News From ghana

Ghana cedi ranked best performing currency in the world against the dollar – Bloomberg

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%. ...

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FLASHBACK: I feel sorry for Mahama and Ghana – Dr Nduom

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 ...

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Mahama’s alleged Airbus corruption scandal: Has Amidu been vindicated?

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, ...

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New voters register ready by November – EC

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 ...

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Airbus Bribery Scandal: Is ‘Intermediary 5’ Samuel Mahama?

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 ...

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Airbus Bribery Scandal: Special Prosecutor to probe ‘Government Officials’

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 ...

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Airbus scandal: Mahama’s presidential ambition in limbo – Franklin Cudjoe

IMANI President, Franklin Cudjoe has said that John Mahama’s presidential campaign towards the December 2020 elections, will definitely take a hit following the recent Airbus corruption scandal. Ghana, Malaysia, Sri Lanka, Indonesia, and Taiwan, have been cited as destinations where Europe’s largest aerospace multinational, Airbus, admitted that it paid huge bribes in order to secure contracts. In the case of ...

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Airbus Bribery Scandal: How Ghana got corrupted

Airbus, Europe’s largest aerospace multinational, confessed to a High Court in London of paying huge bribes in order to secure contracts in Ghana, between 2011 and 2015. The planemaker has been fined three billion pounds (£3bn) as penalties. Anti-corruption investigators, according to The Guardian Report, have described the court’s decision as the largest ever corporate fine for bribery in the ...

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