NEWS

Professor John Gatsi, Head of Finance at the University of Cape Coast on Monday painted a worryingly grim picture for rural participation in Ghana’s economy following the revocation of the licenses of some 347 microfinance firms in the country. The Central Bank last month withdrew the licenses of 347 microfinance companies in the country to get rid of insolvent and ...

The Bank of Ghana has fined Barclays Bank Ghana an amount of GH¢4,579,256.36 for making frivolous quotes on Ghana’s Interbank Foreign Exchange Market. A statement issued by the Central Bank stated that the action is in breach of the Ghana Interbank Forex Market Conduct Rules. The statement added that the Bank of Ghana is committed to ensuring sanity, transparency and ...

It has emerged from the Criminal Division of the Accra High Court that, Daniel Asiedu the self-confessed killer of the late Member of Parliament for Abuakwa North refused an order for him to be sent for a mental examination at the Accra Psychiatric Hospital. But three weeks after his initial refusal, the accused agreed to the request for assessment. The ...

A four-year old boy has drowned in a manhole at Fijai Hills in the Sekondi-Takoradi metropolis of the Western Region. Perez Quarm, a kindergarten pupil, was said to be playing with his colleagues in the area when he accidentally slipped into the newly constructed manhole left uncovered by the owner. His father, Anthony Quarm who was called by neighbours, rushed ...

Former President Jerry John Rawlings has in a meeting with the Chinese Ambassador to Ghana, Shi Ting Wang, stated that the United States is wary of the growing economic power of China hence the heightened trade war with the Asian giant. “The bullish and military behaviour of the West came as no surprise because it was obvious it was going ...

A 75-year old ex-drug baron who pushed drugs for 26 years, Paa Joe Donkor has disclosed that drugs only make rich folks poor and miserable admonishing the youth to desist from it and save their lives from becoming the kind of person he is today. The once fabulously rich man who is now a pauper said drugs addiction is the ...

Imagine Ghana has unveiled the winner of its Imagine Ghana Logo Competition, which was launched earlier in April this year. Imagine Ghana, which is positioning itself to become an information hub on all tourism opportunities in Ghana, initiated the competition as part of its efforts to find an authentically Ghanaian logo. Ghanaian designers were called upon to submit designs which ...

National Communication Officer of the National Democratic Congress (NDC), Sammy Gyamfi has described President Nana Addo Dankwa Akufo-Addo and his NPP government as ‘talkatives’ and ‘braggarts’. According to him, appointees of the NPP government including President Akufo-Addo are braggarts, always talking more but delivering little, hence, their inability to dredge the Odaw and the Korle lagoon to manage the heavy ...

The ranking member of the Foreign Affairs Committee of Parliament, Samuel Okudzeto Ablakwa, has praised President Akufo-Addo for his patriotic decision to lobby to host the secretariat of the Africa Continental Free Trade Area in Ghana. He said Ghana deserves to have such a secretariat because of its pioneering role in the formation of the erstwhile Organisation of African Unity ...

Police have detained a Burkinabe caught with a foreign pistol at a crowded Catholic Church in Hamile in the Upper West Region on Sunday. Police say the man, whose name has not been released, could not explain why he had the gun on him. The gun was loaded with two rounds of ammunition, police reveal. He told the police it ...