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Finance Ministry working to settle $140m Trafigura debt – Ghana’s High Commissioner to UK

Finance Ministry working to settle $140m Trafigura debt – Ghana’s High Commissioner to UK

Ghana News
Ghana’s High Commissioner to the UK and Ireland, Papa Owusu-Ankoma, has revealed that the Ministry of Finance has made some significant progress towards reaching a settlement for the $140 million judgment debt due Singaporean commodity trading firm, Trafigura. According to him, one of Ghana’s properties, the Regina House which is used for commercial purpose, and has been attached by Trafigura, will not be sold to defray part of the debt. “We will not get to that stage where these assets will be sold to defray the debts, because of progress made on reaching a settlement”, he stressed. He spoke on PM Express Business Edition with host George Wiafe in London on November 2, 2023.https://cdn.vuukle.com/widgets/quiz.html?version=1.11.12Advertisement Mr. Owusu-Akomah described the eve...
GRIDCo blames intermittent power cuts on limited gas supply

GRIDCo blames intermittent power cuts on limited gas supply

Ghana News
The Ghana Grid Company Limited (GRIDCo), has explained the cause of the power cuts being experienced in parts of the country. According to a statement issued by the company, there was limited gas supply to Tema leading to a shortage of 550MW at peak time. The shortage led to the power outage in some parts of the country on Thursday night. GRIDCo subsequently apologized for the inconvenience caused.
Our war is against Hamas for brutally attacking us – Israeli Ambassador to Ghana

Our war is against Hamas for brutally attacking us – Israeli Ambassador to Ghana

Ghana News, World News
The Israeli Ambassador to Ghana, Her Excellency Shlomit Sufa, has indicated that Israel's conflict is squarely with Hamas, a terrorist organisation in Gaza. Speaking on JoyNews' PM Express on Wednesday, she emphasised that Israel's fight is not with the Palestinian civilian population or Muslims. In her view, Israel's actions are aimed at countering a "terror entity" that is responsible for reigning violence and terror in their country. "Hamas is a terrorist organisation that is working on the parameters and the ideology of ISIS. Our war is not with the civilian population, our war is not with the Palestinians, our war is not against Muslims, and our war is against a terror entity that has brutally and savagely killed whomever they could find along the way on October 7,"...
Israeli Ambassador to Ghana visits Cedar Mountain Chapel to seek prayers and support amid Hamas attack

Israeli Ambassador to Ghana visits Cedar Mountain Chapel to seek prayers and support amid Hamas attack

Ghana News, World News
The Israeli Ambassador to Ghana H.E Shlomit Sufa, has visited the Cedar Mountain Chapel, East Legon to worship and seek prayer for the nation of Israel and further explain current happenings in the country to the General Superintendent of the Assemblies of God-Ghana, Rev. Stephen Wengam. The Ambassador appealed for prayer and diverse support for her nation and condemned in no uncertain terms the attack on Israel by Hamas. She also called for the unconditional release of the individuals held hostage. The General Superintendent of Assemblies of God-Ghana and Lead Pastor of Cedar Mountain Chapel on his part, extended the sympathies of the church to the nation of Israel. He further quoted Psalm 122:6-8 and explained that the Bible enjoins Christians to support and pray for the ...
Atlantic Lifesciences and Vins Bioproducts sign MoU to produce anti-snake venom in Ghana

Atlantic Lifesciences and Vins Bioproducts sign MoU to produce anti-snake venom in Ghana

Ghana News, World News
A memorandum of understanding (MoU) has been signed between Atlantic Lifesciences, a Ghanaian company, and Vins Bioproducts, an Indian firm to produce anti-snake venom locally, to save the lives of people who are bitten by snakes, sometimes leading to deaths due to the lack of life-saving vaccines. The signing of the agreement for Vins Bioproducts to supply bulk quantities of anti-snake venom for the commencement of the fill and finish production of the serum in Ghana, will reduce the burden on government to continuously import the product into the country. This Anti-snake venom once produced by Atlantic Lifesciences will have the ability to neutralise the effect of venoms from over 19 different species of snakes. Due to its polyvalent nature, they are ideal for cases where th...
Ghana abstains from vote as UN Security Council rejects Russian resolution on Gaza war

