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
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’
The Minority in Parliament has raised concerns and criticized President Akufo-Addo for the delay in addressing the KPMG report on the audit of the revenue mobilisation contract between the Read More... The post Minority Fights President Akufo-Addo
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
President Nana Addo Dankwa Akufo-Addo has taken decisive action by dismissing Daniel Noble Awuley from his role as the Municipal Chief Executive (MCE) of the Hohoe Municipal Assembly. The Read More... The post President Akufo-Addo Sacks Hohoe MCE,
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
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
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
When the announcement of Ghana hosting the African Games hit the airwaves, there were many questions. The major one was “Can Ghana do it?” and so it began. The opening ceremony was colourful, a rich cocktail of Ghana’s heritage and pride. Ghana had opened its doors and welcomed 5000 athletes who had come to compete […] The post From setbacks to success: 2023 African Games
Dr. Yaw Adutwum (left) presenting a citation to President Akufo-Addo (2nd from left), with them is Vice-president Dr. Mahamudu Bawumia (right) The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) administration yesterday Read More... The post Nana Gives One Student, One Laptop appeared
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
Dr. Ernest Addison, Governor of Bank of Ghana The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29% following a review of some developments in Read More... The post Policy Rate Remains 29% appeared first on DailyGuide Network
The Member of Parliament of the Bongo constituency and member of the Mines and Energy Committee, Edward Bawa, has stated that thegovernment has not made any intervention in the energy sector of the economy. The Bongo legislator said this in an interview with Alfred Ocansey, host of TV3’s Ghana Tonight programme on Monday, March 25. […] The post Gov’t has made no intervention
Dawda M. Hafisadeen, a former Chief Financial Officer (CFO) of the defunct Beige Bank, says the Bank of Ghana (BoG) declared his outfit insolvent without an opportunity of fair hearing. According to him, Beige Bank was denied the opportunity for explanation, despite being given 10 days to do so. Mr. Hafisadeen, now a lawyer, working […] The post BoG didn’t give Biege
As part of this year’s International Women’s Day celebrations, Stanbic Bank Ghana hosted a webinar focused on fostering a culture of inclusion in business operations. This initiative underscores the Read More... The post Stanbic Hosts Webinar On Inclusion appeared first on
Bawa Fuseini, the President of Ghana Athletics, has revealed that Ghana has received an invitation to bid for the hosting rights of the 2026 African Athletics Championships. The African Championships in Athletics is a prestigious continental sporting event overseen by the Confederation of African Athletics (CAA), serving as the apex governing body for athletics in […] The post We’ve
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that banking is a profitable business in Ghana. This explains the reasons why more investors want to move into the sector and inject their capital there, he said. Dr Addison said this while answering a question as to whether or not investors have […] The post Banking is a profitable business in Ghana – Governor Addison
Nigeria international Alex Iwobi has labelled Ghana’s exit at the 2023 Africa Cup of Nations (AFCON) as shameful. The Black Stars despite high hopes of averting their previous dismal performance at the 2021 AFCON failed to impress once more. Ghana, despite entering the competition with high hopes of redemption following their lackluster performance in the […] The post Ghana’s AFCON exit was
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