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Top related persons:
Mahamudu Bawumia - 3 John Mahama - 2 Bawumia - 2 Mahama - 2 “ - 2 ” - 2 CNN — - 1 John Dramani Mahama - 1
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Ghana Accra Republic of Ghana Bawumia West Takoradi AFP ACCRA
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National Democratic Congress - 3 CNN - 2 New Patriotic Party - 2 NPP - 2 US - 1 University of Ghana Business School - 1 University of Ghana - 1 Ghana Statistical Service - 1

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☆ John Mahama: Former Ghana leader pulls off historic comeback after crucial presidential election
  + stars: | 2024-12-08 | by ( Nimi Princewill | ) edition.cnn.com   time to read: +2 min
CNN —Ghana’s Vice President Mahamudu Bawumia has conceded defeat a day after a tense presidential election, marking a historic political comeback for the opposition candidate, former leader John Mahama. Bawumia said in his concession speech on Sunday morning that internally collated results showed that “Mahama has won the presidential election decisively,” ahead of a formal announcement by the electoral commission. Bawumia said the opposition National Democratic Congress (NDC) party had also won the parliamentary election. Bawumia, 61, a UK-trained economist who chaired the nation’s economic management team, faced criticism ahead of the elections over his handling of the struggling economy. On the campaign trail, Mahama also criticized him for saying little about the economy.
Persons: CNN —, Mahamudu Bawumia, John Mahama, Bawumia, Mahama, “, John Dramani Mahama, ” Bawumia, ” Organizations: CNN, National Democratic Congress Locations: Republic of Ghana, Ghana, Bawumia
☆ Ghana elections: Frontrunners Mahamudu Bawumia and John Mahama try to win over voters
  + stars: | 2024-12-06 | by ( Nimi Princewill | ) edition.cnn.com   time to read: +8 min
Opinion polls indicate that voters are split between current vice president Mahamudu Bawumia, 61, and former one-term president John Mahama, 66, who hopes to achieve a comeback similar to that achieved by US President-elect Donald Trump. Bawumia, a UK-trained economist, has been the poster boy of the government’s economic policies, chairing its economic management team. Bawumia has also been criticized by his rival, Mahama, for saying little about the economy during his campaigns. Supporters of National Democratic Congress (NDC) presidential candidate John Mahama react during his final election campaign rally, in Accra, Ghana December 5, 2024. Former Ghana President, John Mahama, speaks on the stage during the final rally of the NDC in Accra on December 5, 2024.
Persons: CNN — Ghanaians, Nana Akufo, Mahamudu Bawumia, John Mahama, Donald Trump, Godfred, Kwame Asah, “, Bokpin, Bawumia, Mahamudu, Nipah Dennis, ” Bokpin, Asah, Asante, Denis Miracles Aboagye, haven’t, ”, “ We’ve, Aboagye, Zohra Bensemra, Mahama’s, Mahama, ” Asah, de Maismont Organizations: CNN, New Patriotic Party, NPP, National Democratic Congress, US, University of Ghana Business School, University of Ghana, Ghana Statistical Service, World Bank, Bank, Getty, “, of National Democratic Congress, Reuters, NDC Locations: West, Takoradi, AFP, Accra, Ghana
☆ Ghana Ex-Trade Minister Quits Ruling Party to Run for President
  + stars: | 2023-09-25 | by ( Sept. | At P.M. | ) www.usnews.com   time to read: +2 min
Alan Kyeremanten, who has served twice as trade minister for the New Patriotic Party (NPP), made the announcement at a briefing and said his contributions were not appreciated. "The (NPP) party has been hijacked by a selected group of party leaders and elders," he said. Gold-, oil- and cocoa-producing Ghana's worst economic crisis in a generation was brought on by spiralling public debt. The NPP has yet to name its candidate to succeed President Nana Afuko-Addo, who will step down after serving two terms. Kyeremanten, 67, served as Akufo-Addo's trade and industry minister during both of his terms.
