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10.02.2014 General News

Today's front pages

By Myjoyonline.com
Today's front pages
LISTEN FEB 10, 2014

RESCIND DECISION ON TOLLS - GOV'T URGES LEGON
The government has asked the University of Ghana to rescind its decision to impose tolls on motorists who use the university  campus roads.

CRUNCH CABINET MEETING ON FOREX TODAY
Cabinet will today discuss the new foreign exchange (forex) regulations announced by the Bank of  Ghana last Wednesday.

PUBLIC, PRIVATE SCHOOLS CHARGE FEES IN DOLLARS
Some public and private schools are still charging fees in dollars, in contravention of Bank of Ghana (BoG) directives.

STOP CRITICISING GOVERNMENT - KUFUOR
Former President John Agyekum Kufuor has urged Ghanaians  to stop criticising the government and effectively use their  brainpower to assist in moving the nation forward.

WE'LL FIX VOLATILITIES - GOV'T DECLARES
The Ministry of Finance and Bank of Ghana (BoG) have vowed to fix volatilities plaguing the economy, and remain adamant that the new controls on foreign currency transactions are the right measures to shore-up the weak cedi.

BoG GETS BACKING FOR NEW MEASURES
New Bank of Ghana controls on foreign exchange transactions, which are intended to curb the rapid fall  of the cedi, are a step in the right direction, Stanbic Bank's Head of Global Markets Inusah Musah has said.

NIC GIVES DIRECTIVES ON EXTERNAL AUDITORS
The National Insurance Commission (NIC) has directed insurance companies to terminate the services of external auditors who have audited their accounts for the more than five consecutive years, in a bid to tighten financial reporting standards and also enhance public confidence in the industry.

RED ALERT! TB JOSHUA WARNS GHANA
Maverick Nigerian man of God, Temitope Balogun (TB) Joshua is predicting harsher economic conditions for Ghana and has asked for concerted prayers for the country.

NPP YOUTH ENDORSE FREDIE BLAY
New Patriotic Party (NPP) youth organisers in the Greater Accra Region last Friday trooped to Nima to pledge their support for Freddie Blay in his bid for the position of First Deputy Chairman of the party as it goes to the polls in April.

KUFUOR BUS CRUSHES MAIN IN HO
Residents of Ho in the Volta Region yesterday witnessed a bloody accident when a Metro Mass Transit (MMT) bus popularly called Kufuor Bus crushed a young man to death.

TRADING IN FOREIGN CURRENCIES: BLACK MARKET BOOMS
Less than a week after the Bank of Ghana (BoG) announced a plethora o new regulatory measures aimed at stemming the cedi's free fall by restricting the scope and volume of foreign exchange transactions, illegal black market for foreign currency trading has already begun to pick up in Accra.

DON'T EXPECT NEW CONTRACTS
The hope of road contractors to secure new contracts this year has been dashed as the freeze on award of new contracts will remain in force, at least till the end of this year.

I WILL RESCUE NPP FROM OPPOSITION - STEPHEN NTIM ASSURES PARTY DELEGATES

Former First National Vice Chairman of the New Patriotic Party, Stephen Ayensu Nitm, has challenged the party's delegates to put him to test by  giving him their mandate as the next National Chairman, and take him to task if he does not deliver victory for the party in the 2016 elections.

MAHAMOUD OFFERS SUPPORT FOR JOHN BOADU
Mohammed Mahamoud, former Upper East Regional Organiser of the New Patriotic Party, has withdrawn his candidature from the contest for the National Organiser of the party, and thrown his weight behind John Boadu, who is largely tipped to win the race.

MAHAMA GOVERNMENT BROKE
The New Statesman can confirm that the John Dramani Mahama-led National Democratic Congress government is indeed broke and has started withdrawing monies from the District Development Fund and proceeds from the Highly Indebted Poor Country Fund in order "to balance the books".

Economy Times
BoG PUSHES FOR RENEGOTIATIONS OF STABILITY AGREEMENTS

The central bank  has expressed the need for government to consider renegotiation existing stability agreements with companies engaged in the extractive industry in the country.

BANKS PREPARE TO ANNOUNCE NEW LENDING RATES
Universal banks in the country are preparing to review their base lending rates upwards in response to the Bank of Ghana Monetary Policy Committee's  decision to increase the policy rate by 200 basis points to 18 percents from 16 percent.

GOV'T TACKLES ECONOMIC VOLATILITY
The Minister of Finance and Economic Planning (MoFEP), Hon Seth Terkper says the time has come for the country to take bold decisions in tackling the volatility that exists n the economy before it gets out of hand.

Daily Heritage
POLICE COMMANDERS TURN BORROWERS
Information gathered by the Daily Heritage from the corridors of the Ghana Police Service reveals that for the past six months, the various regional commands that see to the day-to-day running of the administration across the country have not been provided with monies for fuel.

DOMESTICATION WILL SAVE FALLING CEDI - DR LARTEY
Leader of the Great Consolidated Popular Party (GCPP), Dr Henry Lartey has stated in strong terms that domestication is the best way to end the dollarisation  of Ghana's economy.

NTIM BOYS BLAST JAKE, SIR JOHN
Some youth activists of the opposition New Patriotic Party (NPP) are yet to come to terms with the inefficiency of the incumbent national executives, especially, the national chairman, Jake Obetsebi-Lamptey and the General Secretary, Kwadwo Owusu Afriyie and are challenging them to come out and tell the electorate the reason they want to be retained.

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