Tag: Government

  • Government releases GH¢5bn to settle customers of defunct Savings & Loans firms

    Government through the Ministry of Finance has released GH¢5 billion to the receiver of the defunct Savings and Loans and microfinance companies to “fully settle all validated claims due depositors”.

    This was contained in a statement issued by the Ministry on Monday, February 24.

    President Nana Addo Dankwa Akufo-Addo had hinted in his message on the state of the nation in Parliament last Thursday that measures have been put in place to settle the customers from Monday.

    According to the statement, by the release of the funds “all depositors will now be paid in full”.

    This comes after government spent GH¢6.1 billion to settle customers of up to GH¢20,000 each, pending the sale of assets of the defunct financial institutions.

    So far, a total GH¢17.7 billion has been spent in the settlement of customers since the clean-up of the financial sector.

    The statement disclosed that sale of assets of the defunct institutions has been slow.

    “We expect that the recent accelerated pace of the prosecutions and an intensification of the civil recovery process under the receivership will result in substantial recovery of these monies for the Treasurer.”

    The funds will be disbursed to the customers through Consolidated Bank Ghana (CBG).

    Depositors have been told that the receiver and CBG will provide a detailed plan and procedures on how to settle them.

    Source: 3news.com

  • You have 72 hours to evacuate Ghanaian students in China Minority to government

    The Minority Caucus has called on the Government to as a matter of urgency, evacuate Ghanaian students currently locked up in China, to a less coronavirus-prone area or back to Ghana.

    They have in effect, given the Akufo-Addo-led government a three-day ultimatum to take action.

    Failure to that, they noted, will see them reconvene and tell the world their next line of action.

    According to them, France, United State of America, Switzerland, Philippines, Russia, Libya among other countries have all evacuated their nationals from China as a result of the CoronaVirus.

    The United States of America, they noted, is even doing a second round evacuation of their nationals, urging the Government to swiftly move in to save the Ghanaian students before anything bad befalls on them.

    Over 400 Ghanaian students are estimated to be in China.

    At a press briefing on the sidelines of Parliamentary sitting, Tuesday, the Ranking Members of the Foreign Affairs and Health Committees, Samuel Okudzeto Ablakwa and Kwabena Mintah Akandoh, said Ghana has the capacity to evacuate their students from China, especially, those trapped in Wuhan, the epicenter of the CoronaVirus.

    They cited war ravaged Libya as an example to buttress their argument, stressing that during the war nine years ago, Ghana was able to evacuate her nationals who were more than a thousand back to Ghana.

    According to them, records released by the World Health Organisation (WHO) indicates that 1,016 people have been confirmed dead with 43,000 infested with the Corona Virus.

    “The Government cannot be insensitive to the plight of Ghanaians. This is a humanitarian issue and the earlier the government acts, the better”, they noted.

    Source: kasapafmonline.com

  • Aburi rockslide: Act now or risk serious disaster Geologist warns government

    A geologist at the University of Ghana, Dr. John Kusimi has called on the government to act with urgency to avoid what he describes as a looming disaster on the Aburi-Ayi Mensah road.

    “A soon as possible within the capacity and the means of the state, we should act to do something before the next rainy season comes this year. If not we will be waiting for this looming disaster to strike,” he said.

    Assessing the situation on the road which has seen multiple incidents of rockslide within the last two years, Dr. Kusimi told Ghanaweb in an interview that, even though the Aburi Mountain falls within a fault line making it prone to earthquakes, the current situation on a stretch of the road is as a result of the infiltration of water.

    He said the construction of the road which saw parts of the mountain being scrapped off allowed water to permeate the mountain overtime. This he said has resulted in the mountain gaining more weight than it can hold.

    According to the earth scientist, the gradient slope of the mountain which was rendered steeper due to the road construction, coupled with the penetration of water into the rocks is what has brought about the current situation of mass wasting currently being experienced.

