Author: Ghana News

Meta’s AI-powered smart glasses could be sending sensitive footage to human reviewers in Nairobi, Kenya, according to an investigation by the Swedish outlets Svenska Dagbladet and Göteborgs-Posten. The report, which was published last week, claims Meta contractors in Kenya have seen videos captured with the smart glasses that show “bathroom visits, sex and other intimate moments.”So far, at least one proposed class action lawsuit accusing Meta of violating false advertising and privacy laws has emerged in response to Svenska Dagbladet’s reporting, citing the company’s claim that its smart glasses are designed for privacy:By affirmatively claiming that the Glasses were designed…

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The Ghana Stock Exchange witnessed its most extraordinary trading session of the year on Thursday, with the GSE Composite Index (GSE-CI) surging to 14,273.08 points, adding 267.76 points, as investors poured GH¢124.4 million into the market. Trading data for the 7,167th session, held on March 5, 2026, revealed unprecedented activity, with total volume of shares traded skyrocketing to 15,606,080—more than four times Wednesday’s volume—and aggregate value hitting GH¢124,396,662.84, by far the highest single-day value recorded in recent memory. Market capitalisation ballooned to GH¢262.08 billion, up from Wednesday’s GH¢256.75 billion, reflecting the sheer scale of investor enthusiasm sweeping through the Accra…

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The President and Chairman of the Governing Council of the Chartered Institute of Directors Nigeria, Otunba Adetunji Oyebanji, has emphasised the need for members to remain committed to upholding the highest standards of corporate governance and ethical leadership. Oyebanji also urged members of the institute to prioritise integrity, innovation and membership growth while continuing to serve as a benchmark for excellence. The CIoD president, who was represented by the Director-General of the institute, Taiwo Noilas-Ajayi, made the call on Wednesday during the second Annual General Meeting and inauguration of new executives for the CIoD South-West, Abeokuta Zone. Oyebanji said the…

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By: Celestine Avi and Seth Eyiah President John Dramani Mahama has commissioned the world’s largest calcined clay cement plant at the Tema Free Zones Enclave, describing it as a major milestone in Ghana’s industrial revival and sustainable manufacturing drive. The $110 million facility, developed by CBI Ghana, has an annual production capacity of 1.5 million tonnes of environmentally friendly calcined clay cement and is expected to significantly reduce Ghana’s dependence on imported clinker. Speaking at the commissioning ceremony on the eve of Independence Day, President Mahama says the project represents more than the opening of a factory, calling it a…

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NPP communications team member Kwadwo Poku faced pushback on live television over his criticism of the Black Stars’ proposed budget for the 2026 FIFA World Cup. The confrontation unfolded on the JoyNews on February 5, 2026, during a panel discussion with Berekum West MP Dickson Kyere-Duah. Poku had questioned the government’s decision to allocate $13 million for the team, arguing that the country would not recoup the funds and that FIFA’s $10 million for qualifying should suffice. “With the money we spend, do we get it back? If they get $10 million for qualifying, why is the government of Ghana…

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Kenya Airways has announced the appointment of four new members to its board, bringing together expertise in business, finance, governance and economic policy as the national carrier continues its turnaround strategy. The airline named veteran business leader Kiprono Kittony as Chairman and Independent Non-Executive Director, alongside new board members Chris Diaz, Winnie Iminza Nyamute and economist David Ndii. Kiprono Kittony Kittony assumes the role of board chairman with decades of experience in business leadership and corporate governance. He currently serves as chairman of the Nairobi Securities Exchange and is widely credited with revitalising the Kenya National Chamber of Commerce and…

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The House of Representatives has begun legislative moves to establish a legal framework that will guide the implementation of Nigeria’s national decarbonisation programme, part of efforts to accelerate the country’s transition to a low-carbon economy and strengthen its climate governance structure. The Chairman of the House Committee on Mandatory National Decarbonisation, Sesi Whingan, disclosed this on Thursday while briefing journalists after a technical roundtable with stakeholders on the national decarbonisation programme held in Abuja. Whingan explained that although Nigeria already operates under the Climate Change Act, the proposed National Decarbonisation Bill seeks to reinforce existing policies and provide a more…

