Pres Mahama Tells Us His Worth And The Other Stories We Missed In News This Week

Pres Mahama Says He’s Not Worth Up To $2m

Former president Mahama

Former President John Dramani Mahama has denied allegations that he is worth about $900 million. According to him, partisan newspapers in Ghana opposed to his administration had manufactured the story for political gain. Speaking to Power FM in South Africa on Thursday, Mr Mahama said: “I am not anywhere near even $2 million, to talk of $900 million. I am absolutely nowhere near that. This was published by a partisan newspaper for political gain. It is owned by politicians and they put out all this misinformation for political gain.” The former President was in South Africa to deliver the keynote address at the African Leadership Magazine (ALM) Person of the Year Awards.


Ghana Ranked Most Expensive Country In Africa To Live In – Survey

Image result for ghana flag

MoveHub, an international relocation company has rated Ghana as the most expensive country to live in on the African continent. MoveHub based its assessment on a range of costs, such as the price of groceries, transport, bills, restaurants and rents. These figures are then compiled into an index, using the notoriously expensive city of New York as a benchmark. According to the report published by the website, Ghana is ranked among 20 other nations that are deemed expensive to reside in world over. It said: “Ghana is one of Africa’s more prosperous nations, and this is reflected in the cost of living, which is higher than any other African nation”.


Pope Francis Congratulates President Akufo-Addo

The Pope of the Roman Catholic Church, His Holiness Pope Francis, has sent a congratulatory message to the President of the Republic, Nana Addo Dankwa Akufo-Addo, on his assumption of the high office of the land, after his victory in the 2016 elections. The message, which was delivered on behalf of the Pope by Archbishop Jean-Marie Speich, Apostolic Nuncio to Ghana, also indicated to President Akufo-Addo that Pope Francis had decided to send an envoy from The Vatican for Ghana’s 60th Independence celebration. This decision by Pope Francis, according to Archbishop Jean-Marie Speich, was the first time in 40 years that a delegation had been sent by the Pope to witness Ghana’s Independence Day celebration.


Newmont Ghana Recognized As Ghana’s Second Largest Taxpayer For 2016

The Ghana Revenue Authority (GRA) at an award ceremony in Accra to honour staff and stakeholders honoured Newmont Ghana for emerging as the country’s second Best Taxpayer for 2016 under the Large Taxpayer Office, Domestic Tax Revenue Division (DTRD) and lauded the company for its “tremendous” contribution to national development over the years. In 2016, Newmont Ghana paid about $90M in taxes and royalties to the Government of Ghana through the GRA. The payments were made up of $13M in Withholding Tax, $18M in Pay As You Earn, $24M in Corporate Income Tax, $31M in Mineral Royalty and $4M in Forestry Levy.


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