First Atlantic Bank is set to meet the new minimum capital requirement of 400 million cedis for banks by the second quarter of this year, 2018. This comes after the bank secured various investments, with the most recent being an investment with Advanced Finance and Investment Group (AFIG). The Governor of the Bank of Ghana, ... The post First Atlantic Bank secures investment
The Member of Parliament for Zabzugu Constituency in the Northern Region, Alhassan Umar Obaako, has been involved in a car crash on the Tamale-Zabzugu road. A former District Chief Executive for the area, Iddrisu Alidu Laabandoo, and their driver, were part of those on-board. Alhassan Umar Obaako reportedly broke an arm, whilst the former DCE also ... The post Zabzugu MP, others involved
The Chief Executive Officer of Goodwill International Group, Philip Assibit, will be appealing his 16-year jail term. Speaking to the media after court proceedings, Assibit’s lawyer, Kwaku Paintstil, said the appeal will include an application for bail. “Obviously, I have gotten instructions [to file an appeal against the conviction] and we are going to do ... The post GYEEDA
Asante Kotoko have dismissed head coach Steve Polack following the club’s exit from the CAF Confederations Cup at the hands of CARA Club of Congo Brazzaville on Wednesday. Kotoko appointed Polack in May 2017 and he led them to win the 2017 MTN FA Cup after they beat Hearts of Oak 3-1 in Tamale. The ... The post Asante Kotoko fire Steve Polack appeared first on Ghana
President Nana Akufo-Addo has left Ghana for a 10-day visit to Togo, the United States of America, and Germany. The President’s visit to Togo will see him resume mediation efforts to find “a lasting solution” to the country’s political impasse, according to a statement from the Presidency. In the US, the President Akufo-Addo will become the first ... The post Nana
Ghana’s first Special Prosecutor, Martin Amidu, says he has not received any writ from the Supreme Court supposedly challenging his eligibility for the position. “I wish the public to know that nobody has served me personally with any writ or statement of case or injunction challenging my nomination, approval and appointment so as to restrain ... The post I’ve not been served
Students of Power College, a Remedial and Private Secondary School in Ho in the Volta Region, have contributed part of their provisions meant for school as donations at the Ho Municipal Hospital’s Children’s Ward. The donation included toiletries, detergents and other assorted items which the students said were their widow’s mite to support the welfare ... The post Power
It is emerging that the Tema Oil Refinery (TOR) will need some 300 million dollars before it could refine products to the current specified sulphur content for diesel of 50 parts per million. The development also puts consumers at risk as there are fears the products may have been in circulation at the various retail ... The post Low funding keeps sulphur in diesel products from
Workers of Architectural and Engineering Services Limited, (AESL), have called off their strike following the resignation of the state agency’s Managing Director, Lois Atongo. The workers in various regions had been on strike for nearly two weeks to demand their seven months unpaid salaries. They also asked government to take action against the managers of ... The post AESL workers
The Ghana Police Service (GPS) has announced the arrest of the suspected leader of an all-female syndicate engaged in the merchandise business. According to a statement signed by the Assistant Superintendent of Police, Olivia Turkson, the fraudsters approach wholesalers, retailers and petty traders and engage them in a bargain for products including air conditioners, folding chairs, ... The post Suspected
Tutors of the Bolgatanga Nursing Training College are asking the Ministry of Health to reconsider the transfer of two of their colleagues, saying that action was taken because the two made allegations of corruption against the school’s principal, Bawa Awalu. The impasse between the Principal and tutors brought academic work to a halt in November ... The post Bolga
Sanitation management firm, Zoomlion Ghana Limited has lauded the decision taken by the Youth Employment Agency [YEA] to restructure its sanitation module under which Zoomlion dispenses services. According to Zoomlion, the move is a very commendable saying it will “serve as a blueprint for other modules going forward.” The sanitation management company however used the opportunity ... The post Zoomlion
Contrary to suggestions that the Office of the Special Prosecutor may not achieve much because there’s likely to be some executive influence, President Akufo-Addo has reassured Martin Amidu, that the independence of his office will not be compromised by the executive or any other arm of government. The President gave the assurance when he swore ... The post Your independence
The Special Prosecutor, Martin Amidu, has promised not to fail in delivering on his mandate to fight corruption in the country, saying not even claims that he will embark on a political witch-hunting drive will deter him from working. “I have given Mr. President my word of honour that I will discharge the duties of ... The post ‘Witch-hunting propaganda won’t stop me’ –
The Volta Region is losing out on about GH¢1.2 billion from the under-utilization of the vast arable lands in the region, a budget analyst has revealed. According to Mr Kwame Sowu, who is also the Chairman of Energy Synergy, lots of business opportunities, particularly in Agribusiness, abound the Volta Region. But the underutilization of these ... The post V/R losing
President Nana Akufo-Addo led hundreds of mourners who converged at the forecourt of the State House to bid farewell to renowned Scientist and Mathematician, Professor Francis Allotey. Reading a tribute on behalf of the government, the Minister of Environment Science and Technology Professor Frimpong Boateng described Prof. Allotey as a “fiercely loyal Ghanaian.” His final ... The post State
President Nana Akufo-Addo has sworn in Martin Amidu as Ghana’s first Special Prosecutor. Mr. Amidu was sworn in today [Friday] at the Flagstaff House. The former Attorney General received unanimous approval from Parliament earlier this week, despite a pending suit at the Supreme Court over his eligibility for the position. The Deputy Ranking Member on ... The post Amidu sworn
An Accra High Court has sentenced the former National Coordinator of the Ghana Youth Employment and Entrepreneurial Agency [GYEEDA], Abuga Pele, and the Chief Executive Officer of Goodwill International Group, Philip Asibit, to twenty five years, for willfully causing financial loss to the state. Abuga Pele will serve ten years, whereas Assibit will serve Twenty ... The post Abuga Pele
An Accra High Court today, Friday, February 23, 2018, sentenced the former National Coordinator of the Ghana Youth Employment and Entrepreneurial Agency [GYEEDA], Abuga Pele, and the Chief Executive Officer of Goodwill International Group, Philip Assibit, to twenty six years in jail, for willfully causing financial loss to the state. Abuga Pele will serve ten ... The post GYEEDA
An Accra High Court today, Friday, February 23, 2018, sentenced the former National Coordinator of the Ghana Youth Employment and Entrepreneurial Agency [GYEEDA], Abuga Pele, and the Chief Executive Officer of Goodwill International Group, Philip Assibit, to a combined jail-term of eighteen years on various counts, including willfully causing financial loss to the state. Per ... The post GYEEDA
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