Professor Eddie Obeng says Ghana’s new GH¢50 note shows his mother, Dr Letitia Obeng, instead of aunt Theodosia Okoh, raising questions over the Heritage Series.
Mahama said old Ghana cedi notes would remain in use alongside the new Heritage Ghana Series as banks gradually withdraw them during a phased transition plan.
Bank of Ireland apologised on Wednesday after fixing a technical issue that allowed customers to withdraw or transfer more money than was in their accounts. The bank warned customers that withdrawals and transfers, including those over normal limits, would be debited from accounts, potentially tipping them into costly overdrafts.
The German government approved a draft law Wednesday legalising the purchase and possession of small amounts of cannabis for recreational use, despite criticism from opposition politicians and judges. The German Judges Association meanwhile said the legislation would create more red tape and add more stress to the judicial system, rather than relieving it.
Chinese internet giant Tencent announced on Wednesday a 41 percent year-on-year jump in second-quarter net income, but missed analyst forecasts for revenue. And on a quarter-to-quarter basis, Tencent's latest quarterly net income figure represents an increase of just 1 percent.
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