Author: newsfilegh

The minority in parliament has accused government of planning to spend the yet-to-be acquired $600 million COCOBOD loan on the 2020 general elections. According to Member of Parliament for Ajumako Enyan Essiam, Cassiel Ato Forson, government is in a haste to get approval for the loan in anticipation of the 2020 general elections. “Unfortunately, this one per the agreement, the draw down should be 6 months, but we are told it would be done in 2 months, what this means is that Ghana government and COCOBOD is going to pay interest on the loan whereas the money is sittings idle.…

Source: 3news.com | Ghana

Source: 3news.com

ACP Dr. Benjamin Agordzo[/caption] ACP Dr. Benjamin Agordzo who has been detained by the Bureau of National Investigations for alleged treason is “not feeling well” in custody, his lawyer has said. ACP Agordzo who is the Director of Transformational Programme Office at the Ghana Police Service has been in the BNI custody since Monday. The senior police officer was charged with abetment to commit treason on Monday. At least 7 persons including a medical doctor and serving military personnel are facing trial for plotting to overthrow the Akufo-Addo-led government. Counsel for ACP Agordzo, Martin Kpebu said his client has denied…

Nigeria’s first-ever Oscar submission for best international feature film has been disqualified by award organisers, sparking criticism from its director. Films in this category, formerly best foreign language film, must have “a predominantly non-English dialogue track”. However, the 95-minute film Lionheart is largely in English, with an 11-minute section in the Igbo language. Director Genevieve Nnaji said the film represented how Nigerians communicate. But some in Nigeria questioned why it had been submitted in the first place, given the clear rules around what films are eligible for the category. The disqualification of the film by The Academy of Motion Picture…

Nigeria’s first-ever Oscar submission for best international feature film has been disqualified by award organisers, sparking criticism from its director. Films in this category, formerly best foreign language film, must have “a predominantly non-English dialogue track”. However, the 95-minute film Lionheart is largely in English, with an 11-minute section in the Igbo language. Director Genevieve Nnaji said the film represented how Nigerians communicate. But some in Nigeria questioned why it had been submitted in the first place, given the clear rules around what films are eligible for the category. The disqualification of the film by The Academy of Motion Picture…

President Akufo-Addo[/caption] The President, Nana Addo Dankwa Akufo-Addo, says the educational investment being made in Ghana’s children is vital for the future of the country. According to President Akufo-Addo, the development of the country’s human capital is what will enable Ghana transition from her current state into one of progress and prosperity, and thereby lift the standard of living of every Ghanaian. Speaking at an interaction with members of staff and students of Mawuli Senior High School on Tuesday, 5th November, 2019, the 2nd day of his 2-day working visit to the Volta Region, the President indicated that prior him…

The Telecoms Chamber wants infrastructure of its members treated as critical national assets as it reels from massive damage to fibre-optic cables. Millions of dollars were spent on fixing damages caused to telecoms fibre in 2018. Fibre cut in Ghana is “very extensive”, Ken Ashigbey, Chief Executive of Telecoms Chamber said on TV3’s Business Focus on Monday. He said telecommunications companies spent a whopping “4.5 million dollars last year to fix fiber cuts”. The development, he said, is seriously impeding on expansion drive by the telcos. Mr. Ashigbey also said cell sites are also being “invaded” be people. Telecos are…

The Telecoms Chamber wants infrastructure of its members treated as critical national assets as it reels from massive damage to fibre-optic cables. Millions of dollars were spent on fixing damages caused to telecoms fibre in 2018. Fibre cut in Ghana is “very extensive”, Ken Ashigbey, Chief Executive of Telecoms Chamber said on TV3’s Business Focus on Monday. He said telecommunications companies spent a whopping “4.5 million dollars last year to fix fiber cuts”. The development, he said, is seriously impeding on expansion drive by the telcos. Mr. Ashigbey also said cell sites are also being “invaded” be people. Telecos are…

The Board of Directors of CalBank has announced the nomination of Mr. Philip Owiredu as the new Chief Executive Officer of the Bank, subject to Bank of Ghana’s approval. Mr. Owiredu has been the Bank’s Executive Director/Chief Financial Officer (CFO) since 2011. Upon approval, Mr. Owiredu will assume the Chief Executive Officer position on 1st January 2020, following the retirement of the current Managing Director, Mr. Frank B. Adu on 31st December 2019. Mr. Owiredu comes with a broad wealth of experience in banking spanning over 15 years across Corporate Banking, Retail Banking, Structured & Project Finance, Credit, Financial control,…