Politics

Ghana to borrow $1.3bn for 2017/2018 cocoa purchases

Cocoa Farmers breaking cocoa bods

Government has defended its decision to reduce the syndicated loan for cocoa beans purchases for the 2017/2018 crop season, by about 28 percent.

The country will be seeking 1.3 billion dollars from its lenders for cocoa purchases for the next crop season which starts in October 2017.

This amount is lower compared to the 1.8 billion dollars the country secured last year.

Deputy Agric Minister, William Kwaitoo explains to Citi Business News the move is to avert high losses associated with the declining global prices of cocoa.


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Explosion at Takoradi leaves more than 100 injured (video & photos)

A fire tender arriving at the scene of the explosion

A total of about 100 people were said to have been injured after a gas explosion at a company in Sekondi-Takoradi Tuesday morning.

Ghumco, a utensils manufacturing company was said to be receiving liquefied petroleum gas (LPG) from a tanker when the explosion occurred.

The tanker split into two, flipped over and landed in a wetland close by.


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Ghana, Cote D'Ivoire to sign 'agreement for strategic partnership'

President Nana Akufo-Addo meets with Ivorian President, Alassane Ouattara.

President Nana Akufo-Addo meets with Ivorian President, Alassane Ouattara.

Photo: 6800823861836_8008057268077.jpg
Photo: 6800823861836_8008057268077.jpg

President Nana Akufo-Addo has revealed that close co-operation between Ghana and Cote d’Ivoire will be facilitated by a new initiative dubbed “An Agreement For a Strategic Partnership”, that will be signed by the two countries.

This agreement, according to President Akufo-Addo, will bind Ghana and Cote d’Ivoire “in even closer intimacy and go beyond the bounds of the concept of the Permanent Joint Commission, which is the conventional tool for co-operation.”


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Ghana is a good test for US — Bruce Arena

Bruce Arena

The United States have now confirmed an international friendly with Ghana in July in preparation for the 2017 CONCACAF Gold Cup which takes place across the United States from July 6-21.

The United States, who beat Ghana 2-1 in the opening group game of the Brazil 2014 World Cup, will play Ghana for the first time on Ghana's Republic Day on July 1 at the Pratt and Whitney Stadium in East Hartford, Connecticut, a week before they open their 2017 Gold Cup campaign against Panama on July 8.


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Ghana, Burkina Faso pledge to strengthen bilateral ties

Ghana, Burkina Faso pledge to strengthen bilateral ties

The governments of Ghana and Burkina Faso have pledged to work towards strengthening the ties of co-operation that exist between them, after the Presidents of the two countries expressed satisfaction with the current state of the relations between them.

In a joint communiqué issued at the end of the 2-day official visit to Burkina Faso by President Akufo-Addo, it was resolved that the two countries reinforce their co-operation in the areas of railway transport, road transport, agriculture, water, security, trade, works and housing and energy.


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Mahama opens Obasanjo Centre for Governance in Abuja

Former President John Dramani Mahama

Former President John Dramani Mahama on Tuesday chaired a ceremony in Abuja, Nigeria, to inaugurate the Olusegun Obasanjo Centre for Good Governance and Development at the National Open University of Nigeria.

A statement from the office of Mr Mahama said the ceremony, which was also attended by a former Chief Justice of Nigeria, Justice Aloma Mukhtar, was an opportunity to honour the former Nigerian President for his commitment and contribution to the promotion of education in Nigeria.


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Gov't committed to passing Right to Information Bill - Hamid

Adwoa Sarfo, Deputy Majority Speaker of Parliament and Minister of State at the Presidency in charge of Public Procurement

Government is committed to the passage of the Right to Information (RTI) Bill and that before the end of this year, it will be passed into Law, the Information Minister, Mr Mustapha Abdul-Hamid has said.

Speaking at this year’s World Press Freedom Day at the Ghana International Press Centre in Accra on Wednesday, Mr Hamid said the bill will be placed before Parliament when it resumes sitting.


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Nationwide blackout: Power expected by 10am

Dumsor

The Ghana Grid Company Limited (GRIDCo) has given assurance that power will be restored across the country by 10am.

A statement signed by the Head of Public Relations, Albert Kwesi Quainoo said Wednesday night’s nationwide blackout was a result of a surge that resulted in a shutdown of generators in the power system.

The statement noted that details of the cause of the outage would be communicated on the completion of preliminary investigations.


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Akufo-Addo wants Ghana-Togo borders open 24hrs

President Nana Akufo Addo with Togolese President Faure Gnassingbé.

President Nana Akufo-Addo is advocating a 24-hour opening of the Ghana and Togo borders in a bid which he said will boost trade and tourism between the countries.

He said the opening of the borders will give true meaning to the ECOWAS Protocols on Free Movement of Goods and Persons and will spur on progress and prosperity for both nationals.

The President said it will ensure that the peoples of the two nations reap the economic benefits thereof.


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So-called ‘ghost names’ contain 13,800 of our members – NAGRAT

NAGRAT President, Christian Adai Poku

The National Association of Graduate Teachers (NAGRAT) is raising red flags about the authenticity of the over 26,589 ghost names government said have been removed on the payroll.

NAGRAT President, Christian Adai Poku told Evans Mensah on Joy FM’s Newsnite Wednesday, a total of 13,800 members of the Association have been captured in the supposed list of ghost names.

He said NAGRAT had anticipated the challenge but thought the Finance Ministry would have taken steps to rectify any outstanding anomalies.

NAGRAT President, Christian Adai Poku


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