The Speaker of Parliament, Alban Bagbin has said that Ghana needs to protect, preserve, deepen and consolidate an entrenched democratic culture. He said that even though Ghanak serves as an icon to most countries in Africa, more can be done to promote constitutional democracy. “It is not only the parliamentary system and the executive system, we immersed it into […]Continue Reading
Popular Nollywood actress, Ini Edo, has opened up about her experience as a mother. The mother-of-one spoke in an interview with fellow actress, Lilian Afegbai, published on Tuesday. Edo noted that motherhood has taught her that she could actually love someone else more than herself. “The fact that you can actually love somebody else more than yourself,” […]Continue Reading
Oil prices firmed on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai. Brent crude was up US$1.71, or 1.5%, at US$117.31 a barrel by 0817 GMT. U.S. West Texas Intermediate (WTI) crude rose US$1.67, or 1.5%, to US$116.34. Both benchmarks registered […]Continue Reading
West Africa-focused Tullow Oil will acquire Capricorn Energy in an all-stock deal valued at 656.9 million pounds (US $826.7 million), the London-listed energy groups said on Wednesday, as they focus on the reserve-rich African region. Investors in Capricorn, formerly known as Cairn Energy, will receive 3.8068 Tullow shares for each share they hold, and will own 47% […]Continue Reading
South Africa’s Gold Fields Ltd’s is set to become one of the four biggest gold miners in the world after agreeing to acquire Canada-based Yamana Gold in a US$6.7 billion all-share deal, the biggest in the region in years. Shares in the South Africa-listed mining company fell 20%, though, and investors voiced concern about dilution on a call with […]Continue Reading
The telecommunication companies (Telcos) registered an over-300,000 loss of mobile money subscribers in the month of April prior to implementation of the Electronic Transactions Levy (E-Levy), Bank of Ghana (BoG) data have shown. According to the Summary of Economic and Financial data (May 2022), just ahead of implementing the E-Levy in May, active mobile money subscribers Continue Reading
The Ghana Police Service has served notice to organisers of an intended demonstration on 4 June that it will not allow them to carry weapons on the street as part of their plans. According to the police, the group wants to demonstrate for three days with its own private security. Members of the group include broadcasters Captain Smart and […]Continue Reading
A non-governmental organisation and lead implementation partner for the USAID-funded Enhancing Water Sanitation and Hygiene Activity (E-WASH), Global Communities (GC), has provided counselling and sensitization to selected basic schools in the Upper East Region to improve menstrual hygiene management and its associated dangers. According to GC, the challenges of accessing Continue Reading
The US will send Ukraine more advanced rocket systems to help it defend itself, President Biden has announced. The weapons, long requested by Ukraine, are to help it strike enemy forces more precisely from a longer distance. Until now, the US had refused the request out of fear the weapons could be used against targets […]Continue Reading
The Majority in Parliament has reiterated its position that government is not deliberately frustrating the business of the house through the non-release of monies due it. Majority Chief Whip, Frank Annoh-Dompreh insists some funds have been made available to the house for parliamentary work. This follows the outburst of the Speaker of the House, Alban […]Continue Reading