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Headline News … June 30 2015

BY MR LARRY

MAHAMA’S RESHUFFLE MOVES TO THE BANKS

Reliable information reaching The aL-hAJJ points to President John Dramani Mahama, in the coming days, announcing major restructuring of some public institutions, particularly those in the financial sector, as part of final major reshuffle of his administration in preparation for the crucial 2016 polls.

BISHOP BONEGAS IN TROUBLE – POLICE INVESTIGATE HIM FOR UNLAWFUL USE OF COP

The police are investigating the conduct of Bishop Daniel Kwame Kissi Bonegas, the Founder and Overseers of the Great Fire Pentecostal International Ministry, for allegedly engaging a policeman for guard duties without authority.

GIVE LITIGANTS FAIR DAY IN COURT – PRESIDENT TELLS JUDGES

President John Mahama has called n the Supreme Court to instill confidence in litigants so that parties to a case would be assured of a fair day in court.

GMA EXTENDS STRIKE DEADLINE TO JULY 29

After a marathon meeting of its General Assembly in Accra, the Ghana Medical Association (GMA) has decided to push its planned gradual withdrawal of its services to July 29, 2015.

KOFI JUMAH PETITIONS A-G

The former Member of Parliament for the Asokwa Constituency, Maxwell Kofi Jumah, and his campaign Operations Director, Riches Oscar have petitioned the Attorney General over their prosecution.

NEW EC BOSS CAN’T RIG 2016 ELECTIONS FOR NDC – ASIEDU NKETIA

General Secretary of the governing National Democratic Congress (NDC) says suggestions that newly appointed head of the Electoral Commission, Mrs Charlotte Osei, will supervise the stealing of next year’s vote for the governing party are ‘laughable.’

REVIEW LEAP – IMANI GHANA

Policy think tank, IMANI-Ghana, has called for the review of the Ghana Livelihood Empowerment Against Poverty (LEAP) programme from its current state which makes the recipients perpetual dependents, to a scheme that steers them towards becoming self-reliant.

CHINESE MINERS INVADE RIVER TANO BASIN

Life in the Brong-Ahafo Region can now be described as very dangerous for inhabitants, because their major source of drinking water, the Tano River, is under serious attack by activities of illegal miners.

NPP’s FUTURE IN SAFE HANDS – AKUFO-ADDO

The 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, is confident that the future of the party is in safe hands, following the emergence of young, intelligent men and women who have been elected in the ongoing parliamentary primaries of the party.

BLAME A-G, JUDGE FOR WOYOME SCANDAL – LEAKED REPORT

The credibility of former Attorney General Betty Mould-Iddrisu, along with that of Justice Amandu Tanko, the trial judge who caused the payment of a whooping Ȼ51.2 million judgment debt to NDC bankroller Alfred Agbesi Woyome, has been brought to question.

CONFUSION HITS EC BOSS

Some issues are coming out of the appointment of Charlotte Kesson-Smith Osei as Chairperson of the Electoral Commission (EC), among which is the accusation that President John Mahama is setting bad precedent.

HEALTH SECTOR CONDITIONS OF SERVICE WOULD BE READY SOON – GOV’T

Employment and Labour Relations Minister, Haruna Iddrisu is highly confident President Mahama would have the bragging rights of getting conditions of service in place for health workers under his leadership.

ACUTE WATER SHORTAGE HITS TAMALE

An acute water shortage has hit the Tamale Metropolis of the Northern Region for the past two weeks. The situation is impacting residents negatively because in the month of Ramadan, Muslims need water most.

GOVERNMENT CHOPS $1.3B – BAWUMIA

Running mate of the Presidential Candidate of the New Patriotic Party (NPP) Mahamudu Bawumia has accused the National Democratic Congress of stealing $1.3 billion.

APAU: TRIAL JUDGE ERRED IN WOYOME CASE

A leaked report of the Judgment Debt commission has faulted the Attorney General’s Department and the trial court for failing to prevent the payment of the controversial GHC51 million judgment debt to businessman, Alfred Agbesi Woyome.

PUBLIC UNIVERSITIES RISK NEGLECT FROM PAST STUDENTS – RESEARCH

A Research Fellow at the Institute for Educational Planning and Administration at the University of Cape Coast, Dr. Michael Boakye-Yiadom, is warning the country’s tertiary institutions risk losing support from their past students if students’ services are not prioritized.

NIGERIANS ARRESTED FOR FORGING EC, STATE DOCUMENTS

Three Nigerians have been arrested for suspected fraud and allegedly possessing forged documents of some state institutions such as the Electoral Commission, the Ghana Police Service and the Ghana Immigration Service.

YOUTH RUN RIOT AS THEY VANDALIZE SALAGA VRA OFFICE

An angry mob in Salaga in the Gonja East District in the Northern region yesterday attacked the offices of the Volta River Authority (VRA) and the Northern Electricity Distribution Company (NEDCo) in protest against ongoing power outages in the community.

POLICE REACT TO FUEL SHORTAGE

Ghana Police Service has denied a story published by Today that the service has been hit by fuel shortage.

