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News Headlines-August 30 2016!

TUESDAY 30TH AUGUST 2016

BY MR LARRY ®

GHANA TO EXPERIENCE PARTIAL ECLIPSE OF THE SUN ON SEPTEMBER 1

On Thursday, September 1, 2016 history will once again be made as Ghana experiences another partial eclipse of the sun from 6:13am to 9am.

REVERSE REMISSION FOR MONTIE TRIO – LAWYERS ASKS SUPREME COURT

A legal practitioner, Mr Alfred Tuah-Yeboah, has initiated a legal action seeking the intervention of the Supreme Court to reverse President John Mahama’s decision to remit the sentences of the Montie trio from four months to one month.

JUSTICE DERY THREATENS TO DRAG GJA TO COURT FOR CONTEMPT

A justice of the High Court, Mr Justice Paul Utter Dery, who is on suspension for alleged corruption, is contemplating filing a suit against the awards committee of the GJA for honouring the ace investigative journalist, Anas Aremeyaw Anas.

3 ARRESTED FOR ATTACK ON FOREX BUREAU

Three men who allegedly attacked a customer at a forex bureau at Nungua in Accra have been busted.

NDC WANTS ME DEAD! NANA REPLIES CANCER CLAIM

NPP Presidential Candidate Nana Addo Dankwa Akufo-Addo has reminded President John Mahama and his NDC that no amount of scurrilous attacks against him will distract him from pursuing his political goals for the country.

COP ROBBERS NAME POLICE ACCOMPLICE

The two police officers who were arrested in connection with the GCB Bank bullion van attack at Donkokrom, have disclosed that name of another police corporal who aided them to escape.

NDC CLAIMS OWNERSHIP OF ONE VILLAGE, ONE DAM PROJECT

The Minister of Food and Agriculture, Alhaji Mohammed Muniru, and the Campaign Coordinator of the governing NDC, Kofi Adams, have stated that the 1 village 1 dam project announced by Nana Akufo-Addo is the initiative of President John Mahama.

NDC SACKS EXECUTIVES IN NORTH TONGU

Reports reaching Today indicate that the governing National Democratic Congress has sacked a huge number of its supporters, including activists and branch executives in the North Tongu constituency in the Volta Region.

FIRE GUTS EC OFFICE

The Electoral Commission at Tepa in the Ahafo Ano North District of the Ashanti Region was on Monday gutted by fire.

WATER SHORTAGE LOOMS IN WESTERN REGION

Residents in Sekondi-Takoradi metropolis and its adjourning towns in the Western Region would have to brace themselves for a looming water crisis predicted by the Water Ministry to hit the region by close of December 2016.

I DON’T KNOW THE REASON FOR MPS’ RECALL – MINORITY LEADER

The Minority Leader in Parliament, Osei Kyei Mensah-Bonsu, has no idea why the Speaker of Parliament has summoned Members of Parliament back to the House from their recess, despite reports that it is due to the Minority’s call for investigations into the presidential Ford gift saga.

NANA ADDO’S DOCTOR MUST CLEAR THE AIR -DR EDWARD MAHAMA

The presidential nominee of the People’s National Convention (PNC), Dr Edward Mahama, has suggested that the personal physician of fellow flag bearer Nana Akufo-Addo should make an authoritative public statement to set the records straight concerning festering rumours that his boss has been diagnosed of cancer as reported by the Africa Watch Magazine.

AKIM ODA RESIDENTS RECEIVE EDUCATION ON PARTICIPATORY PLANNING CYCLE

The programme is under the Social Public Expenditure and Financial Accountability (SPEFA) financed by the government and the SNV Netherlands to reach out to the people in the rural areas and is aimed at helping them appreciate the challenges of local governance to eschew apathy.

WATER BODIES TO BE PROTECTED AGAINST POLLUTION BY ILLEGAL MINERS

The Water Resources Commission (WRC) has proposed the introduction of permanent security to guard some of the country’s water bodies to help curb their pollution by illegal miners.

39 REPATRIATED GHANAIANS TO FLY BACK TO SAUDI TODAY

About thirty nine female pilgrims are expected to fly back to the Kingdom of Saudi Arabia after they were repatriated by the authorities for flouting Hajj rules.

ONE VILLAGE, ONE DAM AN INSULT, IMPOSSIBLE – KWESI PRATT

Managing Editor of the Insight Newspaper, Kwesi Pratt Junior, has asserted that New Patriotic Party (NPP) flag bearer’s bearer “one village, one dam” campaign promise is an impossible endeavor and an insult to Ghanaians.

