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Monday 16-2-2015

PREZ ADDRESSES OPENING SESSION OF IFAD TODAY

President John Dramani Mahama will today deliver a keynote speech to open the 38th Session of the Governing Council of the International Fund for Agricultural Development (IFAD) in Rome, Italy.

PRESIDENT MAHAMA URGES MILITARY TO WORK TOWARDS COUNTER TERRORISM

President John Dramani Mahama has tasked the Military High Command to modify their training modules and strategies beyond conventional warfare to effectively combat terrorists.

PRESIDENT MAHAMA MEETS KUFUOR

President John Dramani Mahama has hekd discussions with former President, John Agyekum Kufuor at the Flagstaff House in Accra.

JULIUS DEBRAH IS NEW CHIEF OF STAFF

President John Dramani Mahama has appointed Minister for Local Government and Rural Development, Mr Julius Debrah as his new Chief of Staff.

GOV’T DOESN’T KNOW HOW MUCH IT HAS BORROWED – BAWUMIA

The New Patriotic Party (NPP) Vice Presidential candidate, Dr. Mahamudu Bawumia, has noted it is sad that the current government seems not to even know how much it has borrowed since it assumed office in 2009, describing the situation as the height of economic mismanagement.

OSU APPEALS FOR A MUNICIPALITY

Nii Okwei Kinka Dowuona VI, Paramount Chief of Osu, has appealed to the Ministry of Local Government and Rural Development to consider creating a municipality for the Osu Traditional Area.

BOY REPORTS MUM TO POLICE OVER HOT IRON BURNS

A 14-year-old boy who could not withstand the cruel behaviour of his mother walked from Osu to the Ministries District Police to report her to the police.

IEA DECRIES CURRENT RATE OF GOVERNMENT BORROWING

The Institute of Economic Affairs (IEA) has expressed worry over the current rate of government borrowing and warned that the national debt will grow to about 70 percent of Gross Domestic Product (GDP) by 2016 and close to 100 percent by 2020.

GHANA SINKS UNDER HEAVY DEBT –IEA

The Institute of Economic Affairs (IEA) believes the country is on the brink of collapse, a it’s saddled with unsustainably heavy debt.

SDA ABANDONS CHURCH

Reports reaching Daily Guide from Atebubu in the Brong Ahafo Region indicate that members of the Seventh Day Adventist (SDA) Church in the town stayed indoors on Saturday (the Sabbath) to avoid further attacks by the Muslim youth in the area.

NEW EC BOSS – TIME IS RUNNING OUT AS DR AFARI-GYAN RETIRES IN JUNE

Ghana faces a major test as the country searches for an individual to replace current Chairman of the Electoral Commission (EC), Dr Kwadwo Afari-Gyan.

FREIGHT FORWARDERS RESIST NEW FEES

The impending implementation of a new Advanced Shipment Information (ASHI) system which will provide pre-arrival cargo information for importers to process their goods at the ports is brewing tension between freight forwarders and the Ghana Shippers Authority.

NPP FIGHTING OVER CAMPAIGN MANAGER POST

A founding member of the opposition New Patriotic Party (NPP), Dr Nyaho Nyaho-Tamakloe has revealed that factions are fighting over who should be campaign manager for 2016.

AKUFO-ADDO, BAWUMIA LEAD ‘Wá ´NGBO’ DEMO

The 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, together with his running mate, Dr Mahamudu Bawumia will on Wednesday, February 18, lead the “wá´ngbo” demonstration to protest against President John Mahama and his government’s inability to solve the energy crisis.

I WON’T APOLOGISE OVER “USELESS QUESTIONS” SAYS AYARIGA

Mahama Ayariga, the MInsiter of Youth and Sports, has stated categorically he will not apologise and has no regrets for describing as “useless” and “silly” questions posed to him journalists over the budget for the just ended Africa Cup of Nations.

