Month: July 2023

BoG Blamed For Financial Sector Mess – Research Reveals

BoG Blamed For Financial Sector Mess – Research Reveals

A perception research conducted by think tank, Institute for Liberty And Policy Innovation (ILAPI) has blamed the Bank of Ghana (BoG) for the collapse of 420 financial institutions between 2017 and 2018. The research conducted between August and November 2022, gathered information from the public on their perceptions on government wasteful spending from 2014 to 2021 with the financial sector reforms as a variable. Government is said to have spent over ¢25 billion in the banking sector clean-up to protect 4.6 million depositors’ funds despite quoting ¢11.7 billion in the 2020 budget statement for the same exercise. 77.5 % of…
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Patrick Vieira Named New Manager Of RC Strasbourg

Patrick Vieira Named New Manager Of RC Strasbourg

Patrick Vieira has been appointed manager of Ligue 1 club RC Strasbourg on a three-year contract. The former Arsenal midfielder, 47, had been out of work since being sacked as boss of Premier League side Crystal Palace in March. “I am particularly happy to join Racing,” said Patrick Vieira. “I know the history and the identity of this club, the fervour it arouses, the importance it has for its region, which is a place of football and passion.” Chelsea’s owners recently agreed a deal to buy a majority stake in Strasbourg, who finished 15th in the French top flight last…
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Liverpool Confirm Signing Of Dominik Szoboszlai From RB Leipzig

Liverpool Confirm Signing Of Dominik Szoboszlai From RB Leipzig

Liverpool have completed the signing of Dominik Szoboszlai from RB Leipzig for £60m, with the midfielder signing a five-year contract until 2028. Newcastle had also been interested in the 22-year-old midfielder, but once Szoboszlai made clear his desire to move to Anfield, it removed all other interested parties from the equation. There was a breakthrough in negotiations on Friday as Liverpool agreed to trigger his £60m release clause. Szoboszlai underwent a medical on Merseyside on Saturday and Sunday and, subject to a work permit, he will become Liverpool’s second signing of the summer after the arrival of Alexis Mac Allister…
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‘Ghana Football Is Dying’ – Agyemang Badu

‘Ghana Football Is Dying’ – Agyemang Badu

Former Ghana international Emmanuel Agyemang Badu has become the latest to add his voice to the increasing concerns in Ghana’s football. According to the former U-20 World Cup winner, it’s very alarming the rate at the game seems to be declining with each year that passes by. Ghana suffered yet another setback on Friday night as the Black Meteors exited the ongoing U-23 Africa Cup Nations following the draw against Guinea. Speaking on Joy FM, Badu called for the Ghana Football Association to treat with urgency the alarming issues regarding the sport in Ghana. “When I talk, I don’t get…
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U-23 AFCON: Black Meteors Arrive In Ghana After Group Stage Exit

U-23 AFCON: Black Meteors Arrive In Ghana After Group Stage Exit

The Black Meteors have arrived in Accra after exiting the ongoing 2023 TotalEnergies U23 Africa Cup of Nations tournament in Morocco. The National U23 side were eliminated from the competition after finishing third in Group A behind hosts Morocco and Guinea. Ghana’s delegation made up of players, technical staff and team officials left Morocco on Sunday evening and arrived in Accra early on Monday. The technical team is expected to submit its tournament report to the GFA’s Executive Council for its assessment. Source: GFA
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Price Of Diesel And LPG To Drop Marginally; Petrol To Remain Unchanged – IES

Price Of Diesel And LPG To Drop Marginally; Petrol To Remain Unchanged – IES

The price of diesel and Liquefied Petroleum Gas (LPG) is expected to fall marginally in the first pricing window of July. This is according to a recent analysis by the Institute for Energy Security (IES). The projection by the Institute for Energy Security, notes that the reduction can be attributed to the 2.6% fall in the price of gasoline and a 3.09% fall in the price of LPG. The analysis further noted that the depreciation of the Ghana cedi remains insignificant to the price of fuel at the various pumps in the first two weeks of July. However, the price…
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It Used To Be Akufo-Addo But Now Chairman Wontumi Moves And Shakes NPP- Prof. Smart Sarpong

It Used To Be Akufo-Addo But Now Chairman Wontumi Moves And Shakes NPP- Prof. Smart Sarpong

Senior researcher at the Kumasi Technical University (KTU), Dr. Smart Sarpong has opined that as it stands, the Ashanti regional Chairman of the NPP, Chairman Bernard Antwi-Boasiako, is the only mover and shaker of the NPP. Speaking in an interview with Kwame Sefa Kayi on Peace FM, Dr. Smart explained that prior to the 2016 and 200 elections, the although the party had many influential personalities, there were only four among the lot who were exceptional including the then President candidate and running mate, Nana Akufo-Addo and Dr. Bawumia respectively; Ashanti regional Chairman, Chairman wontumi; Assin Central MP, Kennedy Agyapong.…
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