Author Archives: larryehu

How D-Flex suffered in the hands of KK Fosu

Having attributed his success to God Almighty and KK Fosu, D-Flex has recounted how his mentor KK schooled him to be who he is today. Happy FM’s DJ Advicer hosted him on his Ayekoo After Drive Show and this is what he had to say about his journey with KK Fosu, “I struggled a lot before meeting KK, I swept ...

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I have reunited with Shatta Wale – Shatta Michy

1st lady of the Shatta Movement Family(SMF), Shatta Michy has revealed the status of her relationship with the President of the SM empire Shatta Wale. It would be recalled that the lovebirds and leaders of the SM Empire washed their dirty linen online after they accused each other of abuse. They separated afterward and Michy in several posts gave clues ...

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I’ve never accused Stonebwoy of killing his mother – Shatta Wale

The boss of the Shatta movement, Charles Nii Armah Mensah who is popularly known as Shatta Wale has denied categorically ever accusing Stonebwoy of killing his own mother. Shatta Wale, who is currently ‘fighting’ hard to get the needed hype and buzz for his upcoming ‘Reign’ Album after Supa took it away, in an interview monitored by Zionfelix.net on ‘Abusua ...

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Economic Fundamentals: Ghana’s Ratings Hit ‘B’

The global and international credit ratings agency, Standards and Poor’s (S&P) has upgraded Ghana’s credit score from ‘B’ minus to ‘B’ with a stable outlook. At the same time, they have revised Ghana’s transfer and convertibility (T&C) assessment to ‘B+’ from ‘B’. In its latest release on the credit ratings of Ghana, S&P Global indicated that “the upgrade reflects our ...

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Facebook beats Twitter at fighting fake news, a new study found

Reality has had a tough year. When the president of the United States is denying that thousands of Americans died in a hurricane, journalists face an uphill battle. That battle has been particularly fraught on social networks, where malicious actors have spent the past several years peddling hoaxes and sowing division. But today I bring you at least one reason ...

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Seven state institutions crushing Menzgold

The seventh state institution; the Securities and Exchange Commission (SEC), has finally succeeded in temporally shutting down the Ghanaian gold dealership company, Menzgold, effective yesterday, September 13, 2018, with the fate of over One Thousand Two hundred workers of the company at stake. Strangely, the SEC a year ago, in a public statement dated September 22, 2017, had said it ...

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Bright Simons writes: Is Menzgold a Financial Innovator?

When the Menzgold issues started to garner public traction, not many people thought it was interesting enough to spend any time analysing them. A few of us, on the other hand, found the whole affair mesmerising. In our various comments on the subject, we warned against two extremes: Overbearing regulations and omnipotent regulators whose arbitrary, mission-creeping, and cookie-cutter approach to ...

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GETFund gets $500m to expand infrastructure in schools

President Akufo-Addo says the Ghana Education Trust Fund (GETFund) has secured a 500 million dollar facility boost infrastructure at the various schools in the country. According to him, the amount will be used to build new facilities, expand and renovate existing ones. “The Ghana Education Trust Fund has secured a $500 million facility for the construction of new schools and ...

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