Author: Ghana News
Speaking during a results call on Wednesday, chief financial officer Sayurie Naidoo said the funds remained inaccessible due to Zimbabwe’s retention policy, which requires exporters to convert 30 percent of their foreign currency earnings into local currency. “It’s about $100 million that hasn’t been able to be accessed by us,” Naidoo told analysts, adding that the company is now receiving partial payments and expects further remittances in the coming months. Zimbabwe’s Ministry of Finance and the Reserve Bank did not immediately comment. Authorities have previously cited cash flow constraints for the payment delays, according to the country’s mining chamber. The…
As East Africa’s largest economy navigates post-pandemic recovery and debt management, the Kenyan business landscape in 2026 is defined by a resurgence in capital markets, innovative agribusiness, and strategic global trade partnerships. The nation is aggressively pivoting towards domestic wealth mobilization, seeking to profoundly empower grassroots investors while simultaneously securing highly lucrative international agreements. This critical economic inflection point dictates that Kenya must intelligently balance the crippling realities of global inflation against the immense, untapped potential of its deeply innovative youth demographic and naturally resilient agricultural sectors. According to comprehensive, up-to-date news coverage aggregated by The Kenyan Wallstreet, the financial…
Kassim Awudu and his Nigerian girlfriend have been found dead in their apartment in Morocco A Ghanaian man identified as Kassim Awudu and his Nigerian girlfriend have been found dead in their apartment in Morocco.According to multiple news reports, friends of the deceased went to check on him after several unsuccessful attempts to reach him. With the assistance of the landlord, they forced open the apartment door and discovered the couple lifeless inside.The cause of death remains unknown, as efforts continue to trace and inform their families.A resident in Morocco, who provided an update in an interview with Kofi TV,…
John Abdulai Jinapor commissions MBH Power’s meter plant, backing local energy growth. The meter manufacturing facility of MBH Power Ghana Ltd has been officially commissioned by the Minister of Energy and Green Transition, John Abdulai Jinapor, who called it a huge advancement for Ghana’s energy sector and industrial development.Speaking as the Special Guest of Honour at the commissioning ceremony held on February 25, 2026, Dr Jinapor said the facility represents an important milestone in strengthening Ghana’s electricity value chain. He indicated that the establishment of the plant opens doors for innovation, job creation, and increased local participation in the energy…
The Electricity Company of Ghana (ECG) has outlined key factors contributing to high electricity consumption among customers. Speaking on Asempa FM’s Ekosii Sen show, Director of Communications at ECG, William Boateng, explained that while electricity tariffs are regulated, usage patterns largely determine how much consumers pay. Mr. Boateng noted that an increase in electrical appliances, as well as the duration of their usage, significantly affects power consumption. He also highlighted that hot weather conditions drive higher usage, as cooling appliances such as air conditioners and fans are used more frequently. Household wiring and faulty meters can further impact electricity bills,…
Nigerian Grammy Award-winning Afrofusion star, Burna Boy, has converted to Islam. Naija News reports that the claim of Burna Boy’s conversion to Islam had surfaced on social media earlier, sparking widespread reactions and debate among fans and followers of the award-winning artist. The conversation began after Nigerian socialite and fashion enthusiast, Rahman Jago, shared a video of Burna Boy on 𝕏 (formerly Twitter), in which the singer was heard saying “Alhamdulillah,” an Arabic phrase commonly used by Muslims meaning “Praise be to God.” The short clip quickly gained traction online, with many users questioning whether the frequent use of Islamic expressions…
1 Hadassah Developmental Care and Nutritional Foundation has unveiled the Face of Hadassah Africa beauty contest aimed at spotlighting the beauty, courage and individuality of African girls with autism spectrum disorders. Dorcas Olowu, founder of Hadassah Developmental Care and Nutritional Foundation while speaking on the contest said that girls of African descent between the ages of 8 and 12 who have a confirmed diagnosis of autism spectrum disorder are eligible to apply and that applicants must also have their parents’ consent. On the essence of the pageant, she said that autistic children deserve to be seen, heard, and loved just…
