Facebook has changed its corporate name to Meta as part of a major rebrand. The company said it would better “encompass” what it does, as it broadens its reach beyond social media into areas like virtual reality. The change does not apply to its individual platforms, such as Facebook, Instagram and Whatsapp, only the parent […]
President Akufo-Addo has promised the people of the Central Region that government would operationalise the Komenda Sugar Factory in the first quarter of 2022. The $35 million factory, built from an Indian Exim Bank facility, has not worked since its commissioning in 2016. The factory was revamped to revive the local production of sugar, thereby […]
In its quest to strengthen its foothold in the country’s oil and gas industry, the Ghana National Petroleum Corporation (GNPC) has acquired commercial interests in the Jubilee and the TEN fields. The national oil company now has seven per cent commercial interest in both the Jubilee and the TEN fields, having taken over part of […]
South African food and beverage manufacturer Pioneer Foods has recalled its Ceres apple juice brands that sells in Ghana and other common markets in African countries due to contamination of mould toxins. The recalled brands were detected to have elevated levels of patulin – a fruit-based mould which when consumed can cause nausea, gastrointestinal disturbances, […]
The government has signed an agreement with Spain to facilitate the training of more than 120,000 people in the tourism sector. As part of the agreement, the Spanish government, through Incyde Foundation, the umbrella body of Chambers of Commerce in Spain, will build a hi-tech smart tourist incubator hub to support the development of tourism […]
Whistleblower Frances Haugen, 37, a former product manager on Facebook’s civic integrity team, testified at an internet safety hearing on Capitol Hill on Tuesday and said “they [Facebook] have put their immense profits before people.” She told senators at a Washington hearing that Facebook’s leaders know how to make their products safer but won’t, she […]
Investor confidence in Facebook weakened a bit on Monday amid continued political pressure and a rare lengthy outage of the company’s apps, sendings shares down 4.8% and zapping away billions from CEO Mark Zuckerberg’s fortune. Zuckerberg’s fortune declined by $5.9 billion to a mere $117 billion in total. (He’s now the world’s sixth richest person.) Top […]
The Registrar-General’s Department will this month begin the delisting of dormant organisations from the Companies Register. “This will be the first batch of companies to be delisted this month out of the over 100,000 companies registered since 2011,” the statement added. The delisting will affect companies which fail to comply with the Department’s directive to […]
The Kumasi Airport is expected to be ready as an international facility is in October next year when ongoing expansion works are completed. Currently, the phases two and three of the works — which include a newly-built terminal and a control tower — is 77 per cent complete, according to the Chief Executive Officer (CEO) […]
AngloGold Ashanti Limited has announced that underground operations at its Obuasi gold mine in Ghana are expected to resume in mid-October. The mining company had suspended underground activities at Obuasi in May following an accident. AngloGold in a news release issued on Thursday said for the remainder of this year, underground ore will be used […]
The country is set to inject about US$300 million from its share of the specially created free funds from the International Monetary Fund (IMF) into the 2022 budget. The amount is a third of the US$1 billion interest-free and condition-free money that the country received from the IMF for being a member of the Bretton […]
The Vice-President of the United States of America (USA), Ms Kamala Harris, has described Ghana as conducive for doing business in Africa. She said not only had the Ghanaian government created an enabling environment; it had also built confidence by upholding the rule of law and respect for human rights, ingredients for growth. Ms Harris, […]
