Month: December 2022

Take Immediate Steps To Convert Dollars Into Cedis To Avoid Further Losses In Value – AITA To Members
20 Dec

Take Immediate Steps To Convert Dollars Into Cedis To Avoid Further Losses In Value – AITA To Members

wontumionlineBusiness, Trending
STATEMENT BY THE AFRICA INTERCONNECTED TRADE ASSOCIATION (AITA)- GHANA CHAPTER ON THE RECENT PERFORMANCE OF THE CEDI AGAINST THE DOLLAR MEMBERS of the Africa Interconnected Trade Association (AITA)-Ghana Chapter, have observed with mixed reactions,  the recent strong performance of the local currency, the Cedi, against the US Dollar and other foreign currencies. Whilst the AITA sees this development as a positive one, particularly for the local economy which has for the past several months been docked by challenges as a result of extenuating factors,  we are equally concerned about its potential impacts on the businesses of our members. The AITA…
Read More
‘Nice To See You Promoting Ghana In Qatar’ – Marcel Desailly Praises Stonebwoy
20 Dec

‘Nice To See You Promoting Ghana In Qatar’ – Marcel Desailly Praises Stonebwoy

wontumionlineSports,
Ex-France international Marcel Desailly has commended Stonebwoy for representing Ghana well at the FIFA Fan Festival in Qatar. Marcel Desailly praises Stonebwoy for promoting Ghana at the FIFA Fan Festival Stonebwoy was in the Middle Eastern country last week to perform at the FIFA Fan Festival in Doha as part of the 2022 World Cup. The “Gidigba” hitmaker was the only Ghanaian musician billed to take the stage at the music festival last Wednesday, December 16. He joined the likes of Kizz Daniel, Patoranking, Sean Paul, Julian Marley and others to perform at the FIFA Fan Festival. In the aftermath of Stonebwoy’s…
Read More
Manhyia Palace To Host ‘Ghana Responsible Gold Mining’ Summit
20 Dec

Manhyia Palace To Host ‘Ghana Responsible Gold Mining’ Summit

wontumionlineNews, ,
The Asantehene, His Majesty Otumfuo Osei Tutu II, is taking steps to ensure that gold sourced from Ghana is responsibly mined and traded. Within that spirit, Otumfuo Osei Tutu II is committed to launching the Ghana Responsible Gold Mining Summit, which will work to ensure that gold sourced from Ghana's small-scale mining sector is responsibly mined and traded in accordance with international standards. His Majesty has demonstrated immense commitment to the eradication of illegal mining and promoting responsible mining, and at the Summit, he will work with stakeholders to ensure that interventions to halt environmental degradation are coordinated and fully…
Read More
Jury Finds Former Hollywood Producer Harvey Weinstein Guilty Of Rape
20 Dec

Jury Finds Former Hollywood Producer Harvey Weinstein Guilty Of Rape

wontumionlineShowbiz
Former movie producer Harvey Weinstein was found guilty of rape and two other sexual assault counts by a Los Angeles jury on Monday, marking the second conviction of the onetime Hollywood kingmaker who became the face of #MeToo sexual abuse allegations five years ago. The jury found Weinstein guilty of rape, forcible oral copulation and sexual penetration by a foreign object involving one woman, but acquitted him of charges relating to a second alleged victim, the Los Angeles Superior Court announced. The jury could not reach a verdict on two allegations, including rape, by Jennifer Siebel Newsom, the wife of…
Read More
It’s a “Sin” To Mention “Jesus” During Orgasm – Kumchacha Claims
20 Dec

It’s a “Sin” To Mention “Jesus” During Orgasm – Kumchacha Claims

wontumionlineShowbiz,
The founder and leader of the Heaven's Gate Ministries Prophet Nicholas Osei popularly known as Kumchacha has stated that mentioning the name of Jesus, during the process of having a sexual orgasm is a sin and abusing the name of the Highest. He claims God frown over when people are enjoying sex and His name is being mentioned and that there is everything wrong when His name is mentioned during sex. In his view, there is no need for people to shout God’s name when receiving their orgasms adding that, the name of the man should rather be mentioned. He…
Read More
US Trip Will Help Rebuild My Career – Ashie
20 Dec

