Author Archives: larryehu

NPP machomen disrupt press conference at Yilo Krobo

A group of machomen believed to be members of the ruling New Patriotic Party on Sunday disrupted a planned press conference by a group calling itself concern Patriots of Yilo Krobo over the appointment of a Municipal Chief Executive for the area. The musclemen stormed the Nkrukan office of the NPP where the conference was scheduled, compelling the organisers to ...

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Nunoo Mensah donates to GOC Secretariat

President of the Ghana Olympic Committee (GOC), Ben Nunoo Mensah has presented a brand new motorbike worth GH₵3,600 to his outfit’s Secretariat. The motorbike was received on behalf of the GOC by the Treasurer, Frederick Otu Lartey. According to the President, the donation was aimed at facilitating movements and running of administrative duties of the GOC’s messenger on daily basis. ...

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$2.25bn bond row will scare away investors – Andani

The president of the Ghana Bankers Association Alhassan Andani has warned that the controversies surrounding the 15-year domestic bonds issued recently by the government could spell doom for the economy. The minority at a press conference Tuesday April 18, 2017 accused Mr. Ofori-Atta [the Finance Minister] of conflict of interest in the issuance of the $2.25 billion domestic bond, arguing ...

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UMB Records Impressive Results

John Awuah, CEO, UMB UMB has posted an after-tax profit of GH¢20.4million for the 2016 financial year, representing an impressive 455 percent increase in after tax profit. The bank also recorded a 57 percent increase in customers’ deposits and a 97 percent increase in total assets. Commenting on the bank’s excellent financial results, Chief Executive Officer (CEO) of UMB, John ...

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Inter Allies suspends coach Prince Owusu

Inter Allies have suspended head Coach Prince Owusu for one official match due to negative rhetoric he directed towards Management of the Club during the league match against Ashantigold at the El Wak Stadium on Sunday. Assistant Coach Wilson Asare is hereby directed to Head the Technical Team in the MTN FA Cup R64 match against Liberty Professionals on Saturday ...

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Stop personalizing US$2.25bn bond debate – Minority to MoF

The Minority in Parliament has slammed the Ministry of Finance for personalizing the debate over the controversial US$2.25 billion bond. Government issued 15 and 7-year bonds with a coupon rate of 19.75%, raising a total amount of USD1.13 billion. The Finance Ministry additionally raised cedi equivalent of USD1.12 billion in five and 10-year bonds through a tap arrangement. Former deputy ...

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Europa League: Manchester United draw Celta Vigo in semi-final

Only two games separate Jose Mourinho’s men from the competition decider in Sweden, but the Spanish side stand in their way Manchester United have drawn Celta Vigo and Ajax have drawn Lyon in the Europa League semi-finals. Jose Mourinho’s men battled past Anderlecht in extra-time thanks to a winner from young striker Marcus Rashford on Thursday, winning 3-2 on aggregate. ...

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