Tag: Nana Addo Dankwa Akufo-Addo

  • Afreximbank to hold 30th annual meeting in Ghana

    Afreximbank to hold 30th annual meeting in Ghana

    The 30th Annual Meetings of the African Export-Import Bank (Afreximbank) will take place in Accra, Ghana.

    The event schedule for June 18 to June 21, 2023 will mark the high point of the Bank’s year-long 30th anniversary celebrations.

    The meeting is on the theme: “Delivering the Vision. Building Prosperity for Africans.”

    In a statement, the Bank said thousands of people, including African and Caribbean leaders and senior government officials, African, Caribbean and other policymakers, corporate leaders, bankers, academia and other thought leaders would be in Accra for the meetings.

    There will be the Annual General Meeting of Shareholders and an extensive seminar programme, featuring plenaries and side events.

    “We thank His Excellency President Nana Addo Dankwa Akufo-Addo and his Government for graciously accepting to host Afreximbank’s 30th Annual Meetings.

    “Thirty years ago, the founding fathers of Afreximbank launched a bold initiative for Africans.

    The hard work of the past three decades, in pursuit of that vision, has shaped what Afreximbank has become today” said Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank in the statement.

    The statement urged stakeholders including Member States, the business and international trade community to celebrate the Bank’s achievements and reflect on its future.

    “Afreximbank Annual Meetings are open to all those interested and/or active in promoting African trade and supporting the socio-economic

    development of African economies,” the statement said.

    The previous meetings took place in Cairo, Egypt in June last year.

    Afreximbank is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade.

    For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa.

    It has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA.

    Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries in effectively participating in the AfCFTA.

    At the end of 2022, Afreximbank’s total assets and guarantees stood at US$31.1 billion, and its shareholder funds amounted to US$5.2 billion.

    The Bank disbursed more than US$86 billion between 2016 and 2022.

    Afreximbank has ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB).

  • Akufo-Addo stance on LGBTQ is a cowardly act – Kumchacha

    Akufo-Addo stance on LGBTQ is a cowardly act – Kumchacha

    The founder and leader of Heavens Gate Ministries, Prophet Nicholas Osei, alias Kumchacha, has referred to President Nana Addo Dankwa Akufo-Addo as the most cowardly person in the nation because of his express failure to declare his true stance on the controversial Lesbians, Gays, Bisexual, Transgender, Queer (LGBTQ+) issue.

    According to Kumchacha, previous presidents of the country, such as the late Professor John Evans Atta Mills, were bold enough to tell Western countries that Ghanaian culture and norms conflict with the LGBTQ+ group’s activities, which is why the country abhors such practices, but Akufo-Addo is reluctant to express his position on the subject matter.

    “See, if you want the most cowardly person, then it is Nana Addo, why am I saying that? If you want someone who is a coward then it is president Akufo-Addo.

    “…what Kumchacha, I am saying is that our father President Nana Akufo-Addo…I am saying he has disappointed Ghanaians, he has disappointed Ghanaians and I am saying it categorically because, in President Atta-Mills’ time, he was brave enough to say that, we won’t accept it, and I clap for him, he was a true Christian.

    “But for President Akufo Addo, the same issue has come to him more than 4 times, still he can’t tell them we don’t like it,” he said.

    Kumchacha argued that in accordance with Ghanaian cultural norms and values, men are supposed to be partners with women and not people of same gender acting as partners of each other.

    Speaking in an interview on Onua FM, on April 05, 2023, he further explained that even animals prefer the opposite gender when having sexual relations and he doesn’t understand why a fellow human being would choose to identify as gay or lesbian.

    “I have said this before, that for a man to marry a man and a woman to marry a woman, is nasty. So, every man who sleeps with a fellow man, and every woman who marries a fellow woman is mentally ill. We need to go and examine their brains. Yes, because monkeys don’t even do that, ducks don’t do that, sheep and other animals don’t even do that,” he added.

    President Nana Addo Dankwa Akufo-Addo recently disclosed that the anti-LGBTQI bill curently before parliament has been modified.

    Akufo-Addo further stated that even if the bill is passed, it will still have to be ratified by him.

    He made these remarks while addressing the press at the Jubilee House together with the Vice President of the United States of America, Kamala Harris, on Monday, March 27, 2023, adding that the modification of the Anti-LGBTQI bill was after the intervention of the Attorney General and Minister of Justice, Godfred Dame.

    That claim of a watered-down version of the Bill has been rejected by Sam Nartey George, one of the dozen MPs that sponsored the Bill.

  • A list of the taxes enacted under Akufo-Addo’s leadership

    A list of the taxes enacted under Akufo-Addo’s leadership

    Under the current administration of President Nana Addo Dankwa Akufo-Addo, a number of “new taxes” have been introduced which has raised the cost of living and impacted on livelihoods.

    While government believes these taxes are necessary for development, the rate at which they are introduced has become opposite of the promises the New Patriotic Party made before assuming office in 2016.

    In addition to these new taxes introduced, some old taxes have been amended to broaden the tax net and increase the country’s domestic tax base.

    On March 31, 2023, Parliament passed some amended tax bills that are waiting to be assented by the President.

    According to the Ghana Revenue Authority, Parliament passed three new tax laws and amended two existing laws to be implemented.

    Some of these taxes have been kicked against by cross section of Ghanaians, CSOs, lawmakers who believes these taxes will only compound the woes of citizens which are already grappling to make ends meet.

    GhanaWeb Business takes a look into the number of taxes introduced by the governing NPP under Akufo-Addo thus far.

    Penalty and Interest Waiver Act, 2021 (Act 1065)

    A waiver of penalties and interests on accumulated tax arrears up to December 2020 for persons who make arrangements to pay the principal tax.

    COVID-19 Health Recovery Levy Act, 2021 (Act 1068)

    This Act imposes a one percent levy on the supply of goods and services made in the country other than exempt goods or services; and import of goods and services other than exempt imports. The Levy also applies to the supply of goods subject to the VAT Flat Rate.
    The COVID-19 Health Recovery Levy is not allowable as an input tax deduction

    Financial Sector Recovery Levy Act, 2021 (Act 1067)

    This Act imposes a five percent levy on the profit before tax of banks. The tax is payable in quarterly installments.

    Energy Sector Levy (Amendment) Act, 2021 (Act 1064)

    This amendment has added two additional sections, 5A, and 5B.

    5A entails the imposition of an Energy Sector Recovery Levy of GH¢20 pesewas per litre of petrol/diesel and 18 pesewas per kg on Liquefied Petroleum Gas (LPG) while 5B entails the imposition of a Sanitation and Pollution Levy of GH¢10 pesewas per litre of petrol and diesel respectively.

    Income Tax (Amendment) Act, 2021 (Act 1066)

    This Act amends the Sixth Schedule to the Income Tax Act 2015 and provides for a 30 percent rebate of income tax due for the second, third, and fourth quarters of 2021 for taxpayers in the following areas – accommodation and food, education, travel and tours, and arts and entertainment sectors

    Electronic Transaction Levy

    This is a 1% levy on electronic transactions above GH¢100 which was passed in 2022. Ahead of this revised rate, government had imposed a 1.5% charge on all electronic transactions.

    Minimum Chargeable Income Taxation

    This is a turnover tax at 5% applicable to businesses declaring losses consistently for the past 5 years but is inapplicable to farming businesses and businesses in their first 5 years of operation.

    New Income Tax for Companies involved in Lottery, Betting & Games of Chance

    This is a new 20% income tax which is imposed on the income of the “gross gaming revenue” of betting, lottery, and gaming companies

    Withholding Tax on Winnings from Betting, Lottery & Games of Chance

    Betting, lottery, and game of chance winnings will now be subject to a 10% withholding tax at the point of payout

    Unified Loss Carry Forward Position

    All businesses can now carry forward their losses for 5 years. This used to be 5 years for only priority sector businesses and 3 years for all others.

    Foreign Exchange (FX) Loss

    FX losses of a capital nature not deductible – can now be capitalized and granted a capital allowance.

    New Tax Return for Realisation of Assets & Liabilities

    After realizing an asset or liability, a person must now file a tax return with the GRA within 30 days.

    Pension-Related Tax Exemption for 2023

    Withdrawals from a Provident Fund or Personal Pension Scheme before the statutory retirement age) due to loss of employment, COVID-19 or the current economic hardship are exempt from tax in 2023

    New Income Tax for Companies in Lottery, betting, and Games of Chances

    A new 20% income tax was introduced on the gross gaming revenue of betting, lottery, and gaming companies.

    Withholding Tax on Realisation of Assets & Liabilities

    A new withholding tax of 3% (for residents) and 10% (for non-residents) applies on the consideration received on realisation of assets and liabilities.

    Changes in Motor Vehicle Benefit for Employees

    Employees who receive motor vehicle benefits will see an increase in the taxable cap. The GH¢600 cap is now GH¢1,500, the GH¢500 cap is now GH¢1,250 and the GH¢250 cap is now GH¢625. However, unrealised FX losses are not deductible. Also, resident person-to-resident person transaction-related FX losses are not deductible.

    Increased Marginal Income Tax Rate for Individuals

    The highest tax rate for individuals has been increased to 35% for annual incomes exceeding GH¢600,000. It was previously capped at 30% for annual incomes exceeding GH¢240k.

    Growth & Sustainability Levy (GSL) – A

    A new GSL has been introduced to replace the 5% National Fiscal Stabilisation Levy (NFSL). The GSL has a very expanded scope and will apply to 3 categories of persons.

    These categories are:

    Increase in Special Elected Rate for Gifts and Gains

    Individuals could previously exercise a special election of having their gifts received and gains from realisation taxed at 15%. This rate is now pegged at 25%.

    Growth & Sustainability Levy (GSL) – B

    The GSL. will apply to 3 categories of persons. Category A entities will pay 5% of Profit Before Tax.

    Category B (the extractive industry) will pay 1% of gross production, and Category C (all other entities) will pay 2.5% of Profit before Tax.

    Excise Duty Review

    The Excise Duty Act has been amended to increase the excise duty rates for specified commodities and to expand the coverage of excise duty to cover some items/commodities that were previously out of the scope of the application of Excise Duty.

  • Ghana’s fiscal deficit will remain high in 2023 and 2025– World Bank

    Ghana’s fiscal deficit will remain high in 2023 and 2025– World Bank

    Should Ghana secure a deal with the International Monetary Fund and implement it successfully, the gold-rich country would be able to contain some of its fiscal deficits, the World Bank has said in its April 2023 Africa Pulse report.

    Ghana has reached a staff-level agreement with the IMF for a $3 billion extended credit facility.

    The cocoa-rich country is yet to secure a board-level agreement.

    President Nana Addo Dankwa Akufo-Addo had hoped it would have been clinched by March but that did not happen.

    Ghana is still talking to China and the Paris Club to restructure its $5.7 billion external debt after struggling to restructure the country’s domestic debt through a debt exchange programme.

    The World Bank report noted that inflation in many Sub-Saharan African countries has remained elevated—above central bank targets and above inflation in advanced economies and the global economy.

    For 2023, for almost 70 per cent of the countries in the region, the projected rate of inflation is greater than 4 per cent (the benchmark rate measured by the rate of inflation of advanced countries in the same year), and 25 per cent of Sub-Saharan African countries will suffer from two-digit inflation rates in 2023, the report said.

    Looking at the fiscal policy outcomes, almost 70 per cent of the region’s countries posted a larger average fiscal deficit in 2022–23 than the 3 per cent of gross domestic product deficit that separates countries with and without fiscal space, it added.

    The report said about half of Sub-Saharan African countries face both high inflation (low monetary policy space) and wider fiscal deficits (low fiscal policy space).

    Notable cases include Ghana, Nigeria, Malawi, Zambia, and Burundi, among others.

    By contrast, six countries (of a sample of 45) have some monetary and fiscal space to address macroeconomic stability and support aggregate demand.

    Most of these countries are oil producers, such as the Republic of Congo, Chad, and Gabon.

    Rising international prices for crude oil and the strengthening of their currencies are providing macroeconomic space in these countries, the report explained.

    “Still, efforts should be undertaken to improve macro resilience”, the World Bank advised.

    It said the deficit in Ghana “will remain elevated throughout 2023 to 25, with the large deficit being compounded by severe financing constraints resulting from a limited ability to issue long-term domestic debt and a lack of access to international capital markets”.

    However, it said a “successful agreement on, and implementation of an International Monetary Fund (IMF)–supported programme would help contain the deficit and provide the necessary financing, including via the ongoing debt restructuring negotiations”.

    In Zambia, the report said “fiscal consolidation will eventually bring the deficit down to 6.9 per cent in 2025”.

    The path to consolidation, it noted, “will be supported by improved tax efficiency measures and containing public expenditure by strictly adhering to priority projects, cutting wasteful subsidies, and strengthening procurement procedures”.

    Finally, higher government spending in South Africa on social grants, wage pressures, tapering of global commodity prices, and weaker domestic growth will weigh on the budget deficit this year.

    The fiscal outlook is compounded by the conditional debt relief arrangement for the state power utility Eskom, which raises financing needs by an average 1.1 per cent of GDP over the medium term.

    The budget deficit is estimated at 4.2 per cent of GDP in 2022 and projected at 4.4 per cent in 2023.

  • President Akufo-Addo honors JN Products for service in COVID-19 fight

    President Akufo-Addo honors JN Products for service in COVID-19 fight

    Mr Joseph Nii Sempe Nyarko, Chief Executive Officer of JN Products, has been honoured by President Nana Addo Dankwa Akufo-Addo, for his remarkable and selfless service in the fight to contain COVID-19 when it hit the country in 2020.

    The Cosmetologist received the Presidential Honour for his distinguished service during the fight with his hand sanitizers.

    In his citation, Mr Nyarko was commended for responding positively to the President’s call on local manufacturers to venture into the local production of alcohol-based hand sanitizers.

    He was also recognised for his distinguished humanitarian services to the people of Ghana during COVID-19.

    The President said the production of his Silky Style Hand Sanitizer” did not only help make hand sanitizers readily available, but it also came at a cheaper price to meet the demand for the product in the country.

    The citation read: Following the call by the government for local manufacturing companies to produce hand sanitizers with the assurance of an expedited regulatory approval process by the Ghana Food and Drugs Authority (FDA), J.N Products Limited responded positively and ventured into the productions of “Silky Style Hand Sanitizer.”

    This initiative did not only help make hand sanitizers readily available but also at a cheaper price to meet the demand for the product in the country.

    Even though Ghana was initially classified among the African countries with the vulnerability, as well as limited capacity to respond to the viral disease, the ease of accessibility and affordability of hand sanitizers coupled with the other protocols and measures instituted by government and other stakeholders greatly assisted to contain the coronavirus and won the country commendations from the international community.

    In recognition of your contribution towards the country’s fight against the covid-19 pandemic, the Republic of Ghana confers on you: J.N. Products Limited, the Presidential award honour of the Republic of Ghana: distinguished service.

    Mr Nyarko said he was challenged by this acknowledgement and gesture to do more for the development of the nation.

    JN Products manufacture cosmetics, hair products, detergents, and alcohol-based hand sanitizers, which he exports to neighbouring countries

  • Deputy Speaker worried about secret ballot breach

    Deputy Speaker worried about secret ballot breach

    The Second Deputy Speaker of Parlia­ment, Andrew Asi­amah Amoako, has expressed concern over the decision by some Members of Parliament (MPs) of the minority caucus to breach the practice of secret voting in Parliament.

    He said the MPs took videos and photos of their votes in last Friday’s vote on President Nana Addo Dankwa Akufo-Addo’s min­isterial and Supreme Court justice nominees.

    The Second Deputy Speaker, who is also an independent MP for the Fomena Constituency, in the Ashanti Region, said the action of the MPs violated the secrecy of votes, which should not be allowed to recur.

    In a statement on the floor of Parliament, yesterday, Mr. Amoako said the action was an affront to Article 104 of the 1992 Consti­tution and Order 10(b) of the Standing Orders of the House.

    “The elections were held in secret, but we have read on various social media platforms that some of our members, probably as a matter of proving a point, videoed and took pictures of how they voted.

    “I understand and appreciate why they did that, but the fact of the matter is that their actions are an affront to the electoral process,” Mr. Amoako said.

    As the bastion of the country’s democracy, Mr. Amoako said MPs should set good examples for the general population to follow.

    “We are supposed to be the crème of our democratic dispensation and whatever we do must show that we understand what we are doing.

    “I submit that going forward, if we are to vote, in as much as we may want to prove to the caucus leaders, constituents, or the party that indeed this is the way we voted, we should also be reminded that whatever we do here conforms with general rule of voting in the country,” he said.

    Mr. Yusif Sulemana, MP for Bole/Bamboi, called for the annulment of the polls if indeed there were evidence that MPs took pictures of their votes and revealed same.

    “To the best of my knowledge, the election was conducted in secrecy, but if there is any evidence to suggest that it was not done in secrecy, then the re­sult should be declared null and void.”

    Mr. Sulemana said ‘going forward’, there would be the need for the House to adopt standards on how voting should be conducted because the mode kept changing anytime there was a vote.

    But the MP for Bortianor-Ngleshie Amanfrom, Sylvester Tetteh, dis­agreed with the call for the votes to be annulled.

    He urged the House to “purge itself of this unfortunate development,” and said MPs would not have the moral right to educate their constituents if the practice was not stopped.

    “I understand and appreciate why they did that, but the fact of the matter is that their actions are an affront to the electoral process,” Mr. Amoako said.

    As the bastion of the country’s de­mocracy, Mr. Amoako said MPs should set good examples for the general population to follow.

  • Africa must take care of itself due to global bankrupt – Akufo-Addo

    Africa must take care of itself due to global bankrupt – Akufo-Addo

    President Nana Addo Dankwa Akufo-Addo has taken aim at the international system describing it as “morally bankrupt.”

    The president, whiles speaking at a UN event in New York on March 29, 2023 said Africa was the biggest loser in the skewed global system.

    He stressed that it was time for the continent to cater for itself having historically taken care of the world.

