This week, TULLOW Oil (aka TULLOW) shocked the oil world when both its CEO and Exploration Director, who were also board executives, “resigned” with immediate effect. Tullow also suspended dividend payments. TULLOW, once a £14bn company saw its Net Asset Value (NAV) drop to a little over £560m. When TULLOW Oil Plc issued its initial public offering (IPO) less than ...
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Osafo Maafo, 4 others head to court over Kroll and Associates US$1 million cash
The Senior Minister, Mr Yaw Osafo Maafo and four other officials from the Ministry of Finance have initiated a court action against the Auditor General, Mr Daniel Yaw Domelevo to clear their names in relation to what is said to be breaches of the Public Procurement Act (PPA) that resulted in their payment of US$1 million to a private firm, ...
Read More »‘Hidden’ mountains in Ghana you need to know about
It is widely perceived that mountains provide most of the world’s freshwater, harbour a rich variety of plants and animals, and are home to one in ten people globally which makes its presence on earth very vital to the survival of mankind. As such, GhanaWeb takes a look at some mountains that Ghanaians barely have heard about in the country, ...
Read More »‘Wo ye gyimifuor papapaa’ – Nikki Samonas descends into gutter with a tweep
Actress Nikki Samonas has descended heavily on a twitter troll, who sort to tease her over a post she made earlier today, December 11, 2019. It will be recalled that Nikki Samonas, together with a number of Ghanaian celebrities were ‘snubbed’ by American Rapper Cardi B, over a meet and greet session, when the rapper came to Ghana to perform ...
Read More »IMANI scores gov’t 48.78% in delivery so far
Policy think tank IMANI Africa has scored the Akufo-Addo government 48.78% in the delivery of its campaign promises so far. They also scored the government 54.35% for its handling of the economy. The manifesto assessments by IMANI which was outdoored Wednesday said government has only implemented 41 out of the 162 promises it made in the party’s 2016 manifesto. The ...
Read More »I’ll look stupid if I diss Shatta Wale – Prince Bright
Musician Prince Bright has refuted claims ‘Oofeetso’ is a diss song targeted at dancehall artiste Shatta Wale. The song by Sarkodie which features Prince Bright of Buk Bak fame has lyrics some fans argue are direct responses to certain statements Shatta Wale made in times past. But speaking to TV3’s MzGee, Prince explained that the song was birthed following comments ...
Read More »Cedi depreciation, high import duty cause of cement hike – Manufacturers
Cement manufacturers in the country have attributed the recent increase in cement prices to the depreciation of the cedi to the dollar, high port taxes and duties amongs others. Major cement manufacturers in the country have announced a 5% increment which takes effect today, warning that prices could increase further if the situation remained the same. Explaining the rationales behind ...
Read More »Gov’t still owes us – 2018 limited recruitment teachers
The 2018 limited recruitment teachers have refuted claims by the Education Minister Matthew Opoku Prempeh that government does not owe them any salary or allowance arrears. According to them, the Minister, during the 70th anniversary commemorative event of Prempeh College emphasized that government does not owe any teacher salary arrears or allowance since 2017 to date, as reported by online portal ...
Read More »Strong NPP supporters confide in me that Akufo-Addo’s govt ‘Enko yie’ – Kofi Capito
Chief Executive Officer of the Consumer Protection Agency of Ghana, Mr Kofi Capito has said things are not going well in Ghana for everyone, including members of the ruling New Patriotic Party (NPP). Speaking on Citi TV monitored by MyNewsGH.com, the Consumer protection chief said he’s had key members of the ruling NPP admit to him that all is not ...
Read More »Borrow from kindergarten capitation grant for exams – GES to school heads
The Ghana Education Service (GES) has instructed heads of public Junior High Schools in the country who do not have enough funds to organise their end of term examination to borrow from the Capitation grant meant for kindergarten or primary schools. The notice to school heads sighted by Starr News also added that the borrowed amounts should be repaid if ...
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