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  • Agambire descends on Finder newspaper for publishing he is 'wanted' for tax default

    June 22, 2017 5:02 AM 2

    Lawyers for the Group Chairman of Rlg Communication, Roland Agambire, are demanding a retraction and an apology from the Finder newspaper for publishing that Mr Agambire is wanted by the Ghana Revenue Authority (GRA) for defaulting tax obligations. The paper reported last week that the national tax regulatory agency was on the heels of Mr Agambire for defaulting

  • The hunt for Uber's next CEO won't be easy

    June 21, 2017 12:50 PM 4

    Uber is in crisis. Once the darling of the technology industry, the $69 billion (£54 billion) transportation firm is now lurching from scandal to scandal, in a state of constant damage control. Founder Travis Kalanick has resigned as CEO, following allegations of sexism at the company, the publication of a report into its workplace culture that led to the firing

  • Supreme Court asks NIB not to pay $60million judgement debt to Dominion Trustees

    June 21, 2017 11:49 AM 4

    The Court of Appeal, on July 4, 2013, stayed the execution of the judgement of the Commercial Court pending the outcome of an appeal filed by the NIB. The bank, whose debt had doubled with a daily interest of $20,000), asked the Court of Appeal to quash the Commercial Court’s decision because it was defective. In its ruling Wednesday morning, the Supreme

  • Uber CEO Kalanick resigns under investor pressure

    June 21, 2017 10:14 AM 11

    DETROIT — Travis Kalanick, the combative and troubled CEO of ride-hailing giant Uber, has resigned under pressure from investors at a pivotal time for the company. Uber’s board confirmed the move early Wednesday, saying in a statement that Kalanick is taking time to heal from the death of his mother in a boating accident “while giving the company room to fully

  • Morning Agenda: Travis Kalanick Resigns as Uber Chief

    June 21, 2017 8:37 AM 3

    This won’t be the last you see of Mr. Kalanick at Uber: He is still on the board and retains a majority of Uber’s voting shares. But the question now is who will replace a chief executive who molded the company in his image. Of note: Fidelity, which has long had a reputation for not being an active investor, was one of the shareholders who signed the letter

  • Uber chief executive Kalanick resigns

    June 21, 2017 6:22 AM 4

    Uber boss Travis Kalanick has resigned as chief executive after pressure from shareholders. His resignation comes after a review of practices at the firm and scandals including complaints of sexual harassment. Last week he said he was taking an indefinite leave of absence following the sudden death of his mother in a boating accident. Mr. Kalanick reportedly

  • Ghanaians must embrace electronic payment life style

    June 19, 2017 2:00 PM 5

    Accra, June 19, GNA - Mr Archie Hesse, the Chief Executive of Ghana Interbank Payment and Settlement Systems Ltd (GhIPSS), has urged Ghanaians to adopt electronic payment as a life style to enable the country to derive maximum benefits from the existing infrastructure. He said both service providers and consumers must lean toward electronic payment in offering

  • In Brexit boost, Jaguar Land Rover to hire 5,000 staff

    June 19, 2017 10:02 AM 6

    Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election. JLR, which employs more than 40,000 people globally, said it would hire 1,000 electronic and software engineers

  • TEN gas wastes away whilst $952m required for fuel this year

    June 19, 2017 6:15 AM 8

    Gas from the Tweneboah, Enyenra and Ntomme (TEN) field is being flared due to pipeline infrastructure delays that characterised the evacuation of gas from the Jubilee Field. Meanwhile, an estimated $952 million is required this year to purchase light crude oil, natural gas, heavy fuel oil and diesel to run thermal plants based on a projected thermal

  • Forgotten city discovered in Ethiopia

    June 18, 2017 7:12 AM 6

    Archaeologists have uncovered an ancient, forgotten city in Ethiopia that unveils the origin of Islam in the country and its trade relations with India between the 10th and early 15th centuries. The architecture of the mosque is similar to those found in Southern Tanzania and Somaliland, showing connections between different Islamic communities in Africa