Punitive actions must follow findings of audit reports – Tax expert
Dr. Abdallah Ali-Nakyea explained that it is has become a tradition for findings from the annual reports from the department not to be given the needed punitive actions and that should stop, citinewsroom.com has reported. He added that instead of turning the release of the annual report into a mere ritual, prosecutions in particular to be meted out to offenders from these reports. He explained that the country will then “be giving meaning to the audit report” when the right mechanisms are used to retrieve these monies. “…else it becomes an annual ritual that does not bring money back into government coffers. In the 2020 audit report, it was established that financial irregularities committed by various statutory institutions totaled GH¢12.8 billion.
Source:GhanaWeb
August 17, 2021 09:33 UTC
Punishments should replace rituals of findings of audit reports – Tax lecturer
Dr. Abdallah Ali-Nakyea explained that it is has become a tradition for findings from the annual reports from the department not to be given the needed punitive actions and that should stop, citinewsroom.com has reported. He added that instead of turning the release of the annual report into a mere ritual, prosecutions in particular to be meted out to offenders from these reports. He explained that the country will then “be giving meaning to the audit report” when the right mechanisms are used to retrieve these monies. “…else it becomes an annual ritual that does not bring money back into government coffers. In the 2020 audit report, it was established that financial irregularities committed by various statutory institutions totaled GH¢12.8 billion.
Source:GhanaWeb
August 17, 2021 09:33 UTC
Floods: 722 farms lost, 336 households displaced, roads destroyed in upper west
Regional News of Tuesday, 17 August 2021Source: classfmonline.comHeavy rains in the Upper West Region have destroyed a lot of roads, farmlands, and households in that part of Ghana. A total of 1,605 people had their 722 farmlands washed away while 336 households got destroyed. “They were heavily affected by the floods on Friday”, Mr. Ahmed said. Roads Minister Kwesi Amoako-Atta toured the affected areas on Monday to inspect the level of destruction caused to the roads. “Yes, there has been massive destruction but the affected roads are going to be fixed in record time”, he promised, adding: “The government is going to mobilize all available resources to fix what has gone wrong”.
Source:GhanaWeb
August 17, 2021 08:26 UTC
Akufo-Addo reappoints Kwadwo Genfi as Board Chair of Ghana Exim Bank
Business News of Tuesday, 17 August 2021Source: www.ghanaweb.com• President Akufo-Addo has re-appointed Kwadwo Boateng Genfi as Board Chair of Ghana Exim Bank• Kwadwo Genfi will continue in the position with vast experience as a Global Business Executive• Charles Adu Boahen has inaugurated a new board of the Ghana Exim BankKwadwo Boateng Genfi has been reappointed by President Nana Addo Dankwa Akufo-Addo as the Board Chairman of the Ghana Export-Import Bank (EXIM). The development comes after the Minister of State at the Finance Ministry, Charles Adu Boahen inaugurated the board of the Ghana Exim Bank. Kwadwo Genfi will continue in the position with vast experience as a Global Business Executive with wide-ranging expertise in Financial Management best practices, Working Capital Finance, Leading-Edge Solutions and Trade, Asset Management. Following the inauguration of the Ghana Exim board, Kwadwo Genfi will work close with other members of the board including CEO of Eximbank, Mr. Lawrence Agyinsam; Elsie Addo Awadzi, Second Deputy Governor, Bank of Ghana; Deputy Trade and Industry Minister, Hon. Michael Okyere Baafi; Afua Asabea Asare, Chief Executive Officer, Ghana Export Promotion Authority (GEPA); Nana Osei-Bonsu, CEO of the Private Enterprise Federation (PEF).
Source:GhanaWeb
August 17, 2021 08:03 UTC
GH¢480,000 used for fuel, per diems unaccounted for by Buffer Stock Company – A-G report
The report said, “we noted that a total amount of GH¢482,360.00 relating to hotel accommodation costs, per diem allowances, training costs, vehicle hiring & fuel costs for regional monitoring and evaluation, and COCOBOD warehouse inspection carried out between May and September 2017 were not adequately supported with third party supporting documents, such as receipts, signed sheets, etc. to account for them. “No activity reports and third-party documentation were available to support the expenses. “Third-party documentation should also be produced for services obtained from third-party vendors such as hotel accommodation, vehicle hiring, and fuel costs. Staff who also received per diem allowances should sign for the amounts received and account for actual days spent,” the report advised.
