MONDAY 14th DEC 2015
BY MR LARRY ®
VEEP EXPLAINS GOVERNMENT DECISION ON ALLOWANCE
Vice President Kwesi Amissah-Arthur has explained that government’s decision to replace the teacher trainee allowances with the student loans scheme for Colleges of Education was to increase access and improve quality.
EDWARD MAHAMA LEADS PNC AGAIN:
It was a repeat of their contest in 2012. Whereas in 2012, Mr Hassan Ayariga upstaged Dr Edward Mahama to run as the presidential candidate of the People’s National Convention (PNC) last Saturday, the 2012 presidential candidate was not a second-time lucky.
WOMAN, 2 CHILDREN KILLED BY VEHICLE AT TESHIE
A 75-year-old woman and her two grandchildren were killed by a hit-and-run driver at Teshie in Accra last Saturday night.
TEN GRANTED BAIL FOR INVOLVEMENT IN RECRUITMENT SCAM
Ten out of the 11 persons who were arrested for allegedly recruiting unsuspecting people under the pretext of enlisting them into the National Security network and other security agencies were put before the Accra Circuit Court yesterday.
AFRICA LOSES $148BN TO CORRUPTION YEARLY
African countries lose $148 billion to corruption every year, President of the African Development Bank, Akinwumi Adesina has said.
SHUT DOWN YEA, YES PROGRAMMES – FRANKLIN CUDJOE
President of policy think tank IMANI, Ghana, Franklin Cudjoe, has suggested government should consider scrapping social intervention programmes such as the Youth Employment Agency (YEA) and the Youth Enterprise Support programmes.
NPP CHANGES VENUE FOR SUNYANI CONFERENCE
The New Patriotic Party (NPP) has made changes regarding the venue for Saturday’s extraordinary delegates’ conference in Sunyani, Brong Ahafo Region.
The conference will see a wrap-up of the party’s 2015 activities, which have been very eventful.
GOVT DENIES ‘INFLATING’ ‘DUBIOUS’ AMERI CONTRACT
Ghana’s Power Ministry has denied a publication by a Norwegian newspaper that the Government of Ghana, represented by the Ministry “entered into an arrangement to secure a 250MW power plant with a company of dubious background” and that “the transaction amount of $510 million is inflated compared to other options.”
DON’T STOP POSTING TEACHERS – NAGRAT TO GOVT
The National Association of Graduate Teachers (NAGRAT) is kicking against a government policy not to absorb graduates from colleges of education.
This government policy will ensure teachers seek their own employment following their graduation from colleges of education, a move teacher unions are opposing.
FEAR GRIPS KUMASI OVER SEIZURE OF AK47S
Residents of Kumasi are living in fear following the interception of over 100 unlicensed guns by the Police in a special operation dubbed ‘Father Christmas’.
The police upon a tip off embarked on a swoop and retrieved the weapons at various locations in the suburb.
PNC DOESN’T DESERVE ME – AYARIGA
Defeated Presidential hopeful of the People’s National Convention (PNC), Hassan Ayariga, has shockingly announced his breakaway from the party after last Saturday’s congress.
SAMMY CRABBE PREDICTS DOOM FOR NPP
Sammy Crabbe, the suspended Second Vice Chairman of the New Patriotic Party (NPP), has predicted doom for the party in 2016, which he blames on recent suspensions in the party.
ANALYST: INCREASING TARIFF IS HEARTLESS
The Chief Executive of the African Institute of Energy and Sustainability (AIES), Dr Samiu Kwadwo Nuamah, has condemned authorities for increasing electricity and water tariffs in the midst of the current energy crisis.
NACOB TO CLAMP DOWN ON STUDENTS SELLING ‘WEE’ IN CLASSROOMS
The Brong-Ahafo Regional Deputy Director of the Narcotics Control Board (NACOB), Kofi Boateng, has expressed worry over the practice where drugs are being sold in classrooms of some basic schools in the Sunyani West District.
ELECTRICITY, WATER TARIFF INCREMENT TAKES EFFECT TODAY
Consumers of both electricity and water will from today pay more for the two utilities as the recent increment announced by the Public Utilities Regulatory Commission (PURC) takes effect today.
AMENFI WEST BY-ELECTION WILL SIGNAL PPP IS ALTERNATIVE TO NDC, NPP
Voters in Amenfi West Constituency of the Western region will tomorrow vote in a by-election to pick a Member of Parliament (MP) for the area.
COHABITATION IS NOT MARRIAGE – AGYA ABREFA
One of Ghana’s oldest and renowned Counselors, Agya Abrefa who is now Chief of Kwahu Brukuruwa and bears the stool name, Nana Osei Twum Brefa IV, has cautioned the youth to shun cohabitation which has become a common pre-marital trend.
WE HAVE NOT SOLICITED ANY FUNDS FROM GOV’T – YOUTH FOR MAHAMA
The Ashanti Regional leadership of “Youth for Mahama,” a pro-National Democratic Congress (NDC) youth group, has denied media reports that it was soliciting funds from the government to help organize a regional conference.
