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Witchdoctor Defrauds Teacher of KSh 600K with Promise of Money Multiplication
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A secondary school instructor was deceived out of KSh 600,930 by a self-proclaimed sorcerer who claimed they could increase his funds. Teacher Edward Bihemo, persuaded by the witch doctor Edward Emmanuel, believed that making regular payments would result in increased wealth. After exhausting all his personal savings in an attempt to increase his wealth,…
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Airtel Revamps Mobile Money Service: New System Live Post-May 4th
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On Saturday, May 3, at 11 pm, Airtel initiated an upgrade of their mobile money service systems, with plans for completion by Sunday, May 4, at 11 am. Nevertheless, the telecommunications company finalized the system update on Sunday, May 4 at 9 PM, as stated in a notification they published on their X account.…
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Airtel Alerts: Mobile Money Service Shutdown Set for May 3rd – International Edition
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Airtel Kenya plans to carry out an upgrade of the Airtel Money system, which will result in customers being unable to use their services throughout the duration of the maintenance period. The Airtel Kenya system update will commence on Saturday, May 3rd, at 11 PM and conclude on Sunday, May 4th, at 11 AM.…
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Web of Wealth: Unraveling Money Laundering Among Nigeria’s Elite
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Nigeria, a nation abundant in resources and promise, has consistently grappled with the pervasive issue of money laundering. TITILOPE JOSEPH examines the complex system enabling these illegal activities, uncovering the involvement of Nigeria’s upper class in an expanding web of financial crimes and analyzing the severe impact on the nation’s economy and people. In…
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The Ripple Effect: How Treasury Bill Rates Reshape Economies, Impact Citizens, and Guide Business Decisions
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By National Banking College. In Ghana, Treasury bills (T-bills) serve as much more than mere short-term government securities; they act as fundamental cornerstones of the financial system. Frequently exchanged and readily comprehensible, these instruments act as indicators of interest rate trends and reflect the broader economic condition. The article investigates the significant impacts of…
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Bridging the Gender Wealth Gap: Actionable Steps for Our Financial Sector
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By Ramat Ebella WHAJAH Achieving gender equality in finance is both a ethical obligation and an economic must. In Ghana, even though considerable progress has been made toward empowering women, a consistent disparity in wealth between genders still hinders the growth potential of female entrepreneurs and business leaders. Women continue to be underrepresented when…
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Dong Strengthens as the Dollar Takes a Dip Internationally
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On Monday morning, the U.S. dollar declined against the Vietnamese dong, continuing its downward trend against most significant international currencies. At Vietcombank, the U.S. dollar was traded at VND26,170, marking a decrease of 0.04% compared to the previous weekend rate. On the unofficial market, the dollar increased by 0.15%, trading at VND26,530. The State…
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“Disruptive Leadership: The Cost of Silent Failure” (International Edition, English)
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By Enock YEBOAH-MENSAH Theorhema stood at the end of the mahogany conference table located on the 9th floor of Apogee Bank. The room was eerily silent—no clicking of keys, no rustling of documents. Only an oppressive stillness lingered, heavy with unease and significance. He scanned the faces of his executive team—the experienced veterans, exceptional…
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Credit: A Bridge, Not a Trap – International Edition (English)
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Amidst the bustling streets of Accra, a young executive assistant steps into a nearby waakye joint. Rather than handing over cash right away, she types in a code and opts for Credit through a Buy-Now-Pay-Later (BNPL) scheme. This particular order amounts to roughly 40 Ghanaian cedis, spread across four weekly installments. Although this sum…
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Vinpearl Resorts of Vietnam’s Richest Man See 45% Revenue Boost
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Vinpearl, which manages resorts, theme parks, and golf courses owned by Vietnam’s wealthiest tycoon, Pham Nhat Vuong, reported a significant increase in revenues of 45%, amounting to VND2.44 trillion (approximately US$94 million), for the initial three months of the year compared to the same period last year. The company’s gross profit jumped 83% to…