Author Archives: larryehu

¢400k filing fee agenda to auction NDC to highest bidder – Sly Mensah

A National Democratic Congress (NDC) flagbearer hopeful, Sylvester Adinam Mensah, has kicked against the decision by the National Executive Committee (NEC) which seeks to “auction the flagbearership position to the highest bidder.” Speaking to delegates from North, Central and South Tongu Constituencies in Mepe, Sogakope and Adidome respectively, Mr. Mensah said that singular decision by NEC in the name of ...

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Nigeria’s largest online digital library

Nigeria’s largest online library which was launched in Lagos last October has gained over two thousand members. The platform by ‘Bambooks’ Limited is aimed at empowering local authors to get their works across a larger audience and make some money. Founder and CEO of ‘Bambooks’, Ugo Okoye told Africanews that his team saw a big opportunity to bring African content ...

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Cedi hits GH¢4.98 against US dollar among some major banks

The local currency is now two pesewas away from hitting the dreaded GH¢5 mark per a dollar. It closed Monday trading at around GH¢4.98 against the US dollar. This is basically the main quotes being put out by some of the major commercial banks in the currency business in the country. What is causing this? Lots of reasons have been put forward ...

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DRC classifies cobalt, coltan as ‘strategic’ minerals

Cobalt and coltan, used in electric vehicle and renewable energy technology have been classified as strategic minerals in the Democratic Republic of Congo. Congolese Prime Minister Bruno Tshibala and Minister of Mines, Martin Kabwelulu signed a decree to this effect late November. According to a Reuters report in March, this means the Central African nation will earn higher royalties. Kinshasa ...

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Nigeria issues arrest warrant for ex-oil minister Diezani Alison-Madueke

Nigeria’s main anti corruption body has issued an international arrest warrant for its former oil minister, Diezani Alison-Madueke. The authorities accuse her of misappropriating public funds worth several millions of US dollars. Alison-Madueke is currently being investigated in the United Kingdom but Nigeria wants her to face trial in her country for an alleged act of illegal acceptance and giving ...

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Morocco king visits Gabon president in Rabat hospital

The King of Morocco, Mohammed VI has met with Gabonese president Ali Bongo Ondimba who is currently in the country for medical recovery. The royal palace on Monday shared a photo of the two leaders reportedly at the facility where he is convalescing after being flown in last Thursday. Bongo was hospitalized in the King Fahd hospital in the Saudi ...

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Akufo-Addo visionless, a monumental failure – NDC

The National Democratic Congress has descended on President of the Republic, Nana Addo Dankwa Akufo-Addo, tagging him a visionless and inept leader. A statement dated December 4 and signed by National Communications Director, Sammy Gyamfi noted how the NPP government has paraded itself as ‘useful’ before the Ghanaian populace through deception and sham. Touching on the projected Greater Accra Regional ...

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Ghana’s expansionary fiscal policy for 2019 will deliver faster growth

After a largely successful second year of implementing reforms to correct imbalances in the economy inherited in 2016, Ghana’s current administration aims to grow the economy faster in 2019. The government has projected gross domestic product to expand 7.6% (using rebased data) in 2019 from a revised projection of 5.6% in 2018, which we think is largely attainable because of ...

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Minority rejects drone deal

The Minority National Democratic Congress (NDC) in Parliament yesterday completely rejected a contract agreement between the Ministry of Health and Fly Zipline Ghana Limited for the delivery of emergency health and blood products to public health facilities in remote communities in the country by the use of drones. The Minority, led by the ranking member of the Finance Committee, Ato ...

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