CUD Wontumi, Author at Wontumi Online

14 Jan

Fuel Supply, Financial Challenges Top Priorities For Energy Sector – John Jinapor

CUD WontumiBusinessEnergy Ministry

Energy Minister-designate, John Jinapor, has identified fuel supply and financial stability as the most pressing challenges confronting Ghana’s energy sector. Speaking during his vetting before Parliament’s Appointments Committee on Monday, January 13, Mr Jinapor outlined strategic measures to address these issues and ensure the resilience of the country’s power infrastructure. According to him, a significant fuel supply gap of 40 to 60 million standard cubic feet per day (mmcf/d), even with contributions from ENI, Jubilee, TEN fields, and Nigeria Gas (N-Gas). This deficit has forced reliance on alternative fuel sources, including light crude oil, heavy fuel oil, and distillate fuel oil,…

14 Jan

Gold, Cocoa Prices To Surge In 2025, But Crude Oil To Tumble – Report

CUD WontumiBusinesscocoa price, Oil price

Gold and cocoa prices are expected to perform strongly in 2025, while that of Brent crude will tumble. This would driven by geopolitical tensions, potential US Fed interest rate cuts, and supply shortfalls. According to Databank Research, gold prices may reach US$2,600-US$3,100, while cocoa prices could rise between US$7,000 and US$9,600. “We expect gold prices to trade higher in 2025, ranging from US$2600-US$3100 on the prolonged effect of geopolitical tension. We are optimistic about a recovery in gold prices throughout 2025 as geopolitical uncertainties are likely to drive safe-haven demand. Additionally, we foresee further interest rate cuts by the US…

14 Jan

Maybe I Should Have Made Summer Signings – Guardiola

CUD WontumiSportsGuardiola

Manchester City boss Pep Guardiola says he may have made a mistake by telling the club to scrap plans to buy players last summer. City are expected to dip into the transfer market this month in an effort to stop their season spiralling out of control. They have not made a significant signing in January since the arrival of Aymeric Laporte for £57m from Athletic Bilbao in 2018. Lens defender Abdukodir Khusanov is on the brink of completing a £33.6m move after City agreed a fee for the Uzbekistan international. Guardiola is also hoping to bring in Eintracht Frankfurt forward…

14 Jan

Chelsea Make Enquiry For Teenage Bayern Winger Tel

CUD WontumiSportsCHELSEA

Chelsea have made an enquiry to sign Bayern Munich winger Mathys Tel amid interest from the German side in their forward Christopher Nkunku. The Blues, who first expressed an interest in Tel in the summer, have told Bayern they are willing to make an offer for the 19-year-old should he become available. However, they have not offered Nkunku in a swap deal despite knowing that Bayern have had a longstanding interest in the 27-year-old France international, who joined Chelsea from German club RB Leipzig for £50m in 2023. It isn’t known how likely Chelsea’s approach is to succeed given Tel…

14 Jan

West Ham Boss Praises Mohammed Kudus

CUD WontumiSportskudus, West Ham

West Ham United head coach Graham Potter has heaped praises on Ghana international Mohammed Kudus, highlighting his ability to create opportunities for the team. Speaking ahead of West Ham’s Premier League showdown against Fulham at the London Olympic Stadium, with kick-off set for 19:00 GMT, Potter emphasized Kudus’ versatility and attacking qualities. The former Chelsea and Brighton manager referenced Kudus’ performance in the recent FA Cup defeat to Aston Villa at Villa Park, acknowledging the need for adaptability in challenging circumstances. “Sometimes in these situations [with several absences in one position], you have to be creative,” Potter said. “You have…

14 Jan

FA Cup: It Was A Tough Game – Hearts Of Oak Coach Reacts To Win Over Home Stars

CUD WontumiSportsFA Cup

Hearts of Oak coach, Aboubakar Ouattara, acknowledged the resilience of lower-division side Home Stars despite his team’s comfortable win in the Round of 32 of the 2024/25 MTN FA Cup. The Ghana Premier League side hosted Home Stars at the University of Ghana Sports Stadium, where the first half ended in a goalless draw. However, Hearts of Oak delivered an impressive performance in the second half, scoring three goals to secure their place in the Round of 16. Speaking after the match, the Ivorian manager reflected on the tough start. “All the games in the world are difficult. Today we…

13 Jan

Nsoatreman FC Will Improve In The Second Half Of The Season – Yaw Preko

CUD WontumiSportsYaw Preko

Nsoatreman FC Head Coach Yaw Preko Confident of Improved Performance in Second Half of 2024/25 Ghana Premier League Nsoatreman FC head coach, Yaw Preko, is confident in his team’s ability to improve their performance in the second half of the ongoing 2024/25 Ghana Premier League campaign. Currently, the Twumasikrom-based club sits in 15th place on the league table, with 15 points from 16 matches. They have managed three wins, six draws, and seven losses so far this season. Despite the team’s struggles, Preko remains optimistic. He revealed that the club has made new signings to strengthen the squad and address…

13 Jan

Don’t Be Scared; We Won’t Default On Our Debt Obligations – Ato Forson To Akufo-Addo

CUD WontumiBusinessNana Akufo-Addo

The Finance Minister-designate, Dr. Cassiel Ato Forson, has assured former President Nana Akufo-Addo and the people of Ghana that the country will not default on its debt obligations under his leadership. Speaking before the Appointments Committee of Parliament on Monday, January 13, Dr. Forson addressed concerns raised by the former President during his final State of the Nation Address. In his address on January 3, 2025, Nana Akufo-Addo emphasised the critical importance of maintaining Ghana’s financial commitments, urging the incoming Finance Minister to prioritise the nation’s debt repayments. He also announced that his government had made a payment of $346…

13 Jan

Free SHS Will Continue Uninterrupted – Finance Minister-Designate Assures

CUD WontumiNewsfree shs

Finance Minister-designate, Dr. Cassiel Ato Forson, has assured Ghanaians that the Free Senior High School (SHS) policy is here to stay, reaffirming his party’s commitment to the initiative. Speaking before the Appointments Committee of Parliament on Monday, January 13, Dr. Forson stated that the policy would continue under the new government. “My party’s position on Free SHS has been well articulated by President Mahama. In fact, the President of the Republic of Ghana has said it. You have the assurance from him, and I am only a servant. Who am I to say otherwise?” Dr. Forson remarked, reinforcing the government’s…

13 Jan

Americans Gauff & Pegula Dedicate Wins To LA

CUD WontumiSportsCoco Gauff, Jessica Pegula

Americans Coco Gauff and Jessica Pegula dedicated their Australian Open first-round wins to Los Angeles and the firefighters who have been tackling the devastating wildfires. Third seed Gauff, one of the favourites for the title in Melbourne, beat compatriot and 2020 champion Sofia Kenin 6-3 6-3. Gauff wrote “stay strong LA, thank you firefighters” on the camera lens after her victory. She and Taylor Fritz have previously donated to a charity effort to help those affected. Seventh seed Pegula wrote “LA” and drew a love heart on the lens after her dominant 6-3 6-0 victory over Australian wildcard Maya Joint.…