Finance Minister Dr Mohammed Amin Adam has said that the government recognizes that significant steps must be taken to improve the business environment in Ghana. He noted that Ghana is still one of the best destinations on the continent for the private sector to thrive. Dr Amin Adam said this while inaugurating the Ghana Mutaul […] The post Ghana is still one
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
A member of the Mines and Energy Committee of Parliament and MP for the Bongo constituency, Edward Abambire Bawa, has expressed disappointment over the comments made by Energy Minister Matthew Opoku Premspeh. The Energy Minister, whilst responding to reporters on the current state of power supply in the country and the calls for a load-shedding […] The post Load-shedding timetable:
The Minister of Youth and Sports, Mr Mustapha Ussif, has expressed gratitude to the President, Nana Akufo Addo, and all stakeholders of the just ended African Games hosted in Ghana. He said it was important to thank the president for the confidence and trust he had in the ability of the Local Organising Committee (LOC) … The post Sports Minister thanks all for African Games success
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
Asante Kotoko lost yet again at home as they conceded a first-half goal to lose 1-0 to Nations FC on Matchday 23 of the Ghana Premier League. Asamoah Boateng Afriyie scored the match winner inside 45 minutes to give his side all the points at the Baba Yara Sports Stadium. Asante Kotoko went into the … The post Nations FC worsen Asante Kotoko plight …RTU halt Accra Lions
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
Violence and insecurity could worsen in South Sudan after one of its key oil pipelines to international markets, which passes through neighbouring Sudan, was damaged last month, according to experts. The incident occurred in early February in Sudan’s White Nile state, prompting the Dar Petroleum Oil Company to suspend loadings. The rupture happened in an […] The post South
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
Dani Alves Former Brazil footballer Dani Alves has been released from prison after making the €1 million ($1.08m) bail payment required as he awaits the result of an appeal Read More... The post Dani Alves Released After Posting €1m Bail appeared first on
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
Dr Kwaku Ofosu Asare, chairman of the Local Organizing Committee for the recently concluded 2023 African Games, has conceded that Ghana could have better prepared its athletes for the competition, potentially leading to even greater success in the medal tally. Despite Ghana’s commendable achievement of securing 68 medals at the games, including 19 gold, 29 […] The post African
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
A colorful ceremony was held on March 23 to bring the 13th African Games to a befitting end. It had been three weeks of drama, cheers, and new records broken as Ghanaians and other Africans witnessed back-to-back showdowns in Accra and Cape Coast. About 5000 athletes from 50 countries competed in 29 disciplines; a record […] The post 2023 African Games: Key takeaways from 13th edition
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