Senegal’s parliament voted to hold a postponed presidential election on 15 December in the face of a public outcry over the decision by President Macky Sall to postpone the elections due later this month. The decision threatens to tarnish Senegal’s reputation as a bastion of democratic stability in a region swept by coups. Riot police fired tear […] The post Senegalese
Police in Senegal cracked down on protests in the capital Dakar and at least one senior opposition figure was arrested a day after President Macky Sall announced the indefinite postponement of the presidential election scheduled for February 25. The European Union on Sunday said the postponement opens a “period of uncertainty”, and the United States […] The post Police
Senegal should end “uncertainty” created by President Macky Sall’s announcement that an election scheduled for February 25 would be postponed indefinitely, France said Sunday, calling for a vote “as soon as possible”. “We call on authorities to end the uncertainty about the electoral calendar so the vote can be held as soon as possible, under […] The post France
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
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
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
James Maddison is back in training with Tottenham after two-and-a-half months out injured. The midfielder picked up an ankle issue during Spurs’ 4-1 loss to Chelsea on November 6, and was substituted at half time with manager Ange Postecoglou revealing the news after the match. There were concerns Maddison was facing a lengthy injury lay-off, but he seems set to return to action around three […] The post Maddison
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
Vice President Dr. Mahamudu Bawumia has announced the national kick-off of the BizBox project by the Ghana Enterprises Agency and Mastercard Foundation. The initiative, with a budget of USD 55 million, aims to foster entrepreneurship, empower the youth and create a substantial number of jobs across the nation. Addressing the audience at an event at […] The post Bawumia drops another jackpot appeared first on
Black Stars head coach Chris Hughton has been relieved of his duties. This was announced in a short statement issued by the Ghana Football Association late Tuesday evening. “The Ghana Football Association wishes to announce that Chris Hughton has been relieved of his duties as head coach of the senior National team with immediate effect,” […] The post Black Stars head
Kwesi Yankey The New Patriotic Party (NPP) aspiring parliamentary candidate for Ahanta West Constituency in the Western Region, Kwesi Yankey says he is poised to put in measures to Read More... The post ‘I Want To Transform Local Economy’ appeared first on DailyGuide
Jordan Ayew Black Stars striker Jordan Ayew has expressed his frustration following Ghana’s loss to Cape Verde in their first match of the 2023 Africa Cup of Nations (AFCON). Read More... The post ‘We Lacked Concentration’ appeared first on DailyGuide
The Canoe and Fishing Gear Owners Association of Ghana (CaFGOAG), an affiliate of the National Union of Teamsters and General Workers (NUTEG of GFL), a trade union organization, has deployed life jackets to artisanal fishers as part of an effort to promote safety at sea in Ghana’s artisanal fisheries. So far, some fishers in Shama, […] The post Life jackets
Elizabeth K. T. Sackey The Mayor of Accra, Elizabeth K. T. Sackey, has highlighted the city’s progressive initiatives in the waste sector to curb methane emissions. According to her, Read More... The post Accra Mayor Addresses World Leaders appeared first on
In an unexpected turn of events, the late Manasseh Addison Sackey, a 34-year-old headteacher and incumbent assemblyman, has emerged victorious in the Teberebie electoral area election in Tarkwa, Western Region. Despite the tragic incident of his drowning in a river connecting Aklika on Monday, December 4, Teacher Obour, as he was fondly known, has been […] The post Deceased
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
Former Assembly member for Asem Electoral Area, Thomas Ekow Sackey, is staging a comeback with a mission to serve his people. He has since filed to contest in the upcoming local election, slated for December 19, 2023. Popularly known as Ogede, he believes among the three people contesting the election that, he is the right […] The post Ogede wants Asem electoral area seat back appeared first on
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