Tag: Ghana

  • Ghana no longer identified as an agric nation – Bokpin

    Ghana no longer identified as an agric nation – Bokpin

    Ghana has lost its status as an agricultural nation to service, according to Godfred Bokpin, a professor at the University of Ghana Business School.

    Even with the service status, he said, it is only based on retail and wholesale thereby relying heavily on importation.

    Once the country imports heavily, it creates jobs for others countries and creates unemployment domestically, he added.

    Speaking at the 3Business Economic Sustainability Summit held in Accra on Tuesday April 4, Prof Bokpin said “Ghana, from independence, was known for agriculture but today Ghana is not known for agriculture. Ghana is known for service but the question is, is Ghana really a service-based economy?

    “The answer is no. Typically, if you look at the economic transformation when a country begins from agriculture and suddenly service is leading it tells you that that economy is matured so it has gone through that process but in the case of Ghana we started off agriculture being the leading contributor to the GDP and then we skipped industry, that is what the data is telling us and then we jumped straight to service.

    “That service sector is actually not quality service, it is the sector that is driven by retail and wholesale, largely import. Once your service sector is leading particularly in the area of retail and wholesale, once your industry isn’t doing well then it means the bulk of what is happening is going to be important, typically once you import, you are important unemployment.”

  • Ghana is on a begging spree – Ablakwa bemoans country’s sad fate

    Ghana is on a begging spree – Ablakwa bemoans country’s sad fate

    North Tongu MP, Samuel Okudzeto Ablakwa, has again lamented over the country’s poor economic conditions.

    His utmost concern was with the fact that Ghana is on a begging spree but has refused to live within its means.

    According to the North Tongu Member of Parliament, the extravagance lifestyle President Akufo-Addo is living amid the obese government he has refused to downsize should be a cause of worry to every Ghanaian.

    The lawmaker.has berated the government for the self-inflicted difficulties the government has plunged the nation into, subjecting the citizenry into excruciating hardship.

    Mr. Okudzeto Ablakwa was speaking on the additional hands the government has employed at the Office of the President making the total number rise from 998 to 1048 with Alfred Ocansey on Ghana Tonight Thursday, March 30, 2023.

    “So you wonder if really, this is the country going through the most excruciating economic meltdown in living memory.

    “A country that’s telling everybody that this economy has been destroyed, self-inflicted, with over-borrowed debt to GDP, with excess over 100% so we cannot meet our obligations to you. You cannot get your coupons, you can’t get back your life investment, Finance minister has just returned from China on a begging mission. When Vice President Kamala Harris came here few days ago, you heard President Akufo-Addo begging her to talk to the Paris Club on our behalf. So you’re begging everybody and yet look at your conduct. You cannot lead by example,” he indicated.

    He was surprised that the “2021 list was so high with dubious positions and we expected him to downsize by being considerate and respectful and give some dignity to us his employers” but the President chose to increase the numbers.

    Below is the full text detailing the Annual report on the office of the President staffing:

    Full text: Annual report on Office of the President staffing

    Accra, 30th March, 2023 – Pursuant to section 11 of the Presidential Office Act, 1993 (Act 463), the President of the Republic has submitted to Parliament the Annual Report on the staffing position of the Office of the President for the period 1 st January to 31st December, 2022.

    The report covers three key areas, namely the number of Presidential Staff employed at the Office of the President during the period, the ranks and grades of these staff, and employees of other Public Services assigned to the Office of the President.

    During the reporting period, there were two (2) Ministers of State and forty-four (44) Senior Presidential Staffers at post. The other Political Appointees at the Office of the President numbered three hundred and fifteen (315). This brings the number of political appointees to three hundred and sixty-one (361).

    It is important to note that out of the 361 persons who are political appointees at the Office of the President, only 163 work physically at the Jubilee House. The others work in the offices to which they have been assigned.

    It is also instructive to note that, in keeping with the established practice of previous governments of the 4th Republic, the 315 other political appointees include Special Assistants, Executive Assistants, Personal Assistants to Ministers of State and Regional Ministers, employees in the Office of the Vice President, Aides and Assistants assigned to the First Lady and Second Lady, as well as employees assigned to Government agencies under the Office of the President, such as NEIP, Free SHS Secretariat, MASLOC, Special Development Initiatives Secretariat, Monitoring and Evaluation Secretariat, Zongo and Inner Cities Development Secretariat, amongst others.

    Moreover, in addition to the political appointees at the Office of the President, employees of Public Sector Organizations assigned to the Office were also included. These categories of staff were from different classes, including Administrative, Executive/Clerical, Records, Secretarial, Budget, Procurement and Supply Chain Management, Presidential Household, and staff from the Department of Parks and Gardens, Ghana Health Service, Controller and Accountant General’s Department, Ghana Audit Service, Ghana National Fire Service, Public Works Department (Prestige), and Ghana Postal Company. The total number of these categories of staff was six hundred and eighty-seven (687). These categories of staff were appointed by their respective public institutions, and the Civil Service and have always been assigned to the Office of the President during previous governments.

    The submission of this report is a clear indication of the President’s commitment to transparency and accountability. It provides a comprehensive overview of the staffing position of the Office of the President, and it is expected to inform decision making processes.

  • Accra-Tema Motorway maintenance must be given top attention – Carlos Ahenkorah

    Accra-Tema Motorway maintenance must be given top attention – Carlos Ahenkorah

    Inadequate engineering and upkeep, particularly on the Accra-Tema Motorway, can result in the deterioration of road surfaces, including the wearing away of bitumen, according to Carlos Ahenkorah, the MP for Tema West.

    Bitumen is a common material used in road construction and is known for its durability and resistance to water and other environmental factors.

    Asaase Radio has commenced a public interest campaign series that will spotlight the importance of maintaining critical infrastructure and citizens’ power in bringing about change. The campaign promises to bring critical attention to an issue that affects the lives of many Ghanaians, starting with the Accra-Tema Motorway.

    Speaking to Asaase News, Ahenkorah said maintaining roads in Ghana should be the priority of officials.

    “It can still be affected by heavy traffic, weather, and other factors,” the lawmaker said. “To prevent the wearing away of bitumen, proper engineering and maintenance practices are essential.”

    He proposed creating a maintenance budget to sustain the temporary bituminous patches on the motorway.

    Watch excerpts of the interview conducted by Asaase 99.5 Accra’s Caleb Ahinakwah:
    About campaign

    The Accra-Tema Motorway is an essential artery for Ghana’s economy, linking the largest port in the country with the capital city.

    However, years of neglect and lack of maintenance have left the N1 in a state of disrepair, leading to accidents and traffic congestion.

    In line with #SeeSomethingSaySomething and the government’s efforts to urge all Ghanaians to be active “citizens, not spectators”, the #SafeMotorway4All campaign will identify key challenges to the smooth working of the N1 and push for action to address these.

    Don’t forget to join the campaign by sharing your experiences, appeals and solutions on social media with the hashtags #SafeMotorway4all.

  • Government introduces taxes quickly, but rarely accounts for them – Dr Asah-Asante

    Government introduces taxes quickly, but rarely accounts for them – Dr Asah-Asante

    The government, according to Dr. Kwame Asah-Asante, is fast to propose new tax bills but are unable to give specific accounting of the money collected through these levies.

    “The issue is that, are we going to be able to manage the resources so well that will be derived from this revenue? We have seen it time and again that our leaders are quick to come out with tax or taxes, but the money generated from it, we find it difficult to account for them,” he said on Monday.

    On March 31, Parliament approved three new tax bills proposed by the Finance Minister, Ken Ofori-Atta.

    According to Mr Ofori-Atta, the bills are crucial for the progress of government’s pursuit of an International Monetary Fund (IMF) deal.

    The new tax bills include; the Income Tax Amendment Bill, The Excise Duty Amendment Bill and the Growth and Sustainability Amendment Bill and are expected to rake in close to GHs4 billion.

    Speaking on the AM Show on JoyNews’, Dr Asah-Asante reiterated that the passing of the bills “is a good beginning for our journey to the IMF” but indicated that those in charge have not been accountable.

    The political scientist lamented citizens’ inability to demand accountability and as a result, government always slaps taxes on the people without disclosing details of revenues gained.

    Meanwhile, he added that the government’s energy that is being used to make sure that it gets the basics right in securing an IMF deal could be channelled into creating home–grown solutions where there would be no need to seek an IMF bailout.

    “If you look at how government wants to meet all the specifics directed by the IMF, right? They want to get all those basics right to have the facility.

    “Then I ask myself; that energy that you derive from the system to pursue this programme, couldn’t you have used it in your economy, build the necessary capacity that you don’t go to the IMF,” he said.

    According to him, Ghana always finds itself “in tears” as a result of some unfavourable conditions attached to the IMF deal.

  • China’s loans to Africa must be “more transparent” – World Bank President

    China’s loans to Africa must be “more transparent” – World Bank President

    According to the BBC, the World Bank’s president is worried about some of the loans China has been providing to developing nations in Africa.

    The terms and conditions need to be “more transparent,” according to David Malpass.

    It happens amid concerns that some nations, including Ghana and Zambia, are having trouble paying back their debts to China.

    According to China, all such lending complies with international laws.

    Developing nations frequently take out loans from foreign countries or multilateral organizations to fund economic growth-oriented industries like infrastructure, education, and agriculture.

    However steep increases in interest rates in the US and other major economies over the last year are making loan repayments more expensive because lots of that borrowing is done in foreign currencies such as US dollars or euros.

    It is a particularly acute problem for developing economies who can struggle to find the extra money that is required as the relative value of their own currency falls.

    China refutes suggestions that it is exploiting other countries with its financial support.

    At a press conference this week Foreign Ministry Spokesperson Mao Ning said China “respects the will of relevant countries, has never forced any party to borrow money, has never forced any country to pay, will not attach any political conditions to loan agreements, and does not seek any political self-interest”.

    Ghana's Finance Minister Ken Ofori-Atta
    Image caption,Ghana’s Finance Minister Ken Ofori-Atta travelled to Beijing this month for talks on restructuring its debt repayments. The country also got $3bn from the IMF in December.

    Mr Malpass said the problems were not unique to Chinese financing but things were improving.

    “If you think of the history of Western lending, sometimes it’s not for the full benefit of the people in the countries [being lent to]. Even World Bank loans haven’t always been for the best that could have been done in a country.”

    “So what we’re trying to do, and I think everyone should be trying to do, is improve the quality of the lending.

    “One of the techniques is to unbundle the loan, meaning if there’s an investment project, let’s say you’re building a train, describe the project and what the cost will be. And then separately, arrange the financing.

    “If you bundle them together, it makes it very hard to know, am I getting a good deal on the train or on the financing.”

    Food and energy concerns

    The outgoing World Bank president is also concerned that higher food, fertiliser and energy prices, as a result of the war in Ukraine, are sapping government budgets in poorer countries. While that could deepen the economic challenges they face there is relief that price rises are now starting to ease.

    “The immediate crisis is over but one thing that’s been left is that countries didn’t use enough fertiliser, so their soil is depleted. So the yields are expected to be lower next year than normal.”

    “So a farmer that was just making ends meet, she didn’t get fertiliser, and now her land is not as productive. And so where’s the food going to come from for the family and for the community? That’s the big immediate problem. What we’re trying to do is help countries directly with fertiliser [and] with food.”

    market in Sale, Morocco
    Image caption,Many of the world’s poorest economies have been hit hard by higher food prices as a result of the war in Ukraine

    The World Bank is concerned that these challenges will worsen a first-ever increase in the global extreme poverty rate – people getting by on less than $1.90 per day. As a result of the coronavirus pandemic it rose from 8.4% to 9.3%.

    The planet’s leading development body hopes that its upcoming showpiece joint Spring Meetings with the IMF in Washington will help it raise more money to tackle its key mission.

    “The ambition is there,” says Mr Malpass, “but the needs are much bigger than the amount of flows” of money coming in.

    It is a “double whammy and it means that [economic] growth is going to be slower”, says Mr Malpass.

    US-China rivalry

    Tackling that challenge and its consequences was one of the main reasons for this week’s visit by US Vice-President Kamala Harris to three African countries. It is a visit that comes with big commitments of financial support to Tanzania and Ghana.

    There is a growing rivalry with China for influence in the continent, whose abundance of natural resources include the metals, such as nickel, crucial for the batteries needed for technology such as electric cars.

    Speaking in Ghana’s capital, Accra, she said “America will be guided not by what we can do for our African partners, but what we can do with our African partners”.

    While highlighting a new nickel processing facility in Tanzania Ms Harris said the project would be supplying the US and other markets by 2026 and that it would “help address the climate crisis, build resilient global supply chains, and create new industries and jobs”.

    Kamala Harris arriving in Accra
    Image caption,US Vice-President Kamala Harris was warmly welcomed in Ghana’s capital, Accra, by Vice-President Mahamudu Bawumia as she sought to strengthen economic ties

    That collaborative approach was praised by Mr Malpass who said the competition between the world’s two biggest economies was “maybe healthy for developing countries” as it provided different options.

    “What I encourage strongly is that they be transparent in their contracts. That’s been one of the problems; if you write a contract and say ‘but don’t show it to anybody else’, that’s a minus. So get away from that.”

    There was also a warning that “for governments in Africa, they shouldn’t be offering collateral as an inducement to make a loan, because it locks it up for generations. That’s been happening with China.”

    Beijing has become one of the biggest sources for loans to developing economies in recent years. A new study led by the Kiel Institute for the World Economy shows that globally China lent $185bn (£150bn) in bailouts to 22 countries between 2016 and 2021.

