An economist, Kwame Pianim, has called on President Akufo-Addo not to assent to the three revenue measures bill into law. He explained in an interview in JoyNews’ Newsfile on Saturday that, this is because the bill was not well-thought-out by Parliament. “President Akufo-Addo should refuse to sign these bills,” he urged. According to him, Akufo-Addo ought to send the bill back to Parliament for reconsideration. He accused the lawmakers of failing to ask the relevant questions while the bill was laid before the House. But pass all borrowing bills before the House that have led to the country’s economic disaster. “After the…
Author: herbert
Vladimir Putin could now be arrested if he sets foot in one of the ICC’s more than 120 member states Unlike the West, Russia views the happenings in Ukraine as a crisis rather than an invasion or war. Ties between Moscow and Washington have disintegrated since Putin sent troops to Ukraine last year. Putin spoke a week after Moscow detained a US reporter and charged him with espionage, sparking outrage. “Relations between Russia and the United States, from which global security and stability directly depend, are going through a deep crisis,” Putin told the new US envoy as he swore…
Former President John Mahama has urged Christian leaders in politics to incorporate characteristics of Jesus Christ into their political lives. He stated that the trappings of political power can give one the impression that they are immortal. Mr Mahama, therefore, Christian leaders must incorporate aspects of Jesus Christ into their political lives in order to successfully navigate their tenure in office. The NDC presidential hopeful said this in commemoration of the resurrection of Christ while attending the Holy Hill Assemblies of God Church at Circle. On his part, the head pastor of the church, Rev. Kwadwo Boateng Bempah cautioned Christian…
Bryan Acheampong, MP for Abetifi Elderly statesman and founding member of the ruling New Patriotic Party, Dr. Nyaho Nyaho-Tamakloe has condemned Agric Minister and MP for Abetifi, Bryan Acheampong for his claims that the ruling party will use whatever means necessary to remain in power and that it does not intend to hand over power to the National Democratic Congress (NDC). Bryan Acheampong while addressing party supporters at Mpraeso in the Eastern region after a health walk at the weekend, vowed the party will make sure it remains in government at all cost. His colleague MP for Abuakwa South, Samuel Atta…
The National Organiser of the New Patriotic Party (NPP) says the party is in support of the Abetifi MP’s comment about the current government never handing over power to the NDC. Henry Nana Boakye in an interview on JoyFM’s Super Morning Show on Monday described the statements as positive. “Yes, we [ NPP] stand by it….He was fully positive and we [NPP] endorse it,” he said. This follows the Abetifi MP Bryan Acheampong on Saturday saying the current NPP will not hand over power to the NDC. According to him, the party will use whatever means necessary to remain in…
Economist, Professor Charles Ackah, says calls for cutting down on government expenditure are misplaced. According to him, while the call may seem like a viable solution to Ghana’s ballooning debt crisis, it is not the best choice at the moment. Speaking on JoyNews’ PM Express Business Edition, he explained that what government needs to cut down on is wastage and not expenditure. He said the country loses so much money to leakages and expenditure waste, and that if the government blocks those leakages it would be able to meet some of its fiscal demands. “I know some people are calling…
The global financial sector witnessed the collapse of two major technology-focused banks – Silicon Valley Bank (SVB) and Signature Bank last week. This has plunged the world into a state of frenzy regarding the true state of the global financial system, as many express the fear that all may not be well. Although the United States (US) and the United Kingdom (UK) governments have responded swiftly to assure customers of these banks of the pragmatic measures in place to secure their funds, and the public of the resilience of the global financial sector, one cannot help but worry about the…
Police in the northern Indian state of Uttar Pradesh are on the lookout for a woman who fired a gun at her wedding. A video on social media showed the woman firing four rounds into the air while sitting next to her husband. Local police said they have registered a case against the woman, who has been missing since the incident. Celebratory gunfire during weddings is common in some northern Indian states and often causes injuries and even accidental deaths. According to Indian law, anyone who uses a firearm “in a rash or negligent manner or in celebratory gunfire”, putting…
Government through the Driver and Vehicle Licensing Authority has begun the implementation of the Digital Transport Fee on all rides as tax. Customers would be charged an amount of ¢1 as digital transport fee on all rides. The digital transport services guidelines was earlier introduced in pursuant to the Drivers and Vehicle Licensing Authority Act. According to the government, these guidelines were designed to ensure that digital transport system operators operate in compliance with the law, maintain high safety standards and provide quality service to passengers. Speaking in an interview President of the Ride Hailing Association Francis Tenge said there…
Inflation in Ghana, Uganda, and Burundi is expected to accelerate by more than 3 percentage points in 2023 from last year. This means inflation will stay above 50% this year. Inflation (December 2022) ended the year at 54.1%. According to the World Bank’s April 2023 Africa Pulse Report, though the rate of inflation is expected to have peaked for most countries in the region, it is not same for Ghana and the two other countries. It added that average annual inflation forecasts project that about 70% of the countries in the region are expected to have a lower inflation rate…
