CUD Wontumi, Author at Wontumi Online

31 Mar

Gold Prices Surge Past $3,100 Amid Economic And Geopolitical Concerns

CUD Wontumi0 CommentsBusinessGold

Gold prices soared to an all-time high on Monday, surpassing $3,100 per ounce for the first time, as investors sought refuge in the safe-haven asset amid growing economic uncertainty and geopolitical tensions. Reuters reports that spot gold hit a record-breaking $3,106.50 per ounce, continuing its upward trajectory after breaching the psychological $3,000 mark earlier this month. The precious metal has gained over 18 per cent since the start of the year, solidifying its position as a hedge against economic instability and inflationary pressures. Market analysts attribute the rally to a combination of factors, including concerns over U.S. President Donald Trump’s tariff…

28 Mar

I Have No Challenger –Stonebwoy On Artiste Of he Year Race

CUD Wontumi0 CommentsShowbizStonebwoy

VIRTUALLY ticking all the category’s boxes as well as habouring a strong conviction of making history as the first artiste to win the ultimate Telecel Ghana Music Awards (TGMAs) Artiste of the Year (AOTY) award back to back, Dancehall artiste Stonebwoy has declared he has no challenger in this year’s race. Stonebwoy, the reigning TGMA Artiste of the Year believes it is a done deal for him although he is vying for the TGMA topmost prize again this year against strong contenders including King Promise, Black Sherif, Kweku Smoke, Joe Mettle, King Paluta and Team Eternity Ghana. According to the category’s definition, “The Artiste…

28 Mar

GES Reschedules Reopening Date For Single-Track Senior High Schools

CUD Wontumi0 CommentsNewsGES, Single-Track Senior High Schools

The Ghana Education Service (GES) has revised the reopening date for single-track senior high schools (SHSs), shifting it from March 29, 2025, to April 23, 2025. This change was outlined in a circular dated March 27, 2025, addressed to all regional directors of education. The letter, signed by Prince C. Agyeman-Duah, Director of the Schools and Instructions Division, on behalf of the Acting Director-General of the GES, directed regional directors to ensure the information reaches all relevant stakeholders. "By this letter, regional directors of education are requested to communicate this information to all heads of single-track senior high and senior…

28 Mar

Ghana Revenue Authority Refutes Claims Of Freezing Richard Quaye’s Bank Accounts

CUD Wontumi0 CommentsBusinessGRA, Richard Nii-Armah Quaye

The Ghana Revenue Authority (GRA) has dismissed reports circulating on social media alleging that it has frozen the bank accounts of Richard Nii Armah Quaye, the founder of Bills Micro Credit Ltd. While confirming that a personal income tax assessment has been raised against him, the Authority clarified that no enforcement action, including the freezing of accounts, has been taken. In a statement issued by its Communication and Public Affairs Department, the GRA stressed that it follows a structured process in assessing and collecting taxes. The process begins with taxpayers being engaged and requested to voluntarily declare their incomes. If…

28 Mar

Ghana Revenue Authority Explains Why It Freezes Accounts Of Taxpayers

CUD Wontumi0 CommentsBusinessAccounts freezing, GRA

The Ghana Revenue Authority (GRA) has clarified its enforcement measures regarding tax compliance, explaining that it only freezes the bank accounts of taxpayers who fail to cooperate after being assessed for outstanding tax obligations. The clarification follows reports circulating on social media claiming that the Authority had frozen the accounts of Richard Nii Armah Quaye, the founder of Bills Micro Credit Ltd. In a statement issued by its Communication and Public Affairs Department, the GRA stated that it follows a structured process in assessing the incomes of taxpayers. This involves requesting individuals and businesses to voluntarily declare their earnings. If…

28 Mar

Chief Justice Torkornoo: Serve Me With Copies Of Petitions Asking For My Removal To Enable Me Respond

CUD Wontumi0 CommentsNews

The Member of Parliament (MP) for Old Tafo, Vincent Ekow Assafuah, has filed a lawsuit asking the Supreme Court to declare as null and void the ongoing process which could lead to the removal of the Chief Justice, Justice Getrude Sackey Torkornoo, from office. The MP, in the writ filed at the apex court yesterday, is asking the Supreme Court to declare as null and void President John Dramani Mahama’s decision to forward the petitions seeking the removal of the Chief Justice to the Council of State for consultation. The writ was filed against the Attorney-General (A-G) by the lawyer…

28 Mar

NIB Smashes $350 Million Cocaine Haul

CUD Wontumi0 CommentsNewscocaine, NIB

In a groundbreaking operation, the National Intelligence Bureau (NIB) has intercepted a staggering 3,319.66 kilogrammes (3.3 tonnes) of substances suspected to be cocaine, with a street value of approximately $350 million. The massive haul was concealed in sacks and bags cleverly hidden in heaps of sand in a tipper truck to evade detection. However, the vigilant NIB operatives were able to uncover the illicit cargo, marking a significant milestone in the country's fight against narcotics. The tipper truck was arrested at Pedu Junction in Cape Coast in the Central Region en route to Accra. The interception of the over 3,300kg…

27 Mar

She Still Can’t Resist Me – Regina Daniels’ Hubby Boasts As He Proposes Again

CUD Wontumi0 CommentsShowbizNed Nwoko, Regina Daniels

Billionaire businessman and politician Ned Nwoko has once again professed his deep affection for his wife, Regina Daniels, by proposing to her six years after their marriage. Taking to social media, Nwoko shared a heartfelt love letter, reflecting on their journey together and expressing admiration for his wife. He boasted that despite the years, Regina still finds him irresistible. Describing their love as wild, free, and unshaken, he recounted how he playfully asked her to marry him again, to which she responded with laughter and an enthusiastic “YES!” The senator also addressed critics of polygamy, stating that a good man,…

27 Mar

NPP MP Files Suit Against AG Over Chief Justice Removal Process

CUD Wontumi0 CommentsNewsChief Justice Removal

The immediate past Attorney General, Godfred Yeboah Dame, has filed a lawsuit on behalf of Vincent Ekow Assafuah, Member of Parliament for Old Tafo, against the Attorney-General at the Supreme Court. The suit challenges the procedural legality of President John Mahama’s actions regarding the potential removal of the Chief Justice. Assafuah, acting as a concerned citizen under Article 2(1)(b) of the 1992 Constitution, is seeking several declarations from the Supreme Court, invoking its original jurisdiction to interpret constitutional provisions governing the removal of a Chief Justice. The lawsuit argues that the President must notify the Chief Justice and obtain their…

27 Mar

Man City And Chelsea Could Earn £97M At Club World Cup

CUD Wontumi0 CommentsSportsCHELSEA, Man City, World cup

Manchester City and Chelsea could earn up to £97m in prize money from this year’s Club World Cup. The overall prize fund, shared between all 32 teams based on different factors, will be £775m, with £407m divided between all participating clubs and £368m awarded on a performance-related basis. By comparison, last season’s prize money in the Premier League ranged from £175.9m for winners City to the £109.7m earned by bottom-placed Sheffield United. Money awarded for participation is weighted by a ranking based on sporting and commercial criteria, meaning European clubs will earn more for taking part than teams from other continents. The…