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One dead, several houses burnt in renewed clashes between Gonja and Mamprusi tribes

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One person has been reported dead and several others injured in renewed clashes between members of the Gonja and Mamprusi tribes at Lukula in the North Gonja district in the Savannah Region.

The deceased is a 70-year-old Mamprusi chief of the Kuwerigu Community, Naa Salifu Nachinaa.

He was reportedly shot dead at his house by gunmen.

The violence erupted Thursday dawn following days of tension in the community over a pending arrival of a rival from Daboya in the Wasipe Traditional Area.

The clash which is between traditional warriors from the Wasipe Traditional Area in Daboya and the Soo Traditional Area in Janga has reportedly left several houses burnt.

Unconfirmed reports suggest that the clash has extended to nearby villages.

The Regional Minister for Savannah region, Saeed Jibril, explained, “The problem began in 2019, two traditional paramountcy are claiming ownership of land. One person is reportedly dead, and he was from Mamprusi.

“Sadly, policemen deployed to the area were involved in an accident, but they are all alive now. The clashes have been on for two days now, people in Lukula, and other villages have fled the towns except the police”.

He said the police are manning the place to restore calm.

Before Savannah and North East regions were carved out of the Northern Region, there were people in the Lukula community, in the North Gonja District, who wanted the community to belong to the North East Region, despite the fact that the area fell within the Savannah Region.

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Companies fleeing Ghana due to economic mismanagement under Akufo-Addo – Mahama

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The presidential candidate of the opposition National Democratic Congress (NDC), John Dramani Mahama, says many companies in Ghana are relocating to neighbouring countries due to the worsening economic situation under the Akufo-Addo-led government.

He explained that the current economic climate is stifling business operations, pushing many companies to seek better opportunities in neighboring nations.

Mr Mahama further expressed concern that the youth no longer see a promising future in Ghana because of what he described as the government’s mismanagement of the economy.

Speaking during his meeting with the clergy in Accra on Tuesday, October 1, 2024, the former President emphasised the urgent need to rescue the nation from its current economic challenges, pledging that his leadership would manage the country’s resources efficiently.

Mr. Mahama also vowed to work tirelessly with his team to restore the economy for the benefit of all Ghanaians.

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T-bills auction: Government records marginal oversubscription; pays slightly more for 91-day bill

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For the first time in 10 weeks, the government recorded an oversubscription of its treasury bills sale.

However, it paid a higher price for the 91-day bill which it received bids worth GH¢4.689 billion before achieving its target. 

According to auction results from the Bank of Ghana, the government got GH¢5.529 billion from all the bids tendered, about 2.40% more than the target.ed amount

All the bids were accordingly accepted.

The 91-day bill received the bulk of the bids of GH¢4.689 billion, about 84% of the total bids.

About GH¢594 million of the bids came from the 182-day bill, whilst GH¢245.74 million were made up of the 364-day bills.

Meanwhile, interest rates were mixed across the yield curve.

Whilst the yield on the 91-day bill went up marginally that of the 182-day and 364-day bills declined slightly.

The yield on the 91-day bill was 24.91%, higher than the 24.90% recorded a week ago.

The rate on the 182-day bill went down by 2.0 basis points to 26.78%, whereas that of the 364-day bill also declined to 28.07%, from the previous week’s 27.91%.

Inflation eased marginally last week. This could push interest rates down but albeit slowly.

SECURITIESBIDS TENDERED (GH¢)BIDS ACCEPTED (GH¢)
91 Day Bill4.689 billion4.689 billion
182 Day Bill594.37 million594.37 million
364 Day Bill245.74 million245.74 million
   
Total5.529 billion5.529 billion
Target5.400 billion 

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Ablakwa slams govt for failing to aid Akosombo Dam victims

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Samuel Okudzeto Ablakwa, Member of Parliament for North Tongu, has expressed outrage over the government’s prolonged failure to assist individuals affected by the Akosombo Dam spillage.

Despite the disaster occurring almost a year ago, many affected persons remain in camps without receiving compensation or necessary support to resume their lives.

Addressing a stakeholder public hearing, Ablakwa revealed that over 1,300 affected persons still live in camps, criticising the government’s approach as inadequate.

He highlighted the government’s inter-ministerial committee’s failure to engage with MPs from impacted areas, despite being established to address the issue.

“You heard the government set up a 30-member committee. We are the inter-ministerial committee. To be very honest with you, we are very disappointed that that committee has not met us even once. I mean, a lot of the members, we are in parliament with them. I would have thought that even if it’s parliament, we can meet here.”

“We can even meet at the cafeteria, even over coffee that, oh, share data with us or tell us what is happening. You know, not one meeting, not so, we don’t know if it was just maybe an announcement for the public for some cosmetic reason, but we don’t know.

The chiefs time without a number, they will even call us. You are in parliament with them. When is the committee coming? and we can’t provide answers because we are not, we haven’t been engaged.”

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