“Honestly, the government helps cocoa farmers in diverse ways. He told Ghanaweb’s McAnthony Dagyenga that cocoa farming is a difficult venture hence, needs people who are determined to be in this job. This makes cocoa farming difficult,” he explained. “At the moment, most of the elderly persons into cocoa farming are getting older and weaker, so if the youth do not get into cocoa farming, it will dwindle cocoa production in Ghana." He advocated for Ghanaian scholars to look at inventing technologies that would make cocoa farming and cocoa processing an attractive venture for the youth.
Source:GhanaWeb
August 06, 2021 17:35 UTC
Business News of Friday, 6 August 2021Source: www.ghanaweb.comPetroleum expert, Dr Theo Acheampong has said the Ghana National Petroleum Corporation (GNPC) has enough justification to proceed with its intention to purchase two stakes in Ghana’s offshore fields. Energy Minister, Dr Mathew Opoku Prempeh in a memorandum submitted to Parliament earlier this week requested approval for a US$1.65 billion loan for the purchase. Reacting to the development, Dr Acheampong believes the move will ensure GNPC gains control of some of the country's oil exploration and production projects. Theo Acheampong further adds the move falls in with GNPC’s strategy towards becoming a world class exploration and production entity by the year 2027. Meanwhile, in the just presented mid-year budget statement by the Finance Minister, Ken Ofori-Atta hinted at GNPC’s resolve to acquire two stakes in the offshore field which will primarily accelerate exploration and production.
Source:GhanaWeb
August 06, 2021 17:31 UTC
Entertainment of Friday, 6 August 2021Source: www.ghanaweb.com• Diana Hamilton has celebrated her husband• The couple on August 6 marked their 16th wedding anniversary• The two have two children togetherGospel musician, Diana Hamilton is celebrating sixteen years of marriage to her husband, Joseph Okoi Hamilton. In a post sighted by GhanaWeb on her Instagram page, she wrote: “16 years ago, I married the best husband God ever created and given the chance, I will do it all over again with him. Happy anniversary my love.”The artiste who randomly shares photos of her family has been blessed with two children in her marriage. Sokoohemaa on Instagram wrote: "Awwwwww well doneMay God bless this marriage till eternity. Below is the post by Diana Hamilton:
Source:GhanaWeb
August 06, 2021 17:26 UTC
Entertainment of Friday, 6 August 2021Source: www.ghanaweb.com• KiDi said Ghanaians patronized his event despite criticizing him• He said the GH¢15,000 worth of tables which were labeled exorbitant were fully booked• KiDi launched his ‘Golden boy’ album on July 29, 2021Ghanaian afrobeats singer, KiDi has expressed shock at how Ghanaians highly patronized his ‘Golden Boy’ album launch despite subjecting him to immense criticisms. He said in spite of the numerous criticisms that his ticket rates were expensive, all GH¢15,000 worth of tables were fully booked. One can recall that KiDi was subjected to attacks on social media for charging what was described as exorbitant fees as ticket rates for his ‘Live with KiDi’ concert which took place on July 29, 2021, in Accra. This was after he took to Twitter to announce that the ticket prices and packages ranged from GH¢3,000 to GH¢15,000. “When I got to the venue and realized the place was fully packed I was shocked because of the earlier criticisms.
Source:GhanaWeb
August 06, 2021 17:06 UTC
According to him, public service CEOs are earning 10 times the amount of the president and ministers. In his view, these heads of institutions are not supposed to earn more than the president who steers the affairs of the nation. Speaking on Good Morning Ghana monitored by GhanaWeb, the lawmaker said, "Even in the public service, there are wild disparities. We have CEOs who earn more than the President of the Republic. Okudzeto Ablakwa averred that some people in the country only want to occupy the position of CEO in public institutions because of the money involved.
