Mark Zuckerberg’s Meta had a bad day in Washington this week. But on Wall Street, it took a victory lap. The social media firm updated investors with a slew of good news: quarterly profits that tripled year-on-year to more than $14bn (£11bn), a surge in users, lower costs and higher ad sales. Even its much […] The post Zuckerberg wins on Wall Street after Washington

Namibia has a new president in the shape of Nangolo Mbumba just hours after, as vice-president, he had announced the death of his predecessor. Hage Geingob, 82, died early on Sunday while receiving medical treatment at a hospital in the capital, Windhoek. A veteran of the country’s independence struggle, Mr Geingob had been diagnosed with […] The post Hage

As many as 46 people have been killed in forest fires raging in Chile, President Gabriel Boric said on Saturday. He added that the number of victims is likely to rise, NBC News reported. Chilean Interior Minister Carolina Toha, in a press conference, said 92 active fires are burning in Chile, affecting more than 43,000 […] The post Raging forest fires in Chile kill 46;

The New Patriotic Party (NPP) has apologized to Citi FM/Citi TV and the station’s Northern Regional Correspondent, Mohammed Aminu M. Alabira, following an attack on the reporter by the party’s Member of Parliament for Yendi, Farouk Aliu Mahama, during the parliamentary primary. Mr. Aliu Mahama and his team unleashed mayhem on Alabira while he was […] The post NPP

Reports suggest that the government has opted to cancel the imposition of the 15% Value Added Tax (VAT) on electricity. This decision, which relieves consumers from the new tax on electricity bills, is said to have been borne out of a cabinet meeting on February 2, 2024. The New Patriotic Party also posted its handle […] The post Govt drops VAT on electricity,

The Minister for Lands and Natural Resources, Samuel A. Jinapor, has urged African countries to make investment opportunities attractive for investors while insisting on the importance of value addition for the growth of their country’s mineral infrastructure. He stressed the need to move away from the “dig and ship” approach, highlighting two essential pillars to […] The post Make

The National Executive Council (NEC) of Ghana National Chamber of Pharmacy (GNCoP) has appointed Pharm. Audrey Serwaa Bonsu as Chief Executive Officer of GNCoP The appointment took effect from January 23, 2024. By this, she becomes the first female CEO for GNCoP to lead the Chamber’s operations in Ghana. Pharm. Audrey, a seasoned pharmacist with […] The post Audrey

A tax analyst, Francis Timore Boi, has opposed the Emissions levy introduced by the government, saying the timing and approach are not favourable. On February 1, 2024, the government introduced a new tax policy on carbon dioxide equivalent emissions on internal combustion engine vehicles. Stakeholders, including the Ghana Private Road Transport Union (GPRTU), have opposed […] The post Emissions

The Communications Director of the governing New Patriotic Party (NPP), Richard Ahiagbah, has charged the opposition National Democratic Congress (NDC) to provide alternatives to solving the teething problems the country is faced with. He took a swipe at the NDC for criticizing the government’s move to roll out new taxes, including VAT on electricity and […] The post New

The Ghana Union of Traders Association (GUTA) has strongly opposed the proposed implementation of Value Added Tax (VAT) on electricity charges and the imposition of an Emissions Levy. GUTA believes that the introduction of these additional costs will burden businesses, exacerbating the already high cost of doing business in the country. In a statement signed […] The post GUTA

The National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, has lashed out at Kofi Bentil for calling on Ghanaians to give the Vice President and New Patriotic Party flagbearer, Dr. Mahamudu Bawumia, a listening ear. Vice President of IMANI Africa, Kofi Bentil, in a write-up, called on Ghanaians to give the NPP […] The post Sammy

The Member of Parliament for New Juaben South and Deputy Minister of Trade and Industry, Michael Kofi Okyere Baafi, has disclosed that he will not seek a third term in Parliament. Mr. Okyere Baafi expressed his profound gratitude to delegates, constituency, and regional executives for the trust reposed in him to continue to lead the […] The post I’ll

The Ghana Cocoa (COCBOD) has clarified that the country’s importation of cocoa beans from neighbouring countries is an industry practice spanning over 20 years. A letter sighted by citinewsroom.com, signed by the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, and addressed to Afrotropic Cocoa Processing Company Limited, gives it the […] The post Importing

The Deputy Minister of Trade and Industry and the parliamentary candidate for the New Patriotic Party (NPP) in New Juaben South, Michael Kofi Okyere Baafi, says he has begun processes to bring all aggrieved party members in the constituency on board for the 2024 general elections campaign. Yaa Ansah, a parliamentary candidate hopeful who sought […] The post NPP

Ghana is set to import 2,500 tonnes of cocoa beans from Côte d’Ivoire and 1,000 tonnes from Nigeria. Delivery is expected to be done through the Tema Port. This was contained in a letter signed by the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, sighted by citinewsroom.com, and addressed to […] The post Ghana

The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has called for the immediate disbandment of a search committee set up by the Ghana Football Association (GFA) to find a new coach for the Black Stars. He emphasizes the need for a total overhaul of the country’s sporting structure and the formulation of a […] The post AFCON loss: Disband Black

The Commission of the Economic Community of West African States (ECOWAS) has expressed concerns about Senegalese authorities’ decision to postpone their presidential elections, which were scheduled for February 25, 2024. Senegal’s President Macky Sall, in a televised address to the Senegalese nationals on Saturday, indefinitely postponed the presidential elections, citing a dispute over the candidate […] The post ECOWAS

The Chief Executive Officer of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, says electricity prices may go up following the implementation of the Emissions Levy. According to him, the law imposes a levy of GH¢100 per tonne on carbon dioxide equivalent emissions from the electricity producers. In a statement, the Power Systems […] The post Emissions

In an aggressive move to do away with ghost names in the public sector, the Controller and Accountant General, Mr. Kwasi Kwaning-Bosompem has strongly cautioned workers that his outfit is set to delete names of persons who have not linked their Ghana card to the payroll system. Speaking at the annual conference of the Controller […] The post We’ll soon

Namibia’s President Hage Geingob has died while receiving medical treatment at a hospital in the capital, Windhoek. Vice-President Nangolo Mbumba announced that Mr Geingob had died in the early hours of Sunday morning. “At his side was his dear wife Madame Monica Geingos and his children,” Mr Mbumba said in a statement. The 82-old leader […] The post Namibia’s