Author Archives: GTonline

Elections 2024: Ghana Fact-checking Coalition records over 100 false publications

Elections 2024: Ghana Fact-checking Coalition records over 100 false publications

 The Ghana Fact-checking Coalition, a group of fact-checkers, has reported over 100 false publica­tions related to the 2024 elections in its Election 2024 Media Situa­tion Room. According to the coalition’s findings, 85.3 per cent of the false narratives were spread on social media, followed by 8.8 per cent on television stations, 4.4 per cent on news websites, and 1.5 per cent on radio stations. Mr Kwaku Krobea Asante, Coordinator of the Coalition, disclosed this during a press briefing at the Media Situation Room in Accra. The data was collected and an­alysed over the course of a week, covering publications before, during, and after the December 7 Presidential and Parliamentary elections. Mr Asante noted that political parties were the primary targets of misinformation and disinfor­mation. He added that the two main

2024 elections largely peaceful -WESRG

2024 elections largely peaceful -WESRG

The Women Election Situation Room Ghana (WESRG) has described Ghana’s 2024 presidential and parliamentary elections as largely peaceful and conducted in a conducive environment, despite a few isolated incidents. Speaking at a final media briefing on Sunday, the Chair­man of the WESRG, Dr Ernest Adu-Gyamfi, praised Ghanaians for their patriotism and patience during the electoral process. He noted that the voting pro­cess unfolded smoothly in most areas, adhering to the country’s electoral laws. “The Electoral Commission (EC) prepared for the elec­tions with a Voters Register of 18,774,159 registered voters, com­prising 51.6 per cent females and 48.4 per cent males. 13 candidates contested the presidential elec­tion, while 801 candidates vied for parliamentary seats across the nation’s 40,976 polling stations,” he stated. According to Rev. Dr Adu-Gyamfi, who is the Chairman of

Crypto exchange OKX launches Singapore dollar funds transfer service for local customers

Crypto exchange OKX launches Singapore dollar funds transfer service for local customers

 Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the city-state, taking a step toward deeper integration with Singapore’s traditional financial system as trading and interest in cryptocurrencies surge. The funds transfer service will be facilitated by Singapore’s biggest bank DBS Group (DBSM.SI), a statement. In an emailed comment to Reuters, Evy Theunis, head of digital assets, institutional banking group at DBS said: “DBS has been actively fostering a responsible and innovative digital asset ecosystem in Singapore for several years now. Working with OKX deepens the bank’s wide-ranging involvement in this space.” Interest in cryptocurrencies has surged following Donald Trump’s U.S. presidential election victory, on the view that friendlier regulation under his administration could usher in a new boom for all corners of the asset class.

Pride at stake as Black Stars face Angola today in penultimate AFCON 2025 qualifier

Kudus Mohammed

Ghana’s Black Stars would be in battle in Lu­anda, Angola today aiming to achieve an apparent impossible feat in the qualifiers of the 2025 AFCON in Morocco. With two matches to end the qualifiers, the Black Stars are third in Group I that has Angola securing qualification with their top position, followed by Sudan led by Kwesi Appiah. Niger have proven to be the whipping boys of the group and are winless in the four matches played so far. They have just a point after holding the Black Stars. Members of the Black Stars technical team on arrival in Luanda Ghana’s only chance of quali­fication is placed in the hope that the Black Stars win the last two matches while Sudan lose theirs against the same opposition. The fact is

Netflix hopes for live sports knockout with Paul-Tyson fight

Netflix hopes for live sports knockout with Paul-Tyson fight

A showdown between former heavyweight champion Mike Tyson and social media influencer-turned-fighter Jake Paul on Friday is the latest one-two punch from Netflix, as the media giant hopes to cash in on sports’ sprint to streaming. The intergenerational showdown has all the makings of a crossover hit, with 58-year-old Tyson bringing in the old guard and 27-year-old Paul, who achieved early fame on YouTube, appealing to the younger, screen-toting social media junkies. Available to all of Netflix’s more than 280 million subscribers for no additional fee, it could be a welcome change for American boxing fans accustomed to shelling out extra to watch marquee matches on long-time broadcaster HBO. “The trend in all sports right now is moving some of their properties to streaming,” said Bob Dorfman, a veteran San Francisco-based sports

