Month: December 2022

Asiedu Nketia Must Be Investigated For His ‘2nd Independence’ Comment – Justine Koduah To The Security Services
22 Dec

Asiedu Nketia Must Be Investigated For His ‘2nd Independence’ Comment – Justine Koduah To The Security Services

wontumionlineFeatured, News, Trending, ,
The General Secretary of the ruling New Patriotic Party (NPP), Justine Koduah Frimpong has urged the security institutions to invite Asiedu Nketia over certain utterances he has made.  This comes on the back of a comment made by the newly elected national Chairman of the NDC, during his acceptance speech- where he noted that the NDC will gain a second independence for the country and will do that whether hook or crook and even if it will take the shedding of blood to do so, they are prepared. According to Justine Koduah, these statements are very harsh and condemnable hence…
Read More
Comedian Basketmouth Announces The End Of His Marriage After 12 Years
22 Dec

Comedian Basketmouth Announces The End Of His Marriage After 12 Years

wontumionlineShowbiz
Ace comedian, Bright Okpocha, popularly known as Basketmouth, has announced that he and his wife Elsie Okpocha have separated after 12 years of marriage. Taking to his Instagram page, Basketmouth explained: "After much deliberations, my wife and I have made the difficult decision to end our marriage." He asked members of the public for privacy as they navigate their new life. As much as it pains me to bring my personal life to the public space, this is an unavoidable situation ''After much delibrations, my wife and I have made the difficult decision to end our marriage. As we move forward…
Read More
Has Prof Hanke “Depreciated Against The Cedi With His Dashboard?” Chairman Wontumi Quizzes
22 Dec

Has Prof Hanke “Depreciated Against The Cedi With His Dashboard?” Chairman Wontumi Quizzes

wontumionlineNews, Trending
The Ashanti Regional Chairman for the New Patriotic Party, Mr. Bernard Antwi-Boasiako, is concerned about the whereabouts of Professor Steve Hanke. Mr. Bernard Antwi-Boasiako popularly known as Chairman Wontumi slammed Prof. Hanke for going under the radar ever since the Ghanaian cedi bounced back and is performing well against the US dollar. The loudmouth professor of applied economics at the Johns Hopkins University had been vocal and once described Ghana’s economy as being in the tank. But in a strange turn of events, he has been silent and refrained from commenting on Ghana’s economy since things started looking bright. It…
Read More
First Oil Products Under Gold For Oil Policy To Be Delivered In January- Bawumia
22 Dec

First Oil Products Under Gold For Oil Policy To Be Delivered In January- Bawumia

wontumionlineBusiness, Featured, Trending
Vice President Mahamudu Bawumia, has announced that arrangements have been made for the first oil products under the Gold for Oil policy to be delivered in January 2023. This was contained in a short statement  written by the Vice President and cited by movementtvonline.com.  Statement below... Dr. Mahamudu Bawumia writes: I am happy to announce that the Government of Ghana has concluded the arrangements for the operationalization of the Gold for Oil policy. Consequently, the first oil products under the policy will be delivered next month (January 2023). My thanks to the Minister for Energy, Minister for Lands and Natural…
Read More
Parliament Goes On Recess After Approving Two More Loans
22 Dec

Parliament Goes On Recess After Approving Two More Loans

wontumionlineNews,
Ghana’s Parliament has adjourned sine die after passing the Appropriation Act 2022 to authorise government expenditure for 2023. However, this was not before adding two new loans to the debt burden of Ghana’s already debt-distressed economy, which is seeking support from the International Monetary Fund (IMF) and is currently negotiating tumultuous debt exchange programs with domestic and international creditors. According to the House, 30 million Euros has been authorised as a loan to Finance the “Government Goes Solar Project” and another 116 million Euros to finance “the 330kv Accra-Kumasi Transmission Line Project.” Despite the precarious state of Ghana’s debt situation,…
Read More
E-levy Rate Reviewed To 1%; GH¢100 Daily Threshold Maintained
22 Dec

