The Masloc team Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Hajia Abibata Shanni Mahama Zakariah, was named one of the continent’s top 50 most influential Read More... The post MASLOC CEO Honoured For Driving SMEs Devt appeared
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
The NPA management with the team from Tanzania The National Petroleum Authority (NPA) has hosted a Tanzanian delegation on a working visit to the country’s downstream petroleum sector. The Read More... The post Tanzanian Energy Regulators Understudy NPA appeared
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
The Chamber of Petroleum Consumers (COPEC) has expressed concerns about the recent increase in the number of the reconstituted Tema Oil Refinery Board. President Akufo-Addo, in a letter dated March 18 and under the hand of Nana Bediatuo Asante, Secretary to the president, announced the reconstitution of the board of the Tema Oil Refinery (TOR) […] The post Increased
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
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
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
Member of Parliament for Akwapim South, Osei Bonsu Amoah has condemned remarks by the Speaker of Parliament Alban Bagbin against President Nana Addo Dankwa Akufo-Addo. The Speaker suspended the approval of ministerial nominees on Wednesday following a presidential letter urging Parliament not to transmit the anti-gay bill for assent due to two Supreme Court interlocutory […] The post Anti-gay
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
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