Author: sirrichie_2i8r8t
Market activity on the bond market declined sharply as total turnover plummeted 80.3% to ¢135.63 million. This is coming after the government concluded the Domestic Debt Exchange Programme last week. The recorded transactions on bonds were not actual trades but mostly fund transfers from the non-eligible participants and exempted groups. On the front of the DDEP, the government achieved a participation rate of 84.91% of the reclassified outstanding principal of ¢97 billion as it concluded the DDEP. The total amount tendered, however, constituted 63% of the total outstanding principal on the eligible bonds presented in the exchange memorandum. Analysts believe…
The United Nations Resident Coordinator in Ghana has implored the government of Ghana to tackle current economic crisis in time to keep the youth from falling prey to violent crimes. Mr Charles Abani said that the economic quandary was a result of the covid-19 pandemic and the unending Russian -Ukraine war, but the government must quicken its pace toward economic recovery. Mr Abani underscored the need for the government to adopt homegrown solutions to solve this economic difficulty. “Ghana needs to grow its production capacity and cut import significantly,” he said, adding “building Ghana’s robust economy makes it less vulnerable…
Scores of National Democratic Congress enthusiasts have taken over the premises of the party to join their preferred flagbearer candidate as he picks up nomination forms. Dr. Kwabena Duffour, former Governor of the Bank of Ghana who has indicated his intentions to contest for the flagbearership position of the party picked up his nomination forms today. Scores of individuals believed to be in the camp of Dr. Duffour, thronged the NDC headquarters, singing and cheering for him. Dressed in party colours, with various party paraphernalia and wielding placards with posters of Dr. Duffour, these enthusiasts threw their support behind Dr.…
Fire has swept through a five-bedroom self-contained house behind the church of Pentecost at Atebubu in the Bono East Region, destroying the entire building. It is reported that the fire started around 10 pm last night. According to reports, the people who gathered at the scene called for the services of the Ghana National Fire Service, but the personnel trekked to the scene without their service car. According to reports, the firefighters said their fire tender had developed a fault, so they could not come with it. It took the timely intervention of the youth and a water tanker car…
A 24-year-old shop attendant has been arrested for locking up a staff of the Electricity Company of Ghana (ECG) in her shop. The staff was a monitoring officer who had visited the shop with a team to audit a prepaid meter. The team noticed that the shop was reconnected to the power grid after ECG had disconnected it for engaging in a meter bypass. Veronica Ansah, the attendant, had allegedly locked the officer in the shop following an order by the owner, Enoch Kwafo. After they locked him up, the two called a mob to attack the officer. He was,…
Jurgen Klopp criticised Liverpool for their “slapstick” defending as they suffered a humiliating 5-2 Champions League defeat against Real Madrid on Tuesday. The Premier League club led 2-0 after 14 minutes on goals from Mohamed Salah and Darwin Nunez, but Vinicius bagged a brace before half-time to level the scores. His second came from an Alisson mistake. Liverpool crumbled in the second half, with an Eder Militao header and Karim Benzema double sealing a stunning comeback from the LaLiga champions. “We gave all five goals away,” Klopp said in his postmatch news conference. “It means we could have done better…
The office of the Attorney General and Ministry of Justice has asked Justice Clemence Honyenuga, the judge hearing the case of former COCOBOD boss, Dr. Stephen Opuni to refer the case to the Chief Justice for a new judge. According to the AG “it is practically impossible to conclude” the matter in the extremely limited time available” in the circumstance “we respectfully pray that my lord refers this matter to the Chief Justice to be reconstituted,” Justice Honyenuga, a Justice of the Supreme Court sitting as an additional High court judge, has been hearing the trial since 2018. But following…
Former Holland and AC Milan star, Marco van Basten, has described Ghana midfielder Mohammed Kudus as “pure class”. According to van Basten, Kudus has been the best player at Ajax this season and struggles to understand why he was not regular under ex-manager Alfred Schreuder. “Kudus is Ajax’s best player. What a class player. Why didn’t he always play under Schreuder? He often sat on the bench there. You let him stand for three or four games and you immediately see his class,” he told Ziggo Sport. Kudus has been in scintillating form for the Dutch champions this season, scoring…
The Overlord of Dagbon, Ya-Na Abukari II, has rejected claims that he endorsed aspiring presidential candidate of the ruling New Patriotic Party (NPP) Alan John Kwadwo Kyerematen when he paid a courtesy call on him on Tuesday, February 20. This follows media reports aftermath of the former Trade Minister visit to the King of Dagbon at his palace and allegeg orchestration of reports, claiming the Ya-Na had told Alan Kyerematen, during the visit, that it was Alan’s time to lead the NPP as flagbearer. However, a press statement signed by the Secretary to the Ya-Na rejected the media reports and…
The Western Regional Chairman of the ruling New Patriotic Party, Francis Ndede Siah has endorsed the former Attorney General and Minster for Justice, Joe Ghartey as the next flagbearer hopeful of the party. According to the NPP Chairman, Joe Ghartey is the best man to lead the party to break the 8years cycles since he can do the job better as President of Ghana. The Western Regional NPP chairman said this when Joe Ghartey who is lacing his boot to contest for the Presidential primaries of the ruling party paid a courtesy call on the Regional Executives to announce his…
