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2 institutions donate to Accra Psychiatric Hospital
The Accra Gye Nyame Lions and Leo Club together with IDonate Ghana on last Saturday donated assorted items to the Children’s ward of the Accra Psychiatric Hospital.
Some of the items included bags of rice, gallons of oil, detergents, disinfectants, buckets of powdered soap, liquid soap, packs of diapers, toilet rolls, scrubbing brushes and other cleaning materials.
Presenting the items, The President of the club, Lion Jennifer Dzikunu, said the donation was part of the national volunteer day which the club observes on September 21 every year alongside IDonate GH.
She said the club was poised to help people and communities in need tacking nine thematic areas including, “childhood cancer, hunger, youth, disaster relief, environment, humanitarian, vision and diabetes.’’
The club focuses on serving humanity and communities that are in need and is the largest humanitarian service organization in the world with 1.4m members in 49,000 local clubs servicing in 200 countries globally.
Receiving the items, the Senior Nursing Officer at the hospital, Bridget Ayatey, thanked the donors and stated that it would go a long way to help them in the discharge of their work.
She also acknowledged that there were 14 patients currently at the children’s ward and had to change diapers of each of the 12 inmates, at least three times a day which made the diapers an important donation.
The Lead Volunteer of IDonate Ghana, Naa Amarley Tagoe, in an interview with The Spectator, stated that the organisation had supported the Accra Psychiatric Hospital Children’s Ward since 2016.
IDonate, is an online-based charity founded in 2014 that supports less fortunate children and those with special needs in public and private institutionalised care.
Naa Amarley said, “we redirected our fundraising efforts to support the hospital,” adding that, “the annual clean-up exercise, meal service, and supply donations have continued for eight years with inspiration from a December 2015 TV3 report highlighting patient neglect during festivities.”
As part of the donation, activities like feeding of inmates and clean up exercises were held as a way of interacting with the inmates and showing support.
By Nii Ayitey Brown
News
Over GH₵80m was collected in betting tax, Amin Adam got it wrong – Finance Minister
Ghana’s Minister for Finance Ato Forson says the claim by former Finance Minister Mohammed Amin Adam that the erstwhile administration never implemented the betting tax is not factual.
Speaking at a new conference on Tuesday, March 11, shortly after the Finance Minister presented the new government’s first budget statement and abolished the e-levy, betting tax among others, the former Finance Minister said the NPP government never enforced the controversial tax on lottery and sports betting winnings.
Dr Amin Adam said it was deceptive for the NDC government to claim to abolish a tax that was never collected although the law was passed in 2023.
“Betting tax that they said they have abolished, we never collected Betting Tax. So to come and tell Ghanaians that you have abolished something that you have not implemented, is to deceive the people of Ghana.”
Responding to the claims in an interview with Evans Mensah on JoyNews’ PM Express on Tuesday night, the Finance Minister said his colleague on the other side appears not to be on top of that issue.
“I don’t think he’s on top of that matter because my checks revealed that it was implemented in the second half of 2024. And my checks also reveal that year-to-date, the government of Ghana has collected over GH₵80 million from betting tax, so I don’t know what he’s talking about. It is not the fact. The fact on the ground does not support his assertion. Clearly, the betting tax was implemented,” he insisted.
News
Whoever created BoG’s GH₵53bn negative equity mess should be held responsible – Dr. Atuahene
Banking consultant Richmond Atuahene has called for accountability over the Bank of Ghana’s (BoG) GH₵53 billion negative equity, insisting that those responsible for the mess must be held accountable.
In an interview on Joy FM’s Midday News on Wednesday, March 12, he called for those responsible for breaching financial regulations to be summoned before Parliament to explain their actions.
“There was a law that stated they should not exceed a 5% fiscal financing threshold, yet they went as high as 60%. This is a clear violation, and they cannot claim ignorance. The Governor, the Minister, and those involved must be held accountable for their actions,” he asserted
His comment comes after the Finance Minister, Dr. Cassiel Ato Forson, advised BoG to explore internal cost-cutting measures instead of relying on taxpayer funds for a GH₵53 billion bailout to address its negative equity position.
Dr. Atuahene supported the Finance Minister’s stance that the government cannot afford to recapitalise the central bank at this time, given the nation’s fiscal constraints.
“Like the Minister said, you don’t create a mess and leave it for others to clean up. Whoever created this mess must take personal responsibility. When they engaged in the monetisation of fiscal deficits in 2021 and 2022, some of us warned them about the consequences, but they didn’t listen,” he stated.
Dr. Atuahene stressed that rather than relying on external funding, the Bank of Ghana should explore internal restructuring, cost-cutting, and asset sales, including a sale-leaseback arrangement on some of its properties, to raise the necessary capital.
He also highlighted the potential damage to Ghana’s international credibility if the Bank of Ghana remains in a financially distressed position.
“This affects Ghana’s credibility. BoG has correspondent relationships with the Bank of England, the Federal Reserve, and the African Development Bank. If it continues to operate in a capital-deficient state, international institutions may lose confidence in our financial system,” he warned.
Dr. Atuahene also criticised the central bank for insisting that it is “policy solvent,” arguing that capital solvency is more critical in this situation.
“You can claim policy solvency all you want, but if you are capital insolvent, it means you cannot function properly. BoG has been making losses year after year. They made losses in 2023, and they are making losses in 2024. How long will this continue?” he questioned.
Source: Myjoyonline.com