Spur has reported another strong set of half-year results, as the restaurant empire continues to go from strength to strength. Panarottis, in particular, was a standout performer in the six-month period, growing sales by over 17% and expanding its footprint by 11 locations. While many South Africans may know the iconic restaurant chain Spur, the company also owns many other beloved restaurants in the country, including Panarottis, John Dory’s, RocoMamas, and Doppio Zero. Over the past few years, Spur and many of its brands have recorded strong performances, with the first half of its 2026 financial year no exception. On…
Kenya’s Retail and Infrastructure Sectors Witness Multi-Billion Surge streamlinefeed.co.ke
Stack of newspapers | File photo Below are some of today’s major news headlines: Daily Guide5 GRA officers interdicted over cargo transit scandal Government targets 15-month import cover with goldMinority slams government over new DACF guidelines breachNPA extortion, Buffer stock cases moved to new courtDaily GraphicWork starts on $250m KEDA glass factoryFinance Minister unveils external reserves policyWe’re confident of passing anti-money laundering framework – FIC bossGovernment probes electricity bills, meter issuesThe ChronicleEugene Boakye Antwi gets Kufuor and Nana’s endorsement to contest General Secretary positionMahama government owes district assemblies GH¢7.33bn – MinorityGIFF calls for independent probe into 18 trucks linked to…
Abu Trica was arrested in Ghana on Thursday, December 11, 2025 Following the Gbese District Court’s recent decision to remand Ghanaian socialite and businessman Frederick Kumi, popularly known as Abu Trica, into custody after his court appearance on Wednesday, February 25, 2026, new details have emerged.During proceedings, the state prosecutor outlined nine transactions allegedly linked to Abu Trica in the alleged $8 million romance scam.According to a report sighted by GhanaWeb on February 25, 2026, prosecutors have accused Abu Trica of conspiracy to commit wire fraud and money laundering, among other charges.Detailing the nine specific transactions that allegedly make up…
By: Jacob Aggrey The headlines in Ghana this week has been a haunting echo of years past. A 29-year-old engineer, in the prime of his life, dies after being shuttled between three major public hospitals. The reason? A two-word death sentence: “No bed.” As a nation, we have mourned these “preventable” tragedies for decades. From the 70-year-old man turned away by seven hospitals in 2018 to the hit-and-run victims of 2026, the script remains the same. But here is the uncomfortable truth that the Institute for Liberty and Economic Education (ILEE) must speak: The “No-Bed Syndrome” is not a failure…
As police conducted searches and secured the suspects, bystanders cheered Ghana Police Service officers have arrested a group of suspected notorious phone snatchers along the Achimota Forest overhead stretch on February 25, 2026.A video of the incident, which has gone viral on social media, shows the scene near the Achimota Forest roadside, with police vehicles parked as a crowd of onlookers gathers. The suspects, appearing dishevelled and subdued, were seen escorted by uniformed officers and plainclothes CID personnel from the bush, where they reportedly fled after snatching phones and other valuables from slow-moving vehicles near the Achimota roundabout.Police arrest three…
The Ghana Stock Exchange (GSE), according to The High Street Business report, reached a historic milestone on Wednesday, 25 February 2026, as total market capitalization soared to GH¢225.02 billion. Investors have been flocking to equities amid declining Treasury bill yields, with banking and telecommunications stocks leading the surge.The GSE Composite Index (GSE-CI) closed at 12,259.53 points, gaining 0.79% in a single session and pushing the year-to-date (YTD) return to 39.78%. The Financial Stocks Index (GSE-FSI) climbed 2.63% to 6,981.64 points, reflecting an impressive 50.23% YTD gain.Wednesday’s trading session recorded 4.59 million shares exchanged, valued at GH¢30.35 million, marking the most…
