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KSM lauds Mahama for scaling down celebration of Independence Day

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KSM lauds Mahama for scaling down celebration of Independence Day

Actor and comedian, Kwaku Sintim-Misa Actor and comedian, Kwaku Sintim-Misa

Ghanaian actor and comedian Kwaku Sintim-Misa, popularly known as KSM, has praised President John Dramani Mahama for his decision to suspend the rotational celebration of the Independence Anniversary across various regions to save cost.

According to KSM, the move is a bold and necessary step for a nation grappling with economic challenges.

In a reaction on his YouTube channel, KSM expressed support for the move, saying, “Just the idea of deciding that we are not going to celebrate 68 years of nothing; Mahama, I salute.”

KSM questioned the relevance of extravagant Independence Day celebrations for a country facing serious economic difficulties.

“What are we trying to show? As a broke-ass country that is highly indebted, that is begging on our knees in front of the IMF, we have the nerve to have a splendid, extravagant celebration of independence. For what? Independence for what?” he asked.

He humorously pointed out the potential disappointment of those waiting to benefit from the usual procurement activities tied to the celebrations.

“I’m sure many people are pissed because now procurement was about to get into full gear. Those who were going to procure new socks for the soldiers to march in, procure chocolate for the school kids, and paint their houses in anticipation of procurement funds,” he said.

The comedian revealed that he had been advocating for the suspension of Independence Day celebrations, emphasising the need for Ghana to prioritize financial responsibility.

“I was telling my producer at one time that I want to do a show and call for us to suspend this Independence Day thing. What use is it?”

“The soldiers would come and display their military wear. Then the Air Force flies. I’m sure they have to fuel all the planes and all the tankers. What are we trying to show?” he questioned.

KSM extended his gratitude to President Mahama and called for broader support for the decision.

“Your Excellency, let me thank you for this. I truly salute you, and I truly hope that you have the support of Ghanaians. And it’s not just Independence Day. More are coming. Let’s be serious as a nation,” he concluded.

See the full video below:

ID/EB

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Government gets GH¢ 17.69 billion bids, accepts GH¢9.43 billion on Valentine’s day

Ghana News
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Government gets GH¢ 17.69 billion bids, accepts GH¢9.43 billion on Valentine’s day

Interest rates for 91-day bills stand at 26.8% Interest rates for 91-day bills stand at 26.8%

Treasury bills have yet again seen a massive demand in its latest February 14, 2025 auction.

The government recorded GH¢17.69 billion in bids but rejected excess bids worth GH¢8.265 billion surpassing the target of GH¢8.068 billion.

According to the auction results, 91-day and 364-day bills received the most bids in this week’s auction.

However, the government accepted GH¢9.434.23 billion from the 91-day, 182-day and 364-day bills.

The February 7, 2025 auction saw strong demand for the 91-day bill, with GH¢6.820.71 billion in bids tendered, out of which GH¢5.226.44 billion was accepted.

For the 182-day bill, GH¢4.594.54 billion in bids were tendered, but only GH¢1.457.36 billion was accepted.

GH¢6.284.16 bids were tendered for the 364-day bill of which GH¢2.750 bids were accepted.

Interest rates for the bills dropped marginally in the auction issued on February 17, 2025.

Currently, the rate for the 91-day bill stands at 26.85% from last week’s 27.98%, and 27.80% for the 182-day bill away from last week’s 28.68%.

Interest rates for the 364-day bill stand at 29.07%.

Last week, the government sold GH¢7.650 billion out of the GH¢10.559.04 billion tendered.

The government’s rejection of excess bids signals either a move to borrow cautiously or an effort to avoid the current high interest rates.

Although interest rates are currently higher than the inflation rate, they will increase the government’s cost when the bills mature.

The recent oversubscription also indicates strong investor confidence in short-term instruments.

Meanwhile, the government intends to borrow GH¢7.729 billion in its next auction.

Treasury bills remain the government’s primary source of borrowing until it regains access to the international capital market.

SSD/MA

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How a love for the Olympics kickstarted Marie Agbah-Hughes' weightlifting dream

Ghana News
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How a love for the Olympics kickstarted Marie Agbah-Hughes' weightlifting dream

Video | Sports Check with weightlifter Marie Agbah-Hughes: The journey to the Olympic Games

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Why He Dey Come Look Like Osofia in London – Fans Troll Abeiku Santana for Wearing Women’s Winter Coat During Birthday Party in UK

Ghana News
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Why He Dey Come Look Like Osofia in London – Fans Troll Abeiku Santana for Wearing Women’s Winter Coat During Birthday Party in UK

Legendary Ghanaian media presenter and disc jockey turned tourism ambassador, Abeiku Santana, chopped some light trolling from netizens after appearing at his 50th birthday party in London in what netizens have described as a female coat.

The popular media personality is currently in London for his ongoing 50th birthday celebrations.

A party was thrown for him which he appeared at as the guest of honor.

Abeiku showed up in a brown coat that has since become the talk of social media.

Santana’s brown coat which he accessorized with gloves, a neck scarf, head covering and sneakers, was mocked by netizens.

According to reactions, he is wearing a female coat in much the same way that the ruling National Democratic Congress (NDC’s) National Chairman, Johnson Asiedu Nketia aka General Mosquito, once wore his wife’s winter coat during a trip to Germany.

Watch Abeiku below…

One netizen wrote in reaction to the video: “Why he come dey look like Osofia in London 😂”

Another said: “That’s women coat boi,”

Other netizens jumped to Abeiku’s aid and said that only thing that matters is that he is protecting himself from the cold.

Nana Boadu’s Team Demands Venue Change

Ghana News
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Nana Boadu’s Team Demands Venue Change

Nana Obuor Sika (2nd left) with some members of the campaign team

The campaign team of Nana Nkansah Boadu Ayeboafo wants the Electoral Commission (EC) to change the venue for today’s re-run of the Council of State election from the Regional Coordinating Council (RCC) to a neutral venue to ensure free, fair and transparent elections devoid of violence.

Who Has the Best Online Brand? Hajia Bintu vs Fella Makafui

Ghana News
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Who Has the Best Online Brand? Hajia Bintu vs Fella Makafui