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Rainbow Radio - Items filtered by date: Saturday, 18 November 2017
President Nana Addo Dankwa Akufo-Addo has said his administration is lobbying for the headquarters of a yet to be established space agency by the African Union (AU) to be situated in Ghana. The president said, "The African Union is in the process of setting up a space agency for the whole of Africa. This is a very ambitious and laudable project. That is why I have directed the Ministry of Environment, Science Technology and Innovation under the leadership of the world acclaimed Ghanaian scientist, Professor Frimpong Kwabena Boateng to express strongly Ghana’s readiness to host the agency and mobilize support to that end. President Akufo-Addo made the revelation at the 20th graduation ceremony of the All Nations University College in Koforidua today, [Saturday]. The school recently launched the GhanaSat 1which was developed with support from the Japan Aerospace Exploration Agency (JAXA). The successful GhanaSat 1 was embedded with low and high resolution cameras to take pictures of Ghana and provide data that can be used to monitor the coastal areas of the country. President Akufo-Addo commended the school for the project saying, "On the occasion of your 20th congregation and graduation ceremony, I come here today with the sense of pride in view of your recent achievement in launching GhanaSat1 into space. Indeed your achievement has put Ghana on the map of nations that are venturing into space." The president further indicated that his decision to lobby for the headquarters to be constructed in Ghana, was due to the successful launch of the GhanaSat 1. "Clearly, I was motivated to take that decision partly as a result of your successful launch of GhanaSAT1. You achieve this through hard work, dedication and collaboration with partners at home and abroad, especially your Japanese counterparts. Such an achievement can come about only through the use of technology," he added.      
Published in General News
Dr. Henry Lartey, the 2016 presidential candidate for the Great Consolidated Popular Party (GCPP), says the major macroeconomic indicators under the current administration, is trending in the right direction. Speaking in an interview with Rainbow Radio 87.5Fm, he said government is creating an environment with the macroeconomics as a foundation, so they can take off.   He said, ‘’all the macroeconomic indicators are now pointing in the right direction and the  data on the performance of the economy  shows something positive. And the targets on all the macroeconomic indicators are positive,’’ he said.   The end period inflation which was 11.6 percent in October, 2017 compared to 15.8  percent at the same period in 2016 is also positive, he added.  Fitch's recent credit rating he also said was positive for the country. Dr. Henry Lartey also commended government for its gross International Reserves (including petroleum funds and  encumbered assets) which stood at US$6.9 billion. The Minister, Ken Ofori-Atta presenting the budget before Parliament said,  by end September 2017,  the figure could cover 3.9 months of  imports compared to the US$4.8 billion or 2.5  months import cover recorded in the same period of 2016. This Dr. Lartey believes deserves commendation. He said, the NPP is currently working with the domestication philosophy which is our [GCPP’s] philosophy and we are hundred percent for it. ‘’The planting for food and jobs; they themselves are saying is like operation feed yourself which the late Dan Lartey brought…If they can  do that, then we can support them. They will create a lot of jobs, a lot of manufacturing industries, they can produce, they can export and earn enough revenue so that we will have enough hard cash to move the country forward.’’   He added, ‘’we cannot  always  go borrowing but earning enough foreign currency will make  this economy blossom. We can build more roads other than using expanded tax barrier. We have enough revenue from non-traditional export that can actually move the country forward. We [GCPP] are very interested in what they are doing and we have to help them to make it happen. Ghana has to move forward, we can’t go back.I am saying this because when the NDC was in power, I supported them when they got the macroeconomics fundamentals right, I supported them and if this government, is doing the same, and they seeming to get somewhere, we have to help them to be able to help ourselves.’’
Published in General News
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Asempa 94.7's KABA dead

The 2017 RTP  Radio Talk Show host,  Kwadwo Asare-Baffuor Acheampong also known as KABA has died, rainbowradioonline.com  has learnt. Information gathered indicated that the popular radio show host was pronounced dead on arrival at the Korle-Bu Teaching hospital after suffering a short illness.   The deceased was the host of Asempa’s ‘Eko Sii Sen’, an afternoon political show on the 94.7 dial. He was married to Valentina Oforiwaa Afriyie of Accra based Radio Gold.  
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