News From ghana

Prophecies can’t win NPP 2020 Polls but hard work – Sammi Awuku

National Organiser of the governing New Patriotic Party (NPP), Sammi Awuku, has cautioned members of the party against being complacent because many prophets have predicted that the elephant family shall win the 2020 general elections, insisting that the prophecies in favour of the NPP should be seen as motivation to work even harder. Reacting to a litany of prophecies on ...

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Ghana is 5th on investors watch list next year

Ghana is among 10 African markets to watch come 2020 as far as real return on investments is concerned. Despite the December 2020 elections, investors still perceive the Ghanaian market as an attractive one. It is actually number 5 on the investors watch list for next year. Yield on bond instruments in the country has been hovering around 17 – ...

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‘The whole world wants to make Akufo-Addo unpopular’ – Kennedy Agyapong

The vociferous Member of Parliament for Assin Central in the Central Region, Mr Kennedy Ohene Agyapong thinks that some world leaders were clandestinely working to make President Nana Addo Dankwa Akufo-Addo “unpopular.” To him, that is why they have “unleashed” their representatives in Ghana, High Commissioners and Ambassadors to verbally attack President Akufo-Addo’s government. The motive, according to Mr Agyapong, ...

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Akufo-Addo promotes 5 DCOPs, 16 ACPs

President Akufo-Addo has promoted five Deputy Commissioners of Police (DCOP) and 16 Assistant Commissioners of Police (ACP). Those who have been newly-promoted include the Director of Police Public Affairs, David Eklu who was elevated from his previous ACP position to DCOP rank. The promotions which followed the recommendations of the Police Council also take effect from January 1, 2020. A ...

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It’s an insult to pay 1 of 6 months’ salary arrears – Sir John

Chief Executive of the Forestry Commission, Kwadwo Owusu Afriyie, says it is an insult and unacceptable for the government to pay beneficiaries of the Youth in Afforestation Programme, only one out of the six months’ salary arrears. 83,000 beneficiaries are owed six months by the government. The affected persons have over the last months held several demonstrations to push government ...

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ESLA plc to issue GH¢260m bond Monday

The Energy Sector Levy Act (ESLA) Plc will, on Monday, 30 December 2019, seek to raise GHS260 million additional funds via a 12-year Ghana cedi denominated bond. This will represent Tranche E4 under the GHS10-billion programme. The bond sale was opened to the investing public on 24 December 2019 and will mature on 15 December 2031. In a statement, ESLA ...

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Sammy Gyamfi to refuse CID invitation following lawsuit

The National Democratic Congress (NDC) Communications Officer, Sammy Gyamfi, says he will not honour any invitations by the Criminal Investigations Department (CID) after he sued to stop the police from examining his phone records and gaining access to his Facebook account. Mr. Gyamfi, in a letter from his lawyers to the CID on December 23, said honouring the invitation could ...

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Results of investigations into collapsed banks to be made public – Akufo-Addo

Findings of investigations into alleged criminal acts that led to the collapse of some banks in country will soon be made public, President Nana Akufo-Addo has assured Ghanaians. Insolvency arising out of mismanagement and misappropriation of funds as well as bad institutional governance among other factors caused the Bank of Ghana to revoke the licences of some nine indigenous banks. ...

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Auditor General punched again

An Accra High Court has set aside the decision by the Auditor General, Daniel Domelevo, to disallow and surcharge a construction company based on its audit report. The Auditor General had disallowed and surcharged Joshob Construction Company Limited a total of GH¢11,777,823.40 which is its IPC 10 pending payment. Not satisfied with the decision, the company took the Auditor General ...

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