MTN Group today announces the early settlement of US$300 million of eurobonds with a 2024 maturity date, significantly deleveraging the balance sheet following strong first-half 2022 performance. On a pro forma basis for H1 2022, this reduces MTN’s dollar-denominated debt to 35% of the holding company’s (Holdco) total debt. MTN …
Read More »Krachi East MCE found dead with ‘sperms on thighs’ in Hotel room
Francis Okesu, the Municipal Chief Executive (MCE) for the Oti Region’s Krachi East municipality, has passed away. According to current allegations based on police preliminary investigations, the deceased’s naked body was examined by medical personnel, who found spermatozoa on his thighs. In Kumasi, Ghana’s Ashanti area, Mr. Okesu’s body was …
Read More »NCA rolls out punitive measures on unregistered SIM cards
Mobile network operators (MNOs) will begin placing some service limits on unregistered SIM cards as of, Monday, September 5, 2022. This was stated in a press release issued by the National Communications Authority and signed by Joe Anokye, the NCA’s acting director-general. Excerpts from the order state that every day, …
Read More »President Akufo-Addo inspects 91% complete Elmina Fishing Harbour
As part of his two-day working visit to the Central Region, President of the Republic Nana Addo Dankwa Akufo-Addo visited the Elmina Fishing Harbour construction site on Saturday, September 3, 2022. President Akufo-Addo cut the sod on August 1, 2020, marking the start of the 30-month project. Following the completion …
Read More »1D1F: President Akufo-Addo commissions factories in Awutu Senya West, Gomoa East
On Friday, September 2, 2022, Nana Addo Dankwa Akufo-Addo, the president of the republic, officially opened two factories that are part of the government’s One-District-One-Factory project, saying that “it is a day I will not forget.” The APPED Cylinder Factory, which currently employs about 250 people and will eventually employ …
Read More »“Akoti Junction to Senya road to be constructed in honour of Haruna Esseku” – President Akufo-Addo
“In honour of the late Haruna Esseku, I have instructed the Minister for Roads and Highways to commence work on the construction of the Akoti Junction to Senya Beraku Road.” On Friday, September 2, 2022, Nana Addo Dankwa Akufo-Addo, President of the Republic, gave these remarks when he opened the …
Read More »President Akufo-Addo leaves for Netherlands, France
At the invitation of Ban Ki-Moon, the eighth Secretary-General of the United Nations and the chair of the board of the Global Centre of Adaption (GCA), Nana Addo Dankwa Akufo-Addo, the President of the Republic, left Ghana on Saturday, September 3, to attend the African Adaptation Summit, which will take …
Read More »Akufo-Addo reinstates Sekondi-Takoradi MCE after state abandons case
Abdul Mumin Issah, the suspended Metropolitan Chief Executive (MCE) for the Sekondi-Takoradi Metropolitan Assembly (STMA), has been reinstated by President Akufo-Addo. The Western Regional Minister was commended by the Ministry of Local Government, Decentralization and Rural Development (MLGDRD) for running the operations of the city during the mayor’s suspension in …
Read More »Adutwum calls for emergency meeting with Vice-Chancellors
The running of several unaccredited programs since 2021 has prompted the Education Minister, Dr. Yaw Osei Adutwum, to seek an urgent meeting with the Vice-Chancellors of the University of Ghana and Kwame Nkrumah University of Technology (KNUST). The sector minister requested the urgent meeting in order to address the operation …
Read More »Insults won’t deter me from working on the Ahotor project-Dr Duffuor to Asiedu Nketia
Dr. Kwabena Duffuor, a former finance minister, claims that no amount of criticism will make him abandon his “Ahotor Project.” According to Dr. Duffuor, the “Ahotor Project” aims to give National Democratic Congress (NDC) opponents more authority across the nation. Johnson Asiedu Nketiah, the NDC’s general secretary, questioned the project’s …
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