Management of GN Savings and Loans Limited has stated they are unaware about the appointment of a Receiver for the company following a revocation of their license. This comes on the back of a statement released by the Bank of Ghana on Friday to the effect that the operating licenses of 23 savings and loans … The post GN Savings and Loans fires back at BoG over revocation appeared
The Bank of Ghana says it will, together with government, launch the commencement of operations of the Ghana Deposit Protection Scheme from next month to protect depositors’ interests. This comes in the wake of the completion of a two-year-long clean-up of the banking sector. BoG completes clean-up of banking sector The clean-up saw the revocation … The post Govt, Bank of
Former Nigeria coach Samson Siasia has been banned for life and fined $50,000 by Fifa for agreeing to ‘the manipulation of matches.’ Siasia was coach of Nigeria between 2010-2011 and for a spell in 2016 but the time period when Fifa believes he committed his infractions is unclear. He has also served as coach of … The post Former Nigeria great Siasia handed life ban by Fifa
The Bank of Ghana has in a statement released on Friday, August 16 announced that the licenses of some 23 Savings and Loans and Financial Services companies have been revoked. According to the BoG, the 23 institutions are insolvent and have been unable to recapitalize although the Bank of Ghana gave them a grace period … The post The 23 Savings & Loans and
The Bank of Ghana has explained why it revoked the license of GN Savings and Loans after reclassifying it last year from a universal bank following its failure to meet the minimum capital requirement. Chairman of Groupe Nduom Dr Papa Kwesi Nduom had accused government of non-payment of contractors resulting in the crisis of financial … The post Why Bank of Ghana revoked GN Savings &
Singer R. Kelly has missed a court hearing, with prosecutors claiming he “refused transport” from jail. The R&B star was due at a pre-trial hearing for his sex abuse case in Chicago, Illinois, on Thursday. Kelly’s lawyer said it was “not 100% true” that the singer had refused transport, but explained that “moving Mr Kelly … The post R Kelly
The Bank of Ghana says it has completed the clean-up of the banking sector which started in August, 2017. The clean-up started with the revocation of licenses of UT Bank and Capital Bank with their assets handed over to GCB Bank. The major shake-up of the sector was, however, on Wednesday, August 1, 2018, when … The post BoG completes clean-up of banking sector appeared first on
The Bank of Ghana has revoked the licenses of some 23 Savings and Loans companies including GN Savings and Loans Limited, Ideal Finance Limited, IFS Financial Services Limited and Midlands Savings and Loans. In a statement released on Friday, August 16, the Bank of Ghana noted the 23 Savings and Loans and Financial Services Companies … The post GN Savings and Loans, 22 others closed down appeared
The Basketball Africa League (BAL), a new professional league featuring 12 club teams from across Africa and scheduled to begin play in March 2020, on Friday named NBA Africa Head of Business Operations and Ghana-native John Manyo-Plange as BAL Vice President & Head of Strategy and Operations. Manyo-Plange, who goes by Manyo, will assume his … The post Top Ghanaian
A music director at the Charity Assemblies of God Church at Adenta in Accra, Brian Kuffour, is set to release a new single debut, ‘Obiara Nse Wo’, on August 20. The man, who is noted for powerful and unique vocals as well as his deep passion for the music ministry, was born into a family … The post Brian Kuffour to release debut single on August 20 appeared first on
University of Ghana workers have directed the university’s management to cease its dealings with the government towards the migration of public tertiary institutions onto the Ghana Integrated Financial Management Information System (GIFMIS). Government through the Controller and Accountant General is seeking to get all public tertiary institutions onto GIFMIS by the end of August to … The post Stop
Cost of shipping will increase will from next year go up by 20 percent due to the implementation of the International Maritime Organisation sulphur cap regulation. The regulation requires that sulphur content in commercial ship fuel should not exceed 0.5 percent; a 3 percent reduction in the current 3.5 percent IMO regulations to reduce sulphur … The post Shipping cost to go up by 20% next year
The good old days of Ghanaian storytelling would be re-lived on August 31 when the Bureau of Ghana Languages, holds ‘Ananse s?m Asi soo…!’ as part of the 17th Ghana International Book Fair. The event, to be held at the International Trade Fair Centre, is designed to explore Ghanaian languages through riddle contest, dramatic readings, … The post Maame Dokunu, old cast
The good old days of Ghanaian storytelling would be re-lived on August 31 when the Bureau of Ghana Languages, holds ‘Ananse s?m Asi soo…!’ as part of the 17th Ghana International Book Fair. The event, to be held at the International Trade Fair Centre, is designed to explore Ghanaian languages through riddle contest, dramatic readings, … The post Maame Dokono, old cast
Vice President Dr Mahamudu Bawumia on Thursday threw a challenge to former President John Mahama to come out with a better alternative education policy for the double track system under the Free Senior High School (FSHS) Policy. He said former President Mahama has no clue what he would do on the FSHS policy when voted … The post Veep challenges Mahama to suggest alternatives
The 470 megawatts Krandeniz Powership Osman Khan on Thursday arrived at the anchorage of the Home Port of the Western Naval Command at Sekondi in the Western Region. The powership propelled itself from Tema to the Western Region. The powership was moored to its jetty within the navel command where it will be connected to … The post Karpowership arrives in Sekondi appeared first on
North Korea has rejected any further talks with South Korea, calling its decision “completely the fault of South Korea’s actions”. It issued a statement in response to a speech by South Korea President Moon Jae-in on Thursday. Meanwhile, early on Friday North Korea test-fired two missiles into the sea off its eastern coast, the South … The post North Korea snubs
Every June 4th, Jerry John Rawlings’ 1979 coup in Ghana inspired by his Armed Forces Revolutionary Council (AFRC) readily comes to mind. This year, as in previous years, the story was not different. I knew nothing substantial in history? worldwide? that occurred on the aforementioned date than Rawlings’ coup. Then, in the afternoon, as I … The post TALKING
The post [Cartoon] No renaming for Oga’s Free SHS! appeared first on 3news.
The Director General of the Ghana Education Service (GES), Professor Kwasi Opoku Amankwa, has denied rumours that the Basic Education Certificate Examination (BECE) has been scrapped. He said the junior high school curriculum is yet to be reviewed. He made this known on Thursday, August 15 when he addressed journalists on some developments in the … The post BECE not scrapped – GES boss appeared first on
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