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  • Sing-a-thon: Afua Asantewaa wanted to give up on Day 2 but we convinced her to continue – Medical team

    The medical team of Afua Asantewaa, the Ghanaian seeking to break the Guinness World Record for the longest singing marathon by an individual has disclosed how they convinced her not to give up.

    It was noted that during the second day of Afua’s singing marathon, she got exhausted at a point in time and told the medical team of her intention to halt the journey due to tiredness.

    The medical team indicated that it took the efforts of the medical team to psyche her adequately to change her decision and continue the singing marathon.

    Speaking in an interview with Joy FM and monitored by GhanaWeb, Dr. Grace Buckman, who happens to be part of Afua Asantewaa’s medical team detailed how they convinced her to continue the singing marathon when she wanted to give up.

    “For the medical team, one of our most difficult days was Day 2. In the late morning-afternoon thereabout she [Afua Asantewaa] just stopped everything and left the space and said she would not do it again. In fact, on the second Day, I thought everything was ending.

    “At that time the psychologist was not around so we had to call him on the phone for him to speak with her. We knew what to say, the team was very solid. After a short time, she got up and said ‘I am a champion, let’s go and do this.’ That’s what happened,” she told Kwame Dadzie during the interview.

  • Popular Ghanaian actor Too Sweet Annan ties the knot

    Renowned Ghanaian actor, Too Sweet Annan, has officially tied the knot with his girlfriend, Msflava in a glamorous wedding ceremony that was held in Accra.

    The 38-year-old producer, who has been in a relationship with Msflava for some time now, took the opportunity to marry her and make their relationship official.

    The marriage ceremony was graced by prominent personalities in the entertainment industry including Kalybos, Prince David Osei, James Gardiner, Ruth Kadiri as well as musician, Okyeame Kwame.

    During the exchange of the wedding vows, Too Sweet Annan was heard saying, “From this day, there is no other woman I want to look upon to hold, touch or love. So help me God.”

    Afterwards, his wife, Msflava also vowed to stay true to his husband and not have an extramarital affair with any other man.

    “At this moment declare with my mouth and pledge with my heart to you that from this day there is no other man I want to look upon to hold to touch or to love than you. And I mean it from the bottom of my heart,” she said.

    Too Sweet Annan’s marriage has added up to the number of celebrities who tied the knot in 2023 with the recent one being Kalybos.

  • Chris Hughton rejects West Ham’s request for Mohammed Kudus to play January 1 Brighton game

    The head coach of the Ghana national team, Chris Hughton, has reportedly rejected a request by West Ham for Mohammed Kudus to join the Black Stars after the game against Brighton & Hove Albion.

    Reports gathered indicate the Black Stars coach rejected the request because he doesn’t want to risk injury for his star player.

    FIFA regulations say players should be released on New Year’s Day from training to travel to training camps which start on January 2, for the African Cup of Nations (AFCON).

    As a result of the rejection, Mohammed Kudus will not be available for selection when West Ham United takes on Brighton & Hove Albion on Monday, January 1.

    The Black Stars forward is expected to travel to Ghana to report to the camp of the national team to begin preparations for the 2023 Africa Cup of Nations (AFCON) tournament.

    The camp will open in the afternoon after Ghana head coach Chris Hughton announces his final squad for the AFCON to be staged in Ivory Coast at a press conference in the morning.

  • 10% Tax on lotto, betting, other game of chance winnings to fully commence in January – GRA

    The Ghana Revenue Authority (GRA) says the National Lottery Authority, Private Lotto Operators and operators of other game of chance platforms will effective January 1, 2023, fully commence the deduction of a 10% withholding tax on all gross winnings.

    This, according to GRA, follows the expiration of a six-month moratorium granted the NLA and PLOs to fully prepare for the implementation of the Income Tax (Amendment (Act, 2023 (Act 1094).

    GRA in a statement emphasised that failure on the part of operators to comply with the deduction will be an offense against the tax laws of Ghana which attracts sanctions according to the Revenue Administration Act, 2016 (Act 915).

    Read the full statement by GRA below:

  • Elon Musk leads world’s richest to US$1.5 trillion wealth gain in 2023

    It was a comeback year for the world’s wealthiest. The combined net worth of the 500 richest people surged by US$1.5 trillion in 2023, fully rebounding from the $1.4 trillion lost the year prior, according to the Bloomberg Billionaires Index.

    Once again, their fortunes were closely correlated to the performance of tech stocks, which rose to fresh records this year despite recession fears, lingering inflation, lofty interest rates and geopolitical turmoil. Tech billionaires saw their wealth grow by 48 per cent or $658 billion, propelled by intense hype around artificial intelligence.

    No one did better than Elon Musk, who recaptured the title of world’s richest person from French luxury tycoon, Bernard Arnault.

    The Tesla Inc. chief executive officer netted an additional $95.4 billion through Thursday’s close, bolstered by the success of Tesla and SpaceX, after losing $138 billion in 2022.

    His net worth is now more than $50 billion above Arnault’s after a global slowdown in demand for luxury goods dented shares of LVMH Moet Hennessy Louis Vuitton SE.

    Amazon.com Inc. founder, Jeff Bezos, added more than $70 billion to his wallet this year and is now neck-and-neck with Arnault for second place, while Meta Platforms Inc. CEO Mark Zuckerberg’s fortune jumped by more than $80 billion.

