BUSINESS

Do not take loans from these 19 institutions – BoG cautions

The Central Bank has cautioned Ghanaians against taking loans from some 19 unlicensed institutions. In a statement on August 22, 2022, it said, “Bank of Ghana has observed that a number of unlicensed entities are engaged in the provision of loans to the Ghanaian public, in contravention of the Banks and …

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Accra Zoo reopened to the public

After months of closure, the Minister for Lands and Natural Resources, Samuel A. Jinapor on Friday, 9th December, 2022 reopened the Accra Zoo to the general public and urged all Ghanaians and the diaspora to patronise the Zoo even as the festive season approaches. “As we approach the festive season, …

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Chicken to sell above 70 cedis – Poultry Farmers

Brace yourself to pay more for chicken this festive season because the Ghana Poultry Farmers Association is estimating an upward adjustment in the price of your favourite protein source. Poultry, initially selling at 55 Ghana cedis two weeks ago, now sells at 70 Ghana cedis on the market. However, this …

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44,000 teachers fail teacher licensure examinations

Over 36% of teachers who wrote the 2022 Ghana Teacher Licensure Examination have failed, according to the registrar for the National Teaching Council, Christian Addai-Poku. The percentage represents 44,000 out of the 120,000 teachers who sat for the examination. Speaking about the poor performance of the candidates, the registrar remarked …

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Two Food Items That ‘Destroy’ Immune System

  Although sugar and vegetable oils are two of the commonly used ingredients in the kitchen, their consumption can be detrimental to one’s health. In the caption of his Instagram post, he revealed that instead of these oils, which can severely weaken the immune system, people should switch to avocado, …

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Former Twitter boss rates Ghana Jollof as the greatest of all time

Jack Dorsey, the co-founder and former CEO of Twitter is a man of few words who can’t hide his love for everything Ghanaian. Earlier this week, the American Internet entrepreneur announced that he was revisiting Ghana after his last experience. “Finally back in Ghana,” he tweeted on December 5. Although …

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UBA GHANA OPENS BUSINESS OFFICE TO MEET BANKING NEEDS OF ASHAIMAN

Chris Ofikulu   United Bank for Africa (UBA) Ghana has officially opened its latest branch to serve customers and the banking public throughout Ashaiman and its environs. The opening ceremony was held on Wednesday, 30th November, 2022.   Speaking at the official opening, the Managing Director of UBA Ghana, Chris …

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HIV/AIDS Fund to be reactivated soon -President

President Nana Addo Dankwa Akufo Addo, has given the assurance that government willoperationalise the National HIV and AIDS Fund to increase domestic resource mobilisation to improve care. The President gave the assurance following calls to re-activate the Fund to increase domestic resource mobilisation due to the recent upsurge in new …

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We might have over-borrowed – Deputy finance minister

Deputy Finance Minister, Dr John Kumah, has said that the current hardship in the country might be because the government over-relied on borrowing to run the economy. According to him, the government could have considered other alternatives to financing its projects and programmes aside from borrowing. “Maybe the levels of …

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Mandatory debt exchange programme would be illegal – Attorney-General

The Attorney-General, Godfred Yeboah Dame has in a legal opinion indicated that a mandatory Debt Exchange programme would be illegal. Finance Minister Ken Ofori-Atta on Monday announced domestic bondholders with the exception of Treasury bill holders will be affected by the debt exchange program. Per the arrangement, bondholders will get 0% interest …

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Moody’s downgrades GCB Bank to Caa3 from Caa2

International ratings agency, Moody’s has downgraded GCB Bank PLC’s (GCB Bank) global long-term local currency deposit ratings to Caa3 from Caa2. Moody’s investors also downgraded the bank’s long-term foreign currency deposit ratings to Ca from Caa2, its long-term Counterparty Risk Ratings (CRRs) to Caa3 from Caa2, its long-term Counterparty Risk …

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Revealed: Nigerians transported armed robbery to Ghana

Even though there was violence everywhere in the 1980s and 1990s, armed robberies in Ghana were extremely rare. Although I drove a cab and a trotro in Accra and Cape Coast, I never encountered any armed robbers there. It was after traveling from Ghana to Nigeria in the early 1980s, …

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Reason why a woman may urinate during intercourse

“Urinating during intercourse” is a “very widespread health problem” that “affects many people (primarily women) during intercourse,” according to Healthline. Male bodies have a natural defence mechanism that makes it difficult to urinate during a hard-on, making this a more common issue among women. In this post, I want to …

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No need to rush for your monies – Ofori-Atta to Ghanaians

Several Ghanaians have thronged their various financial institutions to withdraw their savings and investments to avoid losing both their principal and interests. This panic withdrawal is based on reports that some customers of Databank and Ecobank have lost hundreds of cedis on their investments which has to an extreme affected …

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