Sentences with phrase «cedis from»

Local Governance Think Tank, Centre for Local Governance Advocacy, has called for sanctions against the Northern Regional Coordinating Council for demanding five thousand Ghana cedis each from the 26 assemblies in the region, to support the President's tour of the area this week.
According to her, the EC made over GH cents 2.5 million from the replacement process and more than GH cents 42,000 cedis from the sale of media accreditation cards.
The new figure shows that Ghana's debt increased by 1.3 billion cedis from May to June 2017 as the month of May recorded a debt stock of 137.3 billion cedis.
And also don't forget that a few months ago I was alledged to have received over 40.5 million cedis from BOST into my private account at Fidelity Bank, purchased bullet proof vehicles for President Nana Addo, withdrew the 10 % deductions from the salaries of former ministers for private purposes, the list can go on and on and on.»
Lenders in the West African nation from HFC Bank Ltd. to the local unit of Access Bank Plc are planning to sell shares after the central bank raised the minimum capital requirements to 400 million cedis from 120 million cedis, a condition that has to be met by December.
The Bank of Ghana in a bid to save the cedi from further depreciation introduced new measures to save the cedi.

Not exact matches

He further stated the unit price for the re-branding of the buses could even drop from Ghc8, 500 per bus to Ghc8, 000 cedis per bus owing to the quantity of buses in question and economies of scale.
8 billion cedis» from Parliament.
When the plaintiff amended the endorsement on his writ of summons to change completely his cedi claim to a Euro claim with other reliefs, he did not amend his original statement of claim to correspond to the new claim which was completely different from the original claim.
As these things replayed in my head, I watched Kaba take out a 10 cedi note and produced another five cedi note from his side pocket before calling the attendant to come for the money.
For instance, a professional teacher of Principal Superintendent (PS) status with the Ghana Education Service (GES) according to the figure quoted in the validation forms was to be paid 1,850.96 Ghana cedis but received a text message from the CAGD indicating an amount of 1,767.57 Ghana cedis as the salary for January 2016.
• maintained stability of the cedi against the US dollar, and • brought down policy rate to 21 percent from a peak of 26 percent in 2016.
Did Dr Bawumia tell the good people of Ghana e.g Bunkpurugu, Kasoa etc in 2016 that if NPP wins the 2016 December elections (which they won) that starting from 2017 without fail, that each constituency will receive a cedi equivalent of $ 1m.
This has resulted in the growing stability of the macro-economy and the cedi, reduction in inflation, and an abolition of nuisance taxes whose aim is to shift the focus of the economy from taxation to production.
The President noted that «our actions have resulted in the growing stability of the macro-economy and the cedi, reduction in inflation, and an abolition of nuisance taxes whose aim is to shift the focus of the economy from taxation to production.»
Dr. Bawumia delivering the lecture Thursday said «the Ghana cedi has recently obtained the dubious distinction of being one of the worst performing currencies» adding «The cedi has depreciated from some GH cents 1.2 to the dollar in 2009 to GH cents 3.95 to the dollar currently.»
He said he bought the babies from a nurse who helped her at the 37 Military Hospital for 1 billion cedis each.
The other development authorities are going through similar challenges, all to ensure that at the end, a total of 1.38 billion Ghana cedis will not be spent in 2017; thereby denying the people of Ghana the opportunity to benefit from these programs.»
A year on year analysis further shows that SSNIT has been able to reduce its indebtedness due to the public institutions by half; from 1.2 to 600 million cedis.
Also, the pension's scheme in 2015 mobilized 2.1 billion cedis in contributions in 2015 up by almost 19 percent from the 2014 figures.
Although the figure is an improvement from the 2014 amount of 1.15 billion cedis, the managers of the Trust want authorities to expedite...
Meanwhile, total benefits paid by the pension scheme went up to 1.2 billion cedis in 2015 from the 941 million cedis the previous year.
He said the numbers shows that the Ministry's fiscal consolidation program has worked resulting in inflation reducing significantly, a fairly stabilized Ghana cedi and a budget deficit which has reduced from 12 percent to 6.3 percent in 2015.
A gallon of petrol and diesel from the «belebele» guys is sold at 12 and 13 Ghana cedis respectively, as against the pump price of 18 Ghana cedis.
To a deafening applause from the crowd amidst smiles, the President said the Ghana cedi which has for the past months struggled behind the US dollars is «stabilizing.»
But Alhassan Tampuli speaking on the increase said apart from the effect of the hurricanes, the international price at which fuel currently sells also has had an impact on the price build - up as well as the cedi - dollar rate.
The 2017 budget was to ensure confidence in the economy — Ken Ofori - Atta 10:52 The cedi remains relatively stable against he major currencies — Ken Ofori - Atta 10:51 Interest rate in 2017 continue to decline — Ken Ofori - Atta 10:50 Inflation continue to decline in 2017 — Ken Ofori - Atta 10:48 We have returned to a robust growth after 2016 recorded the worst growth in three decades — Ken Ofori - Atta 10:47 The call to relieve our country and people from a wretched existence is urgent — Ken Ofori - Atta 10:45 The should not simply be a statement to share the national cake between different groups but it should capture how a nation comes together to meet the challenges of our time — Ken Ofori - Atta 10:45 We plan on providing opportunities as many Ghanaians as possible.
