The Bank of Ghana (BoG) has commenced its regular Monetary Policy Meetings, running from Wednesday, November 20, to Friday, November 22, 2024, to assess the state of the economy. The 121st meeting will focus on evaluating current inflation levels and overall economic conditions. In its previous meeting, the Bank of Ghana reduced the Monetary Policy...
The government will on Thursday, November 21, 2024, inaugurate over 80 educational projects across all 16 regions of the country. The initiative seeks to enhance access to quality education by providing modern facilities tailored to meet the diverse needs of Ghanaian students. According to the Ministry of Education, President Akufo-Addo will lead the exercise which...
Kofi Akpaloo, the presidential candidate of the Liberal Party of Ghana (LPG), has called on European embassies to impose visa restrictions on individuals who disrupt the upcoming December 7 polls. According to him, this measure would discourage electoral misconduct by preventing perpetrators from travelling abroad. His appeal followed the recent decision by the United States...
Three individuals linked to the Aisha Huang case have been charged with conspiracy to undertake mining operations without a license, violating Section 23(1) of the Criminal Offences Act, 1960 (Act 29) and Section 99(2)(a) of the Minerals and Mining Act, 2006 (Act 703), as amended by Act 995 of 2019. Specific Charges Li Wei Guo...
The Ministry of Education (MoE) has described as “positive feedback”, revelations by North Tongu MP Samuel Okudzeto Ablakwa that some 22,000 bags of expired rice were repackaged and supplied to Senior High Schools across the country. Spokesperson Kwasi Kwarteng told Joy FM that the Ministry has initiated an investigation into the allegations made on Wednesday,...
Dr Papa Kwesi Nduom, the Global Chairman of Group Nduom (GN), has urged Ghanaians to cast their votes in favour of political parties that champion the cause of investing in local enterprises to foster growth, expansion, and employment opportunities. He said fostering a more sustainable and self-sufficient economy, required an unwavering support for domestic businesses...
Varun Beverages, an Indian multinational led by billionaire Ravi Jaipuria, has agreed to acquire PepsiCo’s bottling operations in Ghana for $15.1 million. In a statement, the company said the deal forms part of a broader $169.6 million purchase covering operations in both Ghana and Tanzania and marks an expansion of Varun Beverages’ footprint in Africa....
Consolidated Bank Ghana (CBG) has assured customers that the suspension of its foreign exchange license will not disrupt its core banking operations. The bank confirmed that all branches and digital platforms remain fully operational, urging customers to remain calm. The Bank of Ghana (BoG) imposed a one-month suspension of CBG’s forex license, effective November 26,...
The Ministry of Roads and Highways has assured commuters that the heavy traffic congestion around the Flower Pot Flyover is expected to ease by the end of Friday, November 15. Ahmed Nasir Yartey, the Ministry’s Public Relations Officer, provided the update during an interview with Caleb Kudah on the Citi Breakfast Show on Thursday, November 14. He...
Dr. Mahamudu Bawumia, the NPP flagbearer, confidently asserts that the NPP government has surpassed the NDC’s performance in all sectors, despite the formidable challenges posed by the COVID-19 pandemic and the Russia-Ukraine war. He made this bold statement while connecting with the residents of Akrofuom during his campaign trail. According to Alhaji Toyiba Mahama, a...