Month: April 2019

Economy Will Be Hard In 2020

2020 is being projected to be tougher year for global and African trade. Several world economies are expected to record negative Gross Domestic Product (GDP) growth rate in 2020. The negative growth is to come off the back of a slow growth rate of the United States (US) economy during the same period. A dip in the US economy’s growth is due to have an adverse effect on economies of nations that trade directly with the United States. Director of Africa Corporate Network, Herman Warren, an Economist made this known while making a presentation on global trade on Wednesday in Accra at the Baker McKenzie’s International Commercial & Trade practice […]

A-G’s Witness Crash-Lands In Opuni Case

Dr. Alfred Arthur, a scientist at the Cocoa Research Institute of Ghana (CRIG), a division of COCOBOD, government’s second witness in the criminal trial of Dr. Stephen Kwabena Opuni and Alhaji Seidu Agongo last Wednesday, concluded his testimony at an Accra High Court, making further revelations which contradicted the Attorney-General’s claims to the court. But the most notable event on the day was Dr. Arthur’s admission that, although he carried a test in 2017, on Lithovit liquid fertilizer, upon the request of a government probe, this expert report was not tended in evidence by him to support the Attorney-General’s claims against the agrochemical and the defendants. Again contrary to the […]

80,000 Jobs In Fishing Sector Coming—Minister

Government is expected to create additional 80,000 direct and indirect jobs along the aquaculture value chain. Again, it is to provide additional 50,000 mt of fish over a three year period for the country. The jobs are to be created under the Aquaculture for Food and Jobs (AFJ) of the Ministry of Fisheries and Aquaculture. Minister of Fisheries and Aquaculture, Elizabeth Afoley Quaye made this known to the media on Tuesday, April 16, 2019, in Accra. She said the AFJ programme seeks to support Government’s agenda for jobs. Touching on measures being put in place to develop the aquaculture sector, she indicated that “the AFJ is to complement the on-going […]

New Region: We’ll Thank Akufo-Addo In 2020—Techiman Chief

Nana Oseadeayo Akumfi Ameyaw IV says the Chiefs and people of the Region have always advocated for the creation of Bono East, and are appreciative of the fact that it was under the Presidency of Akufo-Addo that their wishes were fulfilled. “The Constitution of Ghana gives a sitting President only four years for his first term. We go to the polls again next year? What should we do for Nana Akufo-Addo?” he asked the gathering. He continued, “If you say we should him our appreciation next year, let us do so. I don’t want you to go and disgrace me, however,” the Omanhene added. He made this known on Monday, […]

NHIS’ GHc17m Diverted To Private Investment Company—NDC Reveals

The Opposition National Democratic Congress (NDC) has accused government of illegally transferring over GHc17 million of National Health Insurance Scheme’s (NHIS) funds to a private fund management company, All Time Capital Investment. According to the party’s National Communications Officer, Sammy Gyamfi, the transaction was done without due diligence and risk assessment. The Minority has over the past years been expressing concerns over the use of the NHIS funds for what it calls unnecessary programmes. This followed, the allocation of NHIS funds of about GHC 5 million for corporate social responsibility. There have also been concerns by the Cape Coast Hospital over the non-payment of health insurance claims running into millions […]