News
Golden Star Wassa Ltd appoints Mr. Carl Baker-Duly as Chief Executive Officer
By Juliet Aguiar DUGBARTEY Golden Star Wassa Ltd (GSWL), a gold mining company in Ghana and a subsidiary of Chifeng Gold has announced that its Board of Directors have appointed Mr. Carl Georg Baker-Duly as Chief Executive Officer (CEO) of GSWL. Prior to this appointment, Mr. Baker-Duly was appointed by the Executive Committee of Chifeng […]
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Featured
Further attacks on our personnel would be met with appropriate response – GAF
The Ghana Armed Forces (GAF) has issued a stern warning in response to recent attacks on its installations and personnel, stating that any further aggression will be met with appropriate action. This caution follows a clash between the youth of Tema New Town and naval personnel, resulting in the tragic deaths of two individuals on […]
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Featured
Two dead in clash between youth, Navy at Tema Manhean
Two individuals have tragically lost their lives in a clash between local youth and navy personnel at Tema Manhean in the Greater Accra Region. The incident occurred on the evening of Friday, April 12, 2024. As part of this year’s Kplejoo festival, the youth organized a street procession. Upon reaching the street in front of […]
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Business
BoG’s Cash Reserve Ratios hampering private sector credit – Analysts warn
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […]
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Dreams FC in line for $2 million jackpot in CAF Confederation Cup
Dreams FC are two steps away from earning a whopping $2 million in the CAF Confederation Cup. The Still Believe boys beat Stade Malien 3-2 on aggregate on Sunday at the Baba Yara Sports Stadium in Kumasi to book their first-ever semi-final appearance in the competition. For this achievement, the Ghanaian side is guaranteed an […]
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Dreams FC vs Zamalek: Can underdogs continue fairy tale run in semifinals?”
Dreams FC are into the semifinals of the CAF Confederation Cup and have a clash against Egyptian giants Zamalek. In this match, they will surely be the underdogs, but they are one of those underdogs who make this game more beautiful. If we talk about the journey of Dreams then that is nothing but a […]
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No VAR: Confederation Cup quarter-final without technology after delay in release
The Confederation of African Football (CAF) confirmed earlier on Sunday that the Video Assistant Referee (VAR) technology, a tool that has been a mainstay in CAF Competitions, is not being used for the ongoing quarter-final second leg of the game between USM Alger and Rivers United in the CAF Confederation Cup The African football governing […]
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International
Gaza: Israel urged to publish full report on aid worker deaths
Food charity World Central Kitchen (WCK) has called for an independent investigation into the killing of seven of its staff by Israeli drone strikes in Gaza. It comes after the Israel Defense Forces (IDF) said “grave mistakes” led to the fatal targeting of the workers. An Israeli military inquiry led to two senior officers being […]
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Business
CAL Bank Board approves GHC600m renounceable rights issue
The Board of Cal Bank Ghana PLC has approved a GHS 600 million renounceable rights issue to be sourced through private placement of ordinary and preference shares to new investors. The issuance comprises 1,872,461,736 ordinary shares of no-par value, priced at GHS 0.29 pesewas per share, and 196,503,781 preference shares of no-par value, also priced […]
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International
Ukraine war: Six Russian planes destroyed by drones, says Kyiv
Ukraine has carried out a drone attack against targets in southern Russia and claims to have destroyed six Russian planes at an airbase in Rostov region. Security sources told BBC Ukrainian eight more aircraft were badly damaged, and 20 service personnel could have been killed or injured. The Morozovsk base houses Su-27 and Su-34 aircraft […]
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John Antwi looks ahead to semi-final berth in African adventure
Dreams FC are on the cusp of a historic achievement as they aim to book their place in the semifinals of the continental club competition. The Ghanaian side holds a slender 2-1 advantage from the first leg in Bamako and will look to finish the job at home. The experience of veteran striker John Antwi […]
The post John Antwi looks ahead to semi-final berth in African adventure
Africa
Education and business: how Russia and Ghana can help each other grow
In the past few years, the whole world has faced changes – or one might even say structural shifts – in the economy, society, logistics and other areas. The new state of business relationships require completely different approaches and business decisions. Global challenges have forced different countries to implement projects and initiatives that would allow […]
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Banking & Finance
Editorial: CRR directive expected to mop up US$1.2 bn from banks
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […]
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CAF Confed Cup: “We thought going to Africa will be counterproductive” – Dreams FC
Ameenu Shardow, the General Manager of Ghana Premier League side, Dreams FC says the club contemplated opting out of the CAF Confederations Cup due to financial constraints. Dreams FC have made the most of their time in the CAF Confederations Cup this season and are on the verge of booking a place in the semi-finals […]
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Featured
It was a brief generator trip – Tema General Hospital on viral video
The Tema General Hospital has responded to a viral video showing its Neonatal Intensive Care Unit (NICU) in darkness with nurses struggling to care for babies during a power outage. The Hospital in a statement clarified that it was a brief generator trip-off. The medical director at the facility, Dr. Richard Anthony, confirmed that the […]
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Dreams FC coach Karim Zito impressed with CAF Confederation Cup officiating
Dreams FC coach Abdul Karim Zito has commended the officiating standards in this season’s CAF Confederation Cup, expressing his satisfaction with the referees’ performance thus far. The Ghana FA Cup champions have reached the quarter-finals of the competition, marking the first time in two decades that a Ghanaian side has achieved this feat. As they […]
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