Dr. Mahamudu Bawumia Archives - Page 2 of 3

17 May

Bawumia Defends Banking Sector Clean-Up, Claims It Prevented Collapse Of The System

Wontumi2BusinessDr. Mahamudu Bawumia

Dr. Mahamudu Bawumia, flagbearer of the New Patriotic Party (NPP), has asserted that the banking sector clean-up was essential to prevent the total collapse of Ghana’s banking system. During a discussion with members of the clergy in the Northern Region, Dr. Bawumia revealed that the government had to make the tough decision to allocate GH¢25 billion to revoke the licenses of 420 banks and specialized deposit-taking institutions. This move was aimed at protecting the deposits of over 4.6 million depositors. Dr. Bawumia emphasized that this decision also helped preserve numerous jobs in the sector. “One of the biggest nightmares I had…

16 May

Ghana, Rwanda Frontrunners In Creating Conducive Environment For Fintech Startups – Bawumia

Wontumi2BusinessDr. Mahamudu Bawumia

Vice President Dr Mahamadu Bawumia, says Ghana and Rwanda are leading the way in developing a favourable environment for fintech start-ups in Africa. He noted that start-ups and investors were mindful to commit resources to African markets since the regulatory framework is unfavourable for businesses in the financial ecosystem to thrive. “Countries such as Ghana and Rwanda have made significant strides by implementing a proactive regulatory framework to help start-ups in the fintech space to evaluate their services before rolling out,” he said. The Vice President said this on the second day of the 3i Africa Summit 2024 in Accra,…

15 May

GHC177m Will Be Released To Pay Nursing Trainee Allowances By Thursday – Bawumia

Wontumi2NewsDr. Mahamudu Bawumia

In a celebration of this year's International Nurses Day, Vice President Dr. Mahamudu Bawumia announced that the government would transfer over GHC177 million within the next seventy-two hours to pay allowances to nursing trainees. Dr. Bawumia addressed the concerns raised by trainee nurses regarding the delay in receiving their allowances, which they claimed had impacted their practical training. In response, he assured that the Controller and Accountant-General had been instructed to expedite the payment process. "I wish to assure the nursing trainees that by Thursday this week, the Controller [And Accountant-General] is transferring an amount of GHC177 million to the Ministry of…

02 May

Bawumia Set For Campaign Tour In Western North On May 3

Wontumi2NewsDr. Mahamudu Bawumia

The New Patriotic Party's Presidential Candidate, Dr. Mahamadu Bawumia, is gearing up for a campaign tour in the Western North Region starting on Friday, May 3, 2024. The tour aims to engage key stakeholders across various sectors. According to a statement issued by Mr. Felix Foster Ackah, the Regional Secretary of the Party, Dr. Bawumia will hold separate meetings with religious leaders, including clergy and imams. Additionally, he will pay a courtesy visit to the Western North Regional House of Chiefs at the Regional Coordinating Council. The campaign itinerary also includes interactions with market women and taxi drivers at the…

11 Apr

I Will Always Stand Opposed To The Practice Of LGBTQ- DR. Bawumia Declares Stance

Wontumi2Featured, NewsDr. Mahamudu Bawumia, LGBTQ+

The Vice President of the Republic of Ghana, Dr. Mahamudu Bawumia has declared his stance on the activities of LGBTQ. Speaking during the Observation of Eid-prayers in Kumasi on Thursday, the Flag bearer of the New Patriotic Party, emphatically opposed the practice of LGBTQ in Ghana. Stressing that it's important to note that the Ghanaian culture and society norms, frowns on the practice of homosexuality. “Furthermore, as a Muslim, my view on this matter aligns with the position of my religious faith. The Holy Quran is replete with verses frowning on LGBTQ acts, including same-sex marriages. My faith is therefore…

08 Feb

Salute And Give Particular Recognition To BoG For Pulling Economy Back – Bawumia

Wontumi1BusinessBoG, Dr. Mahamudu Bawumia

Vice President, Dr. Mahamudu Bawumia, has urged Ghanaians to salute and give particular recognition to the Bank of Ghana, which has come under unfair criticism for taking the necessary measures to help pull the economy back from the brink of collapse. According to him, the central bank provided needed financing to the government at that critical moment. “What the Bank of Ghana did was very responsible, in putting the interest of the good citizens of Ghana first”, he disclosed when addressing the nation. The Vice President also said the data available shows that the financing provided to government by the…

31 Jan

9th UK-Ghana Business Council: Two MoU On Automotive And Science, Innovation And Technology Signed

Wontumi2Featured, NewsDr. Mahamudu Bawumia

Ghana has signed two Memoranda of Understanding with the United Kingdom at the end of the 9th UK-Ghana Business Council Meeting in Accra on Wednesday January 31, 2024. The two agreements signed, were on science, innovation and technology, as well as on the automotive industry. On science, innovation and technology, the agreement is expected to drive economic prosperity through science and technology, while the MoU on automotive, signed between the UK’s Society Motor Manufacturing and Traders’ Industry Forum and the Ministry of Trade’s Auto Development Centre, agrees to pursue skills, knowledge and technology transfer partnerships, as part of the JET…

04 Dec

Let’s Uphold Our Festivals To Embody Our Spirit Of Peace, Unity And Development – Dr. Bawumia Urges

Wontumi2Featured, NewsDr. Mahamudu Bawumia

The Vice President and Flagbearer of the NPP, Dr. Mahamudu Bawumia has spoken of the significant role the celebration of festivals play in the preservation of Ghana's rich cultural heritage. Speaking in Nandom, in the Upper West Region on Sunday December 3, 2023, at the launch of the 23rd edition of the Kakube Festival, Dr. Bawumia said, festivals, such as the Kakube Festival, hold a "special place in the rich tapestry of Ghana's cultural heritage," and therfore, called for the promotion of festivals to preserve Ghana's rich culture, and also promote development. "As we gather here amidst the vibrant display…

01 Nov

Dr Bawumia Rounds Up Nationwide Flagbearer Campaign With Rally In Bolga

Wontumi2Featured, NewsDr. Mahamudu Bawumia

Dr Mahamudu Bawumia, frontrunner in the governing NPP's flagbearer contest, has rounded up his nationwide campaign with a rally at the Upper East Regional capital, Bolga. Attended by thousands of delegates in the Upper East Region, the Ashanti, Eastern, Greater Accra, Northern, North East and Upper East Regional Chairmen, recognized bodies in the party and volunteer groups, the rally was the culmination of months of Dr Bawumia visiting all 16 regions to directly engage delegates for the November 4th contest and lay out his vision for the party and future government. Accompanied by his spouse Hajia Samira Bawumia, Dr Bawumia…

03 Oct

Veep Urges Business Leaders To Prioritise Sustainability

Wontumi2BusinessDr. Mahamudu Bawumia

Vice President Mahamudu Bawumia has advised business leaders to prioritise sustainability in their operations by adopting eco-friendly practices. He advised them to collaborate with government and other stakeholders as well as adopt innovative business modules to foster social and environmental well-being. This, he noted, will add to efforts being made to achieve the United Nations Sustainable Development Goals (SDGs) by 2030. Dr. Bawumia said this in a keynote address at the 2023 Ghana Chief Executive Officers Awards, which acknowledges and rewards the contributions of corporate executives and entrepreneurs who are making outstanding efforts to attain sustainable development in the country.…