August 2024 - Page 47 of 54

06 Aug

Gold Exports Surge To Record Highs In First-Half 2024

Wontumi1BusinessGold Export

Domestic gold exports soared to unprecedented levels in first-half 2024, driven by a surge in gold prices and increased production from both small- and large-scale miners. According to Chief Executive Officer (CEO) - Minerals Commission, Martin Ayisi, gold exports accounted for 54 percent of total export – amounting to US$5billion of the US$9.2billion total exports at end-June 2024. The spike in gold prices, particularly in the second quarter of 2024, significantly contributed to this. The average gold price hit a record US$2,338 an ounce in the second quarter, marking an 18 percent year-on-year (YoY) increase and a 13 percent rise…

06 Aug

UK Trade Mission Targets Opportunities In Ghana, Nigeria

Wontumi1BusinessUK Trade Mission

The recent ‘Build and Construction’ Trade Mission to Nigeria and Ghana, organised by the UK’s Department for Business and Trade (DBT), is envisaged to significantly impact the construction sectors in both West African nations. UK companies had a chance to identify new business opportunities and build valuable connections, potentially transforming the local construction landscape. The trade mission aimed to uncover market opportunities, facilitate high-level networking and identify potential projects and partnerships, showcasing UK expertise in various construction disciplines. The delegation included key figures from the UK construction industry such as Emeka Okorocha, Managing Director of iStrat Consulting; Phil Dowrick, Client…

06 Aug

Banking Sector Clean-Up: NPP Rescued Banks From Collapsing Completely – Prof. Boadi

Wontumi1UncategorizedBanking sectors

A professor of accounting and finance at the University of Professional Studies, (UPSA) Isaac Boadi, has said the banking sector clean-up was in favour of Ghanaian banks and financial institutions. According to him, if the National Democratic Congress (NDC) had won the 2016 elections, the banking sector would have completely collapsed because the cleanup would not have happened. “Let me point out here that if the NDC had won the 2016 elections and they were not going to implement the cleanup as was done by this government, the banking sector would have collapsed completely,” he was quoted by asaaseradio.com. Prof. Boadi noted…

06 Aug

Four Arrested For Tampering With ECG Meters

Wontumi1NewsECG meters

Four individuals, including three Ghanaians and a Chinese national, have been detained by the Police for tampering and installing Electricity Company of Ghana (ECG) meters. Wisdom Sewlorm, an agent, received the ECG meters for installation. However, his employee, Ernest Afatsawu, tampered with the meters and sold them to a Chinese plastic manufacturing firm for GH₵1200. The manager of the Chinese firm, Rulian Shan, along with his Sales Manager, Ali Yakubu, were apprehended on Friday, August 2. Ernest and Wisdom are currently under investigation after being summoned. The Director responsible for Investigation, Prosecution, and Security, Paul Abariga stated that the four…

06 Aug

Police Take Over Bawjiase Town After One Shot Dead [Photos]

Wontumi1NewsBawjiase shooting, POLICE

Over 100 police officers led by the Central East Regional Police Commander, DCOP Owusu Bempah, have taken over Bawjiase community. This was after a young man as shot dead on Monday, August 5 ahead of the outdooring of the Bawjiase chief on Tuesday. According to reports, a group on motorbikes invaded the chief’s palace to prevent the ceremony from happening. The Gyasehene of Awutu Bawjiase, Nai Kwame Korabi Opeikuma IV confirmed the incident to Adom News. To avert any reprisal attacks, Police have beefed up security in the community to supervise the outdooring of the new chief, Nai Kwaku Osardu.…

06 Aug

NDC Behind ‘Agyapadie’ Document – Owusu Bempah

Wontumi1NewsAgyapadie’ Document, OWUSU BEMPAH

Deputy Director of Communications for the New Patriotic Party (NPP), Ernest Owusu-Bempah, is accusing the National Democratic Congress (NDC) of orchestrating the ‘Agyapadie’ document. According to him, the opposition party lacks a convincing campaign messages ahead of the 2024 general elections. The NPP man claims the NDC is resorting to spreading falsehoods about the NPP government instead. Mr Owusu-Bempah accused the NDC of using the Agyapadie document as a tool to disseminate these falsehoods against President Akufo-Addo’s administration. He argued that the NDC’s strategy involves feeding the minds of Ghanaians with lies to gain political power. In a statement titled…

06 Aug

Dr Owusu Afriyie Akoto’s mother to be laid to rest on Saturday, 31st

Evans ManassehNewsDr. Owusu Afriyie Akoto

The mother of former Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto will be buried on August, 31 in Koforidua. His mother, Madam Gladys Adjepong was said to have died on 19th May, 2024 at the age of 96. Madam Gladys Adjepong's departure from this world leaves a void that will be deeply felt by all those who were fortunate enough to have known her. Her life was a beacon of strength, compassion, and wisdom, qualities that will continue to inspire generations to come. The funeral proceedings will commence with a Pre-Burial on Suturday, 31th August, 2024, followed by…

06 Aug

The Agyapadie Nonsense And NDC’s Big Political Lie

Wontumi2Articles, Featured, NewsErnest Kofi Owusu Bempah

It was Hitler's Propaganda Minister, Joseph Goebbels who said that “If you tell a lie big enough and keep repeating it, people will eventually come to believe it." According to the Nazi propaganda chief Joseph Goebbels, though the lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy…

06 Aug

Obiri Boahen Urges Attorney General to Challenge Court of Appeal’s Ruling in Ato Forson Case

Evans ManassehNewsObiri Boahen Urges Attorney General to Challenge Court of Appeal's Ruling in Ato Forson Case

Former Deputy General Secretary of the New Patriotic Party (NPP), Lawyer Nana Obiri Boahen, has called on Attorney General Godfred Dame to appeal the recent Court of Appeal decision that acquitted and discharged Dr. Cassiel Ato Forson and Richard Jakpa in the ambulance trial. The Court of Appeal overturned the earlier High Court ruling, acquitting Dr. Forson, the Minority Leader, who was accused of causing a €2.37 million financial loss to the state through an ambulance deal. In a 2-1 majority ruling on July 30, 2024, the court found that the prosecution failed to establish a prima facie case, thus…

06 Aug

Audiovisual Rights Society of Ghana (ARSOG) Elects New Board of Directors

Evans ManassehShowbizARSOG.

The Audiovisual Rights Society of Ghana (ARSOG), the sole licensed collective management organization responsible for licensing, collecting, and equitably distributing royalties and levies due to audiovisual content producers, authors, and performers, has elected a new board of directors. The elections took place on July 31, 2024, at the Catholic Institute of Business and Technology in Accra. The society’s members elected nine individuals, comprising three authors, three producers, and three performers, to steer the organization for the next three years. The newly elected board members are: Zakaria Abdullai Samuel A. Nyamekye Paul Adjei Kaakyire K. Appiah Michael K. Ola Ntiamoah Nana…