Author: Ghana News
Ghana’s Minister for Sports and Recreation, Kofi Adams, has revealed a budget of $13,776,965 (GH¢146,268,659.80) for the Black Stars’ participation in the 2026 FIFA World Cup. The tournament, which will be staged across the United States, Canada and Mexico in June, has placed Ghana in Group L alongside Panama, England and Croatia. Presenting the breakdown on Thursday, February, 26 before Parliament’s Youth and Sports Committee, Mr Adams detailed how the funds would be allocated, from pre-tournament preparations to potential progression through the knockout stages. Pre-tournament activities account for $1,230,465 (GH¢13,063,723.90). This includes a FIFA-approved training camp and four international friendly…
1 The Bauchi State Police Command has announced a major security deployment across troubled communities in Alkaleri Local Government Area, of the state following renewed security concerns in parts of the council. Addressing journalists at the State Police Headquarters on Yandoka Road, Bauchi, the Police Public Relations Officer, SP Nafiu Habib, speaking on behalf of the Commissioner of Police, CP Sani Omolori Aliyu, said the Command in collaboration with other security agencies, has launched coordinated operations in Gwana, Digare, and Kafin Duguri to combat criminal activities and restore calm. According to the Police Commissioner, the joint operation involved the Nigeria…
play videoPatricia Osei Boateng is a Ghanaian Kumawood actress Fresh details have emerged following reports of a police manhunt for Kumawood actress Patricia Osei Boateng, after the arrest of four suspects linked to the robbery and murder of Andrew Amankwa.Recently, on February 26, 2026, GhanaWeb reported that the actress was declared wanted by the Police for her alleged involvement in the incident at Ohwim Tigo Junction in Kumasi.In the latest development, Boateng, who is reportedly the wife of ‘Duku’, a suspected armed robbery gang leader, has, through her lawyers, signalled readiness to assist with investigations. Actress Patricia Boateng wanted over…
Baffour Akoto Osei, also known as Daasebre Akuamoah Boateng III The simmering Kwahu chieftaincy dispute in the Eastern Region has escalated into a full-blown legal battle following the formal service of a contempt application on Baffour Akoto Osei for allegedly breaching a binding order issued by the Eastern Regional House of Chiefs (ERHC).The self-styled chief, Baffour Akoto Osei, also known as Daasebre Akuamoah Boateng III, was on Tuesday, February 24, 2026, served with a contempt suit filed at the High Court of Ghana sitting in Koforidua. He is accused of deliberately defying a subsisting injunction imposed by the Eastern Regional…
Cocoa is a key export commodity for Ghana and Ivory Coast Ivory Coast plans to bring forward the start of its cocoa mid-crop season for the first time ever, allowing the regulator to sharply reduce its set price paid to farmers in hopes of boosting sales, two government sources and two regulator sources told Reuters.The measures are intended to help the world’s biggest producer address a crisis of excess stock resulting from a slump in global prices. The drop has made Ivorian cocoa too expensive, resulting in unsold bags of cocoa beans piling up both inland and at the country’s…
Member of Parliament for Bekwai, Ralph Poku-Adusei The New Patriotic Party (NPP) Member of Parliament for Bekwai, Ralph Poku-Adusei has accused the National Democratic Congress (NDC) government and the current leadership of the Ghana Cocoa Board (COCOBOD), led by CEO Dr Randy Abbey, of mismanaging the sector and prioritising luxury expenditures over the welfare of cocoa farmers. In a February 23, 2026, interview on Abusua FM, Poku-Adusei detailed what he described as a pattern of poor decisions that have left farmers unpaid and deceived despite earlier promises.The MP refuted efforts by the NDC to pin the ongoing cocoa crisis primarily…
The officer said her father was initially told his file couldn’t be found A senior officer of the Ghana National Fire Service (GNFS) has recounted how her retired father was forced to pay a bribe to receive his pension benefits.Speaking at a National Commission for Civic Education (NCCE) dialogue focused on strengthening the rule of law and combating corruption, the officer explained that her father had always vowed, as a committed Christian, never to engage in bribery. However, circumstances left him with little choice if he wanted to access the pension he had earned after years of work.In a video…
