Business News of Thursday, 3 June 2021Source: www.ghanaweb.com• The Deputy Director-General of SEC has said that the commission is putting measures in place to finally declare its position on cryptocurrency• He said the country is still against cryptocurrency trading• He said few experts will be contacted to dialogue with SEC and come up with a policy position that will then inform how to tackle the issueThe Securities and Exchange Commission (SEC) will in the next few weeks outdoor its policy position on cryptocurrency trading which will indicate the way forward for trading in the blockchain. This will be after proposals from key industry and experts through engagements, with advice from the Bank of Ghana as well. Speaking with Joy Business closely monitored by GhanaWeb, the Deputy Director-General of SEC, Paul Ababio he noted that, the commission will state its final position on the cryptocurrency trading after the dialogue. Because these are cross-border transaction, we will obviously rely on the bank of Ghana as well for consultation and in the next few weeks, we will come up with a policy position around that,” he said. However, the capital market regulator has warned that cryptocurrency transactions are still illegal in the county and has advised the public to stay away from them.

June 03, 2021 10:18 UTC

Crime & Punishment of Thursday, 3 June 2021Source: www.ghanaweb.comCorrespondence from Ashanti Region:Police in the Ashanti region have launched a manhunt for some suspected robbers who killed one person and made away with GHC138,000. The robbery incident took place at Buokrom on Tuesday at around 3:30pm on June 1, 2021. ASP Godwin Ahianyo, the Ashanti regional Police PRO speaking to Ghanaweb said the police are seriously investigating and searching for the robbers who perpetrated such a criminal act. Mr. Ahianyo further disclosed in the operation, four armed men on a motorbike attacked a business venture called Consult Agency limited at Boukrom Estate Junction at a gunpoint and robbed a sum of GHC138,000.00The armed men in the process shot a 43-year-old Collins Dapaah who happened to be a customer at the scene. According to Mr. Ahianyo, the victim was later rushed to the Manhyia Hospital for treatment but was however pronounced dead upon arrival.

June 03, 2021 10:07 UTC

Speaking on Peace FM, Kweku Baako counselled that, conversations on presidential jets have over the years been politicized which has not done the country any good. According to him, some of Ghana’s past leaders had to deal with the issue of national uproar over presidential jets. Falcon, Kufuor suffered from it. Let me read this from Politics in Ghana “1972 to 1979, page 127 “In September 1978, a specialized jet plane, allegedly ordered by General Acheampong. Baako was addressing the issue President Akufo-Addo’s alleged $15,000 per hour aircraft to France and South Africa.

June 03, 2021 09:22 UTC

General News of Thursday, 3 June 2021Source: www.ghanaweb.com• Days after the court ruled that the Achimota School should admit the two Rasta boys, one of them has been spotted at the school• The photos seen on Twitter show Oheneba with his parents at the school administration block• He is believed to be there to complete the processes for his admission into the schoolOheneba Nkrabea, one of the two Rastafarian boys who has been in the news in the past months over the refusal of the Achimota School to admit them has been spotted with his family at the school. In photos shared by TV3 Ghana via its Twitter account, the boy whose dreadlocks became an issue and his parents are captured at the school's administration block, carrying items such as brooms and a black polythene bag. It is reported that Oheneba, with his family, are there to complete the admission process. This follows a landmark ruling by an Accra Human Rights Court earlier this week that the Achimota School had no basis to turn away the two boys because of their dreadlocks. The court ruled that Tyrone Marhguy and Oheneba Nkrabea should be admitted into the school, an order the Achimota School Board said it is going to appeal.

June 03, 2021 07:52 UTC

General News of Thursday, 3 June 2021Source: www.ghanaweb.com• Sir John's final funeral rites start today at his hometown• The politician died from COVID-19 implications• Prior to his funeral, a photo of his plush resting place has gone viral on social mediaThe final funeral rites of Sir John is slated for today, Thursday, June 3, 2021, at his home town, Sakora Wonoo, in the Kwabre East District of the Ashanti Region. Before the funeral service, a photo of the NPP bigwig's final resting place has popped up on social media. The photo showed a painted walled and gated edifice looking like a 2-bedroom house with a huge picture of Sir John mounted on it. Sir John, known in private life as Kwadwo Owusu Afriyie, was born in 1957. Find below the photo of Sir John's plush final resting place.

