In the aftermath of the New Patriotic Party’s (NPP) disappointing loss in the 2024 presidential elections, key figures within the party are now confronting the reality of the defeat. Prominent NPP member Mr. Ntim was candid about the party’s deep disappointment with the results, stating, “There is no doubt that the outcome of the elections is not what we wished for.” As part of the party’s efforts to recover from the setback, NPP leaders have announced plans to establish an election review committee in January 2025. The committee will be tasked with engaging stakeholders and thoroughly analyzing the factors behind the loss, with a particular focus on identifying areas for reform. This move signals the party’s commitment to reassessing its strategies, especially after a performance that has left many within the ranks of the NPP questioning its future direction. However, acknowledging the need for change is only the first step in what promises to be a lengthy and challenging road to recovery. The party’s leadership understands that mere introspection won’t suffice; substantive reforms will be necessary if the NPP hopes to regain its former political strength and relevance. A critical factor contributing to the party’s downfall, according to some within the NPP, lies in its leadership selection process, which is often seen as outdated and ineffective in identifying the most capable candidates. This concern was echoed by the outgoing Member of Parliament for Asante Akim North, Kwame Andy Appiah Kubi, during a recent appearance on TV3’s Keypoint program. Appiah Kubi did not hold back, accusing the party of allowing “monetisation”—the practice of prioritizing financial backing over other leadership qualities—to shape its selection process. He contended that this has prevented the emergence of the best candidates to lead the party. “Monetisation in the NPP will not bring out the best candidates for leadership roles,” Appiah Kubi asserted, making clear that he believes the party’s internal dynamics have been distorted by the growing influence of money in politics. He pointed out that such practices ultimately undermine the NPP’s ability to connect with voters and field strong, credible candidates who truly represent the interests of the people. The concerns raised by Appiah Kubi reflect a wider, ongoing debate within the party about its evolving identity and internal culture. As political parties globally face increasing challenges around voter engagement and trust, the NPP’s struggle to adapt to changing political dynamics in Ghana may be a cautionary tale about the risks of prioritizing financial power over a strong vision for governance. The NPP’s failure to present an effective response to voter concerns, coupled with its internal leadership battles, has led to disenchantment among some voters, which could explain part of the party’s loss. In the coming months, as the party evaluates the reasons behind its defeat, it will need to tackle these issues head-on. The proposed reforms—specifically within the party’s leadership selection mechanisms—could be critical to rebuilding the NPP’s standing with both its base and the electorate at large. The stakes are high: the NPP faces the dual challenge of revitalizing its image while addressing internal dysfunction. How the party navigates these internal reforms will likely play a decisive role in its ability to reclaim its political influence in future elections.
As investors continue to digest the implications of this significant uptrend, many are wondering whether this rally is sustainable in the long run. While short-term fluctuations are common in the stock market, the underlying fundamentals driving this surge appear robust, suggesting that this upward momentum may have legs. The commitment of governments to support economic growth, coupled with improving corporate performance, paints a positive picture for investors looking to capitalize on the current market conditions.The swift collapse of the Assad regime serves as a powerful reminder of the fragility of authoritarian rule and the importance of maintaining the support and trust of the people. When a regime loses the hearts and minds of its citizens, its days are inevitably numbered. The downfall of the Assad family is a cautionary tale for tyrants everywhere, a testament to the enduring power of the people when united in their quest for freedom and justice.
You’re a game changer, Senator Barau eulogises Ganduje at 75Chandigarh: Punjab power minister Harbhajan Singh on Saturday claimed that the Punjab State Power Corporation (PSPCL) had managed to save around Rs 1,000 crore by procuring cheaper coal from the Pachhwara coal mine . The minister said that supply from the coal mine operational again in Dec 2022 had proven to be a cost-effective alternative to sourcing coal from Coal India Limited. He added that the Pachhwara coal mine had been inoperative since 2015. “Coal from Pachhwara is Rs 11 crore cheaper per 1 lakh metric tonne compared to obtaining coal from Coal India Limited. Till now, PSPCL has procured 92 lakh metric tonne of coal from Pachhwara, transported through a total of 2,400 rakes,” he said. “As a result of this initiative, the thermal plants in Punjab are no longer facing any coal shortages. The Guru Gobind Singh Super Thermal Power Plant in Ropar has a coal stock sufficient for 35 days, Sri Guru Hargobind Thermal Plant in Lehra Mohabbat has a 26-day stock, and the Sri Guru Amardas Thermal Power Plant in Goindwal Sahib has a 28-day stock,” he said. He also highlighted the acquisition of the 540 MW GVK Thermal Plant, now known as the Sri Guru Amardas Thermal Plant in Goindwal Sahib. “Purchased at a rate of Rs 2 crore per MW, this plant alone is generating annual savings of Rs 350 crore. Since the acquisition, the plant's power generation capacity, measured by the plant load factor, has doubled, increasing from 35% to 77%,” he said. Located in Jharkhand, the Pachhwara coal mine has a capacity of 70 lakh tonne of coal per year and coal from the mine has an ash content of 32%, lower than the 41% ash content of coal from other sources. The mine was cancelled by the Supreme Court in 2014 but was reallocated to the PSPCL in 2015. In Sept 2021, the Supreme Court allowed Punjab to resume work at the mine after years of legal issues. We also published the following articles recently Coal India plans to develop 36 new mines in next 5 years: Govt State-owned Coal India Ltd plans to develop 36 new mining projects in the next five years, while Singareni Collieries Company Ltd and NLC India Ltd will open seven and two new mines respectively. The Coal Ministry has allocated 175 coal blocks, with 54 currently operational. In 2023-24, India produced 997.8 million tonnes of coal, addressing environmental impacts through detailed assessments. Car Smoke Bad, Coal Smoke Not So Much? Diesel cars in Delhi-NCR face strict emission norms under BS VI standards, impacting vehicles bought just years ago. Refinery upgrades for BS VI cost 35,000 crore. While cars comply, coal-burning power plants lag in implementing SO2 scrubbers, with many plants missing deadlines. Despite rising solar energy, new thermal plants could increase coal-based power and associated emissions. 10 largest silver mines from across the world Silver extraction, although hazardous, is innovatively and effectively executed in the worlds top 10 largest silver mines. Key players include mines in Mexico, Australia, and Bolivia, which consistently implement advanced techniques. Notables are Mexicos historic Fresnillo, Australias Cannington, and Bolivias San Cristobal, making significant global contributions through enhanced safety and efficiency.
Nvidia stock is set up well for 2025 as chip demand to remain red hot: Jefferies