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Fidelity, StanChart picked for Energy sector bond – Starr Fm

Government has appointed Fidelity and Standard Chartered banks as lead managers for the issuance of the Energy Sector Levy Act (ESLA) bond. The two banks are expected to raise GHS10 billion. They were selected after evaluating 10 proposals received in response to the Request for Proposals. As part of …

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Be silent if you can’t praise – Ofori-Atta to Minority – Starr Fm

Finance Minister Ken Ofori-Atta has hit hard at the minority members of parliament over their crusade against issuance of $2.25 billion bond. The Minister is admonishing the National Democratic Congress MPs to cease bad mouthing the deal if they cannot acknowledge government’s genuine efforts at fixing the “broken” economy. …

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Minority cries out of ignorance – Ofori-Atta – Starr Fm

Finance Minister Ken Ofori-Atta has maintained that the $2.25billion bond issued by the government in April was done transparently without any “breaches of integrity.” The Minority at a press conference following the issuance of the bond accused government of wrongdoing and Mr. Ofori-Atta of conflict of interest and insider trading. …

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Minority scaring away investors – Ofori Atta – Starr Fm

Finance Minister Ken Ofori Atta has chastised the minority in parliament of scaring away investors following their insistence that the $2.25billion bond issued by government was done in secrecy. The Minority at a press briefing on April 18 accused government of wrongdoing in the issuance of the bond accusing …

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Ofori Atta to brief Parliament over 2.25bn bond – Starr Fm

The Finance Minister is expected to explain the circumstances surrounding the issuance of the 2.25 billion dollar bond when he comes before Parliament today, Wednesday June 7. Ken Ofori Atta was summoned to the House by the Speaker after the Minority Leader moved a special motion requesting that the …

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Minority’s bond crusade won’t affect economy – Ayariga – Starr Fm

The Member of Parliament for Bawku Central Mahama Ayariga has parried claims the minority’s crusade for full disclosure in the 2.25 billion dollars bond saga will negatively affect Ghana’s economy. The Minority has accused the government  of wrong doing in the transaction blaming the finance minister Ken Ofori-Atta of conflict …

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Ofori-Atta given 7 days to brief MPs on $2.25bn bond – Starr Fm

Parliament has ordered  Finance Minister Ken Ofori Atta  to furnish the House with information regarding the issuance of the 2.25 billion dollars bond within a week. The order is at the behest of the Minority who have maintained the issuance of the bond is shrouded in secrecy. They have …

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Nana Addo excludes Sports Ministry from Cabinet – Starr Fm

President Nana Addo Dankwa Akufo-Addo has presented a 19-member Cabinet to Parliament. The President had been under immense pressure from the minority to name his cabinet after he named his ministers some three months ago. Conspicuously missing from the list read by the Speaker of Parliament Professor Mike Ocquaye …

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8000 NAGRAT members left unpaid – Starr Fm

Over 8000 members of the National Association of Graduate Teachers have been left unpaid following the decision by the finance ministry not pay workers who have not registered with SSNIT. According to the President of NAGRAT, Angel Karbonu, although the affected individuals are already registered with the Social Security …

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SEC petitioned to probe Ofori Atta over $2.25bn bond – Starr Fm

The Dynamic Youth Movement of Ghana (DYMOG) has petitioned the Security and Exchange Commission (SEC) over a $2.25 billion bond issued by the government. DYMOG wants the Commission’s Hearing and Administrative Committee to investigate circumstances surrounding the raising of the Bond by the Ministry of Finance which it believes …

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