The United States has begun reimposing sanctions on Venezuela by restricting its mining sector after the South American nation’s top court upheld the disqualification of an opposition presidential hopeful. Any US companies doing business with Venezuela’s state-owned mining concern Minerven have until February 13 to complete a “wind down of transactions” with the company, the US Treasury’s […] The post US
“If you make friends with the boatman in the dry season, you will be the first to cross when the rains come and the tide is high.” – African Proverb Our human history has a way of repeating itself in ways that are so predictable we can confidently conclude it is cyclical. It may be […] The post The Attitude Lounge by Kodwo Brumpon: Evolution of
The Ghana Association of University Administrators (GAUA) is considering suspending its ongoing strike pending a scheduled meeting with the Ministry of Education and the Ghana Tertiary Education Commission (GTEC) on February 7, 2024. The union began a nationwide strike, citing the government’s disregard for their conditions of service. While the National Labour Commission (NLC) has […] The post GAUA
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Electronic Money Issuers (EMIS) across the country have until the end of Wednesday, January 31, 2024, to collaborate with agents to link their accounts with the Ghana Card or TIN or have their SIM cards blocked. This directive was announced by the Ghana Chamber of Telecommunications in a statement dated January 30, 2024. According to […] The post Momo:
Dr. Ernest Addison The Monetary Policy Committee (MPC), of the Bank of Ghana has dropped its lending rate from 30% to 29% following a decline in inflation. The Governor Read More... The post Policy Rate Drops To 29% appeared first on DailyGuide N
The Ghana Association of University Administrators’ (GAUA) decision to embark on a strike action in demand for better conditions of service (CoS) has taken effect unabatedly, as the University Teachers Association of Ghana, University of Ghana chapter (UTAG-UG) has expressed solidarity with all sister-unions seeking to embark on strike. Among other issues, it has cited […] The post GAUA
Ghana’s economic tapestry is rich yet challenged, marked by intricate financial dealings and the need for strategic manoeuvering. One such example is the GRA-SML deal, reflecting the complexities Ghana faces. Amid these economic intricacies, entrepreneurship education emerges as a beacon of hope, offering more than just employment opportunities, but a pathway to holistic economic rejuvenation. […] The post
The Upper East Regional Security Council has temporarily banned the riding of motorbikes in the Binduri district over recent killings. The decision was made during its emergency meeting on Monday, January 22, 2024, following recent records of killings in the Bawku and Binduri districts. In a statement, the Upper East Regional Security Council also reviewed […] The post Upper
The Paramount Chief of Ekumfi Traditional Area, Odeefo Akyin VIII, has urged the feuding parties requesting the autopsy report of the late President John Evans Atta-Mills to come together to find lasting solutions to the impasse. There has been controversy surrounding the whereabouts of an autopsy report on the death of Prof. Mills, popularly called […] The post Jaw-jaw
Human Rights lawyer Francis-Xavier Sosu is moving to escalate issues with the law on the death penalty to the ECOWAS Court of Justice. The lawyer expressed his displeasure with the death sentence handed to six coup plotters after being found guilty of conspiring to commit high treason and committing high treason. The High Court on […] The post Xavier Sosu
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Ghana’s MIIF has stepped up efforts to attract North American partners into the Ghanaian mining space. MIIF, the sovereign minerals fund of Ghana, was created by law to manage the equity interests of the Government of Ghana in mining companies and collect and manage mining royalties due the state for purposes of investment. M 11F […] The post MIIF
A United Nations peacekeeper from Ghana has been killed alongside some civilians after clashes between rival local groups in the Abyei region on South Sudan’s border with Sudan, a U.N. statement said. According to the statement by the United Nations Interim Security Force for Abyei (UNISFA), the clashes occurred in three locations in the Abyei […] The post Ghanaian
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
…The Relationship Manager “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.”….. Steve Jobbs Dear Readers, how did you find the extracts from my first article published more than ten years ago? Funny, but its real. Its interesting that the situation is still […] The post Risk
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base Read More... The post BoG Lowers Base Rate To 29% To Stimulate Economic Growth
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