POWER OUTAGES CAUSE WATER SHORTAGE IN CAPE COAST
The Cape Coast Metropolis has been hit by water shortage due to the erratic power supply to the Brimsu Dam for more than a week.
GOV’T ALLOCATES GHC500 MILLION TO YEA
Minister of Employment and Labour Relations, Haruna Iddrisu, has said government has made a budgetary allocation of GHc500 million to the Youth Employment Agency (YEA) formally called GYEEDA for its work in 2016.
ADB SIGNS 17.7M EUROS LOAN FACILITY WITH AFD FOR RUBBER PROJECT
Agricultural Development Bank (ADB) has signed a concessionary loan agreement of 17.7 million euro with the Agence Francaise de Development (AFD) for the final phase of the rubber out-grower plantation project.
CSD LAUNCHES IMPROVED SECURITIES SETTLEMENT SYSTEM IN MARCH
The Central Securities Depository Limited (CSD) has successfully merged the two platforms that were used to settle transactions done in debt and equity onto a common platform.
IATA FORECASTS $36.3BN NET PROFIT FOR AIRLINES
The 2016 outlook released by the International Air Transport Association (IATA), forecasts, in general, a promising year for the industry, with an average net profit margin of 5.1% being generated with total net profits of $36.3 billion.
ANGLOGOLD, GOLD FIELDS SURGE AFTER RAND MELTDOWN
Gold Fields Ltd. and AngloGold Ashanti Ltd. are two of the mining firms that experienced a surge in prices after a meltdown by South Africa’s rand against the dollar – a consequence of President Jacob Zuma’s sacking of finance Minister Nhlanhla Nene.
ITALIAN PRIME MINISTER TO VISIT GHANA
The Italian Prime Minister, Mr Matteo Renzi, is scheduled to visit Ghana with a high-powered business delegation to explore trade and investment opportunities in the country in February 2016.
GN BANK’S SUCCESS DUE TO GROUNDED BEGINNING —CEO
Ghanaian owned multinational company, GN Bank, has attributed its success to the pragmatic measures put in place when the business was a savings and loans company.
ZUMA DROPS NEW FINANCE MINISTER AFTER MARKET BACKLASH
South African President Jacob Zuma fired his new finance minister Sunday just days after a shock change at the top of the key ministry sparked a market backlash, the presidency said.
US WARNS CITIZENS TO LEAVE BURUNDI AFTER FIGHTING FLARES
The United States on Sunday ordered non-emergency US government personnel and dependents to leave violence-torn Burundi and warned other Americans to get out “as soon as it is feasible to do so”.
MUGABE’S FRAILTY INTENSIFIES ZIMBABWE LEADERSHIP RACE
Zimbabwe’s ruling party at the weekend publicly endorsed 91-year-old President Robert Mugabe as its candidate for elections in 2018 — but his visible frailty means that backstage the focus was on his successor.
POWERS BACK UNITY GOVERNMENT IN LIBYA TO DETER ISLAMIC STATE
Global powers on Sunday backed the formation of a national unity government in Libya, pledging economic and security support to help stabilise the chaotic North African country where Islamic State militants have a foothold.
MERKEL WANTS TO ‘DRASTICALLY REDUCE’ REFUGEE ARRIVALS IN GERMANY
Chancellor Angela Merkel said on Sunday she wanted to “drastically decrease” the number of refugees coming to Germany, signalling a compromise to critics of her open-door policy from within her conservatives on the eve of a party congress.
AUSTRALIAN TEENAGER PLEADS GUILTY TO A ‘TERRORISM’ CHARGE
A Melbourne teen arrested after police found explosives at his home pleaded guilty on Monday to a terrorism-related charge, highlighting concerns about youth radicalisation following last week’s arrest of a 15-year-old Sydney boy in police raids.
FRENCH FAR-RIGHT FAILS TO WIN ANY REGIONS IN UPSET FOR LE PEN
Marine Le Pen’s far-right National Front did not win any region in French elections on Sunday, in a setback to her hopes of being a serious presidential contender in 2017.
AS CRUZ RISES IN U.S. PRESIDENTIAL POLLS, TRUMP CALLS HIM ‘MANIAC’
Republican presidential front-runner Donald Trump had a new target on Sunday, calling fellow White House contender Ted Cruz “a little bit of a maniac” as the U.S. senator passed him in an Iowa opinion poll.Cruz’s dogged pursuit of conservative Iowa voters has paid off in the form of a 10-percentage-point lead over Trump in the state, where the first presidential nominating contest will take place on Feb. 1.
GREECE EXPECTED TO PUSH THROUGH REMAINING REFORMS ON TUESDAY – EURO ZONE
Greece has accomplished more than half of the reforms agreed with euro zone creditors to get the next, 1 billion-euro (£722 million) tranche of bailout loans and is to legislate the remaining steps on Tuesday, a senior euro zone official said on Sunday.
TWITTER WARNS SOME USERS OF POSSIBLE STATE-SPONSORED CYBER ATTACK
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