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Headline News July 10 2015
Posted by admin on 10th July 2015

NEWS HEADLINES
FRIDAY 10-7-2015

By Mr LARRY

AZORKA BAMBA BOYS TO BE DISBANDED; INVINCIBLE FORCES, BOLGA BULL DOGS WILL NOT BE SPARED

A security expert Emmanuel Sowatey, says it is time politicians stopped using vigilantes in political activities as there are repercussions that go beyond politics.

SIC UNDER AUCTIONEER’S GAVEL

Barring any last-minute intervention, the State Insurance Company (SIC) is set to lose its assets as a result of a Ȼ232 million debt it owes Ivory Finance Company Limited.

WORKERS PROTEST ‘WORSENING ECONOMIC SITUATION’

Scores of workers yesterday demonstrated in Tema against what they called the worsening economic situation in the country.

WHY ECONOMY IS STRUGGLING UNDER MY WATCH – MAHAMA

President John Dramani Mahama has opened up on the challenges facing the Ghanaian economy – a development that has compelled the country to sign up to a $940 million three-year credit facility with the International Monetary Fund (IMF).

NDC WON BY-ELECTION AROUND GOOD STRATEGY – KOFI ADAMS

The National Organiser of the National Democratic Congress (NDC), Mr Kofi Adams, has argued that the NDC won last Tuesday’s by-election because of a good strategy and massive development in Talensi in the Upper East Region.

ATAA ARYEE To Be FREED?

Reports reaching The aL-hAJJ indicate that imprisoned notorious armed robber, Nii Aryee Ayittey alias Ataa Ayi, could soon walk out of prison following his passionate plea to President John Mahama, and confirmation by prison authorities of his good conduct since his incarceration 10 years ago.

STAY CLEAR OF 51 UNACCREDITED INSTITUTIONS – NAB WARNS PUBLIC

Fifty-one tertiary institutions which offer admissions to students to study courses do not have accreditation to do so, the National Accreditation Board (NAB) has said.

BASIC EDUCATION PROGRAMME FOR 9000 OUT-OF-SCHOOL CHILDREN

Over 9,000 children in four districts in the Northern Region who were out of school have got the opportunity to be educated through the Complementary Basic Education (CBE) programme.

I CAN’T BE SACKED – WOYONGO

Embattled Interior Minister Mark Owen Woyongo has called the bluff of those calling for his comment on the recent bloody attacks during the Talensi by-election.

GOVERNMENT PAYS Ȼ200,000 COMPENSATION TO FRANCIS AGYARE

After 14 years behind bars without trial, Francis Agyare can now start a new life after claims awarded to him by the Human Rights Court against the state have finally been paid.

NO DENTIST IN UPPER EAST AND WEST REGIONS

Chief Dental Officer of the Ghana Health Service (GHS) Dr Constance Addo-Yobo has revealed that there are no dentists in the Upper East and Upper West Regions.

13,000 WORKERS LOSE JOBS OVER DUMSOR

About 2,000 members of the Industrial and Commercial Workers Union (ICU) Ghana, have expressed anger at what they describe as mismanagement of the country’s economy by government.

4 KILLED BIMBILLA OVER MEAT

Four persons are reported dead following a shooting incident in Bimbilla in the Northern Region.

Ȼ2.1BN CASH CHOPPED

Members of Parliament (MPs) from both sides of the House were yesterday overawed by the extent of misappropriation and malfeasance in most public institutions and public companies.

AZORKA, BAMBA BOYS TO BE DISBANDED; BOLGA BULLDOGS WILL NOT BE SPARED

A security expert, Mr Emmanuel Sowatey, says it is time politicians stopped using vigilantes in political activities, as there are repercussions that go beyond politics.

T.B. JOSHUA’S CHURCH REJECTS CORONER’S REPORT

Popular Nigerian evangelist TB Joshua’s Synagogue Church of All Nations has rejected a coroner’s report indicting it of criminal negligence in the collapse of its Lagos building.

TALENSI BY-ELECTION: PNC HAS NO CASE – NDC

First vice Chair of the National Democratic Congress (NDC), Ofosu Ampofo has the bluff decision by the People’s National Convention (PNC) to contest Tuesday’s Talensi by-election in court

PNC WILL WIN 10 SEATS IN THE NORTH IN 2016 – ATIK

Policy Analyst of the People’s National Convention (PNC) Atik Mohammed has predicted that his party will win ten parliamentary seats in the Northern Region in the 2016 general election.

WE KNEW NDC WILL WIN TALENSI SEAT – Nitiwul

Deputy Minority leader Dominic Nitiwul has revealed the opposition New Patriotic Party (NPP) knew the ruling National Democratic Congress (NDC) will win the Talensi by-election.

