursuing its Transformation Agenda to reposition it as the leading Read More... The post Assemblies Of God On The Move appeared first on DailyGuide
A member of Council of State, Mr. Sam Okudzeto, has charged African engineering practitioners to be bold and courageous in the discharge of their engineering duties. He said when he looked at the profiles and various groups within the various engineering fields and the specialisation involved, it looks like there is nothing that we can […] The post Be
Dr. Bawumia with executives of the Chamber and other government officials The Ghana National Chamber of Commerce and Industry has embraced a number of policies Vice President and Flagbearer Read More... The post Chamber
A member of the Communications Team of the Movement for Change Dr. Ramzi Inusah has raised concerns about the missing laptops for election. According to him, both the New Patriotic Party (NPP) and the National Democratic Congress (NDC) are the creation of the challenges confronting Ghana elections. “The NPP and NDC are the creation of […] The post The
In what appears to be one of the formal responses from the Speaker of Parliament, Alban Bagbin, to President Akufo-Addo’s penchant for not assenting to private members’ bills, General Arts students, particularly those who read government in senior high school, experienced nothing but separation of powers on display. A cursory glance at TV3 Ghana’s quote […] The post Bagbin
Professor Kwadwo Appiagyei-Atua, a law lecturer at the University of Ghana, has asserted that the Clerk Parliament must respect the law and avoid submitting the Human Sexual Rights and Family Values Bill 2024 passed by Parliament to President Akufo-Addo to assent to it. He said it is incumbent on the Clerk of Parliament not to […] The post Anti-gay
Professor Kwadwo Appiagyei-Atua, a law lecturer at the University of Ghana, has asserted that the Clerk to Parliament must respect the law by not submitting the Human Sexual Rights and Family Values Bill 2024 passed by the House to President Akufo-Addo for assent. He said it is incumbent on the Clerk of Parliament not to […] The post Anti-gay
Archbishop Duncan Williams Africa’s premier Christian lifestyle television and film network, Dominion TV, has chalked new success in the entertainment industry with the Netflix premiere of its movie, ‘A Read More... The post ‘A Taste of Sin’ Premieres On Netflix appeared
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