January 2023 - Page 26 of 81

23 Jan

Obetsebi-Lamptey Interchange Progressing Steadily

wontumionlineNewsObetsebi-Lamptey

Construction works on the second phase of the Obetsebi-Lamptey are progressing steadily, with engineers saying the interchange is more than 80 per cent complete. The first flyover of the Obetsebi-Lamptey Interchange will be closed to traffic today to allow for welding works on the steel beams installed at a section of the second flyover. The second flyover lies directly on top of the first, linking motorists from the Abossey Okai portion of the Ring Road West to the Awudome portion of the Ring Road West. The Resident Engineer of FAS Consult Limited, Owusu Sekyere Antwi, told the Daily Graphic that…

23 Jan

Father Shoots Stubborn Son To Death

wontumionlineNewsAhanta West District

The Ahanta West District Police Command in the Western Region have launched investigations to unravel the circumstances under which a father gunned down his biological son. The father reportedly killed the son at Ahuntumanu over misunderstanding that ensued between them. Assembly Member for the Area Stephen Ackah explained that the deceased resided at Kwesimintsim in the Effia-Kwesimitsim Municipality and visited his father regularly in the Ahuntumanu community. “The information I have gathered is that the son who is now deceased has become a burden to his father due to his bad attitude. He lives in Kwesimintsim and whenever he visits…

23 Jan

Motor Rider Stabs Colleague To Death At Dagbamate

wontumionlineNewsDagbamate, Motor Rider Stabs Colleague To Death

Agorsor Christian, a 22-year-old commercial motor rider, has allegedly stabbed his colleague rider to death. The Ghana News Agency (GNA) learnt the alleged act was as a result of the suspect’s attempt to pick a passenger ahead of the deceased. Agbesi Davor, 33, died on his way to the Abor Sacred Heart Hospital after his colleague stabbed him in the chest with a screwdriver. Mr Raphael Ahiable, the Assemblyman for the area, told the GNA that a misunderstanding ensued between the two riders at their parking terminal as to whose turn it was to pick a passenger first. The suspect,…

23 Jan

Women Hold The Key To Private Sector Growth – Western Regional Minister

wontumionlineNewsKwabena Okyere Darko-Mensah

Kwabena Okyere Darko-Mensah, Western Regional Minister, has reiterated the government's resolve to assist women to play a pivotal role in the socio-economic development of the country, especially in the private sector. He said between 2017 and 2022, the government had increased job creation in the formal sector from 320,000 to 720,000. Mr Darko-Mensah said women were key in delivering the mandate of making sure that the private sector was more vibrant. The Western Regional Minister disclosed this to Ghana News Agency in an interview in Takoradi after the recognition of 30 distinguished women in various sectors of the formal economy…

23 Jan

Baby Found Dead On Refuse Dump At Sefwi-Bekwai

wontumionlineNewsSefwi-Bekwai

An unidentified baby girl believed to be about two weeks old has been found dead at sefwi-Bekwai in the Bibiani Anwhiaso Bekwai Municipality of the Western North Region. The deceased was found at a refuse dump in the early hours of Friday, January 20, 2023, wrapped in a cloth. Mr Kwaku Bawah, a staff of Zoomlion Ghana Limited and an eyewitness, confirmed the story to the Ghana News Agency, said he went to the refuse dump at dawn as has been his daily routine. "On arrival l saw a baby covered with a cloth but the legs were showing so…

23 Jan

Exercise Your Duties With Fairness And Expedition – Bawumia Charges Justice Administrators

wontumionlineNewsDr. Mahamudu Bawumia

Vice President, Dr Mahamudu Bawumia has called on institutions and agencies mandated to administer justice at all levels to exercise their responsibilities with fairness and expedition as justice delayed is justice denied. He said the delay in the pursuit of justice posed a veritable threat to societal harmony and national security. “When members of the society feel that they have been treated unfairly, a foundation has been laid for social unrest, disharmony, and strikes,” the Vice President said while addressing thousands of Ahmadi faithful at the 90th National Annual Convention of the Ahmadiyya Muslim Mission, at Baghe-Ahmad in Pomadze, near…

23 Jan

Gold For Oil: Fuel Prices To Drop This week – COPEC

wontumionlineBusinessChamber of Petroleum Consumers, COPEC

The Executive Director for the Chamber of Petroleum Consumers, Ghana (COPEC), Duncan Amoah is predicting a decline in the price of petroleum products if the oil secured by government is distributed this week. The pricing window last Saturday, January 21, 2023, saw soar in the prices for the second pricing window after several weeks of decline. Many stakeholders have attributed the decline to the instability of the local currency against the dollar. In order to ensure constant decline of the prices of petroleum products in the country, the government began the “Gold for oil policy”. On January 15, 2023, the…

23 Jan

Uncertainty To Weigh On Equities Market In 2023 – Analysts

wontumionlineBusinessDomestic Debt Exchange Programme

Uncertainties arising from the impending Domestic Debt Exchange Programme (DDEP), coupled with rising interest rates and foreign exchange fluctuations, will take a toll on the equities market say analysts. “The situation has not only affected investor confidence in the financial sector but is also likely to have a negative impact on the stock market. Investors are looking to redeem their funds and expecting the coupons from their bond investments; but with government propositions, they are not getting the expected returns. This means that diversification will be a problem, and the stock market may be affected as some will look for…

23 Jan

Asante Gold Projects US$772m Revenue In 2023; Targets 400,000 Oz Of Gold From Bibiani, Chirano

wontumionlineBusinessAsante Gold Corporation

Asante Gold Corporation, a Canadian-based gold mining company, is forecasting a combined production of approximately 400,000 ounces of gold for 2023 from its Bibiani and Chirano mines. This should result in some US$771.6million – pegged at US$1,929.02 per ounce as of January 19, 2023 world market prices. Asante’s recent increase in gold production is a positive sign for the company’s future, particularly its focus on exploration and expanding its mining operations. In an update to investors, Asante noted a significant increase in gold production for the months of November and December 2022 – with an average monthly production increase of…

23 Jan

GSE Extends Deadline For Banks

wontumionlineBusinessGhana Stock Exchange

The Ghana Stock Exchange (GSE) has approved a request by the Ghana Association of Banks (GAB) to extend, by one-month, the filing of 2022 audited financial statements. The request by GAB was made on behalf of eight listed bank and will now move the date to April 30, 2023 instead of March-ending. The banks are: Access Bank Ghana, ADB, CalBank, Ecobank Ghana, GCB Bank, Royal Bank Ghana, Standard Chartered Bank Ghana and Société Générale. The extension, which will enable the banks to work effectively with their external auditors to achieve the audit objectives, became necessary because of banks’ ongoing discussions…