Author: Trendy Ghana 🇬🇭

Apple CEO Tim Cook visits Indonesia. Photo: BAY ISMOYO / AFPSource: AFPApple Chief Executive Tim Cook met with Indonesia’s president on Wednesday as the tech giant explores ways to invest in Southeast Asia’s largest economy and diversify supply chains away from China.The visit comes as US President Joe Biden’s administration seeks to strengthen the roles of other Asian trading partners in the global technology supply chain to reduce US reliance on China.Cook traveled to Indonesia’s presidential palace in the capital Jakarta to meet Joko Widodo, the outgoing leader more popularly known as Jokowi, who has promoted a booming technology sector.”Indonesia…

The government is attempting to fill the revenue gap created by abolishing value-added tax on electricity by taxing the overseas income of Ghanaian residents. Earlier this year, the government introduced a value-added tax on electricity, but was forced to abandon the plan after public backlash. This resulted in an income gap of approximately GHc1.8 billion. The government had planned to introduce a value-added tax on electricity as part of the IMF agreement’s revenue measures, but the plan was abandoned due to public resistance, resulting in a revenue shortfall. The government believes that ensuring tax compliance on foreign income will reduce…

of Ghana Public Utility Regulatory Commission (PURC) fined the Electricity Company of Ghana (ECG) 36,000 GHS for failing to submit to the Commission all bank and investment accounts he currently operates. The PURC also fined each of the company’s board members GHC 5.8 million. Details In a letter submitted to the ECG on Monday, April 15, the PURC said it found that “the details of ECG’s bank accounts submitted were incomplete, contrary to the Decree. 3.3 Submission of Information Regarding Operational Matters.” The information requested relates to the allocation of tariff revenue under the Cash Waterfall Mechanism (CWM), the provision…

Dancehall musician Shatta Wale’s baby mama Michy was surprised when their son Majesty said he wanted 10 siblingsWhile having fun in the pool, Michy told Majesty that she could only give him three more siblingsThe video caused a stir on social media as many tagged Shatta Wale in the commentsMusician and presenter Michy was surprised when her son Majesty begged her to give him 10 siblings after being an only child for eight years.Michy, Majesty and Shatta Wale in photos. Image credit: @michygh and @shattawalenimaSource: InstagramMajesty begs Michy for a brotherSublimewho is the son of dance music musician Shatta Wale,…

A “generational shift” in AI-powered IT has venture capital firm Andreessen Horowitz, co-founded by Marc Andreessen, optimistic about the billions it recently raised. Photo: Steve Jennings / GETTY IMAGES NORTH AMERICA/Getty Images via AFPSource: AFPSilicon Valley venture capital star Andreessen Horowitz said Tuesday it has raised $7.2 billion to invest in startups behind games, apps, artificial intelligence and more.More than half of the money spread across five funds is dedicated to a “growth” strategy for fledgling startups, potentially breathing new life into a moribund trend of new companies being bought or going public with stock offerings.”This marks a major milestone…

North Tongu MP Samuel Okudzeto Ablakwa has responded to the apology made by Johnny Beresford-Hughes after the latter claimed he had benefited from a government scholarship.In a tweet on April 14, 2024, the lawmaker said: “This apology is formally acknowledged. I have never applied for any government scholarships and do not intend to apply for or benefit from them in the future.”backgroundJohnny Hughes, a broadcast journalist at Media General, said some of the people whose names appeared in the document he shared via social media said the people listed were beneficiaries of the GNPC Foundation’s foreign scholarship scheme. He claimed…

The 19th edition of the Solheim Cup is set to begin in 150 days and will be held at the Robert Trent Jones Golf Club in Gainsville, Va., from September 13 to 15 this year. The United States will be looking to win their first Cup since 2017 after drawing with Europe at Finca Cortesin in Andalusia, Spain last September, and Europe will be looking to retain the Cup for a fourth straight year, which has never been done in Solheim Cup History. The 2024 LPGA Tour season has kicked into high gear, and there has been plenty of movement…

Presentation by Ethel Cofie, CEO of EDEL Technology In an era characterized by rapid technological development, the financial sector is at the forefront of digital transformation. The Bank of Ghana, under its current governance structure set by the Act of 2002 (Act 612) and its Amendments, which allows only two lieutenantsfaces significant limitations in its ability to integrate and oversee developments in fintech and digital banking. This article advocates an amendment to include a third deputy governor with a specialized focus technology, innovation and fintech. This role is vital not only in moving Ghana towards a digital economy, but also…

Kumawood actress Portia Asare Boateng recently shared a video online, giving fans a 360 degree look at her beautyDespite wearing a loose dress, the actress’ toned figure was still on display as she twirled in the videoThe video has sparked backlash from her followers, some of whom are questioning whether her curves are naturalWith one of her recent videos, Kumawood actress Portia Asare Boateng has sparked social media interest in her looks.Not long ago, Portia Boateng stepped out for the Velocity Conference at the Reign House Chapel in Accra.Portia Asare Boateng’s latest video has sparked debate about her shape Photo…

Treasury Secretary Janet Yellen said the United States is likely to impose new sanctions on Iran following the Islamic Republic’s direct attack on Israel. Photo: SAUL LOEB / AFPSource: AFPUS Treasury Secretary Janet Yellen on Tuesday warned of further sanctions against Iran after the unprecedented attack on Israel over the weekend, saying she expected Washington to take additional measures “in the coming days”.”I fully expect that we will take additional sanctions against Iran in the coming days,” he said as this week’s International Monetary Fund and World Bank spring meetings began in Washington.The Treasury Department, Yellen said, will not hesitate…