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 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
By Emmanuel ACQUAH-SAM (Ph.D.) I write this article about a national cathedral for the God of Heaven and Earth with deep solemnity and humility. Since President Nana Akufo-Addo Danquah announced his intention to build it, the cathedral has been the subject of sacrilegious discussions domestically and internationally. For many, the point of contention has been […] The post The
Abubakar Kamoko, the son of retired Ghanaian boxer Bukom Banku, has etched his name in history at the recently concluded 2023 African Games by securing a silver medal, surpassing his father’s achievements from 25 years ago. Competing in the fiercely contested 86kg cruiserweight category, Kamoko initially secured his place in the semifinals with an outstanding […] The post African
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
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
The Bank of Ghana (BoG) has a duty to slash its Policy Rate (PR) 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 rate drastically will trigger a decline in the ‘artificially high’ lending […] The post Cut policy rate drastically – Economist tells Bank
The President, Nana Addo Dankwa Akufo-Addo, has launched a book chronicling Ghana’s experience with the novel Corona virus. The launch of the book was held on Wednesday, March 20, 2024 at the College of Physicians and Surgeons in Accra. Authored by the Minister for Health Designate, Dr. Bernard Okoe Boye, the book is titled Fellow […] The post Akufo-Addo launches Okoe Boye’s Fellow Ghanaians
Insurance is critical to any economy, providing individuals and businesses with financial protection and peace of mind. Like other countries, Ghana’s insurance industry has been evolving, but it has immense potential to benefit from creativity. By embracing creative thinking and innovation, Ghana’s insurance sector can enhance its product offerings, accessibility, and overall impact. The current […] The post
The just-ended Africa Cup of Nations lived up to the hype for many stakeholders, including Ghana’s Juliet Bawuah. The well-respected Juliet was recruited by the continental governing body, Confederation of African Football (CAF), to perform Venue Editor duties. And, just as she has done in previous engagements, this, too, she rose to the occasion – […] The post Juliet
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
By Paul BEGUR In the world of business, particularly, in sectors such as construction, energy, infrastructure, mining and manufacturing, a key position we often hear about is that of a “project manager” and or “project developer.” Most often, observe that, irrespective of the sector or the nature of the project in question we tend to […] The post Project
Stephen Asamoah Boateng presenting certificate to one of the winners The Ghana Culture Forum (GCF) has commended GCB Bank PLC’s support towards the 2024 Ghana Culture Week. Chairpersonof the Read More... The post Ghana Culture Forum Lauds GCB Bank appeared first on
The Deputy Agriculture Minister, Mr. Yaw Frimpong Addo, highlighted the government’s commitment to bolstering the agricultural sector during his address at the opening of the third edition of the Agritech West Africa exhibition, alongside Food & Beverage Ghana and FoodPack Tech Ghana exhibitions. Emphasizing the importance of private sector involvement, Mr. Addo stressed the significance […] The post
Auto Show, Thursday, 21st March, 2024 The post Auto Show, Thursday, 21st March, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
In the ensuing piece, l will be using lots of materials from Wilkinson et al. Evolving Management of Low-Density Lipoprotein Cholesterol: A Personalised Approach to Preventing Atherosclerotic Cardiovascular Disease Across the Risk Continuum. J. Am. Heart Assoc 2023. Cardiovascular disease (CVD) is a leading cause of death globally. In 2020, CVD resulted in about 19 … The post Reducing
The African Continental Free Trade Area (AfCFTA) presents considerable opportunities for the evolution and monetization of Africa’s trading sectors[1]. Upon full implementation and ratification by member states, this trade agreement will establish a cumulative market encompassing 1.3 billion individuals across 55 countries, boasting a collective GDP of approximately USD 3.4 trillion. The AfCFTA has been […] The post
By Clara ADADE Social trends are changing; environmental issues are constantly increasing; day-in-day out, the public expect some sort of accountability and good governance practice from the Companies whose operation create environmental and social challenges. This is what birthed ESG reporting. ESG in itself stands for Environmental, Social and Governance and represent pillars that are […] The post
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