The Police Service Commission (PSC) AHEAD of the scheduled commencement of recruitment of 50,000 police Constables , the Police Service Commission has assured that candidates with verified histories of drug addiction and questionable character will not find their way into the Nigerian Police Force . The commission also announced that a total 616,873 candidates across the country applied for the recruitment exercise out of which 542,592 male applicants outnumbered female’s 114,640. Briefing journalists on Wednesday in Abuja , the chairman of the Police Service Commission’s committee on Police Matters , DIG Taiwo Lakanu Rtd said out of the total applications…
Toyota has unveiled the pricing for the new Corolla Cross GR-Sport, the flagship of the popular SUV series. The GR-Sport (GR-S) was one of eight new Toyota models that recently debuted at the company’s State of the Motoring Industry event, alongside other big names like the new RAV4 and Land Cruiser FJ. As a reminder, the Corolla Cross received a facelift last year, but the same treatment was not extended to the GR-Sport variants, until now. The revamped GR-S is now listed on Toyota South Africa Motor’s website in two specifications, and prices start at R527,000. Features The new GR-S…
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Oboy Siki (L) offered an unqualified apology to Yaw Dabo (R) after their first court appearance Kumawood actors Yaw Dabo and Oboy Siki, popularly known as Dada Santo, have reportedly resolved their defamation dispute outside the courtroom.Yaw Dabo initiated legal action against Oboy Siki after accusing him of making defamatory comments about him. But less than 48 hours after their first court appearance, Dabo agreed to discontinue the case following the intervention of the Ashanti Regional Minister, Dr Frank Amoakohene.In a video that surfaced after a meeting with the minister, both actors confirmed they would no longer pursue the matter…
Dr Yennusom Maalug has criticised the IGP Dr Yennusom Maalug, Director of Pantang Hospital, has criticised the Ghana Police Service’s current approach to tackling the country’s drug abuse crisis, describing it as unsustainable and counterproductive.Speaking on the Health segment of Amansan TV’s (A TV) Breakfast Show on Monday, February 23, 2026, Dr Maalug took issue with what he described as “Rambo-style” operations carried out by the Inspector General of Police’s Special Operations team. The operations, which often involve storming ghettos known hideouts of suspected drug users and traffickers have drawn public attention for their aggressive nature.According to Dr Maalug, these…
Ghana, the world’s second-largest cocoa producer after neighbouring Ivory Coast, relies on the crop for a major share of export earnings. Together, the two West African nations supply about half of global cocoa. However, the sector has been hit hard by two successive weak harvests, caused by diseases like swollen shoot virus and unfavourable weather patterns. At the same time, global cocoa prices have fallen sharply, from peaks around $12,000 per tonne in 2024 to roughly $4,000 now, due to softer demand and expectations of better supply ahead. Samuel Adimado, president of the Licensed Cocoa Buyers Association of Ghana, told…
The Ministries of Trade, Agribusiness and Industry, and Transport have convened an emergency meeting with cement manufacturers and key sector players to address prolonged port congestion that has left clinker shipments stranded at the harbour, causing significant financial losses to industry operators. The meeting focused on operational challenges at the port that had delayed the discharge of clinker — a key raw material in cement production—for up to three weeks. These, according to the manufacturers, have resulted in substantial demurrage charges, fees incurred when cargo exceeds its allocated port stay. The additional costs are placing a heavy financial burden on…
Nigerian singer, Owodunni Ibrahim, better known as Primeboy, has made an emotional public appeal urging that his close associate, late Ilerioluwa Aloba, also known as Mohbad, be laid to rest nearly three years after his death. Naija News recalls Mohbad died in controversial circumstances on September 12, 2023 and has remained in the mortuary since then. He was initially laid to rest on September 13, 2023, but was exhumed on September 21 for an autopsy to be carried out on him and has remained in the morgue since then. The father of the deceased, Joseph Aloba, has insisted that the…
Here are the top stories dominating the news this morning. From a strong message at the Police leadership level and a devastating LAUTECH loss of six students, to political moves, security tensions, banking developments, and European football drama. These are the headlines shaping conversations today. 1. Disu declares total war on police corruption, impunity President Bola Ahmed Tinubu (right), Mrs. Olufunmilola Tunji Disu (left), decorated Mr. Tunji Disu with the rank of Acting Inspector-General of Police at the Presidential Villa, Abuja on Wednesday. Photo credit: State House President Bola Tinubu has charged the newly decorated acting Inspector-General of Police, Tunji…
South Africa vs West Indies Live Score, T20 World Cup 2026 Super 8: Two of the most in-form teams in the tournament, South Africa and West Indies, will face off in a crucial Super 8 encounter with a semifinal spot firmly in sight. Both teams have been dominant so far, with South Africa registering an emphatic 76-run win over India in Ahmedabad and West Indies crushing Zimbabwe by 107 runs in their previous outing. T20 World Cup: Schedule | Points Table West Indies’ batting has been their biggest weapon, with multiple power-hitters capable of accelerating at any stage. Their aggressive…
On 25 February 2026, the Ambassador of the Republic of Korea to Kenya, His Excellency Kang Hyungshik, paid a courtesy call to the National Defence College – Kenya (NDC-K), where he delivered a Lecture of Opportunity to faculty and course participants. NDC-K is a college of the National Defence University-Kenya (NDU-K). The Ambassador was received by the Commandant, Lieutenant General Shee Juma Mwinyikai, in a meeting that underscored the growing strategic partnership between the Republic of Korea and the Republic of Kenya. In his lecture, Ambassador Kang highlighted the longstanding cooperation between the two nations across key sectors, including defence,…
The heated exchange began after Assafuah attempted to ask supplementary questions Tensions rose in Ghana’s Parliament on Wednesday, February 25, 2026, when the Member of Parliament for Old Tafo, Vincent Ekow Assafuah, clashed with the First Deputy Speaker and MP for Akatsi South, Bernard Ahiafor, during proceedings.The heated exchange began after Assafuah attempted to ask supplementary questions to a minister but was repeatedly blocked by Ahiafor, who was presiding as Speaker. Assafuah accused the Deputy Speaker of being unfair and disrespectful, sparking a verbal confrontation that disrupted the session.“Mr Speaker, you are trying to get evasive with these questions. I…
President John Dramani Mahama has said that Ghana has overtaken the Cote d’Ivoire as the second largest economy in West Africa. He said in the recent rankings of African economies, Ghana positioned as the seventh largest economy in Africa. “And I’m pleased to announce that we have also overtaken Cote d’Ivoire as the second largest economy in West Africa,” the President said in his address when he broke grounds for construction works to begin on a $250 million float glass factory in Shama in the West Region by KEDA (Ghana) Ceramic Company Limited. “In 2022, something happened that most of…
BY VALENTIA TETTEH The Minister for Finance, Cassiel Ato Forson, has accused the previous administration of relying heavily on Eurobond borrowing to build Ghana’s international reserves, describing the approach as costly and unsustainable. Delivering a statement on the floor of Parliament on Wednesday, February 25, 2026, Dr. Forson said the strategy resulted in significant interest payments that placed a heavy burden on the state. “Between 2018 and 2021, Ghana relied heavily on external borrowings to support reserve build-up. In total, the Eurobond borrowings during the period cost the taxpayer about 2.5 billion dollars in interest payments alone,” he told Parliament.…
The Electricity Company of Ghana (ECG) has clarified that ongoing planned maintenance works are not a return to “dumsor” but are aimed at addressing localised faults on the power distribution network. Speaking on Asempa FM’s Ekosii Sen show, ECG Director of Communications William Boateng said the country is currently experiencing peak power consumption between December and March, placing significant pressure on the system. He revealed that Accra alone requires over 1,000 megawatts of power, most of which is consumed by the capital, while Kumasi is also experiencing overloads. “The Ministry is actively working to provide additional transformers to ease the…
1 Regulators, scientists and private partners align to boost farm productivity and restore domestic cotton supply for struggling mills, writes NICHOLAS UWERUNONYE Nigeria’s renewed push to revive its long-declining textile industry is increasingly being anchored on a quiet, but consequential revolution in seed technology. At the centre of this strategy is the deployment of BT cotton varieties, a move policymakers and industry stakeholders now see as a decisive step toward restoring the country’s once-thriving cotton– textile value chain. That strategic direction came into sharp focus at the Mini Cotton Field Day organised by the National Agricultural Seeds Council in collaboration…
CAPE TOWN – South Africa’s government is working to enshrine in law a set of legal rules called a “fiscal anchor” to try to ensure that public finances are sustainable over the longer term, the Treasury said on Wednesday. The rules will be outlined in the mid-term budget, which is normally presented in October or November, and will be based on principles rather than numerical targets, the Treasury said as it laid out its annual budget. South African policymakers have been trying to boost investor confidence in Africa’s biggest economy by curbing debt and implementing reforms to enhance its growth potential.…
NAIROBI – Appetite from institutional investors has made for an oversubscribed initial public offering in Kenya’s state oil pipeline firm, the lead adviser for the transaction said on Wednesday, countering reports of investor apathy. In the sale that ran from January 19 to February 24, the government offered a 65% stake in Kenya Pipeline Company, to raise 106.3 billion shillings ($825.31 million) in what would be East Africa’s biggest ever IPO in local currency terms. The deal team is reconciling the IPO’s returns and the results will be issued on March 4. Nairobi-based lead transaction adviser Belgrad Kenne of Faida Investment…
Filmmaker and musician Wanlov has shared a little-known chapter from his childhood, explaining why he was transferred from North Ridge Lyceum to Christ the King during his basic school years by the Rawling family.In an interview with Kafui Dey which aired on February 23, 2026, Wanlov disclosed that he got into an altercation with Yaa Asantewaa Rawlings, the second daughter of the late former President Jerry John Rawlings, while they were both pupils at North Ridge Lyceum. Following the incident, he was transferred to another school.“I got into a small altercation, which I’m not proud of, with Yaa Asantewaa Rawlings.…
The Minority Leader in Parliament, Osahen Alexander Afenyo-Markin, has appealed to lawmakers to approach Ghana’s political history with balance and objectivity, urging recognition of the achievements of past administrations irrespective of party lines.He made the remarks during deliberations on a statement by the Minister for Lands and Natural Resources concerning the overthrow of Ghana’s first President, Kwame Nkrumah.Addressing the House, Afenyo-Markin underscored what he described as Nkrumah’s bold industrialisation agenda, noting that the former leader laid a solid foundation for state-driven industrial growth through the establishment of factories and strategic infrastructure designed to promote economic self-reliance.While acknowledging the lingering debates…
Spotlight Ivory Coast Ouattara shakes up cocoa sector in response to crisis Africa IntelligenceIvory Coast unsold cocoa stocks set to soar if price standoff persists Yahoo FinanceUPDATE Ivory Coast to announce cocoa mid-crop price by end of month, minister says ReutersIvory Coast Set To Produce Healthy Cocoa Mid-Crop, Farmers Say ESM MagazineIvory Coast cocoa bean exports down 2.8% as of February 20 CNBC Africa
5G-NGIC Ghana’s government has ordered its telecoms regulator to deliver 70 percent 5G population coverage within 12 months, issuing its most concrete directive yet on a technology rollout that has repeatedly missed deadlines since 2022. Communications, Digital Technology and Innovations Minister Samuel Nartey George made the announcement on Wednesday, February 25, at the 30th Anniversary celebration of the National Communications Authority (NCA) in Accra, framing it as a Cabinet-approved policy decision to democratise and accelerate 5G deployment before Ghana’s 70th Independence Day in March 2027. The minister disclosed that the ministry will issue clear directives to the NCA within days…
