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Trump says King will be ‘very safe’ during US visit after security talks
Posted on with No CommentDonald Trump has said King Charles III will “be very safe” during his state visit to the US, which is due to begin later on Monday. Further security talks took place between the White House and Buckingham Palace after a … Read more →
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MP dismantles community boreholes after losing election
Posted on | CommentA disgruntled politician who suffered a defeat in Uganda’s parliamentary elections has reacted by removing boreholes he commissioned while in office. The boreholes have been a major source of water supply for residents in Nebbi Municipality, a district in northern Uganda, … Read more →
Consolidated Bank overtakes GN Bank and Ecobank Ghana
Posted on | CommentThe newly established Consolidated Bank Ghana Limited (CBG) has overtaken GN Bank and Ecobank Ghana Limited to become the second biggest bank by branch network in the country. After consolidating the operations of five erstwhile banks, CBG’s branches came up … Read more →
Collapsed banks’ staff handed 60-day probation at Consolidated Bank
Posted on | CommentThe newly-formed Consolidated Bank Ghana Limited is offering former workers of the five collapsed banks a 60-day probation period to assess their employability. This was contained in a letter handed to the employees of Unibank, Beige Bank, Sovereign Bank, Construction … Read more →
Tempane Assembly confirms DCE
Posted on | CommentAssembly members of newly created Tempane District in the Upper East Region have confirmed the President’s District Chief Executive nominee for the area, Paul Azumah Abugri. Out of a total of 24 assembly members present and voting, 21 voted in … Read more →
We had no knowledge of Sovereign Bank set up – All-Time Capital
Posted on | CommentAssets management company, All-Time Capital Limited has said it was not aware deals it had with the now-defunct Capital Bank and related companies would lead to the creation of Sovereign Bank, which also collapsed. This in response to revelations part of … Read more →
Argentina abortion: Senate defeats bill after polarising debate
Posted on | CommentArgentina’s senate has rejected a bill which would have legalised abortion in the first 14 weeks of pregnancy. After a marathon debate, 38 senators voted against it and 31 in favour. Its defeat means lawmakers must wait until next year … Read more →
Akufo-Addo – Gov’t Committed To Decongesting Country’s Prisons
Posted on | CommentThe President of the Republic, Nana Addo Dankwa Akufo-Addo, has reiterated the commitment of his Government to decongesting the prisons across the country. Speaking at the graduation ceremony of Officer Cadet Course Intake 25 of the Ghana Prisons Service, at … Read more →
We’re Duly Licensed – Menzgold Rubbishes PMMC Claims
Posted on | CommentLawyers for gold trading company Menzgold have rejected claims by the Precious Minerals Marketing Company (PMMC) that the company’s licence has been revoked. It follows ongoing disagreements between Menzgold and the Bank of Ghana over its operations. Managing Director of … Read more →
Akufo-Addo To Politicians – Stop Begging Martin Amidu
Posted on | CommentPresident Nana Addo Dankwa Akufo-Addo has cautioned persons who are trooping to the Special Prosecutor, Martin Amidu, to beg him to drop investigations into their suspected corrupt practices to stop because they are engaging in a fruitless venture. Speaking at … Read more →
Why Menzgold trading license was revoked in 2015 – PMMC
Posted on | CommentIt has been a torrid week for gold dealership firm, Menzgold Ghana Limited with regards to regulators. Earlier in the week, Menzgold’s operations were rocked with a public notice from the Bank of Ghana warning the public not to deposit money with … Read more →
I’ll never legalize homosexuality – Prez. Akufo-Addo
Posted on | CommentPresident Nana Addo Dankwa Akufo-Addo has stated that the government of Ghana has no authority to legalize same-sex marriage in Ghana and that government will not seek any such authority to do same. Speaking at the Global Evangelical Church’s 2018 … Read more →
Christian Council wants directors of collapsed banks prosecuted
Posted on | CommentThe Christian Council of Ghana has called for the arrest and prosecution of all those involved in the recent banking scandal. It said those directors of the banks and officials of the Bank of Ghana (BoG) found culpable must be … Read more →
Police officer in Midland assault granted Gh¢60,000 bail
Posted on | CommentThe Accra Circuit Court has granted bail to Lance Corporal Frederick Amanor in the sum of Gh¢60,000 with two sureties for allegedly assaulting Patience Osafo, a customer of Midland Savings and Loans Limited. According to the court presided over by … Read more →
Land-Guards Tormenting Property Owners At Peduase
Posted on | CommentA group of notorious land-guards, led by one Kwasi Agyeman Oduro is said to be terrorizing landowners within the Peduase-Akwapem area in the Eastern region. The modus operandi of the group is to show up with fake land titles and … Read more →
Alumni Lament – Bolga Poly Turning Into Ghost Campus
Posted on | CommentGovernment’s conversion of some polytechnics in the country into technical universities but taking too long to do same for the others appears to be pushing the Bolgatanga Polytechnic gradually to a verge of collapse. A number of analysts, as well … Read more →
AMERI Deal: MoF, AG, VRA Were Consulted
Posted on | CommentIt has emerged that top government officials and agencies were involved in the renegotiation of the botched controversial AMERI deal which led to the sacking of the Energy Minister Boakye Agyarko. A memorandum accompanying the Novation and amendment deal and … Read more →
Capital Bank Board squandered BoG cash – Report
Posted on | CommentThe then-Board Chair of the now-defunct Capital Bank, Dr. Mensa Otabil is suspected to have been party to the misuse of liquidity support given the bank by the Bank of Ghana (BoG), according to an investigative report sighted. The report … Read more →
Amoabeng hid GHC 5m loan payment from UT Board – Report
Posted on | CommentAn investigative report into the operations of now-defunct UT and Capital Banks has revealed that some payments were made to former Chief Executive Officer and Director of U.T Bank, Mr. P.K Amoabeng from a loan defaulting entity, Kofi Jobs Limited. … Read more →
2 Tamale robbers jailed 55 years
Posted on | CommentTwo armed robbers who attacked and robbed two persons at Kanvili-Tuunayili, a suburb of Tamale in the Northern Region on Sunday, July 29, 2018 have been sentenced to a total of 55 years in prison. The convicts, Imoro Abdul-Rahaman, 25 years; and Mubarik Abu, 23 … Read more →
Job Loss Scare As Consolidated Bank Serves Staff Letters
Posted on | CommentSome employees of the now consolidated banks are likely to lose their jobs in the coming days as a probation has been given out to them by management. The letter which welcomes the staff to their new employer also noted … Read more →
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(Nana Kwesi)