    “When the rocks were cut into and got exposed, we have a process we call weathering. The rocks were not exposed to water, now they are exposed to water. So the rocks got weathered and became loose.”

    Speaking more on the factors influencing the situation of the rocks falling off to GhanaWeb, Dr. Kusimi said the erection of building structures on top of the mountain is serving as a major factor as it compounds to the weight of the mountain gained through the penetration of water.

    He cautioned that should the right measures not be adopted in time to handle the situation, the risk of having a major disaster occur on the road stands very high, especially with the coming of the rainy season.

    Proposing some measures that can serve as long term solutions to the recurrent incidents of a rockslide on the road, Dr. Kusimi said authorities should start by demolishing the structures which have been put up on the mountain.

    “The time they were constructing the road was the time they should have done the netting. Now they should scrape all the loose materials, do a concrete spraying on the surfaces of the exposed rocks and then fix the net. So the few rabbles of loose stones that will fall the net will trap it. As for the removal of the buildings that is the first thing that has to be done.”

    Furtherance to the scrapping of the rock surface and spraying concrete on it, some short rooted plants should be planted on the surface of the rocks to reduce any possible infiltration of water into the rocks, he proposed.

    Dr Kusimi also called for the immediate seizure of all human activities such as quarrying on the mountain.

    “Quarrying is taking place there, quarrying also has an effect that can trigger these things, especially if they are using very strong materials like dynamites to blow them up. It has a similar effect like the earthquake. So the quarrying has to stop, the building and construction of human infrastructure and all those human activities that are going to expose the rocks to weathering should be stopped.”

    Source: www.ghanaweb.com

  • Minority mounts pressure on government to evacuate Ghanaian students in China

    The Minority caucus in Parliament has called on the government to immediately evacuate Ghanaians living in Wuhan, the epicentre of the coronavirus outbreak in China.

    The Minority Ranking members on the Health and Foreign Affairs, Kwabena Mintah Akandoh and Samuel Okudzeto Ablakwa made the call when they spoke to the members of the parliamentary press corps on Tuesday afternoon [February 11, 2020].

    They argued that it was unfathomable that President Akufo-Addo has remained quiet on the matter since the outbreak while his administration seems unmoved by the distress calls by Ghanaian students in Wuhan.

    Admitting that they were mindful of the available World Health Organisation (WHO) protocols on evacuations, they insisted those protocols could be followed in the evacuation process.

    ”We have convened this press conference to renew our demands on the Akufo-Addo led government to immediately evacuate our nationals in Wuhuan, particularly students who are stranded and continue to cry out for help. The leadership of this country, cannot be callous, cannot be insensitive… when it is about the life of our nation. It is in times like these that we asses the value that leadership places on the life of our citizens. We hereby call on the Akufo-government to immediately evacuate our students, particularly those under lock and key.”

    “We have discussed as a Minority and the leadership of the Minority caucus have asked that we give a three-day ultimatum to the Akufo-Addo government. They have three days, latest by Friday, the evacuation of Ghanaian students should take place and these students should be brought to us. We owe them. We should not be callous and insensitive to their plight,” Mr Ablakwa said.

    Source: Graphic.com.gh

  • Murder cases: No fears, Ashanti region is safe Minister assures

    The Ashanti Regional Minister Hon Simon Osei Mensah has assured that there is no cause for alarm over murder cases that have occurred in recent times in the region.

    According to the Regional Minister Hon Simon Osei Mensah, the Ashanti Regional Security Council (REGSEC) is working tirelessly to deal with armed robbers and criminals in the region.

    Since January 2019, seven women have been murdered, including a community nurse who was gang-raped and murdered last week at Ayuom in the Ashanti Region.

    The Ashanti Regional Minister Hon Simon Osei Mensah speaking to the media in Kumasi said adequate security measures have been put in place by the security agencies to protect law-abiding citizens in the region.

