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Headline News -July 8 2015

NEWS HEADLINES
Wednesday 8-7-2015

By MR LARRY

B.T BABA IS NEW MP FOR TALENSI

The national Democratic Congress candidate in the Talensi by-election, Mr Benson Tongo Baba, 67, a retired Deputy Director General of the Ghana Prisons Service has recaptures the Talensi seat for the party after he polled 10, 366 votes representing 42.31 percent in a keenly contested by-election yesterday.

STATE ATTORNEYS’ STRIKE CRIPPLES COURT PROCEEDINGS

Activities at the courts in Accra and other state institutions moved at a snail’s pace yesterday following the nationwide strike embarked upon by state attorneys.

GOVERNMENT SIGNS AGREEMENT WITH KNET TO COMMENCE WORK ON DTT MIGRATION

The Ministry of Communications has signed an agreement with KNET Limited, a Ghanaian-owned private firm, for the commencement of work on the digital terrestrial television (DTT) network.

NDC WINS TALENSI AFTER BLOODY ATTACKS

National Democratic Congress’s Benson Tongo Baba, popularly known as BT Baba, went away with victory in yesterday’s crucial by-election in the Talensi constituency of the Upper East Region beating seven other contestants, including New Patriotic Party’s Wuni Thomas Pearson Buanab.

THE NPP AND SUBTERFUGE AT TALENSI

They commit crime, Run to the press and cry as victims. Citifm, Starrfm, Etc assist them.

2 AMANFROM ROBBERS GRABBED

Two suspected armed robbers who allegedly rapes three women in the presence of their husbands at Galilea, a suburb of Amanfrom in the Ga South Municipality after the Kasoa Toll booth have been arrested by the police.

MAHAMA’S FAITH IN GOD TRIUMPHS OVER AKUFO-ADDO’S FAITH IN SHRINES

As NDC reclaimed Talensi seat

SC ORDERS DNA TEST OF BOY, 10

The Supreme Court has ordered the mother of a 10-year-old boy to send the child for a DNA test. The move was to assist the apex court to ascertain the paternity of the boy, whose fatherhood had been embroiled in litigation.

DUMSOR WORSENS AS FPSO SHUTDOWN RENDERS 2 VRA PLANTS USELESS

The shutdown of Tullow’s compressor at the Floating, Pro-Offloading vessel (FPSO) Kwame Nkrumah has forced a complete shutdown of the FPSO, worsening the rolling power cuts, popularly called dumsor.

MDU GOES INTERNATIONAL TO STOP LONHRO PORT

The Maritime Dockworkers’ Union (MDU) is seeking international support in its continued opposition of government’s decision to grant an exclusive right to a private entity to develop and operate the Atuabo Port.

CEDI, ‘DUMSOR’ AFFECTING PHARMACEUTICAL INDUSTRIES

The instability of the Ghana cedi against foreign currencies like the dollar has, indeed, affected the cost of doing business in the country, especially the manufacturing industry.

FISCAL CONSOLIDATION ON COURSE – TERKPER

The government is on course with its fiscal consolidation policy aimed at reducing excessive borrowing, raking in more funds and managing its expenditures more prudently, the Minister of Finance, Mr Seth Terkper, has said.

NDUOM BLASTS NDC OVER TALENSI VIOLENCE

The Founder of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom has condemned the ruling National Democratic Congress (NDC) for engaging in what he described as “politics of stealing, bribery, and violence” ahead of Tuesday’s by-election in Talensi.

ARMED ROBBERS KILL ISLAMIC ‘MUEZZIN’ FOR CARRYING HOLY QURAN AND RADIO SET

Residents of Alabar in Kumasi are shattered by the gruesome murder of a man who calls Muslims to prayer in the community after suspected armed robbers gunned him down close by a Mosque.

LRC EDUCATES WOMEN, CHILDREN ON RIGHTS

The Legal Resource Centre (LRC) and the Women and Minor’s Rights Committee of the Ghana Bar Association have sensitized women and children on their basic human rights in efforts to help them access legal assistance on issues affecting them.

STOP PAYING LIP SERVICE TO SCIENCE AND TECHNOLOGY’

Ministers, parliamentarians and all stakeholders in Science, Technology and Innovation (STI) have been urged to stop paying lip service to the promotion of STIs and let their priorities be reflected in the financial commitments they make.

