NEWS HEADLINES (16/05/16)

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Today’s front pages: Monday, May 16, 2016

 

GOV’T MADE BAD CHOICE…IDLE $250M COULD HAVE REPLACED OUTRAGEOUS AMERI DEAL

Finance Minister Seth Terkper’s description of the $250m Eurobond cash allocated to Ghana Infrastructure Investment Fund (GIIF), which has been lodged at United Bank for Africa (UBA) as idle funds, contradicts government’s position that lack of cash necessitated the outrageous Africa and Middle East Resources Investment (AMERI) power plant deal.

 

MENTION CORRUPT MINISTERS IN MY GOV’T – MAHAMA DARES GHANAIANS

The New Patriotic Party (NPP) says the glaring cases of naked, barefaced and blatant corruption that have characterised President John Dramani Mahama’s government have left many Ghanaians in deep shock.

 

MAHAMA’S GOV’T IS THE MOST TOLERANT OF RAMPANT CORRUPTION – NPP

President John Mahama has dared Ghanaians to be bold and mention names of Ministers they claim are corrupt in his government and stop the wholesale branding of his appointees as corrupt.

 

 

 

 

INTEREST RATES SPIKE CAUSES RISE IN BAD LOANS

Interest rates offered by commercial banks in the country have risen significantly since beginning of the year, reflecting an increase in the stock of non-performing loans on banks’ books, central bank data have shown.

 

FORMALISING THE INFORMAL ECONOMY

Although what constitutes formalisation of the informal economy is yet to be generally agreed in the country, the Ghana Employers Association and the Trades Union Congress have taken on the onerous challenge of leading the way.

 

TAKORADI PORT SAVOURS RISING VESSEL NUMBERS

For the third time since the oil discovery in Ghana, Takoradi Port has recorded more vessel calls than Tema Port, providing a rationale for the ongoing $357million expansion project there.

 

 

NINGO CHIEFS REJECT SAM GEORGE SHEEP

The troubles of the National Democratic Congress (NDC) parliamentary candidate for Ningo-Prampram Constituency in the Greater Accra Region, Samuel George Nartey, over his ‘unsavoury comment’ against the Acting President of the Ningo Traditional Council, Nene Karnor Atiapah III, are not yet over.

 

BNI CHASES NANA’S BOYS

Some heavyweights close to Nana Addo Dankwa Akufo-Addo, the presidential candidate of the New Patriotic Party (NPP), have been put under the radar, allegedly being trailed by officials from the National Security and the Bureau of National Investigations (BNI), sources within the security outfit have hinted DAILY GUIDE.

 

 

 

ALARM BLOWS…GHC73, 900 MISSING, FROM NPP’S FUNDRAISING ACCT

Investigations conducted by Today have uncovered that the New Patriotic Party (NPP) Fundraising Account at the Suame Branch of Stanbic Bank has seriously been compromised.

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GLO DRAGGED TO COURT

Nigerian telecom, Glo Ghana, has been dragged to court by one of its distributors, Chafal Communications Ventures, over an alleged pilfering of stocks of sim cards, rechargeable cards and modems, to the tune of GHC1.7million.

 

 

TAP WATER CONTAINS TOXINS – CSIR REPORT

A research conducted by the Water Research Institute (WRI) of the Council for Scientific and Industrial Research (CSIR) has established that Ghana’s water treatment systems are incapable of removing algae toxins.

 

GHANA’S BONDS RALLY – ATO FORSON

The international markets have reacted positively to the news that Ghana has passed the third review of its extended credit facility (ECF) programme with the International Monetary Fund (IMF.

 

GHANA IS MOVING IN RIGHT DIRECTION – PREZ

President John Dramani Mahama has stated that the country is moving in the right direction and that the government will stay focused to achieve what is best for the people.

 

 

MEANINGFUL LYRICS, NOT NOISE – HASSAN AYARIGA

Hassan Ayariga, the founder and leader of newly formed All People’s Congress (APC) is charging musicians of today to stop shouting and educate Ghanaians with good lyrics.

 
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