McOttley Capital Assures Ghanaians of Bright Future

McOttley Capital, an investment management arm of McOttley Holdings, has assured Ghanaians and its cherished clients of bright future. A statement from the company said the operations of McOttley Capital remains stable, adding that, it shall continue to offer exciting tailored-made products and services to its clients, guided by its values of excellence, integrity and … Read more

Myanmar Journalist Sued By Buddhist Hardliners Gets Bail

One of Myanmar’s most prominent investigative journalists was granted bail on Monday after being charged with insulting a Buddhist monk who praised the killer of a Muslim government lawyer. Police detained Swe Win at Yangon airport on Sunday evening as he tried to fly to Bangkok, claiming that he might evade a defamation charge leveled … Read more

GCFM Re-Launches Takoradi Branch Office

Gold Coast Fund Management (GCFM), a member of Groupe Nduom (GN) conglomerate, at the weekend re-launched its Takoradi branch office in the Western Region. Re-launching the office on the theme: “Investment Opportunities at Gold Coast,” GCFM Zonal Manager for Western and Central Regions, Mr. Alex K. Laar, disclosed that the renovated and remodeled office has … Read more

Gold Coast Treats Its Families To Funfair

You may have heard the maxim – that ‘all work and no play, makes Jack a dull boy’. This was the story of some Groupe Nduom subsidiaries over the weekend. Elsewhere, it may have been stressful; but to Gold Coast and GN Networks, the story was entirely different, as it was all joy and fun … Read more

Words With Friends Will Be Turned Into A TV Show

MGM Television and Zynga are partnering to develop a new television game show based on “Words With Friends,” the companies announced Wednesday. Since launching in 2009, “Words With Friends” has been installed more than 200 million times and is one of the App Store’s Top 10 free games of all time. An estimated 55 million Words With Friends … Read more

Global Stocks Pressured By Trump Health Care Reform Setback

Global stock markets were pressured Tuesday by worries about President Donald Trump’s agenda after a proposed health care reform measure collapsed in Congress, raising concerns about prospects for his tax reform. Bourses in Paris and Frankfurt shed more than one percent, while London and Tokyo also retreated. US stocks were mixed, with the Nasdaq rising … Read more

Dow, S&P 500 End Week At Records; Dollar Tumbles

Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after lackluster US data raised questions about additional Federal Reserve rate hikes. The Dow and S&P 500 ended at fresh records in anticipation that teh positive bank results foreshadow a generally strong earnings period. The records, the third in … Read more

We Are Not For Sale

North London Premier League football club Tottenham Hotspur has said that it is not in any discussions relating to a takeover offer. Media reports had said US firm Iconiq Capital was preparing an offer. Spurs are currently in the process of building a new stadium, and will play games at Wembley Stadium next season. The … Read more

Vodafone Headlines 16th Banking Awards

Mobile telecommunication network, Vodafone Ghana, is set to headline this year’s 16th Ghana Banking Awards; representing a solid three-year run of association with the event. The awards is a vehicle to showcase and applaud best performing banks in various categories in Ghana’s financial services sector. This year’s event is on the theme: “Redefining a sustainable … Read more

Fears For Three Myanmar Journalists Taken By Military

Fears were mounting on Tuesday for three Myanmar journalists who are being interrogated by the military after they were detained under a restrictive junta-era law for reporting on an ethnic armed group. The three were stopped as they travelled back from a drugs-burning ceremony organised by the Ta’ang National Liberation Army (TNLA) in the eastern … Read more

Barclays Charged With Fraud In Qatar Case

Barclays and four former executives have been charged with fraud over their actions in the 2008 financial crisis. The Serious Fraud Office case relates to the way the bank raised billion of pounds from Qatari investors enabling it to avoid a government bailout. Former chief executive John Varley is one of the four ex-staff who will … Read more

Nduom Wins Another Award In UK

Celebrated Ghanaian entrepreneur and President and Chairman of Groupe Nduom (GN), a multinational conglomerate, Dr. Papa Kwesi Nduom, has won another international award in the United Kingdom (UK). The business magnate was early this year recognised and commended by the State of Georgia in the United States of America (USA) for his tremendous impact on … Read more

Investors In Limbo As SEC Is Left Without A Board

The absence of a board of directors at the Securities and Exchange Commission (SEC) is severely hampering the equity and debt listing of companies on the stock market, with about GH¢1biliion worth of potential deals hanging. The laws regulating the securities industry stipulates that all new listings including the listing of new tranches of existing … Read more

Veteran Actor Kofi Bucknor DEAD

Veteran Ghanaian actor, Kofi Bucknor is dead. He died in the early hours of Tuesday, May 23, 2017. He was 64. It is unknown what caused his death. He was born in 1953 in Cape Coast. He is known for his roles in Heritage Africa (1989), Run Baby Run (2007) and African Timber (1989). He once served … Read more

US Treasury’s Mnuchin Opposes Breakup of Banks

The Trump administration does not support a return to the Depression-era rule requiring a separation of retail and investment banking, Treasury Secretary Steven Mnuchin said Thursday. It would be “a huge mistake” to break up the banks, Mnuchin told a Senate committee, but there were some aspects of the Glass-Steagall law, enacted in 1933 and … Read more

Dow Falls More Than 300 Points On Trump Woes

Wall Street stocks fell further Wednesday afternoon on deepening worries about President Donald Trump’s economic agenda following a series of scandals and stumbles. Near 1900 GMT, the Dow Jones Industrial Average was down more than 300 points, or 1.6 percent, at 20,654.56. The broad-based S&P 500 dropped 1.6 percent to 2,362.91, while the tech-rich Nasdaq … Read more

Snapchat Faces Harsh Reality Check After Earnings Miss

Snapchat’s hopes to become the next big social media platform hit a brutal reality check with the first earnings report from parent company Snap Inc. The $2.2 billion loss reported for the first quarter along with weaker-than-expected revenue and sluggish user growth prompted a wave of selling and harsh comments from analysts about the firm … Read more

Twin Blasts Kill Two In Philippines

The first blast came from a package that was being delivered by a man on a motorcycle At least two people have been killed and six others wounded in two explosions in the Philippine capital Manila, a police spokesman said. The first blast occurred around 6:00pm (10:00 GMT) on Saturday near a mosque in Quiapo, … Read more

The Downside of Rice

It was a fatal mistake and I wish I had sat in a different chair as I paid rapt attention to a feud raging at the table left side. I was in an expensive restaurant of a hotel, after foolishly agreeing to meet with a friend who called and cancelled at the last minute. I … Read more

McOttley’s Richard Dugan Named ‘Young Entrepreneur of the Year’

Richard Dugan, the Group President of McOttley Holdings has been named the “Young Entrepreneur of the Year” at the Ghana @ 60 edition of the Ghana Entrepreneurs & Corporate Executives Awards (GECEA). The event which was held the Banquet Hall of the State House in Accra, was organized by the Entrepreneurs Foundation of Ghana. The … Read more