Senegalese-American singer Akon has denied claims in a suit by a former business partner that the futuristic city he is building in his country Senegal could be a Ponzi scheme, Vibe reports. A legal document by Devyne Stephens, who has worked with Akon and other celebrities like Jay-Z and Destiny’s …
Read More »Jomoro MP rolls out scholarship scheme for SHS students
Dorcas Afo-Toffey, the Member of Parliament for Jomoro on Tuesday, March 8, 2022 engaged heads of Junior High Schools in the constituency on a scholarship scheme she is about to introduce. Dorcas Afo-Toffey in the meeting which had 94 headteachers present, explained the purpose of the scholarship. She also outlined …
Read More »FDA launches scheme to regulate street food vending
The Central Regional Office of the Food and Drugs Authority (FDA) has launched ‘Street Food Vending Permit (SFVP) Scheme’ to regulate the activities of street food vendors in a bid to protect public health and safety. The scheme, which takes effect immediately, is aimed at ensuring food sold on the …
Read More »Do not fall into the trap of Ponzi scheme operators
We have all been taught various words of wisdom…” Money doesn’t grow on trees” and “Look after the pennies, the pounds will look after themselves” and so on. Thus, there is much significance attributed to the skill in keeping our money safe. As Robert Kiyosaki and Sharon Lechter lay out …
Read More »Akufo-Addo launches cocoa farmers’ pension scheme
President Nana Addo Dankwa Akufo-Addo on Tuesday, 1 December 2020, launched a pension scheme for the country’s 1.5 million cocoa farmers. According to President Akufo-Addo, “the pension scheme will enable cocoa farmers to make voluntary contributions towards their retirement, while COCOBOD makes a supplementary contribution on behalf of the farmers …
Read More »Ivory Coast, Ghana cancel cocoa sustainability schemes run by Hershey
Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolate maker of trying to avoid paying a cocoa premium aimed at combating farmer poverty. In a letter addressed to Hershey and seen by Reuters, the Ivorian and Ghanaian cocoa regulators …
Read More »Dr Kwame Fordjour Launches Another Award Scheme
The man who took Ghana by storm with the organisation of the fake UN awards, Dr. Kwame Fordjour is set to launch another award. The new award scheme will honour deserving football teams, coaches, soccer players and football administrators in the country. A flyer spotted on social media indicates that …
Read More »Government can do little about ‘Ponzi Scheme’ locked up investments – Ken Ofori Atta
Finance Minister Ken Ofori Atta says government can only do little about investments locked up in financial institutions that promise unrealistic returns over a short period of time. According to him, any organisation that promise a fixed return at the end of the month should be taken a second look …
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