Author Archives: larryehu

Financial sector clean-up: ‘Speaker got it all wrong’- Financial Analyst

A financial analyst Michael Dawson has indicated that the banking sector reforms undertaken by government, have strengthened local banks and made them more resilient to shocks. Dr. Dawson was responding to a statement by the Speaker of Parliament, Alban Bagbin that the Government erred in not supporting local banks to succeed. “I think clearly, the Speaker doesn’t understand the essence ...

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GUSA Games: 27th edition to start on November 4

The 27th edition of the Ghana University Sports Association (GUSA) Games is set to begin on Friday, November 4 2022, after being postponed due to the devastating effects of COVID-19. The competition will see 14 tertiary institutions battle for honours at the Kwame Nkrumah University of Science and Technology (KNUST).

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Fennec Okyere Murder: I believe Shatta Wale and Bullgod know something – Kwaw Kese

Kwaw Kese has pleaded with Ghana police to help him get justice for his manager, the late Fennec Okyere’s, murder. He mentioned that he believes Shatta Wale and Bullgod will be instrumental in the investigations. Kwaw Kese’s plead comes from Shatta Wale’s allegations that Bullgod planned Fennec Okyere’s murder with his boys. Shatta Wale also revealed that Bullgod told him that a ...

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Pwalugu dam project facing financial challenges – Bawumia

Vice President, Dr. Mahamudu Bawumia, has admitted that the long delay in the construction of the Pwalugu Multipurpose dam project is as a result of financial constraints. Speaking at the launch of the Northern Development Authority’s five-year strategic plan in Tamale, Dr. Bawumia said government will look for funds to construct the dam. “Even though the project is facing financial ...

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Ghana’s inflation rate is 148% – Professor Hanke

A Professor of Applied Economics at Johns Hopkins University, Professor Steve H. Hanke, has pegged Ghana’s inflation rate at 148%. This is against the current inflation rate (September 2022) of 37.2%. Reacting to President Akufo-Addo’s speech about reviving the ailing economy, the American Economist who is a hard critic of the country described the President address as “dreaming”. In a ...

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Ayorkor Botchwey to chair UN Security Council Ministerial open debate

On Thursday 3rd November 2022, the Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey will chair a UN Security Council Ministerial open debate. The debate is on the topic “Integrating Effective Resilience-Building in Peace Operations for Sustainable Peace”. The objective of the meeting is to highlight the imbalance between military action and non-military interventions and to make a ...

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Police in touch with Shatta Wale over ‘Bullgod’s secret’ on Fennec Okyere’s murder

The Ghana Police Service has invited dancehall musician Shatta Wale for claiming to have information that allegedly makes Bullgod complicit in the late Fennec Okyere’s death. In a statement shared on their social media handles, the Police said that Fennec Okyere’s death is one of the cases they are still investigating, hence, the information Shatta Wale has would help their ...

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GRA schools Ghanaians on customs valuation on goods

The Ghana Revenue Authority (GRA) has explained that customs valuation primarily relies on the first (1st) out of the six (6) methods of valuation provided under the WTO valuation methods, which is the Transactional value. A statement issued by GRA, said, “Goods are benchmarked to the prevailing world prices as a risk management tool, to reflect the true market dynamics ...

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