None Performing Loans (NPLs) will be one of the biggest beneficiaries of the rise in minimum capital requirement. The development has been the bane of the Ghanaian financial sector for about a decade. The Bank of Ghana raised the minimum capital requirement to GH¢400 million, equivalent to about US$100 million. Commercial banks in the country have up to December 2018 ...

The Management and Staff of the Ghana News Agency announces with deep sorrow the sudden death of Nana Kodjo Jekrahuda Jehu-Appiah, a Chief Editor and Head of the Home Desk. Nana Kojo Jehu-Appiah died on September 11 whilst on admission at the Korle-Bu Teaching Hospital after a short illness. Nana Kojo is a trained journalist, who attended the University of ...

The Minister of Education, Dr. Matthew Opoku Prempeh, has disclosed that, in making sure the Free SHS policy does not run into challenges, government will always ensure that pay 20% of fees for beneficiaries is disbursed in advance before every term begins. Basic and second cycle schools in Ghana usually have three terms within every academic year. Speaking at the ...

Ghana’s female Under-20 football team, the Black Princesses will depart Accra later today with a 25-man contingent to Algeria for their Women’s World Cup (WWC) appearance as they begin the qualifiers for the 2018 event to be staged in France. The crucial encounter in Algiers comes off on an artificial turf and under floodlights and host the second leg next ...

President Akufo-Addo has revealed his government will resort to “proceeds from natural resources” to fund the free Senior High School policy. The policy is to ensure that every student eligible to enter second cycle institution gains admission with free meal and tuition. “To ensure that no child is denied access to secondary education, we are removing one of the biggest ...

The United Nations Security Council unanimously adopted a US-drafted resolution to impose new sanctions on North Korea on Monday — a move that comes just one week after the rogue nation carried out its sixth and largest nuclear test. The resolution is designed to accomplish six major goals: cap North Korea’s oil imports, ban textile exports, end additional overseas laborer ...

President and Chairman of the Progressive People’s Party (PPP) in the 2016 election has cautioned government against over politicisation of the Free Senior High School (SHS) programme. According to Dr. Papa Kwesi Nduom, this is to ensure the sustainability of the programme after the exit of the New Patriotic Party (NPP) administration. More than eight years after it was publicised ...

As the loud sound comes out through thousands of loudspeakers placed at vantage points of Redemption Camp, market shoppers pause their business, and worshippers, some of whom have been sleeping on mats in this giant auditorium for days, stop brushing their teeth to join in the worship. It was that of one of Nigeria’s megachurches organising a Holy Ghost convention ...

THE Labour MPs who defied their party leader Jeremy Corbyn to support Theresa May on the second reading of the EU withdrawal bill have been revealed. Ronnie Campbell, Frank Field, Kate Hoey, Kelvin Hopkins, John Mann, Dennis Skinner and Graham Stringer defied their own party whip to back the bill, which will allow EU law to be passed into UK ...

I was astounded to read a feature article by Dishonourable Samuel Okudzeto Ablakwa entitled ‘Martin Amidu’s “Hate Agenda” -….’ on the Modern Ghana website on 5th September 2017 in which he opens with his conduct of restraining himself from commenting on my deliberate attacks on the former President and the NDC because of his respect for elders in the NDC ...