Dr. Ernest Addison, Governor of Bank of Ghana The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29% following a review of some developments in Read More... The post Policy Rate Remains 29% appeared first on DailyGuide Network
Dawda M. Hafisadeen, a former Chief Financial Officer (CFO) of the defunct Beige Bank, says the Bank of Ghana (BoG) declared his outfit insolvent without an opportunity of fair hearing. According to him, Beige Bank was denied the opportunity for explanation, despite being given 10 days to do so. Mr. Hafisadeen, now a lawyer, working […] The post BoG didn’t give Biege
As part of this year’s International Women’s Day celebrations, Stanbic Bank Ghana hosted a webinar focused on fostering a culture of inclusion in business operations. This initiative underscores the Read More... The post Stanbic Hosts Webinar On Inclusion appeared first on
Campaign Chairman of the New Patriotic Party (NPP) ahead of the 2024 general elections, Mr Dan Kwaku Botwe has said that the flagbearer of the NPP Vice President Dr Mahamudu Bawumia will soon meet the National Council of the party as part of the process to select his running mate for this year’s elections. He […] The post We’re not divided,
The post Oxfam Tax Dialogue: Is Ghana’s tax regime fit for purpose? appeared first on Citinewsroom - Comprehensive News in Ghana.
The post Anti-Gay Bill: Let’s not disrespect our culture and religion – Kabutey Ocansey appeared first on Citinewsroom - Comprehensive News in Ghana.
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that banking is a profitable business in Ghana. This explains the reasons why more investors want to move into the sector and inject their capital there, he said. Dr Addison said this while answering a question as to whether or not investors have […] The post Banking is a profitable business in Ghana – Governor Addison
The post Ghana’s Economy: We must admit that our economy is ‘Dollarized’ – Paul Eric Ofori appeared first on Citinewsroom - Comprehensive News in Ghana.
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
A Nigerian court on Tuesday sentenced a Chinese national to death after finding him guilty of killing his girlfriend, a government official told The Associated Press, vowing to recommend execution if he unsuccessfully appeals the ruling. Frank Geng-Quangrong was convicted by a local court in northern Nigeria’s economic hub of Kano state, Kano Justice Commissioner […] The post Nigerian
Eyewitness News, Tuesday, 26th March, 2024 The post Eyewitness News, Tuesday, 26th March, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
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
Kwahu Praso Rural Bank Limited has been ranked the Best Rural Bank and placed 40th at the 20th Ghana Club 100 Awards for the year, 2023. The award was received on behalf of the bank by the Human Resource Manager, Mr. Bright Mensah Amankwah, who later on presented it to the CEO of the bank, […] The post Kwahu Praso Rural Bank ranked best appeared first on
Dan Botwe addressing members of the campaign team The National Campaign Manager for the New Patriotic Party (NPP) flag bearer, Dr. Mahamudu Bawumia, Dan Kweku Botwe, has inaugurated the Read More... The post Bono, Bono East, Ahafo Bawumia Campaign
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
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 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
Ghana’s policy rate is one of the highest globally and can not be justified, therefore the Bank of Ghana (BoG) has a duty to slash it 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 post Ghana’s policy rate is one of the highest
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