Author Archives: larryehu

How a ‘Giant Ponzi Scheme’ destroyed a nation’s economy

Almost two decades of profligate monetary policy has destroyed Zimbabwe’s economy and fueled rampant inflation, decimating the savings of its people twice. Hyperinflation of as much as 500 billion percent in 2008 made savings worthless and led to the abolition of the local currency in favor of the dollar the following year. In 2016, former President Robert Mugabe’s cash-strapped government ...

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Yaw Dabo reveals how much he charges for movies

Popular Kumawood actor Yaw Dabo has revealed the amount of money he charges to appear in movies and music videos. Dabo said he charged between GH1, 000 to GH5, 000 depending on what he was required to offer. He revealed, however, that his biggest charge so far was GHC10, 000, for a music video he shot in the Volta Region ...

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Yvonne Nelson, Yvonne Okoro, Jackie Appiah to reunite after 10 years

Top actresses Jackie Appiah, Yvonne Nelson and Yvonne Okoro will be co-starring in a new movie project, almost a decade of not acting together. Yvonne Nelson announced the upcoming project last week and said “she can’t wait” for it to happen. The movie project will be coming from the stables of YN Productions, owned by Yvonne Nelson. According to her, ...

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Ghana reported to FIFA over governmental intrusion

Ghana football is facing an international ban after a former FA Executive committee member reported the country to Fifa, claiming that the government is interfering in the administration of the sport. Kojo Yankah, who doubles as Western region football chief, wrote to the world governing body on Wednesday over the Ministry of Youth and Sports’ attempt to organize a special ...

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7,423 teachers fail first licensure exams

The National Teaching Council (NTC) has released the results of the maiden teacher licensure examination. Out of the 28,757 teachers who wrote the examination, 21,297, representing 74 per cent, passed, while 7,472 failed. The results of 26 candidates have also been withheld pending the completion of Investigations into their alleged involvement to examination malpractice, while 12 have had their entire ...

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Abrogate all oil contracts under Mahama – KT Hammond

The Government has been urged to review and abrogate all oil contracts signed by former President John Mahama. According to Member of Parliament for Adansi-Asokwa and a former deputy Energy Minister, KT Hammond, the oil exploration companies have not renewed an initial three year deal they signed with the country despite their continuous lifting of oil. Mr. Hammond made this ...

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Government begins payment of GETFUND contractors

The government has started paying contractors for projects that have been executed under the GETFund. A number of contractors are said to have received their cheques after a protracted delay. The president of the Association of Building and Civil Engineering Contractors of Ghana (ABCECG), Mr. Prosper Yao Ledi, when contacted confirmed that some members of the Association have received their ...

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Ofosu Ampofo clashes with Mahama; says NDC will campaign on policies and not his boot-for-boot

Embattled National Chairman of the opposition National Democratic Congress (NDC), Samuel Ofosu Ampofo is on a collision course with the flagbearer of the party over his recent pronouncement on matching the governing party boot-for-boot, MyNewsGh.com reports. In the run-up to last Saturday’s NDC flagbearer contest which former President John Dramani Mahama emerged victorious, while addressing NDC delegates in Adaklu Constituency ...

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Jackson family say Michael’s ‘naivety was his downfall’

Four members of Michael Jackson’s family have given an interview to defend the late pop star ahead of a controversial new documentary. Speaking about Leaving Neverland on CBS, brothers Tito, Marlon and Jackie and nephew Taj Jackson rejected the film’s claims that he abused children. Taj said his uncle’s behaviour seemed odd to some, but was “very innocent”, adding: “His ...

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