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Fri
05
Jan
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Minority to oppose Ampaw, Addison as choices for Special Prosecutor office

Parliament may have to brace for a feisty fight as Minority National Democratic Congress (NDC) signal opposition to the names being bandied around as the choice for Special Prosecutor.

Two of the President's lawyer friends who are partners at the President's law firm have been named as the likely choice for the positions.

Philip Addison may deputize for the main man Akoto Ampaw, choices the President is considering and may announce "very soon".

The two were key in the president's legal team that challenged at the Supreme Court, the declaration of John Mahama as the winner of the 2012 presidential elections.

President John Mahama's government went on to lose the 2016 elections to Akufo-Addo who has vowed to fight corruption which is believed to have been rife under his predecessor.

Fri
05
Jan
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2nd Deputy Governor of BoG officially steps down

The Second Deputy Governor of the Bank of Ghana, Dr Johnson Asiama, has finally tendered in his resignation letter.

This should mean that he has officially vacated the position he has held at the central bank over the past year.

In December of 2017, Joy Business broke the news about his resignation with follow-up indications by his lawyers on moves being made by Government to push him out of office.

Joy Business understands that the delay to exit has been driven more by behind-the-scenes negotiations between Dr Asiama, Bank of Ghana and the government.

When was this decision taken?

According to a letter intercepted by Joy Business, the decision to disengage from the Bank of Ghana happened some two weeks ago and a letter was finally tendered in last week Wednesday, December 27, 2017.

Tue
19
Jul

I See Both Hitler And Stalin In Akufo Addo - Malam Issa

Nana Akufo-Addo is an incarnate of Adolf Hitler and Joseph Stalin, former Youth and Sports Minister in the Kufuor administration, Malam Ali Yusuf Issa, has said.

According to the former PNC national chairman, who was jailed for four years for misplacing $46,000, the three-time flagbearer of the main opposition New Patriotic Party (NPP), is “not the person qualified to lead Ghana” because he fans war rather than peace.

“Me, Malam Issa, I see both Hitler and Stalin in him [Nana Akufo-Addo] because he is not a peacemaker,” the former failed Adentan parliamentary aspirant, who contested on the ticket of the governing National Democratic Congress (NDC), told Chief Jerry Forson on Accra100.5FM’s breakfast show Ghana Yensom on Tuesday July 19.

It is recalled that Mr Akufo-Addo was the Attorney General, in the Kufuor administration, under whose supervision Mr Issa was prosecuted and jailed for causing financial loss to the state.

Tue
06
Oct

Striking nurses fight hospital heads

The Spokesperson for the Coalition of unpaid nurses is accusing hospital administrators of undermining a strike action the coalition called to demand unpaid salary arrears, Monday.

According to Jefferson Danquah, his members are being threatened with dismissal if they go on strike.

Over 7,000 unpaid nurses across the country were expected to carry through a strike called by the parent body but Joy News checks across some hospitals indicate the strike failed.

Majority of the nurses who were asked to abandon the hospitals were actually at work performing the duties for which they have not been paid for over a year.

Some of the nurses told Joy News' Matilda Wemega they could not sit at home because of their love for the job.

One of the nurses said she may lose her job if she went on strike.

In an interview, Jefferson Danquah said some of the nurses are capitulating to threats of dismissal.

Tue
06
Oct

Ghana will work again under NPP – Akufo-Addo

Presidential candidate of the New Patriotic Party, Nana Akufo-Addo is promising to restore hope in the economy if elected in 2016.

He says challenges with healthcare delivery, unemployment and general downturn of the economy are evidence of a visionless government.

In his address to supporters in the Brong Ahafo regional capital, Sunyani during his nationwide ‘Rise and Build Tour’, he said that Ghana, with abundant resources, must be managed by competent hands.

Nana Akufo-Addo was accompanied on the tour by leading members of the party including Alan Kyerematen, Dr. Kofi Konadu Apraku and Second Deputy Speaker of Parliament, Joe Ghartey.

The flagbearer assured that if the party is voted into office in the 2016 general elections, the NPP will “build our country again”.

