Imran Khan and his wife Bushra Bibi have been jailed for 14 years, the second sentence handed to Pakistan’s former prime minister in two days. The two sentences come just a week before the South Asian country is due to hold an election in which he is barred from standing. Khan, who was ousted as […] The post Imran Khan: Former Pakistan PM and wife
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
The Ghana Association of University Administrators (GAUA) is considering suspending its ongoing strike pending a scheduled meeting with the Ministry of Education and the Ghana Tertiary Education Commission (GTEC) on February 7, 2024. The union began a nationwide strike, citing the government’s disregard for their conditions of service. While the National Labour Commission (NLC) has […] The post GAUA
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
An Analyst with the Economic Community of West African States (ECOWAS) and African Continental Free Trade Area (AfCFTA), Emmanuel K. Bensa, has described the exit of Burkina Faso, Mali, and Niger from the ECOWAS as an unwise decision. According to him, this is not the right time for these countries to depart from the organization […] The post Burkina-Mali-Niger
Former Pakistani prime minister Imran Khan has been sentenced to 10 years in jail in a case in which he was accused of leaking state secrets. Khan, who was ousted by his opponents as PM in 2022, is already serving a three-year jail term after being convicted of corruption. He has called all the charges […] The post Imran Khan: Pakistan former PM jailed
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:
The US government has released the names of three troops killed by an enemy drone attack in Jordan on Sunday. Sgt William Jerome Rivers, 46, Specialist Kennedy Ladon Sanders, 24 and Specialist Breonna Alexsondria Moffett, 23 were killed when a drone hit their housing unit. The US has blamed Iranian-backed groups and the Pentagon said […] The post Three US soldiers killed in Jordan
Dr. Ernest Addison The Monetary Policy Committee (MPC), of the Bank of Ghana has dropped its lending rate from 30% to 29% following a decline in inflation. The Governor Read More... The post Policy Rate Drops To 29% appeared first on DailyGuide N
The Ghana Association of University Administrators’ (GAUA) decision to embark on a strike action in demand for better conditions of service (CoS) has taken effect unabatedly, as the University Teachers Association of Ghana, University of Ghana chapter (UTAG-UG) has expressed solidarity with all sister-unions seeking to embark on strike. Among other issues, it has cited […] The post GAUA
Police have arrested five people after several bodies were found shot dead in a remote area of southern California’s Mojave Desert. Six bodies were found after a gunshot victim called 911, sending a police helicopter to the grisly crime scene. Investigators for the San Bernardino Sherriff’s Office said on Monday that the dispute appears to […] The post Police
According to Zulfiqar Bukhari, spokesman for Khan’s Pakistan Tehreek-e-Insaf party, the court announced the verdict at a prison in the garrison city of Rawalpindi. Khan, who was ousted through a no-confidence vote in Parliament in April 2022, is currently serving a three-year prison sentence in a graft case. The latest development comes ahead of the […] The post Pakistan’s
The Upper East Regional Security Council has temporarily banned the riding of motorbikes in the Binduri district over recent killings. The decision was made during its emergency meeting on Monday, January 22, 2024, following recent records of killings in the Bawku and Binduri districts. In a statement, the Upper East Regional Security Council also reviewed […] The post Upper
The Paramount Chief of Ekumfi Traditional Area, Odeefo Akyin VIII, has urged the feuding parties requesting the autopsy report of the late President John Evans Atta-Mills to come together to find lasting solutions to the impasse. There has been controversy surrounding the whereabouts of an autopsy report on the death of Prof. Mills, popularly called […] The post Jaw-jaw
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
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Yemen’s rebel Houthi movement claims it launched a missile at a US warship in the Gulf of Aden on Sunday evening. Military spokesman Yahya Sarea said in a statement that the Iran-backed group’s naval forces targeted the USS Lewis B Puller, an expeditionary mobile base platform ship deployed in the region to support the US […] The post Yemen’s Houthis say they fired
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