The Bank of Ghana (BoG) says it remains committed to promoting a sound and resilient banking sector that retains the trust and confidence of the general public. The central bank said this while announcing that it has appointed Dr. Joseph O. France as an Advisor to advise the management of Universal Merchant Bank LTD (UMB) […] The post Bank
Zoomlion Ghana Ltd., as part of its corporate social responsibility, has made a cheque donation of GHC25,000 to support the treatment of 8-year-old Akua Ankumah. Akua has been diagnosed with Acute Lymphoblastic Leukaemia (ALL) and is currently at the Korle-Bu Teaching Hospital receiving treatment. She needs urgent care for a bone marrow transplant and other […] The post Zoomlion
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […] The post
Arsenal midfielder Thomas Partey has shared the challenges he faced during his prolonged injury layoff, spanning nearly five months, as he edges closer to full fitness. Partey, a key figure for both Arsenal and the Black Stars of Ghana, endured a frustrating period characterised by limited appearances, making just six Premier League outings for the […] The post Injury setbacks have been tough for
Black Stars head coach Otto Addo has admitted his side has a discipline problem that needs to be addressed going forward. Ghana picked up three red cards and five yellow cards in two friendly matches against Nigeria and Uganda. Jerome Opoku, Mohammed Salisu, and Alidu Seidu all saw red for dissent towards referees. Addo believes […] The post Otto Addo vows to tackle
In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed “Anticipate and Effectively Manage Market Risk,” aimed to provide insight into the current macroeconomic climate, highlighting potential market risks and outlining risk management solutions. […] The post Absa
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the security agencies to play their role in the fight against cross-border illegal transfers. He says that there is nothing the central bank can do about it if the security agencies do not help. Dr Addison indicated that although the Bank hears rumors […] The post If the
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
Black Stars coach Otto Addo has recognised the formidable challenge of rebuilding the Ghanaian national football team, highlighting the adverse conditions he encountered upon assuming his role. After overseeing his first two matches in charge against Nigeria and Uganda, Addo reflected on the team’s current state and the challenges faced in restoring it to its […] The post We
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the state security agencies to assist the bank in dealing with reports of cross-border illegal transfers. He says that although the Bank hears rumors of these illegal transfers, it is not taking the matter lightly. Dr Addison said these while answering a question […] The post Bank of Ghana prepared
Thomas Ishmael Adjei Fidelity Bank Ghana, a leading advocate for financial inclusion, took a centre stage role in empowering young minds at the just ended 13th African Games. The Read More... The post Fidelity Bank Empowers Youth At African Games appeared first
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
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
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
Jordan Ayew has reaffirmed the steadfast commitment of himself and his older brother Andre Ayew to the Black Stars cause. The Ayew brothers, mainstays in the Ghanaian national team for over a decade, have vowed to continue fighting for their country till the end. Speaking ahead of the Black Stars’ upcoming friendly match against Uganda, […] The post We will always fight for
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 Black Stars of Ghana will be seeking their first win after seven games when they take on the Cranes of Uganda on Tuesday in Marrakech, Morocco. The match, scheduled for Tuesday at 16:00 GMT, marks the culmination of the March international friendlies for both sides. Ghana will enter the to achieve redemption having lost […] The post Black Stars seek first win in 7 games in Uganda
The Central Bank announced Monday it has decided to adjust the Cash Reserve Ratio (CRR) for banks. Governor of the Bank of Ghana and Chairman of the Monetary Policy Read More... The post BoG Adjusts Banks’ Cash Reserve Ratio appeared first on DailyGuide
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
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