The Angolan Supreme Court recently ordered a preventive seizure of assets worth $1 billion belonging to the daughter of the former President of Angola, José Eduardo Dos Santos, as requested from Angola’s Public Ministry. Isabel Dos Santos, the first female billionaire in Africa, often referred to as ‘Princess’, is under …
Read More »Fuel prices to reduce significantly from January 1, 2023
The Institute for Energy Security has predicted a significant reduction in the prices of petroleum products from January 1, 2023. They attribute the reduction to recent stability in the cedi and the 5.28% and 5.09% fall in the prices of petrol and Liquefied Petroleum Gas. “Despite the marginal rise in …
Read More »Angolan court orders seizure of Isabel dos Santos’ $1 billion assets
The Angola Supreme Court (ASC) has ordered the preventive seizure of several assets of former president’s daughter Isabel dos Santos, valued at $1 billion, as requested by the Public Ministry, media reported Tuesday, December 27, 2022. According to the state-owned Jornal de Angola, the order comes after indications of embezzlement …
Read More »Nurse-for-cash agreement with UK: Ghana to earn £1,000 per nurse
Ghana is about signing a nurse-for-cash agreement with the government of the United Kingdom. Each nurse Ghana sends to the UK, once the deal is done, is likely to fetch the West African country £1,000, Health Minister Kweku Agyeman-Manu announced on the floor of parliament on Monday, 5 December 2022 …
Read More »VIDEO: 1-year-old boy drowns after falling into bucket of water
A boy, 1, has died after falling into a bucket of water in Nnewi, Anambra state. The child’s parents reportedly left him in the care of his siblings when the tragedy occurred on Saturday, Dec. 3. The siblings were busy playing when the child made his way to …
Read More »Prices of petroleum products to reduce by 10% on December 1 – IES projection
Consumers of petroleum products in the country are expected to witness a reduction in prices between 10 percent and 8 percent from Thursday, December 1, 2022. The projection, made by the Institute of Energy Security (IES), will be the second consecutive period that will see consumers witness a reduction in …
Read More »Motor insurance tariffs to go up on December 1
The National Insurance Commission (NIC) has announced a review of motor insurance tariffs. The revised motor insurance tariffs will take place effective December 1, 2022. According to NIC, this review was in consultation with the Ghana Insurers’ Association in the face of the economic challenges in the country. Below is …
Read More »2023 Budget: E-Levy reduced to 1% – Ofori-Atta
The government has indicated a further reduction in the headline rate of the controversial Electronic Transfer Levy to 1 percent from the current 1.5 percent. The review of the act is to drive aggressive mobilisation of domestic revenue. Finance Minister, Ken Ofori-Atta disclosed while presenting the 2023 budget statement in …
Read More »Why Databank is trending number 1 on Twitter
Databank is number one among the top trends on Twitter today, November 23, 2022, as customers cry over their inability to access their funds and investments. According to some Twitter users, who have their savings and investments at the bank, they noticed that random deductions had been made on their …
Read More »Form 1 student of Gyaase SHS drowns
A first-year student of Gyaase Senior High School in the Assin North District of the Central Region has reportedly died from drowning. The student, identified as Joseph Asante, is reported to have drowned while attempting to fetch water from a river following a shortage of water on the campus of …
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