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
Business Continuity Management (BCM) and Disaster Recovery Plan (DR) are critical components of an organization’s overall resilience and risk management strategy. They play essential roles in ensuring an organization’s ability to continue its operations during and after disruptions, whether they are caused by natural disasters, cybersecurity incidents, or other unforeseen events. In this piece, I […] The post
A law to prohibit the payment of compound interest by the state in transactions entered into on her behalf by public officers, has been passed by Parliament and assented to by the President. The law, the contracts (Amendment) Act, 2023 (Act 1114), sponsored by the Attorney-General and Minister for Justice, Godfred Yeboah Dame in 2023, … The post Parliament passes law
More than one hundred structures were destroyed during a fire outbreak at Bubuashie Cable Wireless in Accra, last Friday. The inferno affected makeshift wooden structures, three vehicles, two metal containers, but no casualties have been recorded. Business owners who used the place as an abode and commercial purposes were displaced. When the Ghanaian Times got … The post Over
The Electricity Company of Ghana (ECG), Ashanti West Region, has commenced an exercise to retrieve monies owed the company by industrial and domestic consumers of electricity. The exercise is being undertaken in Abuakwa, Adum, Ahinsan, Bibiani, Danyame, Kokoben, Offinso and Suame. Consequently, the revenue mobilisation teams are visiting households, restaurants, hotels and state institutions to … The post Ashanti
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29 per cent. This comes as the International Monetary Fund (IMF) warned Central Banks to be careful when cutting interest rates as looser monetary policy could push inflation up further. This is the first time the BOG is maintaining the rate in […] The post BoG maintains policy rate at 29% appeared first on
King Charles III is “so proud of Catherine for her courage” in speaking about her treatment for cancer, Buckingham Palace has said. The King, who has been diagnosed with cancer himself, is in the “closest contact with his beloved daughter-in-law”, a short statement read. Support has poured in for the Princess of Wales, who described […] The post King hails
A leading member of the New Patriotic Party (NPP) in the Ashanti Region, Chairman Odeneho Kwaku Appiah (COCA) has expressed serious concern about the party’s unity and strategy for the 2024 general elections as the race for a running mate continues to threaten efforts. With the selection of Dr Mahamudu Bawumia as the party’s flagbearer […] The post Expedite
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
For two weeks, Tsholofelo Moloi has been among thousands of South Africans lining up for water as the country’s largest city, Johannesburg, confronts an unprecedented collapse of its water system affecting millions of people. Residents rich and poor have never seen a shortage of this severity. While hot weather has shrunk reservoirs, crumbling infrastructure after […] The post South
One person has reportedly died and another battling for his life following a chieftaincy dispute between two feuding factions at Gbengbani in the Yunyo-Nasua District of the Northeast Region. Over 40 houses and tractors, a tipper truck, motorbikes and many other properties worth thousands of Ghana Cedis were destroyed. More than ten people have also […] The post NER: 1 person dead in chieftaincy
The police in Sunyanihave arrested 26-year-old taxi driver for allegedly knocking down two pedestrians on the Sunyani-Abesim road, killing one of the victims. According to a police situational report, the crash occurred when the suspect, Gilbert Adika, was driving a Toyota Vitz taxi cab with registration number GR7260-23, from Abesim to Sunyani. A report made … The post Cabbie
The Gbetseley Circuit Court, in Kpone Katamanso Municipality, has sentenced four robbers to 20 years imprisonment each, for robbing an Okada rider of his motorcycle and stabbing him to death. The convicts, Prosper Amegashie, Jamel Ahmed, Bilal Mohammed and Martin Victor Agba, pleaded not guilty to two counts of conspiracy and robbery. But, Mrs Eleanor … The post 4 jailed 80 years for
The Madina District court has discharged Mam Yandey Joof, the lady standing trial over the alleged murder of her boyfriend Benett Agyekum Adomah alias Kikibee. The post Kikibee CEO’s death: Court finds girlfriend not guilty of murder first appeared on 3News.
The selection of running mates in Ghana’s political landscape holds immense significance, akin to the election of flagbearers. While achieving a proper balance on the ticket is crucial for the electoral success of the party, it is noteworthy that, traditionally, this role has been predominantly filled by men in major political parties in Ghana. Decisions […] The post Breaking
Kwaku Kwarteng, Chairman of the Finance Committee of Parliament and MP for Obuasi West has attributed Ghana’s current economic crisis to decades of reckless public expenditure and mismanagement by successive governments. In an interview with Accra-based JoyNews, the Obuasi West legislator noted that COVID-19 and Russia’s invasion of Ukraine are not solely responsible for the […] The post Kwaku
Residents of Blue Top Estate in Kasoa in the Central Region managed to rescue a young boy who was nearly kidnapped. The post Kasoa residents rescue 8-year-old from suspected ritual killing first appeared on 3News.
The trial of three persons accused of embezzling GH¢382,221 belonging to Christian Pentecostal Church will begin on Monday, March 18, at the Circuit Court. They are Jospeh Acheampong, a Consultant/Manager, Kenneth Osei-Ansong, Recovery Officer, and Esther Ofori, a Cashier at Christian Pentecostal Church. The three, who have been charged with conspiracy and stealing of depositors’ … The post 3
A closed Circuit Television (CCTV) at a hotel in Accra, has allegedly exposed two prison wardens, who aided a Chinese inmate, Wang Xiao, serving one year sentence to escape from the Nsawam Maximum. This came to light when Sergeant Joseph Oteng and Sergeant Isaac Boateng Bonsu appeared before the Accra Circuit Court charged with conspiracy … The post CCTV exposes 2 prison
Three Chinese and a Ghanaian have been granted bail for allegedly assaulting two Chinese in Bolgatanga, in the Upper East Region. Pan Young, Li Sonfeng and Ran Xiaojun, the Chinese, and the Ghanaian (name unavailable) have been granted a total of GH¢160,000 when they appeared before the Circuit Court in Bolgatanga. They all pleaded not … The post 4 granted GH¢160,000 bail
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