    “I echo the @UN Secretary-General: The international system is morally bankrupt. Throughout history Africa has taken care of the world. It is time Africa takes care of itself.

    “The state of African economies shows a deficiency in global financial & trading arrangements defined to work against Africa & her people. I support the
    @UN SG’s assessment: the international financial system is morally bankrupt as it favors rich countries against the less rich.”

    He continued: “All of us have a duty to contribute our quota in changing Africa’s narrative and asserting an African personality that is dignified, respected and treated with equality, globally.”

    The president left Accra on March 28 and arrived the same day after a 13-hour journey in the US to participate in the meeting.

    He was the keynote speaker at an event themed: “Towards Eliminating Racism and Discrimination Against People of African Descent.”

    The UNAIDS boss in her address mentioned the role Ghana under Akufo-Addo continues to play in “strengthening consciousness of people of African descent & mobilising against racism.”

    Other speakers in the event were: the United Nations Secretary General and his deputy; Antonio Guterres and Amina J. Mohammed respectively.

    The UNAIDS boss, Winnie Byanyima and Majankunyane Gumbi, the Special Advisor for Addressing Racism in the Workplace, United Nations, also delivered addresses.

    “Nana Akufo-Addo, we are proud to have you at our side. Ghana has played a historic role in strengthening consciousness of people of African descent & mobilising against racism. ???????? paved the way in decolonisation. You are continuing its commitment to Pan-Africanism,” Byanyima said.

    The event at which he spoke was in commemoration of the International Day for the Elimination of Racial Discrimination and the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade.

  • Akufo-government Addo’s is not overextended – Richard Ahiagbah

    Akufo-government Addo’s is not overextended – Richard Ahiagbah

    Accusations that the Nana Addo Dankwa Akufo-Addo government is bloated have been debunked by Richard Ahiagbah, the NPP’s director of communications.

    He claims that the opposition National Democratic Congress (NDC) members are behind this narration in an effort to harm the government’s reputation with Ghanaians.

    According to Richard Ahiagbah, who was speaking on JoyNews’ NewsFile show, Akufo-Addo has drastically cut the size of his administration, and for the first time in Ghana’s history, there are no regional ministers.

    “From the first term till now, you will agree with me that the size of government tremendously has been reduced.

    “This is the one time in our history where we don’t have deputy regional ministers, for the first time we have that, so there are significant concessions made in that direction.

    “There is his disinformation by the NDC… they are just interested in creating the impression in the minds of people for them to say that the size of government should be cut,” he said.

    The NPP communication director also noted that the number of appointees in the country currently are needed to help the president achieve his objectives.

    “We shouldn’t overlook the fact that there’s a mandate given the president, he needs a team to do it… if he does not deliver, he cannot come and say it was because his budget was reduced,” he said.

    He added that the government has also cut its expenditure to the extent that ministers who are also members of Parliament are only being paid as MPs.

  • NPP can only boast of Tamale Interchange – Kwame Agbodza

    NPP can only boast of Tamale Interchange – Kwame Agbodza

    Minority Chief Whip Kwame Governs Agbodza has revealed that the only project the Akufo-Addo-led government ever started and completed is the Tmale Interchange.

    According to him, the Tamale interchange is the only interchange that can be linked with the Akufo-Addo-led government since they assumed office in 2017.

    Speaking in parliament on Tuesday, March 16, 2023, during a debate on the president’s State of the Nation’s Address (SoNA), Kwame Governs Agbodza said;

    “Mr Speaker, think of it that the whole Appropriations Bill in 2016 was just about 50 billion. The volume of debt you are owing the road sector alone is equal to the entire Appropriations Bill in 2016. No wonder we accounted for 120 billion in debt, and you got 600 billion; you have nothing to show for it. The only interchange currently attributed to the NPP is the Tamale interchange. You have actually no record of any interchange started and completed,” he said.

    On March 29, 2022, President Nana Addo Dankwa Akufo-Addo commissioned the first-ever Tamale Interchange Project under the Sinohydro deal.

    The Northern Region is benefiting from the $2 billion-dollar loan and a grant from the Chinese government meant to develop the country, which was used to construct the interchange in the ancient town of Tamale.

    The project is one of the promises of the Akufo-Addo-led government under the Master Project Support Agreement (MPSA) between the Government of Ghana (GOG) and the $2 billion Sinohydro Corporation Company of China.

    The Tamale interchange is about one kilometre long and links the Kumasi road through the Point 7 road, the Central Taxi Rank, and the Central Market intersection with the Melcom Road and Bolgatanga Road.

    Under the completed project, the existing road between the Central Mosque and the Taxi Rank, which used to be a two-lane 6.5-metre road upgraded to a two-lane 14m interchange on the second tier with a slip road of five metres on the ground level, thereby significantly improving the capacity of the road.

    The roundabout at the Central Mosque had a roadway width of six metres and a diameter of 22 metres, and it had been designed to the ministry’s standards.

  • IMF has vindicated us – NPP’s Amaning reiterates govt’s blame of economic woes on COVID and Russia-Ukraine war

    IMF has vindicated us – NPP’s Amaning reiterates govt’s blame of economic woes on COVID and Russia-Ukraine war

    Paul Amaning, a member of the New Patriotic Party’s (NPP) communication team, said that even the IMF’s managing director had said Ghana was on track for sustainable growth, barring exogenous shocks like COVID-19 and the Russia-Ukraine war.

    He emphasised that the NPP government has provided significant infrastructure to every sector of the economy.

    If not for the current global financial crisis, according to him, the government had a clear vision for the country and was on track to carry it out.

    He claims that whenever he hears the NDC criticizing wasteful spending, even though they are well aware of the fact that the government has invested in every area of the economy, they always seem to forget that many public employees have been working from home for close to a year as a result of COVID-19 while still receiving their salaries. Even though Ghanaians had their power costs cut in half, the country’s tax revenue was negatively impacted since businesses stopped operating.

    “But in all, we were vindicated by the IMF Boss. Do you remember she used Ghana as an example for countries that had tangent growth that would have been sustainable but was affected due to external factors”, he told Movement Tv.

    “This is a clear indication that government has better plans for the country which has been affected by external crisis. There are some countries where workers did not receive salaries. But ours is different due to the leadership of Nana Addo Dankwa Akufo-Addo”, he added.

  • SONA 2023: Things are improving – Akufo-Addo

    SONA 2023: Things are improving – Akufo-Addo

     President Nana Addo Dankwa Akufo-Addo has said that Ghana has made enough progress in the past six years despite the challenges of the COVID-19 pandemic and the Russia war in Ukraine.

    He said this progress could be seen across the different sectors of the economy including infrastructure, health, security, agriculture, tourism, mining and the petroleum sector.

    Delivering the State of the Nation Address to Parliament on Wednesday, the President said although the present economic situation of the country was difficult, his government was determined and has taken the needed steps to quickly stabilize the economy and work it back to the period of rapid economic growth.

    “Things may be dire today, nonetheless, we must count our blessings. Our petrol stations have fuel, and we have been spared long, winding queues to fuel our vehicles.

    “Our markets and shops are, by the Grace of God, well-stocked, and we have not been faced with the prospect of the rationing of basic necessities such as fruits and vegetables. Our children’s schooling has not been interrupted. We have continued to provide Free SHS, Free TVET and pay teacher and nursing training allowances.

    “Our electricity supply has been consistent, and we have been spared the hardship of Dumsor during such a trying time. Our country continues to be stable and at peace,” he said.

    Below is the full text of the State of the Nation Address delivered to Parliament

    Mr Speaker, I am glad to be here in this august House to perform, once again, one of the most pleasant duties on the calendar of the President of the Republic, that is, to give Honourable Members and the Ghanaian people a Message on the State of the Nation, in fulfilment of article 67 of the Constitution.

    In accordance with protocol and convention, it is good to see that my wife, the First Lady Rebecca Akufo-Addo, Vice President Mahamudu Bawumia, Spouse of Mr. Speaker, Mrs. Alice Adjua Yornas Bagbin, Chief Justice Kwasi Anin-Yeboah, and Justices of the Supreme Court, Chairperson Nana Otuo Siriboe II and Members of the Council of State, Chief of Staff of the Office of the President, Hon. Akosua Frema Osei Opare, and officials of the presidency, Chief of Defence Staff, Vice Admiral Seth Amoama, the Inspector General of Police, Dr. George Akuffo Dampare, and the various Service Chiefs, are all present. Mr. Speaker, the House is also duly honoured by the welcome attendance of the former Presidents of the Republic, their Excellencies John Agyekum Kufuor and John Dramani Mahama, former First Lady, Her Excellency Nana Konadu Agyemang Rawlings, and the Dean and Members of the Diplomatic Corps.

    Mr. Speaker, it is the 8th of March today, and that means it is International Women’s Day, the day set aside globally to honour all women. Please allow me to acknowledge and appreciate the significance of the day, and heartily congratulate women all over the world, and especially women in Ghana, for the role they play in realising the dreams, cares and aspirations of humankind and of this great nation. The presence of women leaders, at both the local and national fronts, have advanced rights, enhanced equality, and, in general, improved the living standards and quality of lives of all concerned, including that of men. The theme for this year recognises and celebrates women who are championing the advancement of transformative technology and digital education.

    Mr Speaker, apart from my own personal fond memories as a member of this House, Parliament stands as a symbol of our democracy and its values. It stands as a reminder to all of us that our country has chosen to travel on the path of democracy, and at the heart of that journey is the idea that the government can only govern with the consent of the people.

    Mr. Speaker, it is important that we stress this point because after thirty years of democratic practice, we may be tempted to take it for granted. We need to remind ourselves that our compatriots, the majority of whom are in their early adulthood, have no personal recollection of the struggles that got us to this point in our development. In the same way that only a small percentage of our population can recall life under colonial rule, similarly the memory of dictatorship, one party rule and military rule is receding into the dim past, and the struggles that have brought us so far are disappearing into the recesses of history.

    However, because Parliament directly represents the citizens of our nation in this hallowed chamber, it will always be the reminder of those struggles. It is important we never forget that democracy is not a static achievement, but a process that needs continuous nurturing. Indeed, Mr Speaker, we must remind ourselves that, in our country’s political history, it is the restoration of Parliament to its proper place that has always symbolised the restoration of power to the people. And dare I say that when constitutional rule is interrupted, it is Parliament that is shut down, the other arms of government continue to operate.

    Thirty years ago, this House convened for the first time to mark the commencement of the Fourth Republic. The early years of the return to democracy were fraught with challenges, but the years have seen the deepening of our democratic culture to a point where a candidate of the minority side in Parliament, today, presides as the Speaker.

    This is no mean achievement. Given the way the numbers shaped up in this House after the 2020 elections, many cynics and sceptics predicted a doomsday scenario for this Parliament, but instead of a meltdown, we have witnessed considerable cooperation and unity of purpose among all parties and factions. This is to a large extent a measure of the maturity of our political culture and democracy. We will need even more of such bipartisan maturity to meet the challenges confronting us at this time.

    Today, we live in a country in which we enjoy complete freedom of expression, freedom of association, freedom of assembly, freedom of religion and political affiliation. Indeed, freedom of speech has now reached such heights that even members of the diplomatic corps feel able to join in our national discourse, and pronounce on matters that would be problematic for Ghanaian diplomats in their countries of origin. Nevertheless, Mr Speaker, it seems to me the important thing in our free speech environment is actually to try and hear each other, instead of raising the decibel level of our individual points of view.

    Mr. Speaker, to come before this House to deliver a Message on the State of the Nation is a symbol and practical demonstration of accountability, and I have always treated the occasion with utmost respect. This address offers us, as usual, the opportunity to provide an honest assessment of our country’s situation, and seek the support of all in addressing it with hope and confidence.

    Mr Speaker, when we make an assessment of what the state of our nation is, it would necessarily have to include what state it was in yesterday, the state it is in today and what state it would be in tomorrow, based on reasonable grounds of expectations.

    How far back should we be looking to make a judgement on the state of affairs today?

    Mr. Speaker, I believe that the issue, above all, that is, quite properly, dominating the concerns of all Ghanaians is the gravity of the economic situation of our country, and how we can quickly stabilise the economy, and work our way back to the period of rapid economic growth. Our currency has been buffeted, our inflation rate has been very high, and, for the first time in our lives, debt exchanges have become the language of everyday conversation.

    As such, Mr. Speaker, I wish to make a departure from the usual format of Messages on the State of the Nation, and concentrate, predominantly, on the economy, which will enable me, nonetheless, also to make some statements about the state of our agriculture, education, energy, health, infrastructure, mining, tourism and security. This is not to belittle the contribution of the other sectors to the growth of our country, but I believe the exigencies of the moment justify the position I am taking, particularly as all sector Ministers continue to provide official updates on happenings in their respective sectors.

    I have said, and many others, including the Managing Director of the IMF, have said that our economy was doing well until COVID-19 and the war in Ukraine took us off course.

    Maybe, because of the severity of the present difficulties, or maybe because it suits their preconceived agenda, some people are unwilling to accept that we were on a good trajectory until the arrival of COVID-19. The Ghanaian people, however, accepted this proposition, as evidenced in the results of the 2020 presidential election, which were unanimously endorsed and upheld by the seven-member panel of the Supreme Court.

    Mr Speaker, allow me to go back on a short trip down memory lane, and remind ourselves what things looked like back at the beginning of 2020, when I came to this House to give an account on the state of our nation.

    This is what I told this House on 20th February 2020, and I quote: “Mr. Speaker, in three years we have reduced inflation to its lowest level (7.8% in January 2020) since 1992. For the first time in over forty (40) years, we have had a fiscal deficit below five percent (5%) of GDP for three years in a row. For the first time in over twenty (20) years, the balance of trade (that is the difference between our exports and imports) has been in surplus for three (3) consecutive years.

    Our current account deficit is shrinking, interest rates are declining, and the average annual rate of depreciation of the cedi is at its lowest for any first term government in the Fourth Republic. Our economic growth has rebounded to place Ghana among the fastest growing economies in the world for three years in a row at an annual average of 7%, up from 3.4% in 2016, the lowest in nearly three decades.
    The international investor community has recognised this development, resulting in Ghana, today, being the largest recipient of foreign direct investment in West Africa. The sovereign credit ratings agencies have upgraded our ratings, and also improved the outlook for this year, notwithstanding the fact that it is an election year.”

    Mr Speaker, that was where we were at the end of February 2020.

    Three weeks after this speech, in which I expressed our sympathies and solidarity with China on the difficulties they were having with a new virus, our world changed. The virus, I referred to, arrived in our country and in the rest of the world with a vengeance.

    Within weeks, we were in the middle of a lockdown, our airports and land borders were closed. Schools and factories and even markets were closed. The hospitality industry was brought to its knees. Our economy, like much of the rest of the world, went into a tailspin.

    We took many decisions, we did many things which, according to the science, were the most reliable and trusted ways to save lives and livelihoods at the time, which may look strange and unnecessary today, but that is from the safe perspective of not waking up to check on the COVID-19 infection or death rate.

    Indeed, there were some who suggested that we cancel the national identification registration exercise, and even postpone the 2020 general elections.

    Who would have thought that, today, anybody will be questioning the fumigation of schools and markets? I recall, vividly, the straight talking I received from a group of our most eminent physicians and other scientists on the urgency of fumigating all public spaces, including offices, schools, hospitals, markets, churches and mosques. The few who could afford it fumigated their homes.

    Today, the science might be that such measures make no difference to the spread of the virus, but criminality or reckless spending cannot be ascribed to the decision to undertake such measures.

    Mr Speaker, you might remember that we could not produce veronica buckets fast enough. Today, it is not an obligatory item on anyone’s list of purchases.

    In dealing with the crisis generally, I did not meet anyone brave enough to suggest that considerations of money should be a hindrance to anything we needed to do in the fight against the virus.

    I was and I am grateful that the people of Ghana rose to the occasion and, together, we went through the crisis and came out well by defying the doomsday predictions about the inevitability of dead bodies on our streets. I am grateful that we saw the wisdom in helping each other, and I thank those who contributed their expertise, time and energy to the fight against the virus, and I thank those who contributed to the COVID-19 fund that was set up to help us meet some of the expenditures.
    The economic consequences from the pandemic have been devastating.

    Mr Speaker, it is precisely because the economic fallout from the pandemic is so widespread and long lasting that it is important to show clearly that the COVID funds were not misused. It is critical that we do not lose the confidence of the people that a crisis that they were led to believe we were all in together was abused for personal gain.

    Mr Speaker, it was Government that asked for the COVID funds to be audited, and I can assure this House that nothing dishonourable was done with the COVID funds. The responses from the Ministers for Health and Finance, on January 23 and 25, 2023, respectively, have sufficiently laid to rest the queries from the Auditor General’s report, and I believe any objective scrutiny of these statements from the Health and Finance Ministries would justify this conclusion.

    We provided five hundred and eighteen million cedis (GH¢518 million) of grants and loans to micro, small and medium-scale enterprises (MSMEs) through the NBSSI, now the Ghana Enterprise Agency, in which three hundred and two thousand, five hundred and fifteen (302,515) enterprises benefitted, of which sixty percent (60%) were women-owned. These were MSMEs that were in distress as a result of the pandemic. For some traders, the receipt of one thousand cedis (GH¢1,000) made the difference between the ruin of the household and survival.

    In addition, fifty-eight thousand and forty-one (58,041) health workers were employed to supplement the existing health sector workforce. Subsequently, all of them have been absorbed as permanent workers in the health sector. Frontline health workers were also granted fifty percent (50%) tax relief for the period. Was that something to regret? We should be forever grateful for the work that so many people did to keep all of us safe. All households enjoyed free water supply and huge discounts on electricity bills, because access to water was a necessity to ensure people adhered to hygiene practices, and access to electricity was important as everybody was encouraged to stay at home. It also provided an economic cushion to protect lives and livelihoods at a time of difficulty. Today, the government support for utility bills is being projected by some as a waste or to use that word, so beloved of some commentators, profligate.

    Mr Speaker, the government took a deliberate decision to try and keep the inevitable disruptions across all our lives down to a minimum in the education sector, by opening schools and education institutions as soon as it was made safe to do so. It was an expensive undertaking and not universally popular.
    But faced with the prospect of a whole generation of our children losing irreplaceable years of education, and the real likelihood of many of them dropping out of school forever, we took the brave decision to open the institutions.

    Even then, it is worth pointing out that the school year has not fully returned to the predictable pre-covid calendar. After the event, some might be tempted to forget the volumes of sanitizer and other logistics it took to keep the schools open and safe, in much the same way as some might now choose to forget the vitriol that came from some who should have known better, threatening hell and damnation when, according to them, the children start dying in the schools.

    Mercifully, we did not lose a single child to COVID in school. I would like to suggest that, with the best will in the world, Mr Speaker, no auditor can put a figure on the cost of keeping the children in school safely during that crisis, nor the continuing cost of the effect of the pandemic on our young people; not the financial cost, not the emotional cost, and certainly not the social cost. But we must thank the Almighty that we have survived to repair the damage, and begin to rebuild our economy.

    Beyond the use of COVID funds, there are legitimate questions being asked about how the country’s debt situation got where it is.

    Mr Speaker, let me state emphatically that we have not been reckless in borrowing and in spending. It is worth noting that the debts we are servicing were not only contracted during the period of this administration.

    Mr Speaker, we have spent money on things that are urgent, to build roads and bridges and schools, to train our young people and equip them to face a competitive world. Considering the amount of work that still needs to be done on the state of our roads, the bridges that have to be built, considering the number of classrooms that need to be built, the furniture and equipment needs at all stages of education, considering the number of children who should be in school and are not, considering the number of towns and villages that still do not have access to potable water, I daresay no one can suggest we have over borrowed or spent recklessly.

    Yes, I have been in a hurry to get things done, and this includes massive developments in agriculture, education, health, irrigation, roads, rails, ports, airports, sea defence, digitisation, social protection programmes, industrialisation and tourism. We can be justifiably proud of the many things we have managed to do in the past six (6) years. As I go around the country, I hear the pleas for roads, schools, hospitals, and, as the rainy season comes, I wish, as every other Ghanaian does, that we would have built more drains than we have. And I wish we had the resources to do more.

    But, Mr Speaker, I am proud of the amount of work that we have done, especially in the road sector. Roads constitute the largest number of questions asked in this House by Members of Parliament; a large amount of the monies we borrow are for road construction. Shall we dare stop constructing roads?

    Mr Speaker, I would like to state categorically that this Government has built more roads than any government in the history of the 4th Republic, and Mr. Speaker, the details of all these roads are attached in the annex to this Message. I have done so because, last year, when I made a similar pronouncement, I was met with howls and gasps of incredulity from the Minority benches, and so I thought it appropriate, this time, to present it as an annex to the Statement, which will be part of Hansard.

    Beyond the construction of roads, Mr Speaker, this NPP administration has implemented successfully a National Identification System with the Ghanacard; constructed more railways than any other government in the Fourth Republic; established the Zongo Development Fund to address the needs of Zongo and inner-city communities; and under their auspices, we have constructed more infrastructure in the Zongo Communities than any other government in the Fourth Republic; constructed more NCA licensed fibre optic cable than any other government in the fourth republic (93% of total); increased the proportion of the population with access to toilet facilities from 33% to 59%; increased the number of public libraries from 61 from independence until 2017 to 115 in 2022; provided more equipment (vehicles, ammunition, etc) to security services than any other government in the Fourth Republic.

    We have successfully implemented the digital address system; improved significantly the financing of governance and anti-corruption MDAs like the Ministry of Justice and Office of the Attorney General, NCCE, CHRAJ, EOCO etc.; implemented One District, One Factory Initiative.

    In four years, 106 companies are in operation under 1D1F. 148 factories under construction. This is the largest expansion of that sector since independence; constructed more fish landing sites than any other government in the Fourth Republic; established Africa’s first national scale electronic pharmacy platform; provided free Wifi to 700 senior high schools, the 46 Colleges of Education, 260 district education offices, and an initial successful pilot of 13 public universities; introduced drones in the delivery of critical medicine, vaccines and blood to people in remote parts of the country and today, Ghana has the largest medical drone delivery service in the world with six Zipline Distribution Centres in Omenako, Mpanya, Vobsi, Sefwi Wiawso, Kete Krachi and Anum; and overseen an improvement in revenue collection, with the introduction of an e-VAT and e-Invoicing System.

    For example, figures from nineteen (19) taxpaying companies onboarded unto the e-Vat system revealed total recorded monthly sales increasing from two hundred and twenty-two million cedis (GH¢222 million) in November 2021 to seven hundred and twenty million cedis (GH¢720 million) in November 2022. Again, in December 2021, total monthly sales of two hundred and eighty-four million cedis (GH¢284 million) also saw a huge increase to one billion cedis (GH¢1 billion) in December 2022.

    Indeed, the evidence of how state funds have been used to improve our society is all over the country. No district or constituency has been left out. And I believe there are many Ghanaians who will vehemently disagree when some say there is nothing to show for all the funds that have been at my government’s disposal.

    Mr. Speaker, I would like, at this stage, to brief the House on how the talks with the International Monetary Fund have been going since the announcement on 1st July 2022 of our intention to engage the IMF for a funded Programme.

    Mr. Speaker, having reached the Staff Level Agreement on 12th December, 2022, after five (5) months of intense negotiations, and completion of most of the prior actions required under the Agreement, we are on course for the IMF Staff to present to the IMF Executive Board Ghana’s Programme request for a three billion dollar (US$3 billion) Extended Credit Facility by the end of the month.

    Mr. Speaker, the 3-year IMF Programme, anchored on Government’s Post COVID-19 Programme for Economic Growth (PC-PEG), aims at restoring macroeconomic stability and debt sustainability, whilst protecting the vulnerable. It is a strong reform programme, which relies on frontloaded fiscal measures to increase domestic resource mobilisation and streamline public expenditures to support inclusive growth and enhance social protection.

    Mr. Speaker, I thank the House for its support throughout this process, including the passage of key revenue laws. However, a few more of these measures, namely Income Tax (Amendment) Bill, Excise Duty & Excise Tax Stamp (Amendment) Bills, as well as the Growth and Sustainability Levy Bill, are outstanding, which need the urgent attention of the House and passage to complete the prior actions. This will put us in readiness for our presentation to the Fund Board, and, more importantly, bolster our domestic revenue mobilisation efforts.

    Mr. Speaker, it is clear that, given the extent of the fiscal and debt sustainability issue we are addressing, fiscal adjustment and structural reforms are not sufficient for restoration of debt sustainability. A critical component of the measures we are implementing to address the current economic crisis is the debt operation, involving both domestic debt and external debt. The debt operation is aimed at returning the country to debt sustainable path by 2028, by reducing the debt-to-GDP ratio on a general classification basis and, in present value terms, from one hundred and three percent (103%) in 2022 to fifty-five percent (55%) by 2028; and reducing the external debt service-to-revenue ratio from twenty-nine percent (29%) in 2022 to eighteen percent (18%) by 2028.

    Mr. Speaker, in order to achieve these goals, the decision was taken to execute a Domestic Debt Exchange Programme (DDEP), in addition to fiscal adjustment, external debt operation and structural reforms.

    The participation rate of eighty-five percent (85%), representing tendered bonds of eighty-three billion cedis (GH¢83 billion) out of the total eligible bonds of ninety-seven point seven billion cedis (GH¢97,749,624,691), constitutes significant success for the DDE Programme. The eighty-three billion cedis (GH¢83 billion) bonds that were successfully tendered, also, represents sixty-four percent (64%) of the outstanding domestic debt stock of one hundred and thirty billion cedis (GH¢130 billion) at the end of December 2022, as pension funds have been expressly exempted from the DDEP.

    I want to take this opportunity to thank organised labour, pensioners, pension fund managers, the Ghana Association of Banks (GAB), Ghana Securities Industry Association (GSIA), Ghana Insurers Association (GIA), the Individual Bond Holders and Retirees Forum, and all others who have contributed to make the Domestic Debt Exchange Programme a success.

    Mr. Speaker, I know it has been said over and over again in the past few weeks, but the voluntary nature of the DDE Programme bears repeating, as is the fact that the Government is committed to honouring all coupon payments and maturities in respect of both old bonds and the new bonds in line with Government fiscal commitments.

    Mr. Speaker, we are also making progress on the external debt negotiations since the Government announced an external debt service suspension on 19th December 2022 for certain categories of external debt, to ensure an orderly restructuring. This suspension is an interim emergency measure toward a comprehensive external debt operation which will contribute to the restoration of our debt sustainability in line with our request for a debt treatment under the G20 Common Framework. I want to express our appreciation to the members of the Paris Club and to the Peoples’ Republic of China for the co-operation they have so far exhibited to us in attempting to reach an agreement, and in their attempt to establish an Official Credit Committee.
    We look forward to their fast-tracking the needed financing assurances for IMF approval. We are confident that, with their co-operation, we will reach our March deadline for going to the Fund.

    Mr. Speaker, we remain resolute in our vision to restore macroeconomic stability and promote inclusive growth.

    Mr Speaker, Government recognises that sustained growth must be deliberate, especially in a global landscape marked by forces of technology, trade, and intense competition. It requires a combination of leadership, social cohesion, and deep investments in core capabilities of people, firms, and institutions to harness our opportunities. This is why together with our private sector counterparts, we are anchoring Ghana’s medium-term growth drivers on competitiveness, integration, adaptation and digital innovation, all aimed at raising per capita GDP from the current two thousand, five hundred dollars (US$2,500) to four thousand, five hundred dollars (US$4,500) (aligning with the Ghana Beyond Aid Charter) by 2030.

    Mr Speaker, concluding the arrangements with the Fund will not restore our fortunes overnight, but it will set us on the road to recovery. With fiscal discipline, we will regain the trust and confidence of our business partners and the investor community, which will give us space to continue our productive plans and policies.

    However, in addition to our engagement with the Fund, we are also seeking and implementing some original and innovative ideas to try to solve our problems. For example, the Gold Purchase Programme by the Bank of Ghana and the Gold for Oil Policy are creative uses of our resources, which are already bearing fruit. These policies are aimed at achieving two results that are critical to the health of our economy. Firstly, they will help us preserve foreign exchange, especially the US dollar, and secondly, they will enable us to stabilise the price of oil products such as petrol and diesel on the domestic market. We have already seen some success on both fronts with the price of US dollars and petroleum products falling since we announced the policy and began to implement it.

    The average price of petrol at the pump, which had risen to twenty (20) cedis a litre, in the middle of December 2022, is now thirteen cedis and eighty pesewas (GH¢13.80) a litre. The price of diesel had risen to more than twenty-three cedis and seventy pesewas (GH¢23.70) a litre and is now selling on the average at thirteen cedis and eighty pesewas (GH¢13.80) a litre, which is a reduction of almost ten cedis a litre. We expect this trend of falling fuel prices to reflect soon in our daily lives, since transport fares affect the price of everything. I hope the trend of prices going up and coming down become a regular feature of our retail economy as is being demonstrated in the fuel prices. Because, as we all know, prices, especially of petroleum products, used only to go up in our country.

    I do worry about the extraordinary expenditure on security at our borders but we do not have a choice but to spend resources to keep our borders safe. We dare not compromise on the safety and security of our nation, and my first responsibility as your Commander-In-Chief is to keep all of us safe. The foundation for all development is the safety and security of our nation and its people.

    The reality of the state of affairs in our neighbourhood demands that the government goes to great lengths to ensure the security, safety and stability of our nation. The threats of terrorism and violent extremism surrounding us require that we pay maximum attention to protecting our borders, and working in collaboration with our neighbours to keep our country and the Region safe. This is the prime motive for the Accra Initiative, which is already yielding results.

    Mr. Speaker, I am able to cite here some of the equipment we have provided the military to help them protect us all. Allow me to list a few. The Army has received one hundred and four (104) armoured personnel carriers; seventy (70) utility troop carrying vehicles; twenty (20) armoured vehicles; eighty-five (85) assorted Toyota vehicles; fifty (50) Ankai buses; forty (40) Jeep J8 vehicles; some Explosive Ordnance Disposal (EOD) equipment; large quantities of communication/surveillance equipment; varying quantities of weapons and four (4) un-maned aerial vehicle systems; and the Ghana Navy has taken delivery of four (4) offshore security vessels and four (4) Zodiac boats.

    We have also continued the process of upgrading the housing needs of the security services. The Barracks Regeneration Project Phases I and II, the Military Housing Project Phases I and II and the Ghana Military Academy Infrastructure project are expected to be completed and handed over by the end of May this year.

    Mr Speaker, we continue to pay attention to the Police Service. We can now see more of the police on our streets in the urban areas. Ever so gradually, driving on our roads is becoming more orderly. I note that even motorbike riders now stop at traffic lights. Things are improving. Five hundred and four (504) housing units, comprising seventy-two (72) one (1) bedroom and four hundred and thirty-two (432) self-contained units have been completed for the Police Service. Recently, I delivered one hundred (100) pickups, six hundred (600) motorbikes and six (6) armoured personnel carriers to the Police Service to boost operational capacity. For the first time in our nation’s history, the Police Service has dedicated helicopters to help with their operations.

    Mr. Speaker, I must share some good news with the House. I am particularly proud of the dramatic intervention Government has made to tackle the long lasting and utterly disgraceful problem of dilapidated and inadequate number of courts in our country. Many of the courts have not been fit for purpose, and do not provide suitable facilities for the efficient administration of justice. The inadequacy means that people have to travel long distances to gain access to courts. As someone who for years earned my living as a practising lawyer, I have first-hand experience of the unacceptable state of court houses around the country and I am glad to inform the House that we are resolving this problem. Through the Ministry of Local Government and the District Assembly Common Fund, Government has embarked on the construction of one hundred and twenty (120) courthouses with accompanying accommodation for judges across the country. Indeed, sixty (60) have been completed, and the others are at various stages of completion. For the first time ever, we have the happy situation of purpose-built courthouses with accommodation that are waiting for judges to be appointed to put them to use.

    Six new Regional High Courts, fitted with judges’ residences, are also being constructed in the new regions, i.e., Ahafo, Bono East, North East, Oti, Savannah and Western North. Three of the courts, that is those in North East, Oti, Savannah have been completed and commissioned. Those in Ahafo, Bono East and Western North Regions will be completed by April.

    Mr. Speaker, I had the pleasant duty on 17th October 2022, to commission a new, modern Court of Appeal complex in Kumasi, together with twenty (20) townhouses and a guesthouse to serve as permanent residences for Court of Appeal Judges based in Kumasi, who are mandated to handle appeals from the northern part of the country. The Asantehene, Otumfuo Osei Tutu II, who generously gave the land, was present at the ceremony. It is a truly magnificent site and I recommend it to Honourable Members who go to Kumasi to pay a visit and see it for themselves.

    In addition, two hundred and ten (210) vehicles were, earlier in 2022, distributed to all judges in the Supreme Court, Court of Appeal, High Court and Lower Courts.

    Mr. Speaker, it is a well-known fact that, in this administration, TVET and STEM feature frequently in all conversations about education. Technical and vocational education is being given the place of honour they deserve. Since the re-alignment and introduction of free TVET, enrolment in TVET schools has increased from thirteen thousand (13,000) in 2021 to forty-seven thousand (47,000), and all the indications are that this is a trend that will continue. In 2022, the TVET service recruited three thousand, four hundred (3,400) staff, the highest in the history of TVET in Ghana, to accommodate this development.

    I was told last week about one young person who was placed in Achimota School in the current school placement exercise, and has turned it down to go to a STEM school. I think we are making progress. The strides we are making in education are already changing lives and changing the narrative. As at this year, nearly two million young people have benefitted from the free SHS policy. Predictions that the policy would lead to a lowering of standards proved wide of the mark. On the contrary, the results under the free SHS have shown a systematic improvement and as a result 2 million young people have either found a pathway to further education, training, apprenticeships or employment because of the free SHS policy.

    I am proud of the additional infrastructure in education, especially the provision of ultra-modern classroom blocks for several schools, which are equipped with laboratories, ICT centres and libraries; the establishment of ten (10) STEM centres across the country including one in Accra to aid the study of engineering and robotics. Construction has started of the University of Agricultural Science in Bunso in the Eastern Region.

    Mr. Speaker, apart from the enhancement of revenue and the judicious use of resources, we are all agreed that we need to do something about our huge import bill. Last year, I set up a five-member ad hoc Cabinet committee to work on a policy to enhance domestic production and export development with a four-fold strategy to: (1) reduce the country’s import bill in the short-, medium- and long-term; (2) enhance domestic productive capacity in selected products; (3) generate widespread employment opportunities; and (4) diversify and expand our export capacity to Africa and beyond, especially through the vehicle of the African Continental Free Trade Area (AfCFTA).

    In 2021, Ghana’s total import bill was put at US$13.7 billion, according to GRA/ICUMS. On the evidence of existing local productive capacity, we have identified a list of twenty (20) priority products in the categories of primary agricultural products, processed foods, and manufactured goods, where we can confidently enhance domestic production. Amongst these are rice, fish, poultry, fruit juice, sugar, tomatoes, vegetable oils, oil palm, fertilizers, pharmaceuticals, soaps and detergents, insulated wire, ceramic products, corrugated paper and paper board, cement/clinker, and motor vehicles.

    The report on the implementation modalities to enhance domestic productive capacity in these products has been prepared and, once confirmed, the new Minister for Trade & Industry will roll-out urgently a series of initiatives to implement the policy.

    I want, at this stage, to make mention of one particular programme that has been introduced by the Government to address the needs of the youth and women, the YouStart programme. This programme seeks to support young entrepreneurs to gain access to capital, market, training and technical skills, compliance and quality assurance support and business development support services that will enable them start, build and grow their own businesses.

    Mr. Speaker, the YouStart programme was successfully piloted in 2022 with seventy (70) youth-led businesses benefiting from the initial GH¢1.98 million. Subsequently, a total of two hundred and eighty-eight thousand, eight hundred (288,800) applications have been received and are being processed by the Ghana Enterprise Agency for full operation.

    Mr. Speaker, Government remains committed to infrastructure development. Working with the private sector, we continue to explore the use of Public-Private Partnership arrangements as a financing alternative to the delivery of critical public infrastructure, such as the Accra-Tema Motorway Extensions, Accra-Takoradi Motorway, and Sogakope-Lome Transboundary Water Supply Projects.

    In addition, Mr. Speaker, the seven hundred- and fifty-million-dollar ($750 million) AFRExim Bank facility, which has been secured, will make it possible for us to construct many other roads and interchanges, including the long-awaited four-tier Suame Interchange.

    Mr. Speaker, we have now reached the point where we feel the impact of technology as an irreversible way of life. We have digitised many processes; the Ghana Card has become a one-stop shop for Ghanaian identity and its usages.

    We are fully convinced that our embrace of, and investment in information technology and the digital infrastructure will help us to redefine our traditional concepts of time, space, speed and nature of conducting business within our society, economy and culture. Information technology helps all segments of society to be integrated and transformed through connectivity, in facilitating the production, distribution, and consumption of information within the whole economy and society.

    We have integrated many processes within the digital environment, and for this we have to recognise the efforts of many component parts of the government, such as the Ministry of Communications and Digitalisation, the National Identification Authority, and especially the Vice President, Dr. Alhaji Mahamudu Bawumia, who, I understand, has been nicknamed E-Bawumia. Our need for technological reinforcement within all our structures and spaces is unending, and we will continue to push the frontiers of our engagement with the technologies of information, economic development and human transformation.

    We must be cheered by the improvements being made in the National Health Insurance Scheme (NHIS) to make access easier. The scheme is currently one of the better-digitalised institutions, and I hope they get the public support that they need. I note, in particular, with satisfaction, that they have developed a self-enrolment mobile application (My NHIS App) that allows Ghana Card holders to self-enrol in the scheme and this application enables registration and renewal for oneself and others by linking NHIS cards to Ghana cards. In 2022, over 5 million members’ data was linked to their Ghana card to enable them to access healthcare using the card.

    The National Health Insurance Authority has also improved its claims management processes with an emphasis on e-claims and paperless systems at all four Claims Processing Centres. In the year under review, electronic claims processing was about seventy percent (70%) of all claims submissions. As of 31st December 2022, the scheme paid a total claim of GH¢1.014 billion to health service providers.

    Mr Speaker, our drone delivery service is firmly established and Ghana now has six (6) centres for Zipline drone services, making Ghana the largest aerial logistics distribution network in the world. Zipline, through the national-scale drone delivery services, has delivered some 14.8 million (14,809,463) units of life-saving medicals, vaccines, and blood products to health facilities in Ghana by the end of 2022. Childhood vaccines top the list with the delivery of 8.3 million doses, followed by 2.05 million doses of COVID-19 vaccines.

    Mr. Speaker, I must say, however, that the current shortage of some childhood vaccines in the country has concerned me greatly. This shortage, if prolonged, will affect negatively Ghana’s Childhood Immunisation Programme, which has been recognised as one of the most successful in the world. The WHO has only recently expressed worry about a steady decline in measles vaccination coverage globally, because of the concentration on the fight against COVID-19.

    In accordance with our desire not to become part of this global trend, Government has taken steps to ensure that stocks of these vaccines are procured and supplied, as a matter of emergency. The Ghana Health Service has developed an elaborate programme to catch up on children who have missed their vaccinations immediately stocks arrive.

    Mr. Speaker, I want to encourage all parents and caregivers to ensure that eligible children are vaccinated, once this programme begins. No child should be denied access to vaccination. Mercifully, so far, not a single child has died as a result of the outbreak.

    This House has already passed into law the National Vaccine Institute Bill, which is yet to be brought for my assent. In the near future, this Institute will ensure that, no matter what happens to the global vaccine supply chain, we can produce our own vaccines locally.

    Mr. Speaker, government continues to prioritise agriculture as one of the driving forces for economic transformation. The experiences and lessons from the COVID-19 pandemic and the Russia-Ukraine conflict justify sufficiently our increased investment in the agricultural sector. Indeed, the sector recorded significant successes, with an average growth rate of 6.28% from 2017 to 2021. The consistent growth over the period has translated into improved food security, job opportunities along agricultural value chains and availability of raw materials for industry.

    To address the vexed issue of post-harvest losses, we have constructed some sixty-five (65) warehouses, with the remaining fifteen (15) at advanced stages of completion. This intervention is adding some eighty thousand metric tonnes (80,000mt) to national grain storage capacity. US$29.9 million worth of machinery and equipment have been procured from Brazil to boost mechanisation. Government will, this year, commence preparatory works for establishing a Tractor and Backhoe Loader Assembly Plant in the Ashanti Region, and continue capacity building of operators to ensure effective management and prolong the lifespan of agricultural machinery.

    Mr. Speaker, the impact of climate change and variability on global agricultural activities is a call to us, and, indeed, all countries, to adopt appropriate technologies and other innovative practises for sustainable agriculture and resilience against food insecurity. Government’s response has been to continue to invest in irrigation infrastructure both large and small scales across the country. In 2022, government completed the rehabilitation and modernisation of large-scale irrigation schemes at Tono, Kpong and Kpong Left Bank projects. The three schemes are expected to provide six thousand, seven hundred and sixty-six hectares (6,766ha) of irrigable land for all-year-round crop production. Phases I and II of the Tamne Irrigation Project have also been completed, with Phase III of the project at fifty-seven percent (57%) completion.

    Mr. Speaker, we are now at the most difficult stage of electricity provision around the country. The parts that are left are the very difficult to access areas. The National Electricity Access rate increased from 79.3% in 2016 to 88.54% in 2022, making us amongst the top six (6) in Africa, and we are still expecting to achieve the ninety percent (90%) universal electricity access rate by 2024. To reduce transmission system losses and voltage fluctuations and to improve the overall quality of power supply, old lines are being replaced on the Western, Eastern, Coastal and Middle corridors. It is worth noting that three (3) new sub-stations have been commissioned between 2021 and 2022 thereby improving reliability and efficiency.

    Mr. Speaker, I am pleased to inform the House that the Electricity Company of Ghana, has since the last quarter of 2022, embarked on an aggressive digital transformation programme.

    In the first phase of this programme, set to be completed by end of April 2023, the focus is on creating a cashless and efficient payment system. I am pleased to announce that, on 1st March 2023, all ECG District Offices became cashless. This is a major achievement by all standards. Since the start of this transformational programme, we have so far seen a twenty-five percent (25%) increase in the monthly revenues. The second phase of the programme will see the digitisation of postpaid bills, and the digital tagging of all metres.

    In our estimation, these initiatives should increase the monthly revenues of ECG by some forty percent (40%) before the end of this year. I firmly believe that the initiatives, which have been so boldly rolled out by ECG, will make revenue leakage a thing of the past, and address consumer pain points in their interactions with ECG.

    Mr. Speaker, we continue the fight against galamsey with the support of the security agencies, in the short-term. However, we are determined to promote responsible small-scale mining through Community Mining Schemes. So far, sixteen (16) of these Schemes have been commissioned, with three (3) more to be commissioned by the end of this year. All these Schemes are supported with Gold Katchas, pieces of equipment designed to help small-scale miners to extract gold from the ore without the use of mercury.

    In 2021, I launched the National Alternative Employment and Livelihood Programme. The Programme employs several youth in the production of seedlings and reclamation of degraded mined lands. Currently, reclamation is ongoing over one thousand hectares (1,000ha) of degraded lands in Ashanti, Eastern and Western North Regions.

    Mr. Speaker, on the international front, I should state that having gained a seat as a non-permanent member of the Security Council for the years 2022 and 2023, Ghana, as one of three Non-Permanent African Members, is working vigorously to push the Africa agenda, which includes the fight against terrorism, and the reform of the UN Security Council. I am pleased to state that good progress is being made on the reform of the UN Security Council. A US President, for the first time, in the person of President Joe Biden, and the French President, Emmanuel Macron, have both embraced the Reform process. It is our hope that the leaders of the three other P5 Members of the Security Council will soon do the same, and help bring about this much needed reform that will bring greater effectiveness to the work of the United Nations and the Security Council in the maintenance of international peace and security.

    We continue to be active members of the African Union and ECOWAS, and support strongly measures both bodies have taken against unconstitutional changes in government in our Region. We are working with our partners in the Region to strengthen regional co-operation in the fight against the terrorist menace in West Africa, hence our commitment to the Accra Initiative.

    Mr Speaker, our decision to prioritise tourism, as a key policy for economic diversification, job creation and growth, is clearly paying off. The World Economic Forum Report 2021 Travel Index ranks Ghana as the number one tourism destination in West Africa. The potential contribution of tourism and the arts to GDP is, therefore, one that we must nurture and emphasise.

    Both domestic and international tourism are rebounding significantly from the severely disruptive impact of COVID on the travel and tour industry. International arrivals nearly trebled last year, from a low of three hundred and fifty-five thousand, one hundred and eight (355,108) in 2020, to over nine hundred and fifteen thousand (915,000). Domestic visits to tourist sites are also up by over 55.7% during the period. All these have been made possible by deliberate marketing initiatives and upgrades of tourist infrastructure by the Ministry of Tourism, Arts and Culture and its Agency, the Ghana Tourism Authority.

    “Beyond The Return” initiative, which I launched in 2019 as a sequel to the Year of Return, has re-ignited excitement about Ghana as the hub and a Mecca for the Global pan-African, a home every person of African descent must visit at least once in their lifetime. A few days ago, at a historic ceremony in Washington DC, we conferred Ghanaian citizenship on Mother Viola Fletcher (108 years) and her brother Uncle Red (102 years), two of the only three living survivors of the Tulsa Massacre of 1921. In May this year, I will be chairing a Tourism Stakeholder Retreat on “Rethinking Tourism for National Development & Job Creation”. I have tasked the Ministry and its Agency, the Ghana Tourism Authority, to work on the modalities to bring together all the stakeholders within the industry. Over the next couple of years, my government will deepen even further our efforts to make tourism a strong primary source of growth for the economy.

    Mr Speaker, Monday was 6th March, our Independence Day, and this year we had the main celebrations in the Volta Region.

    I made the decision to rotate the Independence Day anniversary celebrations in order to enhance the cohesion and unity of our nation, and to make it clear to all segments of our population that we are all part of the “One Ghana Project”. I am glad to inform the House that it was a happy and grand event, set against the breathtakingly beautiful background of the Adaklu mountains.

    Mr. Speaker, sixty-six (66) years since our independence, Ghana has taken steady strides to becoming a more developed country. The Ghana of 1957 is not the Ghana of 2023. We have come a long way since the days of our six million population, with very few modern amenities for its people, to today’s population of thirty-two million, with a growing stock of modern infrastructure, spanning drones to supply our medicines, to the Ghanacard which identifies each of us as proudly Ghanaian. As President, I have championed the innovation of policies and the execution of projects that have helped improve the quality of life of the Ghanaian people. And, God willing, I will continue on a path that brings the most benefit to the people of Ghana.

    Things may be dire today, nonetheless, we must count our blessings. Our petrol stations have fuel, and we have been spared long, winding queues to fuel our vehicles. Our markets and shops are, by the Grace of God, well-stocked, and we have not been faced with the prospect of the rationing of basic necessities such as fruits and vegetables. Our children’s schooling has not been interrupted. We have continued to provide Free SHS, Free TVET and pay teacher and nursing training allowances. Our electricity supply has been consistent, and we have been spared the hardship of Dumsor during such a trying time. Our country continues to be stable and at peace.

    Throughout history, there are many instances of nations going through periods where dark clouds create shadows that momentarily shield the yearned-for vision from sight. Such moments should not be ones in which despair takes over. Such moments call for strength of character, sense of purpose and an abiding commitment to the general good.

    Fellow Ghanaians, let us believe in ourselves, and in our capacity to overcome the problems that are before us. This is a phase, and, with every fibre of my being, I am certain that this too shall pass. We have done it before, and we will do it again.

    May God bless us all, and our homeland Ghana, and make her great and strong.

    Mr. Speaker, I thank you for your attention.

  • ‘Be grateful you have a President like Akufo-Addo’ – Schwarzenegger to Ghanaians

    ‘Be grateful you have a President like Akufo-Addo’ – Schwarzenegger to Ghanaians

    Ghanaian comedienne, Afia Schwarzenegger, has asked Ghanaians to count themselves blessed enough to have a president like Nana Addo Dankwa Akufo-Addo.

    Stating reasons Ghanaians must count themselves lucky, Afia said she is currently in Germany where train and bus workers are demonstrating against the government, in the quest to demand a better life.

    Making reference to Nigeria, Afia said the citizens will ‘kill’ to have a president like Akufo-Addo, thereby citing, that they have currently rejected their president-elect, Mr. Ahmed Bola Tinubu.

    In what was meant to be a goodwill message on Independence Day, Afia Schwarzenegger was spotted on Instagram asking Ghanaians to cut Akufo-Addo some slack.

    “Nowhere cool. Come to Germany and see. The bus and train drivers are on demonstration. Be happy that you are a Ghanaian and be grateful that Nana Addo is your president, because Nigerians wished they had a handsome, young-looking president like ours. Also, our president speaks good English and has a nice speaking accent. Be grateful that you have a president like Nana Akufo-Addo who will not lick the microphone when he speaks. And we are breaking the eight with Bawumia.”

    Tinubu was elected president of Nigeria in a recent election that saw him poll 8.8 million votes to defeat former-associate-turned-foe Atiku Abubakar and surprise frontrunner Peter Obi, who scored 6.9 million and 6.1 million, respectively.

    Afia Schwarzenegger has since been trolling Nigerians for electing what she termed as ‘an old feeble’ man as a president.

    The comedienne and Kwame A Plus have shared earlier posts on social media where they were captured mocking Nigerians for their new choice of leadership.

  • 72 Students honoured at President’s Independence Day Awards

    72 Students honoured at President’s Independence Day Awards

    President Nana Addo Dankwa Akufo-Addo yesterday rewarded the 2021-2022 winners of the President’s Independence Day Awards in Accra.

    The awards, which is sponsored by Nestle Ghana Limited, is an annual event which recognises and rewards young brilliant students between the ages of 14 and 19 from across the regions. 

    The 72 awardees were selected based on their exceptional academic performances in the Basic Education Certificate Examination (BECE). 

    The overall best male and female students from public schools were also selected based on the raw scores obtained in the West African Senior School Certificate Examination (WASSCE).

    There was also a category for persons with disability.   

    Each awardee received a plaque, a certificate, an amount of GH¢3,000, a laptop computer and a full year supply of Nestle products.

    Delight 

    President Akufo-Addo said he was always delighted to interact with brilliant and talented young people because they represented the future of the country.

    “You will be part of the story of whether this country will still remain somewhat dependent on foreign assistance or it will be a self-reliant nation largely mobilising its own resources to take care of its needs,” he added.

    The President urged the awardees not to allow the success chalked up to get into their heads because the achievement was the beginning of more to come for which reason they must continue to work hard.

    He advised them to be diligent, hardworking and morally upright, adding that honesty and integrity were important values they must always uphold. 

    The President gave an assurance that the government will continue to place importance on access to quality education for all because “today’s youth running barefooted to school could be a future leader”. 

    Significance

    President Akufo-Addo further described education as a sector that provide equal opportunities and the most effective way to change an individual and a nation’s fortunes. 

    He commended both teaching and non-teaching staff of schools that nurtured the awardees and urged them to continue to give of their best to unearth more talents for nation-building.The President also commended parents and guardians for their care, support and sacrifices that had motivated the children and wards to  give their best.

    School placement

    The Minister of Education, Dr Yaw Osei Adutwum, said this year more than 500,000 students were placed in various schools to enable them to realise their dreams.

    “The vision of the President is to ensure that this nation will live true to its motto of Freedom and Justice,” by providing opportunities for all children irrespective of their economic circumstances or background.

  • West Hills murder: Akufo-Addo petitioned to sack IGP

    West Hills murder: Akufo-Addo petitioned to sack IGP

    President Akufo-Addo has been petitioned to dismiss Inspector-General of Police.

    The petition led by FX Law and Associates led by Member of Parliament for Madina, Lawyer Francis-Xavier Sosu has petitioned President Nana Addo Dankwa Akufo-Addo to immediately remove Dr. George Akuffo Dampare as Inspector General of Police (IGP).

    This is in relation to the IGP’s inaction according to Mr Sosu with regard to the murder of Shadrack Arloo by a police officer and a private security man at the West Hills Mall on 30th January 2023.

    Mr Sosu and some MPs including the Family of the late Shadrack Arloo had on the first of February, 2023 petitioned the IGP to investigate and arrest police officers involved in the said case.

    However, the seven-day ultimatum given by the family and the lawyer was not met by the Police.

    FX Law and Associates, thus, wants the IGP fired for negligence.

    The law firm is also demanding an investigation into the murder to prevent future recurrence.

  • “Loyalty that is not respected is not valuable – Frances Asiam

    “Loyalty that is not respected is not valuable – Frances Asiam

    The recently passed Frances Awurabena Asiam, the outgoing managing director of the Ghana Cylinder Manufacturing Company Limited (GCMCL), has accused President Nana Addo Dankwa Akufo-Addo of betraying her in a dispute over Dr. Matthew Opoku Prempeh’s appointment as energy minister. The dispute ultimately led to her resignation.

    In an interview with Yeah FM after announcing her resignation on February 23, 2022, Madam Asiam claimed that the circumstances surrounding her decision to step down demonstrated the unreliability of politicians.

    “Politicians, politicians in generic terms should not be trusted and cannot be trusted… the reason being that they do not respect loyalty and the reason being that they feel too big. Their egos overrun and overtake them,” she said in an interview with Okay FM’s Kwame Nkrumah Tikese monitored by GhanaWeb.

    In another interview with Accra-based UTV, Madam Asiam said she does not want to have anything to do with the Akufo-Addo government going forward although she remains a member of the New Patriotic Party.

