Author: Krobea

Arsene Wenger has been unveiled today as FIFA’s new Chief of Global Football Development. The illustrious French manager was welcomed by FIFA President Gianni Infantino to the world football governing body’s headquarters in Zurich. Wenger will be chiefly responsible for overseeing and driving the growth and development of the sport for both men and women around the world. He will also be the leading authority on technical matters, both as a member of the Football and Technical Advisory Panels involved in The IFAB’s review and decision-making process on potential changes to the Laws of the Game, and as chairman of…

The Minister of Finance, Ken Ofori-Atta, has disclosed that the Electricity Company of Ghana (ECG) will still have a private firm to partner it despite the cancellation of the deal with the Power Distribution Services Ghana Limited (PDS). Addressing Parliament on Wednesday, Mr Ofori-Atta said the government cannot overstate the importance of learning from past mistakes. He said the nation’s major power-distribution company still needs a private partner in order to make it more viable. “Mr. Speaker, considering ECG’s current distribution systems losses of 24 per cent, comprising 13 per cent commercial and 11 per cent technical losses, government is…

Next year will see the coming into existence of a new bank, National Development Bank (NDB), the Minister of Finance has revealed. Ken Ofori-Atta says already feasibility study for the establishment of the bank, specifying its rationale, mandate, business model, legal and regulatory framework, ownership, governance and sustainability has been been completed. He made this known in Parliament on Wednesday, November 13 when he delivered the 2020 economic statement and financial policy of government. He said $250 million has been secured from the World Bank for the start of operations of NDB in 2020. “The National Development Bank as envisioned…

Ghana’s economy has grown by the double since 2017 when Nana Addo Dankwa Akufo-Addo became president, the Minister of Finance has said. He said economic growth rebounded strongly from 3.4% in 2016 to an average of 7% under the Akufo-Addo-led government while year-on-year inflation has fallen from 15.4% in December, 2016 to 7.6%. This inflation rate, according to Mr Ofori-Atta, is the lowest in 27 years. He made this known on Wednesday while delivering the 2020 budget statement and economic policy of government in Parliament. It is in fulfilment of Article 179 of the constitution and Section 21(3) of the…

Minister of Sanitation and Water Resources Cecilia Abena Dapaah says government has resolved to re-engineer landfill sites across the country as part of its sanitation drive. She says most of the landfill sites will be made to look like grounds where even weddings can be held, starting from next year. She made this known while speaking to 3FM’s Winston Amoah ahead of the Minister of Finance’s presentation of the 2020 budget statement and economic policy. Ms Dapaah said her sector expects to receive enough budgetary allocation to pursue some of its projects such as ‘One Household One Toilet’ and the…

In a major step in the fight against Ebola, the World Health Organization (WHO) has approved the world’s first ever vaccine against Ebola. The drug, called Ervebo and manufactured by MERCK pharmaceuticals, was being used in an experimental phase in the Democratic Republic of Congo. But now the WHO says there is sufficient evidence that shows that the vaccine works. It means the world now has the first ever drug to prevent Ebola. A WHO prequalification is granted only after a drug passes important safety and efficacy tests. But this vaccine has already been in use since last year to…

A river near the inter-Korean border has turned red after being polluted with blood from pig carcasses. South Korean authorities had culled 47,000 pigs in an attempt to halt the spread of African swine fever (ASF). Heavy rains caused blood to flow from a border burial site into a tributary of the Imjin River. African swine fever is highly contagious and incurable, with a near zero survival rate for infected pigs, but it is not dangerous to humans. Local authorities dismissed concerns that the blood could cause the spread of African swine fever to other at-risk animals, saying the pigs…

The National Labour Commission (NLC) says the strike declared by the Judicial Service Staff Association of Ghana (JUSAG) is illegal. On Tuesday, November 12, JUSAG declared that it is embarking on an indefinite strike starting Wednesday, November 13 over members’ salary review. In its notice of action, JUSAG said its leadership met the Commission on Monday to communicate its resolve to embark on strike. “No staff/member of JUSAG shall report to work on Wednesday, 13th November, 2019,” a statement issued by JUSAG directed. But a few moments later, a letter signed by the Executive Secretary of NLC, Ofosu Asamoah, said…

The management of Kumasi Asante Kotoko has parted ways with Norwegian coach Kjetil Zachariassen. The agreement was reached at an official meeting with the club Tuesday evening. It is quite unclear what the reason for his sack is but sources say the exit from the CAF Confederation Cup at the hands of San Pedro of Ivory Coast dealt the coach a major blow. Zachariassen has become a major topic of discussion in the past days when he went missing after the San Pedro game a week ago. The club cited security concerns in Kumasi as the major reason why the…