News
Chieftaincy disputes pose a threat to investment
The Western Regional Minister, Mr Kwabena Otchere Darko-Mensah, has bemoaned the numerous chieftaincy disputes which continued to pose serious threats to the peace and security of the region.
He said notwithstanding efforts by the security agencies, almost all the districts in the region have one issue or the other. Prominent among them are the protracted chieftaincy disputes at Dixcove, Fijai, Essipon, Komfueku, Ateiku, Dompim-Pepesa and Shama.
The region, he said, continued to enjoy relative peace, with no cause for fear and panic, adding that it is heart-warming to note that intensification of security patrols has brought some relief to residents of the Sekondi-Takoradi Metropolitan area but nevertheless, vigilance and personal security on the part of every citizen is required to ensure safety.
Mr Kwabena Otchere Darko-Mensah expressed these concerns at a two-day meeting with members of the Western Regional Coordinating Council (WRCC), which was the first meeting of the year.
He explained that the meeting was always held in the first quarter of the year but the COVID-19 pandemic forced people to adjust meetings because of the numbers involved.
He said the Regional Security Council (RCC) met periodically and at emergency sessions to deal with and review security issues in the region, among such issues dealt with was the resolution of impasse between the Chief Imam of Sekondi Mosque, and the Sekondi-Zongo Chief over the management of the Sekondi Central Mosque.
The Regional Minister told all districts that have not yet elected their presiding members to do so as a matter of urgency, adding “failing to do so may lead the President declaring the assembly as having been in default and may consequently transfer the performance of its functions to a person or body by Executive Instrument and dissolve or suspend it for not more than one year (Section 37 of the Local Governance Act, 2016(Act 936).
He congratulated Mr Benjamin Kessie, Dr Isaac Dasmani and Alhaji Abdul Mumin-Issah on their appointment and subsequent confirmation to the high office of Chief Executive of their respective assemblies.
He also congratulated the 10 Presiding Members (PMs) on their election; and further implored the remaining four assemblies (Wassa Amenfi West, Amenfi Central, Ellembelle and Wassa East) who have not yet been able to elect their PMs to do the necessary consultations, to ensure the election of their PMs.
He indicated that guidelines have been issued for the MMDAs and MDAs to prepare their 2021 Annual Budget and this is where it is essential for all the assemblies to have their Presiding Members elected.
Mr Darko-Mensah noted that until the laws change, the District Assemblies remained non-partisan and should, therefore, conduct their affairs as such.
He told the MMDAs to be business-like in their approach, always seeking to create value.
Mr Darko-Mensah appealed to all the MMDCEs to cooperate very well with the various technocrats to come out with feasible developmental agenda for the total development of the communities.
Present at the meeting were traditional leaders, MMDCEs, Presiding Members, coordinating directors and all heads of departments.
From Peter Gbambila, Takoradi.
News
We have built enough buffers to pay all DDEP obligations – Finance Minister Ato Forson
Finance Minister Dr Cassiel Ato Forson has assured banks that the government has built sufficient financial buffers to meet all Domestic Debt Exchange Programme (DDEP) obligations this year.
Speaking at a high-level meeting with over 22 Managing Directors of banks, he reaffirmed the government’s commitment to fiscal responsibility and restoring confidence in the financial sector.
“We do not intend to default,” Dr. Forson declared.
“All outstanding holdouts have been paid, and we have put in place the necessary buffers to ensure that every single DDEP obligation for this year will be met.”
The Minister explained that these buffers were created through fiscal discipline, strategic investment cuts, and prudent resource allocation.
As part of this approach, the government has reset goods and services expenditure to 2023 levels and is working to achieve a primary surplus of 1.5% to sustain economic stability.
He also announced plans to submit a fiscal responsibility rule to Parliament, which will set a debt ceiling that the Ministry of Finance cannot exceed.
This measure aims to prevent excessive borrowing and reinforce financial discipline.
Beyond ensuring timely DDEP payments, Dr Forson revealed that the government is taking deliberate steps to reduce reliance on the Treasury bill market.
By improving coordination between fiscal and monetary policies, the government aims to stabilize interest rates and ease liquidity pressures on the banking sector.
Source: Myjoyonline.com
News
NSA commences President Mahama’s ‘Nkoko Nkitikiti’ vision
President Mahama’s Vision in Progress as the National Service Authority has received 10,000 “Nkoko Nkitikiti” (Day Old Chicks ) earlier this morning.
Their ongoing 100,000 Poultry infrastructure will be receiving 10,000 Day Old Chicks every few weeks until they hit their 100,000 mark for Broilers at a site in NSA Demonstration farm in Accra.
NSA is working assiduously nationwide with partners to put the infrastructure in place for hundreds of thousands of Poultry Capacity for Broilers in clusters.
Egg production is also top of their agenda in separate projects. NSA is currently putting in place the infrastructure that will receive thousands of layers in President Mahama’s quest to bring down the cost of eggs.
They expect to expand their poultry capacity base in furtherance of President Mahama’s vision to reduce the importation of poultry products and create employment
