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McDan Boss Wins Top Award

McDan Boss Wins Top Award (0)

Dr. Daniel Mckorley, Chief Executive officer (CEO) of McDan Shipping Company, has won the ‘CEO of the Year Award’. This was at the second edition of the Ghana Shippers Awards, jointly organize by Globe Productions, the Transport Ministry, the Ghana Shippers Authority (GSA) and Graphic Communications Group, in Accra. Mr. McDonald Vasnanie, CEO of Conship, was adjudged the ‘Entrepreneur of the Year’ with the ‘Promising Entrepreneur’ award going to Isaac Amoako-Mensah. Mrs. Della Russel Ocloo, a journalist with the Graphic Communications Group took the prize for the ‘Reporter of the Year’. Over 40 shipping companies including Consolidated Shipping Agencies Limited, Sea and Shore services Ghana Limited, Transglobal Logistics Limited, Benmarine Services Limited and Swissport Ghana Limited received prizes. Mr. Kwaku Ofori Asiamah, Minister of Transport, applauded the initiative to recognize excellence in the shipping industry. The awards would serve as motivation to everybody – to up their game and improve the quality of client service. He underlined the government’s unswerving determination to create the right conditions and support local and private enterprises to succeed. This was vital to its drive towards job and wealth creation to put the nation beyond aid. Mr. Asiamah said the paperless system at the ports was meant to bring about efficiency and facilitate business operations at the ports. He encouraged the companies to continue to stick with best practices to expand and lead the nation’s socio-economic growth. Ms. Benonita Bismarck, the CEO of GSA, said the award was to recognize individuals and companies that played significant roles in the growth and development of the industry. It was also to acknowledge the key functions within the industry which promoted growth and sustainability. She announced that there was an 18 percent increase in demurrage payment in the first quarter of the year. That came to US$15.4 million dollars. Source: The New Crusading Guide

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Prophet Emmanuel Badu Kobi, has been honored with another doctorate degree award by the Confederation of Governance Assessment Institute (COGAI) in partnership with Bureau of Research on Governance, Commerce and Administration (BORGCA). The ceremony took place over the weekend in Ghana at the Bank of Ghana Auditorium of the University of Ghana, Legon. Prophet Kobi received the Pan African Prestigious Honorary Doctorate Degree Award in recognition of his prophetic ministry. Conferment by Alfred Nobel University, Pernopil State Economic University and Vinnitsya State Pedagogical University under the auspices of Ministry of Education Ukraine. Other awardees were Dr. KK Peprah and Sheik Dr Kalifu. According to the organizers, their research, assessment and selection committees have considered some selected individuals under their watch to unveil their excellent performance to the general public hence the awards. Founded by Prophet Dr Emmanuel Badu Kobi 18 years ago, Glorious Wave Church is located at Sakumono Estate, behind Cable Gold building with the mandate of changing lives of people.
External sector performance has improved significantly in 2017 an the overall BoP recorded a surplus of US$1,091million (+2.3% of GDP) in 2017, compared with a surplus of US$362.1million (+0.6% GDP) in 2016, the Finance Minister, Ken Ofori-Atta has said. The improvement largely reflected an improvement in the trade balance driven by increased crude oil and gold export receipts coupled with a decline in imports, he added. Delivering the mid-year budget review on Thursday, the sector minister told Parliamentarians that, the trade balance improved from a deficit of US$1.8 billion in 2016 to a surplus of US$1.1 billion in 2017, due to increased exports receipts by 23.5 percent and a contraction in imports by 1.8 percent. ‘’The improvement in the trade surplus translated into an improved current account balance, which combined with the significant increase in the capital and financial accounts resulted in a significant build up in international reserves. 41,’’ he said. According to him, ‘’the services and income accounts recorded net outflows during the year, which was compensated for by the transfers account as remittance inflows improved significantly. Consequently, the provisional estimates of the current account deficit improved to US$2.1 billion in 2017, compared with US$2.8 billion in 2016. The capital and financial account surplus went up by 17.9 percent, due to a significant increase in portfolio investments during the period.’’ On International Reserves, the Minister said, ‘’the Gross International Reserves at the end of December 2017 was estimated at US$7,554.8 million, from a stock position of US$6,161.8 million at the end of December 2016, representing a build-up of US$1,393.0 million. This was sufficient to provide cover for 4.3 months against 3.5 months of imports over the comparative period.’’ On Exchange rates the minister said the Ghana cedi remained stable against the major currencies, on account of improving macroeconomic fundamentals and higher foreign exchange inflows. However, the foreign exchange market witnessed some volatility in December 2017, in line with the seasonal demand pressures. 44. Cumulatively, on the interbank market, the Ghana cedi depreciated by 4.9, 12.9, and 16.2 percent against the US Dollar, British Pound Sterling and Euro, respectively, in 2017, compared to the same period in 2016, the Cedi depreciated cumulatively by 9.7 and 6.4 percent against the US Dollar and the Euro, respectively, but appreciated by 8.3 percent against the British Pound Sterling.
