Monthly Archives: March 2015

African countries asked to renegotiate contracts

An international diplomacy expert, Mr Alexander Kwame Archine, has urged Ghana and other African countries to renegotiate unfavourable contracts that they have signed with foreign investors. Delivering the maiden lecture of the Institute of Diplomatic Practice and Development (1-2DP) in Accra last Tuesday, Mr Archine said such contracts did not offer any significant benefits to the countries because those who ...

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IMF trusts gov’t data – Omane Boamah declares

The government has called on Ghanaians to disregard Dr Mahamudu Bawumia’s assertion that the International Monetary Fund’s (IMF’s) programme, Ghana is about to enter into is a potential disaster for the nation. According to the Minister of Communications, Dr Edward Omane Boamah, the IMF had superior analytical tools than Dr Bawumia, and would, therefore, not sacrifice its credibility because of ...

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Group petitions Parliament to invite Minority Leader

Inside Ghana, a pressure group, on Tuesday petitioned Parliament to compel the Minority Leader, to substantiate his alleged statement of government appointees siphoning state funds to build filling stations and hotels. Mr Spencer Quaye, Convenor of the Pressure Group, said Mr Osei Kyei- Mensah-Bonsu, the Minority Leader, on March 9, read a statement at a press conference, and alleged that ...

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Parliament displeased with EC

Parliament on Tuesday expressed displeasure with the Electoral Commission (EC), for the suspended local level elections which should have taken place on March 3. Contributions from both the Majority and Minority sides of the House minced no words in condemning the huge loss of over GH¢300 million to the nation, as a result of the botched elections. The EC has ...

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Innovative ideas needed to support businesses – UT boss

The Chief Executive Officer of UT Holdings, Mr Prince Kofi Amoabeng, has said that the nation needs to be innovative to meet the needs of entrepreneurs. Although Ghana has been blessed with good human resource, Mr Amoabeng noted that the country had not been able to develop entrepreneurs out of it due to certain negative cultures and attitudes that make ...

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Ghana going to the IMF was a mistake – Kofi Amoah

An accomplished Ghanaian entrepreneur, Dr Kofi Amoah, is not in favour of the Ghana government’s decision to resort to the International Monetary Fund (IMF) for a bailout to salvage the ailing economy. The West African nation is expecting about $940 million from the IMF over a three-year period to inject life into a careworn economy. According to the accredited African ...

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Bawumia’s picture of the economy distorted – Kwakye Ofosu

Deputy Information Minister, Felix Kwakye Ofosu has accused the Vice Presidential candidate of the opposition NPP, Dr. Mahamudu Bawumia of lying to Ghanaians with fallacious figures on Ghana’s economy. He is of a view that, the NPP guru presented a mere propaganda economic lecture to Ghanaians. At a Distinguished Speaker series lecture organised at the Central University College on Tuesday, ...

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Scratch-card to check medicine is real

Fake medicines are a major problem in parts of Africa – but a mobile phone based scheme which allows patients – and doctors – to check drugs are real is expanding fast. With the M-Pedigree scheme, the customer scratches the medication package to reveal a code which they send to a free number. They then receive a text back that ...

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Lee Kuan Yew: Huge queue to view founder lying in state

A huge queue has formed through downtown Singapore as thousands wait to pay tribute to late statesman Lee Kuan Yew lying in state in parliament. As of 15:00 local time (07:00 BST), the waiting time was eight hours. Officials are discouraging people from joining the queue but said the viewing will now be open 24 hours. Mr Lee, who died ...

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Germanwings plane crash: Recovery operation resumes

A search and recovery operation has resumed in the southern French Alps after Tuesday’s crash of a Germanwings plane with 150 people on board. Officials warn the operation could last for days in a remote mountain ravine between Digne and Barcelonnette. The leaders of Germany, France and Spain are due to visit the crash site. The Airbus A320 – flight ...

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