Thursday, January 21, 2021

Samsung heir gets prison term for bribery scandal

Samsung heir Lee Jae Yong has been sentenced to two years and six months in prison by a high court in South Korea. The bribery case is a retrial of an earlier one involving the...

Media billionaire David Barclay dies at 86

Sir David Barclay, the co-owner of the Daily Telegraph newspaper, has died at the age of 86. Sir David, together with his twin brother Sir Frederick, built up a business empire spanning hotels, retail, and...

SEC warns against trading with Chy Century Heng Yue Group

The Securities and Exchange Commission (SEC) has warned the public to abstain from engaging in any capital market activity with Chy Century Heng Yue Group Limited and Sairuir-Commerce Ghana Limited. According to SEC, the two...

Covid: Record number of small firms ‘set to close’

A record number of small firms could close in the next 12 months, says the Federation of Small Businesses. Without further government help to cope with the effects of the pandemic, more than a quarter...

Boeing to pay $2.5bn over 737 Max conspiracy

Boeing has agreed to pay $2.5bn (£1.8bn) to settle US criminal charges that it hid information from safety officials about the design of its 737 Max planes. The US Justice Department said the firm chose...

Honda temporarily suspends production

Japanese car manufacturer Honda has halted production at its Swindon factory. The firm said the temporary shutdowns through Tuesday and Wednesday were due to "global supply delays". Production is expected to restart on Thursday, a spokesman...

Less than 2m Ghanaians pay tax

About 1.5 million out of the six million eligible Ghanaian taxpayers pay tax, allotting Ghana one of the lowest tax to Gross Domestic Product (GDP) ratio in Africa. Ghana, therefore, has a lot to do...

Mobile Money helped contain spread of coronavirus – MTN

The Senior Commercial Manager in charge of South-East Zone of MTN Ghana, Peter Obimpeh has asserted that the high penetration of MTN Mobile money helped the country contain the spread of coronavirus during the...

WorldRemit celebrates migrants in honor of International Migrants Day

WorldRemit, a leading cross-border payments company has celebrated International Migrants Day by announcing its list of the top 20 Migrant Moments of 2020. This list features developments that have had significant impacts on communities across...
Ken Ofori-Atta and Dr. Mahamudu Bawumia at Parliament for the 2018 Mid-Year Budget review

Reform tax policies to protect women – AASU’s Kodjie

Secretary General of the All-Africa Students Union, Peter Kwasi Kodjie, has charged African governments to formulate progressive policies aimed at reducing the tax burdens on women. In an article for NORRAG Special Issue 5 titled, “Understanding...

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