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New Times Corporation MD bids farewell, hands over to IMC
The Managing Director of the New Times Corporation (NTC), Mr Martin Adu Owusu, has officially proceeded on leave prior to early retirement.
Having served the Corporation for 29 years, Mr Owusu’s decision was precipitated on health grounds.
The Board Chairman of the NTC, Professor Kwamena Kwansah-Aidoo, made the announcement on Monday during a staff durbar.
In his absence, an Interim Management Committee (IMC) has been set up to be chaired by a board member, Mr Kwesi Adjei Kersi, and supported by Dr Charity Binka, also a board member.
Representing management on the committee are the editors of The Ghanaian Times and The Spectator newspapers, Alhaji Abdul-Rahaman, and Mrs Georgina Naa-Maku Quaittoo.
They are joined by the Human Resource and Administrative Manager, Mrs Agnes Nketia.
Their mandate is to oversee the day-to-day running of the Corporation until the NMC appoints a substantive Managing Director.
Professor Kwansah-Aidoo commended Mr Owusu for his 29 years of service, describing his contribution as invaluable to the growth of the Corporation.
Mr Adu Owusu, in an emotional farewell, thanked the staff for the support he has enjoyed and asked them to work hard to improve the fortunes of the corporation.
Following the announcement, Mr Adu Owusu officially handed over the administration and operation of the NTC to the IMC at a brief ceremony on Wednesday.
The Chairman of the IMC, Mr Kwesi Adjei Kersi, called for unity and cooperation among the staff and members of the committee, insisting that “unity and cooperation are crucial ingredients needed for the survival and progress of the Corporation.”
Mr Kersi urged staff to work in close cooperation with the committee to overcome the challenges facing the NTC.
He stressed that without unity and teamwork, the organisation would falter.
Mr Kersi noted that the committee’s immediate focus would be to stabilise the company, strengthen accountability, and chart a path toward growth.
Present at the ceremony were the Board Chairman, Professor Kwamena Kwansah-Aidoo, the outgoing Managing Director, Mr Martin Adu-Owusu, the Editors of The Ghanaian Times and The Spectator Alhaji Salifu Abdul-Rahman and Mrs Georgina Naa-Maku Quaittoo respectively, and the Human Resource and Administrative Manager, Mrs Agnes Nketia.
By Linda Abrefi Wadie & Esinam Jemima Kuatsinu
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The Diaspora Affairs Office at the Office of the President has hosted a delegation of African diaspora women who are in Ghana ahead of a planned Presidential Conferment of Citizenship ceremony.
The Director of Diaspora Affairs, Kofi Okyere Darko, explained in a Facebook post that the visit was a gesture of appreciation by the delegation to the Government of Ghana for its continued efforts to reconnect Africans in the diaspora with their ancestral homeland.
He indicated that the ceremony, scheduled for next Monday, will officially grant Ghanaian citizenship to members of the delegation as part of the country’s broader engagement with the African diaspora.
The delegation was led by Erica Bennett, Founder of the Diaspora Africa Forum.
According to Mr Okyere Darko, her years of advocacy have played an important role in strengthening ties between Africa and people of African descent living abroad.
He noted that the group’s journey towards citizenship represents not only a legal process but also a cultural and spiritual return to their roots.
Also present at the meeting was Natalie Jackson, an attorney who is also expected to receive Ghanaian citizenship during the ceremony. She works closely with renowned civil rights lawyer Ben Crump.
Mr Okyere Darko emphasised that Ghana remains committed to strengthening relationships with the African diaspora and promoting unity, identity, and shared heritage among people of African descent worldwide.
By: Jacob Aggrey
Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.
The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.
He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.
However, he indicated that the country is now recovering and witnessing a significant economic turnaround.
According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.
Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.
He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.
The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.
The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.
By: Jacob Aggrey
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