Nigeria is leading Ghana in terms of the frequent use of digital channels, the 2023 KPMG West Africa Banking Industry Customer Survey. For instance, 70% of customers in Nigeria use their mobile banking app at least once a week compared to 53% in Ghana. Again, 43% of customers in Nigeria Read more…
Tyrone Iras Marhguy, a GSTEP Youth Ambassador and recent General Science graduate of Achimota School, has won the gold medal for the American Mathematics Olympiad and was the overall national top scorer for 2023 after competing with over 150,000 students across the globe. Tyrone also achieved victory in the Vanda Read more…
The Tarkwa circuit court has granted a 30-year-old banker, Edmond Nashiru, bail in the sum of GH￠50,000 with one surety for dishonestly appropriating cash belonging to a customer of the bank. He pleaded not guilty. Prosecuting, Police Chief Inspector Joseph Lartey, prayed the court presided over by Mrs Hathia Ama Read more…
The Member of Parliament for Effutu, Alexander Ato Kwamina Afenyo-Markin, has urged people in the area to put the interest of the state first. He made the call at the 2024 edition of Masquerading competition at Winneba, where he reminded Ghanaians that politics was a competition of ideas and not Read more…
An anti-corruption crusader, Vitus Azeem says the reason given by the Office of the Special Prosecutor (OSP) for discontinuing the investigation into the alleged bribery of some Majority MPs is unacceptable. In a report on December 28, 2023, the Special Prosecutor, Kissi Agyebeng, stated that his office cannot probe the Read more…
Police have arrested 21 persons in Nkwanta of the Oti Region for breaking curfew protocols. The Interior Minister, Ambrose Dery imposed a dawn-to-dusk curfew on Nkwanta and neighbouring communities on November 21, 2023, after clashes in the area that led to the killing of at least twelve persons. Just yesterday, Read more…
The Ghana Union of Traders Association (GUTA) has urged the government to ensure that the economic stability gained in 2023 is made stronger in 2024. That, Dr Joseph Obeng, President, GUTA, said would help make businesses buoyant and expand to employ more youth, which would ultimately bring relief to Ghanaians. Read more…
“I’m not trying to be pre-emptive but Afua Asantewaa should be made a tourism ambassador asap. Her background in tourism, culture and arts, and this heroic feat, make her a perfect fit for such a role.” When I wrote the above post on my Facebook timeline on December 29, 2023 Read more…
The flagbearer of the National Democratic Congress (NDC), John Mahama, has pledged to restore the trust of Ghanaians in the government if voted into office. According to him, people have lost trust in the current administration due to the massive scandals and corruption they have been involved in. To confirm Read more…
The reconstruction and expansion of the Accra-Tema Motorway commenced on Tuesday, January 2, 2024. The 19.5-kilometer project involves a 10-lane span from the Tetteh Quarshie roundabout to the Tema roundabout. Maripoma Enterprise Limited, a Ghanaian-owned construction company, is supervising the project. During a tour of road projects in Accra, the Read more…
The government should ‘urgently consider’ AI-specific legislation a think-tank says. Source: BBC
Online shopping offers the convenience of browsing and purchasing items from anywhere, at any time. Online shopping allows people to avoid the crowds and shop in a more relaxed environment. With significant increase in online activities, safe online shopping is crucial to protect your personal and financial information from cyber Read more…
Fitch Solutions is predicting further deterioration in loan quality in the coming months, although banks will try to improve their loan books. According to the UK-based firm, the banking sector’s non-performing loans (NPLs) ratio rose sharply from 14.0% in October 2022 to 18.3% in October 2023, as high-interest rates, inflation, Read more…
I sat across from my sister and occasionally glanced at her every time she would snuffle. She tried so hard to contain herself but as she scrolled through her gallery the tears just coursed down her cheeks. My mum walked around the house going about her business like nothing was Read more…
Ghana’s year-on-year inflation is firmly on course to outperform the International Monetary Fund (IMF) target for end-2023 inflation, IC Research has stated. It pointed out that the November 2023 inflation (26.4%) print pulls headline inflation symmetrically within the 27.4% inner band and the 25.4% outer band of the lower limit Read more…
Former Auditor-General Daniel Yao Domelevo has advised President Akufo-Addo to utilise existing state institutions to audit the contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML). He believes this will save the public purse rather than delegating the task to another institution to undertake such an important Read more…
Trading activity slowed on the secondary bond market for Government of Ghana papers, partly reflecting a shorter trading week due to the recent festive season. Investors exchanged ¢1.21 billion worth of bonds, translating to a 43.6% decline in trading volumes. Though the total volume traded was spread almost across all Read more…
At least 50 people have been killed by two bombings near the tomb of Iranian Revolutionary Guards general Qasem Soleimani on the fourth anniversary of his assassination, state media say. State broadcaster Irib said another 60 people were wounded when the blasts hit a procession near the Saheb al-Zaman mosque Read more…
The government borrowed ¢16.34 billion via Treasury bills in December 2023, about 6.62% more than in November 2023. This was to refinance matured bills worth ¢12.83 billion. The excess uptake was also used to cover other budgetary needs. Investor demand for T-bills remained robust in December 2023, as the treasury Read more…
The Electoral Commission (EC) has been urged to remain fair and firm in order not to compromise its integrity to affect the credibility of the Election 2024 and disturb the prevailing peace of the nation. According to some Reverend Ministers in the Sunyani Municipality, the position of the nation’s electoral Read more…