Managing Director of GCB Bank PLC, John Kofi Adomakoh, has expressed concern over the rising culture of loan defaults among Ghanaians, which he says is significantly contributing to the surge in non-performing loans (NPLs) within the banking sector. At its 119th Monetary Policy Committee press briefing, the Bank of Ghana disclosed that the industry’s NPL ratio had surged to 24.1 percent in June 2024, up from 18.7 percent in the same period of 2023, underscoring the heightened credit risk in the system. Speaking at the “Facts Behind the Figures” programme organised by the Ghana Stock Exchange, GCB Bank MD John...
Peasant Farmers Reject Grain Export Ban
Peasant Farmers Association is not pleased with the ban on the export of key grains, including maize, rice, and soybean. The association says the government took the decision without the input of farmers. The concern comes after the Minister for Food and Agriculture, Bryan Acheampong, announced a ban on these grains. According to him, this measure will ensure food security within the country. Mr Acheampong’s directive comes in response to the ongoing dry spell that has devastated agricultural production in eight regions. But speaking to the media in Accra on August 26, the President of the Peasant Farmers, Bismark Owusu...
Osimhen’s Future Remains Up in the Air Amid Transfer Speculation
Nigerian-born Napoli striker, Victor Osimhen’s future is still uncertain as rumours swirl about where he will move to next.After four seasons at Naples. It appears that top clubs are not rushing to sign him up – despite expectations that they would queue up to nab him. With the transfer deadline day in sight … there is still talk about the possibility of a move to Chelsea. The British club had baulked at the idea of paying the about 130 million dollars demanded by Napoli’s owner. But at least one English newspaper is reporting that talks appear to be ongoing still...
NIGER: TORRENTIAL RAINS CUT OFF NIAMEY FROM THE REST OF THE COUNTRY
In the village of N’Dounga Tarey, about fifteen kilometers from Niamey, the aftermath of heavy rains recorded a week ago is still visible.Houses have turned into ruins of collapsed buildings. The main road to the capital has been split in two, while two other roads are submerged. As a result, Niamey is cut off, not only from the interior but also from essential goods like fuel. According to the Commercial Director of SONIDEP, Maazou Aboubacar Oumani since Sunday, all routes have been cut off, including all supply routes due to the location of the Niamey depot on the Sorey plateau....
NHIA Releases GH₵1 Million for Free Dialysis Program
The National Health Insurance Authority (NHIA) has disbursed GH₵1 million to six hospitals under the free dialysis intervention program. The payment covers advance funding for September and arrears for July and August 2024. Key Beneficiaries: – Komfo Anokye Teaching Hospital (KATH): GH₵186,670.00 – Cape Coast Teaching Hospital (CCTH) – Efia Nkwanta Regional Hospital (ENRH) – Ho Teaching Hospital (HTH) – Tamale Teaching Hospital (TTH) – Korle Bu Teaching Hospital (KBTH) Program Impact: – Increased accessibility of dialysis services across regions since June – Full reimbursement expected for patients who paid out-of-pocket in July and August – Free dialysis sessions for:...
Akufo-Addo Sounds Alarm: Mahama’s Return Spells Doom for Ghana’s Development
President Nana Addo Dankwa Akufo-Addo has issued a stark warning to Ghanaians, urging them to reject John Dramani Mahama and the National Democratic Congress (NDC) at the polls on December 7. Speaking at the sod-cutting ceremony for the expansion of the Tema Motorway, President Akufo-Addo urged Ghanaians to reject Mahama and the NDC at the polls, emphasizing that the country cannot afford to go back to the era of underdevelopment and hardship. He argued that Dr. Bawumia’s leadership is crucial for Ghana’s continued progress and development. “We are going forward. We are not going back to the era of stagnation...
NEDCo warns public against fake meters after major seizure in Sunyani
The Northern Electricity Distribution Company (NEDCo) has issued a public alert concerning the circulation and sale of counterfeit energy meters within its operational areas. This warning follows the confiscation of over 200 sub-standard meters by the Ghana Police Service during a routine inspection on the Kenyase-Atronie road in the Sunyani Metropolis. The meters, believed to have been smuggled from neighbouring countries, including Togo and Côte d’Ivoire, were seized at a checkpoint. NEDCo has cautioned the public against purchasing these unverified meters, which pose significant safety risks such as potential fire outbreaks and damage to transformers, leading to prolonged power outages....
Resetting Ghana: It’s Not Just the Economy – Mahama
Former President John Dramani Mahama, the NDC flagbearer, has clarified that his call for a “reset” goes beyond economic reforms, encompassing a transformation of societal attitudes and a overhaul of Ghana’s governance structure. This response comes after Dr. Mahamudu Bawumia, the NPP flagbearer, criticized Mahama’s “reset” agenda, prompting the former President to elaborate on his vision for a comprehensive national revitalization. During the NDC’s Manifesto unveiling, Mahama issued a rallying cry to the electorate, imploring them to give him a resounding mandate, stressing that the country is “bleeding” and its “soul is crying for change.” However, during his media engagement...
NDC Seeks Urgent Talks with Electoral Commission Over Voter Exhibition Discrepancies
The National Democratic Congress (NDC) has sounded the alarm over irregularities in the voter exhibition exercise, seeking an immediate meeting with the Electoral Commission (EC) to resolve the issues and ensure the integrity of the electoral process. The main opposition party has called a meeting to address grave concerns over significant discrepancies uncovered during the 2024 voter exhibition exercise. According to a statement issued by General Secretary Fifi Kwetey, the anomalies were identified through a thorough analysis of the Provisional Voter Register (PVR) provided by the Commission and the registers displayed at the exhibition centers. “We bring you greetings from...
Join the NDC as we work together to build the Ghana we want – Mogtari
Joyce Bawah Mogtari, spokesperson of the flagbearer of the National Democratic Congress (NDC) John Dramani Mahama has said the manifesto that was launched on Saturday, August 24 was just the beginning of the process of securing a change to reset Ghana. She invited all Ghanaians to join the NDC to work together to “build the Ghana we want together.” In a post on her X platform on the manifesto launch, she said “the Mahama 2024 Campaign Team is grateful to the Almighty God for the lives of each and everyone who joined the NDC in Winneba for the successful Launch...