Here is how the cedi is performing against major foreign currencies as of July 15
Against the Pound Sterling, the cedi is trading at a buying price of GH¢8.0142 and a selling price of GH¢8.0228 as compared to July 14, trading of a buying price of GH¢7.9923 and a selling price of GH¢8.0014. With the Euro, the cedi is trading at a buying price of GH¢6.8323p and a selling price of GH¢6.8396 as compared to July 14, trading of a buying price of GH¢6.8246 and a selling price of GH¢6.8318. The South African Rand is trading at a buying price of GH¢0.3972p and a selling price of GH¢0.3976p as compared to July 14, trading of a buying price of GH¢0.3954p and a selling price of GH¢0.3957p. The Nigerian Naira is trading at a buying price of GH¢71.0275p and a selling price of GH¢71.0950 as compared to July 14, trading of a buying price of GH¢71.1261p and a selling price of GH¢71.2679p. For the CFA, it is trading at a buying price of GH¢95.9058p and a selling price of GH¢96.0082p as compared to July 14, trading of a buying price of GH¢96.0153p and a selling price of GH¢96.1165p.
Source:GhanaWeb
July 15, 2021 10:52 UTC
Prices of global commodities as of July 15
Business News of Thursday, 15 July 2021Source: www.ghanaweb.com• The price of crude oil dropped down on the commodities market today at a unit price of -0.54• Cotton on the market today stood at a unit price of -0.41• Coffee also stood at a price unit of 0.00On the commodities market today, July 15, 2021, the price of crude oil is seventy-four dollars, twenty-two cents ($74.22) as compared to July 14, trading of seventy-six dollars, twelve cents ($76.12). Gold is trading at one thousand, eight hundred and thirty-two dollars, fifty cents ($1,832.50) as compared to July 14, trading of one thousand, eight hundred and thirteen dollars, sixty cents ($1,813.60). Cocoa is trading at two thousand, three hundred and seventy-three cents ($2,373.00) two thousand, three hundred and seventy dollars ($2,370.00). Coffee, on the other hand, is trading at one hundred and fifty-six dollars, forty-five cents ($156.45) as compared to July 14, trading of one hundred and fifty-two dollars, ten cents ($152.10). Sixteen cents ($90.16) as compared to July 14, trading of eighty-eight dollars, seventy-seven cents ($88.77).
Source:GhanaWeb
July 15, 2021 10:20 UTC
Adopt French language to deepen formal trade ties – Akufo-Addo urges Ghanaians
General News of Thursday, 15 July 2021Source: www.ghanaweb.com•Ghanaians have been urged to take up learning of the French language•This, president Akufo-Addo believes will deepen trade ties among African countries•He said this during an interview with the French Ambassador to Ghana, Anne Sophie Ave on the Touch of France showPresident Nana Addo Dankwa Akufo-Addo has urged Ghanaians to take up learning of the French language in order to deepen trade ties among African countries. This he believes is vital towards the implementation of the free trade pact for the African Continental Free Trade Agreement with Ghana already selected as the host secretariat. In an interaction with the French Ambassador to Ghana, Anne Sophie Ave on the Touch of France show, President Akufo-Addo explained this was necessary to encourage bilingualism between Ghana and its neighbours. “As a necessary consequence, the language will have to be a determinant of that [trade] and it will be a very important incident of our capacity to trade effectively,” President Akufo-Addo said on the show. Meanwhile, there are some 29 countries in Africa that speak French as their official language.
Source:GhanaWeb
July 15, 2021 09:58 UTC
Mother and child killed in collapsed mud house
Regional News of Thursday, 15 July 2021Source: www.ghanaweb.com• Two persons were killed when parts of a mud house collapsed• The accident claimed the lives of a mother and her child• The structure was already dilapidatedA mother and her child were killed when parts of their dilapidated mud house collapsed on them. In a video available to GhanaWeb, rescuers in an attempt to save the lives of the nursing mother and child combed through the rubble in search of the victims. The mother who still had her child wrapped at her back with a piece of African print cloth was discovered after the removal of huge blocks of sand which had trapped them. There was wailing among residents who had trouped in to the location upon news of the building collapse. Residents were heard screaming and shedding tears when the lifeless woman and her child believed to be less than 4 years old was removed from the rubble.
