Connect with us

General News

Ghana and Portugal sign defensive and economic treaties

Published

on

Ghana and Portugal sign defensive and economic treaties

President Nana Addo Dankwa Akufo-Addo and his Portuguese colleague, Marcelo Rebelo de Sousa, have inked bilateral cooperation agreements in the fields of defence, political consultation, and commerce.

President Akufo-Addo stated that this fresh type of interaction will help to improve the friendship and cooperation connections between Ghana and Portugal.

President Akufo-Addo stated at a joint press conference in Lisbon, Portugal, with President Marcelo Rebelo De Sousa on Tuesday, 18th July 2023, that the move “is borne out of a decision by Ghana to turn our back on our old economy, which has been dependent on the production and export of raw materials, and also dependent on aid.”

According to President Akufo-Addo, “We want to build a value-added, industrialised economy with modernised agriculture, which is neither victim nor pawn of the world economic order. We want our relations with Portugal and, indeed, the rest of the world, to be characterised by an increase in trade and investment cooperation.”

He added that “This is the way to develop healthy relations between our two countries, and put Ghana at the high end of the value chain in the global marketplace, and create jobs for the teeming masses of Ghanaians, particularly the youth.”  

He added that the discussions also focused on expanding multilateral political, cultural, and people-to-people exchanges and cooperation, as well as the need to promote a better world by addressing global issues related to the achievement of the Sustainable Development Goals (SDGs).

Towards this end, “We have noted with satisfaction the value that the Ghana-Portugal Business Forum scheduled to be held tomorrow will add to our investment initiatives, he said.”

President Akufo-Addo further disclosed that the President of Portugal has also “resolved to give voice to Ghana’s cause and interests within the European Union. We, on the other hand, will also help to facilitate the provision of a platform for enhanced economic engagement between Portugal and the member countries of ECOWAS. This should boost the trade volumes, and help bring prosperity to our peoples.”

On global security, he stated that, with US President Joe Biden and French President Emmanuel Macron publicly calling for UN Security Council reforms in line with the Ezulwini consensus, they are looking forward to the leaders of the three (3) other Permanent Members throwing their support behind the reform process.

He assured President De Sousa that Ghana will “collaborate with Portugal to find solutions to challenges such as the eradication of widespread poverty, elimination of irregular migration, insecurity and human rights violations, terrorism and violent extremism, human and drug trafficking, piracy, as well as climate change and its attendant, negative impact on the environment and livelihoods.”

The City of Lisbon Council

President Akufo-Addo was presented with the keys to the city of Lisbon by Deputy Mayor Filipe Anacoreta Correia at the Lisbon City Council.

In his speech, the President remarked that history teaches us that “a rich trading partner operating within a fair trading system brings far more prosperity to both sides than the exploitation of a poor partner.”

It is for this reason, he continued, that “I have come to Lisbon to advocate for increased investment and trade between our two nations. Trade relations between Ghana and Portugal have evolved through history, and it is clear that a new paradigm has to be defined, which will be dependent on the structural transformation of the Ghanaian economy from a raw material producing and exporting economy, to a value-adding, industrialising economy.”

He was confident that, “this will enable Ghana trade at the high end of the global value chain, dealing in products we make and grow. Out of this, a robust trading system between Portugal and Ghana will be created, which will generate mutual prosperity for the peoples of the two countries.”

These observations, he stated, were based on the fact that “we, in Africa, are agreed that we have to be self-reliant, and shed the image of beggars living on charity, aid and handouts, and make better and more intelligent use of our abundant natural resources, in order to pull ourselves out of poverty and attain prosperity.”

Continue Reading

General News

Gov’t settles on blue and white as new paint for basic schools

Published

on

By

He also announced the replacement of the brown and yellow outfits. "We are modifying the uniforms of public elementary schools across the country. The yellow and brown that you see now will go. Reformation is coming to a community near you, and you will witness it." The education minister expanded, saying that this project is part of the government's attempts to demonstrate to critics that its concentration is not exclusively on secondary education.

Dr Yaw Osei Adutwum, Minister of Education, has declared that the government intends to repaint all public basic schools in blue and white, replacing the present brown and yellow.

This programme is part of a rebranding campaign to improve the appearance of the institutions.

Dr Adutwum went on to say that this is only one of several initiatives targeted at revitalising and improving basic education in the country.

“We’re moving to blue and white. We are painting all of the schools to give them an appealing appearance. This is the revolution Ghana deserves, and it is on its way,” the minister said at a “The free SHS tale” discussion in Accra on Tuesday, April 23, 2024.

He also announced the replacement of the brown and yellow outfits.

“We are modifying the uniforms of public elementary schools across the country. The yellow and brown that you see now will go. Reformation is coming to a community near you, and you will witness it.”