Wia dis foto come from, @SympLySimi/X26 February 2026Read am in 5 minsLagos State Domestic and Sexual Violence Agency on Thursday, tok say dem don refer one mata wey involve Nigerian musician Simisola wey pipo sabi as Simi to di Lagos State Commissioner for Police and taskforce for preliminary investigations. Executive Secretary of Lagos State (DSVA), Titilola Vivour-Adeniyi tok inside one interview wit Channels TV on Thursday morning. She explain say dem don commence investigation on di allegations based on Tweets wey Simi bin make between 2012 and 2014.She explain further say, dem go need victims make dem come forward with…
Home » Destination News » Nigeria Joins Zimbabwe, Kenya, Mozambique, Ghana, Lesotho, and More in Driving South Africa’s Historic Tourism Surge, Reaching One Million One Hundred Thirty-Three Thousand Visitors in January 2026, Revolutionizing Leading Travel Destinations with Unstoppable Growth and Unprecedented Demand Published on February 27, 2026 Image generated with AiIn January 2026, South Africa set a new tourism milestone with 1,133,000 visitors, driven by an unprecedented surge from neighbouring countries such as Nigeria, Zimbabwe, Kenya, Mozambique, Ghana, and Lesotho. These nations, with their thriving economies and expanding middle class, have significantly contributed to this historic growth, transforming South Africa…
MOD AUCTION NOTICE Kenya Ministry of Defence
Michael Okyere Baafi, the Member of Parliament for New Juaben Michael Okyere Baafi, the Member of Parliament for New Juaben South and Ranking Member on Parliament’s Trade, Industry and Tourism Committee, has alleged that the appointment of Larry Gbevlo-Lartey as Special Envoy to the Alliance of Sahelian States by President John Dramani Mahama marks the beginning of Ghana’s downfall in terms of security.According to Baafi, the President’s association with the Alliance of Sahelian States is the cause of Ghana’s current problems.Speaking in an interview on Lawson TV, footage of which has been widely shared on social media, Baafi stated that…
Ghana is making their fifth World Cup appearance The Minister of Sports and Recreation, Kofi Adams, has confirmed that Ghana is in discussions with Wales to arrange a pre-2026 World Cup friendly.The Black Stars are set to compete in this summer’s tournament, co-hosted by the United States, Canada, and Mexico.Head coach Otto Addo has already scheduled warm-up matches against Austria on March 27 at Vienna’s Ernst Happel Stadium, followed by a clash with Germany on March 30 in Stuttgart.Ghana will also face Mexico in May, though the venue and date are yet to be confirmed by the Ghana Football Association…
Michael Okyere Baafi, the Member of Parliament for New Juaben Michael Okyere Baafi, the Member of Parliament for New Juaben South and Ranking Member on Parliament’s Trade, Industry and Tourism Committee, has alleged that the appointment of Larry Gbevlo-Lartey as Special Envoy to the Alliance of Sahelian States by President John Dramani Mahama marks the beginning of Ghana’s downfall in terms of security.According to Baafi, the President’s association with the Alliance of Sahelian States is the cause of Ghana’s current problems.Speaking in an interview on Lawson TV, footage of which has been widely shared on social media, Baafi stated that…
The South African Tug-of-War Federation celebrates the capping of its Indoor Tug-of-War President’s Team, showing the growth of the sport in South Africa. Cape Town, South Africa (26 February 2026) – On Saturday, 21 February 2026, Cape Town welcomed a historic occasion as South Africa’s Indoor Tug-of-War President’s Team was officially capped, marking a milestone in the revival of a sport rarely in the spotlight. The capping not only acknowledged the athletes selected for the national squad but also celebrated the coaches, partners, and communities who have nurtured and rebuilt the indoor code in the country. Many of the…
Home » VISA AND PASSPORT NEWS » Tanzania Joins Uganda, Rwanda, Kenya, Burundi, South Sudan, and More as Somalia Unveils EAC Passport, Revolutionizing Regional Collaboration, Trade Partnerships, Economic Growth, and International Mobility, Unlocking Limitless Opportunities Across East Africa Published on February 27, 2026 Image generated with AiIn a groundbreaking move, Tanzania has joined its East African neighbors—Uganda, Rwanda, Kenya, Burundi, and South Sudan—as Somalia officially unveils the East African Community (EAC) Passport, a new era in regional collaboration and international mobility. This initiative aims to reshape the dynamics of trade partnerships, foster economic growth, and open doors to limitless opportunities…
