LATEST UPDATES

Police rescue one of five kidnapped RCCG Pastors

The Ogun State Police Command on Saturday said it rescued one of the five Pastors abducted by suspected Fulani herdsmen. The Command, in a statement by the Police Public Relations Officer, DSP Abimbola Oyeyemi, said one of the victims, Deaconess Ibelegbo Chidinma, was rescued unhurt. He assured that the remaining …

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Finance director drowns in Abuja flood

A heavy flood on Friday swept away the Director of Finance, Federal Capital Territory High Court, Mr Tony Okecheme. Okecheme was on his way to the Nnamdi Azikiwe International Airport in his official 2017 Toyota Camry when his vehicle stalled in the flood water at Galadimawa Roundabout, Abuja. It was …

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The names behind PDS revealed

There have been some speculations on the composition and credibility of the Ghanaian local consortium holding 51 per cent of the shares in the Power Distribution Services (PDS) Ghana Limited with some suggesting that a group of barbers at Osu in Accra are the ones behind it.The government on Tuesday …

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Missing T’di girls: Retrieved skeletons not our girls -Family

Families of the three missing Takoradi girls have said that the Human body parts, two skulls that were exhumed by the police investigating the kidnapping of three girls in Takoradi, from the backyard of the prime suspect, Samuel Udoetuk Wills at Kansaworodo are not that of their missing relatives. Speaking …

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China vows fight against Trump’s latest tariffs as stocks sink

China on Friday vowed to fight back against U.S. President Donald Trump’s abrupt decision to slap 10% tariffs on the remaining $300 billion in Chinese imports, a move that ended a month-long trade truce. China’s new ambassador to the United Nations, Zhang Jun, said Beijing would take “necessary countermeasures” to …

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How murdered policewoman escaped death at Shatta Wale’s show

The killing of a policewoman, Corporal Agatha Nana Nabin, at a checkpoint on Tuesday, has set the rumour mill agog in the Northern Regional capital of Tamale, with various theories being propounded. An investigation The Chronicle is conducting has landed on two divergent speculations, and wonders if the policewoman was …

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Cocaine worth €1bn seized in Germany’s largest haul

Over four tonnes of the drug were being transported from Montevideo, Uruguay, to Antwerp, Belgium, when they were intercepted by authorities during a routine check two weeks ago. The shipment, listed as soya beans, was hidden in over 200 black sports bags inside a shipping container. The drugs have since …

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Sheffield United plot last-minute move for Daniel Amartey

English Premier League newcomers Sheffield United are planning a last minute swoop for Leicester City star Daniel Amartey. According to Football Insider, the 24 year old has emerged as a top priority for Blades boss Chris Wilder. The manager is reportedly looking for a defensive-minded midfielder who can also operate …

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Parliament approves $1.5 billion cocoa syndicated loan today

Government is seeking an amount of $1.5 billion for the purchase of Cocoa beans for the 2019/2020 crop season. In a motion tabled before parliament, Cocobod wants receivables backed trade finance facility from a consortium of banks and financial institutions. It’s expected that the motion would be approved later today …

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Stonebwoy blows his own horn, claims Ghanaians ‘tear us down’

Afro-dancehall musician Stonebwoy is blowing his own horn on Twitter after failing to gain traction for his ongoing “Shuga European Tour”. He has performed in four different European countries so far on his tour, but the buzz has been low. Portugal, Holland, Austria and Sweden are the countries he has …

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You are a fool – Shatta Wale jabs 4Syte TV CEO

Dancehall musician Shatta Wale has put the CEO of 4Syte TV on blast for asking him to share a flyer for his new video premiere. The controversial singer went in on Ignace Hego Kwame with nasty comments on Twitter on Thursday, August 1 following the request. Shatta Wale addressed the …

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Minority calls for abrogation of PDS concession

Minority in Parliament has called for the immediate annulment of the concession agreement between the Government of Ghana and Power Distribution Services (PDS), describing it as highly inimical to Ghana’s power sector. According to them, the concession, if left to continue had the potential to destabilise the energy sector with …

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Chaos at Amasaman market; two arrested

Two persons have been arrested by the Amasaman Divisional Police after violence broke out at a temporary market in the area. Traders in the market reacted to the demolishing of their structures by a taskforce presumed to be from the Municipal Assembly. According to them, this is the fourth time …

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Sudan crisis: Military and opposition agree constitutional declaration

Sudan’s ruling military council and main opposition coalition have agreed on a constitutional declaration which will pave the way for a new period of transitional government. African Union mediator Mohamed Hassan Lebatt made the announcement early on Saturday, without giving any details. Sudan has been in turmoil since the military …

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Planned shutdown of some ‘troubled’ Savings and Loans companies eminent

The Bank of Ghana (BoG) would in coming weeks move in to “close down” some “troubled” Savings and loans companies that are facing “serious” financial challenges. This is based on some engagements that central bank have had with the these institutions over their “worsening” financial position; which has necessitated the regulator taking action. Bank …

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Parliament approves scrapping of luxury vehicle tax

Parliament has passed the Luxury Vehicle Levy (Repeal) Bill to scrap the taxes on luxury vehicles introduced by government last year. The government, through the Finance Minister in July, during the 2019 mid-year budget review, announced the decision to scrap the tax imposed on the use of luxury vehicles. “Government …

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