The Finance Minister, Mr Ken Ofori-Atta has revealed that investigations conducted by authorities have exposed existing revenue leakages. According to him, in order to improve revenue performance, government will intensify tax compliance and block all the leakages. He made the remarks during the presentation of the mid-year budget review in Parliament today [Thursday]. Government he announced is rolling major initiatives to enforce existing tax laws. Tax evaders he warned are going to be prosecuted to serve as deterrent to other offenders who are depriving the state of its needed resources. ‘’… as part of efforts to improve revenue performance, we will intensify tax compliance and plug existing revenue leakages. Investigations we have undertaken show inbound leakages on goods arriving in the country, significant outstanding tax debts, abuse of suspense regime in the area of warehousing, transit trade, and free zones, and tax audit issues such as limited coverage, low auditor productivity, and low audit yields. He added ‘’…we are rolling out major initiatives to address these tax compliance issues. Mr. Speaker, these initiatives will include prosecutions of tax evaders and corrupt tax officials…’’ A ‘’special VAT Attack force to ensure enforcement and deepen VAT penetration from the current low levels of 11 percent, and institutional reforms at GRA,’’ he assured. The Minister went on to state that, ‘’Mr. Speaker, tax compliance will also be boosted by the implementation of the Common Platform for Communications Traffic Monitoring, revenue assurance, mobile money monitoring, and fraud management. The Common Platform will provide government with an accurate and comprehensive view of telecom revenues in order to verify tax compliance and to ensure the comprehensive billing and collection of all telecom-related taxes, levies, and regulatory fees.’’
Government will continue with the implementation of its flagship education policy, the free senior high school Ken Ofori-Atta, Finance Minister has said. The Minister presenting the mid-year budget review to Parliament said a total of 362, 000 students in all public senior high schools are benefiting from the policy. Out of the figure, 170, 000 are day students and 244, 000 boarding students. Over GHc 899 million has been released for the implementation of the free SHS (2017-2018). In addition, sufficient allocation has been made in the 2018 budget to cover the first term of 2018, he added. The Minister also noted that, ‘’in order to address the challenges identified with the implementation of the programme, 96, 430 mono desks, 32, 000 dining hall furniture, 2,000 tables and chairs for teachers, 4, 953 bunk beds, 430 student mattresses, 51 computer lab chairs have been supplied to various senior high schools. On the Nation builders Corps programme, the Minister Ken Ofori-Atta said, the 2018 budget allocated an amount of GHc 600 million for the implementation out of which GHc 300 million has been released to take care of the initial cost of the programme. Touching on nursing training allowance, he said, an amount of GHc 311 million was allocated in the 2018 budget to pay the allowances of 68, 000 trainee nurses for the 2017/2018/2019 (first semester). He added, as at the end of June 2018, GHc 122.4 million has been released to pay 51,000 beneficiary trainees. Sufficient allocation he stated has been made to cater for some 17, 000 new entrants into various nursing training institutions. GHc177 million was also allocated for the payment of allowances for 49, 000 teacher trainees in the 41 colleges across the country out of which GHc78.5 million representing 44 percent was released to pay for the teacher trainee allowance for the second semester and each student received GHc400 per month for 4 months.