AFRICANS WITH BILLION – DOLLAR HSBC ACCOUNTS EXPOSED

Details in a global leaked report have uncovered a total of $89 million of taxable money illegally stashed away in several HSBC private bank accounts in Switzerland by a number of wealthy Ghanaians between 1988 and 2006.

1.5M EURO EQUIPMENT FOR ARMED FORCES

The German government through the German Armed Forces Technical Advisory Group (GAFTAG) has presented military equipment worth 1.5 million Euros to the Ghana Armed Forces.

BUSINESS HEADLINES

GOVERNMENT MOBILIZES FUNDS TO COMPLETE TAKORADI PORT PROJECT

Government is mobilizing funds to undertake the second phase of the Takoradi Port Expansion Project, Mrs Dzifa Ativor, Minister of Transport, has said.

HORTICULTURAL PRODUCTS EXPERT NOT AT RISK – SPIO GARBRAH

Ghana and other West African countries have up to October to enjoy non-reciprocal trading arrangement with the European Union (EU), which has extended its free-trade moratorium for West African countries under the Economic Partnership Agreements (EPAs).

SHIPPERS AUTHORITY CLASHES WITH IMPORTERS OVER NEW SHIPPING REGULATIONS

Some exporters and importers say they will resist new procedures introduced by the Ghana Shippers Authority for clearing their goods at the country’s ports.

LEVERAGES ADRs TO RESOLVE LABOUR AGITATIONS

Labour consultant and Chief Executive Officer of Gamey and Gamey Group, Austin Gamey, says the country has failed to implement its Labour Law extensively and this accounts for the intermittent cases of labour agitation and social unrest.

KUFUOR’S $300 MILLION AFFORDABLE HOUSING DECAYING

As the country’s housing deficit worsens, the abandoned 300 million dollar uncompleted affordable housing projects initiated under President John Kufuor’s administration in 2006 is fast deteriorating beyond repairs.

GOVERNMENT BUDGET IN DANGER

The Ghana Chamber of Mines has warned government to revise its projected revenue target from the sector as production dips under the current load shedding, causing operational challenges for mining companies.

BOG INFLATION REPRIEVE

As the Bank of Ghana’s key decision-making Policy Committee (MPC) begins its 63rd regular meeting today, analysts are expecting the central bank to keep monetary policy tight, with the balance of possible rate actions favouring a hold on Policy rate.

GOVERNMENT ADVISOR: “NO PUBLIC MONEY IN NEW AIRLINE”

Government has resolved not to commit any taxpayer funding into establishing the proposed new national airline.

ACTIVA SUPPORTS SMES WITH GH¢1MILLION INSURANCE PACKAGE

Activa International Insurance Company Ghana Limited has presented GH¢1million worth of insurance protection for winners of this year’s Small-Medium-Enterprises (SMEs) Ghana Awards scheduled for September 30, at the State Banquet Hall, Accra.

SSNIT COLLECTS GH¢1.16b FROM CONTRIBUTORS IN 2013

The Social Security and National Insurance Trust (SSNIT) collected a total of Gh¢1,159,737,000 in the year 2013 from 1,120,512 contributors nationwide.

INTERNATIONAL HEADLINES

EGYPT STRIKES LIBYA JIHADISTS AFTER BEHEADINGS VIDEO

Egypt carried out air strikes against Islamic State group targets in Libya on Monday after the jihadists posted a video showing the decapitation of 21 Coptic Christians, the military said.

Sisi warns of response after Islamic State kills 21 Egyptians in Libya

Islamic State released a video on Sunday that appeared to show the beheadings of 21 Egyptian Christians in Libya and President Abdel Fattah al-Sisi warned that his country would respond to the deaths as it saw fit.

Northeast hit by blizzards, cold, after record snow

The U.S. Northeast struggled to dig out on Sunday from the latest in a series of winter storms that made February the snowiest month in Boston’s history, but bitter cold and huge drifts hampered the effort.

