NEWS HEADLINES (09/06/16)

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📰📰Today’s front pages
Date: 09-06-2016 

Business Finder

 
√DEBT: GHANA HITS GHC117.3 BILLION – WILL GET TO GHC126BN BY DECEMBER

Ghana’s public debt stock now stands at GHc117.3 billion, Business Finder’s analysis of government’s borrowing in the last six months has revealed.

 
√ANOTHER SHORTFALL IN COCOA TARGET

Ghana bagged only 690, 000 metric tonnes of cocoa beans for the 2015/2016 crop season out of a target of 850, 000 metric tonnes.

 
√BOG MOVES TO STRENGTHEN CEDI

The Bank of Ghana (BoG) has initiated moves to bring more stability to the local currency with the introduction of some regulations.

 
√POWER: MINES SPEND $1BN IN 3 YRS

Within a space of three years, the mining industry in Ghana has spent a whopping $1.2billion in procuring electricity from the national grid for its operations, Business Finder’s checks have revealed.

 

Daily Guide

 
√VOTE NDC OUT! SACKED CARL WILSON POPS UP

A known National Democratic Congress (NDC) loyalist, whose name became synonymous with confiscation of vehicles under dubious circumstances during the reign of President John Evans Atta Mills, has challenged Ghanaians to vote massively against President John Mahama and his NDC government.

√MAYHEM IN COURT OVER $400, 000

There was pandemonium at the High Court complex in Accra yesterday when officials of the Narcotics Control Board (NACOB), in a Rambo style, arrested one Halidou Moro on suspicion of trading in drugs.

√NAMOALE SPEAKS ON ALLOTEY JACOBS

Member of Parliament (MP) for La Dade-Kotopon, Nii Amasa Namoale, has confirmed that the Central Regional Chairman of the ruling National Democratic Congress (NDC), Bernard Allotey Jacobs, was briefly held at Heathrow Airport in London, contrary to the man’s own denial.

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√GIRL, 2, DROWNS

Residents of Akrofruom in the Ashanti Region are in a state of shock following news that a two-year-old girl had drowned in a stream.

 

B&FT
 

√MAKING GHANA NET RICE EXPORTER 2020 LOOMS LARGE

Government has said it is poised to cut the rice import bill of about US$600 million and make the country net exporter by 2020, and there is no time to waste.

 
√POLICE OFFER HOPE TO INVESTORS – PLAYS DOWN TERRORISM AND ELECTION VIOLENCE

The Ghana Police Service has assured investors and the business community of conducting their business without fear of terrorism and post-election violence, as the service has put in place the necessary mechanisms to check these threats.

 
√GHANA-TURKEY TRADE VOLUME SOARS – TAB 2016 OPENS ON SEPT 30

Trade volume between Ghana and Turkey has increased over the past decade, following deepened bilateral ties between the two countries.

 
√BOG URGES SAVINGS AND LOANS TO CONSIDER MERGERS AND ACQUISITIONS

The Bank of Ghana has urged savings and loans companies to consider acquisition of and mergers with  microfinance institutions as a move to support the growth of these institutions.

👋🏾Peace 👋🏾

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