    “I thank the president but what I want to tell Nana Addo Dankwa Akufo-Addo is that loyalty which is not respected is not worthwhile and my party and my parting words to the primus inter pares of the Republic of Ghana is that a government or a nation that does not respect its heroes or heroines is not worth following. This is what I have to say to the president.

    “For Nana Akufo-Addo, I’ve finished with him. I don’t have any issues to talk out with him, he should not call me. He should take his cylinder (company) I will also find my way. I am a private individual, from now a consultant. I am an international consultant and it is God who takes care of all humans not Nana Addo,” she added.

    Awurabena Asiam has blamed the minister of energy for her resignation.

    While accusing the minister of meddling in her work, she said GCMCL had partnered with another government agency for its ongoing expansion project but the minister had unilaterally decided to bring in another agency in place of the government agency.

    Awurabena Asiam added that she had a huge fight with Dr Opoku Prempeh over his decision at a retreat over the weekend and warned that she will resign if the move happens.

  • Bawumia responds to Alan Kyerematen’s campaign message in the northern region

    Bawumia responds to Alan Kyerematen’s campaign message in the northern region

    After carefully listening to Hon. Alan Kwadwo Kyerematen‘s interview on Radio Tamale on February 22, as part of his northern region tour, we have realized that, though he is a gentle and cool person, he has nothing to offer NPP supporters and Ghanaians at large should he be given the nod lead NPP as our flagbearer

    First of all, one can be supported and voted for to lead the party base on his consistent financial, intellectual or devoted time contribution toward the growth of the party especially from 2007 till date which he has no track record of.

    One can also be supported to lead the party considering his ability to empower or mentor people especially, taking into account the number of years he has been contesting. But according to his own response to a question he was asked by the host, Abdul Shakur Omae, to tell whether or not he has helped grown people, especially in the northern region, he was unable to mention a single person and therefore has no footprint on that as well

    Finally and ultimately, one can be supported to lead our party based on the message and clear vision he has for Ghanaians which can convince the floating voters to endorse the party to break the 8 come 2024 general elections. But as obvious, he already admitted that he has no campaign message for Ghanaians to break the 8 when he was addressing the Sefwi Wiaso Traditional Council as part of his campaign tour in the Western North Region by saying “The current economic crisis is making it difficult for NPP to craft campaign message” despite all the life-changing and flagship programs implemented by our current government

    The overview of that interview points out the fact that he has no message different from the usual mischief of his supporters that ‘it is a queue and it is his term’; ‘it is a tradition’ and or ‘he has suffered for the party’.

    But to analyze them logically, to those who say it is a ‘tradition’ and for that Hon. Alan Kyerematen is supposed to lead. I will like to remind them if they care to know, that NPP is based on 3 traditions (i.e Dankwah, Bussia and Dombo) of which we have H.E John Kufuor from Bussia tradition; H.E Nana Addo Dankwa Akufo-Addo from Dankwah tradition and we are yet to have one from Dombo tradition to lead who is no one than H.E Dr. Mahamudu Bawumia.

    Therefore, from the angle of tradition, Dr. Mahamudu Bawumia is the best/next to lead.

    Again, to those who argue that ‘it is a queue’ and for that matter it is Hon. Alan Kyerematen’s turn, let me kindly bring to their understanding that he joined the so-called queue in the same year Dr. Mahamudu Bawumia was appointed the running mate to Nana Addo Dankwa Akufo-Addo but the difference is that whilst he was spending his time only on contesting, Dr. Mahamudu Bawumia was in the queue campaigning for the party to win elections. Hence, from the perspective of being in the queue for a long time, Dr. Mahamudu Bawumia stands tall and is next/best to lead.

    Lastly on the argument that ‘he has suffered’ for the party more than all those bidding to lead NPP, let’s reflect back to the days when H.E Dr. Mahamudu Bawumia was delivering economic lectures from one place to another which had made H.E John Dramani and NDC unpopular that masterminded John Dramani Mahama running as one term president which is unprecedented in the history of Ghana.

    Or have they forgotten the Almighty 2012 election petition during which Dr. Mahamudu Bawumia was the only one to withstand the then pressure and defend the party in the supreme court?

    To recap, it is apparent that from all perspectives, H.E Dr. Mahamudu Bawumia remains the next and the best to lead and for that matter, we are edging all the sympathisers of NPP, precisely the delegates to remain firm in making sure that he (i.e Dr. Mahamudu Bawumia) leads the party as our next flagbearer to break the 8.

  • Fix yourself and we’ll assist you– German Ambassador on Akufo-Addo’s plea for debt relief

    Fix yourself and we’ll assist you– German Ambassador on Akufo-Addo’s plea for debt relief

    Germany says it is ready and willing to help achieve debt relief for Ghana but insists it will only do that if the government of Ghana would put its house in order.

    President Nana Addo Dankwa Akufo-Addo on Friday, February 3, 2023, urged Germany to “encourage” China, an ad hoc member of the Paris Club, to support Ghana’s debt restructuring efforts.

    He said it was critical that the Paris Club swiftly establishes, with the participation of other official creditors, a creditors committee, to support the efforts that would enable Ghana to restore economic growth.

    The Ghanaian leader made the call when the visiting German Finance Minister, Christian Lindner, called on him at the Jubilee House, Accra.

    Linden, who led a delegation from his country, held bilateral talks with the President aimed at boosting relations and economic ties between the two nations.

    President Akufo-Addo told the minister that the main concern for his government was to conclude negotiations with the International Monetary Fund (IMF), particularly at the Board Level and seal a deal with the Bretton Woods institution by mid-March this year.

    “Our main concern right now is the arrangements that we are in the process of concluding with the IMF…and the specific assistance that will be useful to us and help us fast-track the process”.

    “Our target is that by the middle of March, we should be before the Board for the full agreement. We have already taken one important step forward in concluding a staff-level agreement with the IMF and we are now looking to go the full haul in concluding the agreement. We are hoping that it will be done by the middle of March”.

    “One of the steps towards that has been the domestic debt exchange programme that we are on, which fortunately, we have quite a lot of difficulties, has now been virtually concluded,” he stated.

    However, President Akufo-Addo stressed that there was a vital need for other creditors to support the efforts that his government was undertaking to restructure both the external and domestic debts of the country, to enable the IMF deal to fall through quickly.

    “We now have our relations with the Paris club and the common framework, and we are looking for as quickly as possible a creditor committee to be established, so we will have the body with whom we can engage to bring those discussions as quickly as possible”.

    “We have good relations with China. We will like you to encourage China to participate in these programmes as quickly as possible…A very important consideration for us is the financial stability fund that has been promised us as one of the key outcomes of these negotiations and definitely once again, your voice in trying to bring that into being is something that we would appreciate very much,” President Akufo-Addo told Finance Minister Lindner.

    The President commended the German government for extending support to Ghana to enable her to overcome the current economic difficulties. He said the German government had proven to be a reliable ally and Ghana would continue to count on the European nation as “a privileged partner” as the country seeks a bailout from the IMF.

    The IMF, last December reached a Staff-Level Agreement on a $3 billion, three years Extended Credit Facility with Ghana to relieve its debt.

    Speaking with Accra-based Joy News on the president’s appeal to the German Finance Minister for debt relief help, as far as China is concerned,

    German Ambassador to Ghana, Daniel Krull, said laid out some conditions that he said Ghana must first meet before his country could offer the requested assistance of convincing China to restructure or forgive Ghana $1.7 billion of the West African country’s total debt portfolio of $5.7 billion owed its bilateral partners.

    Mr Krull said: “First of all, we insist that those measures that can be taken here in this country have to be taken”.

    “The second condition is that; yes, we are willing to take our share of responsibility as one of the major bilateral donors to Ghana but only if all the others also join in this effort”, the ambassador pointed out, adsing: “And there is a multilateral framework that was set up exactly for these kinds of crises and we urge and try to convince all stakeholders in this process to stick to this agreed framework. It’s the G20 framework”.

    Being more specific about the pre-conditions, Mr Krull outlined: “Let me point to three elements: the biggest loss maker in Ghana is the energy sector. In this sector alone, each year, GHS1.5 billion in new debt is piled up. So, if that is not solved and you can ask the IMF for $10 billion, you still will not solve the problem in the medium term”.

    “So, there has to be an answer in Ghana to the 50% technical and non-technical losses in the energy sector”, Mr Krull notes, stressing: “If that is not resolved, I don’t see how we can make finding a sustainable solution for the financial problems of the country”.

    “The second part”, the ambassador said, “is on the other side of the budget and that is the revenues”.

    “Ghana has the lowest; one of the lowest tax-to-GDP ratios, not even 13%. So, we have been cooperating with the local authorities and setting up a very smart system of property tax collection”.

    “So, I think that is an important way forward and this has to be done and processes and decision-making have to be faster to meet the goals, to be able to meet the targets that have been agreed with the IMF”.

    The Ambassador also said he is “still amazed on the procedures for how the budget is set up and how difficult it is to get an understanding of how this all works”.

    “And, I think that is something that has to be [improved]. He is, however, confident that with the necessary political will, new opportunities will be created to enhance economic growth”.

  • Akufo-Addo to deliver SONA on March 8

    Akufo-Addo to deliver SONA on March 8

    President Nana Addo Dankwa Akufo-Addo has been rescheduled to address Parliament on the state of the nation on March 8, 2023, instead of February 28 as earlier announced.

    Presenting the House’s business statement for the ensuing week, Majority Chief Whip, Frank Annoh-Dompreh, said: “the message of the state of the nation would not come off as earlier advertised.”

    He didn’t give reasons why the address was rescheduled to the chagrin of the Member of Parliament for Tongu North, Samuel Okudzeto Ablakwa.

    According to him, the delivery of the state of the nation address is the most important constitutional assignment in the current meeting of the lawmaking chamber and must be prioritized.

    For him, rescheduling it without any reason is unacceptable.

    Mr Annoh-Dompreh, however, disagreed, arguing that the committee’s action, as regards the scheduling of the date, is within the provision of the law, and has not faulted.

  • Minority demands immediate downsizing of government

    Minority demands immediate downsizing of government

    The Minority in Parliament has registered their disappointment at the President’s refusal to reduce the size of government at a time the country’s economy has dwindled.

    The caucus at a press conference this morning called for the immediate reduction in the number of ministers from the current 86 to 65, as well as the merging of some ministries.

    “Ghanaians had hoped that the seriousness of the economic situation would finally prompt a reduction in the size of government and that President Akufo-Addo will see the wisdom in getting rid of the deadwood in his government who have nothing to offer our country.

    “In unison, Ghanaians have called for a reduction in the size of government, which is a major guzzler of public funds,” Minority Leader Cassiel Ato Forson said.

    He added that: “Regrettably, the Akufo-Addo/Bawumia government has carried on as usual, as though there is nothing at stake and continues to add to the plight of the people with reckless abandon.

    “In the circumstances, while this insensitive government is refusing to act responsibly to contain the looming economic disaster, we in the Minority will faithfully discharge our duty to Ghanaians.”

    The group also demanded a reduction in the number of political appointees at the Office of the President and the scrapping of all amorphous creations and waste-pipe appointments since the assumption of office of the President in 2017.

    “The work of those undefined, amorphous creations must revert to established entities in the civil and public service that perform similar, if not the same functions,” the minority said.

    President Nana Addo Dankwa Akufo-Addo, on 7th February 2023, submitted to Parliament, seven names to be vetted and approved as ministers and deputy ministers.

    They include Kobina Tahiru Hammond, Member of Parliament for Adansi Asokwa Constituency, as Minister for Trade and Industry; Dr. Stephen Amoah – Deputy Minister for Trade and Industry; and Bryan Acheampong as Minister for Food and Agriculture.

    The rest are Stephen Asamoah Boateng – Minister for Chieftaincy and Religious Affairs; Mohammed Anim Adam – Minister of State in the Finance ministry; Osei Bonsu Amoah – Minister for Local Government and: Herbert Krapah – Deputy Minister for Energy.

    The Appointment Committee in Parliament has today February 20, begun vetting the nominees.

  • ADOA rubber plantation project will contribute to economic growth – Akufo-Addo

    ADOA rubber plantation project will contribute to economic growth – Akufo-Addo

    President Nana Addo Dankwa Akufo-Addo is upbeat about the 1,000-acre rubber plantation project initiated by the Anglican Diocese of Accra (ADOA).

    He said the project, which had received funding support from the Agricultural Development Bank (ADB) Limited, was the largest private-owned rubber plantation in the country.

    Addressing the opening of the 18th Anglican Consultative Council (ACC), at the University of Ghana, Legon, President Nana Akufo-Addo described the agricultural project as a viable economic venture, which would add up to Ghana’s development and growth.

    He commended the Diocese for its vision, noting that, that and other projects embarked upon by the Church, especially in the areas of education, healthcare, governance and other social services had been beneficial to the society.

    The President indicated that the Government was ready to partner the Church in the implementation of its development initiatives, especially those in line with the Directive Principles of State Policy to enhance a progressive and prosperous Ghana

    On the economic front, President Nana Akufo-Addo acknowledged the fact that the country was experiencing difficult times, however, with hard work and sense of determination, the country would surmount the challenges to bring relief to the people.

    The role of the ACC is to facilitate the cooperative work of the churches of the Anglican Communion, exchange information between the provinces and churches, and help to coordinate common action.

    It advises on the organisation and structures of the Communion and seeks to develop common policies with respect to the world mission of the Church, including ecumenical matters.

    The Council includes members of the laity, archbishops, bishops, priests, and deacons, and through its networks and programmes seeks to serve the needs of member churches.

    It is accepted as the most representative body of gathered Anglicans among the Instruments of Communion.

    President Nana Akufo-Addo, a devout Anglican, said in recent years, the Church had been a good example of what it meant to love one another and give cheerfully to those in need.

    “It continues to play a significant role in the growth and development of our nation,” he noted.

    The programme had in attendance the First Lady, Mrs Rebecca Akufo-Addo, as well as the Most Reverend and Right Honourable Justin Welby, Archbishop of Canterbury, who led the Council to pray for the Church, President, nation and mankind’s development.

    Some 110 delegates, representing 39 of the Anglican Communion’s 42 member churches or provinces, are in Accra for the 18th ACC plenary meeting.

  • Akufo-Addo calls Sophia Akuffo for an urgent meeting – MP alleges

    Akufo-Addo calls Sophia Akuffo for an urgent meeting – MP alleges

    The former Chief Justice Sophia Akuffo allegedly received a call from the President after she joined pensioners in protest of the government’s decision to include their bonds in its Domestic Debt Exchange Program, according to the Member of Parliament for Builsa South (DDEP).

    Dr Clement Apaak said that he has information from sources close to the presidency that President Nana Addo Dankwa Akufo-Addo has invited the former Chief Justice of Ghana to a vital meeting.

    “Deep throat sources have it that President Akufo-Addo has invited former Chief Justice, Sophia Akufo, for an urgent meeting. Don’t ask me why, your guess is as good as mine!” a tweet the MP shared on Friday, February 11, 2023, read.

    The former Chief Justice of Ghana, Sophia Akuffo, who was appointed by President Akufo-Addo, joined retirees picketing the Ministry of Finance in Accra.

    The pensioners have been picketing at the premises of the ministry since Monday, February 6, 2023, over the government’s plan to include their bonds in its Domestic Debt Exchange Programme.

    Captured in a front-seat position at the premises of the Ministry of Finance, the former Chief Justice has in hand a wooden placard. Her placard read: “We use our bond yields to pay our: rents, medical bills, electricity, water bills.”

    She described the government’s move to include pensioners in the debt exchange programme as wicked, disrespectful and unlawful and threatened to sue the government if it goes on with it.

    According to her, it is wrong for the government, through the Ministry of Finance, to sacrifice pensioners’ hard-earned monies to save the government after serving the nation.

    While bemoaning the negative impact of the debt exchange programme on pensioners in an interview with GhanaWeb Business, Sophia Akuffo stressed that it was heartbreaking to see her age mates and others older than her go through pain.

    “It is very heart-breaking to see people, particularly in my age group, some are older than me, somewhat younger than me but these are all people who have worked very hard. They could have left the country when others were going. They stayed, they worked for the nation.

    “I find this wicked, disrespectful, I find it unlawful. I find it totally wrong, period because you don’t solve your problems by sacrificing your aged. That’s the last thing you should do especially when you don’t have any services that are actually geared at the comfort and relief of the aged,” she said.

  • Black Sherif performs for Nana Akufo-Addo and ministers

    Black Sherif performs for Nana Akufo-Addo and ministers

    The month of February was ushered in by the President of Ghana, Nana Addo Dankwa Akufo-Addo, commissioning a newly constructed 300-bed unit at the 37 Military Hospital.

    According to the president, in a Facebook post he shared, the freshly inaugurated facility will house newly appointed military personnel during their basic training in medical treatment.

    Meanwhile, during the ceremony, popular Ghanaian performer, Black Sherif entertained attendees, including the president.

    In several photos posted on the president’s Facebook, Black Sherif could be seen performing for the president, who grinned while the singer entertained him.

    Blacko arrived at the event dressed in his casual t-shirt, a pair of pants, and a matching cap, despite being scheduled to play at such an important event.

    Along with the commissioning, President Akufo-Addo gave the military high command control of the UN Level IV COVID-19 Field Hospital, which is close to the Air Force Base in Accra.

    He didn’t stop there though, as he also cut the first sod for the General Headquarters Office Complex for GHQ and the two thousand (2,000) housing units for the Navy.

  • Korankye Ankrah prays for angels to humble Akufo-Addo, Ofori-Atta

    Korankye Ankrah prays for angels to humble Akufo-Addo, Ofori-Atta

    The Founder and Apostle-General of Royalhouse Chapel International, Rev. Sam Korankye Ankrah, has prayed a passionate, heartfelt prayer for God to visit the president of Ghana and his advisers with the spirit of compassion.

    Calling on the angels of Heaven to arrest the hearts of the politicians in leadership, the veteran preacher prayed that God would open the minds of the leaders so that they would know that it is wrong for them to touch the savings of the poor.

    Praying during the 2023 version of the annual Week of the Altar, a 21-day fasting and prayer period of the church, Rev. Sam Korankye Ankrah stressed that politicians should understand that being in power doesn’t mean they should take advantage of the finances of the vulnerable.

