A Ghanaian Independent energy firm, Springfield Exploration and Production Limited (SEP), has discovered more than 1.2 billion barrels of oil in its deepwater drilling off the coast in the Western region. An official announcement is expected to be made in the coming days, authorities have said. SEP began exploration in October in the West Cape Three Points Block 2. The ...
Read More »Monthly Archives: November 2019
We didn’t back a ‘NO vote’ – House of Chiefs legal Committee
The Chairman of the legal Committee of the National House of Chiefs Nana Professor S.K.B. Asante says his commitee did not push for a ‘no’ vote in the upcoming referendum on local level elections. A statement by the House of Chiefs declaring support for a ‘no vote’ in the December 17 referendum – on whether political parties should be involved ...
Read More »Referendum: Ras Mubarak breaks ranks with NDC; canvasses for ‘Yes’ vote
NDC Member of Parliament for Kumbungu, Ras Mubarak, has broken ranks with the party over the participation of political parties in local level polls. According to him, it will be hypocritical for anyone to suggest that political parties are not already involved in the local level elections. The NDC is canvassing for a ‘No’ vote in the upcoming referendum ...
Read More »Separatist movement declares independence of Western Togoland
The Homeland Study Group Foundation, (HSGF), which has been campaigning for the secession of some parts of Ghana into an independent ’Western Togoland State’ declared their independence yesterday, Saturday. Leader of the Separatist movement, Mr. Charles Komi Kudzordzi alias Papavi Hogbedetor who is in his 80s made the declaration at a public gathering in Ho on Saturday, November 16, 2019. ...
Read More »Referendum: House of Chiefs didn’t consult chiefs – Okyenhene
The Okyenhene, Osagyefo Amoatia Ofori Panin has said the statement by the National House of Chiefs declaring support for a ‘No’ vote in the upcoming referendum on local level elections does not represent Chiefs of the House. According to him, the various leaders of the regional bodies of the House have no knowledge of the statement. “The Committee of the ...
Read More »2020 revenue target set at GHC67.1bn
Government is projected to achieve GHc 67.1 billion in total revenue, representing 16.9 percent of GDP, in the 2020 fiscal year. This was made known by the Finance Minister, Ken Ofori-Atta, during the presentation of 2020 Budget Statement and Economic Policy, presented to Parliament in Accra. Of the total expected revenue for the period, GHc 65.8 billion is projected to ...
Read More »Rawlings unhappy with poor state of Volta roads
Former President Jerry Rawlings is the latest to have added his voice to the deteriorating roads in the Volta Region, notably, the road leading to the capital, Ho. While travelling to the Regional capital on Thursday, to commiserate with the family of Chairman of the National Democratic Congress there, Henry Ametefe, on the death of his wife, Mr. Rawlings stopped ...
Read More »SEC lists CBG branches for investors to begin validation process
The Securities and Exchange Commission has directed investors with locked-up funds in the 53 collapsed fund management companies to visit some specific branches of the Consolidated Bank Ghana to begin processes to retrieve their investment. In a statement issued on Wednesday, the capital market regulator the designated CBG branches will from November 18, 2019, open to receive from clients of ...
Read More »FULL TEXT: Finance minister presents 2020 budget
The Minister of Finance, Ken Ofori-Atta, today presented the 2020 Budget Statement and Economic Policies of the government to Parliament. The minister dressed in his usual white apparel, holding his famous brown bag delivered what he described as the “Nkosuo ne Nkabom budget” for 2020. According to the Finance minister, the year 2019 has been “a very good year for ...
Read More »Ghana being ruled by ‘fools’ – Odike fumes
The founder and leader of the United Progressive Party (UPP), Mr. Akwasi Addai Odike has said on Radio 1 (100.7) that one major problem of this country is that we are being ruled by fools. Speaking with Nana Kwabena Addo monitored by MyNewsGh.com, Odike said instead of the leaders finding solutions to our problem, they are rather attacking each other ...
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