Tag Archives: maintains

GES maintains December 4 as the reopening date for SHS 1 students

  Ghana Education Service (GES) has reaffirmed that the reporting date for first-year students remains December 4, 2023. This is despite concerns from wards and stakeholders that this does not provide ample time for students to prepare for the academic year. This confirmation follows a request from Parliament for the …

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Senegal maintains ban on TikTok

Senegal’s government has maintained a ban it imposed on the social media app TikTok in August. Authorities had banned the app on accusations that it was “the preferred network for malicious people to broadcast hateful and subversive messages that threaten the country’s stability”. Senegal’s Communications Minister Moussa Bocar Thiam on …

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MTN makes U-turn on new withdrawal fee, maintains 1% charge

Telecommunication network giant, MTN, has withdrawn the planned review of the cash-out fee for mobile money. It had earlier announced that starting Saturday, July 1, 2023, customers will experience an adjustment in fees for cash-out transactions that exceed a specific threshold [GH¢2,000 and above]. The GH¢20 flat rate charge on …

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BoG maintains Policy rate at 19%

The Bank of Ghana (BoG) has maintained the policy rate at 19%. Addressing the media on Monday, July 25, 2022, after the Monetary Policy Meeting, the Governor, Ernest Addison disclosed that one of the reasons for maintaining the rate among other things has to do with how inflation has persisted …

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BoG maintains policy rate at 14.5%

  The Bank of Ghana has maintained the monetary policy rate at 14.5%. This is the second time the Bank of Ghana has decided to keep its lending rate to commercial banks in the country. In a press release dated 31st January 2022, the BoG further stated the spillover of …

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