Author: TNRgh

The Bank of Ghana has intensified measures to tackle fraud associated with electronic payment systems. Reports from the central bank indicate that the country loses over 900 million dollars through fraudulent payment every year. A 10 member council has therefore been inaugurated to tackle the canker. Speaking at the ceremony, 2nd deputy governor of the central bank, Dr. Johnson Asiamah stressed the importance of the council in tackling e-crimes. He says the activities of the council, will reduce fraud in the e-payment systems in the country. “Payment systems bring insecurity and deficiency to the collection and distribution of government revenue.…

President Nana Addo Dankwa Akufo-Addo has named the first batch of Ministers to prosecute campaign promises contained in the 2016 manifesto of the New Patriotic Party. Thirteen (13) persons have so far been named as ministers-designate.  They will face the Appointments Committee of Parliament to be vetted and approved for the various portfolios. The Ministers-designate are: Yaw Osafo Maafo – Senior Minister Albert Kan Dapaah – Minister for National Security Alan Kyerematen – Minister Trades and Industry Ken Ofori Atta – Minister of Finance Afriyie Akoto – Minister of Agriculture Boakye Agyarko – Minister of Energy Dominic Nitiwul – Minister…

QG Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., today announced the acquisition of the Mövenpick Ambassador Hotel Accra from Kingdom Holding Company (KHC). The transaction which closed on 28 December 2016 marks the most sizable open-market hotel transaction in sub-Saharan Africa to date. Complementing Quantum Global’s already significant African investment portfolio the value proposition of this transaction is underpinned by its status as one of the largest hotel and mixed use properties in West Africa occupying an exceptional position in both business and touristic segments of the African hospitality market. Quantum…

Osei Kyei-Mensah-Bonsu[/caption] The majority in parliament have described moves by their minority counterparts, to get the inaugural speech delivered by President Akufo-Addo withdrawn from the house as trivial. Parts of the speech delivered by president Akufo-Addo on January 7, were later found to have been plagiarized from a speech delivered by former US presidents, Bill Clinton and George Walker Bush. This revelation has generated huge national and international interest. The minority NDC has called on the president to apologize and withdraw that speech from parliamentary records. This, the majority believes, is unnecessary to spend time on. The Majority Leader in…

The Puri clan of the Bimoba tribe in the Mamprugu Traditional Area of the Northern Region has reintroduced its annual home-coming and development durbar after a decade of suspension. The home-coming festival known as the Sanpauk was celebrated by the Chiefs and people of the Puri Clan to thank the gods of the land for protection and prosperity, and also to reunite the clan. The three-day celebration which used to be purely ritual sacrificial activities was threatened by the influx of modernity as members of the clan refused to finance the celebration claiming it was idol worshiping. But after consultation,…

File photo[/caption] The Member of Parliament for Nsawam Aduagyir, Annor Dompreh is calling for the arrest of persons believed to be members of the New Patriotic Party who are trying to use illegal means to take over government establishments. The NPP MP maintained that the president was elected by and for the people of Ghana, which means he is not the president for a selected few. Annor Dompreh speaking on Onua FM morning show, Yen Nsempa, urged the leadership of the New Patriotic Party to talk to the youth of the party to desist from the act. According to him,…

The Minority National Democratic Congress in Parliament insists the president, Nana Akufo-Addo, withdraws a speech delivered at his inauguration on Saturday after it emerged that portions were “plagiarized”. Whilst castigating the president’s speechwriters of not being original, the Minority in a statement issued by its Deputy Leader James Klutse Avedzi mentioned the embarrassment the speech has purportedly brought to the nation. “It is indeed shocking that for a presidential campaign that anchored its core message on competence and incorruptibility will on its first day in office fall short of its pledge in such a spectacularly disgraceful manner. “If the NPP…

Ghanaian-owned technology company, Rlg Limited has been awarded the contract to manufacture Set Top Boxes (STBs) for the country as the country inches closer to the final phase of its Digital Migration. This follows the commencement of work on the local production of STBs in Ghana. The sale and distribution of approved Digital Terrestrial Television (DDT) Receivers and Decoders will be rolled out in the early part of this year ahead of the migration to the digital platform. Government announced that Phase 1 of the multi-million-dollar Digital Terrestrial Television (DTT) network project had already been completed in April 2016 and…

Some youth, believed to be members of the governing New Patriotic Party, today made botched attempts to takeover the offices of the National Health Insurance Scheme in Sagnerigu and Tamale metropolis. The about 30 youth stormed the NHIS offices in the Northern region Monday but their efforts to eject workers there were thwarted by the timely intervention of the police. The errant youth, nonetheless, insisted that the directors of the scheme should vacate their posts by Tuesday. They claimed the directors where appointed by the previous National Democratic Congress government, and must therefore leave office for new persons to be…

As the new administration starts work today, a governance expert has called on the President, Nana Addo Dankwa Akufo-Addo to consider cutting down drastically the size of his government. Professor Albert Puni opined that the President can attain his goal of protecting the public purse if he is able to form a lean government. He made the call on Onua Fm morning show Yen Nsem Pa hosted by Bright Kwesi Asempa on Monday. “The president should endeavor to avoid things that transported the NDC administration to opposition, some of those is to ensure value for money, he should check the…