    Source: BBC

  • Shamima Muslim: Why not you?

    Shamima Muslim: Why not you?

    When I received the call to make a statement here today, I was initially stunned, then excited, and then really anxious. I asked myself, why me? But then I asked myself, why not me?

    I am a veil-wearing Muslim woman from one of the smallest regions in Ghana; the Upper West, among one of the smallest ethnic groups in the country, the Wala. In many ways, I am a minority of a minority. In many spaces I’ve been in, I am often the exception and hardly the norm. 

    But that has never held me back. The more down the ladder I appear to be, the higher up the ladder I have always aspired to reach. I became one of the first from my immediate family to attain a university education and one of the first, or perhaps, the only woman from my community to have had a primetime voice on radio and television. My exposure and impact helped inspire many young women, particularly, Muslim girls across the country to pursue a career in media and journalism.  

    I have worked on many development projects to empower marginalised and underrepresented communities and am currently, a founding member of the Alliance for Women in Media Africa, inspired by a similar organisation in the US. Our young dynamic group of media women are working to advance the welfare and visibility of women in media and ensure that the voices, stories and images of African women and girls are equitably represented. 

    These examples are not cited to wallow in whatever modest successes I may have achieved, but to demonstrate how far I have come, from how far back I am coming from. I may have walked a few steps up to this platform today, but my journey, like the journey of several others,  goes many steps back across multiple generations within many spaces, too numerous to mention. 

     But let me at least mention my maternal grandmother Alima, an enterprising generous woman who did not have any formal education but encouraged in her daughter an appetite for learning and put her in school. Let me talk about my mother, Hajia Rahmat, who after numerous domestic chores at home had to go out to sell food before she could go to school. She was often late, but she kept going. 

    My mother says she often walked barefoot to school under the hot sun which will make the ground heat up and burn the soles of her feet. When it became too hot, she would find a patch of grass for a moment’s respite. But she kept going. She became the first woman within her immediate family to attain higher education by progressing to the training college and becoming a teacher and a headmistress. And dare I say she could have gone even further, but she sacrificed her dreams at some point to stay at home to raise her children.

    It is because my mother walked for her dreams that today I can run for mine and tomorrow my two daughters will fly for their dreams. That is how progress is made; inch by inch, generation by generation. We keep hitting at it until we completely shatter our glass ceilings. Daughters are the dreams come true of their mothers, and mothers are the greatest hopes for their daughters. 

    But this is not just a story about mothers and daughters and the power of education to transform, it is also a story about Ghana, about Africa. As a continent that ranks low in many development indices, as we make our way up the ladder for better representation of women, better healthcare, better education, better infrastructure, and better employment, amongst others, the journey up can be daunting with many reasons to despair. Some young Africans may feel that their economic salvation lies elsewhere across the Sahara, beyond the Mediterranean. But no matter how hot the ground gets beneath our feet, the solution is not across but within. We just have to keep going.  We have to keep putting in the work. And generation by generation, we will shatter the ceiling for Africa’s economic prosperity. 

    To attain the Africa We Want, we must embrace our diversity. One important lesson I learnt early on is the value of community and inclusion. My dear father Mr Ismail Muslim was one of the earliest young men to leave his hometown up in the North to set up a base in the capital down south. He found success early, established a home here and opened up his doors to his community. I grew up not only with my siblings but with aunties, uncles, cousins and close and distant relatives. Our house was a gateway for a whole generation. I learnt the values of service, diversity and inclusion early. My father showed me that you indeed rise by lifting others. And that is a lesson my husband and I are teaching our two sons—and our daughters too. 

    Africa as the most diverse continent in the world, more than anywhere else, must uphold the value of inclusion. We are so fragmented in nations, ethnicities, gender, class and others that unless we work honestly together for the common good, we cannot lift ourselves and our continent. And in lifting ourselves up, we cannot count our success by the very few who reach the top, but by the many who leave the bottom. 

    To make progress in Africa, we acknowledge that we have to forge meaningful partnerships. In 2010, I had the rare privilege of being amongst the very first cohort of President Obama’s YALI programme. At the Whitehouse, I was lucky enough to be spotted by him to ask a question. I asked whether it was possible to have a true partnership between a superpower like America and a developing country like Ghana. Obama believed that such a partnership was possible because we have many aligning interests. 

    Over the years, I have reflected on and refined my question even further. Would America, or the developed world, still be interested in Africa without its natural resources?

    Much as this is an important question for our partners to reflect on, it is an even more important question for us in Africa to answer. How else can we maximize the benefits of our natural resources and what new value can we harness the energies and innovations of our young people to create to benefit our people and the world? We must begin to reflect on and act for An Africa Beyond Natural Resources.

    And it is gratifying to note that there are many young Africans already working to create value across creative and digital spaces, and others. And in so doing, expanding opportunities as well as solving critical problems in their economies. 

     Examples abound like Miishe Addy, co-founder of startup logistics powerhouse Jetstream; Maya Famodou working in the venture capital space to inject resources into innovative African Startup; Ama Asantewaa of Black Girls Glow focusing on creating safe spaces for creatives go grow; Mahmoud Jajah of Zongo Innovation Hub training young people in predominantly underserved Muslim communities to become software developers and tech entrepreneurs. Young Africans are putting in the work.

     It will be important to acknowledge some support they are already receiving. For instance, the US government is investing USD 350 million in the Digital Transformation with Africa programme to create a transformative ecosystem for technology entrepreneurship. In my part of the country, the USAID Sustainable Shea Initiative is empowering over 400,000 women across Northern Ghana for economic and social impact through the shea industry. We look forward to the sustainable impact of such programmes. 

    We call on African governments to commit to passing affirmative action policies to help bridge the gender and diversity divide. And to treat with the utmost urgency the need to open up major opportunities for Africa’s ballooning youth population.

    In 2011, I had the privilege of meeting Michelle Obama at a forum for young African women leaders in South Africa. She spoke about the need for women to step up and own the spaces they occupy. My life’s journey has been about owning the spaces I occupy. And where those spaces do not exist, to create them. Today I call on all women and youth of Africa to step up and own your space because why not you?

    I feel honoured today to share this stage, this space, with a phenomenal woman who has not only stepped up to own her space but is actually rocking it. The highest-ranking female official in the United States who has had her fair share of “firsts” and broken several glass ceilings on her way to the top.  It is a delight to welcome Vice President Kamala Harris to Ghana, the Center of the World, the black star rising. Martin Luther King Jnr, Malcolm X and Maya Angelou were here. Clinton, Bush and Obama were all here. And now it is her turn. I believe we can all affectionately say… Abena Kamala, you made it.

    Thank You 

  • The sole head of state from Ghana to resign due to a corruption scandal

    The sole head of state from Ghana to resign due to a corruption scandal

    Although it will take a lot for a Head of State to resign, the act could also prove a daunting task for the future of any developing nation like Ghana.

    Long after Ghana gained independence in 1957, the country was subjected to autocratic rule or quasi-democracy due to the many coup d’états the country witnessed, until the tide turned and we got the longest democratic rule, which began in 1992 under the late former president Jerry John Rawlings and is still going strong.

    Despite the tedious responsibilities associated with being president, only one Head of State has been on record to have resigned in the history of Ghana.

    While the decision to resign is controversial, there have been arguments about many Ghanaian presidents who may have long gotten away with acts that require their resignations.

    But as a parable says, ‘Two wrongs don’t make a right’.

    In GhanaWeb’s history class, we take a look at the only Ghanaian Head of State who resigned from the position.

    Lieutenant General Joseph A. Ankrah resigned from office on April 2, 1969. Prior to this, he became Head of State in 1966 after Ghana experienced its first coup d’état following the overthrow of the Kwame Nkrumah government, sparking the formation of the National Liberation Council.

    Following the coup, General Ankrah became the first Chairman of the National Liberation Council (NLC).

    According to eaumf.org, General Ankrah resigned after having admitted that he had received money for political purposes from a private company. While serving as Head of State, his tenure was marred with various bribery scandals.

    Notable among the scandals was the admission of taking a bribe from a Nigerian businessman named Arthur Nzeribe.

    The allegation, at the time, was that results of an opinion poll conducted by Anthony Nzeribe and contracted by the NLC for that purpose, showed General Ankrah as the most popular person in Ghana from a field of prominent politicians, including General Afrifa and Kofi Abrefa Busia.

    Upon the revelation, the Commission of Enquiry was formed and determined that General Ankrah had received C6,000.00 from Nzeribe, which might have influenced the outcome of the opinion polls.

    Although, there were suspicions that other political factors were at play beyond the bribery scandal, General Ankrah was forced to resign as Head of State on April 2, 1969.

    About General Ankrah

    Joseph A. Ankrah was born on August 18, 1915, in Accra to Samuel Paul Cofie Ankrah, an overseer for the Christian Missionary Society and Beatrice Abashie Quaynor, who was a trader.

    Ankrah began his schooling in 1921 at the Wesleyan Methodist School in Accra, where his nickname was ‘Ankrah Patapaa’ for his “forcefulness in arguments and always playing leadership role among his mates.”

    In 1932, he entered Accra Academy where he established himself as a good football player. He obtained the Senior Cambridge School Certificate in 1937.

    Years after, he joined the Ghana Civil Service and later joined the Ghana Army.

  • Alistair Mathias, man who illegally exports gold worth $40 million from Ghana each month

    Alistair Mathias, man who illegally exports gold worth $40 million from Ghana each month

    The first of a four-part investigative series on the smuggling of gold in Africa released by Al Jazeera last week, Alistair Mathias, illegally exports gold worth $40 million from Ghana each month

    The episode reveals the perpetrators of the crime in numerous African countries, including one who admitted to transporting gold worth $480 million out of Ghana every year. Alistair Mathias is the man’s name.

    According to reports, Alistair Mathias, a Canadian citizen located in Dubai, aids in money laundering around the globe and uses a network of businesses and refineries to make sure his operation is successful. Russians and African leaders are among his clients.

    He is said to be the partner of Ewan Macmillan, another alleged mafia exposed in the series.

    During his meeting with Al Jazeera’s undercover reporters, Mathias said aside Ghana, he moves gold worth between $70million and $80million from Zimbabwe monthly. South Africa was also on his list.

    According to Al Jazeera, “When asked for a formal comment about the findings of Al Jazeera’s investigation, Mathias denied that he designed mechanisms to launder money and said that he had not laundered money or traded illegal gold for Russian clients or anyone else. He told us he had never had any working relationship with Macmillan.”

    Alistair Mathias accused of duping Ghanaian businessman

    This isn’t the first time Alistair Marthias’ name is being tagged with crime, in 2014, he was accused swindling a Ghanaian businessman of over $4million in a gold trade.

    According to the businessman, Henry Osei, he opened a branch of his company in Dubai and gave Mathias the role of clearing and forwarding gold shipments to the refinery in Dubai as well as receiving proceeds for transfer to the Ghanaian company back home in Accra, since the latter was a resident of UAE.

    He said things run smoothly at the beginning of the partnership but in December 2013 and March 2014, Mathias failed to transfer proceeds of $4million to Ghana though checks had revealed the refinery in Dubai had paid him for the sale of gold.

    “After all my efforts to retrieve my money back proved futile, it left me no choice than to file a criminal case against him for his arrest. Mr Matthias was subsequently arrested when he came to Ghana and was granted bail in less than an hour at the Police Headquarters. As I speak the man has travelled back to Dubai,” Mr Osei noted in a Dubai court.

    Though Alistair pleaded not guilty to the charge of misappropriating the said amount, the court judged in favour of the complainant.

    Alistair’s account of partnership

    Alistair Mathias said he came to Ghana in 2009/10 in search for investment opportunities and settled on mining.

    He acquired a concession in the Eastern Region after registering his company, M.A. Resources Ltd. in 2010 and in 2011, he met Henry Osei and his business partner.

    They were both directors and shareholders of Guldrest Resources Company Limited, a local company involved in gold business with a vast network across the country.

    According to Alistair, he started financing his new business partners to buy gold for his company in UAE, Mathias Holding and things went well until Guldrest Resources lost huge amounts of money in 2012/13 due to a sharp decline in gold prices.

    To help Henry Osei out of his dilemma, Alistair said he formed a company with the Ghanaian in UAE, Guldrest Resources FZC.

    He was therefore surprised to find out Mr Osei lodged a complaint with Ghana’s Criminal Investigations Department of the Ghana Police, accusing him of defrauding him (Osei) to the tune of four million dollars.

    Though he was in Dubai at the time the complaint was filed, Alistair said he “immediately flew to Ghana to respond to the rather baseless claims made against me by a man whose company was owing me large amounts of money.”

    While this was happening, Henry Osei also went to UAE to make a similar complaint to the police.

    “According to court documents, Henry’s claims to the police were that as manager of Guldrest Resources FZC, Alistair could not account for $4,054,024.10 out of a total transaction volume of $83,927,240.10 by way of…failing to send the value of the gold sent thereto…’,” a report on myjoyonline.com stated.

    In his absence, the Sharjah Public Prosecution went to court, after preparing a docket, seeking to try Alistair in absentia.

    After failed attempts to prevent him from flying outside Ghana, Alistair said he arrived in Dubai a few days before judgment was going to be passed on him, without knowing that was even happening.

    According to myjoyonline.com, “Sharjah Court of Misdemeanour reviewed the case, in the presence of the appellant (Alistair) along with his [legal] representative, as well as the [legal] representative of the claimant (Henry) and upon asking about the charge levelled against him, he denied the accusation.”

