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Sat
28
Mar

Jordan Opoku denies Ahmed Toure dispute

Asante Kotoko midfielder Jordan Opoku has spoken for the first time on a reported frosty relationship between him and striker Ahmed Toure by claiming such reports were cocked up.

The highly respected midfielder was accused of not passing the Ivorian hit-man due to his astronomical wages.

Kotoko struggled to win games and went seven without a win in that difficult period with coach Mas-Ud Dramani paying the ultimate price for an uninspiring start to the domestic season.

But midfield power house Jordan Opoku says those claims were carefully engineered due to the difficult period the team was enduring.

“They are part of the game and I read them and laugh because it was a difficult time for the club and people wanted to find reasons for that,” Opoku told Citi FM

“I have never had a problem with Ahmed and we all were suffering due to the state of the club.

Sat
28
Mar

Gov't secures Parliamentary approval to issue $1bn Eurobond

Government has secured the green light from Parliament to go ahead with the processes to issue a 1 billion dollar Eurobond from second quarter of this year.

Government is hoping to use proceeds of the bond to finance debts that are maturing and finance projects outlined in the budget.

James Avedzi, Chair of Parliament's Finance Committee, told Joy Business the Committee would demand from the Finance Minister how the bond would be disbursed, so that it can also “report to Parliament that this is how the Eurobond was disbursed or used”.

He also said the Finance Ministry would be impressed upon to publish the list of items financed by the Eurobond to clear any doubt.

Meanwhile, government is likely to settle on Barclays, Stanchart and Duetsche bank as transaction advisors for the Eurobond.

Mon
23
Mar

Intercity STC to name buses after national heroes

The management of Intercity STC has initiated moves to name all its buses after national heroes including past presidents and traditional leaders.

The State Transport Company has already re-named the first two buses provided by Focus Four Limited, one of two private transport companies it is currently partnering to revamp its operations. The buses have been named after Dr. Kwame Nkrumah and former President Rawlings. The company is planning to replicate this with about 140 more buses it is expecting in the coming months.

In an exclusive interview with JOY NEWS, the Managing Director, Samuel Nuamah Donkor emphasized, it is part of initiatives to revamp the company’s operations. “The next bus is going to go to President Kufuor and the next one, to J.E.A Mills. We will have the rest after the current President, the wives of past and sitting president and also the various regions and traditional authorities.

Sun
22
Mar

FIFA to pay clubs compensation for 2018, 2022 World Cups

FIFA have confirmed that they will distribute £142m to clubs for the release of players during 2018 and 2022 World Cups.

It has been announced that the 2022 World Cup in Qatar will be held during November and December, with the final played on December 18.

The dates would cause havoc with domestic European leagues, and it was initially announced that no compensation would be paid.

However, FIFA have now confirmed that they will compensate clubs for release of their players and are willing to pay out a total of £142m.

"A total of $209 million (£142m) will be distributed among the clubs releasing players to the participating teams in the 2018 FIFA World Cup (in Russia)," FIFA said in a statement.

"The same amount has been agreed for the 22nd edition to be staged in Qatar in 2022."

Sun
22
Mar

Recruitment Scam: Police investigations indicts COP Timbillah

The special task force set up by the Inspector General of Police (IGP) to investigate the recent police recruitment fraud has indicted senior officer COP Patrick Timbillah for his role in the scam.

Two other police personnel and 11 civilians have been found culpable in the scam.

The police say a docket on them is being prepared for onward release to the Attorney General’s Department for advice.

Director of Police Public Affairs, Supt. Cephas Arthur tells Joy News the taskforce’s report has been handed over to the Police Council for action.

“In all, 14 people including three police officers have been investigated in the [recruitment] fraud. So these are the people whose docket is being prepared for court.”

Fri
20
Mar

Mahama not father of Nadia Buari’s twins – Sidiku Buari

Alhaji Sidiku Buari, step-father of Ghanaian actress Nadia Buari is angry with some media persons for speculating false stories that President John Mahama is the father of her twins.

