Be clean, don’t be NDC’s campaign message in 2024 – Kwabena Frimpong warns NPP

A Deputy Director in charge of protocol for the governing New Patriotic Party (NPP) Kwabena Frimpong has called on the party fraternity to conduct a clean campaign devoid of vilification and personal attacks as it prepares to hold presidential and parliamentary primaries.

Frimpong is also urging delegates to respect the party’s earlier directive which bars them from endorsing or campaigning for the presidential or parliamentary aspirants.

He was reacting to the recent endorsement of some presidential hopefuls by known party voices, some of whom are party executives. Mr Frimpong fears such utterances could divide the party and further arm the opposition NDC with more campaign messages going into the 2024 polls.

“I will commend the General Secretary for issuing this directive”, Frimpong told Accra-based NET2 TV. “Looking at events that rocked our 2007 primaries, it clearly tells you the party is being guided by past events. But I will use this opportunity to also urge our elected officers and by extension the party members to respect the party’s position.”

“I am convinced the party will hold a free and fair election but then we should engage in a clean campaign in order not to arm the NDC with a campaign message in the 2024 elections and that to me would be suicidal”, he stated.

The governing party is yet to announce the date for the presidential and parliamentary primaries.

Outgoing Trade Minister Alan Kyerematen and Agric Minister Owusu Afriyie Akoto resigned to pursue their presidential ambition.

Known faces like Kennedy Agyapong, Francis Addai-Nimoh, Kwabena Agyei Agyapong, Joe Ghartey are likely to contest the slot.

Source: Ghana Web

Akufo-Addo jets to Abu Dhabi and London

President Nana Akufo-Addo, left Ghana on Saturday, 14th January 2023, to lead Ghana’s delegation to the Abu Dhabi Sustainability Week, in Abu Dhabi, in the United Arab Emirates (UAE).

The Abu Dhabi Sustainability Week (ADSW) is a global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development and advance economic, social and environmental progress.

Established in 2008, ADSW brings together heads of state, policymakers, industry leaders, investors, entrepreneurs and youth – who all have a stake in the future of our planet – to discuss and engage on bold climate action and innovations that will ensure a more sustainable world for future generations.

President Akufo-Addo will then depart Abu Dhabi on Thursday, 19th January, to London for a six-day private visit.

The President was accompanied by the Minister for Foreign Affairs, Shirley Ayorkor Botchway, MP; Minister for Energy, Hon. Dr Matthew Opoku Prempeh; Minister for Lands and Natural Resources, Hon. Samuel Abu Jinapor; Minister for Environment, Science, Technology and Innovation, Hon. Dr Kwaku Afriyie, officials from the Presidency and Foreign Ministry.

President Akufo-Addo will return to Ghana on Wednesday, 25th January 2023, and, in his absence, the Vice President, Alhaji Dr Mahamudu Bawumia, shall, in accordance with Article 60(8) of the Constitution, act in his stead.

Source: Modern Ghana

Akufo-Addo needs to scrap ineffective economic policies, install currency board – Prof Hanke

Professor of Applied Economics at John Hopkins University, Steve Hanke, has called on President Nana Addo Dankwa Akufo-Addo to scrap all ineffective economic policies and install a currency board.

According to him, the move will help stem Ghana’s soaring inflation.

In a tweet sighted by GhanaWeb, the American economist said Ghana’s inflation stands at a sky-high 91%/yr.

“On Jan 12th, I measured #Ghana’s inflation at a sky-high 91%/yr, which is why in this week’s inflation roundup, GHA takes the 7th place. To end its inflationary disaster, Pres. Akufo-Addo needs to scrap his ineffective economic policies and install a currency board,” Prof Hanke stated.

On Wednesday, January 11, 2023, the Ghana Statistical Service (GSS) announced that Ghana’s consumer inflation for November last year has hit 54.1%%.

The 54.1% is an increase from the 50.3% recorded the previous month – November.

The consumer price index, according to Ghana Statistical Service measures changes in the price of a fixed basket of goods and services purchased by households.

It further said the assumption is that the basket is purchased each month, hence as the price changes each month, the total price of the basket will also change.

In a press release sighted by GhanaWeb, it said, “year-on-year inflation rate for December 2022 was 54.1%. This means that in the month of December 2022 the general price level was 54.1% higher than December 2021. Month-on-month inflation between November and December 2022 was 3.8%.”

Food inflation shot up from 55.3% to 59.7% whiles non-food inflation also rose to 49.9%.