    The report further mentioned that “according to the court, Henry submitted an expert accounts report prepared by an “expert consultant.” The lower court itself appointed an accounting expert who concluded Alistair owed $3,638,504.24.

    “The Court of Appeal further stated that Alistair, raised “objections on the appointed expert report before the lower court because the expert relied on documents that were not translated and the expert did not seek the support of an expert in minerals specialized in gold.”

    Alistair who wasn’t satisfied with the lower court’s ruling filed an appeal at the UAE Court of Appeal and there, the case against him was dismissed.

    According to the court enough evidence had been provided to prove that Alistair Mathias was totally innocent of the charges brought against him by the country’s public prosecutors.

    The court also ruled that Henry Osei rather owed Alistair more than USD $9.2 million.

    “The three-member panel held that Mr Henry Osei’s complaint which formed the basis for the charges against Mr Mathias was founded on contradictory, unproven and unsubstantiated claims.

    “The Sharjah Second Penal Court of Appeal consequently ruled that “the misappropriation crime levelled against [Alistair] [are] totally void and there is no proof or even indication that [he] committed such a crime…”

    “The court found, that contrary to claims by the Ghanaian, Henry Osei, that his estranged business partner owed him $4 million, Mr Osei’s Guldrest Resources Ghana Company Ltd., rather owes Mr Mathias about $9.2 million,” myjoyonline.com reported.

  • Parliament dismisses EC’s CI

    Parliament dismisses EC’s CI

    The new Electoral Commission‘s Constitutional Instrument (CI) which intends to make the Ghana Card the only document for continuous voter registration in the country has been rejected by Parliament.

    The House has rejected the move by the Electoral Commission (EC) to make the Ghana Card the only document for continuous voter registration in the country.

    Parliament has also maintained that the guarantor system which is a means of getting an eligible voter with the required document registered must also be maintained.

    A report of the Committee of the Whole also objected the EC’s move to limit continuous registration exercises to the regional, district capitals and offices determined by the commission.

  • The Dubai based gold smuggler who sneaks $40m worth of gold from Ghana monthly

    The Dubai based gold smuggler who sneaks $40m worth of gold from Ghana monthly

    Al Jazeera’s recent undercover report has revealed that Ghana serves as one of the many conduits used for money laundering by one ‘financial architect’.

    The exposé dubbed “Gold Mafia” recorded Ewan Macmillan, a retired Zimbabwean businessman also known as “Mr Gold” in the shady business, recommending his Canadian colleague, Alistair Mathias, to the undercover reporters who sought his assistance to launder money.

    “There is an opportunity, a hell of a big opportunity to wash money here. You want US dollars in a bank account which would be better to have a bank account in Dubai, US dollars. The best thing is to meet my partner from Dubai. He knows how we do things here. He can help you with how you can bring the money here, no problem. I can give my partner gold in Dubai and he can just pay you anywhere in the world.

    I need him to come up with a plan of how to wash your money. And he’s clever. He washes money for the Russians,” Mr Macmillan said.

    It was during the encounter with Mr Alistair Mathias, who is based in Dubai, that it was revealed that some African countries have been heavily utilised for close to 13 years for money laundering.

    Ghana, Zimbabwe, South Africa, Zambia and Mozambique are just a few regions Alistair Mathias exploits to launder money.

    “I’ve been doing it for about 13 years now, 14 years. In Ghana I do one ton. I do $40 million every month out of Ghana,” Mr Mathias said. 

    Alistair Mathias’ posture as he engaged the undercover reporters

    Mr Alistair Mathias, with the period given, has smuggled gold worth 6,720 billion out of Ghana.

    “This region (Zimbabwe), I do probably about 500 to one ton again. I do roughly about $70 to $80 million every month. We can export from Zambia. I can export from South Africa,” he is recorded to have said.

    The report does not provide additional information such as the mode in which he is able to launder money and the agents that aid this work.

    Meanwhile, Al Jazeera has released the second episode of the four-part investigative series into gold smuggling in Africa.

    Source: The Independent Ghana

  • Kamala Harris accused by Russian Embassy in Accra for misinformation at the Jubilee House presser

    Kamala Harris accused by Russian Embassy in Accra for misinformation at the Jubilee House presser

    Russian Embassy in Accra has disputed some allegations made by American Vice President Kamala Harris during her visit in Ghana for three days.

    The precise remarks related to concerns about food security in relation to the war between Russia and Ukraine, with Harris allegedly blaming Moscow of starting a scenario where grain exports have been halted.

    The Embassy tweeted a picture that referred to Harris’ remarks as being false and listed what they claimed to be the facts of Russia’s grain supply.

    Their tweet was captioned: “The recent visit of US Vice President Kamala Harris to Ghana hasn’t gone without another portion of anti-Russian fakes that do not stand a simple fact-checking.”

    What Kamala reportedly said:

    “In terms of the Russia’s unprovoked war in Ukraine. There have been a number of impacts globally and to the United States included. In particular, it relates to the prevalence of our ability to have access to certain foods, and grain in particular, globally has been an issue.”

    The facts as stated by the Embassy

    FACT: European officials acknowledged that Ukraine has already supplied 53 million tonnes of grain and other food products – its annual export amount (for comparison: in 2019-2020 season – 54.9 M tonnes, in 2020-2021 – 44.9 M tonnnes.

    QUESTION: Why is then Africa facing food insecurity?

    ANSWER: 1) Because of EU and US sanctions that block the RUSSIAN grain export.

    2) Because 45% of the total volume of grain exported from Ukraine went to Europe and only 3% went to Africa.

  • Visit Ghana for lessons on how to make laws – Sam George to US over LGBTQ+ bill

    Visit Ghana for lessons on how to make laws – Sam George to US over LGBTQ+ bill

    Member of Parliament for the Ningo Prampram Constituency, Sam Nartey George, has criticized Kamala Harris, the Vice President of the United States of America, for her remark regarding LGBT+ (lesbians, gays, bisexuals, transgender, and questioning) activities in Ghana.

    Sam George claims that the vice president is unqualified to instruct Ghanaians on human rights concerns because human rights abuses are widespread in her native nation. The vice president is now in Ghana to develop ties between Ghana and the United States.

    He proceeded by suggesting that Americans should understand the legislative process in order to address such a difficult problem because human rights issues are prevalent in the US.

    Speaking in an interview with Citi FM on March 28, 2023, Sam George added that the American people should visit Ghana and learn a few things about the lawmaking process from our parliament because they are willing to assist them.

    “For the president to run away from his own government’s position on the Bill is unbelievable and worrying but let me assure you that we are not going to be cowed by the undemocratic comments of the American Vice President.

    “The American people should be coming to Ghana to learn a few things from our Parliament when it comes to issues of lawmaking because we will be in a good position to help them,” he stressed.

    He voiced unhappiness with President Akufo-Addo for his recent remarks regarding the LGBTQI+ bill when he spoke with Kamala Harris at a joint press conference.

    President Akufo-Addo is quoted to have said that the anti-LGBT bill, which was championed by “only a hand full of MPs”, is currently being considered by Parliament.

    Akufo-Addo added that even if the bill is passed, it will still have to be ratified by him.

    It may be recalled that Kamala Harris spoke on the issue of LGBTQ+ activities while responding to a question at Jubilee House, in Accra, on Monday, March 27, Kamala Harris said that for her, the LGBTQ+ issue was one that bordered on human rights.

    She added that every person has the right to live as he/she wants.

    “Let me be clear about where we stand. First of all, for the American press who are here, you know that a great deal of work in my career has been to address human rights issues and equality issues across the board including those related to the LGBT community.

    “And I feel very strongly about the importance of supporting freedom and supporting and fighting for equality among all people and that all people be treated equally.

    “I will also say that this is an issue that we consider and I consider to be a human rights issue and that will not change,” she stressed.

  • US donates $100 million to coastal West Africa’s fight against terrorism

    US donates $100 million to coastal West Africa’s fight against terrorism

    The US government has pledged to give five countries in West Africa $100 million to help fight potential extreme terrorism.

    The countries include Côte d’Ivoire, Ghana, Benin, Guinea, and Togo.

    This is in line with the US initiative to boost it eliminate violence and propel stability in areas vulnerable to conflict.
    US commits $100m to help combat terrorism in coastal West Africa

    This was announced by US Vice President Kamala Harris during her visit to the Jubilee House in Accra.

    She was hosted by President Akufo-Addo where they both held pertinent discussions of mutual interest.

    “Today I am pleased to announce $100 million in support of Benin, Ghana, Guinea, Cote d’Ivoire and Togo,” she said on Monday.

    “Last week President Joe Biden announced a strategic plan for coastal West Africa as part of the United States strategy to prevent conflict and promote stability.”

    She expressed hope that the funding will help implement the policy outlined by US President Joe Biden in the strategic plan.
    US commits $100m to help combat terrorism in coastal West Africa

    Madam Harris is currently embarking on a one-week tour which will see her visit Ghana and two other African countries – Tanzania and Zambia.

  • Aljazeera exposes Gold smuggler who steals $480m worth of gold out of Ghana every year

    Aljazeera exposes Gold smuggler who steals $480m worth of gold out of Ghana every year

    A gold merchant exposed by Aljazeera, Alistair Mathias has confessed that he sneaks out of Ghana with $480 million tons of Gold every year.

    In a recent investigation themed “Gold Mafia,” the international media exposed a group of criminals responsible for billions of dollars’ worth of money laundering and gold smuggling in Southern Africa.

    The International media’s most recent investigation, Gold Mafia, Al Jazeera exposed a group of criminals responsible for billions of dollars’ worth of money laundering and gold smuggling in Southern Africa.

    Al Jazeera’s latest investigation, Gold Mafia, has uncovered a band of criminals driving gold smuggling and money laundering worth billions of dollars in Southern Africa.

    However, those involved in this gold smuggling syndicate have business networks that stretch across the continent and operate in many other countries including Ghana.

    Alistair Mathias, described by the investigative reporters as a financial architect who builds money laundering schemes for corrupt politicians, was approached by undercover journalists posing as Chinese criminals to help them launder money from China.

    While assuring the undercover reporters of his competence, he revealed that he has been smuggling $40million worth of gold from Ghana monthly, which is $480 million worth of gold annually.

    “I’ve been doing it for about 13 years now, 14 years. In Ghana I do one ton. I do $40million every month out of Ghana. This region I do probably about 500 to one ton again. I do roughly about $70 to $80 million every month. We can export from Zambia. I can export from South Africa,” he told the reporters.

    He then urged the undercover journalists to set up a company in Dubai that they could claim was involved in the gold trade in order to help them launder their money.

    Al Jazeera has only released the first episode of the four-part investigative series into gold smuggling in Africa.

  • Ghana, four other West African countries to receive $100m US aid to combat terrorism

    Five countries in coastal West Africa will benefit from a $100 million aid to help combat possible extreme terrorism.

    This was announced by Vice President of the United States, Kamala Harris, on the second day of her visit to Ghana.

    The countries include Côte d’Ivoire, Ghana, Benin, Guinea, and Togo.

    This is in line with the US initiative to boost it eliminate violence and propel stability in areas vulnerable to conflict. 

    This was announced by US Vice President Kamala Harris during her visit to the Jubilee House in Accra.

    She was hosted by President Akufo-Addo where they both held pertinent discussions of mutual interest.

    “Today I am pleased to announce $100 million in support of Benin, Ghana, Guinea, Cote d’Ivoire and Togo,” she said on Monday.

    “Last week President Joe Biden announced a strategic plan for coastal West Africa as part of the United States strategy to prevent conflict and promote stability.”

    She expressed hope that the funding will help implement the policy outlined by US President Joe Biden in the strategic plan.

    Madam Harris is currently embarking on a one-week tour which will see her visit Ghana and two other African countries – Tanzania and Zambia.

  • Thomas Partey missing from Ghana’s starting XI in Angola return leg match

    Black Stars captain Thomas Partey is not part of Chris Hughton’s starting eleven who are to come up against Angola in the return leg today.

    Daniel Amartey will lead the Stars today as its captain.

    The starting XI include Lawrence Ati Zigi, Kingsley Schindler, Gideon Mensah, Joseph Aidoo, Edmund Addo, Salis Abdul Samed, Jordan Ayew, Mohammed Kudus, Kamaldeen Sulemana and Antoine Selorm Semenyo.

    Those benched include Thomas Partey, Patrick Kpozo, Nicholas Opoku, Inaki Williams, Abdul Manaf Nurudeen, Osman Bukari, Ransford Yeboah, Kamal Sowah, Joseph Wollacott, Joseph Painstil and Majeed Ashimeru.

    Ghana played Angola last Thursday at the Baba Yara Sports Stadium in Kumasi. Palancas Negras lost by a goal to nil.

    Source: The Independent Ghana

  • Kamala-Africa visit: China forcing US to deepen relation with continent?

    Kamala-Africa visit: China forcing US to deepen relation with continent?

    First it was the US secretary of state who visited Africa, then the vice president, and later in the year the president is anticipated to go.

    This flurry of trips by senior US government officials reflects a growing understanding that the country has to strengthen its ties to Africa.

    All of this occurs in the face of escalating opposition from other major world powers, particularly China and Russia.

    Vice-President Kamala Harris started her nine-day trip in Ghana on Sunday, where she was greeted by drummers and dancers at Kotoka International Airport. She will later go to Tanzania and Zambia.

