Author: TNRgh

Ghana is going through a financial sector crisis, most Ghanaians are either feeling the crunch directly or lucky enough to watch it unravel in the news.  On August 1, the Bank of Ghana announced the revocation of the banking licenses of 5 universal banks. Beige Bank, Construction Bank, Royal Bank, Sovereign Bank and Unibank. Why is the Bank of Ghana doing this?  Simply put, the banks have become insolvent, meaning their liabilities have far outweighed their assets and put them in a position where they cannot meet liquidity demands. The business of banking relies on the liquid asset of cash. The…

The newly elected Municipal Chief Executive (MCE) for Okaikwei North Municipal Assembly in the Greater Accra region  Nii Boye Laryea has issued summoned letters to ‘recalcitrant’ residents and households for failing to partake in a sanitation exercise. His action is as a result of low turnout of residents the Assembly recorded during Saturday’s national sanitation exercise. The MCE together with the Member of Parliament for Okaikwei North Fuseini Issah on August 4 led the national sanitation exercise programme which falls on the first Saturday of every month. They were shocked at the level of insanitary condition in the Assembly and…

Former President Rawlings[/caption] I read with disbelief the comments credited to Femi Fani-Kayode (whom I am told is a former Nigerian Minister) in which he launched an unjustified attack on former President Jerry Rawlings over a perceived endorsement of President Muhammadu Buhari. Kayode went ahead to use unprintable words on H.E. Rawlings without verifying the authenticity of the alleged comments. I have decided not to join Kayode in his mud-fight, which I am told is his favourite survival game in Nigeria, but simply to demand an apology from him on the following basis: At no point did President Rawlings make…

It is already sixty days after the controversial Anas Aremeyaw Anas football corruption video titled “Number 12: When misconduct and greed become the norm” was shown by the Tiger Eye Pi on June 6 in Accra and repeated in other cities like Kumasi, Sunyani and Tamale on different dates. We look back at the top fifteen things that have happened as consequences of the video that continue to divide opinion in the country. FIFA Ethics Committee on June 8 provisionally suspended the GFA president Kwesi Nyantakyi for a duration of 90 days. 2.The GFA president Kwesi Nyantakyi finally resigned from…

Dr Abena Tannor, a physical rehabilitation specialist at the Komfo Anokye Teaching Hospital has advised parents of children with cerebral palsy to adapt locally available materials to therapy tools for use by their children at home She said: “You can adapt the plastic basin as seating equipment for your child to sit in by cutting some part of the basin and stuffing it with ordinary blanket or wrap the handle of a spoon with bandage to make it bulky enough for your child to use.” Dr Tannor gave the advice when the Special Mothers Project, an advocacy and awareness creation…

File[/caption]  A total of Seventy-four (74)  referees have been suspended by the Referees Association of Ghana (RAG). The named referees were captured in the recent video documentary detailing corruption in football by investigative journalist Anas Aremeyaw Anas titled “Number 12 : When Misconduct & Greed Become the Norm”. A statement by the Association on Sunday said the decision affected some FIFA referees, Assistant FIFA referees, Premier League referees and retired referees. The referees, the statement said, “have been provisionally suspended pending the final determination of their case by the Disciplinary Committee of RAG”. Below is the statement The Referees Association…

Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President, Dr. Mahamudu Bawumia has revealed. The paradigm shift in the thinking behind the utilisation of Ghana’s mineral resources would seek to ensure value addition to the minerals mined in Ghana instead of the current system of raw exports, and would also seek to leverage on such minerals to secure holistic national development. Such thinking has already began to reflect in the Nana Akufo-Addo government’s approach to development with the recent passage by…

The General Secretary of the General Agricultural Workers Union (GAWU), Mr. Edward Kareweh, feels vindicated after cautioning that the ‘1 district 1 factory’ promised by the government was unrealistic. The Senior Minister Yaw Osafo Marfo had admitted in a speech on Tuesday that “not every district will have factory within the four years”. Speaking on 3FM’s Sunrise on Wednesday, the General Secretary of GAWU reiterated that building a factory in every district by the government at all cost can’t be possible. “Building a factory is good but as to every district to have one I see it not be realistic,”…

Joseph Ade Coker[/caption] The Greater Accra chairman of the National Democratic Congress (NDC), Joseph Ade Coker has backed calls on persons seeking positions in the party, especially the flagbearers, to run a low key campaign in the build up to the 2020 elections. He conceded that in 2012 and 2016, the NDC had an “expensive campaign”, but noted that the advice for a moderate campaign was not because the party is in opposition. Mr. Ade Coker maintained that the level of hardship in the country, where people are unable to afford three square meal a day, he said, it was…

Dr Eric Asare Bossman[/caption] Dr. Eric Asare Bossman , a deputy chairman at the Electoral Commission, has promised the Ghanaian electorate that the EC would deliver “very fair”  elections at all levels. He told TV3 in an exclusive interview that the transparent manner elections would be conducted in the country would ensure that those voted for are those who get to lead. His assurance on Friday, comes two days after President Akufo-Addo sworn-in Jean Adukwei Mensa as the new EC boss and her two Deputies, Samuel Tettey and Dr. Eric Asare Bossman. A corporate legal practitioner, Ms. Adwoa Asuama Abrefa, was also sworn…