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South Africa’s Minister of Sport, Arts and Culture, Gayton McKenzie, has declared the country prepared to host the Women’s Africa Cup of Nations (Wafcon) on short notice if Morocco decides to withdraw. Scheduled for March 17 to April 3, uncertainty surrounds the venue as the Confederation of African Football is expected to make a final decision soon. McKenzie asserted, “We have the stadiums, infrastructure, and transportation systems better than any country in Africa.” He criticized the treatment of women’s football, noting that if it were a men’s tournament, planning would be more organized. The uncertainty stems partly from Morocco’s disappointing…

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By Ewoenam Kpodo, GNA Ho, March 05, GNA – Mrs Afia Serwah Asare-Botwe, Justice of the Court of Appeal has said Justice for All Programme (JFAP) has evolved beyond a solution to overcrowding, becoming a powerful symbol of Ghana’s dedication to justice, human rights, and the rule of law. Justice Asare-Botwe was speaking at the in-prison JFAP court sitting held in Ho Central Prison where 19 pre-trial cases were presented and out of that, 12 bail applications were granted, one pre-trial prisoner was discharged, three persons were referred for psychiatric treatment and three convictions were secured. “The JFAP has proven to be more than a response to overcrowding. It has become a symbol of Ghana’s…

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A section of the demonstrators   Residents of Sokoban New Site in the Asokwa Municipality of the Ashanti Region have taken to the streets to protest the deplorable condition of their main access road, which they say is fueling a rise in armed robbery cases in the community. The residents claim the dusty and badly damaged road has virtually cut off the area, making it easier for criminals to operate without swift response from security agencies. According to them, robbers exploit the poor nature of the road and the isolation of the community to carry out attacks. “The state of…

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Researchers have called on Kenyan lawmakers to revise proposed amendments to the Startup Bill before they become law, warning that a ten-year age limit on what qualifies as a startup would systematically exclude the companies doing the most to power Kenya’s economy.  The call comes from a landmark study released this week by Endeavor Kenya. The report, titled Mapping the Kenyan Entrepreneurship Network, urges policymakers to stop classifying high-growth companies alongside small and medium-sized enterprises (SMEs) and to overhaul support programs so they target the capital and talent needs that scaling founders consistently identify as their biggest barriers. It further…

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The writer   Introduction The 2026 State of the Nation Address, delivered on 28 February 2026, provided a constitutionally grounded platform for President John Dramani Mahama to outline national priorities under Article 69 of the 1992 Constitution of Ghana, which empowers the President to present proposals, reports, and directives to Parliament on matters of national governance and strategic development. In his address to the good people of Ghana, His Excellency John Dramani Mahama, the president of the Republic, announced that the Cabinet had reviewed the feasibility study and designs for the proposed Port of Keta, and directed the Ghana Ports…

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In a major sign that the “acceleration phase” of the Nigerian economy is gaining traction, the Nigerian Economic Summit Group (NESG) reported on March 4, 2026, that business confidence has surged to its highest level in over a year. The Business Confidence Monitor (BCM) climbed to 117.2 points in February 2026, up significantly from 105.8 in January. This recovery marks a critical turning point: for the first time in recent history, all five key sectors tracked by the NESG have moved into expansionary territory (above the 100-point threshold) simultaneously. Sectoral Performance: The Great Rebound The February data reveals a synchronized…

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Will it hold or not? Officially, the 2026 Women’s AFCON is scheduled to start in Morocco on March 17 next year and end on April 3. However, on the ground, there is no indication that such an event is imminent. The information gathered by Sport News Africa indicates a postponement, possibly in August. Several federations have also been informed by the CAF, while the teams have already started their preparation. Faced with this uncertainty and especially the lack of communication from the CAF, South Africa decided to put its foot in it.«We will not be taken hostage»The South African Minister…

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The Civil and Local Government Staff Association, Ghana (CLOGSAG) has rejected a proposal by the Constitution Review Committee to make the Controller and Accountant General’s Department (CAGD) an independent body separate from the Ministry of Finance. The association said the department was an implementing arm of the Finance Ministry and should remain under its administrative oversight to ensure effective coordination in public financial management. Addressing a press conference in Accra on Wednesday, the Executive Secretary of CLOGSAG, Isaac Bampoe Addo, said the CAGD played a central role in executing government accounting functions, controlling payments and managing treasury operations on behalf…

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Ghana’s abortion law is relatively liberal. Abortion is legally permitted in the first trimester when a pregnancy endangers the mother’s life or physical or mental health, or when it is due to rape or incest. Thus, medication abortion has become more widely available. Medication abortion involves the use of mifepristone and misoprostol pills which stop pregnancy and enable the uterus to expel it naturally. When used correctly and with proper guidance it is an acceptable, effective and safe method. Despite the availability of this safe method, however, it’s not always used in Ghana, especially by young women. The 2017 Ghana…

