The Receiver of defunct Unibank, Nii Amanor Dodoo, has observed that at the end of each month, when the bank could not meet its profit expectation, the management initiated steps to create fictitious loans. He said the purpose of this was to generate interest income among others. The Receiver was answering questions during a cross-examination […]
The Asantehene Otumfuo Osei Tutu II has indicated that the government alone cannot fight the issue of illegal small-scale mining (Galamsey). He said it requires a collective effort on the part of all stakeholders including chiefs to tackle the challenge. To that end, he said, he would be touring the galamsey areas in the Ashanti […]
Nigerian Afrobeats sensation, Davido, has disclosed the amount he currently charges for song features. In a recent interview on the “BOOTLEGKEV podcast,” the music star revealed that his fee varies depending on his personal relationship with the artist, but the standard charge is $100,000. Davido confidently stated, “I’m charging now, right now, timeless, I take […]
The Finance Ministry has said the $3 billion bailout approved by the International Monetary Fund (IMF) as well as other reforms taken by the government will position Ghana towards a resilient economic recovery. In a tweet, the Ministry said “The IMF Board has today approved Ghana’s request for a $3 billion ECF, backed by our […]
The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has congratulated the Government of Ghana for closing the deal with the Fund. She said the IMF is ready to support the government in implementing reforms to address the current challenges. “Congratulations to President Nana Addo Dankwa Akufo-Addo and his team on the $3
A Colorado driver allegedly sought to exchange seats with his dog in order to escape being arrested for DUI. A Colorado motorist allegedly tried to avoid being arrested for DUI after being stopped by switching seats with his dog, according to authorities. The report stated that as the SPD officer approached and observed the entire […]
Asante Kotoko’s winger, Nicholas Mensah, has been handed a one-year ban from all football activities by the Disciplinary Committee of the Ghana Football Association. The decision comes in response to a complaint filed by Aduana Stars, after Mensah featured against them in a Ghana Premier League clash earlier this season. Aduana Stars alleged that Mensah, […]
Ghana’s top goalkeeper, Lawrence Ati-Zigi, has been recognised as the Best Goalkeeper of the Season in the Swiss Super League for the 2022-23 campaign. The St Gallen shot-stopper received the prestigious award on Wednesday evening, adding another accolade to his already impressive career. Ati-Zigi’s exceptional performances earned him not only the Best Goalkeeper title but […]
The Kenyan government has suspended 27 officials from various institutions for their involvement in the release of 1,000 tonnes of expired sugar that was supposed to be destroyed in 2018. The officers, from ministries including the National Treasury and Investments and Trade, are being investigated for their roles in allowing the unsafe sugar to enter […]
The Executive Board of the International Monetary Fund (IMF) has approved Ghana’s $3 billion application for bailout, at a meeting in Washington DC on Wednesday, May 17. This was after Ghana secured the Paris Club financing assurance on Friday, May 12. The Fund is expected to hold a press conference on Thursday, May 18 to […]
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