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The Bank of Ghana(BOG) has issued a statement to justify the revoking of the banking license issued to Dr. Papa kwesi Nduom’s GN Bank since 2019. The Central Bank alleged that GN Bank failed to comply with vital financial regulations and banking standards which was a threat to the bank’s...
The Ghana Grid organization (GRIDCo) and the Electricity organization of Ghana (ECG) have announced a three-week interruption in power supply due to a reduction in gas supply from Nigeria.A joint statement explained that: “The reduction in gas supply due to maintenance works undertaken by a gas supplier in Nigeria" will...
The G7 has agreed to use frozen Russian assets to raise $50bn (pound;39bn) for Ukraine to help it fight invading Russian forces.US President Joe Biden said it was another reminder to Russia "that we're not backing down", but Moscow has threatened "extremely painful" retaliatory measures.The money is not expected to...
South Africa's governing African National Congress (ANC) says it has made progress in efforts to establish a government of national unity after losing its outright majority in recent elections.But the party’s secretary general Fikile Mbalula said the party is not ready yet to announce the details of an agreement.The ANC...
As the sun sets behind the mountains in an exclusive neighbourhood 30 minutes from the Las Vegas strip, I can hear a recognisable voice singing behind a closed door."Is that Celine?" I ask.Her security man guarding the hotel suite nods.I am about to interview a musical megastar, and it sounds...
The U.S. Transportation Department said on Thursday it fined Emirates $1.5 million for operating flights carrying JetBlue Airways’ (JBLU.O) designator code in prohibited airspace.The department said that between December 2021 and August 2022, Emirates operated a significant number of flights carrying the JetBlue Airways code between the United Arab Emirates...
Two individuals, including the driver of a Kia Granbird VIP bus with registration number GE 5099-15, have been confirmed dead, and several others injured following a crash caused by wrongful overtaking.According to the Konongo Police, the VIP bus, originating from Yeji and heading towards Accra with passengers on board, was...
A group of former Metropolitan, Municipal, and District Chief Executives (MMDCEs) have issued an ultimatum to the government, demanding the payment of their end-of-service benefits, which have been pending for three years.The group, which consists of 134 MMDCEs who were relieved of their duties following President Akufo-Addo's 2021 reshuffle, insists...
A prominent female #MeToo activist in China has been handed a five-year jail sentence for "subversion against the state".Sophia Huang Xueqin was convicted and sentenced on Friday, nearly 10 months after she went on trial.Labour activist Wang Jianbing, who stood trial with Ms Huang, was sentenced to three years and...
Ukraine midfielder Mykhailo Mudryk says he will play at Euro 2024 knowing his family is facing Russian missiles "day and night" in his home city of Krasnograd.Russian President Vladimir Putin ordered a full-scale invasion of Ukraine in February 2022.Mudryk is one of 13 Ukraine players who have spoken about their...
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