Zoom shares drop 6% as Facebook rolls out free video calls for up to 50 people

Zoom shares closed 6% lower Friday after Facebook announced it was rolling out new video chatting features.  Some investors particularly view Facebook’s new Messenger Room, which allows users to host video calls of up to 50 people, as a threat to Zoom. Zoom has been on a tear since stay-at-home mandates were implemented to slow the Covid-19 pandemic. Zoom CEO […]

Emirates becomes first airline to conduct on-site rapid Covid-19 tests for passengers

Emirates in coordination with Dubai Health Authority (DHA) will be introducing additional precautions. Passengers on today’s flight to Tunisia were all tested for COVID-19 before departing from Dubai. Emirates is the first airline to conduct on-site rapid COVID-19 tests for passengers. The quick blood test was conducted by the Dubai Health Authority (DHA) and results […]

NLA officially takes over *959# Short Code

The National Lottery Authority has officially taken over the *959# Short Code specifically for the operations of its flagship product, the Original 5/90 lotto. The *959# was previously managed by Keed Ghana Limited, one of the collaborators of the Authority responsible for the operations of LUCKY 3. A statement announcing the official takeover and sighted […]

COVID-19: Government’s 50% absorption of electricity bills to cost GHC1 billion

The government’s free electricity intervention as part of measures to minimize the economic and social impacts of the coronavirus pandemic is estimated to cost the nation GHC1 billion for the three months. This was revealed by the Minister for Energy, John Peter Amewu during the Ministry of Information’s routine Press Conferences on COVID-19 on Thursday, […]

COVID-19: IMF Executive Board approves immediate debt relief for 25 Countries

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) issued the following statement: “Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF’s member countries under the IMF’s revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund’s response to help […]

COVID-19: Diamond Cement donates 100k cash and 150k worth of cement to National Trust Fund

Cement manufacturing Company, Diamond Cement Group has presented a cash cheque of GH₵100,000 to the Covid-19 National Trust Fund to support government’s effort in curbing the spread of coronavirus. In addition the Group earlier donated a total of 250 tonnes of cement worth GH₵150,000 towards the rehabilitation of isolation centres across the country. The donation […]