BUSINESS

Banks with less than 10% CAR asked to recapitalise

Banks with a capital adequacy ratio (CAR) of less than 10 percent of their assets have been asked to submit plans for recapitalisation, Bank of Ghana Governor Dr. Ernest Addison has disclosed. The ratio – a principal financial soundness indicator – demonstrates banks ‘ ability to finance their long-term capital expenditures and ventures, and …

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Common Reasons Why People Die While Sleeping

According to verywellhealth article, many people regularly die while sleeping, yet few understand why this occurs. Many people all around the world don’t know the real causes of sleep-related deaths. 1. A heart attack, which prevents the heart from pumping blood and oxygen to the rest of the body, is …

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Basic school heads lament 2years non-payment of capitation grant

Conference of Heads of Basic Schools is lamenting the non-payment of capitation grant meant for the operationalization of basic schools for the past two years. The association explains that the situation is crippling the progress of teaching and learning in schools. Speaking to Citi News, the General Secretary of the Conference …

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Types of Cancer That Can Cause Lower Abdominal Pain in Women

Ladies, did you know that persistent pain in your lower abdomen could be a sign of something much more serious? Cancer is a scary word, but it’s important to be aware of the types of cancer that can cause this discomfort. So, let’s dive into this CDC publication and uncover the types …

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What can Cause Damage To The Eyes

According to Healthline Bad behaviors can have a significant impact on a person’s health in a number of areas, including their eyesight. According to Webmd, there are a few routine activities that we all partake in that may be harming our vision even if we are not aware of it. Some …

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Banks cash reserve ratio back to 14%

The Bank of Ghana (BoG) Governor, Dr. Ernest Addsion, has announced a reversal of the cash reserve ratio on local currency deposits for banks, raising it from 12 percent to 14 percent effective April 13 as part of measures aimed at addressing the mopping-up of excess liquidity in the market, The banking …

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Why Cardiac Arrests Happen In The Bathroom Often

Cardiac arrest is a medical emergency that can be deadly if not treated in time. This life-threatening condition is caused when your heart suddenly stops beating. According to healthline, When cardiac arrest occurs in the bathroom, it can be especially dangerous due to the fact that the patient is often …

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20 Biggest money scams of all time

Scamming naive people who are hoping to make a quick profit is a practice that opportunists have been undertaking for thousands of years. As the times have changed, however, the scams and those perpetrating them, have evolved. From modern-day multi-layered marketing companies to multi-million dollar carpet cleaning companies that don’t …

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The Artificial Intelligence Paradox: Hindering or Accelerating Extraterrestrial Intervention for Technological Advancement in our life via The Impact of Artificial Intelligence on Foreign Intervention and Technological Advancement

  The author: Samuel Shay, is an international business expert and Chairman of leading Israeli tech firm, Gulf Technologies Systems The entry of Artificial Intelligence (AI) into our lives has brought about a seismic shift in how we approach technology, research, and collaboration. As AI continues to evolve and become …

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Hypertension, diabetes are leading causes of death in Accra

A review of causes of morbidities in the Greater Accra Region shows that hypertension and diabetes were the leading causes of death in the region in 2022. Data from the Non-Communicable Disease Control Programme of the Ghana Health Service (GHS) indicate that 138,425 persons, representing five percent of the population …

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Korle Bu records 15 tuberculosis cases every day

Tuberculosis (TB) is growing at an alarming rate in Ghana in spite of awareness and treatment options in health facilities. According to reports, Korle Bu Teaching Hospital alone records 15 TB cases a day and 30 people die of the disease every month. Principal Nursing Officer at the Chest Unit …

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FDA issues alert on two eyedrops

The Food and Drugs Authority (FDA) has warned the public against the use of two eyedrop products Ezricare Artificial Tears and Delsam Pharma’s Artificial Tears. The directive, according to the authority, is due to the deadly effect of the products in the United States. In a public notice, FDA said the US …

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‘Momoni’ has no nutritional value – Dietician

A dietician at the Meridian Medical Centre, Forzia Baidoo has cautioned Ghanaians against the consumption of putrefied fish, known in the Akan parlance as momoni, kako or koobi. Momoni, literary translated as “stinking fish” is any fish left to start fermenting in tropical heat for 6–10 hours, then salted for 1–2 …

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Wenchi: Headmistress closes down school over her missing GHC2k

The Headmistress for MalamKrom L/A Primary School in the Wenchi Municipality of the Bono Region, Madam Gifty Pomaa has allegedly suspended teaching and learning activities over her missing GHC 2,000 at her bungalow, reports reaching MyNewGH.com suggests. The Headmistress according to a report by Kumasi-based Angel FM, closed the school …

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Parliament, ECG hold crunch talks to avert ‘dumsor’ in the House

Ghana’s parliament is holding talks with officials from the Electricity Company of Ghana over a GH¢13 million debt owed to the power distribution company. The development comes after ECG on Monday, March 20, 2023, embarked on a nationwide revenue mobilisation exercise with a focus on all categories of customers including …

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Ghana’s cocoa pricing system has encouraged smuggling – COCOBOD

The Ghana Cocoa Board (COCOBOD) has acknowledged that Ghana’s relatively low cocoa pricing is one of the contributing factors to the increase in cocoa smuggling into neighbouring countries. This situation has led to significant financial losses to the country and the destitution of cocoa farmers. “It is serious. At the …

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Kejetia market reopens tomorrow for business after fire incident

The Kejetia market will be reopened for business tomorrow, Tuesday, 21 March 2023, after a fire explosion swept through some 33 shops of the 8,000-shop avenue last week. The reopening was disclosed by Vice President Mahamudu Bawumia when he visited the fire scene in the Ashanti Region. The announcement of …

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