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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 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 25, 2018 7:07 PM Ghana’s debt hits GH¢142.5bn, reaches 69.8% of GDP

New figures released by the Bank of Ghana (BoG) after its Monetary Policy Committee (MPC) meeting show that Ghana’s public debt reached 142.5 billion cedis as at December 2017, representing 69.8 percent of GDP. This means that the debt stock has almost hit the dreaded 70 percent of GDP, a point the International Monetary Fund (IMF) has constantly cautioned 35

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 12, 2018 2:23 PM Jamie Carragher suspended by Sky Sports after spitting incident

Jamie Carragher has been suspended by Sky Sports after a video showed the former England and Liverpool defender spitting towards a girl in a car from his own vehicle. The television pundit had been covering Liverpool’s 2-1 loss to Manchester United for Sky on Saturday. “Sky takes this matter extremely seriously and strongly condemns Jamie’s actions 23

March 5, 2018 9:12 AM Dutch players attacked by rival fans after 4-0 win

Violence broke out in the second division of Dutch football when De Graafschap players were attacked by Go Ahead Eagles fans after their 4-0 win. Footage from Fox Sports Netherlands shows fans running on to the pitch at full-time, kicking and punching players before stewards intervened. Go Ahead said in a statement they were “deeply ashamed” by the actions 32

February 28, 2018 12:03 PM We’ll deal with Ebony’s ‘mortuary man’ after funeral – manager

The manager of deceased dance hall artiste, Ebony has expressed disgust over a video of the body of his artiste circulating on social media. The video shows the bodies of Ebony and her friend Franky Kuri at the mortuary. In the video, the mortuary attendant who seems to be working on the dead bodies is heard telling the one taking the video not to circulate 31

February 22, 2018 3:02 PM Corruption ranking covered corruption cases under Mahama – Gov’t

The government has explained that Ghana’s poor performance in the 2017 Global Corruption Perception Index took into account corruption cases recorded under the John Mahama administration, which left power in 2016. The government’s Spokesperson on Governance and Legal Affairs, Herbert Krapa, explained that the report was not an indication that the current 32

February 16, 2018 7:31 AM Shatta Wale, friends in prayer meeting on Val’s Day [Video]

For many people, 14th February is a day of love and they would rather spend time hanging out with their partners than doing anything else. There are usually programmes at hang-out joints for lovers and families during this period and entertainers are usually engaged on this occasion. However, Ghanaian dance hall artiste Shatta Wale, chose to spend the night 16

February 3, 2018 4:30 PM Syria war: Outcry over ‘mutilated’ female Kurdish fighter

Kurds in Syria have reacted furiously to videos showing Turkish-backed rebels abusing the body of a female Kurdish fighter killed in battle. Barin Kobani was part of all-female unit challenging a Turkish-led offensive in north-west Syria. Kurdish officials accused fighters allied with Turkey of “playing with her corpse” and mutilating it. Last month 16