Author: Ebenezer Afanyi Dadzie
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Defunct Beige Bank CEO, Mike Nyinaku remanded
The Chief Executive Officer of defunct Beige Bank, Mike Nyinaku, has been remanded in police custody for one week. The remand follows the dismissal of a bail application by his lawyers who assured the court that he will cooperate with the ongoing trial. Though the application was not opposed by the prosecution, the Judge said…
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Citi FM adjudged outstanding Agribusiness radio station in Ghana
Citi FM has been adjudged outstanding Agribusiness radio station at the Ghana Excellence Agribusiness Awards for the year 2019. Chief Executive Officer for the Chamber of Agribusiness Ghana, the organization that held the award, Anthony Selorm K. Morrison, said the station was recognized for its efforts at promoting the growth and development of Agribusiness in…
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90 Menzgold customers arrested for besieging NAM1’s residence granted bail
Scores of customers of Menzgold who were arrested by the Police on Wednesday for massing up at the Trassaco residence of the company’s Chief Executive Officer (CEO), Nana Appiah Mensah, popularly known as NAM1, have been granted bail. This comes after they initially encountered challenges in meeting the bail conditions. About 90 of the customers…
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Ghanaian e-commerce platform, Shopnaw launched
Shopnaw, an e-commerce platform, has been introduced onto the Ghanaian market with the aim of using modern mobile technology to provide an improved shopping experience for shoppers who buy from local markets, supermarkets, grocery stores, pharmacies and restaurants among others. Speaking during the launch of the Shopnaw mobile application in Accra, the the Founder and…
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First Atlantic Bank donates fully equipped classroom block to Cape Coast School for the blind
As part of First Atlantic Bank’s commitment to positively impact communities within its operational areas, it has handed over a fully furnished classroom block to the unit for the Blind at the Cape Coast School for the Deaf. The event on Monday 30th December 2019, was attended by the Chief of Abura, Nana Kwodjo Addai…
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Ex-Nissan Chief Carlos Ghosn, justifies decision to jump bail in Japan to Lebanon
Ousted Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a “rigged” justice system in Japan, raising questions about how one of the world’s most-recognized executives had slipped away while on bail. Ghosn’s abrupt departure marks the latest twist in a year-old saga that has shaken the global auto industry,…
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Uber’s $3.1 billion acquisition of Egypt’s ride-hailing service Careem approved
Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional rival Careem, after agreeing to a set of commitments proposed by the U.S.-based ride-hailing service meant to reduce harm to competitors. The Careem acquisition was announced in March after more than nine months of stop-start talks between the two companies, handing Uber a much-needed victory…
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China commerce ministry says it has proactively dealt with U.S. trade frictions
China’s Commerce Ministry has “proactively dealt with” trade frictions with the United States this year, it said on Sunday after an annual work conference. The Ministry has implemented the decisions of the central government and “resolutely safeguarded the interests of the country and the people”, it said in a statement on its website. The United…
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Ghana determined to join Ivory Coast, others in adoption of ECO currency
The government of Ghana has commended the eight West African countries which have committed to using a common currency, the ECO, from 2020. In a statement from the Presidency, the government said the move will further boost efforts towards integration in the sub-region. “It is a good testimony to the importance that is being attached…
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FDA monitors withdrawal of 16 unwholesome tomato paste brands on the market
The Food and Drugs Authority, FDA, says its order for the withdrawal of some 16 brands of tomato paste from the market is being followed. The sixteen tomato paste products which were described by the FDA as unwholesome, are said to contain starch and colour ingredients which were not indicated on the labels. According to…