HON ALEX SEGBEFIA, REV. FRED DEEGBE AND MRS YAWA HANSEN-QUAO SET TO TRANSFORM MINDS FOR GLOBAL IMPACT

This will be during a workshop organized by A-C Kobak Multimedia for tertiary students and graduates come this Friday and Saturday, 10th and 11th July, 2015.

PARLIAMENT SUMMONS COLLINS DAUDA OVER LOAN FACILITY

The Speaker of Parliament, Mr Edward Doe Adjaho, has summoned the Minister of Water Resources, Works and Housing, Mr Collins Dauda, to appear before the House within one week to state how a 42 million euro Netherlands facility for the construction of storm drains in Accra was utilised.

FDA CAUTIONS PUBLIC ON FAKE VEMOX TABLETS

The Food and Drugs Authority (FDA) on Monday cautioned the public about the distribution and sale of fake/counterfeit Vermox tablets on the Ghanaian market

FIRE DESTROYS PROPERTY OF COUPLE AT ODA

Fire has gutted the two-bedroom house of a married couple at Community Six, a suburb of Akyem Oda, destroying all their household property.

MAN TO DIE BY HANGING FOR KILLING GIRLFRIEND

A 59-year-old man who, out of jealousy, murdered his girlfriend at Atwima Techiman was yesterday sentenced to death by hanging by a Kumasi High Court.

BUSINESS HEADLINES

CEDI AT 50 YET SINKING

As Ghanaian business owners lament over the fast pace of the depreciating cedi, the currency is set to hit its jubilee year later this month to mark its inception as a replacement to the British pound which occurred on July 19, 1965 at a rate of 2.4 cedis to a pound; or one pesewa to a penny.

MORE CHILDREN JOIN WASTE COLLECTION BUSINESS

The economic hardship in the country has resulted in parents who engage in the business of collecting ‘used pure water sachet’ to recruit their school going wards into the enterprise.

GAS SUPPLY TO JUBILEE HALTED

Tullow Ghana has announced that following an unplanned shutdown on the FPSO Kwame Nkrumah, gas exports to the Ghana Gas onshore processing plant have been temporarily halted.

BOG TAKES STEPS TO PROTECT DEPOSITIONS

The Bank of Ghana (BoG) has justified its decision to quadruple the minimum capital requirement of microfinance institutions and rural banks as one that will protect depositors’ funds and encourage consolidation among smaller players.

TELCOS GIVEN 6-MONTH ULTIMATUM

A new set of guidelines from the Central bank has given telecommunication companies engaged in the mobile money service up to six months to establish a separate business entity to handle their electronic money services.

KAN-DAPAAH CALLS FOR PROTECTION OF PUBLIC PURSE

A Former Minister of State, Mr Albert Kan-Dapaah, has said the greatest governance challenge facing the country has to do with protecting the national purse.

CEDI ON RECOVERY PATH

The local currency, the cedi, has begun a gradual rebound on the back of news from the Bank of Ghana (BoG) that it was raising its dollar sales in the interbank market from a weekly supply of US$14 million to a daily supply of US$20 million in a bid to bolster the currency.

GOV’T SCRATCHES HEAD OVER FERTILIZER SUBSIDY SAGA

Government’s fertilizer subsidy programme risks total collapse following admission by the Food and Agric Ministry of lack of funds to pay dealers in time for supplies to be made to farmers during the crop planting season.

GCX TO LIMIT RISKS IN AGRIC SECTOR

Chairman of the Project Steering Committee of the recently launched Ghana Commodity Exchange (GCX), Joe Tackie, has called on financial institutions to get more engaged — particularly in the settlements aspect of the GCX — to enable them understand the platform better so as to provide much-needed financial assistance to smallholder farmers.

UNILEVER BOSS HOPEFUL OF ECONOMIC REBOUND

The Managing Director of Unilever Ghana, Ms Maidie Arkutu, has expressed confidence in the long term viability of the Ghanaian economy in spite of the present challenges.

AGING FARMER POPULATION WORRYING

Agriculture activist, Alberta Nana Yaa Akosa has described as worrying the country’s aging farmer population — which she said threatens sustainability of food production.

PARLIAMENT URGES INCREASED AGRIC SECTOR SUPPORT

Parliament on Tuesday bemoaned the inadequacy of investment in the country’s agricultural sector, fearing the development could lead to food insecurity in Ghana.

