The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
By Kestér Kenn KLOMEGÂH China and Russia have renewed their anti-Western confrontation during high-level meeting in early April 2024 in Beijing. China demonstrates greater readiness to team up with Global South to “promote reforms in the global governance system” while Russia vehemently confronts “Western-led bloc” during talks in Beijing. But both further pledged to strengthen multilateral strategic […] The post
Russia and China have agreed to discuss ways to deepen their security cooperation in Asia and Europe to counter attempts by the United States to impose its will on the region, Foreign Minister Sergey Lavrov has said. “For a long time, there was a Euro-Atlantic security structure in the form of NATO … as well […] The post Russia, China to deepen security cooperation in Asia, Europe
A 27-year-old man, Masaudu Fuseini was on Thursday, April 28, 2024, remanded into prison custody for allegedly stealing cables belonging to the Electricity Company of Ghana Limited (ECG). A Koforidua Circuit Court, presided over by Miss Asare Anima, ordered Fuseini to replace the stolen cables, valued over GH¢9,000 and show proof of replacement on his second […] The post Man, 27, remanded for
By Kestér Kenn KLOMEGÂH Russia has now started calling for combined strategic partnership and international efforts to drastically address the complexities of rising insecurity and adopting a multilateral military force for countering terrorism in Africa, particularly in Burkina Faso, Mali and Niger. An official statement from the Russian Foreign Ministry called for finding common solutions […] The post
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
Millions of Americans’ online accounts have been caught up in a “sinister” Chinese hacking plot that targeted US officials, the justice department and FBI said on Monday. Seven Chinese nationals have been charged with enacting a widespread cyber-attack campaign. They are accused of ties to a hacking operation that ran for 14 years. The US […] The post Millions
Former president of the Chinese Football Association (CFA), Chen Xuyuan, has been handed a life sentence for his involvement in bribery, marking a significant development in China’s anti-corruption crackdown within the sports sector. Chen Xuyuan, along with several senior sporting executives, was sentenced on Tuesday following an extensive investigation, as reported by state media. The […] The post Ex-China
By Samuel Tetteh TEI The World Trade Organization held its 13th Ministerial Conference (MC13) in Abu Dhabi (UAE) from 26 February to 2 March 2024. The Ministerial Conference saw 166 trade ministers and their respective delegations converging in Abu Dhabi to deliberate on several critical issues, ranging from food security and e‑commerce to fisheries subsidies […] The post Insights
By Stephen S. Roach FBI Director Christopher Wray recently upped the ante in America’s anti-China campaign. In congressional testimony on January 31, he sounded the alarm over intensified Chinese hacking activity and warned that US infrastructure – telecommunications, energy, transportation, and water – is acutely vulnerable to the Chinese state-sponsored hacker group Volt Typhoon. Front-page […] The post
Financial irregularity is one of the thorny issues organizations tend to grapple with in their operations. It is a matter of interest in terms of demanding accountability regarding the use of resources. The issue is a yearly ritual in the public financial management of government institutions and attracts wide national commentary. The private sector also […] The post
Absa Group has announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with the official launch event in Beijing, scheduled for the 8 May 2024. At a ceremony in Johannesburg, South Africa today, attended by Enoch Godongwana, the Minister of […] The post Absa
Russia and China have slammed the United States for its recent air strikes on targets in Iraq and Syria. The two countries accused Washington of raising the risk of regional escalation at a meeting of the United Nations Security Council late on Monday. Moscow also asserted that the US decision to launch the attacks was […] The post Russia and China slam US for Middle East strikes
One of the first methods of resolving disputes outside of typical judicial proceedings is arbitration. The Greek philosopher, Aristotle, said that, “It is equitable to agree to arbitration rather than going to court because the umpire in an arbitration looks to equity while the juryman sees only the law. It is also equitable to be […] The post
Vietnam and the Philippines have agreed to cooperate on maritime security in the South China Sea, a conduit for $3 trillion of annual shipborne trade that China claims almost in its entirety. The deals, signed during a state visit to Hanoi by President Ferdinand Marcos Jr on Tuesday, will see the two countries’ coastguards working […] The post Vietnam, Philippines sign deals
China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world’s second-largest economy. Nearly $6tn (£4.7tn) has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago. The China Securities Regulatory Commission (CSRC) says the measures will create “a fairer market […] The post China
Myjoyonline.com reported recently that the government has requested the Ghana Revenue Authority (GRA) to liaise with the two power distribution companies to transfer Value Added Tax (VAT) generated from consumers who have exceeded their lifeline power consumption. The website, quoting from a release issued by the Finance Ministry said the sector Minister, Ken Ofori-Atta, had […] The post Editorial:
China has summoned the Philippine ambassador after Manila congratulated the winner of Taiwan’s presidential election. China lashed out on Tuesday, a day after Filipino President Ferdinand Marcos sent Taiwanese President-elect Lai Ching-te a note on his victory in the recent vote. The highly undiplomatic comments from Beijing, which warned Manila “not to play with fire,” will […] The post China
Taiwan has condemned China for what it called intimidation of its citizenry and attempts to influence the island’s elections on Saturday. On Thursday, Taiwan’s Foreign Minister Joseph Wu criticised China’s “repeated interference” in the upcoming polls, lambasting Beijing for “once again blatantly intimidating the Taiwanese people and the international community”. The elections “are in the […] The post Taiwan
A few days ago, I participated in the Central Conference on Work Relating to Foreign Affairs in Beijing, China. The conference pointed out the direction for China’s futural diplomatic work and the development of China-Africa relations. I want to take this opportunity to introduce to my Ghanaian friends the guiding principles of the conference and […] The post Toward
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS