Bain Capital-backed Kioxia filed a registration statement on Friday which will allow the Japanese chipmaker to sound out investors for an initial public offering. Kioxia’s filings indicate it aims to conduct an IPO some time from December through June 2025. The chipmaker is targeting December, two people familiar with the matter said. Bain scrapped plans … The post Kioxia
French generative AI startup LightOn launched an initial public offering (IPO) on the Euronext Growth market in Paris on Friday, with a listing expected later in November. WHY IT’S IMPORTANT LightOn, which provides large language model (LLM) software to businesses and the French government, would become the first GenAI startup to be listed in Europe. … The post LightOn
Member of Parliament for Madina, Francis-Xavier Sosu, together with four other Members of Parliament, has submitted a private member’s bill seeking to repeal the 10% withholding tax on betting and gaming winnings.
Six people are currently receiving hospital treatment following a violent clash between residents of Kwahu Abetifi and a group of armed men who stormed the Abetifi Palace in an attempt to destool Kwahu Adontenhene Akyemfour Asiedu Agyemang III, the acting President of the Kwahu Traditional Area.
Scottish club St Johnstone's manager, Simo Valakari, has announced that Ghanaian defender Dennis Nkrumah Korsah will not be joining the team, citing their strong depth at the left-back.
Semiconductor Manufacturing International Corp (0981.HK) , China’s largest chipmaker, warned on Friday that overcapacity in mature node chips will persist through 2025 and that it was turning cautious on building new capacity. The global semiconductor industry has struggled to recover since late 2022, when pandemic-driven shortages turned into oversupply, with many end users, including automakers, still working … The post SMIC
Sony (6758.T), reported on Friday a 73% rise in group operating profit in the July-September quarter, buoyed by strong sales in its game and network business. Sony, whose businesses includes music, movies, games and chips, maintained its profit forecast of 1.31 trillion yen ($8.51 billion) for the current year to March, largely in line with the 1.34 … The post Sony posts 73% jump in Q2
Three Ghanaian-owned companies on Wednesday emerged as winners of the Ghana National Kaizen Awards 2024 for their excellence in operational efficiency and innovation. KAIZEN is a Japanese philosophy and methods of quality and productivity which are key for Japanese industrial development and applied techniques. The awardees included Solution Oasis Limited, Yedent Agro Group of Companies, … The post 3
The Coordinator of the Affirmative Action Bill Coalition, Ms Becky Ahadzi, has asked the electorate to vote for more women aspirants in the 2024 polls to help in decision making of the country. “There is the need for more women in parliament to ensure the passage of gender responsive laws and policies,” she indicated. She … The post Vote for more women – Affirmative Action Coalition
The Electoral Commission (EC) on Wednesday presented soft copies of the final certified voters register for the December 7 general election to all political parties and independent candidates contesting in the polls. This is in accordance with sub-regulation four of the Constitutional Instrument (C.1) 91. The register, which contains the valid voters register, the exceptions … The post EC
The President, Nana Addo Dankwa Akufo-Addo, has accused the presidential candidate of the National Democratic Congress (NDC), John Dramani Mahama, of lacking the courage and conviction to champion the transformation of the country. Rather, he explained that, the former President had demonstrated his level of indecision as he changes his decision with the tide. He, … The post John
Protests have erupted in Israel after Prime Minister Benjamin Netanyahu fired the country’s Defence Minister Yoav Gallant. Netanyahu said a “crisis of trust” between the two leaders led to his decision, adding that his trust in Gallant had “eroded” in recent months and Foreign Minister Israel Katz would step in to replace him. Gallant said … The post Protests
The US Department of Justice is in talks with the office of special counsel Jack Smith over winding down the two federal cases he is overseeing against president-elect Donald Trump, according to US media reports. Last year, Mr Smith brought charges against Trump over the alleged mishandling of classified documents and his suspected role in … The post Justice officials in talks to drop Trump
A statue can symbolically elevate a leader above others, potentially biasing the public’s view before a fair assessment of their term can be made, a United States-based Ghanaian Professor, Kwaku Asare said. Prof Asare is opposing erecting statues for a sitting president or public officers. He says that statues should be reserved for figures whose […] The post Statues
A United States-based Ghanaian Professor, Kwaku Asare has opposed erecting statues for a sitting president or public officers. He says that statues should be reserved for figures whose contributions have stood the test of time. Erecting one for a current president or public officer risks prematurely celebrating achievements that history may judge differently, he argued. […] The post Erecting
Ghana marks the 40th National Farmers’ Day today and it will be climaxed with a national awards night ceremony to be attended by President Nana Addo Dankwa Akufo-Addo. And as it is always, farmers and fishers who have distinguished themselves across the country during the year will be honoured in 15 award categories. The categories … The post 40th National Farmers’ Day to be held today
The New Patriotic Party (NPP) administration has managed the public finances better than the previous National Democratic Congress (NDC) administration did, Minister of Works and Housing, Kojo Oppong Nkrumah, has said. Mr Oppong Nkrumah says the presidential candidate of the NPP, Dr Mahamudu Bawumia will even do more to protect the purse and put it […] The post NPP
Minister of Works and Housing, Kojo Oppong Nkrumah, has expressed the view that the presidential candidate of the National Democratic Congress (NDC) John Dramani Mahama does not believe in the free senior high school prgramme. He says Mr Mahama will collapse it if he gets the opportunity. To that end, he has called on Ghanaians […] The post Mahama
The Media Foundation for West Africa (MFWA), Dubawa, FactSpace West Africa and other civil society organisations working on information hygiene, integrity and resilience in Ghana have formed the Ghana Fact-Checking Coalition. The Coalition has been convened ahead of Ghana’s 2024 Presidential and Parliamentary elections to mount a joint, collaborative and coordinated effort to mitigate the […] The post Ghana
The running mate of the National Democratic Congress (NDC) for the December 7 Presidential contest, Prof. Naana Jane Opoku-Agyemang has ended her 3-day campaign tour of the Volta Region during which she was enstooled as a queen mother of Ave Dakpa in the Akatsi North Constituency under the stool name Mama Ngorgbe II. The chiefs … The post Prof. Naana enstooled Mama Ngorgbe II of Ave Dakpa
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