Meeting Was Normal Work — EC But NDC Thinks Otherwise

The Electoral Commission (EC) says its meeting at the City Escape Hotel in Accra is a normal meeting of the commission with its directors. “It is an in-house meeting of directors which we hold three times in a year as part of our operations,” it said. Speaking in an interview with the Daily Graphic, a Deputy Chairperson of the EC in charge of Corporate Services, Dr Bossman Asare, explained that the meeting could have taken place at the EC’s headquarters. He said the EC chose to relocate the meeting to…

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Tullow appoints Rahul Dhir as new CEO

Tullow Oil plc has announced the appointment of Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. A press release by Tullow said, Rahul will take up his appointment from July 1, 2020, and Dorothy Thompson, currently Executive Chair of Tullow, will return to her position as Non-Executive Chair after a limited period of handover.”Rahul brings extensive leadership experience in oil and gas to Tullow,” the release said. Rahul is currently CEO of Delonex Energy, an Africa-focused oil and gas company that he founded in 2013.…

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Tax reliefs for health workers implemented

The Controller and Accountant-General has implemented the three months’ tax relief granted to all health workers as directed by President Nana Addo Dankwa Akufo-Addo in his recent address to the nation on COVID-19. While addressing the nation on April 5, 2020, on measures taken by the government to contain the disease, the President announced a number of packages for health professionals at the forefront of the fight. Among the measures were tax reliefs for the months of April, May and June, an insurance package of GH¢350,000 for each health worker…

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Time to design new global financial architecture — Finance Minister

The Minister of Finance, Mr Ken Ofori-Atta, has proposed the design of what he describes as “a new global financial architecture” that will help institute a new global public good and rebuild growth across the world. He stated that the World Bank and the International Monetary Fund (IMF), as well as the international community, must quickly address issues of economic revival, the global supply chain as well as healthcare systems in poorer nations, as a result of the overwhelming impact of the coronavirus disease (COVID-19). “We must recognise that this…

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World Tourism Organisation demands action to secure jobs

The tourism sector is on its knees because all national parks, hospitality industry, among many others, have either shut down completely or are working at about 20 per cent capacity. The situation has caused many job losses in the sector. In the melee, governments across the world have pledged support for the players within that sector in order to save jobs. Unfortunately, there is nothing on the ground to show for that commitment. Ghana situation For instance the National Hospitality Association of Ghana (NHAG) made an urgent appeal to the…

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Stop paying dividends to shareholders – BoG directs banks

The Bank of Ghana (BoG) has directed banks and Specialised Deposit-Taking Institutions (SDIs) in the country to cease declaring or paying dividends to shareholders until further notice. The Central Bank says this is to ensure that banks and SDIs are better able to support their customers throughout the COVID-19 pandemic and to absorb any potential operational losses for banks and SDIs from the COVID-19 pandemic. A statement signed by the BoG’s secretary, Sandra Thompson said: “In furtherance of the above, and to ensure that banks and SDIs are better able…

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BoG assessment of GN Savings false – Nduom’s lawyers

Lawyers for Dr Papa Kwesi Nduom, the majority shareholder of the defunct GN Savings, have urged the Accra High Court to cancel the revocation of the license of the financial institution by the Bank of Ghana (BoG) on the basis that the BoG failed to properly assess the company’s books. In a 39-page address to the Human Rights Division of the Accra High Court, lead counsel for Dr Nduom, Mr Justice Srem–Sai, argues that the BoG failed to conduct “a true, fair and independent assessment of GN’s savings books” and…

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Nollywood actor, Mike Ezuruonye calls out celebrities living fake lives

Nollywood actor, Mike Ezuruonye has taken to Instagram to criticise celebrities who live fake lives on social media. According to the 37-year-old, a lot of celebrities may drive the best cars but they do not have an apartment of their own. Mike Ezuruonye added that these celebrities who show off are the same ones asking for Covid-19 relief. “You got a G-Wagon and Squatting…Been Impressing The Whole Lagos…Now u need Relief…I Cant deal#fakelifeisexpensive,” he captioned his post.

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Music industry will bounce back after Covid-19 – MzVee

Dancehall act MzVee believes the country’s music industry will come back stronger after the coronavirus pandemic. Speaking exclusively with JoyNews’ Becky, the ‘SHERIF’ hitmaker was optimistic things will go back to normal. She said “a lot of musicians are releasing songs and music video which are keeping people entertained. “I think the music industry after Covid-19 will bounce back, maybe not as soon as expected because of lack of money in the system but after sometime when that is sorted, I think the music industry will be sorted one hundred…

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Tourism Minister announces a raft of measures to support hospitality industry

The National Board for Small Scale Industries (NBSSI) will from May begin the disbursement of some GH¢600 million to micro, small and medium enterprises in the hospitality industry. Minister for Tourism, Creative Arts and Culture, Barbara Oteng Gyasi, revealed on Thursday evening that initial engagements between NBSSI and industry players have been fruitful. Speaking on the business edition of Joy News’ PM Express, the Minister explained that the relief package will be advanced as a flexible loan to industry players who are members of identifiable trade associations. “It is for companies…

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