The Minister of Communications and Digitalization, Ursula Owusu-Ekuful, has expressed scepticism regarding the passage of the Affirmative Action Bill in the next parliament. She attributed this uncertainty to the delayed efforts in stakeholder advocacy. Speaking at the Women in Governance National Dialogue on the theme, ‘Movement building towards equal playing field: Women’s inclusion and participation […] The post Calls
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
Cecilia Dapaah The Office of the Attorney General has withdrawn an application seeking to restrict Patience Botwe and Sarah Agyei, the two former housemaids of Cecilia Dapaah, former Minister Read More... The post Move To Freeze Dapaah’s Maids Properties
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
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Nigeria is currently saddled with a crisis related to the challenges posed by its currency, the Naira. He said this is similar to what Ghana went through in 2022 when inflation kept rising, coupled with the rapid depreciation of the Cedi. Reuters […] The post Naira woes: Nigeria going through
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
Ghanaian Blogger, Bongo Ideas has revealed the ordeal he experienced when he was arrested by some men who masqueraded as police officers. The post ‘They pointed a gun to my head and asked me to say my last prayers’ – Bongo Ideas speaks on his arrest first appeared on 3News.
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 Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, concluded her visit to Ghana on Monday, 18th March, 2024, following two days of productive engagements. Dr. Ernest Addison, Governor of the Bank of Ghana, bid farewell to the IMF MD, alongside the First and Second Deputy Governors of the bank and the IMF […] The post IMF MD departs
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
Prof Kyei (middle) with Dr. Emmanuel K. Ireland, Chairman of the Community Practice Pharmacists Association (right), and Ebenezer Bediako, a director, ECL (left) with the new product Ghana’s leading Read More... The post Ernest Chemists Launches Prostenal For Men
Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024. This concern has been prompted by revelations made by Benjamin Kpodo, the Member of […] The post Parliament
Economist and senior lecturer at the University of Ghana, Dr. Adu Owusu Sarkodie, has stated that a consistent decline in inflation has resulted in drastic price reductions as the economy continues a steady rebound. Speaking on TV3’s Ghana Tonight programme on Monday, March 18, Dr. Adu Sarkodie pointed out that there have been improvements in […] The post Reduction
Parliament is seeking to drag the Minister for Communications and Dgtialisation, Ursula Owusu-Ekuful onto the floor of parliament to brief the house on the national telephony and data outage affecting mobile phone users across the country. MP for North Tongu, Samuel Okudzeto Ablakwa made the application for the sector Minister to be summoned. “This will […] The post Ablakwa
Members of Parliament are demanding the summoning of the Minister for Communications and Digitalization, Ursula Owusu-Ekuful to brief the House on Monday, March 18, 2024, on the disruption in mobile network services across the country. The National Communications Authority (NCA) alerted the public on Thursday March 14, 2024, about multiple undersea cable disruptions that had […] The post MPs
The Ministry of National Security has strongly denied arresting controversial social media commentator Albert Nat Hyde, popularly known as Bongo Ideas. Reports purportedly suggested that Bongo Ideas was arrested on Thursday, March 14, 2024, in his house in Accra by the police and operatives of the National Security. But the Ministry of National Security in […] The post National
The Chief Justice, Gertrude Torkornoo, has issued a directive to all judges regarding the handling of cases by police prosecutors. This directive is in response to a letter from the Attorney-General, Godfred Yeboah Dame, which stated that police prosecutors are now limited to prosecuting cases with a monetary value not exceeding GH¢500,000. The Attorney-General’s letter […] The post Police
The Otumfuo Foundation, in partnership with Newmont Gold and Coral Reef hub, has commissioned an AI Laboratory for St Peters’ Prim/JHS at Wioso, in the Ahafo Ano South West District of the Ashanti region. The Smart Lab is expected to serve as the springboard for the youth to dive into the ever-changing world of technology, […] The post Otumfuo Foundation commissions Smart AI Laboratory
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