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News

Facebook Owner Meta Touts AI Might As Digital Ads Boost Outlook; Shares Jump

Meta Platforms Inc (META.O) CEO Mark Zuckerberg said on Wednesday that AI was helping the company boost traffic to Facebook and Instagram and earn more in ad sales, as it forecast quarterly revenue well above analyst expectations. Meta shares surged 12% in after hours trading, adding over $50 billion to …

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NAM 1 Menzgold Case Adjourned To June 8

An Accra Circuit Court has adjourned to June 8, the case of Nana Appiah Mensah, aka NAM 1, Chief Executive Officer of Menzgold Ghana Limited, accused of duping customers of their deposits over GH₵1.6 billion. Appearing before the substantive Judge, Mrs Evelyn Asamoah, adjourned the matter after the Police had …

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NCA Deactivates 6.1 Million SIM Cards In Ghana

The National Communications Authority (NCA) has deactivated 6.1 million Subscriber Identity Module (SIM) cards that have not been registered with a Ghana card since the inception of the mass sim registration exercise. The deactivated sims belong to subscribers that had completed only stage one of the registration process. The Director …

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School Feeding Caterers Declare Strike

Caterers under the School Feeding Programme have declared a nationwide strike following government’s inability to pay them their arrears and increase the amount per child. According to the angry caterers drawn from various regions across the country who converged at Kumasi in the Ashanti Region, they have laid down their …

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Prez Akufo-Addo Leaves For South Africa

President Nana Addo Dankwa Akufo-Addo, left the country on Wednesday, 26th April 2023, at the invitation of the Democrat Union of Africa (DUA) Annual Forum in Johannesburg, South Africa. President Akufo-Addo will deliver the keynote address at the Forum, which is scheduled to be held from the 26th to the …

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Most Pastors, Malams And Fetish Priests Consult Me For Directions In Difficult Times – Papa Alhassan

A spiritualist and founder of Hope Herbal and Cupping Therapy Clinic at Akyem Ekoso in the Atiwa West District in the eastern region, Papa Alhassan who claims to have his powers directly from the creator has revealed how his outfit has directly and indirectly provided supported to countless personalities in …

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Nigeria Sends Luxurious Buses To Carry Students Stranded In Crisis-Ridden Sudan

The Federal government has sent out luxurious buses to carry Nigerian students stranded in Sudan to nearby borders in Egypt where they are expected to be flown back home. There have been concerns about their safety since the Sudanese conflict broke out. Abike Dabiri-Erewa who is the Chairman of the …

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Singapore Hangs Man for Trafficking 1kg of Cannabis

Singapore has hanged 46-year-old Tangaraju Suppiah who was found guilty in 2018 of trafficking more than 1kg (2.2 pounds) of cannabis, despite last-minute appeals for clemency from his family and activists.His family said they had been given Tangaraju’s death certificate, anti-death penalty campaigner Kirsten Han wrote on Twitter.A spokesperson for …

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Ghana wins first medals at West Africa Regional Table Tennis Championships

Ghana’s quest to win more medals at the 2023 West Africa Table Tennis Championship got off to a good start on day two following the Men and Women’s teams’ participation in the medal stage on Tuesday. The women’s team recorded a 3-1 victory over Benin to claim the silver medal …

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Ghana’s debt-to-GDP falls by only 1% despite debt restructuring – Fitch

Despite a substantial redemption reprofiling and significantly lowered interest rates, rating agency, Fitch estimates that the present value of Ghana’s public debt-to-Gross Domestic Product (GDP) has been reduced by only one percentage point to slightly above 100% of GDP. This is by using the standard 5% discount rates that applies …

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