TIG Post

Author: Amanda Cartey

  • Dr. Bawumia could face grassroots disappointment in NPP flagbearer race – Bernard Mornah cautions

    Dr. Bawumia could face grassroots disappointment in NPP flagbearer race – Bernard Mornah cautions

    Former Chairman of the People’s National Convention (PNC), has issued a caution to Vice President Dr. Mahamudu Bawumia, advising him against becoming complacent despite his resounding victory in the New Patriotic Party’s (NPP) super delegates conference.

    Mornah revealed that his interactions with NPP grassroots members in the Upper West Region indicated that they were not favorably inclined towards the vice president’s aspirations to become the party’s flagbearer.

    This skepticism, he explained, stemmed from their perception that Bawumia had contributed to the economic challenges that the Akufo-Addo-led government had imposed on the Ghanaian populace.

    Highlighting a potential risk, the former PNC chairman warned that if Dr. Bawumia’s campaign team were to relax their efforts due to the outcome of the Super Delegates Conference, they might encounter difficulties in the upcoming special delegates congress scheduled for November 4.

    Speaking during a panel discussion on TV3 on August 28, 2023, Bernard Mornah advised Dr. Bawumia and his team to meticulously analyze the election results and concentrate on persuading the grassroots to secure his victory as the NPP’s flagbearer.

    “In my opinion, the vice president’s office should be worried. His campaign team should do a thorough review because what transpired [at the super delegates conference] does not mean it would be the same result on November 4, it won’t be. The last time I went to the Upper West region, most of the NPP members who will partake in the November 4 elections didn’t have the same mindset as President Akufo-Addo but they couldn’t speak. Because they were waiting for the super delegates conference to come to an end.

    “After interacting with some of them [NPP members], they said that if the governance of President Akufo-Addo is not going well, then the vice president is part and can’t dissociate himself from it and say his ideas weren’t heeded by Akufo-Addo,” he noted.

    Background

    Dr. Mahamudu Bawumia emerged as the frontrunner in the New Patriotic Party Super Delegates Conference. Results from all 17 voting centers across the country show Bawumia secured 629 votes (68.15%), followed by Kennedy Agyapong with 132 votes (14.30%) and Alan Kyerematen with 95 votes (10.29%) in the August 26, 2023 elections.

    Dr. Owusu Afriyie Akoto claimed fourth place with 36 votes (3.90%). Boakye Agyarko and Francis Addai-Nimoh tied in fifth with 9 votes each (0.98%).

    Joe Ghartey received 4 votes, Kwadwo Poku got 3 votes, Kwabena Agyepong secured 5 votes, while Dr. Kofi Konadu Apraku garnered no votes.

    This Super Delegates Conference aims to narrow down the pool of contenders for the NPP’s presidential candidacy in the 2024 general election.

    Ten NPP candidates participated, with the goal of selecting five for another round of voting in November. The final round will determine the NPP’s official presidential candidate for the 2024 general elections.

  • Kenyan women rewarded for consistency and hardwork

    Kenyan women rewarded for consistency and hardwork

    Kenya stood out as the top African team in this year’s World Athletics Championships held in Hungary, clinching 10 medals and securing fifth place overall. Notably, Kenya outperformed neighboring rivals Ethiopia by securing one more gold. An interesting aspect of Kenya’s gold medal achievement was that, for the first time in the competition’s history, none of its male athletes claimed the top prize.

    Faith Kipyegon made history by becoming the first woman to win gold in both the 1500m and 5000m events. Mary Moraa added Kenya’s third gold by triumphing in the women’s 800m, celebrating with a distinctive dance at the finish line, earning her the moniker “Kenya’s dancing queen.”

    Uganda celebrated two gold medals, while Ethiopia’s performance might have left them wanting more, securing only two golds—half of their tally from the previous year’s Championships where they ranked second overall behind the hosts, the USA.

    Letsile Tebogo of Botswana, hailed as Africa’s emerging sprint star, impressed by earning silver in the men’s 100m and bronze in the 200m. He attributed part of his success to quitting social media. His silver in the 100m marked the first time an African man medaled in the event at the Championships.

    Burkina Faso’s Hugues Fabrice Zango made history by capturing gold in the triple jump, marking the continent’s most notable result. This victory not only earned Burkina Faso’s first gold in the Championships but also the first such title for any African nation in the discipline. Zango, also a PhD candidate in electrical engineering, achieved a full set of medals in the triple jump across the last three World Championships—gold, silver, and bronze.

    In the face of political instability in his country, Zango expressed hope that his gold medal could bring positive emotions to his fellow citizens.

  • Suspected suicide: 39-year-old man’s lifeless body found in well

    Suspected suicide: 39-year-old man’s lifeless body found in well

    In a tragic incident, 39-year-old unemployed man Roland Chawey took his own life by leaping into a well in the Fofie Electoral Area near Koforidua.

    On Monday, August 28, 2023, his lifeless body was retrieved from the deep well where he’s believed to have jumped in an apparent act of suicide.

    Early that day, officers from the Municipal Secretariat, led by Municipal Director Helbert Danso, along with Asokore Zone officers, responded to a call from Assemblyman Isaac Osei, reporting the drowning in the well.

    Nearby residents fetching water had noticed Chawey’s walking stick and clothes belonging to his ailing mother, left by the well, sparking suspicion.

    Despite community efforts, Chawey remained elusive. Concerns escalated, prompting Ghana National Fire Service (GNFS), National Disaster Management Organization (NADMO), and police involvement.

    GNFS personnel searched the well, eventually recovering Chawey’s remains after draining the water.

    While the motive behind the 39-year-old’s apparent suicide remains unclear, relatives connected it to his chronic alcoholism and drug abuse. Family sources revealed he had fled from a treatment facility, continuing his self-destructive habits.

    Security personnel managed the scene and are conducting investigations. Roland Chawey, who had no wife or children, now rests at St. Joseph’s Hospital morgue in Effiduase-Koforidua, attended to by NADMO and Ghana Police Service officers alongside the victim’s family.

  • Runner-up in Zimbabwe accuses president of staging a coup

    Runner-up in Zimbabwe accuses president of staging a coup

    Runner-up in Zimbabwe’s recent presidential election, Nelson Chamisa, has accused President Emmerson Mnangagwa of orchestrating an electoral coup.

    The head of the opposition Citizens Coalition for Change has characterized the official election results from Wednesday as fraudulent, pointing out that this viewpoint is shared by international observers.

    The emergence of disputes surrounding these elections is not unforeseen. During a press briefing, Chamisa, who secured 44% of the votes compared to Mnangagwa’s 52.6%, alleged that the electoral authority had disseminated inaccurate results.

    However, Chamisa has yet to present substantiated evidence for his claims, with a one-week window open for him to bring his case before the court.

    Chamisa asserted that Zimbabwe would experience change, regardless of the desire of President Mnangagwa’s Zanu-PF party; he declared his unwillingness to wait for another five years.

    Mnangagwa has disregarded international condemnation of the election and maintains that the electoral process in Zimbabwe is equitable.

    While certain observers, including those from southern Africa, have noted that the election did not meet international benchmarks or the criteria established by Zimbabwe’s own constitution.

  • ACEP offers govt with $700m gas discount in 3 years

    ACEP offers govt with $700m gas discount in 3 years

    Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, emphasized that over the past three years, the government extended gas discounts totaling approximately $700 million to power generation companies.

    Boakye noted that the nation is presently confronted with a substantial pending debt of $600 million owed to oil companies for the utilization of gas produced from the Sankofa oil field.

    “Ghana has spent over $700 million on gas discounts and yet is unable to pay for gas produced from the Sankofa oil field. Government has an outstanding debt of $600 million because of the discounts it has given in the last three years,”

    The ACEP Executive Director made the assertion while speaking during a discussion on the topic; “Unravelling the Facts and Truth Concerning the GNPC/Genser Deal” on the X platform formerly known as Twitter.

    In September of the previous year, the energy think tanks ACEP and IMANI Africa initiated an investigation into a sole-sourced contract involving Genser Energy Ghana Limited and the Ghana National Petroleum Corporation (GNPC).

    The primary objective of this inquiry was to examine the combined gas and pipeline infrastructure agreement and its implications for the nation and its citizens.

    Following their collaborative analysis, the two think tanks determined that Genser Energy was positioned to receive $1.5 billion in gas discounts (resulting in financial losses) over a span of 16 years. This advantage was coupled with the utilization of subsidized infrastructure to expand their enclave power projects throughout the country.

    Furthermore, the analysis highlighted that the subsidies granted through the Genser Energy agreement enabled the company to secure major consumers from state entities like the Volta River Authority and the Electricity Company of Ghana.

  • Govt successfully obtains GHS3.22b through treasury bills, exceeding intended goal

    Govt successfully obtains GHS3.22b through treasury bills, exceeding intended goal

    Through its treasury bills auction on August 28, 2023, the government secured a total of GH¢3.22 billion. This achievement follows a previous shortfall in meeting its ambitious treasury bill target the prior week.

    Despite the rise in interest rates, the government exceeded its target by GH¢172.07 million. The current interest rates have soared to 31%, indicating potentially burdensome maturities for the government.

    All bids from the 91-day, 182-day, and 364-day bills were accepted this week. As per the Bank of Ghana’s report, the 364-day bill witnessed an interest rate increase to 31%. Meanwhile, the interest rates for the 91-day and 182-day bills reached 27.02% and 28.6% respectively.

    Specifically, the 91-day bill garnered a total subscription of GH¢2.36 billion, the 182-day bill accepted GH¢701.67 billion, and the 364-day bill accepted GH¢143.20 million.

    For its upcoming auction, the government anticipates borrowing a significant sum of GH¢3.064 billion.

  • Minister suspended in Libya over Israel talks

    Minister suspended in Libya over Israel talks

    Libya’s foreign minister suspended for meeting Israeli counterpart.

    Israel termed it a significant initial step toward establishing relations. However, Najla al-Mangoush stated it was an unplanned encounter during discussions with the Italian foreign minister.

    An investigation has been initiated, with findings to be submitted to the prime minister within three days.

    The presidential council, representing Libya’s provinces, declared normalizing relations with Israel as illegal.

    Parliament’s speaker’s office accused Mangoush of grand treason, calling for an urgent session. Despite improving Israel-Arab ties, formal diplomatic relations with Libya remain absent.

  • Ghana part of 16 African countries with worse operational risk – EIU

    Ghana part of 16 African countries with worse operational risk – EIU

    As of the close of 2022 and mid-2023, Ghana has been ranked 16th among 51 African nations with an increased operational risk position by The Economist Intelligence Unit (EIU).

    Operational risk refers to the potential for losses stemming from faulty processes, policies, systems, or disruptive events affecting business operations.

    The UK-based company’s latest Operational Risk Outlook attributes Ghana’s declining score to deteriorating conditions in the macroeconomic risk sub-category.

    “The operational risk scores for 16 of the 51 African countries in EIU’s Operational Risk Service worsened between end-2022 and mid-2023, including those for Ghana, Egypt and Sudan”.

    “This reflects the negative impact of rising domestic consumer prices on businesses’ profit margins and the wider implications for exchange-rate and monetary policy,” the EIU said.

    Nevertheless, the company observed that amidst the persistent global economic disturbances, macroeconomic risk has remained the highest-rated subcategory throughout the region, with an average score of 43, corresponding to a C rating.

    The company clarified that this outcome primarily reflects the comparatively swift economic expansion linked to growing populations.

    Alongside the rankings, a total of 11 out of the 51 African nations, among them Tanzania, the Central African Republic, and Ethiopia, registered an enhancement in their Operational Risk Outlook.