    He prayed to God to bring all such leaders to their knees and humble them, especially if they fail to listen to anyone.

    “If they lose their livelihood, who will they turn to, and where do they go. Our God and our father, we bring the president of this country, his vice, and the Minister of Finance and Economic Planning, and all those who sit and take decisions, Father, bring them on their knees and humble them; humble them.

    “If they will not hear any voice, let them hear the voice of Jehovah God Almighty, and warn them, Oh God, then when you are in power and authority, you don’t touch the savings of the poor, because when the poor people decide to cry, there will be judgment from Heaven. Lord, push them away from the savings of the poor. Push them away from the savings of the needy, for there are families who depend upon these savings

    “I send you, holy angels, go and arrest the hearts of the president, his vice, and the finance ministers, and their advisers,” he prayed.

    The Apostle-General continued to pray that God would make the president, Nana Addo Dankwa Akufo-Addo, and other decision-makers of his, including the Minister of Finance, Ken Ofori-Atta, sensitive to the plights of the poor.

    He also prayed for God’s help to shore up the economy and the country, committing the breadwinners to the safe hands of the Almighty.

    “Make them sensitive to the needs of the people. Bring them on their knees. Let them hear the voice of righteousness, and the poor, and the vulnerable, give us help – help our nation from collapsing, help our nation from sinking, bring our finances back to life, let the economy work again, let families feed their children and their houses, sustain breadwinners, keep fathers and mothers,” he prayed.

    The Nana Addo Dankwa Akufo-Addo government has come under further criticism and attacks over its decision to initiate a Domestic Debt Program that is affecting all bonds except pension funds in the country.

  • Alan’s campaign is dead on arrival – Kpebu

    Alan’s campaign is dead on arrival – Kpebu

    Former Minister of Trade and Industry Alan Kyerematen was not bold enough to tell President Nana Addo Dankwa Akufo-Addo that the government has failed, a private legal practitioner Martin Kpebu has said.

    To that end, Mr Kpebu said Mr Kyerematen is unfit to to lead the country as President.

    “Alan’s policies are dead on arrival. Alan should have been bold to say this government has failed and he will do better,” he said on the Key Points on TV3 Saturday January 14.

    Former Minister of Health under the Mahama administration, Alex Segbefia also asked Mr Kyerematen should be bold and state that the Akufo-Addo administration has failed.

    He said Mr Kyerematen, who stepped down from the government, should have resigned long ago because of the failure of the government.

    Mr Kyerematen after his resignation stated in an address to the nation that President Nana Addo Dankwa Akufo-Addo has created a strong foundation for development.

    Although he believes there are things that could have been done differently, he said the foundation laid will help in reviving the economy.

    He said “My vision is to build a superstructure on this foundation that will bring prosperity to our nation, he said in a nationwide broadcast to officially declare his intention to contest the presidential primaries of the New Patriotic Party (NPP).

    He further explained that the pre-COVID-19 performance of Ghana ‘s economy, the flagship programmes including the Free SHS, the One District One Factory (1D1F) Initiative, the Planting for Food and Jobs programme, the Agenda 111 project and the COVID-19 Response initiatives, are all testimonies of the “strong leadership that the President has provided over the last six years.”

    “In spite of all of the above however, it is an undeniable fact that the combined effect of the COVID-19 Pandemic and the Russia-Ukraine war has stampeded our country into a crisis of unprecedent proportions, with its negative impacts on the economy, on businesses, and on our social lives,” he added.

    Contributing to a discussion on the Key Points on TV3 Saturday January 14, Mr Alex Segbefia said “It was over for him the moment he praised Nana Addo.

    “Where we are you cannot praise Nana Addo. He should have left earlier. For you to praise Nana Addo, he lost it. Do the campaign, speak truth to us that this government has failed.”

  • Why Ace Ankomah is trending on social media

    Why Ace Ankomah is trending on social media

    Following the dismissal of 8 Chiana Senior High School students for verbally abusing President Nana Addo Dankwa Akufo-Addo, private legal practitioner, Ace Ankomah, has been trending on micro-blogging site – Twitter since Wednesday, January 11, 2023.

    This is because, in 2017, Ace Ankomah while defending a serial caller of the National Democratic Congress (NDC), Frank Kwaku Appiah popularly known as Appiah Stadium for alleging that the president was a “wee smoker” mentioned that, ‘It is not an offence to insult the president’.

    According to him, such as act, although unacceptable by society was not a criminal offence by law.

    It is against this background that netizens picked on Ace Ankomah for failing to defend the 8 Chiana SHS students when they were dismissed for insulting President Nana Addo Dankwa Akufo-Addo.

    Social media users described his silence and actions as one of a hypocrite.

    Here are some comments from Twitter users;

  • Reshuffle: Akufo-Addo to reward pro-Ofori-Atta NPP members, punish ‘rebels’

    Reshuffle: Akufo-Addo to reward pro-Ofori-Atta NPP members, punish ‘rebels’

    For several months Ghanaians have demanded and expected a major reshuffle in the government of President Nana Addo Dankwa Akufo-Addo.

    Advocates of the reshuffle have cited the state of the economy and the non-performance of some appointees including ministers to support their course.

    With some key ministers in his government resigning in the last few days, the president is reported to be preparing for a major announcement where changes will be made in his government.

    According to the reports, the president is looking at dismissing some of his appointees, bringing on board new ones and reassigning others.

    With several factors available for the president to consider in the upcoming reshuffle, there is a growing belief that some people will be rewarded while others will be punished.

    One of the factors said to be key in the president’s consideration is the support or otherwise given amidst the calls for the dismissal of the Minister of Finance, Ken Ofori-Atta.

    This assertion is corroborated by the names that have started emerging ahead of the president’s announcement.

    The government, aside battling an economic crisis, has been pushing back against calls for Mr Ofori-Atta’s removal.

    Despite surviving a censure motion moved in parliament by the minority, there remains a force in the New Patriotic Party also demanding the removal of the minister.

    The NPP ‘rebels’ made up of over 80 members of parliament, may have succeeded in registering their displeasure with the performance of the finance minister. But the anti-Ofori-Atta NPP members may take a hit from the impending reshuffle.

    Adansi Asokwa MP, K. T. Hammond, who was the co-chair of the ad hoc committee that sat on the finance minister’s censure motion is tipped to be rewarded for his loyalty in defending the embattled minister.

    The member of parliament for Nhyiaeso, Stephen Amoah, is also tipped for an appointment while the former Minister of State for National Security, Bryan Acheampong is also expected to be rewarded for his loyalty towards the defence of Ofori-Atta.

    Meanwhile, other persons committed to the defence of the finance minister are also expected to receive various appointments including positions of CEOs and management in the various State-Owned Enterprises (SOEs).

    It is also expected that the minister for finance will maintain his position in the upcoming reshuffle.

    However, persons who have been vocal against the finance minister stand a chance of losing their positions.

  • Today in History: US Investor says Ghana is no longer secure for doing business

    Today in History: US Investor says Ghana is no longer secure for doing business

    James Barbieri, the chief executive officer of Green Global Resources, claimed in 2017 that doing business in Ghana was no longer secure.

    This came following a $1.3 million gold scandal involving a US-licensed gold purchase company.

    The CEO said that the Ghanaian police had hindered their efforts to obtain justice and had thereby given foreign investors a negative impression of the country.

    Read the entire article
    Starrfm’s original article was released on June 13, 2017.

    In order to attract investors, the CEO of the US-licensed gold buying company Green Global Resources painted a bleak picture of Ghana.

    James Barbieri, whose company is at the center of a $1.3 million gold scandal, said he has lost confidence in the police service as they are being denied justice in the case.

    Speaking to Starr Business after a media briefing Tuesday, Mr. Barbieri alleged the police are involved in a cover-up, increasing his fear to expand investment in the West African country.

    In March this year five policemen, including the East Legon District Police Commander, DSP Emmanuel Basintale were arrested in connection with a number of alleged fraudulent gold deals running into several millions of Ghana cedis.

    DSP Basintale, who is currently on interdiction, is alleged to have led a group of officers to defraud Green Global Resources Company Limited under the pretext of selling 13 gold bars to the company.

    Mr. Barbieri stressed “it really appears everybody was knowledgeable and nobody wants to address this situation. Right now we are out of significant amount of money and we don’t have confidence that this is a safe environment to operate.”

    For him, the police has adopted a lukewarm approach because most of its high ranking officials are involved in the scam.

    “In this situation, a lot of senior police officials and some other junior ranking officials, some including BNI officers, were allegedly protecting the scammers.

    “Unfortunately the country of Ghana is the real loser here because your security services are apparently corrupt and cheat potential investors and drive this potential investor away by protecting the scammers and these police corrupt officials.”

    “It must be stated categorically that, the 13 boxes of gold that was confiscated have still not been returned to Green Global Resources Ltd. and we believe it is in the possession of the Police Service. We are therefore calling on the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo; Mr. David Asante Apeatu, Inspector General of Police and Mr. Bright Oduro, Director-General of the CID, to act on the information provided above to act upon to retrieve our money or the bars of gold are given to us,” Barbieri opined.

  • Baba Sadiq ‘roars’ at Shatta Wale

    Baba Sadiq ‘roars’ at Shatta Wale

    Former 3Music Network CEO, Baba Sadiq has slammed Shatta Wale for his comments during the Meek Mill saga.

    Earlier, the dancehall artiste poked Ghanaians who poured out their frustrations at President Akufo-Addo, following Meek Mill’s release of the music video shot at the Jubilee house.

    Shatta described all those who have criticized the American rapper and President Nana Addo Dankwa Akufo-Addo as villagers.

    “You wan go America go take pictures for White House. You say “year of return “and your own black brother come shoot video as he return home you bore ..You are a villager trust me!!!
    “You won’t solve your problem. You want to fight with president. see mumu …Jon. There’s a better beef coming up. Forget president beef and let’s wait for the great beef …You can’t show Nana anything. so shut up,” he earlier stated.

    But reacting to the development, Baba Sadiq who appears peeved with Shatta Wale’s statements labelled him as clueless.

    According to the popular music investor, Shatta Wale’s statement were borne out of sheer ignorance.

    “People like Shatta Wale always take advantage of things to spew their ignorance. We sit down in this country and a foreign rapper is allowed to desecrate the presidency and the essence of our statehood and you say what? The presidency is the seat of power, seat of government. That is where power is executed and you allow anybody to just walk-in. that massive security breach? They record that ugly song filled with sexual violence and put it out and Shatta Wale said what?

    “If the argument is that these people are promoting tourism, Ghanaian artistes organized shows this December, wasn’t it meant to boost tourism? If these Ghanaian artistes including Shatta were even hosted at the Jubilee House and parted on the back or even given incentives for doing a good job, wouldn’t that be okay?” he stated in an interview with AccraFM.

    Watch the video below:

  • Ghana Enterprises Agency launches US$20 million SME High Growth Programme

    Ghana Enterprises Agency launches US$20 million SME High Growth Programme


    Ghana Enterprises Agency (GEA) has launched a new SME High Growth Programme to build on and consolidate the successes achieved under the various SME-focused support initiatives.

    Through the partnership, grant support of US$20 million (cedis equivalent) has been earmarked for the flagship SME High Growth Programme, targeting SMEs nationwide for general training, capacity upgrades, consulting, and financing.

    The Grant Programme’s support is expected to help 2,000 SMEs to become investment ready, capable of attracting both local and foreign capital into their businesses, increase sales and more importantly build their capacities to export and culminate into job creation and job sustainability.

    “It is designed to provide training and capacity building necessary to lead to the operational efficiency of the enterprises, boost their competitiveness and scale up their operations for further job creation,” Mrs Kosi Yankey-Ayeh, Chief Executive Officer of GEA said at the launch.

    She said the programme would provide the SMEs with all the relevant tools in Business Development, including digital marketing tools necessary to enable them to take advantage of the African Continental Free Trade Area.

    “This makes the programme design very relevant to the vision of His excellency Nana Addo Dankwa Akufo-Addo for SMEs through the GEA, that is to optimize their potential to enable them to contribute meaningfully to the growth and development of the national economy and poverty reduction.

    “I am happy that together with our Development partner, the World Bank, through the GETP, we can deliver this support to our SMEs,” she added.

    Small or Medium Enterprise (SME) with a majority Ghanaian shareholding of 51 per cent or more and registered under Ghanaian law in sectors such as Agribusiness/agro-processing, Construction, Education, Food and Beverage, Healthcare or Pharmaceutical industries, ICT, Manufacturing, Textile & Garment, Tourism & Hospitality, Trade/Commerce of locally produced goods, Transport and Logistics are qualified to participate in the programme.

    Small enterprises should also demonstrate an employee size of six to 30 and/or annual sales between GHS 180,000 and GHS 7.2Million while Medium enterprises should demonstrate an employee size of 31 to 100 and annual sales between GHS 7.2M and GHS 21.6M

    The GEA has So far implemented three successful interventions under Ghana Economic Transformation (GET) Project, including phases 1 and 2 of the COVID-19 Response Grant Programme and this current SME High Growth programme.

    More than GHS 65 million has been disbursed/committed to more than 800 SMEs between September 2021 to December 2022 with almost 40 per cent of the funding going to women-owned enterprises at a value of more than GHS 23 million.

    Overall, the scheme has chalked over a 90% satisfaction rate based on an online survey conducted in March 2022. This is because the application process is transparent and fast.

    3,195 jobs have been sustained by 311 firms supported with grants.

    Launching the programe, Nana Ama Dokua Asiamah-Adjei, Deputy Minister for Trade and Industry, said the SME Growth Grant Programme, an initiative supported by the World Bank, is being implemented by GEA under the Ghana Economic Transformation (GET) Project.

    She said the programme aimed to address the many challenges faced by SMEs because of the Covid-19 pandemic to enhance the productivity and competitiveness of high-growth export companies, and viable firms owned by the vulnerable, such as women-owned enterprises, persons with disability and the youth.

    “In effect, the second phase of the nationwide Grant Programme being launched this day, will focus only on eligible SMEs in priority sectors that are still negatively affected by the COVID-19 crisis but have also showed positive signs of resilience to spur growth,”she said.

    The main objective is to provide these SMEs with liquidity to enable them to readjust and bounce back to profitable businesses that contribute meaningfully to Ghana’s overall economic growth.

    The Minister reiterated the Government’s commitment to fully implement all initiatives under the Ghana Economic Transformation Project, including the Grant Programme, for the full benefit of SMEs across the country.

    She encouraged all beneficiaries to use the grant received for the intended projects to grow and expand their operations.

    Source: Ghanaweb

  • Alan Kyerematen expresses his intention to run for president

    Alan Kyerematen expresses his intention to run for president

    Alan Kwadwo Kyerematen, the outgoing minister of trade and industry, has stated his desire to serve as the leader of the governing New Patriotic Party (NPP) in the 2024 elections.

    Alan spoke extensively about his goals for the presidency and his ideas for changing the nation in a 17-minute speech that was televised to the entire country.

    The announcement comes just one week after his resignation from the Nana Addo Dankwa Akufo-Addo administration.

    On January 5, 2023, Alan submitted his letter of resignation to the president, who formally accepted it on January 6.

  • Court imposes a GHc48,000 fine on Bulldog for threatening Akufo-Addo in the Menzgold scandal

    Court imposes a GHc48,000 fine on Bulldog for threatening Akufo-Addo in the Menzgold scandal

    Lawrence Nana Asiamah Hanson, alias Bulldog, was fined GHC48,000 by the Accra Circuit Court for declaring on television that President Akufo-Addo would not complete his second term if Menzgold clients were not paid.

    Bulldog will serve 40 days in jail for failing to pay the fine.

    Bulldog had entered a not guilty plea to engaging in offensive behavior that was likely to cause a disturbance.

    However, he was today found guilty by the court, presided over by Evelyn Asamoah, following a two-year trial.

    Comments

    On January 9, 2021, Bulldog was part of panelists that appeared on an entertainment programme on United Television (UTV).

    When the issue of Menzgold came up for discussion on the show, Bulldog said, “the President of the Republic, Nana Addo Dankwa Akufo-Addo will not finish his four year tenure if he failed to pay Menzgold customers.”

    In his defence, the artiste manager cum entertainment critic said he never intended to threaten the President or breach the peace.

    Rather, he said he wanted to appeal to the President’s conscience to help the customers of Menzgold.

    However, in her sentence, the judge was of the considered opinion Bulldog could not had intended to appeal to the conscience of the President due to the gravity of his statement.

    The judge said the statement clearly threatened the President and was meant to incite people against the First Gentleman of the land.

    “What he said could have serious security implications as it put the President in danger,” the judge said.

  • Agriculture Minister Owusu Afriyie Akoto is reportedly planning to leave her position

    Agriculture Minister Owusu Afriyie Akoto is reportedly planning to leave her position

    Dr. Owusu Afriyie Akoto, minister of food and agriculture, is rumored to be resigning from the Nana Addo Dankwa Akufo-Addo administration.

    The move by the minister will probably be made today, January 10, 2023, at the Presidency, according to a report on myjoyonline.com.

    After Alan Kyerematen, the Trade and Industry Minister, resigned on January 5, 2023, should the decision be accepted, it would be the second resignation in roughly four days.

    Although there are no clear reasons for the likely resignation of the Food and Agriculture Minister, it is believed Dr. Owusu Afriyie Akoto is tipped to contest in the flagbearership race of the New Patriotic Party (NPP) ahead of the 2024 general elections.

    Meanwhile, President Akufo-Addo has since directed Finance Minister, Ken Ofori-Atta to serve as the caretaker Minister of Trade and Industry until a substantive minister is appointed for the ministry.

  • Otumfuo Opoku Ware II’s granddaughter’s wedding causes massive stir on the internet

    Otumfuo Opoku Ware II’s granddaughter’s wedding causes massive stir on the internet

    Emily Owusu-Nyantekyi, the granddaughter of the late Otumfuo Opoku Ware II, has tied the knot with her fiancé, Mr. Kwadwo Amponsah, in a plush ceremony held in Accra.

