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Non performing NBFIs to lose status –BoG

The Bank of Ghana (BOG) on Monday warned Non-Banking Financial Institutions (NBFIs) which remain under-capitalized to take urgent steps to get capitalized or risk losing their status in line with the provisions of the Banking Act. Mr.…

Police arrests 23 prostitutes at Vienna City

The Rapid Deployment Force of Ghana Police Service has arrested  23 alleged prostitutes  at Vienna city, a popular spot in the Sekondi-Takoradi-Metropolis. Assistant Superintendent of Police (ASP) Olivia Ewurabena Adiku,  Western Regional…

Ada East District restructures sub-committees

The Ada East District Assembly has restructured its various sub-committees due to the carving of Ada West District from the assembly. Addressing the 37-member assembly, at an extra ordinary meeting, Mr Jacob Ofori Caesar, Presiding Member…

Ada Rural Bank lauded for good performance

Mr David Narh Sabbah, Board Chairman of Ada Rural Bank, lauded the sterling performance of the financial entity at the 28th annual general meeting of the Board at Big Ada over the weekend. Among the 136 rural and community banks under ARB…

Akyempim Rural Bank boosts profit

The Akyempim Rural Bank made a net profit of GHc307, 564 in 2012 as against GHc138,179 in 2011. Col. Rtd Kinsley Kwame Nyame, Chairman of the Board of Directors of the bank, made this known at the 28th Annual General Meeting (AGM) of the…

Ghanaian scientists train in radio astronomy

A team of seven Ghanaian research scientists, electronic technologists and mechanical engineers, have began training in South Africa, on the independent operation and maintenance of radio telescopes on the continent. This represents the…

Mahama names new SADA CEO

President John Dramani Mahama has on the advice of the Board of Directors of the Savannah Accelerated Development Authority (SADA), appointed Dr Charles Jebuni, as acting Chief Executive (CEO) pending the selection of a substantive head.…