Business
World Bank predicts significant drop in global food prices in 2025
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […]
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General
Brawl between military, prison officers at Bawku due to lack of trust – Bonaa
Security analyst, Dr. Adam Bonaa says the fight between military peacekeeping troops and officers of the Ghana Prison Service at Bawku in the Upper East Region could be occasioned by the lack of trust among the security agencies in the region. This comes on the back of fighting between military peacekeeping troops and personnel of […]
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Editorial
Editorial: Civil Servants Must Refrain From Partisan Political Activities
The Head of the Civil Service of Ghana, Dr. Evans Aggrey-Darkoh, has called on civil servants across the country to refrain from engaging in political activities in the lead-up to the 2024 General Election, according to a report by Citinewsroom.com. He urged them to concentrate on fulfilling their roles in driving general economic growth by […]
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Business
NDC will create women millionaires through establishment of Women’s Bank – Jane Opoku-Agyemang
Professor Jane Naana Opoku Agyemang, running mate to National Democratic Congress (NDC) flag bearer John Mahama, announced plans to create women entrepreneurs and millionaires through the strategic establishment of a Women Development Bank. “We will actively pursue the establishment of a Women Development Bank to nurture and grow women-owned, women-led businesses,” Opoku Agyemang stated. “Women […]
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Headlines
Kofi Amoaben endorses Mahama as right leader for Ghana in 2025
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […]
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Business
Release KPMG’s report on GRA-SML probe – Bright Simons to Akufo-Addo
Vice President of IMANI Africa, Bright Simons has called on President Akufo-Addo to make public the KPMG’s report on the investigation conducted on the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML) deal. President Akufo-Addo says the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue […]
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Sport
Prosper Ogum apologises to Kotoko fans over recent poor performance
By: Nana Kwame Bediako Kumasi Asante Akoto head coach Dr. Prosper Ogum Narteh has called on Kotoko fans to forgive him, as he is to blame for the abysmal performances of the Porcupine Warriors in the second round of the Ghana Premier League, which have them winning only two games. The experienced coach apologised to […]
Business
Domestic capital market still a viable source of funding – Kobby Bentsi-Enchill
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […]
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General
Lordina Mahama interacts with young ladies at a singles camp meeting
Former first lady Mrs Lordina Dramani Mahama has shared time-tested advice with young ladies attending a singles camp meeting and inspired them to make the most of their singleness while striving for personal and spiritual growth. Mrs Mahama was speaking as the special guest of honour at the 2024 Young Singles Camp Meeting of the […]
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General
Driver who caused accident on Tema-Mpakadan rail lines jailed for six months
Abel Dzidotor, a 41-year-old truck driver who abandoned his vehicle on the Tema-Mpakadan rail lines, has been sentenced to six months in jail by the Juapong Circuit Court. This was after he pleaded guilty to three out of four charges namely – careless and inconsiderate driving, unauthorized stopping, and causing harm. He was convicted on […]
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Business
Federation of Kumasi Traders threaten to sue Kejetia management, Fire Service
The Chairman of the Federation of Kumasi Traders Association, Nana Prempeh, has threatened to sue the Ghana National Fire Service (GNFS) and the management of the Kejetia Market in Kumasi. According to him, the market has been operating without a fire certificate and insurance cover, which is a violation of the GNFS’s Legal Instrument (LI) […]
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Business
Kejetia traders exposed to poisonous emissions – Federation Of Traders
Chairman of the Federation of Kumasi Traders, Nana Prempeh, has raised serious concerns, traders at the Kejetia Market particularly those at the ground floor are exposed to poisonous vehicular fumes. He made the disturbing observation in an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM. According to Nana Prempeh, the extractors installed to absorb these […]
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General News
Communications Minister urges public to desist from dealing in pre-registered SIMs
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
General
Truck driver involved in new DMU train accident arrested
The Ghana Police Service has arrested the driver of a Hyundai truck with registration number GS 9018 – 20 for allegedly causing an accident involving a Diesel Multiple Unit (DMU) train on the Tema-Mpakadan railway line today Thursday 18th April 2024. Police preliminary investigation has established that the suspect driver left the said vehicle unattended […]
General
Driver of Hyundai Truck involved in DMU train clash jailed 6 months
By: Franklin ASARE-DONKOH The driver of a Hyundai truck with registration number GS 9018 – 20 One Abel Dzidotor, whose negligence led to the collision between the new DMU train and his truck has been sentenced to six months imprisonment. The truck driver admitted guilt to three out of the four charges levelled against him. […]
Headlines
Prosper Ogum gets green light from Otumfuo to continue after crisis meeting at Manhyia
Coach Prosper Nartey Ogum has been given the green light to continue his job as the coach of Asante Kotoko after a meeting with the Otumfuo Osei Tutu II at Manhyia this afternoon. The crisis meeting gathering which took place at the Manhyia palace on Tuesday, April 18, had the players, the technical team, and […]
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Business
Stanbic holds talks with Chinese ambassador over enhanced Ghana – China Trade Ties
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […]
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Economy
Finance Ministry affirms progress in debt restructuring talks with creditors
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […]
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Headlines
Stanbic Bank offers financial solutions to members of Ghana Medical Association
Stanbic Bank Ghana, a subsidiary of the Standard Bank Group, has signed a Memorandum of Understanding (MOU) with the Ghana Medical Association (GMA) aimed at offering tailor-made financial solutions to members of the GMA. Speaking at the MOU signing ceremony at Stanbic Heights in Accra, Kwamina Asomaning, Chief Executive of Stanbic Bank said health is […]
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Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
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