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
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for the TEF Entrepreneurship Programme. This new cohort brings to 20,000 the number of young African entrepreneurs who have received funding, mentoring, and capacity-building support from the Foundation, double … The post Tony
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 29 per cent, citing economic stability. The policy rate is the rate at which the BoG lends to commercial banks. Dr Ernest Addison, the Governor and Chairman of the MPC, who disclosed this in Accra yesterday after the … The post BoG maintains policy rate at 29% appeared first on Ghanaian
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
Nana Amoasi VII, the Executive Director of the Institute for Energy Security (IES), has stated that Energy Minister Dr. Matthew Opoku Prempeh’s response to individuals advocating for the issuance of a load-shedding timetable by the Electricity Company of Ghana (ECG) to publish their own proposed schedules is a reflection of government’s overall view on Ghana’s power […] The post ‘Dumsor’
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
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
The Flagbearer of the New Patriotic Party (NPP), Dr Mahamudu Bawumia has pledged to provide 2,000 megawatts of solar power which is half of Ghana’s electricity needs when voted into power. He made this promise during an engagement with members of the informal sector through a forum organized by the Council of Indigenous Business Associations. […] The post 2024
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
Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has said that one of his key policies to boost indigenous business community is to formalise them and be recognised by government. Speaking at a consultative meeting with members of the Council of Indigenous Business Association of Ghana (CIBA) in Accra on […] The post Formalising indigenous
The Minority in Parliament has strongly condemned Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), for his recent remarks regarding the revenue mobilization methods employed by the Ghana Revenue Authority (GRA). According to the National Democratic Congress (NDC) MPs, Dr. Bawumia’s comments hold no substance, especially given his position as the Vice […] The post Bawumia
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
Ebo Taylor (right) receiving his citation from the organisers The Department of Music Education, School of Creative Arts at the University of Education, Winneba (UEW), has recognised and honoured Read More... The post UEW Honours Ebo Taylor appeared first on DailyGuide
Member of Parliament for Agona East Queenstar Mame Pokuah Sawyer has met with Okada riders within her constituency to address pertinent issues worrying their operations. The Member of Parliament, through a community dialogue series engaged Okada riders, mostly from Agona Kwanyako, Duakwa, Asafo and surrounding communities to find ways to address pertinent issues such as […] The post Okada
The Public Relations Officer for the Ministry of Education, Kwasi Kwarteng has disclosed that under the Ghana Smart School Project initiative, Senior High School students will have the liberty to take their tablets home to use for educational activities. This move, he says aims to foster a consistent learning environment for SHS students throughout their […] The post Ghana
The Ministry of Energy has provided clarification on recent remarks made by the sector minister, Dr. Matthew Opoku Prempeh, regarding the release of a timetable for ongoing power outages. In a press release issued on Tuesday, March 26 by the Minister’s spokesperson, Kofi Abrefa Afena, Dr. Opoku Prempeh was simply stating facts. During the inauguration […] The post Energy
In a typical meeting of parliamentarians of the Parliament of Ghana, there are several procedures that take place. One of the initial steps is the roll call, where the names of the members are called out to establish their presence. This helps to ensure that quorum, the minimum number of members required for the meeting […] The post A Chamber of Dreams and Risks: Ghana’s
Selorm Adadevor MTN Ghana recorded GH¢ 2.9 billion representing 48.8% increase in its mobile money revenue for 2023. Chief Executive of MTN Ghana, Selorm Adadevor who made this known Read More... The post MTN Records 48.8% MoMo Revenue appeared first on DailyGuide
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