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Tag Archives: funds

NDC takes on govt over COVID-19 funds

  Sammy Gyamfi The National Democratic Congress (NDC) is accusing government of mismanaging funds meant for the country’s fight against the COVID-19 pandemic. This claim and several others come on the back of a recent report of the Auditor-General on a Special Audit of the Government of Ghana Covid-19 expenditure …

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Pension funds exempted from Debt Exchange Programme

  Government has announced an exemption of all pension funds from the Debt Exchange Programme. This follows a meeting between Organised Labour, Ministry of Employment and Labour Relations, the Finance Ministry, National Security Ministry and all other parties involved on Thursday, December 22. The exemption of all pension funds, however, …

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Labour will resist attempts to ‘touch’ pension funds – Prof Gyampo

  l Professor Ransford Gyampo JoyNews/AdomNews · GYAMPO ON PENSIONS Political Scientist with the the University of Ghana, Professor Ransford Gyampo, has reiterated his position that organised labour will resist government’s resolve to use pension funds as part of its debt restructuring programme. Prof Gyampo is of the opinion that …

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Manager jailed 15 years for squandering company’s funds on betting

by;brightwebtv/nana asare barimah A mother broke into uncontrollable tears at the Hohoe Circuit Court last Wednesday when her son, a 31-year-old fuel station supervisor, was handed a 15-year jail term for stealing. Yussif Abubakar, a former worker of the Hohoe branch of Star Oil Company was sentenced for stealing GH¢139,118 …

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Ghana Recieves funding from Chinese government for sinohydro road projects

By:brightwebtv.com/nana asare barimah     The first tranche of the ‘bauxite for development’ barter agreement, popularly known as Sinohydro deal, signed between the Government of Ghana and the People’s Republic of China has been released, the Vice President of the Republic,brightwebtv.com can confirm.     Speaking in Accra on Monday, …

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Angry Gold Coast customers march over locked-up funds

by; brightwebtv/nana asare barimah Hundreds of aggrieved customers of Gold Coast Fund Management (GCFM), now rebranded Blackshield Fund Management, have embarked on a demonstration in Accra to compel the management of the firm to pay them their locked-up capital. Dressed in red attire, headgear and armbands, the vexed customers marched …

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2016 Defeat: Aseidu Nketia and Co looted campaign funds- Mahama

By brightwebtv.com/nana asare barimah   Former President John Dramani Mahama has revealed that campaigns funds and logistics failed to get to the right people hence the National Democratic Congress’ (NDC) heavy loss in the last election. The NDC led by John Mahama lost by almost one million votes- the heaviest …

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Otumfuo and NLA Collaborate to Raise Funds to Support Development of Asanteman

  By:brightwebtv.com/nana asare barimah         The Asantehene, Otumfuo Osei Tutu II in collaboration with the National Lottery Authority (NLA) is set to organize Otumfuo Lottery Game in the form of Raffles and Scratch Cards to raise funds to support the various socio-economic development initiatives in the Ashanti …

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Government gambling pension funds on collapsing ADB and NIB -Adongo

By Nana Asare Barimah The Agricultural Development Bank (ADB) and the National Investment Bank (NIB) are both collapsing because they have no solvency according to the Member of Parliament (MP) for Bolgatanga Central, Hon Isaac Adongo yet government wants to gamble pension funds on them, MyNewsGh.com has filed. According to …

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