Less than two months before European voters in 27 countries take part in EU Parliament elections, Belgium says it is investigating pro-Russian networks that are trying to influence the vote. Moscow’s aim was to bring more pro-Russian candidates into the European Parliament, said Prime Minister Alexander de Croo. “Weakened support for Ukraine serves Russia on […] The post Belgium
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
Buem Member of Parliament, Mr Kofi Adams, has asked the Governor of the Bank of Ghana (BoG), Dr Ernest Addison whether there is any commercial bank in Ghana capable of running the Gold for Oil programme if the central bank decides to shift to the operations to them. This was after Governor Addison hinted that […] The post Is there any commercial bank
China tried to meddle in the last two Canadian elections but the results were not affected and it was “improbable” Beijing preferred any one party over another, Prime Minister Justin Trudeau has told an official probe. In sworn testimony on Wednesday before a commission conducting a public inquiry into alleged foreign interference in the 2019 […] The post Trudeau says
It was the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen. Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country’s largest banks […] The post Vietnamese billionaire
A South African court has ruled that former President Jacob Zuma can run for office in the country’s upcoming general election, overturning an earlier decision that had barred him from contesting the polls. The Electoral Court decision on Tuesday paves the way for Zuma to run for president on behalf of the uMkhonto weSizwe Party […] The post South Africa’s Jacob Zuma wins court bid to contest upcoming election
The parents of a Michigan teenager who shot dead four students have each been sentenced to 10 to 15 years in prison. A seven-year sentence was recommended, but prosecutors asked for more. James and Jennifer Crumbley, the first parents of a US school shooter to be convicted, appeared together for the first time in months […] The post Parents of Michigan school
The World Bank (WB) is expecting an upward progression of Ghana’s Gross Domestic Product (GDP) to hit 5.0% by 2026. This follows a projected 2.9% marginal GDP growth for Read More... The post Ghana To Return To 5.0% GDP Growth – WB appeared first on
An activist who criticized Morocco’s decision to normalize relations with Israel was sentenced to five years in prison, as some of the Arab world’s largest pro-Palestinian protests continue to sweep the country. Abdul Rahman Zankad of Mohammedia, Morocco was arrested in March after posting on Facebook about Israel’s war in Gaza and Morocco’s 2020 decision […] The post Moroccan
Togo has rescheduled parliamentary and regional elections for April 29 after delaying the ballot over a highly contested constitutional reform. The announcement was made Tuesday (Apr. 9) after a cabinet meeting. Elections were initially scheduled on April 13 before being postponed to April 20. Togo’s parliament voted in late March to transition the nation from […] The post Togo
The World Bank has identified deep-rooted inequalities as a major obstacle to Africa’s economic progress, according to its chief economist for the region. Andrew Dabalen in an interview on Citi TV’s The Point of View, pointed to a lack of essential infrastructure and limited intra-African trade as key factors limiting growth. “The speed at which […] The post Structural
Andrew Dabalen, the Chief Economist for the Africa Region at the World Bank, has expressed optimism regarding the forecasted 3.8% growth in Sub-Saharan African countries by 2025. The World Bank’s Africa Pulse Report for April 2024 anticipates growth in Africa in the coming years. The report also suggests that domestic resource mobilization and international support […] The post Africa’s
but faster and more equitable growth needed to reduce poverty Increased private consumption and declining inflation are supporting an economic rebound in sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters and escalating conflict and violence, according to the World Bank’s latest Africa’s Pulse […] The post
Three Tanzanian soldiers were killed, and three others wounded when hostile mortar fire landed near their camp in the Democratic Republic of Congo, the Southern African Development Community (SADC) said on Monday. They were part of a Southern African peacekeeping force deployed in December last year to help government troops battling M23 rebels in the […] The post Three
Absa Bank Ghana has announced the winners of its Assist Card Campaign at a ceremony held at the Kempinski Gold Coast Hotel, Accra. The hallmark campaign is designed to encourage and reward the use of Absa’s contactless debit and credit cards. Launched in December 2023, the campaign underscores Absa’s strategic partnership with the English Premier […] The post Absa rewards Assist
Ghana Christian High International School (GCHIS) demonstrated brilliance in the just-ended Dunkfest at the Association International School (AIS), Airport in Accra. The school emerged tops in both the boys and girls categories in an event which saw boxing greats professor Azumah Nelson, Joseph King Kong Agbeko, former IBF Bantamweight champion, Lebanese Ambassador to Ghana and […] The post Ghana
Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says. The funds were traced to more than 50 bank accounts, it said. Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was initially suspended in January over the alleged diversion of $640,000 of public […] The post Betta
The parents of a Michigan teenager who shot dead four fellow students are due to be sentenced on Tuesday, marking the end of a landmark criminal case. James and Jennifer Crumbley were both found guilty of manslaughter and each face up to 15 years in prison. Jurors found they ignored their son’s mental health needs […] The post James and Jennifer
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, is wondering how the commercial banks are going to break even and increase lending to the private sector vis-a-vis the Bank of Ghana’s higher cash reserve requirement for commercial banks. To him, the higher cash reserve requirement for commercial banks. counterproductive […] The post How
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