Accusations of sexism, cut-throat management, and a toxic work environment have Uber trying to pull its image out of a skid as competition revs in the on-demand ride market. “Experienced managers know how to prevent these kinds of problems, or make it look like there isn’t a problem at all,” analyst Rob Enderle of Enderle … Read more
Russia is close to finalising a deal to build helicopters in India, an executive said Tuesday, a move that would boost Narendra Modi’s ambitions to manufacture defence hardware locally. India is the world’s top defence importer and is seeking to revamp its Soviet-era military equipment against an increasingly assertive China. Prime Minister Modi has been … Read more
Eni announces that the naming ceremony of the “John Agyekum Kufuor” floating production, storage and offloading (FPSO) vessel was held last Friday in Singapore. The FPSO shall operate in Sankofa-Gye Nyame field in the Tano Basin, in Ghana’s offshore, for the Offshore Cape Three Points (OCTP) project. The vessel, named after Ghana’s Former President Kufuor, … Read more
Eni announces that the naming ceremony of the “John Agyekum Kufuor” floating production, storage and offloading (FPSO) vessel was held last Friday in Singapore. The FPSO shall operate in Sankofa-Gye Nyame field in the Tano Basin, in Ghana’s offshore, for the Offshore Cape Three Points (OCTP) project. The vessel, named after Ghana’s Former President Kufuor, … Read more
Ghana’s third Floating Offloading Production Storage (FPSO) will set sail to Ghana next week after it was officially named by the First Lady, Mrs Rebecca Akufo-Addo, at a colourful ceremony in Singapore. It was built by Keppel Shipyard (KSL) of Singapore and named after former President John Agyekum Kufuor, under whose tenure oil was found … Read more
President Trump’s travel ban on the citizens of seven Muslim-majority countries has created confusion and concern across the Middle East and parts of Asia. The Organization of Islamic Cooperation, which represents dozens of Muslim countries, expressed “grave concern,” warning that it would “embolden the radical narratives of extremists.” The Arab League slammed it as unjustified. … Read more
President Akufo-Addo’s nominee for the Minister for Finance position, Ken Ofori-Atta, has dismissed suggestions that the New Patriotic Party (NPP) government’s plans to review taxes in the country are regressive. According to him, although the government intends to widen the tax net to ensure that many more people who previously did not pay taxes do … Read more
Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct knowledge of the matter said. The fund is being raised by China Development Financial Holding (CDF), … Read more
Ofori-Atta tells Ghanaians that it is possible to get value for money with the new administration in place… Finance Minister-designate, Kenneth Ofori-Atta has assured Ghanaians that under the new NPP government, the true state of the economy will not be hidden. Ofori-Atta said this while speaking to Joy News Flag Staff House correspondent on Tuesday. … Read more
President Nana Addo Dankwa Akufo Akufo-Addo, has named renowned investment banker, Ken Ofori-Atta, as his Finance Minister, pending parliamentary approval. Mr. Ofori-Atta, a cousin to the President, stepped down as head of Databank, to serve as the Director in-charge of fundraising for the New Patriotic Party’s (NPP) 2016 presidential campaign. Making the announcement of 13 … Read more
Two Libyan men charged with hijacking an airliner on Friday have pleaded not guilty during a court appearance at the Maltese capital Valetta. They were escorted to the hearing on Sunday under heavy security while they wore bullet proof vests and one of them Moussa Saha even requested for time to pray. Apart from the … Read more
Automile, a fleet logistics and management startup, has closed a $7.5 million Series A round led by SaaStr with participation from Salesforce Ventures, Niklas Zennstrom, Dawn Capital and Point Nine Capital. Automile provides customers with a box to install under the vehicle’s dashboard to track mileage, trips and provide route tracking. Automile ships its tracking … Read more
Two members of the World Bank Group have announced the commitment of $517 million in debt and guarantees to support Ghana’s Sankofa Gas Project, an integrated offshore oil and natural gas project. The project is to provide a source of reliable, affordable energy in the country. The financial commitments by the International Finance Cooperation (IFC) … Read more
IFC and MIGA, members of the World Bank Group have announced the commitment of US$517 million in debt and guarantees to support Sankofa Gas Project, an integrated offshore oil and natural gas project that will provide a source of reliable, affordable energy in the West African country. The project will fuel up to 1,000 megawatts … Read more