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Bank of Ghana fines and suspends forex licence of Zeepay Ghana Limited

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Bank of Ghana fines and suspends forex licence of Zeepay Ghana Limited :The Bank of Ghana has fined Zeepay Ghana Limited for breaching clause 7.3(a) of the Inward Remittance Guidelines.

The clause states that the settlement bank shall “use the average interbank exchange rate published by the Ghana Association of Banks on the day the transfer is received or as prescribed by Bank of Ghana for the conversion of settlement funds into local currency”.

The Bank has also suspended the Forex Licence of Zeepay Ghana Limited from 27th November 2023 to 8th December 2023, for violation of sections 3(1) and 15 (3) of the Foreign Exchange Act, 2006 (Act 723).

This is the first time that the Bank of Ghana has taken such an action against a mobile money operator. The move is seen as a signal to the industry that the Bank is serious about cracking down on forex irregularities.

The Bank of Ghana has cautioned all forex market players, including banks, forex bureaus, forex brokers, Dedicated Electronic Money Issuers (DEMIs), Enhanced Payment Service Providers (EPSPs) and Money Transfer Operators (MTOs), to adhere strictly to the applicable forex market regulations and guidelines.

The suspension of Zeepay’s forex licence is likely to have a significant impact on the company’s business. Zeepay is one of the leading mobile money operators in Ghana, and it relies heavily on its forex licence to facilitate inward remittances.

The suspension is also likely to have a negative impact on the Ghanaian economy as a whole. Ghana is a major recipient of remittances, and Zeepay plays a significant role in channeling these remittances to the country.

The Bank of Ghana’s actions are a reminder to all forex market players that they must comply with all applicable regulations. Failure to do so could result in severe penalties, including the suspension or revocation of their forex licence.

Warner Music Group Partners with Small World Records, Founded by Ghanaian Music Entrepreneur Smallgod

Caleb Qwofi Right
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Warner Music Group Partners with Small World Records, Founded by Ghanaian Music Entrepreneur Smallgod: In a groundbreaking move that will undoubtedly shape the future of African music, Warner Music Group (WMG), a global music entertainment and record label conglomerate, has announced a groundbreaking partnership with Small World Records, a Ghanaian record label founded by the visionary music entrepreneur and culture & streetwear connoisseur Smallgod.

This synergistic collaboration aims to amplify and nurture a new generation of African musical talent, bringing their unique sounds and infectious rhythms to a global audience.

Small World Records, established by Smallgod, has emerged as a leading force in the African music scene, establishing itself as a hub for emerging and established artists. The label boasts a diverse roster of talent, representing the rich tapestry of African music, from rising stars to established hitmakers. With its global perspective and deep understanding of African sounds, Small World Records has played a pivotal role in introducing African artists to a wider audience.

A Shared Vision Drives a Powerful Partnership

The partnership between WMG and Small World Records is deeply rooted in their shared passion for promoting African music and empowering its artists. Both companies recognize the immense talent and potential that Africa holds, and they are committed to providing a platform for these voices to be heard on a global scale.

“Our mission at Small World Records is to amplify the voices of Africa and its diaspora,” stated Smallgod with unwavering conviction. “This partnership with Warner Music Group will help us achieve this mission by empowering emerging African artists, breaking boundaries, and resonating across continents.”

Nurturing and Amplifying African Talent

Under the terms of this groundbreaking partnership, WMG will provide Small World Records with unparalleled access to its global resources and expertise, encompassing distribution, marketing, and promotion. This collaborative effort will enable Small World Records to further develop its artists and bring their music to a wider audience, showcasing the captivating sounds of African music to the world.

“We are thrilled to partner with Small World Records and Smallgod, an individual who shares our passion for discovering and supporting exceptional talent,” remarked Simon Robson, President of Emerging Markets at Warner Music Group. “This partnership is a testament to our unwavering commitment to Africa and our belief in the transformative power of music to connect cultures and inspire audiences worldwide.”

A Fusion of Sounds and Styles: The First Release

The first release under this groundbreaking partnership will be a collaboration between Smallgod and Ghanaian artist Black Sherif, titled “Fallen Angel.” This highly anticipated song is expected to epitomize the fusion of sounds and styles that define the Small World Records ethos, seamlessly blending traditional African influences with contemporary urban beats, creating an electrifying soundscape that will captivate audiences worldwide.

A Significant Impact on the Global Music Landscape

With this partnership, WMG and Small World Records are poised to make a significant impact on the global music landscape. By highlighting the rich tapestry of talent that Africa has to offer, they are paving the way for a new era of African music that will undoubtedly resonate with audiences worldwide.

A Multifaceted Partnership with Far-Reaching Benefits

The partnership between WMG and Small World Records extends beyond simply nurturing and amplifying African talent. It also encompasses a multitude of benefits that will have a profound impact on the African music industry and its fans around the world:

  • Expanded Reach for African Music: This partnership will play a pivotal role in expanding the reach of African music to a wider audience, introducing new listeners to the vibrant sounds and styles that define the continent’s diverse musical landscape.
  • Empowerment of African Artists: By providing support and resources to emerging African artists, this partnership will empower them to develop their careers and achieve their full potential, elevating the African music industry to new heights.
  • New Opportunities for Collaboration: This partnership will foster a vibrant environment of collaboration, creating new opportunities for African artists to connect with artists from other parts of the world, fostering cultural exchange and innovation, enriching the global music scene.
  • Preservation of African Music and Culture: By raising awareness of African music and culture, this partnership will play a vital role in preserving these rich traditions for future generations, ensuring that the unique sounds and stories of Africa continue to resonate throughout the world.

A Bright Future for African Music

The partnership between WMG and Small World Records represents a pivotal moment in the evolution of African music. With their combined expertise, resources, and unwavering commitment to showcasing African talent, the two companies are well-positioned to make a significant impact on the global music scene, bringing the infectious rhythms and melodies of African music to a broader audience worldwide. This partnership marks the beginning of a new era for African music, one that will undoubtedly shape the future of this vibrant and dynamic art form.

Ghanaian Government Imposes Curfew in Nkwanta Township

Caleb Qwofi Right
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Ghanaian Government Imposes Curfew in Nkwanta Township : Ghanaian government has imposed a curfew on the Nkwanta Township in the Oti Region, effective from Tuesday, November 21, 2023. The curfew will last from 5:00pm to 6:00am daily.

The decision to impose the curfew was taken by the Minister for the Interior, Ambrose Dery, on the advice of the Oti Regional Security Council. The curfew is intended to help restore calm and order to the township, which has been experiencing some unrest in recent times.

In a press release, the Ministry of the Interior appealed to all residents of Nkwanta Township and its environs to comply with the curfew and to cooperate with the security services. The ministry also reminded residents that there is a ban on all persons in the township from carrying arms, ammunition or any offensive weapons.

Residents Express Concern About Curfew

Some residents of Nkwanta Township have expressed concern about the curfew. They say that the curfew will make it difficult for them to go about their daily lives.

One resident, who spoke to Citi News on condition of anonymity, said that the curfew will make it difficult for him to go to work. He said that he starts work at 6:00am and that the curfew will make it impossible for him to get to work on time.

Another resident, who also spoke to Citi News on condition of anonymity, said that the curfew is an infringement on their rights. She said that they have the right to move freely and that the curfew is restricting their movement.

The government has said that it understands the concerns of the residents of Nkwanta Township. However, the government has said that the curfew is necessary to ensure the safety and security of the townsh

The curfew in Nkwanta Township is a temporary measure that has been put in place to restore calm and order to the township. The government has said that the curfew will be lifted as soon as the situation in the township has stabilized.

Sunyani Teaching Hospital: A Beacon of Hope for Healthcare in the Bono Region

Caleb Qwofi Right
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In a landmark development for the Bono Region, the Sunyani Regional Hospital has been officially designated as a teaching hospital. This momentous occasion marks a significant step forward in enhancing healthcare provisions and advancing medical education in the region. The transformation into a teaching hospital is expected to bring about a multitude of benefits, including:

Elevated Healthcare Standards: The establishment of a teaching hospital will undoubtedly elevate the quality of healthcare services offered in the Bono Region. With the presence of medical students and experienced faculty, the hospital will become a hub for advanced medical practices and expertise. This will result in improved patient care, reduced referral rates to other regions, and enhanced overall health outcomes for the residents of Bono.

Medical Education Hub: The conversion to a teaching hospital will pave the way for the establishment of a medical school at the University of Energy and Natural Resources (UENR). This will not only address the nation’s growing demand for medical professionals but also foster a culture of academic excellence and innovation within the region.

Economic Stimulation and Job Creation: The presence of a teaching hospital will serve as a catalyst for economic growth in the Bono Region. The influx of medical professionals, students, and their families will create a vibrant community and stimulate local businesses. Additionally, the hospital will provide employment opportunities for a diverse range of healthcare providers and support staff.

Regional Advancement: The designation of Sunyani Teaching Hospital symbolizes the Bono Region’s commitment to progress and development. This landmark achievement will undoubtedly enhance the region’s reputation as a hub of quality healthcare and medical education, attracting further investments and opportunities.

The official recognition of Sunyani Teaching Hospital marks the dawn of a new era for healthcare in the Bono Region. With its commitment to excellence, innovation, and patient-centered care, the hospital is poised to become a beacon of hope and a catalyst for advancements in medical education and healthcare services.

