The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate from 23.5% to 22.5%. The policy rate is indicative of the rate at which the Central Bank lends to Commercial banks. Per the new rate it means bank customers are likely to be paying less on the loan they are servicing or intend taking from the ...

GN Bank has been adjudged the Overall best Sub-Agent for 2016 at the just ended Western Union – Ecobank Subagents Awards Dinner. The event which took place at the African Regent Hotel in Accra last Saturday hosted 17 other Subagents of Ecobank including the Royal Bank, Beige Capital, Best Point Savings and Loans among others. This means many Ghanaians and ...

The Ghana Grid Company (GRIDCo) is unable to carry out maintenance works on its transmission lines within the Akwatia, Nsutem and Anyinam communities in the Eastern Region because of illegal mining activities (galamsey) close to the grid towers. The activities of the illegal miners have severely undermined the structural integrity of the towers that support the conductors, making them highly ...

Madrid (AFP) – Real Madrid’s five-year wait to win La Liga came to an end on Sunday as they edged out rivals Barcelona by beating Malaga 2-0. Here, AFP Sports looks at five key fixtures that tilted the title race in the European champions’ favour. Atletico Madrid 0 Real Madrid 3, November 19 Zinedine Zidane’s men travelled across the Spanish ...

A former Deputy Northern Regional Minister Alhaji A.B.A Fuseini has observed that the ruling New Patriotic Party (NPP) is doing the reverse of what it promised Ghanaians in the run-up to the 2016 general elections. He said the party and its leaders criticized the former administration of being incompetent and also led by incompetent leadership, but four months after taking ...

Ghana’s Under-17 team have been hit by an outbreak of malaria rendering more than five key players as doubts for the semi-final clash against Niger in the ongoing CAF U17 Championship. Head coach Paa Kwesi Fabian is reportedly struggling with the continent’s common disease. Wideman Edmund Ako-Mensah, left-back Gideon Acquah and Abdul Razak Yusif have all been knocked back by ...

Saudi Arabia and the United Arab Emirates are donating $100 million to a women’s empowerment fund proposed by Ivanka Trump, President Donald Trump’s elder daughter and a senior White House adviser. World Bank President Jim Yong Kim announced the contribution to the World Bank Women Entrepreneurs Fund at a meeting in Riyadh between Ivanka Trump and 15 Saudi women Sunday, ...

As the leading global information and communications technology (ICT) solutions provider, Huawei Technologies has launched the 2017 edition of their flagship Corporate Social Responsibility initiative, Seeds for the Future in Ghana at a short ceremony at with the Ministry of Communications. This year’s edition will see 15 top university students travel to China to be trained in Beijing and Shenzhen, ...

As if it was not enough what loyalists of former President John Dramani Mahama did to the founder of the National Democratic Congress (NDC), former President Jerry John Rawlings, when the party was in power, they are on it again as their plot to expel him (Rawlings) from the party has been uncovered. This time around, the poodles of former ...

A Harvard student has become the first in the university’s history to submit a rap album for his senior thesis. Student Obasi Shaw, who will graduate from the prestigious university next week, produced his album Liminal Minds while other classmates wrote novels, poems, and short stories. The 10-track album is the first to be submitted as a senior thesis at ...