    The rising tide left some boats behind. Indian billionaire Gautam Adani lost $21 billion on Jan. 27 alone – and $37.3 billion across the whole year – after short-seller Hindenburg Research tanked the value of the Adani Group. Nevertheless, he still possesses an 11-figure fortune.

    What does the world hold in store for the wealthiest people in 2024? While it’s impossible to know for sure — few would have foreseen such a large rebound this year.

    Here are some of the names below;

    Miriam Adelson

    Adelson, 78, became the majority shareholder of casino operator Las Vegas Sands Corp. after her husband Sheldon’s death in 2021. After lying low for a time, Adelson this year reached a deal to buy a $3.5 billion majority stake in the Dallas Mavericks and courted Republican presidential candidate Nikki Haley. Her net worth climbed to $34.3 billion.

    Francoise Bettencourt Meyers

    As the heir to the L’Oréal fortune, Bettencourt Meyers, 70, is the richest woman on the planet and the first to possess a 12-figure net worth. Bettencourt Meyers’ success comes as a result of France’s thriving beauty and fashion industries, which have also thrust LVMH’s Arnault, Chanel’s Wertheimer brothers and the Hermès family into the realm of the ultrawealthy. Her fortune surged 40 per cent this year as L’Oréal’s shares climbed to a record high.

    Steve Cohen

    The founder of Point72 Asset Management is all in on New York dynasties — old and new. Cohen, 67, owns the News York Mets and is attempting to revitalize the baseball franchise after years of lackluster performance. He’s also partnering with Hard Rock International in an attempt to secure one of the state’s limited new casino licenses, giving beleaguered Mets fans the chance to gamble their sorrows away. His wealth rose to $13.9 billion in 2023.

    Mark Cuban

    Cuban, 65, has a knack for getting out at the right time, selling his radio-streaming website Broadcast.com shortly before the dot-com bubble burst. He purchased the Dallas Mavericks in 2000 for $285 million, winning three division titles, two conference championships and an NBA championship before flipping them to Adelson for $3.5 billion. (He’ll keep a minority stake.) Whether this goes down as another well-timed Cuban sale remains to be seen. His fortune climbed to $6.8 billion this year.

    Carl Icahn

    It was a rough year for the activist investor after short-seller Hindenburg Research initiated a meltdown that wiped $18.1 billion from his fortune, including more than $10 billion in just one day. Still, 87-year-old Icahn has a lot of fight left in him. He intends to launch a new proxy battle to take control of Illumina Inc.’s board, according to people familiar with the matter, after the DNA-sequencing company terminated a costly acquisition that Icahn had criticized.

    Rupert Murdoch

    The 92-year-old News Corp. founder has officially retired, ceding control to his son, Lachlan. It’s set to be a rocky year for the heir as candidates including Joe Biden and Donald Trump vie for the presidency again.

    Fox Corp. already settled with Dominion Voting Systems for $787.5 million after the company accused the network of airing false claims that it rigged the vote against Trump. Fox still faces another lawsuit by Smartmatic Corp. in a similar case. The controversy hasn’t dented Rupert Murdoch’s net worth, which rose to $8.9 billion in 2023.

    Masayoshi Son

    The Japanese investor made a big bet on WeWork, which officially crumpled in 2023, and people are questioning his judgment after he continued to pour money into Adam Neumann’s remote-work business even after it was clearly struggling. The SoftBank Group Corp. founder, 66, is likely to struggle further as deals dry up. But he’s pulled himself out of deeper holes before, climbing back after losing tens of billions of dollars in the dot-com crash. Son’s wealth fell to $11.4 billion this year.

    Donald Trump

    The former president and current candidate may have lost the 2020 election, but his wallet has only gained. His wealth has grown by ​​$500 million since 2021, giving him a total net worth of $3.1 billion, according to the Bloomberg Billionaires Index. Still, 2024 will be a battle for Trump, 77, as he defends himself in lawsuits related to his defamation of author E. Jean Carroll, alleged fraud as well as his attempts to overturn the 2020 election – all while running for president.

    Changpeng “CZ” Zhao

    In many ways it was a rough year for the 46-year-old founder of Binance, the world’s biggest crypto exchange. In November, CZ and Binance pleaded guilty to money laundering and U.S. sanctions violations.

    He agreed to step down as CEO and personally pay a $50 million fine in addition to the $4.3 billion Binance will have to fork over. Still, the rebound in crypto boosted CZ’s wealth by nearly $25 billion this year, even as he may be headed to jail in 2024.

  • Ghana is not completely out of the woods – Akufo-Addo admits in New Year message

    President Nana Addo Dankwa Akufo-Addo has spoken about the economy in his first message of the year 2024.

    In a message posted in the early hours of the New Year, Akufo-Addo related to the economic struggles that the country has faced in the last two years.

    According to him, Ghana’s recovery was on course and he believed that the country will emerge victorious.

    “I wish all Ghanaians a Happy and Prosperous 2024. Even though we are not completely out of the woods, I am confident that, with hard work and determination, Ghana will make it, and collectively, we will secure our futures,” the message posted on his social media handles read.

    The president and his appointees have serially insisted that despite the challenges, the economy is rebounding citing dropping inflation, stable exchange rate and stabilized cedi depreciation among other indicators.

    The Ghanaian economy has been a topical issue in recent years following a downturn occasioned by galloping inflation, a depreciating currency, and a general decline in the quality of life coupled with high cost of living.

    The government has serially blamed the aftermath of COVID-19 and the Russia-Ukraine war before submitting to a US$3 billion IMF loan last year, of which US$600 million as tranche one has been credited to the government account.