U.S. Court Slashes Anas’ $18 Million Defamation Award Against Kennedy Agyapong to $500

A U.S. court has dramatically reduced the $18 million defamation judgment previously awarded to Ghanaian investigative journalist Anas Aremeyaw Anas against former Member of Parliament Kennedy Agyapong. The new award stands at just $500. The original ruling by the Superior Court of New Jersey found both Kennedy Agyapong and social media commentator Frederick Asamoah liable…

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Mahama Calls for Expansion of Green and Blue Bonds Across Africa

President John Dramani Mahama has called for a significant expansion of green and blue bond initiatives across Africa to support the financing of environmental protection, clean energy, and sustainable agriculture. Speaking at the opening of the African Union Conference on Debt in Lomé, Togo, Mahama noted that Ghana is actively exploring these innovative financing instruments….

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Finance Minister Credits Cedi Stability to Strategic Economic Measures

Ghana’s Finance Minister, Cassiel Ato Forson, has credited the recent strengthening of the cedi to deliberate and sustained economic planning, dismissing suggestions that the improvement is a short-term market response. Speaking during a meeting with the Food and Beverage Association of Ghana, Forson emphasized that the cedi’s recent appreciation reflects long-term fiscal strategies rather than…

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Thousands of African Youth Leaders Convene in Uganda to Explore the Continent’s Nuclear Energy Potential

KAMPALA, UGANDA – Over 10,000 young leaders from across Africa gathered in Kampala and Jinja for the International Youth Festival 2024, a two-day event focused on addressing some of the continent’s most pressing challenges, including the exploration of Africa’s nuclear energy potential. The festival, themed “Empowering Global Youth,” brought together participants from diverse fields such…

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T-bills Auction: Government Sees Marginal Oversubscription Amid Rising Interest Rates

The Ghanaian government recorded a marginal oversubscription in its latest treasury bills (T-bills) auction, but this came at the cost of rising interest rates across the board. According to auction results released by the Bank of Ghana, the government raised GH¢4.195 billion from the sale of short-term debt instruments, exceeding its target of GH¢4.035 billion….

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Guinness Ghana Breweries Declares GH¢0.022 Dividend Per Share for Shareholders

Guinness Ghana Breweries PLC (GGBL) has declared a final dividend of GH¢0.022 per share for its shareholders for the financial year ending June 30, 2024. This announcement is subject to approval at the company’s upcoming Annual General Meeting (AGM). According to the company, shareholders who are listed in the books of GGBL by the close…

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Deloitte Ghana to Host Training on AI-Powered Data Analytics

Deloitte Ghana is set to hold a specialized training programme on AI-powered data analytics, aimed at equipping professionals with cutting-edge skills in today’s rapidly evolving digital landscape. The event is scheduled for October 22, 2024, and will focus on delivering essential insights and tools that professionals need to excel in data-driven roles. The training will…

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Valerie Labi Transforms Transportation with Electric Bikes in Ghana

In the bustling streets of Ghana and beyond, Valerie Labi is revolutionizing transportation through the creation of electric bikes. Fueled by her commitment to environmental sustainability, Labi’s bikes operate solely on electricity, powered by two rechargeable batteries capable of covering up to 140 kilometres on a single charge. This groundbreaking innovation ensures that delivery riders…

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