BUSINESS

Football Association chairman Greg Clarke has resigned over the “unacceptable” language he used when referring to black players. Clarke said he was “deeply saddened” for the offence he had caused by using the term “coloured footballers”. The comments came as he was talking about the racist abuse of players by …

The Majority in Parliament has justified the US$100 million traffic management contract awarded to Huawei by government. Last year, President Akufo-Addo cut sod for the US$100million contract awarded by the ministry of Roads and Highways to Beijing Everyday Traffic and Lighting Technology Company. The minority in Parliament has cautioned government against the award of …

Market Summary The benchmark index shed 23.48 points (-1.28%) to close the week at 1,813.79 with a -19.64% year-to-date return due to two banking stocks while the market capitalization decreased by 0.46% to settle at GH¢52.87 billion. Ecobank Ghana (-12.98%) and Societe Generale (-1.54%) dragged the GSE Financial Index down …

As Americans went to the polls last week to decide who will be their executive president for the next four years, lots of Ghanaians followed the voting as closely as if had been for the election of their own leaders. This was for good reason; not only is the United …

The Board of GCB Bank Limited has announced the appointment of John Kofi Adomakoh as the new Managing Director (MD) of the Bank effective November 9, 2020. Mr. Adomakoh, an astute banker, replaces Anselm Ray Sowah, who ended his tenure of office as the MD of GCB Bank in September …

Ghanaian actress and screen goddess, Nana Ama McBrown had a big win at the recently held 10th edition of the Radio and Television Personality (RTP) Award 2020. The RTP Award was held in Accra on Saturday, November 7, 2020, at the plush Kempinski hotel. McBrown won two awards: TV Entertainment Show Host …

The Former Chief Executive Officer (CEO) of defunct UT Bank, Mr Prince Kofi Amoabeng, says the high level of non-performing loans contributed significantly towards the bank’s collapse. He added that acts of thievery by some staff also played a role in the bank’s liquidation. Mr Amoabeng in a media interview …

Parliament has passed into law the Bui Power Authority (Amendment), Bill 2020 for the purpose of amending the Bui Power Auditory Act, 2007 (Act 740) and empower the Bui Power Authority to develop renewable energy and other clean energy alternatives in the country. The Bill was laid in the House …

Former Barcelona and Inter Milan striker Samuel Eto’o is in stable condition after he was involved in a road accident around Nkongsamba-Douala road in Cameroon. Eto’o was said to be returning from a wedding celebration when his car was hit by a public transport bus on Sunday morning. Although the car was badly damaged in …

The Inter-African Coffee Organization (IACO) is seeking the observance of stakeholders in the coffee industry to actively involve themselves in coffee production and to create sustainable strategies for a thriving sector. This was announced during the launch of 60th edition of the IAOC general meeting which will be hosted by …