The Tema-Mpakadan Standard Gauge Railway Line (SGRL) and Diesel Multiple Unit trains (DMU) was on Friday inaugurated in Tema by the President, Nana Addo Dankwa Akufo-Addo. The $447 million 97.6-kilometre railway line project including a 300-metre bridge over the Volta River is to, among others things, play a critical part of a multi-modal transport system … The post 97.6km Tema-Mpakadan rail
Britain and its NATO allies must stay ahead in “the new AI arms race”, British cabinet office minister Pat McFadden will say on Monday, warning that Russian cyber criminals are increasingly targeting countries that support Ukraine. Addressing a NATO Cyber Defence Conference in London, McFadden will unveil Britain’s plans to set up a new Laboratory … The post Britain,
The U.S. government plans to reduce Intel Corp’s (INTC.O), preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times. This spring U.S. … The post US
Australia Prime Minister Anthony Albanese said on Monday social media firms would be required to destroy personal data used to verify ages of users, as part of what the government says is a world-leading ban on under-16s using the services. Australia plans to trial an age-verification system that may include biometrics or government identification to … The post Australia
Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years, with 52% of private sector companies reporting at least one attack in that time, insurance broker Howden said on Monday. Cyberattacks cost businesses 1.9% of their revenue on average, Howden said, with companies generating an annual … The post Cyberattacks
South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics (005930.KS), Chairman Jay Y. Lee over actions in a controversial merger of affiliates that helped solidify his control in a case being tried at an appeals court. Lee was found not guilty in February of accounting fraud and stock manipulation by a Seoul … The post South
French IT firm Atos (ATOS.PA), has entered negotiations with the government over the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million), the company said on Monday. Atos, which secures communications for the French military and secret services and manufactures servers to make supercomputers, is undergoing a restructuring to tackle its … The post French
Former President, John Dramani Mahama, the presidential candidate of the National Democratic Congress (NDC), has ended his campaign tour of the Eastern Region. The five-day campaign, which started on Monday, November 18, 2024, took the former president to all 33 constituencies in the region, including Abuakwa South. Despite being a stronghold of the governing New … The post Mahama ends Eastern Region
The President, Nana Addo Dankwa Akufo-Addo, says he will transition from office with the utmost respect for the country’s democratic processes, stressing that he is committed to ensuring that the will of the citizenry prevails in the December 7 elections. According to him, no ambition of any politician or a political party would ever compromise … The post At GMA graduation:
More than 80 people have been killed in renewed sectarian violence in north-west Pakistan, officials say. Another 156 are said to have been wounded in three days of fighting in the tribal district of Kurram, near the Afghan border. The violence began on Thursday, when gunmen attacked convoys of Shia Muslims travelling through the area … The post DOZENS KILLED IN PAKISTAN SECTARIAN VIOLENCE appeared
Over 300 people with disabilities (PWDs), experts, donors, agencies, and other stakeholders from various sectors are expected to participate in a two-day conference to discuss and address challenges faced by PWDs and develop inclusive solutions. The two-day conference, dubbed, “INPEWDEC 2024”, would be held in Accra on Thursday and Friday under the theme, “Empowering Persons … The post International
A $100 million world class Oil and Gas Services Terminal (OGST) at the Takoradi Port in the Western Region was on Friday inaugurated by President Nana Addo Dankwa Akufo-Addo. The OGST is a logistics platform within the port featuring offshore supply vessel (OSV), berthing facilities and serviced waterfront land to support offshore oil and gas … The post Pres
Ghana’s Black Queens have been drawn into Group C for the 2024 Women’s Africa Cup of Nations (WAFCON) tournament, which will take place in Morocco in 2025. The draw, which took place on Friday evening, revealed that Ghana will face defending champions, South Africa, Tanzania, and Mali at the group stage. Host nation, Morocco, Zambia, … The post Ghana draw South Africa,
A breach of telecoms companies that the United States said was linked to China was the “worst telecom hack in our nation’s history – by far”, the chairman of the Senate Intelligence Committee told the Washington Post on Thursday.Earlier this month, U.S. authorities said China-linked hackers had intercepted surveillance data intended for American law enforcement … The post Suspected
Bain Capital-backed Kioxia’s market value is seen around 750 billion yen ($4.85 billion) in its initial public offering, a regulatory filing showed on Friday. The IPO will have a deal value of about 100 billion yen ($645.45 million) excluding overallotment. Bain and Toshiba will sell shares in the IPO. Separately, Kioxia will issue new shares, … The post Kioxia’s market value set at
Northvolt’s CEO and co-founder Peter Carlsson is stepping down, the Swedish maker of battery cells for electric vehicles said on Friday, one day after the group filed for U.S. Chapter 11 bankruptcy protection. Northvolt in a matter of months this year went from being Europe’s best shot at a home-grown electric-vehicle battery champion to racing to stay afloat, hobbled by … The post Northvolt
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration. It has more than doubled in value this year and is up about 45% since Trump’s sweeping election … The post Bitcoin at record highs, sets sights on $100,000
Positive Technologies, a leader in result-driven cybersecurity, says there has been a rise in attacks on the government sector and financial companies. It said analysis of the current cyber threats on the African continent for 2023–2024 indicated that these attacks were often carried out by organised hacker groups aiming for financial gain and espionage, as … The post Over
The New Patriotic Party (NPP) has dismissed claims of hatching a plot to rig and perpetrate violence in the 2024 elections. The National Organiser of the NPP, Henry Nana Boakye, assured that Ghanaians are committed to peace and will not tolerate any acts of violence. Addressing a press briefing on Wednesday, he said: “We shall … The post Ghanaians are committed to peace, not
Presidential candidate of the opposition NDC, John Dramani Mahama, has accused Vice President Dr Mahamudu Bawumia, the NPP’s candidate, of complicity in the failed Power Distribution Services (PDS) – Electricity Company of Ghana concession deal. The former president alleged that Dr Bawumia single handedly changed the bank guarantee of the deal to an insurance guarantee … The post Dr
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