The Board of Cal Bank Ghana PLC has approved a GHS 600 million renounceable rights issue to be sourced through private placement of ordinary and preference shares to new investors. The issuance comprises 1,872,461,736 ordinary shares of no-par value, priced at GHS 0.29 pesewas per share, and 196,503,781 preference shares of no-par value, also priced […] The post CAL
Executive Director of Child Rights International, Bright Appiah, has revealed that the girl at the centre of the child marriage controversy is 15 years old, not 16 as previously claimed by the Nungua Traditional Council. The 63-year-old Gborbu Wulomo, Nuumo Borketey Laweh XXXIII, has faced significant backlash after a video of him marrying the minor, […] The post Girl
The African Continental Free Trade Area (AfCFTA) Secretariat has announced its commitment to mobilize $10 billion to bolster the development of small and medium-scale enterprises led by youth across Africa. The AfCFTA revealed that it has already allocated $150 million to support the burgeoning businesses of young entrepreneurs in Africa. Additionally, it aims to augment […] The post AfCFTA
Somalia has announced the expulsion of Ethiopia’s ambassador from the country amid rising tensions over a port deal dispute in the breakaway region of Somaliland. Ethiopian Ambassador Mukhtar Mohamed was sent home for consultations, the office of Somalia’s prime minister said on Thursday. Mogadishu is also shutting down Ethiopia’s consulates in Hargeisa, the largest city […] The post Somalia
The International Federation of Lawyers (FIDA-Ghana) has vehemently condemned the marriage between the Gborbu Wulomo of Nungua, Nuumo Borketey Laweh Tsuru XXXIII, and Naa Yoomo Ayemuede alleged to be 16 years old. The federation said that cultural child marriage is not only injurious but unlawful. FIDA stressed the fact that the mandatory age for marriage […] The post FIDA
A man has been sentenced to 30 years in prison for helping an Islamist attacker who killed five people at a French Christmas market in December 2018. Audrey Mondjehi, 42, was convicted of obtaining a gun used by Cherif Chekatt, who shot and stabbed his victims in Strasbourg, north-eastern France. The pair were former prison […] The post Strasbourg shooting:
A group photograph of the participants after the training Some selected staff of the Electricity Company of Ghana (ECG) have undergone a three-day training aimed at empowering the participants with Read More... The post ECG Staff Receive Gender Equity Training appeared first
Dr. John Kwakye The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye says government must accept responsibility for the economic outcomes during the 2020-22 Read More... The post ‘Accept Responsibility For Economic Outcomes’ appeared
Ghana and Kenya has formed a bi-national commission to elevate their relations. The agreement was reached at Jubilee House on Wednesday, April 3, 2024 when the President of Kenya, William Ruto, visited President Akufo-Addo. He was on a 3-day official state visit to Ghana to strengthen the ties of cooperation that exist between the two […] The post Ghana and Kenya form bi-national Commission appeared
Ukraine has carried out a drone attack against targets in southern Russia and claims to have destroyed six Russian planes at an airbase in Rostov region. Security sources told BBC Ukrainian eight more aircraft were badly damaged, and 20 service personnel could have been killed or injured. The Morozovsk base houses Su-27 and Su-34 aircraft […] The post Ukraine war:
Business communities in Ghana and Kenya have appealed to their respective governments to consider procuring vessels to aid intra-countries trade. The Ghana Chamber of Commerce and the Kenyan Association of Manufacturers were in sync on this advocacy, at a business forum for Ghana and Kenya held in Accra on Wednesday, April 3, 2024. The two […] The post Biz communities
The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex market, with the loss in value nearing 10% for the first four months of 2024. Since the beginning of the year, the cedi has experienced marginal depreciation marking a year-to-date depreciation of approximately 9.37%. However, this marks […] The post Cedi-dollar
Plan International Ghana and World Vision Ghana have vehemently condemned the reported marriage between a 12-year-old girl and a 63-year-old traditional priest in Nungua, Accra. The organizations expressed profound concern over the alleged union and rebuked any attempts to justify it under the guise of cultural practices. A statement signed by the Country Director of […] The post International
Energy Analyst and CEO of Euroka Energy Solutions, Dr Yussif Sulemana has taken a swipe at the National Petroleum Authority (NPA) for reintroducing the Price Stabilisation Recovery Levy in the price build-up. To him, this is not the best decision to take at this time of rising fuel prices. The NPA in a letter dated […] The post Energy Expert criticises NPA for
Plan International Ghana and World Vision Ghana have vehemently condemned the reported marriage between a 12-year-old girl and a 63-year-old traditional priest in Nungua, Accra. The organizations expressed profound concern over the alleged union and rebuked any attempts to justify it under the guise of cultural practices. A statement signed by the Country Director of […] The post International
The Ghana Cocoa Board (COCOBOD) has announced a revision in the Producer Price of cocoa for the remainder of the 2023/24 crop year, effective from Friday, April 5, 2024. This decision was made following consultations with stakeholders. COCOBOD in a statement released on April 5, 2024, explained that a 64 kg bag is now priced […] The post Government increases producer price
South African footballer Luke Fleurs has been shot dead in a car hijacking, his team says. The shooting took place at a petrol station on Wednesday night in the Johannesburg suburb of Florida. The 24-year-old was waiting to be attended to when he was approached by unknown gunmen, who ordered him to get out of […] The post Luke Fleurs: South African footballer
Dr. Kweku Arthur-Annobil, Strategy Lead & Business Manager (BCB) at Stanbic Bank, has urged regulators and business leaders in the financial sector to support female entrepreneurs to grow and expand their businesses. He made this statement at the 2024 Women in Business Dialogue series, held at the La Palm Royal Beach Hotel. Speaking at the […] The post Women
By Emmanuel AKOMEA The Chief Executive Officer of DCG Consulting Group, Dzibordi K. Dosoo, emphasizes the significance of prioritizing skill development and effective communication to thrive in today’s competitive business environment. According to her, regardless of the product or service offered, refining one’s abilities and communicating effectively with customers are pivotal for success. Dosoo further […] The post
The Institute of Economic Affairs (IEA) has criticized the government for its poor macroeconomic performance from 2020 to 2022. During this period, Ghana experienced an economic downturn, with the government seeking a 3 billion bailout from the International Monetary Fund (IMF). Giving a post-analysis of President Akufo-Addo’s State of the Nation Address (SONA), on April […] The post Economic
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