Ghana has withdrawn its recognition of Kosovo as an independent state. A statement from the Ministry of Foreign Affairs and Regional Integration on Monday said the withdrawal came after it observed that the recognization which was inspired by the quest for peace and harmony was however “premature.” Ghana in 2012, decided to recognize Kosovo as […] The post Ghana
The Securities and Exchange Commission last Friday revoked the licenses of 53 fund management companies citing several regulatory breaches. A press release issued by SEC said the companies among other things failed to honour clients’ redemption requests, placed funds in unregulated investments, used clients’ funds to fund related parties’ activities. Out of the 53 […] The post List
Eni Ghana has launched the maiden edition of the Business and Market Fair in Sanzule, Western Region. The fair showcased agricultural products and other services issued from businesses developed under the Livelihood Restoration Plan (LRP), OCTP’s $3.9 million project to diversify the local economy. Participants displayed crops, livestock and manufactured goods – including pigs, live […] The post W/R:
The Minority in Parliament has discredited the government’s claims of having turned Ghana’s economy from a struggling one to a promising one. The Minority argued that figures such as the budget deficit provided by government officials in comparison with the NDC’s performance in 2016 are not a true reflection of the facts. At a […] The post Minority discredits
The Securities and Exchange Commission (SEC) says individuals and corporations who have their funds locked up in any of the 53 now-defunct Fund Management Companies should expect some funds from the government ahead of official liquidation processes. Last Friday, SEC revoked the licenses of the 53 companies, citing amongst other things, the failure of the […] The post Expect
Residents of Chegili are calling on the government and NGOs to develop their road network. The deplorable road has deterred commercial drivers from plying the road due to continues breakdown of their vehicles. Residents have resorted to tricycles as a means of transport. The post Deplorable road: Residents of Chegili complain of neglect appeared first on
Funds for the first tranche of the ‘bauxite for development’ barter agreement, popularly known as Sinohydro deal, signed between the Government of Ghana and the People’s Republic of China has been released, the Vice President of the Republic, Dr. Mahamudu Bawumia has disclosed. Speaking in Accra on Monday, 11th November 2019 at the Jubilee House, […] The post China
Funds for the first tranche of the ‘bauxite for development’ barter agreement, popularly known as Sinohydro deal, signed between the Government of Ghana and the People’s Republic of China has been released, the Vice President of the Republic, Dr. Mahamudu Bawumia has disclosed. Speaking in Accra on Monday, 11th November 2019 at the Jubilee House, […] The post China
Dannex pharmaceuticals has donated drugs to the Kaneshie polyclinic as part of its Corporate Social Responsibility. The Chief Cooperate Officer, Kwesi Yirenkyi says this action will help to improve the healthcare delivery. The post Dannex Pharmaceuticals donates drugs to Kaneshie Polyclinic appeared first on Citinewsroom
The Securities and Exchange Commission (SEC) has justified its decision to revoke the licenses of some 53 distressed Fund Management Companies in the country. The Deputy Director General at the Commission, Paul Ababio, says the move was necessary to clean-up the sector and protect investors’ funds. The post SEC defends collapse of 53 fund management companies appeared first
President Nana Addo has restated government’s position on the ‘Ghana Beyond Aid’ agenda. He explained that there is nothing wrong with the agenda since it simply focuses on self-reliance. The post Ghana Beyond Aid: World leaders misunderstand the concept – Nana Addo appeared first on Citinewsroom
The Chief Operating Officer of Dalex Finance, Joe Jackson, says most of the 53 Fund Management Companies whose licenses have been revoked by the Securities and Exchange Commission (SEC) were operating illegally. He says companies operating under SEC are not required by law to promise returns on investments, but many of them flouted the rules. […] The post Most
Jessica Ayorkor Aryee visits the Asamankese market in this episode of Citi TV’s #Goodbuy. Find out the prices of foodstuffs and the rate at which people buy and sell at the market. The post Good Buy: How much do foodstuffs cost at the Asamankese Market ? appeared first on Citinewsroom - Comprehensive News in
Duke Mensah Opoku and his guests discuss development in the railway sector, ‘family and friends’ government, and expectations for the 2020 budget. The post Press Conference: Development in the railway sector, ‘family and friends’ government appeared first on Citinewsroom -
The Minister for Finance, Ken Ofori-Atta, is expected to present the Government’s 2019 Budget Statement and Fiscal Policy to the House of Legislature on Wednesday, November 13, 2019. Ahead of this, Government has already indicated it will self-finance the 2020 polls while ensuring that there are no overruns. The Economic Intelligence Unit (EIU) in its […] The post Budget
President Nana Addo Dankwa Akufo-Addo has said his government has turned around the poor fundamentals of Ghana’s economy in less than three years. “We inherited a situation with a large fiscal deficit, which has been turned around now; considerable imbalances in the way in which our economy was being run have also been turned around; […] The post We’ve
The Minister of Fisheries and Aquaculture, Elizabeth Afoley Quaye has said the 18 persons who were arrested for engaging in illegal fishing will be processed for court. The fishermen were busted during an operation by the fisheries enforcement unit over the weekend. The Minister in an interview with Citi News reiterated the importance of responsible […] The post 18
Hundreds of family, friends and sympathisers converged on the Alajo Park on Sunday, November 10 to observe the final funeral rites of the Deputy National Chief Imam, Sheikh Ahmad Kamaludeen, who passed away in September and was buried at the Awudome Cemetery in Accra. He was 103 when he died. Sunday’s ceremony, known as ‘Aduwa,’ […] The post Final funeral rites
After several months of protests to demand their unpaid allowances, some beneficiaries of the Nation Builders Corps (NABCO) say the government has failed to pay them. The trainees have since the beginning of the year made several appeals to the NABCO Secretariat for the payment of their GHC 700 monthly allowance. They, however, say this […] The post NABCO beneficiaries
The small west African nation of The Gambia has filed a lawsuit at the UN’s top court formally accusing Myanmar of genocide against Rohingya Muslims. It was filed at the International Court of Justice (ICJ), which normally rules on disputes between states. Last year, the UN issued a damning report into the violence in Myanmar, saying military […] The post The Gambia files genocide
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