People take part in a demonstration against pollution caused by chemical factories, in Gabes A Tunisian court on Thursday rejected demands to suspend operations at a fertiliser factory in Gabes, ruling there was “no sufficient proof of harm” despite years of protests blaming the plant for rising health problems in the community.Mounir Adouni, head of the Gabes bar association that filed the legal action, said the court found “allegations of pollution lacked technical and scientific evidence.”The bar association will appeal Friday, as no date has been set for a final ruling.Pollution concernsAn African Development Bank audit last July reported “major…
Stack of newspapers | File photo Below are some of today’s major news headlines: Daily GuidePirates attack Senya Bereku fishermenSML/GRA Scandal: US Justice Dept gets Ofori-Atta extradition papersSeven arrested over fake traffic violation paymentNurses, midwives demand ‘missing salary arrears’GIIF was part of sky train consortiumDaily GraphicStanbic Bank leads $205m financing for E&PSONA to focus on policy initiatives, economic stabilisationMore doctors accept postings to deprived regionsProducer price reduction threat to cocoa farmers’ survival, cocoa industry – Aggrieved farmers declareRelease GH¢60bn pension funds for 24-Hour EconomyThe ChronicleBawumia’s gold ideas rebranded – KON takes on government FBN bank directors, legal officer cited for…
Former Asante Kotoko SC head coach Maxwell Konadu has hinted that pressure comes managing the two most glorious Ghanaian clubs, Asante Kotoko SC and Hearts of Oak SC hence they will need a topnotch trainer with huge character to handle the clubs.He’s commentary comes on the back of his former club Kotoko, parting ways with Abdul Karim Zito and now in the market for next permanent tactician. Currently, the Porcupine Warriors is managed by assistant coach Yaw Prince Owusu on interim base – till 2025/26 season ends.Following that, Maxwell Konadu has highlighted the criteria for selecting a permanent trainer to…
Ghana loses more than GHS 6.2 billion each year to diseases linked to poor waste management and sanitation, a new study by the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana has revealed. The findings were presented at a high-level stakeholder engagement in Accra on Thursday, 26 February 2026. The forum brought together policymakers, Members of Parliament, local government officials, development partners, and private-sector actors to examine the economic case for increased investment in sanitation. The research, led by Prof. Peter Quartey and Dr Kwame Adjei-Mantey, is titled An Economic Analysis of the Benefits of…
By Hannah Dadzie The Ministry of Foreign Affairs has dismissed viral reports suggesting it has approved a plan for officials of the Driver and Vehicle Licensing Authority (DVLA) to travel abroad to offer driver’s licence registration and renewal services to Ghanaians living in the diaspora. In a statement issued on Thursdat, February 26, 2026, the Ministry clarified that it has not granted approval for any such arrangement in countries including the United States of America, Canada, United Kingdom, The Netherlands and Germany. According to the Ministry, it has neither issued directives to Ghana’s diplomatic missions abroad nor sanctioned any entity…
Manchester United have confirmed sacking Ruben Amorim could end up costing the club almost £16m.The Portuguese was dismissed on 5 January following his public attack on the club’s hierarchy after a 1-1 draw at Leeds the previous day.The figure was released in a filing to the New York Stock Exchange on Thursday, a day after the club confirmed they had made a profit of £32.6m in their second-quarter results to 31 December 2025.Listed as an “event that occurred after the reporting period”, United confirmed an amortised fee of £6.3m – which related to the cost of getting Amorim to Old…
Major security and political developments dominated the headlines as a police witness revealed that over 200 armed men invaded the Yelwata community, while the Senate rejected a proposed amendment to the Electoral Act despite opposition pressure. In a significant electoral update, the Independent National Electoral Commission announced a shift in the 2027 general elections to January and February and released a revised timetable for the exercise. In Lagos, authorities shut sections of the Lekki–Epe Expressway for repairs, even as a Senate panel ordered a probe after inspecting the burnt terminal at the Murtala Muhammed International Airport. On the international sports…
