The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector that is threatening the integrity of the financial system. Fraud remains a major operational risk that confronts the banking industry and the authorities are battling to contain the over 282 per cent surge of fraud in the banking sector….
Salted tilapia, aka ‘Koobi’, sellers have called on Ghanaians to disregard reports circulating in the media that ‘Koobi’ is poisonous. Reacting to a statement attributed to the Minister of Environment, Science, Technology and Innovation, Prof. Kwabena Frimpong-Boateng, that some traders had resorted to preserving the ‘Koobi’ with formalin, a cancer-causing agent, the traders dismissed the claim, saying that they…
Former President John Agyekum Kufuor has expressed shock and dismay at the recent interview granted by former President Jerry John Rawlings to the Daily Graphic for which Mr Kufuor accused his predecessor of making false allegations. Former President Kufuor emphatically denied that late former NPP Chairman and former Speaker of Parliament, Mr Peter Ala Adjetey, warned him to drop…
Hundreds of squatters whose structures were destroyed in a demolition exercise by the Accra Metropolitan Assembly (AMA) at Old Fadama, a slum community at Agbogbloshie in the Greater Accra Region, have staged a massive comeback. The squatters, who were initially putting up in make-shift structures, have started constructing permanent structures, giving a strong indication that the demolition by the…
The cedi lost grounds to the three major international currencies in the week ending February 24.Despite coming under pressure, the greenback appreciated by 2.88 per cent against the Ghana cedi. The local currency closed trading at GH¢4.44, representing a year-to-date depreciation of 5.71 per cent. The Euro, which stood on the defensive in the earlier trading sessions of the…
NAIROBI — Ask Mario Khumalo to explain South Africa’s crime rate or its economic troubles, and he has an answer that sounds like a Donald Trump talking point: There are too many foreigners. “We have allowed in criminals and former child soldiers. The government has failed to protect its own people,” the 37-year-old said in a phone interview. Khumalo…
A resurgence of anti-immigrant violence in South Africa has sparked outrage in other African countries and spurred calls for more to be done to stamp out xenophobia. Residents of the Pretoria suburbs of Mamelodi and Atteridgeville took to the streets of the capital last week to protest against the presence of undocumented Nigerians, Pakistanis and Zimbabweans, who they accuse…
The countries have a common interest in putting a lid firmly on xenophobia Sub-Saharan Africa’s voice on the global stage has been at its strongest over the past two decades when its two most powerful players have worked in concert. However, nearly ten years of deteriorating relations have seen the foundations for collective action — laid by Thabo Mbeki,…
“The bishops of Ghana wrote a letter calling the citizens to continue to make the nation truly the “Star of Africa,” a symbol of hope for Africa’s total liberation, on the occasion of the country’s 60th anniversary since its independence. The bishops urged all “to contribute to making Ghana what God is calling us to.” ACCRA, Ghana – In…
CHORKOR, Ghana — At B.A.S.I.C.S. International school here, students are gathering for afternoon “Harambee,” a self-affirming session of song and dance. “Jump in! Jump out! Introduce yourself!” the first song goes. “There’s Crystal! And she loves to read and write!” They clap in rhythm to a contagious melody, with the school’s founder, Brooklyn native Patricia Wilkins, swaying in their…
