When a person provides his or her legitimately or illegitimately acquired funds or assets for terrorist activities or organizations the person will be financing terrorism, the Bank of Ghana (BoG) has said. The central bank said financing of terrorism is a crime and is punishable by law therefore people should be careful they do not […] The post Becareful you do not
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
Asante Kotoko’s struggle continued as they endured a goalless stalemate against Bechem United on Saturday, extending their winless run to five games. Despite showing signs of improvement compared to their previous four defeats, the Porcupine Warriors couldn’t secure the much-needed victory. Despite their efforts, Asante Kotoko had to settle for a point. However, their standing […] The post Bechem
Ajax’s turbulent campaign hit a new low as they suffered a record 6-0 loss to rivals Feyenoord in the Eredivisie. Reigning champions Feyenoord recorded 30 shots to Ajax’s one as they scored three goals in both halves to earn a famous win in the Dutch ‘Klassieker’. It is the first time Ajax have lost a competitive […] The post Ajax suffer record 6-0 loss to rivals Feyenoord
Tammy Abraham made his first appearance since June as Roma claimed a 1-0 win over rivals Lazio at the Stadio Olimpico. The England striker, who suffered an anterior cruciate ligament injury 10 months ago, came on in the 79th minute. Gianluca Mancini’s header from a corner three minutes before half-time was enough to clinch the […] The post Abraham returns from injury as Roma beat Lazio
Arsenal maintained their pursuit of a first Premier League title for 20 years as they moved top of the table with an impressive away victory over Brighton. The returning Bukayo Saka, absent for Wednesday’s 2-0 victory over Luton with a minor injury, kept his composure under pressure to slam in a first-half penalty awarded for […] The post Arsenal maintain pursuit of EPL title
Liverpool squandered the opportunity to return to the top of the Premier League as they were held to a draw in another Old Trafford thriller with Manchester United. Liverpool only had a Luis Diaz strike to show for almost total first-half superiority in which they had 15 shots to none from United, whose manager Erik […] The post Late Salah penalty rescues Liverpool draw at Man United
Athletic Bilbao ended a 40-year wait to get their hands on the Copa del Rey as they beat Mallorca 4-2 on penalties. Dani Rodriguez gave Mallorca a 21st-minute lead at a sold-out La Cartuja. Nico Williams was Athletic’s lone bright spot in the first half, scoring a disallowed goal and also hitting the side netting, […] The post Athletic Club beat Mallorca in Copa del Rey final appeared
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
The Minority members in Parliament say the newly announced producer price of GH¢33.120 per ton, which translates into GH¢2,070 per bag, constitutes a paltry 25.47% of the world market price of cocoa. Once again, we wish to reiterate that this is a rip-off of our hard working cocoa farmers, as it constitutes the lowest percentage […] The post New cocoa price is a rip-off –Minority appeared first on
The Ghana Sports Movement, in collaboration with the Calvary Baptist Church of the Ghana Baptist Convention in Accra, has organised a thanksgiving service for Team Ghana following their successful Read More... The post Calvary Baptist Church
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
The team with the award Fidelity Bank Ghana has been recognised for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers Read More... The post Fidelity Bank Gets Gender Equality Recognition appeared first
Identical twins – Paula Malau-Aduli and Page wrote their names in gold in the Australian top flight league. The feat made the pair the first identical twins to officiate Read More... The post First Twins Rock Australian Football appeared first on DailyGuide
The Local Organising Committee (LOC) for the 2023 African Games has yielded to pressure from volunteers and agreed to pay them an allowance of GHC 1,000.00 each. This decision comes in response to fervent protests by volunteers who were left unpaid following the conclusion of the continental event. The volunteers, numbering over 1,000, had generously […] The post African
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […] The post Ghana’s
The Bank of Ghana (BoG) has revealed that it has reduced the scale of certain facilities in its controversial new head office, currently under construction. The BoG faced significant criticism over the construction of the new headquarters, with the Minority in Parliament demanding the removal or resignation of Governor Dr. Ernest Addison. Speaking before the […] The post Facilities
Eight members of a Ugandan music band have been arrested for complaining that the president's speech at the weekend was too long, local media report. The post 8 band members arrested for ‘insulting’ Ugandan President, Museveni first appeared on 3News.
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