    The Minister explained that though the Region has recorded several cases, armed robbery, murder, and other crimes have reduced drastically with the help of the security.

    “When you start doing swoop and parading criminals, people get frightening that is why nowadays the police do not parade arrested people after swoop. The region is safe because we are putting in much effort to deal with criminals and armed robbers. The most important thing is to reduce it drastically even if we cannot eliminating it” the Minister said.

    “The crime rate in the region has reduced down as compared to the previous. The security agencies are ready to protect lives and properties in the region. There is no cause for alarm” He added.

    The Region Minister Hon Simon Osei Mensah revealed that police in the region have commenced serious investigations into murder cases that have occurred in the region especially the nurse who was allegedly murdered at Sewua.

    The Minister, however, appealed to the general public to be security-conscious and also assist the police to fight criminals and armed robbers.

    Source: kingdomfmonline.com

  • Government’s sectorial performance since 2017

     

    Photo Credit: delivery.gov.gh

     

    Photo Credit: delivery.gov.gh

    Source: backend.theindependentghana.com

  • Government to ban importation of accident and overaged vehicles into Ghana

    Government has initiated processes to pass the Customs Amendments Bill into law to regulate the importation of vehicles into Ghana.

    Mr Osei Kyei-Mensah-Bonsu, the Majority Leader and Minister of Parliamentary Affairs disclosed this in a radio interview on Okay FM, an Accra based Radio Station Tuesday morning.

    He said the decision to ban importation of accident and overaged vehicles into Ghana is to create the enabling environment and market for the many automobile companies about to establish outlets in Ghana. Not only that, he also said they are the reasons why we have so many accidents on our roads.

    Currently, overaged vehicles are allowed into the country after the payment of penalty but Government is considering a complete ban of the importation of vehicles which are 10 years old and also prevent the importation of salvaged vehicles. (Salvage vehicles are those that have been involved in an accident or vehicles that are flooded).

    German car-maker, Volkswagen, Nissan and Toyota are various vehicle manufacturing companies that have plans to set up assembling plants in Ghana to serve the Ghanaian market and other countries.

    Source: gbcghanaonline.com

  • Government secures US$250m World Bank funds to start National Development Bank in 2020

    The National Development Bank is expected to commence operations in 2020 to provide access to cheaper and long-term funding to some key companies operating in the agriculture and manufacturing sectors.

    The Finance Minister delivering the 2020 budget statement to Parliament said the government is set to complete discussions with the World Bank and other development partners to capitalize the bank in 2020 for it to commerce operations.

    World Bank Board of Directors approve $150m for education in Ghana

    “We have secured US$250 million from the World Bank as initial capitalization to kick-start the operations of the NDB and an interim board was set-up.”

    “In view of the high level of interest generated, other donors such as DFID, KFW, AfDB are expected to provide additional capitalization for the Bank once it becomes operational in 2020.”

    “The National Development Bank as envisioned will refinance credit to industry and agriculture as a wholesale bank, and also provide guarantee instruments to encourage universal banks to lend to these specific sectors of the economy,” he added.

    The Bank is expected to act as an independent institution with a strong corporate governance framework and would be globally rated to enable it to leverage foreign private capital for industrial and agriculture development in the country.

    Increase IDA Funding to US$100m Ken Ofori Atta to IMF/World Bank

    Mr Ofori-Atta said the government will also provide periodic dedicated funds for intervention in key areas of the economy such as large scale agro-processing, housing, through various schemes and funds as needed for economic and social development and jobs.

    2020 Budget Statement and Economic Policy by The Independent Ghana on Scribd

    Source: citinewsroom.com

  • Government pledges GHC12.2m for Kumawu roads

    Government is expected to construct 5.2 kilometers road in the Kumawu township of the Ashanti Region.

    The construction process is to cost the State an amount of GH¢ 12.2 million.

