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
Accra – 8 March 2023. Unilever Ghana’s skin cleansing brand, Geisha Soap, has reiterated its commitment to mothers and women, saluting the strength and resilience that these groups exhibit in their daily life. By adding the brand’s voice of support to women and female causes, Geisha Soap is continuing with its focus of being a […] The post Geisha Soap champions
The Importers and Exporters Association of Ghana (IEAG) has voiced its disapproval of Vice President Dr. Mahamudu Bawumia’s remarks regarding the Ghana Revenue Authority’s (GRA) operations. During a meeting with the Ghana National Chamber of Commerce and Industry, the Vice President raised issues about the GRA staff’s conduct, accusing them of harassing customers under the […] The post We’ll
Unilever Ghana PLC has appointed Mr Chris Wulff-Caesar as its new Managing Director. Mr. Wulff-Caesar’s appointment takes effect from April 1, 2024, as he takes over from Mr George Owusu-Ansah, The new Managing Director is an accomplished International Business Executive with 24 years of FMCG experience gained across various countries and is returning to Unilever […] The post Chris
The latest assessment of Ghana’s external sector developments shows that the country earned $2.8 billion from its major exports in the first two months of 2024. On a year-on-year basis, however, the value of exports did not see any significant growth from the same $2.8 billion posted as of February the previous year. The figure […] The post Ghana’s
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
A Tanzanian delegation was in the country to understudy the operations of the National Petroleum Authority (NPA) in the petroleum downstream sector. The five-day visit by officials from the Tanzanian Ministry of Energy and the fuel agency was focused on NPA”s effective regulation and administration of the petroleum downstream, which according to them, proved to […] The post Tanzanian
The latest data from the Bank of Ghana (BoG) has revealed that Ghana’s public debt climbed to a staggering GH₵610 billion as of December 2023. This figure reflects an Read More... The post Ghana’s Public Debt Hits
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
Speaking at a National Policy Dialogue organized by Women in Mining Ghana, in Accra on Thursday, March 21, the Minister for Lands and Natural Resources, Samuel Abu Jinapor, has expressed government’s unwavering commitment to partnering with Women in Mining Ghana and stakeholders across the industry to drive meaningful changes for a more inclusive and prosperous […] The post Lands
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
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
Opoku-Ahweneeh Danquah In a bold departure from traditional norms, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), is redefining leadership within the public Read More... The post Ghana’s Oil &
The value of the economy in 2023 stood at GHS841.6bn relative to GH¢ 614.3bn representing a GH¢227bn increase from the previous year. This was driven by the dominance of the services sector which contributed GH¢357.34 billion or 45.6% of Gross Domestic Product (GDP), followed by industry with GH¢247.941 billion (31.7% of GDP), and agriculture at […] The post Value
Some of the graduates The GNPC Foundation in collaboration with Aseda Foundation in the Western Region has supported the training of 64 youth from different parts of the Western Read More... The post 64 Youth Get GNPC’s Support appeared first on DailyGuide
In the wake of recent internet disruptions, the Ghana Revenue Authority (GRA) has been compelled to address concerns regarding the erroneous imposition of E-Levy on certain electronic transactions. According to the GRA, the interruption in internet connectivity impacted the real-time routing of electronic transactions to the Electronic Transfer Levy Management and Assurance System (ELMAS), prompting […] The post Internet
As part of efforts to deal with internal threats within state institutions, Makers and Partners (MAP), an accountancy firm has organized a one-day capacity building workshop for 10 internal auditors of the Environmental Protection Agency (EPA). The forensic investigation training being spearheaded by MAP aims at equipping the Internal Audit function with the requisite skills […] The post Makers
Shareholders of MTN Ghana have approved a total dividend of GH₵ 2.31bn for the 2023 financial year. This follows the recommendation of the Board for a final dividend of GH₵ 0.175 per0. share to reflect the robust performance of the company for the year. The total dividend for the 2023 financial year will be 0.225 […] The post MTN Ghana to pay ¢2.316bn as
The flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has affirmed his dedication to a strategic shift towards fostering business growth and private sector development, steering the Read More... The post Bawumia
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS