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Hands off our SSNIT hotels or get ready for our June 18 DEMO! — Ablakwa

By: Ruth Tang Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has unveiled discrepancies in the portrayal of Labadi Beach Hotel’s financial health, opposing government claims of its need for external investment.With access to a decade’s worth of financial records and the 2023 management account, Ablakwa asserts that Labadi Beach Hotel is financially robust, contrary to government assertions. Labadi …

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NEIP to train 5,000 Kayayei by December 2024

By: Ruth Tang The National Entrepreneurship and Innovation Programme has initiated training sessions for Kayayeis through the Kayayei Empowerment Programme, under the guidance of the Office of the Vice President, in Madina and Ashaiman. Starting on Tuesday, May 28, the training aims to benefit 5,000 individuals, with 600 participants per monthly cohort, continuing until December 2024. The curriculum covers various …

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I can’t have erection due to Hearts of Oak’s poor performance – Maxwell Asabre

Former General Secretary of Hearts of Oak, Maxwell Asabre, has disclosed that the club’s poor performance has severely affected his well-being. He disclosed that, he now struggles to have erection, which is affecting his intimacy. The Phobian club has underperformed in the second half of the 2023/24 Ghana Premier League season. After 31 matches, Hearts of Oak sits precariously at …

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Bawumia calls for broad-based road tolls to fund road infrastructure

Vice President and flagbearer of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, has called for a broadened road toll system to fund the development of the nation’s road infrastructure. Ghana abolished road tolls in 2022 in a bid to ease the implementation and encourage acceptability of the controversial electronic transactions tax, and the Vice President, who was touring the …

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The court got me wrong – Sammy Gyamfi responds to caution by ambulance case judge

National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, has accepted a general caution by an Accra High Court judge, that political commentary on an ongoing trial needed to be toned down. Gyamfi, however, holds that a direct caution to him by the judge over a recent comment in Ato Forson, another vs. The State, was a misinterpretation of his …

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Dzata Cement received unlawful tax waivers from Mahama – Majority Leader

The Majority Caucus in Parliament has accused the former Mahama administration of illegally granting tax exemptions to Dzata Cement, a cement manufacturing firm. The Caucus claims that former President John Dramani Mahama, through executive authorization, designated several firms, including Dzata Cement, as strategic investors and offered them tax waivers without seeking Parliamentary approval. Speaking to the media in Accra on …

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How can you get only 7% of gold proceeds in this civilized world? – Dormaahene slams government

The Dormaahene, Osagyefo Oseadeeyo Agyeman Badu II, has criticized the government’s share of profits from the country’s mining industry. According to him, the percentage of proceeds that the government benefits from is woefully inadequate. Speaking in a recent interview shared on social media, Dormaahene revealed that the government of Ghana receives only 7% of the profits from mining activities, a percentage …

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Rise and Fall of the Cedi

Rise and Fall of the Cedi: Factors Leading to the Depreciation of the Cedi in Ghana 2024 Factors Leading to the Depreciation of the Cedi in Ghana in 2024.BY DR JULIUS KWAKU KATTAH(FCE) Over the past several years, the cedi has been depreciating against major currencies, including the US dollar. This depreciation has been driven by several factors, including: Increased …

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