August 2024 - Page 53 of 54

01 Aug

LilWin Has Never Approached Me For An Out-Of-Court Settlement – Martha Ankomah

Wontumi1Showbizlawsuit, Lilwin, Martha Ankomah

Popular Ghanaian actress Martha Ankomah has come out to debunk reports that colleague actor Kwadwo Nkansah aka LilWin has approached her for an out-of-court settlement. This comes in reaction to reports by GhOne News that an Accra High Court had been informed of the decision by the Kumawood actor. However, speaking exclusively to GhanaWeb Entertainment on August 1, 2024, Martha Ankomah denied such reports. She stated that the defamation case is till in court and neither LilWin nor anyone from his legal team has approached her camp for a settlement. “It is not true, LilWin has never approached me for…

01 Aug

“National Action Plan To Combat Misinformation Before Cabinet” – President Akufo-Addo

Wontumi2NewsNana Addo Dankwa Akufo-Addo

At the Ghana Report Summit held today on August 1st, 2024, President Nana Addo Dankwa Akufo-Addo revealed that a comprehensive National Action Plan, aimed at combating misinformation and disinformation in the lead-up to the 2024 General Elections, is currently before Cabinet for its consideration and action. In his address, President Akufo-Addo praised Ghana’s impressive democratic journey, marked by eight successful general elections since the return to constitutional rule in 1993. However, he cautioned that misinformation and disinformation pose significant threats to these democratic achievements. “False narratives can distort public perception, undermine trust in our institutions, and even incite violence,” the…

01 Aug

“Agyapadie Is A Fabricated Document” – President Akufo-Addo

Wontumi2Featured, NewsNana Addo Dankwa Akufo-Addo

In a compelling address today at the Ghana Report Summit, President Nana Addo Dankwa Akufo-Addo shed light on the fabricated narratives that have been used to undermine his political career, focusing on the “Agyapadie” document, which first surfaced in the run-up to the 2020 elecrions. The Summit, themed “Dealing with Misinformation and Disinformation – Election 2024,” highlighted the dangers of false information in the democratic process. The Agyapadie document alleges a grand scheme by the New Patriotic Party (NPP) to annex state assets. According to President Akufo-Addo, this fabricated document has been circulated by opposition operatives as evidence of the…

01 Aug

President Akufo-Addo Calls For Collective Action Against Misinformation & Disinformation

Wontumi2NewsNana Addo Dankwa Akufo-Addo

In a rousing address today at the Ghana Report Summit on “Dealing with Misinformation and Disinformation – Election 2024,” President Nana Addo Dankwa Akufo-Addo underscored the critical need to combat the spread of false information in the democratic process. Held at the Kempinski Hotel in Accra, the summit brought together key stakeholders to address the growing menace of misinformation and disinformation in the lead-up to the general elections. President Akufo-Addo began by highlighting Ghana’s exemplary democratic journey, marked by eight successful general elections since the return to constitutional rule in 1993. The peaceful transitions of power between the New Patriotic…

01 Aug

Monday, August 5 Declared A Public Holiday

Wontumi1Newspublic holiday

The government has announced that Monday, August 5, 2024 will be observed as an additional public holiday in Ghana. Founders’ Day is a statutory public holiday celebrated annually on 4th August to honour the founders of the nation. This year’s date falls on a Sunday, for which President Akufo-Addo, by Executive Instrument (E.I) and in accordance with Section 2 of the Public Holidays and Commemorative Days Act (Act 601), has declared the following Monday as a public holiday. This decision allows all citizens the opportunity to commemorate Founders’ Day appropriately. Ghanaians are encouraged to take part in the celebrations and…

01 Aug

Brazil Great Marta Goes Off In Tears After Red Card

Wontumi1SportsGreat Marta

Brazil’s all-time leading goalscorer Marta walked off the pitch in tears after being shown a straight red card during their 2-0 defeat by Spain in the Olympic women’s football tournament. Marta, who will retire from international football this year, was sent off for narrowly missing Olga Carmona’s head with a dangerous high-footed tackle during the Group C match in Bordeaux. Her hopes of appearing again in the tournament now rest on whether Brazil, make it through their quarter-final tie, after the Selecao advanced as one of the best third-placed sides. Brazil were level when Marta was sent off just before…

01 Aug

Diallo Stars In Man Utd Friendly Win Over Betis

Wontumi1SportsManchester United, Real Betis

Manchester United wide-man Amad Diallo was the star of the show as Erik ten Hag’s side recorded a 3-2 pre-season victory over Real Betis in the Snapdragon Stadium for their first win of their US tour. Diallo scored himself after winning Marcus Rashford’s penalty, and Casemiro’s first-time effort gave United the win with a dominant first-half performance. But while Diallo commanded most attention in San Diego, United manager Ten Hag was left with more injury headaches with the news that Leny Yoro will miss three months with a foot injury and Rasmus Hojlund six weeks with a hamstring strain. And…

01 Aug

Forex Bureaux To Verify Ghana Cards, Passports Before Transactions Effective August 1

Wontumi1BusinessForex Bureau

The Bank of Ghana has announced an update to its foreign exchange trading system, introducing a centralised platform aimed at ensuring the integrity and development of the financial system. Effective August 1, 2024, all licensed Foreign Exchange Bureaux in Ghana will be required to verify customer identities using Ghana Cards or Passports before conducting any transactions. This new platform is a major milestone in the Bank of Ghana’s efforts to promote safe and sound operations within the foreign exchange market. The initiative is designed to improve oversight for Directors and Management of the bureaux, and enhance the Bank’s ability to…

01 Aug

BoG’s Independence Should Remain A Priority – IMF To Government

Wontumi1BusinessBoG, IMF

The International Monetary Fund (IMF) wants the adoption by Cabinet of the amendments to the Bank of Ghana Act to remain a priority to strengthen the Central Bank’s independence. This follows the high exposure of the Central Bank to the Government of Ghana’s financing. According to the Fund, the recapitalisation of the Bank of Ghana should follow a cautious approach that considers fiscal space available under the Economic Credit Facility programme. It however stated that the Bank of Ghana’s commitment to maintain a prudent monetary stance is welcome, but more progress is needed to address the Fund’s safeguards assessment recommendations.…

01 Aug

BoG Acted Rightly In Disapproving Smith-Graham’s Appointment As UMB Board Chair – Court

Wontumi1BusinessBoG, Smith-Graham, UMB Board Chair

The High Court presided over by Justice Nana Brew dismissed an application for judicial review filed by George Smith-Graham, a former director of UMB Bank, against the Bank of Ghana (BoG). The decision was taken on July 10, 2024. Giving the judgment in favour of the BoG, the Court stated that the purpose of the Banks and Specialised Deposit-Taking Institutions Act, Act 930 and the Corporate Governance Directive 2018, was to enhance the supervisory powers of the Bank to ensure sanity in the banking sector. The Court explained that, it considered Section 102 of Act 930 and was of the…