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May 4, 2018 1:07 PM ESLA pays GHc500m interest to investors

Managers of the ESLA bond, have paid an estimated 228 million cedis as first gross interest payments to investors who bought into the 7 year bond of the six billion cedis energy sector bond. The bond, which formed part of the first tranche of the issuance, attracted an interest rate of 19 percent. A statement from ESLA and copied to Citi Business News said, “Managers 518

April 2, 2018 2:31 PM NPP condemns attack on Eric Opoku

The New Patriotic Party (NPP) in the Asunafo South Constituency has condemned the attack on the Member of Parliament for the area, Eric Opoku. The Communications Director of the NPP in the constituency, Nana Adusei Opoku, urged the police to bring the perpetrators to book regardless of their party affiliation. “The NPP in Asunafo South does not support 563

March 31, 2018 3:51 PM FDA destroys unwholesome products in Cape Coast

The Food and Drugs Authority (FDA) in the Central Regional on Thursday safely disposed of about four metric tonnes of expired products worth more than GH¢ 32,697 in Cape Coast. They were made up of herbal medicines, alkaline water, and some expired drugs, which were voluntarily brought from pharmacies and hospitals to the FDA in accordance with the Public 330

March 31, 2018 9:18 AM Father crashes daughter’s proposal with “say no” sign

It was a moment Allison Barron and Levi Bliss would remember for the rest of their lives. No, we’re not talking about Levi’s proposal — although that was certainly memorable, too. We’re talking about the moment Allison’s dad, who was standing off in the distance, held a sign instructing his daughter to “Say no.” “This is really just my dad’s personality 309

March 30, 2018 5:15 PM Easter’s significance must unite nation – CPP

The Convention People’s Party (CPP) on Good Friday called on Ghanaians, especially Christians, to use the occasion of Easter as a period for meditation on their individual and collective contributions to the family and society while working towards uniting the country. In a commemorative message to the nation copied to the Ghana News Agency in Accra 293

March 30, 2018 9:26 AM Final year SHS students to pay half of third term fees – GES

The Ghana Education Service (GES), has directed that public Senior High Schools only charge final year students half of the third term fees for the 2017/2018 academic year. This is because the students, who will be sitting for the 2018 WASSCE examinations will spend only seven weeks in school instead of the full 14 weeks. A GES memo, sighted by Citi News, thus directed 281

March 29, 2018 2:02 PM Barclays Bank Ghana posts GH¢386m in profits in 2017

Barclays Bank Ghana is confident of sustaining its profits and contribution to the new ABSA brand from this year onwards. The Bank’s optimism is premised on its performance for last year (2017) where it recorded a profit after tax of 386.17 million cedis. The Finance Director at Barclays Bank Ghana, Antoinette Kwofie disclosed this plan when she engaged 295

March 29, 2018 12:53 PM Microsoft donates computers to ‘blackboard’ ICT Teacher’s school

Pupils of the Betenase M/A Junior High School (JHS) in the Ejura-Sekyedumase Municipality of the Ashanti Region will no longer have to learn Information Communication Technology (ICT) primarily from the chalkboard following an intervention by technology giant, Microsoft. The school gained the attention of a number of organizations after a picture of an ICT teacher 103

March 29, 2018 12:22 PM U/E to get database on vulnerable people

The Upper East Region will soon have a register of all vulnerable groups and households to guide the execution of government social intervention programmes. The ongoing household data collection under the Ministry of Gender, Children and Social Protection (MOGCSP) targets over two hundred thousand households in the region, with a population of over One Hundred 22

March 29, 2018 9:46 AM Ex Chinese vice mayor sentenced to death for corruption

Zhang Zhongsheng, the former vice mayor of Luliang City in north China’s Shanxi Province, was sentenced to death on Wednesday for taking bribes of more than 1 billion yuan (US$159 million), a court said today, according to Xinhua news agency. Zhang’s personal assets will be confiscated, according to the Intermediate People’s Court of Linfen City in Shanxi 19