The National House of Chiefs (NHC) has accepted the decision of the Ahanta Traditional Council to endorse Nana Akwazi Abrabo IV as the Acting President of the Council. The NHC has consequently gazetted the appointment of the Divisional Chief of Princes Town, known in business circle as Labianca, to take charge of the Council. The latest development follows overwhelming support and outright endorsement secured by the Chief as declared by the Traditional Council last week. Following this decision,
The recently-retired Chief Justice, Justice Sophia Akuffo, has countered Gabby Otchere- Darko’s statement that she “erred big time” in her understanding of the issues surrounding the Domestic Debt Exchange Programme (DDEP). The former CJ asserts that Gabby Okyere Darko was unable to make decisions for her regarding what to do and what not to do. “He doesn’t decide for me on what I need to do and what I don’t need to do, it’s as simple as that. You know I don’t. I
Management of Summertide Company Limited has amicably resolved the misunderstanding between its organisation and the chiefs and elders of Akyem Abuakwa Traditional Council in the Eastern Region. The Akyem Abuakwa Traditional Area was not happy with the company, which is into extraction of sand and related activities within the area leading to misunderstanding and placement of ban on the latter. Addressing a group of media practitioners in Accra on Monday, the Chief Executive Officer (CEO) of Summertide
The official launch of the March 2023 edition of Heritage Month, promoted by Citi TV, took place yesterday. The month-long commemoration was launched at the forecourt of Citi TV at Tesano in Accra. Kojo Oppong Nkrumah, the Minister of Information, Juliet Yaa Asantewa, Akwasi Agyeman, CEO of the Ghana Tourism Authority, representatives from the European Union in Ghana, management, and personnel from Citi TV and Citi FM were among the dignitaries present. Heritage Month is an educative, entertaining
Mr Benjamin Hakeem, one of the five defence counsel for Razak Koampa Avoliya, alias Mosquito who standing trial for allegedly threatening to kill NPP supporters yesterday told the Circuit Court trying the accused to use the principle of the Valentine Day to grant his client bail. This, he argued, would afford his client to show love to his wife as the court has done to him. His plea came after the lead counsel, Evans Amankwa, had renewed his bail application before the court presided over by Alex
The African Union (AU) is expected to discuss and establish a committee to spearhead discussion on reparations to Africa. The President, Nana Addo Dankwa Akufo-Addo, who disclosed this yesterday, said he had tabled for that discussion to be held at the next AU Summit this weekend. According to the President, the continent needed a coherent and well-thought out argument on the subject, but could do so through a coordinated approach. This becomes a step further from the public addresses to action,
President Akufo-Addo has said it is critical to ensure that education in the country at the early stages is top notch. According to him, building quality education at the early stages would propel the child to blossom in the other cycles through to tertiary. He has thus defended the importance of the government’s resolve to integrate the learning of Information Communication Technology (ICT) in the kindergarten. “Thus, prioritising investments in early childhood education is critical to the
Thaddeus Sory, counsel for the Founder of Beige Bank, has expressed concerns over how BCAM was able to credit GH¢500,000 to a customer of the defunct bank, almost eight months after its receivership. According to him, at the time BCAM credited Beige Bank’s customer with the amount, the Consolidated Bank Ghana Limited was in charge. Meanwhile, he said a lead member of the Receiver’s team, Julius Ayivor, is unable to establish what relationship created the credit transaction that resulted
A film writer and movie Director, Divine Jones popularly known as Major Vine has taken healthy lifestyle international with AquaGold.These were seen under the images in his social media pages in the early hours of Monday. “Living a healthy lifestyle must be a part of you, every day. When you cherish your life like GOLD…you will always be polishing it to shine better” the post read. As a movie star, the award winning film Writer-Director & Producer, has caused some stirs on social
The Member of Parliament (MP) for Jomoro Constituency in the Western Region, Dorcas Afo Toffey, has presented over 2,000 boxes of assorted medicines to the Municipal Health Directorate with intent at aiding health delivery in the Jomoro Municipal. The medicines, estimated to cost thousands of cedis, were donated to the Directorate for onward distribution to the 33 facilities in the constituency. MP Dorcas Toffey personally donated the items to the Directorate after she visited some heath facilities
