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Ghana’s economic crisis was caused by government borrowing – the central bank did the best it could: economist

Views: 2 Ghana’s economic crisis has led to protests in the country Ghana is going through its worst economic crisis in a generation. The past two years have seen record high inflation in the country. Ghana’s central bank (the Bank of Ghana) has been criticised in some quarters for its role in the country’s economic malaise, which has hit the profitability […]

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Electronic Money Transfer Revenue Drops 17.6% to N49.54bn in Q1 2024

Views: 0 The revenue accruing to the Federation Accounts Allocation Committee (FAAC)  via the Electronic Money Transfer Levy (EMTL)  dropped by 17.6 percent from N57.69 billion in Q1 2023 to N49.54 billion in Q3 2024. This is based on data from the National Bureau of Statistics (NBS). A study of the NBS quarterly reports showed that a

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Bafana star to sign new Sundowns deal?

Views: 0 Mamelodi Sundowns will be looking at new signings for next season. Firstly, existing players have to make way or sign new deals. Sundowns Team Picture during the 2023 MTN8 Semi Final 2nd Leg against Kaizer Chiefs on the 23 September 2023 at Lucas Moripe Stadium in Atteridgeville © Sydney Mahlangu/BackpagePix. MAMELODI SUNDOWNS TO

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World’s oldest termite mounds discovered in South Africa – and they’ve been storing precious carbon for thousands of years

Views: 3 Purple spring flowers growing on termite mounds in Namaqualand The landscape along the Buffels River in South Africa’s Namaqualand region is dotted with thousands of sandy mounds that occupy about 20% of the surface area. These heuweltjies, as the locals call them (the word means “little hills” in Afrikaans), are termite mounds, inhabited by an

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Trump threatens to cut US aid to Ukraine quickly if reelected

Views: 3 NATO countries are planning to take over from the U.S. in coordinating military aid to Ukraine Ukraine’s allies are scrambling to secure long-term aid for Kyiv amid fears about a second Trump term. Former U.S. President Donald Trump on Saturday blasted the scale of U.S. support for Ukraine and said that if he is

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Tanzania launches Eastern Africa’s first electric train | Africa

Views: 2 State-of-the-art train transports 1,400 passengers from coastal city of Dar es Salaam to Morogoro on its maiden journey, covering 300-kilometer distance. Tanzania launched its first electric train on Saturday, which transported 1,400 passengers from the coastal city of Dar es Salaam to Morogoro in the west on its maiden journey, covering a 300-kilometer

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FIFA president presides over renaming of Paris stadium in honour of Pelé

Views: 0 FIFA President Gianni Infantino made a surprise stopover in Paris on Saturday to rename a stadium in a working class neighbourhood of the city. Boutroux Stadium is now called Stade Pele, after the Brazilian football legend who is widely regarded as one of the greatest players of all time. It is a project

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Pilgrims commence the final rites of Hajj as Muslims celebrate Eid al-Adha

Views: 1 More than 1.8 million people have gathered in the holy city of Mecca in Saudi Arabic to perform the annual five-day rituals of Hajj. All Muslims are required to make the Hajj once in their lives if they are physically and financially able to do so. Masses of pilgrims on Sunday embarked on

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INDONESIA BLOCKS ALMOST 3 MILLION ONLINE GAMBLING CONTENT

Views: 0 JAKARTA, June 16 (Bernama-ANTARA) — Minister of Communication and Informatics Budi Arie Setiadi said the ministry had succeeded in blocking around 2,945,150 online gambling content in almost a year. “We have taken down 2,945,150 online gambling content from July 17, 2023 to June 13, 2024,” he noted in a statement from his office

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Russian journalist killed in Ukraine drone strike: Media

Views: 2 A Russian journalist has been killed in a drone attack in eastern Ukraine, his news organisation said Sunday, two days after the death of another correspondent near the front line. “Our correspondent Nikita Tsitsagi was killed during an attack by Ukrainian army drones,” News.Ru posted on Telegram. It said the attack happened around the Saint-Nicolas monastery near the town

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