E-levy Rate Reviewed To 1%; GH¢100 Daily Threshold Maintained

wontumionlineNews
The Minority in Parliament has succeeded in ensuring that government maintains the GH¢100 Mobile Money threshold. Parliament also approved the reduction of the Electronic Transfer Levy from 1.5 to 1 percent, effective 2023. Debating the amendment of the Bill in Parliament, Ranking Member on the Finance Committee of Parliament, Dr. Cassiel Ato Forson said the Minority would now support the levy to help the government rake in an amount of GH¢2.2 billion for 2023. “The value of GH¢100 from the time the levy was introduced till today has been eroded. So I don’t know why that threshold should be removed.…
Read More
Health Workers Drop Roadmap To Shut Down Facilities Over Debt Exchange
22 Dec

Health Workers Drop Roadmap To Shut Down Facilities Over Debt Exchange

wontumionlineNews,
The Joint Health Sector Unions and Professional Associations say all public health facilities will be completely shut down by January 9, 2023. This will arise if government fails to exempt the pension funds of organized labour from the Debt Exchange Programme. It comes on the back of threats of a public sector shutdown by organized labour beginning Tuesday, December 27, 2022, over the debt restructuring move. The health groups have backed the indefinite strike as services of health workers will be withdrawn in phases. The Joint Health Sector Unions and Professional Associations is made up of Ghana Medical Association, Ghana…
Read More
Cedi Gains On Steve Hanke’s Currency Watchlist After Moving To 14th Place From 15th
22 Dec

Cedi Gains On Steve Hanke’s Currency Watchlist After Moving To 14th Place From 15th

wontumionlineBusiness
The Ghana Cedi has moved from the 15th position it occupied on the Hanke’s Currency Watchlist to 14th on Tuesday December 20. The Johns Hopkins Professor Steve Hanke indicated that by his calculations, the Cedi depreciated 31.17% against the United States Dollar since January 2022, “which is why #Ghana is in 14th place in this week’s Hanke’s #CurrencyWatchlist. Thanks to Pres. Akufo-Addo, Ghana is in an economic death spiral.”   https://twitter.com/steve_hanke/status/1605284401566437382?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1605284401566437382%7Ctwgr%5E44bacb37ff9e9c931e1a2509dcd42e896766de1b%7Ctwcon%5Es1_&ref_url=https%3A%2F%2F3news.com%2Fcedi-gains-on-steve-hankes-currency-watchlist-after-moving-to-14th-place-from-15th%2F   He previously placed Cedi15th among a list of nineteen performing currencies. “By my calculations, the Ghanaian Cedi has depreciated 34.17% against the USD since Jan. 2020, which is why Ghana is in…
Read More
Gambia Coup Attempt Foiled – Government
22 Dec

Gambia Coup Attempt Foiled – Government

wontumionlineNews,
The Gambia's government says it has thwarted an attempt to stage a coup. Four soldiers had been arrested and three alleged accomplices were on the run, a statement said. It is unclear who exactly was behind Tuesday's attempt to overthrow President Adama Barrow, who won a second term in elections last year. The Gambia is a largely stable country in West Africa which is popular with holidaymakers because of its beaches and wildlife. The capital, Banjul, is peaceful, with life going on as normal. No gunshots have been heard, and there is no sign that loyalist forces have been deployed…
Read More
Cedi Appreciation: Reduce Prices Of Medicines – Pharmaceutical Society Of Ghana To Members
22 Dec

Cedi Appreciation: Reduce Prices Of Medicines – Pharmaceutical Society Of Ghana To Members

wontumionlineNews
The Vice President of the Pharmaceutical Society of Ghana, Mr. Kwabena Asante Offei is appealing for an immediate reduction in the prices of medicines over the appreciation of the cedi so that the ordinary Ghanaian can afford it. Speaking with Peace FM's Gifty Akoto, the Society wants players in the pharmaceutical supply chain including; manufacturers, importers, wholesalers, suppliers and retailers to take urgent steps to reduce the prices of medicine to reflect the cedi’s improved performance against the major trading currencies. “The PSGH has also taken note of high prices of medicines, despite the appreciation of the Cedi, although the original reason…
Read More