Author: Admin
Regarding the decision to maintain the policy rate, Deloitte said the the 27 % rate will anchor inflation expectations despite short-term pressures.
In an election year, we have maintained uncharacteristic fiscal discipline, and with all the massive infrastructure around the country, as demonstrated by the many projects His Excellency the President has commissioned recently, we have continued to stay the course
“I do not have any doubt that in a year or two, those who have lost money will recover their money”, Dr. Mohammed Amin Adams when speaking during a monthly press briefing, last week.
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, noted that the recent cedi appreciation is due to deliberate intervention by the Bank of Ghana (BoG) ahead of the election.
At the top of the agenda is President elect Mahama’s flagship initiative for revamping and indeed restructuring the country’s economy altogether
Beyond regulatory measures, a resilient financial system is built on a foundation of ethical conduct, Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said. Integrity and professionalism, he noted, are indispensable pillars of trust, and they underpin the confidence that the public places in our banking sector. In this regard, he said, “it is gratifying to highlight the Chartered Institute of Bankers’ Ethics Certification Programme which was developed in collaboration with Bank of Ghana and launched last year,” Dr Addison said at the 28th annual banking and ethics conference in Accra recently. “As I stated last year…
Zulum’s innovative intra-city rail project will not only be an alternative cost-effective means of transport for the people, it will be energy efficient and environmentally friendly and will support other ongoing transport infrastructural projects, including the 113-kilometre Maiduguri East, West and South ring roads expansion, which will link Auno, Molai, Polo and Shagari low-cost communities.
The Electricity Company of Ghana (ECG) has assured the public of uninterrupted power supply following successful negotiations with Independent Power Producers (IPPs) to address outstanding arrears. This assurance comes after the IPPs threatened to shut down multiple power plants due to unpaid debts, sparking fears of a potential return to widespread power outages, locally known as “dumsor.” Speaking to the media, ECG’s External Communications Manager, Nii Ayiku Ayiku, confirmed that recent negotiations had averted the anticipated crisis. “The Acting Managing Director has assured us that we are fully engaged with the IPPs to prevent any recurrence of the outages experienced…
Finance Minister, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s economy has come back to life following the difficulties faced in the last three years. He said macroeconomic stability is fast returning to our country The Karaga lawmaker said this while speaking at a rally in Saboba in the Northern Region last week. “Ghana’s economy has come back to life following the difficulties we faced in the last three years. Macroeconomic stability is fast returning to our country. We all can see the indicators improving by the day. “And now we want to focus on growth, economic growth, which has…
Out of 89.2% of respondents who said they had encountered fake news in the media, about 35.6% say they usually “comment” under such false stories, 19.7% say they “report it,” and 7.6% say they “send it to a friend.”