Monday, 26 June 2017

Latest News

Effects of policy rate cut on banking industry

CENTRAL banks use monetary policy rates as the benchmark for charging interest on loans and advances to commercial banks. Whenever a commercial bank has a temporary shortage of funds itusually borrows funds from the central bank at the policy rate.

Five domestic airlines face prosecution

By Business Finder reporter
For breaching the Data Protection Act, some five domestic airlines have been cited for prosecution, a press statement from Ghana’s Data Protection Commission has revealed.

MoFA: fall armyworms under control

-But GAWU calls for state of emergency

By Elvis DARKO, Accra
THE Ministry of Food and Agriculture (MoFA) says the fall armyworms invasion has been contained throughout the country.

VRA’s debt to Ghana Gas jumps to $534.2m

THE indebtedness of Volta River Authority (VRA) to the Ghana National Gas Company (Ghana Gas) has jumped to $534.2 million as of May 31, 2017.

GRA declares Agambire wanted over GH¢14m unpaid taxes

By John Elliot HAGAN, Accra
MR Roland Agambire, the Group Chairman of Rlg Communications, has been declared wanted by the Ghana Revenue Authority (GRA), the national tax regulatory agency for defaulting tax obligations.

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NACOB warns students to stay away from drugs

By Ivy Esinam TUSAH, Accra
THE Deputy Executive Secretary of the Narcotic Control Board (NACOB), Mr Michael Addo, has advised students, especially those in second-cycle schools to stay away from drugs if they desire to be responsible in future.

Local seed dealers cannot meet demand - Minister

THE Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has expressed regret that local seed producers do not have the capacity to meet the demand by the Ministry for the ‘Planting for Food and Jobs Campaign’.

New banking software to drive positive growth - ADB

THE Agricultural Development Bank (ADB) is optimistic that the upgrade of its Core Banking Software, aimed at making banking easier for its customers and improving efficiency, will drive positive growth at all levels.

Mrs Georgina Theodora Wood joins Council of State

By Daniel NONOR, Accra
THE Council of State got a full complement of its membership after the President officially swore in the immediate past Chief Justice, Mrs Georgina Theodora Wood, as a member yesterday.

Council of State urged to open its doors to the public

By Daniel Nonor, Flagstaff House
THE President Nana Addo Dankwa Akufo-Addo has encouraged members of the Council of State to make it possible for the public to witness their proceedings where possible.