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
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
Before Alhaji Collins Dauda and Dr. Kwaku Agyeman-Mensah were respectively appointed as Minister for Works and Housing, an amount of US$80 million had already been invested into the Saglemi housing project. Mr Godwin Edudzi Tamakloe, Counsel for Agyeman-Mansah, told an Accra High Court, presided over by Justice Ernest Owusu-Dapaa, on Tuesday. He said the amount […] The post Collins,
The wife of former Black Stars midfielder, Emmanuel Agyemang Badu Regiatta Affua Arthur has earned a master’s degree from the University of Ghana Business School (UGBS). Mrs. Badu earned her Executive Master of Business Administration (EMBA) in Project Management on January 24, 2024. She took to social media to share her feat with followers […] The post Agyemang
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
Kwesi Arthur Rapper Kwesi Arthur has made a triumphant return to the music scene with the highly-anticipated release of #THISISNOTTHETAPEIII. This marks the latest instalment in his renowned “This Read More... The post Kwesi Arthur Bounces Back appeared first on DailyGuide
Arsenal star, Thomas Partey will not be at the 2023 Africa Cup of Nations together with other key personalities. In the official squad announced on Monday, January 1, 2024, Thomas Partey, Abdul Fatawu Issahaku and Abdul Baba Rahman are the key players who have not been named in the team for the Africa Cup of […] The post 2023 AFCON: Chris Hughton names 27-man squad
The Ghana Navy and the Narcotics Control Commission (NACOC), in collaboration with the Ghana Police, have arrested six persons over alleged narcotics. The operation conducted by the Ada Foah Detachment of the Ghana Navy Riverine Command, along with the Ghana Police also led to the seizure of 81 sacks of suspected marijuana. The team discovered […] The post Six
Dr. Ernest Addison The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that the Central Bank’s monetary policies with support from the Ministry of Finance have Read More... The post Economy Responding To BoG Policies – Addison appeared first
The inflation rate declined to 26.4% in November, a 19-month low, the Ghana Statistical Service has published.The Consumer Price Index (CPI) for November 2023 was 198.2 – relative to 156.8 for November 2022. The Ghana Statistical Service says food inflation was the major contributor to the decline in the rate of inflation. In November, food […] The post Inflation declines from 35% to 26% appeared first
Cassiel Ato Forson The Minority Caucus in Parliament has officially requested the presence of Dr. Ernest Addison, Governor of the Bank of Ghana (BoG), to receive their petition calling Read More... The post Minority Chases BoG Governor’s Removal appeared first on
The Head of the Local Government Service, Ing. Dr. Nana Ato Arthur, has asked that all local government staff aspiring for assembly positions in the upcoming District Assembly Elections, scheduled for December 19, should immediately resign from their positions if they emerge victorious. Nana Ato Arthur, who urged all Ghanaians to participate in the District […] The post Resign
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS