Sunday, 28 February 2016

Ampong and Daddy Lumba in 'blows'


A very Serious tension has ensured and is  mounting between gospel musician, Isaiah Ampong and hi-life legend, Daddy Lumba, over album launch proceeds.

They  collaborated to come out with an album entitled ‘Hosanna’ after which they have been at each others throat.
Proceeds from the album sales have not been made clear from  Daddy Lumba to Ampong,hence the fight between the two, and It is  a fact that   about twenty thousand copies of the CDs have so far been sold making the album very scarce on the market.

Again, Lumba and his team were reported to have run away with the proceeds generated at the album launch held at the Glorious Waves International without making Ampong aware whiles Lumba did not contribute towards the launch.  According to Ampong, he is still not privy to the exact amount generated from the launch which could be over GH¢100,000.

It has also been established that since the launch, Lumba has not been  responding to Ampong's call after  the launching of the album.
Ampong  is poised to ‘vomit’ out some secrets if Lumba does not give him his share. Attempt made to contact Lumba’s camp proved unsuccessful as the manager would't  pick any call.

A former Finance Minister, Prof. Kwesi Botchwey says he agrees with Dr. Mahamudu Bawumia's assessment of the economy.

Prof Botchwey, who is Ghana's longest serving Finance Minister on Tuesday evening mounted the podium to deliver a lecture as the third speaker in the Distinguished Speaker Series, said he did plan to dispute the claims made by Dr. Bawumia, however, 'I offer no rebuttals. I do agree with much of what he said," he said.

In a lecture delivered in the Distinguished Speaker Series organised by the Central University College in Accra, Dr Bawumia painted a very gloomy picture of the Ghanaian economy, stressing that a bailout by the International Monetary Fund (IMF) was inevitable if the government's management of the economy did not improve.

'I'll like to repeat without exaggeration that the Ghanaian economy is in a crisis," Dr Bawumia said, pointing to high inflation, double digit budget deficit, depreciation of the cedi, and the general lack of growth in the economy. GDP growth, according to Dr Bawumia, had declined from 9.4 per cent in 2011 to just 3.4 per cent in 2013.

Read more at: http://www.modernghana.com/news/546279/1/i-agree-with-bawumias-assessment-of-economyprof-kw.html


A former Finance Minister, Prof. Kwesi Botchwey says he agrees with Dr. Mahamudu Bawumia's assessment of the economy.

Prof Botchwey, who is Ghana's longest serving Finance Minister on Tuesday evening mounted the podium to deliver a lecture as the third speaker in the Distinguished Speaker Series, said he did plan to dispute the claims made by Dr. Bawumia, however, 'I offer no rebuttals. I do agree with much of what he said," he said.

In a lecture delivered in the Distinguished Speaker Series organised by the Central University College in Accra, Dr Bawumia painted a very gloomy picture of the Ghanaian economy, stressing that a bailout by the International Monetary Fund (IMF) was inevitable if the government's management of the economy did not improve.

'I'll like to repeat without exaggeration that the Ghanaian economy is in a crisis," Dr Bawumia said, pointing to high inflation, double digit budget deficit, depreciation of the cedi, and the general lack of growth in the economy. GDP growth, according to Dr Bawumia, had declined from 9.4 per cent in 2011 to just 3.4 per cent in 2013.

The Distinguished Speaker series organized by the Central University College is under the theme 'State of the Nation's Political Economy and the Role of Civil Society'.

Prof Botchwey holds an LL.B. from the University of Ghana, a LL.M from Yale Law School, and a doctorate from the University of Michigan Law School.

He taught at the University of Zambia, the University of Dar es Salaam (Tanzania) and the University of Ghana.

Read more at: http://www.modernghana.com/news/546279/i-agree-with-bawumias-assessment-of-economyprof-kwesi-botc.html


A former Finance Minister, Prof. Kwesi Botchwey says he agrees with Dr. Mahamudu Bawumia's assessment of the economy.

Prof Botchwey, who is Ghana's longest serving Finance Minister on Tuesday evening mounted the podium to deliver a lecture as the third speaker in the Distinguished Speaker Series, said he did plan to dispute the claims made by Dr. Bawumia, however, 'I offer no rebuttals. I do agree with much of what he said," he said.

In a lecture delivered in the Distinguished Speaker Series organised by the Central University College in Accra, Dr Bawumia painted a very gloomy picture of the Ghanaian economy, stressing that a bailout by the International Monetary Fund (IMF) was inevitable if the government's management of the economy did not improve.

'I'll like to repeat without exaggeration that the Ghanaian economy is in a crisis," Dr Bawumia said, pointing to high inflation, double digit budget deficit, depreciation of the cedi, and the general lack of growth in the economy. GDP growth, according to Dr Bawumia, had declined from 9.4 per cent in 2011 to just 3.4 per cent in 2013.

The Distinguished Speaker series organized by the Central University College is under the theme 'State of the Nation's Political Economy and the Role of Civil Society'.

Prof Botchwey holds an LL.B. from the University of Ghana, a LL.M from Yale Law School, and a doctorate from the University of Michigan Law School.

He taught at the University of Zambia, the University of Dar es Salaam (Tanzania) and the University of Ghana.

Read more at: http://www.modernghana.com/news/546279/i-agree-with-bawumias-assessment-of-economyprof-kwesi-botc.html

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