    Although simple, the plush ceremony took social media by storm.

    In a couple of videos that made rounds on the internet, the event exuded class, style, opulence, and royalty.

    It was witnessed by the crème de la crème, including president Nana Addo Dankwa Akufo-Addo and his wife Rebecca, The first lady of the Ashanti kingdom, Otumfuo-Yere Julia Osei Tutu, Diplomats, Royals, and so on.

    Not forgetting the long convoy of plush vehicles including Bentley, Mercedes Benz G-Wagon, Lexus SUVs, convertible Mercedes Benz salon cars, and many others that were spotted at the event grounds.

    Another interesting aspect was the long bridal train which consisted of over twelve bridesmaids and twelve grooms’ men.

    The wedding was said to have started off with a church service at the magnificent Holy Spirit Cathedral in Accra and to a high-octave reception at the plush Kempinski Hotel.

    The Adlon ballroom of the hotel, where the reception was held, witnessed a huge transformation from an extravagant décor that turned heads on social media.

    It can be recalled that weeks before the white wedding, a colourful traditional engagement ceremony took place in Kumasi, Ashanti Region.

    Background of the royal family

    The bride is said to be a lawyer and an economist; however, little is known of the groom.

    The mother of the bride, Dr. Leslie Oheneba Akyaa Opoku Ware, is the daughter of the late Nana Opoku Ware II, the 15th King of the Ashanti Kingdom.

    She is a medical doctor and currently Ghana’s Ambassador Plenipotentiary to Russia.

  • In the coming days, I shall address Ghanaians – outgoing trade minister

    In the coming days, I shall address Ghanaians – outgoing trade minister

    After resigned from his job as Trade and Industry Minister under the Nana Addo Dankwa Akufo-Addo administration, Alan Kyerematen has spoken out.

    Alan Kyerematen’s resignation was accepted by President Akufo-Addo on January 6, 2023, according to reports that he submitted it on January 5, 2023, after personally notifying the president of his intention to quit.

    The outgoing trade minister thanked the president for the opportunity to serve and for gracefully accepting his acceptance of my resignation as Cabinet Minister responsible for Trade and Industry, effective January 16, 2023, in a tweet posted on January 7, 2023.

    “I sincerely appreciate the support from my family, colleagues, my party the NPP, the international community, and the general public during my tenure as a Minister.”

    He further added that he will be addressing Ghanaians in the coming days following his resignation as Trade Minister.

    Although there are no clear reasons for Alan Kyerematen’s resignation, it is believed that he did so on the basis of contesting in the flagbearership race of the New Patriotic Party (NPP) ahead of the 2024 general elections.

    Meanwhile, President Akufo-Addo has directed Finance Minister, Ken Ofori-Atta to serve as the caretaker Minister of Trade and Industry until a substantive minister is appointed for the ministry.

    President Akufo-Addo thanked Alan Kyerematen for his services to government, and the country and wished him the very best in his future endeavors.

  • Since 1957, we have created more jobs than any other administration – Dr. Bawumia

    The government of Nana Addo Dankwa Akufo-Addo has an unrivaled track record in terms of public infrastructure in Ghana’s history, according to vice president Mahamudu Bawumia.

    He claims that the administration in which he served as vice president over the past six years had built more highways, airports, and interchanges than earlier administrations.

    On December 29, 2022, the Second Gentleman was giving a speech during a ceremony of thanksgiving that the ruling New Patriotic Party (NPP) had arranged in Accra.

    “We have built more roads…, there is no government that has built more roads than the government of Nana Addo Dankwa Akufo-Addo.

    “We have built more factories than any other government since independence. We have built more airports than any other government,” he told teeming supporters clad in white and the party’s colours.

    In the case of interchanges, he ranked the NPP the most prolific in terms of the Fourth Republic: “We have built more interchanges than any other government in the 4th Republic.”

    Bawumia was accompanied by his wife Samira to the service that took place at the party headquarters at Asylum Down in Accra. It was organised by the National Executive Committee.

    Special prayers were said for the party’s upcoming activities especially as relates to election of a presidential candidate for the 2024 polls and parliamentary candidates across the 275 constituencies.

    On his part, General Secretary of the NPP, Justin Kodua Frimpong assured that the NPP will succeed in its planned activities and sought the face of God in their programmes for 2023.

    “No harm will befall us [NPP] in the coming year [2023], as we prepare to elect our presidential candidate as well as parliamentary candidates.

    “We pray to God to see us through the incoming primaries. God is our only hope, we pray to him to protect us and make our primaries a successful one devoid of any untoward issues. We are praying and pleading to God to shower his blessings on NPP,” he prayed.

  • We have constructed more roads, factories, airports than any government since 1957 – Bawumia

    Vice President Mahamudu Bawumia has declared that the government of Nana Addo Dankwa Akufo-Addo has an unmatched record in terms of public infrastructure in the history of Ghana.

    According to him, in the last six years, the government he has served as Vice President in has undertaken among others, more roads, airports and interchanges than previous governments.

    The Second Gentleman was speaking at a thanksgiving service organised by the governing New Patriotic Party (NPP) in Accra on Thursday, December 29, 2022.

    “We have built more roads…, there is no government that has built more roads than the government of Nana Addo Dankwa Akufo-Addo.

    “We have built more factories than any other government since independence. We have built more airports than any other government,” he told teeming supporters clad in white and the party’s colours.

    In the case of interchanges, he ranked the NPP the most prolific in terms of the Fourth Republic: “We have built more interchanges than any other government in the 4th Republic.”

    Bawumia was accompanied by his wife Samira to the service that took place at the party headquarters at Asylum Down in Accra. It was organised by the National Executive Committee.

    Special prayers were said for the party’s upcoming activities especially as relates to election of a presidential candidate for the 2024 polls and parliamentary candidates across the 275 constituencies.

    On his part, General Secretary of the NPP, Justin Kodua Frimpong assured that the NPP will succeed in its planned activities and sought the face of God in their programmes for 2023.

    “No harm will befall us [NPP] in the coming year [2023], as we prepare to elect our presidential candidate as well as parliamentary candidates.

    “We pray to God to see us through the incoming primaries. God is our only hope, we pray to him to protect us and make our primaries a successful one devoid of any untoward issues. We are praying and pleading to God to shower his blessings on NPP,” he prayed.

  • Parliament failed Ghanaians in 2022 – Minority leader

    The leader of the minority caucus of Parliament, Haruna Iddrisu, has said that the House failed Ghanaians in 2022.

    He explained that the house failed Ghanaians because it did not check the unbridled borrowing of the Nana Addo Dankwa Akufo-Addo government.

    Haruna Iddrisu, who said this in a TV3 interview monitored by GhanaWeb, added that the huge debt accumulated by the government is the cause of the economic challenges in the country now.

    “Where the country is today, you will hear everybody talking about unsustainable debt. It means we overborrowed. We borrowed excessively.

    Parliament, under Article 181 of the Constitution, exercises that mandate (to check the executive) for and on behalf of the people of Ghana. So, it simply means that Parliament has failed the people of Ghana. We didn’t hold the executive to check to say that don’t borrow any longer or borrow at this limit.

    “We all know that when debt exceeds 70 percent of GDP you are debt distressed. So now Ghana is a debt-distressed high-risk country,” he said.

    Haruna Iddrisu, the Member of Parliament for Tamale South, however, indicated that the minority caucus cannot be blamed for failing to hold the executive in check.

    “There are those who have been very critical of the minority including me, saying that why did we pass the budget. It was because we don’t want the country to come to a standstill. A budget means a lot not just for government or the New Patriotic Party (NPP) but for citizens,” he added.

  • Ghana Responsible Gold Mining Summit: Manhyia Palace to host in April 2023

    The Summit is scheduled to take place at the Manhyia Palace in Kumasi, in the Ashanti Region, on Tuesday, April 7, and Wednesday, April 8, 2023.

    His Majesty Otumfuo Osei Tutu II, the Asantehene, is making efforts to guarantee that gold purchased from Ghana is mined and traded ethically.

    To ensure that gold obtained from Ghana’s small-scale mining sector is responsibly mined and traded in accordance with international standards and best practises, Otumfuo Osei Tutu II has committed to establishing the “Ghana Responsible Gold Mining Summit.”

    His Majesty has demonstrated immense commitment to the eradication of illegal mining and promoting responsible mining, and at the Summit, he will work with stakeholders to ensure that interventions to halt environmental degradation are coordinated and fully supported.

    The Summit is scheduled to take place on Tuesday 7 and Wednesday 8 April, 2023 at the Manhyia Palace, Kumasi in the Ashanti Region, to precede the 24th Coronation Anniversary of Otumfuo Osei Tutu II.

    The Summit will be led by the Africa Responsible Mining in collaboration with E ON 3 Group and Ansong Askew Ltd. The event is supported by the Ministry of Lands and Natural Resources and its agencies, as well as the Organisation for Economic Co-operation and Development (OECD).

    Other stakeholders, including international market makers, will also provide some collaboration.

    Outputs

    Outputs from the Ghana Responsible Gold Mining Summit will focus on aligning Ghana’s small-scale mining sector with the expectations of international markets.

    This will include measures to increase transparency and accountability in the sector in line with international standards of responsible sourcing.

    Otumfuo’s commitment

    Otumfuo Osei Tutu II will work with the government of Ghana, traditional leaders, political leaders, and international stakeholders to ensure that gold sourced from the country is responsibly mined and traded.

    His Majesty is committed to building confidence in the international community about transparency and accountability in Ghana’s small-scale mining sector.

    The Asantehene’s quest for environmental protection and his abhorrence of illegal mining has been phenomenal. At various fora, he had minced no words about the need for Ghana to turn to responsible mining.

    At a Regional Consultative Dialogue on Small Scale Mining, in Kumasi in May 2021, Otumfuo Osei Tutu II threatened to sanction chiefs within his jurisdiction who engage or assist in illegal mining activities.

    Also addressing the Ashanti Regional House of Chiefs in Kumasi on October 14, 2022, Otumfuo Osei Tutu II, called out his sub-chiefs for not taking up the fight against illegal mining but rather, accepting monies from illegal miners thereby, making it difficult for their part to make any meaningful contribution to the fight against illegal mining.

    Again, in October 2022, when the US Ambassador to Ghana, Virginia Palmer, called on His Majesty at the Manhyia Palace, he touched on President Nana Addo Dankwa Akufo-Addo’s promise of putting his presidency on the line during the height of the war against the illegal mining menace and wondered why the President had even put his presidency on the line, and yet illegal mining was going on.

    And at the last meeting of the Ashanti Regional House of Chiefs for the year 2022, held in Kumasi on December 14, His Majesty re-emphasized his quest to root out illegal mining from his domain, and went head to state that, his office will from next year (2023), summon chiefs whose lands have been destroyed by illegal mining, for questioning.

    He warned that any chief who is unable to provide valid reasons would be sanctioned so that they will learn a lesson and protect their lands from illegal mining.

    Source: Asaaseradio.com 

     

     

  • ‘Akufo-Addo and Bawumia hold Ghana’s worst economic record in 40 years’ – Ofosu Kwakye

    The Nana Addo-led administration was characterized as the poorest performance in the nation’s history for the previous forty years by a former deputy minister of information, Felix Ofosu Kwakye.

    He said that after Moody’s lowered the nation’s creditworthiness.
    The ratings agency also stated that it is particularly concerning because the nation’s Gross Domestic Product is anticipated to reach 80%.

    Read the entire article
    originally posted by mynewsgh on January 19, 2021

    According to Felix Ofosu Kwakye, a former deputy minister of information under the John Dramani Mahama administration, the Nana Addo Dankwa Akufo-Addo and Dr. Mahamudu Bawumia administration has produced the worst economic results in the previous 40 years.

    Moody’s has said that Ghana’s debt levels under the current administration are worrying. They’ve predicted that that country’s economy could come under pressure from the rising debt.

    According to Moody’s, the country’s Gross Domestic Product is expected to hit 80% which is extremely worrying.

    But reacting to this, Felix Ofosu Kwakye, a Minister under John Dramani Mahama’s administration, noted that the current administration is empty and has made the worst economic choices in Ghana’s history.

    To him, the Nana Addo Dankwa, Dr. Mahamudu Bawumia administration has taken Ghana beyond HIPC. He said debt is swallowing the country due to poor economic decisions taken by the current administration.

    “The Akufo-Addo /Bawumia government has delivered the worst economic performance in forty years. When they took over, our debt to GDP ratio was under 56%, now it is nearing a staggering 80% which is way beyond HIPC levels,” he stated.

  • Are we still a non-aligned nation? – Dafeamekpor reacts to Akufo-Addo’s comments against Russia

    The Member of Parliament for South Dayi, Rockson-Nelson Dafeamekpor, has reacted to comments against the Russian Federation by  President Nana Addo Dankwa Akufo-Addo.

    President Nana Addo Dankwa Akufo-Addo, at a meeting in Washington, on Thursday, December 15, 2022, stated that Ghana’s security apparatus has noticed the activities of Russian mercenaries along its borders in the northern parts of the country, who have been contracted by the Burkinabe government.

    Addressing officials of the US government, including Secretary of State Anthony Blinken, Akufo-Addo said that the Burkinabe government had contracted these mercenaries to help them fight Islamic militants in their country and is paying them with a mining concession.

    Akufo-Addo also stated that Ghana was against Russia’s occupation of Ukraine and the use of African countries as training grounds for foreign powers, particularly Russia.

    “Apart from not accepting the idea of great powers once again making Africa their theatre of operation, we have a particular position that you know about over the Ukraine war, where we have been very, very vocal and up front about condemning the invasion of Ukraine by Russia,” he said.

    Reacting to this in a tweet shared on Friday, December 16, 2022, the MP said that Akufo-Addo’s comments against Russia hurts Ghana’s status as a member of the Non-Aligned Movement (NAM) – nations that do not align with or are against any of the world powers.

    He added that Akufo-Addo revealing a security briefing he had received in public is also not the best.

    “As an MP & a Citizen, I’m terribly worried about the laissez-faire manner the Prez revealed what appears to be contents of classified security briefings on Burkina Faso to a foreign power in this video.

    “More worried about how Russia will react. Are we still a Non-Aligned Nation?” parts of the MP’s tweet read.

    See the MP’s tweet, plus a video of Akufo-Addo’s statement below:

    Akufo-Addo ‘cries’ to US over presence of Russian mercenaries on Ghana’s borders

    Akufo-Addo ‘cries’ to US over presence of Russian mercenaries on Ghana’s borders

    Source: Ghanaweb

  • Dr. Kwaku Oteng escorts daughter to face parliament

    Francisca Oteng Mensah, daughter of Dr. Kwaku Oteng, faced the Appointments Committee of Parliament, on Thursday, December 15, 2022, to be vetted for the Deputy Minister of Gender, Children, and Social Protection position.

    The Kwabere East MP is part of the two nominees elected by president Nana Addo Dankwa Akufo-Addo after he revoked the appointment of Sarah Adwoa Safo, who has been absent from work for an extended period.

    Francisca Oteng’s father, who doubles as the Angel Group of Companies founder, was clad in all-white apparel and seated right behind her daughter during the hearing.

    He led the delegation of a team who thronged the venue to support his daughter, who currently stands as the youngest serving MP in the Eight Parliament of the Fourth Republic.

    President Akufo-Addo also nominated the Deputy Minister for Gender, Children and Social Protection, and MP for Walewale, Lariba Zuweira Abudu as Minister-designate for Gender, Children and Social Protection following Adwoa Safo’s exit.

  • Government launches Ghana CARES Economic Enclave Project to reduce staple food importation

    The Economic Enclave Project (EEP), a Ghana CARES initiative, was officially launched at Noyaa Akutso in Kasunya-Nyaphienya, in the Greater Accra Region, by Nana Addo Dankwa Akufo-Addo, the president of the Republic of Ghana.

    A 10,000-acre mixed-use economic area known as the Economic Enclave Project is part of the Ghana CARES program and aims to develop a workable ecosystem for the private sector to engage in commercial farming.
    In terms of rice, tomato, maize, soy, vegetables, and poultry, the goal is to greatly increase Ghana’s production capacity.

    The EEP complements existing Government agriculture initiatives (e.g. Planting for Food and Jobs and Rearing for Food and Jobs) as a targeted effort to assist the private sector to engage in commercial agriculture.

    About 200,000 jobs (105,000 direct and 95,000 indirect jobs) are expected to be created by the EPP for unemployed youth, which would also provide them with a decent source of income, with beneficiaries undergoing mandatory training on good agronomic practices in rice production, group dynamics, and entrepreneurship.

    Speaking on behave of the President, the Chief of Staff of Ghana, Akosua Frema Osei-Opare noted that, over the last few years, the Government had been charting a path to a Ghana Beyond Aid, but several overlapping malevolent forces, including the outbreak of COVID-19 pandemic, had viciously interrupted the pursuit of economic transformation.

    “It would be unwise to continue to put pressure on the Cedi by importing vast amounts of food items that we can produce locally. It would be unwise to continue to depend on others for our food and other essentials when supply chains have proven unreliable, and rising nationalism can be easily instigated.”

    “In fact, it would be unwise to keep supporting employment elsewhere by importing more when our youth continue to actively look for jobs here. It would be unwise not to allow the private enterprise to lead the transformation of our economy.” the President added.

    The First Gentleman of the land indicated that the project would help reduce imports, improve Ghana’s food security, promote value-addition and accelerate infrastructural development and enhance market linkages in food growing areas.

    Finance Minister, Ken Ofori-Atta, in his speech, described the programme as a watershed moment in economic history and added that the EPP through the Ghana CARES programme would provide a catalytic framework to holistically address the structural challenges in the economy by shifting Ghana from import-driven to a self-sufficient and export-oriented economy.

    To this end, the Finance Minister extended Government’s invitation to individuals, private sector actors, organized groups, churches, traditional leaders, and financial institutions who could secure or own 1000 acres and above, to come on board.

    “We will provide support such as land development and facilitate access to credit, including the recently approved GH¢500 million from the Development Bank Ghana” he assured.