Source: Ghana Web

I donate my sperm for Gh?2,500 every week – Curtis Jackson

A Ghanaian young man, Curtis Jackson (not his real name) says he donates sperm for a fee of ?2,500 every week.

His revelation is contained in a special feature by TV3 dubbed, “Man Assisted Babies” aired on News360 Saturday, January 14, 2023.

The feature by Emmanuel Samani explores sperm and egg donations in Ghana which has become the means of survival for many young unemployed youth who have to make ends meet.

Follow the conversation through the link below to find out the interesting comments people are giving after being asked if they were willing to also donate their sperm or egg for money.

Source: Modern Ghana

Review unfair, untenable debt exchange programme – Annoh-Dompreh to Finance Ministry

Member of Parliament for Nsawam Adoagyir, Frank Annoh-Dompreh, has called on the Ministry of Finance to review its decision to include individual bondholders in the government’s domestic debt exchange programme.

The MP in a tweet sighted by GhanaWeb opined that the ministry’s decision is not only unfair but one that is hard to defend.

“The Finance Minister (Ministry) must as a matter of urgency review ASAP its decision and resolution on individual bondholders. I don’t agree with them and I think it’s unfair and untenable!” he tweeted.

The comment by the MP comes on the back of a recent petition presented to parliament by a group of individual government bondholders.

The group has called on the legislature to intervene in their call on government to exclude individual bondholders from the debt exchange programme.

The bondholders are faced with limited time to sign up for the restructuring deal scheduled to expire on Monday, January 16, 2023.

According to the government, the aim of the programme is to make Ghana’s debt sustainable as a key component of securing a $3 billion loan deal with the International Monetary Fund.

Addressing the individual bondholders after receiving their petition on Friday, January 13, 2023, the Majority Leader of Parliament, Osei Kyei-Mensah-Bonsu said there is a need for government to hold further engagements on the implementation of the programme.

He noted that the policy if not thought through could lead to the wiping of the middle class in the country.

“What we talking about is that many of these bondholders also belong to the middle class and that’s where the major worry is…If we are wiping away the middle class that could be dangerous, so we need to have some further dialogue on this. I’m not sure government takes interest and joy in suppressing anyone no government will have any joy in doing that,” he said.

“So government thinks that this is the best way forward, however even if it is, we need to engage, reflect and then move on and that will encourage some people who have some doubt to better appreciate where we are,” he stated.

According to the majority leader, the government, moving on with the programme with caution could spell doom for the country.

“Nothing can substitute for discussions, round table discussions and engagements wherever we find ourselves in. I think it’s important that we go back to the drawing table to have engagements with the major stakeholders.”

“As he said, all of us are in it. And if we don’t manage well, we’ve gone through this before, way back some 25, 30 years ago and repositioning was a major, major difficulty.”

“Today many people are coming on board and if this thing should happen, how do we build confidence and trust and reconstruct a new savings culture?” he said.

The majority leader was joined by the ranking member of Parliament’s Finance Committee, Cassiel Ato Forson when the petition was presented to the house.

The group of bondholders convened by Senyo Hosi was led by private legal practitioner, Martin Kpebu when they called on the house.

Source: Ghana Web

Bawumia to open 74th Annual New Year School

Vice-President Mahamudu Bawumia will on Tuesday, January 17 open the 74th Annual New Year School and Conference (ANYSC) at the Great Hall of the University of Ghana, Legon, Accra.

The three-day programme is on the theme: “Positioning the African market for Sustainable Economic Development through the African Continental Free Trade Area (AfCFTA).”

Mr Wamkele Mene, Secretary General AfCFTA, would deliver the keynote address for this year’s Programme, which is under the auspices of the School of Continuing and Distance Education (SCDE), College of Education, University of Ghana.

Dr Simon-Peter Kafui Aheto, Director, 74th ANYSC/ Senior Lecturer, Department of Distance Education, SCDE, University of Ghana, who made the disclosure in an interview with the Ghana News Agency (GNA) in Accra, said the Programme would consist of the Main School and Conference, and a Youth School.

He said the Main School and Conference was slated for Tuesday, January 17 to Wednesday, January 18, while the Youth School would be on Thursday, January 19, both at the Conference Room of the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana.

“We are expecting about 400 participants for the main School and Conference from civil society, government agencies, private sector, informal sector, academia and people from all walks of life,” Dr Aheto said.

“For the Youth School, we will be expecting a minimum of 350 participants from around the country.”

