January 2023 - Page 3 of 81

31 Jan

Retract Your Religious Comments Against Bawumia Within 24-hours- PRO Bawumia Group to Ayeh Paye.

wontumionlineFeatured, News, Trending2024 elections, PRO Bawumia group

A Pro- Bawumia group, “Bawumia Must Win” has given former Member of Parliament (MP) for Ayensuano, Samuel Ayeh Paye, a 24-hour ultimatum to retract his religious comment against Bawumia. Speaking to Kwaku Dawuro on Movement in the morning show, the President of the group, Dr. Gyesi Boako, noted that Muslims and Christians had lived in peace and harmony and such religious comments must not be entertained to destroy the ever-good relations between the two religious groups. "Even in some areas, its jus a wall that separates churches from mosques- Muslims are able to marry Christians and vice versa. So,…

31 Jan

Coach Sarpong Attributes Galaxies’ Exit To Lack Of Investment

wontumionlineSportsBlack Galaxies, coach Sarpong

Coach Josef Emmanuel Sarpong has attributed the Black Galaxies’ painful exit from the ongoing African Nations Championship (CHAN) to poor facilities in the country. Speaking to Graphic Sports after the Black Galaxies’ 0-2 defeat to Niger in their CHAN quarter-final match last Saturday, Coach Sarpong said until those placed at responsible positions to manage football embarked on a strategic investment to improve sports facilities, Ghana would continue to perform abysmally at international tournaments. According to the veteran coach, a conscious sports infrastructure development will transform the local league and also enable local players to match their peers in international tournaments.…

31 Jan

Inaki Williams: Injury Ends Record La Liga Run Of Appearances For Ghana Striker

wontumionlineSportsInaki Williams

Inaki Williams' La Liga record run of 251 consecutive games for Athletic Bilbao has come to an end after the Ghanaian forward picked up a rare injury. The 28-year-old was forced to sit out his side's 1-0 defeat at Celta on Sunday having been forced off through injury in the 88th minute of the 3-1 Copa del Rey victory at Valencia last Thursday. Williams' run of games began when he came off the bench in the second half of a 1-0 defeat to Atletico Madrid in 2016 in which former Liverpool and Chelsea striker Fernando Torres scored the only goal.…

31 Jan

Private Sector Credit Contracts Sharply By 14.5%

wontumionlineBusinessPrivate Sectors

Private sector credit growth picked up in December 2022, partly reflecting continued portfolio rebalancing by banks and revaluation effects on foreign currency denominated credit, the Bank of Ghana has said at its 110th Monetary Policy Committee meeting held on Monday, 30 January 2023. In nominal terms, private sector credit increased by 31.8 per cent in December 2022, compared with 11.2 per cent in December 2021. In real terms, however, private sector credit contracted sharply by 14.5 per cent, compared with 1.3 per cent contraction over the review period, reflecting sustained price pressures. The Monetary Policy Committee, last week, held its…

31 Jan

Top 10 African Countries Projected To Have The Lowest Annual Inflation Rates In 2023

wontumionlineBusinessinflation rate

The continent is rich in human capital and natural resources, resulting in a market that has become attractive to foreign investors from every part of the globe. As a result, the levels of inflation on the continent barring complex domestic and foreign economic hurdles have been moderate at worse in recent years. Unfortunately, there was no shortage of these financial complications last year, and as a result, many African countries experienced a surge in their inflation rates. According to a report by the African Continental Free Trade Area, the average consumer price inflation across the continent is estimated to have…

31 Jan

David Abagna Completes Move To Sudanese Side Al Hilal

wontumionlineSportsAl Hilal, David Abagna Sandan, RTU

Black Galaxies midfielder, David Abagna Sandan, has joined Sudanese side, Al Hilal, from betPawa Ghana Premier League outfit, Real Tamale United. Abagna has signed a four-year deal with the club which will see him stay with Al Hilal until 2027. The midfielder makes the move to Sudan after a brilliant individual campaign at the 2022 African Nations Championship (CHAN) where he won the Man of the Match award in Ghana’s second group game. Abagna featured in all of Ghana’s games at the tournament as they suffered a quarterfinal exit at the expense of Niger on Saturday, January 28. The move…

31 Jan

Leicester City Sign Ghanaian Youngster Nathan Opoku

wontumionlineSportsLeicester City, Nathan Opoku, Oud-Heverlee Leuven, Syracuse University

English Premier League side, Leicester City, has officially confirmed the signing of Ghanaian youngster, Nathan Opoku. The 21-year-old joins the Foxes from Syracuse University in the United States and pens a three-year deal with the club. Opoku after signing for Leicester will be loaned immediately to Belgian-based Oud-Heverlee Leuven to continue his development. The US-based player was named the Most Outstanding Offensive Player of the National Collegiate Athletic Association last year after scoring 11 goals and providing eight assists for Syracuse. The forward had a stint at the Manchester City academy before moving to the United States. In his farewell…

31 Jan

Economic Activity Moderates; But Business, Consumer Confidence Improves – BoG Governor

wontumionlineBusinessBoG, businesses confidence, CIEA, Consumer Confidence, Economic activity

Economic activity moderated in the fourth quarter of 2022, the Bank of Ghana’s high frequency indicators has disclosed. The updated Composite Index of Economic Activity (CIEA) contracted by 6.2% in November 2022, compared with a growth of 10.2% in the same period of 2021. According to the Central Bank, the major items that weighed down the Index during the period were port activity, cement sales, imports, and industrial consumption of electricity. Meanwhile, latest confidence surveys conducted by the Central Bank in December 2022 pointed to some marginal improvement in sentiments. Consumer confidence improved on the back of the recent reductions…

31 Jan

Chiana-Paga Constituents Believe Hon Francis Abirigo Is The Biblical MOSES Of The Constituency At The Moment

wontumionlineNewsHon Francis Abirigo

In 1992, you began your political career when your late uncle Joe Kanchi signed a membership card of the National Democratic Congress (NDC) for you under the ebony tree in Mirigu-Gonum. You have since participated in all political activities representing the NDC at all levels. It all began in the Kassalingo Community in Mirigu of the Upper East Region of Ghana. You started as a party agent, PRO and slightly missed the position of Chairmanship at the Constituency level in 2014. We knew you would have been a good Chairman but maybe God had just asked you to wait for…

31 Jan

Debt Exchange: NIC To Suspend Minimum Capital Requirements, CAR Of Insurance Firms For 2 Years

wontumionlineBusinessCapital Adequacy Ratio, Debt exchange, MCRs, NIC

As part of measures to mitigate the impact of the Domestic Debt Exchange Programme on insurance companies, the National Insurance Commission will place a moratorium on the Minimum Capital Requirements (MCRs) and Capital Adequacy Ratio (CAR) on the insurers. This means the MCR and CAR will not be enforced but regulated entities will be required to operate in such a way so as to be able to pay claims and operating expenses. The current minimum capital requirement of life and non-life Insurance companies is ¢50 million, whilst the CAR is 14.2%. In a letter to the insurance firms on draft…