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News Headlines-December 3 2015

📰NEWS HEADLINES📰
THURSDAY 3RD DEC 2015

BY MR LARRY ®

NPP HAS LOST FOCUS — PORTUPHY

The leadership of the New Patriotic Party (NPP) has lost its focus, the National Chairman of the National Democratic Congress (NDC), Mr Kofi Portuphy has said.

BAWUMIA LIED – SETH TERKPER

Ghana’s Finance Minister Seth Terkper has said Dr Mahamudu Bawumia threw dust into the eyes of Ghanaians in his reaction to the 2016 Budget Statement.

BAWUMIA DAZES NDC ON DUMSOR, CORRUPTION, INCOMPETENCE

The vice presidential candidate of the New Patriotic Party, Dr Mahamudu Bawumia says President John Mahama cannot run away from the fact that his government has displayed abysmal performance and so must not be re-elected.

GNPC GRILLED OVER CHOP CHOP

Former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Tsatsu Tsikata; former acting CEO of the Corporation, Nana Boakye Asafu-Adjaye; former Corporate Affairs Manager, Esther Cobah and a former Field Evaluation and Development Manager and now Deputy Minister for Petroleum, Benjamin Dagadu, are likely to cough up the 5 million cedis allegedly paid to them as ex-gratia.

MAN KILLS WIFE, 3 KIDS WITH ACID

Residents of Yaw Kyeremakrom, near Koforidua in the Eastern Region were thrown into a state of shock on Wednesday morning when five family members were found dead in what residents believe to be an acid attack.

NLA TO BE DRAGGED TO COURT

Today can report that the National Lottery Authority (NLA) will soon face the law for breach of faith and causing financial loss to the state.

SANCTION SAM GEORGE – ET MENSAH TELLS NDC

The campaign team of the incumbent MP for Ningo-Prampram, E. T. Mensah has asked the national leadership of the governing National Democratic Congress to sanction parliamentary candidate elect for the area, Samuel George for masterminding irregularities and misconducts during the primaries a fortnight ago.

MAHAMA IS ONLY COMPETENT IN MISMANAGEMENT – BAWUMIA

New Patriotic Party (NPP) running mate, Dr. Mahamudu Bawumia has described President John Mahama as a ‘competent’ person, albeit in a negative sense.

PARLIAMENT WILL PUT GNPC EX-GRATIA BROUHAHA TO REST – EPHSON

The intervention of Parliament in the payment of ex-gratia to some former personnel of the Ghana National Petroleum Commission (GNPC) including Tsatsu Tsikata, will put to rest the fuss about the case, Ben Ephson has said.

FAKE DOCTOR BUSTED, FINED GHC12,000.00

The Akyem Swedru Circuit Court has sentenced a 50-year-old quack doctor to pay an amount of Ghc12000.00 or in default serve a jail term of four years.

EDUCATION DIRECTORATE BLOWS GHS25,000 ON FUEL MONTHLY

The Breman Asikuma District Directorate of Education in the Central Region spent a whopping twenty-five thousand and fifty-two Ghana cedis (GHC 25,052) or 250 million old cedis on fuel in a month, the 2014 Auditor General’s report has revealed.

POLICE WALK FREELY AFTER BUTCHERING MAN, 27

A 27-year-old man, Confidence Kofi Aguyiri has expressed frustration at the slow pace at which the police is handling a case he lodged against a police officer who butchered his arm.

WE IGNORED LEGAL ADVICE IN PAYMENT OF EX-GRATIA – GNPC

It has emerged that the Board of the Ghana National Petroleum Corporation ignored a legal advice from their lawyers not to pay the controversial ex-gratia to four ex-employees of the Corporation.

IT’S EXCITING TO SEE FORMIDABLE WOMEN IN MEDIA NOW – AUDREY GADZEKPO

The Dean of the School of Information and Communications at the University of Ghana, Professor Audrey Gadzekpo has lauded the rise of “uninhibited” women on the Ghanaian media space recently.

GNPC TO PRODUCE EX-GRATIA DOCUMENTS MONDAY

Chairman of the Parliamentary Select Committee on Mines and Energy, Alhaji Amadu Sorogoh, has said the legislative body has requested for documents concerning alleged payments to some former staff of the Ghana National Petroleum Corporation (GNPC).

UK POLICE PROBES DEATH OF PREGNANT BRIT IN GHANA

Charmain Speirs with her husband Eric Adusah
The UK police has begun investigations into the death of a pregnant British woman whose decomposing body was found in a bath in Ghana after murder charges were dropped against her pastor husband in the West African country.