President Mahama, stated that «With the opening of this interchange on which at peak hours is used by about 80,000 vehicles and daily it is estimated to be used by about 200,000 vehicles, reducing travelling time between the Ring Road Central and Feo Oyeo Intersection towards the North Industrial Area from two hours to just approximately five minutes, not only are we saving hundreds of millions of cedis in time wasted by the delay and the travel time, but we are also stimulating business and economic activity,» he added.
So when you depreciate your cedi by 2.5 % it is better than 0.04 % where did you get that analysis from?
Now, around the same time the volume of transaction on mobile money grew from about 51.4 billion in 2016 to 109 billion cedis as at September last year which represented a whooping 112 percentage growth.
Government says it will be considering an upward review of the newly restored teacher trainee allowance from the current 400 cedis to about 500 cedis.
The Deputy Chair Operations collected above funds GHS 6m (Six million Ghana cedis) in cash from political parties for the organization of party primaries without recourse to the structures of the Commission, without the involvement of the finance department of the Commission.
For ver a year now, quite a significant number of Ghanaians have over billions of cedis locked up and the government think that is not a serious issue that requires immediate resolution then you then begin to wonder, what then is emergency, the situation have had serious repercussions not only on economic activities but rather have brought several deaths cases in the form of hanging, poisoning, records from hospitals at these areas affirm this.
Over 300 students of Accra Polytechnic have been prevented from taking part in the end of semester exams for failing to pay a 100 Ghana cedis penalty for the late payment of their fees.
The cedi has depreciated from some GH cents 1.2 to the dollar in 2009 to GH cents 3.95 (almost GH cents 4) to the dollar currently (Figure 14).
According to our source, Kweku Baako and Manaseh demanded a whopping Ghana cedis 10 million from Woyome to be given or paid to their «Friend» Dr Mahamadu Bawumia before the beginning of month of November 2016.
But speaking to journalists on the issue on Monday, Dr. Issahaku maintained that the Finance Ministry did not flout the rules, «I think from our stand point here, all government foreign exchange has to be in the custody of the Central Bank and when government need their money, they take the equivalent in cedis,» «The 250 million dollars that was taken out of here, they did not take foreign exchange dollars, the dollars was surrendered to the Central Bank, it was sold to the Central Bank and the government took the equivalent of that in cedis to deposit it elsewhere.
According to the bank, it expects to increase its contribution from the 90 million cedis to 198.1 million cedis within the period.
Indeed from independence in 1957 to 2008, Ghana's total debt was 9.5 % Billion Cedis; however; in the last seven years alone under this NDC government, Ghana's total debt has ballooned from 99.5 billion cedis to 100 billion cedis in 2015; and a 105 billion cedis by May 2016.
This represents a 112 percent growth over the GH cents 51.4 billion cedis recorded from January to September in 2016.
«Interest rates are on the decline, the cedi is stabilising, and the fiscal deficit has gone down from 9.3 % in 2016 to 5.6 % of GDP in 2017, with a projection of 4.5 % for 2018.
On the December 29, 2017, an application by the Minority - led by its chief whip, Alhaji Mohammed Mubarak - Muntaka filed a motion, calling for investigations into the levy and collection by the Ministry of Trade and Industry of the Ghana cedi equivalent of various sums of money in US dollars, from expatriate businesses and related matters during the recently held Ghana Expatriate Business Awards in Accra.
«From 2001 to 2008, the NPP accumulated a total debt stock 56.9 billion cedis, taking it from 9.7 billion cedis in 2From 2001 to 2008, the NPP accumulated a total debt stock 56.9 billion cedis, taking it from 9.7 billion cedis in 2from 9.7 billion cedis in 2008.
This is because the Nana Addo administration has said revenue from oil and gas, as well as earnings from other mineral resources, will go into funding the policy, which is expected to eat up some 400 million Ghana cedis in its first year of implementation.
According to Mr. Yaw Owusu, the Assembly Member for the area, from January to March this year, more than 20 armed robbery cases had been recorded, whilst the victims lost many valuable goods including plasma televisions, home theatres, gas cookers and cylinders, clothes, jewels and cash running into thousands of cedis.
He said apart from these social intervention programmes, the NPP administration also transformed the economy «by improving on our currency, the strength of our cedi, the banking system and the private sector making sure that the environment was good for businesses to flourish.»
Apart from the debt owed the service providers, the contractor in charge of the Assembly's landfill site demands not less than Ghc 100,000.00 per month from the KMA to meet its monthly operation cost of about 1.4 million Ghana cedis.
It is the state's case that within three years, Dr Opuni caused 217 million cedis loss to the taxpayer through dubious contracts to supply fertilisers from Germany.
From» till now, all the debts of the facilities put together is almost 10 million Ghana cedis»
However, when your resume also describes your claims processing experience, including the fact that you have worked with Common Electronic Data Interchange (CEDI) for Medicare claims, you now stand out from the crowd.
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