Persons: Alan Kyeremanten, Nana Afuko, Kyeremanten, Mahamudu Bawumia, Maxwell Akalaare, Sofia Christensen, Grant McCool Organizations: New Patriotic Party, NPP, International Monetary Fund, National Democratic Congress Locations: ACCRA, Accra, Ghana
☆ Body of Ghana soccer player Atsu arrives home in Accra
  + stars: | 2023-02-20 | by ( ) www.reuters.com   time to read: +2 min
[1/4] The body of late Ghanaian soccer player, Christian Atsu Twasam, 31, who died in the earthquake in Turkey, arrives at the Kotoka International Airport in Accra, Ghana. REUTERS/Francis KokorokoACCRA, Feb 20 (Reuters) - The body of Ghana winger Christian Atsu was flown home to Accra on Sunday evening, the day after he was found dead under a collapsed building in southern Turkey. Atsu had been missing since the Feb. 6 earthquake following the collapse of an apartment building in Hatay. "We hoped against hope, every day that passed, we prayed and prayed. "We would like to express our deepest condolences to his wife and children, the family, loved ones and the football community," the Ghana Football Association said on Saturday.
☆ Ghana orders mining firms to sell 20% of refined gold to c.bank
  + stars: | 2022-11-25 | by ( ) www.reuters.com   time to read: +1 min
ACCRA, Nov 25 (Reuters) - Ghana has ordered all large-scale mining companies to sell 20% of their entire stock of refined gold at their refineries to the Bank of Ghana from Jan. 1, 2023, Vice-President Mahamudu Bawumia said on Facebook on Friday. All community mining schemes and licensed small-scale miners will also have to sell their gold to the government through PMMC from the same date onwards. "The gold to be purchased by the Bank of Ghana and the PMMC will be in cedis at spot price with no discounts," he added. However, Bank of Ghana Communications Officer Sam Opoku told Reuters he could not confirm or deny whether Bawumia's order was being considered. Gold miners Newmont Corp (NEM.N), Gold Fields Ltd (GFIJ.J), AngloGold Ashanti Ltd (ANGJ.J), Galiano Gold Inc (GAU.TO) and Asante Gold Corp (ASE.CD), all of which have gold mines in Ghana, did not immediately respond to Reuters' requests for comment.
☆ Debt-ridden Ghana plans to buy oil with gold instead of dollars, as foreign currency reserves dwindle to an alarming low
  + stars: | 2022-11-25 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Ghana's government is planning to use gold to pay for oil instead of shelling out US dollars. The move is expected to reduce the "persistent depreciation" of the cedi, the Ghanaian currency. As of end-September, Ghana's forex reserves were just enough to cover 3 months worth of imports. In order to protect the country's fast-dwindling foreign currency reserves, Ghana wants to pay for oil with gold instead of shelling out precious US dollars, Mahamudu Bawumia, the country's vice president said Thursday. However, it still has to import refined oil products such as gas and diesel, because Ghana's only oil refinery has been offline following an explosion in 2017, per Reuters.
☆ Ghana plans to buy oil with gold instead of U.S. dollars
  + stars: | 2022-11-24 | by ( Tom Polansek | ) www.reuters.com   time to read: +2 min
ACCRA, Nov 24 (Reuters) - Ghana's government is working on a new policy where gold rather than U.S. dollar reserves will be used to buy oil products, Vice-President Mahamudu Bawumia said on Facebook on Thursday. The move is meant to tackle dwindling foreign currency reserves coupled with demand for dollars by oil importers, which is weakening the local cedi and increasing living costs. Ghana's Gross International Reserves stood at around $6.6 billion at the end of September 2022, equating to less than three months of imports cover. Using gold would prevent the exchange rate from directly impacting fuel or utility prices as domestic sellers would no longer need foreign exchange to import oil products, he explained. "The barter of gold for oil represents a major structural change," he added.
☆ Ghana president sacks junior finance minister over alleged impropriety
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +2 min
Bernd Lauter/Pool via REUTERSACCRA, Nov 14 (Reuters) - Ghana's President Nana Akufo-Addo has sacked Charles Adu Boahen, the minister of state for finance, the presidency said on Monday after allegations of impropriety were circulated by a well-known Ghanaian investigative journalist. Adu Boahen did not immediately respond to a request for comment from Reuters. read moreThe allegations against Adu Boahen did not appear to be related to those previously raised against Ofori-Atta. Vice-President Mahamudu Bawumia said in a statement the video showed Adu Boahen "apparently using my name, inter alia, to peddle influence and collect money from supposed investors". "I would like to state that if what the minister (Adu Boahen) is alleged to have said is accurately captured in the video, then his position as a minister of state is untenable.
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