Author: Krobea

Uber co-founder Travis Kalanick will become a billionaire, after investors agreed to take a large stake in the ride-hailing firm. A consortium led by Japan’s Softbank is buying a chunk of the company from existing shareholders as well as new Uber shares in a $9.3bn (£6.7bn) deal. Mr Kalanick, who stepped down as chief executive in June, is selling $1.4bn worth of stocks, it is widely reported. While he had long been worth billions on paper, this deal cements his wealth. Mr Kalanick was driven out of the top job by a series of scandals, but his ties with Uber…

Adolescence now lasts from the ages of 10 to 24, although it used to be thought to end at 19, scientists say. Young people continuing their education for longer, as well as delayed marriage and parenthood, has pushed back popular perceptions of when adulthood begins. Changing the definition is vital to ensure laws stay appropriate, they write in an opinion piece in the Lancet Child & Adolescent Health journal. But another expert warns doing so risks “further infantilising young people”. When puberty begins Puberty is considered to start when the part of the brain known as the hypothalamus starts releasing…

President Nana Addo Dankwa Akufo-Addo on Wednesday swore in a 10-member board for the Ghana Investment Promotion Centre (GIPC). The board will be chaired by Kwasi Abeasi. The swearing-in ceremony, which took place at the Flagstaff House, saw in attendance the Minister of Finance, the Chief of Staff and the Executive Secretary at the Presidency among others. Membership of the new board will include the Chief Executive Officer of the GIPC, Yofi Grant, First Deputy Governor of the Bank of Ghana Maxwell Opoku-Afari, Acting Director General of the National Development Planning Commission Dr Grace Bediako and Deputy Trades Minister Carlos…

The Director of Legal Division at the National Communications Authority (NCA), Abena Asafo Adjei, has told an Accra High Court that monies withdrawn from the Authority’s account and used in purchasing cyber security equipment did not have the approval of the board. Led in evidence-in-chief by Director for Public Prosecution Yvonne Atakora Obuobisa, Ms Asafo Adjei said minutes of board meetings during the period 2015 till date do not show any request and approval of a sort brought before members of the board. She also added that the only request for external support was in regard to some GH¢2.2 million for the…

Hearts of Oak Head coach Frank Nuttal has heaped praise on his players for their resistance to overcome a tough test from their arch-rivals Asante Kotoko in the FA Cup semi-final tie on Wednesday. The Accra-based side came through with a 4-2 penalty shootout win against the Fabulous boys after a 0-0 stalemate to progress to the final. Nuttal couldn’t hide his joy and says they deserved the win. “It’s another well-fought game by both sides especially when you consider it being a preseason game and both sets of players really worked very hard for the club and that is…

A Canadian woman has been convicted of killing her friend after police discovered the murder weapon used in a picture of the pair on social media. Cheyenne Rose Antoine, 21, pleaded guilty on Monday to killing Brittney Gargol, then 18, in March 2015. Gargol was found strangled to death near a landfill in Saskatoon, Saskatchewan, with Antoine’s belt near her body. Antoine was sentenced to seven years for manslaughter. She was identified as a suspect after she posted a selfie on Facebook of the two of them, showing her wearing the belt hours before Gargol died. What happened? The two…

President Nana Addo Dankwa Akufo-Addo says his administration, over the course of its first year in office, has risen to the challenge, and demonstrated that doing things differently achieves positive results. According to President Akufo-Addo, “we inherited an economy that was in distress, choked by debt, and with macroeconomic fundamentals in disarray. We had to do things differently, and those were my marching orders to all members of the government.” Thus, upon assumption of office, his Economic Management Team set to work to sort out the country’s macroeconomic fundamentals, and to find imaginative ways to deal with the oppressive debt…

It’s January, which means you may have stood on the scales and decided to go on a diet. But what sort? For many years, low-carb diets have been in fashion – based on the belief that eating lots of carbohydrates, particularly in the form of sugary treats such as white bread, rice or pasta, is bad for your waist and for your blood-sugar control. The reasoning is that if you eat lots of carbohydrates and sugars, particularly the sort without fibre that get quickly absorbed, they will rapidly push up your blood glucose (sugar) levels. Unless you burn this glucose…

In what was an extraordinary revelation by Nana Addo Dankwa Akufo-Addo, the President of Ghana claimed he had forgotten about the Dzamefe Commission white paper as he met the press after one year in office. The Dzamefe Commission produced the white paper after its investigation into Ghana’s participation in the 2014 World Cup and the matters that arose after it. After several revelations during the three-month-long sitting, the three-member committee brought up several recommendations that seek to resuscitate football in Ghana and bring an end to the alleged corruption at the Ghana Football Association (GFA) and the Ministry of Youth and Sports. However, according…

The Asantehene, Otumfuo Osei Tutu II, has honoured media giant, Media General Ghana, for its excellent and extensive coverage of the final funeral rites of the late queenmother of the Asante Kingdom, Nana Afia Kobi Serwaa Ampem II. Led by TV3 Network, Media General provided days of live coverage of the funeral rites to expose the rich tradition and culture of the Kingdom to the world. The company was presented with a citation at a ceremony at the Manhyia Palace to recognize the exemplary services provided by organisations and personalities during the event. The citation expressed appreciation for TV3’s loyal…