MISSING US$ 4M MYSTERY DEEPENS

The mystery behind the US$4 million made available to Ghana for the establishment of 110 diabetes clinics throughout the country appears to deepen by the day.

POLICE TO INVESTIGATE NDC, NPP

The police administration says it is unlawful for political parties and other groups to set up vigilante groups in the country. It has therefore warned that all such groups are going to be investigated.

BUSINESS HEADLINES

UNCERTAINTY CLOUDS SIC OPERATIONS AS JUDGEMENT DAY LOOMS SIC

Insurance Company Limited will have to wait until next week Thursday to find out if it can continue operations, as an Accra High Court (Commercial Division) has fixed July 16, 2015 to determine a case brought to it by the insurance company to stop Ivory Finance Company Limited from disposing off its assets.

TAMALE AIRPORT READY BY DECEMBER

The first phase of rehabilitation and expansion works to transform the Tamale Airport into an international one is expected to be completed by December, three months later than initially planned due to technical challenges.

EU ISSUES 322 RED FLAGS OVER SUBSTANDARD GOODS

The European Union (EU) has issued 322 alerts to Ghana of two months this year, creating a huge concern for policy makers as the EU bloc remains the country’s single biggest market for non-traditional exports.

ABOADZE THERMAL PLANT REVERTS TO CRUDE OIL USE

The Volta River Authority (VRA) has reverted to the use of light crude at its thermal plant at Aboadze in the Western Region.
It followed the disruption of gas supply from the Atuabo Gas Plant.

WORLD BANK SUPPORTS ECONOMY WITH $500m

The World Bank Group’s Board of Executive Directors yesterday approved US$150 million budget support for Ghana.

$300M SANTERRE GHANA POWER PROJECT BEGINS STRATEGIC PARTNER SELECTION

SANTERRE LIMITED, The international infrastructure development company, has began taking detailed expressions of interest from multinational companies interested in participating in development of the 200MW thermal power plant being developed at Miotso in the Ningo-Prampram district of the Greater Accra Region.

PRIVATISATION OF PORT OPERATIONS LEADING TO JOB LOSSES

The General Secretary of the Maritime and Dock Workers Union (MDU), Mr Daniel Owusu-Koranteng, has observed that the privatisation of the operations at the Tema Port has led to job losses.

GHANA EXPORT PROMOTION AUTHORITY TARGETS $2.6 BILLION IN 2015

The Ghana Export Promotion Authority (GEPA) is targeting $2.6 billion in the non-traditional export (NTEs) earnings for 2015

MASLOC PROVIDES SOFT LOANS TO MARKET WOMEN

The Microfinance and Small Loans Centre (MASLOC) has provided soft loans amounting to Gh¢1,902,000, to support a total of 1,902 market women in Accra whose goods were destroyed in the floods that hit Accra on June 3.

GHANA CEDI BOUNCES BACK

The Ghana cedi has begun showing strong strength against the major foreign currencies such as the United States Dollar, the Euro and the British Pound in the last 10 days in what is expected to restore some renewed confidence in the Ghanaian economy.

CUSTOMS DIVISION BRACES UP TO TAKEOVER COMPANIES

Mr Wallace Akondor, the Acting Commissioner Customs Division of the Ghana Revenue Authority has urged Customs Officers to brace themselves for the challenges and work as a team to achieve set goals

ACEP ACCUSES OMCs OF ENGAGING IN CARTELIZATION

The Africa Centre for Energy Policy, ACEP, is alleging Oil Marketing Companies are already engaging in cartelization under the fuel price liberalization regime.

COMPETITIVE BIDDING CRITICAL FOR LOWER TARIFFS

Former Chief Executive of the VRA, Dr. Charles Wereko Brobby is impressing on government, the need for competitive bidding among Independent Power Producers, IPP’s before signing power-generation agreements.

Barclays Bank considers proposals to list on GSE

Barclays Bank has indicated that it is now considering request to list on the Ghana Stock Exchange.

YARA TO TRAIN FARMERS IN FERTILISER APPLICATION

Yara Ghana Limited, a leading fertiliser distribution company in Ghana, is to provide and equip Ghanaian farmers with relevant training in the application of fertiliser and other best practices.

KOSMOS ENERGY APPOINTS FIRST GHANA COUNTRY MANAGER

Kosmos Energy Ghana HC, a wholly owned subsidiary of Kosmos Energy Ltd., announced today that Joe K. Mensah will join the company as its new country manager based in Accra on July 15, 2015.

COCA-COLA PUTS ON HOLD DISMISSAL OF WORKERS

Citi Business News has learnt that the Coca-Cola Bottling Company of Ghana has put on hold laying off of workers following the ongoing power crisis and the performance of the cedi against major foreign currencies.

