News From ghana

Why are Volta stalwarts against Mahama? – Boakye-Djan quizzes

Major (rtd) Kwadwo Boakye-Djan, spokesperson for the defunct Armed Forces Revolutionary Council (AFRC), has questioned why most of former president John Mahama’s opponents in the National Democratic Congress (NDC) are from the Volta Region. According to him, all executives of the party from all the regions support the candidature of Mr Mahama apart from those from the Volta Region. This ...

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AMERI Energy rejects new deal

AMERI Energy has rejected the controversial novation and amended agreement aimed at handing over the $510million power contract it signed with the government in 2015 to a new entity. The novation and amendment agreement, seeking to buy out the deal Ameri Energy has with the government and handed over to a third party Mytilineos for 15 years received approval from ...

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AMERI Deal: I felt bad Akufo-Addo had to defend his integrity – Franklin Cudjoe

Imani Africa president, Franklin Cudjoe, has noted with worry, how some actions of government officials have had detrimental repercussions on the reputation of President Akufo-Addo. In the wake of the controversy surrounding the proposed extension of the Ameri Deal and subsequently, an executive approval of the deal by the president, Mr. Cudjoe on Citi TV’s weekend analysis show asserted that ...

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1D1F: Government absorbs 50% interest rate charges

The government has said it has decided to absorb half of the interest rate charges on loans taken by companies venturing into the One District-One Factory programme. “The government will absorb 50 per cent of the interest rate on this 1D1F companies so that determining what is bankable will be done by the professionals. “When you have been appraised, you ...

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Cash for Bauxite: Parliament okays $2bn Ghana-China barter trade

An international agreement that will see Ghana and China trade in bauxite in exchange for cash worth US$2billion has received the approval of the Parliament of the West African nation amidst concerns from some Members from the Minority Caucus. This follows the adoption and approval of the report of the Finance Committee on the Master Project Support Agreement (MPSA) between ...

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Parliament approves deal to trade Ghana’s bauxite for Chinese-funded roads

Parliament has passed the master project support agreement for a 2 billion dollar facility for the construction of priority projects by Chinese firm SynoHydro Corporation. The said facility would be in exchange for alumina processed from Bauxite deposits in the country as announced by Finance Minister, Ken Ofori Atta in the mid-year Budget Review. Mr Ofori-Atta said in the mid-year ...

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Parliament approves $2b tranche of Bawumia’s China joint venture

A tranche of two billion dollars out of the 15 billion Ghana-China joint venture on Ghana’s bauxite reserves procured by the Akufo-Addo government under the aegis of Vice-President Dr. Mahamudu Bawumia has been approved by parliament today. The full joint venture will see Ghana leverage less than 5% of its 460 Billion bauxite reserves in a partnership with the Chinese ...

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Woyome saga: We acted erroneously, we are human – Betty Mould-Iddrisu

An Attorney General during the Mills administration, Betty Mould-Iddrisu has opened up about the actions of government on issues that caused public outrage. Betty Mould-Iddrisu admits the government sometimes acted erroneously and made mistakes in the manner it handled some issues that came up during her time as Attorney General under the Mills administration. Such errors, she was quick to ...

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Amissah-Arthur Wife Goes Wild; Attacks Husband’s ‘Enemies’

Matilda Amissah-Arthur filing past, John Dramani Mahama shedding tears at the funeral and President Akufo-Addo filing past the body of Amissah-Arthur Wife of departed former Vice President Paa Kwesi Bekoe Amissah-Arthur yesterday exploded when she launched scathing attack on her husband’s enemies who pretended to be friends. A tribute delivered by Matilda Amissah-Arthur to pay her last respects to her departed husband at ...

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