Author: Krobea

South Africa’s President Jacob Zuma has sacked Finance Minister Pravin Gordhan after days of speculation that rocked the country’s markets and currency. Mr Gordhan will be replaced by Malusi Gigaba, said a statement issued late on Thursday by the president’s office. Earlier this week, President Zuma recalled Mr Gordhan from planned events in the UK. Sfiso Buthelezi will become Deputy Finance Minister, replacing Mcebisi Jonas. President Zuma also made a number of other changes in the cabinet. “I have directed the new ministers and deputy ministers to work tirelessly with their colleagues to bring about radical socioeconomic transformation and to…

Four more African nations will participate in the FIFA world cup in 2026 if the proposal by the Bureau of the body’s Council is approved in May. At its meeting on Thursday, the Bureau accepted FIFA President Gianni Infantino’s campaign promise of seeing the world cup expanded to 48 teams. By the new rebalancing, Africa will have nine nations participating in the mundial. The continent will be second to Europe as regards the number of participating teams. The Old continent will have three more participating in the four-year competition, taking its slot from 13 to 16. South and North America…

The sculptor behind a statue of Cristiano Ronaldo that left football fans scratching their heads has said his work is just “a matter of taste”. Emanuel Santos said the bust, unveiled on the Portuguese island of Madeira, was “not as simple as it seems” to create. The unveiling of the Ronaldo statue led many on social media to question the work’s resemblance to the player. It was revealed at a ceremony to name the island’s airport after him. “It is impossible to please the Greeks and Trojans. Neither did Jesus please everyone,” Mr Santos said. He said that his creation…

Lucy Quist has been honoured at the maiden Ghana Legacy Awards, alongside six other distinguished Ghanaians, for her extraordinary leadership and impact in Corporate Ghana and for her exceptional ability to transform businesses for growth and positive reputation even in the most challenging situations. Lucy Quist picked the Corporate Leadership Award for her exceptional leadership, drive, strategic insight and her commitment to shaping the minds of the next generation of African and global leaders through her mentorship initiatives and the Evolve with STEM project. Under her leadership as the Managing Director and Chief Executive Officer of Airtel Ghana, the company has consistently…

Oscars organisers are to continue using accountancy firm PricewaterhouseCoopers (PwC) despite the best film mix-up. PwC had taken responsibility for the “unacceptable” mistake which saw La La Land wrongly announced as the winner instead of Moonlight, the Academy said. Its president, Cheryl Boone Isaacs, wrote in a letter to members that new rules will also mean electronic devices are banned backstage. PwC’s Brian Cullinan was caught posting Twitter photos just before the mix-up. PriceWaterhouseCoopers counts the votes and organises the envelopes being handed out at the ceremony. Mr Cullinan was the accountant who gave the wrong envelope to actor Warren…

A South African military ship SAS Amatola valour class frigate has visited Ghana with a crew of about 180 members. The visit is to commemorate the centenary celebration of SS Mendi, the south African ship which sunk after collision with a large cargo stream ship, Darro  on 21 February 1917 during the First World War. 646 people were killed; most of whom were black South African troops. The SAS Amatola arrived in Ghana at 7gmt at the Tema port. The crew members were received by the South African High Commissioner to Ghana, Lulama Xingwana and the Defense Advisory Colonel Patience Masisi. As…

Black Stars striker Kwesi Appiah has clinched a loan deal from English Premier League side Crystal Palace to Norwegian Tippeligaen side Viking FK. The terms of the deal were not disclosed but Appiah is expected “to kick things off next week”. He signed the deal on Wednesday, March 29. In a tweet after the signing, the oft-loaned player said he is looking forward to the “new challenge” in the Scandinavian country. Looking forward to the new challenge after signing on loan with @viking_fk !! Can’t wait to kick things off next week ???????#ItsTime pic.twitter.com/ByIXl1uMNm — Kwesi Appiah (@kwes1appiah) March 29,…

Ghana Premier League clubs have been directed to observe a minute’s silence before this weekend’s kick-offs to honour former top-flight coach Herbert Addo. Addo died on Friday, March 24 at the 37 Military Hospital after a short illness. READ: Legendary coach Herbert Addo passes on at 66 He battled sickness after retiring from coaching in the Premier League, which he won with big sides Hearts of Oak and Asante Kotoko. His feat with Aduana Stars in 2009 – the last top-flight title he won – was unparalleled. Before retiring in 2016, Addo coached Inter Allies in the 2015/2016 league. “The…

Despite the raging debate as to the fact that there are too many banks in the country, Mike Nyinaku, the Chief Executive Officer of The BEIGE Group, is cautioning that the debate must be put into proper context. Mr. Nyinaku, whose BEIGE Group is in the final stages of acquiring a universal banking license from the regulator opines that comparing developments in Nigeria and South Africa, banking evolution will not suffice as a justification as each of these countries are at different stages in their development. Nigeria was just like Ghana, with about 80 financial institutions chasing after the same…

Seventeen people have been arrested after a protest at Stansted Airport in Essex temporarily halted take-offs and landings on Tuesday. Police were called at 21:30 BST as a group entered a non-commercial runway and locked themselves in an aircraft. Those involved were trying to stop a charter flight which they claim was due to deport people to Nigeria and Ghana. A spokesman for the airport said the runway was closed as a “precaution” but reopened at 23.17 BST. In total, 23 incoming flights were diverted to other airports, including scheduled arrivals from Naples, Cologne, Glasgow, Riga, Belfast and Bilbao. The…