Front page stories of Monday,9th of December

Front page stories of Monday,9th of December 2013.

 

 

 

 

Daily Graphic

 

STOP BLAME GAME IN DISCUSSING ISSUES OF NATIONAL CONCERN – PROF LARTEY

 

The Vice President of Global Leadership Network (GLN), a non governmental organisation (NGO), Professor Samuel Lartey, has stressed the need for Ghanaians to eschew the growing blame game tendency in the national body politic.

 

LAND GUARDS KILL ONE PERSON AT AYIKAI DOBLO

 

A 27-year-old man, suspected to be a member of a group of land guards, who shot and killed a worker of Sally Properties has been arrested.

GOVT DIRECTS FLAGS TO FLY AT HALF MAST IN HONOUR OF MANDELA

The Vice President, Mr Kwesi Amissah-Arthur, has directed that all flags in the country should fly at half mast from now until Sunday, December 15, 2013 when Nelson Mandela will be laid to rest.

Business and Financial Times

 

GOV’T MUST SCRAP DICs – TAX EXPERTS

 

Tax experts have asked the government to stop with immediate effect the operations of the Destination Inspection Companies (DICs) at the country’s ports in order for the state to realise its projected tax revenue and also reduce perennial congestion at the ports.

 

USE NBFIS TO GROW ECONOMY – FCP BOSS

 

Non-Bank Financial Institutions (NBFIs) can become a “feed” to the country’s universal  banks if well supervised  and aided to grow, Mr John Kofi Mensah, the Chief Executive Officer (CEO) of First Capital Plus Bank Limited, has said.

 

PRUDENTIAL DEAL GINGERS UP LIFE INSURANCE MARKET

 

Prudential plc, the British multinational life insurance and asset management group, has acquired local insurance firm Express Life in its first foray into fast-growing life insurance industry in Africa.

 

Daily Guide

 

APRAKU STABS NANA

Former Campaign Manager of the New Patriotic Party (NPP) Presidential Candidate Nana Addo Dankwa Akufo-Addo, in the 2008 elections, Dr Kofi Konadu Apraku, virtually took the flagbearer to the cleaners at a party function in Kumasi, asking delegates to reject him.

 

 

 

DOCTOR ESCAPES DEATH

A Gynaecology Specialist at the Volta Regional Hospital, Dr Eric Yao Amakpa, last Friday night narrowly escaped death in an accident on the Ho-Accra road in which his VW Passat car somersaulted several times before landing upside-down in a nearby bush.

 

ODIKE SACKED

 

The Presidential Candidate of the United Front Party (UFP) Akwasi Addai aka Odike has been slapped with an indefinite suspension by the party’s National Executive Committee (NEC).

 

KUFUOR CLOCKS 75

 

Former President John Agyekum Kufuor turned 75 yesterday, spending the memorable occasion in Kumasi where he received well-wishers who thronged his house to share the moment with him.

 

The Finder

 

MERCHANT BANK ROT (1) SEVERAL MDs FALL OVER E&P LOAN

 

Somewhere in 2007 Ibrahim Mahama, representing his then nine-year-old company, Engineers & Planners, applied for and got a loan facility of a $43 million from a consortium of Ghanaian banks led by Merchant Bank Ghana.

 

The loan was unusual because for a loan of its size it was unsecured and, according to some inside sources, allegedly arranged without the approval of the bank’s Board. Well, Merchant Bank has never been the same since.

 

BACK PAY DELAY: GAF EXPLAINS

 

There is an uneasy calm among personnel of the Ghana Armed Forces (GAF) over the delay in the payment of back pay resulting from a 10% salary increment.

 

Economy Times

 

COCOA & GOLD PRICES DROPPED SIGNIFCANTLY

 

The earnings of Ghana’s two main commodities, gold and cocoa have declined significantly for the first eleven months of 2013.

 

GOV’T FOCUSES MORE ON PRO-POOR INITIATIVES

 

The government, as part of its Social Intervention Programmes for 2014 for the education sector, has been allocated an amount of GHC 101.5 million which will be spent on the completion of on-going education infrastructure, removal of schools under trees, Senior High Schools Quick Fix Projects and start-up for community day Senior High School projects.

 

BoG PEGS 2013 END YEAR INFLATION AT 13.1%

 

 

The Central bank is very optimistic that the 2013 end year inflation will settle at 13.1% although it is above the target band of 9.2% which as breached the 2013 target.

 

 

 

Business Week

 

GPHA EXTENDS DEADLINE

 

The Ghana Ports and Harbours Authority, GPHA, has extended the deadline for the submission of proposals from prospective investors for the Tema Port expansion project.

 

The New Statesman

 

MANDELA BECAME PRESIDENT AT 76 AND SERVED JUST ONE TERM FOR SOUTH AFRICA’S PROGRESS – NANA ADDO REMINDS AFRICAN LEADERS

 

 

“At the age of 76, he agreed to become the first black leader of democratic South Africa because the moment required his experience, his maturity, his wisdom, his tact, his patriotism, his popularity, his compassion, his conviction and his vision.

 

“He could have gone on to stand for re-election and win an overwhelming endorsement of the South Afrrican people in 1999.”

 

These are among the lessons Nana Addo Dankwa Akufo-Addo, the 2012 Presidential Candidate of the New Patriotic Party, wants leaders on the African continent to learn on the occasion of celebrating the life of the late Nelson Mandela, the first black President of South Africa.

 

MOODY’S DOWNGRADES GHANA’S ‘SICK’ ECONOMY – AFTER FITCH DID SAME

 

Moody’s Investor Service and Standard & Poor’s have both revised their respective rating outlooks on Ghana from Stable to Negative.

 

The Ghanaian Times

 

GII URGES ACTION AGAINST OFFICIALS BUYING FAVOURS

 

Mr Vitus Adaboo Azeem, Executive Director of the Ghana Integrity Initiative, as asked President John Mahama to sanction and prosecute Metropolitan, Municipal and District Chief Executives and all other public officials who use state resources to buy gifts for others for favours.

 

INSTILL MORAL VALUES IN STUDENTS – PV OBENG

 

The Senior Advisor to the President, Mr Paul Victor Obeng, has advocated the need for the country’s educational system to inculcate in students both academic and moral values to enable them to be well groomed to take up the mantle of leadership.

 

STEP UP EFFORTS TO PROTECT WOMEN

 

 

The First Lady, Mrs Lordina Mahama, has urged African leaders to increase efforts to prevent conflict and protect women against sexual violence in conflict areas on the continent.

 

TONY LITHUR TAKES ON AWUNIAn Accra Commercial Court will today, hear an application brought before it by Mr Tony Lithur, counsel for Fortiz Equity Fund, against the action taken by Andrew Awuni to revert the sale of Merchant Bank.