The Ghanaian banking sector is known for its high lending rates, which itself has contributed to low lending and high non-performing loans within the sector. But the Bank of Ghana has said average lending rates have fallen. According to the Bank, the weighted average interbank lending rate, that is, the rate at which commercial banks … The post Average
The need to deal with insecticide resistance, including the indiscriminate use of mosquito coils, which are hindering malaria prevention and control efforts in the country, formed part of discussions during a meeting between journalists and officials of the Noguchi Memorial Institute for Medical Research (NMIMR) in Accra. Looking for funding to conduct clinical studies into … The post Insecticide
Policy think tank IMANI Ghana, Thursday , urged the Government to renegotiate the Aker Energy Petroleum Agreement, saying the country is likely to lose billions of dollars should it go with the current agreement. Mr Kofi Bentil, the Vice President of IMANI Ghana, who made the call at a forum, organised by the think tank, … The post Ghana must get more
The TEN Partners Thursday said they shutdown the John Evans Attah Mills Floating Production and Storage Offloading (FPSO), which is Offshore Cape Three Points of the Western Region, on Monday, April 22, to enable outstanding works on the facility to be the completed. The shutdown, expected to last two weeks from the date of commencement, … The post FPSO Attah-Mills
The African Court on Human and Peoples’ Rights has dismissed a human rights appeal brought against the country, by one Dexter Eddie Johnson who was convicted and sentenced to death for murder and currently on death row awaiting execution. The African Court in its ruling on March 28 obtained by the Ghana News Agency said … The post African Court dismisses case against
Water supply in the Sekondi-Takoradi Metropolis and its surrounding areas is being rationed due to the low level of water in the Inchaban dam and Daboase river. The Inchaban dam and Daboase river, are the main sources of raw water supply to the treatment plant. Nana Yaw Barima-Barnie Regional Communication Manager of the Ghana Water … The post Water rationing hits
People in Nsawam and its environments have high infection of hepatitis ‘B’ This came to light after a three-day health screening exercise conducted in the area. Over 300 residents of Nsawam and its environs benefited from the free health screening exercise. The residents were screened for various sickness and diseases such as fibroid, prostate cancer, … The post Residents
A delegation from Korea Petroleum Quality and Distribution Authority (K-Petro), are in Ghana to explore partnership opportunities with the National Petroleum Authority (NPA). The visit is to also ensure that the NPA taps into the expertise of the Korean company in the areas of product quality, distribution and consumption. Mr Hassan Tampuli, the Chief Executive … The post NPA
The national mass registration of eligible Ghanaians for the Ghana Card would start on Monday, April 29, beginning with the Greater Accra Region, the National Identification Authority (NIA), has announced with a call on eligible Ghanaians to avail themselves of the opportunity. Addressing a media conference in Accra, on Thursday, Professor Kenneth Agyemang Attafuah, the … The post Mass
The Government on Thursday reaffirmed its commitment to make Ghana a major trade transit hub in the West African sub-region and all efforts will be made to actualise this objective. Mr Kweku Ofori Asiamah, Minister of Transport said transport played a crucial role in trade facilitation, social development and growth of national and regional economies. … The post Ghana
Two female cashiers of the Ejisu branch of the Multi Credit Savings and Loans Limited, on Wednesday appeared before a Kumasi Circuit Court, for allegedly stealing a total sum of GH¢274,355.50, belonging to customers. Rita Asieduwaa 33, and Mercy Nketia 30, pleaded not guilty to the charges and were granted bail totaling GH¢330,000.00, with three … The post Two
The Board and Management of Ghana Oil Company Limited (GOIL) will soon change their name to GOIL Company Limited. The proposed change of name from Ghana Oil Company Limited to GOIL Company Limited would be among other issues to be tabled at the 50th Annual General Meeting slated for May 23. A Notice of AGM … The post Ghana Oil Company Limited changes to
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