    Ghana, with its focus on strengthening ties with the African diaspora as well as a record of several peaceful democratic transfers of power, provides an ideal launchpad for Ms Harris.

    Her trip, according to an official statement, is intended to “build on” December’s US-Africa summit in Washington where President Joe Biden said the US was “all in on Africa’s future”.

    But it is that future, boosted by a youthful and growing population as well as the continent’s immense natural resources, that have attracted a lot of other powerful nations vying for influence.

    While Secretary of State Anthony Blinken’s recent visit to Ethiopia and Niger focused on these countries’ security challenges, the vice-president’s tour will take her to nations facing serious economic problems.

    Ghana’s once-thriving economy is going through its most difficult financial crisis in decades.

    The country is seeking to restructure its debt amid surging inflation of over 50%. Finance Minister Ken Ofori-Atta has just been in Beijing leading negotiations with the Chinese government.

    “So far, very positive and encouraging meetings in China,” the finance minister tweeted as he expressed optimism that it would secure external assurances “very soon”.

    It needs the assurances to unlock financial support from the International Monetary Fund (IMF).

    It is not clear what, if any help, Ms Harris can offer, but it will be under pressure to act like a willing partner in the wake of Mr Ofori-Atta’s China visit.

    ‘US a friend – like China and Russia’

    Economist and professor of finance at the University of Ghana, Godfred Alufar Bokpin, does not think the visit will deliver “an immediate dividend” to help alleviate the country’s financial woes.

    “Having China on board is complicated,” he said, while noting that Ms Harris’ visit was “a very important” one for Ghana as it “elevates our relationship with the US to another level”.

    He told the BBC the interest the US is showing in the country and its debt crisis “is good” but he is worried about what he described as “unfavourable terms of trade” with creditor nations.

    U.S. first lady Jill Biden reacts next to Patricia Sola, founder of Hope Initiative Southern Africa, at the center, in Windhoek, Namibia, February 23
    Image caption,First Lady Jill Biden, seen here in Namibia in February, was another US dignitary to have recently visited the continent

    Zambia finds itself in a similar position to Ghana.

    The copper-rich nation became the first African country to default on its debt when the Covid pandemic hit.

    It is in prolonged discussions with China to restructure its debt and has also sought financial support from the IMF.

    The Reuters news agency quotes a senior US official as saying Ms Harris “would discuss the best ways for the international community to address debt challenges faced by Ghana and Zambia”.

    Like Prof Bokpin, Zambian analyst Dr Sishuwa Sishuwa thinks China holds more influence when it comes to restructuring debt. But the US wants to be seen as the more reliable partner.

    There is a growing sentiment on the continent that Africa should have a free choice in its relationships with the rest of the world.

    “Zambia sees the United States in the same way as it sees China and Russia – a friend,” Dr Sishuwa told the BBC.

    “When a country turns to China, or Russia, or the US for support, this should not be seen as snubbing one major power bloc or the other.”

    He said attempts to seek exclusive relationships with African countries may be counterproductive and unsustainable.

    This echoed South African President Cyril Ramaphosa’s comments during a visit to Washington last year when he said: “We should not be told by anyone who we associate with.”

    Senior US officials have told the BBC it is not their intention to tell African countries who they can be friends with.

    The US has however been keen to emphasise its focus on democracy in its relationships with African countries, something the vice-president is also expected to discuss during her visit.

    President Hakainde Hichilema of Zambia is due to co-host a virtual Summit for Democracy, along with four other heads of state including President Biden, shortly before receiving Ms Harris in the country.

    It is one of the values, along with human rights and good governance, that the US government says underpins its relationships with the continent – and sets it apart from China and Russia.

    Scepticism in Africa

    China has a non-interference policy in countries’ internal political affairs – something that has smoothed its engagement with autocratic leaders.

    And Russia’s presence in African countries that have experienced coups recently – Burkina Faso and Mali – has led to a souring of relations between them and the West, especially France, the former colonial power which had maintained close ties to both countries.

    Russia’s invasion of Ukraine has no doubt given Western nations an added sense of urgency in winning over more African countries. UN votes to condemn it divided African nations which accounted for half of all abstentions, including Tanzania which is also on Ms Harris’ itinerary.

    US Vice President Kamala Harris listens to Tanzania's President Samia Suluhu Hassan make a statement to the press before a meeting in the Eisenhower Executive Office Building April 15, 2022
    Image caption,Tanzania’s President Samia Suluhu Hassan first met Vice-President Harris in Washington nearly a year ago

    The US vice-president – the first woman to hold that position – will meet President Samia Suluhu Hassan, her country’s first female head of state.

    This shared experience of being pioneering women is creating a buzz in Tanzania.

    Many are also touting the visit as an endorsement of the progress the country is making and its growing visibility on the global map.

    It was not that long ago that Tanzania was something of an outcast under the presidency of John Magufuli, who was seen as having autocratic tendencies, curtailing the activities of the opposition and independent media.

    Ms Harris is the most senior US official from the Biden administration to visit Africa and the fifth since December’s US-Africa summit.

    Others have been the Treasury Secretary Janet Yellen, US ambassador to the UN Linda Thomas-Greenfield, First Lady Jill Biden and Mr Blinken.

    But with the renewed interest comes a demand from the continent to be treated fairly.

    Ghana’s Prof Bokpin said there was a level of scepticism about the heightened interest in Africa.

    “There’s a belief that a new Scramble for Africa is in play,” referring to the subdivision of the continent by European nations in the late 19th Century which led to decades of colonialism and exploitation.

    “This engagement needs to emphasise mutual respect,” he added.

    Source: BBC

  • We will defend and attack well – Chris Hughton on Angola return leg

    We will defend and attack well – Chris Hughton on Angola return leg

    Black Stars head coach, Chris Hughton, has pledged to ensure that his side leaves no stone unturned when it comes to defense and attack in the return leg against Angola.

    Sharing his take ahead of Monday’s game that takes place in Luanda, he said “the approach is that we are up against a good team. I can say something quite obvious, that we will have to defend well and we will have to attack well.  

    For Hughton, it is important that there is a balance.

    “We have to make sure that we are compact as team – this is for sure, because they are a good quality and they a very technical team.  But we are here to win the game and you can’t win the game unless you give yourself an opportunity to attack and to attack well. We have to be careful how we do this.”

    “If the game becomes too open, if it becomes end to end then of course it can be for any team so we have to have a strategy going into the game as we would in any game,” he added.

    According to him, the Palancas Negras will fall on the support from their supporters, however, that would not matter much since “we are a good team.”

    “We managed to get the victory a few days ago and it’s something we want to build on,” he added.

    Ghana beat Angola by a goal when they clashed at the Baba Yara Sports Stadium in Kumasi last Thursday.

    Source: The Independent Ghana

  • Afcon 2023 qualifier: Ghana play Angola today in return leg

    Afcon 2023 qualifier: Ghana play Angola today in return leg

    Ghana Black Stars and Angola face off today in Luanda at 4pm for the Africa Cup of Nations Group E clash.

    The Palancas Negras came up against the Black Stars last Thursday at the Baba Yara Sports Stadium and lost by a goal at the eleventh hour.

    Chris Hughton’s side which arrived in Luanda on Saturday night has recorded some injuries. Andre Ayew couldn’t make the trip as he has been ruled out due to injury.

    Other players who didn’t make the trip include Alexander Djiku, Mohammed Salisu and Denis Odoi.

    The Black Stars head coach travelled with 21 players.

    Meanwhile, Nicholas Opoku has joined the Black Stars in Luanda for today’s game.

    The Amiens defender has been drafted in to provide options for Chris Hughton following the absence of Salisu Mohammed and Alexander Djiku.

    Nicholas made his Black Stars debut in July 2017, and has gone on to play for Ghana 13 times and scored one goal. He is expected to provide competition for Joseph Aidoo and Daniel Amartey who are the only recognized central defenders in the team.

    Source: The Independent Ghana

  • What a privilege to visit Ghana – Kamala Harris

    What a privilege to visit Ghana – Kamala Harris

    It is a wonderful honor for her to be in Ghana and on the African continent, according to US vice president Kamala Harris.

    During her arrival in Accra on Sunday, schoolchildren, dancers, and drummers greeted the delighted second most important person in America.

    What an honour it is to be here in Ghana - Kamala Harris

    As she starts her three-day official visit to Ghana and a nine-day visit to Africa, she was beaming with smiles on a journey intended to deepen U.S. relationships as China extends its capture of the continent.

    What an honour it is to be here in Ghana - Kamala Harris

    An excited Kamala Harris could not hide her joy as she was welcomed by vice president Dr Mahamudu Bawumia and other government officials.

    With a hand placed on her heart, she smiled as she passed by the hard-hitting drummers and the graceful dancers.

    What an honour it is to be here in Ghana - Kamala Harris

    On her left-hand side were children cheering and waving both the Ghanaian and American flags.

    What an honour it is to be here in Ghana - Kamala Harris

    “What an honour it is to be here in Ghana and on the continent of Africa,” Harris said.

    “I’m very excited about the future of Africa.”

    She said she wanted to promote economic growth and food security and welcomed the chance to “witness firsthand the extraordinary innovation and creativity that is occurring on this continent.”

    “We are looking forward to this trip as a further statement of the long and enduring very important relationship and friendship between the people of the United States and those who live on this continent,” Kamala Harris said.

  • Photos:  Kamala Harris makes trip to Ghana

    Photos: Kamala Harris makes trip to Ghana

    The Vice President of the United States of America has started her much anticipated diplomatic visit of Africa.

    On Sunday, March 26, 2023, Kamala Harris landed to Ghana’s Kotoka International Airport.

    The Vice President expressed her desire to strengthen ties between the United States and Ghana and the continent while present with her husband, Douglas Emhoff, and other top US officials.

    Photos of Kamala Harris visit to Ghana
    Kamala Harris arrived in Ghana on Sunday, March 26, 2023. Photo Credit: Ministry of Information via Facebook

    Madam Harris is embarking on a one-week tour which will see her visit Ghana and two other African countries – Tanzania and Zambia.

    Photos of Kamala Harris visit to Ghana
    US Vice President, Kamala Harris in the company of her husband and other top US officials. Photo Credit: Dr Mahamudu Bawumia via Facebook

    Delivering her first address, Madam Harris highlighted the significant role of Africa in the world .

    She, therefore, hoped that her engagements while on the continent will foster investment in Africa.

    These are some of the forever-frozen moments of Madam Harris’ memorable visit to Ghana.

    Photos of Kamala Harris visit to Ghana
    Kamala Harris descended from the plane after touching down at Ghana’s Kotoka International Airport. Photo Credit: David Andoh
    Photos of Kamala Harris visit to Ghana
    A young Ghanaian presents a bouquet of flowers to the US Vice President. Photo Credit: Dr Mahamudu Bawumia via Facebook
    Photos of Kamala Harris visit to Ghana
    Vice President of Ghana, Dr Mahamudu Bawumia, welcomes US Vice President, Kamala Harris. Photo Credit: Dr Mahamudu Bawumia via Facebook
    Photos of Kamala Harris visit to Ghana
    Kamala Harris exchanges pleasantries with Ghana’s Foreign Affairs Minister. Photo Credit: David Andoh
    Photos of Kamala Harris visit to Ghana
    Culture on full display as Ghana welcome US Vice President, Kamala Harris. Photo Credit: Dr Mahamudu Bawumia via Facebook
    Photos of Kamala Harris visit to Ghana
    Kamala Harris walks to the podium to deliver the first speech of her three-nation African tour. Photo Credit: Ministry of Information via Facebook
    Photos of Kamala Harris visit to Ghana
    Some Ghanaian students wave flags to welcome US Vice President. Photo credit: Ministry of Information via Facebook
    Photos of Kamala Harris visit to Ghana
    US Vice President Kamala Harris touched by the warm welcome. Photo Credit: Ministry of Information via Facebook
    Photos of Kamala Harris visit to Ghana
    Kamala Harris delivers the first speech of her one week diplomatic tour of Africa. Photo Credit: Ministry of Information via Facebook
    Photos of Kamala Harris visit to Ghana
    Among other things, Madam Harris hoped her engagements during the tour would increase investments in Africa. Photo credit: Ministry of Information via Facebook
    Photos of Kamala Harris visit to Ghana
    Kamala Harris radiantly smiles at the students who gathered at the Airport to welcome her. Photo Credit: Ministry of Information via Facebook
    Photos of Kamala Harris visit to Ghana
    US Vice President walks towards students gathered on the grounds. Photo Credit: Ministry of Information via Facebook
    Photos of Kamala Harris visit to Ghana
    Kamala Harris interacts with students who cheered on her arrival. Photo Credit: Dr Mahamudu Bawumia via Facebook
    Photos of Kamala Harris visit to Ghana
    Kamala Harris escorted to the Jubilee Lounge after her address. Photo Credit: Dr Mahamudu Bawumia via Facebook
    Photos of Kamala Harris visit to Ghana
    Ghana’s Vice President, Mahamudu Bawumia interacts with US Vice President Kamala Harris at the Jubilee Lounge. Photo Credit: Dr Mahamudu Bawumia via Facebook

  • Gov’t must have a long-term plan for FSHS to prevent it from collapsing in coming years – Haruna

    Gov’t must have a long-term plan for FSHS to prevent it from collapsing in coming years – Haruna

    In the next ten years, if the government’s Free Senior High School (FSHS) program is not well structured, Haruna Iddrisu, a former minority leader, has warned, it may collapse.

