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Daily Archives: April 18, 2020

$240,000 fine causes division in Kotoko, exposes administrative mishaps

A $240,000 fine imposed on Kumasi Asante Kotoko by FIFA has exposed deep cracks and administrative inefficiencies in the club. Kotoko have been ordered to pay the amount to Tunisian club Esperance after they were found guilty of breaching transfer rules in their signing of Emmanuel Clottey five years ago. …

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COVID-19: Parliament approves IMF’s $1bn interest-free loan for Ghana

Parliament has approved a US$1 billion IMF Rapid Credit Facility to mitigate the impact of the COVID-19 pandemic on Ghana’s economy. The Executive Board of IMF announced the approval of the loan on Monday, April 13, 2020. The loan has zero percent interest with 5 and half years moratorium and …

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