Trump victory could ease regulatory path for Musks robotaxi, but hurdles remain

Trump victory could ease regulatory path for Musks robotaxi, but hurdles remain

As Tesla’s electric-vehicle sales have flattened this year, CEO Elon Musk has increasingly staked the company’s future on his vision for self-driving robotaxis, despite the massive technological and regulatory obstacles in delivering them. Now Musk – as one of President-elect Donald Trump’s biggest backers – may have the influence to help break through those regulatory roadblocks. Tesla (TSLA.O) currently faces a diverse landscape of state driverless-vehicle laws that Musk blasted in an Oct. 23 earnings call, calling it “incredibly painful to do it state-by-state.” He signaled he would advocate for one federal approval process if Trump won and followed through on a promise to name Musk “efficiency czar.” “If there’s a department of government efficiency,” Musk said, “I’ll try to help make that happen.” On Tuesday, Trump tapped Musk and another ally to lead such an entity, which is not

Swiggy delivers 15% jump in India debut as investors bet on quick commerce

Swiggy delivers 15% jump in India debut as investors bet on quick commerce

SoftBank-backed Swiggy’s (SWIG.NS), shares jumped nearly 15% in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers increasingly go online and want fast deliveries. Swiggy’s shares bucked weakness in the broader Indian market and recorded a better performance than some analysts had predicted for the loss-making firm after its $1.4 billion IPO – the country’s second biggest this year. The stock (SWIG.NS), listed at 420 rupees ($4.98) on India’s National Stock Exchange and rose to a high of 448 rupees, giving the company a valuation of nearly $12 billion. Swiggy and its main rival Zomato are riding a wave of new shoppers in India by offering so-called “quick commerce” grocery deliveries within 10 minutes, diversifying from their main food delivery businesses. The boom in

3 Ghanaian coys win 2024 Kaizen award for efficiency, innovation

3 Ghanaian coys win 2024 Kaizen award for efficiency, innovation

 Three Ghanaian-owned companies on Wednesday emerged as winners of the Ghana National Kaizen Awards 2024 for their excellence in opera­tional efficiency and innovation. KAIZEN is a Japanese philos­ophy and methods of quality and productivity which are key for Japanese industrial development and applied techniques. The awardees included Solution Oasis Limited, Yedent Agro Group of Companies, and Asheba Com­pany Limited. Solution Oasis Ltd, an agro-pro­cessing company known for pro­ducing premium natural skincare products, was named the overall winner and also received the Micro Small Enterprise Award. Yedent Agro Group of Compa­nies, based in Sunyani, took home the Medium Enterprise of the Year Award for its contributions to agro-processing while Asheba Company Limited, a company that specialises in the process­ing of shea nuts into shea butter and shea-based products, won the Large

LightOn to become Europes first listed GenAI startup with Paris IPO

LightOn to become Europes first listed GenAI startup with Paris IPO

French generative AI startup LightOn launched an initial public offering (IPO) on the Euronext Growth market in Paris on Friday, with a listing expected later in November. WHY IT’S IMPORTANT LightOn, which provides large language model (LLM) software to businesses and the French government, would become the first GenAI startup to be listed in Europe. European peers like France’s Mistral or Germany’s DeepL have so far preferred to raise funding by remaining private. France is promoting itself as Europe’s main hub for artificial intelligence, in a bid to close a long-standing innovation gap with the U.S. and Britain. KEY QUOTES “This planned IPO offers investors a unique opportunity to participate directly in the growth of a French technology champion that is already successfully deploying its AI solutions with major groups

Australia proposes world-leading ban on social media for children under 16

Australia proposes world-leading ban on social media for children under 16

The Australian government will legislate for a ban on social media for children under 16, Prime Minister Anthony Albanese said on Thursday, in what it calls a world-leading package of measures that could become law late next year. Australia is trialing an age-verification system to assist in blocking children from accessing social media platforms, as part of a range of measures that include some of the toughest controls imposed by any country to date. “Social media is doing harm to our kids and I’m calling time on it,” Albanese told a news conference. Albanese cited the risks to physical and mental health of children from excessive social media use, in particular the risks to girls from harmful depictions of body image, and misogynist content aimed at boys. “If you’re a

