Author: Krobea

Former Executive Director of Standard Chartered Bank Alex Mould has challenged the Resident Representative of International Monetary Fund (IMF) claim that Ghana’s debt servicing ratio to revenue for 2019 was around 30 percent. According to the financial expert, the figure quoted by the IMF rep was not accurate. “It should rather be approximately 60 per cent,” the former banker noted. He calculated that based on Ministry of Finance’s data on Ghana’s 2019 Fiscals released in February 2020. Ghana’s interest payment was around GH¢20 billion with debt amortisation (foreign debt alone) being about GH¢11 billion, he indicated. “So adding interest and…

President Nana Addo Dankwa Akufo-Addo left Ghana on Friday for a 12-day working visit to Scotland, Norway, the United Kingdom, Switzerland and Belgium. On Saturday, February 22, President Akufo-Addo will deliver the keynote address at the St Andrews Africa Summit, a student-led initiative that promotes a versatile discussion about Africa, African and African Affairs, on the theme ‘Leadership, Development and Entrepreneurship’. The President will then travel to Oslo, Norway, to pay an official visit, at the invitation of Prime Minister Erna Solberg. As co-Chair of the Eminent Group of Advocates of the 2030 United Nations Sustainable Development Goals with the…

A member of the governing New Patriotic Party (NPP) in the Evalue Gwira Constituency in the Western Region, Eric Selby Ogbame, plans putting an injunction on the upcoming parliamentary primary. He blames constituency and regional executives of the party for his inability to file his nomination forms to contest in the primary for Evalue Gwira. According to Eric Selby Ogbame, when the party opened nominations, he went to the constituency office but was denied the forms. Tried as he had, the constituency executives did not sell him a nomination form and with no explanation. He then proceeded to the regional…

A fantastic lobbed through ball from Mateo Kovacic split the Manchester City defence and found N’Golo Kante who had timed his run to perfection. The World Cup winner and former PFA Player of the Year took the ball down and past Fernandinho with his right foot and squirmed it past Ederson with his left, sending Chelsea fans into rapturous ecstasy.  They were after all just eight points behind Liverpool and after accumulating an impressive twenty four points out of the first thirty six available, a win would have meant they were well and truly in the title race. They didn’t…

The Member of Parliament for Takoradi Constituency, Kwabena Otchere Darko Mensah, has berated members of the governing New Patriotic Party (NPP) who tout themselves as members only when the party is in power. It disgusts him to see people parading themselves as members of the New Patriotic Party (NPP) only when they are seeking something for their personal interest. He is particularly incensed that sometimes some affluent members of the party will keep their wealth to themselves when the party is in opposition and watch on while the party struggles for funds for its activities. “It must be said that…

For the first time in the history of music reality shows, the winner of TV3 Mentor Reloaded will receive a posh two-bedroom house. Ordinarily, the bragging rights alone as the winner of the best musical talent in Ghana’s most sought after music reality show – TV3 Mentor – is big enough. Just check the records. But to receive a never done before prize of a luxurious two-bedroom house in a gated community in Accra is one definitely for the history books. It is unprecedented! Six contestants are now in the running for that ultimate prize, the fame, and opportunities that…

Police in Ho have rescued 14 children trafficked from Tatale in the Northern Region to Adjena, near Akosombo in the Eastern Region, to work on vegetable farms. The children, eleven boys and three girls, aged 10 to 16, were rescued in transit at Juapong in the Volta Region on February 07. A press release from the Regional Police Command said the traffickers; Owusu Dever, 42, and Ndonda Nakoja, 74, were standing trial in a Ho Circuit Court. The release said investigations showed that parents of the children would receive GH¢2,000.00 on each child, a year, for working on the farm.…

Lesotho’s Prime Minister Thomas Thabane, 80, is to be charged with the murder of his estranged wife Lipolelo Thabane, police have said. Mr Thabane announced he would be stepping down in July because of old age, without commenting about the case. His current wife Maesaiah Thabane has already been charged with the murder. He would be the first African leader to be charged with a domestic murder while in office, in a case that has shocked the tiny mountain kingdom. Lipolelo, 58, was shot dead two days before Mr Thabane became prime minister in 2017. At the time, he described…

Aduana Stars and Asante Kotoko have been involved in what many have described as a bizarre incident at Dormaa Ahenkro in the Bono Region. The two sides played with ten players apiece instead of 11 on the field for 90 minutes. Aduana defender Farouk Adams and Kotoko midfielder Martin Antwi were seen sitting on the touchline both waiting for the other to enter the pitch first. The two coaches, Maxwell Konadu and WO1 Paul Tandoh for Kotoko and Aduana respectively, turned a blind eye to this incident and when Kotoko coach, Maxwell Konadu was asked why he did not start…

President Nana Addo Dankwa Akufo-Addo has thanked Hollywood actor Boris Kodjoe and international marketing icon Bozoma Saint John for their immense contribution to the success of the ‘Year of Return’ celebration last year. The President, while addressing Parliament on the State of the Nation on Thursday, acknowledged the two personalities for using their star power to attract thousands to the country. “I should thank two people, in particular, who have embraced their Ghanaian heritage and have played a key role in our effort to building lasting bridges between Ghana and African-Americans: Hollywood star, Boris Kodjoe and international marketing icon, Bozoma…