Justice Sophia Akuffo, the immediate past Chief Justice of the Republic of Ghana, is in the news of late. She has severely been criticising the Akufo-Addo government for deciding to add bonds being held by pensioners to the Domestic Debt Exchange Programme (DDEP). She joined the pensioners who were picketing at the Ministry of Finance last week and questioned the usage of the billions of cedis the government had so far borrowed. She demanded accountability for how these monies were utilised,
The Electricity Company of Ghana (ECG) has extended a hand of help to the Juaboso Traditional Council in the Western North Region towards the building of a new Palace. Consequently, the power company presented bags of cement to the Traditional Council at a brief ceremony. Ing. Emmanuel Justice Ofori, Regional Manager, who led a team to present the materials, reiterated the commitment of the ECG to be part of the developmental process of its customers, as well as encourage communities which exhibit
Residents of Baniekrom in the Ahafo Ano South West District of the Ashanti Region were left in a state of shock and agony after a 28-year-old chainsaw operator was crushed to death by a falling tree. Identified as Foster, aka Oseikrom, his body has since been retrieved from the forest by the police and deposited at a morgue at Kunsu. In an interaction with a resident of Baniekrom, Emmanuel Agyenim Atakora, he explained to The Chronicle that the said incident reportedly occurred last Saturday afternoon
The Ghana Post Company Limited marked this year’s Valentine Day presenting gifts to renowned women in Kumasi in a two-day special novelle delivery package. The special delivery team comprising GP management team and Ebenezer Akwasi Antwi aka Dr. Likee and Matilda Asare (Kumawood stars) were led by the Managing Director of Ghana Post Company Limited, Mr. Bice Obour Osei Kuffour. The team delivered a giant portrait and other gifts to Lady Julia, wife of His Royal Majesty Otumfuo Osei Tutu
Pension plans provide a cushion to ensure that active workers in their old age have a minimum level of income to sustain their livelihoods and not be engulfed by poverty and become a burden on their families as well as the State. According to the Ghana Statistical Service, more than 70% of employed persons are neither entitled to social security nor receive any pension on retirement, while 80.1 percent have no subsidized medical care at the workplace. With approximately 80% of Ghana’s labour
The Central Bank of Nigeria (CBN) has vowed to prosecute point-of-sales (PoS) operators who collect exorbitant charges for transactions. The CBN Governor Godwin Emefiele said this on Tuesday in his meeting with members of the diplomatic corps. While acknowledging the inconveniences caused by the naira redesign policy including hoarding and an elevated agitation, Emefiele promised to prosecute PoS operators who charge above the stipulated amount. Emefiele admitted that while these are challenging
President Muhammadu Buhari has expressed optimism that the presidential flag bearer of the ruling All Progressives Congress, APC, Asiwaju Bola Tinubu will deliver as the next President of Nigeria. Buhari gave this assurance while addressing supporters at the Dan Anyiam stadium venue of the APC presidential rally in Imo state on Tuesday. He said, “I am here for Asiwaju. We are grateful for our great party. Thank you very much. There is nothing more I can tell you thank to thank you. “We are
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that Point of Sale agents who charge above N200 for the CBN cash swap programme will be arrested and jailed when caught. He said this on Tuesday during a visit to the Ministry of Foreign Affairs, to discuss the monetary and currency redesign policy of the bank. He said, “The situation is substantially calming down since the commencement of over-the-counter payments to complement ATM disbursements and the use of super-agents.
High inflation levels far above the Fed Reserve’s target of 2% and the consequent tightening of monetary policy, which has been hiked eight times during January 2022 to February 2023, will continue to dampen the household spending and investments in the US, which will negatively impact the economic growth prospects. As a result, the real GDP growth of the US is set to slowdown from 2.1% in 2022 to 0.3% in 2023, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest
The value of gold continues to surge to unprecedented heights despite facing economic headwinds while retaining its status as the ultimate store of wealth. The growth has resulted in gold controlling a significant market cap compared to selected banking entities. In this line, data acquired and calculated by Finbold on February 14 indicate that gold accounts for a market capitalisation of $12.34 trillion. The valuation is at least six times more compared to the combined market cap of $2.03 trillion
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