Connect with us

Politics

Anti-gay bill: American firms can’t leave Ghana because they make profit – Sam George

Published

on

“The West needs Ghana, American businesses operating today in Ghana are not doing so because of LGBTQI, they are doing so because of profit and they will not leave Ghana because of LGBTQI when they look at their profit margin. “If they choose to pack bags and baggage and leave any other company will come, Ghana is a profitable country to do business in. We must stop cheapening ourselves and making it look like we have no sense of self-worth,” he said on the Hot Issues on TV3 Sunday, March 10.

Samuel Nartey George, a Ningo Prampram legislator, has stated that American corporations are not operating in Ghana due to LGBTQI problems.

He claims they are in the nation for profit.

According to Sam George, if they leave Ghana, other firms would come and profit from their absence.

“The West needs Ghana,  American businesses operating today in Ghana are not doing so because of LGBTQI, they are doing so because of profit and they will not leave Ghana because of LGBTQI when they look at their profit margin.

“If they choose to pack bags and baggage and leave any other company will come, Ghana is a profitable country to do business in. We must stop cheapening ourselves and making it look like we have no sense of self-worth,” he said on the Hot Issues on TV3 Sunday, March 10.

On February 28, Parliament enacted the Promotion of Human Sexual Rights and Ghanaian Family Values Bill.

The passing of the measure has raised concerns that the West may impose sanctions.

On Monday, March 4, the Ministry of Finance warned that the president’s signature on the anti-LGBTQ+ Bill will have disastrous consequences.

In a brief on the ramifications of President Akufo-Addo’s assent to the Bill, the Ministry of Finance stated that the government risks losing significant financial support from Bretton Woods organisations.
“In total, Ghana is likely to lose US$3.8 billion in World Bank Financing over the next five to six years. For 2024, Ghana will lose US$600 million in budget support and US$250 million for the Financial Stability Fund. This will negatively impact Ghana’s foreign exchange reserves and exchange rate stability as these inflows are expected to shore up the country’s reserve position,” part of the brief cited by 3news.com reads.

The Ministry of Finance provided the details as follows:

  • The expected US$300 million financing from the First Ghana Resilient Recovery Development Policy Operation (Budget Support) which is currently pending Parliamentary approval might not be disbursed by the Bank when it is approved by Parliament;
  • On-going negotiations on the second Ghana Resilient Recovery Development Policy Operation (DPO) for budget support amounting to US$300 million may be suspended; 
  • On-going negotiations for US$250 million to support the Ghana Financial Stability Fund may be suspended; 
  • Disbursement of undisbursed amounts totalling US$2.1 billion for ongoing projects will be suspended; and
  • Preparation of pipeline projects and declaration of effectiveness for two projects totalling US$ 900 million may be suspended.   

The Ministry cautioned that “The potential loss of these financial resources will create a financing gap in the 2024 budget that the government must address through additional domestic revenue mobilisation and a significant reduction in expenditure.  Failing this, the Government’s ability to achieve the targets in the 2024 Budget will be undermined and the IMF-ECF Programme is likely to be derailed.”

Continue Reading

Politics

Bawumia pledges free tertiary education for people with disabilities if elected president

Published

on

By

“I am very clear on the way forward. I believe that for persons with disabilities, we are going to support them a bit more. We are giving scholarships to every person but I am going to dedicate some of the monies to our scholarship secretariat and the GET Fund to provide free tertiary education; both tuition and accommodation to every person with a disability who makes it into the university so they can all benefit,” he stated.

Dr Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), has committed to giving free tertiary education to all those with disabilities who attend university in Ghana.

He made this known during a meeting with clerics in the Western North Region as part of his continuing national trip.

Dr. Bawumia stated that, while scholarships are intended to benefit all people, his administration will emphasise scholarships for those with disabilities.

The NPP flagbearer stated that the scholarship will cover both academic and residential tuition for all people with disabilities beginning in 2025.

“I am very clear on the way forward. I believe that for persons with disabilities, we are going to support them a bit more. We are giving scholarships to every person but I am going to dedicate some of the monies to our scholarship secretariat and the GET Fund to provide free tertiary education; both tuition and accommodation to every person with a disability who makes it into the university so they can all benefit,” he stated.   

Continue Reading

Politics

Stephen Ntim vows to bring Adoumi back to NPP

Published

on

By

Aduomi denied these allegations, stating that he still enjoys the backing of NDC supporters. In an interview with Citi News, Mr Ntim voiced concern over two candidates from the same party running against each other.

Stephen Ntim, the National Chairman of the New Patriotic Party (NPP), has promised to reconcile independent candidate Kwabena Owusu Aduomi into the party.

Aduomi, a former three-time NPP Member of Parliament for the constituency, chose to run as an Independent Candidate in the Ejisu by-election because he believes the NPP has failed to address critical concerns about the existing delegates’ list, jeopardising the party’s integrity and fairness.

Some NPP members accused him of treason, claiming he deserted to the opposition National Democratic Congress (NDC).

Aduomi denied these allegations, stating that he still enjoys the backing of NDC supporters.

In an interview with Citi News, Mr Ntim voiced concern over two candidates from the same party running against each other.

“Yes, it is worrying because the two main competitors, Aduomi and Kwabena Boateng belong to the same fold, family. We should not be looking at jubilating, I’m not jubilating. My focus now is on how to bring the Aduomi factor back to the fold, bringing him back to the family.

“So that in December when we are going to face the real political opponents, we are going us a unified NPP front. It shouldn’t be difficult at all. Whatever it is, we are going to reach out. As a national chairman, I’m promising you, we will take up the mantle and reach out to him.”

Continue Reading

Politics

Ejisu by-election: NPP discloses next steps after narrow victory

Published

on

By

Their vote share fell from 82.83% in 2020 to 55.8% in 2024. Mr. Francis Adomako, the NPP's Ashanti Regional Organiser, acknowledged the lower margin and ascribed the outcome in part to internal party concerns.

Following the Ejisu seat by-election, the New Patriotic Party (NPP) is assessing its achievements and plotting a route for future success.

While their parliamentary candidate, Dr Kwabena Boateng, won with 55.8% of the vote, according to preliminary data, the margin of victory fell short of expectations.

Mr Kwabena Aduomi received 43.3% of the total votes.

Their vote share fell from 82.83% in 2020 to 55.8% in 2024.

Mr Francis Adomako, the NPP’s Ashanti Regional Organiser, acknowledged the lower margin and ascribed the outcome in part to internal party concerns.

In response, the party is preparing to go back to the drawing board, undertaking detailed assessments to find areas for improvement.

Speaking to Joy News, Mr Adomako stated that it is now more important than ever to resolve internal problems and create unity among party members.

He revealed intentions to communicate with disillusioned members, promising to pursue reconciliation and win back those contemplating other options.

He noted that as the country approaches the election later this year, the party must move beyond mere rhetoric to doing action and doing their study.

‘Breaking the 8’ remains the NPP’s ultimate goal, a task that Adomako admitted as difficult but necessary.

Continue Reading

Trending

Optimized by Optimole