BUSINESS

Banking sector crisis: Licenses were issued anyhow – Kofi Amoabeng

President of UT Holdings, Prince Kofi Amoabeng, has blamed the challenges in the banking sector on the regulator’s poor scrutiny of the sector. In an exclusive interview with JoyBusiness, Mr Amoabeng said, banking licenses were issued anyhow and to all sort of people without proper checks causing the current crisis …

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BECE: WAEC releases 2019 results, withholds 2,497 results

The West African Examination Council (WAEC) has announced that the results of 19 BECE candidates have been cancelled for using mobile phones in the examination hall. Also, the subject results of 173 candidates have been cancelled for sending foreign materials into the examination hall. “2,497 subject results have been withheld pending …

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We are not importing new uniforms for JHS – GES

The Management of the Ghana Education Service (GES) has debunked reports that it is importing new school uniforms for students in the Junior High School (JHS). Casandra Twum Ampofo, PRO of the Service reacting to reports from the Textile Workers, said such claims are baseless and have no merit whatsoever. …

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WAEC yet to release 2019 BECE results

The West African Examinations Council (WAEC) says it is yet to release the results for this year’s Basic Education Certificate Examination (BECE) for School Candidates. A message from the council said it “would duly make an announcement when the results are released”. It, therefore, asked the public to ignore messages …

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Nsawam GCB bank locked up over court order

Scores of customers of the Nsawam branch of the  GCB Bank Limited have been left stranded at the premises after a court order has caused the bank to be shut down Thursday morning. The shut down order comes after the bank failed to release the Ghc 3.7million  account of Global …

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It’s Madness To Import New GES Uniform – Textile Workers

The Textiles Workers Union has raised concerns over the alleged importation of the new uniforms introduced by the Ghana Education Service (GES). They say the move makes no sense at all. The new uniform, which was introduced in April this year, was met with criticism as some said it was …

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Government not responsible for GN Savings’ collapse – Gideon Boako

Gideon Boako, a spokesperson for the Vice President, has rejected claims that government’s indebtedness to GN Savings and Loans Company caused its collapse. The Chairman of Groupe Nduom, Dr. Paa Kwesi Nduom had alleged that government’s failure to pay contractors who owed him caused his company’s demise. Former President John …

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Internet bankers fall by 12% – BoG

The Bank of Ghana has revealed that the number of registered internet banking customers has reduced. According to the central bank, the number fell by 12.9 per cent from 936,965 in 2017 to 815,904 in 2018. The BoG made these observations in the Payment Systems Oversight Annual Report, 2018 “Number …

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20-year domestic bond, not under-subscribed – Finance Ministry

Ghana’s debut 20-year bond issued was not a failed or under-subscribed offering but a fairly priced offering that has established another data point along government’s yield curve, the Finance Ministry has said. In a press statement issued on Wednesday, the government said although the amount received in bids was less than the …

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GHS outlines immunisation schedule against polio

Children between zero and 59 months old living in six districts of the country will from September 4 to 7, this year, be vaccinated against polio. The areas to be covered are Chereponi, Bumkurugu, Gushegu, Saboba, Tamale and Sagnarigu. The exercise, Round Zero of Three Rounds of Polio Immunisation, is …

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Teachers ill-prepared for rushed new curriculum – Educationist

A quality education specialist with the SOS Villages Ghana has indicated that the new curriculum for basic and high schools is being rushed. Beginning the 2019 – 2020 academic years, Ghana will be moving towards a standardized practical based curriculum with national assessment examinations to be written in classes two, …

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There Is A Rule In The Game

I certainly can not be happy with comments from some of the aspirants who did not emerge victorious at yesterday’s primaries.  It can’t be justify in anyway, but I believe we must give them the second chance. We can not throw the baby away with the bath water. There are …

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LET ME GO

I was to drown in the sea, but you saved me only to be killed by you Oh! The sea tossed me from one wave of misery to the other But I liked that torture than being in your arms For the first time ever I felt something that was …

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UPSA introduces ‘dual qualification’ for students

The University of Professional Studies, Accra (UPSA), as part of its new academic policy has introduced what the University termed, as the “dual qualification scheme” for all its students. Under the dual qualification scheme which will begin this (2019/2020) academic year, students who enroll in a degree programme will compulsorily …

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GES releases GHC 7.6m for curriculum training participants

The Ghana Education Service (GES) has disbursed a further transportation allowance of GHC50 per person to participants of the just ended curriculum training programme. The money has been released to the districts through GES’ regional offices. A total of 152,000 KG to class 6 teachers across the country participated in …

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Pay your clients – SEC to Asset, Fund managers

The Securities and Exchange Commission (SEC) has assured the investing public that there is no need for “panic withdrawals” as it is committed to ensuring a sound, efficient and robust market where investors’ funds are protected.The SEC’s assurance follows the revocation of licences of 23 insolvent savings and loans companies …

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Investigate NLA Boss Over Unlawful Fees Collection- GLOA To Government

The Ghana lotto operators Association, GLOA has appealed to government to launch an investigation into the conduct of  Kofi Osei Ameyaw, Director- General of the National Lotteries Authority, NLA and some top management members for their alleged plans to collapse private lotto operation in the country. The Association in a …

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Journalist arrested over ‘fake news’

A journalist has been arrested in Tanzania accused of publishing fake news about alleged police abuse of suspects in custody. Joseph Gandye works for Watetezi TV, a station established last year by the Tanzania Human Rights Defenders Coalition (THRDC). THRDC issued a statement condemning Gandye’s arrest, saying he was being …

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We’re angry over Senyo Hosi’s attack – UTAG Legon

Members of the University of Ghana branch of the University Teachers Association of Ghana (UTAG) say they are angry over the comments of the  the Chief Executive Officer of the Chamber of Bulk Oil Distribution Senyo Hosi against the university and its management. The lecturers say they believe Mr. Hosi …

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unCredit sues BoG

The management of uniCredit has sued the Bank of Ghana (BoG) for revoking the licence of the company.uniCredit is praying the Human Rights Division of the High Court to dismiss the action of the central bank.In a writ filed on Monday, 19 August 2019, Hoda Holdings Limited, the mother company …

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$39m Dubai JD: Write for help – AG to NAM1

The Attorney-General’s Office has advised the Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah, to officially write to seek assistance to claim a $39 million judgment allegedly awarded his company in Dubai.Similarly, lawyer for some of the affected customers of Menzgold, Amanda Clinton, has also said the businessman would …

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