Month: July 2023

Manchester United Agree 10-Year Extension With Adidas Worth At Least £900m
31 Jul

Manchester United Agree 10-Year Extension With Adidas Worth At Least £900m

Wontumi2Sports,
Manchester United have agreed a 10-year extension to their partnership with Adidas worth a minimum of £900m. United's new deal with the German kit manufacturer runs until June 2035, with their previous 10-year deal having been worth £750m. It is thought to be the largest kit deal in Premier League history, based on revenue per season. Chelsea signed a £900m deal with Nike in 2016 but that covered a 15-year period from 2017. "The relationship between Manchester United and Adidas is one of the most iconic in world sport," said United's chief executive Richard Arnold. "With its roots in the…
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Al Hilal See Bids Rejected For Victor Osimhen; Harry Kane Enquiry Knocked Back
31 Jul

Al Hilal See Bids Rejected For Victor Osimhen; Harry Kane Enquiry Knocked Back

Wontumi2Sports, ,
Al Hilal have seen two bids rejected for Napoli striker Victor Osimhen, 90min understands, with the Saudi giants now also considering a move for Tottenham's Harry Kane. Now bankrolled by the Saudi Public Investment Fund (PIF), Al Hilal have already spent around £171m to land Malcom, Ruben Neves, Sergej Milinkovic-Savic and Kalidou Koulibaly, and they do not plan on stopping there. Talks are also ongoing with Paris Saint-Germain over midfielder Marco Verratti, who is keen to make the move, and Fulham striker Aleksandar Mitrovic is another key target, but Al Hilal are also looking to make an enormous splash on…
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Re-Ghana Gas Official’s US$500, €590 Stolen During Russia-Africa Summit Report
31 Jul

Re-Ghana Gas Official’s US$500, €590 Stolen During Russia-Africa Summit Report

Kakra NunuNews
The Ghana National Gas Company Limited has described as baseless and complete falsehood, a report by Ghanaweb that an official from the company has lost an amount og US$500 and €590 during  the Russia-Africa summit. In a release signed by the head of Corporate Communications, Ernest Owusu-Bempah, Ghana National Gas Company Limited has therefore asked the news portal to do the needful by retracting the story and rendering a formal apology to them for the damaged caused them. Full statement below…
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Don’t Always Ask For Money When Seeking Sponsorship – Uncle Ebo Whyte To Creatives
31 Jul

Don’t Always Ask For Money When Seeking Sponsorship – Uncle Ebo Whyte To Creatives

Wontumi2Showbiz
Ghanaian playwright Uncle Ebo Whyte has advised people in the creative sector to not to always ask for money from prospective sponsors of their content and events. The Chief Executive Officer of Roverman Productions believes there are other forms of sponsorship that these brands should explore. “Don’t always ask for money. Unfortunately, too many event organizers are always asking for money. There are brands and companies that will want to support your event but may not have money but they may have products. They may have services,” he noted. “So for instance, a hotel may not be able to give…
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Elon Musk Reinstates Kanye West’s X Account (Formerly Known As Twitter)
31 Jul

Elon Musk Reinstates Kanye West’s X Account (Formerly Known As Twitter)

Wontumi2Showbiz, , ,
Kanye West's Twitter account has been reinstated after an almost eight-month ban over offensive tweets. The rapper's account now shows his last post from 1 December, a day prior to when his account was suspended on platform X - the new name owner Elon Musk has given Twitter. West, who legally changed his name to Ye, will not be eligible to monetise his account on X, and advertisements will not appear next to his posts, the Wall Street Journal reported on Saturday, citing the social media platform. Ye's account was suspended in December, just two months after it was reinstated,…
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Guidelines for the Special Electoral College Elections announced by NPP
31 Jul

Guidelines for the Special Electoral College Elections announced by NPP

Evans ManassehNews, , ,
The New Patriotic Party (NPP) has announced the guidelines and procedures that will govern its upcoming Special Electoral College Elections. A statement signed by the Secretary to the Presidential Elections Committee, William Yamoah, reveals that guidelines for the election were arrived at after extensive consultation with various stakeholders including the aspirants. “These guidelines have been formulated after extensive consultations with the various stakeholders including the Presidential documents,” parts of the statement read. According to the statement, the guidelines aim to spell out the rules and procedures for the Special Electoral College to select five aspirants out of the ten to…
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Budget review: We’re making progress, we won’t ask for more money – Ofori-Atta
31 Jul

Budget review: We’re making progress, we won’t ask for more money – Ofori-Atta

Evans ManassehNews, ,
The Finance Minister, Ken Ofori-Atta, says the Nana Addo Dankwa Akufo-Addo government will not ask Parliament for any additional money. According to him, this was necessitated by the progress made in non-oil tax revenue collection within the year. The Finance Minister made these remarks when he presented the mid-year budget review in Parliament on July 31. “For the first six months of the year, we continue making progress to exceed our non-oil revenue targets for the year. We have seen improvements in non-oil tax revenue collection despite some noticeable shortfalls in VAT. “However, oil revenues have fallen short of expectations…
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2022 was my most difficult year as Finance Minister – Ofori-Atta
31 Jul

2022 was my most difficult year as Finance Minister – Ofori-Atta

Evans ManassehNews,
The Minister of Finance, Ken Ofori-Atta says 2022 was his worst year as the manager of Ghana’s public purse. Presenting the 2023 mid-year budget review in Parliament on Monday, July 31, Mr. Ofori-Atta indicated that the aftermath of the COVID-19 pandemic posed a great challenge for him and the governing New Patriotic Party forcing the government to run to the International Monetary Fund for respite. “2022 was the most difficult year for me as Ghana’s Finance Minister. On July 1st 2022, we took what was then a very difficult but necessary decision to request support from the IMF to implement…
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We’ve stabilised exchange rates, inflation, other fiscal challenges – Ofori-Atta
31 Jul

We’ve stabilised exchange rates, inflation, other fiscal challenges – Ofori-Atta

Evans ManassehNews, , ,
The Minister of Finance, Ken Ofori-Atta in his 2023 mid-year budget review has indicated that the measures put in place by the government in attempts to mitigate the impacts of COVID-19 and the current economic challenges have resulted in stabilizing fluctuating exchange rates, softened inflation, and brought down interest rates. The Finance Minster in his presentation attributed the achievements to ongoing fiscal adjustments implemented by the government. He indicated that these fiscal adjustments have significantly improved the ailing economy. “Mr. Speaker, the implementation of ongoing fiscal adjustments and sustained investments in our people have contributed immensely to the stabilisation we…
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Arrest NAM1, He’s A Fraudster – Menzgold Customers To Government
31 Jul

Arrest NAM1, He’s A Fraudster – Menzgold Customers To Government

Wontumi2Business
The Coalition of Aggrieved Customers of Menzgold has called on government to arrest the Chief Executive Officer of defunct Menzgold Ghana Limited, Nana Appiah Mensah, popularly known as NAM 1. The group's comment comes after NAM 1 in a latest document said Menzgold Ghana Limited had completed the transaction validation exercise. He added that traders will soon be granted access to digitally check their validated transaction status and receive an individually scheduled binding payment date. Reacting to this statement from the defunct Menzgold CEO, the spokesperson of the group, Fredrick Forson, in an interview with Citi News, said NAM 1 expressed the language of scammers in the document he…
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