Author: Krobea

Shareholders of GCB Bank Limited will receive a dividend of 20 pesewas per share in respect of the 2019 financial year. This was approved by the bank’s. Annual General Meeting held Thursday. The Bank of Ghana (BoG), as part of measures to address the potential negative impact of COVID-19 on the solvency and liquidity of banks, placed a temporary ban on the payment of dividends, with an option for banks wishing to pay dividends to apply to the Central Bank for prior approval. “I am happy to report that following our commendable financial performance and based on the measures put…

When you misinterpret the performance of the economy, it is just a matter of time before the tax efforts of the economy present counter-narratives. This will appear to be the case for the managers of the Ghanaian economy over the last decade, a situation which could further worsen by the time the fiscal outturn of 2020 is released in the first quarter of 2021. The tax effort of an economy – measured by relating the actual tax collections to some credible indicator of taxable capacity  usually gross national income at market prices, captures the ‘efforts of the economy to support…

The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has assured assembly members that the next NDC administration will work closely with them to deepen their role in governance. Mr Mahama says as the first point of contact for the resolution of many issues in electoral areas, assembly members require support from government to enable them effectively discharge their enormous responsibilities. Addressing a meeting with the Ghana Association of Assembly Members (GAAM) at his office in Accra, the former president observed that not only do assembly members attend to the day-to-day needs of the people, but they also…

The new voter registration is in its final phase, starting Saturday, August 1. The exercise began on Tuesday, June 30 and has so far registered 11,629,480. “The Commission notes with satisfaction the high patronage of the Exercise so far,” the Commission said in a statement on Saturday, August 1. “The Commission appeals to all prospective applicants to respond to the final call and register at registration centres near them.” It assures that all the safety protocols will continue to be observed at all registration centres across the country. “The Commission, however, cautions members of political parties to desist from bussing…

President Donald Trump has announced he is banning the Chinese-owned video-sharing app TikTok in the US. He told reporters he could sign an executive order as early as Saturday. US security officials have expressed concern that the app, owned by Chinese firm ByteDance, could be used to collect the personal data of Americans. TikTok has denied accusations that it is controlled by or shares data with the Chinese government. The fast-growing app has up to 80 million active monthly users in America and the ban would be a major blow for ByteDance. “As far as TikTok is concerned, we’re banning…

Low key political rallies and gatherings are expected to dominate due to the coronavirus pandemic. The political trend has slowed because the norm in Ghana has been large crowd for aspirants to address them on policies and achievements. But not much of this trend will be seen because currently there is a ban on public gathering involving huge numbers. Whether Covid-19 or not, voting will take place on December 7, 2020 and so political parties would embark on campaigns virtually or physically but observe the health safety protocols. Those who cannot join the campaign virtually and physically must also know…

Boxing world champions, football world champions, record African football title winners, Olympic medalists, Commonwealth Games medalists, you name it, at one point in time or the other, Ghanaians have held these accolades. In sixty-three years of nationhood, in spite of the political turbulence in a large part of its history, Ghana has quite a bit to be proud of in the sporting sphere. Among the older folk, very few could forget the joy David Kotei “Poison” brought to this country when he became our first boxing world champion. From him down to perhaps the greatest African boxer of all time…

One of the soothsayers who led the lynching of 90-year-old Akua Denteh, Latifa Bumaye, has said she was possessed by a spirit and did not know she was abusing the old woman.  This comes in the wake of her arrest on Thursday. According to her, she was at the river bank with her sibling washing when the spirit entered her. She confessed she assaulted the woman but said she did so unknowingly. She also explained the old woman is a family relative. Latifa Bumaye was among soothsayers invited to Kafaba to exorcise the community of witches, whom the youth claim…

Former President John Dramani Mahama has descended heavily on member of the New Patriotic Party (NPP), Gabby Otchere-Darko, for criticising his campaign poster. Mr Otchere-Darko had criticised the inscriptions on the poster, calling on “whoever is leading NDC campaign publicity” to do a better work. “Clearly, incompetetence can be both chronic & incurable, transcending electoral cycles,” Mr Otchere-Darko wrote. But Mr Mahama did not take kindly to this as he tweeted: “Clearly some psychosis can lead to unrestrained obsession.” He sarcastically referred to Gabby Otchere-Darko as “our PM”. https://twitter.com/JDMahama/status/1289092170956386304?s=20 Source: 3news.com|Ghana

Ghanaian singer and songwriter Noella Wiyaala says she loves how her body looks and she uses that to her advantage. Reacting to critics after her ‘Rock my body’ music video was released, she said she can’t be everybody’s favourite but she loves herself. In an interview on Sunrise on 3FM, she waived all negative feelings of people who criticized her and apologised to her fans for making that music video. “Even if people insult me, I forgive them from the bottom of my heart. “I want to apologise to my fans for that video because some of them were surprised.”…