Ghana’s fastest-growing bank, OmniBSIC Bank Plc, has opened 2024 positively by delivering strong results in the first quarter which is a strong indication of superior returns to shareholders and higher value for businesses this year. The bank’s profit soared by more than 58 per cent to GH¢82.58 million in March while liquidity and the balance […] The post OmniBSIC
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […] The post World Bank predicts
Kenya is experiencing heavy rain that has disrupted normal business across the country, resulting in the destruction of property and the loss of 44 lives so far, according to Kenya Red Cross Society (KRCS). According to the KRCS, the downpours have affected the lives of about 60,000 people. In the Mathare slums of Nairobi, the […] The post Kenya: 44 people die due to flooding appeared
Ghana’s U17 national team, the Black Starlets, delivered a stunning 5-1 victory over Serbia in their second fixture at the UEFA U16 international tournament on Friday. After a disappointing loss to host nation Russia in their opening game, where they suffered a 3-1 defeat, the young Ghanaian squad came into the match against Serbia with […] The post Black Starlets dominate Serbia with
Professor Jane Naana Opoku Agyemang, running mate to National Democratic Congress (NDC) flag bearer John Mahama, announced plans to create women entrepreneurs and millionaires through the strategic establishment of a Women Development Bank. “We will actively pursue the establishment of a Women Development Bank to nurture and grow women-owned, women-led businesses,” Opoku Agyemang stated. “Women […] The post NDC
Leicester City tore through Southampton 5-0, propelled by a stunning hat-trick from Ghanaian loanee Fatawu Issahaku. The victory puts them within touching distance of a Premier League return. Fatawu, a 20-year-old winger on loan from Sporting Lisbon, took center stage with his clinical finishing. Kiernan Dewsbury-Hall initiated the rout with a pinpoint pass to Fatawu, […]
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
The Ghana Football Association (GFA) has appointed five coaches to lead the national teams in its efforts to enhance youth football’s developmental structures. They are Godwin Attram, Maxwell Konadu, Yaw Preko, Abdul Karim Zito, and Nurudeen Amadu. Four of these coaches have been assigned to the newly formed male national teams, U-15, U-18, U-19, and […] The post Godwin
SOURCE: Ahashie Judeliver Eli Former Ghanaian midfielder Agyemang Badu has thrown his weight behind Dreams FC, predicting a historic victory for the Ghanaian side over North African giants Zamalek this Sunday in the return leg of the CAF Confederations Cup semi-finals. Dreams FC held Zamalek to a goalless draw in the first leg played last […]
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
Mr Abebe Aemro Selassie, Director, African Department, International Monetary Fund (IMF), says Ghana will receive its next funding support from the IMF even if it is unable to sign a final debt pact with its official bilateral creditors. This means that the country would receive its third tranche of US$360 million when the IMF Board […]
Israeli troops and Palestinian militants have been exchanging fire for a second day of an Israeli raid in Nur Shams refugee camp in the West Bank. A number of people have been killed, including 10 militants, according to the Israeli army. Palestinian sources say that at least five people have been killed, including a child. […] The post Ten militants killed in West Bank raid
Under the beaming lights of New York’s iconic Times Square, Nigerian chess master Tunde Onakoya is attempting an ambitious challenge to break the record for the longest chess marathon. He aims to play for 58 consecutive hours and raise $1m (£805,000) for charity in the process. The money, he says, will support chess education for […] The post Tunde Onakoya:
Kenya’s government has sent a team to investigate the helicopter crash that killed military chief Gen Francis Ogolla and nine others. It was not immediately clear what caused the crash. Gen Ogolla was among 12 occupants of the military aircraft that went down on Thursday afternoon shortly after takeoff in the north-west of the country. […] The post Gen
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […] The post Ghana
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
Talented Ghanaian-American basketball player, Ashley Owusu has achieved a significant milestone by being drafted into the prestigious Women’s National Basketball Association (WNBA). Her journey to this point was marked by a stellar career in college basketball that caught the attention of WNBA scouts. Initially making her mark in women’s basketball through her time at the […]
Paris Saint-Germain secured a spot in the Champions League semifinals by defeating Barcelona 4-1 in a thrilling match. Despite initially trailing in the first leg, PSG’s resilience and a red card for Barcelona’s Ronald Araujo turned the tide in their favor. Kylian Mbappé’s brace, along with goals from Ousmane Dembélé and Vitinha, propelled PSG to […]
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
At least 39 people have been killed in Pakistan after days of unusually heavy rains battered the country’s southwest. Some of those killed were farmers struck by lightning while harvesting wheat, authorities said. Images online show swathes of farmland engulfed by rainwater. Flash floods have also disrupted power supplies and transportation networks. Pakistan has experienced […] The post Pakistan:
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