The president of the Ghana Bankers Association Alhassan Andani has warned that the controversies surrounding the 15-year domestic bonds issued recently by the government could spell doom for the economy. The minority at a press conference Tuesday April 18, 2017 accused Mr. Ofori-Atta [the Finance Minister] of conflict of interest in the issuance of the $2.25 billion domestic bond, arguing ...

Public Relations Officer of the Ghana Education Service says school heads who are charging final year students unapproved fees will be sanctioned. Reverend Jonathan Bettey says the charging of third term fees has not been authorized by the Education ministry. The school heads are threatening that final year students who fail to pay their fees will not be allowed to ...

John Awuah, CEO, UMB UMB has posted an after-tax profit of GH¢20.4million for the 2016 financial year, representing an impressive 455 percent increase in after tax profit. The bank also recorded a 57 percent increase in customers’ deposits and a 97 percent increase in total assets. Commenting on the bank’s excellent financial results, Chief Executive Officer (CEO) of UMB, John ...

Inter Allies have suspended head Coach Prince Owusu for one official match due to negative rhetoric he directed towards Management of the Club during the league match against Ashantigold at the El Wak Stadium on Sunday. Assistant Coach Wilson Asare is hereby directed to Head the Technical Team in the MTN FA Cup R64 match against Liberty Professionals on Saturday ...

The Minority in Parliament has slammed the Ministry of Finance for personalizing the debate over the controversial US$2.25 billion bond. Government issued 15 and 7-year bonds with a coupon rate of 19.75%, raising a total amount of USD1.13 billion. The Finance Ministry additionally raised cedi equivalent of USD1.12 billion in five and 10-year bonds through a tap arrangement. Former deputy ...

Only two games separate Jose Mourinho’s men from the competition decider in Sweden, but the Spanish side stand in their way Manchester United have drawn Celta Vigo and Ajax have drawn Lyon in the Europa League semi-finals. Jose Mourinho’s men battled past Anderlecht in extra-time thanks to a winner from young striker Marcus Rashford on Thursday, winning 3-2 on aggregate. ...

A female student of the Asante Mampong Nursing and Midwifery Training School in the Ashanti region has allegedly committed suicide. The deceased is alleged to have drunk a poisonous substance and was rushed to the Mampong Government Hospital by her colleagues on Wednesday, April 19 but was later referred to the Komfo Anokye Teaching Hospital where she died today, April ...

The CEO of skin care company, Second Image, says ladies who try to change their skin colour by bleaching may have a mental problem. Nikki Boamponsem cautioned women who bleach their skin to desist from the practice. The Second Image CEO made the comments while speaking at a seminar organised as part of the Africa Makeup and Beauty Fair in ...

At least seven Manchester United fans were killed and several more injured in a mass electrocution in Nigeria on Thursday night while watching their team’s 2-1 Europa League victory over Anderlecht. Police said seven supporters at a viewing centre in the port city of Calabar in Cross River State when a electrical cable fell on the structure. 10 more are being treated in a local hospital ...

Twenty children have been killed in a minibus crash near the South African capital Pretoria, emergency services have said. The children died after the vehicle burst into flames following a collision with a truck just north of the capital. There were understood to be both primary and secondary school-aged children on board. Panyaza Lesufi, the official responsible for education in ...