Month: May 2022

23.6% Inflation Rate At A Time Businesses Are Collapsing Not Good News – GUTA

23.6% Inflation Rate At A Time Businesses Are Collapsing Not Good News – GUTA

The Ghana Union of Traders Association (GUTA) has expressed concerns about the increasing rate of inflation in Ghana. President of GUTA, Dr. Joseph Obeng said the rising inflation will definitely have a negative impact on businesses in the country. The Ghana Statistical Service (GSS) announced on Wednesday May 11 that the national year-on-year inflation rate was 23.6% in April 2022, which is 4.2 percentage points higher than the 19.4% recorded in March 2022. The month-on-month inflation between March 2022 and April 2022 was 5.1%, the GSS said on Wednesday May 12. Four Divisions, Transport, Household equipment and Routine Maintenance, Food and Non-Alcoholic Beverages, and Housing, Water,…
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Utility Tariff Adjustment Must Favour Industries, Sustain Business Growth – GNCCI

Utility Tariff Adjustment Must Favour Industries, Sustain Business Growth – GNCCI

As the Public Utilities Regulatory Commission (PURC) engages stakeholders on electricity tariff adjustment in the face of current economic challenges, the Ghana National Chamber of Commerce and Industry (GNCCI) says any adjustment must favour industries. According to the GNCCI, further increases, particularly in energy cost, will be detrimental to the private sector. The GNCCI notes that the PURC must consider cushioning the business community with a comparatively lower tariff that is reflected in the production capacity of manufacturing and key service sectors. Already, businesses are recovering from the impact of the pandemic in addition to rising cost of doing business.…
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Gyakie Quayson Is Eager To Go To Nsawam- Rev. Opoku Acheampong (VIDEO)

Gyakie Quayson Is Eager To Go To Nsawam- Rev. Opoku Acheampong (VIDEO)

The  New Patriotic Party (NPP) Eastern Regional Organizer hopeful, Rev Opoku Acheampong, has said that Gyakie Quayson is eager to go to Nsawam Prisons. In an Interview on Movement In The Morning Political Show with Kwaku Dawuro, he reminded the former Assin North Member of Parliament (MP) that on the day of his judgement the people who are supporting him will not be around when it is time to go to prison. “ Some people are not scared of the law, it seems Gyakie Quayson is joking with the court. He went against the constitution- he knew holding a dual…
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Accra Hearts Of Oak Open Commercial Centre

Accra Hearts Of Oak Open Commercial Centre

Accra Hearts of Oak have commissioned a state-of-the-art commercial centre. The centre will be mainly used for commercial events and will also house a Phobia store and a match ticket centre. In attendance were Club Board Chairman, Togbe Afede XIV, and various Board members including Dr Nyaho Tamakloe, amongst other dignitaries. The commercial centre is the first part of a four-step infrastructure project to modernise the club. The steps are as follows: Commercial Centre New Head Office Pobiman Sports Complex Dedicated football stadium Togbe Afede explained that the current Board has been in place for 10 years and needed something…
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Kudus Mohammed Wins Second Successive League Title With Ajax

Kudus Mohammed Wins Second Successive League Title With Ajax

Kudus Mohammed was a second-half substitute as Ajax clinched back to back titles and the club’s 36th overall after a 5-0 win over SC Heerenveen. Ajax who were 4 points ahead of rivals PSV Eindhoven going into the match, scored 3 first half goals to all but seal the title after 45 mins. Kudus, who came on in the 68th minute for Davy Klaassen, has played 15 league games in an injury-hit season. However, he started just 4 games and scored one goal. The Ghanaian international will be hoping to play a more pivotal role in future campaigns.
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Hearts Of Oak Announce Plans To Build Their Own Stadium

Hearts Of Oak Announce Plans To Build Their Own Stadium

Accra Hearts of Oak announced they will be building a 15,000-seater stadium in the near future. The information was revealed during the commissioning of their new commercial centre. The commercial centre is the first part of a 4-step infrastructure project to modernise the club. The club will also build a new head office, complete the Pobiman project and in the last phase build the dedicated stadium. Speaking at the event, club board chairman Togbe Afede, explained that infrastructure was key to the future of the club “We identified the need to build up infrastructure, to help us achieve our objectives.…
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Kidi Gifts ‘Viral’ Taxi Driver GHC5000 For His Selfless Gesture To Trader

Kidi Gifts ‘Viral’ Taxi Driver GHC5000 For His Selfless Gesture To Trader

Musician Kidi has proven that he is not only good at music but also good at heart. The "Golden Boy" or call him "Lord Kidi", on Wednesday, May 11, 2022, entered the studios of Okay FM for an exclusive interview and came to meet Kwesi Ackon, a 'good samaritan' taxi driver whose gesture has gone viral on social media platforms. The taxi driver has been receiving tonnes of commendations after a video popped up showing him returning a sum of GHC 8400 to a trader who left the money in his taxi. The act, which many find to be rare in…
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Kuami Eugene To Release New Music Project Titled ‘Rags To Riches’

Kuami Eugene To Release New Music Project Titled ‘Rags To Riches’

Ghanaian singer and producer, Kuami Eugene, is set to release his next collection of works after six months of keeping fans waiting. The 2020 Vodafone Ghana Music Awards (VGMA) ‘Artiste of the Year’ and his team intend to release an EP this year. On the red carpet at the 2022 VGMA, the Lynx Entertainment signee gave a hint of the project with his themed outfit. The ‘Dollar On You’ hitmaker wore a dusty brown tail suit which had one side decently made and the other side raggy. He matched this with half of his hair braided and the other left…
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I Challenge NDC To Point Out Any Monumental Project They Have Done-Stephen Kwesi Acquah (VIDEO)

I Challenge NDC To Point Out Any Monumental Project They Have Done-Stephen Kwesi Acquah (VIDEO)

A Communications Team Member for the New Patriotic Party (NPP), Stephen Kwasi Acquah, has challenged the National Democratic Congress (NDC) to point out any epic project they did from 2009 to 2016. Stephen joined the host Kwaku Dawuro on Movement In The Morning Political Show on Thursday 12th May, 2022. In his submission he said, "since the NDC assumed power in 2009 under the late president Mills government till Mahama took over from 2011 to 2016, they cannot point to any huge project they have initiated''. “The NPP governance under ex-President Kufuor witnessed the fastest economic growth. He introduced the…
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Balenciaga Selling Destroyed Sneakers For $1,850 – PHOTOS

Balenciaga Selling Destroyed Sneakers For $1,850 – PHOTOS

Luxury fashion house Balenciaga has unveiled a new campaign promoting a series of roughed up sneakers with an eye-watering price tag, and the internet has thoughts. The images, shot by photographer Leopold Duchemin for the brand, of severely tattered, distressed shoes have gone viral following Monday's launch of the couture brand's new Paris sneaker, with outrage at the appearance of the high tops swirling online. But the photos of the destroyed sneakers circulating on social media don't exactly tell the whole story. While they have courted the most controversy, the images are actually of exaggerated, limited edition versions of the…
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