    Despite this, the EIU cautioned that “We also believe that there is a high risk of financial sector distress, given high and rising public debt levels and comparatively low levels of banking supervision and autonomy in the region.”

  • Sudanese RSF in Sudan outlines strategy for bringing an end to conflict

    Sudanese RSF in Sudan outlines strategy for bringing an end to conflict

    Sudan’s paramilitary Rapid Support Forces (RSF) unit has articulated its perspective on concluding the conflict with the nation’s regular army, indicating a willingness to engage in negotiations for resolution.

    Lt Gen Mohamed Hamdan Dagalo, also known as Hemedti, the leader of RSF, shared an extensive statement on X (formerly Twitter) on August 27, outlining the group’s “comprehensive settlement vision to terminate the war and establish a new Sudan.”

    The statement emphasized that any resolution aimed at ending the conflict should pave the way for a complete transition to civilian rule in accordance with democratic principles. It further stressed that addressing the fundamental reasons behind Sudan’s conflicts necessitates an inclusive dialogue encompassing all civil stakeholders, working towards a sustainable ceasefire.

    Additionally, the statement advocated for the creation of a fresh national and professional army within Sudan.

    On the same day, Sudan’s de facto president and army chief, Lt Gen Abdel Fattah al-Burhan, visited the eastern city of Port Sudan. This visit marked Gen Burhan’s first to the city since the conflict began in mid-April. Reports from Sudanese media indicated his upcoming travel to Egypt and Saudi Arabia.

  • Finance Ministry actively engaged in efforts to decrease excessive dependence on T-Bills

    Finance Ministry actively engaged in efforts to decrease excessive dependence on T-Bills

    Minister of State overseeing Finance, Dr. Amin Adam, has conveyed that the government is actively addressing the issue of excessive dependency on Treasury Bill instruments to fund its projects.

    Due to Ghana’s exclusion from the global capital markets, the government has been compelled to rely on borrowing from the T-Bills market to maintain the economy’s stability.

    During an interview on JoyNews’ PM Express Business edition, Dr. Amin Adam stated that the government will persistently pursue a robust strategy for generating revenue to ensure sufficient liquidity for fulfilling financing responsibilities.

    “Government is working to reduce its over-reliance on T-bills by aggressively pursuing revenue mobilization and expenditure controls. To the extent that we’ve had a successful DDEP, our financing needs will reduce which offers government enough room to settle future debt obligations,” Dr Adam stated.

    In the interim, the government has successfully fulfilled the initial coupon payment as part of the Domestic Debt Exchange Programme introduced in December 2022. As stated by the Finance Ministry, the payment has been settled at a total of GH¢2,369,667,190.18, equivalent to approximately GH¢2.4 billion.

    In light of this development, the government has reaffirmed its dedication to meeting all forthcoming financial commitments linked to the DDEP. This program’s fulfillment is a component of the prerequisites outlined within Ghana’s ongoing IMF program.

  • French media surprised by Gabon’s post-election ban

    French media surprised by Gabon’s post-election ban

    Gabon temporarily prohibits French state media outlets TV5 Monde, France 24, and Radio France International (RFI) due to perceived bias in covering the recent general election.

    RFI had expressed concerns about potential post-election turmoil amidst an internet blackout and imposed curfew.

    On the same day, government spokesperson Rodrigue Mboumba Bissawou clarified in a televised statement that the curfew and internet shutdown aimed to prevent the spread of violence-inciting messages after the vote.

    Opposition candidate Albert Ondo Ossa criticized the security measures, labeling them as excessive and accusing the electoral process of being manipulated.

    France Médias Monde, owner of the banned channels, expressed remorse and surprise over the suspension, asserting it lacked grounds and deprived Gabonese citizens of vital sources of reliable and independent information.

    Results from Gabon’s electoral commission are pending, with no specified timeline for release. The vote was conducted without participation from foreign observers and journalists.

  • New Development Bank of BRICS will offer aid to African nations in addressing pressing needs – Rouseff

    New Development Bank of BRICS will offer aid to African nations in addressing pressing needs – Rouseff

    President of the New Development Bank, Dilma Rousseff, emphasized that the establishment of this financial institution by the BRICS nations (Brazil, Russia, India, China, and South Africa) will play a vital role in addressing immediate challenges faced by African nations.

    During her address at the BRICS summit held in Johannesburg, South Africa, she highlighted that the bank’s formation will contribute to fostering a more inclusive and multilateral financial system.

    Dilma Rousseff said, “The New Development Bank has the potential to be the leader of projects that address the most urgent challenges of African countries.”

    “It is [New Development Bank] the expansion of payment mechanisms, notably local currencies and other financial instruments that may eventually be created in order to build a new, more multilateral and inclusive financial system”, she added.

    Addressing the topic of Foreign Direct Investments (FDIs), Dilma Rousseff pointed out that Africa’s portion of the worldwide FDI increased to 8.8% in 2021.

    Rousseff emphasized that Africa’s slice of the global FDIs “has the potential and should indeed increase even further.”

    The New Development Bank’s primary objective is to gather funds for projects related to infrastructure and sustainable development in emerging markets and developing nations.

    The establishment of BRICS serves as a framework aimed at lessening reliance on Western financial systems and providing a counterbalance to the G7.

  • Akufo- Addo’s 2017 tweet on protecting economy revisited

    Akufo- Addo’s 2017 tweet on protecting economy revisited

    In 2017, President Nana Addo Dankwa Akufo-Addo made a commitment that he would prevent the Ghanaian economy from collapsing during his tenure.

    During his address to parliament on February 21, 2017, as part of the State of the Nation, President Akufo-Addo affirmed that his administration would substantially decrease the fiscal deficit within that year.

    However, looking ahead to 2023, the governing New Patriotic Party, led by President Akufo-Addo, has encountered significant censure concerning the handling of the economy. The economy is presently operating under an International Monetary Fund (IMF) Program.

    While the government has occasionally attributed the economic difficulties to external factors like the Russia-Ukraine War and the COVID-19 pandemic, a segment of the public has contested these explanations. They accuse the government of mismanaging public funds and presiding over ineffective institutions.

    A tweet shared by Akufo-Addo on the social media platform X (formerly Twitter) in 2017 has resurfaced, sparking agitation among some users due to the unfulfilled promise.

    “I will not allow this economy to collapse under my watch. We will reduce significantly the fiscal deficit this year,” the 2017 tweet read.

    Meanwhile, President Nana Addo Dankwa Akufo-Addo has acknowledged the current challenging circumstances and expressed empathy towards Ghanaians. He further noted that brighter days are on the horizon if a new leader from the New Patriotic Party (NPP) is able to succeed him.

    Following his participation in the NPP super delegates conference on August 26, where he cast his vote at the party headquarters, Akufo-Addo addressed the media. He openly acknowledged the difficulty of the situation, asserting that he is the first to recognize the hardships being faced.

    “Ghanaians say they are not happy with the way conditions are, they are tired, they are suffering,” a journalist asked the president who was departing from the premises after casting his ballot.

    He replied: “It is difficult. I am the first to admit it, I have said it several times, I am the first to admit it. But at the end of the day, believe that when the moment comes, Ghanaians will refer to a good person and get us out of these difficulties and take us to the next stage. That is the New Patriotic Party.”

  • Avoid these mistakes to hide your pimples

    Avoid these mistakes to hide your pimples

    Pimples, those unwelcome visitors that occasionally emerge without an invitation, have the unfortunate power to undermine your self-assurance.

    Thankfully, the art of concealing offers a remedy, enabling you to present your finest face to the world.

    Nevertheless, not all approaches yield the coveted outcomes. Here are five critical errors to sidestep when camouflaging pimples, ensuring that your complexion appears impeccable and genuine.

    Skipping skincare prep

    A prevalent misconception is that makeup alone can effectively disguise blemishes. Ignoring proper skincare preparation may result in an uneven canvas and makeup that doesn’t adhere optimally.

    Prior to makeup application, engage in facial cleansing, employ a gentle exfoliant, and moisturize to establish a polished foundation. Employing a primer tailored for skin prone to blemishes will augment makeup longevity and provide a smoother texture for application.

    Heavy-handed concealer application

    While slathering on thick layers of concealer might appear logical, it can paradoxically draw more attention to the blemish.

    Instead, opt for a creamy, comprehensive-coverage concealer that aligns with your skin tone. Dab a modest amount directly onto the pimple, then softly blend the perimeters to seamlessly meld with your natural skin.

    Heavy-handed concealer application

    Flawless blending is pivotal for achieving an authentic and impeccable appearance. Harsh demarcations or unevenly blended concealer can amplify rather than veil the blemish.

    Employ a clean makeup sponge or brush to gently merge the borders of the concealer with your skin. Employing light, tapping motions is optimal to circumvent disturbing your skin’s texture.

    Ignoring proper blending

    Color correction is a transformative technique in the realm of concealing blemishes.

    For red or inflamed blemishes, utilize a green color corrector before applying concealer. Green counteracts redness, establishing a neutral foundation for your concealer to perform its magic.

    Be sure to blend diligently to evade any hint of green peeking through your makeup.

    Failing to set your makeup

    The final touch of setting your makeup is vital to enduring results. Utilize a translucent setting powder to gently secure your concealer, thwarting any potential sliding or creasing. A faint dusting is sufficient to lock in your concealing efforts.

    By evading these five prevalent errors, you can confidently embrace the day with skin that radiates a natural and resplendent glow.

    Remember, the objective is to enhance your features, not mask them entirely. Armed with adept techniques and a modicum of patience, you’ll adeptly master the art of impeccable concealing and confidently present your finest face every day.

  • GFA president, Kurt Okraku rattles “Oil in My Head” by Black Sherif

    GFA president, Kurt Okraku rattles “Oil in My Head” by Black Sherif

    Leading up to the Ghana Football Association (GFA) election scheduled for September 27, 2023, the incumbent President, Kurt Simon Okraku, appears to be in high spirits as he gains momentum in his bid for re-election.

    A viral video, as witnessed on GhanaWeb, captures the FA president exuding enthusiasm as he performs Black Sherif’s inspirational hit song “Oil in My Head.”

    Fueled by the song’s lyrics, which convey “I won’t stop for anything, victory is within reach, and I can feel it,” a spirited Kurt Okraku can be seen holding a microphone and passionately singing along. This lively moment unfolded during what is believed to be an event celebrating the 80th birthday of an elderly woman.

    “[I] Think @blacksherif_ must feature GFA President Kurt Okraku on his next album,” sports journalist, Saddick Adams who shared the video on his Twitter page captioned.

  • Sports journalist, Ernest Koranteng in tears as he celebrates Kwami Sefa Kayi

    Sports journalist, Ernest Koranteng in tears as he celebrates Kwami Sefa Kayi

    A renowned sports journalist, Dr. Ernest Koranteng, sobbed as he described how award-winning journalist Kwami Sefa Kayi offered him a platform to begin his journalism career.

    Dr. Koranteng claims that until around 20 years ago, when he went to see Kwame Sefa Kayi at his office at Mile 7, in Accra, Ghana, he was unaware of his aptitude for journalism.

    As a way of honoring his mentor, Dr. Ernest Koranteng, who also serves as the Chief Executive Officer of BAC Group, gave Sefa Kayi a citation and thanked him for all the support and guidance that helped build his career.

    “In 2002, you recognized a talent within me that I wasn’t even aware of, in a rather unconventional manner during my visit with my friend Ekow Bartels to your Peace FM office at Mile 7, right after your ‘Kokrooko’ Show. What began as a discussion about our appearance on the TV Show ‘It takes 2’ transformed into a revelation of who Ernest Koranteng was destined to be,” the citation recounts.