June 03, 2021 06:53 UTC





Entertainment of Thursday, 3 June 2021Source: www.ghanaweb.com• Shatta Wale wants musicians to take their work serious• He has advised them to invest in their craft• A few artists have lot revenue due to lack of knowledge in digital streamingGhanaian dancehall musician, Shatta Wale, has urged artistes to take music as a serious career that requires investment in education and the craft. Charles Nii Armah Mensah as he is originally known stated in his debut ‘State of the Nation Address’ he has observed with great concern how some musicians do not take their craft and music career serious. “I want to plead with musicians in Ghana to pay some more attention to the business side of their craft, Shatta Wale said as monitored by GhanaWeb. This according to Shatta Wale requires the investment of time and education to get a full understanding of how the industry has evolved. He noted that investing in their craft would go a long way to ensure that artistes earn money even after quitting music.

June 03, 2021 06:33 UTC

General News of Thursday, 3 June 2021Source: www.ghanaweb.com• The AG says the NPP Women's Organiser will be prosecuted if found culpable• He indicated she is currently being investigated• Dame stressed the laws relating to galamsey no matter your nationality or political affiliationGodfred Yeboah Dame says Kate Gyamfua, the National Women’s Organiser of the governing NPP, is being investigated regarding issues of galamsey. According to the Attorney General and Minister of Justice, when she is found guilty, the laws of the state will be applied to her. “There will be the application of the law regardless of political, religious, ethnic or national affiliation,” Dame told JoyNews in an interview monitored by GhanaWeb. When asked if the laws will still apply even if there are NPP members, the Attorney General said:“100%. Eight of the excavators and a bulldozer destroyed allegedly belong to the National Women’s Organizer of the ruling New Patriotic Party, Kate Gyamfua.

June 03, 2021 06:22 UTC

General News of Thursday, 3 June 2021Source: www.ghanaweb.com• The AG is of the view that the media should not talk about Aisha Huang again• He said, for now, her memory is banished forever• He said the state is prosecuting a lot of Chinese nationals in the renewed fight against galamseyGodfred Yeboah Dame has appealed to the media to stop referring to Chinese galamsey kingpin Aisha Huang in any galamsey case because there are prosecutions of Chinese nationals ongoing so, it makes her memory banish forever. According to him, there are a lot of prosecutions going on regarding those involved in the galamsey activities yet people are creating all sorts of erroneous impressions to propagate otherwise. “As many as about 45 persons are being prosecuted since May 12, 2021, in five different cases and the prosecution involves as many as 10 Chinses nationals; so, the memory of Aisha Huang should be banished forever,” the Attorney General told JoyNews on Wednesday, June 2, 2021, as monitored by GhanaWeb. Yeboah Dame hinted that those who are being prosecuted are people who “engaged in acts prohibited by law. They were engaged in acts that have been proscribed and it is clearly criminal, illegal and they are being put before the court.”He noted that in one of the cases, the persons behind are Chinese and a Ghanaian.

June 03, 2021 06:22 UTC

General News of Thursday, 3 June 2021Source: www.ghanaweb.com• The High Court ordered Achimota School to enrol the two Rastafarian students• The Court indicated that the fundamental human rights of the students cannot be limited• The two Rasta students were denied enrollment because they had dreadlocksThe Human Rights Division of the Accra High Court presided over by Justice Gifty Agyei Addo on Tuesday ordered the Achimota Senior High School to admit two Rastafarian students it initially denied enrollment over failure to trim their dreadlocks. The school authorities argued that it was against the school rules to admit students with such hairstyles. The students, Tyron Iras Marhguy and Oheneba Kwaku Nkrabea, through their parents, sued the School’s Board of Governors, Education Minister, Ghana Education Service and the Attorney General to enforce their fundamental Human Rights. According to Justice Addo, the fundamental human rights of two students cannot be limited. Adding that, “while the Board remains committed to the appeal against the High Court ruling, it will withdraw the application for a stay of execution pending the determination of the appeal by a higher court.”Read below the full High Court judgement:

June 03, 2021 03:35 UTC

In a post on social media, Dr Amoah advanced the argument it is unethical for a company affiliated with the Finance Minister to serves as transactional advisors on government loans. The Finance Minister, the architect of Ghana’s Big Loans, must not benefit PERSONALLY in any shape or form from the loans; it's a conflict-of-interest and violation of our sacred trust in him”, he posted on Twitter. In the last couple of months, Dr Kofi Amoah has been championing an agenda to have the government of Ghana stop its excessive borrowing. According to Dr Amoah, excessive borrowing which usually goes into consumption only cripples a country’s economy and future. Adongo’s accusations and reply from Ministry of FinanceIsaac Adongo in a social media post lamented the use of firms owned by Finance Minister Ken Ofori-Atta and Minister of Finance designate Dr Charles Adu Boahen as transactional advisors for government financial deals.

