GMB Queen Receives Prize
Winner of Ghana’s Most Beautiful X Yaba has received a key to a four-wheel Suzuki Vitara as her ultimate prize for winning the reality show. She also received GH¢10, 000 and a return ticket to...
Tag: Ghanaian cedi
Ghana Cedi Is Best Performing Currency In Africa – Mahama
President John Mahama has touted his administration’s management of the economy. According to him due to governments good economic policies, the Ghanaian currency, the cedi, has become one of the...
400,000 Youths To Benefit From YEA From 2017 – Mahama
President John Dramani Mahama says the Youth Employment Agency has been revamped and ready to equip about 400,000 youths in the country with skills. During his tour in the Fanteakwa North...
Cedi Still Strong? EL Buys Ferrari With GHC20
This video we are about showing you of how rapper and winner of the 2016 Ghana Music Awards (GMAs), E. L, couldn't buy a flashy red Ferrari mainly because his GH? 20.00 note was too much to cover the...
Gov’t Exceeded Expenditure For the First Seven Months In 2016
Government ended the first seven months of this year missing out on the amount of money it could spend as against revenue mobilized. Government was hoping to spend almost five billion Ghana Cedis as...
Govt Exceeded Expenditure For First Seven Months In 2016
Government ended the first seven months of this year missing out on the amount of money it could spend as against revenue mobilized. Government was hoping to spend almost five billion Ghana Cedis as...
Tell Us Where You Burnt the Old Currency – Allotey Jacobs To Bawumia
The Central Regional Chairman of the ruling National Democratic Congress (NDC), Allotey Jacobs has questioned Dr. Mahamudu Bawumia about where the NPP burnt the old cedis after the re-denomination...
Banks Unhappy With Local Dollar Bond
Commercial banks are worried government is competing with them for dollars locally, following the successful issuance of the first domestic treasury dollar bond, which raised some US$94.6 million....
GHC2bn Deficit Is Blow To Economy – Economist
Economist, Dr. Lord Mensah has criticized the almost 2 billion cedis budget deficit in the advance expenditure appropriation presented by the Minister of Finance, Seth Terkper. Parliament, on...
Parliament Approves GHC 10.9 Billion For Jan-March 2017
Parliament has approved a sum of 10.9 billion cedis to be used for the first 3 months of 2017 by an government that would be sworn in after the December 7 polls later this year. The amount is...
2017 First Quarter Budget Presentation Cancelled
The announced presentation of an advanced budget covering government spending for the first quarter of 2017 has been cancelled. According to Starr News’ Parliamentary Correspondent, Kobby Gomez...
Telcos Want Mobile Money Limits Increased
Telecommunication companies are impressing on the Bank of Ghana to review the maximum amount for mobile financial service transactions in the country. The telcos argue that they are sometimes...
Local Dollar Bond Set To Begin A Train of Issuance
The overwhelming success of government’s debut local dollar bond could serve as a precedent for bigger and longer term issuances, Kofi Awuku, a member of the book building team has said. The...
How A New Debt Trap Has Been Set
Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30% of government revenue in external debt payments each year. Ghana's crisis...
Cedi To Sell At GHC4:1$ By End of 2016
The Ghana cedi is projected to sell at a higher amount in relation to other major currencies on the global interbank market, Groupe Nduom (GN) Research has predicted. According to the analyses by GN...
Cocoa Producer Price Adjusted
The Ghana Cocoa Board (COCOBOD) has reviewed, upwards, the producer price of cocoa, from GH¢6,720 per tonne, to GH¢7,520 for the 2016/2017 season. A statement issued in Accra, and copied to the...
Mahama Goofed Big Time On Cost of Cedi Redenomination – Baako
The Editor-In-Chief of the New Crusading Guide newspaper says President John Dramani Mahama was wrong in questioning the cost of the redenomination of the cedi. Speaking on MultiTV/Joy FM news...
Central Bank Calls On Commercial Banks To Increase Agribusiness Financing
The Bank of Ghana has underscored the need for commercial banks to develop incentives and innovative products that will focus on developing the agricultural sector. Following the consistent...
Fire Outbreak At Cedi House
Fire fighters are battling a fire outbreak at the Cedi House in Accra Thursday. Eye witness Godfred Bokpin told Joy News, somke can be seen coming out of the building as the fire broke out on the...
Mahama Is A Lazy Reader, Incompetent
Member of Parliament for Obuasi West, Kweku Kwarteng has described President John Dramani as a ''lazy reader'' who has embarrassed himself over his call on Dr. Mahamudu Bawumia, the vice presidential...