Education funding increase of 2.44% fails to meet South Africa’s urgent needs, says Kagiso Trust
Kagiso Trust expressed disappointment at the recent 2.44% increase in education funding announced by Finance Minister Enoch Godongwana.With the cumulative allocations to basic and higher education remaining significantly below the levels required to address systemic issues, the Trust cautioned that South Africa’s economic future hangs in the balance if these inequalities are not rectified.In his Budget Speech, Godongwana allocated R358.5 billion to basic education and R155.8 billion for higher education.Despite recognising education as a critical lever for breaking the cycle of poverty, Kagiso Trust Chief Financial Officer Mzomhle Nyenjana said that these funds fall short of necessitating transformative change.“The scale…
Nairobi City Thunder To Fly Kenya’s Flag High At The 2026 Basketball Africa League | Streamline Feed
Kenyan basketball champions Nairobi City Thunder are officially set to compete against the continent’s elite in the 2026 Basketball Africa League (BAL) season, tipping off this March in Pretoria, South Africa. The pride of Kenyan hoops has secured its ticket to the big dance. Nairobi City Thunder will represent the nation on the grandest stage of African club basketball, showcasing local talent against heavily funded continental powerhouses. Thunder’s qualification is a monumental milestone for Kenyan sports development. It proves that despite historic challenges in infrastructure and funding, the domestic league is producing teams capable of breaking onto the global radar.…
Piesie Esther is a Ghanaian gospel singer Though musicians within the gospel fraternity often hold differing opinions on collaborating with secular artistes, gospel musician Piesie Esther has disclosed that she is yet to take a stance on working with them.Speaking on Joy Prime on February 25, 2026, she weighed in on one of the most talked-about issues in Ghana’s gospel music industry, collaborations between gospel and secular musicians.When asked whether she would consider recording a song with a secular artiste, Piesie Esther responded cautiously, “I have not made up my mind yet to make music with secular musicians,” she stated.Asked…
According to Alhaji (R), some individuals allegedly provided financial support to Mahama (L) Alhaji Ishaq Kyei Brobbey, an Ashanti Regional Communications Director hopeful for the New Patriotic Party (NPP), has alleged that some members of the party secretly supported President John Dramani Mahama during the 2024 general election against former Vice President Mahamudu Bawumia.According to him, Dr Bawumia, who contested on the ticket of the NPP, was deliberately targeted by certain individuals within the party to lose the election. He claimed that these individuals allegedly provided financial support to Mahama to secure victory.Speaking in an interview shared on social media,…
Kofi Adams is the Minister of Sports and Recreation The Minister of Sports and Recreation, Kofi Adams, has announced a proposed budget of GH¢ 146,268,659.80 for the Black Stars as they prepare for the 2026 FIFA World Cup this summer.The allocation, just under $14 million, is designed to cover all aspects of the team’s participation, including training camps, logistics, player bonuses, technical staff expenses, and tournament-related activities.The Ministry indicated that this budget assumes a full-competition scenario, contingent on Ghana advancing through all stages of the tournament.A more detailed breakdown of expenditures and funding arrangements will be shared as preparations intensify…
Whatsapp Image At Am The Eastern Regional Minister, Mrs. Rita Akosua Adjei Awatey, on Thursday February 26, 2026 commissioned a Cassava Processing Factory at Nteso in the Fanteakwa North District. The factory, built at a cost of GH¢446,974.90, will process cassava into gari, create jobs and boost the local economy. The project was a collaboration between the Fanteakwa North District Assembly and the United Nations Capital Development Fund (UNCDF).The Minister said commissioning the factory marks a significant milestone in the economic transformation of he district and the region at large because it will address challenges faced…