PRESIDENCY BREACHED PROCUREMENT LAW IN WEST BLUE CONTRACT

Former Executive Director of the Danquah Institute Gabby Asare Otchere Darko is imputing criminality in the contract awarded to West Blue Company by the presidency.

BUSINESS HEADLINES

GHANA READY TO SET UP EXPORT AND IMPORT BANK

President John Dramani Mahama on Monday stated that the establishment of a Ghana Export and Import Bank (EXIM) would move the country from import-dependent to a large-scale exporter.

CORPORATE FAILURES IMMINENT

Deep throat sources in the finance and banking sectors have warned of imminent massive corporate failures as banks in the country are reluctant to work with business to restructure debts.

15 PERCENT HIKE IN FUEL PRICES TOMORROW

The prices of petroleum products will go up by between 10 percent and 15 percent tomorrow, influenced by continuous fall of the cedi, full deregulation and 17.5 percent Special Petroleum Tax.

RESULTS OF IMF REVIEW OUT TODAY

Ghana is likely to clear the first review of its $918 million programme with the International Monetary Fund (IMF) and secure a fresh disbursement of funds aimed at stabilizing its economy, sources close to the deal said, Monday.

PREZ MAHAMA INTERVENES FOR DKM CUSTOMERS

President John Dramani Mahama has directed the Bank of Ghana (BOG) to speed up processes and ensure that cash deposits of customers of the DKM Diamond Microfinance, a savings company in the Sunyani Municipality are paid them.

NUCLEAR ENERGY GETS LEGAL BACKING

Parliament has approved the Nuclear Regulatory Bill, 2015, with law-makers optimistic it will help with the management of radioactive waste resulting from civilian application in the country.

IMF REVIEW VERDICT IN…TERPKER MUST DO MORE

A team from the International Monetary Fund is today expected to tell Ghanaian authorities their efforts to achieve fiscal consolidation are not good enough, and that government must do more as it concludes the first review of the 3-year Fund programme.

CEDI VOLATILITY DAMPENS HOPES OF BUSINESSES

Business entities say they are less optimistic about the prospects of the economy primarily because of the unpredictability of the value of the cedi against the other major trading currencies, the Bank of Ghana has noted.

BOG TURNS TO FOREIGNERS TO SAVE CEDI

The Bank of Ghana (BoG) is baiting offshore investors into the country’s short-term debt market in a renewed bid to boost liquidity on the money market and shore up the cedi.

ICU PLANS TO HIT THE STREETS

The Industrial and Commercial Workers Union (ICU) says it will, on July 8, 2015, embark on a demonstration to protest against what it describes as worsening economic conditions which have led to the collapse of many industries in the country.

NCR CONGRATULATES NEW MTN BOSS

The Network of Communication Reporters (NCR) has congratulated Mr Ebenezer Twum Asante, the new and first Ghanaian CEO of telecoms giant, MTN Ghana.

RURAL BANKS URGED TO ADAPT TO CHANGING TRENDS

Rural and Community Banks (RCBs) have been challenged to respond to the changing trends in the banking sector.

UG SIGNS LANDMARK US$64m PPP INVESTMENT CONTRACT

The University of Ghana has signed a landmark agreement with Africa Integras.
The US$64million project, which was structured as a 25-year Build, Operate and Transfer (BOT), is the first of its kind with a public university in Africa.

TRIAL OF NEW COTTON VARIETY POSITIVE IN NORTHERN GHANA

A scientist at the Yam and Cotton Breeding Programme of the Savanna Agricultural Research Institute (SARI), Dr Emmanuel Chamba, has confirmed that Bacillus thuringiensis (Bt) cotton trials in the three northern regions of the country have yielded positive results.

SOCIETE GENERALE OPENS EAST LEGON BRANCH

Societe Generale Ghana has officially inaugurated an ultramodern branch at East Legon in Accra.

ADB TO LOSE SHAREHOLDERS OVER IPO SUSPENSION

ADB bank risk losing prospective shareholders and investors to other institutions offering profitable investment avenues following the suspension of the bank’s Initial Public Offering (IPO).

INTERNET TARIFFS GO UP 7.4%

Mobile Internet operators in Ghana have quietly raised broadband tariffs by 7.4 percent over the past year as operators’ grapple with increased cost of operations, despite more and more people adopting data high-usage plans.

UNICOF STAFF UNION DENY PASSING RESOLUTION AGAINST ITS GENERAL SECRETARY

The Staff Union of the Union of Industry, Commerce and Finance workers (UNICOF) denies ever passing a resolution of bribery and corruption allegations against the UNICOF General Secretary, Mr. John Esiape.

PROJECT TO IMPROVE COWPEA SEED TAKES OFF

A project, “Taking Cowpeas to Scale in West Africa,” aimed at improving the cowpea seed sector in the three Northern Regions has taken off.

INCREASE IN MOTOR INSURANCE PREMIUM REDUCED BY HALF

Vehicle owners and commercial drivers would now be paying 300% increase for their 3rd party motor insurance. This is half the initial 600% increase in the premium indicated by insurance companies.

