Author Archives: Ebenezer Nkum

America’s JP Morgan rolls out First Bank-backed Cypto-Coins

JP Morgan

The lender moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business. In trials set to start in a few months, a tiny fraction of that will happen over something called “JPM Coin,” the digital token created by engineers at the New York-based bank to instantly settle payments between clients. J.P. Morgan ...

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Only 2% of Ghana’s Informal Sector Pay Taxes.

informal sector

The informal sector constitutes 70 percent of the business arena – but just two percent of them pay their taxes. Mr. Richard Hakeem Quainoo – a Chief Revenue Officer of the Ghana Revenue Authority who announced this on Wednesday – also stated that only 1.5 million of the expected six million taxpayers honoured their responsibilities, with 200,000 being from the ...

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Does College Education in Ghana Still Prepare student for the require Jobs?

We often hear employers and business leaders lament the unfortunate gap between what students learn in college and what they are actually expected to know in order to be job-ready. This is particularly alarming in light of the large — and still growing — number of people graduating from university. We often hear employers and business leaders lament the unfortunate gap between ...

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LETTER TO MY SON…”THE CROWN & THE CLOWN

son

Dear Son, I don’t know how you would meet this letter; as a child full of wonders, a teenager full of curiosity and opinions or as a man with women at your feet. All I know is you would meet it with a clenched fist, ready to fight on. Son, I chose this day to write to you because we ...

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Ceiling collapses at Accra Mall

Parts of the ceiling at the Accra Mall has collapsed according to current reports. One person is reportedly injured. A source who was present at the mall said they heard noise from the ceiling and then realised that the ceiling of the building was coming down. Workers and customers of the Accra Mall this morning had to flee for their lives after ...

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No one will be shielded …Prez declares on collapse of 7 banks

President Nana Addo Dankwa Akufo-Addo has said that government will not shield anyone found to have played a role in the collapse of the seven local banks. The President, speaking at the opening of the new head office complex of Standard Chartered Bank in Accra, bemoaned the cost of rescuing the seven banks to the tax payer adding that the ...

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Nduom begins national campaign tour against panic withdrawals

The Chairman of GN Bank, Dr. Papa Kwesi Nduom has begun a nationwide tour aimed at appreciating customers who have remained loyal to the country’s indigenous banks. Themed, “Stop the panic withdrawals and strengthen indigenous banks”, Dr Nduom will use the opportunity to urge the population in general to avoid panic bank withdrawals as it may negatively affect the operations ...

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Facebook admits it ‘made mistakes’ after top exec appeared at Kavanaugh hearing

Facebook has admitted it “made mistakes” after a top executive was seen attending Judge Brett Kavanaugh’s congressional hearing, reportedly prompting outrage from employees. Joel Kaplan, the head of global policy at Facebook and a long-time friend of Judge Kavanaugh sat two rows behind the nominee as he testified regarding allegations that he sexually assaulted Christine Blasey Ford while in high school. Employees saw ...

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