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Finance Minister Dr. Cassiel Ato Forson has announced that Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to stabilise the country’s economy following the recent financial crisis.“On behalf of the Government of Ghana, I signed a debt restructuring agreement with the Kingdom of Belgium,” Dr. Ato Forson stated in a post on Facebook on Thursday, March 5.He recalled that Ghana went through a difficult period between 2022 and 2023 when the country faced a severe financial crisis that forced the government at the time to declare a debt default.“Ghana went through an…

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𝐊𝐞𝐧𝐲𝐚 𝐬𝐮𝐛𝐦𝐢𝐭𝐬 𝐂𝐚𝐫𝐭𝐚𝐠𝐞𝐧𝐚 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧 𝐭𝐢𝐦𝐞 Kenya has joined over 121 countries in submitting its 5th national report on the implementation of the Cartagena Protocol on Biosafety ahead of the February 28, 2026 deadline. The repor facebook.com

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Actor-turned-politician Olumide Oworu has said politics should centre on service to the people rather than personal enrichment. On the Clarity Zone podcast, Oworu argued that Nigeria’s political space needs individuals with the vision and capacity to drive meaningful change. The former Lagos State House of Assembly candidate in the 2023 election called for a shift in the country’s political culture, urging leaders to prioritise citizens’ interests over personal ambitions. According to him, politics should attract educated and widely exposed individuals who are committed to contributing positively to society. “Politics is two things – systems and service. I think the type…

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A preliminary audit of South Africa’s public payroll has identified 4,323 possible “ghost workers” across government departments, Parliament’s Portfolio Committee on Public Service and Administration said on Thursday, warning that the findings highlight deep vulnerabilities in the state’s financial controls.Committee chairperson Jan de Villiers said the early results of the verification process point to potential large‑scale payroll fraud at a time when compensation of employees already consumes nearly one‑third of consolidated government spending.“Employees who cannot be verified must be dealt with swiftly and in accordance with due process,” de Villiers said.He said the committee expects detailed breakdowns of the flagged…

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The Confederation of African Football (CAF) has officially announced new dates for the TotalEnergies CAF Women’s Africa Cup of Nations 2026, which will be hosted by Morocco. CAF, in a statement released on March 5, confirmed that the tournament initially scheduled to take place from 17 March to 3 April 2026, has now been rescheduled to run from 25 July to 16 August 2026. The continental football governing body explained that the decision followed consultations with key partners including FIFA and other stakeholders. “After discussions between CAF and its partners, FIFA and other stakeholders, CAF decided to reschedule the dates…

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Ghana’s inflation rate has fallen significantly to 3.3 percent in February 2026, marking one of the sharpest declines in recent years and signalling improving economic stability in the country. The slowdown follows months of monetary tightening by the Bank of Ghana, improved fiscal discipline under the International Monetary Fund (IMF) programme, and a stronger performance of the Ghanaian cedi, which has helped reduce import costs and ease pressure on consumer prices. Analysts say the development represents a major turnaround for the West African economy, which recorded inflation levels as high as 54 percent in 2022 during the height of its…

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The Chief of Staff at the Ghana Armed Forces General headquarters, Air Vice Marshal Joshua Mensah-Larkai, has described Ghana’s security landscape and outlined measures being implemented to safeguard national borders and maintain regional stability.He emphasised the importance of sustained international cooperation in confronting evolving and complex security threats, particularly in the West African sub-region.Air Vice Marshal Mensah-Larkai said this when a delegation of ten students from the United States Air War College (AWC) visited him to undertake a three-day strategic educational tour of the Ghana Armed Forces (GAF).He briefed them on the longstanding defence cooperation between Ghana and the United…

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The Civil and Local Government Staff Association of Ghana (CLOGSAG) has declared a nationwide strike, directing all its members in the Civil Service and Local Government Service to stay at home beginning Monday, March 9, 2026. In a notice dated March 5, 2026, and signed by its Executive Secretary, Isaac Bampoe Addo, the association said the industrial action follows unresolved issues between the union and relevant authorities. The notice, addressed to the Head of Civil Service, the Head of the Local Government Service, regional secretaries of CLOGSAG, and all members of the association, stated that the decision was taken after…