INTERNATIONAL HEADLINES

US ‘HEARTBREAK, HORROR’ ON SOUTH SUDAN ANNIVERSARY

A top aide of President Barack Obama spoke of her heartbreak and horror at the plight of South Sudan, which marked four turbulent years of independence under the shadow of civil war.

GREECE SENDS REFORM PLAN TO EU PROMISING NEW TAX HIKES

The Greek government sent a package of reform proposals to its euro zone creditors on Thursday in a race to win new funds to avert bankruptcy and will seek a parliamentary vote on Friday to endorse immediate actions.

JAPAN INTERESTED IN JOINING NATO MISSILE CONSORTIUM : SOURCES

Japan is interested in joining a NATO missile building consortium that would give Tokyo its first taste of a multinational defence project, a move the U.S. Navy is encouraging because it could pave the way for Japan to lead similar partnerships in Asia, sources said.

RIGHTS GROUPS URGE U.S. TO RECONSIDER MALAYSIA HUMAN-TRAFFICKING RATING

Human rights groups and some U.S. lawmakers urged the U.S. government on Thursday to reconsider plans to upgrade Malaysia from the lowest tier on its list of worst human trafficking hubs, citing a lack of evidence that Malaysia had made advances against trafficking.

EYEING UK’s TOP JOB, CHANCELLOR OSBORNELAYS CLAIM TO POLITICAL CENTRE GROUND

Chancellor of the Exchequer George Osborne said on Thursday he was creating a new centre ground in the country’s politics with his plans to cut welfare and boost pay, burnishing his credentials to become the next prime minister.

AS DEADLINE LOOMS, KERRY SAYS U.S. IN NO RUSH TO GET IRAN DEAL

The United States and other major powers are not in a rush to reach a nuclear deal with Iran, U.S. Secretary of State John Kerry said on Thursday, suggesting an accord was unlikely hours ahead of a deadline set by the U.S. Congress for a quick review.

SYRIAN ARMY SAYS IT’S CLOSING IN ON ISLAMIC STATE IN PALMYRA

The Syrian army said on Thursday it was closing in on Islamic State militants in control of Palmyra, in a major offensive to recapture the city of Roman ruins from the jihadists.

BRITAIN WARNS AGAINST TRAVEL TO TUNISIA AS TOURISTS HEAD HOME

Britain’s Foreign Office (FCO) advised against all but essential travel to Tunisia on Thursday, telling Britons to leave the North African country and warning that further terrorist attacks were “highly likely” there.

CHINA STOCKS JUMP AGAIN AFTER BEIJING PUT FLOOR UNDER MARKET

Chinese stocks rose strongly for a second day on Friday, buoyed by a barrage of government support measures, but worries persist about the long-term impact that four weeks of stock market turmoil may have on the world’s second-largest economy.

U.N. SAYS YEMEN’S WARRING FACTIONS AGREE TO HUMANITARIAN TRUCE

Yemen’s warring factions confirmed their agreement on Thursday to a temporary humanitarian ceasefire set to begin on Friday night, United Nations envoy Ismail Ould Cheikh Ahmed said.

EU SETS JULY 20 DEADLINE TO REACH DEAL ON MIGRATION

The European Union failed on Thursday to reach a deal to resolve a migration crisis in the Mediterranean, and instead set a deadline of July 20 to reach an agreement on how to redistribute 40,000 asylum seekers currently in Italy and Greece.

SPORTS HEADLINES

GYAN FORCED TO RELINQUISH FAVOURITE NO.3 JERSEY

Ghana striker Asamoah Gyan will have to do away with his favourite no.3 jersey when he completes his move to Shanghai SIPG at least until the end of the season.
The Black Stars captain will be unveiled as the new signing for the ambitious Chinese club on Friday having passed a medical.

NYANTAKYI’S ADMINISTRATION BEST EVER – PAINTSIL

Ghana international full back, John Paintsil has described the Kwesi Nyantakyi-led administration of the Ghana Football Association as the best ever in the history of Ghana football.

FA CUP: KOTOKO TO BATTLE ADUANA STARS

Kumasi Asante Kotoko and Aduana Stars are set for the first semi-final game in the 2015 MTN FA Cup at the Sunyani Coronation Park on Friday.

SURFLINE GHANA’S FASTEST HUMAN LAUNCHED

The third edition of Ghana’s Fastest Human has been launched by the Minister of Youth and Sports, Dr. Mustapha Ahmed with Surfline as the major sponsor.

GAA TO APPOINT NEW SET OF TRAINERS FOR ALL AFRICA GAMES

An executive member of the Ghana Athletics Association Mark Dradozi has revealed to Starr Sports a new set of trainers will soon be appointed to supervise the national track and field team’s campaign at this year’s All Africa Games.

RAMADAN MUBARAK