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K Adu presenting mobile phones to Nhyira FM listeners during live broadcast
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K Adu Donates Mobile Phones to Loyal Nhyira FM Listeners

Businessman Ebenezer Kwabena Adu, widely known as K Adu of K Adu Gas, Stove and Oven, marked her birthday with an act of generosity by donating 15 mobile phones to dedicated listeners of Nhyira FM. The presentation took place during a live broadcast of Nsem Kese3, a programme hosted by Kwasi Boafo. The initiative was meant to support loyal listeners who regularly call into the station to contribute to discussions and share their views on current issues. Speaking on the programme, Adu spoke about his long relationship with the station. He explained that before becoming widely known in business, he was a frequent caller who actively participated in discussions on Nhyira FM. He revealed that at one point he used as many as eight mobile phones just to keep up with the programmes and ensure he could contribute consistently. According […]

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 Diageo Names Dave Lewis as New CEO After US Tariffs Woes

Diageo, the world’s leading spirits company and maker of Guinness beer, Smirnoff vodka, and Johnnie Walker whisky, has announced Dave Lewis as its new Chief Executive Officer. Lewis, current chairman of consumer healthcare firm Haleon and ex-CEO of supermarket giant Tesco, starts in January, succeeding Debra Crew who resigned in July. Diageo’s share price surged 7% on the news, following a year of disappointing trade due to US President Trump’s tariffs and weak consumer demand in China and the US. The company hopes Lewis’s extensive consumer brand experience and strong marketing pedigree will revive performance. However, analysts caution that he lacks direct spirits industry exposure and any major strategy reset will take time. Outgoing interim CEO Nik Jhangiani will return to his role as Chief Financial Officer. Diageo projects ongoing challenges ahead, including further profit warnings, indicating tough trading and […]

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 Ex-BBNaija Star Thelma Laments High Cost of Fame

Former Big Brother Naija (BBNaija) housemate, Thelma Lawson, has revealed that life after the reality show is financially demanding. In a recent interview, she explained that maintaining her public image and meeting the high expectations of her fans has led to increased spending. Being recognized for her fashion sense on the show means there is now constant pressure to deliver new and stylish looks for events. She also highlighted the financial strain of running her own business, which requires constant restocking of products. Thelma described the combined pressure of fame and entrepreneurship as "very, very overwhelming."

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Togo Launches 13th Adjafi Fair to Boost Young Entrepreneurs and MSME Competitiveness

The 13th edition of the Adjafi Fair, the largest business and cultural gathering for young entrepreneurs in Togo, officially opened on August 25, 2025, in Lomé. The event was launched by Minister Mazamesso Assih, in charge of Grassroots Development, Financial Inclusion, Youth, and Youth Employment. Running until September 7, the fair aims to promote entrepreneurship, innovation, and competitiveness among young Togolese. It provides a platform for networking, visibility, and business growth, bringing together over 300 entrepreneurs from different sectors and attracting nearly 8,000 visitors per day. This year’s theme — “Agri-food: improving the packaging of Togolese products for greater competitiveness of MSMEs in the AfCFTA market” — highlights the importance of quality packaging in boosting the value and market access of Togolese products. According to the organizers, better packaging is key for positioning MSMEs in the African Continental Free Trade […]

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Elon Musk Denounces Trump’s ‘Big Beautiful Bill’ as a ‘Disgusting Abomination’

In a dramatic turn of events, tech mogul Elon Musk has publicly condemned President Donald Trump's proposed tax and spending legislation, known as the "One Big Beautiful Bill Act" (OBBBA). Musk's denunciation marks a significant shift in their previously collaborative relationship and has sparked widespread political discourse. Musk's Public Reproach On June 3, 2025, Musk took to his social media platform, X, to express his vehement opposition to the OBBBA. He described the bill as a "disgusting abomination," criticizing it for being a "massive, outrageous, pork-filled Congressional spending bill." Musk urged lawmakers to reconsider their support, stating, "Shame on those who voted for it: you know you did wrong. You know it." Key Provisions of the OBBBA The OBBBA aims to extend the 2017 tax cuts, introduce new tax breaks for tipped wages and overtime, overhaul Medicaid and food stamp […]

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Elon Musk Criticizes Trump’s Tax and Spending Bill

