August 2024 - Page 5 of 46

29 Aug

Ministry Of Finance To Introduce 36 Double Taxation Agreements

wontumionlineBusinessDouble Taxation Agreements

Daniel Nuer, Head of the Tax Policy Unit at the Ministry of Finance, Ghana, has revealed that the Ministry of Finance is working to introduce about 36 more Double Taxation Agreements. This is in addition to the 14 currently being enforced in Ghana. According to Mr. Nuer, six of the agreements are pending Parliamentary ratification, five are still being negotiated (Hungary, Israel, UAE, Korea, and Egypt), while five more have been concluded but are yet to be signed. Furthermore, while discussions have begun on three others, three more are being renegotiated. “We are renegotiating them because although they were negotiated…

29 Aug

ECG Lost Up To GH₵500m Due To Ransomware Attack – Dubik Mahama

wontumionlineBusinessSamuel Dubik Mahama

The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has revealed that the company lost between GH₵400 million and GH₵500 million due to a ransomware attack. In an interview with Bernard Avle on The Point of View on Channel One TV, Dubik Mahama confirmed the Vice President’s earlier statement and detailed the severe impact the ransomware had on ECG’s operations. Mahama explained that the attack occurred during a critical period when the company was undergoing an operational turnaround, which involved upgrading and fixing their systems. “Don’t forget that, within those periods, we were going through an operational turnaround, where we were fixing…

29 Aug

BoG Takes On Ablakwa Over $20m Transfer Claims, Describes His Actions As ‘Unfortunate’

wontumionlineBusinessAblakwa

The Bank of Ghana has responded to concerns raised by Samuel Okudzeto Ablakwa regarding a $20 million transfer, which the Member of Parliament claimed lacked consistent documentation. In a statement issued on Wednesday, August 28, the central bank criticised the legislator for his allegations, noting that the funds were intended for the Central Bank of Liberia, as previously stated. Without directly naming Mr Ablakwa, the Bank of Ghana expressed disappointment over the MP's decision to share documents related to the currency transfer publicly. The central bank highlighted that this action was "unfortunate" and raised significant security concerns, potentially compromising sensitive…

29 Aug

NCDs Are Killing Over 17 Million Each Year Before Age 70 – GHS Public Health Director

wontumionlineNewsDr. Franklin Asiedu-Bekoe

The Director of Public Health at Ghana Health Service (GHS), Dr Franklin Asiedu-Bekoe, says Ghana needs to prioritise the prevention and control of Non-Communicable Diseases (NCDs) considering their future burden and the existing healthcare system. He said NCDs were killing 17 million people each year before age 70 and 86 per cent of these premature deaths would occur in low-and middle-income countries, including Ghana. “Within the next 20 years, NCDs will be responsible for virtually half of the global burden of diseases in developing countries. “Our strategies should be directed to monitor the incidence of the diseases along with their…

29 Aug

Akufo-Addo Signs Presidential Compact On Water, Sanitation And Hygiene

wontumionlineNewsPresident Akufo-Addo

President Akufo-Addo has signed a historic Presidential Compact on Water and Sanitation, as part of the government’s commitment to improving public health, increasing climate resilience and ensuring that hard to reach communities have access to water, sanitation and hygiene services. Under the Presidential Compact, the third of its kind in Africa, the government will allocate an estimated US$1.7 billion annually to water, sanitation and hygiene (WASH) initiatives until 2030. These funds will ensure that WASH services reach schools and healthcare facilities, as well as remote communities. “The journey on which we are embarking is built on the fundamental truth that…

29 Aug

4 Carjackers Sentenced To 30 Years Each By Asokwa District Court

wontumionlineNewsAsokwa District Court

The Asokwa Circuit Court One in Kumasi has sentenced four carjackers to 120 years imprisonment, each convict serving 30 years in prison. Twenty-two-year-old Jeffrey Jomoh, aka Jeff; Clifford Opoku, aka Spider, 28 years; Prince Opuni and Kwabena Kyei Baffour were convicted for a series of robbery incidents in the Kumasi metropolis. Before their arrest in 2022, they went on robbery at gunpoint and snatched a car at Kyirikrom in the Ashanti Region. According to the police prosecutor, ASP Stephen Ofori, the convicts have been engaged in a series of crimes before their arrest. "When they snatch the car, they hand…

29 Aug

In Bawumia Ghanaians Have A Wise Leader Who Doesn’t Drink Alcohol – Atta Akyea

wontumionlineNewsSamuel Atta Akyea

Member of Parliament(MP) for Akim Abuakwa South constituency in the Eastern Region, Samuel Atta Akyea, says Ghana will be blessed to have a president who does not drink alcohol. He described Dr Mahamudu Bawumia as a wise man who is bound to lead Ghana into a better future. The Lawmaker who was speaking to a charged crowd in the Eastern Region, asked the people of Ghana to be hopeful of great governance under the leadership of Dr Mahamudu Bawumia. “Ghana is blessed to have an economist who is calm and knowledgeable man and a wise man who does not drink alcohol. God has…

29 Aug

DRIP Will Boost Local Economic Development —Oti Regional Minister

wontumionlineNewsDistrict Road Improvement Programme

The Oti Regional Minister, Hon. Daniel Machator has indicated that the District Road Improvement Programme (DRIP) will enhance local economic development. Speaking at the launch of the road construction equipment in Dambai, he revealed that the "One District per set of construction equipment" was a special purpose vehicle initiated by the President aimed at decentralising road infrastructure in all metropolitan, municipal and district assemblies (MMDAs) across the country. "The programme is expected to create direct jobs, stimulate local economic development and reduce post-harvest losses since farmers will have improved roads to transport their farm produce to the market and improve…

28 Aug

Happy Man Foundation Clears GHS 21,182 In Medical Bills For New Mothers At LEKMA Hospital

wontumionlineNews

The Happy Man Foundation, a charitable arm of Charger Limited, has brought immense joy and relief to 12 new mothers at LEKMA Hospital by settling their outstanding medical bills. The foundation's generous donation of GHS 21,182 enabled the women to return home with their newborns after being held due to financial difficulties. Amanda Jissih, representing the foundation, emphasized the company's commitment to supporting the community, particularly vulnerable groups like new mothers. She encouraged others to support Charger Limited's efforts, highlighting the positive impact it has on people's lives. The donation has made a significant difference in the lives of these…

28 Aug

You Depend On Politics For Your Daily Bread, I Don’t- Chairman Wontumi Tells Mahama

wontumionlineFeatured, News, TrendingChairman Wontumi, John Dramani Mahama

Without politics, John Dramani Mahama would have been a poor man who wouldn’t be able to live the life he is currently living, Chairman Wontumi has said. The Ashanti regional Chairman of the New Patriotic Party (NPP), Mr. Bernard Antwi-Boasiako, stated that politics saved the 2024 flagbearer of the National Democratic Congress (NDC) from starving. Speaking on the Wontumi Morning Show, he explained that unlike him who does something for a living and has numerous businesses under his belt, Mr. John Mahama does nothing and solely depends on the tax payers’ money for survival. “Without politics, you are nothing. I…