2024 - Page 506 of 508 - Wontumi Online

09 Jan

Government To Borrow GH¢12.7bn Via T-Bills In January 2024

wontumionlineBusinessT-Bills

The government is seeking to borrow GH¢12.7 billion via treasury bills in January 2024, to finance maturing bills. This is 1.2% lower than that of December 2023. Already, the government has raised GH¢3.223 billion in the first auction of 2024, 15.24% more than the targeted amount. Based on the prevailing strong demand at an average of GH¢4.0 billion per week, analysts expect the authorities to comfortably refinance the upcoming maturities. However, there are likely to be higher targets to finance the 2024 budget deficit and buffer for February 2024 coupon payments on the restructured bonds. T-bills demand surged in December…

09 Jan

Mixed Reactions Trail BBC Report On TB Joshua

wontumionlineNewsBBC documentary, TB Joshua

Mixed reactions have trailed a report detailing how the late founder of the Synagogue Church of All Nations (SCOAN), Pastor Temitope Balogun Joshua, popularly known as TB Joshua, reportedly raped, tortured, and subjected some church members to solitary confinement. The investigative report by the British Broadcasting Corporation’s (BBC) Africa Eye, spanning over two years, detailed the accounts of victims. They claimed they were raped and also underwent forced abortions in a secretive Lagos compound for almost 20 years. The BBC reports that a Briton, Rae, “was 21 years old when she abandoned her degree at Brighton University in 2002 and was recruited…

09 Jan

Nigerian Poverty Minister Suspended Over Money In Personal Bank Account

wontumionlineNewsNigerian Poverty Minister

Nigeria’s President has suspended a minister over the alleged diversion of more than 585 million naira ($640,000; £500,000) of public money into a personal bank account. Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was suspended on Monday following public outrage over the scandal. A statement from President Bola Tinubu’s office said he had ordered an investigation into Dr Edu’s ministry. Dr Edu has denied any wrongdoing. Her office said she had approved the transfer into a personal account, which was not in her name, but said it was for the “implementation of grants to vulnerable groups”. Dr Edu, 37,…

09 Jan

Afua Asantewaa Submits Sing-A-Thon Evidence To Guinness Book Of Records

wontumionlineShowbizAfua Asanteww, Sing-a-thon

Ghanaian entrepreneur, Afua Asantewaa Owusu Aduonum, who attempted to beat the Guinness Book of Records for the longest singing marathon by an individual has officially submitted evidence of her attempt to the world body. Asantewaa’s team submitted the video evidence to Guinness World Records last Saturday for review and confirmation. She attempted a five-day singing marathon that begun at midnight on Sunday, December 24, 2023, to surpass the former record of 105 hours record set by an Indian artiste Sunil Waghmare in 2012. She ended at 7:00am on Friday, December 29, 2023. Her event attracted a lot of celebrities and…

09 Jan

NCCE Urges Youth To Reject Politicians Promoting Violence Ahead Of 2024 Elections

wontumionlineFeatured, News, Trending2024 elections, NCCE, Offers from politicians

The National Commission for Civic Education (NCCE) is urging the youth to resist any offers from politicians encouraging violent actions and disruptions during the upcoming 2024 elections. Emphasizing citizens' crucial role, chairperson of the commission Kathleen Addy stressed the collective responsibility to prevent bloodshed on December 7th. Addressing the media, Ms. Addy conveyed the NCCE's strong message to the youth, urging them to reject any involvement in violent acts orchestrated by politicians. As part of the Constitution Day activities, the press conference served as a platform to underscore the significance of civic responsibility in upholding peace during electoral processes. She…

09 Jan

Your Claim That Akufo-Addo Hasn’t Condemned Election 2020 Deaths False – Eugene Arhin To Mahama

wontumionlineFeatured, News, TrendingEugene Arhin, False Allegation, Mahama

Eugene Arhin, the Director of Communications at the seat of the presidency, has strongly refuted claims made by the National Democratic Congress (NDC) flagbearer, John Dramani Mahama, accusing President Akufo-Addo of not condemning the election-related deaths that occurred during the December 2020 presidential and parliamentary elections. In a Facebook post responding to Mahama’s allegations on January 7, 2024, Mr. Arhin quoted and shared a video clip from President Akufo-Addo’s victory speech on December 9, 2020, delivered at his residence in Nima, Accra. In the video, President Akufo-Addo condemned the incidents that led to the deaths of eight individuals during the…

09 Jan

Mahama Should Rather Be Preparing For Retirement On Dec 7 – Ahiagbah Replies Asiedu Nketiah

wontumionlineFeatured, News, TrendingAhiagbah, Mahama, NPP & NDC

The Director of Communications of the New Patriotic Party (NPP), Mr. Richard Ahiagbah has told the National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah, that the flagbearer of the NDC former President John Dramani Mahama should rather be preparing for retirement on December 7 this year, which is the date for the 2024 general elections. He projected that this year’s elections would end in defeat for the NDC. He was reacting to Mr. Asiedu Nketiah’s comment that the NPP administration should start preparing their handing over notes. Addressing a press conference in Accra on Monday, January 8,…

08 Jan

Deepening Economic Relationship With Indian Businesses Will Boost Trade Investment – President GATAC

wontumionlineBusiness

The president of the Global Africa Trade advisory chamber, GATAC, Dr. Dominic Oduro Antwi has commend Indian business operating in the country for their tremendous strides to increase productivity at private sector to support the growth of Ghana’s economy. In a remarkable display of unwavering dedication to excellence and innovation the president of GATAC has commended Ghana’s steel manufacturing company B5 Plus for their outstanding position at the esteemed 20th Ghana Club 100 Award ceremony. “This recognition not only underscores the company’s exceptional performance but also reaffirms its pivotal role in driving ghana economic expansion on the world stage,” said…

08 Jan

GNPC Deputy CEO Woos Krobos Living Abroad To Support Home

wontumionlineBusiness

The Deputy Chief Executive Officer in charge of Finance and Administration at the Ghana National Petroleum Corporation (GNPC), Benjamin Kweku Acolatse Esq, has charged indigenes of Yilo Krobo in the Eastern Region, who are seeking greener pastures elsewhere, to look back and contribute their quota to improve social life and infrastructural development of their home. According to him, the government alone cannot provide social amenities in the area, stressing that “as natives both home and away, we can contribute our quota to develop the Yilo State.” Mr. Acolatse noted that some youth in the area who obtained good grades in…

08 Jan

GSE Composite Index Ends 2023 With 28.08% Gain

wontumionlineBusiness

The Ghana Stock Exchange ended 2023 with the Composite Index returning 28.08 per cent despite the challenges in the capital market in the year under review. This compares to a loss of 12.38 per cent in 2022. The Financial Stock Index, however recorded a year-to date loss of 7.36 per cent, compared to a loss of 4.61 per cent in 2022. Volumes, value, and number of trades also saw a dip, compared to the figures recorded in 2022. The cumulative volume traded amounted to 579,675,315, valued at GHS818.1 million, indicating a decline of 56.59 per cent and 50.11 per cent…