Source:GhanaWeb
July 15, 2021 09:56 UTC
I regret trusting President Akufo-Addo – Martin Amidu
General News of Thursday, 15 July 2021Source: www.ghanaweb.com• Martin Amidu has stated that he regrets trusting President Akufo-Addo• He said, he was naïve for accepting to be the Special Prosecutor• He noted, he would not have ordinarily accept that positionMartin Amidu, a former Special Prosecutor, says his only regret in life is to have trusted President Nana Addo Dankwa Akufo-Addo in a sheepish manner allowing himself to be conned into accepting the position of being the first Special Prosecutor in 2018. According to him, he was naïve but he sincerely believed that President Akufo-Addo was committed to the fight against corruption and “was also against using the process of criminal justice administration as an instrument of political discrimination against his political opponents.”In a five-paged statement, Martin Amidu stated that, he would not have ordinarily accepted to be the Special Prosecutor because, in 1999, he declined being nominated to the Supreme Court. He explained, “the position and status of Special Prosecutor was not one I would ordinarily have agreed to be nominated and appointed to after declining nomination for the Supreme Court in 1999 as I indicated on oath at my vetting but for the fact the President invited, cajoled, promised, and assured me that the appointment was going to be on terms personal to me and vowed to ensure my independence and that of the Office. “The President and I at our first meeting in his office on 10th January 2018 anticipated possible legal action by the National Democratic Congress (NDC) on the age provision in Act 959 but we concluded, as seasoned constitutional lawyers, that Act 959 was constitutional, and above all it was not our place to invalidate an Act of Parliament.”Read Martin Amidu’s full statement below:
Source:GhanaWeb
July 15, 2021 08:15 UTC
GH¢20.2 billion processed so far on Ghana.Gov platform – Ken Ofori-Atta
Business News of Thursday, 15 July 2021Source: www.ghanaweb.com• Ken Ofori-Atta has said a total value of GH¢20 billion has so far been processed on the Ghana.GOV platform• The platform will make it easy for all citizens and visitors to make payments with convenience• Some 624,000 persons have already registered on the platformFinance Minister, Ken Ofori-Atta has revealed the newly introduced Ghana.gov platform has so far processed over GH¢20 billion in total value during its pilot phase. According to him, the piloting of the platform commenced from June to December 2020 and has a record of 624,000 persons registering on the platform. Speaking at the official launch of the platform on July 14 at the Jubilee House, Ken Ofori-Atta said Ghana.Gov is intended to make accessible government’s services to the general public in a much convenient manner. “The Ghana.gov platform was piloted from June to December 2020 and a total of 624,000 persons have registered and over 5.8 million transactions have taken place with a total value of GH¢20.2 billion,” he revealed. Already, the Ghana.Gov platform during its pilot phase at the Ministry of Tourism is said to have witnessed a four-fold increase in revenue at some major tourist centres in the country.
Source:GhanaWeb
July 15, 2021 07:40 UTC
You are not above the law – Bagbin warns Kennedy Agyapong, other MPs
Alban Bagbin on Wednesday, July 14, 2021, reminded the MPs to carry themselves in ways that fit the office they occupy. He urged them to be guided with their comments on media platforms and not assume that being members of parliament shields them from the effect of reckless statements. Alban Bagbin said that the constitution reigns supreme in the country and any MP who falls foul of the law will not be given undue protection by Parliament. You don’t have that right, that privilege, that immunity to just say anything because you are a member of parliament. He said the decision to decide whether there is merit in the petition before the house by the media house lies in the bosom of Parliament as an institution and not just Speaker Bagbin.
Source:GhanaWeb
July 15, 2021 07:14 UTC
Kotoko’s Fabio Gama not an ‘African material’ – Hearts board member claims
Hearts of Oak are looking to improve their team for the continental assignment after winning the Ghana Premier League. He claims that Gama, like the entire playing body of Kotoko are not fit to play in the apex club competition on the continent. “Fabio Gama of Asante Kotoko is not a material for Africa. We have more quality players than Asante Kotoko SC. Meanwhile Frank Nelson, another board member of Hearts has said that the team will not make an impact on their return to the continental inter-club competition.
Source:GhanaWeb
July 15, 2021 06:22 UTC
Akufo-Addo stonewalled MPs push to be ‘ranked’ as Appeals Court judges
General News of Thursday, 15 July 2021Source: www.ghanaweb.com• MPs are currently pegged at level of High Court judges in terms of emoluments and other benefits• The 7th Parliament approached the president to approve an elevation of their status to Appeals Court judge rank• Ok, but not under my watch - literally - was president Akufo-Addo's responsePresident Nana Addo Dankwa Akufo-Addo maintained that moves by Members of Parliament to be elevated from the level of High Court judges to Appeals Court judges in terms of emoluments, will not happen under his watch. Lawmakers in the last parliament (Led by Prof Aaron Mike Oquaye) wrote to the president on January 5, requesting that the president considers the elevation. Their correspondence which touched on different aspects of the last Presidential Committee on Emolument’s recommendation under the heading: “Equating Members of Parliament to High Court Justices,” read:“The House observed that the Presidential Committee on Emoluments for Article 71 Office Holders ranks Hon. The correspondence continued: “Parliament has decided that members of parliament be placed on a level analogous to that of the above mentioned heads in respect of emoluments, benefits and other amenities. The recommendations of the emoluments committee has become a topical issue particularly where it recommended the formalization of payments to wives of the president and his vice.
