Author Archives: larryehu

State enterprises to list on Ghana Stock Exchange – Asamoah Boateng

Plans have been developed to enlist some State-owned Enterprises (SOEs) under the State Interests and Governance Authority (SIGA) on the Ghana Stock Exchange (GSE) to afford Ghanaians the opportunity to own shares in these institutions, Director-General of SIGA, Stephen Asamoah Boateng has said. According to Mr Asamoah Boateng, the move is intended to create wealth for all Ghanaians. Mr Asamoah ...

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Ex-Venture Capital CEO, others begin refunding money to state

The three former officials of the Venture Capital Trust Fund who were convicted have started refunding money to the state per the arrangement with the court in order to avoid jail terms. Former CEO Daniel Duku was asked to refund over 15 million cedis. Irene Anti Mensah, Executive Assistant to the CEO, Frank Aboagye Mensah husband to the executive assistant ...

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The Normalisation Committee feels vindicated after CAS Verdict-Naa Odoforley

Member of the normalization committee Naa Odoforley Nortey says the Normalization Committee (NC) has been vindicated, following the decision of the Court of Arbitration for Sports to dismiss the petition of Wilfred Osei Kwaku popularly known as ‘Palmer’. The Tema youth owner had appealed against the decision of the GFA Normalization Committee that barred him from contesting in the 2019 ...

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TechGulf Board appoints Franklin Asare as CEO

TechGulf, a technology company based in San Francisco, CA, and Accra, Ghana, with a mandate to provide stable and secure data storage hardware and services across Africa, announced today that its Board has appointed Franklin Asare as Chief Executive Officer, effective immediately. Mr Asare will manage TechGulf’s continental operations and lead global technology partner product sales and services. In his ...

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Trump denies systemic racism in US policing

At a roundtable event in Kenosha, Wisconsin, on Tuesday, President Donald Trump answered for a pair Black pastors in the room when they were asked whether they think police violence is a systemic issue. The two pastors were James Ward and Sharon Ward, who said they were pastors for Julia Jackson, the mother of Jacob Blake. Blake, a Black man, ...

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Transfer news and rumours LIVE: Messi agrees to €700m Man City contract

Van de Beek completes Man Utd medical Donny van de Beek has completed a medical at Manchester United, according to Sky Sports. The 23-year-old is set to move to Old Trafford from Ajax, joining the Premier League club for a £40 million ($53) fee. Van de Beek had his medical while with the Netherlands national team ahead of their Nations League games against Poland and Italy. Kolasinac wants Schalke return Arsenal left-back Sead ...

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Involved Yourself in any political party of your choice to figh for development in sefwi —- Chief

Nana Elluo payin lll the chief of Sefwi Nsuonsua has called on the youth in Sefwi enclave especially the eligible voters to join any political denomination of their choice so that, they can emerged with the top leaders in politics for development of Sefwi, mostly the youth are afraid to Join politics simply because of political brutalities across the globe. ...

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You’ve fooled Kumasi residents for far too long – Agyenim Boateng to NPP

The Founder and National Chairman of the United Front Party (UFP), Nana Agyenim Boateng, aka Gyataba, who is also the leader of Concerned Youth of Ashanti has given President Akufo-Addo a week ultimatum to point out his developmental projects that his administration has embarked on the region since assuming office. Addressing a news conference yesterday, Tuesday, September 1, 2020, he ...

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Performance of Ghanaian Stocks – August 2020

The market continues to leave investors frustrated as stocks were down 18.19% YTD from the start of the year to the end of August. Financial stocks were down 16.15% over the same period. Below are how stocks performed for the month of August and for the year as a whole.   Equity August Performance YTD Intravenous Infusions (IIL) 25% 0% ...

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CAS throws out Palmer’s case against GFA

The case filed against the Ghana Football Association at the Court of Arbitration for Sport (CAS) by Wilfred Osei Kwaku popularly known as Palmer has been dismissed by the court. CAS in its September 1, 2020 ruling backed the disqualification of Mr Palmer from contesting the GFA presidential race in October last year. This means the current leadership structure at ...

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