October 2020 - Page 3 of 93

30 Oct

World Bank approves US$250 million for establishment of Development Bank Ghana

Wontumi2Business

The World Bank Board of Executive Directors on Thursday, October 29, 2020, approved US$250 million from the International Development Association (IDA) to support the establishment of the Development Bank of Ghana (DBG) also known as the National Development Bank. The move is to help to increase access to long term finance and boost job creation for 10,000 enterprises in key sectors including agribusinesses, manufacturing and high-value services. According to Pierre Laporte, World Bank Country Director for Ghana, Sierra Leone and Liberia, by offering long-term wholesale financing, credit guarantees, and other services, the Ghana Development Finance project will help increase overall…

30 Oct

GCB earnings inch up 25% in third-quarter 2020

Wontumi2BusinessGCB

Ghana’s second largest bank, GCB Bank posted a profit of 25% for the third quarter of this year. According to its unaudited third quarter results, earnings reached GHS278 million in the nine months of this year. The strong growth in income resulted in an earnings per share of GHS1.40. If not for a high provision for bad debt made, the bank will have recorded a very high income. It appears GCB Bank was not impacted heavily by covid-19 pandemic because all its income lines grew. The balance sheet size stood a little above GHS27 billion with customer deposits growing by…

30 Oct

KMA CEO Reveals Plans To Maintain Sanity Ahead Of Christmas

Jackson Odom KpakpoNewsKUMASI MAYOR

KMA CEO Reveals Plans To Maintain Sanity Ahead Of Christmas The Chief Executive of the Kumasi Metropolitan Assembly, Hon. Osei Assibey Antwi, has said that the Assembly is putting good measures in place to ensure that people would enjoy the festive season . According to him, the Coronavirus pandemic still exists with the World Health Organization (WHO) issuing a caution to the world to be very vigilant. Hon. Osei Assibey told Oheneba Nana Asiedu in an exclusive interview on Wontumi Radio/TV that, due to the prevalence of the pandemic it has become necessary for the Assembly to put strong measures…

30 Oct

I Look Very Healthy Because I Don’t Drink Alcohol – Akufo-Addo

Jackson Odom KpakpoNews

I Look Very Healthy Because I Don’t Drink Alcohol – Akufo-Addo The First Gentleman of the land, Nana Addo Dankwa Akufo-Addo, has revealed reasons why he always look healthy and very energetic even in his 70s. According to the President, he stopped drinking alcoholic beverages some twenty-six years ago. And also, he eats our local dishes and for that he is always strong. “I don’t drink these days. I stopped drinking in 1994 that’s like 26 years ago,” when asked whether he was drinking while he was a Minister the President said “I wasn’t drinking and what I used to…

30 Oct

Video: Businessman Gunned Down By Armed Robbers in Kumasi

Jackson Odom KpakpoNewsBUSINESS MAN

Businessman Gunned Down By Armed Robbers in Kumasi Information reaching wontumionline.com indicates that a businessman has been gunned down by armed robbers at Alabar in Kumasi. According to the report, the armed robbers stormed the stores in Alabar this afternoon on October 30, 2020 demanding money from the shop owners and at the same firing gunshots. An eye witness who is a shop owner said he was shot three times but the bullet couldn’t penetrate because he was downed by spiritual powers. He added that the businessman who owns a shop at Alabar was shot dead as a results of…

30 Oct

John Mahama Deserves The Title, “Chief Communicator Of Propaganda” – GCPP Chairman

Jackson Odom KpakpoNewsCHAIRMAN OMAR

John Mahama Deserves The Title, “Chief Communicator Of Propaganda” - GCPP Chairman Kofi Owusu Omar, Ashanti Regional Chairman of the Great Consolidated Popular Party, (GCPP) has suggested that former President John Mahama should be given an international award as the “ Chief Communicator of Propaganda.” According to him every political platform utterance by the NDC flagbearer is full of lies because he is not a trustworthy person. Speaking on the Kumasi-based Wontumi Radio/TV Morning Show, Chairman Omar challenged John Mahama to point to the number of infrastructural projects that stand in his name. He said that, unlike the former President…

30 Oct

Stop Deceiving Yourself That You Will Win The Election- Chief To NDC

Jackson Odom KpakpoNewsNANA OTEATUOSO

Stop Deceiving Yourself That You Will Win The Election- Chief To NDC Etwienana Baffour Oteatuoso Kokoben II, Akwanserehene of Akyem Kwabeng, has re-echoed that, John Mahama and his NDC have no dog chance of winning the December polls so they should stop deceiving themselves. "If anybody including Ofosu Ampofo, tells you that you will win the elections then that person is deceiving you." John Mahama noted. He said that, in his view “only a small fraction of the voter population will vote for the NDC.” "All prominent members of the NDC s have predicted doom for the opposition party.." Nana…

30 Oct

Akufo-Addo Poised To Introduce Massive Development Projects In His 2nd Term- Kadjebi DCE

Jackson Odom KpakpoDistrict Diaries, NewsKADJEBI DCE

Akufo-Addo Poised To Introduce Massive Development Projects In His 2nd Term- Kadjebi DCE Hon. Maxwell Kofi Asiedu, District Chief Executive of Kadjebi in the newly created Region, Oti, says President Akufo-Addo is poised to initiate more development projects across the length and breadth of the country when Ghanaians give him another four more years to rule. Hon. Kofi Asiedu acknowledged that President Akufo-Addo has done extremely well and that he deserves another four years to do even more. According to the Kadjebi DCE who appeared on Wontumi Radio/TV's flagship programme dubbed Election 2020, President Akufo-Addo has fulfilled almost all of…

30 Oct

Live By Your Age – Bawumia’s Binsmen Descend On Ndebugri Over Tribal Comments

Jackson Odom KpakpoNewsLive By Your Age – Bawumia's Binsmen Descend On Ndebugri Over Tribal Comments

Live By Your Age – Bawumia's Binsmen Descend On Ndebugri Over Tribal Comments Kinsmen of Vice President Dr Mahamudu Bawumia have descended on Former People’s National Convention (PNC) Member of Parliament(MP) for Zebilla Constituency, John Ndebugri over his recent tribal comments drawing in the second gentleman of the land. They described him as a respected man who is refusing to live according to his age as an elder who must be seen advising the younger ones against such utterances. “We are very disappointed that Mr Ndebugri who despite his age and level of education would stoop so low and engage in…

30 Oct

Shatta Wale Breaks Down In Tears After Trotro Driver Offloads Passengers Just To Meet Him- Video

Wontumi2ShowbizHITZ FM, Shatta Wale

A trotro driver has shown the true definition of “die hard fan” of the dancehall artiste Shatta Wale after he parked his vehicle just to meet the artist one-on-one in the studios of HITZ FM. In a viral video, the driver was seen parking his vehicle in front of Multimedia after he got to know that the dancehall artiste Shatta Wale was in the studios of HITZ FM. He asked all passengers to get down from the vehicle, paid back their monies just to catch a glimpse of Shatta Wale. The commercial driver who had a tattoo of Shatta Wale…