On 30th January 2024, the Court of Chancery of the State of Delaware delivered a 200-page post-trial opinion, in a stockholder derivative action, Tornetta v Musk, invalidating Elon Musk’s $56 billion performance-based equity compensation plan at Tesla, Inc. In immediate reaction, Musk posted on X thus: “Never incorporate your company in Delaware.” He followed it […] The post Elon
Kwame Pianim, a leading member of the governing New Patriotic Party (NPP) and economist, has voiced his disappointment over the recent appointment of Ken Ofori-Atta, the former Finance Minister, as the Senior Presidential Adviser and Special Envoy for International Trade by President Nana Addo Dankwa Akufo-Addo. Fatimatu Abubakar, the Information Minister-designate, defended the reassignment of […] The post Ofori-Atta’s
Information Minister-designate Fatimatu Abubakar has defended the reassignment of former Finance Minister Ken Ofori-Atta to a new portfolio, emphasizing his unquestionable capacity to provide valuable advice in the financial sector. “His capacity to guide or to advise in the financial sector is not lost just because he is no longer Finance Minister. if his skills […] The post Fatimatu
Dr. Richard Anthony, the Medical Director of the Tema General Hospital, has expressed worry at the alarming rate of people being brought to the hospital dead. Dr Anthony said a total of 1,079 people, including 621 males and 458, were brought to the Tema General Hospital dead on arrival in 2023. “We recorded a worrying […] The post 1,079 people were brought
The Member of Parliament for Abuakwa South, Samuel Atta Akyea, has expressed his concerns regarding the timing of the shake-up within the Majority Leadership in Parliament. He believes the changes at this juncture could jeopardize the unity within the caucus in the house. MP for Efutu, Alexander Afenyo-Markin, has been designated as the new Majority […] The post Atta
Samuel Atta Akyea, the Member of Parliament for Abuakwa South has expressed surprise at the resignation of Osei Kyei-Mensah-Bonsu as Majority Leader. Kyei-Mensah-Bonsu, who holds the record for being Ghana’s longest-serving lawmaker, announced his resignation formally during an important meeting at the presidency in Accra on Wednesday. His resignation comes at a time when there […] The post Our
Police personnel are currently stationed at the Osino Presby Senior High and Technical School following a physical confrontation between students and some community members from Nsuapemso in the Fanteakwa South District, which resulted in one death. The incident occurred on Tuesday, February 20, 2024. The personnel who have mounted surveillance are also patrolling the school’s […] The post One
The German economy is in “troubled waters,” according to country’s economy minister. Robert Habeck said the German government’s forecast for economic growth for 2024 had been revised down from 1.3% to 0.2%. This means that Europe’s largest economy has effectively stalled – although it has avoided entering a full-blown recession. Mr Habeck previously called Germany’s […] The post German
In a fast evolving international business climate, the demands on the maritime industry abounds. Expectations on maritime service providers in the maritime industry are not only economic in nature but also social, environmental and political. The likelihood to meet these demands is increased by a commitment to continuous learning and unlearning. This is why maritime […] The post Opportunities
The Strategic Mobilisation Ghana Limited (SML), a revenue assurance company, has sued the Fourth Estate and ace investigative journalist, Manasseh Azure for defamation. SML has dragged the Fourth Estate and Manasseh to court for allegedly publishing falsehood about its dealing with the Ghana Revenue Authority in latter part of the year 2023. In the suit, […] The post SML drags Fourth
Over the weekend, the Ghana Immigration Service organised a fitness walk for its Officers and Staff of the Service drawn from the National Headquarters, Kotoka International Airport, Tema and Central East Regional Commands. The walk, which took place in the early hours of the morning, saw participants gather at the GIS headquarters in Accra before […] The post GIS organizes Health Walk for
Former Finance Minister Seth Terkper has expressed scepticism about President Nana Addo Dankwa Akufo-Addo’s decision to replace Ken Ofori-Atta with Dr. Mohammed Amin Adam as Finance Minister. According to Mr. Terkper, the change comes at a critical time when the country is under an IMF programme, suggesting that it might be too late for Dr. […] The post Amin
The Member of Parliament for Bolgatanga Central, Isaac Adongo, has referred to President Nana Addo Dankwa Akufo-Addo’s removal of Ken Ofori-Atta as Finance Minister as mere ‘window dressing.’ Window dressing is the act or an instance of making something appear deceptively attractive or favourable. It can also mean something used to create a deceptively favourable […] The post Akufo-Addo’s
The newly appointed Finance Minister, Mohammed Amin Adam, has declared his commitment to aggressively pursue revenue mobilization to bolster the country’s finances to meet expenditure targets. Amin Adam, appointed by President Akufo-Addo to succeed Ken Ofori-Atta on Wednesday, February 14, outlined his strategy during an interview on the Citi Breakfast Show on Thursday. Expressing his […] The post I’ll
Ken Ofori-Atta, the former Minister for Finance, will soon be named Senior Presidential Advisor on the Economy, The Chronicle has learned. He is also to be named as the President’s Special Envoy on International Investment and Capital Markets, deep-throat sources have told The Chronicle. The Minister for Finance is not the only person to be […] The post Ofori-Atta to be appointed
The Parliamentary Candidate for the Abuakwa South Constituency, Dr. Kingsley Agyemang, has urged students to draw inspiration from the life of the late Joseph Boakye Danquah. He also urged the students to carry the profound lessons from Danquah’s life and turn them into actions that propel Ghana forward with resilience, unity and steadfast commitment to […] The post Draw inspiration
Citi News has gathered that barring any last-minute decision, President Nana Addo Dankwa Akufo-Addo may announce a major shake-up in his government today, Wednesday, February 14th, 2024. This will mark Akufo-Addo’s major ministerial reshuffle since assuming office in January 2017. With barely ten months to the 2024 polls, the President is expected to announce significant […] The post Akufo-Addo
Information reaching DAILY GUIDE indicates that President Akufo-Addo has made changes to his government with some prominent ministers losing their positions to new entrants while others have been moved Read More... The post Ministerial
Archibold Cobbina THE MALLAM ATTA Market, located in the Ayawaso Central Municipality in Accra, will be redeveloped into a modern market complex and a shopping mall, Municipal Chief Executive Read More... The post Mallam Atta Market To Become Modern Market
The Narcotics Control Commission (NACOC) on Monday 29th January, 2024 intercepted several capsules and tablets of tramadol at the Tema Port. A statement issued by the Commission yesterday said a total of One million and Thirty-Five Thousand (1,035,000) tablets and capsules of tramadol, with a net weight of Four Thousand Seven Hundred and Thirty-Four, and […] The post NACOC seizes varieties of tramadol
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