GHANA READY TO SHIFT TO MARKET-ORIENTED AGRICULTURE ECONOMY

Stakeholders of Ghana’s agriculture sector have all supported that, the time has come for us to shift from subsistence to market-oriented production.

BE PREPARED FOR ONLINE PAYMENT – GhIPSS BOSS

Mr Archie Hesse, the Chief Executive of Ghana Interbank Payment and Settlement System (GhIPSS), has called on businesses to make ready their websites for online payments as plans are underway to launch the Internet Payment Gateway.

FARMERS FORM SAVINGS AND LOANS ASSOCIATION

Farmers in 22 predominantly farming communities in the Sekondi-Takoradi metropolis have formed a village savings and loans association (VSLAs) to raise funds for their respective farming activities.

CEDI DEPRECIATION: WAMPAH HAS NOT SHOWN LEADERSHIP – MP

A member of Parliament’s Finance Committee is blaming the depreciation of the cedi on the actions of the Governor of the Bank of Ghana, Dr. Henry Kofi Wampah.

INTERNATIONAL HEADLINES

BRITAIN, US SAY NO UN EXIT FROM DARFUR

Britain and the United States said Monday it was too soon for UN peacekeepers to leave Sudan’s troubled Darfur region as the Security Council extended the mission for another year.

TUNISIA ARRESTS SUSPECTS ASSOCIATED WITH BEACH HOTEL ATTACKER

Tunisian authorities have arrested a group of suspects associated with the gunman who killed 39 people, mainly British tourists, in a beach hotel attack claimed by Islamic State, the interior minister said on Monday.

AMNESTY SLAMS EGYPT OVER ARRESTS OF YOUTHS

Amnesty International has accused the Egyptian authorities of jailing young activists to quell unrest under one of the toughest crackdowns in the country’s history.

CAR BOMB ATTACK KILLS EGYPT’S TOP PUBLIC PROSECUTOR

Egypt’s top public prosecutor was killed by a car bomb attack on his convoy on Monday, the most senior state official to die at the hands of militants since the toppling of an Islamist president two years ago.

ANTI-AUSTERITY PROTESTS IN GREECE AS BANK SHUTDOWN BITES

Tens of thousands of Greeks rallied on Monday to back their leftwing government’s rejection of a tough international bailout after a clash with foreign lenders pushed Greece close to financial chaos and forced a shutdown of its banking system.

CAR BOMB IN YEMENI CAPITAL HITS MOURNERS, DOZENS WOUNDED

A car bomb claimed by Islamic State exploded in the Yemeni capital Sanaa overnight, medics said, wounding at least 28 people gathered to mourn another attack earlier this month.

FOUR ISRAELIS WOUNDED IN SUSPECTED PALESTINIAN WEST BANK SHOOTING

A gunman opened fire at a group of Israelis near a Jewish settlement in the occupied West Bank on Monday, the Israeli military said, in a suspected Palestinian drive-by attack.

IN MOSCOW, SYRIAN MINISTER SAYS RUSSIA PROMISES AID

Syria’s foreign minister said in Moscow on Monday Russia had promised to send political, economic and military aid to his country, where the army is coming under some of the heaviest pressure since the start of the civil war.

U.S. SPY AGENCIES WIRETAPPED TWO FRENCH FINANCE MINISTERS – WIKILEAKS

The U.S. National Security Agency wiretapped the communications of two successive French finance ministers and collected information on French export contracts, trade and budget talks, according to a report by WikiLeaks.

JAPAN BULLET TRAIN STOPS AFTER REPORTS MAN TRIED TO SET HIMSELF ALIGHT

A Japanese Shinkansen bullet train made an emergency stop on Tuesday and a passenger was found at the entrance of a carriage covered in flammable liquid, officials said. Media reports said a man in his 30s had set himself on fire.

JAPAN RAISES VOLCANO ALERT FOR MT. HAKONE AFTER SMALL ERUPTION

Japan raised the volcano alert at Mt Hakone southwest of Tokyo, restricting access to the area after an apparent small eruption at the mountain popular with holiday-makers.

SPORTS HEADLINES

JULY 1: MAHAMA TO GRACE PRESIDENT’S CUP AS HEARTS, KOTOKO BATTLE

After behind-the-scenes dragging, the annual President’s Cup has been confirmed to come off this Wednesday.

TOURE NOT FIXATED ON GOAL-KING GONG

Striker Amed Toure says he is aiming to score more goals mainly to propel Asante Kotoko to a respectable position on the FCPPL log.

ANNAN DREAMING OF BLACK STAR RETURN

Former Ghana midfielder Anthony Annan is relishing a return to the Black Stars after overcoming his injury challenges.

SCHLUPP SIGNS NEW LEICESTER DEAL

Defender Jeffrey Schlupp has signed an improved contract with Leicester City.

WHY ELVIS SHOULD HAVE BEEN FIRED AFTER 2014 WORLD CUP

There are times when certain things happen, or you hear about something, or read about it and you begin to ask yourself whether you are losing it or not.

RAMADAN MUBARAK

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