Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has explained why the local currency, the Cedi depreciated against the major trading ones, the Dollar, Pounds, and Euros, at a time when the local economy was expanding. Recently, the Government Statistician, Professor Samuel Kobina Annim announced that Ghana’s economy grew by 2.9% in 2023, […] The post Addison
The Minister of Finance, Dr. Mohammed Amin Adam, has said the Cedi has been largely stabilised since early 2023 against the major trading currencies. According to him, the cedi cumulatively Read More... The post Cedi Largely Stabilised Since 2023 appeared first on
Millions of Americans’ online accounts have been caught up in a “sinister” Chinese hacking plot that targeted US officials, the justice department and FBI said on Monday. Seven Chinese nationals have been charged with enacting a widespread cyber-attack campaign. They are accused of ties to a hacking operation that ran for 14 years. The US […] The post Millions
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
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday morning after it was struck by a large ship, according to video obtained by CNN. It is unclear if anyone was injured. Maryland Transportation Authority (MTA) says all traffic is being detoured. CNN has reached out to Baltimore City Fire Department for additional information. The 1.6-mile, four-lane […] The post Francis
The foreign exchange market though came under some seasonal pressures in February and early March this year, the local currency continues to recover its value. According to the Bank Read More... The post Cedi Continues To Recover Value appeared first on DailyGuide
The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […] The post $3bn
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
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
As part of efforts to help solve sanitation issues at Ejisu RC School, the Antwi Mensah and Family Foundation has commissioned a 15-seater toilet facility for the Junior High School, Primary and the KG including washrooms. The facility comprises a common shower for the kindergarten as well as changing rooms for both male and female […] The post Antwi
In Akyem, the Learnership Trainee Programme has been instrumental in providing young people with the skills needed for building careers in mining. Launched in November 2015, the initiative is part of Newmont’s effort to contribute to the local community by training youth in operational and employable skills. As the programme entered its eighth (8th) year […] The post
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
Niger’s military government announced that it has ended an accord with the US that allowed military personnel and civilian staff from the Department of Defence to operate in Niger – days after holding high-level talks with US diplomatic and military officials this week. “The government of Niger, taking into account the aspirations and interests of […] The post Niger
In a bid to address the pressing issue of unemployment and bolster the country’s development, the government has launched the Ghana Apprenticeship Programme. The initiative, supported by funding from the government of Ghana, the World Bank, and the German government, aims to revolutionize skills training and employment opportunities for Ghanaian youth. With a targeted goal […] The post Govt
Citi News’ Nana Tuffour Boateng has been named among 20 journalists selected for a 10-day multi-regional International Reporting Tour entitled “Democracy is More than Election Day” The tour which the Washington Foreign Press Centre organizes for journalists from all geographic regions will take place from March 12- 21, 2024. The tour aims to provide a […] The post Citi
Donald Trump has challenged Joe Biden to TV debates, as the rivals hurtle towards a White House rematch following their sweep of the Super Tuesday votes. The Republican said he would take part in a TV forum with the Democratic president “anytime, anywhere, anyplace” posting online in all capital letters. Mr Biden’s campaign said Mr […] The post Trump
Nikki Haley is suspending her presidential campaign, making Donald Trump the last Republican left in the race. It comes after President Joe Biden and Trump swept the state primaries that were held on Super Tuesday, making a White House rematch between them even more likely. Biden won Democratic nominating contests in 14 states – plus […] The post Haley
By Roselyn Fosuah ADJEI Over the past few years, intense media scrutiny has prompted a growing number of companies to pursue high-quality carbon credits. Seeking to avoid accusations of ‘greenwashing’, many of these firms are no longer content with merely offsetting their emissions and have been actively seeking credits that deliver tangible benefits to local […] The post Carbon
The US Supreme Court has struck down efforts by individual states to bar Donald Trump from running as a presidential candidate for November’s election. Justices unanimously overruled Colorado’s decision to disqualify Trump from the Republican primary ballot. Judges in the state had cited an anti-insurrection clause in the US Constitution to ban Trump; similar attempts […] The post US
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