August 2023 - Page 3 of 86

31 Aug

Mawuko Afadzinu Elected Chairman Of International Table Tennis Federation’s Sustainability Committee

Wontumi1SportsGhana Table Tennis Association, International Table Tennis Federation, Mawuko Afadzinu

Ghana Table Tennis Association continues to make strides in the global sports arena with the election of its president Mawuko Afadzinu as the first Chairman of the Sustainability Committee of the International Table Tennis Federation. Afadzinu, who is also a Board Member of the International Table Tennis Federation, will be assisted by Daniel Valero of Spain and Majd Albalooshi of the United Arab Emirates. In partnership with the International Table Tennis Federation’s Foundation, the Committee will ensure that the international body champions a greener future by fulfilling its needs without compromising the ability of future generations to do so by…

31 Aug

Taxi Driver ‘Forced’ By Rising Fuel Cost To Cover His Fuel Gauge Intermittently To Keep His Sanity

Wontumi1Businessfuel gauge, fuel prices

The recent hike in fuel prices appears to have moved a number of commercial drivers into finding new ways of dealing with the impact. The fluctuating prices seem to be taking a psychological toll on drivers, just as it is affecting their pockets. A 20-year-old man, Emmanuel Fatsawo who has been driving for two years has blinded his fuel gauge to avoid the distraction of seeing the fuel go down. “You definitely cannot work if the fuel gauge is not covered, because you’ll be distracted by the constant decrease, covering it keeps me focused till I close for the day,…

31 Aug

No Serious Footballer Will Have Sex Before Playing A Game – Guru Claims

Wontumi2ShowbizGuru

Ghanaian musician and rapper, Maradona Yeboah Adjei, known in the entertainment circles as Guru NKZ has cautioned footballers against having sex before stepping onto the field to play. While most footballers believe it keeps them fit before games, others believe it brings down one’s performance and concentration before and during games. According to Guru, it is only 'unserious, aimless, and visionless' footballers who indulge in such an act, adding that it is prudent to concentrate on relevant issues rather than worldly stuff. Speaking to Kumasi-based Angel FM, Guru said “Every football with aim and vision will never have sex with…

31 Aug

Bank Of Ghana’s Vital Task Of Guiding Inflation Back To 8% Target Is Not Hindered – IMF Resident Rep.

Wontumi1BusinessBank of Ghana, DDEP, IMF

The International Monetary Fund (IMF) Resident Representative in Ghana, Dr. Leandro Medina, has said that the Bank of Ghana’s task of guiding inflation back to its 8 percent target in a gradual manner is not hindered by its participation in the Domestic Debt Exchange Programme (DDEP). He said the BoG’s participation in the DDEP formed part of efforts to burden-share the load placed on government and banks. Speaking in an interview with the B&FT newspaper, Dr Medina noted that an IMF analysis showed that “this situation does not hinder the BoG from effectively executing its policy mandates, including the vital…

31 Aug

Kow Essuman Commends McDan For Investing In Salt Mining, Creating Jobs

Wontumi1BusinessKow Essuman

Lawyer Kow Essuman has commended Dr Daniel McKorkely for investing in the salt mining industry of the country. Mr Essuman is of the view that the industry has a huge untapped potential and can create massive job opportunities for unemployed youth. In a post on X, formerly Twitter, on Wednesday, August 30, the President’s lawyer commended the government for creating the enabling environment for such businesses to thrive. “Today, the President of the Republic, @NAkufoAddo, commissioned ElectroChem Ghana Limited’s Salt Processing Plant at Ada Songor, Sege,” he posted. “Kudos to McDan for this major investment in salt mining and creating jobs…

31 Aug

Man Charged Over Sterling Burglary During World Cup

Wontumi1Sports2022 World Cup, England, Raheem Sterling

A man has been charged after a break-in at the home of Chelsea star Raheem Sterling during the Qatar World Cup. Jewellery and watches worth £300,000 were reportedly stolen from the property in Oxshott, Surrey, while Sterling was in Qatar with England. The player left England’s World Cup camp to be with family after intruders broke in on 3 December 2022. Surrey Police said a man had been charged with 33 offences of conspiracy to commit burglary. A spokeswoman for the force said Emiliano Krosi, 23, of Ditton Court Road, Southend-on-Sea, Essex, had been charged and remanded in custody. She…

31 Aug

GAWU Criticises Phase Two Of Govt’s Planting For Food & Jobs

Wontumi1BusinessPlanting for Food and Jobs

The General Agriculture Workers Union (GAWU) has criticized government’s second phase of the Planting for Food and Jobs (PFJ) programme which seeks to provide jobs to more than 1.2 million farmers. This follows the launch of the second phase of the programme on Monday which also announced an annual average of 210,000 new farm-related jobs which will exclude other jobs along the agricultural value chains estimated at an annual average of 420,000 over the same period. According to the Union, government quest to increase jobs within the agricultural sector is unrealistic as the first phase of the programme launched in…

31 Aug

Attorney General Files 39 Charges Against NAM1

Wontumi2BusinessMenzgold, Nana Appiah Mensah

The former Chief Executive Officer for MenzGold, Nana Appiah Mensah (NAM1), has been charged by the Office of the Attorney General after three years and more than 35 adjournments of his trial. Court documents sighted by GhanaWeb indicate that the Office of the Attorney has slapped NAM1 with 39 charges. The charges include 25 counts of “Defrauding by false pretence contrary to sections 131(1) of the Criminal Offences Act, 1960 (Act 29); and seven counts of “Fraudulent breach of trust contrary to section 128 of the Criminal Offences Act, 1960 (Act 29)”. The other charges are seven counts of “Money Laundering contrary…

31 Aug

President Akufo-Addo Unveils National Integrated Maritime Strategy

Wontumi2BusinessNana Addo Dankwa Akufo-Addo

President Nana Akufo-Addo has launched the National Integrated Maritime Strategy document (NIMS) to strengthen the framework for maritime governance. The NIMS is a forward-thinking strategy designed to foster collaboration, innovation and address challenges facing the country’s maritime sector. The NIMS was put together by the Ministries of Transport, Defence, Energy, Fisheries, Foreign Affairs and National Security, among others. Addressing the third International Maritime Defence Exhibition and Conference (IMDEC) in the opening ceremony at the Ghana Armed Forces headquarters in Accra, he indicated that safeguarding Ghana’s territorial integrity and protecting the interests of all Ghanaians remain key priorities of government. The…

31 Aug

GHASALC Advocates Establishment Of Common Clearing House, Regulatory Adjustments

Wontumi2BusinessGhana Association of Savings and Loans Companies

The Ghana Association of Savings and Loans Companies (GHASALC) has outlined its top regulatory priorities with the establishment of a common clearing house for Savings and Loans Companies (S&Ls) and Finance Houses at the top of the pile. This, Executive Secretary of the association Tweneboah Kodua Boakye says, is a strategic move geared toward enhancing operational efficiency, reducing risk and bolstering the Specialised Deposit-Taking and Non-Bank Financial Institution (SDI-NBFI) market, which is in excess of GH¢17billion. Speaking on behalf of GHASALC, the association’s executive secretary highlighted the significance of a common clearing house for S&Ls and finance houses. The clearing…