On June 3, 2025, Elon Musk, former head of the Department of Government Efficiency (DOGE), publicly criticized President Donald Trump's flagship tax and spending proposal, the "One Big Beautiful Bill Act" (OBBBA), labeling it a "disgusting abomination." Musk's denunciation, shared on his social media platform X, came shortly after his departure from the Trump administration, where he had served for four months. The OBBBA, passed narrowly in the House on May 22, 2025, aims to extend the 2017 tax cuts, implement new tax breaks for tipped wages and overtime, overhaul Medicaid and food stamps, and allocate additional funds toward Trump's immigration enforcement initiatives. The Congressional Budget Office estimates that the bill would add $3.8 trillion to the national debt over the next decade . Musk's criticism centers on the bill's extensive spending and potential to undermine fiscal responsibility. He expressed […]

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Ghana Risks Further Revenue Losses: Experts Advocate for Tech-Driven Tax Reforms

Ghana faces escalating revenue losses due to systemic tax leakages and inefficiencies. Experts at the recent National Dialogue emphasized the urgent need for technology-driven reforms to enhance tax collection and broaden the tax base. Background At the National Dialogue on "Tackling Tax Revenue Leakages in Ghana," held on April 23, 2025, stakeholders from academia, industry, and government convened to address the persistent challenges in Ghana's tax system. The consensus was clear: without significant reforms, Ghana risks continued revenue shortfalls that could hinder national development efforts. Expert Insights Abigail Maame Esi Mensah, Manager of Business Tax Advisory at Ernst & Young, highlighted the challenges posed by the informal economy. She noted that the lack of an integrated tax system makes it difficult to incorporate informal sector actors into the tax net. Additionally, she pointed out that practices like related-party transactions and […]

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Ghana’s gold reserves hit GH₵46billion in April 2025

The Bank of Ghana’s gold reserves reached a valuation of approximately GH₵46.3 billion at the end of April 2025 per the central bank’s announcement on May 6 that the price of gold had risen to GH₵46,086.32 per ounce. According to official data published by the Bank of Ghana, the nation’s total gold holdings stood at 31.37 tonnes as of April 30, 2025. This translates to 1,008,837.07 ounces of gold, using the standard conversion of 32,150.7 ounces per metric tonne. Multiplying the total ounces by the official spot price gives a calculated value of GH₵46,439,963,249.28, marking a rapid rise in the country’s reserves and underlining gold’s importance as a strategic financial asset for the Ghanaian economy.The central bank has gradually increased its reserves over the past two years, starting from 8.78 tonnes in May 2023 to over 31 tonnes by April […]

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Child damages €50million painting in museum

A child has damaged a painting worth millions of pounds by the American artist Mark Rothko at a museum in Rotterdam.A spokesperson for the Museum Boijmans Van Beuningen said it was considering the "next steps" for the treatment of Rothko's Grey, Orange on Maroon, No. 8. The damage occurred during an "unguarded moment", a museum spokesperson told the Dutch media outlet Algemeen Dagblad (AD) last week.A spokesperson for the museum told the BBC the damage was "superficial", adding: "Small scratches are visible in the unvarnished paint layer in the lower part of the painting". The abstract painting is estimated to be worth up to €50m (£42.5m), according to newspaper AD."Conservation expertise has been sought in the Netherlands and abroad. We are currently researching the next steps for the treatment of the painting", the museum spokesperson told the BBC."We expect that […]

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Facebook facing lawsuits in Ghana over impact of extreme content on moderators

Lawyers are gearing up for court action against a company contracted by Meta, which owns Facebook and Instagram, after meeting moderators at a facility in Ghana that is understood to employ about 150 people. Moderators working for Majorel in Accra claim they have suffered from depression, anxiety, insomnia and substance abuse as a direct consequence of the work they do checking extreme content.The allegedly gruelling conditions endured by workers in Ghana are revealed in a joint investigation by the Guardian and the Bureau of Investigative Journalism. It comes after more than 140 Facebook content moderators in Kenya were diagnosed with severe post-traumatic stress disorder caused by exposure to graphic social media content.The workers in Kenya were employed by Samasource, an outsourcing company that carries out content moderation for Meta using workers from across Africa. Majorel, the company at the centre […]

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