April 2018

The Bank of Ghana has pegged the Ghana Reference Rate for April 2018 at 16.82%. This means that all commercial banks will determine their interest rates on their loans with the figure as their reference. The new system also follows…
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A woman shot and wounded three people at YouTube’s headquarters in Northern California before killing herself, police say. Police have named the suspect as Nasim Aghdam, 39, and say they are still investigating a motive. They say there…
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An Accra Circuit Court has adjourned the sentencing of one of the suspects who raided the Kwabenya Police station 0n January 21, 2018. The court adjourned the case due to the overcrowding of the courtroom as a result of new cases that…
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Local private businesses were the worst culprits in repaying loans taken from commercial banks for 2017. According to the Bank of Ghana, the businesses constituted 80.6 percent of loan default attributable to the private sector for last…
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The National Association of Graduate Teachers (NAGRAT), has declared a strike over the non-payment of the over GHc50 million arrears owed its members. Speaking at a press conference today , President of the Association, Angel Carbonu,…
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Angry residents of Sabali in the Yendi Municipality of the Northern Region on Tuesday, April 3, 2018, torched several houses of nomadic herdsmen living there. Some of the displaced especially children and women have sought refuge at…
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An oil and gas policy think tank, Centre for Natural Resources and Environmental Management (CNREM), has alleged that Ghana lost about $902.45 million in the oil sector because some of the oil companies paid less taxes and royalties to the…
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It is emerging that the much anticipated reduction in electricity tariffs may take a bit longer than expected. This is because the Electricity Company of Ghana (ECG) has explained that the reduction will only reflect on the bills of…
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Two workers at the New Senchi Health Centre in the Asuogyaman District of the Eastern Region, who had been detained by police when four patients died after being administered injections, have been remanded into Police custody. The four…
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Ghana’s former President, John Dramani Mahama, has denied claims suggesting that he was part of a conspiracy to rig the Sierra Leone general election. In a statement on Facebook, Mr. Mahama said he had no interest in manipulating the…
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