    “You provided me with a career and a means of sustenance that would significantly shape the trajectory of my life. On this day, August 24, as I celebrate my 40th birthday, I offer my heartfelt appreciation for everything you did over two decades ago. I also remember the initial fees you covered for me at the Ghana Institute of Journalism in 2004—a pivotal aspect of my educational journey that led to me becoming Dr. Ernest Koranteng. I extend my gratitude, KSK. You have my deep affection. Thank you,” the message concluded.

    Dr. Koranteng embarked on his journey in journalism back in 2003, building a robust career across notable platforms including Peace FM, Choice FM, Women’s WS, Top Radio, MGL, and Metro TV. His journalism path came to a close in 2018.

    He earned a Master of Business Administration Degree from the University of Ghana, complemented by a Bachelor of Communication Degree from the Ghana Institute of Journalism.

    In the year 2021, Ernest Koranteng achieved a significant milestone by obtaining a Doctor of Business Administration Degree from the esteemed Toulouse Business School in France.

  • GPHA’s response to oil spill impresses EPA, Norwegian partners

    GPHA’s response to oil spill impresses EPA, Norwegian partners

    Once again, the Ghana Ports and Harbors Authority has demonstrated its capacity to prevent and effectively manage oil spills within the port environment, showcasing its readiness for any unfortunate incidents.

    Throughout the week, the Port Authority actively participated in the ongoing National Oil Spill Equipment Inventory Exercise. This collaborative initiative, led by the Environmental Protection Agency in partnership with Norwegian experts, evaluates the readiness and capabilities of both on-shore and off-shore facilities and resources within the country to effectively handle oil spill scenarios.

    The Environmental Protection Agency, alongside their Norwegian counterparts, expressed satisfaction with the expertise and technical resources available within the Authority to combat oil spills.

    Larry Koteo, Deputy Director of the Environmental Protection Agency, noted, “Annually, we have conducted national exercises at both Tier One and Tier Two levels in collaboration with GPHA for a while now. We are genuinely impressed with their existing capabilities and their efforts to enhance them with additional response equipment. This is a commendable asset for the country. EPA is pleased because in the event of any oil spill within our maritime waters, we can rely on GPHA for support.”

    Helge Andersen, Special Advisor in Environment Emergency Response at the Norwegian Coastal Administration, emphasized the satisfaction in witnessing a strong commitment to addressing environmental threats within Ghana’s maritime domain.

    “If you see all these ships around here anything can happen. They can go grounding, they can collide, and then spill oil into the sea. It’s important to have equipment available within a short time to try to get the oil off the water before it hits the shoreline, harms wildlife, or pollutes the beaches and all these kinds of things. So to have equipment available close to harbor like this is very important.”

    In order to continue serving as Ghana’s go-to resource for oil spill response, the GPHA said the organization will keep expanding its capabilities.

    At GPHA, Capt. Daniel Quartey serves as the on-site commander and deputy harbor master.
    He clarified that the Authority frequently does these internal inspections and carries out appropriate drills every three months to make sure they are always on top of their game.

    “Because of the hard work we put in and the effort of the management seeing the wisdom behind all these things, giving us the resources, the backup, the confirmations and all that. We were able to prove to them that it is not just having the equipment but we have the men as well,” he added.

  • Sunyani experiencing shortage in Tomatoes

    Sunyani experiencing shortage in Tomatoes

    A market survey conducted by the Ghana News Agency (GNA) has revealed a shortage of tomatoes at the Sunyani main market.

    During a visit to the market at around 11:00 AM on Thursday, vegetable vendors conveyed that “tomatoes and onions are currently in short supply within the market.”

    Despite an extensive search through the main market, no vendors were observed selling tomatoes. However, a handful of them had onions available for sale.

    Traders explained that despite a significant increase in market demand recently, they have been unable to procure an adequate supply of these items for sale.

    “Tomatoes and onions are difficult to get,” Ataa Abenaa, one of the market women stated.

    The traders, however, attributed the scarcity partially to the political turbulence in neighboring Burkina Faso and Niger, which are major producers of tomatoes and onions, respectively.

    They highlighted that a considerable number of customers prefer tomatoes and onions from these neighboring countries due to their superior quality and moisture content. These imported varieties are less prone to rapid spoilage.

    Mr. Stephen Oduro, the National Vice Chairman of the Ghana National Tomatoes Producers Federation, corroborated the scarcity report in certain areas of the Bono Region. He urged the government to consider constructing irrigation reservoirs to enhance local farmers’ productivity. Additionally, he appealed for the establishment of storage facilities, as the arrival of the rainy season had led to the deterioration of their tomato stock.

    By providing irrigation systems and storage infrastructure, farmers could cultivate seedlings throughout the year, countering the current weather unpredictability that has impeded domestic tomato production.

    Unfortunately, Mr. Dennis Amenga Abugri, the Bono Regional Director of the Ministry of Food and Agriculture, was unavailable for comment regarding the situation.

  • MTN to decrease Mobile Money charges

    MTN to decrease Mobile Money charges

    Mobile Telecommunications Network (MTN) has revealed its intention to potentially lower the fees it charges for transactions within the Mobile Money realm. This move aims to entice a larger user base and encourage the adoption of digital payment methods in Ghana.

    With approximately 14 million active Mobile Money users as of June this year, MTN’s strategy for its Mobile Money Limited division involves exploring innovative pricing approaches. These approaches aim to not only safeguard the company’s interests but also stimulate an increase in the number of transactions from the existing pool of 22.1 million active Mobile Money users.

    Madam Silvia Otuo Acheampong, Head of Products and Services at Mobile Money Limited, MTN, elaborated on this initiative, stating:

    “We actually have not changed our pricing for a very long time but we know it has to be reduced because the demand is high. We were discussing our strategy for next year, and one thing that kept coming through was reviewing our pricing.”

    She said this at the MoMo Stakeholders Forum organised by Mobile Money Limited under the theme: “Addressing Barriers to Digital Payments Adoption in Ghana, where key actors like the banks, Fintech, Mobile Network Operators (MNOs) and Bank of Ghana speak the same ‘language’ in ending the barriers.

    Speaking on behalf of Mr. Shaibu Haruna, CEO of Mobile Money Limited, Madam Otuo Acheampong stated that they will soon engage their clients and inform them of the introduction of dynamic pricing and that it would be in everyone’s best interest.

    She claimed that the cost of adopting digital payments had been a barrier because no one wanted to pay for something that had become a way of life. She urged Fintech and MNOs to cooperate in order to lower costs and enable a digital experience and digital service for the customer.

    “Consistent partnership is central to any ecosystem and we key players must constantly collaborate to bridge the gap in the digital financial space, fight fraud and promote education so we don’t have different agenda being pushed by different partners,” she said.

    Concerns have arisen regarding certain customers’ lack of enthusiasm for delving into the digital financial realm, primarily due to factors such as fraud and the complexities tied to transitioning to digital platforms.

    Mr. Kwame Oppong, the Director of Fintech & Innovation at the Bank of Ghana, shared insights on crafting a robust and streamlined ecosystem. He outlined five essential policy pillars that industry stakeholders should uphold.

    He emphasized the need for simplified onboarding procedures in transactions, enhancing access to fundamental services, actively participating in consumer education, and implementing consumer resource mechanisms. These measures aim to cultivate trust among users within the digital financial landscape.

    “Ensure data privacy and protection to secure consumers and conduct market supervision to ensure safety,” he added.

    Mr. Achie Hesse, Chief Executive Officer, Ghana Interbank Payments and Settlement System (GhiPSS), pleaded with the stakeholders to focus more on and meet the payment demands of groups of people who do not use digital technology.

    “You can develop all the various AI technologies but if you don’t go down and ask who am I addressing, nothing would happen. There should be incentives to convince the informal sector to move away from the cash system to digital payments.”

  • Observers challenge legitimacy of voting in Zimbabwe

    Observers challenge legitimacy of voting in Zimbabwe

    On Friday, foreign election observers conveyed their assessment that Zimbabwe’s recent presidential and legislative elections did not meet the benchmarks set by regional and global norms. This evaluation raises uncertainties about the credibility of the tense electoral process.

    Zimbabweans participated in the polling on both Wednesday and Thursday, yet the proceedings were marked by delays. These elections unfolded amid a backdrop of widespread discontent over the country’s economic challenges.

    Both regional and international observers highlighted various concerns, including the disruption of opposition rallies, the refusal to accredit certain foreign media entities, the absence of voter names from the registration list at polling stations, the biased representation in state media, and instances of voter intimidation. These factors collectively cast a shadow over the electoral process.

    Fabio Massimo Castaldo, the leader of the European Union observer mission, commented that the election “did not meet many regional and international standards,” emphasizing its shortfall.

    “Violence and intimidation resulted ultimately in a climate of fear,” he said.

    Commonwealth observer mission chair Amina Mohamed, of Kenya, said overall the voting process was “well conducted and peaceful” but a ” number of significant issues” impacted on the election’s “credibility” and “transparency”.

    “Some aspects of the … election fell short of the requirements of the constitution of Zimbabwe, the electoral act and the SADC principals and guidelines governing democratic elections,” said head of the regional bloc’s delegation Nevers Mumba, a former Zambian vice president.

    It marked an unusual criticism from the Southern African Development Community (SADC), which typically endorses polls within its member states.

    The ongoing election has garnered attention throughout southern Africa, serving as a litmus test for the popularity of 80-year-old President Emmerson Mnangagwa’s ZANU-PF party. The party’s 43-year rule has faced challenges due to a sluggish economy and accusations of authoritarianism.

    Unforeseen delays in printing ballot papers, especially in opposition stronghold Harare, led to an unprecedented extension of voting into a second day.

    The leading opposition group, Citizens Coalition for Change (CCC), which presents the primary challenge to Mnangagwa, had over 100 campaign meetings banned. It criticized the electoral process as “fundamentally flawed.”

    On the first day of voting, fewer than 25 percent of polling stations in Harare, known for its opposition support, opened on time. These issues prompted Mnangagwa, vying for a second term, to extend voting by an additional day.

    Despite these hurdles, Zimbabwe Electoral Commission deputy chairman Rodney Kiwa expressed confidence in announcing results prior to the Tuesday deadline.

    CCC leader Nelson Chamisa condemned the delays as a form of “voter suppression” and “rigging.” At 45 years old, Chamisa stands as the primary contender against Mnangagwa, 80, who assumed power after a 2017 coup that ousted Robert Mugabe.

    Late on election day, 41 local monitors were apprehended and had their electronic devices confiscated by police, alleging the “unlawful tabulation” of polling station results. This event was labeled “subversive and criminal.” The arrested monitors, predominantly young women and men affiliated with local pro-democracy NGOs, appeared in court on Friday.

    As they awaited proceedings, some greeted well-wishers with waves and held back emotions. Many wore “election observer” caps and shirts.

    The arrest of these 41 observers adds “to our grave concerns,” noted the EU chief observer for the elections.

    In an online discussion held on Friday by the Southern African Liaison Office, which is based in South Africa, African studies professor Kealeboga Maphunye of the University of South Africa stated, “At this stage it’s all pointing towards a disputed election.”

  • EOCO recovers GHS79m from crime proceeds

    The Economic and Organised Crime Office (EOCO) has announced a successful recovery of GH¢79 million in proceeds of crime by the end of June 2023, surpassing its annual goal of GH¢60 million.

