Month: June 2023

OMCs Start Increasing Fuel Prices; Goil Selling A Litre Of Petrol, Diesel For ¢12.45

OMCs Start Increasing Fuel Prices; Goil Selling A Litre Of Petrol, Diesel For ¢12.45

Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps. Goil has taken the lead, selling at litre of diesel and petrol at ¢12.45 pesewas from its old price of ¢12.30 pesewas a litre. The increase is in line with the biweekly review of prices at the pumps. The latest increase, according to some stakeholders is due to the cedi’s performance and crude prices on the international market. It is expected that more OMCs will also adjust prices upward later today. IES prediction Earlier, the Institute for Energy Security (IES), predicted that prices of petrol…
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‘Oh I Am So Very Distraught’ – Kofi Adjorlolo Pays Tribute To Ama Ata Aidoo

‘Oh I Am So Very Distraught’ – Kofi Adjorlolo Pays Tribute To Ama Ata Aidoo

Veteran Ghanaian actor Kofi Adjorlolo has expressed deep sorrow and paid a heartfelt tribute to the late celebrated Ghanaian author, Prof. Ama Ata Aidoo, who passed away on May 31st, 2023. According to a Ghanaweekend.com report, the actor reflected on the immense loss and highlighted Prof. Aidoo's significant contributions to African literature and intellectualism. In his tribute, Adjorlolo expressed his distress, stating, “Oh I am so very distraught. Another great African intellectual has fallen. Her books include that of other great African intellectuals. “Prof Ama Aidoo and other great African minds fine-tuned some of us, especially ‘ME’ to realise what African heritage…
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It’s Not Easy To Work With Wizkid – Official DJ

It’s Not Easy To Work With Wizkid – Official DJ

DJ Tunez, the official disk jockey of Afrobeats star Wizkid, has said the singer is very difficult to work with. He said despite Wizkid’s busy schedule, the Starboy honcho has blessed him by featuring on several of his songs. However, he said getting Wizkid to be on a song is difficult because he is very selective of collaborations. DJ Tunez appeared on the latest episode of the Afrobeats Podcast hosted by Shopsydoo. According to him: “First of all, it has to be a really good song. It has to relate with him [Wizkid]. So, any song that I’m trying to put him on, I…
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Sevilla Beat Roma On Penalties To Win 7th Europa League Title

Sevilla Beat Roma On Penalties To Win 7th Europa League Title

Sevilla claimed a record-extending seventh Europa League title as they beat Roma on penalties at a raucous Puskas Arena in Budapest. Gonzalo Montiel, who also scored the winning penalty for Argentina in the World Cup final against France, repeated the trick for the Spanish side following a 1-1 draw, with a retaken spot kick after Roger Ibanez and Gianluca Mancini had missed for Roma. The Spanish side, have now won all seven of the finals they have played in the competition with captain Jesus Navas involved in their first triumph against Middlesbrough in 2006. Their most recent sees them qualify…
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Young Fan Ecstatic After Receiving Mourinho’s Medal

Young Fan Ecstatic After Receiving Mourinho’s Medal

Even in defeat, Jose Mourinho managed to bring joy to a young football fan as he graciously handed him his Europa League runners-up medal. Following AS Roma’s heartbreaking loss on penalties to the seasoned winners Sevilla in the Europa League final, Mourinho chose to give away his own medal to a fan. Initially, there were claims that Mourinho had tossed his medal into the crowd as an expression of disappointment after relinquishing a 1-0 lead, only to ultimately succumb to a thrilling 4-1 penalty shootout defeat in Budapest. However, photos have revealed that Mourinho deliberately singled out the young fan,…
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Mourinho Swears At Referee In Car Park After Europa League Final Defeat

Mourinho Swears At Referee In Car Park After Europa League Final Defeat

Portuguese manager Jose Mourinho was captured launching a profane verbal attack on referee Anthony Taylor in the car park after Roma’s Europa League final loss. The video quickly spread on social media, drawing widespread attention and criticism. During the match, Mourinho expressed his dissatisfaction with several decisions by Taylor, resulting in a yellow card for dissent. Jose Mourinho throws runners-up medal into crowd after Europa League final After the final, emotions escalated. In a post-match interview, Mourinho slammed the Premier League referee. “The truth is that we are all very sad, with or without crying the truth is this,” he…
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Ban On Foreign Cashew Buyers Looms

Ban On Foreign Cashew Buyers Looms

A new regulation to block foreigners from purchasing cashew nuts directly from the farmgate will soon be enforced to make trading the commodity the sole preserve of Ghanaians, deputy Chief Executive Officer, Operations at the Tree Crop Development Authority (TCDA), Foster Boateng, has revealed. Mr. Boateng disclosed to the B&FT that foreigners will only be able to buy cashew nuts from the farmgate using registered Ghanaian agents when the regulation is finally approved. “The draft guideline by the TCDA has been reviewed by the Parliamentary Select Committee on Legal Affairs, and is supposed to be laid in parliament soon by the…
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Economic Reforms And Financial Discipline Required To Strengthen The Cedi – Kwakye

Economic Reforms And Financial Discipline Required To Strengthen The Cedi – Kwakye

Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has said that fiscal discipline is needed to strengthen the Cedi. Bloomberg reports that Ghana’s currency is poised for one of the strongest rallies globally after the West African nation’s $3 billion pact with the International Monetary Fund (IMF) gave investors hope it can climb back from last year’s debt crisis. https://twitter.com/thebankofghana/status/1664180069961539584?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1664180069961539584%7Ctwgr%5E645d1a80ae63f619a85779c84a075fcb03041a8f%7Ctwcon%5Es1_&ref_url=https%3A%2F%2F3news.com%2Feconomic-reforms-and-financial-discipline-required-to-strengthen-the-cedi-kwakye%2F The cedi was the best performer worldwide against the dollar in the runup to the IMF deal, which was sealed mid-month. That was the latest in a series of violent swings since Ghana unilaterally suspended payments…
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Opening SOEs Up To Private Participation Can Invigorate Capital Market

Opening SOEs Up To Private Participation Can Invigorate Capital Market

The Chief Investment Officer of Axis Pensions Trust, Nana Wiafe Boamah, has said entrusting certain state-owned enterprises (SOEs) into competent hands could foster a vibrant capital market. He explained that by opening up the ownership of certain SOEs such the Electricity Company of Ghana (ECG) and Ghana National Gas Company (Ghana Gas), among others, for private participation via the stock market, government could not only create a vibrant capital market but also e run institutions efficiently. “If we are conscious and passionate about helping build a very vibrant capital market, why should government own Ghana Airports, Tema Oil Refinery, Ghana…
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WAFU B U20 Girls’ Cup: Nigeria Thump Benin To Set Up Final Clash With Ghana

WAFU B U20 Girls’ Cup: Nigeria Thump Benin To Set Up Final Clash With Ghana

Nigeria will play Ghana in the final of the maiden edition of the WAFU Zone B Women’s U-20 Cup of Nations following their convincing win over Benin. The Falconets were 3-0 winners over their Benin counterparts to ensure they booked a slot in the last two where they will come up against fierce rivals Ghana. Amina Bello opened the scoring for Nigeria in the 23rd minute of the game before the top scorer of the competition, Esther Onyenezide scored a brace to give the Nigerians a 3-0 win. The Falconets are yet to concede so far in the tournament and…
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