Month: August 2023

Cedi To Continue Stability Against Dollar This Week; Sells At ¢11.43
29 Aug

Cedi To Continue Stability Against Dollar This Week; Sells At ¢11.43

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The Ghana cedi is expected to continue its stability against the US dollar this week. This is due to an expected foreign exchange auction for Bulk Oil Distribution Companies (BDCs). While analysts envisage an increase in corporate demand and a possible offshore forex repatriation from the coupon payments on the new bonds, the cedi will remain steady this week. Last week, the local currency remained firm on the spot market, while posting a mixed performance on the interbank market amidst tinny foreign exchange liquidity. This is despite increased corporate demand, drying up liquidity, although the market experienced minimal activities from…
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Fuel Prices To Remain Unchanged For Next Two Weeks – IES
29 Aug

Fuel Prices To Remain Unchanged For Next Two Weeks – IES

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Fuel prices will remain unchanged in the first two weeks of September 2023. According to a projection by the Institute for Energy Security, this is on the back of the slowed down of international movements of all petroleum products together with a stable cedi against the U.S. dollar in the second-pricing window of August 2023. “The various finished petroleum products as monitored on Standard & Poor (S&P) Platt platform within the past window exhibited the following dynamics; Gasoline [petrol] traded at $989.48 per metric tonne against the previous $967.29 per metric tonne, Gasoil [diesel] also moved from $901.73 per metric…
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You Are Not Wiser Than Anyone In The Party So Stop It- Wofa K Fires Agyei Nkansah
29 Aug

You Are Not Wiser Than Anyone In The Party So Stop It- Wofa K Fires Agyei Nkansah

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New Patriotic Party UK Chairman, Kingsley Adumatta Agyapong, has sent a stern warning to Agyei Nkansah of the NPP to discontinue his attitude of incivility towards the party  heads. In an interview with Kwaku Dawuro, on Movement In The Morning show, which airs on Movement TV/Wontumi radio, Mr Adumatta expressed his disappointment over Agyei Nkansah's uncouth behavior, and ill behavioral traits of disrespect for attempting to tarnish the image of the party. He however cautioned him to put a stop to it, and refrain from being a nuisance to the party. Mr Adumatta asserted that ''it is good to condemn…
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President Akufo-Addo Launches Phase II Of Planting For Food And Jobs Programme
28 Aug

President Akufo-Addo Launches Phase II Of Planting For Food And Jobs Programme

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The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Monday, 28th August 2023, launched Phase Two of Government’s flagship programme on agriculture, “Planting for Food and Jobs”, at the University for Development Studies, in Tamale. Targeted at building on the successes of the initial programme, the second phase of the programme is a five-year master plan for the transformation of agriculture in Ghana with focus on modernisation through the development of a selected commodity value chain and active private sector participation. Speaking at the launch, President Akufo-Addo stated that the second phase, by design, “takes a holistic view and…
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Bolga TUTAG, TUSAAG Strike Over Conditions Of Service
28 Aug

Bolga TUTAG, TUSAAG Strike Over Conditions Of Service

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The Bolgatanga branch of the Technical University Teachers’ Association of Ghana (TUTAG) and the Technical University Senior Administrators’ Association of Ghana (TUSAAG) have withdrawn their services. The Bolgatanga branches of TUTAG and TUSAAG say they will continue to withdraw their services until their demands are met. In a statement, the two associations accuse the Vice Chancellor of seeking to vary portions of their “Conditions of Service (CoS) as approved by the Ministry of Finance (MoF) by hiding behind claims of ambiguity in the Technical Universities Act (2016), Act 922 as Amended”. To this, the Bolgatanga branch of TUTAG and TUSAAG…
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Otumfuo To Raise $10m To Renovate KATH Leaking Blocks
28 Aug

Otumfuo To Raise $10m To Renovate KATH Leaking Blocks

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The Asantehene Otumfuo Osei Tutu II has bemoaned the bad structural state of the Komfo Anokye Teaching Hospital (KATH) which serves as the referral center for 12 out of the 16 regions of Ghana. KATH block A-D built 70 years ago has never seen any renovations, a development Asantehene Otumfuo Osei Tutu II described as unfortunate when he sneaked into the facility in the night to visit his sick father’s Priest. Otumfuo who is uncomfortable with the state of the Teaching Hospital will in the coming day launch a fund-raising exercise to raise at least 10 million dollars to renovate the entire hospital. The…
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Headmaster Of Nkwatia Presby SHS Allegedly Assaults Female Student – Reports
28 Aug

Headmaster Of Nkwatia Presby SHS Allegedly Assaults Female Student – Reports

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A video has emerged online of a young woman believed to be a student of the Nkwatia Presby Senior High School, who was allegedly slapped and beaten by her headmaster. This has left the young lady partially blind, online accounts have indicated. According to a tweet shared by SIKAOFFICIAL on Twitter, the lady, named only as Diana, was assaulted after her headmaster in charge of academics, refused to hear her out when she tried to explain that she had permission to leave campus. “A second-year student of the Nkwatia Presby Senior High School goes partially blind after allegedly being slapped…
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CAF Confed Cup: The Name ‘Milo FC’ May Deceive You – Dreams FC Coach
28 Aug

CAF Confed Cup: The Name ‘Milo FC’ May Deceive You – Dreams FC Coach

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Dreams FC coach, Abdul Karim Zito has disclosed that many underrated Guinean club, Milo FC as an easy opponent for Dreams FC to beat to in the CAF Confederations Cup. He revealed that many people underestimated the challenge posed by the Guinean side, assuming that they were an easy team for Dreams FC to overcome and advance to the next round. “Before this game, I told you that it won’t be easy because the name Milo alone may deceive you. Milo FC, so you may think that you will boil hot water and finish them, but you saw it for…
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Everton Makes Offer For Ghana Winger Kamaldeen Sulemana
28 Aug

Everton Makes Offer For Ghana Winger Kamaldeen Sulemana

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Everton have intensified their interest in Kamaldeen Sulemana and are hopeful of securing a deal before the end of the current transfer window. Sulemana completed a £22 million move to Southampton in January, rejecting Everton's interest. Despite a slow start, he scored a brace against Liverpool on the final day of the Premier League, attracting attention from other clubs. However, his efforts with Southampton were not enough to sustain them in the English Premier League as they suffered relegation at the end of the season. Everton have therefore rekindled their interest in the Ghana international and are said to have…
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Lionel Messi Faces Punishment After Violating MLS Rule
28 Aug

Lionel Messi Faces Punishment After Violating MLS Rule

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Inter Miami superstar, Lionel Messi could suffer punishment for violating the Major League Soccer(MLS) rules after he declined to face the press following his debut. The 7-time Ballon d'Or winner did not show up for the post-match match press conference after his debut against Ney York Red Bull on Saturday. Messi who started the game from the bench, climbed off the bench to wrap up a 2-0 win for Inter Miami with a well-worked phenomenal goal. According to Goal, Miami spokeswoman Molly Dreska informed the press that the Argentine will not face the press, hence, Messi could be sanctioned for…
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