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News Headlines – January 5 2016

📰NEWS HEADLINES📰
TUESDAY 5TH JAN 2016

BY MR LARRY ®

I WON’T BE THE CAUSE OF VIOLENCE IN GHANA – MAHAMA

President John Dramani Mahama has assured Ghanaians of his government’s commitment to ensuring a credible and peaceful elections to consolidate the country’s democratic credentials.

RADIO STATIONS RISK CLOSURE IF THEY FAIL TO COMPLY WITH CONTENT STANDARDS REGULATIONS 2015

Electronic media operators such as radio and television stations risk closure if they contravene a new Legislative Instrument (LI 2224) passed by Parliament to empower the National Media Commission (NMC) to sanitise the airwaves.

ORGANISED LABOUR, GOV’T TO MEET OVER PRICE INCREASES

Organsied labour, Ghana Employers Association (GEA) and the Association of Ghana Industries (AGI) will Tuesday meet the government over the upward adjustment in fuel prices, as well as water and electricity tariffs.

PUBLIC DECRY HIKES IN PRICES OF PETROLEUM PRODUCTS

Some residents in Accra have described the recent 25 percent fuel price increases as too astronomical and a big drain on their finances.

MILITARY CHIEFS SACKED AFTER RECRUITS RIOT

Barely a day after a Daily Gide report about imminent changes in the Command of the Ghana Armed Forces, President John Mahama late Monday replaced the Chief of Defence Staff, Vice Admiral Mathew Quashie, with Air Vice Marshal (AVM) Sampson Micheal-Oje.

I’VE NOT RUN AWAY – JASTAR GROUP BOSS

The Chief Executive Officer of Jastar Group of Companies, Charles Asum, has discount reports that he has squandered investments of his clients and absconded, describing such reports as “erroneous and a deliberate ploy” by his detractors to tarnish the his hard-won reputation.

KILLER WOMAN GRABBED

The 40 year-old woman, Mercy Nyamekye who allegedly stabbed a 28-year-old Women Organiser of the New Patriotic Party, Amina Moro, popularly called Kande, to death at Bibiani in the Western Region has been arrested by the police.

MAHAMA APPOINTS NEW CHIEF OF DEFENCE STAFF

A major shakeup has hit the top hierarchy of the Ghana Armed Forces as President John Dramani Mahama appoints a new Chief of Defence Staff.

FEAR GRIPS FARMERS AS METEO PREDICTS LOW RAINFALL IN 2016

Ghanaian farmers have expressed concern about the prospects of good crop yield during this year’s farming season following projection that the country will see less rainfall compared to 2015.

MAHAMA GOES WILD: PLANS TO DEAL RUTHLESSLY WITH SABOTUERS

Information available to Today indicates that the seat of government, Flagstaff House is on fire as President Mahama plans to deal ruthlessly with anyone who will make his second term ambition impossible.

EPHSON URGES NPP: ‘TELL GHANAIANS WHAT EC TOLD YOU’

Pollster Ben Ephson has commended the Electoral Commission (EC) for duly replying the opposition New Patriotic Party in its 25-page report to the party regarding the contention on the current voters register.

TARZAN: NPP MUST TELL ‘NOISEMAKERS’ TO ‘SHUT UP!’

The New Patriotic Party (NPP) must tell its members and affiliate groups clamouring for a new register of voters, despite the Electoral Commission’s decision to the contrary, to “shut up!”

GHS TO REVIEW APPOINTMENT OF RIDGE HOSPITAL MEDICAL DIRECTOR

The Ghana Health Service Council will soon constitute a committee to review the appointment of the new medical director for the Ridge Hospital, Dr. Thomas Anaba.

NPP ADOPTS ROOM-TO-ROOM CAMPAIGN AT MANHYIA

Executives of the New Patriotic Party (NPP) in the Manhyia South Constituency in Kumasi have launched an election campaign dubbed, ‘Room-to-Room geared towards increasing the party’s votes in the area.

LET’S STRIVE TOWARDS SUCCESSFUL ELECTION 2016 – OBUOBIA

The National Democratic Congress (NDC) parliamentary candidate for Weija-Gbawe constituency Obuobia Darko-Opoku has urged Ghanaians to strive towards a “successful election 2016”.