Source:GhanaWeb
August 06, 2021 16:35 UTC
Business News of Friday, 6 August 2021Source: www.ghanaweb.comThe International Monetary Fund has expressed concern over government’s high-risk exposure of borrowing Treasury bills and bonds, which have been increasing the balance sheet risk of banks. According to the Bretton Woods institution, the high-risk exposure is therefore crowding out the private sector’s resolve to lend. In a recent Article IV Consultation paper issued on Ghana, the IMF explained, “government lending supported the banking sector through the pandemic, but is crowding out private-sector credit and increasing balance sheet risks”. The IMF adds that government’s share of lending to total assets has hit 44.7 percent in February this year from an earlier 36.5 percent recorded the previous year. This was however driven by large budget deficit as well as risks to credit and demand as a result of the coronavirus pandemic.
Source:GhanaWeb
August 06, 2021 16:07 UTC
He also wondered where the driver got the money. He furthered that the driver acted carelessly by showing his house at Trassaco and the interior of his room while some friends cheered him in the video. Speaking on Good Morning Ghana on Friday, August 6, 2021, Okudzeto Ablakwa said, "The GNPC Chief Executive’s driver who was showcasing USD100,000. And if the GNPC Chief Executive Officer driver has that kind of money, and was flaunting his cars, living room and house, and he had boys giving him fans," he added. The said driver, according to reports earns approximately GHC5,600 as his basic salary minus allowances a month.
Source:GhanaWeb
August 06, 2021 15:56 UTC
Sports News of Friday, 6 August 2021Source: www.ghanaweb.comAccra Hearts of Oak are champions of the Ghana Premier League and will have the chance to add to FA Cup trophy on Sunday against Ashantigold. Samuel Boadu's Accra Hearts of Oak have been clearing every hurdle ahead of them to win the GPL and are poised at doing same against Ashantigold in the finals of the MTN FA in the capital city. The Phobians per their status as league champions will be competing in the 2021/2022 CAF Champions League as Ghana's representatives. But can the current Hearts of Oak team under Boadu go toe to toe with their colleagues on the African continent? And which players do you want them to sign ahead of their African campaign and the next football season?
Source:GhanaWeb
August 06, 2021 15:22 UTC
"We need to streamline our 'hate' towards LGBTQI+ and think right to make laws that will not threaten human existence or human rights," he said. According to him, instead of directing so much hate at these persons, there should rather be a law in place that ensures that our religious bodies and traditional leaders never approve of such unions. The Founder of the Penyman Foundation explained that this would be the best way of curtailing this menace. "I think we should rather make laws that ban churches, mosques, courts and the traditional leaders to endorse same-sex marriages. He continued that, "The word of God is for teaching, rebuking and corrections, that the sinful man may know the right way and the righteous may guide himself not to be a victim of sin."
Source:GhanaWeb
August 05, 2021 19:07 UTC
According to the preacher who has always promoted Africanism, God never made a mistake creating the Black race as perceived by many. I’m a full believer in the Black race and the dark skin and the purpose of which God made us dark and put us on this continent. I’m a full believer that God does not make mistakes," Mensa Otabil said. Mensa Otabil was speaking at the Greater Works event organised by his church, the International Central Gospel Church (ICGC), in Accra on August 4, 2020. “We’ve been marching for long as Africa but I know one morning, just in time, delivery system will be handed to us and suddenly there will be a change in the story,” Otabil stated in optimism.
Source:GhanaWeb
August 05, 2021 17:48 UTC
Entertainment of Thursday, 5 August 2021Source: www.ghanaweb.com• Victoria Lebene has asked #FixTheCountry activists to dress appropriately in public• She said sanity must be promoted alongside the #FixTheCountry agenda• Social media users appear infuriated by her tweetPopular Ghanaian actress cum entrepreneur, Victoria Lebene has criticized some role models and other advocates championing the #FixtheCountry agenda for their ‘inappropriate dressing on social media. Unclear who her post was targeted at, Lebene took to social media on July 5, 2021, and wrote;“Role models and other youths championing the #FixTheCountry demo. Kindly dress properly in public and on social media to promote sanity of the course. Thanks.”The actress's post has since attracted hate comments from social media users who lambasted her for being a hypocrite. They are of the view that Victoria Lebene should stop portraying herself as though she has never shared indecent pictures on social media even after marriage.