June 03, 2021 03:22 UTC

General News of Wednesday, 2 June 2021Source: www.ghanaweb.comMinister of State-nominee at the Ministry of Finance, Charles Adu Boahen has described as false a claim that he selected a firm he once served as a board member as primary dealer and bond market specialists on bonds issued by the state. The said company, Black Star Advisors has been the subject of wild speculation notably from NDC MP for Bolgatanga Central Constituency in the Upper East Region, Isaac Adongo, citing Mr Boahen as a key member and part of the management of the company that was among 9 firms selected by the Ministry of Finance as advisors on bonds issued by the state. However, responding to the claim when he appeared before the Appointments Committee of Parliament on Thursday, May 2, 2021, Mr Boahen said the assertion is categorically untrue and perpetuated by certain individuals to defame him and malign his character and integrity. “Mr Chairman, as I mentioned earlier, I resigned from the board and management of Black Star Advisors in 2017. I have no role, and I do not participate in their business dealings,” he said.

June 02, 2021 21:11 UTC

Sports News of Wednesday, 2 June 2021Source: www.ghanaweb.com• Vinicius has been sacked by Kotoko for reasons yet to be known• Vinicius joined Kotoko in March on a free transfer• His exit was confirmed by coach Mariano Baretto after their victory over BYFAKumasi Asante Kotoko have parted company with Brazilian striker Michael Vinicius after just three months. This was announced by coach Mariano Baretto after the club’s 2-0 victory over Bekwai Youth Football Academy in the FA Cup. Vinicius joined Kotoko in March on a two-and-half-year deal on free transfer. Since his arrival, Vinicius has featured in a handful of games for Kotoko scoring two goals. The Brazilian has reportedly been away from the team for some weeks and now Baretto has confirmed that he is no longer a Kotoko player.

June 02, 2021 18:11 UTC

General News of Thursday, 3 June 2021Source: peacefmonline.comSeasoned Journalist, Abdul Malik Kweku Baako, has advised the management of the Achimota School not to seek an appeal over the High Court ruling that two Rastafarian students must be admitted into the school. But the Achimota school Board says they disagree with the court ruling and has, therefore ''directed its lawyers to appeal against the ruling''. The school board disagrees with the ruling of the court," the school further said in a press statement copied to Peacefmonline.com. To Kweku Baako, the Achimota school and Rastafarian students' brouhaha is a non-issue. He, therefore, asked the school Board to drop their appeal.

June 02, 2021 17:15 UTC

Business News of Wednesday, 2 June 2021Source: www.ghanaweb.com• Transport fares across the country are up by 13 percent• The increment will take effect from Saturday, June 5, 2021• The decision is in line with the administrative Arrangement on Public Transport Fares the Road Transport. Transport commuters are likely to witness a 13 percent upward adjustment in fares from Saturday June 5, 2021. According to a statement issued by the Road Transport Operators, the increment is in line with the administrative Arrangement on Public Transport Fares the Road Transport. “Operators have received the prices of various components that go into, the running of, commercial transport services.”“After long and difficult negotiations with stakeholders, a 13 percent upward adjustment in public transport fares across all category of services has been agreed upon,” the statement read in part. Read the full statement and new fares list below:

June 02, 2021 17:10 UTC

According to him, the breakdown of the deal was basically due to an invalidation of the guarantee established in the deal between the parties. Speaking during his vetting before the Appointments Committee of Parliament, he said that the contract had to be cancelled after the invalidation was noticed. And if it was not valid then that means the whole contract was invalid and hence had to be cancelled," he said. Asked by Mohammed-Mubarak Muntaka, the Asawase Member of Parliament, if the country lost money in the PDS deal, this is what he had to say:"No. Actually, we averted the possibility of losing money if something had happened to the ECG asset," he answered.

June 02, 2021 16:30 UTC