MAHAMA MUST LEAVE A LEGACY – REV. ANYANI BOADUM

A renowned preacher, Reverend Dr. Nana Anyani Boadum has urged President John Dramani Mahama not to surround himself with passive elements in his government who will not help him achieve any better gains.

NPP MUST PROVIDE A STRONG AND CRITICAL OPPOSITION TO GOVERNMENT : WEREKO BROBBY

Former chief executive of the Volta River Authority (VRA), Dr Charles Wereko Brobbey has blamed the New Patriotic Party (NPP) for failing to provide a strong and critical opposition to the NDC government.

ROBBERS KILL MAN WHO IDENTIFIED THEM AT BOKANKYE

One of the suspected masterminds of an armed robbery incident which led to the death of one Kwame Boateng, a resident of Bokankye in the Atwima Nwabiagya District in Ashanti Region last Saturday has been arrested.

CONTROLLER TO MIGRATE AGENCIES ONTO MECHANIZED PAYROLL BY MARCH

Government has directed the Controller and Accountant General’s Department to complete the migration process by end of March 2016.

STUDENT’S BAIL REVOKED BY COURT AFTER ATTEMPTING TO TRAVEL OUTSIDE

Elvis Amoah, a student allegedly involved in a GhȻ 83,500 fraud case, was arrested by security officials and handed over to an Accra Circuit Court when he attempted to travel outside the country.

TOURISM MINISTER VISITS AMAKYE DEDE AT KORLE-BU

The Minister for Tourism, Culture and Creative Arts Mrs. Elizabeth Ofosu-Adjare has led a delegation of creative arts practitioners to visit Highlife legend Amakye Dede, who is on admission at the Korle-Bu Teaching Hospital.

BUSINESS HEADLINES

FUEL PRICES: 70% JUST TAXES

It has emerged that Ghanaians are not enjoying the drastic fall in fuel prices because taxes alone constitute about 70% of the cost of fuel in Ghana today.

DUMSOR: VRA STOCKPILES 855,000 BARRELS OF CRUDE OIL

The Volta River Authority now has a stockpile of 855,000 barrels of crude oil, which is being used to power some thermal power plants, resulting in an improvement of power of power supply and reducing the effect of the rolling power cuts, popularly called dumsor.

TARIFFS REDUCTION TALKS TODAY

As complaints by Ghanaians that the prepaid credits they load on their meters run out too fast gain momentum, especially after new tariffs took effect on December 14, 2015, eight labour unions will meet Chief of Staff, Julius Debrah Tuesday to demand for reduction in recently announced utility tariffs.

GHANA MUST INVEST IN MANPOWER- GIPC BOSS

Mawuena Trebarh, Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), has called for investment in manpower to match investors’ vision and ideas.

BOG REVOKES APPROVAL LETTERS OF 70 INSTITUTIONS

The Central Bank says it has revoked the probationary endorsement or ‘approval in principle’ of some 70 microfinance institutions and a money lending company which applied for banking licences recently.

ECG STAFF ARE INEFFICIENT – MONA QUARTEY

Deputy Finance Minister, Mona Quartey, is confident that private sector participation in the operations of the Electricity Company of Ghana (ECG) will lead to greater efficiency and financial independence.

PARLIAMENT TO REVERSE NEW TAX ON INTEREST EARNED BY INDIVIDUALS

Citi Business News has gathered Parliament is likely to reverse the imposition of the 1% tax on interest earned by individuals.

GCAA TO STRENGTHEN STANCE ON OVER-AGED AIRCRAFTS

The Ghana Civil Aviation Authority (GCAA) has told Citi Business News it will intensify its oversight on the use of ageing aircraft by airline operators this year.

GOV’T MIGRATES 120 AGENCIES ONTO PAYROLL

The Controller and Accountant General (CAGD) has been able to migrate 120 subvented organisations onto the government mechanized payroll as at December, 2015.

FACELIFT FOR KOTOKA AIRPORT ARRIVAL HALL

Ghana Airports Company Limited (GACL) has completed major expansion works at the arrival hall of the country’s premier airport, Kotoka International Airport (KIA), as part of a massive decongestion exercise.

SSNIT INCREASES MONTHLY PENSION PAYMENT BY 20%

The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payment by 20 percent effective January 2016.