The education minister expanded, saying that this project is part of the government’s attempts to demonstrate to critics that its concentration is not exclusively on secondary education.

Continue Reading

General News

We’ve not been paid GH¢1 billion; KPMG’s assertion is false – SML

Published

on

By

SML further stated that KPMG's inability to mention that 31.5 percent of the total GH¢1,061,054,778.00 taken as taxes provides a very uneven "impression of the relationship between the compensation, investment, and other related costs." "SML believes that KPMG's failure to include GRA taxes of 31.5% taken before payment, interest payments of 32% plus SML's investment repayment, and other taxes/duties over the period creates an unbalanced impression of the relationship between compensation and investment and other related costs. This omission is really deceptive.

Strategic Mobilisation Ghana Ltd (SML) denied receiving GH¢1,061,054,778.00 for a revenue mobilisation contract with the Ghana Revenue Authority (GRA).

President Akufo-Addo ordered KPMG to audit the contract between the GRA and SML on January 2. KPMG’s findings revealed that SML received a total of GH¢1,061,054,778.00 from 2018 to date.

However, Strategic Mobilisation Ghana Ltd responded by denying the charges, noting that KPMG reported the amount “without reference to the investments made and the taxes paid” during the review period.

“KPMG quotes a figure as compensation to SML. It is interesting to note that this figure is quoted without reference to the investments made and the taxes paid by SML over the period within the consolidated contract

“The compensation of GH¢1,061,054,778.00 stated by KPMG is inaccurate.”

SML further stated that KPMG’s inability to mention that 31.5 per cent of the total GH¢1,061,054,778.00 taken as taxes provides a very uneven “impression of the relationship between the compensation, investment, and other related costs.”

“SML believes that KPMG’s failure to include GRA taxes of 31.5% taken before payment, interest payments of 32% plus SML’s investment repayment, and other taxes/duties over the period creates an unbalanced impression of the relationship between compensation and investment and other related costs. This omission is really deceptive.

Continue Reading

General News

The president needs to show leadership to stop ‘dumsor’ – Agyeman-Duah

Published

on

By

Professor Agyeman-Duah also chastised the administration for the slow speed at which it is addressing electricity concerns. He argues that given the frequency of power outages, the government should have taken a more serious approach to finding long-term solutions, but this has not been the case.

Professor Baffior Agyeman-Duah, a Governance Expert, has urged President Nana Addo Dankwa Akufo-Addo to show leadership by summoning all major players in the power sector, including the Electricity Company of Ghana (ECG), the Ghana Grid Company Limited (GRDCo), the Volta River Authority (VRA), and the Public Utilities and Regulatory Commission (PURC), and giving them marching orders to resolve the power crisis.

He believes he’ll be astonished if the president hasn’t done so already.

Speaking on the Ghana Tonight broadcast on TV3 on Monday, April 22, Prof Ageyman Duah remarked, “I will be surprised that the president has not called the leadership of the VRA, GRIDCo, ECG, and PURC, to sit them down to give them the marching order that he doesn’t like what they are doing.

“That is leadership, we need the president to be giving the marching orders. As I said, if he has done it privately I don’t know but based on the public pronouncements by these state agencies in charge of the energy sector, it seems like he hasn’t done that.”

Professor Agyeman-Duah also chastised the administration for the slow speed at which it is addressing electricity concerns.

He argues that given the frequency of power outages, the government should have taken a more serious approach to finding long-term solutions, but this has not been the case.

He went on to say “The government hasn’t been too active in seeking solutions to problems”

Prof. Baffour Agyeman-Duah also urged the state power distributor, the ECG, to produce a load-shedding schedule.

This, he believes, will help power consumers arrange their lives more effectively.

“The wise thing to do is to issue a timetable,” Professor Baffour Agyeman-Duah said.

Meanwhile, Richard Ahiagbah, Director of Communications for the New Patriotic Party (NPP), has stated that power shortages in certain areas of the country are annoying.

However, he stated that there is light at the end of the tunnel for the problem.

Mr Ahiagbah ascribed the problem to the Electricity Company of Ghana’s (ECG) maintenance work.

He told us that the job would be done quickly.

“The recent power outages have been understandably frustrating. However, there is an end in sight. The maintenance works are almost complete, and we can soon expect access to an uninterrupted power supply around the clock, as we have become accustomed to under the Akufo-Addo-Bawumia Administration.”

Regarding the criticism that members of the National Democratic Congress (NDC) have made against the administration over the outages, he stated, “The NDC is the last political organization to point fingers because Ghana has not forgotten the hurts of the ‘real dumsor,’ suffered under H.E. Mahama.

Continue Reading

Trending

Optimized by Optimole