OTC market is one of them. So we have developed the rules and framework, awaiting the approval from the regulator.”“The OTC market is targeted at companies, that is, public limited liability companies, that have floated shares on the GSE but are not listed. So what the exchange is doing is to create the environment for public companies to trade their unlisted shares on the market.” Afedzie added. Meanwhile, an Over-the-Counter (OTC) market is termed as a decentralised avenue in which participants can trade stocks, commodities and currencies. Participants on the platform can also trade other instruments directly between them without a central exchange or broker.

The chairman of the Chamber of Petroleum Consumers (COPEC) is the latest to make this call after a similar proposal from the Association of Oil marketing companies. This call comes on the back of reports that a lot of oil firms are collapsing, resulting in about 58 companies defaulting to a tune of about GH¢641 million in taxes. Duncan Amoah said NPA must act now. He also noted that NPA seems to be unconcerned about these happenings and urged them to focus on cleaning the sector. “Yes, the NPA sometimes sit unconcerned, without checking how these companies are able to move sometimes 10 million, 20 million litres with only three outlets or five or six outlets whose optimization should not reach there,” he added.

Sports News of Wednesday, 26 May 2021Source: www.ghanaweb.com• Boateng played for the Black Stars between 2001 and 2013• He was reportedly arrested for driving above the speed limit in Accra• He also played in the 2006 and 2010 FIFA World Cup staged in Germany and South Africa respectivelyFormer Black Stars midfielder, Derek Boateng, was reportedly arrested by the Police for exceeding the speed limit in Accra. The former Fulham midfielder was reported to be among 35 drivers who were arrested for flouting various road traffic regulations. Generally, speed limits in Ghana range from 30 to 50 km/h (20 to 30 mph) in urban areas, 80 km/h (50 mph) on Regional and Inter-Regional highways (R and IR routes), 90 km/h (55 mph) on National highways (N routes) and 100 km/h (60 mph) on motorways. “The drivers were arrested driving above the legally specified speed limit of 50 km/hr at which a vehicle could drive in the city with the Laser Cam 4-speed detection device donated to the Accra Central MTTD by the BIGRS through the AMA." “Notable among those arrested during the operation were former Black Stars player, Derick Boateng and security officers whose identities were not immediately known,” a statement from the Accra Metropolitan Assembly (AMA) said as reported by footballghana.

According to him, a woman’s hair is that one thing that draws his attention whenever he gets into contact with one. “When it comes to hair, I love it short or natural, I don’t fall for all those colourful hair. When I see a lady like that, it gives me an impression that you are not serious. You will wear high heels, where are you going with it or what do you want to achieve with it? It is like the truth is right before these ladies but they allow social media pressure get to them and they do not see it.

After going through the operational processes, Ranking Member of Parliament Health Committee, Kwabena Mintah Akandoh noted that the Committee was impressed with the measures put in place to prevent the contraction and spread of the coronavirus pandemic. Addressing the media after the tour in K.I.A on Wednesday, May 26, 2021, Mr Akandoh said despite lauding the staff for their remarkable works, there are some red flags they have identified and would discussed with the appropriate authorities. He said, “The processes are impressive and when I say it is impressive, it is the processes that they have taken us through, from the beginning to the end where you pick your luggage and then exit. Per what we have seen, we are impressed but there are yet some other discussions and other outstanding issues that we’ll clear from those policymakers.”Mintah Akandoh also suggested that the government further reduces the coronavirus test fee for Ghanaians. Currently, Ghanaians and ECOWAS members are paying $50 as test fees instead of the $150 in the airport.

Entertainment of Wednesday, 26 May 2021Source: www.ghanaweb.comNow in its 11th year, the video awards platform, which is organized by 4StyeTv held in partnership with MTN Ghana, recognizes outstanding music videos across the music industry in Ghana and Africa at large. The 2021 MVAs will reward music released between 1st January and 31st December 2020. Kuami Eugene scored the most nominations with 13 nods. He is followed by Stonebwoy with 11 nominations. Kidi also secured 9 nominations.

Speaking to GhanaWeb on condition of anonymity, the MP and Minister explained that truly, there is nothing like double salaries because the arrangement is that as ministers who are already in Parliament, they are only entitled to some allowances for doing the jobs they do. He explained that these allowances, within the range of GH¢3000, are the same for all ministers in the same category, irrespective of the sector, making it a purely sacrificial part of their job. There have been renewed discussions in the probability that MPs who serve in separate capacities as ministers actually withdraw double salaries (one from each portfolio) follow the recent epistle of the former Special Prosecutor, Martin Amidu. "Throughout my tenure as the Special Prosecutor, the respected former Attorney General, Ms. Gloria Akuffo, never referred this case to me for further investigation or prosecution. The Attorney General was instructed not to do so by the President who unconstitutionally usurped the investigatory and prosecutorial constitutional authority of the Attorney General on grounds of political expediency of having the suspects agreeable to play ball in Parliament for the Government," he wrote.

