The respondents in the 2020 presidential election petition at the Supreme Court of Ghana have filed their separate witness statements and other processes as per the orders of the apex court.
…Parliament to conduct virtual sittings amidst fears of positive COVID-19 cases
The Speaker of Parliament, Rt. Hon. Alban Sumana Kingsford Bagbin, has directed Members of Parliament (MPs) to observe proceedings from their offices in the State Tower Block, popularly known as Job 600, when the House resumes sitting next week.
…EC files legal objections to Mahama’s election petition
The Electoral Commissions of Ghana which is the 2nd Respondent in the 2020 presidential Election Petition at the Supreme Court has filed a 22-point legal objection as per the orders of the Supreme Court.
…Ministerial nominees out: Osafo Maafo, Gloria Akufo, Hajia Alima Mahama, Joe Ghartey out; Seth Acheampong, Joseph Yakubu in
The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, has released a list of his ministerial appointees with some key personalities in his previous administration missing in action.
…It’s absolutely illegal – Majority Group cries over voting rights of a deputy Speaker
The Majority Group in the Parliament of Ghana has expressed worry over the voting rights of the First Deputy Speaker who per the provisions of the Standing Orders of the House, chairs the Appointments Committee.
…NDC caucus demands copies of handing over notes from govt appointees
The National Democratic Congress(NDC) Caucus in Parliament is demanding copies of the handing over notes presented to the Administrator-General by President Akufo-Addo’s appointees.
…US warns travelers to stay away from Ghana over rising COVID-19 cases
The Centers for Disease Control (CDC) and Prevention in the United States of America (USA) has warned travelers wanting to travel to the Ghana to stay away from the West African country over rising COVID-19 cases.
…Pre-hearing of Election Petition begins today
The Supreme Court will on Tuesday, January 19, 2021, begin the pre-hearing conference for parties in the 2020 Election Petition case.
…Mauritius, Morocco join AfDB Bloomberg African Bond Indices
The African Development Bank today announced the addition of two new countries – Mauritius and Morocco – to its Bloomberg African Bond Indices (ABABI), marking a steady progress in the Bank’s efforts to deepen the continent’s local currency bond market.
The African Development Bank administers the ABABI, a family of African bond indices launched in February 2015 and calculated by the independent, global index provider Bloomberg.
At the launch, the indices included Egypt, Kenya, Nigeria, and South Africa. Botswana and Namibia joined in October 2015, and Ghana and Zambia in April 2017. Effective 1 January 2021, Mauritius and Morocco have become members of the ABABI, the Bank said.
“This is a positive development as the inclusion of Mauritius and Morocco, two of Africa’s better-rated issuers, will improve the overall credit quality of the ABABI, which now captures close to 90% of the outstanding amount of African sovereign local currency bonds,” said Stefan Nalletamby, Director of the Bank’s Financial Sector Development Department.
Mr. Nalletamby noted that in the current environment, the ABABI indices are a reliable tool for international investors to measure and track African sovereign bond markets. “This will be even more relevant following the COVID-19 crisis as sovereign debt managers, who will need to further diversify their local currency funding instruments, will also need to adjust their strategies, enhance transparency and widen their fixed income investor base, given the increased financing needs of the economies.”
The African Development Bank works to deepen the continent’s local currency bond markets and create an environment where African countries can access long-term financing. By providing transparent and credible benchmark indices, the Bank and Bloomberg provide investors with a tool to better measure and track the performance of Africa’s bond markets.
The Bank has also structured and invested in an exchange traded fund, the African Domestic Bond Fund (ADBF), replicating the index and providing investors with an innovative tool to gain exposure to African local currency fixed income. ADBF is listed in US dollars on the Stock Exchange of Mauritius and managed by Mauritius Commercial Bank Investment Management.
Credit: APO
COVID-19 takes life of National Security Boss
The National Security Coordinator, Joshua Kyeremeh, has passed on, www.politicoghana.com can report.
…Safeguard yourself from falling victim to online trading scams – INFINOX
“The rise of the digital age has resulted in an information overload and often a lot of this information is made up of unqualified opinions and regurgitated statements,” says Jay Mawji, Managing Director of INFINOX, an online trading partner which is now available in Ghana with the aim of empowering traders to trade Forex, shares, commodities and other financial instruments with ease and confidence.
…Pastor kills daughter and dumps body at cemetery
A Pastor named Gideon Boakye of the Heaven’s Kingdom Ministries International, at Mile 2, on the Mallam-Kasoa Highway has been arrested by the Nkroranza Police in the Bono East Region for murdering his daughter and dumping her body at the cemetery.
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