The Bank of Ghana has decided to keep its policy rate unchanged at 28%, as part of ongoing efforts to contain inflationary pressures. This decision was announced by Governor Dr. Johnson Asiama during a media briefing following a meeting of the Bank’s Monetary Policy Committee (MPC). Dr. Asiama explained that the central bank’s latest assessments…
Ghana Water Ltd. (GWL) has initiated the controlled spillage of excess water from the Weija Dam as heavy rains continue to elevate water levels. The move is aimed at preventing structural damage to the dam and averting potential flooding disasters. Currently, the water level at the dam has reached 45 feet, approaching the maximum safe…
Vice President Professor Naana Jane Opoku-Agyemang has returned to Ghana after making a full recovery from an illness that had kept her out of the public eye for several weeks. She arrived in Accra from London, United Kingdom, to a warm and heartfelt welcome at the Kotoka International Airport. President John Dramani Mahama and First…
The Ministry of Finance has officially approved the implementation of revised allowances for members of three senior staff unions within Ghana’s public tertiary institutions. This decision follows the successful completion of negotiations between the government and the unions. In a statement dated May 21, 2025, Finance Minister Dr. Cassiel Ato Forson announced that the revised…
First National Bank has appointed Adwoa Boateng-Addo as its new Chief People Officer, effective immediately. She succeeds Ernestina Danquah, who retired on April 30, 2025, after nearly a decade of dedicated service as Head of Human Resources. Adwoa brings a wealth of experience to the role, having previously served as the bank’s Senior Human Resource…
Ghanaian socialite and musician Mona Faiz Montrage, widely known as Hajia4Reall, is expected to be released today, May 22, 2025, from the Federal Detention Center in Philadelphia. The 32-year-old is completing a one-year and one-day prison sentence after being convicted of conspiracy to receive stolen money, according to a report by Graphic Showbiz. Montrage’s conviction…
The Asantehene, Otumfuo Osei Tutu II, has emphasized the importance of a stable and reliable energy supply in realizing Ghana’s ambition of a 24-hour economy. He called on investors to channel support into the country’s energy sector, highlighting its central role in national development. Speaking during a meeting with officials from Dream Power Africa, a…
Fitch Solutions has forecasted that the Ghanaian cedi will close the year 2025 at GH¢15.50 to one US dollar, with an annual average rate of GH¢15.30/USD. This projection significantly exceeds the GH¢14.00 year-end estimate provided by Absa Bank. At the start of 2025, the cedi was trading at GH¢15.83 against the dollar. In its latest…
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has strongly refuted recent remarks by former Vice President Dr. Mahamudu Bawumia, who claimed that the recent appreciation of the Ghanaian cedi was not the result of any deliberate policy initiatives by the National Democratic Congress (NDC) government. Speaking at a recent event, Dr….
The Births and Deaths Registry has issued a strong warning to the public, urging caution against individuals or groups posing as its agents. The Registry clarified that it has not authorized any third party to operate or provide services on its behalf. In an interview with Channel One News on Wednesday, May 21, 2025, Deputy…
