Boeing 737 plane feared crashed in Indonesia

A Boeing 737 passenger plane carrying 62 people is believed to have crashed into the sea shortly after take-off from Indonesia’s capital Jakarta. The Sriwijaya Air disappeared from radars four minutes into its journey to Pontianak in West Kalimantan province. It is thought to have dropped more than 3,000m (10,000ft) in less than a minute, […]

Elon Musk overtakes Bill Gates to become world’s second-richest person

The limelight-friendly billionaire is now worth more than $148 billion due to a recent surge in Tesla’s share price. The electric car company’s value has risen following the announcement that it would join the S&P 500 index and is currently valued at $521.49 (£390.20) a share. Mr Musk, 49, is now worth more than $128 […]

Ghana risks being listed as money laundering destination with Agyapa deal – Minority warns

The Minority in Parliament says Ghana risks being blacklisted by international organisations as a money-laundering destination if the controversial Agyapa deal is not cancelled. Ajumako-Enyan-Esiam Member of Parliament (MP), Casiel Ato Forson has described the decision to incorporate the Agyapa Royalties at Jersey as a clear agenda to hide the “beneficial owners” of the company, […]

NDC will prioritize TVET and introduce free apprenticeship training – Prof Joshua Alabi

The next government of the National Democratic Congress (NDC) will absorb apprenticeship fees paid by carpenters, welders, plumbers, electricians, and hairdressers, among others, the Campaign manager has said.  Professor Joshua Alabi said the party’s technical and vocational education and training (TVET) programme would also recognize experiential knowledge for progression to higher levels.  Explaining in detail […]

AMERI deal goes back to parliament after another gov’t review

The AMERI power deal negotiated by ex-president John Dramani Mahama in 2015 will receive the blessing of Parliament after the current government reviewed it for the second time. The deal formed part of the then government’s measures to address the erratic power supply in the country at the time. It was negotiated on the basis […]

Accumulated leave directive not taken in good faith – Auditor-General fires back

The Auditor-General has asked President Nana Addo Dankwa Akufo-Addo to reconsider a directive for him to take his “accumulated leave.” Daniel Yaw Domelevo says the President’s directive may not have been taken in “good faith” because there are other appointees of the President who have not been on leave since 2017. President Akufo-Addo’s failure to […]

UPSA Lecturer cautions companies’ Board of Directors over CSR Budgets above financial capacity

Discussants at the fifth e- seminar series organized by the University of Cape Coast School of Business call for greater attention on Corporate Social Responsibility (CSR) during this pandemic The topic for discussion was Coronavirus Pandemic and Corporate Social Responsibility Strategies. The e- seminar was chaired by the Provost of the College of Humanities and […]

Covid-19 hits bank lending in East Africa

Central banks in East Africa have been cutting interest rates to encourage businesses to borrow, but the strategy is not working. Companies are holding back from approaching a bank for a loan, amid concerns about the dramatic slowdown in economic activity across the region, caused by restrictions aimed at containing the Covid-19 pandemic. The banking […]