News
Infidelity must be condemned on both sides
Will it be accepted that, a husband should still accept it like that and take care of his wife’s children outside their matrimonial home in a case where the wife out of the blue comes to say her husband’s children are not his biological children after all?
I am asking because, some adulterous men have had their way one too many times in situations like this and the only thing that happens to the “pained wife” is for her to accept the children because they are her husband’s children regardless they are born outside their marriage. It is a bitter pill to take but part of society and some family members have a way of making this happen.
Let’s just say we are flipping the script. Sometimes we have to remind men that women too have blood running in them.
I am totally against adultery “zina”; I will never encourage any married woman to cheat on her partner no matter what. The best I can say is if she’s tired of his cheating ways, she should just opt out for her sanity but to say she should also cheat back ‘deirrr’, Allah forbid.
But I am concerned as a society that is always preaching against all forms of cheating in marriage. Don’t we think the same way we hit on women who fall short of being faithful in their marriages, should be the same way we do to the men?
But it seems and suggests that, it’s always must be the one way story. The one way is to please the men over the women no matter what. The men are always right. A married man will shamefully go out there and produce innocent children by heart with one or more women. Keep it secretly for years only for it to be known one day by his wife and relatives but the best thing you hear is, the wife must take the children based on the fact that, they are her husband’s.
Over time, I pick up conversations with different women from different religious backgrounds, age range, different years of marriage experience and you will be surprised to hear some of the responses on what they would do if they found out their partners were having extra marital affairs/ or brought a child/ children from outside.
Some would say “they will leave the marriage.”
By Adizah Ibrahim Abu, Social Commentator
News
Ghana achieves 98% participation in Eurobond debt restructuring
The Ministry of Finance has announced the successful completion of its Eurobond debt exchange and consent solicitation process.
The initiative, which aims to restructure Ghana’s Eurobond debt, has received overwhelming support from bondholders, marking a significant milestone in the country’s economic recovery efforts.
Launched on September 5, 2024, the offer invited eligible holders of Ghana’s Eurobonds to exchange their existing bonds for new ones under two menu options—Par and Disco.
As of the final expiration deadline on September 30, 2024, 98.6% of bondholders, representing the recognized principal amount of the existing bonds, participated in the offer.
During the bondholder meetings on Thursday, October 3, holders of the 2013, 2014, and 2015 WB-Guaranteed Notes passed extraordinary resolutions with over 90% representation, enabling the restructuring process to proceed smoothly.
Meanwhile, for Aggregated CAC Notes, consents exceeded 98.7%, meeting the required thresholds for the exchange.
A majority of bondholders (91% of the principal amount) opted for the Disco menu of new notes, while 7.6% chose the Par menu, which remained under its cap of U.S. $1.6 billion, leaving a balance of U.S. $605 million available for future allocation.
Subject to the terms of the exchange, a total of U.S. $126 million in consent fees will be distributed to eligible bondholders who submitted their instructions by the early consent deadline.
The new bonds are expected to be issued on or around October 9, 2024, with full settlement to follow shortly thereafter.
The successful completion of this exchange is a critical step in Ghana’s broader debt restructuring efforts under its International Monetary Fund (IMF) programme, further strengthening the country’s path towards debt sustainability and normalizing relations with international capital markets.
The Government of Ghana expressed gratitude to bondholders for their participation and support, emphasizing that this successful outcome reflects a shared commitment to restoring the country’s economic stability.
In preparation for the issue date, all existing Eurobonds, including those for which no consent or exchange instructions were given, will be blocked from trading to ensure a smooth final settlement.
Source: Citinewsroom.com
News
Update on Nana Asante Bediatuo’s health
The Office of the President has responded to news making rounds regarding the health of Secretary to the President, Nana Asante Bediatuo.
According to the office in a statement, they wish to inform the public about the health status of Nana Bediatuo Asante, Secretary to the President.
They revealed that following the conclusion of the meeting of the 79th United Nations General Assembly (UNGA) in New York, in the United States of America, where he served as a key member of President Akufo-Addo’s delegation.
The statement added that Nana Bediatuo Asante stayed behind to conduct further government business.
They added that he then began to feel unwell, and was subsequently admitted to hospital.
According to the statement, he is currently in stable condition and responding well to treatment. The medical team added that, Nana Bediatuo Asante’s recovery is on track, and we remain hopeful for his swift return to full strength.
“We ask for continued prayers and support for him and his family during this difficult period. Further updates will be provided when necessary,” he concluded.
By Edem Mensah-Tsotorme
