Kwesi Adu Amoako 
In a recent move that has sent ripples through the international money transfer landscape, the Bank of Ghana (BoG) has suspended several prominent players, including Wise, Zeepay, and others. This suspension, driven by alleged violations of regulatory frameworks, has implications not only for the companies involved but also for customers who rely on these services … Read more
Details MultiChoice has pulled back the curtain on the revamped Showmax platform, set to dazzle audiences from February 2024 onward. This grand unveiling brings forth the retirement of the standard and Pro subscriptions, making way for the all-new Showmax Entertainment, Showmax Entertainment Mobile, and Showmax Premier League plans. Showmax Entertainment and Entertainment Mobile: A Duel … Read more
In a groundbreaking move towards sustainable transportation, Ghana’s Finance Minister, Ken Ofori Atta, delivered exciting news during a budget reading to parliament on November 15th. The announcement? A significant import duty waiver on electric vehicles (EVs) designated for public transportation. Key Details: Import Duty Waiver for Public Transportation EVs: Duration of Import Duty Waiver: Local … Read more
In a move that combines the magic of Disney with the world of blockchain, Disney has collaborated with Dapper Labs to launch an NFT platform called “Disney Pinnacle.” The platform aims to tokenize iconic cartoon characters spanning a century, including those from Disney, Pixar, and the Star Wars universe. Key Highlights The collaboration between Disney … Read more
Tullow Oil plc has inked a significant deal, entering into a US$400 million five-year notes facility agreement with Glencore Energy UK Limited. This financial arrangement is a strategic move by Tullow, aiming to address the liability management of its senior notes maturing in March 2025. Key Points of the Agreement: This financial maneuver by Tullow … Read more
In a move aimed at bringing order and oversight to the burgeoning e-commerce and courier services sector, Ghana’s Ministry of Communications and Digitalisation has issued a directive impacting both new and existing operators. As of December 19, 2023, all e-commerce operators and their courier drivers are required to register with the Postal and Courier Services … Read more
In a significant move into the decentralized finance (DeFi) space, cryptocurrency exchange Binance has introduced a Web3 wallet designed to interact with the growing DeFi ecosystem. The announcement was made during the Binance Blockchain Week conference in Istanbul. Competing Across 30 Blockchain Networks The newly unveiled Web3 wallet is set to operate seamlessly across 30 … Read more
In a recent financial move, SoftBank wired $1.5 billion to Goldman Sachs and other lenders just days before WeWork’s bankruptcy filing, marking a significant chapter in one of the most challenging venture capital investments for the Japanese conglomerate. This latest payment brings SoftBank’s total commitment to WeWork to over $16 billion since its initial investment … Read more
In a bid to enhance cooperation and boost revenue through increased port operations, Sao Tome has expressed interest in utilizing Takoradi Port as a transshipment corridor for cargoes from other countries. This potential collaboration signifies a strategic move that could benefit both nations and deepen economic ties. Key Development Adelino Cardoso, the Minister of Infrastructure … Read more
In a stunning turn of events, a New York jury has delivered a guilty verdict on all seven charges against Sam Bankman-Fried, the founder and former CEO of FTX. The five-week trial concluded on the one-year anniversary of a CoinDesk scoop that triggered the downfall of the crypto mogul. Guilty on All Fronts The jury’s … Read more