Author Archives: larryehu

Court adjourns to June 1 case between Asanko Mines & laid-off workers

Court adjourns to June 1 case bThe legal battle between Canadian-based Galiano Gold’s Asanko Gold Ghana Limited and the Ghana Mine Workers Union (GMWU) over what the plaintiff describes as the Mines’ decision to lay off some 299 permanent staff without payment of appropriate compensation due all affected employees has been adjourned. The Amasaman High Court in the Greater Accra ...

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High risk of getting things wrong in Africa could be pushing multinational banks away – Andani

Former Chief Executive Officer (CEO) of Stanbic Bank Ghana Limited, Alhassan Andani has stated that foreign banks may have various reasons for packing from the African continent. First, he explained that technology and the ability to access client base could be a major factor for the banks’ decision to exit the continent. The other factor is aggregate risk, he said. ...

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Accra police investigate tigers in residential home

The Accra Regional Command of the Ghana Police Service says it is investigating the circumstances that led to a resident in a gated community in Osu keeping two tigers in his home. The Command confirmed receiving a complaint about the issue. “Preliminary investigations have established that a resident in a gated community at Osu is keeping two tigers under lock ...

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‘Ghana Job Is An Honour’

Borussia Dortmund Assistant Coach, Otto Addo, says guiding Ghana to the 2022 World Cup in Qatar is a big “honour” for him. The 46-year-old pulled the chestnut out of the blazing fire to qualify the West Africans to their fourth global showpiece after a remarkable success over regional rivals Nigeria. The former Ghana midfielder turned the screws on the Super ...

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Klopp Likens Reserves To Ferraris

Jurgen Klopp described Liverpool’s fringe players as similar to “having Ferraris in the garage” after the Reds took the Premier League title race to the final day with a 2-1 win at Southampton. Nathan Redmond gave the hosts a 13th-minute lead before Takumi Minamino and Joel Matip struck to move Liverpool within one point of leaders Manchester City, despite making ...

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Producer Price Inflation for April is 31.2%

The Producer Price Inflation rate for April 2022 was 31.2 per cent the Ghana Statistical Service (GSS) has said. This rate indicates that between April 2021 and April 2022 (year-on-year), the PPI increased by 31.2 per cent. This rate represents a 1.9 percentage point increase in producer inflation relative to the rate recorded in March 2022 (29.3%). The month-on-month change ...

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EU pledges €300bn to end Russian gas reliance

The EU says it plans to spend up to €300bn to end its reliance on Russian gas and oil imports by 2027. The bloc, which gets 40% of its gas from Russia, will source energy supplies from other countries and boost renewables. A Russian soldier accused of shooting dead a civilian has pleaded guilty in Ukraine’s first war crimes trial. ...

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