    He contended that the program must include a means testing mechanism to determine who can pay and who cannot pay.

    The Tamale South MP indicated that organizations like UNESCO have all advised on the matter which the government has ignored for political expediency.

    “Mr. Speaker, we are doing what we ought to have done several years back, UNESCO was established somewhere 95 and Ghana has benefited enormously from them. Ghana needs to take advantage of UNESCO’s advice on secondary education. How accessible is it, what is the quality, are we running a secondary education that produces quantity and not quality?

    “Ghana needs a test mechanism to determine who can pay and who cannot pay. This political thing of wanting to please everybody at the detriment of quality will hang in this country in the next decade if we don’t look back,” he stated.

    Government has between 2017 and 2021 spent over 5 billion cedis on the free SHS policy.

    Reacting to the assertion of Haruna Iddrisu, majority Chief Whip Frank Annoh-Dompreh stated the program is work in progress and thus will in future accommodate the suggestions of means testing.

    The Nsawam-Adoagyiri MP however argued the policy has brought relief to many families.


  • Benching Dede Ayew was a difficult decision – Chris Hughton

    Benching Dede Ayew was a difficult decision – Chris Hughton

    Chris Hughton, the coach of the Black Stars, has given an explanation for why captain Andre Dede Ayew was left out Ghana’s starting XI in the game against Angola.

    The Black Stars defeated the Palancas Negras of Angola 1-0 on Thursday, March 23, 2023, at the Baba Yara Sports Stadium in Kumasi with captain Andre Dede Ayew sitting on the bench.

    After the game, the absence of the Nottingham Forest star dominated the headlines, despite Thomas Partey taking over the captaincy duties and leading the club to victory.

    Chris Hughton, who emphasized the captain’s qualities when discussing his decision to bench Andre Ayew at the post-game press conference, said that he made the right choice for the team.

    “As a head coach, you have to make difficult decisions. You know the quality that Andre possesses, but you also know the quality of the rest of the squad,” Hughton said.

    “Ultimately, it was my choice not to play him, but that doesn’t reflect on his abilities as a player. He remains a valuable member of the team.”

    The Black Stars after beating Angola 1-0 are now on top of the Group E table with 7 points ahead of the return leg in Luaanda on Monday, March 27, 2023.

  • China’s foreign ministry to discuss debt restructuring plan with Ghana

    China’s foreign ministry to discuss debt restructuring plan with Ghana

    China would like to enhance communications with Ghana to seek proper resolution of Ghana’s debt issue, its foreign ministry said on Thursday,

    Spokesperson Wang Wenbin made the remark in response to a question on Ghana’s finance minister visiting Beijing for a proposed restructuring of Ghana’s debt.

  • Mahama insists on using 60 ministers to manage the economy

    Mahama insists on using 60 ministers to manage the economy

    According to former president John Mahama, 60 ministries and deputies are sufficient to manage the country.

    He asserted that this will guarantee the effective use of Ghana’s limited resources for the benefit of all citizens.

    According to him, this will also curb the disparities in privileges enjoyed by political officeholders and citizens.

    The National Democratic Congress (NDC)’s 2024 Presidential Candidate hopeful said this is part of amendments that he will make to the 1992 constitution. 

    “We plan to take up and conclude the constitution review process that started under President John Evans Atta Mills. The reforms will include a review of the controversial Article 71,” he said.

    “I still believe that in this crisis period, Ghana can be managed with not more than 60 ministers. And to cut down on the number of officeholders and remove the disparities in privileges and emoluments.”

    Mr Mahama said this at a programme organised on Wednesday, March 22, on the theme “Financing political campaigns in Ghana we want: A case for more transparent and broad-based citizen participation.”

    He had earlier announced that if elected President in the 2024 general elections, he will assemble a government made up of only 60 ministers and deputy ministers.

    “I shall assemble and operate the leanest but most efficient government under our fourth republic. We will reduce, significantly, the size of the government,” he explained.

    “As I announced in my Ghana We Want address at UPSA late last year, I will form a government of less than sixty (60) ministers and deputy ministers of state.”

  • Afcon qualifier: Ghana plays Angola today

    Afcon qualifier: Ghana plays Angola today

    The Ghana Black Stars will play Angola today for the TotalEnergies Africa Cup of Nations qualifier.

    The two countries are facing off at the Baba Yara Sports Stadium in Kumasi at 4pm today.

    Head coaches Chris Hughton and Pedro Goncalves are yet to announced their starting XI.

    Ahead of today’s game, Chris Hughton noted that his side is prepared for whatever the Palancas Negras’ throw at them.

    “I look at my involvement in the team, the squad and association was before I was made head coach so I was aware of course as soon the campaign started and the draw was made that we will play against Angola.  So yes, as each coach will do, I have studied them in their last five, six, seven games.”

    “They are technically a very good team and obviously with Portuguese influence and a lot of good technical players so I am in no doubt that they are strong and tough opposition so we have to plan for that as we will do for any opposition. But certainly they have the capabilities and very much aware that they can cause us a lot of problem and we have to be prepared for that,” he said on Wednesday while addressing the press.

    Source: The Independent Ghana

  • Black Stars’ final training session before Angola match

    Black Stars’ final training session before Angola match

    The Baba Yara Sports Complex in Kumasi was packed when Black Stars coach Chris Hughton conducted his penultimate practice before the match against Angola.

    On Thursday, March 23, the Black Stars will welcome the Angolan Palancas Negras in Kumasi for the opening leg of a doubleheader to qualify for the 2023 Africa Cup of Nations.

    Chris Hughton’s house was finished with Abdul Salis Samed’s arrival, who was unable to meet up with his international teammates in Ghana on time due to a delay at the airport in France.

    After having less time to train under the new management, Abdul Salis Samed participated in team training, although it is unclear if he would start the match against Angola.

    Goalkeeper Jojo Wallacott who got injured after the goalpost fell on him during the session on Tuesday, March 21, also took part in the final training after he was cleared by the medical team.

    Mohammed Salisu was the only player who couldn’t complete the final training session after he was escorted to the dressing room over injury concerns.

    The Southampton defender is now a doubt for the game against the Palancas Negras according to head coach, Chris Hughton.

  • Ghana’s credit ratings will increase if government reduces spending – Economist

    Ghana’s credit ratings will increase if government reduces spending – Economist

    An economist, Professor Lord Mensah, has argues that if government reduces spending and effectively restructures its debt, the country’s credit rating will improve.

    Fitch has raised Ghana’s Long-Term Local-Currency Issuer Default Rating from RD to CCC.

    The issue ratings on domestically issued local-currency bonds that have not yet matured have also been upgraded to ‘CCC’ from ‘D’.

    In response to this development, Professor Lord Mensah stated that the government must seek advice on how to improve the economy in order to have a positive outlook.

    “If government will listen and try as much as possible to reduce expenditure, that will improve, probably, the rate we find ourselves in. We can even do better. So, there is always room for improvement. Let’s see what comes out in the coming weeks when we get our external debts restructured and then get the IMF programme which could improve the ratings further.”

    Fitch typically does not assign Outlooks to sovereigns with a rating of ‘CCC+’ or below.

    According to Fitch, the upgrade of Ghana’s LC-denominated debt follows the completion, effective 21 February 2023, of the domestic debt exchange programme by the Republic of Ghana.

    Fitch viewed the debt exchange programme as a distressed debt exchange in a context of heightened fiscal pressures, with interest costs amounting to 54% of revenues in 1H22, and a lack of access to international capital markets.

    The issue ratings on local-currency notes issued domestically that had a maturity date of 6 February 2023 and for which the remaining due principal payments were made on 13 March 2023 have been withdrawn given the expiry of these notes.

    Meaningless upgrade

    But Member of Parliament for Bolgatanga Central and member of Parliament’s Accounts Committee, Isaac Adongo has discredited Fitch’s upgrade.

    The Bolgatanga Central lawmaker says there is nothing to celebrate about the upgrade because the reality on the ground is that of hardship and suffering visited on investors and pensioners through the government’s infamous domestic debt exchange programme.

    Speaking in an interview on Eyewitness News on Citi FM, Mr. Adongo said that though Fitch thinks Ghana has made some gains with the domestic debt exchange programme, what the government has actually done is postpone the problem of default.

    “Fundamentally, there is nothing worthy to celebrate about the upgrade because what they have simply done is deny poor people and pensioners their monies and Fitch is celebrating that as a gain but to the people affected, they will not be happy and will not celebrate such a rating.”

  • Climate change affecting Ghanaian farmers’ rainfall prediction, productivity

    Climate change affecting Ghanaian farmers’ rainfall prediction, productivity

    All areas of life are impacted by climate change, but those that depend on the environment are most vulnerable. One example is rural areas with farms.

    Economic and non-economic effects of climate change on farmers are the two categories into which they are most frequently divided. Losses that may be calculated or assessed in monetary terms are considered economic consequences.

    Losses that cannot be assessed or quantified in monetary terms are referred to as non-economic impacts. Loss of indigenous knowledge, cultural heritage, and a sense of location and belonging are a few examples.

    Research and policy strategies have focused on understanding and addressing the economic effects of climate change. Less so the non-economic aspects. I study food and agricultural systems in Ghana. In a recent paper my colleagues and I sought to understand the non-economic effects of climate change on farmers in Ghana.

    Our findings have implications for climate change adaptation strategies and policies across the global south.

    It is important to note that our research is not in any way suggesting that climate change is the only process driving changes in the farming systems and local culture in Ghana. But, based on the interviews we did, we argue that climate change is playing a role.

    Our research and its findings

    We conducted 30 in-depth interviews and a focus group with farmers in Offinso, a farming area in southern Ghana. Offinso is traditionally known for both food and cash crops production in Ghana. Farmers in the area produce crops that include maize, vegetables, pawpaw and cocoa. Agriculture in the area is largely rain-fed.

    Farmers were asked to describe the weather patterns over a 30-year period. Their responses showed that they had experienced variable weather patterns, a situation that is affecting their farming activities.

    For example farmers were no longer able to predict rainfall patterns and farming seasons. Farmers indicated that 30 years ago, the rains were constant during specific months of the year. This enabled them to plan and organise themselves for their yearly farming activities, as they were able to predict rains and start of the farming season.

    But rainfall patterns have become very variable.

    A consequence of this was that farmers could no longer exchange labour in a system known as Nnoboa. Farmers explained that when they could predict the farming season, they organised themselves at the start of the farming season for Nnoboa. This is often based on the principle of helping one another on the farm as a way of building social bonds. Nnoboa was largely practised at the start of the rainy and farming seasons, when land preparation and planting of crops are required.

    But the variable nature of the rains had distorted the farming seasons and organisation of Nnoboa – communal labour. Instead farmers were relying on their nuclear families or hired labour. This reflected a much more individualist – as opposed to a communal – approach to farming.

    We also asked farmers to describe how climate change affected their mental well-being. We asked them to describe climate change effects that made them anxious, depressed, grief, helpless, hopeless and sad.

    They explained that extreme weather events such as storms and droughts destroyed their crops, leaving them emotionally distressed, helpless and sad. It was clear from the responses that extreme weather events are not new to farmers. Nevertheless, they expressed the view that major changes in weather patterns had become more frequent.

    Way forward

    Global efforts are underway to curb carbon emissions. Nevertheless changing weather patterns, drought and storm conditions continue to pose both economic and non-economic effects on vulnerable people.

    The neglect of the non-economic aspects of climate change in research and policy threatens to worsen the vulnerability of farmers. This gap needs to be filled so that appropriate conventional and local adaptation strategies and policies can be designed to address the effects of climate change in developing countries.

    This article is republished from The Conversation Africa under a Creative Commons license.

  • Debt cancellation: Will Ghana’s engagement with China be productive?

    Debt cancellation: Will Ghana’s engagement with China be productive?

    Ghana is facing a severe economic crisis and seeking a $3 billion credit facility from the International Monetary Fund (IMF) to avoid a potential collapse. 

    However, securing the support of its creditors is essential to obtain the IMF loan, and China is a significant creditor of Ghana. 

    As a result, Ghana’s President Akufo-Addo has appealed to Germany’s Finance Minister Christian Lindner to encourage China’s participation in the country’s economic recovery programmes. 

    Germany’s Finance Minister Christian Lindner

    “We have good relations with China. We would like you to encourage China to participate in these programmes as quickly as possible,” President Akufo-Addo said.

    In response, German Ambassador to Ghana, Daniel Krull, advised that Ghana reduces the size of her government to reflect the current economic challenges.

    “I can only compare with the other countries like mine and I can come to the conclusion that there is a huge number, the number is much higher than in my country, so that may bring me to the conclusion that there is room for improvement,” he said.

    Ghana’s Finance Minister Ken Ofori-Atta also initiated talks with China in February 2023 to discuss the former’s debt situation and explore possible solutions. 

    Ken Ofori-Atta
    Finance Minister Ken Ofori-Atta

    However, some experts are sceptical that Ghana’s engagement with China will be productive due to the country’s unique debt circumstances.

    According to Dr. Ishmael Hlovor, an international development expert, Ghana’s debt situation is more complicated than the debt of the 27 countries whose debts China cancelled in 2019. 

    These debts were getting to maturity, and there was something small left on them, whereas Ghana’s debt has more commercial lending components. 

    “In 2019 for instance, about 27 countries’ debts were cancelled. But if you scrutinise those loans, they were loans that were getting to maturation and there was something small left on them, but our situation is a little bit complicated because of commercial lending,” he told JoyNews.

