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 Integrated Aluminium Development Corporation (GIADEC) has reached a partnership deal with Mytilineos Energy and Metals toward building an alumina refinery in the country. The agreement pertains to Project 3A, one of four projects under the Integrated Aluminium Industry (IAI) projects at Nyinahin-Mpasaaso in the Ashanti Region. Under terms of the agreement, Mytilineos – a Greek company – will spearhead the development of a […] 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
With over 60% of Ghana’s population living in rural areas, developing rural education to propel national development should be a reason d’ȇtre. Ghana’s rural development requires critical attention. The usual pittance thrown to rural dwellers particularly during electioneering periods are cardinal sins that political parties must desist from and rather pursue lasting solutions to the […] The post
In an age dominated by digital interactions and the incessant flow of information, the significance of safeguarding personal and organizational data has never been more pronounced. Recognizing the importance of data protection, Data Protection Day, observed annually on January 28th, serves as a poignant reminder of the collective responsibility to uphold privacy standards. In this […] The post
The Ekumfi Traditional Council has expressed disappointment in President Nana Addo Dankwa Akufo-Addo over comments he made, indicating that he intentionally sidelined Ekumfi residents from benefiting from the national cake because they voted against the New Patriotic Party’s Parliamentary candidate Kingsley Ato Cudjoe in the 2020 elections. The Traditional Authority is also demanding scientific data […] The post Ekumfi
The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG
The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
The Agricultural Development Bank (ADB), alongside five other Banks, has secured a court order to prevent any sale or transfer of assets of PBC Limited including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment attained by the six banks against PBC Limited. The other five banks involved […] The post ADB,
Fortnite will be making a return to iOS in Europe, Epic Games announced on January 25. The development occurred as Apple is now forced to open iOS to sideloaded apps and third-party app stores to comply with the Digital Markets Act (DMA) and is chasing a deadline of March 7. Reportedly, Apple is already working on making changes to its … The post Fortnite
Google has announced new generative artificial intelligence (AI) features for its Google Chrome browser. These features will be available on Chrome for Mac and Windows computers, and the company has begun adding them with the current Chrome release (M121). Currently, two new AI features have been added to the browser, with a third one planned … The post Google
Ahead of India’s 75th Republic Day, Indian crypto exchange CoinDCX has announced a grant programme for Indian Web3 developers in partnership with the Solana Foundation. The grant, worth Rs. 25 crore, aims to help bootstrapped Indian Web3 developers designing products on the Solana blockchain. In an official announcement shared on Thursday, January 25, CoinDCX said … The post Solana
The Ghana Railway Development Authority has disclosed that only two contemporary diesel-powered trains have been procured from Poland to boost the railway transport system, contrary to media reports that 12 trains have been secured. There were reports that the state has procured 12 trains for the Ghana Railways Company, expected to operate both regional and […] The post We’ve
The Ghana Tertiary Education Commission (GTEC) is warning students to refrain from pursuing unaccredited programs at various universities in Ghana or risk being denied employment in government institutions. Additionally, the commission states that students who study such programs will not be allowed to undergo their national service. Speaking to journalists in Kumasi after engaging Vice […] The post Stop
The Ashanti regional chapter of the opposition National Democratic Congress (NDC) has strongly criticized the government, accusing it of neglecting the Ashanti region and sidelining it in terms of development. The party specifically points fingers at President Nana Addo Dankwa Akufo-Addo for what they perceive as a deliberate lack of attention and resources directed toward […] The post Akufo-Addo
Europe faces a challenging year ahead. The confluence of several disruptive factors – geopolitical conflict, rising inflation, economic uncertainty, increased regulatory pressure and, last but by no means least, the impact of new technologies – will undoubtedly test leaders to the limit in the coming year. Speaking with business leaders across the region, several common […] The post
‘Think before you click’ is a fundamental cyber-security principle that emphasises the importance of careful consideration before interacting with links, attachments or other elements in emails, messages or websites. This phrase serves as a reminder to individuals to be cautious and discerning in their online activities to avoid falling victim to phishing attacks and […] The post Think
President of IMANI Africa, Franklin Cudjoe, is seeking further clarification on the government’s recent decision to procure new trains for Ghana. This inquiry comes in the wake of government’s announcement of purchasing 12 modern diesel-powered trains scheduled to arrive in mid-February, to enhance the country’s railway transportation system. The intended deployment of these trains is […] The post Franklin
Generative artificial intelligence stretches current copyright law in unforeseen and uncomfortable ways. The US Copyright Office recently issued guidance stating that the output of image-generating AI isn’t copyrightable unless human creativity went into the prompts that generated it. But that leaves many questions: How much creativity is needed, and is it the same kind of […] The post AI’s
WARSAW, Jan 22 (Reuters) – Polish video game maker CD Projekt (CDR.WA), opens new tab aims to start the production phase of the next game in its blockbuster “Witcher” series this year, the company’s new joint CEO Adam Badowski told Reuters. “We’d like to have around 400 people working on the project by the middle of the … The post CD
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