Isaac Dogboe Loses to Nick Ball in Featherweight Title Eliminator

Caleb Qwofi Right
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Isaac Dogboe Loses to Nick Ball :Dogboe of Ghana suffered a setback in his quest to reclaim a world title, losing to British boxer Nick Ball in a unanimous decision on Saturday night in Manchester, England.

Ball, who remained unbeaten, retained his WBC silver featherweight title and earned a shot at the full WBC crown with a dominant performance.

The scores were 118-109, 119-108, and 116-111, all in favor of Ball.

Dogboe, a former WBO junior featherweight champion, started the fight strong but was gradually broken down by Ball’s constant pressure and heavy body punches.

Dogboe showed heart and toughness throughout the fight, but he was simply outmatched by the younger and stronger Ball.

“I’m absolutely over the moon,” Ball said after the fight. “I knew it was going to be a tough fight, but I trained hard and I knew I had it in me to win.”

“I’m just disappointed,” Dogboe said. “I gave it my all, but it wasn’t enough. I’ll be back stronger.”

The loss is a major setback for Dogboe, who was hoping to use this fight as a springboard to another world title run.

However, he still has time to turn things around and he is a talented fighter with a lot of heart.

Ball, on the other hand, is now in line for a shot at the WBC featherweight title, which is currently held by Rey Vargas.

Vargas is a formidable opponent, but Ball has proven that he is a force to be reckoned with in the featherweight division.

Mortal Remains of Ghanaian Footballer Raphael Dwamena Arrive in Ghana

Caleb Qwofi Right
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Mortal Remains of Ghanaian Footballer Raphael Dwamena Arrive in Ghana:The mortal remains of Ghanaian professional footballer Raphael Dwamena arrived in Ghana yesterday evening, bringing a somber conclusion to the tragic incident that occurred earlier this month. Dwamena, 28, collapsed on the football pitch in Albania while playing for his club KF Egnatia and was later pronounced dead at the hospital.

The arrival of Dwamena’s remains was met with a solemn reception at the Kotoka International Airport, as family members, friends gathered to pay their respects. The atmosphere was heavy with grief as the casket was draped in the Ghanaian flag, a poignant reminder of the nation’s loss.

Dwamena was a promising young footballer who had represented Ghana at the international level, earning nine caps for the Black Stars. His passing has sent shockwaves through the Ghanaian football community, and tributes have poured in from across the country.

“Raphael was a talented and passionate footballer who had a bright future ahead of him,” said Ghana Football Association (GFA) President Kurt Okraku. “His untimely passing is a huge loss for Ghana football, and our thoughts and prayers are with his family at this difficult time.”

Dwamena’s funeral arrangements are yet to be announced, but it is expected to be a large and well-attended affair, reflecting the impact he had on the lives of many. His legacy will live on in the hearts of those who knew and loved him, and he will be remembered as a gifted athlete and a remarkable young man.

Chickenman Pizzaman: A Testimony to Humble Beginnings

Caleb Qwofi Right
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Chickenman Pizzaman: A Testimony to Humble Beginnings: the realm of fast food, Chickenman Pizzaman stands as a testament to the power of perseverance and the unwavering belief in one’s dreams. Founded in Kumasi, Ghana, in 2018, the company has swiftly ascended to become one of the nation’s most beloved fast-food chains, boasting over 50 branches across two major cities.

Behind the company’s meteoric rise lies a story as inspiring as it is unconventional. Contrary to the grandiose tales of venture capitalism and overnight success that often characterize the fast-food industry, Chickenman Pizzaman’s origins trace back to a humble study table and a shared passion for pizza and chicken.

Christian Boakye-Yiadom and Ebenezer Essuman-Amankawah, the visionary minds behind Chickenman Pizzaman, were university students when they embarked on their culinary adventure. Armed with a borrowed study table, a deep-seated love for food, and an unwavering belief in their abilities, they began experimenting with pizza recipes in their dormitory room.

Their late-night endeavors, fueled by the aroma of freshly baked dough and the tantalizing sizzle of chicken, soon caught the attention of their fellow students. Word of their culinary creations spread like wildfire, and before long, their dorm room became a bustling hub of pizza and chicken enthusiasts.

Recognizing the potential of their newfound popularity, Christian and Ebenezer decided to take their passion beyond the confines of their dorm room. They rented a small space and transformed it into a makeshift kitchen, where they continued to hone their culinary skills and expand their menu.

Their dedication and unwavering commitment to quality soon paid off. Chickenman Pizzaman’s reputation grew, and their customer base expanded beyond the university walls. They attracted patrons from all walks of life, united by their shared appreciation for delicious, affordable food.

In 2018, Christian and Ebenezer took the bold step of formalizing their business, officially establishing Chickenman Pizzaman. Their humble study table had served as the foundation for a thriving enterprise, a testament to their ingenuity and unwavering belief in their dreams.

