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Monthly Archives: November 2017

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Kenyatta Sworn In For New Term

Uhuru Kenyatta has been sworn in for a second term as president of Kenya at a ceremony in the capital, Nairobi, boycotted by the opposition. Delighted supporters packed the stadium but riot police drove back others as they tried to get in without seats. In another part of the city, …

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Lancaster University Cuts Sod For New Ghana Campus

Transnational Academic Group led by Co-founder, Mr Rakesh Wahi, and Lancaster University Ghana cut the sod to commence construction of the new Lancaster University Ghana campus at Lakeside Estate. Transnational Academic Group (TAG) is owned and operated by a group that focuses on building value across three major business verticals …

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Jon Benjamin mocks John Dumelo on twitter over stolen V8

Former British High Commissioner to Ghana, Jon Benjamin took to Twitter to troll Ghanaian actor John Dumelo over claims he stole a V8 cross-country vehicle belonging to the state. Mr Dumelo had earlier tweeted “I woke up at the dead sea, had lunch in Turkey and now landing in London. …

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Brazil legend Ze Roberto retires aged 43

Former Brazil back Ze Roberto will play his last competitive football match on Monday and retire at the age of 43. He made the announcement on Saturday. On Monday in Sao Paulo, his Palmeiras side play Botafogo in the penultimate round of the Brazilian championship. Ze Roberto won two Copa …

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Economist lauds policy rate reduction

Economist, Dr. Eric Osei Assibey has described the move by the Bank of Ghana (BoG) to reduce the policy rate by 100 bases point from 21 percent to 20 percent as a positive development. The Central Bank on Monday (27th November, 2017) reduced the policy rate from 21 percent to 20 …

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Oil companies won’t pay tax as they recoup $11.9bn

Oil exploration and production (E&P) companies will not pay the government any corporate income taxes (CIT) in 2018 after getting approval to recoup the about US$11.9 billion that was invested in the Tweneboa, Enyenra and Ntomme (TEN) and the Sankofa Gye Nyame fields. Out of the amount, $4.9 billion belongs …

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Impeachment: Five-member c’ttee coming for EC mess

The Chief Justice, Sophia A.B. Akuffo is empanelling a committee to look into the alleged abuse of power and corruption scandal that has rocked the Electoral Commission (EC), the Daily Guide reports. There appears to be sufficient grounds for impeachment\ of the EC officers involved, who are at loggerheads, thereby jeopardizing …

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Gov’t hopes to pay ¢10 bn energy debt by first quarter of 2018

Government has targeted to clear the 10 billion cedis energy sector debt by the first quarter of 2018. Success on the part of government will help resolve the liquidity challenges facing some of the banks and further stimulate investment into the sector. President Akufo Addo who announced this said the …

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We won’t legalise homosexuality – Gov’t clarifies position

The government says it has no intention to legalise same-sex relationship, hours after it came under pressure to make public its position on the matter. Information Minister, Mustapha Hamid told Joy News Monday homosexuality continues to be unacceptable because there is no “cultural orientation” that supports it in Ghana. Although …

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