How much South Africa’s richest man got paid in 2018

South Africa’s richest man (Bloomberg) and founder and chairman of luxury goods company Richemont, Johann Rupert, has taken a pay cut in 2018, but still walked off with a R39 million salary in 2018. Richemont has published its annual report for the 2018 financial year, showing what the group paid its senior executives for the year. Rupert’s […]

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“We Will Create Assets For Ghana From Oil Revenues” – President Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his government is going to use oil revenues to create assets for the country, and not waste it on consumption. According to President Akufo-Addo, as a relatively new entrant in the league of oil-producing countries, Ghana is not going to treat her oil like she […]

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Veep Launches Mobile Money Interoperability Next Week

Vice President Dr Mahamudu Bawumia is set to launch the mobile money interoperability system next week. This means it will be possible from next week to send mobile money from one mobile phone network to another seamlessly when the mobile money interoperability is launched. The launch to be performed by the Vice President will come […]

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First Sea Wave Electric Plant To Be Constructed In Ada

Ghana’s energy sector is set to receive a major boost, withthe signing of a contract for the construction of the first wave energy plant in Ghana, near Ada in the Greater Accraregion. According to TC’s Energy, a Ghanaian renewable energy production company, the 100 Megawatt wave plant, whendelivered in 24 months, will be one of […]

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“GHANA IS A HAVEN OF PEACE, SECURITY AND STABILITY” – AKUFO-ADDO TELLS UK INVESTORS

  The President of the Republic, Nana Addo Dankwa Akufo-Addo, has told investors and business leaders from the United Kingdom that Ghana is the ideal place in the West African Region, and on the Continent, to invest and conduct business. According to President Akufo-Addo, “Ghana is a haven of peace, security and stability, a country […]

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Recaptalisation Brouhaha: Government intervention will undermine BoG – Former deputy Governor

  A former deputy Governor of the Bank of Ghana (BoG), Emmanuel Asiedu-Mantey has expressed disquietabout some local banks petitioning the president to have the 31 December deadline for the recapitalisation of banks spread over a four year period. Speaking exclusively to TV3, Asiedu-Martey says he does not support the move. “I’m totally against the […]

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NPA Suspends Five oil companies for failing to declare returns.

  Five oil companies that under-declared or failed to declare returns on fuel they loaded at the Tema Tank Farm (TTF) this year have been suspended by the National Petroleum Authority (NPA) until they are able to reconcile their figures and revert to the NPA for final determination of their cases. They are Union Oil […]

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Mine workers demonstrate against GoldFields – Tarkwa

Workers at Gold Fields Tarkwa Mine in the Western Region today, Monday, 12 March 2018, embarked on a demonstration over plans by management to lay off about 2,150 workers. The action of the workers has been backed by the National Executive Council of Ghana Mineworkers’ Union of the Trades Union Congress (TUC). The council in […]

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