Kanawu Radio number 1 news portal

Governor of the central bank, Dr Ernest Addison, has disclosed that the Receivers of collapsed banks and financial institutions have so far recovered GH¢1.4 billion cedis representing only 8 percent in assets of depositors locked up funds. According to him, the recovery progress, in terms of recouping the funds, has rather been slow but says there’s an effort to recover ...

Oil prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in top crude importer China after a new coronavirus outbreak spread from there to about 20 other countries. Brent crude was at $56.26 a barrel by 9.26 am GMT, down 36 US cents. Prices dropped by more than a $1 ...

Ghana’s cedi, the world’s best-performing currency against the dollar this year, extended its advance on Monday as investors await a Eurobond sale that would bolster the government’s coffers. The currency of the world’s second-biggest cocoa producer has strengthened 3.9% in 2020, the most among more than 140 currencies tracked by Bloomberg, a turnaround from last year, when it weakened 13%. ...

Founder of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom under the John Mahama administration noted with concern, the poor state of the Ghanaian economy as well as the president’s appointments. The report which was originally published by graphic.com.gh made reference to Dr Nduom’s Facebook post in which he lamented the dwindling state of affairs and the president’s seeming ...

The recent chilling news that Europe’s aerospace multinational, Airbus, has conceded paying huge bribes to Ghana in order to secure contracts during Mills/Mahama administration between 2009 and 2015, has somehow reinforced Mr Martin Amidu’s previous allegations that the late Mills set up a Committee to investigate his then Vice President Mahama over the dubious aircraft deals. To some of us, ...

It is quite strange that the vast majority of the NDC Communicators are denying any knowledge of the late Mills setting up a Committee to investigate the then vice president, John Dramani Mahama over the dubious Brazilian aircrafts deal (see: martinamidu.com). The overarching question then is: if the ubiquitous frog comes out of water to announce the untimely demise of ...

An aide to former President John Dramani Mahama, Mr Stan Xoese Dogbe thinks that there was no need to investigate the airbus matter when Ghana did not actually lose any money. In a Facebook post Monday morning [February 3, 2020], in reaction to President Akufo-Addo’s referral of the matter to the Special Prosecutor, Mr Martin Amidu to investigate the said ...

The Electoral Commission (EC) has stated that it is on course to produce a new credible biometric voters register and dispatch copies to all the constituencies by November 8. By its calender, which has been shown to some senior journalists and editors as part of its engagement and consultation with key stakeholders, the EC estimates that the registration process, the ...

Former President John Dramani Mahama has dominated the news after Airbus, Europe’s largest aerospace giant admitted paying huge bribes to secure contracts in Ghana when the former was the vice president and later president. A London High Court found Airbus guilty, and imposed a fine of three billion pounds (£3bn) as penalties. Anti-corruption investigators, according to The Guardian, have described ...

President Nana Addo Dankwa Akufo-Addo, has tasked the Office of the Special Prosecutor to conduct an inquiry into the involvement of any public official, “past or present” who may have been engaged in the Airbus bribery scandal. A statement signed by Eugene Arhin, the Director of Communications at the Presidency said the Office of the Special Prosecutor is “to collaborate ...