    According to a report by graphic.com.gh, in 2022, EOCO retrieved GH¢50 million crime proceeds, exceeding its target of GH¢30 million.

    These proceeds were obtained from both businesses and individuals who had under-reported taxes to the Ghana Revenue Authority (GRA), as well as from those who had acquired wealth unlawfully, often at the expense of state entities such as the Gaming Commission and the National Pensions Regulatory Authority (NPRA).

    Proceeds of crime refer to funds or assets acquired by criminals through illegal activities or illicit wealth accumulation, often at the detriment of the state.

    During an interaction with the media on August 23, 2023, the Executive Director of EOCO, Commissioner of Police (COP), Maame Yaa Tiwaa Addo-Danquah, noted that several gains by the office extended beyond financial gains.

    Among these achievements were rescuing and reuniting human trafficking victims with their families, raising awareness about activities that could make individuals vulnerable to economic and organized crime perpetrators, and collaborating with law enforcement agencies to combat and prevent criminal activities.

    COP Maame Tiwa also shed light on EOCO’s crucial role in the country’s fight against economic and organised crimes.

    She noted that one of the primary pillars of EOCO’s five-year strategic plan (2023-2028) involves collaborating with the media to educate the public about the office’s operations and also sensitise citizens about preventable crimes.

    She said EOCO operated an open-door policy and was ready to partner the media to fight crime in Ghana.

    Also, she highlighted EOCO’s commitment to working alongside international partners to clamp down on criminals who committed offenses abroad but can be traced back to Ghana, ensuring their prosecution and accountability.

    The Economic and Organised Crime Office (EOCO) devised a comprehensive five-year strategic plan, aiming to recover and manage GH¢350 million in proceeds of crime by June 2028.

    The office’s mandate includes investigations into various offenses, including financial loss to the state, money laundering, human trafficking, cyber crimes, tax fraud, and other serious transgressions.

    As per Section three of the EOCO Act, 2010 (Act 804), the office is vested with the authority to take actions towards recuperating proceeds from such criminal activities.

  • BRICS GDP to increase by 36% after expansion

    BRICS GDP to increase by 36% after expansion

    The Gross Domestic Product of the BRICS accounts for 36% of the global GDP and 47% of the world’s population today. This comes after the six new BRICS members were revealed.

    “We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates to become full members of BRICS. The membership will take effect from 1 January 2024.” announced Cyril Ramaphosa President of South Africa

    According to India, the six new nations demonstrate the BRICS’ commitment to unity.

    “India will continue to build consensus for those countries wishing to join BRICS. Expansion & modernisation of BRICS is a message that global institutions must mold themselves to changing times,” said India Prime Minister Narendra Modi.

    In reaction to the bloc expansion, the BRICS Sherpa said they received applications from 22 countries.

    “We had applications from 22 countries. All of these countries we have taken on board had applied formally. Expansion had to happen in a structured manner,” stated Ambassador Anil Sooklal BRICS Sherpa

    The Johannesburg Declaration 2, which was issued at the BRICS Summit this year in South Africa, is anticipated to promote the growth of the BRICS countries and produce more equitable economic policies for all of the participants.

    The Johannesburg Declaration 2, which was issued at the BRICS Summit this year in South Africa, is anticipated to promote the growth of the BRICS countries and produce more equitable economic policies for all of the participants.

  • The married man I dated made me who I am – Mzbel

    Ghanaian songstress, Mzbel, has revealed that her association with a married man who also held a managerial role has been profoundly advantageous to her.

    The seasoned Ghanaian vocalist shared that it was this particular ‘boss’ who not only identified her talent but also fostered and motivated her to venture into the music industry, ultimately shaping her into the renowned ‘Mzbel’ of today.

    Mzbel emphasized that her journey to her current level of accomplishment might not have been possible had she declined the romantic advances of her married boss at the time.

    Speaking on Angel TV, the artist behind the ‘legelege’ hit expressed her thoughts during a conversation centered around office relationships.

    When prompted about her experiences or knowledge regarding workplace romances, she responded,

    “I have heard plenty of stories on office romance. I am even an example. When I started my career at the Hush Hush studios, had it not been for office romance, I don’t know where I would be today.

    “The owner of the job and I were in an amorous relationship. It was through our relationship that he found out that I had an interest in dance and entertainment. He encouraged me to do music and I heeded to his advice and guidance. See where I am today. If I rejected his proposal with the excuse that he is a married man, I wouldn’t be where I am today.”

    She insisted that their relationship went beyond sexual fulfillment and that she truly loved him.

    “It wasn’t a mere sexual affair because I was in love with him,” Mzbel averred.

  • 30% of world’s GDP to be controlled by BRICS

    30% of world’s GDP to be controlled by BRICS

    Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates have been officially approved as full members of the emerging economies consortium known as BRICS, comprising Brazil, Russia, India, China, and South Africa.

    South Africa’s President Cyril Ramaphosa disclosed this unanimous decision during a Heads of State press briefing on the final day of the 15th BRICS Summit, held in Johannesburg, South Africa. This expanded membership will take effect on January 1, 2024.

    With this inclusion, the BRICS economic alliance will collectively exert influence over approximately 30 percent of the global GDP. Notably, China leads the group with a GDP of US$19.3 trillion, followed by India at US$3.7 trillion, Brazil at US$2.1 trillion, Russia at US$2 trillion, Saudi Arabia at US$1 trillion, and Argentina at US$0.6 trillion.

    The United Arab Emirates contributes US$0.4 trillion to this economic bloc, while South Africa and Egypt each possess US$0.4 trillion. Iran’s GDP stands at US$0.36 trillion, with Ethiopia completing the list at US$0.15 trillion.

    Collectively, this expanded BRICS consortium commands a combined GDP valued at US$30.51 trillion, representing 30 percent of the global economy.

    “As the five BRICS countries, we have reached an agreement on the guiding principles, standards, criteria and procedures of the BRICS expansion process, which has been under discussion for quite a while. We have a consensus on the first phase of this expansion process, and further phases will follow. We value the interest of other countries in building a partnership with BRICS,” Mr. Ramaphosa said.

    He added: “We have tasked our foreign ministers to further develop the BRICS partner-country model and a list of prospective partner countries and report by the next summit”.

    According to sources, the aggregate gross domestic product of the five BRICS countries exceeds that of the G7 in terms of buying power parity. The BRICS nations collectively account for 26% of the world’s nominal GDP.

    3.2 billion people, or 41% of the world’s population, live in the BRICS countries together, and they occupy 26.7 percent of the planet’s land area.

    Comments on expansion

    China President Xi Jinping, commenting on the expansion, said: “I welcome all the new members of the BRICS organisation. This membership expansion is historic, it shows unity and meets the demands of the growing world. I am confident that if we work with a common interest and in unity, we will reach greater heights”.

    The action was praised by Indian Prime Minister Narendra Modi, who also commended South Africa for holding the conference successfully.

    “On the 15th anniversary of BRICS, we have decided to expand it. India has always believed in the expansion of BRICS because we believe it will give us a new impetus. I would like to congratulate the new members of BRICS. India has ancient ties with all the new member countries. The expansion of BRICS and modernisation shows that all world institutions should change with time,” he said.

    For his part, President Vladimir Putin, who attended the summit virtually, said: “With the efforts they [leaders] have made, I would like to note that it turned out that this was a unique diplomatic mastery— including BRICS expansion. I would like to call for more expansion of BRICS around the world. We will also establish the procedures so that BRICS continue to grow”.

  • Eric Kortey advises govt to decrease E-Levy in order to encourage adoption of digital payment

    Eric Kortey advises govt to decrease E-Levy in order to encourage adoption of digital payment

    In an effort to promote greater digital adoption, particularly within the business sector, Eric Kortey, the General Manager of Cellulant Ghana Limited, has highlighted the necessity of addressing certain obstacles.

    Kortey emphasized that for the purpose of enhancing digital payments, the government should consider reducing the fees associated with electronic transfers, also known as the E-Levy.

    According to his viewpoint, this reduction in costs would facilitate increased usage of digital payments by both individuals and businesses.

    Speaking on the theme “Addressing barriers to digital payments in Ghana” at an MTN MoMo forum in Accra, Eric Kortey said, “This payment system provides such a volume-based business – you either keep the cost high and get less or you reduce it and get more.”

    “Since we want to increase digital adoption, reducing E-Levy charges would help address such barriers.”

    Data from the FinTech division at the Bank of Ghana indicates that the proportion of active mobile money accounts in relation to registered mobile money accounts declined from 38.8 percent in June 2021 to 37.0 percent in June 2023.

    The government introduced the E-Levy as a part of its strategy to enhance domestic revenue mobilization.

    Following widespread criticism, the E-Levy tax underwent revision, decreasing from 1.5% to 1%.

    Insights from the Ghana Revenue Authority (GRA) disclose that the Electronic Levy (E-Levy) generated revenue amounting to GH¢246.9 million. This contribution accounted for 11 percent of the projected revenue of GH¢2.24 billion for the fiscal year.

    Since its implementation in May 2022, the E-Levy has accumulated a total revenue of GH¢861.47 million by March 2023.

  • Niger to permit entry of additional junta forces in the event of an attack

    Niger to permit entry of additional junta forces in the event of an attack

    Gen Abdourahamane Tchiani, the leader of the coup in Niger, has issued an order that permits the military administrations of Mali and Burkina Faso to deploy their forces within Niger’s borders for the purpose of aiding in defense against a potential attack.

    This declaration followed a visit to Niamey by the foreign ministers of Burkina Faso, Olivia Rouamba, and Mali, Abdoulaye Diop, on Thursday.

    In response to the ousting of democratically elected President Mohamed Bazoum by a faction of army officers last month, the West African regional organization, Ecowas, has threatened to utilize military intervention to reinstate him.

    While Ecowas has been engaging in diplomatic negotiations with the coup leaders, the organization has underscored its readiness to dispatch troops if these diplomatic efforts prove unsuccessful.

  • Man in Nottingham uses bread knife to stab housemate

    Man in Nottingham uses bread knife to stab housemate

    A man has been sentenced to imprisonment for stabbing his housemate in the head and neck while yelling “I will kill you.”

    Yehya Mahdi admitted to authorities that he had consumed 12 cans of beer and armed himself with a bread knife prior to carrying out the assault. The incident took place on January 14th at their Home Office-approved mid-terrace residence on Sneinton Boulevard in Nottingham. Both individuals involved were asylum seekers.

    Nottingham Crown Court imposed a sentence of two years and eight months on Mahdi.

    The assailant, originally from Sudan, expressed his dislike for his housemate, attributing his animosity to the fact that the victim hailed from Libya – a country he held responsible for his brother’s death.

    According to Nottinghamshire Police, the victim overheard Mahdi creating a commotion and using foul language within the house shortly before the attack occurred. The victim remained in his room until Mahdi knocked on his door, pretending to be…

    ‘One violent man’

    Following the assault, the individual who was attacked successfully repelled Mahdi’s advances and fled the scene, as reported by the authorities.

    Upon receiving the distress call, law enforcement arrived at the location to discover the victim injured and bleeding on the premises.

    The victim was subsequently transported to a hospital and admitted to intensive care. Fortunately, his condition improved significantly, leading to his discharge after five days.

    Mahdi admitted his guilt in committing grievous bodily harm and received a prison sentence on Monday.

    Yehya Mahdi being arrested
    Image caption,Mahdi was arrested at the property minutes after the attack

    Det Con Rory Greer described Mahdi as a “dangerous individual”.

    “This was a horrific attack and it was only by pure luck that the victim was not more seriously hurt,” he said.