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Mr Asiedu, speaking to GhanaWeb explained that his poor health status rendered him helpless when the fuel tanker exploded. According to him, he was carried by his other son to the bush when the incident happened. At least, three people were killed after a fuel tanker hit a passenger vehicle at Onyinanufo, a community in the Ahafo Ano South West District of the Ashanti Region, and caught fire. Others had run to the bush whiles the entire town was on fire. Meanwhile, personnel from the Ghana National Fire Service (GNFS) as well as the National Disaster Management Organisation (NADMO) visited the scene.

Entertainment of Wednesday, 26 May 2021Source: www.ghanaweb.com• Ali has declared his intentions to date Wendy Shay when given the chance• The former Date Rush Contestant has expressed his admiration for the ‘Uber driver’ hitmaker• According to him, Wendy’s ability to resist public trolls is that one thing he truly admires about herFormer Date Rush contestant, Ali has professed his undying love for Ghanaian singer, Wendy Shay. According to Ali, the ‘Shay on you’ hitmaker has been able to establish for herself a strong brand which he strongly admires. He added that Wendy Shay’s resistance to public trolls and criticisms is another trait he finds attractive. “I wouldn’t mind dating Wendy Shay. I just love her and if she’s watching I’m her number one fan,” he told GhanaWeb’s Talkertainment host, Elsie Lamar.

“I know there are some who believe that the ongoing exercise of ridding our water bodies and forest zones of harmful equipment and machinery is unlawful and, in some cases, harsh. “I strongly disagree, and I would advise those who take a contrary view to go to court to vindicate their position if they so wish. “Indeed, a person in possession of a valid license but undertakes mining in water bodies or mines unlawfully, in protected forest zones also commits an illegality. “Apart from criminal violations of Act 703, the activities of such persons desecrate our environment, pollute our water bodies, and endanger the lives of present and future generations of Ghanaians. “The devastation caused by these equipment is nothing short of evil, and we should not compromise in our efforts to protect our environment, forest reserves and water bodies,” he said.

Crime & Punishment of Wednesday, 26 May 2021Source: 3news.comThe Eastern Regional Police Command of the Ghana Police Service says it has begun investigations into the alleged physical assault on a suspect by some police personnel at Akyem Abomosu. In a video making rounds on social media, police suspected to be stationed at Akyem Abomosu in the Eastern Region are seen physically assaulting a suspected armed robber with a broom. The suspect fell from the chair onto the floor while the police continued the battery. He explained that after the investigations, “the Command will take it from there and if they are found culpable, the appropriate sanctions would be applied”. “We will take action because there was an incident in the same region and the IGP has interdicted the people.”

Ansu Gyeabour whose picture has gone viral following the revelation by Kennedy Agyapong says he is being preyed on by the MP due to his past record with the Ghana Police Service. “You google Ansu Gyeabour and because of the issue I had with the Ghana police of which they’ve even apologized, you saw me as the easy target. Ansu Gyeabour denied being the person whose name was revealed by Kennedy Agyapong and threatened legal action against anyone who connects him to the murder of Hussein Suale. Ahmed Suale? Is it not stupid.”What Kennedy Agyapong saidIn an interview with Adinkra TV, Kennedy Agyapong said that the killer of Hussein Suale was based in Kumasi and goes by the name Ansu Gyeabour.

Before parliament recessed in March this year, a number of bills were pending, critical amongst them being the Affirmative Action Bill which he said is before cabinet. The Affirmative Action Bill when passed into law will ensure that a critical number of women are in key positions in governance, public life and in decision-making spaces that will improve the lives of women generally and will also lead to consequential changes in existing laws and policies to improve the lives of women. “Please the honeymoon period is over, we are in the operational period now and we will start to enforce the rules. There are a number of bills to be passed in this second meeting, like the Affirmative action bill, I urge all Members to be present always so all these bills can be passed,” he saidThis second meeting according to Speaker Bagbin will also consider, the Supplementary Appropriation Bill, 2020, the Ghana Standards Authority Bill, the Exemption Bill, the Consumer Protection Bill, the Petroleum Revenue Management (Amendment) Bill, and the Advertising Council Bill. On the proposed amendments to the standing orders, the Speaker announced that the Standing Orders Committee met during the recess and decided, upon concluding its work, to present it to the House in accordance with the provisions of Art, 11(7) of the 1992 constitution and orders 77 and 166 of the Standing Orders of the House.

Business News of Wednesday, 26 May 2021Source: www.ghanaweb.comThe 2020 National Democratic Party Parliamentary Candidate for Ayawaso West Wuogon, John Dumelo, has lamented about the high cost involved in the use of delivery services in the country. The actor and politician in a tweet sighted by GhanaWeb on May 24, 2021, wrote: “Delivery charges are too high. Guys, how can we solve this issue?”Currently, in Ghana, the most preferred form of delivery services are those being run by motorbikes popularly, known as ‘Okada’. “Delivery services are different from retailers. Mr Amoako Adu also added: “Mr Dumelo, what you must know is the fare or price of a delivery services doesn't depend on the amount of package bought.