US Trip Will Help Rebuild My Career – Ashie

wontumionlineSports
IBF Continental Africa super lightweight champion, George ‘Red Tiger’ Ashie, believes his trip to the US will help rebuild his career after a five-fight winning streak. Ashie (33-5-1, 25 KOs) has been on a training tour seeking to keep in shape ahead of his US debut next year. The 38-year-old fighter made just an appearance in the ring this year after stopping nemesis Robert ‘Stopper’ Quaye in a grudge fight at the Bukom Boxing Arena in March. Ashie did not just win the bragging rights of that bout but also extended his winning record to five and snatched the vacant…
Read More
Ghana Gas Signs Historic MoU To Join Gas supply To Europe
20 Dec

Ghana Gas Signs Historic MoU To Join Gas supply To Europe

wontumionlineBusiness
The Ghana National Gas Company and the national gas companies of Gambia, Guinea, Guinea Bissau and Sierra Leone signed a historic MOU with the Nigerian National Petroleum Company (NNPC)and the Office National de Hydrocarbures and Des Mines of Morocco (OHNYM). This was on Tuesday, December 6 in Rabat Morocco. The Ghana National Gas Company, having cemented itself as the nation’s premier midstream gas business company that owns and operates the infrastructure required for gathering, processing, transporting and marketing of national gas resources in Ghana and internationally entered into this agreement which has the potential to transform the economic landscape of all countries involved.…
Read More
Government Suspends Debt Payments For Consultations
20 Dec

Government Suspends Debt Payments For Consultations

wontumionlineBusiness
The government has suspended temporarily the payment of selected external debts to entities that have lent money to the country. The category of debts includes dollar-denominated bonds issued on the international market (Eurobonds), the country’s commercial term loans and most of its bilateral debts and debts mostly granted by friendly countries to Ghana. It is to enable the government to again restructure the varied Eurobonds and the commercial loans on the country’s books, including those of state-owned enterprises, to make them more orderly and their servicing sustainable. A statement issued by the Ministry of Finance yesterday said holders of the…
Read More
External Debt Repayment Suspension: We Must Be Careful Not To Lose Recent Cedi Gains – Prof. Peprah
20 Dec

External Debt Repayment Suspension: We Must Be Careful Not To Lose Recent Cedi Gains – Prof. Peprah

wontumionlineBusiness, ,
Associate Professor of Finance at Andrews University, Professor Williams Peprah, is warning of the erosion of recent gains by the cedi if the government does not tread cautiously on negotiations of new terms with creditors of external debt. Government today, December 19, 2022, announced the suspension of Eurobonds and other external debt payments as part of its debt restructuring programme. This suspension, it said in a statement from the Ministry of Finance, will not include the payments of multilateral debt, new debts (whether multilateral or otherwise) contracted after December 19, 2022 or debts related to certain short term trade facilities.…
Read More
Christian Atsu Describes Messi As 8th Wonder Of The World After Argentina’s World Cup Win
19 Dec

Christian Atsu Describes Messi As 8th Wonder Of The World After Argentina’s World Cup Win

wontumionlineSports
Former Newcastle United winger Christian Atsu has described Argentina and Paris Saint German player Lionel Messi as the world’s “8th Wonder”. He said this via his official twitter page while reacting to Argentina’s 4-2 penalty shootout win in the final game of the 2022 FIFA World Cup in Qatar. Argentina drew 3-3 with France at the end of extra time and the tie was settled via penalties as the South American nation won the World Cup for the third time. A big admirer of Messi, Atsu tweeted, “The 8th wonder of the world #messi” in the aftermath of Messi winning his first…
Read More