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Social media reacts as Bank of Ghana readies to phase out GHC1 and GHC2 notes

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one cedi and two cedi to be phased out

The Bank of Ghana (BoG) has said that it is working to phase out the one Ghana cedi and the two Ghana cedi notes from circulation.

According to the Governor of BoG, Dr Ernest Addison, on Monday, September, 27,  the notes will ultimately be replaced by their coin versions, which were currently co-circulating.

As the news of the phasing out hit social media, several users have shared their opinion on the matter. While some believe it is a good move, majority think replacing the notes with coins will affect the pricing of goods and services.

According to Ms. Paulina Kuranchie on Twitter;

“I have been wondering since last night whether the BOG’s research unit has looked into how Ghanaians perceive coins and how that impacts the pricing of goods and services especially in our traditional markets.”

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Meanwhile, Dr. Kobby Mensah also shared that citizens need to demand some transparency from the BoG. 

“Face out 1 and 2 cedis will move up the costs products in that zone to 5 cedis. It’s not just the face value but psychological value. Cost of living going up brothers and sisters. We haven’t been demanding transparency from Bank of Ghana. They have become gods in this country.”

However, @1daisie on Twitter, thinks different, she believes the change will not ban the notes from circulating entirely.

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“Phasing out doesn’t mean it’s gonna be banned from being used. It simply means it’s getting replaced by it’s coins equivalence. Simple Bank of Ghana

Another Twitter user by the mane @kobinaocran thinks the government of the day is not thinking about the citizenry as they make decisions.

“Nana Addo we haven’t dealt with economic hardship but Bank of Ghana is about to phased out 1gh and 2gh notes. did the governor and his members think about this decision? the effect on the citizens and the country as a whole?”

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We’d like to know your thoughts and opinions on the matter. Please share below.

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JAMBO Spaces and FTF Ghana launch Click4Change to empower Underprivileged Children in Labadi

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In a transformative initiative poised to make a lasting impact, On Saturday 2nd March, Jambo Spaces proudly launched Click4Change, a FREE digital skills training and public speaking program for underprivileged children in the vibrant Labadi community. In partnership with FTF Ghana, a dedicated NGO committed to nurturing the potential of young minds, Click4Change marks a significant step towards empowering the next generation with essential skills and confidence.


For the first cohort which will last a month,  Click4change is starting off with 20 children from La Wireless and La Nativity schools. Igniting a beacon of hope and opportunity in the lives of these bright-eyed eager learners, Click4Change is taking these children beneficiaries on a journey of discovery, delving into courses covering Microsoft Office tools, Google Work tools, and the art of public speaking. More than just technical skills, Click4Change aims to shape the thought process of these budding minds, equipping them with the digital fluency needed to thrive in the modern world.


The impact of Click4Change extends far beyond the classroom walls, as it fosters a sense of belonging, confidence, and self-belief among the children. Witnessing their newfound abilities to translate thoughts into digital creations fills the air with palpable excitement and joy, as dreams begin to take flight on the wings of possibility. But Click4Change is not a journey embarked upon alone. Significant to the partnership is FTF Ghana, who works closely with the schools to facilitate the selection of the children and is supporting the initiative with volunteer tutors. Not forgetting the unwavering support of other compassionate partners, this initiative has blossomed into a beacon of hope for the Labadi community. KFC, Twellium Industries, Nu Lambda Sigma, MyRunway Group, and Valerie Cares have joined hands with Jambo Spaces, providing meals, refreshments, stationery supplies, and transportation for the children, ensuring that no obstacle stands in the way of their pursuit of knowledge and empowerment.


“We envision a future where every child in the Labadi community has access to the transformative power of education and technology” Bernard Sokpe, Co-founder of Jambo Spaces said. He continued by saying “ Plans are underway to establish a dedicated Click4Change computer lab for the children to continue their learning journey long after the program concludes”. To ensure CLick4Change grows beyond this first edition, Jambo Spaces extends a heartfelt call to volunteers who want to support this initiative in any way by reaching out to info@jambospaces.com.

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Bullhaus Entertainment releases maiden album, “Horns Up”

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Music in the West African landscape has greatly felt a huge transformation in recent times. Ghanaian based label owned by Lawrence Asiamah Hanson popularly known as Bullgod, have released their much awaited album.

 

Their founder and CEO, Bullgod took to his social media pages to announce the release of the project with a trailer few days ago. In the post, he captioned the trailer with anticipation which led to much eagerness from his followers. In the early hours of Friday 1st March, the official artwork of the album was released to officially announce the release.

 

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This body of work turns out to be the maiden album of the record label. It is a twenty track album which features their signed artiste Vanilla and top musicians such as Tinny, Fameye, Medikal, Kwabena Kwabena, Captain Planet 4X4 and Kelvynboy. As a well curated collective, the “Horns Up” album consists of an array of diverse music genres for consumption. It is crafted for the good listening pleasure for all music lovers around the globe.

 

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Genius Selection, Ubeatz, David Bolton, Mr Herry, Gigzbeatz and Linkinbeats contributed to the production of this project.

 

Tap the link below to stream “Horns Up” on all digital streaming platforms.

https://found.ee/HornsUp_Bullhaus

Article By: Kobby Loam of Loam Entertainment

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Nollywood legend Mr Ibu Passes On

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Watch: 'I don't have any stroke please'- Mr. Ibu debunks reports .

News reaching Ameyaw Debrah Media is that Renowned Nollywood actor, John Okafor, well known in showbiz as Mr Ibu has passed on to glory (more…)

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GHANAIAN SENSATION ONYANSAPOW BOWAANOPOW RELEASES LATEST SINGLE “CONTENTMENT”

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Onyansapow Bowaanopow, is set to dazzle fans with his newest single titled “Contentment.” Known for his unique fusion of highlife, Afrobeat, and contemporary sounds, Onyansapow Bowaanopow continues to make waves with his captivating melodies and profound lyrics.

“Contentment” encapsulates the essence of joy and fulfillment in simplicity. Through its infectious rhythms and heartfelt vocals, the single resonates with listeners on a deeply personal level, reminding them of the beauty found in life’s simplest pleasures.

Reflecting on the inspiration behind the single, Onyansapow Bowaanopow shared, ” ‘Contentment’ is a reflection of my personal journey towards finding peace and happiness in the midst of life’s challenges. Through this song, I hope to inspire others to embrace contentment as a way of life and find joy in the little things.”

“Contentment” is now available on all major streaming platforms, inviting fans to embark on a musical journey of self-discovery and inner peace. Onyansapow Bowaanopow’s latest release is poised to capture the hearts of audiences worldwide and solidify his reputation as one of Ghana’s most promising talents.

https://distrokid.com/hyperfollow/onyansapowbowaanopow/contentment-2

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I missed a Hollywood opportunity because I’m not gay – Prince David Osei

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Ghanaian actor and movie director, Prince David Osei has detailed reasons behind his decision to steer clear of Hollywood opportunities.
(more…)

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I declined deals from top artistes before signing to Olamide’s label – Fireboy DML

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Nigerian music sensation, Adedamola Adefolahan, professionally known as Fireboy DML has recently disclosed that he turned down a couple of offers from renowned artists before ultimately signing with Olamide’s label. (more…)

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