Kampala – He’s ruled Uganda for 31 years. With five presidential terms in office, Yoweri Museveni is surrounded by controversies related to freedom of speech, human rights, allegations of nepotism, and even the killing of Ugandan citizens. But President Museveni claims Uganda is one of the most democratic countries in the world and that he is leading his people out ...
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Business is booming – Shatta Mitchy responds to claims about pub closure
Although there is pictorial evidence to show that the Accra Metropolitan Assembly has closed down Diamond Pub, the queen of Shatta Movement empire, Shatta Mitchy insist business is booming. In a post on Facebook, the queen noted that people never want to see the positives of her pub but their opinions do not matter because her pub is raking the ...
Read More »HFC Bank Records Losses
HFC Bank Ghana Limited and its subsidiaries recorded a widening loss-after-tax and non-controlling interest of GH¢47.73 million for the 2016 financial year. HFC Bank Ghana Limited and its subsidiaries also recorded an 18 percent rise in assets from GH¢1.6 billion to GH¢1.89 billion. Deposits also increased by 31 percent, outperforming the industry average of 25 percent. The loss position was ...
Read More »Nigerian jollof is simply rice mixed with oil with no salt – Actor John Dumelo
Actor John Dumelo has taken a swing at Nigerian jollof early this Saturday morning on twitter. The perennial battle between the two nations over who has the best jollof never seems to have an end. O ut of the blue earlier today, Dumelo sent out a tweet attacking Nigerian jollof. According to him, Nigerian ‘jollof’ is nothing but rice mixed ...
Read More »Outspoken Nigerian emir facing graft probe
Kano – One of Nigeria’s most prominent Muslim leaders is under investigation on suspicion of embezzlement, fuelling rumours that some want him removed after he made a series of comments about the need for social reforms. Anti-corruption investigators are looking into the accounts of the Emir of Kano, Muhammadu Sanusi II, following allegations of gross mismanagement of royal finances. “We ...
Read More »France election: Macron says EU must reform or face ‘Frexit’
The front-runner in the French presidential election has told the BBC that the EU must reform or face the prospect of “Frexit”. Pro-EU centrist Emmanuel Macron made the comments as he and his far-right rival Marine Le Pen held rallies in the last week of campaigning. French voters go to the polls on Sunday to decide between the two. At ...
Read More »38 business leaders honored, Nii Kotei Dzani picks top award
The Founder and President of Groupe Ideal, Nii Kotei Dzani has been named as the Best Entrepreneur for 2016. It follows his contribution to Ghana’s economy through his business venture comprising thirteen subsidiaries. Mr. Kotei Dzani was among thirty eight business managers honored at this year’s edition of the Ghana Entrepreneur and Corporate Executive Awards. This year’s awards saw thirty-eight ...
Read More »Ghana Loses GH¢850m To Illegal Fuel Importers
The National Petroleum Authority (NPA) has disclosed that Ghana loses about GH¢850 million annually in taxes due to the increased activities of fuel smugglers in the country. The illegal act is said to involve operators at the ports who fuel tanks with products brought into the country via unapproved routes. Businesses that apply under the pretext of exporting petroleum products, ...
Read More »Muntari’s action the right thing – Jon Benjamin
The British High Commissioner to Ghana, Jon Benjamin, has backed Sulley Muntari’s decision to walk off the pitch after he was racially abused in a Serie A game on Sunday by Cagliari fans. The former Black Stars midfielder, whose side Pescara lost the game by a goal to nil, reported the abuse to the referee but was rather booked by ...
Read More »Akufo-Addo’s economic transformation on track – NPP
The ruling New Patriotic Party (NPP) is optimistic workers in both the formal and informal sectors will begin to reap the dividends of the Akufo-Addo government as the local currency grows “in strength.” In a statement to mark Workers’ Day on May 1, the NPP said the “economy is stabilizing” as a result of tax cuts and the implementation of ...
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