Ghana, previously perceived as a haven of continuous light, is currently experiencing between 550 and 600 megawatts of power shortfall on its national electricity grid. That, according to the Public Relations Officer of the Electricity Company of Ghana, Mr William Boateng, is the reason why the company is considering the introduction of a 24-hour power rationing schedule, under which specific areas would have power shut down for 24 hours while others have power for 24 hours. Speaking at a stake holders crisis meeting in Accra to review the power supply situation for the management of the sector to firm up…
Author: Pride Team
The government of Uganda has taken the final step that will enable her join the East African one-area network currently being implemented by Kenya and Rwanda since September 1, 2014. This follows a letter that Uganda’s Minister of State for Finance (privatization), Aston Kajara wrote to the Minister of Information and Communication Technologies, John Nasasira. The letter entitled “Proposal to Remove Excise Duty on International Incoming Calls originating and Terminating within the Northern Corridor Region”, referred to the directive of the July 3, 2014 Summit of the Northern Corridor Integration in Kigali, Rwanda to the partner states to implement the…
By Tunde Ajibade If you are remotely as lazy as this writer then you certainly have been berated in the past for being a little too lighthearted. While I do appreciate occasional awakening, I am not of the opinion that your concentration has to be at the peak always to achieve the best results. I do feel we all, at times, take life too seriously and that doesn’t necessarily come with any perks. Let’s look at the goalkeeper in a football game. When his team is defending the goalkeeper is expected to be at alert. He positioning and movement should…
Multi- award winning Nigerian actor cum comedian, Ayo Makun (Ayo Richard Makun, also known by his stage name A.Y is currently in a happy mood. His dramatic movie ‘30 Days in Atlanta’ won four major feathers to its cap by winning four more awards at the just concluded Golden Icons Academy Movie Awards (GIAMA) which took place in Houston Texas on Saturday, October 25,2014. The Movie won the award for Best Film (Comedy), Best On-Screen Duo (AY and Ramsey Nouah), Best Cinematography and Hollywood star Lynn Whitfield also got a Special Recognition Award for her role in the movie. These…
Singer Abolore Akande widely known as 9ice has stooped to conquer critics. Last week, Media and fans called 9ice’s attention to a grammatical blunder on his campaign poster where he wrote ‘Ogbomoso must be Renew’ instead of ‘Renewed’. Heeding to media advice, the Gongo Aso crooner turned politician, who is gunning for a Federal House of Representatives seat in Oyo State come 2015, has released new campaign posters, making a point to correct the grammatical error. This time, in one of the posters styled in the manner of one of US President, Barrack Obama‘s 2008 poster as candidate of the…
By Alex C A new residential and investment opportunity has opened for investors and home-seekers, especially professionals within the mid-income bracket and others with a sustainable income flow, as Alphamead Property Development Company unveils its Lekki Pearl Estate. Described by its promoters as the choice destination for premium value and unparalleled comfort, considering its aesthetics, world class facilities and infrastructure, Lekki Pearl comes with an ambitious proposition, offering 112 livable and functional homes designed to give quality communal living experience to prospective residents. Alphamead Property Development Company, a subsidiary of AlphaMead Facilities & Management Services Limited, is a new generation…
By Alex C Unilever, Nigerian unit of Anglo–Dutch multinational company has said that Pre-tax Profit for the nine months ended September 30 fell 49 percent to N2.54 billion ($15.38 million), compared with N5.03 billion of the corresponding period of last year. The Nigerian Stock Exchange (NSE)-listed household product maker’s revenue also dropped to 4 percent to N43.63 billion, from N45.61 billion in 2013, the company said. In September 2014, Unilever disclosed it will be investing 150 million Euro ($194 million) across its Nigerian production lines in a move to enhance local production capacity as well boost relations with domestic raw…
By Alex C Stock price of Shoprite, Africa’s biggest grocery firm, rose impressively after the company said it had increased turnover by 12.3 percent in the quarter to September in 2014. The stock gained 7 percent during intra-day trading on the Johannesburg Stock Exchange (JSE) on Monday in what indicated that investors liked the trading update that the company had released earlier in the day. Shoprite said it had achieved a 12.3 percent surge in turnover despite local market conditions remaining relatively unchanged with the South African consumers being under pressure. The company has its core business in South Africa…
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