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Rainbow Radio - Items filtered by date: Saturday, 03 November 2018
Ghana’s immediate past Minister of Foreign Affairs under the John Mahama administration, Hanna Tetteh, has been sworn into office as the Director-General of the United Nations Office in Nairobi, Kenya. She was sworn in by United Nations Secretary-General, António Guterres, on Friday November 2, 2018. She succeeds Ms. Sahle-Work Zewde from Ethiopia, who has been appointed as Special Representative to the African Union and Head of the United Nations Office to the African Union (UNOAU). Ms. Tetteh is a practising Lawyer and holds a Bachelor of Laws (LLB) degree from the University of Ghana, Legon. She also completed her professional law course at the Ghana School of Law and was called to the Ghana Bar in October 1992.
Published in General News
Deputy Communications Minister, George Andah is reported to have been involved in car crash Saturday. According to details available, Mr. Andah’s vehicle collided head-on with another vehicle in the Awutu Senya West Constituency where he represents in Parliament. The deputy Minister Mr. Andah, sustained serious injury, and airlifted to the 37 Military Hospital in Accra for emergency care. The deputy minister was in the constituency to attend a number of social functions most of which were funerals. On his way from Awutu-Budumburam to one of the communities, his vehicle collided with tipper truck fully loaded with sand in a curve at Awutu-Loye. The minister, his driver, police guard and two New Patriotic Party (NPP) officials as well as the driver of the tipper truck, are in critical condition. They were transported to the St. Gregory Hospital at Kasoa where a helicopter was called in to airlift the injured to Accra for attention.
Published in General News
A Deputy Governor of the Bank of Ghana Madam Elsie Awadzi, has disclosed that twenty out of the 30 existing universal banks in Ghana have met the GHC400 million Minimum Capital Requirement of the Bank of Ghana as the 31 December 2018 deadline approaches. She made the disclosure at Second Deputy a Finance forum in Accra. “Over 20 banks have met [the minimum capital requirement] or are already there and we have 30 banks, so, the rest, we are meeting them on a daily basis to say: ‘Tell [us] where you are on your capital raising plans’. “We are confident that they are going to meet [it] but if for some reason they cannot meet and will not merge, well, then that is another matter altogether, but we cannot allow banks that are not well-capitalised to remain in the system after 1 January”. According to her, Banks who fail to meet the new capital requirement will be downgraded to Savings & Loans or Microfinance institutions.
Published in Business
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