Sandra Ankobiah is in the news again making some controversial statements. According to her People Envy her Flashy Lifestyle . Sandra Ankobiah?s daily flashy lifestyle is publicly displayed on her social media pages and has been criticized by many but she claims it?s mere hate and envy that makes people hate on her extravagant lifestyle. She revealed that she loves travelling, “it?s like my hobby ?. whenever I get the opportunity I travel and I take pictures and I post them on Instagram but I don?t know why it?s such a huge deal. What is the purpose of Instagram? It?s…
South Africa recorded 1,133,533 overnight visitors in January 2026, according to Statistics South Africa (Stats SA). Total traveller movements, including arrivals, departures, and transits, reached 3,373, 931, with foreign travellers comprising 73,6% of the total. Tourists from the Southern African Development Community (SADC) region accounted for 77,8% of all visitors. Zimbabwe, Mozambique, and Lesotho contributed the majority, making up 80,8% of SADC tourists. Other African countries outside SADC contributed 1,4%, with Kenya, Ghana, and Nigeria leading arrivals. A total of 235,058 tourists came from overseas, with the UK, Germany, and the USA as the top three contributors. Together, the top 10…
The United States has come out to flag the Cuban medical programs in foreign countries, including Kenya, describing it as exploitative and a form of human trafficking. U.S. Department of State Secretary Marco Rubio, on Wednesday, February 25, dismissed the Cuban medical program with other nations, including Kenya, terming it wrong and a form of human trafficking. According to Rubio, the doctors were working without proper pay, and their freedom of movement was also restricted, describing the arrangement as a form of labour exploitation and questioning governments that participate in the program. “The other thing with the Cuban medical program…
Minority Chief Whip Frank Annoh-Dompreh The Minority Caucus in Parliament has accused the government of attempting to undermine parliamentary authority through the 2025 Guidelines for the utilisation of the District Assemblies Common Fund (DACF). Addressing a press conference, Minority Chief Whip Frank Annoh-Dompreh described the guidelines as unconstitutional and inconsistent with the formula approved by Parliament.He argued that Article 252 of the 1992 Constitution vests exclusive authority in Parliament to determine the formula for sharing the DACF among the 261 Metropolitan, Municipal and District Assemblies (MMDAs). “That authority is neither symbolic nor advisory. It is binding,” he stated.According to him,…
The Africa Business Forum (ABF) 2026 concluded in Addis Ababa, with a strong call for long-term, risk-tolerant investment to unlock Africa’s innovation potential and power inclusive, job-rich growth across the continent. Organised by the Economic Commission for Africa on the margins of the African Union Summit recently, the Forum launched a Jobs Wall Commitment Tracker to capture, showcase, and track public and private sector job commitments and shared with the Ghana News Agency. Held under the theme, “Financing the Future of Africa: Jobs and Innovation for Sustainable Transformation,” the Forum convened Heads of State, business and creative sector leaders, policymakers,…
A coalition of human rights organisations has urged the Lagos State Commissioner of Police and his team to conduct a thorough investigation and ensure the prosecution of those found culpable in the murders of Mr Sheriff Ishola Salami and Prince Kazeem Ademola Akinloye. Salami, a youth leader in Ojomu community in Eti Osa Local Council of Lagos State, was killed on Tuesday, April 18, 2023, at Moba town adjacent to Ajiran. Prince Akinloye, son of His Royal Highness, Oba Akinloye Tijani Sateru II of Ajiran Land, was murdered on Monday, August 26, 2024. A few days ago, the Lagos State…
India’s head coach Gautam Gambhir and skipper Suryakumar Yadav. (ANI Photo) NEW DELHI: The race for the semi-finals at the ongoing ICC Men’s T20 World Cup 2026 has intensified, with the Super 8 stage entering its final and decisive phase.T20 World Cup Super 8 Points TableIn Group 2, co-hosts Sri Lanka became the first team to be officially knocked out after suffering a 61-run defeat to New Zealand on Wednesday.New Zealand posted 168/7 after being put in to bat by Sri Lanka captain Dasun Shanaka. In reply, Sri Lanka could manage only 107/8, bringing their campaign to an end. With…
