Ofori Atta Archives - Wontumi Online

18 Feb

Ofori Atta To Return To Ghana In MAY

MAW Wontumi0 CommentsFeaturedOfori Atta

Former Finance Minister is expected to return to Ghana in May 2025 following a medical assessment abroad. Mr Ofori-Atta's lawyers have been in contact with the OSP and have confirmed his scheduled return. This eas contained in a letter sent to the OSP by Ofori Atta’s lawyers. “We acknowledge receipt of your letter dated February 17, 2025, we respectfully indicate that our client who is much due for his return cannot be any time before six to eight weeks of his possible surgical intervention as stated in the hospital’s letter." “Our clients hold that taking into account surgical dates from…

18 Feb

Ofori-Atta’s Residence Raid: No Search Warrant Was Produced- Richard Jakpa Exposed

MAW Wontumi0 CommentsFeaturedOfori Atta, Richard Jakpa

A recent news report announcing Richard Jakpa's appointment as Director of Special Operations at the National Security Secretariat has sparked controversy. The report claimed that Jakpa presented a search warrant to staff at the Ofori-Atta residence, which was allegedly executed without hindrance. However, a closer examination of the events reveals discrepancies in the narrative. According to eyewitness accounts, guests are welcome at the Ofori-Atta residence, and on the day in question, the visitors knocked, honked, and were let in. Three employees, including a security guard and a housekeeper, interacted with the visitors, but none were shown a warrant. Two videos…

22 Jan

How Can Ofori-Atta Do This To Me- Emotional MP Disappointed That Finance Minister Is Campaigning Against Him (VIDEO)

wontumionlineFeatured, News, TrendingCampaign, Fanteakwa South, Ofori Atta

The Member of Parliament for Fanteakwa South, Hon. Kofi Okyere Agyekum better known as Arafat, has expressed disappointment in Finance Minister, Ken Ofori Atta for coming over to the constituency to allegedly campaign for his brother Jude Ofori Atta, against the incumbent MP, Arafat. He disclosed that on the 9th of January, whiles some Ghanaians were threatening a dumsor demonstration which was orchestrated by some debt owed the Ghana Gas, the finance minister was also busy campaigning for his brother in the Fanteakwa South constituency for the upcoming Parliamentary primaries. He alleged that Ken Ofori Atta was in the constituency…

06 Dec

Tourism Sector To Receive GH¢400 Million Boost Next Year – Ofori -Atta

wontumionlineBusinessOfori Atta

Government will invest over GH¢400million in revamping the tourism sector next year, Finance Minister, Ken Ofori-Atta has disclosed. The amount, the minister explained, will be used to establish new tourist attraction sites such as museums, rehabilitate and upgrade existing attractions – including the Monkeys Sanctuary at Shai Hills, Mole National Park, Cape Coast and Elmina Castles, among many others across the country. “At a more micro-level, next year, the government, in conjunction with our development partners, will commit over GH¢400million to provide new tourist attractions in addition to renovating existing ones,” the minister announced in his keynote address at the Ghana Tourism…

23 Nov

Why Is Ofori-Atta Still At Post, Mr. President? – Kafui Amegah Questions

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A member of the NPP's communications team, Mr. Kafui Amegah, has advised President Akufo-Addo to sit up. He said if the President wants the NPP to win the 2024 elections, then there are certain things he must do to ensure that he wins the heart of Ghanaians. " Why is President Akufo-Addo still keeping Honourable Ken Ofori Atta at post when the system needs to restore confidence...The system is not breathing. Oxygen will be given to most people very soon so why won't the President take off oxygen of them...We are businessmen, yet we are suffering, and it is because…

18 Nov

Govt Committed To Completing Ongoing Projects – Ofori-Atta Assures

wontumionlineFeatured, News, Trending2024 budget, Gov't's project, Ofori Atta

The Finance Minister, Ken Ofori-Atta, says the government’s 2024 budget is aimed at consolidating and completing ongoing infrastructure projects across the country. Following the presentation of the budget on Wednesday, November 15, 2023, by the Finance Minister, the Minority bemoaned the lack of commitment on the part of the government to clear debt owed to road contractors, which has contributed to about 80 percent of them abandoning sites. Speaking at the post-budget workshop in Parliament, the Finance Minister, Ken Ofori-Atta, said the government will ensure that the debts owed to contracts are cleared to pave the way for the onward…

20 Sep

Ghana’s Economy Hits Brakes: Q2 Of 2023 Growth Rate Slows To 3.2%

wontumionlineBusinessDDEP, Economy, GDP, Ofori Atta

The latest GDP figures released by the Ghana Statistical Service have highlighted a decline in the growth of the Ghanaian economy, particularly in the industrial sector, which continues to face challenges. During the second quarter of 2023, the economy expanded at a rate of 3.2%, a figure notably smaller than the previous year’s performance (3.5%). Several key subsectors, including construction, electricity, and manufacturing, all experienced contractions during this period, contributing to the overall economic slowdown. Statistical Service also revised the growth rate for the first quarter of 2023, adjusting it from the earlier reported 4.2% down to 3.3%. In the…

30 Aug

DDEP: I Told Akufo-Addo, Ofori-Atta That Giving Banks Haircut Just After Cleanup Was Wrong But I Was Ignored – Pianim

wontumionlineBusinessKwame Pianim, Ofori Atta

A renowned economist, Kwame Pianim, has said he put together a team of financial experts and discussed the impact of the Domestic Deebt Exchange Programme (DDEP) on banks and submitted a memorandum to President Nana Addo Dankwa Akufo-Addo, Vice President Dr Mahamudu Bawumia, and Finance Minister Ken Ofori-Atta but the concerns was ignored. He stated that giving the banks a haircut just after the cleanup exercise in the baking sector was wrong. On Monday, January 23, the Government of Ghana and the GAB reached an agreement on the new terms for the Domestic Debt Exchange programme. The banks had earlier rejected…

21 Dec

Ofori-Atta Mentions Ready Policies After Economic Recovery; Sees 2023 s ‘Comeback’ Year

wontumionlineBusinessOfori Atta

Minister of Finance Kenneth Nana Yaw Kuntunkunuku Ofori-Atta has hinted at some planned programmes by government if the country recovers from the current economic downturn. He said the programmes will ensure a robust economy for the future. “The ensuing years will focus on entrepreneurial and export-driven economy as we grow the economy to protect and create jobs, tackle inflation and strengthen our economy,” he stated in a nationwide broadcast on Monday, December 19. He added that “importation of food should soon be a thing of the past”. Ghana’s economic crisis has reached unsustainable levels with the country going to the International…

29 Nov

Ghana’s Public Debt Increased By GH¢93 Billion Due To Cedi Depreciation – Ofori-Atta

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Ken Ofori-Atta, Minister of Finance, stated in the 2023 budget statement that Ghana’s public debt has increased by GH¢93 billion ($6.53 billion at the current rate) due to the depreciation of the Ghanaian cedi alone since the beginning of 2022. According to him, the said amount is twice more than the much-anticipated $3 billion bailout Ghana is seeking from the International Monetary Fund (IMF). In the 2023 budget statement, the cedi has depreciated by 53.8% and 54.2% against the dollar as of October 2022 and November 2022. The depreciation is due to the fact that the country cannot access the International Capital…