Finance Minister Ken Ofori-Atta has announced that government has imposed a luxury vehicle tax on vehicles with a capacity of 3.0 litres and above. Presenting the mid-year budget review to Parliament, the Finance Minister, announced that based “on the under-performance for the first five months of 2018, we will end the year with an estimated deficit of 4.9% of GDP compared to the programmed target of 4.5%, resulting in a fiscal gap of GHs870 million, unless we immediately implement some fiscal measures; intensive tax compliance measures, New revenue measures, Intensive Conversion of NHIL (2.5%) to a straight levy, Conversion of GETFund VAT rate of 2.5% to a straight levy, Imposition of luxury vehicle tax of GH¢1,000-GH¢2,000 on non-commercial vehicles with capacity of 3.0 litres and above, review of PIT to include an additional band of GH¢10,000 and above per month at a rate of 35% and downward adjustment discretionary expenditures.” Mr Ofori-Atta further noted that, efforts would be employed to help intensify tax compliance measures to make sure that they collect all taxes due the state. On the depreciation of the Ghana cedi against major currencies, he said, “The performance of the cedi in the 18 months under. In spite of all the strong fundamentals, we have seen the cedi come under pressure. This is primarily due to external pressures. In spite of the challenges, we have put the right measures in places to make sure that we have a robust economy. The cumulative rate of depreciation of the cedi from January to June 2018 is 2.4% as against 17.2% in 2012.”
Rehabilitation works on the Accra-Nsawam Railway line is expected to be completed by December 2019, the Minister of Railways Development, Joe Ghartey has announced. Appearing before Parliament yesterday [Wednesday] The Minister said passenger and light train service will be restored by December this year. The rehabilitation contract which was signed in 2017, was awarded to the Ghana Railways Company and valued at GHc15,034 million. But the Minister told Parliamentarians that the contract had to be extended due to unforeseen circumstances. He particularly made reference to the difficulty related to acquisition of treated wooden sleepers. He said, ‘’the acceptable quality of the sleepers could not be obtained in Ghana. An offer from the United States of America also proved unsuitable. Suitably treated wooden sleepers were identified in China. An order has placed and the sleepers will be delivered by August 2018.’’ The Minister also lamented the deterioration of the formation, caused in some cases by human activity. ‘’The ballast will be replaced and all rotten sleepers will be replaced. The formation will be restored where it has been destroyed. The existing stations will also be rehabilitated under this rehabilitation programme.’’ “Mr Speaker, the evaluation of the responses to the request for qualification has been completed and 14 firms have been invited to participate in the final stage of the procurement process which is Request for Proposals. The communication for Request for Proposals was issued to the successful bidders on Thursday 12th July 2018 and the deadline for response is August 27th 2018,” he told Parliament as an answer to questions posed by Frank Annoh-Dompre. He continued, “Mr Speaker, after this, Government shall commence the process of negotiation with the successful bidder. It is intended that the agreement with the successful bidder will be concluded in or before October 2018 and presented to Parliament for approval. Soon, thereafter the construction of the new standard gauge Eastern Rail Line will commence.”
The Ghana Association of Administration Management (GAPAM) has organized a workshop on the role of public sector to achieve sustainable development goals with the aim of ending poverty in the country by 2030. Sustainable development goals are worldwide goals to ensure peace, end poverty and to ensure sustainability on earth. To achieve these goals, it involves people, she stressed. The President of GAPAM, Dr. Gifty Oforiwaa Gyamera further said that, they will work hand in hand with the public-sector workers to develop a universal aim to end poverty, protect the lives and properties as well as ensuring peace and prosperity for all Ghanaians by 2030. Adding, she stated that the public sector directly provides needed goods to enhance these achievement goals so by 2030, they are certain to have attained these sustainable development goals with their cooperation with the public-sector workers. To achieve this, we believe that there is the need to equip them with skills, knowledge and capacity to be able to meet the sustainable development goals. We need to harness all our efforts together with these key players to meet our goals, she stated. By: Priscilla Obeng Asantewaa (Intern, Rainbow Radio)
