news and current affairs.
Yaa Yeboah accuses King Paluta of insulting a fan at a UK charity event
Media star Yaa Yeboah blasted King Paluta for his shocking behavior at a charity event. The musician had insulted a fan during the fundraiser held across the pond. Yaa Yeboah aired her anger on the United showbiz program. She called his actions completely wrong and said he should stick to making music. Fans attend his concerts to hear songs, not to deal with his bad attitude. The media personality dared King Paluta to organize a concert back home in Tarkwa. She wanted to test whether he really has as many supporters as he believes. Yaa Yeboah reminded everyone that King Paluta works as a musician to support his family. She said he must watch how he treats people who buy tickets to his shows. His career depends on keeping fans happy and...
Agyepong tells African tycoons to overthrow politicians with Zoomlion
Dr. Joseph Siaw Agyepong from Jospong Group wants African business leaders to take control of the continent's money future. The executive chairman believes politicians already won political freedom for Africa. Business people must fight the next battle for economic freedom across the continent. Agyepong thinks entrepreneurs and investors should lead this important mission. He wants African companies to trade more with each other and break down barriers between countries. Jospong Group has spread its operations across many African nations through its main company Zoomlion. The waste management firm operates in Nigerian Lagos and Congolese Kinshasa. Workers also serve Ethiopian Addis Ababa and Burkinabe Ouagadougou. The company handles...
Ghanaians enraged as IMF installs Dr Adrian Alter in Accra
The International Monetary Fund picked a new money expert to watch over Ghana. Dr. Adrian Alter will take charge of the country's financial recovery plans starting September 2nd. He replaces Dr. Leandro Medina who finishes his three-year job next month. Ghana needs serious help fixing its broken economy after years of trouble. The timing could not be more important for the struggling nation. Dr. Alter already knows Ghana's money problems inside and out. He worked on the team handling Ghana's 3 billion dollar rescue package from the IMF. The economist spent over ten years dealing with similar crises around the world. He helped countries like Tunisia and Serbia rebuild their economies. His experience makes him perfect for Ghana's tough...
Springfield blasts Petraco oil petition as Ghana scandal swells
Springfield Exploration fights back against dirty accusations from Swiss oil trader Petraco. The Ghanaian energy company slams false claims about dodgy business deals. Media reports spread lies about criminal wrongdoing at the oil firm. Springfield bosses say these stories damage their good name. The company demands fair treatment from news outlets. Petraco filed a complaint with Ghana's Economic and Organised Crime Office about money troubles. The Swiss firm loaned Springfield fifty million dollars under a bigger deal worth one hundred million. Springfield gave Petraco a stake worth ten percent of company shares as security. Petraco grabbed the full share interest despite paying just half the promised cash. Springfield argues this...
Investors desert Ghana treasury bills for Bank of Ghana windfall
Money people have turned their backs on government treasury bills for six straight weeks. Ghana officials keep missing their cash targets as smart investors dump government bonds. The country faces serious trouble paying for basic services and worker salaries. Bank of Ghana bills have become the hot new choice among money managers. These central bank securities offer much better returns than government options. Interest rates on treasury bills crashed from thirty percent down to just fifteen percent this year. Kodzo Letsa tracks money markets and sees clear patterns emerging. Investors want the highest returns possible for their cash. Bank of Ghana securities deliver superior yields compared to government treasury bills. Smart money...
Ghana Deposit Protection Board erupts after Nyarko names new members
Deputy Finance Minister Thomas Ampem Nyarko swore in the fresh Ghana Deposit Protection Corporation board members during a ceremony. The government official told the new team their main job involves keeping ordinary people's bank money safe from financial crashes. Ampem Nyarko stressed that protecting vulnerable savers remains the top priority for this important organization. The minister wants the board to rebuild public trust after past banking problems hurt many families. He believes strong deposit protection will help Ghana's financial sector stay stable. Bank of Ghana Governor Johnson Pandit Asiama leads the new board as chairman. The team features CEO Galahad Alex Andoh and Finance Ministry representative Prosper Ayinbilla Awuni...
Thiago Silva betrays Chelsea to Fluminense before the Club World Cup
Thiago Silva spent four years defending for Chelsea before joining Fluminense last year. The Brazilian center-back made 151 appearances and helped win the Champions League during his time at Stamford Bridge. Silva jokes about being a spy but admits he will share useful information with Fluminense coaches before Tuesday's semi-final clash. The 40-year-old defender stays in contact with many Chelsea players each week through regular phone calls. Silva feels excited about facing his former teammates but wants Fluminense to advance to the final. Silva recently visited London to see his children and stopped by Chelsea's training ground during the trip. The experienced defender says he cannot reveal everything but confirms Fluminense has...
Joao Pedro blasts Chelsea past Fluminense to Club World Cup final
Joao Pedro made Chelsea fans fall head over heels during his dream debut against Fluminense. The Brazilian striker fired home a stunning curler after Thiago Silva cleared Pedro Neto's cross straight to his feet. Fluminense keeper Fabio could only watch the ball sail over his head into the top corner. Malo Gusto almost doubled the lead moments later but the veteran goalkeeper pulled off a fine save. Marc Cucurella rescued his team with a brilliant goal-line clearance to stop Hercules from leveling the score. Fluminense thought they had earned a penalty when a free kick struck Trevoh Chalobah's arm inside the box. Referee Francois Letexier initially pointed to the spot much to the delight of the Brazilian supporters. VAR stepped in and...
Desiree Ellis roars as South Africa crushes Ghana in WAFCON opener
South Africa's women crushed Ghana 2-0 during their opening match at the Women's Africa Cup of Nations tournament. The Banyana Banyana squad dominated Group C action against the Black Queens on Sunday. Coach Desiree Ellis showed respect for her opponents after the final whistle. She admitted Ghana created dangerous moments early during the contest. Ellis said her team fought hard to control the game and secure victory. The South African manager pointed out how different the match could have been if Ghana had scored first. She believed the opening fifteen minutes presented real danger for her squad. Ellis credited her players for staying focused under pressure from Ghana's attacks. The coach felt proud of how Banyana Banyana responded...
Top