Nguyen Dang Quang, chairman of retail giant Masan Group, has been removed from Forbes’ billionaire list just two weeks after re-entering. He disappeared from the list on Monday, having been on it since Jan. 3, when Forbes valued his net worth at $1 billion. He made a comeback to the list this month following his removal […]
Chief of Army Staff, Major General Thomas Oppong-Peprah has refuted rumours claiming that he has declined an appointment as the Chief of Defence Staff (CDS). According to the highly-ranked army officer, although the rumours were untrue, they had exposed him to unnecessary attacks. Speaking to JoyNews, he said “The name Oppong-Preprah is stirring stomachs and heads […]
The Policy Lead for Petroleum and Conventional Energy at the Africa Centre for Energy Policy (ACEP), Kodzo Yaotse, has joined calls for the Value Added Tax (VAT) on electricity to be scrapped. The government in its instruction to the Ghana Revenue Authority (GRA) tasked it to collaborate with the Electricity Company of Ghana (ECG) and […]
Economist and former Board Chair of the Ghana Revenue Authority (GRA), Prof. Stephen Adei, is kicking against the newly introduced VAT on domestic electricity consumption. He insists it will worsen the plight of consumers and make businesses uncompetitive. His comments come on the back of a government directive to the GRA to liaise with the […]
The Electricity Company of Ghana (ECG) lost GH¢2.4 million for unserved energy as a result of the disastrous floods which hit Tongu and other parts of the Volta Region last year. The floods prompted the shutting down of the Sogakope power substation of the company. Further, the power network of the region had to be […]
There is no planned or scheduled power outages in Ghana, the Deputy Minister of Energy, Andrew Kofi Egyapa Mercer has said. He has confirmed that the challenges experienced with power outages in Ghana in the last few days was due to a payment/financial challenge on the part of Ghana with the West Africa Gas Pipeline Company […]
The Cuban government has announced a five-fold increase in fuel prices as it struggles with shortages and a deepening economic crisis. It said that from February the price of a litre of petrol would rise from from 25 pesos ($0.20; £0.16) to 132 pesos. The government, which subsidises many goods, hopes this will help to […]
After ten gruelling days whipping up delicious meals for patrons, Chef Abdul-Razak Failatu has potentially cooked her way into the Guinness World Record books for the longest culinary marathon. With a staggering 227 hours under her belt, she has comfortably surpassed the current record held by Irish Chef Alan Fisher (119 hours and 57 minutes), […]
The Forestry Commission has called for the immediate redeployment of the military to help halt illegal mining and other destructive activities in forest reserves across the country. The commission said the withdrawal of the military from the fight against galamsey in forest reserves since 2022 had emboldened illegal miners to wreak havoc on forest reserves […]
The High Court in Accra has adjourned to February 1, 2024 the case in which former Sanitation Minister, Cecilia Abena Dapaah, and her husband, Daniel Osei Kuffuor, filed an interlocutory injunction against the Office of the Special Prosecutor (OSP) for seizing and freezing their accounts and assets. Ms Dapaah, who is fighting the OSP against […]
Police in the Ashanti Region are probing the heartbreaking demise of three siblings suspected to have succumbed to an insecticide used to combat bedbugs in the room where they slept. The incident unfolded on December 28, 2023, in Asawase in Kumasi, leading to the death of 15-year-old Judith Ekua Frans and her siblings, 11-year-old Christian […]
The wife of Bill Ackman, the hedge fund billionaire who accused Claudine Gay of being a plagiarist and led calls for her resignation as Harvard president, is now facing allegations of plagiarism herself. Neri Oxman, a prominent former professor at the Massachusetts Institute of Technology, has apologized after Business Insider identified multiple instances in which […]