Touching on expected outcomes of the Programme, Dr Aheto said one of the major outcomes of the Annual New Year School and Conference was the release of a communiqué at the end of the event.

He said the previous communiqués had shaped policies and provoked discussions of the themes within the public space. 

He reiterated that adequate opportunities would be created to ensure non-partisan discourse on the theme and widely disseminate policy briefs both locally and internationally.

He noted that this year’s Programme would contribute to the continent’s quest in advancing trade and industry with the aim of building a robust African economy that could sustainably contribute to growth in member countries 

He said the Annual New Year School and Conference had existed over the last 74 years; adding that “in the course of the year, we shall be cutting sod for the Annual New Year School and Conference Multipurpose Digital Youth Village Complex on campus, a hub for youth training and development in Ghana and on the continent.”

“Again, this year’s ANYSC coincides with the 75th Anniversary celebration of the premier University of Ghana, the institution that is affectionately called, Legon.”

Dr Aheto told the GNA that the 74th ANYSC was creating a platform for every Ghanaian, every African to have a better understanding and involvement of the whole concept of the AfCFTA, an intra-continental trade space to promote.

Since its inception in 1948, the Annual New Year School and Conference has been the flagship programme of the University and attracts people from all walks of life to deliberate on topical issues of national and international interests.

It opens at the beginning of every new year.

At the end of every school and conference, a communiqué is issued, which captures the recommendations of participants and discussants.

The recommendations usually inform policy decisions and directions in the country.

Source: Modern Ghana

God has listened to our prayers – National Pensioners Association on 25% increment

The Social Security and National Insurance Trust (SSNIT) on Friday, January 15, 2023 announced a 25% increment in the monthly pension payments.

All legitimate pensioners on the SSNIT pension payroll as of the end of December 2022 will have their monthly pensions increased by a fixed rate of 19 per cent, plus a redistributed flat amount of GH¢73.58.

Reacting to this in an interview with GhanaWeb, the General Secretary of the National Pensioners Association, Stephen Boakye, noted that his outfit was taken aback upon hearing the announcement.

According to him, they were expecting less than the 10% increment pensioners received last year due to the current economic challenges.

Mr Boakye stated categorically that he was surprised as the 25% increment is about 150% more than what they received last year.

He stressed that God has listened to their prayers.

“We are very grateful for SSNIT. We were not expecting that we will get this percentage. To be frank, looking at COVID-19 and its related problems coupled with the current air that is blowing in the whole world economically, we were even thinking that we will get less than the 10% we had last year but surprisingly, this is 25% which is about 150% of last year’s, we are very grateful,” he told GhanaWeb Business in an interview.

“God has listened to our prayers, we are very happy and our people too will be happy…” he stated.

Meanwhile, the highest pensioner in Ghana will from this year earn an amount of GH¢169,725.89.

This was disclosed by the Chief Actuary of Social Security and National Insurance Scheme (SSNIT), Joseph Poku.

Speaking at a press conference in Accra on Friday, January 13, 2023, Mr Poku said the lowest pensioner, on the other hand, will receive GH¢430.58, an increase of 43.53%

The redistribution method adopted by SSNIT is a mechanism applied to the indexation rate to cushion members on low pensions in conformity with the solidarity principle of social security.

He noted that a total of GH¢5 billion will be distributed by the pension scheme this year to beneficiaries.

Source: Ghana Web

Hearts of Oak: Slavko Matic announce starting XI for FC Samartex clash

Slavko Matic has named Hearts of Oak’s starting lineup for their Ghana Premier League match-week 13 game against FC Samartex.

The Phobians are hosting the Premier League newcomers to the Accra Sports Stadium.

Matic has made three changes in the lineup that managed to hold King Faisal to a scoreless draw in Kumasi.

Duo Glid Jeordon Otanga and Benjamin Yorke have been dropped to the bench as Robert Addo Sowah earns a starting berth following the absence of Zakaria Yakubu.

Congolese international Linda Mtange Don remains on the bench with Kwadwo Obeng Junior and Eric Esso returning the match-day squad list.

Below is Hearts of Oak lineup

• Richmond Ayi (GK)

• Rashid Okine

• Caleb Amankwah

• Samuel Inkoom

• Robert Addo Sowah

• Yaw Amankwah Baafi

• Gideon Asante Yeboah

• Eric Esso

• Salifu Ibrahim (C)

• Kwadwo Obeng Junior

Source: Modern Ghana