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Clamp down on sim box fraud saves over $60m in 7 months.

Activities of the Anti-Telecom Fraud taskforce since the beginning of the year, has prevented a loss of more than 60 million dollars in revenue to the state, according to Subah Infosolutions. Subah Infosolutions is the IT firm that provides technical support to the taskforce. The task force is made up of officials of the National Communications Authority (NCA), the Criminal Investigations Department (CID) o ...

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Societe General denies money laundering report

The Societe Generale Ghana has denied report citing it and four other banks of engaging in money laundering . The bank has since written to the central bank, and says it is awaiting an official communication of a leaked Ernst and Young audit report which allegedly found it and the other banks guilty of inappropriate transfers of foreign exchange. Hundreds of millions of foreign exchange were allegedly trans ...

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UT Bank to bounce back- Prince kofi Amoabeng

The Chief Executive Officer of UT Bank, Mr Prince Kofi Amoabeng, has said the bank is working assiduously to turn around its fortunes. The assurance comes after the listed bank recorded losses in the first half of 2015. The bank posted a loss of GH¢30.6 million in the first half of this year largely on account of high interest expenses which negatively impacted its results and dampened the positive effects ...

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Hackman brings a 5m defamation suit against daily post Haruna Mahama.

Mr. Hackman Owusu Agyeman, a former Minister in the Kufuor administration, former Member of Parliament and currently member of the Council of elders of the New Patriotic Party, has filed a GHC5million defamation suit against Giraffe Publications, publishers of the Daily Post newspaper and Michael Dokosi (editor), for defamation. Also one Mahama Haruna, a self-styled political activist, was named in the suit ...

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Paul, Deng, Gasol brothers headline first NBA game in Africa

JOHANNESBURG — The National Basketball Association (NBA) and the National Basketball Players Association (NBPA) announced the full rosters for the first NBA game in Africa, which will take place Aug. 1 at Ellis Park Arena in Johannesburg, South Africa.The sold-out NBA Africa Game 2015 will feature a Team Africa vs. Team World format and will be played in support of Boys & Girls Clubs of South Africa, SO ...

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José Mourinho responds to Rafa Benítez’s wife’s comment with scathing personal attack.

After Chelsea's preseason win over Barcelona Tuesday night, Jose Mourinho gave a scathing reply to the wife of Rafa Benitez, who earlier in the day took a jab at the Portuguese manager. Maria de Montserrat Benitez provided interesting fodder for Spanish publication MARCA about her husband becoming the new coach of Real Madrid. Real Madrid is the third team Benitez has managed that was formerly coached by Mo ...

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