Ralph Poku-Adusei, the Member of Parliament for Bekwai Former Director-General of the National Service Authority (NSA), Osei Assibey Antwi, has engaged Ralph Poku-Adusei, the Member of Parliament for Bekwai, as his new defence counsel in the ongoing case in which he faces charges of causing financial loss to the state.A notice of change of solicitor was filed at the High Court on February 23, 2026, by Trent Legal Amansie Chambers. It was signed by Ralph Poku-Adusei, as Head of Chambers, and served on the previous lawyers, the Attorney-General and the National Intelligence Bureau (NIB).Poku-Adusei, known for handling several prominent criminal…
The Swedru School of Business (SWESBUS) has confirmed that students captured in a viral assault video are currently with law enforcement agencies, as the school pledges firm sanctions following ongoing investigations. In a statement issued Wednesday, the school said it was addressing the public over “the recent incident captured in a video circulating on social media, which shows an assault involving some of our students and a student from our sister school, Obrachire Senior High School.” Management, staff and students of the school described the incident as disturbing and unacceptable. “We are deeply disturbed by this unfortunate incident. The conduct…
1 LAGOS – Dr. Olisa Agbakoba (SAN), former President of the Nigerian Bar Association (NBA), has commended President, Bola Ahmed Tinubu, for the signing of the Executive Order 10, saying that it’s a most foundational piece of policy ever. Agbakoba stated this at a press conference which took place at his Law Chamber in Apapa, Lagos, on Wednesday, maintaining that the Executive Order 10 is the strongest decision ever taken by any Nigerian President. He also decried a situation whereby 70% of the nation’s resources were utilised by the NNPC, even as he faulted the authority for transferring ownership of our crude…
While Finance Minister Enoch Godongwana pointed to various tax measures that beat expectations in the past year, experts did not miss the R15 billion shortfall in SARS tax debt collections. Delivering his 2026 Budget Speech on Wednesday (25 February), Godongwana pointed to an over-performance in several revenue streams. This includes VAT, corporate income tax and dividends tax—all of which performed above expectations. However, a major caveat to all the numbers pointing up is a R15 billion shortfall in SARS’ tax debt collection target. Outstanding tax debt stands at R646 billion, of which R518.2 billion is undisputed. SARS only collected R79.4 billion by…
Kenya has officially deposited its Instrument of Ratification for the EAC Customs Union Amendment in Arusha, solidifying its commitment to seamless regional trade integration.The critical diplomatic maneuver confirms the completion of Kenya’s domestic legislative process, binding the nation to the newly strengthened East African Community trade frameworks.As global supply chains face unprecedented disruptions, this ratification is a strategic masterstroke that positions Kenya as the undisputed logistical and economic anchor of the East African bloc, promising to drastically reduce cross-border trade friction.Strengthening the Regional BlocThe deposit of the ratification instrument at the EAC headquarters in Arusha, overseen by EAC Secretary General…
Abu Trica remanded again, extradition hearing adjourned to March 18, 2026 Following the Gbese District Court’s recent decision to remand Ghanaian socialite and businessman Frederick Kumi, popularly known as Abu Trica, into custody after his court appearance on Wednesday, February 25, 2026, new details have emerged.During proceedings, the state prosecutor outlined nine transactions allegedly linked to Abu Trica in the alleged $8 million romance scam.According to a report sighted by GhanaWeb on February 25, 2026, prosecutors have accused Abu Trica of conspiracy to commit wire fraud and money laundering, among other charges.Detailing the nine specific transactions that allegedly make up…
Former Nsoatreman FC General Manager cautions Kotoko and Hearts of Oak could lose their dominance A chilling warning has been sounded over the future of Ghana’s two most iconic football institutions, as former Nsoatreman FC General Manager Eric Alagidede cautions that without urgent structural reforms, both Asante Kotoko and Hearts of Oak could lose their dominance, and even their relevance, within the next two to three decades.Speaking in an interview on Sporty FM, Alagidede stopped short of declaring doom, but his message was unmistakably stark.“I am not going to be the prophet of doom but if we are not careful,…