World

China set to buy stake in National Cathedral plc; expects 300% return in 5yrs

The Chinese government has emerged as a potential buyer of a multimillion dollar stake in Ghana’s National Cathedral plc. It will be the first time the China Investment Corporation (CIC), a sovereign wealth fund with $200bn in reserves, has invested in the church business. Analysts say the deal will mark a clear shift in China’s…

Entertainment

Agyarko’s coefficient formula proves that $510m > $1.3bn

Energy Minister, Boakye Agyarko claims he has a formula which proves that a deal costing the tax payer $1.3 billion is more cost effective than one worth $510 million. Otherwise known as ‘The Agyarko Coefficient’, the formula is believed to be a modification of the famous Nyantekyi Coefficient Formula which formed the basis of distribution…

Politics

NPP trials its vote-buying plan for election 2020

The ruling NPP says it has successfully trialled its vote-buying scheme ahead of the December 2020 general elections. Around 6,000 people took part in the trial in Koforidua over the weekend which, according to the NPP, “tested the party executives’ ability to bribe voters to vote in a particular way.” A party insider said he’s…

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