Prudential Bank Limited distributed chocolates to customers across its branches nationwide in February as part of activities marking National Chocolate Month. The Ghana Tourism Authority and the Cocoa Processing Company designate February as National Chocolate Month to encourage the consumption of locally produced chocolate and promote Ghana’s cocoa industry. The initiative seeks to increase domestic consumption of cocoa products and support local manufacturers. Customers who visited Prudential Bank branches during the month received chocolates. Acting Managing Director of the Bank, Ebow Quayson, said the initiative aligns with efforts to promote local industry and recognise customers. He noted that cocoa remains…
LASUED Collaborates with CAC to Facilitate Student Business Registration – Nigeria Education News
The Lagos State University of Education (LASUED), Oto/Ijanikin, through its Directorate of Entrepreneurship and Skills Development (DESD), has partnered with the Corporate Affairs Commission (CAC) to organize a business registration drive for students. The exercise, held on Thursday, February 12, 2026, at the E.T.F Hall, attracted officials from the commission, university staff, and a large number of students eager to formalize their business ventures. The initiative was designed to assist students in registering their businesses officially, in line with the university’s commitment to promoting entrepreneurship, innovation, and self-reliance among undergraduates. In her address, the Vice-Chancellor of LASUED, Professor Bidemi Bilkis…
Thousands of South African jobs at risk, and SANDF kicked off Iran naval exercise probe – Newsday
Today, 27 February, the rand is trading at R15.90 to the dollar, stronger than R15.91 at the close of business on Thursday. Minister of Mineral and Petroleum Resources Gwede Mantashe will return to the Ekapa mine in Kimberley today, where five miners are presumed dead after a mudslide trapped them in the mine. The company was forced to cease operations with immediate effect and has since applied for liquidation, but the rescue mission is still ongoing. In the Johannesburg High Court, two men linked to the looting of Tembisa Hospital will return to court today. The Special Investigating Unit has…
NAIROBI: POLITICAL tensions and very strong words from former leaders are already rising as Kenya prepares for the 2027 elections. What seems to be a typical political discussion often appears at public gatherings, in church forums and in the media, indicating that things are tough on the ground. What isn’t covered in detail, though, is how the opinions of past leaders who held the top government positions may affect the nation’s economy, directly or indirectly. What Kenya needs to understand is that the modern economy is fuelled by confidence, expectations and policy predictability in addition to production numbers and tax…
Lumba’s family head says only Asantehene can remove him from his position Victor Kofi Owusu, the family head of late Ghanaian Highlife legend Daddy Lumba, has addressed calls from some members of the singer’s family demanding his removal.Speaking in an interview on Ezra TV on February 26, 2026, Kofi Owusu emphasised that no one can remove him from his position as a family head except the Asantehene.Addressing Mama China, a leading advocate for his removal, he made it clear that she is not a member of the Ekuona family. He further explained that even if two Ekuona members had joined…
Boakye Kyeremanteng Agyarko is aspiring to be National Chairman of NPP A national chairmanship aspirant of the Boakye Kyeremanteng Agyarko, has declared his intention to rebuild the New Patriotic Party (NPP) into a formidable election-winning machine ahead of the next general elections.Speaking on OTEC FM’s afternoon political show Dwabrem on Thursday, February 25, 2026, hosted by Prince Nii Ardey, popularly known as Dr Cash, Agyarko stressed the urgent need to restore the party’s solid foundation and discipline.“I want to rebuild the NPP to its solid strength,” he stated. “The party needs people like me to build it into an election-winning…
Lookman joined Atletico Madrid in the January transfer window Italian football agent, George Gardi has explained why Ademola Lookman didn’t join Victor Osimhen at Galatasaray.Recall that Galatasaray were keen to sign Lookman from Atalanta in the last two transfer windows.Osimhen even revealed that he was talking to his fellow Nigerian international teammate to join him at Galatasaray.However, Lookman ended up joining Atletico Madrid in the January transfer window.Speaking on the development, Gardi, who played a role in many important transfers for Galatasaray, said that Lookman could have joined Osimhen at Galatasaray after his deal to join Inter Milan collapsed, but…
