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Dr Bawumia

Vice President Dr. Mahamudu Bawumia has said no government can operate without borrowing, promising that the current administration will responsibly use of loans contracted.

The Vice President's seems a defence of criticisms that the Nana Akufo-Addo led government was piling debt up at an alarming rate, especially when they had spoken against same prior to winning the race to the Flagstaff House.

Dr Bawumia explained “a lot of people misunderstand when we say that we are going to be responsible. It doesn’t mean we will not borrow money.”

The Head of Department of Finance, School of Business, University of Cape Coast, Dr. John Gatsi has blamed the Bank of Ghana for poorly communicating the takeover of UT and Capital Banks by the GCB Bank Limited.

He said the Central Bank should have better managed the communication to avoid the fear, panic and anxiety that greeted the announcement on Monday.

The Bank of Ghana directed the GCB Bank Limited to takeover UT and Capital Banks on Monday following their insolvent state.

As part of an effort to accelerate development in the Cape Coast Metropolis, the Cape Coast Metropolitan Assembly [CCMA], through the initiative of the Metropolitan Chief Executive [MCE], Ernest Authur, has created an investment desk.

Confirming the creation of the unit to ATL FM, the Investment Coordinator, Richmond Yeboah said the desk is to help the assembly get direct foreign investment and local investors to invest in the metropolis to drive development.

According to him, the desk is already in the process of identifying investment opportunities available in the metropolis.

As part of an effort to accelerate development in the Cape Coast Metropolis, the Cape Coast metropolitan assembly through the initiative of the Metropolitan Chief Executive, Ernest Authur has created an investment desk at the assembly to help the assembly to get direct foreign investment and local investors to invest in the metropolis to drive development.

This was made known to ATL FM by the investment coordinator, Richmond Yeboah.

The body of a farmer who was shot dead on Monday by his hunter friend at Warabeba, a suburb of the Ayensu Electoral Area in Elmina has been deposited at the Cape Coast Teaching Hospital morgue whilst a search party pursues the killer who is at large.

The President of the Central Regional House of Chiefs, Obrempong Nyanful Krampah XI has put on record that the House will not back and shield chiefs who mingle or involve themselves in illegal galamsey.

He emphatically stated that the House of Chiefs will make sure the law will take its course against chiefs found culpable.

Obrempong Krampah XI said this when he pledged the commitment of the chiefs of the region in support of the fight against illegal galamsey being embarked upon by government.

The Head of Department of Social Welfare and Development of the Cape Coast Metropolitan Assembly [CCMA], Wallace Acheampong has denounced the practice of minors being paraded as alleged witches and wizards by some pastors particularly on television.

Mr. Acheampong said it is illegal for pastors to parade minors on television citing the Children’s’ Act which guarantee the protection of the identity of minors from the public even in a case of criminal conduct by the minors.

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