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The writer   On March 3, 2026, as voters queued in the Ayawaso East by-election, a video published by Ghana Web and shared on its Facebook wall captured a moment that should unsettle us all. In the clip, an elderly man, speaking candidly to a Ghana Web reporter, declared that he would not vote unless he received something in return. His frustration was not subtle. “I joined NDC since 1979. And my friend let me tell you, I’ve not got anything. Even T-Shirts sometimes I have to struggle. That Assemblyman over there, Willie, he usually sometimes gives me T-Shirts. People…

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The Confederation of African Football (CAF) has rescheduled the Women’s Africa Cup of Nations (WAFCON) 2026 in Morocco, just days after the Kenya Women’s national team travelled to Ivory Coast to prepare.  In a statement on Thursday, March 5, CAF confirmed that the adjustments followed high-level discussions among the federation, FIFA, and other stakeholders. The tournament was initially scheduled for March 17 to April 3, 2026, but was rescheduled to begin from July 25 to August 16, 2026. CAF noted that this adjustment was made to ensure the tournament’s success in light of unforeseen circumstances. “After discussions between CAF and…

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The Governor of Kano State, Abba Kabir Yusuf, has commended the Nigerian Government led by President Bola Ahmed Tinubu for approving the massive review and upgrade of the Kano–Kongolom Road project at a total cost of ₦334 billion. The approval was granted by the Federal Executive Council and is expected to significantly improve transportation infrastructure and economic activities across the North-West region. This was contained in a statement issued on Wednesday by the Governor’s spokesperson, Sunusi Bature Dawakin Tofa. Governor Yusuf described the decision as a historic milestone that will transform the road network in Kano and reinforce the state’s…

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Soli Philander, beloved South African actor, comedian, director, and presenter, has passed away at the age of 65Tributes have poured in from government departments, political parties, and cultural organisations all over South AfricaPhilander has been praised for his wit, warmth, and lasting impact on the arts and entertainment industryGovernment departments, political parties and civil society groups pay tribute to SA entertainment legend Soli Philander. Images: Nigel Jared/ Getty Images and @TVwithThinus/XSource: Getty ImagesWESTERN CAPE —South Africa is mourning the passing of Soli Philander, the celebrated actor, presenter, director, and comedian, who died on Wednesday, 5 March 2026, after a battle…

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President John Dramani Mahama last Friday delivered a calm but confidence-boosting assessment of Ghana’s current economic trajectory in the second State of the Nation Address of his second term. After years of hardship marked by high inflation, a weakening cedi, debt restructuring and sluggish business activity, President Mahama’s remarks echoed what many households and firms are beginning to feel on the ground and in their pockets — easing pressure. Key indicators are stabilising, macroeconomic trends are becoming more predictable and, more importantly, the early signs of a genuine recovery are emerging. Realities beyond the jargon Though economic jargon can sometimes…

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For many women returnees in Ghana, reintegration begins with recognition, because without proof of identity access to opportunity remains out of reach. Photo: IOM/Angela Bortey For thousands of Ghanaian women who return home after difficult journeys abroad, arrival in their own country does not guarantee a fresh start. Without a Ghana Card, they remain invisible to the very systems designed to help them rebuild. The Ghana Card, issued by the National Identification Authority (NIA), is the legal cornerstone of daily life in Ghana. It determines access to banking, mobile financial services, healthcare registration, voter rolls, and social protection programmes. For…

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By Grace Yayra KagatseAccra, March 05, GNA – Ghana spends six billion cedis annually to manage waste and sanitation but more resources are needed for cleaner communities, according to the Environment for Development (EFD),University of Ghana.A research findings of the group highlights the need for increased investment in waste management, citing significant economic and health benefits.“Sanitation and waste management should be seen as an investment, not a residual expense,” says Professor Wisdom Akpalu, Director of EFD.He was presenting the findings of a research project,” An Economic analysis of the benefits of adequate investment in waste management and sanitation in Ghana.”He…

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Benni McCarthy has opened up about wanting to return to club football coaching. Photo: Gallo Images Benni McCarthy has seemingly indicated that his next managerial move will see him return to club football having been head coach of Kenya’s national team coach since March last year. While McCarthy states that his time in the job has been enriching, the more active schedules involved with club management is something that he misses, although he would be open to international management again at a later point in his career. “I want to give, and I feel that it is holding me back…

