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
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the Cedi was relatively stable in the first quarter of 2024 against the major trading currencies, especially the Dollar. He says they expect the stability to continue. Answering questions at the 117th Moneyray Policy Committee (MPC) press conference in Accra on Monday […] The post Cedis is relatively stable
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Nigeria is currently saddled with a crisis related to the challenges posed by its currency, the Naira. He said this is similar to what Ghana went through in 2022 when inflation kept rising, coupled with the rapid depreciation of the Cedi. Reuters […] The post Naira woes: Nigeria going through
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will be holding the 117th press conference today Monday, March 25. The MPC is expected to announce major policy decisions including whether or not the policy should reduce. The MPC is also expected to talk about the performance of the Cedi against the dollar […] The post Bank of Ghana to announce key decisions
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 Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, concluded her visit to Ghana on Monday, 18th March, 2024, following two days of productive engagements. Dr. Ernest Addison, Governor of the Bank of Ghana, bid farewell to the IMF MD, alongside the First and Second Deputy Governors of the bank and the IMF […] The post IMF MD departs
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
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
The Executive Director of Revenue Mobilisation Africa, Geofrey Kabutey Ocansey, has urged the government to revise its tax exemption regimes. Kabutey Ocansey referenced a study conducted by the Ghana Center for Democratic Development (CDD-Ghana) which found that about 80 percent of Ghanaians are willing to pay taxes but want to see what the taxes are […] The post Govt must
Fidelity Bank, Ghana’s largest privately-owned bank has held its inaugural Stakeholder Workshop, as well as the Orange Summit, to address critical needs in sustainability and young entrepreneur development. These events are in line with the bank’s commitment to a brighter future for Ghana, through impactful initiatives on two key fronts – fostering sustainable development and […] The post Fidelity
Persons living with HIV in Ghana say they are at their wit’s ends as health officials begin rationing anti-retroviral drugs meant to sustain them. According to a JoyNews report the medications are fast running out and should completely run out by May, if nothing is done about it. According to the President of the National […] The post Editorial: Address issues concerning Anti-Retroviral
The extensive searches including a reported excavation for alleged stolen booty conducted in the house of the former boss of the Ghana Cocoa Board (COCOBOD), Stephen Kwabena Opuni, became a topical issue in his trial at the Accra High Court last Wednesday. During cross-examination, counsel for Dr Opuni, Samuel Codjoe, inquired from a witness whether […] The post No
Stephen Alajemba Renowned Nollywood actor Stephen Alajemba, also known as Uwaezuoke, has shared insights into his personal journey, revealing the challenges he faced growing up due to societal perceptions Read More... The post Women Rejected Me Due To My Looks
His Majesty Yagbonwura Bii-Kunuto Jewu Soale I with Stephen Asamoah Boateng in Damongo The Overlord of the Gonja Kingdom, His Majesty Yagbonwura Bii-Kunuto Jews Soale I, has commended the Read More... The post Yagbonwura Commends Asabee Over Chieftaincy
Michael Essien Former Black Stars midfielder, Michael Essien, is reportedly being considered for the vacant assistant coach position with the national team. This development comes in the aftermath of Read More... The post Essien Linked To Stars Coaching Role appeared first on
Healthcare delivery at the newly-constructed Fomena Government Hospital is being hampered, following unstable power supply to the health facility.This came to light when the Paramount Chief for Adansi Traditional Area, Opagyakotwere Bonsra Afriyie II, paid a working visit to the hospital. Bringing to fore the challenges confronting the hospital, the administrator of the facility, Mr. […] The post Unstable
Forty-two years and counting, and our senior national men’s soccer team, the Black Stars,is yet to lay hands on the Golden Fleece, the AFCON cup. Since 1982 when we won the AFCON cup for the fourth time to lead in Africa, our candle was blown out in the wind. We have slipped from first to […] The post Feature: About the Blacks Stars and Soccer in Ghana appeared first on The
The cross examination of the Prosecution Witness (PW) in the Saglemi Housing Project, where Alhaji Collins Dauda, a former minister of Works and Housing and others are standing trial, traversed into quotations from the Holy Bible by both the Defence Counsel and the Prosecution Witness. It all started when Godwin Edudzi Tamakloe, counsel for Dr. […] The post Counsel
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