Author: TNRgh

The Ghana Stock Exchange has suspended the trading of Agricultural Development Bank (ADB) shares on the Ghana Stock Exchange effective March 7, 2017. A statement from the Ghana Stock  Exchange stated, “With reference to Section 7 of the GSE Automated Trading Rules (ATS), the Managing Director of the Ghana Stock Exchange (GSE), in consultation with the Chairman of the GSE Council has suspended trading in the shares of ADB effective March 7, 2018,” . The move according to the GSE is to allow for the clarification of purported takeover of ADB by UniBank, the statement said on Wednesday. “This is to…

Wilson Arthur[/caption] The District Chief Executive for Wassa East District, Wilson Arthur, claimed although he grew faint during the 61st independence parade, he didn’t collapse as was reported in the media. The DCE was rushed to Ahmadyyia Muslim Mission hospital on Tuesday in the middle of his six-page independence anniversary speech at Daboase. In a Facebook post on Wednesday, Mr. Arthur clarified: “The picture is grossly exaggerated. Yes I discontinued reading the six page address almost at the end of the 5th page because I felt very dizzy. “My aide helped me to my chair where I sat till the…

The Ghana Rugby ladies took advantage of Ghana’s Independence Day to celebrate International Women’s Day that is scheduled on the world calendar for 8th of March of every year. According to Rafatu Inusah, Ghana Rugby Board Women’s representative, it was a great day for ladies not only coming together to play and have fun but to discuss the way forward of Women’s Rugby in Ghana. “Clearly, the women are really ready to push themselves and committed to a call. Even though it was a holiday, the committed ladies and for love of Rugby, made their way to come and play…

 Executive Director of Unibank, Clifford Duke Mettle has allayed fears that there may be a possible layoff of workers as Unibank takes over Agricultural Development Bank (ADB). Unibank acquired a controlling power over ADB in about a GHS 600 million deal  after a consortium of financial institutions that control the majority shares in ADB pledged their proceeds, entitlement and voting rights to uniBank. Mr. Duke Mettle told Winston Amoah on 3FM’s Sunrise morning show Wednesday that it is not always the case that a takeover will result in a layoff. He explained that after acquiring over 51% shares in ADB, both companies…

Election observers expect the vote to be peaceful Photo: AFP[/caption] Voting is under way in Sierra Leone, where more than three million people are eligible to choose a new president, parliament and local councillors. In the capital, Freetown, long queues could be seen at polling stations even before dawn. President Ernest Bai Koroma is stepping down after serving two five-year terms. His chosen successor, Samura Kamara, is being challenged by 15 other candidates – many of them promising to tackle endemic corruption and poverty. Mr Kamara of the All Peoples Congress (APC) is one of three frontrunners – the others…

Gary Cohn was director of the National Economic Council under President Trump Photo: AFP[/caption] US President Donald Trump’s top economic adviser Gary Cohn is resigning, the White House has said. It is the latest in a series of high-profile departures from President Trump’s team. There has been speculation that Mr Cohn, a supporter of free trade, was angered by Mr Trump’s plans to impose tariffs on aluminium and steel imports. In a statement released by the White House, Mr Cohn said it had been “an honour to serve my country”. The 57-year-old former president of the Goldman Sachs bank had…

Wilson Arthur[/caption] The District Chief Executive for Wassa East District, Wilson Arthur, in the Western region collapsed on the grounds of the Independence Day celebration in the course of reading his speech.  The collapsed DCE, our source says, was immediately rushed to the Ahmadyyia Muslim Mission hospital at Daboase by his entourage. Following the collapse of Mr. Arthur, the District Coordinating Officer, Samuel Owusu Andoh  took  over and read DCE’s  Independence Day speech. The event which was held at Daboase, the district capital, had in attendance the district commander of police, officials from the Ghana Education Service among other distinguished…

The President, Nana Addo Dankwa Akufo-Addo has given the strongest assurance yet that his government will take the necessary steps that will lead to the passage of the Right to Information (RTI) bill. The president noted the passage of the bill will add to the fight against corruption in the country. Addressing the 61st Independence Day parade in Accra on Tuesday, the president hinted that in addition to the creation of the Special Prosecutor’s office, his government will champion the passage of the Right to Information bill. “There is, however, one piece of the anti-corruption framework that is yet to…

President Nana Addo Dankwa Akufo-Addo has charged Ghanaians to take the destiny of the country into their own hands by “defining and crafting our destiny”. He challenged Ghanaians not to allow someone else to define what Ghana should be. “The only nation we are destined to become is the one we choose and decide to be. We do not have to accept someone’s definition of Africa or of Ghana”. He was speaking at the 61st Independence Day parade in Accra Tuesday, M arch 6,  2018. The President said even though Ghana may have had some under achievements as part of…

Bernard Mornah[/caption] The National Chairman of the Peoples’ National Convention (PNC), Bernard Mornah has taken on President Akufo-Addo, accusing him of touting the Ghana beyond aid without putting in place any pragmatic steps to achieve that. In his view, as Ghana turns 61 on Tuesday, the theme for the independence anniversary “Ghana Beyond Aid” should have rather reflected the self-sufficiency of the country. “But 61 years down the line, it appears our nation has become a beggar nation, almost always calabashing, trotting the globe and seeking for favours,” Bernard Mornah told 3news.com’s Alfred Ocansey on Tuesday. Flanked by some political…