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J.H. Mensah dies at 89

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J.H. Mensah

Veteran politician and elder statesman, Mr. Joseph Henry Mensah has died at age 89.

The Gold Coaster born on October 31, 1928, and a founding member of New Patriotic Party (NPP) reportedly died at the 37 Military Hospital where he had been on admission for some time now.

Mr J.H. Mensah served in various ministerial positions under different governments as a leading economist.

He was the brother of Mrs. Theresa Kufuor, wife of former President John Agyekum Kufuor under whose government he served as a Senior Minister.

Mr J.H. Mensah attended the University of the Gold Coast (now University of Ghana) between 1948 and 1954.

He then headed to the University of London then Stanford University, where he earned both a bachelor’s and master’s degree with a specialization in economic theory and development.

In 1954, Mensah became a Research Fellow in Economics at the University of Ghana, which lasted until 1958.

Mr Mensah began working as an assistant inspector of taxes in 1953 while the Gold Coast was still under colonial rule.

In 1958, Mensah joined the United Nations Secretariat at the Centre for Development Planning, Projections and Policies, in New York City, United States. Mensah returned to Ghana in 1961 as the Head of Agency at the National Planning commission.

The National Planning commission drew and implemented the country’s Seven-Year Development Plan (1962–1969). In 1969, he was elected to parliament and became the Finance minister until 1972, when he was replaced by future head of state Ignatius Kutu Acheampong after the military coup.

Beginning in 1974, Mensah worked in the private sector both in Ghana and abroad.

He was imprisoned by the National Redemption Council from 1975 to 1978. Although banned from political activity in 1979, he was active for the Popular Front Party in the 1979 elections.

He also served as Chairman of the Sunyani District Council in Brong-Ahafo Region (1979–1981), and proprietor of Banka Farms. Exiled in England, in 1983 he headed a group opposing the PNDC.

He also served on the African Advisory Council of the African Development Bank from 1993 to 1997.

In December 1996, Mensah contested a parliamentary seat in Sunyani East District as a member of the New Patriotic Party, which he won.

He was re-elected in 2000. Prior to John Kufuor’s election in 2001, Mensah was the minority leader in Parliament.

…more to follow soon

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Meghan Markle’s Half-Sister Slams The Duchess For Ignoring Their Dad

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Meghan Markle

Meghan Markle’s half-sister, Samantha Grant, escalated a family feud with a series of angry tweets on her private account targeting the former actress.

“My father is not an embarrassment for loving his daughter! The Royals are an embarrassment for being so cold,” Grant wrote on Tuesday. “You should be ashamed of yourselves @KensingtonRoyal.” “How about you pay tribute to your own father?! Enough is enough,” Grant said. “Act like a humanitarian act like a woman! If our father dies I’m holding you responsible, Meg!”

Grant’s outburst occurred two days after Meghan’s father, Thomas Markle, told The Sun that he thought the new Duchess of Sussex looked “terrified” to be a royal and that she hadn’t spoken to him since the day after her wedding to Prince Harry.

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Cristiano Ronaldo Leaves Whopping £17850 Tip At Greek Hotel

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Cristiano Ronaldo

Cristiano Ronaldo has been sharing the wealth after his blockbuster move to Juventus by leaving a mega £17,850 tip for hotel staff at a luxury Greek resort.

The Portuguese superstar, 33, will pocket £500,000-a-week in Turin following his £99million transfer.

Following his country’s elimination from the World Cup in the last-16, he immediately headed to the stunning Costa Navarino resort in the Pelopnnese region of Greece after their exit.

According to The UK Sun, he was that impressed with the staff’s service he left them a huge cheque as a tip to thank them for their services before jetting to Italy for his unveiling.

The Juve man has asked the hotel management to split the figure equally among all the workers.

Ronaldo met with Juventus chairman Andrea Agnelli at the resort as he thrashed out his deal to join the Serie A giants during time away from relaxing with his friends and family.

A number of photos emerged of him enjoying the facilities as he dined with his girlfriend Georgina Rodriguez and those closest to him on an outdoor table at one of the hotel’s outdoor restaurants.

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Ghana’s Debt Hits GH¢154bn; Reaches 63.8% Of GDP

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The Finance Minister Ken Ofori Atta has revealed that Ghana’s public debt has hit GH¢154 billion, representing 63.8% of GDP as at May 2018.

This is a reduction from the 73.3 percent recorded in December 2016. The total debt stock in 2016 was at GH¢122.6 billion cedis.

This means that the debt stock has almost hit the dreaded 70 percent of GDP, a point the International Monetary Fund (IMF) has constantly cautioned against.

The data shows that in September 2017, Ghana’s debt stood at 138.9 billion cedis representing 68.1%; the figure dropped to GH¢137.6 billion cedis in October representing 67.4%.

But in November 2017, it went up to GH¢139 billion cedis representing 68.1 percent.

The domestic component of debt as at December 2017 stood at GH¢66.7 billion cedis, while the foreign debt stock was at GH¢75.8 billion cedis.

Mr. Ofori Atta presenting the mid-year budget review to Parliament added that “Total revenue amounted to 7.2% of GDP against a target of 7.8% of GDP…provisional data indicates that total revenue amounts to GH¢17.4 billion of GDP.”

According to the Finance Minister, “the overarching goal of our macroeconomic policy is to deepen macroeconomic stability, grow the economy, create jobs and ultimately move the country beyond aid.”

“We anticipate that at this rate, if remedial actions are not triggered, the resulting end-year Total Revenue and Grants would amount to GH¢49,610.4 million (20.5% of GDP) or 2.8 percent lower than the original Budget target of GH¢51,039.1 million (21.1% of GDP).

“The revised fiscal outlook for which Budget implementation will be guided by for the remainder of the 2018 fiscal year indicates that, Total Revenue and Grants will amount to GH¢50,686.2 million, 0.7% lower than original 2018 Budget estimate of GH¢51,039.1 million.”

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