Author: Trendy Ghana 🇬🇭

Dr. Mahamudu Bawumia Vice President Mahamudu Bawumia has said the Ministry of Finance is making arrangements to refund money to customers of companies liquidated by the Securities and Exchange Commission (SEC) during the financial sector clean-up exercise. According to Dr Bawumia, the measure is aimed at providing relief to affected investors while promoting transparency and accountability within financial markets. Addressing a professional body in Kumasi as part of his visit to the Ashanti Region, Dr Bawumia emphasised his government’s unwavering commitment to ensuring investor protection. “It seems the finance minister expects some payments to be made to customers of liquidated…

Accra, June 12, GNA – GCB Bank PLC (GCB Bank) and the Ghana Communication Technology University (GCTU) have signed a five-year Memorandum of Cooperation (MoU) aimed at nurturing new talent in the field of technology and cyber security. This strategic alliance underscores the commitment of both institutions to bridge the gap between academic theory and industrial practice, thereby equipping students with the necessary skills to navigate the rapidly evolving technology landscape. Central to this partnership is the implementation of a comprehensive internship program provided by GCB Bank. The initiative is designed to provide students from GCTU’s Computer Science and Cybersecurity…

The Bank of Ghana (Bank of Ghana) in collaboration with Monetary Authority of Singapore (MAS) has completed the first proof of concept (POC) under Project DESFT (Digital Economy Semi-Fungible Token) demonstrating the use of digital credentials for international trade and cross-border payments. Details The DESFT project, an initiative of the MoE and the private sector was launched in June 2023. The DESFT solution includes the following: Universally Trusted Credentials (UTC) – A digital trusted framework and credential standard that enables the delegation and exchange of licenses, certificates and commercial records. This was earlier developed by the United Nations Development Program…

The controversy surrounding the marriage of Yul Edochie and his first wife is not ending anytime soonMay’s lawyer released more scathing statements against Yule and took on Yvonne Jegende and others who supported Yule for taking a second wifeHe noted that no one should compare Yul with Ned Nwoko who takes care of his family because Yul does notMay Yul-Edochie’s lawyer has criticized actress Yvonne Jegede and others for comparing Yul Edochie’s second marriage to that of billionaire businessman and politician Ned Nwoko.May Edochie’s lawyer informs netizens about Yul’s irresponsible behavior towards his children. Image credit: @mayyuledochie, @yuledochieSource: UGCRecall that…

Last year, Ford cut about 1,100 jobs at its Valencia plant in eastern Spain. Photo: José Jordan / AFP/FileSource: AFPUS carmaker Ford said on Friday it would seek to cut another 1,600 jobs at its plant near Valencia in eastern Spain, where it had already cut 1,100 jobs last year.”At the plant, there is currently a surplus of around 1,600 workers,” a Ford Spain spokesman told AFP after management met with unions to outline their plan.Of that amount, the auto giant said 626 will be “permanent layoffs,” while the other 966 will be layoffs with the possibility of rehiring in…

President Nana Addo Dankwa Akufo-Addo said Monday’s opening of the law office in Accra was a symbol of his government’s commitment to upholding the principle of the rule of law.”The significance of this building goes beyond its physical structure. It symbolizes our strong commitment to upholding the principles of the rule of law, which is the foundation of a thriving democracy,” he said. He explained that the completion of the building was a testament to the New Patriotic Party government’s resolve to address the perennial office facilities problem that has hindered the delivery of justice in Ghana. “The completion of…

Following the recommendation of the Olympic Program Committee, the EB today proposed seven sports for the initial sports program of the 2030 Winter Olympics: biathlon, bobsleigh, curling, ice hockey, luge, skating and skiing, all under the supervision of the relevant Winter International Sports Federations (IFs) included in the Olympic Charter. The proposal will now be submitted to the 142n.d IOC meeting for decision. “All seven sports have been part of the original sports program of the Olympic Winter Games since Nagano in 1998 and have made a significant contribution to the success of Beijing 2022, the most digitally engaged edition…

The world economic forum announced its 2024 cohort of tech pioneers, which includes four startups from Africa. Details The select group of top 100 technology startups focuses on applying new innovations in artificial intelligence to develop clean energy solutions, healthcare innovation and advances in biotechnology, space and neurotechnology. These companies will contribute cutting-edge knowledge and expertise to the Forum’s global initiatives over the next two years and help scale their impact. This year’s Technology Pioneers group includes startups from 23 countries, with a third headed by a female CEO. With a record number of applications, this year the focus is…

The Recording Academy has announced its new plans to establish Grammy AfricaThis comes after endless talks and consultations between Academy executives and key stakeholders across AfricaThe Academy’s decision to leave Ghana out of the top slot for its new plans has caused an uproar among many Ghanaian music executives and fansLast year, the Recording Academy unveiled its plans for the African continent after years of backlash from music industry executives and fans. At the 66th Grammys, Africa received its own category for the first time in the Recording Academy’s 65-year history: Best African Performance.Tyla winning the inaugural award set the…

Environmentalists highlight the contradiction in Lula’s advocacy of fossil fuel exploration, while positioning himself as a leading figure in the fight against global warming. Photo: MAURO PIMENTEL / AFPSource: AFPBrazilian President Luiz Inácio Lula da Silva said Wednesday that a controversial offshore oil exploration project near the mouth of the Amazon River was a key development opportunity for the country.”We want everything to be legal, with respect for the environment. But we are not going to let any opportunity to promote the development of this country pass us by,” Lula told investors from Saudi Arabia in Rio de Janeiro –…