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April 5, 2018 5:35 AM Deposits still major source of funds for banks – BoG report

Customer deposits still remain a major source of revenue for commercial banks. As a result, commercial banks also bear greater responsibility to their customers in earning interests on such deposits. The latest banking sector report by the Bank of Ghana shows that deposits accounted for 62.5 percent of the banking industry’s assets as at December 2017. According 616

March 23, 2018 10:49 AM GJA presents citation to NIB boss

The Ghana Journalists Association has presented a citation to the Managing Director of the National Investment Bank (NIB), Dr. John Asamoah for supporting the 2018 Ghana Journalists (GJA) Awards and the journalism profession. Presenting the citation to him, the president of the GJA, Mr. Affail Monney praised the MD for showing keen interest in the development 41

March 14, 2018 11:32 AM Supreme Court throws out $60m judgment debt case against NIB

The Supreme has dismissed a review application seeking to overturn its own decision that quashed a $60 million judgment debt that the National Investment Bank (NIB), was to pay to Dominion Corporate Trustees Limited on the orders of an Accra High Court in 2013. According to the panel of seven justices of the Supreme Court, the the review suit filed by Dominion 28

March 8, 2018 11:45 AM KATH CEO calls for review of maternal health strategies

Dr. Oheneba Owusu-Danso, Chief Executive Officer (CEO) of the Komfo Anokye Teaching Hospital (KATH), has called for an urgent review of the country’s maternal health strategies to bring down the increasing deaths. He said the growing maternal and neonatal deaths seen at health facilities should be a major wake-up call to everybody, adding that, all key stakeholders 32

March 5, 2018 3:08 PM PURC reduces electricity tariffs; 17.5% for homes, 30% for businesses

The Public Utilities Regulatory Commission (PURC), has announced a general reduction in electricity tariffs effective March 15, 2018. Residential customers per the new tariff cuts are to enjoy a 17.5% reduction, and 30% for non-residential customers. Those in the mining sector have also been given a 10% tariff cut, and 25% cut for Special Load Tariff 24

February 25, 2018 9:36 AM 6 Gmail tips to transform you into an email genius

Have you ever accidentally sent a damning email to someone that you intended to save for the rest of time as a draft? Or made a friend audibly gasp at the sight of thousands of unread email notifications on your phone? Perhaps you’ve run out of storage space on your drive entirely and are paying actual money for more. If so, you’re not alone, but you do need some major 148

February 22, 2018 4:01 PM Gov’t fails to yield to pressure over tax stamp

Businesses who fail to comply with the implementation of the Excise Tax Stamp by 1st March, 2017, will have their goods seized and subsequently dealt with by the law. This is the indication from a Deputy Finance Minister, Kweku Kwarteng. He argues that government can no longer hold back the implementation of the Excise Tax Stamp Policy due to setbacks 21

February 21, 2018 1:18 PM C/R: No cholera cases recorded in 2017 – Regional Health Director

The Central Region in 2017, did not record any cholera case according to the Regional Director of the Ghana Health Services, Dr. Alexis Nang-Beifubah. In the Regional Director’s words, “The Region never recorded any epidemic-prone disease; the Region did not record meningitis, cholera, yellow fever”. The Regional Director made this known in his address 33

February 21, 2018 12:05 PM All adult Singaporeans will get one-off bonus of up to S$300

Every Singaporean aged 21 years and above this year will receive a one-off “hongbao” of between S$100 and S$300 from the Government, as the Republic expects a record surplus for the current financial year. Adult Singaporeans with an annual income of up to S$28,000 will receive S$300, those whose annual earnings are between S$28,001 and S$100,000 will get S$200, while 25

February 21, 2018 11:38 AM Man City’s Aguero avoids punishment for fan altercation

The clubs have until 18:00 GMT on Friday to respond to the charges, while Aguero has been “reminded of his responsibilities”. Manchester City striker Sergio Aguero will not be punished by the Football Association following a post-match confrontation with a fan after Monday’s FA Cup defeat by Wigan. Television footage appeared to show Aguero pushing a supporter 37