Over 25 banks in the country will have to race against time to meet the new capital requirement announced by the Bank of Ghana (BoG) as their current capital is less than 50 percent of the 400 million cedis quoted by the central bank, a Credit Risk Consultant and Banker, Emmanuel Akrong has said. According ...

Angry parents of some graduates of the Presbyterian Experimental Junior High School in Tamale, who sat for last year’s Basic Education Certificate Examination (BECE), are threatening to sue the West African Examination Council (WAEC) for withholding their results. They today (Monday) picketed at the Tamale Metropolitan directorate of the Ghana Education Service (GES) and petitioned ...

Grameen-Ghana has donated educational materials worth over GHc 5,000 to the Bolni D/A primary school in the Nanumba north district of the Northern Region. Presenting the items, the head of Programmes for Grameen Ghana, Mugmin Musah, told Citi News that his organization was touched by the plight of the children in the community. He believes the items ...

Wayne Rooney has been banned from driving for two years and ordered to perform 100 hours of unpaid work after pleading guilty to drink-driving. The Everton striker, 31, was given a 12-month community order as he was sentenced at Stockport Magistrates’ Court this morning. A judge told the £160,000-a-week footballer that a significant fine would ...

The Pirate Bay briefly put code on some of its web pages that used visitors’ machines to mine a virtual currency. The hidden code helped the file-sharing site generate coins for the Monero digital currency. The Pirate Bay’s administrators said using the code had been an experiment to see whether it could provide a way to ...

A former Deputy Regional Minister of the Ashanti Region , Joseph Yammin has said the implementation of the Free Senior High School policy by the Akufo-Addo administration puts more burden on parents. According to him, monies parents were being forced to pay more to secure accommodation for their wards because of  the flawed placement processes. ...

Scramble for the Paris Crown “I have told them to sort it out between themselves,” the Spaniard declared during his postmatch news conference. “I think that they are capable of doing that and that they will both be our kickers. The response of Paris Saint Germain head coach Unai Emery to journalists after a hard-earned ...

Maria is expected to become a dangerous major hurricane as it nears the Leeward Islands in the Caribbean. The category one hurricane will rapidly strengthen over the next 48 hours and will hit the islands late on Monday, says the US National Hurricane Center. It is moving roughly along the same path as Irma, the ...

Hypocrisy is killing us! We choose which situations suit us at a particular time and behave as saintly creatures when we share opposing views to things we detest. Most of the Kumawood actors who demonstrated against the influx of telenovelas on Ghanaian television are hypocrites. It is true that we are having too many telenovellas ...

Officials at MTN-Ghana are challenging Medium and Small Scale Enterprises (SMEs), corporate organizations and Businesses in Ghana to take advantage of the internet to improve productivity. According to them, businesses must adapt to global technological development to improve service growth and customer satisfaction. These remarks were made at the 7th edition of the MTN Internet ...

Fifteen truckloads of smuggled petroleum products worth GH¢1.4 million have been impounded. Officials of the National Petroleum Authority (NPA), in collaboration with security personnel, impounded the 15 trucks last week. Each of the trucks was loaded with 54,000 litres of either petrol or diesel. The Chief Executive Officer of the NPA, Mr Hassan Tampuli, disclosed ...

Workers of New Times Corporation, managers of the Ghanaian Times Newspaper on Monday stated a demonstration at the premises of the company to protest what they termed as poor working conditions. The workers who were in red apparels also blocked the management of the company from entering their offices. They also demanded the removal of ...

The Board of SIC Insurance has been re-constituted with the Ministry of Finance replacing government’s representation on the Board. The members representing the Government of Ghana through the Ministry of Finance are Dr. Jimmy Heymann, Mrs. Pamela Djamson-Tettey, and Mr. Stephen Oduro. Mr. Michael Addo replaced the Social Security and National Insurance Trust representative who ...

Everton manager Ronald Koeman says Manchester United counterpart Jose Mourinho’s claim that the Goodison Park club are aiming for “at least” the top four this season is unrealistic. Mourinho made the observation in his programme notes before United’s 4-0 home win over the Toffees, citing their £140m of summer spending as evidence. But Koeman said: “Is there ...

Social media platform Snapchat has blocked access to Al Jazeera content in Saudi Arabia. Snapchat said it was asked by the Saudi authorities to remove the Qatari-backed broadcaster’s Discover Publisher Channel because it violated local laws. Qatar is in an ongoing dispute with Saudi Arabia, Bahrain, Egypt and the UAE. The four countries cut ties ...

Former Trade Minister, Ekow Spio Garbrah has commended the Bank of Ghana for increasing the minimum capital requirement of commercial banks to 400 million cedis. He argues that this will strengthen Ghana’s banking industry. The Bank of Ghana on September 11, 2017 announced the new minimum capital requirement for banks. The figure has been reviewed ...

The Accra Metropolitan Assembly (AMA), in partnership with a waste management company, Jekora Ventures, has launched a Waste Segregation Initiative. It is hoped that 25 intensive training sessions for all 68 basic schools will inculcate in the students the consciousness towards proper waste disposal through segregation. The Managing Director of Jekora Ventures Ltd, Ing. Immanuel ...

President Nana Addo Dankwa Akufo-Addo has said government will surely find ways of sustaining the free Senior High School (SHS) policy even though it is expensive. The President said the benefits the country will derive from the policy makes it imperative for government to find avenues for its sustenance. ‘’This programme is a very important ...

President Nana Addo Dankwa Akufo-Addo has said government will surely find ways of sustaining the free Senior High School (SHS) policy even though it is expensive. The President said the benefits the country will derive from the policy makes it imperative for government to find avenues for its sustenance. ‘’This programme is a very important ...

The Accra Regional Police Command has called for the postponement of a planned demonstration by a group calling itself Freedom and Justice against the Rohingya crisis. The group notified the Police about its demonstration [which will be staged in Ghana] against the state of Isreal, following alleged reports of sale of arms to the Myanmar ...