Connect with us
NOT IN USE

Buzz

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

Published

on

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.”

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.

“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?”

 

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

Advertisement

Buzz

MTN Ghana And Boomplay Partner To Offer Special Data Bundles And Subscription For Music Streaming

Published

on

KeyArtwork MTN Boomplay

MTN, Ghana’s number 1 telecommunication company in partnership with Boomplay, Africa’s largest music streaming and download platform, is making music streaming and download more accessible and affordable to its users and cherished customers.

 

The partnership outdoors special data bundles and subscription plans that will give MTN users access to Boomplay’s over 90 million songs and unlimited offline playback of downloaded songs. Subscribers will also enjoy an ad-free listening experience while saving money when they opt for the daily, weekly or monthly subscription along with its corresponding data bundles.

 

The plans on offer are:

 

Boomplay x MTN Data Bundle Plan:

AmountPackage
GHS 4.5Boomplay Daily Subscription + 500MB data bundle
GHS 13.5Boomplay Weekly Subscription + 1GB data bundle
GHS 30Boomplay Monthly Subscription + 3GB data bundle

 

Boomplay x MTN Subscription Plan:

AmountPackage
GHS 2Boomplay Daily Subscription
GHS 9Boomplay Weekly Subscription
GHS 17Boomplay Monthly Subscription
Elizabeth Ntiamoah-Quarshie_Boomplay

Elizabeth Ntiamoah-Quarshie_Boomplay

Speaking about the partnership, Boomplay Ghana’s General Manager, Elizabeth Ntiamoah-Quarshie said, “Having MTN as a key partner in our strides to make music streaming and download more affordable offers an exciting prospect for the future of our music industry and streaming culture. With this partnership, we are making our catalogue of over 90 million songs available to MTN subscribers at a cost lower than users on regular data plans. Users also have daily, weekly and monthly subscription options to choose from. Ultimately, this means more music to discover, stream and download on Boomplay. At the same time, artists and content providers can earn more streaming royalties and reach a wider audience.”

Noel Kojo Ganson_MTN

Noel Kojo Ganson_MTN

Commenting on the partnership, Chief Commercial Officer of MTN, Mr. Noel Kojo-Ganson said, “This partnership is great news for all our customers. Due to the diversity and multiplicity of Boomplay’s music collection, our customers will have more choices, more value and better control over what they can listen to. This partnership will make music more affordable and accessible to our cherished subscribers, many of whom are music lovers.”

 

With high internet costs limiting the potential of the digital music economy in Africa, Boomplay views telecommunication partnerships as essential to its advancement strategy and the progress of Africa’s music streaming culture. This partnership with MTN Ghana reaffirms the streamer’s commitment to empowering the African music ecosystem to unlock its potential.

Continue Reading

Buzz

African Legends Night Unveils Music Legends Hall of Fame

Published

on

African Legends Night Music Legends Hall of Fame

African Legends Night has unveiled its first-ever Music Legends Hall of Fame list to celebrate African music legends as part of celebrations to mark 10 years of African Legends Night.

 

The Legends Hall of Fame is an annual induction list of all legendary musicians who have performed at African Legends Night. Over the ten-year period, African Legends Night has witnessed 20 headliners from a number of African countries such as Ghana, Ivory Coast, Nigeria, DR. Congo, Namibia, South Africa among others.

 

The Hall of Fame is also to recognize music legends who have consistently excelled in their endeavor of work in a long period.

 

Commenting on the initiative, Ernest Boateng, CEO of Global Media Alliance said “We recognize the immense contribution of musicians in projecting the face of the African continent positively. Our inductees are musicians who have had an impact in our society hence the Hall of Fame is to celebrate their achievements and major milestones in the course of their music careers.”

 

In no particular order, below are the musicians who made the first-ever Legends Hall of Fame lists:

 

  • Hugh Masekela
  • Daddy Lumba
  • Yvonne Chaka Chaka
  • Kojo Antwi
  • Femi Kuti
  • Amakye Dede
  • Kanda Bongoman
  • Awilo Longomba
  • George Darko
  • Ofie Kodjoe
  • Freddie Meiway
  • Ben Brako
  • Gyedu Blay Ambulley
  • Samini
  • Nana Tuffuor
  • Akosua Agyapong
  • Amandzeba Nat Brew
  • 2Face Idibia
  • Rex Omar
  • Ofori Amponsah

 

The African Legends Night is a premium pan-African concert which recognizes and celebrates living African music legends.

 

African Legends Night this year is sponsored by HD Plus, Ghana Gas, Ghana Tourism Authority, Beyond the Return, Perception Management International and Silverbird Cinemas with media partners – MX24, eTv, Citi FM, YFM, B&FT, Happy FM, Daily Guide, Ghanaweb, AmeyawDebrah, NYDJ Live, Oman FM and Net2 TV.

 

Continue Reading

Buzz

Ghana’s Premier Technical University, Accra Technical University Admission for 2022/2023 Academic Year Still in Progress

Published

on

By

580A0277 scaled

Are you interested in pursuing a programme that guarantees employability? Accra Technical University (ATU) is still admitting students! (more…)

Continue Reading

Buzz

Ghanaian women rush for Mohammed Kudus with “save the date” photos

Published

on

By

Screenshot 2022 11 29 at 15.02.39

After his stellar performance in the Black Stars game against South Korea in the FIFA 2022 World Cup, Ghanaian midfielder, Mohammed Kudus has become the centre of attraction for many, especially Ghanaian women.

(more…)

Continue Reading

Buzz

Sulley Muntari Announces retirement at age 38

Published

on

By

Sulley Muntari Legon Cities vs Hearts GPL

Former Black Stars midfielder, Sulley Muntari has announced his retirement from football after almost two decades of being a professional footballer. (more…)

Continue Reading

Buzz

Davido and Chioma spotted with wedding rings during their first outing

Published

on

By

IMG 0663 scaled

Nigerian Afro-beats superstar, Davido and his girlfriend, Chioma have been spotted with wedding bands. (more…)

Continue Reading

Trending