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Ghana and Saudi Arabia holds bilateral meeting

Accra, Aug. 4, GNA – Ms Hannah Tetteh, Minister for Foreign Affairs and Regional Integration, has held a bilateral meeting in Accra with her counterpart from the Kingdom of Saudi Arabia Mr Adel bin Ahmed Al-Jubeir.

Ms Tetteh said the aim of the bilateral meeting was part of efforts to strengthen economic ties between the two nations.

Mr Bin Ahmed Al-Jubeir also reechoed that their meeting was to deepened economic cooperation and to strengthen other areas of cooperation.

The brief meeting was attended by government officials from both sides.


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Banks giving December to complete Instant Pay certification

Accra, Aug. 8, GNA - The Bank of Ghana (BoG), has given commercial banks up to the end of 2016 to complete certification and be hooked unto the Ghana Instant Pay (GIP) platform.

Speaking at a stakeholders’ meeting to deliberate on the use of instant pay, Mr Archie Hesse, the Chief Executive Officer GhIPSS said the BoG had to defer the initial deadline of August to allow the banks to be in the position to complete the process.


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November 7 cannot be changed - Attorney General

Mrs Marietta Brew Appiah-Oppong

Accra, July 18, GNA - Mrs Marietta Brew Appiah-Oppong, the Attorney-General and Minister for Justice, has indicated that the proposed November 7, 2016 date for the general election cannot be changed.

She explained to the Constitutional, Legal and Parliamentary Select Committee of Parliament that since the proposal for the change of date is about constitution amendment, its implementation could not be postponed to any other date.


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Parliament rejects Nov 7 date change

Speaker of Parliament, Edward Doe Adjaho

Parliament has rejected amendments to change the election date to November after it failed to amass 184 votes needed to effect the historic change.

After a secret ballot, the Speaker, Edward Doe Adjaho, said Parliament was unable to obtain the 184 votes needed to pass the bill. The Bill got 125 Majority rejection votes.

The vote quashing the change became predictable after the Minority signaled it would not support the Bill which needed super majority votes to succeed.


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Meet the Ghanaian who stared down China on behalf of the world

Dr. Thomas Mensah is president of the five judge tribunal ruling on the arbitration case

He's the 84-year-old judge from the far side of the world who just stared down China.

Thomas Mensah hails from the West African nation of Ghana, a long, long way from the warships and artificial islands now crowding the disputed waters of the South China Sea.

But Dr Mensah has devoted his career to dissecting the byzantine labyrinth of laws that countries have agreed to govern the vast oceans covering two-thirds of the world - what behaviour is allowed, and what's not.


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Atta Mills was hesitant about politics because he feared insults – Anyidoho

Deputy General Secretary of the ruling National Democratic Congress ( NDC), Koku Anyidoho has said although Late President, Prof. John Evans Atta Mills was passionate to leave a legacy in the political realm, he was as well reluctant being a politician.

” He agreed to become the running mate for President Rawlings reluctantly in 1996,” Anyidoho revealed on Anopa Kasapa on Kasapa 102.5 FM.


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Finatrade’s GHc1bn debt crippling 26 local banks

Mr Nabil Moukarzel,Chairman of Finatrade Group of Companies

The inability one of Ghana’s biggest commodity trading companies to meet its financial obligations is crippling the operations of about 26 local banks in the country.

The situation has sparked concerns it might hurt the banking sector in ways similar to what caused the collapse of two major national banks about two decades ago.

Finatrade Group is indebted to the various banks to the tune of about GHc 1 billion which is almost half of the GHc 2.6 billion stated capital of the entire banking industry, which boasts nearly GHc 47 billion in total assets.


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Ghana’s total public debt rises to GH¢105.1bn but drops marginally in dollar terms

Seth Terkper — Finance Minister

The country’s total public debt increased to GH¢105.1 billion as at the end of May this year, up from GH¢104.5 billion the previous month.

This represents 66.4 per cent of Gross Domestic Product (GDP) — the total value of goods and services produced in a country within a given year.

However, it is significant to note that in dollar terms, the debt profile of the country dropped marginally from US$27.5 billion in April to US$27.4 billion in May.


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S.C. convicts Montie FM for contempt

Supreme Court

Supreme Court

Accra, July 18, GNA - The Supreme Court on Monday convicted two radio panelists and the host of a talk programme ‘Pampaso’ together with the directors of an Accra-based radio station, Montie FM.

The five-member panel presided over by Justices Sophia Akufo convicted the defendants of contempt for threatening or scandalising the court, defying and lowering the authority of the court, and bringing the authority of the court into disrepute.

However, the court has deferred sentencing to July 27.

The defendants pleaded liable for the charges and asked the court for mercy.


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Why the tax net must catch the churches as well

The Church

Of course, freedom of worship is an inalienable human right which encapsulated in the International Covenant on Civil and Political Rights.

Consequently, freedom of worship has been given meaning in our 1992 Constitution. So, there is no permitted abridgment as to which religious sect one could join,---you have your inherent dignity and inalienable right to choose.


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