Banks, following the domestic debt exchange programme, have recorded huge losses in the first quarter of the year. According to Chief Executive Officer of the Ghana Association of Banks, John Awuah, while the banks had anticipated such significant losses, they had taken a strategic position by agreeing to the DDEP. Describing the process of signing onto the programme as a ...

11 female opposition lawmakers have been arrested in Uganda during a protest over what they allege is police brutality. The legislators took to the streets Thursday to voice their dissatisfaction over what they are calling a violation of the rights of women and a threat to their lives, which they say also violates the Constitution. Scuffles erupted between the women ...

Great Olympics coach Bismark Kobi Mensah has expressed his satisfaction with his team’s performance in their 2-0 victory over Asante Kotoko in the Ghana Premier League on Thursday. The Wonder Club came into the game on the back of a disappointing draw against Tamale City but responded very well with a splendid performance to beat title chasers Kotoko at the ...

E-commerce and digital transactions expanded rapidly on the African continent during the outbreak of the COVID-19 pandemic as health-related restrictions limited foot traffic in malls, prompting greater levels of online retail activity. Africa led mobile internet usage as of 2021 compared to other regions. The continent led by 13 per cent above the global average, and almost five per cent ...

The Nigerian government has decided to delay the removal of fuel subsidies, citing the need for further preparations and consultations with key stakeholders, including the incoming administration. Nigeria’s Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed, disclosed this to local media on Thursday after the valedictory Council meeting presided over by Vice President Yemi Osinbajo at the Council ...

Great Olympics coach Bismark Kobi Mensah has expressed his satisfaction with his team’s performance in their 2-0 victory over Asante Kotoko in the Ghana Premier League on Thursday. The Wonder Club came into the game on the back of a disappointing draw against Tamale City but responded very well with a splendid performance to beat title chasers Kotoko at the ...

Ghanaian businessman Dr Kofi Amoah has made good on his promise by donating GHS 10,000 to MVP Academy, a football academy owned by 25-year-old Gideon Danquah. The story was initially reported by 3Sports journalist Bill Eshun and after watching it air on TV3, Dr Amoah promised to support Danquah’s academy in Obuasi. Dr Amoah, who previously headed Ghana’s football during ...

An aspiring presidential candidate of the National Democratic Congress (NDC), John Dramani Mahama, has said the country’s cocoa sector is on the verge of collapse because of the mismanagement of the sector by the government. Addressing party supporters and branch executives at the start of a two-day campaign tour of the Western North Region, Mr Mahama said the government’s failure ...

Afropop star KiDi has returned with new music after taking a break due to undisclosed health issues. In the new song, titled ‘I Lied’ the singer/songwriter opened up about having to hide his illness and putting on a smile in public while suffering alone. KiDi noted that he stayed strong with the help of his mother and closed ones. He ...

A Turkish evacuation plane coming into land at an airbase outside Sudan’s capital, Khartoum, has been fired at, Turkey’s defence ministry confirms. No-one was injured and it landed safely at Wadi Seidna, where it was being checked. Sudan’s army blamed paramilitary fighters for firing at the aircraft and damaging its fuel system. The Rapid Support Forces (RSF) denied the allegation, ...