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Sylvia Annor: We’ll institute COVID-19 safety protocols before undertaking registration exercise
The Electoral Commission (EC) has assured the electorate that it will put the necessary safety protocols in place to ensure that they are adequately protected against COVID-19 contraction while undertaking the exercise.
In furtherance of that it indicated that not more than 25 people would be permitted at a registration centre at a given time when the commission begins the mass voter registration exercise for the December polls.
Sylvia Annor, the Communications Director for the Electoral Commission, made the disclosure and noted that the commission was poised to develop a new voters’ roll for the upcoming presidential and parliamentary elections.
“At each point in time we will ensure that we do not have more than 25 persons including the officials at any registration centre, people coming to register will be given hand sanitisers before they enter the registration centre, you need to wear a face mask, without a face mask you cannot enter a registration centre and there will be no crowding at the registration centre, I can assure you,” she said.
Ms Annor reiterated the EC’s position that existing Voter’s ID cards would not be accepted as proof of identity during the registration exercise and insisted that the electorate needed a Ghanaian passport or Ghana card, if for one reason or the other the electorate don’t have any of the two then they have to get two guarantors to guarantee for them.
“We are not using the old voters’ ID card, the voters’ ID card, some people argue, is not a good index for identification, it’s an established fact that the ID card is not a good index for proof of identification,” she maintained.
But the National Democratic Congress (NDC) has alleged that the EC and the National Identification Authority (NIA) are conspiring to suppress votes in the strongholds of the party.
Addressing a news conference recently, Ofosu Ampofo, the National Chairman of the NDC, alleged that the decision of the commission to push for the Ghana card, birth certificate and passport as the primary documents required to register during the voters’ registration exercise was part of a grand scheme to rig the 2020 elections in favour of the New Patriotic Party (NPP).-starrfmonline.com
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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
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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