    “Having escaped a war in Libya, the victim had come to the UK as an asylum seeker in order to try and create a better life for himself.

    “By coming here, he believed he would be much safer – but this proved not to be the case because of the actions of one violent man.”

  • Brics conference features debate over East African oil pipeline

    Brics conference features debate over East African oil pipeline

    The Brics Summit in South Africa became the stage for a political discourse concerning the financing of East Africa’s oil pipeline (Eacop). Environmentalists utilized the event to once again voice opposition to the project. While authorities view it as an economic enhancer, critics argue that it poses a threat to the ecosystem.

    During the Summit, Chinese officials faced criticism for their support of fossil fuel ventures in Africa. On the sidelines of the event in South Africa, Chinese representatives encountered strong criticism for their backing of the contentious East African Crude Oil Pipeline (Eacop) that extends from Uganda to Tanzania.

    Protesters mobilized outside the Sandton venue to express their grievances against China’s involvement. They urged Beijing to consider local and global concerns and shift its investment focus towards a sustainable renewable future, instead of endorsing fossil fuel initiatives that contribute to climate change.

    “China is rapidly upscaling renewable energy projects at home but is funding #fossilfuels in Africa. This is what we’re against. We need the #Brics to adopt a new model and a new approach-based ion sustainability and transparency,” the #StopEacop campaign tweeted on Thursday.

    The activists claimed that Beijing’s involvement in fossil fuel projects in Africa is what they view as a friendship of resource-driven, exploitative, and destructive endeavors. Zaki Mamdoo, Coordinator of 350.org’s StopEacop campaign, compared China’s actions to colonialism.

    “We cannot accept that China and other rising global powers are pursuing the same colonial extraction & exploitation of the last 400yrs. We demand a stop to all new fossil fuel projects in Africa & a just & equitable partnership model of collective benefit,” he tweeted.

    Among the international non-governmental organizations actively opposing the $5 billion East African Crude Oil Pipeline (Eacop), which is poised to claim the distinction of being the world’s lengthiest heated pipeline, is 350.org. This pipeline is deemed a climate catastrophe that stands to undermine the objectives of the Paris Agreement, which aims to reduce greenhouse gas emissions and constrain temperature increases to 1.5 °C on a global scale.

    The primary investor in the pipeline project is TotalEnergies, holding a 62 percent stake. Alongside, the Uganda National Oil Company and Tanzania Petroleum Development Corporation each possess a 15 percent share, while the China National Offshore Oil Corporation holds an 8 percent stake.

    “However, with risk averse western lenders reducing their exposure to environmentally projects, including oil and gas projects, the project’s shareholders have increasingly looked to China as the source of financing to close the $1.8 billion funding shortfall,” Uganda’s Energy Minister Ruth Nankabirwa said in May.

    Kampala’s government officials have pointed to the China Exim Bank and the Industrial and Commercial Bank of China (ICBC) as potential funding sources, sparking a shift in activist efforts to target Beijing within the context of the BRICS. This action accuses China of leveraging its financial power to maintain Africa’s reliance on its loans.

    Handling the Eacop financing, ICBC, along with South Africa-based pan-African institution Standard Bank (including its subsidiary Stanbic Bank in Uganda), and Japan’s Sumitomo Mitsui Banking Corporation (SMBC), act as transaction advisors.

    Officials in Kampala have indicated that a major share of the funding for the 1443km pipeline’s construction will originate from Chinese lenders. In addition, banks from Africa and the Middle East have also participated in financing a portion of the project’s debt.

    Eacop’s financial structure comprises 60 percent debt and 40 percent equity, with the debt estimated to range between $2 to $3 billion, as outlined in the 2023 meeting minutes of TotalEnergies shareholders.

    Protests emerged outside the Johannesburg headquarters of Standard Bank in June, with activists criticizing the institution for its involvement in the contentious project. Unconfirmed reports suggested that ICBC transferred approximately $1-2 billion to Standard Bank, a shareholder in ICBC, to bolster the financier’s capacity for lending to Eacop.

    Kenny Fihla, the Chief Executive of Standard Bank, previously emphasized that the bank might possess limited influence over the decision-making process regarding the project’s continuation.

    “In our view the involvement, or lack thereof of Standard Bank is material to the outcome of their [activists] own cause. And we have no problem with that,” he told SABC in June.

  • Japanese investors have been received in Ghana by GIPC

    Japanese investors have been received in Ghana by GIPC

    On August 21, 2023, the Ghana Investment Promotion Centre (GIPC) joined forces with the Japan External Trade Organization (JETRO) to orchestrate a Business Forum centered around Ghana’s investment and regulatory environment.

    The occasion offered a platform to familiarize the Japanese Business Community with the prevailing investment trends and prospects spanning various sectors in Ghana. This served as a guiding resource for their expansion and investment deliberations.

    The Forum also acted as a conduit for existing Japanese investors currently operational in Ghana to become acquainted with GIPC’s potential role in facilitating their business activities within the country. Additionally, they were informed about the distinctive Aftercare services designed to tackle post-establishment concerns.

    Addressing the gathering, Mr. Yofi Grant, the CEO of the GIPC, emphasized the ongoing dynamic engagement between Ghana and the Japanese business community. Notably, Japan stood as the 12th largest contributor of foreign direct investment (FDI) to Ghana between 2017 and 2022.

    He acknowledged that while the current economic landscape bears challenges as nations recover from global political and health crises, numerous opportunities still exist in Ghana and across Africa, waiting for investors to harness.

    “Beyond all that is happening in the world, there is a tacit agreement that Africa has a significant role to play in reviving the global economy, considering its vast unexplored resources and market. We believe that Ghana is an entry point to this real potential” Mr. Grant mentioned.

    He added that “Ghana recognizes the quality of Japanese business operations and is very keen on exploring and maintaining mutually beneficial partnerships with the Japanese business community”.

    Hisanobu Mochizuki, the Japanese ambassador to Ghana, addressed the audience after waiting his turn to speak. He highlighted that over the previous ten years, there have been more Japanese investments in Ghana, and there is still room for more.

    He also discussed several problems with the investment climate, but he told the Japanese investors that GIPC would work with them to find solutions.

    “We recognize GIPC as an important partner in assisting our companies overcome the challenges that they may face in doing business in Ghana,” he noted.

    Adding to the discussions, Mr. Hiroaki Sekine, the Director General of JETRO’s Accra Office, pointed out factors such as “complex administrative procedures, volatile exchange rates, and security” as contributors to Japan’s comparably lower level of investment in Africa. He revealed that Japanese investments in 2022 reached a total of 175 billion USD, distributed as follows: 36% in the US, 24% in the EU, 24% in Asia, 8% in Central & South America, 6.5% in Oceania, and 1% in Africa.

    Nevertheless, he conveyed optimism regarding increased investment flows to Africa, especially Ghana, from Japan. He urged the GIPC to assist in addressing challenges faced by investors, aiming to position the country as the premier investment destination in the region.

    Following Mr. Sekine’s remarks, presentations were made by Eugenia Okyere, GIPC’s Head of Research, and Vivian Ampadu, a Senior Investment Officer from the Aftercare team. They respectively delved into the pattern of Japanese investment in Ghana and how GIPC can offer support to Japanese enterprises regarding post-establishment matters.

    Subsequently, participants were afforded the opportunity to express their concerns and offer suggestions related to operational obstacles and necessary support systems for advancing progress in Ghana.

  • Kwame Pianima says BoG Governor, deputies contributed to save struggling economy

    Kwame Pianima says BoG Governor, deputies contributed to save struggling economy

    The Central Bank Governor, Dr. Ernest Addison, and his two deputy governors have been the subject of recent calls for their resignation, according to renowned economist Dr. Kwame Pianim. He has stated that these requests are unwarranted.

    He stated that the BoG Governor and his deputies had done nothing wrong by lending support for the struggling economy and taking haircuts in relation to the government’s Domestic Debt Exchange Programme.

    In an interview with Accra-based TV3, Kwame Pianim claimed that the BoG Governor and his team had not engaged in any fraud or criminal activity and that accusations of poor management and ineptitude are unsupportable.

    “Resignation does not solve any problem. If the Governor resigns now, what happens, the same Minister of Finance [Ken Ofori-Atta] who is at the core of the economic crises recommends to the same president [Akufo-Addo] a new person? They appoint somebody who doesn’t know the terrain, who hasn’t gone through this experience to be able to solve the problem, No”.

    “What I am saying is that was it through incompetence, No. Not incompetence. Was it through fraud? Did the Governor benefit? Did any of his company benefit from what he did? No,” the renowned economist pointed out.

    Dr. Pianim continued by saying that there was nothing improper about the Central Bank’s decision to boost the nation’s economy without first consulting Parliament, and that the BoG did not require parliamentary authorization to do so.

    “I don’t recall that they [BoG] need parliamentary approval. Remember, we suspended the Fiscal Responsibility Act. When the fiscal responsibility was removed it was saying in effect, we cannot obey the regulations that we have governing the fiscal so we are suspending it”.

    “When the Minister of Finance went to parliament and they agreed to suspend the Fiscal Responsibility Act, parliament should have asked, what happens to the equivalent that is the Monetary Policy Act which is Article 36 of the Amendment BoG Act which says that if there is an emergency and BoG needs to be able to suspend the rules surrounding monetary policy what they do is to inform the Minister of Finance”, Pianim explained.

    He did, however, point out that the Finance Minister is in charge of informing the Parliament of such topics.

    “We didn’t make BoG responsible to go to parliament. So, when the Minister of Finance went to parliament to suspend the Fiscal Responsibility Act, somebody from the opposition should have asked, what happened to Article 36 of the Banking Act…and the Minister should have said concurrently that part is also suspended because you cannot suspend the Fiscal Responsibility Act and leave the complimentary dimensions on the monetary policy side,” the economist said.

  • Niger coup: Gbagbo tells ECOWAS to “Use standby force to fight terrorists”

    Niger coup: Gbagbo tells ECOWAS to “Use standby force to fight terrorists”

    The Economic Community of West African States’ (ECOWAS) announced plans to send its reserve force into Niger have drawn criticism from the former president of Ivory Coast, Laurent Gbagbo.

    The action is a part of strategies to undo the July 26 coup that led to President Mohamed Bazoum’s ouster.

    In an interview earlier this week, Gbagbo criticized the president of Ivory Coast for allegedly preparing to send Ivorian military on the ground before branding any action “madness.”

    “When I heard Alassane Ouattara say he is going to send a battalion to Niger, I laughed so much. You can tell he didn’t make the Army. I made the army. One battalion is three companies. You can’t occupy BoboDioulasso neighborhood with that.”

    “I advise ECOWAS to use its standby force to fight terrorists in West Africa,” he said.

    “Bazoum’s fate is already sealed. It will be madness to send soldiers to Niger for free killings,” he stressed adding that he expected the junta in Niamey to release Bazoum who remains under detention.

    “I want Bazoum to be released, but I don’t want this war to take place. It would be the most stupid war,” he stressed in the August 22 interview with Le Monde Afrique.

    Former head of state of Nigeria and ECOWAS mediator Abdul salami Abubakar told the BBC this week that there was hope for a diplomatic solution and that no one desired violence. However, a security expert with a focus on West Africa has revealed that a deployment is about to take place and that six nations, including Ghana, Ivory Coast, Senegal, Benin, Guinea-Bissau, and Nigeria, are prepared to provide troops.

  • We appreciate the sacrifices made by DDEP participants – Finance Ministry

    We appreciate the sacrifices made by DDEP participants – Finance Ministry

    Minister of State in charge of the Finance Ministry, Dr. Mohammed Amin Adam, has thanked all participants in the government’s Domestic Debt Exchange Programme (DDEP), which was introduced in December 2022.