Danish police kill 22-year-old suspected of Copenhagen shootings

Police shot dead a 22-year-old Danish-born gunman on Sunday after he killed two people at a Copenhagen synagogue and an event promoting free speech in actions possibly inspired by an attack on the French satirical weekly Charlie Hebdo, authorities said.

Ukraine rebels disavow ceasefire at encircled town

Ukraine’s rebels disavowed a new truce on Sunday hours after it took effect, saying it did not apply to the town where most fighting has taken place in recent weeks.

British employers raise growth forecast, house prices rise

A British employers group raised its forecasts for economic growth this year on the back of low oil prices and a separate measure of house prices picked up — a sign that a housing market slowdown could be bottoming out.

Greece, confident as EU meeting looms, sticks to no-austerity pledge

Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact.

China January FDI grows at strongest pace in four years

Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focussed on the more resilient services industry.

Fortunes of UK workers diverge as many miss out on pay rises

Two fifths of British workers landed significant pay rises last year but a similar number endured stagnant salaries as the fortunes of the workforce diverged sharply, a human resources organisation said on Monday.

Shooting with ‘some injuries’ reported in a Walmart in Mississippi

Police were investigating a shooting with “some injuries” at a Walmart store in Iuka, Mississippi on Sunday, and the store was closed, the Tishomingo County Sheriff’s Office said.

Bank of England’s Weale – rates to rise sooner than markets think

The Bank of England will need to start raising interest rates sooner than investors expect as inflation recovers from current low levels, Martin Weale, a policymaker at the central bank, said.

Westerners join Iraqi Christian militia to fight Islamic State

Saint Michael, the archangel of battle, is tattooed across the back of a U.S. army veteran who recently returned to Iraq and joined a Christian militia fighting Islamic State in what he sees as a biblical war between good and evil.

New Jersey woman found frozen to death near her home Sun

A New Jersey woman was found frozen to death in the snow near her home on Sunday morning, authorities said.

Kurds, Syrian rebels edge into Islamic State stronghold – monitor

Kurdish forces backed by Syrian insurgent groups took control of a hill inside the provincial stronghold of the militant Islamic State group on Sunday after deadly clashes, the Syrian Observatory for Human Rights said.

SPORTS HEADLINES

ABBEY ,PAPPOE INFLUENCED MEDIA TO DEMAND AFCON 2015 BUDGET STATEMENT – MANU

Football Administrator, Kofi Manu popularly known as Blue Blue claims Ghana FA Executive Committee members Randy Abbey and Fred Pappoe and some politicians have been influencing some journalists to demand details on the Black Stars budgets and expenditure at tournaments from Sports Ministers live on radio.

JEFFREY SCHLUPP’S FA CUP TITLE HOPES WITH LEICESTER DASHED BY VILLA

Ghana defender Jeffrey Schlupp’s hopes of ending the season in England with an FA Cup trophy was dashed on Sunday after Leicester City was dumped out of the knock-out competition by Aston Villa.

HOT START: KWASI APPIAH HAPPY ABOUT WINNING START IN SUDAN

Former Black Stars coach Kwesi Appiah is enjoying his new role in Sudan after a winning start in the Confederation Cup.

AFRIYIE ACQUAH MARKS SAMPDORIA DEBUT WITH DEFEAT

Ghana midfielder Afriyie Acquah tasted defeat and was cautioned on his debut for Sampdoria as the Blucachiati fell to a 2-1 loss away at Chievo Verona in the Italian Serie A on Saturday.

TRAGIC: NEW EDUBIASE FC INVOLVED IN ACCIDENT

Ghana Premier League side New Edubiase United got involved in a fatal accident at the Mpreaso Mountains on Sunday evening.

AYEW EYES LIVERPOOL MOVE

Olympique Marseille midfielder Andre Ayew wants to join Liverpool, reports TuttoMercatoWeb.

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