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General News

The world needs Rotary – Geeta Manek

Madam Geeta Manek, Rotary District 9200 Governor has called on Rotarians to roll-up their sleeves to work harder to change their communities. “People have benefitted through your various interventions but work is not yet done and lots of work need to be done”. Madam Manek, was speaking to participants of …

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Broaden tax net – Dr Manteaw

Dr Steve Manteaw, the Chairperson of Public Interest and Accountability Committee has called on the government to stop deepening the tax woes of few Ghanaians. Instead, they should broaden the tax net to incorporate more individuals, businesses and especially the informal sector in reaping more for development. Dr Manteaw, a …

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Ashanti police rescues kidnapped victim

The Ashanti Regional Police Command on Friday dawn rescued an Indian businessman from suspected kidnappers at Akokoamon, a community near Parkoso in Kumasi. Prakash Chudry, 31, is said to have been forcibly seized by three unknown persons on Thursday evening at the Ahodwo-Roundabout. The suspected kidnappers later called some friends …

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Copenhagen consensus centre to help government to avoid extra spending

Mr Bjorn Lomborg the President of Copenhagen consensus centre on Thursday said the centre is working with the Government of Ghana to avoid the extra spending in order to make policies for the future. The centre is a US non-profit think tank that organises the Copenhagen consensus a conference of …

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Occupational Safety and Health Bill to be passed this year

Parliament will pass the Occupational Safety and Health (OHS) Bill into law by the end of the year as part of efforts to promote workplace health and safety. “It is vital we acknowledge that the future of work is now with us and it behoves on us to adopt, adapt …

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Financial Year 2018 was rewarding, despite turbulence – Fidelity Bank

Mr Edward Effah, the Board Chairman of the Fidelity Bank, said despite the financial turbulence that hit the banking sector in 2018, the year was rewarding for the Bank. It recorded an end-of-year profit before tax of GH¢242 million, a rise of 79 per cent, representing a significant growth from …

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Ghana and Rwanda urged to collaborate in production of tyres

Dr Frannie A. Léautier, Chief Operating Officer, Trade and Development Bank, on Friday urged Ghana and Rwanda to collaborate in the production of lorry tyres as part of efforts to accelerate Africa’s socioeconomic development. She said rubber produced in Ghana combined with cow fat produced in Rwanda could produce high …

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Draft framework for Independent Police Complaints Commission ready – Coalition

The Commonwealth Human Rights Initiative (CHRI) Africa Office and its partners in the Coalition advocating the establishment of an Independent Police Complaints Commission (IPCC) in Ghana have produced a draft legal framework for establishment of the IPCC. The coalition made this known on Friday in a press briefing in Accra …

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Average lending rate of Ghana banks declines to 27.8% – Bank of Ghana

The Ghanaian banking sector is known for its high lending rates, which itself has contributed to low lending and high non-performing loans within the sector. But the Bank of Ghana has said average lending rates have fallen. According to the Bank, the weighted average interbank lending rate, that is, the …

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