The Ghana Union of Traders Association (GUTA) has issued a warning to Dr. Stephen Amoah, the Deputy Minister of Finance, cautioning him against making remarks that could inflame tensions within the trading community. Dr. Joseph Obeng, the President of the Union, expressed disappointment in recent comments made by the deputy minister, attributing the ongoing depreciation of the cedi to GUTA members. In an interview on Accra-based Onua FM, Dr. Amoah alleged that certain GUTA members engage in illicit black market currency exchanges, which he believes contributes to the cedi’s volatility against the US dollar. In response, Dr. Joseph Obeng, President…
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CALIFORNIA-(MaraviPost)-Famous actor Arnold Schwarzenegger posted a photo of himself sleeping on the street, under his famous bronze statue, and sadly wrote: “How times have changed”… The reason he wrote the sentence was not just because he was old, but because when he was governor of California he inaugurated that hotel with his statue. The hotel management told Arnold that “you can come at any time and there will always be a separate room for you.” When Arnold resigned as governor and one day wanted to stay at the hotel, administration refused to give him a room arguing he should pay,…
In the expansive lands of sub-Saharan Africa, a staggering figure looms: more than 24 million individuals grapple with diabetes. This revelation came from the lips of Dr. Gloria Ani-Asamoah, a dedicated family physician stationed at Korle-Bu Polyclinic and a proud alumna of the Merck Foundation. During a recent engagement with journalists, Dr. Ani-Asamoah shed light on the alarming statistics, revealing that within this colossal number, type 2 diabetes reigns supreme, accounting for a whopping 90 percent of cases in the region. The venue for this enlightening discourse was a workshop meticulously organized by the esteemed Merck Foundation, in conjunction with…
The Accra Regional Police Command has summoned the management of Accra FM, owned by Class Media Group, to hand over their host, Nana Otu Darko, for interrogation. This action is part of the ongoing investigation into remarks made by politician Hopeson Adorye during an interview on the station’s political discussion program. In the course of the interview, Mr. Adorye asserted that the ruling New Patriotic Party (NPP) had instructed him to set off explosives in the Volta Region to intimidate backers of the main opposition National Democratic Congress (NDC) and dissuade them from voting in past elections. In light of…
Strategic Mobilization Ghana Limited Highlighted KPMG’s examination, as directed by President Nana Addo Dankwa Akufo-Addo, into the agreement between the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Limited (SML), reveals SML’s omission of GH¢13.38 million in VAT payments. KPMG’s assessment shows that between September 1, 2020, and April 30, 2021, GRA did not deduct Value Added Tax (VAT) from payments made to SML for eight months, resulting in a total of GH¢13.38 million. “The GRA’s usual practice of deducting these taxes for payments to SML between June 1, 2020, and August 31, 2023, was not followed,” the report states.…
By Alex Ababio Environmental degradation in Ghana results in an annual loss of US$54 billion, according to the Executive Director of the Environmental Protection Agency, Dr. Kingsley Krugu. Speaking at an event commemorating World Biodiversity Day in Accra, Dr. Krugu highlighted activities contributing to degradation, such as illegal mining, chemical pollution of water bodies, coastal habitat destruction, and climate change-induced erosion. The assessment’s stated value might even be higher, he emphasized. World Biodiversity Day, designated by the United Nations, aims to raise awareness about biological diversity. This year’s theme, “Be Part of the Plan,” underscores humans’ responsibility to the environment…
By Alex Ababio Ghana confronts an impending depletion of its oil resources within 15 years if the ongoing decline in production persists, according to Steve Manteaw, the Co-chair of the Ghana Extractive Industry Transparency Initiative. Speaking to Evans Mensah on Joy News’ PM Express, Manteaw stated, “the last time I checked, we have produced half of Jubilee Fields, a third of TEN, and about a tenth of Sankofa Gye Nyame.” He cautioned, “So if we don’t add to our reserves, in a matter of 10 to 15 years, we will have no oil industry.” This revelation follows a report from…
The Coalition for Democratic Accountability and Inclusive Governance has articulated potential intentions to pursue legal recourse should the transaction between the Social Security and National Insurance Trust (SSNIT) and Agriculture Minister, Bryan Acheampong, progress. The Coalition has voiced significant apprehensions regarding the agreement, particularly accentuating a potential conflict of interest. The contention orbits the sale of SSNIT’s 60 per cent shares in four hotels to Bryan Acheampong’s company, Rock City. Detailed information on how Rock City secured the successful bid for these assets has been demanded by the Coalition. Their unease emanates from the imperative to ensure that the transaction…
By Daniel Frimpong A conference spanning four days in Accra, titled ‘Equitable access to COVID-19 Vaccines in Africa (ECOVA),’ concluded with a commitment to generating crucial evidence informing vaccine production and equitable distribution across Africa. Experts and stakeholders convened to address disparities in vaccine access across the continent. Representatives from Ghana, Nigeria, Ethiopia, Zimbabwe, Kenya, DR Congo, Botswana, Mozambique, and Burkina Faso discussed strategies to enhance vaccine distribution, gender mainstreaming, and public awareness, with a focus on marginalized populations. Organized by the African Health Economics and Policy Association (AfHEA) in collaboration with the United Nations Economic Commission for Africa (UNECA)…
In 2023, Ghanaian authorities seized over 700 kilograms of cocaine and 2,500 kilograms of marijuana, starkly illustrating the pervasive issue of drug trafficking and its far-reaching consequences for public health, security, and economic stability. Nestled within the bustling marketplace of Alabar in Kumasi lies Tinka, where a significant portion of the population is embroiled in the trade and use of hard drugs like Marijuana, Tramadol, Cocaine, and other illicit substances. This reality not only threatens individual lives but also casts a long shadow over community cohesion and economic stability. **The Drug Trafficking Epidemic in Ghana** Like many nations, Ghana wrestles…