Nana Akufo-Addo is hopeful unemployment would be reduced under his leadership.

Tue
29
Sep

Dzamefe Comission recommendations hanging – Foh-Amoaning

A member of the commission which investigated Ghana’s disgraceful show at the World Cup in Brazil is unhappy some of the Commission’s recommendations are treated with contempt.

Moses Foh-Amoaning said even though the Justice Dzamefe Commission stated how issues on bonuses should be handled, it seems nobody is paying attention to it.

His comment follows a disagreement between government and Ghana Football Association on one hand and players of the Black Queens over payment of bonuses.

The Queens who won gold at the just ended All African Games in Congo Brazzaville have not been given all their winning bonuses because the government admitted it is broke. 

Sat
29
Aug

SAS Fortune Fund records growth

Despite the economic downturn, the Strategic African Securities (SAS) Fortune Fund recorded an appreciable performance in 2014.

The fund recorded a 20 percent increase in net asset value, growing from GH¢2,604,739 to GH¢3,126,788 at the end of 2014.

Fund Manager, Anthony Degbato who revealed this while briefing stakeholders at the 10th Annual General Meeting (AGM) held in Accra said the fund still remained an attractive investment vehicle for our shareholders and potential shareholders.

He noted that the Fortune Fund posted a return of 14.40% at the end of the year 2014 as against the return on Ghana Stock Exchange Composite Index of 5.4%.

Mr. Degbato said they will also continue to monitor the overall economic indicators and to take advantage of investment opportunities of companies with good valuation and stable business models and re-balance the portfolio of the fund if the need be with a view to maximize returns for our shareholders.

Sat
29
Aug

Banking Awards to recognize most cashless-bank

The Ghana Banking awards slated for today, will award banks that are driving the cashless agenda by promoting various electronic payment options.

This is to encourage banks to promote payments with cards on Point of Sales (POS) devices, internet banking and cheques among other non-cash forms of payment.

Last year, organisers of the Banking Awards, Corporate Initiative Ghana, introduced a category to reward the most active e-zwich bank which was supported by Ghana Interbank Payment and Settlement Systems (GhIPSS).

The introduction of the most active cashless bank, also supported by GhIPSS, therefore brings to two, the award categories, sponsored by the national electronic payment infrastructure provider.

The introduction of the latest category was announced during the launch of this year’s Ghana Banking Awards earlier in the year.
Globally, countries are adopting electronic payment systems with less dependence on cash for transactions.

Sat
29
Aug

COTVET builds capacity of woodworkers

The Woodworkers Association of Ghana (WAG) is accessing support from the Skills Development Fund (SDF) under the Council for Technical and Vocational Education and Training (COTVET) to upgrade skills of master craftsmen.

Local woodworkers are struggling to compete with imports of furniture and other wood products into Ghana.

To survive the industry, Ghanaian wood processors require the skill sets and equipment upgrade to produce standard products.

“If you are in the industry and you don’t develop your skills, you’ll be weeded out, you’ll not fit into the system because as more quality products are coming, you also need to sharpen your skills,” observed Joseph Boakye, Director of the Forestry Commission Training Centre (FCTC).

The Centre has been contracted to train 1,200 members of WAG across the country with a grant of Gh827,000 by SDF-COTVET.

Sat
15
Aug

Doctors extend mass resignation date as strike continues unabated

Members of the Ghana Medical Association (GMA) have voted at crucial General Assembly meeting to remain on strike for two more weeks.
They have however agreed not to resign en masse as threatened by their leadership two weeks ago over an absence of a documented conditions of service.
At the meeting in Accra, 213 doctors voted for the status quo, while 148 voted to resume duty. That is by a margin of 65 votes, the doctors voted to continue the strike that is set to enter its third week.
The repercusions of this decision is expected to be grim for the health sector already reeling under the strike action by more than 2,000 doctors.
The stance of withdrawing emergency services continues after out-patient services was suspended two weeks ago.
Government will be disappointed in the decision after holding crunch talks with GMA Friday pleading that the doctors resume while negotiations continue.

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