Wontumi Online

31 Mar

Ghana Boxing Authority Confirms Tragic Death Of Nigerian Boxer; Says He Died In Hospital

CUD Wontumi0 CommentsSportsBoxing, Death, Gabriel Oluwasegun Olanrewaju, Ghana Boxing Authority

The Ghana Boxing Authority (GBA) has confirmed the tragic death of Nigerian boxer Gabriel Oluwasegun Olanrewaju, who collapsed during an international bout at the ongoing Bel 7star Energy Drink Professional Boxing League. The incident occurred during Week 15 of the league last Saturday, leaving the boxing community in shock. Olanrewaju, a light heavyweight fighter, faced Ghana’s Jon Mbanugu in an eight-round contest at the Imax Boxing Promotions event. Witnesses reported that the Nigerian boxer dominated the early rounds but suddenly leaned on the ropes in Round 3 (2 minutes 46 seconds) without receiving any punches from his opponent. Referee Richard…

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…

29 Mar

Suspected Pirates Attack Ghanaian Fishing Vessel, Capture Captain, Others

ISO Wontumi0 CommentsFeatured, News, TrendingFishing Vessel, Pirates

The Ghana Navy has launched an investigation into a suspected pirate attack on the Ghanaian-registered fishing vessel, MENGXIN 1, which occurred in Ghanaian waters on the evening of Thursday, 27 March 2025. According to a press release issued by the Ghana Armed Forces on Saturday March 29, the attack took place at approximately 5:53 PM when seven armed individuals boarded the vessel and fired warning shots. The sudden assault forced several crew members to seek refuge in a safe area on the ship. The pirates remained on board for about three hours, during which they assembled the crew on deck…

29 Mar

Parliament Passes Ghana Gold Board Bill 2025

ISO Wontumi0 CommentsFeatured, News, Trending

Despite criticism from the minority caucus, Parliament has passed the Ghana Gold Board Bill 2025, establishing the Gold Board on Friday, March 28. The Goldbod is seeking to regulate the gold industry, enhance transparency and traceability, and boost foreign exchange earnings. It will oversee the purchase, sale, and export of gold, generating revenue to stabilize the cedi. The Minority had argued that the bill promotes illegal mining activities, also known as ‘galamsey’, the house approved the bill by a majority decision. The Majority Leader Maham Ayariga, said on the floor of Parliament that “Mr. Speaker, this is a landmark legislation. And…

29 Mar

Bank of Ghana Will Soon Clean Up Specialized Deposit-Taking Institutions Sector – Dr Asiama

ISO Wontumi0 CommentsFeatured, News, Trending

The Specialized Deposit-Taking Institutions (SDIs) sector of Ghana’s financial sector needs to be cleaned up, the Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has said. Dr Asiama says that the BoG is currently in talks with the Ministry of Finance to ensure the sector is cleaned up. Answering questions during the 123rd Monetary Policy Committee (MPC) press conference in Accra on Friday March 28, Dr Asiama said “You asked about the SDIs sector, yes, there has to be a cleanup of that sector, and we are engaging the Ministry of Finance, we are having some talks with…

28 Mar

Ashanti Region “Relegated” Under NDC Government – Paul Yandoh

ISO Wontumi0 CommentsFeatured, News, TrendingAshanti Region, Mahama, NDC, paul yandoh

Ashanti Regional Communications Director of the New Patriotic Party (NPP), Paul Yandoh, has launched a scathing attack on the National Democratic Congress (NDC) government, accusing them of neglecting the Ashanti Region. Speaking on Wontumi Morning Show on Wontumi TV, Yandoh expressed disappointment and frustration over the region's treatment, citing the recent allocation of GH¢500,000 to support victims of an incident in Konongo Odumasi, compared to GH¢200 million donated to the Volta Region for tidal wave relief efforts. "This is a clear indication of the NDC's lack of interest in the welfare of the Ashanti Region. It's unacceptable that the region…

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…