A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s board of directors failed to prove “that the compensation plan was fair” or show much evidence that they had even negotiated with him. Tesla’s share price slid about 3% in after-hours trading Tuesday following news […] The post Elon Musk’s
Electronic Money Issuers (EMIS) across the country have until the end of Wednesday, January 31, 2024, to collaborate with agents to link their accounts with the Ghana Card or TIN or have their SIM cards blocked. This directive was announced by the Ghana Chamber of Telecommunications in a statement dated January 30, 2024. According to […] The post Momo:
Human Rights lawyer Francis-Xavier Sosu is moving to escalate issues with the law on the death penalty to the ECOWAS Court of Justice. The lawyer expressed his displeasure with the death sentence handed to six coup plotters after being found guilty of conspiring to commit high treason and committing high treason. The High Court on […] The post Xavier Sosu
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base Read More... The post BoG Lowers Base Rate To 29% To Stimulate Economic Growth
One more person allegedly involved in the purported GH¢203,000 job scam case has been arrested and arraigned. Iddrisu Suka, who appeared in an Accra Circuit Court, has been remanded into police custody to reappear on February 5, 2024. The Court, presided over by Mrs. Samuel Bright Acquah, issued a bench warrant on June 19, 2023, […] The post One more person
Nigerian singer, songwriter, and music executive, Oluwatosin Oluwole Ajibade, popularly known in the entertainment industry as Mr. Eazi, has won the Young Entrepreneur Award at the 2024 African Prosperity Champions Award held at the Kempinski Gold Coast Hotel in Accra. The award recognises Mr. Eazi's drive to set up businesses on the continent and project […] The post African
The Office of the Special Prosecutor (OSP) was yesterday ordered by a High Court in Accra to return the $590,000 and GH¢2.73 million its officers found and seized from Read More... The post Return Cecilia’s Monies In 72 hrs- Court Orders OSP appeared
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post
Before Alhaji Collins Dauda and Dr. Kwaku Agyeman-Mensah were respectively appointed as Minister for Works and Housing, an amount of US$80 million had already been invested into the Saglemi housing project. Mr Godwin Edudzi Tamakloe, Counsel for Agyeman-Mansah, told an Accra High Court, presided over by Justice Ernest Owusu-Dapaa, on Tuesday. He said the amount […] The post Collins,
A 27 year old mason, Victor Amidon, has been charged for allegedly robbing a plumber off one Tecno Spark 7 phone valued at GH¢750.00 and cash sum of GH¢2,400.00 using gun and cutlass. He has pleaded not guilty to two counts of robbery, when presented before the Accra Circuit Court, presided over by Mr Samuel […] The post 27-year old mason in court over alleged robbery appeared first on
Richard Boame, a 37-year old Apprentice, has been sentenced three years imprisonment for stealing GH¢15,000 from his master to engage the service of prostitutes. In a matter of three days, the convict hired a hotel room and engaged in sexual activities with eight prostitutes and paid each between GH¢330 and GH¢550. Boame pleaded guilty simplicita, […] The post Apprentice steals from master
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post Oxford
Alhaji Collins Dauda, former minster for Works and Housing, according to a Prosecution Witness, Rev. Stephen Yaw Osei, did not issue an interim payment certificate, regarding the Saglemi Housing Project. He said this in court last week during cross examination. Mr Collins Dauda and others have been accused of causing financial loss to the state […] The post Colins Dauda Did Not Issue Interim
as inflation eats away 92% of currency’s value since 2007 The cedi’s struggle to maintain value beyond the short term continues to raise concerns about the economy’s long-term transformation, financial expert Adjei Boateng has said. Mr. Boateng, a chartered financial analyst (CFA), highlighted the cedi’s significant devaluation, losing 91.6 percent of its value since the […] The post
A Ho High Court has granted a bail application for an accused serving as an Immigration Officer who was alleged to have shot dead a 25-year-old man suspected of smuggling gallons of cooking oil from neighbouring Togo. Counsel for the accused presented a motion for bail, emphasizing the need for the accused to be released […] The post Immigration Officer
At the hearing in the High Court, Ho, on Friday, January 19, 2024, of the election petition against the Member of Parliament for Hohoe, John-Peter Amewu, Tsatsu Tsikata, the lawyer representing five petitioners from SALL has requested the court’s permission to withdraw an application for judgment based on admissions made by the first respondent, the […] The post SALL
Gregory Afoko, the farmer accused of murdering Adams Mahama, former New Patriotic Party (NPP) Chairman has, for the third time in eight years, pleaded not guilty to conspiring with convict, Asabke Alangdi, to murder the former New Patriotic Party (NPP) Upper East Regional Chairman. Alangdi, who has already been convicted on the charge of conspiracy, […] The post NPP
EASE Ghana, a subsidiary of EASE Holdings BV, which specialises in quality equipment-as-a-service, has inaugurated the first MRI scanner in the Eastern Region at St. Dominic Catholic Hospital , Akwatia. The inauguration also marked the debut of Siemens Magnetom Free.Star Magnetic Resonance Imaging (MRI) scanner technology in Ghana. The MRI scanner utilises Siemens’ latest low-helium […] The post
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