The Executive Director for the Chamber of Petroleum Consumers, Ghana (COPEC), Duncan Amoah, says the price of petroleum products may see a decline if the oil secured by government is distributed this week. Price of fuel soared on Saturday, January 21, 2023, for the second pricing window after weeks of decline. This situation was attributed by many stakeholders to the instability of the local currency against the dollar. Ghana on January 15, 2023, took delivery of 40,000 metric tons of the first consignment under the policy from the United Arab Emirates. Executive Director for COPEC is optimistic price of the...
Formulate framework for gold for oil policy – CBOD to govt
The Chamber for Bulk Oil Distributors (CBODs) wants government to urgently develop a framework to direct the gold-for-oil policy to prevent unfair treatment. Some members of the chamber have already been engaging the Bulk Oil Storage and Transportation Company Limited (BOST), to access the product, a week after the government received the first consignment under the arrangement. But speaking to Citi News, CEO of the chamber, Dr. Patrick Kwaku Ofori, indicated that the framework is needed to avoid discrimination. “I think the first consignment has already been there, some of our members were already trading with BOST. Those who already have an...
Disastrous Akufo-Addo policies an opportunity to improve governance systems – Asiedu Nketiah
The National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah, says the corrupt and disastrous policies of the Akufo-Addo government which have led to severe economic hardships provide useful lessons for the improvement of the country’s governance systems. In a Facebook post, the National Chairman of the NDC called on Ghanaians to take interest in the governance system of the country warning that citizens ultimately bear the consequences of bad governance if they opt to sit on the fence. “The hardships and corruption emanating from the disastrous economic, social, political and developmental policy choices of the Akufo-Addo and...
Ahanta West: Father grabbed for shooting ‘stubborn’ son dead
A farmer in his late 40s has been arrested by the Ahanta West District Police Command in the Western Region for shooting his biological son at Ahuntumanu. Confirming the incident, Assembly member for the area Stephen Ackah told Nhyiraba Paa Kwesi Simpson, the host of Connect FM’s Omanbapa morning, how the suspect by name Uncle Awortwe, went berserk and shot his son, whose name has been given as Ankoo, 25, after an argument, killing him instantly. According to him, the deceased lived at Kwesimintsim in the Effia-Kwesimitsim Municipality and visited his father regularly in the Ahuntumanu community. “The information I have gathered is that...
Over 40 students arrested for vandalism at Krobea Asante Technical and Vocational School
More than 40 students of Krobea Asante Technical and Vocational School at Asokore in the Ashanti Region have been arrested for causing damage to school property. The students went on a rampage Sunday, January 22, protesting the poor results of their predecessors in their final examination. The school has since been shutdown temporarily following the rampage. The students caused a power outage and broke into the storerooms of the school and scattered food items. Source: 3news.com
NDC can’t be better managers of the economy than the NPP – Ahiagbah replies Mahama
The Director of Communications for the New Patriotic Party (NPP) Mr Richard Ahiagbah has replied to former President John Dramani Mahama on his comment that the National Democratic Congress (NDC) is a better manager of the economy than the NPP. Mr Ahiagbah said the NDC cannot be better than the NPP because when in office, the current main opposition party could not solve the power challenges that saddled the people and other problems which have now been solved by the Akufo-Addo administration. Mr Mahama in a tweet on Thursday January 19 indicated that the economy is near a state of collapse at the moment...
Free tablets: Your frivolous policies led Ghana to bankruptcy; how will you fund this project? – Forson asks Bawumia
Vice President Dr Mahamudu Bawumia has been challenged to explain how the government is going to fund the free tablets for all senior high school (SHS) students initiative. Member of Parliament for Ajumako-Enyan-Essiam Dr Cassiel Ato Forson wondered whether the government is going to borrow to fund the initiative. In a tweet, which was retweeted by Former President John Dramani Mahama, Dr Ato Forson said “Dr Bawumia, your frivolous promises are largely responsible for Ghana;’s bankruptcy! Basic schools in the North East Region don’t have tables and chairs yet you are promising 1 student 1 tablet! How will you fund this? Borrow...
Ghana’s economy is in a near state of collapse – Mahama
Former President John Dramani Mahama has observed that Ghana’s economy is collapsing under the watch of President Nana Addo Dankwa Akufo-Addo. He indicated that extreme inflation and price volatility have worsened poverty in parts of the country. “Back from a trip to the Savanna, Northern and Upper West Regions – and poverty has worsened due to extreme inflation and price volatility. “The economy is in a near state of collapse; clearly, the NDC has been a better manager of the economy!” the 2020 presidential candidate of the National Democratic Congress (NDC) tweeted on Thursday, January 19. His comments come at a time the government is...
Mourinho is my second father – Afena-Gyan hails former coach
Ghana youngster Felix Afena-Gyan credits his rapid rise from youth to first-team football to former coach Jose Mourinho, describing the Portuguese tactician as his second father. The striker was signed by AS Roma in January 2021, and after six months with the U-19 team, Mourinho invited him to train with the first team, which he took advantage of, prompting the former Real Madrid coach to officially promote him last season. One of his most memorable moments under Mourinho was in November 2021, when he came off the bench and scored a brace to help Roma beat Genoa in the Serie...
Kwesi Appiah confirms he has applied for Black Stars job
Kwesi Appiah has confirmed that he has applied for the job of Black Stars coach for the third time. Appiah has twice led the Black Stars. He first coached Ghana from 2012 to 2014 and was in charge when the Black Stars competed in the World Cup in Brazil but was fired after the tournament. He returned for a second stint in 2017, which also lasted two years, as his contract was not renewed by the football association after Ghana failed to impress at the 2019 Africa Cup of Nations in Egypt. However, with Otto Addo’s departure, Appiah feels ready for a...