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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 490

March 23, 2018 5:35 AM CAL Bank records GH¢145m profit in 2017

CAL bank has posted a profit after tax of 145.2 million cedis for 2017. This is a significant improvement over the previous year’s figure of 7.2 million cedis. Despite this, the bank still acknowledges the impact of the legacy debts in the energy sector on its loan books. In the first of Citi Business News’ series of report on the performances of the listed 107

March 2, 2018 10:48 AM Court dismisses injunction case against layoffs at Goldfields

An Accra High Court has dismissed an injunction application by some workers of Goldfields Company Limited over the dismissal of some 1,500 workers of the company. According to the court presided over by Justice Laurenda Owusu, the mining company risks losing more if the court halts the ongoing layoffs before a determination of the substantive matter 79

March 1, 2018 4:49 PM Soldiers to help fight ruthless armed robbers – Gov’t

Ghanaians can expect to see military personnel flooding major cities nationwide as part of efforts to halt the surge in robberies and violent crime in some parts of the country. This was announced by the Information Minister, Mustapha Hamid, after Vice President Mahamadu Bawumia called an emergency meeting with top security officials on Thursday following 88

February 20, 2018 11:50 AM Court to rule on fate of laid-off Goldfields staff March 2

An Accra High court has set March 2 as the date it will deliver its ruling on the fate of some 1,700 workers of Goldfields Ghana who have been laid off by the company. The judge, Laurenda Owusu, said she will rely on the relevant provisions in civil procedure rules, CI 47 and all the processes filed to deliver its ruling on the set date. In the writ, the workers 62

February 19, 2018 12:36 PM NPP postpones constituency primaries to February 24

The governing New Patriotic Party (NPP) has rescheduled its constituency primaries, originally set to take place on February 21, to February 24, 2018. According to the party, the primaries will now be held from Saturday, February 24 to Tuesday, February 27, 2018. The party, in a statement signed by its acting General Secretary, John Boadu, said the decision 69

February 15, 2018 4:25 PM Mental Health Authority begs striking Ankaful staff to resume work

The Mental Health Authority has asked striking nurses and physician assistants at the Ankaful Psychiatric Hospital to return to work. According to the Authority, the hospital’s Director, Dr. Eugene Dordoye, has been enrolled in some refresher courses to improve his interpersonal skills. Among other things, they accused him of putting them through emotional 65

January 29, 2018 6:00 AM Military personnel advised against engaging in unauthorised activities

A former Commandant of the Military Academy and Training School, Rear Admiral Emmanuel Akoto Bonsu has called on young military personnel to refrain from abusing innocent civilians in the course of their duties. He urged the personnel to be professional in the discharge of their duties and not to engage in unauthorised activities. “Although during your training 53

December 6, 2017 5:59 AM US to recognise Jerusalem as Israel’s capital in world first

US President Donald Trump will recognise Jerusalem as Israel’s capital, senior administration officials have said. But the officials said Mr Trump would not immediately move the US embassy from Tel Aviv to Jerusalem. Arab leaders earlier warned against moving the US embassy in Israel to Jerusalem, with one saying this would be “a flagrant provocation 110

November 2, 2017 12:15 PM Insincere Ayisi apology not enough- Ablakwa

The Minority Spokesperson on Foreign Affairs has described as insincere and half-hearted an apology rendered by the under-fire diplomat George Ayisi Boateng. Samuel Okudzeto Ablakwa insists the apology by the Ghanaian High Commissioner is not enough for him to keep his position, adding the Minority will meet to decide on the next line of action. Mr Boateng 88