The Accra Regional Police Command has announced it will strictly enforce a High Court order prohibiting the “Stop Galamsey” demonstration scheduled for Friday, February 27, 2026.The court granted the order for prohibition on February 24, citing concerns over public order and safety.Authorities noted that the planned protest coincides with the State of the Nation Address, creating potential security conflicts.The police addressed circulating social media reports from the conveners claiming they had not been formally served with any court processes.A February 26 statement released by the Greater Accra Regional Police Command said the order of prohibition was duly served on the…
If He Wants To Die, Let Him Die – Helen Ati Vows To Stop Providing For Chief Priest’s Alleged Son
Helen Ati, the alleged babymama of businessman Pascal Okechukwu also known as Chiefpriest has shared a disturbing live video amid her long-running paternity dispute with the socialite. Naija News reports that in the video, she appeared visibly emotional as she shared her frustration over alleged abandonment and financial struggles related to the child she claims is his. During the session, Hellen expressed that she could no longer provide for the boy and insisted that Chief Priest take responsibility by coming forward for a DNA test. Ati said she could no longer care for the child herself and that she might…
Osun State Police Command has confirmed the rescue of 15 foreign nationals believed to have been trafficked into Nigeria. This was confirmed in a statement by the Commissioner of Police, CP Ibrahim Gotan and issued by the Command’s spokesperson, DSP Abiodun Ojelabi on Thursday. The Command said operatives of the State Intelligence Department acted on credible information to uncover the suspected trafficking network. According to the police, “the victims were discovered in a three-bedroom apartment located at Adeleke Estate in Osogbo, where they were allegedly being held under suspicious circumstances prior to the intervention. “Preliminary findings indicated that the individuals…
Team India (Pic credit: BCCI) NEW DELHI: The Super 8 stage of the ICC Men’s T20 World Cup has reached its decisive phase, and the latest points table leaves defending champions India with a clear equation — beat West Indies on Sunday and book a place in the semi-finals.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Group 1 witnessed a dramatic shake-up on Thursday. South Africa stormed into the last four with a commanding nine-wicket win over West Indies in Ahmedabad, chasing down 177 in just 16.1 overs. A blistering 95-run opening stand between Aiden Markram (82 not out)…
Talanta Sports City Stadium is a state-of-the-art football venue built to world-class standards that will play a key role in the 2027 Africa Cup of Nations. The Talanta Sports City Stadium is a bold statement of Kenya’s sporting ambitions ahead of the 2027 Africa Cup of Nations, set to be co-hosted by Uganda and Tanzania. Located at Jamhuri Grounds in Nairobi, the world-class facility was designed from the ground up to redefine the African stadium experience. In this article, Pulse Sports Kenya breaks down some of the unique features that elevate Talanta Stadium to world-class status. 1) The ‘Football-First’ Compact…
Former Chief Justice Sophia Akuffo (L) in a photograph with former president Nana Addo Former Chief Justice Sophia Akuffo has recounted the events that led her to join a protest against the administration of former President Nana Addo Dankwa Akufo-Addo.Akuffo, who participated in a picketing exercise in 2023 over the Domestic Debt Exchange Programme (DDEP), revealed that she joined the demonstration through a friend.Speaking in an interview on Joy News on February 26, 2026, she explained, “Fortunately, I saw that there were some people picketing and I saw somebody I knew on that picket line. I phoned her and said,…
The Ministry of Sports and Recreation has confirmed that the proposed budget for the Ghana national football teamahead of the 2026 FIFA World Cup campaign could reach GHS 146,268,659.80 should the team qualify for the tournament and progress to the final. The figure, which converts to a little under $14 million, forms part of financial projections outlined for Ghana’s participation in the global competition, covering preparation, logistics, bonuses, player welfare, technical expenses, and tournament-related activities. According to the Ministry, the projected amount represents a full competition budget scenario, dependent on the Black Stars advancing through all stages of the tournament. Further details regarding budget breakdowns…
