Professor Eddie Obeng says Ghana’s new GH¢50 note shows his mother, Dr Letitia Obeng, instead of aunt Theodosia Okoh, raising questions over the Heritage Series.
Mahama said old Ghana cedi notes would remain in use alongside the new Heritage Ghana Series as banks gradually withdraw them during a phased transition plan.
The Subway sandwich chain is near a deal to be acquired for more than $9 billion in a transaction that could be announced as soon as Wednesday, a person familiar with the matter said. Bids for the sandwich chain were due Tuesday, the person said, with competing offers from Roark Capital and a consortium that includes private equity firms TDR and Sycamore.
Sales of homes in the United States ticked down in July, according to industry data released Tuesday, as elevated mortgage rates and limited housing supply held buyers back. Sales of existing homes "likely have further to fall over the rest of the year as higher mortgage rates and a mild recession squeeze demand and keep supply conditions tight," said economist Michael Pearce of Oxford Economics.
Turkish rapid grocery delivery firm Getir said Tuesday it was slashing over a tenth of its global workforce in a bid to stem losses and keep its foothold in parts of Europe and the United States. The layoffs will come in five countries where Getir intends to maintain operations -- Turkey, Britain, Germany, the Netherlands and the United States.
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