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Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
The Locked-up Investment Holders Forum will hold a protest today, Wednesday, March 27, 2024, against the Bank of Ghana (BoG). The demonstration aims to urge the central bank to address the issue of investments trapped in BoG-regulated financial entities. In a statement, Dr. Adu A. Antwi, the group’s convener, announced that participants would gather at […] The post Locked-up
The Locked-up Investment Holders Forum (LIHF) is set to embark on a series of public protests aimed at pressuring the Bank of Ghana (BoG) to address its concerns regarding locked-up investments. The protests are scheduled to commence on Wednesday, March 27, 2024, and will recur every two weeks until the end of November 2024, unless […] The post Investment holders
The hosts of Yen Nsempa on Onua 95.1 FM Nana Yaa Brefo and Isaac Ekow JB together with their team organized a clean-up exercise at Ring road Busy Internet with Buzstop Boys, Crusaders of Change, and Zoomlion to clean the city. On the chosen day, volunteers gathered at the designated meeting point armed with brooms, […] The post Onua FM’s Y3n Ns3mpa team teams up
By Edna OBIRI As we bask in the unexpected warmth of recent weeks, it’s crucial to recognize that our weather patterns are sending a powerful message about the state of our planet. The unseasonably warm conditions we are experiencing are no mere glitch in the meteorological system but a stark reminder that now, more than […] The post Unraveling
– initiate and drive an internal framework supportive of customer thinking I know a utility that is constantly reneging on its services to clients in my locality, making life extremely difficult as the service disruption can last weeks. I have stopped calling the big man. Even though he was kind enough to share his contact […] The post Stepping
Producer Price Inflation (PPI) for the month of January 2024 increased marginally to 17.4% from the 16.6% recorded in December 2023. This rate indicates that between January 2023 and January 2024 (year-on-year), the PPI increased by 17.4 percent, representing a 0.8 percentage point increase in producer inflation relative to the rate recorded in December 2023 […] The post PPI
In a surprising turn of events, Majority Leader Osei Kyei-Mensah-Bonsu has tendered in his resignation with immediate effect, prompting anticipation of a significant reshuffle within the majority parliamentary leadership of Read More... The post Breaking
The first two months of 2024 have brought with them a decent level of activity in the domestic corporate bond market, with two notable issuances by Kasapreko, the indigenous beverage manufacturer, and Letshego, a financial services provider. Data from the Ghana Stock Exchange (GSE) show that the former has successfully raised GH¢103.75million through a senior […] The post Kasapreko,
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The Communications Officer of the National Democratic Congress, Sammy Gyamfi, has accused the Akufo-Addo-Bawumia government of institutionalizing corruption. Gyamfi’s assertion is grounded in the Corruption Perception Index (CPI), where he highlights a stark decline in Ghana’s performance over the last seven years. According to Gyamfi, Ghana achieved its best CPI score of 48 in 2014 […] The post Akufo-Addo
Yet again, we have scored 43 out of a possible 100 on the Corruption Perceptions Index (CPI). The results are disappointing. Yes, we did not slip. One will muse. Fair enough. But we did not progress either. We did not cross the threshold of an average mark. That is our reality. On the credit side […] The post Corruption and Justice, Where Does Ghana Stand -Special Prosecutor
Nigeria on Tuesday recorded an improved ranking in the Corruption Perception Index (CPI), moving five places up to rank 145 out of 180 countries assessed. According to the latest corruption index released by Transparency International (TI), the country also gained one point added to its previous 24, ending up scoring 25 out of the 100 […] The post Nigeria moves up in Corruption Index
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