The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
Nigeria international Alex Iwobi has labelled Ghana’s exit at the 2023 Africa Cup of Nations (AFCON) as shameful. The Black Stars despite high hopes of averting their previous dismal performance at the 2021 AFCON failed to impress once more. Ghana, despite entering the competition with high hopes of redemption following their lackluster performance in the […] The post Ghana’s AFCON exit was
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
The National Food Suppliers Association of Ghana (NAFSAG) has announced its intention to picket at the premises of the Ministry of Education if the outstanding debts owed to its members are not settled within the next 14 days. In a statement released on March 26, NAFSAG expressed concern over the unfair distribution of funds to […] The post Food suppliers
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
By Samuel SAM The need to inspire and empower more successful women entrepreneurs to drive socio-economic development was highlighted at the GNCCI-GIZ Women Conference held in Tamale under the theme ‘Making AfCFTA Work through a Deliberate Inclusion of Women Entrepreneurs’. At the event, Hamidu Hamza Saana, the Northern Regional Director of the Ministry of Trade […] The post
Dr. Kwaku Ofosu-Asare, the Executive Chairman of the Local Organising Committee for the 13th African Games, has called on all Ghanaians to prioritize the proper maintenance of the facilities utilized for the event. He emphasized that the upkeep of these facilities is crucial as it would contribute to the enhancement of various sporting disciplines across […] The post Accra
The minority in Parliament has maintained that the Attorney-General’s advice to the Speaker of Parliament, Alban Bagbin, has vindicated the speaker on the decision to halt the approval processes of President Akufo-Addo’s ministerial nominees. The minority caucus, in a statement dated Monday, March 25, underscored that the Attorney-General, in a letter to the Speaker, seeking to […] The post Attorney-General’s
By Elizabeth PUNSU, Kumasi The Coordinator of the Women’s Wing at the Ghana Union of Traders Association (GUTA), Pearl Opoku, has urged the Registrar of Companies to lower the costs associated with registering businesses led by women in the country. Ms. Opoku stressed that such action would streamline the formalisation process for numerous micro, small […] The post
Three top International Excellence Awards instituted by the West African Examinations Council (WAEC) have been won by Ghana. The coveted awards were to recognise candidates with outstanding performance at Read More... The post Ghana Sweeps 3 Top WAEC Awards appeared first on
Esteemed compatriots, gather round the communal fire, for your nephew, Agya Kwaku Ogboro, shall weave a tale as intricate as the kente cloth that adorns our noble shoulders. Behold! The Read More... The post Agya Kwaku Ogboro’s Lofty
Team Ghana Ghana has recorded her largest medal haul in the history of the African Games at the 13th edition of the event that ended in Accra at the Read More... The post Ghana Records Highest Medal Haul appeared first on DailyGuide
By Buertey Francis BORYOR The Institute of Statistical Social and Economic Research (ISSER) of the University of Ghana has called for a review of the Special Drawing Rights (SDRs) allocation framework. The SDRs is an international reserve asset created by the IMF to supplement the official reserves of its member countries. ISSER proposed that allocations under SDRs, an international […] The post
Ghana’s athletics coach, Harry Adu, has provided a candid assessment of the organisation of the 2023 African Games, suggesting that it could have been better despite some positive aspects. The 2023 African Games concluded on Saturday after three weeks of intense competition. Ghana, hosting the event for the first time in its history, welcomed approximately […] The post African
Dr Ernest Addison, BoG Governor Ghana earned $2.8 billion from its major exports in the first two months of this year. A recent assessment of the country’s external sector Read More... The post Exports Rake In $2.8bn appeared first on DailyGuide
Banks’ performance has rebounded after the Domestic Debt Exchange Programme (DDEP), Governor of the Bank of Ghana, (BoG), Dr Ernest Addison has said. He indicated that the banks that were severely hit by the DDEP are relying on the Bank of Ghana-approved capital restoration policy. Dr Addison said these at the 117th Monetary Policy Committee […] The post Banks’ performances
The Alliance of Feminist CSOs has said that it finds the utterance made by the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi-Boasiako, about the marital status and region of origin of Prof. Jane Naana Opoku-Agyemang completely unacceptable. The leadership of the organization has therefore called on the NPP’s leadership to call […] The post Call
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
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