    The Minister added that “This is a real and collective effort to replicate the images of the mass land of cultivated fields we see while flying over other countries that are characterized as the “food baskets” of the world.”

    He revealed that the project would also help the country to improve its food security and enable it to eventually optimize the single market opportunities that the African Continental Free Trade Area (AfCFTA) offered.

    The Minister for Defence, Mr. Dominic Nitiwul, on his part, said, when the Economic Enclave Project was sustained and extended to other parts of the country, Ghana would not only be in the capacity to produce more but be self-sufficient and even export its produce.

    Numo Moses Otutetey Akpakposu, the Father of the Kusanya Stool Land, lamented that farmers in Tsopoli and its surrounding communities often suffered a lot of post-harvest losses because they did not have access to mechanized processing and other facilities.

    He was, however, optimistic that these challenges would be a thing of the past with the implementation of the EEP and called on all stakeholders to give it the needed support to improve the lives of farmers, traders, and all actors in the agriculture value chain to earn more income.

    The implementation of the EEP is led by Key Millennium Development Authority together with these key partners; Ministry of Food and Agriculture; Ministry of Defence (48 Engineers Regiment – Ghana Armed Forces); Ministry of Energy; Ministry of Roads and Highways; Ministry of Lands and Natural Resources and the Ghana Irrigation Development Authority.

    The rest are National Entrepreneurship and Innovation Programme; Ghana Incentive-based Risk-Sharing System for Agricultural Lending; Private Agriculture Value Chain Actors; MasterCard Foundation; and the Youth.
    The project is expected to be extended to the Greater Accra, Ashanti, Central, Western North, Savannah, and Oti regions.

  • Ofori-Atta Must Go: I’m not aware of any meetings with Akufo-Addo – NPP MP

    A meeting between President Nana Addo Dankwa Akufo-Addo and members of the Majority Caucus has been rejected by Central Member of Parliament Kwame Anyimadu-Antwi in response to demands for the resignation of Minister of Finance Ken Ofori-Atta.

     

    Despite claims to the contrary made by the majority leader Osei Kyei-Mensah-Bonsu, the call that started with about 60 MPs and eventually grew to 89 MPs was not the position taken by the Majority Caucus.

     

    When MPs opted to allow Ofori-Atta to continue in his position temporarily on two conditions, Anyimadu Antwi claimed to Joy FM in Accra on December 11 that he was unaware of a widely reported discussion at the president.

    “I am not aware that we have met the president on this. Apart from not being part of that meeting, I am not aware of any meeting,” he said.

    Calls from within the governing New Patriotic Party (NPP) for Ofori-Atta‘s dismissal over the economic downturn has been increasing over the last few months especially after Ghana went to the International Monetary Fund (IMF) to seek a bailout.

    Amid threats by the ‘Ken Must Go’ MPs to boycott government business led by the embattled minister, the presidency convened a meeting where concessions were made.

    Among others that Ofori-Atta should present the 2023 budget and see through the Appropriation Bill and to also conclude ongoing round of talks with the IMF with government eyeing a staff-level agreement for a programme by end of the year.

    After the ‘rebel’ MPs reignited their call for the minister’s dismissal, the NPP national leaders also held a meeting with the Caucus where it was agreed that they will stick to the agreement reached with the president.

  • Expedite action on land digitalization process – Akufo-Addo

    The Lands Commission has been ordered by President Nana Addo Dankwa Akufo-Addo to move quickly on the digitization of the land purchase process.

    On December 7, 2022, President Akufo-Addo said during his speech to the first National Land Conference, which was hosted by the Ministry of Lands and Natural Resources, that it is unacceptable in this technologically advanced period for many sectors of the economy to still run entirely manually.

    We are unable to provide effective land administration if land documents must be manually processed.
    Therefore, it is imperative that we move quickly to complete the digitalization of the Commission.
    It is my expectation that this would be a top priority on your agenda when you engage in technical conversations,” he said.

    Reiterating the significance of land to the socio-economic development of the country, the President noted that a rapidly growing population, coupled with competing uses of land, continues to put immense pressure on our land resources.

    According to the President, it is for this reason that, “during the first term of my presidency, we prioritized the passage of the Land Bill, which had been in the draft stage for some twenty (20) years.”

    The Land Act, 2020 (Act 1036), which he assented to on 23rd December 2020, the President explained, “revises, harmonizes and consolidates laws on land to ensure sustainable land administration and management, as well as effective and efficient land tenure systems.”

    Successive Governments have sought, through numerous initiatives, to improve Ghana’s land administration regime. The most significant intervention has been the Land Administration Project (LAP), Phases 1 and 2, which sought to lay the foundation and consolidate urban and rural land administration and management systems for efficient and transparent land service delivery.

    These interventions have yielded some results, such as the reform of the Lands Commission through the enactment of the Lands Commission Act, 2008 (Act 767), the establishment of five (5) Client Service Access Units (CSAUs) at the Lands Commission to enhance service delivery, the establishment of Customary Land Secretariats, reforms in the Judiciary through the establishment of specialized land courts and the automation of some courts, the enactment of the Land Use and Spatial Planning Act, 2016 (Act 925), the introduction of a new three-tier Spatial Planning Model, and the development of a National Spatial Development Framework and two (2) Regional Spatial Development Frameworks.

    “But laws, in themselves, do not resolve problems. It is their application and effective implementation that yield the requisite results. That is why this conference, which brings together diverse people from different sectors to deliberate on the nexus between land and socio-economic development, is so crucial,” he emphasized.

    The President continued, “Fortunately, the Land Act, 2020 (Act 1036), provides a strong foundation for fashioning out a workable and efficient land administration. The Act has far-reaching provisions which, if implemented, will go a long way to build the effective land administration we desire.”

    Key amongst them, he said, is the establishment of Customary Land Secretariats to see to the management of stool, skin, family, and clan lands, restrictions on large-scale disposal of family and clans lands without the concurrence of the Regional Lands Commission, the power of the Regional Commission to survey and demarcate land, the provision for electronic conveyancing, the detailed provisions for the compulsory acquisition of land including the payment of compensation, the management and use of public lands, and the provisions for divesting of vested lands.

    The Act “also addresses the challenges associated with boundary demarcation, and clarifies rights and interests in land, and persons with capacity to alienate land. It provides stringent jail terms for various offenses related to lands, such as land guardism, falsification of records, and fraudulent transactions in land administration”.

    President Akufo-Addo expressed his satisfaction with the Ministry of Lands and Natural Resources and the Lands Commission who are leading the sensitization and education of this important piece of legislation.

  • President Akufo-Addo commissions container terminals, dry dock at Takoradi harbour

    Thursday, December 8, 2022 saw the commissioning of the Atlantic Terminal Services Multipurpose Container Terminal, the Prime Meridian Dock Company’s Floating Dry-dock, and a brand-new, cutting-edge Dry Bulk Terminal at Takoradi Harbour in the Western region by President of the Republic Nana Addo Dankwa Akufo-Addo.

    The President also turned the first sod on the $98 million modern oil and gas services terminal, which will be built “as part of the strategic development of the Port of Takoradi to service the emerging Petroleum Hub and accommodate oil and gas service providers, fabrication companies, exploration companies, and their suppliers for supply base activities.”

    The Floating Dry-Dock and Ship Maintenance facility, which is being introduced in partnership with a wholly-owned Ghanaian company, Prime Meridian Dock Limited (PMD), according to him, “is estimated at US$137 million, is being financed by Prime Meridian Docks Limited. This initiative is meant to carry out maintenance works on vessels which, otherwise, would have had to call at Las Palmas, Carina, and other ship repair facilities in other countries for maintenance works.”

    These projects, the President pointed out, “will enhance cargo handling capacity, maintenance, and repairs of ships, and also meet the demands of the rigours of the oil and gas service sector within the Takoradi Port enclave.”

    Completed at a total cost of US$85.0 million, the Dry Bulk Terminal, the President said, “has been equipped with modern ship loaders and eco-hoppers for the safety of both workers and members of the Port community.”

    The new ATS Container Terminal facility, which is part of the multi-Purpose Terminal, he continued, “will take care of both export and import containers and conventional cargoes. Operationalization of this facility is expected to begin in February 2023.

    To this end, the President noted that Concessionaire, another wholly owned Ghanaian entity, which has already spent US$147 million on constructing the facility, will spend the next three (3) months equipping the facility for it to become operational.

    Reiterating the importance of the private sector to national Development President Akufo-Addo stated commended the Ghana Ports and Harbours Authority for its partnership with the private sector for the rolling out of these projects.

    “The Ghanaian people and I are hopeful that the Oil Service Terminal and the Floating Dry-Dock Projects, for which I am cutting the sod, will be completed on schedule to avoid cost overruns”, he added

    Value-Addition Activities

    President Akufo-Addo told the gathering that his government has never been a believer of the notion that the Port of Tema is only a preserve of cargo imported into the country, with the Takoradi seen as an export-oriented Port.

    “To demonstrate this perspective, Government has worked hard to modernise the Takoradi Port, and diversify its reliance on export of raw materials like manganese and bauxite, which has never yielded high value returns to the country”, he said.

    He continued, “as part of strategies to promote value-added products and sustainable mining, Government has put a 5-million-ton limit on the quantity of manganese to be mined for export. We also intend placing an annual volume limit on the export of raw bauxite, as part of the Integrated Aluminum Development Project.

    Indeed, the Dry Bulk Terminal, commissioned by the President, has been equipped with an efficient cargo handling system to facilitate accurate measurement of the various export volumes for manganese and bauxite to check compliance.

  • The Government is forcing all its Sacrifices upon Ghanaians – John Mahama

    Former president John Dramani Mahama claims that despite severe economic hardships, the government led by Nana Addo Dankwa Akufo-Addo is unwilling to make compromises. He claims that all sacrifices made in response to Ghana’s current economic difficulties are being placed on the shoulders of the populace.

    John Mahama criticized President Akufo Addo in a speech at the 13th Congregation of the Accra Business School for not reducing the size of the government in order to save operating costs.

    Though government has announced some austerity measures including cut back in salaries of appointees by 30%, limited use of V8 vehicles and cut back on fuel coupons, cut back on FX support for the importation of some items amongst other measures, the 2020 National Democratic Congress flagbearer noted that such measures are insignificant in addressing the challenges facing the economy.

    “Expenditure has increased significantly by almost 80 billion cedis. There is no significant expenditure cut that mirror the gravity of the situation we have found ourselves in. It appears that we are set to live with the excessively bloated government especially in the Presidency.

    “One would have thought that the size of government will be reduced to cut down expenditure. This administration is not willing to make any sacrifices, all the sacrifices are to be borne by the Ghanaian people,” he said.

    He stated further that the 2023 budget is riddled with more frivolous expenditure that could have been avoided to save resources for more productive adventures.

    Parliament on November 24 approved the 2023 budget despite opposition from the minority group.

    The budget contains a debt exchange programme and increased VAT which have been described by Mr Mahama as sacrifices being slapped on the citizenry.

     

  • Why Bawumia was absent at presentation of 2023 budget – Kyei-Mensah-Bonsu explains

    Osei Kyei-Mensah-Bonsu, minister of parliamentary affairs, has provided an explanation for Vice President Mahamudu Bawumia‘s absence from the budget presentation for 2023.

    Every time the government budget and economic strategy are presented to Parliament, Bawumia always goes with the minister of finance.

    Without Bawumia present, Ken Ofori-Atta presented the budget for this year on November 24.
    Some NDC (National Democratic Congress) members began to speculate that Bawumia didn’t want to be identified with the document as a result of his absence.

    Kyei-Mensah-Bonsu explaining the absence on December 6, 2022 during his final address on the budget debate explained that by law, the president causes to be prepared and laid before parliament the budget with a month to end of year.

    “The president causes the budget to be prepared, he doesn’t do the preparation himself and again, the president causes it to be laid in the House, he doesn’t do it himself,” he submitted.

    On Bawumia’s absence, he explained that the Vice President was as at November 24 acting as the president because Nana Addo Dankwa Akufo-Addo was outside of the country and had duly transferred presidential powers.

    “Mr. Speaker, in the lead up to the presentation, the president was outside this country, the vice president had assumed the office of the president as the acting president and he couldn’t therefore have accompanied the Finance Minister to this chamber.”

    He then took a swipe at the Minority stating: “Mr. Speaker, this really is fundamental and I thought our colleagues will appreciate this. But as usual, they wouldn’t understand and they would inflict their own ignorance on Ghanaians.”

    After his address, the budget dubbed ‘Nkabom budget’ was passed by a voice vote whiles MPs continue to debate the nitty gritty as related to estimates for the various Ministries, Departments and Agencies.

    Appropriation is expected to be passed before the end of year as that would help government’s efforts at securing an International Monetary Fund support programme. The IMF conditionality has led to an increasingly unpopular domestic debt restructuring programme.

  • We asked govt for roads, water, hospitals but got a cathedral – Lydia Forson

    Actress Lydia Forson has reiterated that the government led by president Nana Addo Dankwa Akufo-Addo has let down the good people of Ghana.

    Lydia, an ardent critic of the New Patriotic Party government, has once again provided reasons why the huge fortunes being pumped into the building of the National Cathedral should be channeled into the construction of basic social amenities for citizens.

    According to the award-winning actress who continues to face stiff opposition for her clap backs at the government, there are more pressing needs like the provision of water, electricity, and roads instead of a Cathedral.

    “When you think about it, Ghanaians are not asking for much oh. Good roads, stable electricity, water, hospitals and just the basics for human survival. Instead we’re getting a cathedral, expensive restaurants and real estate and everything else the average Ghanaian can’t afford,” Lydia tweeted.

    Ghana’s Finance Minister, Ken Ofori-Atta, during the 2023 Budget reading in Parliament announced that the government had earmarked GH₵80,000,000 for the construction of the infamous cathedral.

    This brings the total amount dedicated to the project to GH₵420,000,000.

  • Censure motion against Ofori-Atta has already failed – Afenyo-Markin

    The Deputy Majority Leader, Alexander Afenyo-Markin, has described the censure motion against the Finance Minister, Ken Ofori-Atta, as a failed attempt by the Minority caucus in Parliament.

    According to Mr. Afenyo-Markin, the Majority will not in any way support any political motion for the removal of Mr. Ofori-Atta.

    He said the Majority will be exempted from any secret ballot against the Finance Minister, warning the Minority caucus not to tickle themselves of getting the numbers to secure a win.

    The National Democratic Congress (NDC) Member of Parliament (MP) for Tamale South in the Northern Region, Haruna Iddrisu said, “if those courageous 98 gallant NPP MPs or Majority MPs cooperate, we will be very successful in getting a new Finance Minister for Ghana and exiting Ken Ofori-Atta”

    But responding to Mr. Iddrisu on the floor of Parliament, the Deputy Majority Leader, said, “the motion has already failed and who told you that you are going to get any support from this side? We have told you that it is a political motion, and we will not support you, as we made it clear.  Mr. Speaker, the Minority should not be under any impression that in any so-called secret ballot you are going to have somebody to support you as you do not have the numbers”.

    The Minority caucus in Parliament brought a censure of motion against the Finance Minister, accusing him of conflict of interest, gross mismanagement of the economy amongst others.

    Some New Patriotic Party (NPP) members of Parliament who are also calling for the removal of the Finance Minister have called on the President, Nana Addo Dankwa Akufo-Addo, to respect the roadmap agreed upon.

    There was an agreement for the NPP MPs not to boycott the 2023 budget presentation, and that the necessary thing will be done after its read.

     

  • ‘No World Cup victory’ – Akufo-Addo’s 2014 tweet resurfaces after Black Stars exit

    In the era of tweets being coughed up under the mantra of ‘The internet doesn’t forget,’ politicians are often the subject of social media posts that literally slap them in the face.

    President Nana Addo Dankwa Akufo-Addo is facing one such social media post in the wake of the Black Stars exit from the 2022 World Cup in Qatar.

    The Otto Addo-led team fell 2 – 0 to Uruguay in a must-win fixture on December 2, 2022; which result meant the two teams exited the tournament with Portugal and South Korea advancing.

    A 2014 tweet by the president has resurfaced as people mock its content relative to recent happenings in the country.

    It reads: “No water, no electricity, no petrol, no jobs, no mercy, no World Cup cictory! #Ghana”

    The president had urged the team to take revenge on the Uruguayans after a 2010 incident where Luis Suarez, their captain in yesterday’s game thwarted Ghana’s prospect of making history by becoming the first African side to qualify for the semi-finals of the World Cup.

    Akufo-Addo has yet to comment on the outcome of the match.

    In 2014 when his tweet was made, the then Asamoah Gyan-led Black Stars made a disastrous outing in Brazil when they failed to win a single match yet ‘cooked’ a global spectacle that saw dollars being flown to pay their appearance fees for fears of a boycott.

    Ghana ended bottom of Group H with Portugal topping whiles South Korea finsihed second ahead of Uruguay on goal difference – both teams finished with four points apiece.

    The Black Stars recorded three points from three games – losing to Portugal and Uruguay and beating South Korea. They scored five goals and conceded seven.

    Coach Otto Addo has resigned his position in the post-match press conference.

    Match Report: Uruguay vs. Ghana

    The Black Stars of Ghana had one task going into their final Group H fixture at the 2022 World Cup.

    Win at all costs, worse case draw against Uruguay and secure passage into the Round-of-16 stage of the competition.

    The match was, however, settled with three major incidents in the first half. A penalty miss by Black Stars skipper Andre Dede Ayew, when the score was goalless.

    Then Giorgian de Arrascaeta’s two goals for Uruguay which came in quick sucession, consigned the Black Stars to a second World Cup defeat against the South Americans who broke hearts of Africans in 2010.

    Their 2 – 0 victory over the Black Stars was, however, not enough to get them through to the next round of the tournament as South Korea beat Portugal 2-1.

    With Uruguay in dire need of a third goal to progress to the next round of the World Cup, Suarez was reduced to tears as efforts to score another goal proved futile.

    Portugal and South Korea advanced from Group H as Uruguay and Ghana exited the tournament after finished 3rd and 4th respectively.