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The Bank of Ghana has collapsed five banks into a Consolidated Bank of Ghana Limited to support government’s twin-objective of financial stability and strengthening indigenous banks. By this the BoG has revoked the licences of BEIGE, Sovereign, Construction Bank, UniBank and Royal Bank. Dr Ernest Addison, the Governor of BoG who announced this on Wednesday in Accra explained that the ...

The Western Regional Manager of the National Population Council (NPC) Frank Ofosu-Asante has expressed concern about the increasing rate of child marriage in the region.  Statistics indicate that 37 per cent of girls in the Western Region would be married before they turn 18. He bemoaned the fact that most teenage girls, particularly those in the remote areas in the ...

The Western Regional Directorate of the National Population Council says the alarming rate of children and youth under 24 in the western Region called for the cutting down of figures for development and growth purposes. Such a bracket of almost 60 percent of the Western Regions population being under 24 according to Francis Asante, the Regional Head has rippling effects ...

More than 49,000 of the estimated 100,000 children entrapped into modern slavery of child labour are operating on the Volta Lake in the country. Mr David Kofi Ewusi, the Country Director of Engage Now Africa, a Child protection and welfare Non-Governmental Organisation (NGO), has said out of the figure, 21,000 were engaged in hazardous labour that was dangerous to their ...

Many use Rwanda and Ethiopia as shining examples of nations experiencing planned, orderly and growth-oriented development. Why is Rwanda, which has come out of several years of political rancor, social anarchy and civil war arresting development and addressing inequality but Ghana with its abundant resources continue to babble in poverty and inequality? Why is it that Ghana gained independence almost ...

The Reverend Professor Aaron Michael Oqauye, Speaker of Parliament, has asked nations threatening to withhold development assistance to developing countries refusing to legalize homosexuality, to rethink their position. He said no nation should be pressurized by anybody into recognizing gay rights and that insisting on this as a pre-condition for providing development support was completely unacceptable. Those pushing the agenda ...

Residents of Awoshie- Anyaa market, a suburb of Accra, have expressed concerns over the recent development in the community regarding the youth’s brazen involvement in smoking of Indian hemp popularly known as ‘weed.’ According to the worried residents, the development is fast influencing other children to drop out of school in order to join this rather unfortunate lifestyle which has ...

The Ministry of Inner Cities and Zongo Development in collaboration with the Ministry of Sanitation and Water Resources, Zoomlion among others have kick-started a campaign to get  rid the  country’s Zongo Communities of filth. The move is in fulfilment of one of the four key mandates of the Ministry of Inner Cities and Zongo Development (MICZD) which seeks to prioritise ...

Parliament has been advised not to ratify the Development and Tax Concession Agreements between Government of Ghana and AngloGold Ashanti Ghana Limited as the deals violate the constitution and laws of the country. The two Agreements, currently before the joint Committee on Mines Energy and finance are undergoing scrutiny before a possible ratification or otherwise by the House. According to ...

The Institute for Democratic Governance (IDEG), a research and advocacy think tank is advocating the amendment of Article55 (3) of 1992 constitution to remove the prohibition against political parties in local governance. “IDEG supports the President’s decision to amend Article 55(3) because it is visionary and very good for the advancement of Ghana’s inclusive democratic governance and transformational development.” Article ...