Month: May 2016

Ghana: U.S.$918 Million Bailout – IMF Praises Ghana’s Progress

  The International Monetary Fund (IMF) has praised the Government of Ghana’s commitment to the Fund’s three-year bailout programme following a successful implementation in the first year. At a forum in Accra to review the gains and shortfalls of the country’s economy since the bailout was rolled out last year, Resident Representative of the Fund, Natalia Koliadina, noted that the first year has seen much progress. “We are almost close to the end of the first year of the programme and I will say it was quite successful. The programme was approved last April and since then, two reviews have been completed. I am looking forward to the second year […]

Christians no longer willing to pray for Mahama – Catholic Priest President John Mahama

  A Catholic Priest in Kumasi, Rev Father Louis Adu Poku says Christians are no longer willing to pray for the current leadership of the country due to the present economic hardship. He said congregants respond more positively to prayer topics relating to their personal interests other than to ask for wisdom and guidance for President John Mahama and his appointees. Father Louis Adu Poku was speaking on Atinka FM’s AM Drive with Kwame Adinkra Monday . Rev. Father Adu Poku was reacting to the general hardship in the country where business had folded up, making life so unbearable for Christians to the extent that they don’t even have money […]

Ghana now imports plantain – Nana Addo Nana Akufo­Addo, NPP flagbearer

The 2016 Flagbearer of the New Patriotic Party (NPP), Nana Addo Dankwa Akufo Addo is blaming the decline of the agriculture sector on the import of foreign food produce by NDC government. According to Nana Addo, the agric sector has recorded consistent decline under the NDC government as compared to the NPP administration under John Agyekum Kufuor. He said during Kufuor’s regime, the import food bill was at $600 million but the NDC led by the late President John Mills and John Mahama constantly criticized them but the food import bill under the NDC administration has shot up to $1.6 billion. “When Kufuor was leaving in 2008 the import food […]

CONFUSED communication on corruption

  We are certainly a confused nation when it comes to corruption. Presidential advisor on Corruption and Governance, Daniel Batidam, stunned all reasonable Ghanaians when he opined that we expect too much from the government when it comes to corruption and governance. He said, “Well, it is easy to say anybody is corrupt… when it comes to prosecution that is where I think that sometimes we are expecting too much from the Presidency or the executive arm of government in general”. Really, Sir? Is it expecting too much to ask that when customs officers are caught on tape taking bribes, they should be prosecuted and sentenced like ordinary people who […]

Cedi will stabilize till end of year – CAL Bank MD

  The Managing Director of CAL Bank, Mr. Frank Adu Junior has expressed optimism in the cedi, predicting the local currency could make some gains against the dollar by close of the year. Speaking to journalists on the sidelines of the bank’s’ Facts Behind the Figures’ at the Ghana Stock Exchange, Mr. Adu explained the relative stability in the power crisis, coupled with the decline in crude oil prices on the world market will help cut down the demand for dollars to purchase the commodity, whilst boosting the country’s foreign exchange reserve. “A significant component of the demand for dollars in this country is what we require for oil, we […]

Any failure to comply with SC orders could affect election results – Baako

  Editor-in-Chief of the Crusading Guide newspaper has warned the Electoral Commission (EC) would be opening itself up again for litigations which would affect the declaration of this year’s elections if it does not ensure a credible electoral roll as the ordered by the Supreme Court. Abdul Malik Kweku Baako who was speaking on Joy FM/MultiTV’s news analysis program, Newsfile on Saturday, warned that the integrity of this year’s elections is at stake. There is currently a controversy over the Supreme Court (SC)’s ruling on the current voters register, especially regarding the fate of persons who registered to vote with their National Health Insurance (NHIS) Cards. The Electoral Commission sparked controversy […]

Mahama’s ‘Kaakaamotobi’ economy scaring investors; not me – Bawumia

The Vice-Presidential Candidate of the opposition New Patriotic Party (NPP), Dr Mahamudu Bawumia, has rebuffed claims his comments about the economy is driving away investors from the country. According to him, his many comments about the economy are directed at pointing Ghanaians to the areas of mismanagement and not to dwindle investor’s confidence. Dr Bawumia has for some time questioned the way the governing National Democratic Congress (NDC) is managing the economy. Recently, he chided the government for transferring some 250 million dollars of the 2014 Eurobond proceeds from the government’s account with the Bank of Ghana to a private bank United Bank of Africa (UBA). He asserted that decision […]

EC confident elections will come off on Nov 7 despite huge legal hurdle

The Electoral Commission is confident this year’s general elections will come off on November 7 as planned and in spite of warnings by some Members of Parliament (MPs). The Director of Administration at the EC, Christian Owusu Parry said the commission has done what is should do to ensure the necessary processes begin. In October 2015, the EC announced plans to hold the elections on November 7 instead of the constitutionally mandated date of December 7. The Commission said lessons learnt in 2000 and 2008 informed the new proposal. In those two years, no presidential candidate obtained the required number of votes – 50% plus one vote – to win […]

Parties Without District Offices To Lose Certificates

The Electoral Commission has warned it will withdraw certificates of political parties without district offices by the end of May. The chairman of the Convention People’s Party Dr. Edmund Delle who disclosed this at a stakeholders meeting in Accra Wednesday said he was amazed to discover that some of the smaller parties agree with the directive of the EC. “They have indicated to us that parties without offices in the districts, they are going to take a very serious look at it. And so this is a threat and I am surprised that some of the smaller parties too were emphatic that this law should be enforced. And if it […]

Largest global civil disobedience in the history of the Climate Movement

  … At Kanvili-Tunayili In Sagnarigu District From Edmond Gyebi, Tamale ESIDENTS of Kanvili-Tunayili, including the over 300 members of the Signs and Wonders Charismatic Church have been displaced by what they say is unannounced demolition exercise carried out by the Sagnarigu District Assembly. The Angry residents are accusing the Assembly of being unfair in executing the sudden demolition exercise. The Sagnarigu District Assembly demolished a number of individual properties along the main road, stretching from King David Junction through Kanvili to Tunayili to pave way for the construction of the road. The road has been in very deplorable state for a very long time, and become highly unmotorable during […]