Author Archives: larryehu

Tunisian President Kais Saied sacks defence minister and acting justice minister

Tunisian President Kais Saied sacked the defence minister Monday, a day after ousting the prime minister and suspending parliament, plunging the young democracy into constitutional crisis in the midst of a pandemic. Street clashes erupted Monday outside the army-barricaded parliament, after Saied dismissed Prime Minister Hichem Mechichi and ordered parliament closed for 30 days, a move the biggest political party ...

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Akufo-Addo chartered private jet out of necessity – Mensah-Bonsu

The Minister for Parliamentary Affairs Osei Kyei-Mensah-Bonsu says the private jet chartered by President Akufo-Addo which has become controversial was out of necessity and not luxury. MP for North Tongu Samuel Okudzeto Ablakwa who blew the whistle summoned Defense Minister Dominic Nitiwul to answer questions on the matter. Mr Nitiwul explained that the decision was borne out of the security ...

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Total Exports Increase

DESPITE VOLUME declines in gold and crude oil exports, total exports increased by 2.7 per cent to $7.6 billion mainly due to higher prices realised from exports. Total imports also increased by 5.7 per cent to $6.8 billion largely due to a 61.2 per cent jump in the value of refined petroleum products imports. The moderated export receipts relative to ...

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Tanzania’s opposition leader Freeman Mbowe charged with terrorism

A court in Tanzania has charged the leader of the main opposition party with terrorism-related offenses, following his arrest that drew international concern and criticism of the country’s new president. Chadema chairman Freeman Mbowe was detained last week along with 15 other members of the party in a late-night crackdown government critics said bore the hallmarks of the oppressive rule ...

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DR Congo students protest police killing of maskless classmate

Students continue protest at the University of Kinshasa campus in the Democratic Republic of Congo where, police are regularly accused of harassment and of pocketing mask fines they collect. The protest stirred after a police officer shot a student over the weekend for not wearing a mask while filming on the streets of the capital. The schoolmate of the now ...

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‘InvestCorp e-Hub’ launched to enhance client services

InvestCorp Asset Management Limited (InvestCorp), the premier investment banking and asset management firm, has out doored its new electronic services platform dubbed ‘InvestCorp e-Hub’ aimed at enabling clients interact with the company conveniently. Key features of the InvestCorp e-Hub include an upgraded website to keep stakeholders abreast with relevant investment and firm information; a new online self-service portal to allow ...

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Oil firm confirmed request to fund coup in Madagascar

Oil firm Benchmark Group said Monday it had been approached for funds to topple Madagascar’s President Andry Rajoelina, days after the government said it had foiled an assassination plot. Benchmark, a majority shareholder in crude extractor Madagascar Oil, said it had “received an email from the Madagascan-French citizen Paul R. soliciting 10 million euros for political destabilisation purposes”. Local media ...

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GFA president Kurt Okraku meets Ghana Police on match-fixing scandal

The President of the Ghana Football Association Kurt Edwin Simeon-Okraku has met with the Director General of the Criminal Investigations Department (CID) of the Ghana Police Service, COP Isaac Ken Yeboah and other top Police Officials on Monday, July 26, 2021. The meeting was to officially inform the Police about the alleged match-fixing and betting that hit the Ghana Premier ...

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Public Debt Reaches GH¢332.4bn

GHANA’S PUBLIC debt increased to 76.6 per cent of GDP (GH¢332.4 billion) at the end of May 2021, compared with 76.1 per cent of GDP (GH¢291.6 billion) at the end of December 2020. Of the total debt stock, domestic debt was GH¢170.8 billion (39.4 per cent of GDP) while the external debt was GH¢161.5 billion (37.2 per cent of GDP). ...

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