    Therefore, Ghana should lower its expectations about debt cancellation and seek other ways to restructure its debts, such as extending the repayment period, lowering interest rates, or swapping debts with other creditors.

    Moreover, there is another school of thought that believes that Ghana’s stance on the Russia-Ukraine war could further complicate its negotiation with China, given China’s friendly relationship with Russia. 

    On February 24, 2023, Ghana supported a UN General Assembly resolution condemning Russia’s invasion of Ukraine, along with Nigeria, Ivory Coast, Egypt, and Kenya. 

    UN General Assembly

    President Akufo-Addo emphasized that “great powers trampling on small nations is not something that we welcome,” and Ghana would continue to hold its position. However, China has not directly condemned Russia’s invasion of Ukraine or otherwise and called for a cease-fire and peace talks instead. 

    Prior to this, President Akufo-Addo ratted out Burkina Faso, accusing the neighbouring country inviting in mercenaries from Russian firm Wagner.

    “To have them operating on our northern border is particularly distressing for us in Ghana,” he said in December 2022.

    China has close ties with Russia, as evidenced by the “no limits” partnership agreement signed between Beijing and Moscow in February 2022. More interesting is Chinese President Xi Jinping’s visit to Russia and their subsequent signage of another partnership agreement that seeks to deepen China-Russia relations. 

    Xi Jinping and Vladimir Putin

    It remains uncertain how China will respond to Ghana’s request for debt relief. 

    However, Ghana’s engagement with China could provide an opportunity for both countries to strengthen their economic ties and collaborate on infrastructure and development projects. 

    Ghana could leverage China’s Belt and Road Initiative, which aims to promote trade, investment, and connectivity between China and countries along the ancient Silk Road, to enhance its transport, energy, and communication infrastructure. 

    Nonetheless, Ghana must balance its engagement with China’s economic interests and its foreign policy objectives and ensure that it pursues sustainable and equitable development.

    Source: The Independent Ghana

  • Foreign Affairs Ministry hopeful of Ghana’s full membership status of International Organisation of La Francophonie

    Foreign Affairs Ministry hopeful of Ghana’s full membership status of International Organisation of La Francophonie

    Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has expressed the highest optimism over Ghana acquiring full membership status of the International Organsiation of La Francophonie.

    The International Organsiation of La Francophonie also known as Organisation internationale de la Francophonie is an international organisation representing countries and regions where French is a lingua franca or customary language, where a significant proportion of the population are francophones, or where there is a notable affiliation with French culture.

    Ghana is currently an Associate state of the organisation and is hopeful to attain full membership by the end of 2024 in order to strengthen cooperation between itself and its neighbours. 

    Speaking at a flag-raising ceremony to commemorate the 53rd anniversary of the International Organisation of La Francophonie, OIF, Foreign Affairs Minister, Madam Ayorkor Botchwey, noted that “I believe La Francophonie is more poised than ever to take up the challenges of the 21st century through economic cooperation and the development of cultural and creative industries in the quest for a better life for the younger generations. 

    “Ghana is therefore very excited to become a full member of this essential organisation, whose relevance to the socio-economic development of our country cannot be overlooked. We are happy to be part of this drive, which aligns with the vision of the government of Ghana,” she added.

     The 53rd anniversary of the International Organisation of La Francophonie, OIF, was held in Accra. 

    During the event, Madam Ayorkor Botchwey underscored the relevance of supporting education and research in French. This, she believes, will promote economic cooperation between Ghana and Francophone countries in line with sustainable development.

    “The various agreements and memoranda of understanding signed between Ghana and the OIF have accorded Ghana the opportunity to enjoy fruitful collaboration with organisations and its head member states. The linguistic plan signed in May 2018 and the teacher mobility program are notable examples of our engagements. Within the context of the Teacher Mobility Programme, Ghana has played host to over 20 French teachers drawn from various Francophone countries who are helping to improve the quality of teaching and learning French in all the regions of the country across various sectors,” she noted. 

    The International Organisation of La Francophonie is an 88-member Francophone community that has, for the past 53 years, become a diverse political, economic, and cultural space, contributing to maintaining global peace, cooperation, and sustainable development.

    It accounts for more than one-point-five million people in the world, representing one third of UN member countries. With nearly 20 percent of global trade, the organisation accounts for 16 percent of the world’s GDP. Ghana is closely associated with the Francophonie and shares its principles of peace, diversity, democracy, and human rights, among others.

    Ghana has, since 2006, had the status of an associate member within the International Organisation of La Francophonie. Madam Ayorkor Botchwey was hopeful Ghana will achieve full membership status at the 2024 summit of the organisation.

  • Angola team arrives in Kumasi for opening leg against Ghana

    Angola team arrives in Kumasi for opening leg against Ghana

    The national team of Angola has arrived in Kumasi for the opening leg of the two-match qualification series for the 2023 Africa Cup of Nations against Ghana.

    The Palancas Negras arrived at the airport in Kumasi directly from their headquarters in Algeria, where they were camped out in preparation for the two games.

    After replacing the trio of Nurio Fortuna, Zito Luvumbo, and Nelson Da Luz with Augusto To Carneiro, Loide Augusto, and Geraldo Costa Bartolomeu, respectively, Pedro Goncalves has the complete complement of players he invited to play against the Black Stars.

    Goncalves has acknowledged that the game against Ghana will be challenging, therefore his team must play well, and they are prepared for that.

    “We know the difficulties we are going to encounter, but we are ready to play a good game in Kumasi,” he told reporters

    “It is obvious that Ghana has changed coach but I believe there won’t be much change in what from their performance at the World Cup.”

    The Black Stars host the Palancas Negras at the Baba Yara Stadium this Thursday, March 23 before the second leg Tuesday, March 27, 2023, at Estadio 11 de Novembro in Luanda.

  • Ghana vs Angola: Chris Hughton to address the media today

    Ghana vs Angola: Chris Hughton to address the media today

    Black Stars head coach, Chris Hughton, will address the press today ahead of Thursday’s TotalEnergies Africa Cup of Nations qualifier between Ghana and Angola

    The engagement will take place at the media centre of the Baba Yara Sports stadium from 16:45 to 1700.

    Ghana will play Angola on Thursday, March 23, 2023 at Baba Yara Stadium at 1600.

    According to the Ghana Football Association, the first 15 minutes of the training session will be open to the media.

    Meanwhile, the Angola national team have arrived in Kumasi.

  • Ghana and India to intensify partnership

    Ghana and India to intensify partnership

    Last Friday, in Accra, a first-ever ceremony was held to commemorate the almost 70 years of friendship and bilateral ties between Ghana and India.

    Dubbed: ‘India-Ghana Partnership Day’, the ceremony afforded the two countries the opportunity to reaffirm their commitment to work together to scale-up bilateral relations for their mutual benefit.

    They also expressed their commitment to strengthen political, economic, cultural and multilateral-level partnerships, while advancing collaboration in areas such as arts and culture, medicine, security, agriculture, technology, cyber security and education.

    The celebration brought together dignitaries, including Members of Parliament (MPs), traditional leaders, state officials and members of the business community, at the residence of the Indian High Commissioner in Accra.

    They included the National Security Minister, Albert Kan-Dapaah; the Volta Regional Minister, Dr Archibald Yao Letsa; a Deputy Minister of Foreign Affairs and Regional Integration, Kwaku Ampratwum-Sarpong; the Agbogbomefia of the Asogli State, Togbe Afede XIV; a member of the Council of State, Sam Okudzeto; the MP for Tema West, Carlos Ahenkorah, and some alumni of the Indian Technical and Economic Cooperation (ITEC).

    India-Ghana Day will be celebrated annually to bring together stakeholders to discuss issues concerning both countries for their mutual benefit.

     Strong bond

    Addressing the gathering, the Indian High Commissioner to Ghana, Sugandh Rajaram, said India and Ghana had enjoyed intense bilateral relations for years, adding that India had been supporting Ghana’s development by providing assistance in developmental projects through the provision of lines of credit (LoC) and grants.

    “In the last two decades, we have extended more than half a billion dollars of concessional credit to Ghana for development projects and another half a billion dollars for new projects for critical infrastructure,” he said.

    Mr Rajaram said India had entered a critical phase of its development trajectory in the next 25 years and expressed the hope that it would scale up the economic relationship between Ghana and India to new heights.

    “We are looking at building a new economic India and the element to achieve that is to focus on small and medium enterprise capacity expertise to transform the economy through the use of new technologies,” he said.

    He said a strong partnership with Ghana was critical to take charge of issues concerning the global south at the global level.

    “Our developmental partnership with developing countries is also to ensure that the rich resources of Africa are used for the development of African countries through capacity building,” he added.

    He thanked stakeholders of the two countries for partnering not only in the political and the economic spheres but also among the people of societies.

    Development

    Mr Ampratwum-Sarpong, for his part, said the celebration was timely, as it offered the two countries the opportunity to raise awareness of the collaborative endeavours between them, while taking stock of collective achievements and challenges.

    He said Ghana had benefited from various training programmes and educational opportunities in diverse fields through the ITEC, which was established in 1964 to build the capacity of India’s friendly international partners, including Ghana.

    He thanked the businesses and leaders of the Indian community for partnering Ghanaian businesses and contributing significantly to Ghana’s economy and expressed Ghana’s readiness to work with them to develop both countries.

  • Ghana less likely to receive $3bn from IMF by end of March

    Ghana less likely to receive $3bn from IMF by end of March

    Ghana’s objective to receive a credit facility worth $3 billion from the International Monetary Fund (IMF) by the end of March seems to be on tenterhooks.

    This is because, on the IMF Executive Board Calendar, the Fund has not made room for a discussion on Ghana’s request for economic support.

    From March 22 to 29, 2023, the IMF will be in Papua New Guinea, Peru and Colombia.

    In Papua New Guinea, the IMF Board will be looking at the Request for the Extended Credit Facility/Extended Fund Facility. 

    The IMF Board will have a  2023 Article IV Consultation Meeting and 2023 Article IV Consultation with Peru and Colombia respectively.

    The IMF Board per the calendar has no official business up until March 27, 2023, when it engages Burkina Faso over its Request for Disbursement Under the Rapid Credit Facility.

    The Board’s final engagement in March happens on March 29, 2023. It will be providing  a World Economic Outlook; Global Financial Stability Report; Fiscal Monitor.

    According to the IMF on its website, its calendar is subject to change, however the agenda for each meeting is typically finalized the day before the meeting.

    President Akufo-Addo has assured that Ghana would receive support from the IMF by the end of this month.

    While presenting the State of the Nation’s Address on March 8, he said “we are on course for the IMF Staff to present to the IMF Executive Board Ghana’s programme request for a $3 billion extended credit facility by the end of the month.”

    The Minority Leader, Dr Cassiel Ato Baah Forson, is however, pessimistic about Ghana making headway in its engagement with the Fund.

    He argued that Ghana is yet to receive financing assurances from its creditors, hence his posture on the subject.

    “We need to get China to give Ghana financing assurance that they are ready to accept a haircut. Aside that, we are also expected as a country to get financing assurance from the Paris club, including Germany, who are telling us to go and cut down the size of our government and reduce government expenditure yet we don’t seem to care,” he said.

    It has been eight months since the Akufo-Addo-led government reached out to the IMF – believed to be the seventeenth time Ghana has gone to the Fund.

    Meanwhile, Finance minister Ken Ofori-Atta will travel to Beijing on Wednesday to meet Chinese officials to discuss a proposed restructuring of Ghana’s debt.

    On February 6, 2023, President Akufo-Addo announced China’s relevance in steps towards the recovery of the Ghanaian economy.

    Engaging the Finance Minister of Germany, Christian Lindner, the President asked that he put in a word for Ghana to convince President Xi Xinping to assist the West African country.

    “We have good relations with China. We would like you to encourage China to participate in these programmes as quickly as possible,” President Akufo-Addo said.

    Fifteen days later, reports emerged that Ghana had personally initiated talks with China.

    Finance Minister Ken Ofori-Atta planned to visit China, which it owes about $1.7 billion according to Reuters, and holds $5.7 billion of its external bonds by the end of the week (February 26). 

    Due to the National People’s Congress of China meeting scheduled for March 5, 2023, the meeting was postponed.

    On Monday, March 20, 2023, Mr Ofori-Atta left Ghana for China to resume discussions on a debt cancellation.

    Source: The Independent Ghana

  • Ghana ranked among 40 most unhappy countries in the world

    Ghana ranked among 40 most unhappy countries in the world

    Ghana is among 40 countries who are currently unhappy in the world.

    According to the World Happiness Report Ghana is 111th out of 146 countries.

    The 11th annual World Happiness Report is based on economic and social data as well as surveys of people’s perceptions of their happiness.

    A statement issued by Dr Isaac Newman Arthur, National Public Relations Officer of the Ghana Psychological Association (GPA), copied to the Ghana News Agency said “Happiness is a human right. Everyone deserves to be happy. Most of our human adventures and interventions are geared towards making happiness possible anytime, anywhere”.

    It noted that happiness reflects how satisfied a person was with their quality of life, and it was at the heart of all mental health issues.

    It said it was surprising the United Nations had set aside 20th March every year as International Happiness Day to serve as a reminder that happiness was a human right.

    The statement said the UN General Assembly in its resolution 65/309 in 2011, encouraged member countries to enact policies that will improve the quality of life of its citizens, and to use various indicators of happiness to guide policy decisions.

