Author: Trendy Ghana 🇬🇭

Spain is one of the largest producers and consumers of olive oil in the world. Photo: JORGE GUERRERO/AFP/FileSource: AFPSpain’s left-wing government announced on Friday that it will abolish the value-added tax on olive oil, a staple of Spanish cuisine that has soared due to a severe drought that has caused the country’s olive harvest to plummet.The government of Socialist Prime Minister Pedro Sanchez will from July “permanently” include olive oil in the list of “basic necessities” exempt from the tax, the budget ministry said in a statement.This is “great news for all Spaniards,” government spokeswoman Pilar Alegria said during an…

Minister of Energy, Dr Matthew Opoku Prempeh The Minister of Energy, Dr Matthew Opoku Prempeh, has revealed some of the causes of the recent power outage (locally known as “damsol”) in some parts of Accra, insisting that the Electricity Company of Ghana (ECG) has not restricted the supply of electricity. Responding to a question in Parliament, Dr Prempeh argued that certain areas which were previously residential have become commercial hubs, resulting in increased electricity consumption. “This question was asked over two months ago…No, at the time the question was asked, ECG was not implementing load shedding. Consumers were experiencing power…

The gap in social innovation in Ghana is wide and pronounced in various sectors of the country. There is a marked lack of modern infrastructure and service delivery, poverty levels still reach over 24 percent, and 13 percent of the country’s population is estimated to be affected by drought. Urban congestion, environmental degradation, severe food insecurity and a high mortality rate have made the need for innovative solutions more important and Ghana is at a critical juncture. These social gaps require tailored and local innovations and creativity to improve the lives of many disadvantaged communities. Global Solvers Accelerator and Co-Lab…

Australia 100 for 2 (Warner 53*) batsmen Bangladesh 140 for 8 (Shanto 41, Hridoy 40, Cummins 3-29) by 28 runs (DLS method)Adam Zamba led Bangladesh’s middle overs before Pat Cummins hit a hat-trick at the death as Australia made a commanding start to the Super Eight.Outside of a 58-run second-wicket stand between Litton Das and Najmul Hossain Shanto, Bangladesh were unable to string together any dominant spells with the bat.The result was that they stumbled to 140 for 8 from their 20 overs. Although the North Sound pitch was on the slower side and helped the spinners, this was always…

The Securities and Exchange Commission of Ghana (SEC) and the United Nations Capital Development Fund (UNCDF) have been officially launched complete instructions for equity or investment based crowdfunding in Ghana. Details The guidelines were developed in collaboration with key stakeholders and following extensive consultation and technical assistance support from Lelapa African FinTech Advisory. The guidelines aim to unlock the potential of crowdfunding as a viable financing option for micro, small and medium enterprises (MSMEs) and start-ups in the country, while ensuring investor protection, providing a regulatory framework and addressing critical gaps that have hindered growth the business community. Digging deeper…

A Ghanaian man known as Deadly has gone viral after sharing a video showing his Mercedes-Benz’s Drive Pilot featureIn the video, the man was sitting in the passenger seat in a relaxed mood with his feet on the dashboardThe video left many people in awe as they wondered if it made it to its destination safelyA Ghanaian man has gone viral after showing off his Mercedes Benz that has self-disappearing capabilities, a feature the brand refers to as Drive Pilot.Ghanaian man shows off his Mercedes-Benz pilot driving style. Image credit: @gyaigyimiiSource: TwitterThe Ghanaian showed off his luxury carThe Ghanaian, popularly…

June 21 is World Giraffe Day, a special day dedicated to celebrating and raising awareness about giraffes. These gentle giants, with their towering presence and graceful gait, are a symbol of the African savannah. World Giraffe Day not only highlights their unique beauty, but also highlights the urgent need for conservation efforts to protect them. — While most people may imagine only one type of giraffe, there are actually four different species, each with unique characteristics and conservation challenges. The reticulated giraffe, easily recognized by its intricate network of brown markings on a chestnut background, occupies savannas and woodlands…

Profit-taking after recent gains in tech giants weighed on US and Asian markets. Photo: Daniel ROLAND/AFPSource: AFPAsian markets were mostly lower on Friday after a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking, while traders watch for intervention as the yen retreats to three-decade lows.A batch of worse-than-forecast U.S. data provided further signs that the world’s No. 1 economy is softening, but it wasn’t enough to help the S&P 500 and Nasdaq to more record highs.The readings showed more people claiming jobless benefits than estimated, housing starts to fall and a core business confidence…

The Functional Executive Committee of the National Democratic Congress (NDC) has announced the party’s national campaign team for the December 7 general elections. According to a statement signed by the party’s Secretary General, Fifi Fiavi Kwetey, the appointments were made on Tuesday, June 18, following extensive consultations and deliberation. Fifi Kwetey is leading the campaign team as coordinator and is deputized by Joseph Yamin who is in charge of regional campaigns. The national campaign team will work under the guidance of the Campaign Steering Committee which includes the National Chairman of the NDC, Mr Johnson Asiedu Nketia. Here is the…

Boxer Ryan Garcia has been suspended until April 2025 after testing positive for a banned substance and will forfeit his purse from his fight against Devin Haney as part of a settlement with the New York State Athletic Commission (NYSAC), it has been announced the New York State Department. Thursday.Garcia’s share of the purse is $1.1 million, said Pat English, an attorney representing Haney. The amount of the purse forfeiture will be returned to the promoter and not the NYSAC, according to the New York State Department, which told USA TODAY Sports it could not confirm the dollar amount.Garcia’s professional…