Source:GhanaWeb
August 05, 2021 17:03 UTC
General News of Thursday, 5 August 2021Source: www.ghanaweb.com• Smuggling of fertilizers to neighbouring towns remains one of Ghana's major problems• Farmers do not get the subsidized fertilizers from government to aid their productivity• GAWU is calling on government to re-strategize for targeted farmers to get fertilizers at subsidized pricesGeneral Agriculture Workers Union (GAWU) has averred that, fertilizers meant to be given to farmers at a subsidized rate ends up in other neighbouring countries. The General Secretary of GAWU, Edward Kareweh, stated categorically that the Ministry of Food and Agriculture has confirmed that the fertilizers are smuggled. In an interview with Daily Graphic, he said, “Today there is no subsidy anymore or the subsidy has no effect because the fertiliser is smuggled out. Meanwhile, Finance Minister, Ken Ofori-Atta in his mid-year budget review statement in Parliament last week said government will soon make use of technology in the distribution of fertilizers to farmers. This will end the smuggling of goods to neighbouring countries.
Source:GhanaWeb
August 05, 2021 15:45 UTC
He has described the third edition of the initiative aimed at inculcating a reading habit among pupils as a sharp improvement of the previous editions. To him, he left the Legon campuses fulfilled after the gross demonstration of academic prowess by the children who left the social-distanced audience in awe with their reading brilliance. He said “I am highly elated, the kids made themselves and their parents proud. The level of competition was high and I am glad the kids and their parents have embraced the concept. The trio was also rewarded with educational policy and souvenirs from sponsors.
Source:GhanaWeb
August 05, 2021 15:11 UTC
Business News of Thursday, 5 August 2021Source: www.ghanaweb.com• Government has been urged to cede majority of its stake in the Tema Oil Refinery to private investors•The move, Nana Amoasi VII believes will ensure the refinery is viable and successful in its operations•TOR has over the years faced a number of operational and managerial setbacksThe Institute of Energy Security (IES) has implored government to cede majority of its stake in Tema Oil Refinery to private investors. Executive Director of the IES, Nana Amoasi VII believes the move is necessary to ensure the viability and success of the refinery as it’s been plagued with numerous operational challenges over the years. Almost 50% or more is down.”“What is most important is that you need money to revamp the refinery. It’s about time the government accepts to cede the major part of its stake to private hands to ensure we get the needed money and efficiency. Then we can be assured of fuel security and price stability to some extent.”Ghana's foremost oil refinery, the Tema Oil Refinery (TOR) has been faced with a number of challenges and managerial setbacks.
Source:GhanaWeb
August 05, 2021 15:11 UTC
Sports News of Thursday, 5 August 2021Source: www.ghanaweb.com• Asamoah Gyan is in the trends after Ghana beat USA in the Men's 4x100 Relay• Ghana’s 4x100 Relay Team are in the final of the 4x100• Ghana’s quartet beat USA, Brazil, France and Denmark to the finishlineGhana’s 4x100 Relay Team maybe the men of the moment but former Black Stars captain, Asamoah Gyan is also making the headlines after the Ghanaian quartet beat the United States of America in the Men’s 4x100 relay event at the Tokyo Olympic Games. Ghana’s 4x100 Relay Team which is made up of Benjamin Azamati, Emmanuel Yeboah, Sean Safo Antwi and Joseph Paul Amoah managed to secure a ticket to the final despite finishing fifth in the heats. The Americans who were regarded as favourites to challenge for a medal missed out on the final of the men's 4x100 metres relay, finishing only sixth to Ghana who finished seconds ahead. Ghana's quartet team broke the national record of 38.12 seconds beating the USA, Brazil, France and Denmark to the finish line. Below are some of the things Ghanaians have been saying about Gyan and the 4x100 Relay Team
Source:GhanaWeb
August 05, 2021 14:48 UTC