The Bank of Ghana (BoG) has ordered commercial banks in the country to reduce their interest rates in tandem with the recent reduction of the policy rate. The Monetary Policy Committee of the Central bank in May announced the reduction of the policy rate from 23.5% to 22.5%. It is indicative of the rate at which the Central Bank lends ...

Justice Nana Dankwa, a young Ghanaian based in the United States who proposed to actress-Gloria Sarfo at the 2013 Kumawood and Akoben Awards held in the Ashanti Regional Capital, Kumasi with cameras all over and to the delight of those who had gathered is reported dead. Two years after Justice and Gloria got engaged on the high stage which earned ...

Angry and disgruntled youth backed by constituency executives have vowed to shut down the Savelugu Municipal Assembly office Thursday morning despite the presence of armed soldiers who escorted and inducted the Municipal Chief Executive, Hajia Aishetu Seidu into office. It was her first time in office two months after her overwhelmed endorsement. She was blocked by the youth, majority of ...

An Accra High Court has ordered Gloria Appiah, former wife of ex Black Stars midfielder, Nii Odartey Lamptey, to vacate the East Legon residence of the former Coventry City player. Ms Appiah failed in an attempt to gain 50% share of his assets after the Court presided by Justice Cecilia Don-Chebe Agbevey ruled that having three children out of wedlock ...

The Pirate Bay can be held liable for copyright infringement, which could signal “the end” of the platform, according to a European Court of Justice ruling. The ruling is part of a long-running dispute between the platform and Dutch anti-piracy group Stichting Brein. Stichting Brein wants two Dutch ISPs to block access to the site.The judgement could have a knock-on ...

A million Koku Anyidohos cannot stop the return of President John Dramani Mahama as the standard flagbearer of the National Democratic Congress (NDC) in 2020, according to the convener of a pro-NDC youth group ‘Boys and Girls-Girls for Mahama’ on Wednesday in reaction to attempts to sabotage the former President on GHOne by the Deputy General Secretary. The former Presidential ...

The death has been reported of Mr. J.H. Owusu-Acheampong in Accra. Confirming the news, a member of the Akwamu division of the Berekum Traditional Area confirmed the death of the former Agric minister who, according to the confirmation died yesterday. A meeting of elders from the Akwamu division of the Berekum Traditional Area has been convened to deliberate over the ...

Ghana’s Auditor General, Daniel Domelevo, has pledged to recover every penny siphoned from the State’s coffers. This comes after a seven-member panel of the Supreme Court (SC) ruled Wednesday ordering him to immediately initiate process of surcharging any person found to have misappropriated State funds. Also, the panel headed by Ghana’s Chief Justice nominee, Justice Sophia Akuffo directed that where ...

The Inspector General of Police (IGP), David Asante-Apeatu, has dared the interdicted police officers in the $1.3 million gold scam to sue the police as threatened. Embattled DSP Emmanuel Basintale, and some other interdicted officers have threatened to seek legal redress following their interdiction. But commenting on the issue in an interaction with the media after the Interior Minister paid ...

Former boxing world champion Floyd Mayweather will fight UFC champion Conor McGregor in a light-middleweight boxing match in Las Vegas on 26 August. American Mayweather, 40, posted a video on Twitter confirming the fight details with the message: “It’s official.” Irish UFC lightweight champion McGregor, 28, said: “The fight is on.” It is reported each fighter could earn as much as $100m (£78.4m) from the ...