Author Archives: larryehu

Former BOG boss resignation to cost the state GH¢7,476 million

Details emerging from the Bank of Ghana (BoG), reveal the negotiated resignation of Dr. Abdul-Nashiru Issahaku, as Governor, three years ahead of his four-year mandate caused the taxpayer GH¢3,204 million. Insiders have told The Herald that, the Akufo-Addo government, has since effected the mouthwatering payment to the ex-Governor of the Central Bank, who was forced to leave office effective April ...

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Communications Minister pays working visit to NCA

The Minister for Communications, Mrs Ursula Owusu-Ekuful, on Monday May 8, 2017, paid a working visit to the National Communications Authority (NCA). Accompanying her were the Minister for Information, Mustapha Abdul-Hamid and Deputy Minister for Communications, Vincent Sowah Odotei. After being welcomed, the Minister, held a closed door meeting with Management of the Authority where she was briefed by the ...

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Contractors owed GH¢1.3bn – Report

Contractors engaged by government for the execution of various projects across the country are owed Ghc1.3 billion as at December 2016, the Parliamentary Select Committee on Works and Housing report has revealed. “The Ministry’s indebtedness to contractors as at 31st December, 2016 was highlighted as GH¢ 528.4million and US$174million. By converting the dollar figure at a rate of Ghc 4.50 ...

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NDC Race: I’ll run if Mahama doesn’t – Spio

A former Minister of Trade Dr. Ekow Spio-Garbrah has subtly declared his intention to run for the flagbearer race of the opposition National Democratic Congress (NDC) come election 2020. However, he said he will do so on condition that former president John Mahama refuses to contest the next general election. Mahama is coy over his decision but has been on ...

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Kotoko, MTN renew ties for three years

Asante Kotoko have announced signing a three-year contract extension with telecommunication giants MTN. The club’s head of Legal Affairs Yaw Boafo confirmed to the club’s official website, www.asantekotokosc.com on Tuesday. ”Yes, we’ve signed it and it’s for three years,” lawyer Boafo said. But details of new deal are yet to be revealed but the club ”understands that, the new sponsorship ...

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Students loan to go up by 50% …a maximum of GH¢3,000 accessible

Government, will from the beginning of the next academic year –2017/2018, increase the amount of loans that tertiary students are eligible to take for a period of two semesters, by 50 percent. Currently, students are eligible to take a loan amount of a minimum of GH¢650 to GH¢1,000, and a maximum of GH¢ 1,600 to GH¢2000, payable over two Semesters. ...

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History will judge Mahama “favourably” – Spio

A former Minister of Trade Dr. Ekow Spio-Garbrah believes former president John Mahama performed creditably and would be on the good side of history. Although Mahama lost miserably in the 2016 elections as the first sitting president under the Fourth Republic to have been defeated in an election, Dr. Spio-Garbrah believes Mahama can still walk with his head held high. ...

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CAF: Nigeria’s Pinnick takes over Hayatou’s role

President of the Nigeria Football Federation Amaju Pinnick has been appointed the President of the Organizing Committee for the Africa Cup of Nations, a position previously occupied by ex-Confederation of African Football president, Issa Hayatou. The appointment was announced on Monday at the inaugural meeting of the new CAF Executive Committee in Manama, Bahrain, where the 67th FIFA Congress begins ...

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