President Nana Akufo-Addo has eulogised the late Nelson Mandela for his dynamism and hard work. The Ghanaian leader in his speech to commemorate the late South African leader said although he became president at an older age, he was a great leader. ‘’President Nelson Mandela, in government, was an inspiration. He made much of being an old man, and he was 76, when he became president. But his period in office was marked with dynamism and hard work. He led by example, and could point to concrete achievements,’’ he said. The president in his speech said made reference to a statement the official biographer of the late leader said about the late African leader. He said: According to Anthony Sampson, Mandela’s official biographer, by the end of his administration, and I quote: “three million people were connected to telephone lines and safe drinking water, 1.5 million children were brought into the education system, 500 clinics were upgraded or built, two million people were connected to the electricity grid and 750,000 houses were built providing shelter for nearly three million people.” He opined that, ‘’these are impressive figures by any standard, and the infrastructure developments would be cited forever, but I believe the area that would demonstrate the greatest impact of Mandela would be in his style of leadership. He added: ‘’It was often said that the biggest problem with Mandela was he was too willing to see the good in other people. He did not deny this, but the answer he gave is worth recounting here.’’ President Akufo-Addo further said: ‘’ But Mandela was not a naïve man. Just as he insisted that he was not a saint, he knew that even the best of men would often succumb to the temptations of office. Let me recall here what he said on this, and I quote: “history never stops to play tricks even with seasoned and world-famous freedom fighters. Frequently, erstwhile revolutionaries have easily succumbed to greed, and the tendency to divert public resources for personal enrichment ultimately overwhelmed them. By amassing vast personal wealth, and by betraying the noble objectives which made them famous, they virtually deserted the masses of the people and joined the former oppressors, who enriched themselves by mercilessly robbing the poorest of the poor.” In other words, whereas he would treat everyone from the perspective that that they were men of integrity and honour, he was well aware that the best of them often succumbed to greed, and enriched themselves from public funds.’’
Obaatanhene of Gomoa Buduburam in the Gomoa East District of the Central region, Nana Ekow Amoasi I and the some unit committee members in the area have apprehended seven minors engaging in prostitution. The girls who are between the ages of 12 and 15 years parade the streets of the Buduburam camp selling their bodies to clients and offering sex in exchange for money and other benefits. Speaking in an interview with Nyankonton Mu Nsem on Rainbow Radio 87.5Fm, the chief said he has served notice to some young people in the area who engage in smoking and the sex trade to stop but all provide futile. He lamented that, some of these activities are carried out in front of his palace and that was something he frowned upon. The traditional ruler said he had to mobilize support and that was what led to the arrest of the minors. “The girls go and chase after men in the evening for sex and I have instructed that their cubicles be destroyed. The area is gradually turning into a hub of prostitution and other acts that society frowns upon and I will not sit unconcerned,’’ he stated.
The Chairman of pro-New Patriotic Party (NPP) vigilante group, Delta Force, Kojo Fosu Bamba has challenged the Ashanti regional Police Command to conduct proper investigation into the killing of some seven suspected robbers some few days ago. Three of the suspected robbers have identified as members of the Delta Force and its chairman has also confirmed on Rainbow Radio 87.Fm that, the three identified provided security for the party at the recently held delegates’ conference in Koforidua. Seven suspected armed robbers were on Tuesday afternoon gunned down by a team of personnel from the Ashanti Regional Police SWAT Unit at Poano near Anhwiakwanta on the Kumasi-Obuasi road. The gun-wielding robbers, believed to belong to a gang who killed the late Lance Corporal Daniel Tieku of the SWAT Unit, last week (June 11, 2018), in one of their operations, were said to have attempted to open fire on the police as they approached them. But Bamba told Kwame Tutu on Frontline on Rainbow Radio 87.5Fm that, the three are not known robbers rather members of the Delta Force who were providing security for the NPP. ‘’We were with them in Koforidua. One of them was providing security for one of the candidates who contested the Nasaara Coordinator position. We know them. We cannot deny them because they are dead.’’ ‘’The police claims the three were armed robbers but we disagree. We have not witnessed or seen them engaging in robbery before. And so, we will appeal to the police to launch an investigation into the matter. I will not fault the police until they have been able to conclude an investigation into the case. We [Delta Force] has also launched an investigation into the matter and if it is established that they were armed robbers, we will hand over everything to God and if it turns out that they were not armed robbers, we will also hand over everything to God.’’ He however, called for calm and advised members to desist from taking the law into their own hands and rather allow the police to conduct proper investigation into the matter. ‘’Do not take the law into your own hands and misbehave. Allow the police to probe the matter. If you misbehave, we will assist the police to arrest you,’’ he warned.
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