UBS pilots blockchain-based payment system

UBS pilots blockchain-based payment system

 Swiss bank UBS (UBSG.S) said on Thursday it had successfully piloted a blockchain-based payment system it has developed to improve efficiency of cross-border transactions known as UBS Digital Cash. In the pilot, transactions were carried out with multinational clients and banks, including domestic transactions in Switzerland and cross-border payments in U.S. dollars, Swiss francs, euros and Chinese yuan, UBS said in a statement. Andy Kollegger, head UBS Institutional & Multinational Banking, described blockchain-based payment solutions for cross-border payments as a strategic focus for UBS. “UBS Digital Cash going forward aims to enable our clients to make cross-border payments in a much more efficient and transparent way,” Kollegger said. The pilot scheme included the transfer of liquidity between various UBS companies. UBS said it plans to expand and develop UBS Digital Cash in

Interview: CIIE a key trade platform for Africa, says South African expert

Interview: CIIE a key trade platform for Africa, says South African expert

The China International Import Expo (CIIE) is an important platform for Africa to showcase its products and enhance trade with China, said a South African expert. “China has an important and attractive market, and the CIIE is incredibly big and diverse. It’s a wonderful opportunity for African businesses to tap into the Chinese market and understand what’s happening in the global market,” said Philip Myburgh, group head of trade at Standard Bank Business and Commercial Banking, in an interview with Xinhua ahead of the 7th CIIE due from Tuesday to Sunday in Shanghai. Given that Africa sometimes takes a backseat or gets overshadowed by larger economies at global events, Myburgh said they expect more exposure to and attention from the international community. “We are certainly getting a stronger presence at

Govt committed to supporting public sector lawyers President

Govt committed to supporting public sector lawyers  President

 The President, Nana Addo Dankwa Akufo-Addo, has called on public sector lawyers to continue with the pursuit of ethical prac­tice and shared dedication in order to establish a legacy of legal excellence. He said this was the only way by which they could strengthen the foundations of public service. • President Akufo-Addo interacting with Helen Ziwu (left). With them is Mr Godfred Dame “Ladies and gentlemen, members of the bar, as public sector lawyers, the path we walk is one that demands courage, com­mitment, integrity, and a ceaseless pursuit of excellence. The government is committed to sup­porting your development, ensuring that our legal teams are well prepared to face the challenges of our time,” he empha­sised. President Akufo-Addo made the call at the opening of the maiden Public Sector Lawyers’

Dont go on strike!! go back to negotiating table FWSC appeals to CLOGSAG

Dont go on strike!! go back to negotiating table  FWSC appeals to CLOGSAG

The Fair Wages and Salaries Commission (FWSC) has appealed to Civil and Local Government Staff Association of Ghana (CLOGSAG) to reconsider its planned strike action and return to the negotiating table. The strike slated for Thursday, November 7, 2024 comes amid ongoing salary structure nego­tiations and disagreements with the Fair Wages and Salaries Commission (FWSC) over the terms of government workers’ compensation. Ms Emelia Ennin, Head of Public Affairs at FWSC, in a press statement said CLOGSAG initially submitted its request for a revised salary structure and improved conditions of service to the Office of the Senior Presidential Advisor for consideration. “In response, the government, represented by FWSC and other officials, formed a technical committee to discuss the proposals alongside CLOGSAG representatives. Both parties com­mitted to working toward a solution

Foxconn says Oct revenue +8.59% y/y, Q4 outlook good

Foxconn says Oct revenue +8.59% y/y, Q4 outlook good

Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker and Apple’s (AAPL.O), biggest iPhone assembler, on Tuesday reported revenue for October rose 8.59% year-on-year to reach the highest on record for the month at T$804.8 billion ($25.20 billion). “Looking ahead to the fourth quarter, operations are anticipated to show both quarterly and yearly growth,” the company said in a statement, without giving details. Source: www.reuters.com The post Foxconn says Oct revenue +8.59% y/y, Q4 outlook good appeared first on Ghanaian Times.