    The first coupon payments are important to keeping the economy going, he said, because the government, especially the Ministry of Finance, has duly acknowledged the sacrifices made by all participants during a particularly trying time.

    Dr. Amin Adam stated that “the first payment of matured coupons to bondholders is key for our economy and I want to thank all DDEP participants for their sacrifices” during an interview on JoyNews’ PM Business edition show.

    “The IMF review is taking place next month [September] and it would have been very bad for us if government defaulted on making the coupon payments and it’s important to note that around the same time, we have three debt exchanges ongoing and if we default on making payments, the consequences would be dire on our economy,” he added.

    On August 23, 2023, the government officially affirmed the complete settlement of the initial coupon, valued at GH¢2,369,667,190.18 (approximately 2.4 billion Ghana Cedis), from the DDEP.

    Through a statement released by the Ministry of Finance, the government restated its unwavering dedication to fulfilling all forthcoming payment commitments, adhering to the stipulations outlined in the new agreements.

    The statement further highlighted that the fresh government bonds now hold a central position within the domestic bond market, serving as the cornerstone for fostering economic recovery.

    In December 2022, Ghana’s government launched the DDEP as a strategic move to restructure the nation’s unsustainable debt stance. This initiative extended an invitation to eligible bondholders to exchange their existing bonds for new ones featuring extended maturities and reduced interest rates.

  • We have created an arrears clearance strategy to settle road contractors – Minister

    We have created an arrears clearance strategy to settle road contractors – Minister

    Minister of State in charge of the Finance Ministry, Dr. Amin Adam, has stated that government has created an arrears clearance strategy to settle payments due to road contractors for completed work.

    He claims that the proposal is a component of the requirements established by the IMF during Ghana’s initial review of the current bailout program.

    “The plan is a commitment to clear the arrears over a number of years and contractors must be assured that government will remain committed over that period to clear arrears owed them”

    “These arrears have been accumulated over several years and if even if a contractor has worked on a project 10 years ago, they are still entitled to be paid and so we should be fair to all that owe and for example if we are negotiating our debts, it is because we want to be able to honor these obligations and arrears side which is also important to find a way to pay them”.

    On August 24, 2023, Dr. Amin Adam revealed this in an interview with Joy News’ PM Express Business segment.

    The Akufo-Addo administration’s GH5.9 billion debt to its members has been requested immediately by the Association of Road Contractors Ghana.

    They contend that paying arrears is necessary to keep their businesses operating and enable them to pay their creditors.

  • Young boy shares transformation photo from being handsome to being beautiful

    Young boy shares transformation photo from being handsome to being beautiful

    A young individual has left many TikTok users amazed by the remarkable transformation their body has undergone over the years.

    The person, known as Stacywiss on TikTok, shared a comparative post featuring images from 2004 during their secondary school days and a recent photograph.

    In the earlier picture, the young person appeared smaller and had a darker complexion. However, the new photo showcases them as a grown and fair-skinned adult. The video consists of two side-by-side slides, which have garnered over 294k likes from TikTok users.

    The initial image captures the person during their secondary school phase in 2004 when they were notably younger and of a smaller build.

    In contrast, the subsequent photo from 2023 exhibits a fully grown and well-nourished individual. Apart from the remarkable change in their physical stature, the person’s complexion has notably lightened, diverging from their darker complexion in the past.

    Here is how some social media users reacted to his post:

    @rosemaryalphonce3 said: “From being a man to being beautiful.”

     @user9976956517213 commented: “Everyone is black before the money comes to him.”

    @user54256683651728 commented: “It’s better to shave to look gentle like in the old days.”

    @khadijakhanmaleng said: “Why have you become an Arab?”

    @M said: “You are a very handsome man.”

    @Naomi commented: “Why did you become black?” Read

    @

    ♬ –
  • Roads Minister exposes corrupt staff in his ministry

    Roads Minister exposes corrupt staff in his ministry

    Roads and Highways Minister, Kwasi Amoako-Attah has profusely stated that he will expose all stuff workers engaged in corrupt activities within his ministry.

    According to him some persons have compromised on the values of his sector and it is grayly affecting the lifespan of roads in the country.

    In a viral video, Mr. Mr. Amoako-Attah was heard calling out his stuff members as thieves and corrupt.

    “There are Azile road centers who determine the required weight every road should carry. But because of corruption, the truck drivers feely pass through because you and I are not there. I am about to expose all of them in my ministry. I admit that majority of azile road staff members are thieves. At a point we exposed them, arrested them, and invited national security to deal with them but it didn’t get anywhere, he explained to the media.

    The angry roads minister recently rebuked and arrested some illegal miners whose activities near a mine site were causing gridlock and spreading mud on the tarred road in Akrofufu in the Atiwa West District of Western region.

    A group of illegal miners were transporting an excavator using a low-bed truck near the roadside. This activity resulted in the splattering of mud on the paved road and subsequently led to a traffic jam.

    Over the weekend, the Minister, who also holds the position of Member of Parliament for the region, was accompanied by several governing New Patriotic Party (NPP) constituency executives. While returning from a funeral in Twapease, they unexpectedly encountered the traffic congestion.

    Observing the disorder created on the road by the unauthorized miners and the resulting damage to the road’s shoulders, the Minister became visibly angered. He promptly instructed his police escort to apprehend the illicit miners. While two of them were successfully detained, the rest managed to flee.

    The individuals engaged in illegal mining were subsequently compelled to cleanse the road, covering a distance of approximately one kilometer, by removing the mud they had spread.

    Source: The Independent Ghana | Amanda Cartey

  • 2023 Edition of Ghana Teacher Prize launched

    2023 Edition of Ghana Teacher Prize launched

    The launch of the 2023 edition of the Ghana Teacher Prize (GTP), which aims to recognize and reward dedicated teachers across the nation, took place in Accra.

    This year’s event will introduce the College of Education Category, where exceptional educators will be acknowledged for their contributions.

    Scheduled for October 5, 2023, the event will coincide with World Teachers’ Day and will be hosted at the auditorium of the Ghana Secondary Technical School (GSTS) in the Western Region.

    During the launch, Dr. Yaw Osei Adutwum, the Minister of Education, emphasized the integration of technology to enhance the role of educators, ensuring that education reaches a broader population.

    The minister stressed the importance of aligning the education system with the socio-economic needs of the nation, highlighting the government’s commitment to advancing the Science, Technology, Engineering, and Mathematics (STEM) initiative.

    Recognizing teachers’ vital role in national development, he affirmed that a qualified, enthusiastic, and motivated teaching workforce is indispensable for maintaining educational quality.

    Introduction of aviation course

    Dr. Adutwum further stated that from the following academic year, some chosen senior high schools (SHSs) will begin teaching aviation and aerospace courses as a “pipeline” to the study of the course in universities.

    In actuality, it won’t be a club anymore.

    Our secondary schools will now offer a course in aviation and aerospace.

    It has long been practiced in the US.

    “If it is the first time your students are hearing about aviation and aerospace in the university, then you are late.

    It has to be a pipeline and that is the pipeline that we are creating,” he said.

    Significance

    Christian Addai-Poku, the Registrar at the National Teaching Council, said Dr. Adutwum spearheaded the Best College Tutor Category to recognize valiant professors in colleges of education who prepared and fostered students to become teachers in elementary schools all throughout the nation.

    “The World Teachers’ Day is set aside globally to commemorate the adoption of a joint UNESCO and ILO recommendation on the status of the teacher which was adopted in the year 1966.

    “Ghana has since 1995 used the occasion to recognise our hardworking teachers for their immeasurable contribution to our dear country,” he said.

    According to Angel Carbonu, president of the National Association of Graduate Teachers (NAGRAT), some union members had allegedly been transferred to other organizations without their knowledge or consent.

    He claimed, for instance, that Dr. Addai-Poku, a former president of NAGRAT, had his name deleted from the association’s membership list and forwarded to another union.

    Awards

    Within the Teacher Category, the grand recipient of the GTP will be awarded a three-bedroom apartment, with the second and third place awardees earning a 4X4 Pick-up vehicle and a saloon car respectively.

    For those excelling in the Teacher in Leadership and Administration Category, the top achiever will be granted a saloon car, while the second and third place recipients will receive monetary rewards.

    In the Non-teaching Staff Category, the victor will be granted a saloon car, while both the first and second position winners will be presented with monetary prizes.

    In the College of Education Tutor Category, the highest achiever will be granted a 4×4 Pick-up vehicle, and monetary awards will be distributed to the individuals securing the first and second ranks.

    The event’s sponsors encompass notable entities such as the Ghana Education Trust Fund, GCB Bank Limited, GES Occupational Pension Scheme, GLICO Pensions, Prudential Bank, Data Banc, Petra Trust, SIC Life, IC Securities, and Investcorp.

  • Zimbabwe takes action against ‘parallel’ election results

    Zimbabwe takes action against ‘parallel’ election results

    39 independent election monitors from two civil society organizations have been detained by the Zimbabwean police. They are accused of engaging in an illicit parallel voter tabulation exercise.

    These arrests followed the decision to extend voting into a second day for specific wards due to the disorderly events in Wednesday’s presidential, parliamentary, and local government elections.

    Delays in the opening of polling stations in most urban centers were attributed to a shortage of election materials, prompting protests from Nelson Chamisa, the primary opposition presidential candidate representing the Citizens Coalition for Change (CCC).

    Chamisa, who is actively working to dislodge President Emmerson Mnangagwa from power, alleged that there were efforts to manipulate the elections in areas where the opposition holds substantial influence.

    According to the police, they conducted raids on the facilities where monitors associated with the Zimbabwe Election Support Network (ZESN) and Election Resource Centre (ERC) were operating on Wednesday night.

    “A raid was conducted last night (Wednesday) at Holiday Inn in Harare, at a location in Belgravia, Milton Park and also in the Grange area where several communication gadgets were recovered, which include laptops and phones,” police spokesman Assistant Commissioner Paul Nyathi said.

    “Thirty-nine suspects were arrested. These were coordinating the alleged release of election results by some civic organisations, which are linked to the Zimbabwe Election Support Network, the Election Resource Centre and others.”

    Rights group condemned the arrests, which they said were meant to stop voter tabulation.

    “The arrest of the ZESN and ERC officials is part of a deliberate ploy by the state to target civil society organisations and ultimately silence their voice on the 2023 elections which has apparently failed to meet the credibility test,” the Crisis Coalition in Zimbabwe (CCiZ), a group of over 40 civil society groups, said.

    “This mass arrest of the ZESN and ERC observers coupled with many other electoral malpractices puts a huge dent on the credibility of this election.”

    On the eve of the elections, Zimbabwe deported at least six foreign researchers from South Africa and the United Kingdom after accusing them of trying to interfere in the polls.

    The government has also refused to accredit journalists from the Voice of America’s Zimbabwe’s service while local media practitioners said they were experiencing inordinate delays in getting accreditation from the electoral commission.

    The United States’ Carter Centre said its observers were also being denied accreditation and that they were being demonised by the local state-controlled media.

    The European Union observer mission last week said it had taken note of “unacceptable attempts to discredit” it after state-controlled media ran stories claiming that it bribed local journalists with whiskey and groceries.

    President Mnangagwa, who came to power in 2017 following a military coup that toppled strongman Robert Mugabe, has been accused of trying to rig the elections where he is seeking his last term.

    He previously said he had invited foreign observers because Zimbabwe had nothing to hide as it was organising a clean election.

