Author: newsfilegh

Civil society organizations (CSOs), faith-based organizations (FBOs), social partners and the general public have been asked by the Ministry of Finance (MoF) to submit their inputs into the preparations of the budget statement for 2021-2024. According to the Ministry, the 2021-2024 Budget Statement and Economic Policy preparations have started and as due process requires, the general public are required to make their submissions. “Taking cognizance of the fact that 2020 is an election year, a draft Budget Statement and Economic Policy will be prepared whilst a three months’ expenditure in advance of appropriation will be presented to Parliament by November,…

Two military officers were injured on Tuesday, August 25 during a dispute over land issues in Obuom Domeabra in the Greater Accra Region. Five cars were burnt with two other civilians also sustaining injuries after some youth of the community clashed with the security personnel. The Chief of the Obuom Traditional Area, Nii Kakpo Amartey, called on the government to intervene to find a lasting solution to the problem. “I want the government to ensure that there is peace in this area,” he told journalists. The Municipal Chief Executive of the area, Joseph Nyanin Tetteh, who also visited the scene,…

The Governor of the Bank of Ghana, Dr Ernest Addison, has said the central bank is now vigilant on banks to ensure that they operate within the framework of the laws governing the sector to avoid what led to the clean-up exercise which led to the collapse of some nine domestic banks. Dr Addison told President Nan Addo Dankwa Akufo-Addo on Tuesday, August 25 when the latter paid a working visit to them. He said the clean-up has resulted in a stable financial sector with fewer banks and Specialized Deposit-Taking Institutions (SDIs) that are well capitalised, liquid, and solvent, and…

Ghana international Sulley Muntari has expressed interest in joining Asante Kotoko FC as he inches closer to the end of his career. There had been widespread rumours that Muntari had agreed to join Hearts of Oak earlier this year but the move somewhat fell through in something that looked like a winding transfer story. Muntari professed his love for the Kumasi-based Ghana giants in a live chat on video networking site, Instagram. “I love Kotoko. They tried signing me when l was a young player in Kumasi,” Muntari said. He added: “I would love to retire with them, but l…

Ghana’s Sean Safo Antwi made the country proud after he won the Orlen 66th Memorial of Janusz race in Poland on Tuesday. The race organized every year by the city to mark the city’s greatness is one of the major events on the sporting calendar there. Safo-Antwi beat America’s Mike Rodgers of the United States to finish in a time of 10.01 seconds. The event was due to have been held earlier this year but the menacing effects of the Coronavirus pandemic meant that it will be postponed until this time when countries are gradually easing restrictions. “I have a…

A Deputy Communications Officer of the New Patriotic Party (NPP), Richard Nyamah, has said there should be no concern about the transparency of the controversial Agyapa Royalties deal since the company will be listed on the Ghana Stock Exchange (GSE). According to him, the operations of the company will be visible for all Ghanaians and others around the world to observe, since the shareholding structure of the company has also been clearly spelt out. Mr Nyamah’s comments follow claim by Chairman of the Civil Society Platform on Oil and Gas, Dr.  Steve Manteaw, that the government of Ghana and Parliament…

It’s been coming. Barcelona had been warned about Messi’s displeasure with the way the club was being run and the results the club were producing on the pitch, especially in Europe. And with reports breaking out on Tuesday about a transfer request faxed to Barcelona from the Argentine, it seems the time to say goodbye has finally arrived. So where next for Messi? Which club can afford to pay his astronomical wages? Manchester City seem to be the favourites to land the ‘GOAT’, and with good reason. They have enough money coach is Pep Guardiola, who had three glorious years…

Minister of Information Kojo Oppong Nkrumah has said son of Senior Minister Kofi Bosompem Osafo-Maafo has not been appointed a transaction advisor for the Agyapa Royalties deal. He asked all those making this assertion to seek adequate and proper information on the deal and stop making baseless claims. Speaking in an interview with Alfred Ocansey on the News 360 on TV3 Tuesday, August 25, Mr Oppong Nkrumah wondered whether it is criminal simply because he is a politically exposed person. “There is nothing untoward, nothing wrong with somebody being politically exposed. A politically exposed person simply means somebody who is…

A Deputy Minister of Finance, Charles Adu-Boahen, has said Ghana stands to benefit from the Agyapa Royalties agreement. He explained that the country will benefit from the Royalty flows from the company for developmental projects. Ghana’s legislature approved the controversial Agyapa Mineral Royalty Limited agreement Friday, August 14 despite a protest from the Minority. Based on the agreement, Agyapa Royalties Limited (ARL) will trade shares on the Ghana Stock Exchange and the London Stock Exchange for private people to buy. But the Mineral Income Investment Fund(MIIF) will remain the majority shareholder. ARL will raise between $500 million and $750 million…

Information Minister Kojo Oppong Nkrumah has denied claims that the Agyapa Royalties deal, which has been approved by Parliament, was not transparent. He told Alfred Ocansey on News 360 on TV3 Tuesday, August 25 that the full document was laid before Parliament for a whole debate on it on the floor. Therefore, he said claims that the deal has not been transparent is inaccurate. His comments come after a group of civil society organizations (CSOs) led by Dr Steve Manteaw, Chair of the Civil Society Platform on Oil and Gas, accused the government of shrouding the deal in secrecy. Dr…