HR MANAGER FOR WEST AKYEM ASSEMBLY FOUND DEAD

Police in Asamankese in the Eastern region are investigating the death of the Human Resource Manager of the West Akyem municipal Assembly.
BUSINESS HEADLINES
GOVERNMENTS 5-YEAR CEDI BOND STANDS A LITTLE OVERSUBSCRIBED

Government has successfully issued its 5 year cedi denominated Treasury bond. Government was looking to raise about 516.5 million cedis but received a subscription of about 644 million cedis. It however accepted 35 out of a total of 47 bids received which culminated to over 516 million cedis. The subscription was 127.5 million cedis more than the expected.

DONOR FUNDING DECLAIMS STEADILY

Disbursement of grants from Ghana’s donor community has been declining significantly in the last five years, a phenomenon experts say has worrying implications for the country’s progress.

MANUFACTURING FIRMS RECORD HUGE LOSES

Many manufacturing firms continue to record losses in their operations due to a host of factors including the hostile exchange rate market and the poor power situation in the country.

LAYOFF: BAWUMIA LIED, WAS CYNICAL WITH HIS POINTS – TERKPER

Finance Minister Seth Terkper has once again debunked Dr. Mahamudu Bawumia’s assertion that government intends laying off workers after the 2016 elections.

GRIDCO COMPLETES WORK ON TRANSMISSION LINES

The Chief Executive Officer of the Ghana Grid Company (GRIDCo), Mr. William Amuna says the company has completed work on the transmission lines which have since been hooked to the Smelter Station, awaiting to further hook the lines to the framework on the powership.

REVIEW MEASURES TO HALT CEDI DEPRECIATION — BANKERS

The President of the Chartered Institute of Bankers (CIB) Ghana, Mr Clifford Mettle, has called on the Bank of Ghana (BoG) to review the measures it instituted to halt the decline of the cedi against the major international trading currencies.

AIRTEL GHANA COMMENCES ‘12 DAYS OF GIVING’ INITIATIVE

Airtel Ghana, culminates its impressive year of charity and goodwill with a specially designed programme led by employees to touch and enrich the lives of individuals and communities dubbed “Airtel 12 Days of Giving”.

PRABON GREENFIELDS SETS MARKER IN LUXURY REAL ESTATE MARKET

Nestled in the serene area near the town of Prabon, a suburb of Kumasi in the Ashanti Region of Ghana, is Prabon Greenfields, a luxury real estate project which caters both to the impeccable tastes of the more accomplished Ghanaian and to expatriates looking for quality housing both as a place of residence or as an excellent investment vehicle.

ADB ADVANCES GHC381M TO AGRIC SECTOR

The Agricultural Development Bank (adb) has trumpeted its continued support to the agric sector ahead of the Farmers Day celebration on Friday, as it advanced more loans to the agric sector last year than any other bank in the country.

SHORE UP FOREX INFLOWS TO SUSTAIN CEDI – CIB BOSS

President of the Chartered Institute of Bankers (CIB) Clifford Duke Mettle says government must identify and put to check trade-related activities that harm the economy and also ensure an investment-friendly atmosphere so as to increase forex inflows to sustain the cedi.

MTN WINS 4G SPECTRUM LICENSE

This is contained in a statement on the official Facebook page of the National Communications Authority.
MTN went head to head with three local companies, namely Surfline Communications, Goldkey Telecoms and Migson Communications.

BEROCK WIN CONSTRUCTION COMPANY OF THE YEAR

Berock Ventures Ltd, a leading indigenous construction company swept four awards including the Construction Company of the Year at the Ghana Construction Awards held over the weekend.

BOG’S ‘MISGUIDED’ POLICIES WEAKENED CEDI – BAWUMIA

Economist and former Deputy Governor of the Bank of Ghana Dr. Mamadu Bawumia has attributed the continuous depreciation of the cedi over the last few years, to bad policies introduced by the Bank of Ghana.

UNILEVER LAUNCHES ‘PEPSODENT TRIPLE PROTECTION’ FOR BETTER HEALTH

Unilever Ghana Limited has introduced a new toothpaste brand called the ‘Pepsodent Triple Protection’. The product aims at protecting the human teeth against bacteria and also gives fresh breath.

GHANA’S ECONOMY GREW 500% UNDER KUFUOR BUT 52% UNDER NDC – BAWUMIA

The vice presidential candidate of the new patriotic party (npp), dr. mahamudu bawumia says the ndc administration’s management of ghana’s economy is the worst in the country’s history since independence.

ADB 2 HAS 2-WEEKS ULTIMATUM TO CALL BACK SACKED WORKERS

The Union of Commerce, Industry and Finance workers (UNICOF) has given a two week ultimatum to management of the Agricultural Development Bank (ADB) to reinstate dismissed staff.

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