STCCI CHARGED TO ENGINEER DEV’T IN W/R

Dr. Anthony Aubynn, the Chief Executive Officer, Minerals Commission, has identified chieftaincy as one of the bane militating against the development of the Western Region.

CIMG HOLDS FINANCE TRAINING FOR MARKETERS

The Chartered Institute of Marketing, Ghana has held a Professional Marketing Development programme to edify personnel on the profession on how to make effective utilization of financial statements in marketing.

MERIDIAN MARSHALLS LISTS ON GSE

Meridian Marshalls Holdings (MMH) Company, an educational institution, has made its debut on the Ghana Stock Exchange (GSE), with a total amount of Gh¢ 1.42 million from its Initial Public Offer (IPO).

NEW ERA CREDIT UNION POSTS PROFITS

A Kpando-based New Era Cooperative Credit Union has post an increased investment portfolio of GH¢ 241,971 from a previous total of GH¢ 94.842.99 representing a leap of 155 per cent for year ending June 30, 2014.

GAS SUPPLY TO ATUABO PROCESSING PLANT SUSPENDED

Supply of gas from the jubilee field to the Atuabo Gas Processing Plant has been suspended.

INTERNATIONAL HEADLINES

25 DEAD IN SUSPECTED SUICIDE ATTACK IN ZARIA, NORTHERN NIGERIA

At least 25 people were killed on Tuesday when a bomb blast ripped through a government office in northern Nigeria in a suspected suicide attack likely to be blamed on the Boko Haram Islamist group.

TRIPOLI PARLIAMENT REJECTS LIBYA PEACE PLAN, WANTS MORE TALKS

The parliament in Tripoli rejected Tuesday a UN proposal to resolve Libya’s political crisis but said it wanted to press on with talks toward reaching an accord with its rival in the east of the country.

GREECE GIVEN UNTIL SUNDAY TO SETTLE DEBT CRISIS OR FACE DISASTER

European leaders gave the Athens government until Sunday to reach an agreement to save its battered economy from a meltdown.

10 YEAR’S AFTER LONDON BOMBINGS,
WARNINGS OF A GREATER THREAT

As the country mourned the 52 civilians who were killed, government officials warned that the peril of terrorism had increased, though its nature has shifted.

POPE FRANCIS, IN ECUADOR, CALLS FOR MORE PROTECTION OF RAIN FOREST AND ITS PEOPLE

Francis declared that the country must resist exploiting natural riches for “short-term benefits,” an implicit rebuke of President Rafael Correa’s policies.

OBAMA HOSTS A TOP OFFICIAL FROM VIETNAM AT OVAL OFFICE

President Obama’s meeting with the Communist official, Nguyen Phu Trong, was timed to mark the 20th anniversary of normalized relations between the onetime war enemies.

THIEVES GRAB BOMB PARTS AT FRENCH MILITARY BASE

Officials said they were investigating how security measures at a base in Provence were defeated and whether there are problems at other bases.

FUNDS ARE FROZEN IN MALAYSIA AS PREMIER FACES ALLEGATIONS

Prime Minister Najib Razak is facing accusations that some money from the heavily indebted 1Malaysia Development Berhad has been routed to accounts controlled by him.

SCANT RELIEF FROM BEIJING FOR BRUISED INVESTORS

Government attempts at intervention again had only a temporary effect, as Monday’s rise in Shanghai shares gave way to a decline on Tuesday.

AFGHAN OFFICIALS AND TALIBAN MEET IN POSSIBLE STEP TOWARD PEACE TALKS

The Taliban has rejected face-to-face talks for years, and officials hope Tuesday’s meeting in Pakistan is a step toward peace negotiations.

SPORTS HEADLINES

GHANA TO FACE UK IN KICK BOXING

The Black Terminators, Ghana’s National Kick Boxing team will come face to face with their counterparts from the United Kingdom in October this year.

ERIKSSON TIGHT-LIPPED OVER ASAMOAH GYAN’S MOVE

The former England manager has declined to talk about the possible arrival of his major transfer target

HEARTS LEAGUE POSITION KEEPS ME INDOORS – FIAMENYO

The current position of Accra Hearts of Oak on the First Capital Plus League table has been the genesis of worry for many Phobians, including some of the players and Gilbert Fiamenyo is not an exception.

SWANSEA FANS VOTE FOR ANDRE AS BIGGEST-IMPACT SIGNING

The Ghana superstar moved to the Swans early in the transfer window, and great things are expected

RAMADAN MUBARAK

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