Author Archives: larryehu

uniBank shareholders bought estates with bank’s monies

It has emerged that shareholders of uniBank used monies from the bank to acquire estate properties in their own names. According to the central bank “uniBank’s shareholders and related parties admitted to acquiring several real estate properties in their own names using the funds they took from the bank under questionable circumstances”. The governor of the Bank of Ghana, Dr. ...

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Fast-track approval of university fees – Kufuor

Former President John Agyekum Kufuor has called on Parliament to expedite action on the passage of the 2018/2019 academic year fees for tertiary institutions across the country. According to him, delays in approving the fees will disrupt activities on the academic calendar of universities. Speaking at the 10th Graduation Ceremony of the George Grant University of Mines and Technology at ...

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Create space to absorb high numbers of Free SHS students – Akufo-Addo to university heads

President Nana Addo Dankwa Akufo-Addo has tasked heads of tertiary institutions across the country to make adequate preparations for the intake of Senior High School students benefitting from the Free Senior High School policy initiated by his government. Despite pressure from the opposition to terminate the policy, Akufo-Addo, passionate about the plan to ensure every child has access to education, ...

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NAGRAT joins others in the push for double-track suspension

The National Association of Graduate Teachers (NAGRAT) has joined the Ghana National Education Campaign Coalition (GNECC) to call for the suspension of the double-track system for Senior High Schools. The association of graduate teachers wants government to engage enough stakeholders before going ahead with the implementation of the new system. “If it is rolled out anyway without our inputs and ...

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The 5 CEOs/MDs behind the ‘collapsed’ banks

The Bank of Ghana on Wednesday August 1, 2018, announced that it has consolidated five domestic banks into what it calls the Consolidated Bank Ghana Limited. The five banks are uniBank, Royal Bank, Sovereign Bank, Beige Bank and the Construction Bank. According to the Governor of the Bank of Ghana, Dr. Ernest Addison, some of the banks obtained their licenses ...

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EU observer mission says Zimbabwe election falls short of credibility test

The European Union observatory mission in Zimbabwe says while the 2018 presidential election was largely peaceful, use of state resources and delays by the electoral commission to relay presidential results could affect the credibility of the vote. “The political climate has improved, (…) but unequal opportunities (between candidates), voter intimidation and lack of confidence in the electoral process have undermined ...

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Nigeria’s Buhari heads to London for 10-day vacation

Nigerian president Muhammadu Buhari begins a 10-day vacation to the United Kingdom, the presidency stated on Wednesday. The septuagenarian is expected to leave Abuja for London on Friday August 3, 2018. As required by law, the presidency said a letter to that effect had been transmitted to leaders of both houses of the legislature. Vice-president Yemi Osinbajo is expected to ...

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Zimbabwe: At least one person is shot dead as army clashes with opposition supporters

One person was shot dead by Zimbabwean soldiers in the capital city Harare on Wednesday after troops were deployed to quell protests over this week’s presidential election, witnesses told a Reuters photographer. Witnesses said automatic gunfire was heard on the streets while an army helicopter was also seen flying in the skies above Harare. Police had earlier fired tear gas ...

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The devil can’t use me again – Lord Paper

Hip-pop and Afrobeat artiste Lord Paper appears to have changed his ways from the worldly life to a Godly one after a prayer session with the founder of Perez Chapel International, Bishop Charles Agyin-Asare. This comes after his controversial X-rated ‘Awurama’ video in 2016 boomeranged but attracting so many criticisms that threw a big blow to his proliferating music career. ...

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Jordan Ayew: Swansea striker to leave with Crystal Palace keen

Striker Jordan Ayew looks set to join his brother Andre in departing Swansea City following their relegation from the Premier League. Crystal Palace have been linked with a move for last season’s top scorer at the Liberty Stadium, possibly as part of a swap deal with Jairo Riedewald. Riedewald started four league games last season after a move from Ajax. ...

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