Minority Archives - Page 2 of 2

23 Aug

Minority’s Claim We Were Rejected By International Banks False – COCOBOD

wontumionlineBusinessCOCOBOD, Minority

COCOBOD has strongly denied allegations made by the Minority, led by Dr. Cassiel Ato Forson that it was rejected by international banks in its attempt to secure a $1.5 billion loan for the 2024/2025 cocoa crop season due to poor financial health. In a statement issued on August 22, 2024, COCOBOD refuted these claims, stating that syndicated banks had indeed submitted term sheets in response to its Request for Proposals (RFP), demonstrating confidence in its creditworthiness. COCOBOD also criticised the Minority for spreading "falsehoods and inaccuracies" about the cocoa sector and rejected the claim that its move to source funding domestically was…

04 Dec

BoG Cites RTI Exemptions On Initial Decision To Situate Head Office At Marine Drive Enclave

wontumionlineBusinessBoG head office, Minority

The Bank of Ghana (BoG) says it will not disclose details regarding its original decision to situate its controversial head office at the Marine Drive enclave. North Tongu MP Samuel Okudzeto Ablakwa had filed a Right to Information (RTI) request on the alleged payment of $5 million to Marine Metro Development Limited as part of the central bank’s initial commitment to situate its head office at the enclave. The controversial head office is now being built at Ridge and Mr Ablakwa had asked the BoG to explain why the Marine Drive Development Limited has not refunded the $5 million it received. In…

14 Sep

Government Declares War On Cocoa Smuggling Following Drop In Output

wontumionlineBusinessCOCOBOD, Joseph Boahen Aidoo, Minority

Government has declared a war on cocoa smuggling to neighboring countries. This follows a drop in the latest production output of about four hundred thousand metric tons which translates into almost 600 million dollars in loss to the state. Documents available to JoyNews suggest the drop was a result of the smuggling of the beans to neighboring countries, especially Cote d’Ivoire, Burkina Faso, and Togo. Subsequently, government adjusted the producer price in the hope of encouraging farmers and preventing smuggling. Speaking during an interview, the Food and Agricultural Minister, Bryan Acheampong said steps have also been taken to deal with…

14 Aug

BoG Issues: It’s Either The Minority Are Exaggerating Or Haven’t Examined The Facts – Majority Leader

wontumionlineBusinessbank of ghana, Minority, Osei Kyei-Mensah-Bonsu

The Majority Leader Osei Kyei-Mensah-Bonsu has said it is either the Minority in Parliament are exaggerating the issues of the Bank of Ghana (BoG) are have not had the time to examine the facts of the central bank. The Minority in Parliament accused the Bank of lacking reasonable justification for the substantial amounts of money printed in 2021 and 2022 to finance the government. They contend that the action of the BoG is in direct breach of the governing law. They note that the printed amounts—GHS 35 billion in 2021 and GHS 42 billion in 2022—are far beyond the legally…

10 Aug

Attacks On Bank Of Ghana Unfounded – Stephen Amoah

wontumionlineBusinessbank of ghana, Dr Stephen Amoah, Minority

The attacks on the Bank of Ghana (BoG) by the National Democratic Congress (NDC) and their Minority in Parliament for the GH¢60.8billion loss, are unfounded, Deputy Minister of Trade And Industry Dr Stephen Amoah has said. Dr Amaoh said that the central bank has stated clearly the causes of the problems. The Minority Leader Dr Cassiel Ato Forson had accused the Akufo-Addo administration of preparing the grounds for the collapse of the financial sector. He said the government has been reckless in the management of the economy which has pushed the Bank of Ghana into financial difficulties. Their recklessness and…

07 Jul

Perform Your Duty And Leave Court To Decide Gyakye Quayson’s Fate- Hon George Obeng Takyi

wontumionlineFeatured, News, Trendinghon George Obeng-Takyi, Minority, Movement In The Morning

Member of Parliament for Manso Nkwanta, Honorable George Obeng Takyi, has expressed his grief and disappointment over the minority neglecting Parliament sitting for Gyakye Quayson's court hearing. In an interview with Kwaku Dawuro, on Movement In The Morning, on Movement TV/Wontumi radio, Hon Takyi, bluntly shared his opinion on minority in Parliament boycotting a sitting to support MP for Assin North James Gyakye Quayson's court hearing. According to him it gives an impression of their level of impotency, in relation to the various positions taken up by them in Parliament to better their constituencies. In response to his opinion regarding…

16 Jun

Minority Lament High Cost Of Housing Units Constructed By State Housing Company

wontumionlineBusinessMinority, State Housing Company

Minority members on the Works and Housing Committee of Parliament say prices of housing units constructed by the State Housing Company are too high. According to them, even the average Ghanaian and the middle class cannot afford to buy them. The prices for various developments undertaken by SHC and inspected by the committee range from GH₵800,000 to GH₵1.1 million around Adenta and Amrahia in Accra. Speaking to JoyNews, Minority Spokesperson on Works and Housing, Vincent Oppong Asamoah said even he, a privileged MP cannot afford that price and wondered where a low-level civil servant will get such an amount to purchase…

22 Dec

Minority ;Loses By 1 Vote In Quest To Reject VAT Amended Bill

wontumionlineBusinessMinority

Despite stiff opposition to the 2.5 percent increment in the Value Added Tax (VAT) as contained in the 2023 budget statement, the Minority could not marshal the needed numbers to win the voting called. After a heated debate on the floor of Parliament Thursday dawn, the matter was put to voting and the Majority won. The Majority won with 136 votes as against the Minority’s 135. The introduction of the 2.5 percent increment in VAT in the 2023 budget read on Thursday, November 24 came as a surprise to many, especially given the resistance by the current president, then a…

04 Oct

We’ve Got Better Things To Do And Not To Be Responding To Allegations- Kafui To NDC

wontumionlineFeatured, News, TrendingAllegations, Kafui Amegah, Minority

A communications team member of the ruling New Patriotic Party (NPP), Kafui Amegah has said that the NPP has got better things to be dealing with and not to be responding to allegations from the NDC. According to him, these allegations are tactical means to divert attention from the numerous good projects the government is executing. He told Kwaku Dawuro on Movement in the morning show that "so, until when will the NDC sit to learn sense that Ghanaians have moved from the stage where they thought we had short memories? They have decided to stage throwing their tantrums on…