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
You might be wondering how an all-sports event will help the entertainment business. Well, after some careful consideration, I discovered how the 2023 African Games held in Accra helped our music industry. The post How Ghana’s music industry benefited from the African Games 2023 first appeared on 3News.
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
By Emmanuel ACQUAH-SAM (Ph.D.) I write this article about a national cathedral for the God of Heaven and Earth with deep solemnity and humility. Since President Nana Akufo-Addo Danquah announced his intention to build it, the cathedral has been the subject of sacrilegious discussions domestically and internationally. For many, the point of contention has been […] The post The
Ghanaian Dancehall artiste, Shatta Wale has said that the shortcomings of actor, Funny Face are reflective of the problems bedeviling the creative industry. The post Creative industry challenges part of Funny Face’s predicament – Shatta Wale first appeared on 3News.
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
Renowned Ghanaian actor Chris Attoh has advised aspiring actors to focus on honing their craft instead of pursuing quick fame and fortune. The post Focus on your craft, not fame – Chris Attoh to up-and-coming actors first appeared on 3News.
A number of West African musicians have attracted international attention in recent years, contributing to the growth of the continent's music scene. The post Burna Boy, Davido and Wizkid rated as most popular musicians in West Africa; no Ghanaian artist listed first appeared on 3News.
Constitutional lawyer Justice Srem Sai has expressed surprise at the behaviour of the Attorney-General and Minister for Justice, Godfred Yeboah Dame, regarding the minister’s disagreement with the Speaker of Parliament for suspending approval of President Akufo-Addo’s ministerial nominees. Godfred Dame, in an interview with TV3’s Joseph Ackah Blay, accused Speaker Alban Bagbin of “dabbling in […] The post Attorney-General’s
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
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
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
Water remains a vital global resource imperative for human existence, residential use, industrial activities, and economic development in several sectors including agriculture, energy, and health. Water demand has increased in many parts of the globe, and along with it, is the threat to human security. As at November 2023, 1,630 cases of water conflict had […] The post World Water Day:
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
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 President of IMANI Africa, Franklin Cudjoe, has alleged that the five laptops the Electoral Commission (EC) reported missing are nothing but a decoy to declare the remaining machines compromised and set a procurement opportunity to waste money on new machines. The Minority Caucus on Tuesday, March 19, alleged that seven biometric verification machines had […] The post EC’s
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