Source:GhanaWeb
August 17, 2021 07:52 UTC
'It can never happen here': Nigerian MP wondered how NDC lost 2000 polls - Bagbin
Bagbin narrates that the said Nigerian lawmaker was shocked that a government in power could peacefully hand over power to an opposition party. So you people sat there and allowed the opposition party to take power from you? Are you sure you are the opposing leader? And I said yes, I am the opposing leader,” he narrated adding “And he asked how can you be sleeping on the same bed with them and you said you are an opposing leader? It will happen when it will happen,” Mr. Bagbin said.
Source:GhanaWeb
August 17, 2021 07:05 UTC
Minister charges Ghana Exim Bank Board to drive export expansion agenda
Business News of Tuesday, 17 August 2021Source: GNAThe Minister of State for Finance, Mr Charles Adu Boahen has inaugurated the Board of Directors of the Ghana Exim Bank with a call on members to take strategic steps to drive the country’s export expansion agenda. He urged the Board to ensure that Ghana Exim collaborates with the African Continental Free Trade Area (AfCFTA) to build SME capacity, increase access to international markets and create more employment for the youth. “Thankfully, Ghana Exim Bank is located in the same premises as the AfCFTA secretariat and with such proximity, we expect a constructive collaboration between the two institutions towards creating funding programmes that will benefit SMEs to lead the export of high-quality Ghanaian products and services to other African countries,” he said. Ghana Exim Bank has been the Primary Financing Institution for the President’s Accelerated Industrialization Programme - One-District-One-Factory, and had approved a total of GH¢2.1 billion in loan facilities for 122 projects between March 2017 and December 2020. “It is our hope that with the new board in place and with support from the Development Bank, we will continue to see growth in private sector advances as we seek to revamp our economy,” he said.
Source:GhanaWeb
August 17, 2021 06:22 UTC
'It can never happen here': Nigerian MP wondered how NDC lost 2020 polls - Bagbin
Bagbin narrates that the said Nigerian lawmaker was shocked that a government in power could peacefully hand over power to an opposition party. So you people sat there and allowed the opposition party to take power from you? Are you sure you are the opposing leader? And I said yes, I am the opposing leader,” he narrated adding “And he asked how can you be sleeping on the same bed with them and you said you are an opposing leader? It will happen when it will happen,” Mr. Bagbin said.
Source:GhanaWeb
August 17, 2021 06:00 UTC
Video of priest giving female students 'holy kiss' on pulpit has social media buzzing
According to a tweep who posted the 24-second video, it was shot during a church service at the St. Monica College of Education. PL Blackah Music (with the handle @LordListoHQ) captioned the video: Reverend Father taking holy kiss from students of St Monica’s college of education, Ghana. from students of St Monica's college of education, Ghana???? He must be a visit Father — Miss_Asante (@AsanteAsantewaa) August 16, 2021e be like some Roman Father bi dey go mad oo???????? https://t.co/DxTzfNrdQ4 — sasha (@Mrs_Potato7) August 16, 2021The last girl that was hesitant rather that he gave her the twilight honeymoon special.
Source:GhanaWeb
August 17, 2021 06:00 UTC
10 top facts about Akufo-Addo govt’s Agenda 111 which kicks off today
It was his 8th COVID-19 address on 26th April, 2020 that president Akufo-Addo announced the plan to build 88 district hospitals. We will, this year, begin constructing 88 hospitals in the districts without hospitals,” he said. Government later revised Agenda 88 to Agenda 111. The 23 additional facilities included: 13 more district hospitals bringing the total figure to 101. It came up again at point 402, where he said: “Government is determined to ensure that each district in the nation has a decent district hospital.
