Wontumi1

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Academic Goal Achieved, Abigail Kwarteng Turns Focus On Paris Olympics
15 May

Academic Goal Achieved, Abigail Kwarteng Turns Focus On Paris Olympics

Wontumi1Sports,
United States (US)-based Ghanaian athlete, Abigail Kwarteng, has set her eyes on participating in next year’s Olympic Games in Paris and says she is working hard to fulfil her next sporting goal after completing her academic pursuit at Middle Tennessee State University (MTSU). Last week, Kwarteng capped off her experience at the university by earning a Master’s degree in Public Health and said her next goal was to compete for Ghana in the high jump event at the 2024 Summer Olympics. For the long jump women’s national record holder, participating in the Olympics is every athlete’s dream and has, therefore,…
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Arsenal Lose To Brighton To Leave Man City On Brink
15 May

Arsenal Lose To Brighton To Leave Man City On Brink

Wontumi1Sports,
Arsenal’s fading title hopes were dealt a devastating blow after losing to Brighton to leave leaders Manchester City one win from a fifth Premier League title in six seasons. The Gunners needed to respond after City’s 3-0 win over Everton earlier on Sunday left Mikel Arteta’s side trailing by four points in the race for the title. On a deeply frustrating day for Arsenal, Leandro Trossard hit the bar against his former club while Martin Odegaard and Bukayo Saka both went close before Julio Enciso’s close-range header put Brighton ahead. Substitute Deniz Undav doubled the lead after lobbing Aaron Ramsdale in the…
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Barcelona Crowned La Liga Champions After Derby Win
15 May

Barcelona Crowned La Liga Champions After Derby Win

Wontumi1Sports,
Barcelona sealed their first La Liga title since 2018-19 with four games to spare after a stylish win at the home of city rivals Espanyol. Barca were 3-0 up by half-time, Robert Lewandowski scoring his 20th league goal of the season before Alejandro Balde, 19, doubled the lead. Lewandowski added the third before Jules Kounde’s header made it 4-0. Espanyol did reduce the deficit through Javier Puado and Joselu but remain in trouble near the bottom of the table. Barcelona have 85 points, 14 more than nearest rivals Real Madrid, with 12 points left to play for. Barcelona have won…
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MTN FA Cup: King Faisal To Face Dreams FC In Final
15 May

MTN FA Cup: King Faisal To Face Dreams FC In Final

Wontumi1Sports, ,
King Faisal and Dreams FC will battle it out for the 2022/23 MTN FA Cup title after the two booked their places in the final over the weekend. Dreams were 2-1 winners over Division One League side, Skyy Football Club, on Saturday at the Dr Kwame Kyei Sports Complex. Goals from Sylvester Simba and Ali Huzaif were enough for the Premier League side despite Eric Antwi Konadu’s goal for Skyy. On Sunday, King Faisal joined the believers in the final after edging out Nsoatreman Football Club in a five-goal thriller at the same venue. Samuel Adom Antwi dashed the hopes…
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Ghana To Get First $600m From IMF After Wednesday
15 May

Ghana To Get First $600m From IMF After Wednesday

Wontumi1Business
The Minister of State at the Finance Ministry, Dr Mohammed Amin Adam Anta, has confirmed that the first tranche of $600 million will be disbursed immediately after the Executive Board of the International Monetary Fund (IMF) approves Ghana’s request for an extended credit facility (ECF). Confirming to Reuters in a phone interview on Sunday, May 14, the Karaga Member of Parliament (MP) said a second tranche of the same amount will drop by end of year with the rest disbursed in equal tranches of $360 million after semi-annual reviews. “We expect a deal on Wednesday,” the former Deputy Energy Minister is quoted…
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Exchange Rate Depreciations Contributed To Africa’s Public Debt By 10% Of GDP – IMF
15 May

Exchange Rate Depreciations Contributed To Africa’s Public Debt By 10% Of GDP – IMF

Wontumi1Business, ,
The International Monetary Fund has pointed out that exchange rate depreciations contributed to Africa’s rise in public debt by about 10 percentage points of Gross Domestic Product (GDP) on average by end-2022. According to the Fund, weaker currencies pushed up public debt, with about 40% of public debt external in Sub-Saharan Africa and over 60% of that debt in US dollars for most countries. Again, it said in an analysis on the theme “African Currencies Are Under Pressure Amid Higher-for-Longer US Interest Rates” that growth and inflation (which reduces the real value of existing debts) helped to contain the public…
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Fuel Prices To Fall Again From May 16 – IES
15 May

Fuel Prices To Fall Again From May 16 – IES

Wontumi1Business, , , ,
Prices of petrol, diesel and Liquefied Petroleum Gas (LPG) are expected to fall marginally again at the pumps from tomorrow, May 16,2023, for the next 14 days. According to the Institute for Energy Security (IES), this is on the back of a reduction in prices of finished products on the world market and the stability of the cedi. Therefore diesel, petrol and LPG are expected to sell at ¢12.30, ¢12.15 and ¢12.12 respectively. “The Institute for Energy Security (IES) monitoring of prices over the past two weeks on the Global Standard & Poor (S&P) Platts platform indicate the prices of…
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First Tranche Of IMF Cash To Hit BoG Account This Week
15 May

First Tranche Of IMF Cash To Hit BoG Account This Week

Wontumi1Business, , ,
The first tranche of International Monetary Fund (IMF) cash to support the country’s balance of payment is expected to hit the Bank of Ghana’s account this week. Joy Business is learning that the IMF Board will approve the “cash disbursement” as soon as it considers a request for Ghana’s Programme this Wednesday, May 17, 2023. Part of the first tranche will come in by Friday March 19, 2023, while the remaining should be disbursed by June 2023. Details of disbursement The transfers, Joy Business, understands would be done in two instalments; the first one coming in by Friday May 19, 2023…
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It Is A Charade And Until Ato Essien Is Jailed, I Won’t Believe You- Gordon Asare Bediako To Court
12 May

It Is A Charade And Until Ato Essien Is Jailed, I Won’t Believe You- Gordon Asare Bediako To Court

Wontumi1News, , , , ,
Accra based Broadcast Journalist from Wontumi Multimedia and editor of ABC News, Gordon Asare Bediako, says he will not believe the high court if the founder of defunct Capital bank William Ato Essien is not jailed. In an interview with Kwaku Dawuro, on Movement In The Morning, on Movement TV/Wontumi radio, Gordon stated vigorously that it has been long overdue for Ato Essien to be sentenced. According to him Ato Essien's plan b to escape serving a jail term will not succeed, and added that the court should sentence him in order to prevent further embarrassment of the government. Venting…
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Manchester City’s Erling Haaland Named Football Writers’ Footballer Of The Year
12 May

Manchester City’s Erling Haaland Named Football Writers’ Footballer Of The Year

Wontumi1Sports, ,
Manchester City forward Erling Haaland has been voted the Football Writers’ Association’s Footballer of the Year for the 2022/23 season. The Norway international has scored a remarkable 51 goals in 47 games so far in his debut season in Manchester, as City pursue a historic treble. In netting against West Ham earlier this month he reached 35 league goals – earning him the outright record for most goals in a Premier League campaign. Pep Guardiola’s side are top of the Premier League, one point ahead of Arsenal with a game in hand and four games left to play. City also…
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