Author: newsfilegh

MPs will be asked to vote again on Brexit on Friday but only on part of the deal negotiated with the EU. They will vote on the withdrawal agreement on the Irish “backstop”, divorce bill and citizens’ rights. But it will not amount to a third “meaningful vote” on the deal, as it will not include a vote on the UK’s future relationship with the EU. Amid anger from MPs, Andrea Leadsom said it was “crucial” if the UK wanted to secure a Brexit delay until 22 May. MPs will be debating the motion on the day the UK was…

“The Big Bang Theory” has made television history. The CBS show began shooting it’s 276th episode this week, making it the longest running multi-camera sitcom. The show surpassed “Cheers,” which made 275 episodes. The longest running live-action sitcom in TV history is “The Adventures of Ozzie and Harriet,” which shot 435 episodes between 1952 and 1966. “The Big Bang Theory,” currently in its 12th and final season, first debuted in 2007. It follows the lives of a group of sci-fi loving friends, played by Jim Parsons, Johnny Galecki, Simon Helberg, Kaley Cuoco, Kunal Nayyar and Mayim Bialik. Cuoco took to…

Second Deputy Speaker of Parliament, Alban Bagbin, says the current state of hardship in Ghana will force Ghanaians to bring back the National Democratic Congress into office. In a statement, he traced the antecedence of the NPP and pointed out that anytime they were in power, they eventually derailed on their development agenda to irritate Ghanaians into going back to a leftist party. “Whether it is the time of Busia or Kufuor, Ghanaians have always ended up gravitating towards the party with the more practical philosophy for the development of the country. A party like NDC, which at the moment…

Former president of the Association of Ghana Industries, Tony Oteng-Gyasi has indicated that recent pumping of about 800 million dollars into the market to arrest the depreciating cedis amounts to a wasteful venture. In his view, it would rather be “prudent” if government allows the currency to run its course devoid of manipulations. Speaking at the second Media General Economic Dialogue Series in Accra Thursday, Mr. Oteng-Gyasi pointed out that policy makers should take interest in all indicators causing the cedi to depreciate. The dialogue themed ‘The Ghana Cedi; Breaking the cycle of depreciation’, assembled other speakers well vested in…

Tony Oteng-Gyasi[/caption] Former president of the Association of Ghana Industries, Tony Oteng-Gyasi has indicated that recent pumping of about 800 million dollars into the market to arrest the depreciating cedis amounts to a wasteful venture. In his view, it would rather be “prudent” if government allows the currency to run its course devoid of manipulations. Speaking at the second Media General Economic Dialogue Series in Accra Thursday, Mr. Oteng-Gyasi pointed out that policy makers should take interest in all indicators causing the cedi to depreciate. The dialogue themed ‘The Ghana Cedi; Breaking the cycle of depreciation’, assembled other speakers well…

Authorities at the Takoradi Port in the Western Region are celebrating the successful handling and shipping of close to 700,000 metric tonnes of raw manganese to China within the first three months of 2019. Four vessels with a loading capacity of over 160,000 metric tonnes and a draft of minus 18 meters carried out the operation 4 nautical miles off the Takoradi Port. “The first vessel, Genko Claudios came in and loaded 160,000 metric tonnes of manganese in January. The second vessel came to loaded one 175,000 metric tonnes in February. MV Semirio is the third vessel and also loaded…

Finance Minister Ken Ofori-Atta has rubbished assertions that the recent depreciation of the cedi against major trading currencies on the international market is the results of weak economic fundamentals. “…It is clearer from the data that the depreciation of the cedi was not due to weak economic fundamentals,” he told Parliament Thursday when he appeared to brief the House on the depreciation of the cedi. He also addressed the MPs on Ghana’s exit from the three-year IMF extended credit facility and the success of the 3 billion-dollar eurobond secured by the government last week. As the cedi depreciated from 4.9…

Finance Minister Ken Ofori-Atta has rubbished assertions that the recent depreciation of the cedi against major trading currencies on the international market is the results of weak economic fundamentals. “…It is clearer from the data that the depreciation of the cedi was not due to weak economic fundamentals,” he told Parliament Thursday when he appeared to brief the House on the depreciation of the cedi. He also addressed the MPs on Ghana’s exit from the three-year IMF extended credit facility and the success of the 3 billion-dollar eurobond secured by the government last week. As the cedi depreciated from 4.9…

President Nana Addo Dankwa Akufo-Addo has instructed the Finance Minister to put a team together to investigate the depreciation of the cedi against the dollar and other currencies. A bi-partisan committee is expected to start work in earnest to unravel the actual cause of cedi’s instability, the Finance Minister Ken Ofori-Attah revealed on Thursday. “Mr. Speaker, the president has directed that I investigate the structural causes for the depreciation of the cedi and to propose measures to address the situation. The government and I will put a bi-partisan committee together to proceed immediately,” he told Parliament. Mr Ofori-Atta was in…

President Nana Addo Dankwa Akufo-Addo has instructed the Finance Minister to put a team together to investigate the depreciation of the cedi against the dollar and other currencies. A bi-partisan committee is expected to start work in earnest to unravel the actual cause of cedi’s instability, the Finance Minister Ken Ofori-Attah revealed on Thursday. “Mr. Speaker, the president has directed that I investigate the structural causes for the depreciation of the cedi and to propose measures to address the situation. The government and I will put a bi-partisan committee together to proceed immediately,” he told Parliament. Mr Ofori-Atta was in…