Mr Ken Ofori-Atta, Minister of Finance has stated that the GH?9.7 billion bond were issued in local currency and not denominated as dollar bond. He said the recent bond issuance was transparent and any allegation of conflict of interest was borne out of lack of understanding of the transaction. Mr Ofori-Atta made this known in … Read more
There was drama in Parliament over whether the Finance Minister must present a document before he will be allowed to make a statement on the controversial $2.25bn bond issue. The Minority Leader Haruna Iddrisu insisted that the Minister, Mr. Ken Ofori-Atta who was on the floor of Parliament, ought to furnish the House with all … Read more
It appears to be another cocoa season again for the Editor in chief of the New Crusading Guide newspaper, Kweku Baako Jnr, and he has mounted platforms with guns blazing in defense of the Akufo-Addo government akin to his works during the 8-year rule of President John Agyekum Kufuor. Despite the overwhelming evidence in the … Read more
Editor in chief of the Crusading Guide newspaper, Kweku Baako Jnr has endorsed the Minority’s call for a full scale investigation into the $2.25 billion bond issue which has become a subject of controversy in Ghana. He is convinced however that the final report on any such investigation will leave the nose of the Minority … Read more
Ghana’s senior national side the Rolling Rockets beat their Nigerian counterparts (Kanu Pillars) in a 5-goal thriller to win the first ever International Unity Skate Soccer Cup which came off at the Black Star Square on March 19. The event was partly sponsored by B5 Plus, the leading steel importer, manufacturer and distributor in Ghana. … Read more
The sale of the first dollar-denominated bond for local investors begun on October 3 Government is looking at raising up to $100 million from its historic domestic dollar bond. The sale of the first dollar-denominated bond for local investors begun on October 3 and it’s expected to close on October 13, 2016. Sources say government … Read more