  • Sammi Awuku reveals IMF surprised by Ghana’s economic recovery

    Sammi Awuku reveals IMF surprised by Ghana’s economic recovery

    The Director-General of the National Lotteries Authority, Sammi Awuku, has expressed his approval of the actions undertaken by the Akufo-Addo administration to rejuvenate the struggling Ghanaian economy. Awuku commends the government’s implementation of significant measures, which he believes will yield positive results in the near future.

    During an appearance on Metro TV’s Good Evening Ghana program on Tuesday, August 22, the former National Organiser of the New Patriotic Party noted that even the International Monetary Fund (IMF) has been impressed by the country’s economic recovery efforts. Despite acknowledging the current difficulties, Awuku, who now leads the NLA, is optimistic about the days ahead, asserting that brighter times are on the horizon.

    Awuku passionately encouraged Ghanaians to rally behind the government’s efforts in order to facilitate the restoration of the economy, ultimately benefiting the entire nation.

    “We have to celebrate our modest success story which became the toast of the world. But now post Covid-19, the IMF itself is shocked at Ghana’s economy recovery. It’s been faster than they expected.”

    “So these builders of the economy I am confident that they will be able to take us through these difficult moments that we find ourselves,” he said. 

    President Akufo-Addo received accolades from Mr. Awuku for acknowledging the difficult circumstances in which the nation finds itself.

    He claimed that was the sign of a moral and trustworthy leader.

  • “I miss you” – Abena Korkor tells Criss Waddle

    “I miss you” – Abena Korkor tells Criss Waddle

    Criss Waddle’s outstanding bedside manner has received public acclaim, and Abena Korkor says he misses him.

    The socialite advocate just posted an update in which she discussed her experiences and difficulties with relationships and mental health.

    Her widely shared article also covered her personal relationships and contacts with several men, some of whom she claims gave her cash incentives in exchange for sexual favors.

    Among the names brought to light in Abena Korkor’s revelations is Alex, reportedly identified as the proprietor of Peduase Lodge. She asserts that Alex extended a substantial offer of $20,000 in exchange for sexual favors.

    Notable individuals such as veteran media personality Randy Abbey have also emerged on Abena Korkor’s updated roster.

    Amidst her candid confessions, Abena Korkor also expressed her aspiration to seize opportunities associated with financial stability, a stark contrast to her previous struggles that she symbolically described as “taking troski” (public transportation).

    The update also surprisingly acknowledges musician Criss Waddle, hinting at a previous romantic connection.

  • Paul Kagame issues warning to Catholic tourists who “worship poverty”

    Paul Kagame issues warning to Catholic tourists who “worship poverty”

    Rwandan President Paul Kagame has issued a warning of potentially taking action against Catholic believers who make pilgrimages to a worldwide sacred site in his country, asserting that they are “revering destitution.”

    Each year, a multitude of individuals, often journeying for numerous days on foot, make their way to Kibeho, a southern Rwandan town where it is believed that the Virgin Mary appeared to three schoolgirls over forty years ago.

    However, Kagame expressed his criticism towards the pilgrims following a Catholic mass attended by over 20,000 people in the hillside town on August 15, the Feast of the Assumption.

    Rwandan President Paul Kagame has threatened to round up Catholic faithful who visit a global pilgrimage site in his country, accusing them of “worshipping poverty”.

    In an address to a youth conference on Wednesday, he described the pilgrimage to Kibeho, where the three teenagers said the mother of Christ appeared to them in November 1981, as “horrible”.

    “I thought that when you pray, you are praying for what can help improve your lives, praying to get rich and get out of poverty,” he said.

    “No one must worship poverty. Do not ever do that again… If I ever hear about this again, that people travelled to go and worship poverty, I will bring trucks and round them up and imprison them, and only release them when the poverty mentality has left them,” said Kagame, himself a Catholic.

    It is not clear what prompted the outburst by Rwanda’s iron-fisted ruler and the Catholic Church in the country has not yet made any public comment.

    The 1981 event was authenticated by the Vatican in 2001 and the site has become a popular destination for Catholic pilgrims from all over the world, many hoping for miracles or cures for illness.

    Local media reported earlier this month that the Catholic Church is seeking funding of Rwf3.5 billion ($3 million) to expand Kibeho.

    Almost all Rwandans are Christians, with Catholics making up roughly half the population.

  • Unspecified number of people feared dead as Multi-story building collapses in Abuja

    Unspecified number of people feared dead as Multi-story building collapses in Abuja

    An unspecified number of individuals have reportedly lost their lives in the aftermath of a multi-story building collapse in the Federal Capital Territory, FCT, Abuja.

    Reports indicate that the incident occurred during the night on Wednesday due to a heavy downpour.

    Situated on the bustling Lagos Street in the Garki village of the Garki II district in Abuja, the building’s collapse has caused significant disruption.

    As of now, the particulars of the incident remain limited. However, Ikharo Attah, a former aide to the immediate past Minister of the FCT, confirmed the situation through a post on his Facebook page. He shared that ongoing rescue efforts are in progress.

    He further revealed that approximately seven individuals have been successfully rescued and transported to hospitals, while others remain trapped in the wreckage.

  • Cooking oil mixed with water, packets of sugar filled with sand found in warehouse by Suhum police

    Cooking oil mixed with water, packets of sugar filled with sand found in warehouse by Suhum police

    In the Eastern region, the Suhum Police Command has made a significant discovery – a warehouse containing considerable amounts of tampered sugar and cooking oil.

    The bags of sugar found in this warehouse have been illicitly mixed with sand, which is cleverly positioned beneath the bags and concealed beneath authentic sugar.

    Similarly, the extensive supplies of cooking oil present have been diluted with water.

    Thanks to police intelligence, one individual was apprehended during the operation.

    Currently, the police are in the process of assessing the inventory to ascertain the precise quantities of these items held within the warehouse, situated in the vicinity of the Dr. Marvel Clinic area.

    Reports indicate that the suspects have been distributing these counterfeit products to unsuspecting customers outside the Suhum township.

    Their deceptive activities have led to the defrauding of an undisclosed number of store proprietors across various parts of the Eastern Region.

  • Dr Duffuor advises govt to abolish E-levy if it has become a burdensome tax

    Dr Duffuor advises govt to abolish E-levy if it has become a burdensome tax

    Former finance minister, Dr. Kwabena Duffuor, has recommended the government to abandon the Electronic Transfer Levy (E-Levy) if it is not bringing in enough money.

    He asserts that the government doesn’t need to retain such a tax.

    Dr. Duffuor argued in a Citi TV appearance on Wednesday that the contentious fee should be promptly eliminated if it has turned into a nuisance tax.

    “We need to ask ourselves, are we getting enough from it? If we are not getting enough from it, then it is a nuisance tax, and we should scrap it.”

    Meanwhile, data released by the Ghana Revenue Authority (GRA) reveals that the Electronic Transfer Levy (E-Levy), initiated in May 2022, has generated ¢861.47 million in revenue as of March 2023.

    During its first year of implementation at a rate of 1.5%, the controversial levy amassed ¢614.57 million.

    However, within the initial three months of 2023, the levy contributed ¢246.9 million to the state’s funds.

    Based on GRA’s data, the E-Levy garnered ¢53.58 million in its inaugural month (May 2022). Subsequently, the figures ascended to ¢59.23 million in June 2022, and this upward trend continued through July 2022 (¢65.07 million), August 2022 (¢71.29 million), September 2022 (¢78.95 million), October 2022 (¢85.73 million), and November 2022 (¢93.3 million).

    The momentum of E-Levy revenue surged past the hundred million cedis threshold, reaching ¢106.79 million in December 2022.

    However, at the start of the new year, the revenue declined in comparison to December 2022, following the revision of the levy rate from 1.5% to 1%.

    During January 2023, the E-Levy accumulation reached ¢85.93 million. The figures subsequently dipped to ¢73.99 million, marking a 13.9% decrease, in February 2023. However, the trend reversed in March 2023, with the E-Levy contributing ¢86.98 million, culminating in total collections of ¢246.9 million for the first quarter of 2023.

    Initially, the government had set a target of approximately ¢7 billion for the E-Levy in 2022. However, due to the delayed implementation, the target was repeatedly adjusted, eventually settling at around ¢800 million in the initial month of launch.

    Despite the controversies surrounding the E-Levy’s introduction, the total value of mobile money transactions surpassed ¢1 trillion in 2022.

  • Late Supreme Court Judge’s children in conflict over his estate

    Late Supreme Court Judge’s children in conflict over his estate

    A heated legal dispute has arisen among the offspring of the late Supreme Court Justice, Dr. Seth Twum, regarding the legitimacy of a purported will attributed to their deceased father.

    Among the six surviving children of the late Justice, Abena Twum and Esther Twum, have raised objections to the validity of the will, sparking a legal conflict within the family.

    This legal contention has arisen just a year after the passing of their father on May 25, 2022, and his subsequent interment on July 2, 2022.

    As reported by The Chronicle, Dr. Seth Twum initially had seven children, with the first child having passed away. Among the children still living, namely Esther (second), Abena (third), and Evelyn (sixth), two are contesting the legitimacy of the will.

    The plaintiffs are challenging the authenticity of the will against their half-siblings, namely Audrey Twum (fourth), Seth Kwame Twum (fifth), and Leonora Nana Yaa Twum (seventh), in addition to their mother Julie Twum.

    The core of the dispute stems from the argument that the mothers of the plaintiff children were not legally married to their father at the times of their births, whereas Madam Julie was the legal spouse of the deceased.

    The contested will, currently undergoing examination at the High Court, reportedly excludes any mention of the plaintiff children in the allocation of the late Justice Twum’s assets. These assets encompass diverse holdings, including land, investments, and funds maintained in his Barclays Bank accounts in both Ghana and the United Kingdom.

    The properties in question consist of a Cantonments property leased to the Free Zones Authority, an adjacent ICON property to the American Embassy, a dual plot at Trassacco Valley, a residential estate in East Legon, and a tract of land in Abelenkpe – all situated within Accra.

    The plaintiffs, via their legal action initiated with a writ of summons filed in January of the current year, contend that the defendants, purported executors and trustees of the disputed will, might have tampered with its content.

    The plaintiffs assert that the circumstances surrounding the deposition of the alleged will at the High Court Registry on June 7, 2022, and its subsequent reading on December 21, 2022, were tainted by forgery, rendering the will null and void.

    Within their legal recourse, the plaintiffs request an injunction to prevent the defendants, along with their associates, agents, and other parties, from engaging with any assets belonging to Dr. Seth Twum’s estate until Letters of Administration have been granted.

    Furthermore, they seek an order for a comprehensive account of the assets held by the defendants and a reimbursement of the costs incurred in the legal action, including legal fees.

  • Picketing at BoG will threaten public order – Police to minority

    Picketing at BoG will threaten public order – Police to minority

    Picketing at the Bank of Ghana (BoG) will jeopardize public order and security, according to the Ghana Police Service.

    The Police urged the Minority to start the protest from the front of Parliament House through the Osu Cemetery Traffic Light and end it at Independence Square in a statement following a meeting with the Minority on Wednesday.

    “The Bank of Ghana is a security installation, and accordingly the protest and picketing around the installation may endanger Public Order, Public Safety, and the running of essential services.

    “That the route from Makola through Rawlings Park and Opera Square is always overcrowded and overpopulated due to human and vehicular traffic. Thus considering the nature of activities during the day, security can easily be compromised. In that regard, using such route may lead to violence, endanger Public Order and Public Safety,” Regional Commander/Accra, Commissioner Of Police, Dr. Sayibu Pabi Gariba explained.

