Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the state security agencies to assist the bank in dealing with reports of cross-border illegal transfers. He says that although the Bank hears rumors of these illegal transfers, it is not taking the matter lightly. Dr Addison said these while answering a question […] The post Bank of Ghana prepared
The management of Ebenage Herbal Production and Consult Limited, producers of Hepa Plus mixture has appointed Felicia Quenin as the new Chief Executive Officer of the company. Felicia Quenin, a holder of MBA in Strategic Management and Consulting from KNUST takes over from Dr. Ebenezer Agyemang who had held the position since the inception of […] The post Hepa
Hearts of Oak have reinstated Vincent Sowah Odotei and Dr. Nyaho Nyaho Tamakloe as board members. This follows the earlier dissolution of the board as part of a new direction under the direction of Executive Board Chairman Togbe Afede XIV. The decision to dissolve the board, including the departure of prominent figures like Frank Nelson […] The post Odotei, Nyaho-Tamakloe reappointed
By Juliet Aguiar DUGBARTEY Dr. Steven Blessing Ackah, Executive Director of Ghana Gold Expo, has called for the establishment of exploration fund in Africa, particularly Ghana, to serve as a financial catalyst, enabling local individuals and entities to actively participate in exploration activities. He said the Exploration Fund should be accompanied by a strong commitment […] The post
Ghanaian entertainment pundit, Emmanuel Barnes, also referred to as Mr. Logic, has stated that he spends GH¢8,000 a day on average. The post I spend at least GH¢8k everyday – Mr. Logic first appeared on 3News.
The Public Utilities Regulatory Commission (PURC) has announced that the Electricity Company of Ghana (ECG) is on course in respect of compliance with the 5 requirements under the Cash Waterfall Mechanism procedure. This is contained in a statement dated March 26, 2024, issued by the Commission and signed by its Executive Secretary, Dr Ishmael Ackah. […] The post PURC
Unilever Ghana PLC has appointed Mr. Chris Wulff-Caesar as its new Managing Director with effect from the 1st of April 2024. Mr. Wulff-Caesar is an accomplished International Business Executive with 24 years of FMCG experience gained across various countries, and is returning to Unilever Ghana PLC, where he began his career as a management trainee […] The post Chris
Coalition of Stakeholders in Electricity Contracts and Arrangements (COSECA), has accused President Akufo-Addo of contributing to the challenges and dysfunction of the power sector. In a statement dated March 26 and signed by its executive secretary, Nana Yaa Akyempim Jantuah, the coalition criticised the president for not adhering to the “laid-down structures” governing the sector. […] The post ‘Akufo-Addo
The Bank of Ghana (BoG) has received a US$300 million facility from the World Bank as budgetary support. According to a report by Citi News, the BoG’s account was officially credited on Wednesday, March 27, 2024. The release today is the first of three $300 million World Bank operations for disaster response and resilience in […] The post $300m World Bank budgetary support hits
Millions of Americans’ online accounts have been caught up in a “sinister” Chinese hacking plot that targeted US officials, the justice department and FBI said on Monday. Seven Chinese nationals have been charged with enacting a widespread cyber-attack campaign. They are accused of ties to a hacking operation that ran for 14 years. The US […] The post Millions
By Joshua Worlasi AMLANU ([email protected]) The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation. Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th MPC meeting’s press briefing […] The post
Dr. Ernest Addison In a recent announcement, the Bank of Ghana (BoG) has decided to maintain its Monetary Policy Rate (MPR) at 29%. This move comes in response to a Read More... The post BoG Maintains Monetary Policy Rate At 29% appeared first on DailyGuide
By Emmanuel AKOMEA The Minister of Finance Dr. Mohammed Amin Adam has announced plans to streamline port charges following a visit to the Tema port and discussions with Customs officials and agents. The decision seeks to tackle the multitude of charges at the country’s sea ports, curb duty evasion and address challenges in handling transit […] The post Port
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
The Karaga District Security Committee, has imposed a dusk to dawn curfew on the community following a clash between residents of Karaga and the military. The confrontation resulted in the death of one person and left three others with injuries. The confrontation is reported to have erupted when a rival regent was enskinned following the […] The post Curfew imposed on Karaga after residents
Founder and leader of the All People’s Congress (APC) Hassan Ayariga has criticised the leadership of Ghana, stressing the need for a fundamental shift in the nation’s political landscape. He described the concept of leadership as akin to fatherhood. “There are two fathers in the world biological father and father of the nation. One can […] The post What we need
Ebo Taylor (right) receiving his citation from the organisers The Department of Music Education, School of Creative Arts at the University of Education, Winneba (UEW), has recognised and honoured Read More... The post UEW Honours Ebo Taylor appeared first on DailyGuide
The Ministry of Energy has provided clarification on recent remarks made by the sector minister, Dr. Matthew Opoku Prempeh, regarding the release of a timetable for ongoing power outages. In a press release issued on Tuesday, March 26 by the Minister’s spokesperson, Kofi Abrefa Afena, Dr. Opoku Prempeh was simply stating facts. During the inauguration […] The post Energy
In a typical meeting of parliamentarians of the Parliament of Ghana, there are several procedures that take place. One of the initial steps is the roll call, where the names of the members are called out to establish their presence. This helps to ensure that quorum, the minimum number of members required for the meeting […] The post A Chamber of Dreams and Risks: Ghana’s
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