The Council of State has, unanimously, informed the President, Nana Addo Dankwa Akufo-Addo, that there is a substantial demand for the creation of new regions. The Council has, therefore, advised President Akufo-Addo to appoint a Commission of Enquiry “to inquire into the need and to make recommendations on all the factors involved in the creation ...
The Minority in Parliament has called for a bipartisan probe into the circumstances that led to the fall of UT Bank and Capital Bank, leading to their takeover by GCB Bank. The Bank of Ghana confirmed the takeover of the two banks by GCB Bank in a statement on Monday morning, announcing that it had ...
At least about fifty percent of the workers of UT and Capital bank will be laid off following the acquisition of the banks by GCB. Citi Business News has also learnt that GCB will not be compensating any of the workers that will be laid off. The infograph below provides further details of what the ...
The Indian government has donated an amount of $1 million dollars to the Akufo-Addo government for the renovation of the Flagstaff House. The edifice which serves as office for the president of Ghana was financed and constructed by the India government with $135 million in 2009. The donation was made by India’s Minister of State ...
Here is some good news for students, who would still like to win GH? 10,000 in Citi FM’s Literacy Challenge 2017 – The closing date for entries has been pushed back to Saturday, 23rd September, 2017! This is almost a month later than the original deadline, which was pegged at 26th August. Recently, Citi FM ...
The National Teachers Council (NTC) of the Ministry of Education has announced that teachers will now have to pass a special examination before being granted the licence to teach. The move, according to the NTC, is to enforce discipline and eliminate non-performing teachers from the system, in accordance with the new Teachers Licencing Policy under ...
HFC Bank (Ghana) Limited, a subsidiary of Republic Financial Holdings Limited, has announced that its Managing Director, Mr. Robert Le Hunte, will be leaving the Bank after four (4) years of service to take up a Ministerial appointment in, Trinidad and Tobago’s Government. The Board Chairman of the Bank, Mr. Charles William Zwennes, confirmed the approval of Mr. Le Hunte’s departure by the President of ...
The Minority in Parliament has requested that the Minister of Finance, Ken Ofori Atta and Governor of the Bank of Ghana, Dr Ernest Addison be hauled before Parliament to answer questions on GCB Bank’s takeover of UT Bank and Capital Bank. The two banks, according to the Minority, will also be required to “give assurance ...
The Chief Executive Officer of the Ghana Tourism Authority, Akwesi Agyeman has called for the formation of a ministerial tourism committee, to enhance visa acquisition for tourists entering the country. Mr. Agyemang said this at the inauguration of a local organizing committee for an upcoming international workshop for surveyors worldwide in Ghana. ...
The Minority in Parliament has admonished government to desist from overburdening the GCB bank with non-performing loans from collapsed UT bank and capital bank. Addressing the press on the development on Tuesday, the ranking member on Parliament’s Finance Committee Casiel Ato Forson urged the “Bank of Ghana to ensure that the acquiring bank in this ...
The Institute of Applied Science and Technology (IAST), University of Ghana, has launched the Economic Inclusion and Poverty Eradication Project (EIPEP) workshop to discuss, plan and implement strategies to achieve a total poverty free country. The opening ceremony of the workshop held on 14th August, 2017 was attended by dignitaries, Ministers of state, traditional ...
The Young Diplomats of Ghana (YDG); a nonprofit network of young aspiring diplomats and policy advocates last Friday hosted a debate to mark the 2017 International Youth Day with a call on government to create the necessary opportunities for young people to be effectively get involved in the governance and decision making process. The debate ...
Algerian President Abdelaziz Bouteflika sacked Prime Minister Abdelmadjid Tebboune on Tuesday, less than three months after appointing him, the presidency said, according to state media. “President Abdelaziz Bouteflika on Tuesday relieved Prime Minister Abdelmadjid Tebboune of his duties and appointed Ahmed Ouyahia”, the president’s chief of staff, in his place, the presidency said in a ...
GCB Bank has emphasized that it will undertake a skills assessment to determine the necessary action regarding employment following the takeover of UT Bank and Capital bank. The Managing Director of GCB Bank, Ray Sowah explains that the move will provide the necessary steps as to which staff should be retained or laid off. He ...
Premier League clubs will discuss the proposed introduction of a new summer transfer window that closes before the opening game of next season. It is understood talks will take place between every club next month about whether to change the deadline of the current window, which closes nearly three weeks after the first game of ...
Real Madrid boss Zinedine Zidane has slammed the five-game ban handed to Cristiano Ronaldo after his red card and subsequent push on the referee during Sunday’s dramatic Super Cup win over Barcelona. Madrid hold a 3-1 lead going into Wednesday’s decider against their fierce rivals but are set to be without Ronaldo at the Bernabeu. The ...
The Vice President, Dr. Mahamudu Bawumia has said the governing New Patriotic Party (NPP) will continue to borrow to help grow the Ghanaian economy but will do that responsibly and not recklessly. “A lot of people misunderstand when we say we are going to be responsible, it doesn’t mean that we are not going to ...
4G LTE operator, Busy Ghana in line with its strategy to focus on empowering the youth and entrepreneurs in Ghana, has launched the Emerging Fashion Designers competition to help jumpstart the careers of a significant number of upcoming fashion designers. This move, according to Praveen Sadalage, Chief Executive Officer of Busy, was mainly to empower ...
Child Rights International (CRI) and the West African Examination Council (WAEC) are expected to meet, over the fate of the 200 Basic Education Certificate Examination (BECE) candidates from the Bunkpurugu-Yunyoo District of the Northern Region. This follows a directive by the Human Rights Division of an Accra High court to the two bodies to find ...
Individuals and developers who have illegally acquired Government vested lands across the country will soon lose these lands and face the law. This is according to Lands and Natural Resources Minister John Peter Amewu. Reports of encroachment on these lands have led to violence in parts of Shai Osudoku in the Greater Accra Region and ...
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