On August 1, 2018, the Bank of Ghana announced the revocation of the license of five commercial banks. The governor of the central bank, Dr. Ernest Addison announced that the Bank has revoked the licenses of uniBank Ghana Limited, The Royal Bank Limited, Beige Bank Limited, Sovereign Bank Limited, and Construction Bank Limited and appointed … The post Bank
A regional workshop to monitor mechanisms for free movement of inter-state passenger vehicles, persons and goods within ECOWAS has opened with a call on all member states to be committed towards the implementation of the protocol. Mr Eric Tetteh-Addison, Director of Research, Ministry of Transport, who made the call, said if they failed to integrate … The post Regional
The Ghana Stock Exchange (GSE) on the second week of August trading opened with ten equities experiencing activities in their shares with only one price change; the GSE-Composite Index thus edged by 0.03 per cent to close at 2,936.7 points. The CAL Bank rose by 0.8 per cent to close at GH¢1.27 per share, to … The post Ghana stock market stands in
Members of the Greater Nzema Development Association (TGNDA) have appealed to Mr Goosie Tanoh to contest the upcoming National Democratic Congress’s (NDC) flagbearer election. The TGNDA, which is made up of the NDC’s organizers and activists in the Western Region, stated that Mr Goosie Tanoh was the surest way for victory for the party in … The post Goosie
A total of 1,350 entrepreneurs across the nation have benefited from government’s financial support package to grow their businesses. They received amounts ranging from GH¢10,000.00 to GH¢100,000.00, under the National Entrepreneurship and Innovation Plan’s (NIEP) Presidential Business Support Programme. The goal is to drive job and wealth creation for accelerated national development. It is the … The post More
Ghana has officially been given the World Health Organisation (WHO) validation letter and a certificate, affirming that the country has eliminated trachoma as a public health problem. By this, Ghana becomes the first country in the sub-Saharan Africa to achieve this milestone, two years before the global elimination target year of 2020. “This is no … The post Ghana
Dr Matthew Opoku Prempeh, the Minister of Education on Tuesday, said the double-track School calendar, which is due to start in September 2018, is a temporal intervention until the needed infrastructure is put in place. The system, he explained, was an intervention that allowed schools to accommodate more students within the same facility, and was often … The post Double-Track
Dr Matthew Opoku Prempeh, the Minister of Education on Tuesday, said the double-track School calendar, which is due to start in September 2018, is a temporal intervention until the needed infrastructure is put in place. The system, he explained, was an intervention that allowed schools to accommodate more students within the same facility, and was often … The post Double-Track
Mr Park Jae Heung, the Deputy Director of Korea Rural Community Corporation on Tuesday urged government to clarify land acquisition and compensation issues in the country, to impact on agricultural development. He said the clarification of land acquisition would go a long way to boost the confidence of investors, who wish to invest in agribusiness … The post Government
The Komfo Anokye Teaching Hospital (KATH), has become the hub for the expedited and specific diagnosis of communicable and non-communicable diseases with the installation of an €82,889.00 state of the art automated urinalyses equipment. The high capacity urine and body fluid analyser, the first of its kind in West Africa and touted as a real … The post KATH
Professor John Gatsi, the Head of Finance Department, University of Cape Coast, on Tuesday said the Bank of Ghana (BoG) failed to undertake broader stakeholder consultations before starting the indigenous banks’ recapitalisation exercise. He said the Central Bank should have engaged in transparent and active debate involving bankers, policy-makers, politicians and other key stakeholders in … The post Bank
The Judicial Service is in the process of introducing Alternative Dispute Resolution (ADR) in three more courts in the Ashanti Region. They are the Juaso Circuit Court, Agona District Court and Manso-Nkwanta District Court, bringing the total number of courts in the region with ADR to 18. Courts in the region, already connected to the … The post Judicial
The Ghana Cocoa Board (COCOBOD) is to pump $600 million into the cocoa sector to resuscitate it, Mr Joseph Boahen Aidoo, the Chief Executive of COCOBOD announced on Tuesday. He said the Board had almost finished negotiations to secure the credit facility from the African Development Bank (AfDB) to invest into the cocoa sector and … The post COCOBOD to pump $600m
Mr Edward Forkua Kyei, Managing Director of GLICO Life on Tuesday disclosed that Life Insurance products, especially funeral policy, is becoming popular in Ghana. “With these kinds of products, which we classify under insurance and investment, clients get a pay-out at a point in time so they see real benefit from their deduction,” he explained. Comparing the … The post Life
A total of 6, 269 teenage pregnancies were recorded in the Ashanti Region between January and June, this year, Dr. Kwasi Yeboah-Awudzi, Deputy Regional Director of Public Health, Ghana Health Services (GHS), has disclosed. Out of this, 192 fell below age 14. The Region also recorded 12, 723 cases of teenage pregnancies in 2017, and … The post Ashanti records
The Ghana Health Service Council has outlined its vision statement to enhance quality healthcare delivery across the country. Dr Yao Yeboah, Chairman of the Council said the Healthcare sector of the country is faced with numerous challenges, ranging from the lack of medical equipment, shortage of hospital beds and the attitude of health professional towards … The post Health
Dr Kamal-Deen Ali, Executive Director, Centre for Maritime Law and Security Africa (CEMLAWS Africa) has urged the public to desist from polluting and degrading the maritime environment since its economic potential is huge. He said the maritime space contributes about “70 per cent of the land size of Ghana, and the socio economic potential of … The post Stop
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