    It said each year, countries were ranked based on how happy their citizens were using the Gallup World Poll’s 14 indicators of happiness.

    It said it included citizen engagement, emotions (wellbeing), diversity, education and families, business and economy, energy and environment, government and politics, law and order, religion and ethics, health, transportation, communication and technology, work, and food and shelter.

    The statement said member countries were urged to build societies that ensured that the needs of their citizens were met.

    It said all mental disorders affect several areas of a person’s functioning which robs the person of the happiness they deserve or wish for.

    “Mental illnesses negatively impacts a person’s ability to cope and adjust to normal life situations, and live independently, form and maintain meaningful relationships, maintain a positive self-identity, and contribute meaningfully to society.” The statement said.

    “Ghana has come a long way to improve on mental health services for her citizens, supported by individuals and organizations.”

    It said the GPA, together with other mental health organisations had contributed immensely to this cause.

    “Can everyone be happy in Ghana, and in other parts of the world? Yes, we can! By actively engaging in activities which maximize our mental wellbeing, that is having a positive attitude towards life, entertaining positive friendships or networks, having ample rest, moderate exercises,

    learning to say ‘No’ when overwhelmed with avoidable schedules, having good nutrition, being thankful and grateful by counting our blessings amidst challenges, feelings of contentment, setting realistic goals and expectations, praying and meditating, engaging in hobbies and activities that create humor, forgiving ourselves and others, avoiding needless risks, and endeavoring to take informed decisions in life”.

    It said above all, seek professional help if in distress by contacting mental health professionals.

    “On this day, International Happiness Day, we wish all Ghanaians, and everyone anywhere a Happy Life.”

  • Akufo-Addo praises nine Voltarians for their outstanding contribution to Ghana

    Akufo-Addo praises nine Voltarians for their outstanding contribution to Ghana

    Regional Youth Resource Center at Adaklu in the Volta Region hosted Ghana’s 66th Independence Day celebration with the motto “Our Unity, Our Strength, Our Mission.”

    The president chose the region to host the yearly celebration in accordance with his personal pledge to rotate the event across the regions to strengthen national solidarity, according to Lord Commey, Director of Operations in the president’s office.

    The occasion was graced by the President of Guinea Bissau, Umaro Sissoco Embalo who doubles as the Chairman of the Economic Community of West African States (ECOWAS) as the special guest of honour, as well as some powerful chiefs in the region including Togbe Afede XIV, the Agbogbomefia of Asogli State, Togbui Sri III, Togbui Fiti among others.

    While speaking at the anniversary, President Nana Akufo-Addo praised some individuals from the region who have greatly contributed to the nation’s development.

    “Ladies and Gentlemen, this is part of Ghana has produced, arguably, the nation’s two greatest composers, Ephraim Amu, composer of that great anthem, Mia denyigba lorlor la (Yen Ara Asase Ni), who taught us to take pride in our culture, and Phillip Gbeho, composer of Ghana’s vibrant and much loved national anthem; Daniel Chapman Nyaho, one of Ghana’s most eminent administrators who, at independence, helped ensure a seamless transition when the British left; the Reverend Ametorwobla, that powerful orator who proved you could be both a priest and a politician; and Esther Ocloo, née Nkulenu, trail-blazer and industrialist extraordinaire, whose entrepreneurial spirit lives on.

    “This is the part of Ghana that also gave us Komla Agbeli Gbedemah, Ghana’s first Minister for Finance and one of the founding fathers of our nation, and the charismatic Jerry John Rawlings, first president of the Fourth Republic and Ghana’s longest serving head of state,” part of the president’s speech said.

    GhanaWeb has compiled a list of all the seven Voltarians lauded by the president during his speech at the 66th Independence Day celebration.

    1. Jerry John Rawlings

    John Jerry Rawlings was the first president of the Fourth Republic and Ghana’s longest-serving head of state. He was a Ghanaian military officer and a politician who led the country in 1979, and then from 1981 to 2001. He was born on June 22, 1947, and died on November 12, 2020.

    2. Ephraim Amu

    He was born on 13 September 1899 at Peki-Avetile of the Volta Region and died on 2 January 1995.

    Ephraim Amu was a Ghanaian composer, musicologist, and teacher. He is well known as the composer of one of Ghana’s most popular patriotic songs, ‘Yen Ara Asase Ni’.

    3. Komla Agbeli Gbedemah

    He was a Ghanaian politician and the first ever Ghana Minister of Finance in Nkrumah’s government between 1954 and 1961. He is popularly known as ‘Afro Gbede’. Gbedemah was born at Anyako in the Volta region on June 17, 1913, and died on July 11, 1998.

    4. Phillip Gbeho

    Philip Comi Gbeho was a Ghanaian musician, composer, and teacher

    He was born on January 14, 1904, in a fishing community at Keta in the Volta region and died on September 24, 1976.

    Philp Gbeho is also known as the composer of the Ghana National Anthem; God bless our homeland Ghana.

    5. Daniel Ahmling Chapman Nyaho

    Daniel Ahmling was a Ghanaian statesman and a diplomat. He was born on July 5, 1909, at Keta in the Volta region and died on July 13, 20221 at age 92.

    Chapman Nyaho was one of Ghana’s most eminent administrators who, at independence, helped ensure a seamless transition when the British left.

    6. Esther Ocloo

    Esther Afua Ocloo was a Ghanaian businesswoman, who was among the founders of Women’s World Banking in 1976. She was born on April 18, 1919, at Peki Dzake and died on February 8 2002 at age 82.

    7. Reverend Ametorwobla,

    Reverend Ametorwobla was a powerful orator who proved that one could be both a priest and a politician.

  • FACT: Ghana is the most indebted African country to the IMF

    FACT: Ghana is the most indebted African country to the IMF

    Although Ghana’s debt to the IMF remained constant at $1.70 billion in January 2023, it has however been ranked the most indebted African country to the IMF.

    According to the Fund’s Quarterly Finances ending January 31, 2023, Ghana’s outstanding loans to the International Monetary Fund stood at 1.278 billion Special Drawing Rights (SDR 1.278 billion) at the end of January 2023, equivalent to $1.708 billion.

    This is out of Africa’s total loans outstanding of SDR 16.15 billion to the Bretton Wood institution as of January 31, 2023.

    The country has, however, so far repaid SDR 53 million, equivalent to $75.7 million to the IMF.

    Ghana’s loan exposure to the Bretton Woods institution is classified as concessional lending. Concessional loan comes with a low-interest financing.

    Democratic Republic of Congo and Kenya were ranked 2nd and 3rd in Africa with the largest outstanding loans of SDR 1.142 billion and SDR 1.015 respectively to the Fund as of January 2023.

    They have also received a disbursement of SDR 304 million and SDR 239 to boost their balance of payments.

    Ghana ranks 1st with Africa's highest outstanding loans to IMF

    Sudan and Uganda were 4th and 5th respectively with their exposure to the Fund estimated at SDR 992 million and SDR 632 million. Uganda has also received a disbursement of SDR 180 million to aid its fiscal economy.

    The rest of Africa was indebted to the tune of SDR 10.1 billion to the IMF. The African countries have so far received disbursement of SDR 1.25 billion post-Covid-19.

  • Parliament pays GHS8m out of GHS13m debt to ECG

    Parliament pays GHS8m out of GHS13m debt to ECG

    In order to avoid being disconnected, Parliament has paid the Electricity Company of Ghana (ECG) about GH8 million of the GH13 million debt it owe.

    The payment comes after revenue mobilization task force from ECG visited Ghana’s legislative house with the intention of disconnecting it from the national grid.

    The exercise is part of the power distributor’s effort to recover over GH¢5 billion of debt accrued by private and state institutions for non-payment since August last year.

    The exercise began today, March 20, 2023, after ECG announced the closure of its main offices except for customer support departments in order to embark on a one-month-long exercise.

    The taskforce is currently heading to another institution.

  • Ghana does not need consensus to build the national cathedral – Rev Klabi

    Ghana does not need consensus to build the national cathedral – Rev Klabi

    Several clergy have offered their personal opinions and suggestions on the best course of action that the government should take on the national cathedral debate as it continues to soar in the current economic climate.

    Latest among them is a reverend minister of the Global Evangelical Church – Ghana, Rev. Calvin Klabi, who has indicated that, Ghana does not need a consensus to build the national cathedral.

    Speaking on the HardTruth show on Ahomka FM and Ocean 1TV, Rev. Klabi reiterated that, from the time of Ghana’s first president Osagyefo Dr. Kwame Nkrumah through Flt. Lt. Jerry John Rawlings to H.E Nana Addo Dankwa Akufo Addo, Ghana has never had a consensus in any of its projects; from the construction of the Tema motorway, to the building of the Akosombo Dam, the National Theater, Jubilee house, the University Medical Center and now to the National Cathedral.

    He, however, advised that the country needs a national policy or agenda that will drive it for a long time and which will seek to direct the policies of the successive government.

    Rev. Calvin Klabi encouraged government to give a listening ear to suggestions and comments from other stakeholders in ensuring that, the interest of the ordinary Ghanaian is championed at all times.

  • “I will reset Ghana to factory mode” – ‘Sleepless’ Mahama says

    “I will reset Ghana to factory mode” – ‘Sleepless’ Mahama says

    Former President of Ghana, John Dramani Mahama has asserted that the country’s economic challenges will recover after it has gone through “default settings”.

    The flagbearer aspirant of the main opposition National Democratic Congress (NDC) noted that Ghanaians are not only suffering but also businesses are collapsing under Akufo-Addo’s administration.

    He said irrespective of the hard times businesses are going through, the government is also harassing owners with taxes and threatening to shut them down if they do not pay the taxes.

    Mr Mahama said he would have opted not to contest the Presidency again because he has done his part but due to the bad economic situation, he will not be able to sleep if he does not come back and deliver the economy.

    He said his next government will reset the nation to a default setting to build a stronger foundation to enable the younger generation to build on it.

    Mr Mahama was addressing delegates of the NDC in the Nhyiaeso Constituency of the Ashanti region as part of his three-campaign tour of the region.

    Mr Mahama’s visit to all constituencies across the country is on.

    He has so far covered 47 constituencies in four regions, traveling a minimum of 2,708 kilometres to meet and interact with branch and constituency executives.

  • EPA Launches Strategic Environmental Assessment on Development of Petroleum Hub in Ghana

    EPA Launches Strategic Environmental Assessment on Development of Petroleum Hub in Ghana

    A Strategic Environmental Assessment(SEA), on the creation of a petroleum hub in Ghana has been released by the Environmental Protection Agency (EPA).

    The findings and recommendations in the report will be incorporated into the strategic decision-making process and guide the establishment of the hub.

    To ensure that the establishment of the Petroleum Hub does not destroy the Fauna and Flora of the area which is close to the Ankasa forest reserve the Environmental Protection Agency, EPA launched a Strategic Environmental Assessment report to sensitize decision-makers about the environmental impacts of the facility.

    Speaking at the SEA Report Launch the Chief Executive of EPA Mr. Henry Kwabena Kokofu explains the need for the report saying that this will serve as a roadmap to ensure that PHDC’s activities do not affect the environment.

    Deputy Executive Director of EPA, Dr. Christine Asare said the Petroleum Hub will be a high monitoring and evaluation area to ensure that the necessary steps are taken to secure the environment.

    Chief Executive of PHDC Charles Owusu said the Report is timely as the PHDC is engaging stakeholders and the community in decision-making during the plan preparation process.

    PETROLEUM HUB

    The Petroleum Hub Development Corporation, PHDC is a megaproject in the Jomoro Municipality of the Western Nzema Traditional Council in the Western Region.

    The hub is expected to be a leading integrated petroleum complex that will add value to the upstream and downstream oil and gas value chain in Africa.

    The petrochemical facility will cover 20, thousand acres of land and will house a complex web of onshore, offshore and ancillary assets. It will comprise three refineries, five Petrochemical Plants, Shared Storage Interconnected and Jetties with Port infrastructure.

    The development of the Petroleum Hub in Jomoro will accelerate the growth of the petroleum downstream sub-sector and make it a major player in the economy.

    The Petroleum Hub development will increase the presence of major international oil trading and storage companies, create regional trading champions, and encourage joint ventures between local and international companies for knowledge transfer and wealth creation.

    It will also provide the country with Liquefied Natural Gas (LNG) facilities for power production and drive the growth of various industries including petrochemicals.

    The development of the Petroleum Hub is expected to transform Ghana’s economy and is projected to create more than 780,000 direct and indirect jobs by 2030.

    RECOMMENDATIONS

    PHDC must develop and implement an Integrated Biodiversity Management Plan, IBMP with consideration for Gender, the Vulnerable and Excluded/Marginalised.

    The Riparian Buffer Zone Policy for the management of water bodies and wetlands within the Petroleum Hub must be implemented.

    Compliance with industrial pollution control limits must be ensured by the necessary collaborators.

    Operations of the Hub are likely to negatively impact the health and safety of the workers and the people living in the nearby communities, including climate change impacts. The Factories Offices and Shops Act, 1970 (Act 328) enjoins factories, offices, and shops to indicate welfare facilities provided, notification of operational accidents and illnesses, health and welfare standards, safety measures, complaints related to dangerous conditions and practices and related matters in Ghana.

    The Monitoring and evaluating emission levels. Resettlement and compensation which must be adequate and timely including land ownership, acquisition and conflicts.

    Alternative Livelihood and Support Schemes such as the Livelihood Empowerment Against Poverty (LEAP) must be extended to cover affected groups and individuals who cannot be trained in alternative livelihood schemes especially the aged, women, the vulnerable and the excluded/marginalized.

