Headline inflation is expected to ease between13% to 17% by the end of 2024, according to the Bank of Ghana (BoG). The Central Bank says the expectation was as a result of inflation declining sharply by more than 30% in the course of 2023. It is also expected to trend back gradually to within the […] The post 2024 expected to end with at least 13% inflation -BoG appeared first on The
Kelvyn Boy Afrobeats sensation Kelvyn Boy has taken to social media to encourage his fans to quit drugs, making it clear that he has personally chosen to give up Read More... The post I’ve Quit Drugs- Kelvyn Boy appeared first on DailyGuide
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Ghana’s economic tapestry is rich yet challenged, marked by intricate financial dealings and the need for strategic manoeuvering. One such example is the GRA-SML deal, reflecting the complexities Ghana faces. Amid these economic intricacies, entrepreneurship education emerges as a beacon of hope, offering more than just employment opportunities, but a pathway to holistic economic rejuvenation. […] The post
Mine workers of the Future Global Resources Bogoso-Prestea Mines (FGR) are demonstrating against what they say is the mismanagement of the mine, which they claim has affected productivity and the payment systems of workers. The General Secretary of the senior staff union of FGR Bogoso-Prestea Mines, Samuel Kumi Manu, and other workers, speaking to Citi […] The post FGR
Que seria la desigualdad adentro relativo a Meetic desplazandolo hacia el cabello diversos aplicaciones? ?Por que seria bueno Meetic? Adentro acerca de 2005 desplazandolo hacia el pelo 2010 mas en 200,000 parejas se han acreditado, gustado desplazandolo hacia el pelo Jamas ha transpirado casado debido a Meetic desplazandolo hacia el cabello, En Caso en Que […]
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President Nana Addo Dankwa Akufo-Addo has said processes have begun toward the implementation of a visa-free regime for all Africans to the country. He emphasised that he is committed to completing the free visa process before the end of his term as President early next year. “The government of Ghana is committed to ensuring visa-free […] The post We
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
With over 60% of Ghana’s population living in rural areas, developing rural education to propel national development should be a reason d’ȇtre. Ghana’s rural development requires critical attention. The usual pittance thrown to rural dwellers particularly during electioneering periods are cardinal sins that political parties must desist from and rather pursue lasting solutions to the […] The post
The Bank of Ghana (BoG) has lowered its monetary policy rate by one per cent. In effect, the rate that commercial banks use as a reference for lending has been reduced from 30 to 29 per cent after six months. The rate has remained at 30 per cent since July 2023 to keep inflation under […] The post BoG reduces policy rate to 29% appeared first on Citinewsroom
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has alleged that the Youth and Sports Ministry budgeted an estimated $8.5 million, equivalent to GH¢105 million, for the 2023 Africa Cup of Nations. According to the MP, the government and the Ghana Football Association (GFA) have tried to conceal the budget for the country’s […] The post Govt
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has alleged that the Youth and Sports Ministry budgeted an estimated $8.5 million, equivalent to GH¢105 million, for the 2023 Africa Cup of Nations. According to the MP, the government and the Ghana Football Association (GFA) have tried to conceal the budget for the country’s […] The post Govt budgeted
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The General Transport, Petroleum, Chemical, and Workers’ Union of the Trades Union Congress has threatened a sit-down strike if the government fails to reinstate its two interdicted executives. The union had earlier demanded the removal of three board members from the Tema Oil Refinery, alleging compromise in the ongoing lease arrangement between the refinery and […] The post We’ll
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