NEWS HEADLINES(11/05/16)

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📰📰Today’s front pages
Date: 11-05-2016 

Finder
 
√WHERE ARE THE JOBS? UNEMPLOYMENT REACHES UNACCEPTABLE LEVELS

In a country where the underemployment rate is 33% and 69% of the working population are in vulnerable employment, in addition to a situation where the chances of a major economic turnaround is faint, the prospects of a decent job for the fast growing youth population look bleak.

√TERKPER, BAWUMIA AT ‘WAR’ OVER $250 EUROBOND DEAL

The impropriety or otherwise of a $250 million Eurobond cash that the Government of Ghana has lodged in a Ghana Infrastructure Investment Fund (GIIF) account at the United Bank of Africa (UBA) has become a source of raging debate between Finance Minister Seth Terkper and Dr Mahamudu Bawumia, running mate for the New Patriotic Party’s presidential candidate.

√4 PERSONS DROWN IN YEJI

Four persons have drowned in the Volta Lake at Yeji in the Pru District of the Brong Ahafo Region
 

B&FT

√INDUSTRY LAUDS ‘SEEMING STABILITY’…BUT CRIES OVER HIGH TARIFFS AND TAXES

The ‘seeming stability’ in the macro economic environment, the improvement in power supply and relative stability of the cedi are “commendable”, the Association of Ghana Industries (AGI) has said, asking government to nonetheless do something about the high cost of utilities and multiplicity of taxes.

√VEEP COURTS TRINIDADIAN INVESTORS

Vice President Paa Kwesi Amissah-Arthur says government will continue to ensure investor-friendly policies to attract investments from Trinidad and Tobago in the oil and gas sector.

Daily Guide

√SACK TERKPER BAWUMIA BARKS OVER DIVERTED $250M CASH

The New Patriotic Party (NPP) vice presidential candidate for the November general election is calling on the Finance Minister, Seth Terkper, to resign following his illegal diversion of $250 million into a private bank in flagrant breach of the law.

√SECOND JB KILLER GRABBED

The police have arrested a certain Vincent Bosso as a second person suspected to have played a role in the murder of Joseph Boakye Danquah-Adu, the New Patriotic Party (NPP) Member of Parliament (MP) for Abuakwa North Constituency in the Eastern Region.

Today
 
√IEA HOLDS PRESIDENTIAL DEBATE IN SEPT

Institute of Economic Affairs (IEA) has hinted that it will hold its presidential debate ahead of the November 7 polls in the middle of September this year.

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√SIM BOX FRAUD REVENUE EXAGGERATED

SIM box fraud which is a menace depriving the state and mobile network operators of revenues has been ongoing for some time.

√NDUOM INSPIRES YOUTH…IN WA

Celebrated Ghanaian entrepreneur, Dr. Papa Kwesi Nduom, has urged the youth in the country not to give up hope in whatever they are doing in spite of the numerous economic challenges facing the country.

Daily Graphic

√LIMITED VOTERS REGISTRATION…EC RULES OUT EXTENSION

The Electoral Commission (EC) says it will not extend the limited voters registration exercise as requested by some students and representatives of political parties. Rather, it said it would give eligible voters who could not register in the just-ended exercise the opportunity to do so in a continuous registration process.

√FAMILY O 3, ANOTHER DROWN IN VOLTA LAKE

Four persons lost their lives when a boat carrying at least 17 people capsized on the Volta Lake on Monday.