Ghana cedi has been tagged by Bloomberg as the best performing currency against the US dollar this week. After being compared to some 150 currencies across the globe, the cedi emerged as the best performing currency against the dollar this week (for the past 5 days). Exchange rate: This …
Read More »PURC Ghana Ranked 4th In Africa Electricity Regulation Index (ERI) 2022
The Public Utilities Regulatory Commission (PURC), ranked fourth in the 2022 Electricity Regulatory Index (ERI) for Africa. This was made known when the African Development Bank (AfDB) and the World Bank (WB) on the Global Electricity Regulatory Index (GERI), launched the ERI report virtually on Thursday, December 8, 2022. Forty-three …
Read More »Hayford Siaw Appointed Member of the International Advisory Board of Book Aid International (BAI)
The Chief Executive of the Ghana Library Authority has been appointed as a member of the International Advisory Board of Book Aid International. Book Aid International, founded in 1954 is an international charity with headquarters in London. The charity provides books and supports libraries around the world. Every year, the …
Read More »Debt Exchange programme: Bank Of Ghana Announces Relief Packages For Banks
The Central Bank has moved to address any potential impact of government’s proposed debt exchange programme on banks. This is to help “preserve financial stability” for banks that will participate in the programme, according to the Bank of Ghana (BoG). In a statement, the Bank of Ghana encouraged all banks …
Read More »Ursula Owusu Sends Fresh Message Over SIM-Cards Registration
Communications Minister, Mrs Ursula Owusu-Ekuful, has said government will not relent on punitive measures against those who have failed to register their SIM Cards, using the Ghana Card. According to her, over eight million subscribers who started the process but are yet to complete the second phase have so far …
Read More »Be Sympathetic And Stop The Regressive Taxing – TJC-Ghana Tells Gov’t
The Tax Justice Coalition Ghana (TJC – Ghana) has lauded portions of the 2023 Budget Statement and proceeded to admonish the Government to adopt more progressive tax regimes to provide relief to the Ghanaian public. The Coalition lamented the continuous burdening of taxpayers by successive governments and the general lack …
Read More »Wontumi To Govt: Set Up Gold Bank
The owner of Akonta Mining Limited, Bernard Antwi-Boasiako, has called on all major gold mining firms to come together and endorse his proposal for a gold bank to be set up in Ghana just like farmers have an Agriculture Development Bank. In a keynote address delivered at a strategic mining …
Read More »Parliament Approves 2023 Budget Statement And Economic Policy
Parliament has approved the 2023 Budget Statement and Economic Policy despite opposition from the Minority on the revenue mobilization measures. The House has been debating the statement since November 29, after it was presented by the Finance Minister. During the final day of debate, the Minority group raised concerns about …
Read More »Ofori-Atta To Media: Be Cautious, We Are In This Together
Minister for Finance, Ken Ofori-Atta, has warned the media to be cautious and disseminate accurate information regarding the current economic crisis and its debt exchange programme to avert any unnecessary panic among investors. He said this during the launch of Ghana’s Domestic Debt Exchange programme on Monday, December 5. …
Read More »Drivers Union To Passengers: We Are Not Ready To Reduce Lorry Fares Now
The convener of the Association of Passengers in Ghana (APG), Madam Afia Kwarteng Asamani is demanding an immediate reduction in transport fares to reflect prices at the pumps. According to her, when there are fuel price hikes, the various transport unions increase and impose higher charges on passengers yet when …
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