Kenyan young adults rank third out of 84 countries in mental health, defying a widening global crisis that now affects more than four in ten of their peers worldwide and threatens long-term workforce productivity. •That is the central finding of the 2025 Global Mind Health Report published by Sapien Labs, a Washington, D.C.- nonprofit that surveyed nearly one million internet-enabled respondents across Asia, Africa, Europe and the Americas. •The report shows that 41% of young adults aged 18 to 34 globally fall into what it terms a “mind health crisis,” with impairments across emotional regulation, cognition, social functioning and physical…
Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness and Industry, has stressed that a secure, stable, and predictable customs system is central to Ghana’s trade competitiveness and industrial growth. Mrs Ofosu-Adjare made the remarks at a ceremony to mark the ISO/IEC 27001:2022 certification of Ghana Link Network Services Limited’s new Tier IV data centre, which now hosts the Integrated Customs Management System (ICUMS). She said Ghanaian traders, manufacturers and agribusiness operators depended on efficient and reliable systems to move goods across borders without avoidable delays. “Our traders, manufacturers and agribusinesses succeed when the trading environment is predictable, efficient and trustworthy,” she stated.…
A lot is set to change in the way and manner Nigeria’s oil and gas revenues are remitted and accounted for – and about time, too. Under the current framework, the country’s main energy parastatal, the Nigerian National Petroleum Corporation Limited (NNPCL) retains 30% of the Federation’s oil revenues as a management fee on a variety of fees and contracts – as well as 20% of its profits to cover working capital and future investments – including so-called ‘frontier explorations’. Experts in the energy sector have long argued that the 30% NNPCL management fee devoted to exploration (some of it…
Thousands of jobs could be cut in South Africa if major smelters do not get their wish for significantly discounted electricity prices. Trade union Solidarity said that if Eskom or the Minister of Electricity do not come forward at the eleventh hour with solutions regarding electricity tariffs, thousands of employees will face great hardship. Last year, ferrochrome smelters across South Africa said that they would retrench thousands of employees amid failures to address rising electricity costs. For instance, the Glencore-Merafe joint venture announced that 2,400 workers at its Boshoek and Wonderkop smelters would be retrenched. Eskom reached agreements with Samancor…
US Trade Representative Jamieson Greer with Kenya’s Trade CS Lee Kinyanjui during a past meeting/ FILEKenya and the US have concluded the first round of consultations on a reciprocal trade agreement, as the former seeks long-term gains beyond AGOA.The country seeks to secure preferential trade terms beyond December, when the Agoa Act, which has been renewed for one year, expires.President Donald Trump on February 3 signed into law the legislation that reauthorised the African Growth and Opportunity Act (Agoa) trade preference programme through December 31, 2026, with retroactive effect to September 30, 2025. Trade PS Regina Ombam this week led a…
The entire tree crops segment brings in roughly $750 million The Chief Executive Officer of the Tree Crops Development Authority (TCDA), Andy Osei Okrah, says the $500 million commitment by President John Dramani Mahama to expand oil palm cultivation marks a decisive step toward transforming Ghana’s tree crops sector into a key driver of economic growth.The funding will support the development of 100,000 hectares of new oil palm plantations, a programme projected to create around 250,000 jobs while helping the country diversify its agricultural base and reduce long-standing dependence on cocoa exports.Speaking on the Asaase Breakfast Show on Thursday, Okrah…
The Ghana Boxing Federation (GBF) has officially introduced a new logo in what leaders describe as the beginning of a rebranding drive aimed at repositioning the sport for the future.The unveiling ceremony took place on Thursday at the Media Centre of the Accra Sports Stadium, drawing executive board members, finalists of the 2025 National Individual Amateur Boxing Championship, and key stakeholders within Ghana’s sporting fraternity.Director General of the National Sports Authority, Yaw Ampofo Ankrah, graced the occasion and used the platform to call for greater investment in amateur boxing and grassroots sports development. He praised the finalists for their dedication…
Jubilee House To Host 69th Independence Celebration Peacefmonline.com
