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Government Signs $3.2 Billion Agreement With South African Company To Revamp Western Rail Line

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In an attempt to revamp the railway system in Ghana, the government has signed an agreement with Messrs Thelo DB of South Africa and Transtech Consult Limited to upgrade the Western Rail Line. 


This is expected to improve passenger and freight mobility.

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The Ghana Railway Company Limited (GRCL) will serve as the rail operator, while the Thelo DB consortium will serve as the rail manager.

The consortium will collaborate with the African Export-Import Bank (Afreximbank) as the financier and mandated lead arranger to structure and mobilize financing for the 300-kilometer Huni Valley to Dunkwa, Awaso, and Nyinahin to Eduadin sections of the Western Railway Line.

Additionally, the agreement will require the rail manager and the rail operator to work together to provide operations and maintenance management of the entire Western Railway Line.

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The undertaking will serve as a framework through which the Thelo DB consortium is appointed as a service provider for the GRCL in relation to the rail project.

The development of the Western Line forms part of the first phase of the railway master plan which is critical to the success of the integrated aluminum industry being promoted by the government.

Stressing the need for an effective railway, the Minister for Railways Development, Peter Amewu noted that the provision of an efficient rail transportation system along the Western corridor would remove some major constraints to economic development through a reduction in freight transport cost and fuel consumption, an extension of the lifespan of the Western corridor roads, reduction in road maintenance cost and also an improvement in road safety.

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“The project is being financed under a €500-million Deutsche Bank credit facility acquired by the Akufo-Addo-led government,” he said.

 

Source:http://TheGhanaReport

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Education

Government releases Ghc67,942,652.00 to Colleges of Education to cater for their feeding ~ Kwesi Kwarteng discloses

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The Government of Ghana through the office of the Ministry of Education has released a sum of Ghc67,942,652.00 to the various Colleges of Education to cater for hehe feeding.

Mr. Kwesi Kwarteng – PRO – Ministry of Education 

This comes after the Principals of the various Colleges of Education announced that students would be fed twice instead of the three square meals a day due to the delay in the payment of six-month feeding arrears by the government.

The Principals had also indicated that the trainees were going to start feeding themselves from May 8, 2022, if the government did not release funds for feeding.

Sintim Media confirms this official communique issued by the Mr. Kwesi Kwarteng, the Public Relations Officer for the Ministry of Education shared on his official Facebook page.

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This is what he wrote;

Government through the Ministry of Education has this afternoon released an amount of Ghc67,942,652.00 to the Colleges of Education to cater for their feeding balance due.

Hon. Yaw Osei Adutwum- Minister of Education

Addressing the matter, the Minister for Education, Dr. Yaw Adutwum, disclosed that the government through the Finance Ministry has acted swiftly by releasing GHC67,942,662 to principals of the various Public Colleges of Education to salvage the situation.

“I know you may have heard the media reports, many calling on us to hear the plight of PRINCOF, the government has intervened by releasing GHC67,942,662 to all Colleges of EDUCATION.”

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It is however not clear whether the amount released by the government is sufficient to clear all the debt to pave the way for suppliers to supply food to the schools.

In a statement, PRINCOF said, “suppliers have backed their threats of not supplying any food items to Colleges with concrete action by not supplying Colleges with any food items until they have been paid monies owed them.”

They however outlined some measures to ensure the smooth run of the academic year.

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  1. Trainee teachers will be provided with two meals, breakfast and supper only, for one week, from April 23 to April 30, 2022.
  2. Trainee teachers from May 1 to May 8, 2022, shall be given lunch only.
  3. After May 8, trainee teachers would be asked to provide their own meals until their feeding allowances are paid.
  4. Food vendors are being encouraged to increase the quantity of daily meals they cook for sale to students.

The students were very unhappy with this directive and a new arrangement, asking that, if the principals are issuing this directive because they do have not received monies from the government, then, where do they expect us to get money from to feed ourselves? But before they could plan a possible retaliation, the government intervened.

Source: Sintim Media

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