HEADLINES
Tuesday, 19-05-15
GHANA LOSES Ȼ36B ANNUALLY THROUGH FRAUDULENT ACTIVITIES OF IMPOSTERS
Ghana loses more than Ȼ36 billion in revenue as a result of fraudulent activities on the part of some imposters, officials of the Ghana Revenue Authority (GRA) and the Special Operations Unit (SOU) at the Presidency have said.
GUARD AGAINST ARROGANCE – PRESIDENT TELLS NEW APPOINTEES
President John Mahama has advised ministers of state and other government appointees to guard against arrogance and serve the people in humility and modesty.
BROADCASTER CHALLENGES PRESIDENT
A broadcast journalist, Richard Dela Sky, has filed a suit at the Supreme Court seeking interpretation as to who has the constitutional mandate to appoint the Chairman of the Electoral Commission (EC).
8 SAKAWA BOYS NABBED FOR MURDER
Eight persons suspected to be ‘sakawa’ (internet fraud) boys have been arrested by the Nsawam police for allegedly murdering a seven-year-old boy, Michael Kwaku Ofosu.
NPP WARNS EC AS SULLEY TAKES OVER
The New Patriotic Party (NPP) has cautioned against any attempts to bloat the country’s voter register.
PASTOR FREED OVER WIFE’S DEATH
An Accra Human Rights Court yesterday granted the bail application filed by lawyers for the United Kingdom-based Ghanaian pastor, Eric Isaiah Adusah, accused of killing his British wife.
TUC, AGI BLAST NPA
The Trades Union Congress (TUC) and the Association of Ghana Industries (AGI)have kicked against the increment in the prices of petroleum products announced by the National Petroleum Authority (NPA).
GOVERNMENT OWES NHIA Ȼ205M
The government owes the National Health Insurance Authority (NHIA) Ȼ205.12 million in arrears for 2014.
FARMERS, FISHERMEN BACK ADB IPO
Farmers and fishermen have hailed the decision of the Agricultural Development Bank (ADB) to list on the Ghana Stock Exchange (GSE) to raise the needed funds to recapitalize the bank to enable it effectively support the agricultural sector of the economy.
INVESTORS DOUBT ECONOMY’S RECOVERY
Due to lack of trust in the long-term recovery of the economy, foreign and domestic investors have dumped long term investment instruments for the short term ones, resulting in a consistent rise in the quantum of bids submitted during the auctioning of these securities at the Bank of Ghana (BoG)
GHANA TO ACCOUNT FOR EVERY DOLLAR – MCC
Managers of the Millennium Challenge Corporation (MCC) have vowed to ensure that every dollar released to Ghana to improve its power sector is strictly utilized according to terms of the compact.
EU CONSIDERS BAN ON PEANUTS IMPORTS OVER FEARS OF AFLATOXIN CONTAMINATION
Ghana faces a possible ban on ground nuts exported to the EU following high recorded incidence of aflatoxin contamination of the crop yields.
NO MORE HASSLE ON TRANSIT ROUTES
Truckers who ply their trade along the country’s transit corridors can now breathe a sigh of relief following an order from the police service restraining officers checkpoint along the routes from conducting checks from conducting checks on cargo trucks.
WAMI ECONOMIST ENDORSES BOG POLICY RATE HIKE
The senior economist of the West African Monetary Institute (WAMI), Dr Christian Ahortor, has endorsed the Bank of Ghana’s (BoG) decision to increase the Monetary Policy Rate by 100 basis points to 22 percent as it will put the economy in a good stead.