    RE: NOTICE OF PUBLIC PROTEST

    1. The Accra Regional Police Command on behalf of the Police Administration conveys its sincerest gratitude to the Leadership of the Minority in Parliament for honoring our invitation.

    2. Following our engagement with you at the Regional Police Headquarters today, Wednesday 23/08/2023 regarding the notification of a Public Protest scheduled for Tuesday, 5th of September, 2023, the Command states as follows:

    • The Bank of Ghana is a security installation, and accordingly the protest and picketing around the installation may endanger Public Order, Public Safety, and the running of essential services.

    • That the route from Makola through Rawlings Park and Opera Square are always overcrowded and overpopulated due to human and vehicular traffic. Thus considering the nature of activities during the day, security can easily be compromised. In that regard, using such route may lead to violence, endanger Public Order and Public safety.

    • As requested today during our engagement, the Command wishes to reiterate that you relocate the route and the destination for the picketing and therefore propose in the interest of Public Order, Public safety among others that you commence the protest from the frontage of Parliament House through Osu Cemetery Traffic Light and terminate at the Independence Square.

    3. The Command hereby assures you of our continuous commitment to maintain law and order for the intended Public protest within the mandate of the Ghana Police Service.

    4. Best Regards.

    DR. SAYIBU PABI GARIBA
    COMMISSIONER OF POLICE
    REGIONAL COMMANDER/ACCRA

  • More than 90% of Cocoa Bills submitted for exchange program

    More than 90% of Cocoa Bills submitted for exchange program

    In the new Government of Ghana exchange initiative, an impressive figure of over 90% of Cocoa Bills holders have participated in the exchange program.

    This noteworthy accomplishment has been lauded by Dr. Mohammed Amin Adams, the Minister of State at the Ministry of Finance, who views it as a significant triumph for the state.

    The government anticipates using the generated proceeds to support further cocoa acquisitions.

    Dr. Adams shared this information during the Chartered Institute of Taxation’s International Taxation Conference. The event served as a platform for him to highlight the achievement and its implications.

    The government’s announcement of exchanging nearly ¢8.0 billion to facilitate the refinancing of cocoa purchases for the upcoming season coincides with COCOBOD’s efforts to secure additional funds.

    This move has been deemed a success by the Minister of State at the Finance Ministry, signifying positive signals for recoveries within the domestic market.

    “We have been able to make payments for bondholders in the new exchange and at the same time we have been extremely successful with the current tendering of more than 90% of cocoa bills of ¢7.9 billion and a dollar exchange of $809 million and detailed announcement will follow through when the settlements are done”, he disclosed.

    Professor Charles Ackah, an economist at the Institute of Statistical, Social, and Economic Research, called on the government to focus on export-oriented goods in order to increase foreign exchange earnings in his speech on the nation’s effort to mobilize income.

    This year’s tax conference theme; “Taxation and economic development; a review of Ghana’s tax policies” was chosen to reflect the current state of the country’s tax collection which has been very low as compared to other countries.

  • A day in the life of a couple who have given up on each other

    A day in the life of a couple who have given up on each other

    It’s no mystery that sometimes relationships don’t work out. Though, they don’t always end when they should.

    Deborah Krevalin is using the video-sharing app Kenyans disagree on petition to outlaw TikTok to reach a wide audience with her relationship advice. As a licensed psychotherapist, Krevalin used her expertise in a recent video to shed light on the subtle signs that may indicate a breakdown in communication and connection within a romantic partnership.

    This is a day in the life of a couple who has given up on each other.

    Describing “a day in the life of a couple who have given up on the relationship and each other,” Krevalin paints a bleak picture of two people who have become isolated within their own relationship.

    The day starts with an absence of the basic pleasantries that often fuel a couple’s connection. 

    No words are exchanged in the morning, and no texts or calls are made during the day.

    It’s not just the morning when they isolate from each other. The partners’ lack of mutual interest manifests in their daily routine as well.

    “Neither partner reaches out during the day. No text message, no phone call saying, hey, how’s your day going? What do you want to do for dinner? None of that. Partners are focused solely on themselves and their own needs,” Krevalin says.

    Waking up and going through the day like this can be a harsh reality. What can a couple who are experiencing this do?

    According to psychologist Sandra E. Cohen, Ph.D., people often feel isolated in a relationship due to communication. But what happens when the lack of communication doesn’t stop when they get home at the end of the day?

    Dinners are eaten alone with no plans to catch up about each other’s day.

    When one comes home at “6:00 with some sushi” and the other an “hour later with a salad,” there’s no intention of sharing a meal or spending time together. Instead, they eat separately, reflecting a profound disconnect. Their evenings are spent in different rooms, engaging in solitary activities.

    “They don’t eat together. In fact, they don’t show any interest in spending any time together. No bonding, no nothing. They’re just merely existing, sharing space, like roommates,” Krevalin says.

    What once might have been a loving relationship has transformed into a situation where two individuals are “just merely existing,” their connection lost. 

    The lack of interaction and engagement extends into the bedroom. 

    Before going off to sleep, there’s no conversation, no affectionate gestures, and not even a word of acknowledgment, whether they share a bed or sleep separately.

    “The partners may sleep in separate bedrooms, but if they share a bed, there’s no chatting. There’s no snuggling. There’s no real interaction of any kind. The couple is beyond unhappy because there’s a loneliness factor that’s pervading. They’re totally disconnected,” Krevalin adds.

    Krevalin’s depiction resonates as a cautionary tale, offering insight into what can happen when couples allow communication to break down and fail to prioritize their relationship.

    The depiction is not merely an abstract concept but a reflection of a real crisis that many couples face. 

    What can be learned from Krevalin’s observations? Perhaps a warning that paying attention to the small details, the simple acts of kindness, communication, and interest in one’s partner, is crucial in maintaining a healthy relationship. And what should people who feel they are in a lonely relationship?

    Cohen revealed that there are four things partners should consider when feeling lonely in a relationship. She advises to “communicate clearly and effectively, “be more vulnerable with each other,” “spend time together,” and, if all else doesn’t work, “consider the possibility of ending the relationship.”

    DISCLAIMER: Independentghana.com will not be liable for any inaccuracies contained in this article. The views expressed in the article are solely those of the author’s, and do not reflect those of The Independent Ghana

  • September 2023 scheduled for Africa Makeup and Beauty Fair

    September 2023 scheduled for Africa Makeup and Beauty Fair

    The largest beauty and trade show in Africa, expected to draw hundreds of makeup and beauty professionals, is scheduled to take place from September 21st to September 22nd, 2023, at the Unique Floral Event Centre in Accra.

    Themed “Brands beyond Borders: The Beacon of Economic Growth,” this event is a collaborative effort between Makeup Ghana and First Choice Hair and Beauty.

    AMB Fair 2023 aims to foster connections among key players in the African beauty industry, including brand executives, manufacturers, wholesalers, retailers of beauty products, and fashion designers.

    Over the course of two days, the fair will provide a platform for industry leaders, traders, consumers, publicists, regulators, policy makers, and beauty schools to connect and network. The event will also spotlight the latest trends, innovations, and opportunities in the beauty sector.

    Among the highlights are discount sales, offering patrons a unique opportunity to purchase beauty products and services at reduced prices from various exhibitors. Concurrently, a panel discussion featuring experts and influencers will delve into industry best practices aligning with the event’s theme.

    CEO of Makeup Ghana, Ms. Rebecca Donkor, expressed her anticipation for this exceptional edition. She highlighted that this year’s event holds a unique aspect as nominees of the Ghana Beauty Awards will have the chance to showcase their products and services for the first time in the seven-year history of the awards. The 33 award categories span skin care, hair, makeup, content creators, institutions, nails, and spa, encompassing the entire beauty ecosystem.

    “We are giving them the opportunity to let the world know the type of products and  services that they offer” said Rebecca Donkor.

    One of the newly introduced additions to the program is the Ghana Barbers Summit, an upcoming gathering designed to unite barbers and hairstylists for the purpose of idea exchange and the display of their skill sets.

    At the heart of this event lies the Barber Competition and Beauty Show. This platform aims to provide both barbers and makeup artists an avenue to express their creativity and prowess in haircutting, styling, and the latest trends from the global makeup and beauty sphere.

    The core objective behind this annual event is to unite all stakeholders within the industry, encompassing their respective brands, in a single forum to foster networking and knowledge sharing. This initiative forms part of a larger endeavor to elevate the industry to a significant and influential echelon.

    Makeup Ghana has gained prominence for its substantial contributions to the makeup and beauty sector, which has undergone remarkable advancements. This progress has been achieved through initiatives such as consumer education advocacy, brand marketing, talent showcasing, innovation promotion within the industry, and the establishment of training and professional development programs tailored for practitioners.

  • GRA earns GH500,000,000 via VAT compliance initiative

    GRA earns GH500,000,000 via VAT compliance initiative

    The Ghana Revenue Authority (GRA) has successfully generated approximately GH¢500 million through its nationwide Value Added Tax (VAT) compliance initiative, as disclosed by the Commissioner-General, Ammishaddai Owusu-Amoah.

    The primary objective of this initiative was to tackle businesses that were neglecting their VAT obligations.

    Speaking at the 11th Annual Tax Conference held in Accra, Mr. Owusu-Amoah revealed that prior to the implementation of this initiative, around 3,600 enterprises were engaging in imports without being registered for VAT.

    However, as a result of the implementation of this tax compliance measure, a significant shift has been observed, with over 3,600 enterprises now having registered for VAT.

    “It will interest you to know that we introduced this exercise on June 6, and by July 30, we had 3,600 enterprises that were importing into the country without registering for VAT. And when we said that if you have not registered for VAT, you cannot clear your goods, 3,600 enterprises registered,” the GRA Commissioner-General said.

    The value-added tax (VAT) is a tax that is imposed on goods and services at each stage of the production and distribution process, according to GRA.

    It is incorporated into the total cost that the consumer pays for the goods or services.

    It is known as the “Goods and Services Tax” or GST in various nations.

  • Transport providers challenge govt to eliminate these five tariffs or face 20% increase in fares

    Transport providers challenge govt to eliminate these five tariffs or face 20% increase in fares

    The Coalition of Transport Unions and Associations has urged the government to eliminate what they perceive as burdensome taxes; otherwise, they are prepared to implement a fare increase of 20%.

    Within a 13-day timeframe, the Association has presented an ultimatum to the government, requiring them to fulfill their request. Failing this, the Association will proceed with the fare hike.

    David Agboado, the National Public Relations Officer for the Concerned Drivers Association, emphasized that in a bid to alleviate unwarranted pressures on both motorists and consumers, the government should do away with certain taxes. Specifically, the Association is advocating for the removal of the energy sector levy, fuel marking margin, sanitation and pollution levy, along with the special petroleum tax.

    In an interview on Citi Fm, he reiterated that, “These are the taxes that we want the government to scrap from the price build-up because they are outlived. For example, with the energy sector levy, we were told that in June 2021, they had cleared all the debts in the energy sector. Fuel marking was used when the Tema Oil Refinery (TOR) was operational. Now TOR is not operational, so the fuel marking margin is not operational. And then we have the special petroleum tax. We don’t have anything special about our fuel being made because we all bring in the end product. So that is why we are demanding that these taxes should be scrapped,” he added.

    The coalition has already threatened the government in this manner. The group previously warned that if the government did not remove different levies related to the increase in gasoline prices, transportation costs would increase by 20%.

    Mr. Agboado added that the cost of fuel, lubrication, spare parts, and automobiles were taken into account while determining the 20% increase.