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The Electricity Company of Ghana (ECG) has assured consumers and stakeholders that its meter billing system meets international standards. This comes after concerns were raised by a section of consumers about the fast depletion of prepaid units, a phenomenon they claim was not common until recently. In a press release signed by ECG’s Communication Director, William Boateng, ECG indicated that all electricity meters deployed in the country undergo a rigorous testing and calibration process before installation. “We wish to assure the general public that all electricity meters deployed by ECG undergo rigorous testing and calibration to ensure their accuracy. Our…

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Ghana international Antoine Semenyo has earned a Premier League Player of the Month nomination for February following a string of impressive performances for Manchester City.Since joining the club from AFC Bournemouth in January, the 26-year-old has quickly become a pivotal figure.Semenyo found the net three times last month, scoring in a 2-2 draw against Spurs and helping secure wins over Fulham and Leeds United. He also set up a goal for Nico O’Reilly in the victory against Fulham.The former Bristol City forward has showcased his versatility, featuring both in midfield and as a centre-forward.In just eight appearances for Manchester City,…

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  The negative spectre of vote-buying in our political architecture, though a reality, is yet to receive the robust reversal procedures from stakeholders. As a feature of our democracy, unfortunately, it has made the occupation of competitive politics a preserve of the rich, an exclusion zone for the non-wealthy yet endowed with game-changing ideas and the passion for service to God and country. Those who are not rich enough to organise motorbike donations yet want to venture into this expensive occupation can only turn to borrowing money to be part of the equation. Members of Parliament (MPs) often complain about…

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The spokesman of the House of Representatives, Mr Akin Rotimi, has said the agitation for the establishment of state police can only materialise through the amendment of the 1999 Constitution, stressing that no implementation can take place without legislative action by the National Assembly. Rotimi’s position comes amid growing national debate over the decentralisation of policing in Nigeria as the country continues to grapple with widespread insecurity, including banditry, terrorism, kidnapping and communal clashes across several states. However, speaking with our correspondent on Thursday, Rotimi cautioned that no formal steps towards implementation can occur without the required constitutional amendments. He…

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The author, Telviva’s Rob Lith Voice is the most unforgiving channel in business communication. It may seem odd to read that because, as we know, before telephones were invented, everything was face-to-face and involved speech, and then, for most the modern age, a good proportion of business affairs were conducted over the telephone. The internet disrupted this. Unlike e-mail, messaging or even video, where delays, hiccups or some imperfections tend to be tolerated, voice demands immediate clarity. A garbled sentence or a missed word during an urgent client call adds to the anxiety and stress and can derail outcomes. Hybrid…

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Former world silver medalists Noah Kibet and Jacob Krop are among six athletes (three male and three female) selected to represent Kenya at the World Indoor Championships in Kujawy Pomorze, Poland, from the 20th to the 22nd of this month. The team features a blend of experienced and emerging athletes across sprints and middle-distance races. Kibet, who bagged silver in the 2022 World Indoor in Serbia, will compete in the 800 m, alongside 5,000 m world silver medallist Jacob Krop, who will run in the 3,000 m, while Brian Tinega will battle in the 400 m. Olympian Susan Ejore will…

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Adenta Kumi   Alfred Ababio Kumi, popularly known as ‘Adenta Kumi’, has officially announced his intention to contest the National Youth Organiser position of the New Patriotic Party (NPP), when nominations open on August 10, 2026. The NPP will hold its national officers’ elections from September 18 to 20 to elect new leaders to help steer the affairs of the party, as its Presidential Candidate, Dr. Mahamudu Bawumia, prepares to wrestle power from the ruling National Democratic Congress (NDC) in 2028. Mr. Kumi, who made the announcement during a press conference in Accra, pledged to revitalise the party’s youth base…

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By Adama Fuseini I remember my Social Studies classes vividly, sitting there as a child, learning Ghana’s history not as distant events but as living moments. I learned how we were colonized, how our dignity was stripped, and how Osagyefo Dr. Kwame Nkrumah stood before the world and declared: “At long last, Ghana is free forever.” That stayed with me. It still does. What shaped me even more was his conviction that Ghana’s independence was incomplete if other African countries remained under colonial rule. That belief stretched my imagination beyond borders. It taught me that freedom is collective, not selfish.…

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Former Medeama star Nurudeen Abdulai says he is grateful after scoring his first goal for Dunfermline Athletic in their Scottish Championship clash against Partick Thistle. The Ghanaian defender found the net during the match at KDM Group East End Park, marking a significant moment in his career since joining the club from Medeama SC in September. Reacting after the game, Abdulai expressed happiness about the goal and stressed that helping the team remains his main focus. “I think it’s a good day for me today and I think thankful for this goal,” he said. “I think as a player you…

