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- BoG must explain sale of over 50% of gold reserves – Amin Adam
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Author: Krobea
A 30-minute rainstorm has caused havoc at Somanya in the Eastern Region. The rainstorm begun Monday around 3:00pm with no warning signs and lasted for 30 minutes. An uprooted tree fell on the Somanya-Kpong Highway, making the road inaccessible hence a heavy vehicular traffic for hours. A storey-building housing the Barclays Bank and other offices had its roof ripped off. Vehicles belonging to staff of the Bank parked close to the building were badly affected. The vehicles had their screens broken and parts visibly mangled. Some residents were also displaced as a result of the rainstorm. Efforts were made by…
The Bank of Ghana has indicated its resolve to scrutinize compensation package policies of universal banks to ensure that remuneration for key management personnel including Chief Executive Officers are linked to the performance of the banks and quality of its assets. The Governor of the Central Bank, Dr. Ernest Addison, addressing journalists at the 91st monetary policy press briefing, added that “to ensure transparency, banks will be required to publish Value Added Statements disclosing details of the compensation packages of key management personnel and Boards of Directors separately from total employee compensation”. Executive compensation in the banking sector has come…
Government has been accused of showing lack of commitment in searching for one Emmanuel Essien, a fisheries observer, who went missing five months ago. The missing fisheries observer was tasked on July 5, 2019 by the Ministry of Fisheries and Aquaculture Development to observe a Chinese vessel. He is said to be on board the vessel, Meng Xin 15, when it left for fishing. However, the vessel returned without this observer. The crew later reported that the observer was missing. On Monday, November 25, Ghana National Canoe Fishermen Council (GNCFC) held a press conference demanding the whereabouts of the Ghanaian.…
The Ghana National Canoe Fishermen Council has called on government to immediately begin consultation with artisanal fishers before the selection of the specific months for the proposed 2020 closed season. Addressing a press conference in Accra, the Council with support from the Far Ban Bo (FBB) Project, funded by the European Union, noted the closed season should be implemented for all fleets at the same time rather than at different times. It also called for the implementation within biologically scientific period – the pawning period from July to September. The group noted this is the only time the closed season…
The Ghana Football Association has named former GFA Chairman, Lepowura MND Jawula as the new Chairman of a new seven-member Premier League Management Committee. The Vice Chairman of the Committee is Jesse Agyapong, a marketing consultant. The GFA has discarded the system which all Premier League clubs were represented on the Premier League Management Committee (formerly called Premier League Board). Under the new system, the Executive Council will nominate two representatives, who will be the Chairman and Vice Chairman respectively, and the eighteen Premier League clubs will nominate the remaining five members of the Premier League Management Committee. Lepowura M.N.D.…
Western Region Communications Director of the opposition National Democratic Congress (NDC) Richard Kirk Mensah has been robbed. Mr. Kirk Mensah discovered on Sunday morning while preparing for church that his Tata Xenon double cabin pick-up has been broken into. “I was inside preparing for church when a neighbour who was passing by my house called me to ask what has happened to my car. I got alarmed and rushed out only to discover that the glass of the driver side door has been smashed.” “When I opened the door, I realized that some envelopes and documents had been taken away.…
A Deputy Minister of Local Government and Rural Development, Osei Bonsu Amoah, says it was the then Majority in Parliament which wanted a referendum before an amendment to the constitution for the election of MMDCEs. He said deliberations on the election of metropolitan, municipal and district chief executives (MMDCEs) have been on the cards for quite some time now with the two major political parties in absolute agreement. He told Abena Tabi on TV3’s The Key Points on Saturday, November 23 that the two parties agreed that the amendment should be effected. But the Akuapem South MP said when deliberations…
Mr Dan Kwaku Botwe, Member of Parliament for Okere and Minister for Regional Re-organization and Development, has said he has not called for cancelation of the upcoming referendum as some media reports claim. Speaking with the Ghana News Agency he said, to rather postpone the referendum and schedule for another time would be expensive, so it was far better now or never and stressed that “I am all for the referendum to be held on December 17, as scheduled”. He said the referendum to decide whether the election of Metropolitan, Municipal and District Chief Executives (MMDCEs) as well as the…
Otumfuo Osei Tutu II, the Asantehene, has called on the Chairperson of the Electoral Commission (EC) Mrs Jean Mensa and her deputies to be impartial in the execution of their constitutional mandate. “It is our conviction that the new Chair and members of the commission will endeavour to carry out their duties with impartially and without fear or favour,” Otumfuo said in his speech over the weekend when he delivered the Annual Leadership Lecture of the University of Professional Studies, Accra (UPSA). “We will urge all concerned to smoke the peace pipe so the Commission can reset the button and…
Voters have turned out in record numbers to cast their ballots in Hong Kong’s district council elections. By lunchtime, the number of voters had already surpassed the final total in the 2015 elections. The election is seen as a test of support for Hong Kong’s embattled Chief Executive Carrie Lam. Pro-democracy protest groups hope the vote will send a message to the Chinese government after five months of unrest and anti-government protests. Long queues formed on Sunday amid fears polls might be closed by authorities if violence disrupted the election. In the run-up to the election, pro-democracy protest groups had…