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Banks in Ghana record GH¢2.5bn profit as of February 2026
Posted on with No CommentBanks operating in Ghana recorded a profit-after-tax of GH¢2.5 billion as of the end of February 2026. This is compared with GH¢2.0 billion in the same period a year earlier, a 24.1% increase in growth year-on-year. Similarly, profit-before-tax (PBT) recorded … Read more →
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Media exaggerating Libya slave trade reports – Libyan Ambassador to Ghana
Posted on | 1 CommentLibyan Ambassador to Ghana, Sallah Koni Mustafa, has accused the media of exaggerating reports of slave trade in Libya. According to him, although the North African nation has some human rights challenges, the reports only appear to highlight the ills … Read more →
Kumasi ready for Asantehemaa’s funeral
Posted on | CommentThe Kumasi Metropolis is gearing itself up for the final funeral rites of the Asantehemaa, Nana Afia Kobi Serwaa Ampem II. Almost all the monuments, roundabouts and ceremonial streets in the Garden City have been refurbished, while utility poles and … Read more →
GRA hits revenue target
Posted on | CommentWith barely a month left to the end of 2017, some key revenue agencies operating under the Ghana Revenue Authority (GRA) have met their revenue targets, we have gathered. Information available to the paper suggests that the various agencies such as … Read more →
GHANASS Matron busted for stealing
Posted on | CommentMADAM COMFORT Oduro Bruce, senior matron of Ghana Senior High School popularly known as GHANASS in Koforidua, the Eastern Regional capital, has been invited by the regional police command over an alleged stealing of some foodstuffs meant for the students … Read more →
3 Ghanaians sold as slaves in Libya
Posted on | CommentAt least three Ghanaian migrants are said to be among those who were auctioned as slaves in Libya, Ghana’s Foreign Affairs Minister, Shirley Ayorkor Botchway, said yesterday. The identities of the three are yet to be established, but they have told … Read more →
Economists laud BoG over 550 basis points cut in policy rate
Posted on | Comment• Task commercial banks to reduce lending rates significantly Some economists in Ghana have praised the Central Bank’s sound management of the monetary policy side of the economy in 2017. While describing the Bank’s efforts as highly commendable, they advised that … Read more →
Bad loans drop
Posted on | CommentTHE latest Summary of Economic and Financial Data of the Bank of Ghana (BoG) indicates that non-performing loans in the Ghana banking industry, reported as loss or bad debt, hit 10.5 percent in October. This is, however, a … Read more →
Show compassion to black Africans – Rawlings to Libyan slave traders
Posted on | 1 CommentFormer President Jerry John Rawlings has added his voice to other concerned people around the globe to condemn the alleged slave trade of black Africans in Libya. The former President said it was worrying that black Africans were being subjected … Read more →
Supreme Court says Woyome can’t run away
Posted on | CommentThe Supreme Court yesterday threw out an application filed by embattled businessman, Alfred Agbesi Woyome, which was intended to halt attempts by the state to retrieve the GH¢51.2 million he fraudulently received as judgement debt. Lawyers for the National Democratic … Read more →
23 Prostitutes fined GH¢11,000
Posted on | CommentThe 23 suspected prostitutes who were arrested by the Cantonments police last Sunday night have been fined GH¢11,040 by an Accra Magistrate Court. The convicts were each ordered to pay a fine of 40 penalty units (GH¢480) or in default … Read more →
Auditor-General finds no evidence of Ziomlion’s ¢440m debt
Posted on | CommentThe Auditor General has revealed it has found no evidence to approve the payment of more than 440million cedis demanded by Zoomlion as debt owed the sanitation company by government. In a letter intercepted by Joy News and signed by … Read more →
African court orders Ghana to suspend retrieval of GH?51.2 million from Woyome
Posted on | CommentThe Tanzania-based African Court on Human and People’s Rights (ACHPR) has ordered Ghana to suspend all efforts to retrieve the GH?51.2 million judgement debt paid to businessman, Mr Alfred Agbesi Woyome, until the court determines an appeal filed by the … Read more →
UEW to employ 121 new staff
Posted on | CommentThe University of Education, Winneba (UEW) has been given the green light by government to engage 121 new staff by the close of the year after being granted financial clearance, the acting Vice Chancellor, Very Rev. Fr Professor Anthony Afful … Read more →
PMMC to value gold before export from January 2018
Posted on | CommentFrom January next year, gold produced by large-scale miners will have to be graded, valued and tested to determine its ingredients and quality before being allowed to be exported, the Managing Director of the Precious Minerals Marketing Company (PMMC), Dr … Read more →
Homosexuality: We’re worried about the future – Chief Imam’s spokesperson
Posted on | CommentThe spokesperson for the National Chief Imam, Sheikh Aremeyaw Shaibu has described President Akufo-Addo’s comments on homosexuality has given Ghanaians a cause to worry. Speaking on News hour, Sheikh Aremeyaw Shaibu said although the president’s stance is not clearly cut … Read more →
PHOTO: 2 die as rocks smash BMW car in Tema
Posted on | 1 CommentTwo persons have died in a gruesome accident that occurred near the TT Brothers Traffic light intersection along the Tema-Aflao Highway on Sunday evening. The accident which occurred at about 5:30 pm involved a tipper truck, which was conveying boulders … Read more →
EU provides $100,000 to halt illegal timber logging
Posted on | CommentThe European Union (EU) has provided a grant of us$100,000 to help train and equip independent monitoring teams (IMT) to halt the rising illegal timber logging in Ghana’s forests. The intervention has become necessary due to massive deforestation in the … Read more →
GH¢16.3bn added to public debt in 9 months – BoG
Posted on | CommentSUMMARY of economic and financial data by the Bank of Ghana has put Ghana’s total debt stock as at the end September this year at GH¢138.9 billion. This represents 68.6% of Gross Domestic Products (GDP). Domestic debts accounted for GH¢63.3 … Read more →
Policy rate drops to 20%
Posted on | CommentThe Bank of Ghana has reduced the monetary policy rate by 100 basis points from 21 per cent to 20 per cent. It is the first in three months that the rate has seen a reduction, This was announced by … Read more →
Zimbabwe declares 21 February to be Mugabe National Youth Day
Posted on | CommentZimbabwe has officially declared 21 February to be Robert Gabriel Mugabe National Youth Day, thereby making the former president’s birthday a public holiday, the Herald newspaper reports. New President Emmerson Mnangagwa is expected to form a cabinet this week. Mr … Read more →
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(Nana Kwesi)