Author: newsfilegh

Source: 3news.com | Ghana

A private legal practitioner has implored the 40 former Members of Parliament seeking some 10million cedis pension benefits from government, to let go their demands. The 40 former MPs, who served in the third and fourth parliaments during the Kufuor administration, have sued the Attorney-General and the Ministry of Finance over pensions owed them. According to these former law makers, the government must pay them at least two hundred and thirty three thousand, four hundred and ninety five cedis (233,495) each, totaling about ten (10) million cedis. The basis of their legal action is the Chinery-Hesse Presidential Emoluments Committee’s report,…

Hip life artiste Kwaw Kesse has revealed that he owns a $2.5 million mansion he built from the scratch. He made this claim on TV3’s rejuvenated ‘Music Music’ program on Saturday, March 25. He says his new house is worth $2.5million compared to some other artistes, who are bragging about buying million-dollar mansions. “I’ have a $2.5 million mansion I built from the scratch,” he said. Dancehall artiste Shatta Wale and Fuse ODG had earlier claimed that they own mansions worth US$1 million. The ‘Abodam’ artiste also likened himself to the King of the Ashanti kingdom saying “I’m the King…

The Minister of Health, Kwaku Agyemang Manu has assured aggrieved nurses that they would be posted once the budget estimate of the ministry has received Parliamentary approval. Young nurses, both male and female, Tuesday morning besieged the premises of the ministry, insisting that they are posted immediately. This delayed the minister who appeared in Parliament for his Ministry budget estimate approval, albeit late. Agyemang Manu told the house some of the nurses that have not been posted have been home since 2014. “I had no option than to grant them audience, cool their tempest and assure them that when the…

Introduction As the normal principle of economics says, when a domestic currency depreciates it makes the prices of goods and services decline compared to the international prices. This cause increase in exports and makes it competitive which will eventually increase production and employment to surge growth in the entire economy. Unfortunately, it is not the case in Ghana. We have experienced steep depreciation of the cedi over the past five years, a massive decline in export and a slow economic growth over the last few years. This is as a result of dollarization of our economy, mismanagement of resources, high…

Former Trade and Industry Minister, Dr. Ekwow Spio- Garbrah is proposing that the Finance Ministry collaborates with Trade Ministry with regards to tax issues in the country. In an interview with 3FM92.7 he stated that the Trade Ministry should be involved in discussions on tax policies. “The Trade and Industry Ministry does not get involve, does not get invited to discussions that deals with taxes and levies when it ought to be”, he stated. Dr. Spio- Garbrah believes made-in-Ghana products are likely to face competition from imported ones following the cut in taxes by the government. Government has since 2013,…

A former member of Ghana’s coaching team, Gerard Nus, says despite money being a big issue in African football, he will consider working on the continent again. The video analyst ended his sit-in as the Ghana Football Association settled his bonuses and has since returned to his native Spain. He has told BBC Sport the matter is now over despite not being paid in full. Gerard and fitness trainer Jamie Laurence had both refused to leave their hotels after the 2017 Africa Cup of Nations ended in February. According to a GFA statement, there were disagreements over who should settle…

The FIFA Disciplinary Committee – in application of articles 77 a) and 108 of the FIFA Disciplinary Code (FDC) – has reached a decision in relation to the case of Lionel Messi following an incident that occurred during the match between Argentina and Chile on 23 March 2017 as part of the qualifying competition for the 2018 FIFA World Cup Russia. Lionel Messi has been found guilty of violating art. 57 of the FDC for having directed insulting words at an assistant referee. As a result, Messi will be suspended for four official matches and sanctioned with a fine of…

A nominee for Deputy Minister for Finance, Charles Kofi Asare Adu Boahen has fended off claims that he still holds allegiance to the United States of America. But 46-year-old investment banker was emphatic when he appeared before the Parliament’s Appointment Committee on Tuesday that he does not hold dual citizenship. During the vetting, the ranking member of the committee, Haruna Iddrisu claimed information available to him suggests that the nominee is still a US citizen. The MP for Tamale South was clear in his conviction that prior to the appointee’s nomination, he was a citizen of America as at March…

The Minority Leader Haruna Iddrisu is questioning why the Ministry of Finance is, on its own, writing to companies and revoking tax exemptions granted by Parliament. Iddrisu believes such an action by the Ministry is in flagrant violation of the 1992 Constitution. During the vetting of the Deputy Minister of Finance Kweku Kwarteng, the Minority Leader minced no words in chiding the action by the Ministry and demanded to know from the Deputy Minister why his soon-to-be boss, is violating the constitution. Under Article 174 of the 1992 Constitution Parliament is clothed with the power to grant tax exemptions to…