OIL PRICES EDGE UP AS ASIA EQUITIES STABILISE; OVERSUPPLY DRAGS

Crude prices rose on Tuesday as Asian stock markets stabilized following heavy losses in the previous session, but weak oil market fundamentals with production levels persistently above global demand kept a lid on gains.

GERMAN INFLATION SLOWS IN GOOD NEWS FOR SHOPPERS, HEADACHE FOR ECB

German inflation unexpectedly slowed in December and the rate for the whole of 2015 fell to its lowest level on record, boosting the purchasing power of households who are enjoying record employment and rising wages.

UK ECONOMY LEANS ON CONSUMERS AS MANUFACTURING SLIPS AGAIN

Lending to Britons surged towards the end of 2015 at the fastest rate in almost a decade but manufacturing growth slipped, according to figures on Monday that underscored Britain’s reliance on consumers to drive its economy.

ASIA SHARES STEADY AS UNEASY CALM SETTLES OVER CHINA

Asian share markets struggled to stay positive on Tuesday as a semblance of calm returned to Chinese stocks, though more wild swings appeared likely given the uncertain global outlook for economic growth and interest rates.

INTERNATIONAL HEADLINES

GOODLUCK JONATHAN NAMED ‘INTERNATIONAL PERSON OF THE YEAR’

The African Sun Times, Africa’s number one and largest newspaper in America, has announced Dr. Goodluck Jonathan, former President of the Federal Republic of Nigeria as its International Persons of the Year.

CANDIDATES CALL FOR HALT IN CENTRAL AFRICAN REPUBLIC VOTE COUNT

Two thirds of the 30 candidates standing for president of Central African Republic on Monday demanded the authorities halt the vote count because of what they said were irregularities in the ballot.

UGANDA POLICE PROBE REPORTS 80 KILOS OF SEIZED COCAINE MISSING

Ugandan police said Monday they were investigating reports nearly $4 million worth of cocaine seized by customs officers at its main airport had disappeared from secure stores.

‘WE ARE NOT NATURAL-BORN ENEMIES OF IRAN,’ SAUDI UN ENVOY SAYS

Saudi Arabia said on Monday it would restore ties with Iran when Tehran stopped meddling in the affairs of other countries and pledged that Riyadh would continue to work “very hard” to support bids for peace in Syria and Yemen despite the spat.

SOUTH CHINA SEA TENSIONS SURGE AS CHINA LANDS PLANE ON ARTIFICIAL ISLAND

China’s first landing of a plane on one of its new island runways in the South China Sea shows Beijing’s facilities in the disputed region are being completed on schedule and military flights will inevitably follow, foreign officials and analysts said.

BRITAIN DENOUNCES ISLAMIC STATE VIDEO SHOWING ‘SPIES’ SHOT

An Islamic State video showing a young boy in military fatigues and an older masked militant who both spoke with British accents is “desperate” propaganda from an organisation that is losing ground, Prime Minister David Cameron said on Monday.

SAUDI ARABIA TO HALT FLIGHTS, TRADE WITH IRAN – MINISTER

Saudi Arabia widened its rift with Iran on Monday, saying it would end air traffic and trade links with the Islamic republic and demanding that Tehran must “act like a normal country” before it would restore severed diplomatic relations.

SYRIA CHEMICAL ARMS PROBE FOUND SIGNS OF SARIN GAS EXPOSURE – U.N.

A fact-finding mission of the global anti-chemical weapons watchdog has found indications that some people in Syria were exposed to deadly sarin gas, or a compound like it, according to a report the United Nations released on Monday.

U.S. SAYS VENEZUELAN GOVERNMENT INTERFERING IN NEW NATIONAL ASSEMBLY

The United States expressed concern on Monday that the Venezuelan government is trying to obstruct the actions of the country’s National Assembly, which convenes on Tuesday for its first session with an opposition majority in more than 16 years.

AT U.N., SAUDI ARABIA SAYS 47 EXECUTED WERE GRANTED FAIR TRIALS

Saudi Arabia defended its judicial process at the United Nations on Monday, saying that 47 people executed at the weekend had been granted “fair and just trials without any consideration to their intellectual, racial, or sectarian affiliation.”

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