President Nana Addo Dankwa Akufo-Addo is bereft of ideas in how to govern the country, a private legal practitioner, Martin Kpebu has said. He says the President must also leave office after the Finance Minister Ken Ofori-Atta and the Minister of State at the Finance Ministry Charles Adu Boahen have exited Mr Kpebu said he was pleasantly surprised by the press conference held by some Members of Parliament on the side of the governing New Patriotic Party (NPP) who called on President Nana Addo Dankwa Akufo-Addo to sack his Finance Minister Ken Ofori-Atta and the Minister of State at the Finance Ministry Charles Adu Boahen. He said this is...
New PM Rishi Sunak pledges to fix Britain’s many problems
Rishi Sunak said on Tuesday he was not daunted by the scale of the challenge as he became Britain’s third prime minister in two months, pledging to restore trust, rebuild confidence and lead the country through an economic crisis. The 42-year-old former hedge fund boss, who has only been in elected politics for seven years, has been tasked with bringing an end to the infighting and feuding at Westminster that has horrified investors and alarmed international allies. “I fully appreciate how hard things are,” he said outside the prime minister’s residence at Downing Street where he shunned the normal tradition...
Ghana Premier League to resume after court dismisses Ashgold’s injunction application
An Accra High Court has dismissed an injunction application brought before it by Ashantigold SC seeking to stop the Ghana Premier League from being played. The Miners’ action stems from their dissatisfaction over a GFA Disciplinary Committee decision to demote the club to Division 2 after they were found guilty of match manipulation at the end of the 2020/21 season. The club was subsequently suspended by the GFA for continuously dealing with its suspended officials. On 29th September, 2022, the GFA suspended the league following Ashantigold’s court action. The court has now ruled that the Ghana Premier League can now...
Call to sack Ofori-Atta by NPP MPs not a betrayal – Appiah Kubi
Member of Parliament for Asante Akyem North Andy Appiah Kubi has said the call by some New Patriotic Party (NPP) lawmakers to President Nana Addo Dankwa Akufo-Addo to sack the Finance Minister Ken Ofori Atta and the Minister of State at the Finance Ministry Charles Adu Boahen does not amount to betrayal of the President. He said it is a call in the interest of the President and the country. Asked whether this does not betray the President after Mr Akufo-Addo recently reposed confidence in his ministers, Mr Appiah Kubi told TV3’s Paa Kwesi Asare after addressing a press conference in...
Sammy Gyamfi blames Ghana’s woes on Ofori-Atta, Bawumia
The National Communications Officer of the National Democratic Congress (NDC) Sammy Gyamfi has reacted to calls made by New Patriotic Party (NPP) Lawmakers to President Nana Addo Dankwa Akufo-Addo to sack his Finance Minister Ken Ofori-Atta and the Minister of State at the Finance Ministry, Charles Adu Boahen. He said the economic woes facing Ghanaians at the moment were created by the Finance Minister and the Vice President Dr Mahamudu Bawumia who is head of the economic management team. “We have always said greed and selfishness in borrowing with recklessness is what has plunged the country in the chaos we find ourselves,” Sammy Gyamfi told TV3’s Paa Kwesi Asare...
Investors calm as Rishi Sunak wins race for prime minister
Financial markets have reacted calmly as it emerged that Rishi Sunak is set to be the UK’s next prime minister. The pound was broadly unchanged against the dollar on Monday afternoon and government borrowing costs stayed lower after Commons leader Penny Mordaunt dropped out of the leadership race. Earlier in the day, the pound had risen close to $1.14 against the dollar before falling back. Former PM Boris Johnson dropped out of the contest on Sunday. Last month, sterling plunged to a record low against the dollar and government borrowing costs rose sharply in the aftermath of outgoing Prime Minister Liz Truss’s...
Evangelist Patricia Asiedua granted GH¢150,000 bail
Patricia Asiedua, popularly known as Nana Agradaa has been granted GH¢150,000 bail with three sureties, one of whom must be justified with landed property. She has been told to leave her passport at the court register. The court has adjourned the case to November 15, 2022. This is distinct from her case before Accra’s Circuit Court 10. by; Elizabeth Tamakloe
Times are hard under Akufo-Addo but don’t contemplate suicide – Mahama
Former President John Dramani Mahama has appealed to Ghanaians not to entertain the thought of committing suicide due to economic hardships. He said although times are tough in Ghana at the moment, suicide is never an answer. He was commenting on one Kakra who recently electrocuted himself at Kasoa, in the Central Region. He asked all to keep hopes alive. “I returned from a trip to the sad news of Kakra who electrocuted himself. Levels of hardship in Ghana are dire; worst in 3 decades. But suicide is never an answer. “Even in the darkest night there’ll come dawn. The sun...
Obuasi: Youth clash with military over rescue of trapped miner; three wounded
Three persons have reportedly sustained gunshot wounds after some youth allegedly clashed with military officers at Obuasi in the Ashanti Region. The youth had mobilized to rescue their colleagues who were reportedly trapped in a mining pit belonging to AngloGold Ashanti on Tuesday. An altercation ensued between the youth and the military officers, leading to alleged gunshots being fired. The injured victims have since been hospitalized as police have begun investigations into the matter. President of Obuasi Youth Community Mining Association, Emmanuel Kofi Ayamga narrated the incident to Citi News. “The place we used to mine has been blocked, so anyone...
Cedi depreciation, high inflation temporary – BoG expresses confidence in Ghana’s economic outlook
The Second Deputy Governor the Bank of Ghana Elsie Addo Awadzi has said the fall of the Cedi against the Dollar and also the high inflation rate (32.7%) are temporary. She expressed confidence of a positive outlook for Ghana’s economy. Speaking at the 21st Annual National RCB CEOs conference on the theme ‘Positioning Rural banking at the Centre of Financial Services delivery in Ghana – the role of stakeholders” she explained that recent global developments have heightened economic and business uncertainties for businesses and individuals. Our domestic economy is not spared from these developments. The Bank of Ghana, she said...