Source:GhanaWeb
August 17, 2021 06:00 UTC
National Cathedral ‘premised on a cathedral of lies’ – Randy Abbey
According to Randy Abbey, a ‘litany of lies’ have been propagated by government over its decision to build the controversial facility. Speaking on the Friday, August 13 edition of his show, Randy Abbey said that the falsehoods around the projects are just too much. The whole project has been premised on a cathedral of lies. He reasoned that a vision or promise made by presidential candidate during campaign period become a national vision and policy once he wins the election. Those visions become national visions so it’s the nuancing but that shouldn’t be an issue.
Source:GhanaWeb
August 17, 2021 06:00 UTC
Ticketing for Premier League, national team matches to go digital
Sports News of Tuesday, 17 August 2021Source: www.ghanaweb.comThe era of queuing at various sales point to purchase tickets to watch football matches in the country is coming to an end with the Ghana Football Association set to roll out a digital ticketing system next season. The GFA, as per its marketing manager is in the process of coming up with an e-ticketing system that will make it convenient for football fans to purchase match tickets. Making the disclosure on Joy FM, Jamil Maraby, the marketing manager of the GFA explained the process the new ticketing format could take. He revealed that the FA is currently in talks with partners and companies to get the best deal possible. E-ticketing, according to its proponent also eliminates the threat of ticket racketeering and guarantee fans hassle-free entrance to game venues.
Source:GhanaWeb
August 17, 2021 05:48 UTC
Don't donate, rather sell confiscated rosewood to National Cathedral – Nana Akomea
Land and Natural Resources Minister, Samuel Abu Jinapor last month announced plans by government to donate the seized items to the cathedral project. “The Minister goes on to announce that the confiscated five trucks of rosewood will be donated toward the construction of the National Cathedral to which I disagree. I ask whether those in charge of the cathedral project had made a request to the minister that they needed rosewood. Why don’t we use the impounded rosewood and supply to the schools and other public institutions in these communities,” he said. “I believe you need to engage the minister on this and get the rosewood sold to the Cathedral project.
Source:GhanaWeb
August 17, 2021 05:48 UTC
‘Teachers cannot be millionaires’ – Akufo-Addo must retract and apologize – TEIN
That comment received varied interpretations at the time but has popped up at a time when the University Teachers Association of Ghana, UTAG, are on strike. “The president also made a statement recently that teachers cannot be millionaires but we are taking the opportunity through your outfit to appeal to him to retract and apologize for the comment. “To show he is an elderly person and that what he said, he did not say it well and that he is sorry,” the TEIN leader added. A court yesterday impressed UTAG and the National Labour Commission to resort to out of court settlement on the issue after fining the Association 3,000 cedis for abusing court processes. Nevertheless, I don’t think there is anywhere in the world that people go into teaching expecting to become millionaires and make money.
Source:GhanaWeb
August 17, 2021 05:48 UTC
Education Minister, Asantehene, Tepamanhene and 17 others honoured
General News of Tuesday, 17 August 2021Source: gna.org.ghThe Minister of Education, Dr Yaw Adutwum, the Asantehene Otumfuo Osei Tutu II, the Paramount Chief of Tepa, Nana Adusei Atwenewa Ampem I, and seventeen other persons have been honoured at a special ceremony at Tepa in the Ashanti region on Saturday. The award ceremony, which was in two categories, saw the Education Minister, Asantehene and the Tepamanhene being honoured for their support towards the development of education at Tepa and the country as a whole while the other awardees were also honoured for contributing in diverse ways towards the socio-economic development of Tepa and its surrounding communities. Dr Yaw Adutwum, in his short address, expressed his profound gratitude to the Tepamanhene and other organisers for the honour done him. The Education Minister emphasised that the development of good education required the collective effort of various facets of the economy and therefore called on all to contribute their quota towards attaining such a feat. BackgroundDr Yaw Osei Adutwum, Minister of Education, who is also the Member of Parliament for Bosomtwe in the Ashanti region, was appointed a Deputy Minister of Education during the 1st term of office of the Nana Addo Dankwa Akufo-Addo government.
Source:GhanaWeb
August 17, 2021 01:30 UTC