Today, Chickenman Pizzaman stands as a beacon of hope for aspiring entrepreneurs, a living embodiment of the adage “where there’s a will, there’s a way.” Their story serves as a powerful reminder that success often stems from the most unexpected places, fueled by passion, perseverance, and the audacity to dream big.

So, the next time you savor the delectable flavors of Chickenman Pizzaman, take a moment to reflect on the inspiring tale behind their success. Remember that even from the humblest beginnings, extraordinary dreams can take flight, transforming into culinary empires that tantalize taste buds and leave an indelible mark on the world.

Ghanaian Musician Efya Praises Collaborations with Sarkodie

Caleb Qwofi Right
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Ghanaian Musician Efya Praises Collaborations with Sarkodie : Efya has revealed that her most successful collaborations have been with fellow Ghanaian artist Sarkodie. In a recent interview, Efya stated that she has worked with approximately 120 artists throughout her career, but her collaborations with Sarkodie stand out as the most impactful.

Efya praised Sarkodie’s work ethic and creative vision, noting how their collaborations have resulted in songs that have resonated deeply with audiences. She described their musical chemistry as “organic and effortless,” leading to the creation of music that is both artistically satisfying and commercially successful.

Efya’s admiration for Sarkodie extends beyond their musical partnership. She also expressed her appreciation for his personal qualities, describing him as a supportive and genuine friend. Their shared passion for music and mutual respect have formed the foundation of a long-lasting and fruitful collaboration.

Efya’s recognition of Sarkodie’s contributions to her musical journey highlights the importance of collaboration in the creative process. By bringing together their unique talents and perspectives, Efya and Sarkodie have created music that has enriched the Ghanaian music scene and garnered international recognition.

Their collaborations serve as a testament to the power of synergy in the arts. By combining their individual strengths and working together harmoniously, Efya and Sarkodie have produced music that has captivated audiences and left an indelible mark on the Ghanaian music landscape.

Nigerian Hairdresser Sets Guinness World Record for Longest Handmade Wig

Caleb Qwofi Right
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Nigerian Hairdresser Sets Guinness World Record for Longest Handmade Wig – A Nigerian hairdresser has set a new Guinness World Record for the longest handmade wig. Helen Williams from Lagos created the incredible 351.28-meter (1,152-foot, 5-inch) wig, which is over three times the length of a football field.

Williams spent 11 days and over two million naira (£2,031; $2,493) making the wig, which is made from real human hair. She said she was inspired to create the record-breaking wig to showcase her skills and promote Nigerian hairdressing.

“I am very excited to have set this record,” Williams said. “I hope it will inspire other hairdressers to never give up on their dreams.”

The Guinness World Records organization has confirmed the record, and Williams will be presented with an official certificate. The wig will be on display at the Guinness World Records museum in Lagos.

Williams’s achievement is a testament to her dedication, skill, and creativity. It is also a reminder of the talent and innovation that can be found in Africa.

Additional details:

  • Williams is a self-taught hairdresser who has been working in the industry for over 15 years.
  • She is also the founder of a hairdressing training school in Lagos.
  • Williams is a passionate advocate for the use of natural hair in wigs and other hair products.

Congratulations to Helen Williams on her incredible achievement!

Family Petitions Ghana’s Ambassador to Denmark for CCTV Footage of Former Footballer’s Death

Caleb Qwofi Right
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Family Petitions Ghana’s Ambassador to Denmark for CCTV Footage of Former Footballer’s Death : The family of a former Ghanaian footballer who died in Sweden is petitioning Ghana’s Ambassador to Denmark for access to CCTV footage of the incident.

George Kwame Sasu Anim died on August 25, 2023, at the Best Western Hotel Trollhättan in Stockholm. His family suspects foul play and believes that the CCTV footage will help them understand the circumstances of his death.

In a letter to the ambassador, the family requested footage from two adjacent hotels, a restaurant, and a church near the hotel entrance. They also requested any additional evidence or footage from the neighborhood.

The family said that they had not been given a complete picture of the incident and that they needed the CCTV footage to bring an end to their suspicions and give them closure.

“We understand that obtaining access to such footage is crucial in order to establish the facts and bring closure to this painful chapter for our family,” the letter read.

The family also noted that Sasu Anim’s girlfriend, who was with him at the time of his death, could not remember what happened. This has left them with no option but to seek the help of the embassy.

The family is urging the ambassador to cooperate with their request in the interest of justice and the pursuit of truth.

Sasu Anim was a former footballer and events promoter. He played for several lower-division clubs in Sweden and also hosted a number of Ghanaian and African artists on his shows.

His death has sent shockwaves through the Ghanaian community in Sweden. Many people are calling for a thorough investigation into the incident.

It is hoped that the CCTV footage will help to shed light on the circumstances of Sasu Anim’s death and give his family the closure they need.

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