    Minister of Roads and Highways, Amoako-Atta, made this known on Friday, October 11, 2019, in Kumawu.

    Sinohydro money will come Government

    He made the announcement after the Omanhene of Kumawu, Barima Sarfo Tweneboa Kodua, Omanhene of Kumawu Traditional Area, pleaded with President Nana Akufo-Addo to address the road challenge in the area.

    The Minister said by June 2020, the roads will be completed.

    The roads include Market square link road, Krobo Adusei, Kumawu Anglican Church, he said.

    President Akufo-Addo assured the Chief that the three factories expected to be built in the area would be completed.

    World Mental Health Day: Support nurses at psychiatric hospitals Abena Korkor to government

    The President is on a tour of the Ashanti Region.

    He was accompanied by the ministers of education, food and agriculture, health, among others.

    Source: dailyguidenetwork.com

  • Government urged to enforce fishing by-laws

    SEND-Ghana, a non-governmental organisation, has called on government to enforce bye-laws to properly regulate the fishing industry and reduce illegal activities.

    A Field Officer of SEND-Ghana, Nana Kwesi Barning-Ackah said application of the laws had become necessary to ensuring that the fisher folk increased their yield.

    He made the call at a national dialogue on a situational analysis of farmers and fisher-folk in Accra.

    The meeting, held in partnership with Oxfam, brought to the fore the challenges crop farmers and fisher-folk face with potential gender differences.

    Stealing of waste bins a greedy and selfish act Sanitation Minister

    It was on the theme: “Promoting Economic Justice, Food, Security and Agricultural Governance Using Gender Responsive Budgeting.”

    He said to effectively patrol the over 300 landing sites dotted along the coast, the laws must work and people who flouted it must be dealt with accordingly.

    Nana Barning-Ackah appealed to government to assist by subsidising the cost of fishing inputs such as outboard motors and fishing nets, fast-track the construction of landing beaches, particularly in James Town, and strengthen sensitization of fisher-folk on new fishing methods.

    Reporting on the findings of the agricultural sector, he said food security was important to the economy and, therefore, the need for government to commit resources to increase yield.

    He said farmers were constantly faced with the challenges of land acquisition, marketing, agricultural inputs, storage facilities and loans to enhance their work.

    It was, therefore, important for government to recruit more extension officers and equip them with the needed tools to assist farmers to ensure best practices, Nana Barning-Ackah said.

    He said government should dialogue with traditional authorities to limit encroachment on dedicated agriculture lands as there were not enough lands for farming activities.

    “Government should fast-track the construction of warehouses/storage facilities to help farmers store their produce during bumper harvests and have reserves for the dry season as well as create avenues for farmers and fisher-folk to easily access loans,” he said.

    Akufo-Addo cuts sod for construction of Axim mini fishing harbour to begin

    Dr Emmanuel Ayifah, the Deputy Country Director SEND-Ghana, said the dialogue was to increase evidence to inform public policy debates on gender-responsive budgeting in agriculture and the fisheries sector.

    Rev. Enock Baodu Amo, the Deputy Director/Acting Head, Research, Statistics and Information Management Directorate, Ministry of Fisheries and Aquaculture, commended SEND-Ghana for carrying out the research.

    He said the Ministry had taken note of the various challenges in the sector and was working to mitigate them.

    Mr Amo said plans to build fishing harbours at the landing beaches and inland were underway to ensure proper storage.

    He noted that the close season had come to stay and urged fishermen to adhere to it to reduce the over-exploitation of fish stocks in marine waters.

    Mr Robert Nettey, a Fisherman at James Town, called on government to ensure that all forms of illegal fishing methods were stopped to give meaning to the close season.

    Chief Osman Fukuyama, a Farmer at Bereku in the Central Region, called for organic agriculture to enhance the sector, saying; “We need to keep our lands fertile to increase yields if not Ghana would soon have to import food to feed her citizens.”

    Source: Myjoyonline.com