Zimbabwe’s plan to end the domestic use of the US dollar by 2030 is facing a major test of credibility after the World Bank warned that moving too quickly could destabilise the economy rather than strengthen it. The warning comes at a delicate moment for Zimbabwe, which is attempting to build confidence in its bullion-backed…
Founder and Leader of Alabaster International Ministries, Prophet Kofi Oduro, has questioned the decision to imprison Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi, for 20 years. According to the outspoken preacher, keeping Wontumi in prison for two decades may not serve the country’s best interests,…
Sarkodie has revealed that poor organisation at Afro+ Fest in Maryland, United States, nearly cost the festival his performance. The Ghanaian rapper, who performed at the event on Saturday, September 5, took to X after his appearance to share his disappointment with how the show was handled. Sarkodie said the experience was so frustrating that…
Aliko Dangote is preparing to take another major step in turning his landmark refinery project into a publicly backed African energy business, with the initial public offering of the Dangote refinery expected to open within the next 10 to 12 days. According to Reuters, Dangote disclosed the timeline on Thursday while speaking to investors and…
The United Nations has given an African-led campaign to redraw the world’s visual geography a major diplomatic victory, backing a new map projection designed to show the continent at a scale closer to its actual size. According to the BBC, the UN General Assembly adopted the “Correct the Map” resolution on Friday, September 4, with…
A 51-year-old drug dealer and his 42-year-old wife, who are said to be supplying illegal drugs in Accra, have been arrested by the Narcotics Control Commission (NACOC). They have been named by NACOC as Jibreel Hardi and Abiba Fatawu. They were picked up by NACOC officials in a joint operation with National Security operatives on…
Singapore is preparing to redevelop a sizeable stretch of state-owned land along the Punggol East waterfront, with five residential-zoned plots covering about 25 hectares potentially capable of accommodating more than 8,000 homes. The plots extend from the Tampines Expressway towards Tebing Lane and along Sungei Serangoon. Under Singapore’s Master Plan 2025, the sites are designated…
Hangzhou-headquartered DeepSeek is said to have plans to power its massive data centre in Inner Mongolia with at least 160,000 of Huawei Technologies Co’s next-generation Ascend 950DT chips for operating its models. (Sept 4): DeepSeek plans to deploy at least 160,000 of Huawei Technologies Co’s top accelerators at a massive data centre it’s building in…
Ghanaians have been wondering how Kumawood actor Abraham Kofi Davis, popularly known as Salinko, suddenly made too much money recently, especially after his recent acts of generosity towards people in the entertainment industry. Well, it turns out that Salinko’s reported source of wealth has been largely outside acting, with his businesses and other investments said…
Ghana has introduced stricter rules for certain gold exporters as the government seeks to keep more of the economic benefits from the country’s gold industry within the country. Under a directive from the Ghana Gold Board (GoldBod), Self-Financing Aggregators must now have gold doré refined in Ghana before it can be exported. The requirement took…
