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GHANA CURRENCY'S PERFORMANCE IN APRIL2023 : EURO AND POUNDS APPRECIATE, DOLLAR DEPRECIATES

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                               Currency Performance in April 2023 Euro Performance in April Euro British Pound US Dollar Opening Price 11.9716 13.6297 11.0192 Closing Price 12.0936 13.7698 10.9571 Change 0.122 0.1401 0.0621 Change (%) 1.02% 1.03% 1%           In April 2023, the Ghanaian Cedi witnessed mixed performances against major currencies, with the Euro and British Pound showing appreciation, while the US Dollar experienced a slight depreciation. The latest Currency Report highlights the fluctuations in the exchange rates.                     Ghanaian cedi notes...

THE EFFECTS OF BAN OF MONEY BOUQUET ON BUSINESSES

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Picture showing money bouquet banned by the Bank Of Ghana. Picture credit at google. In recent years, money bouquet trends has become a new way of celebrating loved ones on any occasion. It is like giving or receiving a gift but with cash. Giving flowers made out of different denomination banknotes for special occasions has the potential of breaking the law.  Source at google. A picture showing a money bouquet. Legally, it is prohibited to destroy or crumble cash in any form. These money bouquets can deface cash notes as they are done by twisting the notes in a round shape and wrapped just like flowers with the help of glue and sellotape.  The money flower bouquet serves as a source of employment for many young men and women across the country.  The delivery fee also ranges from GH₵20- GH₵50 depending on the location. Source at google, a picture of a gift of money bouquet. On Thursday, March 30, 2023, the Bank of Ghana issued a warning to the public to desist from using c...

DO NOT COMPROMISE ACCURACY FOR SPEED

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Public Forum on Misinformation, Peace and Democratic Consolidation in Ghana The Media Foundation for West Africa ( MFWA) in collaboration with the National Peace Council (NPC), and the National Media Commission (NMC) organised a public forum on the theme: Misinformation, Peace and Democratic Consolidation in Ghana. The Forum came off at Alisa Hotel on Wednesday, march 22, 2023.  The forum was chaired by Prof. S.K.B Asante, Omanhene of Asante Asokore and Board Member of the National Peace Council, bringing together stakeholders from government, political parties, members of the diplomatic community, academia and civil society. Keynote Speaker of the Forum, Mr.George Sarpong - Executive Secretary at National Media Commission  Executive Secretary of the National Media Commission (NMC), Mr .  George Sarpong, said the time had come for a law to be enacted which would find a balance between the protection of freedom of speech and dealing with national security threats. S...

THE MEDIA FOUNDATION OF WEST AFRICA CONFESSES ABOUT THE GROWING IMPORTANCE OF DISINFORMATION RISK.

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      MFWA Confer ence at Alisa Hotel North Ridge The Media Foundation For West Africa hosted a nationwide conference with the theme:  Misinformation, Peace, and Democratic Consolidation in Ghana  at the Alisa hotel in Accra on March 22, 2023. The National Peace Council and the National Media Commission, Ghana's media watchdog , collaborated to plan the conference. The sessions were a part of the efforts to halt the spread of false information, especially as the country gets closer to the general elections in 2024. The paramount chief of Asokore in the Ashanti region, Professor Samuel Kwadwo Boateng Asante, a Ghanaian lawyer, welcomed participants to the forum.  Professor. Samuel Kwadwo Boateng Asante, The Paramount Chief Of Asokore in the Ashanti Region The former international arbitration claims that the effects of misinformation calls for an urgent action. The country's constitution, according to Professor. Samuel Kwadwo Boateng Asante, who previous...

MEDIA FOUNDATION FOR WEST AFRICA (MFWA) HOLDS PUBLIC FORUM ON DIGITAL AGE AND MISINFORMATION

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          Participants at the MFWA Forum on Misinformation The Media Foundation for West Africa (MFWA) has hosted a national conference under the theme: Misinformation, Peace, and Democratic Consolidation in Ghana. The program held on Wednesday, March 22 2023, at the Alisa hotel in Accra, brought together security personnel, media industry players, politicians, students and other stakeholders in the media.      Professor Samuel Kwadwo Boateng Asante,Chairman at the forum          The chairman for the program, Professor Samuel Kwadwo Boateng Asante, popularly known as Professor SKB Asante, a Ghanaian lawyer and the paramount chief of Asokore in the Ashanti region, who is also a Board Member of the National Peace Council, asserted that "it is known from the political experience of some countries that negative political campaigns hurt and that misinformation or disinformation can have a negative impact," adding in...