Author: newsfilegh

Commercial banks in Ghana that are interested in rolling out Islamic products should be given the license by the Bank of Ghana  (BoG) to do so, Professor John Gatsi, Dean of the Business School at the University of Cape Coast (UCC), has said. Islamic banking is banking or financing activity that complies with sharia (Islamic law) and its practical application through the development of Islamic economics. They mostly provide interest free loans. As of 2010, Islamic financial institutions operate in 105 countries. According to the 2016 World Islamic Banking Competitiveness Report, Saudi Arabia, Malaysia, United Arab Emirates, Kuwait, Qatar, and…

A survey conducted by the Ghana Statistical service (GSS) has shown that domestic violence cases went up during the lockdown in the wake of the Coronavirus pandemic. The report said three out of every ten communities representing experienced rise in crimes such as theft and burglary whilst domestic violence also rose. “COVID-19 has undoubtedly had a devastating impact on households, businesses, and the local economy in Ghana ‘’ the GSS said “Detailing the various incident that occurred, it stated that three out ten communities representing (34.1%) experienced rise in crimes such as theft and burglary whilst domestic violence also by…

President of the Ghana Football Association (GFA), Kurt E.S Okraku is excited the sports department of leading television network TV3, will host all political parties in a debate to further explain their policies on sports. Kurt Okraku said it is the first of its kind that football has come into the discourse ahead of a major elections in Ghana and he expects more attention to be given to sports. Speaking to 3Sports ahead of the showdown on September 30, 2020, Mr Okraku said “for the first time, we have football coming into the front line of political discourse regarding this…

All is set for 3Sports debate involving all major political parties in Ghana on Wednesday, October 30, 2020 at the McDan La Town Park in La, Accra. The debate is aimed at giving all major political parties the opportunity to speak to their policy statement on sports and how they intend to implement the various promises as captured in their manifestos ahead of this year’s elections. The governing New Patriotic Party (NPP) will be represented by the Member of the Parliamentary Select Committee on Sports and the Spokesperson of the ruling NPP on Sports, Alex Agyekum, Whereas Deputy Director of…

Vice President Dr Mahamudu Bawumia has said government is considering providing financial support to private schools which have been affected during the Covid-19 outbreak. The support, according to Dr Bawumia, is to help save these institutions from collapse and laying off workers. Dr Bawumia said these during an encounter with teachers and artisans in the Ablekuma Central Constituency in the Greater Accra Region. He was sad about the pandemic which has affected most companies and schools, assuring the private schools of government support. He also encouraged the teachers and artisans to vote for President Nana Addo Dankwa Akufo-Addo to expand…

The Western Togolanders, who hijacked Juapong last Friday, are a group of criminals who are copying blindly from what happened in Cameroon where a group also wanted independence for portions of that country, Sam Okudzeto, a member of the Council of State, has said. He indicated these are individuals that must be treated as criminals and be made to face the law. The group, after blocking major entry points in the Volta Region, attacked two police stations at Aveyime and Mepe, and seized 10 AK47 assault rifles after breaking into the police armoury. They ransacked the police stations, released inmates…

The Ghana Police Service has revealed that flags of the Western Togoland were found at the Ho Lorry station after the attack at the STC bus terminal by the  alleged secessionist group. The police in a statement said: “Police is investigating the allegation that at about 02:00 am today, four armed men stormed Ho STC yard demanding the keys to all the vehicles parked and set two of the mini buses ablaze when the drivers did not produce the keys. “The arrival of Police and Fire Service personnel saved the situation. Preliminary investigation shows that there were 11 vehicles parked…

The implementation of the Free Senior High School (SHS) policy is one of the best decisions of the Akufo-Addo administration, a former New Patriotic Party (NPP) Member of Parliament (MP) for the Asikuma-Odoben-Brakwa Constituency, PC Appiah Ofori, has said. He said the programme is a ‘game changer’ in transforming the lives of the people. He described the performance of the president as “so far so good” while speaking in an interview with TV3’s Johnnie Hughes on Monday, September 28. The anti-corruption campaigner also noted that the establishment of the Office of the Special Prosecutor was a good move by Akufo-Addo.…

The Ghana Statistical Service (GSS) has stated that 78% of Ghanaians were unable to enjoy the electricity tariff cut announced by the government in the wake of the coronavirus pandemic. This is because they are not connected to the national grid, the GSS said. In a press release dated September 29, 2020, the Service said the findings were from the Local Economies Tracker it organized in collaboration with the United Nations Development Programme (UNDP). The research survey was conducted in 2,770 communities in all the 16 regions of Ghana, according to the GSS. It is recalled that President Nana Addo…