Tag Archives: million

FULL DOCUMENT: Martha Ankomah ‘slaps’ LilWin with GH¢5 million lawsuit

Actress Martha Ankomah has filed a lawsuit against Kumawood actor Kwadwo Nkansah, popularly known as LilWin. This action was taken in response to LilWin’s recent attacks on the actress for showing reluctance and declining an offer to work with Kumawood, among other issues. About a week ago, LilWin condemned Martha’s …

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IMF approves second tranche of $600 million for Ghana as economic support

The International Monetary Fund (IMF) has granted its approval for Ghana to receive an additional $600 million in the second tranche of a $3 billion, 36-month Extended Credit Facility (ECF) Arrangement. The announcement, made in a statement on Friday, January 19, 2024, signifies the successful completion of the First review, …

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Education Minister fingered in US$1.2 million training corruption scandal

Education Minister fingered in US$1.2 million training corruption scandal In 2022, Dr. Yaw Osei Adutwum, the Minister of Education, was implicated in an alleged World Bank training scheme for teachers, purportedly costing $1.2 million. The World Bank initiated investigations into the claimed teacher training and formally contacted Prof. Kwasi Opoku …

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Accra High Court grants NAM1 fresh GH¢500 million bail

An Accra High Court has granted a fresh bail to Nana Appiah Mensah (NAM1), the Chief Executive Officer of defunct gold dealership, Menzgold. It follows the start of fresh proceedings on the case brought against him by the Attorney General in August 2023. According to a 3news.com report, following reports of attempts to …

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ECG owes us $658 million – Bui Power Authority

The debt owed Bui Power Authority (BPA) by the Electricity Company of Ghana (ECG) has shot up astronomically from $612million to $658 million, Chief Executive Officer of the power generation company, Samuel Kofi Ahiave Dzamesi has stated. He pointed out that the debt keeps increasing because BPA continues to generate …

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$1 million, Rolex watch and private jet: Samuel Inkoom reveals benefits from Dnipro deal

Former Black Stars defender, Samuel Inkoom, has revealed that he was rewarded $1 million, a Rolex watch, and a ride in a private jet after completing his transfer to Dnipro in 2011. The former Asante Kotoko right-back revealed that the money and the watch was his signing-on fee. He revealed …

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Top 10 busiest Airports in Africa as continent’s travellers hit 178.6 million in 2022

In 2022, no fewer than 7 billion air passengers passed through the 41,700 commercial airports worldwide. The figure increased by 53. 5% when compared to the same period in 2021. The figure, which was released by Airports Council International (ACI) also said that a total of 178,662,326 air travellers passed …

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New BoG office valued at $121 million as of 2020 – Governor Addison

The Governor of the Bank of Ghana, Ernest Addison, has explained the issues surrounding the building of a new head office. According to him, after various stages of evaluation and submission of the contract details the value of the contract approved by the Public Procurement Authority is $121,078,517.94. At a press briefing …

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The richest woman in Ghana with a net worth of $720 million

Until recently, when the West African country experienced some economic downturns, Ghana has been touted as one of the fastest-growing economies in Africa. The country has also been recommended as a safe hub for business and investments. There are over 100 multimillionaires in Ghana, some of whom have never been …

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SSNIT retrieves GH₵132 million from employers through court action

The Social Security National Insurance Trust (SSNIT) says it has retrieved 132 million Ghana Cedis from 2,272 cases filed at the law court within the first half of 2023. The cases were related to employers who failed to honour statutory social security obligations on behalf of their employees. The Director-General …

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