NEWS 7

President Nana Addo Dankwa Akufo-Addo has expressed that the 2020 races won't aggravate the tranquility of the nation. He said in spite of the fact that the political air would get "more smoking and more sultry", that would not the slightest bit dive the nation into disarray. He said in spite of the adverse picture a few people posted via web-based networking media about the risk to harmony, everything was remaining in Ghana. "We haven't separated, the nation is still in one piece," he said. The President was tending to some Ghanaians in the United States of America (USA) at a supper sorted out by Ghana's Permanent Mission to the United Nations (UN). On track In a location at a supper composed in his respect, the President noticed that "as you can envision, starting now and into the foreseeable future as the decisions call, the environment will get more sweltering and more blazing and an ever increasing number of things will be said...

  African countries have committed to enhancing the development of blue economy as the engine of growth as it has the potential of driving industrialization, alleviating poverty, increasing food security and creating job opportunities. During a blue economy side event held at the 7th Tokyo International Conference on African Development (TICAD7), African government representatives agreed that countries stand to reap maximum benefits from utilizing seas, oceans, lakes, rivers and other water resources for sustainable socio-economic development. “We believe that blue economy is the new frontier for Africa’s renaissance”, said Kenya’s Foreign Affairs Cabinet Secretary, Ms. Monica Juma. Several African countries are already formulating strategies to mainstream blue economy in their national development plans and the concept is gaining traction across the continent. Three countries, South Africa, Mauritius and Seychelles, are leading African initiatives, implemen...

The Accra High Court has directed the Bank of Ghana (BoG) and other respondents not to act in a way that will jeopardise the outcome of an application for interlocutory injunction on the revocation of the licence of GN Savings and Loans Company Limited. Mr Justice George Koomson, who is presiding over the case, said all acts and processes being undertaken as part of moves by the BoG to hand over the operations of the company to a receiver must be put on hold until the final determination of the injunction application. The court also gave the defendants eight days to file their response and legal arguments. Hearing continues on Thursday, September 19, 2019. Background The Chairman of Groupe Nduom (GN), Dr Papa Kwesi Nduom, and two others are praying the High Court to direct the BoG and its agents to restore the collapsed GN Savings and Loans Company Limited to its former status. The application for an order for interlocutory injunction is seeking the restoration of the savings and lo...