Source:GhanaWeb
July 15, 2021 06:11 UTC
How Akufo-Addo rejected a pay raise for MPs in Oquaye’s parliament
General News of Thursday, 15 July 2021Source: www.ghanaweb.com• MPs in the seventh parliament wanted a pay raise but the president rejected it in a January 6, 2021 letter• Akufo-Addo cited public interest as his reason for the rejection• MPs were reacting, on January 5, to recommendations by a presdiential emoluments committeeThe president Nana Addo Dankwa Akufo-Addo cited public interest when he skillfully rejected a request for pay raise by the seventh Parliament led by Speaker Prof Aaron Mike Oquaye. The president’s letter read: “Much as I appreciate the reasons given for your request for 12.5% salary increment, I believe in the public interest, and to avoid controversy, we maintain the same rate of salary increment across the public sector. “Accordingly, I recommend an 11.4% increase as has been granted public sector workers every year within the span of time,” it added. The revelations in the letter were shared publicly for the first time on Good Evening Ghana program by host Paul Adom-Otchere on Tuesday, July 13, 2021. The recommendations of the emoluments committee have become a topical issue particularly where it recommended the formalization of payments to wives of the president and his vice.
Source:GhanaWeb
July 15, 2021 06:00 UTC
CHRAJ petitioned over allowances paid to wives of Presidents and Veeps since 2000
The committee recommended payment of salaries to the spouses of the President and Vice as part of benefits enjoyed by the president and his vice. The recommendation has been opposed the National Democratic Congress with two of their MPs suing the government at the Supreme Court over the constitutionality of the new arrangement. Discussions on the emolument has compelled First Lady Rebecca Akufo-Addo to reject the recommendations and also refund all amount paid her as allowances since she assumed the role in 2017. Samira Bawumia, the wife of the Vice President has also done same. Read the full petition below
Source:GhanaWeb
July 15, 2021 05:48 UTC
Hudson-Odoi to switch nationality to Ghana after racial abuse of English players - Report
Sports News of Thursday, 15 July 2021Source: www.ghanaweb.com• Hudson-Odoi has reportedly switched nationality to Ghana• The switch comes on the back racist attacks on some English players• Hudson-Odoi was approached by Ghana to switch nationality when he visited for holidaysUnconfirmed reports indicate that Chelsea winger Callum Hudson-Odoi has decided to ditch the English national team and play for Ghana. Bukayo Saka, Jadon Sancho and Marcus Rashford were the subjects of racist posts by some English football fans. Ghana, it will be recalled made overtures to Hudson-Odoi when he visited the country for his summer holidays in June. President Nana Addo Dankwa Akufo-Addo told Sports Minister Mustapha Ussif "to explore the possibility of having Callum switch nationality and play for the Black Stars." The Sports Minister and President of the Ghana Football Association held a closed-door meeting with Hudson-Odoi who according Angel FM requested for time to make the decision.
Source:GhanaWeb
July 15, 2021 05:48 UTC
I have spent close to GH¢100,000 on ‘nsawa’ – MP cries out
He is unhappy that whiles persons within the bracket of Article 71 enjoy full benefits outlined in law, MPs have their benefits tied to certain conditions. In light of this, Eugene Boakye Antwi is calling for a total amendment of Article 71 to protect MPs from the unfairness. He claimed to have spent close GH¢100,000 on funeral donations over the last four years. "And in all this you have to draw the same salaries as those people under Article 71. If I tell you the amount of ‘nsawa’ I have made for the last four years, you’ll weep for me.
Source:GhanaWeb
July 15, 2021 05:48 UTC
$5M bribe: CJ’s accuser is accomplished, has reputation to protect – Sammy Gyamfi
General News of Thursday, 15 July 2021Source: www.ghanaweb.comThe National Communications officer of the main opposition National Democratic Congress, NDC, Sammy Gyamfi has stressed that the bribery allegation against Chief Justice Kwasi Anin-Yeboah needs to treated very seriously. Sammy Gyamfi said lawyer Akwasi Afrifa has achieved so much in his years of legal practice and also had a reputation to protect when the facts of the matter are put to test. But this is coming from a senior lawyer, Akwasi Afrifa Esq., the lawyer behind the statement is a very senior lawyer with so many years at the bar. “He has built a reputation for himself and every child in Kumasi will likely know him. “His Lordship the Chief Justice is saddened that without any shred of evidence, his name has been dragged into this sordid and potentially criminal matter.
Source:GhanaWeb
July 15, 2021 05:37 UTC
Akufo-Addo sitting on petition for Jean Mensa’s removal – Kwesi Pratt alleges
Pratt said on Metro TV’s Good Morning Ghana show on Wednesday, July 15, 2020 that a group has petitioned the president with some allegations against Jean Mensa. Kwesi Pratt said the constitution is clear that in matters like this, the president acts as ‘conveyor belt’ and passes on the petition to the Chief Justice to decide if there is some merit in the petition. Charlotte Osei, it will be recalled was removed as EC chair in June 2018 following a recommendation by a committee formed by the then Chief Justice, Sophia Akuffo. The committee after probing the allegations made against Charlotte Osei by some staff of the Electoral Commission proposed she and two other deputy commissioners be fired. The President adopted the recommendations and fired Charlotte Osei along with her two deputies, Amadu Sulley and Georgina Opoku Amankwaa.
Source:GhanaWeb
July 15, 2021 05:37 UTC