Ghana Home Loans, the nation’s leading mortgage provider has signed an MOU with A-Star Building Solutions, an estate developer, to deliver affordable homes across the country. Under the terms of the MOU, Ghana Home Loans shall provide construction mortgage financing to eligible applicants who wish to build or complete residential structures on their own parcel ...

Internet giant Google has reported a 22% jump in revenue during the second quarter period from March through June compared to a year earlier. Revenue rose to $16bn (£9.4bn) and profits were up 6% to $3.4bn, said the firm in its earnings report. Strong demand for Google’s advertising helped boost revenues above expectations. Google also announced ...

The Trade Union Congress, TUC has asked the country’s legislature not to sanction the Economic Partnership Agreement reached between ECOWAS and the European Union. The Trades Union Congress in a press statement condemned the agreements saying it is ‘’inimical’’ to economic growth and development of the country. The Economic Community Of West African States (ECOWAS) on ...

Bayern Munich star Philipp Lahm has decided to retire from international football in the wake of Germany’s successful World Cup campaign. The 30-year-old played a key role in Germany’s world title this summer, making seven appearances to help his side to their first major trophy since Euro 1996 at the expense of Argentina. Lahm will ...

East African oil and gas discoveries are poised to fundamentally transform the economies of the region as the fuel resources usher in new investment in road, rail, power and industrial infrastructure, according to Standard Bank. Uganda, Kenya, South Sudan, Ethiopia, Tanzania and Mozambique have emerged as one of the most prolific oil and gas exploration ...

Arsenal have completed the signing of right-back Mathieu Debuchy from Newcastle for an undisclosed fee. The 28-year-old has agreed a long-term contract with the Gunners after ending an 18-month spell at St James’ Park. Debuchy has 25 international caps for France and represented his country at this summer’s World Cup in Brazil. “He is a ...

Former England defender Rio Ferdinand has signed for Queens Park Rangers on a Bosman free transfer, the club have confirmed. The 35-year-old centre-half, released by Manchester United at the end of last season, has signed on a one-year deal following a series of talks with the west London club. Ferdinand spoke with Rangers boss Harry ...

Manchester United’s Michael Carrick will miss at least the first month of the season after suffering an ankle injury in training. The midfielder, 32, will be out for up to 12 weeks after undergoing surgery. The club tweeted:  “Michael Carrick has had surgery this morning on his left ankle ligaments and will be out for ...

“Hey, what’s going on?” Marc asked. “Not much,” I said.  “And how was your day?” “It was OK,” Marc said… And just like that our conversation would be over.  For the longest time, this is exactly how Marc and I initiated conversations with each other at the end of long workdays. Sure, we greeted each ...

If one is asked to describe one unique thing about radio and TV presenter Afia Schwarzenegger, one is likely to say that she is one kind of a crazy woman. And she knows it! “Many Ghanaians who listen to me on radio and watch me on television and in movies see me as crazy and ...

The Conference of Heads of Basic Schools (COHBS) has expressed concern about the delay in the release of capitation grant to the schools for the 2013/ 2014 academic year. Head teachers of basic schools depend on the capitation grant to undertake educational activities and to buy teaching and learning materials. According to the COHBS, the ...

The Driver and Vehicle Licensing Authority (DVLA) will no longer register new vehicles with no seatbelts for passengers. This takes effect from September 2014. According to Rudolph Beckley, Acting Chief Executive of the DVLA, the decision not to register commercial vehicles without seatbelts was in conformity with Section 119 of the Road Traffic Regulation Legislative ...

Until the arrest of 34-year-old Edward Kwabena Botri, residents of Mataheko in Accra had for the past three years mistaken him for a military officer. Not only did he parade as a military officer in the area, but he also threatened and harassed the residents and on a number of occasions assaulted some of them. ...

Four persons, including a two-year-old baby girl and her mother, died on the spot yesterday when a Mercedes Benz tipper truck, with registration number ER 2752 X, collided head-on with a KIA Pride taxi in which they were travelling.  The deceased, who were yet to be identified as of the time of going to press, ...

On Thursday, a Malaysia Airlines flight crashed in Ukraine and Israel began a ground invasion into the Gaza strip. The Dow Jones index fell 161.39 points, or 0.94%, to 16,976.81, closing back below the symbolic threshold of 17,000. The S&P 500 plunged 23.45 points or 1.18%, to 1,958.12, and the Nasdaq index dropped 62.52 points or 1.41% to 4,363.45. ‘Eggshells’ Malaysia ...

Microsoft is to stop developing Android-powered smartphones beyond those already available, the BBC understands. Nokia X models will now become part of the Lumia range and run the Windows Phone operating system, although existing Android handsets will continue to be supported. The move comes as Microsoft announced 18,000 job cuts across its workforce. The tech ...

A collection of unusual items signed by South Africa’s anti-apartheid icon Nelson Mandela is to be auctioned later in Johannesburg. The lots include a chess set, of figures from either side of the apartheid battle, and salt and pepper shakers of Mr Mandela and FW de Klerk. The sale items is expected to raise around ...

Graphic Online of 29 June 2014 carried a news story about “Ghana still reeling from corruption-“ attributed to Hon. Mr. Alban Sumana Kingsford Bagbin, the Chairman of the Parliamentary Committee on Constitutional, Legal and Parliamentary Affairs at the tabling of a motion for the adoption of the report of his Committee on the National Anti-Corruption ...

A sizable part of the Kumasi Central Market has been razed down by fire. Citi News sources indicate that the inferno which  started around 9pm Thursday has destroyed many shops in the fire-prone market. The 18-yard area of the  market through to the second-hand clothing section are the worst hit areas. Eyewitnesses who have confirmed ...

Portions of the Kumasi Central Market have been destroyed in a fire suspected to have started  around 8:30pm on  Thursday evening. The blaze has destroyed shops and property worth thousands of Cedis. Eyewitnesses say the part of the market known as the 18-yard area  through to the second-hand clothes section were the worst hit  Reports indicate that ...