CHAN
Report: Jack Ma’s Ant Group considers overhaul due to regulatory pressure
Chinese financial technology giant Ant Group plans reorganisation that would allow it to be regulated more like a bank, Bloomberg reports. Jack Ma’s besieged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units. The fintech giant is planning to move any unit that would require a financial license into the holding company, pending regulatory approval, said the people, who asked not be named because the matter is private. The plans are still under discussion and subject to change, the people said. Ant declined to comment. The operations that Ant is looking to fold into the holding company include wealth managemen...
Togo pay tribute to Edem Koudagba after unexpected death
The Togolese Football Federation have paid tribute to ASC Kara striker Kossi Edem Koudagba following his death at the age of 24 on Thursday. The striker, who netted against Nigeria at the 2019 Wafu Cup of Nations, died in his hometown of Davie following a short illness. “In these painful circumstances, the Executive Committee of the FTF wish to salute the memory of the player, whose qualities on and off the field are known to all,” a communique from the federation began. “The FTF Executive Committee would like, on behalf of Togolese football, to express our deepest condolences and express our feelings of sympathy to the family of the deceased, loved ones, the ASCK club, as well as the staff and players of the Togo national team.” Koudagba’s death was announced on Thursday, with the young f...
Gernot Rohr: Why it’s difficult for NPFL players to break into Super Eagles
Super Eagles boss Gernot Rohr has defended his decision for overlooking players in the Nigeria Professional Football League for national team selection. Since his appointment four years ago, Super Eagles, only Heartland goalkeeper Ikechukwu Ezenwa has enjoyed constant invitation into the team and many have accused him of killing other talents in the domestic league. Rohr has now defended himself and said he has invited 23 players from the local league since he took the Super Eagles in 2016, but it became difficult to continue working with the players because most of them are leaving for greener pasture. “Unfortunately, Nigeria professional football league is not playing like other leagues that are coming back, but they also have a chance to come in my team and you know I already invited 23...