MINORITY LEADER BEING SPONSORED BY NDC – NPP MEMBER

A member of the opposition New Patriotic Party, Hayford Osei Bempah, has accused the Minority leader and Member of Parliament for the Suame Constituency, Osei Kyei-Mensah Bonsu, of working for the ruling National Democratic Congress.

GHANA HAJJ BOARD PETITIONS SAUDI ARABIA EMBASSY OVER GHANAIAN PILGRIMS REPATRIATION

Officials of the Ghana Hajj Board have petitioned the Saudi Arabia Embassy in Ghana to re-admit the 39 Ghanaian pilgrims repatriated for not meeting Saudi classification procedures.

NURSES ASSOCIATION HAULED TO CHRAJ FOR DEFAMATION

The Leadership of Nursing Trust Fund has dragged the Ghana Registered Nurses and Midwives Association to CHRAJ for allegedly defaming the organization

BUSINESS HEADLINES

5-YEAR BOND TO TAME CEDI PRESSURE

Government’s decision to re-open a five-year GH¢400 million domestic bond has bolstered expectations that the cedi will from this week see one of its strongest runs amid rising pressure on the local currency in recent times.

NEW AIRLINE TO FLY BY OCTOBER

The proposed new national airline is expected to take to the skies in October, after months of preparatory works and tying up of loose ends in respect of the defunct Ghana International Airlines, Transport Minister, Fiifi Kwetey has said.

UNDERCAPITALISED INSTITUTIONS TO LOSE OUT ON DEPOSIT PROTECTION SCHEME

Undercapitalized financial institutions, as well as institutions that breach regulatory and prudential norms, risk losing out on the Deposit Protection Scheme, the Bank of Ghana (BoG) has disclosed.

GH¢25.2 BILLION MORE LOAN PLANNED FROM AUGUST TO DECEMBER

Government plans to borrow an amount of GH¢25.2 billion for the remaining five months of 2016.

GOVERNMENT PERFORMANCE IN AGRIC SECTOR NOT ENCOURAGING – LECTURER

A senior lecturer at the Kwame Nkrumah University of Science and Technology (KNUST), Dr. Robert Aidoo has advised government to prioritize agriculture if the state wants the rate of unemployment to reduce drastically.

GN BANK OFFERS CHEAPEST MORTGAGE LOANS IN GHANA – BOG REPORT

Majority of home owners in Ghana over the years have had to grapple with the growing cost of interest charged by banks on home loans.

AVERAGE INTEREST ON CAR LOANS IN GHANA HIT 32%

A new report released by the Bank of Ghana (BoG) on Annual Percentage Rates (APR) and Average Interest(AI) paid on deposits by banks has reveled that the average interest rate for a car loan in Ghana is now at 32.4 percent.

NDUOM WINS BUSINESS PERSONALITY AWARD

The President of Groupe Nduom, Dr Papa Kwesi Nduom, was adjudged the 2015 Best Ghanaian Business Personality of the Year at the 4th Made in Ghana Product and Service Awards at the Banquet Hall of the State House in Accra.

ORIOS CAPITAL PLANS $1MLN STARTUP FUND

Orios Capital, an emerging patient capital firm established to co-invest into scalable and impact-based startups in Africa, has announced plans to raise more than one million dollars.

MINERALS COMMISSION LAUNCHES ONLINE PORTAL

The Minerals Commission has officially launched an online repository for public access aimed at enhancing transparency, effectiveness, accountability and compliance in the management of the country’s mineral rights.

ATUABO GAS TO SHUT DOWN FOR 10 DAYS

Ghana Gas Company Limited is to shut down the Atuabo gas processing plant for 10 days. The shut down to start from Wednesday, August 31 to help carry out some routine maintenance works on the facility in the Western Region.

INTERNATIONAL HEADLINES

SOME 6,500 MIGRANTS RESCUED OFF LIBYA: ITALIAN COASTGUARD

Around 6,500 migrants were rescued off the coast of Libya, the Italian coastguard said, in one of its busiest days of life-saving in recent years.

HILLARY CLINTON PILES UP RESEARCH IN BID TO NEEDLE DONALD TRUMP AT FIRST DEBATE

Mrs. Clinton’s team is gathering insights into Mr. Trump’s personality to pinpoint weaknesses, but he prefers a freewheeling approach to avoid sounding “scripted or phony.”

KNOWING THE RISKS, SOME SYRIAN REBELS SEEK A LIFT FROM TURKS’ INCURSION

The Turkish incursion into Syria has buoyed the groups under the banner of the Free Syrian Army, but those fighters are under no illusions that their new allies support their revolution.

LIGHTNING STRIKE KILLS MORE THAN 300 REINDEER IN NORWAY

“We have never seen anything like this,” said an official from the Norwegian Environment Agency, after an entire herd appeared to have been electrocuted.

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