Uganda’s President Yoweri Museveni on Thursday appointed his son as top commander of the military, a controversial move in a country where many have long believed Museveni is grooming his eldest child for the presidency. Museveni’s son, Gen. Muhoozi Kainerugaba, has recently been holding rallies around the country, in violation of a law barring serving […] The post Ugandan
By Kizito CUDJOE, Abidjan – Côte d’Ivoire A policy analyst and advocacy officer in sovereign debt management, Shem Joshua Otieno, has raised concerns about Africa’s financial challenges amid a persistently austere global economic landscape. He lamented that as of 2024, the continent finds itself entangled in a web of debt, with a staggering total of […] The post Africa’s
The value of the economy in 2023 stood at GHS841.6bn relative to GH¢ 614.3bn representing a GH¢227bn increase from the previous year. This was driven by the dominance of the services sector which contributed GH¢357.34 billion or 45.6% of Gross Domestic Product (GDP), followed by industry with GH¢247.941 billion (31.7% of GDP), and agriculture at […] The post Value
Large areas of Ukraine are suffering blackouts after Russian missiles targeted energy infrastructure. Fifteen blasts were reported in the second-largest city, Kharkiv, said the mayor, while more than 53,000 households in Odesa were without power. Ukraine’s energy minister, German Galushchenko, accused Russia of trying to provoke “a large-scale failure of the country’s energy system”. A […] The post Blackouts
The United States Agency for International Development’s (USAID) West Africa Biodiversity and Low Emissions Development (WABiLED) program today Friday March 22 concluded a comprehensive three-day training workshop aimed at engaging private transport and finance sector stakeholders in combating wildlife crime. The training workshop brought together over 40 participants including representatives from key financial institutions and […] The post USAID
To understand how much the US government’s new lawsuit strikes at the heart of the identity Apple has forged for itself, let’s first consider the firm’s fanbase. Apple has a unique position as a tech brand. I’ve sat through a lot of Apple events in my time, both virtually and in person, and one thing […] The post Apple becomes the latest tech giant under
The United States Agency for International Development’s (USAID) West Africa Biodiversity and Low Emissions Development (WABiLED) program today Friday March 22 concluded a comprehensive three-day training workshop aimed at engaging private transport and finance sector stakeholders in combating wildlife crime. The training workshop brought together over 40 participants including representatives from key financial institutions and […] The post USAID
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
For two weeks, Tsholofelo Moloi has been among thousands of South Africans lining up for water as the country’s largest city, Johannesburg, confronts an unprecedented collapse of its water system affecting millions of people. Residents rich and poor have never seen a shortage of this severity. While hot weather has shrunk reservoirs, crumbling infrastructure after […] The post South
Stephen Asamoah Boateng presenting certificate to one of the winners The Ghana Culture Forum (GCF) has commended GCB Bank PLC’s support towards the 2024 Ghana Culture Week. Chairpersonof the Read More... The post Ghana Culture Forum Lauds GCB Bank appeared first on
Civilians caught up in Sudan’s civil war have given graphic accounts to the BBC of rape, ethnic violence and street executions. Our journalists have managed to make it to the front line of the fighting close to the capital, Khartoum. Top UN officials have said the conflict has plunged the country into “one of the […] The post Famine looms in
The Gambia has taken steps towards lifting a ban on female circumcision, a move that could make it the first country in the world to reverse legal protections against the practice for millions of women and girls. Politicians in the West African nation’s parliament voted 42 to four on Monday to advance the controversial bill, […] The post The Gambia votes
Government Statistician, Professor Samuel Kobina Annim has said that Ghana’s economy grew by 2.9% in 2023, from the 3.8% recorded in 2022. The Services sector contracted by -1.2%, he added. Commenting on this development, an economist Dr Theo Acheampong asked on his X platform whether this is a further sign of relative macro-stabilisation. “Further signs […] The post Ghana’s
Latest data from the Ghana Statistical Service indicates that the cumulative growth of the economy stood at 2.9 percent in 2023. This is a 0.9 percentage points drop from the 3.8 percent recorded in 2022 but higher than the government’s revised target of 1.5 percent for the period under review. The fourth quarter also expanded […] The post Ghana’s economy expanded by 2.9% in 2023
By Korsi DZOKOTO In the realm of economic management, Ghana stands as a stark example of the profound impacts of mismanagement and corruption on a nation’s fiscal health. The story of Ghana’s economic trajectory is one of promise overshadowed by poor governance, inflated project costs, and unchecked borrowing. As we delve into the intricate web […] The post Counting the cost
The International Advertising Association (IAA) recently held the 45th edition of its World Congress from March 6-8, 2024 in Penang, Malaysia. The 45th IAA World Congress brought together a diverse and impressive group of delegates and garnered 1036 delegates registrations from 35 countries. This prestigious group of delegates included industry titans, thought leaders and innovators […] The post Advertising
India will prosecute 35 Somali pirates arrested during an operation to free a hijacked vessel off Somalia on Saturday, a navy official said. The men are due to arrive in India on Saturday where they will be handed over to law enforcement. India was previously only concentrating on freeing hijacked vessels and abandoning the disarmed […] The post India to prosecute Somali
“Port-au-Prince is in panic mode,” a friend in the Haitian capital texted me. Residents of Petionville, a wealthier area of of the city, are shaken after their most violent day so far in the country’s spiralling security crisis. More than a dozen bullet-ridden bodies lay in the street – the victims of the latest gang […] The post Haiti
Illegal profits from forced labour worldwide have risen to the “obscene” amount of $236 billion per year, the U.N. labour agency reported Tuesday, with sexual exploitation to blame for three-fourths of the take from a business that deprives migrants of money they can send home, swipes jobs from legal workers, and allows the criminals behind […] The post Criminals
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