Ghana abstains from vote as UN Security Council rejects Russian resolution on Gaza war

Ghana News, World News
In a crucial session at the United Nations Security Council on Monday night, Ghana abstained from voting on a resolution proposed by Russia concerning the conflict in Gaza. The resolution, put forth by Russia, called for a humanitarian ceasefire, the release of hostages, aid access, and the safe evacuation of civilians in the war-torn region. Out of the Council's 15 members, the Russian-led draft received five votes in favour (China, Gabon, Mozambique, Russia, and the United Arab Emirates) and four against (France, Japan, the United Kingdom, and the United States). Notably, Ghana was the sole African country to abstain, while Gabon and Mozambique voted in favour. Other abstentions included: Albania, Brazil, Ecuador, Malta, and Switzerland. For a resolution to be adopted, it requir...
West Ham fans clamour for Mohammed Kudus to start more games after impressive performances

West Ham fans clamour for Mohammed Kudus to start more games after impressive performances

Sports News
West Ham United fans are increasingly calling for Mohammed Kudus to be handed a starting berth in the team following his impressive start to life in East London. The Ghana international is yet to start a game in the Premier League but has been included in the starting lineup on two occasions, both in cup competitions. Kudus started against TSC Topola in West Ham's opening game in the Europa League and scored twice on the evening at home but has been used from the bench in the Premier League games. Following his recent cameo in the win over Sheffield United, some Hammers fans have called for the 23-year-old to have a starting role in the team. Here are some of the comments on Facebook from West Ham fans who feel the need for the Ghanaian to be given more opportunities: ...
Meet Ghana’s Youngest Medical Doctor

Meet Ghana’s Youngest Medical Doctor

Ghana News, Pentecost News
Twenty-two-year-old Kwaku Boakye Gyamfi, a member of the Pentecost International Worship Centre (PIWC), Odorkor, etched his name in history last Thursday as he graduated from the School of Medical Sciences at the University of Cape Coast (UCC) as the youngest medical doctor in Ghana. Dr. Kwaku Boakye Gyamfi’s academic journey began in 2006 when he commenced his primary education at Danem Royal Montessori School at the tender age of five. Subsequently, he transitioned to Good Shepherd International School, followed by Oregon International School, and eventually Startrite Montessori School, all located in Accra. In 2014, at the age of thirteen, he completed his basic education with an impressive aggregate of 06. In the same year, 2014, he secured admission to Prempeh College Senior Hig...
AFCON 2023: Full list of all the 24 qualified teams

AFCON 2023: Full list of all the 24 qualified teams

Africa News, Sports News
The full list of the 24 teams to participate in the 2023 Africa Cup of Nations (AFCON) has been confirmed now. This was after the final round of qualifying games were concluded on Tuesday, with Cameroon and Namibia the last teams to book their slots. Cameroon scored three second half goals to win 3-0 against Burundi on Tuesday night and secure their place in the Ivory Coast tournament. Ghana’s Black Stars also confirmed their qualification in the final round of qualifying games by beating the Central African Republic 2-1 to top Group E. Next year’s tournament will not see any teams making their debut, with Gambia making a second consecutive appearance after making their debut in the last edition in Cameroon. Ivory Coast will host the 2023 Africa Cup of Nations from January 1...
Leading Ladies from Ghana dominate 2023 list of Top 10 Women to Watch in Banking & Finance in Africa

Leading Ladies from Ghana dominate 2023 list of Top 10 Women to Watch in Banking & Finance in Africa

Africa News, Ghana News, Headlines Today
The Leading Ladies’ Network, a prominent women’s leadership organization committed to empowering and recognizing women leaders across various industries, is proud to extend its heartfelt congratulations to three exceptional Ghanaian women who have been honoured in the prestigious 2023 Angaza Awards Women To Watch in Banking and Finance in Africa. The Angaza Awards, known for acknowledging outstanding achievements and contributions by women in the field of banking and finance across the African continent, have recognized the remarkable efforts of these women in driving innovation, shaping financial landscapes, and inspiring future generations. Audrey Abakah, Director, SME, Agency Banking and Partnership at Absa Ghana We proudly recognize Audrey Abakah for her exceptional a...
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