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The founder of Mountain of Liberty and Miracle Ministry, Chris Okafor, has claimed that he made a public apology to Nollywood actress Doris Ogala under pressure. Speaking during a recent church service, Okafor stated that he has decided to withdraw his apology to Ogala, who accused him of being in a seven-year secret relationship with her. He explained that his apology was not directed at Ogala, but was meant to protect respected church leaders from being dragged into the controversy. According to him, he initially resisted issuing an apology because he believed it would be interpreted as an admission of…

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A South-South socio-political group, the Niger Delta Civil Society Forum, has strongly condemned what it described as coordinated and malicious social media attacks against the Federal Government-contracted private pipeline surveillance outfit, Tantita Security Services Nigeria Limited, and its leadership. The forum noted with concern that those behind the attacks were oil thieves and economic criminals whose illegal operations had been dismantled. The NDCSF also called on President Bola Tinubu to remain firm and ignore what it described as the noise of disgruntled elements masquerading as concerned citizens. It maintained that smear campaigns against Tantita and its management would not stop…

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A combination of favourable economic factors in South Africa is offsetting the potentially negative impact that might arise from the uncertain global geopolitical environment, FirstRand CEO Mary Vilakazi said Thursday. Speaking at the release of the group results for the six months to December 31 – FirstRand owns well-known South African financial brands such as FNB, Wesbank, and RMB – Vilakazi said they anticipate that current levels of global geopolitical fracturing and uncertainty, including the crisis in the Middle East, are not expected to abate in the short term. The geopolitical uncertainty might create negative economic effects such as higher…

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British American Tobacco (BAT) Kenya has announced new appointments in its senior leadership, naming Sidney Wafula as the incoming Managing Director and Catherine Chepkong’a as the new Finance Director. Wafula will take over as Managing Director on June 16, 2026. He previously served as Finance Director at BAT Kenya and currently holds the position of Finance Director for BAT Sub-Saharan Africa. He has been part of the BAT Group since 2006 and has held several senior finance roles during that time. His past positions include Head of Finance for BAT Egypt in Cairo and Finance Director for BAT Kenya. Wafula…

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play videoJoe Ghartey is a former Second Deputy Speaker of Parliament Joe Ghartey, a former Attorney General and Minister of Justice, has urged members of the New Patriotic Party (NPP) to bury their differences, and rally behind Dr Mahamudu Bawumia, to ensure victory for the NPP in the 2028 general elections. Specifically, Ghartey, the NPP’s longest-serving Member of Parliament (MP) for the Essikado-Ketan Constituency, appealed to members of the New Patriotic Party in the Central Region to form a united front for the best interest of the party.Ghartey made the appeal while delivering a speech at an NPP reconciliation forum held…

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Ghana U15 national team coach Fatawu Salifu has shared his heartfelt appreciation for the Ghana Football Association (GFA) President, Kurt Okraku, highlighting how his efforts are reshaping the future of football coaching in Ghana. Fatawu explained that under Okraku’s leadership, there has been a strong focus on improving the skills and qualifications of football coaches across all levels. This new emphasis on coach development means coaches like him receive better training, resources, and support to guide young talents effectively. The coach recalled past challenges where lack of proper mentorship limited growth, but now the atmosphere is different—more hopeful and inspiring.…

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Media entrepreneur and publisher of Ovation magazine, Dele Momodu, has disclosed that he lost more than $500,000 after venturing into the restaurant business in Accra, Ghana. Speaking on the podcast Building Wealth with Femi, Momodu said the loss came as a result of his attempt to diversify investments beyond publishing. “The time I lost money was when I tried to diversify. People always think that diversification means you will make more money. No, unless you are very lucky, you can lose all your money while trying that,” he explained. Momodu revealed that he established a restaurant called House of Ovation…

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Officers of the Preventive Unit of the Customs Division of the Ghana Revenue Authority (GRA) have intercepted and seized 560 units of CHANG FANG diesel engines at the Golden Jubilee Terminal at Tema Port, in what authorities suspect to be equipment intended for illegal small-scale mining, commonly known as galamsey. The seizure was made during a routine cargo inspection after vigilant customs officers flagged the consignment for further examination. According to officials, the engines, powerful industrial diesel units commonly used to power water pumps and dredging equipment at illegal mining sites, were concealed in a container shipment believed to be…

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