The Ministry of Finance, led by Dr. Mohammed Amin Adam, has initiated the release of GH¢700 million, the first tranche of an additional GH¢1.5 billion, to support the Securities and Exchange Commission (SEC) in bailing out remaining Asset Management Companies (AMCs), including Blackshield Fund Management Ltd. This move aims to alleviate the financial burden on affected individuals. During a press conference in Accra on August 29, Dr. Amin Adam announced that the funds had been processed and instructed the Controller and Accountant-General to release the first tranche. The total amount of GH¢1.5 billion will be disbursed in three tranches. This...
NPP’s Achievements Will Win Us Election – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has expressed pride in his administration’s achievements over the past eight years, stating that the New Patriotic Party’s (NPP) election strategy is built on its record of governance. Addressing the 13th Biennial/51st Annual Conference of the Methodist Church of Ghana in Kumasi, Akufo-Addo highlighted his government’s accomplishments in the economy, education, healthcare, infrastructure, and digitization. He praised Vice President Dr. Mahamudu Bawumia for presenting a compelling vision for Ghana’s future and challenged the opposition leader to debate Bawumia, implying that they are afraid to do so. Akufo-Addo reaffirmed his commitment to a peaceful transfer of...
NDC Slams Atta Akyea Over Mahama Insult, Demands Apology
The National Democratic Congress (NDC) has condemned Samuel Atta Akyea, Member of Parliament for Abuakwa South, for his derogatory comments about their flagbearer, John Dramani Mahama. Atta Akyea had called Mahama a “drunkard” and “alcoholic” during a rally on August 27, 2024. In response, NDC General Secretary Fifi Fiavi Kwetey issued a statement on August 29, described Atta Akyea’s remarks as “reckless” and “unfounded.” The NDC argued that such comments degrade the standards of political discourse and reveal the desperation of the New Patriotic Party (NPP) ahead of the elections. “For the record, H.E. John Dramani Mahama is not a...
GH¢10 Billion Invested in Road Infrastructure Since January – Finance Minister
Minister for Finance and Economic planning , Dr. Amin Mohammed Adam has asserted that the government as so far spent GH₵10 billion on road infrastructure from January, 2024 to June, 2024. At a press briefing on Thursday, August 29, Dr. Amin Mohammed disclosed that all road infrastructures commissioned this year, 2024 was full funded from the national budget. ” This week, the president cut sod for the Accra – Tema Motorway redevelopment project, and two das ago, I also visited the Kasoa Winneba project site with the Minister for Roads and Highways. The Adenta – Dodowa road is progressing, all...
Accept or Step Aside: Shatta Wale Challenges Stonebwoy to Dancehall Showdown
Backstage rivalries are heating up between Ghanaian dancehall artists Charles Nii Armah Mensah Jr, known in showbiz as Shatta Wale, and Livingstone Etse Satekla also known as Stonebwoy. Shatta , in a post on X issue a bold challenge, calling out his rival to a musical face-off to settle the question of who is the real “Dancehall King” of Ghana. If Stonebwoy accepts, it’ll be a huge event, but if he declines, Shatta Wale says he should stop calling himself a dancehall artist. Fans are eagerly waiting for Stonebwoy’s response, and the music industry is buzzing with anticipation. Who will...
Dumelo Criticized for Accusing NPP’s Lydia Alhassan of Husband’s Death.
Social media users have criticized John Dumelo, the NDC parliamentary candidate for Ayawaso West-Wuogon, for his remarks about Lydia Seyram Alhassan, the NPP MP for the same constituency, during a TV3 community manifesto event on August 28,2024. When NPP supporters chanted “V8” – a reference to a 2017 scandal involving Dumelo and a state-owned vehicle – Dumelo responded by accusing Alhassan of being responsible for her husband’s death to gain her seat. “I want to say something, I can see their supporters mentioning V8, V8, V8. If that is the case, it is also fair to say that maybe Lydia...
Bank of Ghana explains ‘Next of Kin’ in bank account operation
Bank of Ghana seeks to promote financial inclusion and, on that basis, encourages all citizens of legal age to own a bank account or mobile money account. As part of the Know-Your-Customer policy, during account opening, financial institutions require certain information from you (the customer) to be able to identify and contact you when the need arises. The “Next-of-Kin” is one of such requirements during account opening. In Ghana, there is no specific statutory definition of Next-of-Kin. It generally refers to an account holder’s closest living relative who could be contacted in the event the account holder is not reachable....
Rudeboy Refuses to Discuss P-Square Dispute, Cites Fear of Misinterpretation
Nigerian singer Paul Okoye, also known as Rudeboy, has chosen not to publicly discuss the ongoing dispute between him and his twin brother Peter Okoye. In a recent interview on the Afrobeats Podcast, Rudeboy expressed frustration with how his words might be misinterpreted and declined to comment on the feud. When asked about his personal feelings on the matter, he stated that he would rather not say anything to avoid having his statements twisted. ‘I’m going to say something and I’m sorry. I know it’s a show but I’d rather not say anything. I’m tired of this twisting of statements;...
Rationale for exhibiting the provisional voters register is to correct errors and omissions – EC tells NDC
The Electoral Commission (EC) has told the National Democratic Congress (NDC) that the purpose of exhibiting the provisional voters register was to make corrections. It is only after the corrections are made that the final register will be printed out for the elections, the Commission said. This has been the practice since 1992, it added. “The rationale for exhibiting the provisional voters register is to correct errors and omissions. It’s only after all identified issues are corrected that the final register is printed for the elections. This has been the practice since 1992,” the commission posted on its X platform....