Month: July 2023

King Paluta And His Team Involved In Near Fatal Accident

King Paluta And His Team Involved In Near Fatal Accident

Ghanaian musician, King Paluta, who is known in private life as Thomas Adjei Wireko, and other members of his team were involved in an accident yesterday, July 29, 2023. The accident reportedly happened when the rapper and three other members of his team were driving back to Kumasi for the much-anticipated Star Shine On nationwide tour which was going to happen at the Heros Park in Kumasi. Unfortunately, the plan of getting to Kumasi before the concert started at 4:30 PM was not possible. According to a detailed account from a source close to the ‘Yahitte’ hitmaker, the accident happened…
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ECG Caught In Over US$145m Procurement Breaches – Audit Report

ECG Caught In Over US$145m Procurement Breaches – Audit Report

The Electricity Company of Ghana (ECG) has been caught in procurement breaches worth over $145 million, according to the Auditor-General. The board and management of the power distributor failed to obey the Public Procurement Act in signing 50 contracts to procure 862,750 meters and its accessories between 2016 and 2021. According to the 2022 Performance Audit Report of the Auditor General on the Management of Meters by the Electricity Company Limited, ECG failed to consider legal processes of value for money by ensuring transparency and competitiveness in the tender process. A graphic.com.gh report on the issue read in part: "Though…
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Owusu Bempah To Sue Agradaa

Owusu Bempah To Sue Agradaa

The founder and leader of the Glorious Word Power Ministry International, Rev. Isaac Owusu Bempah, has announced plans to sue Nana Agradaa, a former fetish priestess who is now an evangelist. Owusu Bempah made this revelation during a sermon at his church on Sunday, July 30, 2023. “We are taking her (Agradaa) to court. It isn’t me but the family is part, the church elders are also involved and some pastors too. “If we get to the court then we would see what would transpire,” he said in Twi to his congregation. It is not clear why Owusu-Bempah sued Agradaa but…
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AMA Jails Five Food Vendors, Shuts Restaurant Over Food Safety

AMA Jails Five Food Vendors, Shuts Restaurant Over Food Safety

The Accra Metropolitan Assembly (AMA) in the last six months jailed five food vendors and closed down a restaurant for flouting food safety regulations. It also confiscated the items of 17 food vendors, Mrs Florence Kuukyi, Director, Metro Publlic Health Department, AMA, told the Ghana News Agency (GNA). She said some of the vendors sold expired food, ingredients and cooked in unclean places. Mrs Kuukyi said others had kitchen staff, who were not medically screened or were suffering from infectious diseases, which could be transmitted to consumers. She said her office was embarking on education, training, screening, and monitoring of…
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T-bills Auction: Government Records Marginal Oversubscription; Interest Rates Hit 30.30%

T-bills Auction: Government Records Marginal Oversubscription; Interest Rates Hit 30.30%

Government recorded a marginal oversubscription of treasury bills auction, as interest rates continued its upward trend on the money market. According to the auction result by the Bank of Ghana, the government got about ¢2.34 billion. The target for this auction was about ¢2.28 billion. ¢1.493 billion cedis were bids tendered for the 91-day bill. All the bids were subsequently accepted. Also, the bids for the 182-day T-bills were estimated at about ¢503.58 million. Similarly, all the bids were accepted. For the 364-day bill, about ¢345.14 million were gotten from the auction. Meanwhile, interest rates on the 364-day bill went…
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Fuel Prices Expected To Go Up By 9.0% From August 1, 2023 – COPEC

Fuel Prices Expected To Go Up By 9.0% From August 1, 2023 – COPEC

Fuel prices are expected to go up from tomorrow August 1, 2023, the Chamber of Petroleum Consumers (COPEC) has disclosed. According to the Chamber, the prices of petrol and diesel are likely to increase averagely by about 9.0% over the current mean price of ¢11.90 per liter, whilst the price of Liquefied Petroleum Gas (LPG) goes up by about 20.0%. Petrol will therefore sell at ¢13.27 per liter, whilst diesel will go for ¢13.93 per liter. A 4.5 kilogramme LPG cylinder, is expected to sell at ¢170.91 within the window. All pump prices are expected to be within ±5% error…
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Emmanuel Yeboah Scores Second League Goal In Two Games To Salvage Point For CFR Cluj

Emmanuel Yeboah Scores Second League Goal In Two Games To Salvage Point For CFR Cluj

Ghana forward Emmanuel Yeboah scored once again for CFR Cluj to increase his tally on Sunday night in the Romanian top flight. Yeboah was crucial once again for the club as his first-half strike sealed a point for them in their fixture against Universitatea Craiova. The Black Meteors forward latched onto a decent cross from his teammate to beat the goalkeeper and equalise for Cluj after the away team had taken the lead earlier in the game. https://twitter.com/kweku_lawrence/status/1685738211581001728?s=20 The goal was the Ghanaian’s second league goal of the 2023/24 campaign after scoring in the 3-1 away win over UTA Arad…
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Chelsea Set To Sign Defender Axel Disasi From AS Monaco

Chelsea Set To Sign Defender Axel Disasi From AS Monaco

Chelsea are set to secure a 45 million euros (£38.57 million) deal to sign defender Axel Disasi from AS Monaco. The agreement is currently being finalised, and once completed, the 25-year-old France international will provide Chelsea with an additional right-sided centre-back option. The need for defensive reinforcements arises due to the injury to Wesley Fofana, who has been ruled out for several months after undergoing anterior cruciate ligament surgery. In addition, Benoit Badiashile is also currently injured and won’t be fit until after the Premier League season starts. https://twitter.com/ftblwaz/status/1685702515872964608?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1685702515872964608%7Ctwgr%5E1e0b2c14d860a1eba445fbae27deafa8ded2e7e0%7Ctwcon%5Es1_&ref_url=https%3A%2F%2F3news.com%2Fchelsea-set-to-sign-defender-axel-disasi-from-as-monaco%2F As it stands, Chelsea’s centre-back options include Thiago Silva, Trevoh Chalobah,…
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¢1.412Bn Recorded As Financial Irregularities In MDAs In 2022 – Auditor-General Report

¢1.412Bn Recorded As Financial Irregularities In MDAs In 2022 – Auditor-General Report

About ¢1.412 billion were recorded as financial irregularities in 2022, the 2022 Auditor-General on the Public Accounts of Ghana has revealed. This is ¢332 million more than the ¢1.080 billion recorded in 2021. The financial irregularities include Tax Irregularities (¢1.247 billion); Cash Irregularities (¢57.471 million); Indebtedness/Loans/Advances (¢89,744 million); Payroll Irregularities (¢14.254 million); Stores/ProcurementIrregularities (¢321,950); Rent Irregularities (¢2.142 million) and Contract Irregularities (¢556,333). Tax Irregularities Tax irregularities of ¢1.247 billion formed 88.3% of the total financial infractions reported. Included in this tax irregularity was ¢327.63 million due from 18 Oil Marketing Companies (OMCs) that defaulted in paying their rescheduled debt between…
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Menzgold To Pay Customers After Completion Of Validation Exercise

Menzgold To Pay Customers After Completion Of Validation Exercise

Defunct gold trading company, Menzgold has announced that it has successfully completed the transaction validation process assuring to make payments to its customers soon. This was contained in a statement issued by the management of Menzgold dated July 29. “Following the gold trading transactions claims supporting documents collection and vetting exercise initiated; we are happy to announce that validation has successfully been completed,” Menzgold said in its statement. According to Menzgold, traders will be granted access to digitally check their validated status and payment scheduled date. “In a few days; traders would be granted access to digitally check their validated…
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