Mr Buari has expressed disappointment about a report that Nadia has granted an interview disclosing that the president is the father of her twins she delivered last month.

The delivery of the twins – both girls – has become the major topic of discussion in the Ghanaian media with many asking who their father is.

There were reports that Jim Iyke, who was famously linked to the actress, is not the father of the twins.

Instead, some media reports linked the president to the new twins.

Speaking in an interview with Hitz Entertainment News, Alhaji Sidiku Buari, who is a former President of the Musicians Union of Ghana (MUSIGA), discredited the report saying they are fabrications.

Fri
20
Mar

Microfinance companies to be hit by mergers and acquisitions

Ghana’s microfinance industry is expected to be hit by mergers and acquisitions as the regulator demands recapitalization of companies in the sector.

The Bank of Ghana wants microfinance firms to increase their capitalization from the current Gh100,000 to Gh250,000 by June 2015 – this should further go up to Gh500,000 or more in 2016.

There are concerns some companies may be challenged in meeting the requirement and the deadline.

Businesses operating in the sector would have to explore available options if they are to survive.

The Ghana Association of Microfinance Companies (GAMC) says there are arrangements to engage the regulator in managing the process.

National Chairman, Collins Amponsah Mensah however acknowledged the directive would help build stronger institutions, whilst instilling discipline and sanity in the industry.

According to him, members are encouraged to open up for mergers and acquisitions.

Fri
20
Mar

Lack of gas pipelines could jeopardize gas production

When Ghana Gas begins production at full capacity in April, thermal plants at Takoradi in the Western region will get more than they can ever utilize, while plants at Tema, in the Greater Accra Region will not be able to sniff a whiff of energy-producing gas.

It is because there will be no gas pipeline capable of transporting gas from the Takoradi base of the Jubilee oil fields to thermal plants in the south of Accra.

In the end, about 46million scf of gas will go waste while consumers struggle to deal with a debilitating power crisis.

Ghana Gas Company and the Petroleum Ministry revealed that from 1st April, the full production capacity of Ghana Gas – 150million scf will be available.

But even in Takoradi, where the gas will heading, not all the plants there will be ready.

Thu
12
Mar

Tic Tac receives award for contributing to hiplife

Musicians Union of Ghana, (MUSIGA) last Friday bestowed on artise "Tic Tac", a Hiplife Honours award for his immense contribution to the genre over the years.

The event took place on at the National Theatre during the MUSIGA Ghana Music Honours, as part of series of programmes to commemorate the Ghana Music Week Festival.

The initiative by the union was to show reverence to musicians and other industry players who have contributed immensely to the Ghanaian Music Industry and are still relevant in their field of endeavour.

It consisted of 21 awards; with 15 meritorious honours by the Industry, and six masses choice determined by the public.

At the end of it all, Tic Tac was given the coveted Hiplife Honours for single-handedly exporting Ghana music to Europe, and other continents while remaining relevant in Ghana music.

Tic Tac on receiving the award thanked lovers of Ghanaian music for their support for the Industry.

Wed
04
Mar

Apart from music, I am also very good in bed - David

Multiple award winning Nigerian musician, David Adedeji Adeleke, better known by his stage name as Davido says he is just as good in bed as he is on stage.

One of Africa’s biggest music acts, whose successes are the envy of many says not only does he enjoy lovemaking, he is equally good at it.

The 22-year-old Aye hit singer made the revelation while answering a question from a fan on twitter.

“If I may ask wat else is @iam_Davido talented wit apart frm music??” the fan asked.

Davido swiftly answered “Lovemaking”.

The ‘Skelewu’ hit singer, till date, is not known to be in a relationship even though he was once linked to Habiba Sinare, 2014 winner of Miss Supranational Ghana pageant.

Another fan, who clearly was not satisfied with the revelation, decided to probe further. She wanted to know if no female has been able to defeat him in bed.

“like seriously love making..u never jam babe wey go make u run[?]”, she asked.

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