August 2023 - Page 3 of 83

31 Aug

Work To Resume On Takoradi PTC Interchange By End Of September

wontumionlineBusinessTakoradi PTC interchange

Construction work on the stalled PTC Interchange in the Takoradi metropolis of the Western Region, which has inconvenienced daily commuters, is set to resume by the end of September this year, bringing relief to the affected individuals. This positive development emerged in response to a question raised by a concerned resident of Amanful West during a community engagement event organised by Dr Kwabena Okyere Darko-Mensah, the Member of Parliament for Takoradi Constituency. Mr Mensah, who is also the regional minister, initiated these community engagements to foster closer connections with his constituents and to understand their challenges better. During the event,…

31 Aug

Industry Confident Of Stability For Remainder Of 2023

wontumionlineBusinessSeth Twum Akwaboah

Domestic manufacturers are hopeful that the current relative stability being experienced will remain throughout this year, following close to three years of a dire economic downturn. Inflation, after ending 2022 at 54.1 percent – a 22 year high, consistently declined from January to April but went up in May, June and July on account of higher food prices, implementation of new tax measures and utility tariff adjustments. Overall, it rose from 41.2 percent in April to 42.2 percent in May, 42.5 percent in June and further to 43.1 percent in July. Despite the uptick in inflation over the last three…

31 Aug

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

wontumionlineBusinessKow 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

Asante Kotoko Sign Talented Teenager Bernard Somuah From Afigya Liberty

wontumionlineSportsBernard Somuah

Ghana Premier League side, Asante Kotoko have made another signing in a bid to strengthen the squad of the team for the 2023/24 football season. In an official club communique on Wednesday, August 30, the club has said talented teenager Bernard Somuah has been signed from lower-tier outfit Afigya Liberty. “Asante Kotoko is pleased to confirm the signing of Bernard Somuah from Afigya Liberty on a three-year deal. “The 17-year-old who has already had training sessions with the club and has featured in three of the Club’s four pre-season friendlies officially became a Porcupine after passing his medical on Tuesday,” parts of the Asante…

31 Aug

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

wontumionlineBusinessbank 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

Callum Hudson-Odoi Could Reunite With Steve Cooper At Nottingham Forest

wontumionlineSportsCallum Hudson-Odoi

English-born Ghanaian winger Callum Hudson-Odoi appears poised to embark on a reunion that could reshape his footballing journey. The upcoming transfer window holds the prospect of a significant shift for Hudson-Odoi, as Nottingham Forest stands on the brink of securing a deal to bring the talented Chelsea winger into their ranks. While the agreement between the two clubs is expansive in scope, the discussions now hinge upon the finer points that will finalize this anticipated move. The negotiation's conclusion seems close, setting the stage for a collaboration that could potentially energize Nottingham Forest's attacking machine. Nottingham Forest's attraction and potential…

31 Aug

GFA Elections Still On Hold After Court Adjourned Hearing Of Injunction

wontumionlineSportsGFA

The 2023 Ghana Football Association (GFA) election process remains on hold due to an injunction filed by King Faisal against the football governing body. The legal proceedings took an unexpected turn as the scheduled court session on Wednesday, August 30 did not take place. The case has now been rescheduled for Wednesday, September 6th. The legal representatives from both parties have come to an agreement to establish a new date to address their respective concerns. Division One League side, King Faisal is seeking an injunction against the GFA's scheduled presidential election. They propose that the injunction should continue until elections…

31 Aug

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

wontumionlineBusinessfuel 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

Ernest Nuamah Picks Number 37 Jersey At Olympique Lyonnais

wontumionlineSportsErnest Nuamah

Ghana forward Ernest Nuamah will wear the number 37 jersey at Olympique Lyonnais after his transfer was officially announced on Wednesday night. It is the same jersey number Nuamah wore in his over one-year stay with FC Nordsjaelland in the Danish Superliga. French Ligue 1 club Olympique Lyonnais signed the Right to Dream graduate on loan from RWD Molenbeek in Belgium. It is RWD Molenbeek the 19-year-old signed for on a permanent contract from the Danish club and loaned to Lyon until June 2024. Eagle Football, the owners of Olympique Lyonnais, are also the owners of the newly promoted Belgium…

31 Aug

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

wontumionlineSportsGhana 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…