Author: Krobea

Some students of the Kwame Nkrumah University of Science and Technology (KNUST) have made their way back to school for reopening. They were found going through arrival formalities to be re-registered for the semester. The University has been shut down since a student demonstration on Monday, October 22. The originally intended peaceful demonstration turned violent after some students went on a vandalism spree, smashing state-of-the-art property and setting others ablaze. They visited violence on the central administration block. An assessment later that day by the Ashanti Regional Security Council (REGSEC) left it with no option than to ask all Ghanaian…

Officials of the Central Bank involved in alleged misconduct leading to the collapse of some indigenous banks are being investigated, 3news.com has gathered. Most of them will be sacked if the allegations against them are found to be true. On Thursday, the Minister of Finance confirmed the move by the Bank of Ghana when he read the 2019 budget statement. Ken Ofori-Atta disclosed that an Office of Ethics and Internal Investigations has been set up by the Central Bank “to investigate all allegations of misconduct by staff, including any role [played] in the collapse of defunct banks”. He gave the…

The United States of America, through the U.S. Agency for International Development (USAID) and in collaboration with the ministries of health in 11 countries, has launched a new five-year $200 million programme to control and eliminate five neglected tropical diseases in West Africa. This newly launched programme deepens USAID’s efforts to eliminate trachoma, lymphatic filariasis, onchocerciasis, schistosomiasis and soil-transmitted helminthiasis in 11 West African countries—Benin, Burkina Faso, Cameroon, Côte d’Ivoire, Ghana, Guinea, Mali, Niger, Senegal, Sierra Leone, and Togo. The programme seeks to support disease-endemic countries to control and eliminate targeted neglected tropical diseases using proven, cost-effective public health interventions.…

Gabon’s constitutional court has intervened to avert a political crisis brought about by the ill health of President Ali Bongo. There have been no government meetings since he was taken to hospital in Saudi Arabia last month. The court has amended the constitution to allow the vice-president or prime minister to run cabinet meetings if the president is temporarily unavailable – a move the opposition says is illegal. Amid speculation that the president had suffered a stroke and some even questioning whether he was still alive, Mr Bongo’s office finally admitted on Sunday that he was recovering from surgery. In…

The Minister of Finance, Ken Ofori-Atta, on Thursday delivered the 2019 budget statement and economic policy of the government of President Nana Addo Dankwa Akufo-Addo. The presentation in Parliament took about four hours. It was on the theme: ‘A Stronger Economy for Jobs and Prosperity’. Mr Ofori-Atta represented the president in the House as per Article 179 of the 1992 Constitution. The budget outlined six strategic pillars of development for the government in 2019: infrastructure, agricultural modernisation, industrialisation, entrepreneurship, improving efficiency in revenue mobilisation and protecting the public purse and social intervention. It also announced key allocations for some government…

Government has given the Office of the Special Prosecutor GH¢180 million with a promise to provide additional resources in the course of 2019. This is to help the Office carry out its mandate. This was disclosed by Minister of Finance Ken Ofori-Atta on the floor of Parliament on Thursday, November 15, 2018 when he presented the 2019 budget statement and economic policy. Popular lawyer Martin Alamisi Amidu was appointed Ghana’s first Special Prosecutor after the promulgation of the Office of the Special Prosecutor Act 2017, Act 959. The former Attorney General and Minister of Justice has, however, grumbled over lack…

A national fundraising programme is scheduled to be held in Ghana and later in the US for the building of a national cathedral, the Minister of Finance has stated. The formal launch will first be held in Accra on Friday, December 28 while the second will be held in the United States in February, 2019. The desire to build a national cathedral was expressed by President Nana Addo Dankwa Akufo-Addo upon ascension to the presidency. On March 6, 2017, precisely the 60th anniversary of Ghana’s independence, President Akufo-Addo cut sod for the construction of the national cathedral. But critics had…

The Minister of Finance, Ken Ofori-Atta, says approximately 80 per cent of customers of the defunct DKM Diamond Microfinance have been settled. About 99,858 customers have been repaid their claims while the remaining have had theirs considered except that some could not validate them, he said. Mr Ofori-Atta made this known on Thursday, November 15 while delivering the 2019 budget statement and economic policy of government. The budget is themed: ‘A Stronger Economy for Jobs and Prosperity’. Touching on allegations of non-payment of claims to DKM customers, the Finance Minister said steps have been taken to repay all claims. Former…

Former Minister of Petroleum and Energy Emmanuel Armah-Kofi Buah has reiterated the Minority’s position on the 2019 budget statement and economic policy, warning Ghanaians to brace up for difficult times. “In fact, [in the 2019] budget, we are going to see a real decline in growth,” he noted. He was speaking to TV3’s Etornam Sey on Thursday ahead of the delivery of the budget in Parliament by Minister of Finance Ken Ofori-Atta. Ofori-Atta delivers 2019 budget today Government has expressed hope that the 2019 budget – the first to be IMF-free – will raise the conditions of living of Ghanaians.…

Kenya’s Football Federation (FKF) says it has filed an appeal to the Court of Arbitration for Sport (CAS) on Wednesday, in a late bid to reverse their exclusion from the Women’s Africa Cup of Nations, which starts on Saturday. On 18 October, Equatorial Guinea were banned for using an ineligible player in qualifying, with Kenya replacing them at Ghana 2018. But a Confederation of African Football (Caf) tribunal overturned that punishment on 7 November, reinstating Equatorial Guinea. “They included us in the draw and in the fixtures, so we prepared our team,” FKF president Nick Mwendwa told BBC Sport. “For…