    Inadequate capacity of locals to participate in the development and implementation of the Petroleum Hub activities. The establishment of the Petroleum Hub will have significant economic benefits for Ghana. The key issues identified under the economic pillar include the inadequate capacity of locals to participate in the development of the Petroleum Hub and the creation of jobs and the prevention of job losses.

    Develop and implement capacity-building programmes including relevant technical and vocational skills for the locals, CSOs, academia, Traditional Authorities (TAs), and Association of Ghana Industries (AGI), among others with consideration for women, the vulnerable and the excluded/marginalized.

    Establish an integrated waste management system within the JMA and the Petroleum Hub under a framework for zero impact philosophy and maximizing local content.

    Ensure continuous transboundary dialogue to prevent any potential security threats and conflicts.

    Cultural heritage issues are held in high esteem within the communities and could lead to conflicts if not properly managed. It is advised that the PHDC should work with TAs and local communities to develop unambiguous guidelines on cultural heritage issues to inform potential investors.

  • Asamoah Gyan’s tribute to Atsu

    Asamoah Gyan’s tribute to Atsu

    Ever since Christian Atsu’s demise was announced testimonies about his selfless being keep pouring in.

    Asamoah Gyan, former captain of the Black Stars, has joined the others in penning down a heartfelt homage to the late Ghanaian international.

    According to him, Atsu was one of his favorites as he derived support and encouragement from him.

    He commended Christian for remaining humble despite reaching the height of his career.

    The former captain added that Ghana and the world at large has lost a great soul, as Atsu is irreplaceable.

    Find Asamoah Gyan’s tribute:

    Christian was one of my favourite players and also one of the guys very close to my heart.

    I’m not God but the trust Christian had in me was unbelievable. He always tells me “ Asa, please try and play every game for us cos I don’t see us winning without you”.

    Anytime he sees me, he shakes he head and starts laughing. After every goal I score, Christian always walks to me and always say “ Asa, Nyame shira wo (God bless you). My heart is in pain for loosing humble, innocent and unbelievable footballer like Christian. Thank you for everything. Rest in Peace Brother.

    Today, Friday, March 17 the late Christian Atsu’s family, friends, football players, and prominent figures, including President Akufo-Addo, have gathered to pay their final respects.

    Atsu was discovered dead on Saturday, having spent the previous 12 days trapped beneath wreckage after the terrible earthquake that devastated Turkey and Ukraine.

  • Bloomberg: Banks in Ghana plan for $427 million of losses amid debt restructuring

    Bloomberg: Banks in Ghana plan for $427 million of losses amid debt restructuring

    Ghana’s move to restructure its local currency and overseas debt is weighing on banks from Africa to the UK.

    Four of Africa’s biggest lenders — Standard Bank Group Ltd., FirstRand Ltd., Absa Group Ltd., and Nedbank Group Ltd. — collectively set aside 4.87 billion rand ($267 million) to account for the losses, impairing as much as 57% of local and onshore dollar-denominated debt holdings. Meanwhile, Standard Chartered Plc set aside $160 million.

    A rare move to restructure local debt — bondholders exchanged 87.8 billion cedis ($7.1 billion) of notes that paid an average of 19%, with bonds returning as little as 8.35% — have resulted in losses for financial institutions. Ghana is restructuring most of its public debt, estimated at 576 billion cedis, to finalize a $3 billion bailout from the International Monetary Fund.

    “We dealt with the risk, because as we see it, while there’s a potential for a better outcome, there’s also potential for a worse outcome,” Absa Chief Financial Officer Jason Quinn said in an interview. “So that’s why we took a position to impair those extensively.”

    Absa’s unit in Ghana, its third-largest lender by assets, booked 2.7 billion rand as impairment, including 2.2 billion rand for sovereign bonds, and another 500 million rand to cater for other government-related exposures. The lender maintains that its unit remains well capitalized.

    Standard Bank, which runs the fourth-biggest lender in Ghana by assets, said it’s ready to re-capitalize the business should they need to, even though the Ghanaian unit’s balance sheet is a “fortress.” The lender holds as much as 2.6 billion rand in Ghanaian bonds.

    “It is unfortunate where they find themselves,” FirstRand CEO Alan Pullinger said in an interview earlier this month. “The debt sustainability just wasn’t there and when you are over-geared, you eventually run out of cash and you have to call a default.”

    President Nana Akufo-Addo’s government plans to start “substantive” discussions with international bondholders and their advisers in coming weeks, Finance Minister Ken Ofori-Atta said on Feb. 16. The nation targets cutting its liabilities from an estimated 105% of gross domestic product in 2022 to 55% by 2028.

    The costs to local lenders will only be known later given the stock exchange allowed them to delay releasing financials.

  • Ghana is retrogressing – Dr Wereko-Brobbey

    Ghana is retrogressing – Dr Wereko-Brobbey

    A pioneer of private media in Ghana, Dr Charles Wereko Brobbey, has stated that Ghana’s growth has not been remarkable since it attained independence to take charge of its own activities.

    Speaking to the media, he said “In our 66 years of independence and 32 years of the Fourth Republic and we need to ask ourselves since we became independent how far have we travelled down the road of managing our own affairs?

    “I don’t think we’ve made much progress and we seem to be going back and if we’re not careful we shall become neo-colonies of the so-called developed countries.

    “And I feel that after 30 years of the Fourth Republic and two turns of the two main political parties, what I see happening is that this country is going nowhere, in fact, we’re retrogressing,” he said on Thursday.

    According to him, matters will be worse should this trend continue for two more decades.

    Dr Wereko-Brobbey said his projection comes after he diligently observed the system of governance in the Fourth Republic. 

    “So we should look at what democracy and independence actually mean to us going forward because I fear that if we keep going down the same route in 20 years, we’ll have nothing to talk of.

    “All the best talents in this country would have left and many people would be in a state of apathy,” he said.

    Meanwhile, a former UN Advisor, Prof Baafuor Agyemang-Duah said it was not too late to salvage the situation of Ghana.

    He concurred with previous views that Ghana needed union governance to reconcile factions so that there will be a unified approach to development.

  • Everything is ready at Baba Yara Sports Stadium to host Ghana-Angola clash – NSA

    Everything is ready at Baba Yara Sports Stadium to host Ghana-Angola clash – NSA

    Baba Yara Sports Stadium is ready to host Ghana’s match against Angola on March 23, according to Peter Twumasi, Director General of the National Sports Authority.

    The Black Stars will be back at the location for the first time in a year following their 2022 World Cup play-off match against Nigeria.

    The Black Stars will play host to Palancras Negras on March 23 at the Baba Yara Sports stadium before travelling to Luanda for the rematch on March 27, 2023.

    In an interview with Accra-based radio station Peace FM, the NSA boss discussed whether the venue was ready to host the senior national team.

    “Yes by the grace of God…I left the place and got to Accra yesterday. I was also there throughout last week work went on smoothly and everything is ready. What we are looking forward to is God will grant us 23rd then we kick off,”

    Ghana is joint top of the Group E table with 4 points from two games following a 3-0 win over Madagascar and a 1-1 draw with Central African Republic in June last year.

  • West Hills Mall: MPs demand independent probe into death of man

    West Hills Mall: MPs demand independent probe into death of man

    An oversight investigation into the events leading up to the death of a young man at the West Hills mall in Accra has been demanded by members of parliament (MPs).

    Video footage showed some people abusing 32-year-old Shadrack Arloo while he was tied on the floor of the mall and was later confirmed dead at a hospital.

    A police investigation into the matter revealed that the suspect died of asphyxiation and obstruction of his airway by a foreign body suspected to be marijuana.

    In a statement on the floor of Parliament, the Member of Parliament for Jomoro, Dorcas Affo-Toffey together with some Members of Parliament urged the house to constitute an independent commission to investigate the matter.

    “I call on this August House to invoke its legislative authority to set up an independent police commission and grant it the powers to investigate, for example, instances where the police stand accused of unlawful killing. Such a response will help curb actual or potential cover-ups in the future”.

    “Mr. Speaker kindly permit me to state that I have petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate the horrifying human rights violation meted out to against Shadrack. Let me also use this opportunity to urge the Commission to quicken its investigation into the matter to give the grieving family closure. I humbly pray that the statement be referred to the Committee on Defence and Interior to conduct an independent parliamentary probe into the true circumstances leading to the death of Shadrack,” she said.

    The police pathologist found eight zipped packets of dry leaves that were likely drug-related in the deceased’s throat, tied with a piece of black polythene.

  • Ghana will save $4.8bn annually due to ‘Gold for Oil’ policy – Bawumia

    Ghana will save $4.8bn annually due to ‘Gold for Oil’ policy – Bawumia

    The ‘Gold for Oil‘ policy, which began this year, is expected to save the country $4.8 billion per year, according to Vice President Dr Mahamudu Bawumia.

    The Vice President noted that the ‘Gold for Oil’ policy, which is now in its third month, is already having a positive impact and is expected to result in lower gasoline prices beginning March 16, 2023.

    Dr Bawumia made this known while speaking at the commissioning of a new head office for the Bulk Oil Storage and Transportation Company in Accra.

    ”The savings in foreign exchange when we do this will be an annual savings of $4.8 billion every year and that means the oil importing companies will not be going to the Bank of Ghana looking for $4.8 billion to buy oil”, he said.

    BOST is mandated to build a strategic reserve of stocks of petroleum products to meet a minimum of six weeks of national consumption from the Gold for Oil policy.

    The Vice President stated that the policy is on track to achieve its overall goal of lowering fuel prices and relieving pressure on the country’s forex reserves.

    He also stated that the government’s goal for this year is to reduce oil imports by 50%. Ghana has since received two consignments under the Gold for Oil policy.

  • Reduce Parliamentary seats from 275 to 200 – Afenyo-Markin

    Reduce Parliamentary seats from 275 to 200 – Afenyo-Markin

    Alexander Afenyo-Markin, the Deputy Majority Leader, has suggested that the 275-seat in Parliament be decreased to 200 seats.

    According to the member of parliament from the Effutu seat, this will reduce the strain on the public coffers.

    “I must say that one critical thing to look at is to put an upper limit on the number of MPs that we must elect each year. It is unpalatable that a small country like Ghana with its many financial problems has 275 MPs. In contrast with all its financial muscle, Australia has 151 and 76 senators. We need a change in the law to stop the unnecessary expansion in the number of seats in our Parliament.”

    The Effutu legislator made the comments at this year’s GIMPA Law Conference on Wednesday, March 15.

    He added that Ghana needs an Upper chamber which will be known as the House of Elders. To this end, he has proposed that the Council of State be converted to serve this purpose.

    “I hold the view that Ghana needs an upper chamber, it should be known as the House of Elders whose election shall remain non-partisan and whose primary role shall be to moderate the current parliamentary excesses and extreme partisanship.

    “Thus the Council of State should be converted into the Upper Chamber of Parliament…I am not suggesting that the current Council of State is not helpful.”

    Mr. Afenyo-Markin also lamented challenges regarding the role of MPs stating that they have become development agents contrary to their lawmaking and representation of electorate functions.

    This he said has made some MPs retire as paupers and live miserable lives. He added that claims that some MPs are corrupt are completely untrue if one looks at the life of some MPs after they leave the House.

    “Although lawmakers are not strictly speaking development agents, many MPs have had to dig so deep into their private pockets to provide public infrastructure to benefit underserved communities in their constituencies. In the process, many MPs have retired as paupers and have to deal with the pain of paying for private loans they contracted in their time in office to provide for the needs of their constituents.”

  • Ghanaians must consume what they produce for economic progress – Prof Stephen Adei

    Ghanaians must consume what they produce for economic progress – Prof Stephen Adei

    Former President of the Chartered Institute of Marketing- Ghana (CIMG), Professor Stephen Adei, has noted that for Ghana to see economic growth, citizens must consume what they locally produce.

    According to him, economic growth is hinged on consumption, the reason developed countries have maintained their growth since they consume what they produce.

    “The wealth of nations is ultimately determined by its consumption pattern. You can see that in developed countries, they consume what they produce and export to us. Why developing countries tend to be near consumers and not producers of manufactured goods and modern services.

    If we consume what we produce, we are creating wealth for ourselves and employment. Consumption is the pivot of economic progress,” he said.

    Professor Stephen Adei made the remarks while commemorating World Consumer Rights Day on March 15, 2023.

    Since time memorial, Ghanaians have been entreated to consume what they produce and move away from their taste for foreign goods. This is the main reason Ghana’s economy is heavily-import dependent.

    Also, Prof Adei noted it has been the practice for producers to exploit consumers – an action he frowned upon. He noted that the rights of consumers must be protected.

    “There is often the emphasis on production of services and of goods but the consumer is the king. The consumer is not only the king but queen, president and the chief. It is unfortunate that oftentimes, consumers become the victim of unscrupulous producers.”

    For Prof Adei, everyone must be interested in the rights and protection of consumers, as every business and individual at a point, becomes a consumer.

    “The reality is that oftentimes, most of the consumers don’t have the capacity or wherewithal to protect themselves,” he added.

    He therefore urged Chartered Institute of Marketing, Ghana (CIMG) which was granted a Parliamentary Act 1021 to regulate the standard in marketing practice and the training of marketing professionals in Ghana

    The theme for this year’s celebration is “Empowering consumers through clean energy transitions.”

    Source: The Independent Ghana