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Strengthen your revenue generation efforts, Terkpe urges MMDAs

Wa, Oct. 13, GNA – Mr Seth Terkpe, the Minister of Finance and Economic Planning, has called on Metropolitan, Municipal and District Assemblies (MMDAs) to improve on their revenue generation efforts.

“Overdependence on central government revenue transfer must not be tolerated, adding it is high time regional ministers as well as MMDAs weigh up crusade to revamp the efforts of government machinery in revenue generation at the local government level”.

Ghana News AgencyFri, Oct 14, 2016 Fri, Oct 14, 2016

Nigeria's president says wife 'belongs to my kitchen'

ABUJA, Nigeria (AP) — Nigeria's first lady has openly questioned her husband's work and said she may not support him if he runs again — comments that President Muhammadu Buhari laughed off, saying, "I don't know which party my wife belongs to, but she belongs to my kitchen and my living room and the other room."

His comments to reporters in Germany prompted German Chancellor Angela Merkel, standing at his side, to give him a short glare and then laugh.

Daily Mail.comFri, Oct 14, 2016 Fri, Oct 14, 2016

Jamie Moore on Tyson Fury, Anthony Joshua, Wladimir Klitschko, Tony Bellew and more

Jamie Moore gives his views on another busy week with Tyson Fury, Anthony Joshua and Wladimir Klitschko topping the list, while he also looks ahead to Tony Bellew's first defence and answers the weekly weird question...

Sky NewsFri, Oct 14, 2016 Fri, Oct 14, 2016

Bank of Ghana launches risk-sharing scheme to boost agricultural lending

Accra, Oct 14, GNA - The Bank of Ghana (BoG) with its stakeholders has launched a value chain financing model to help address challenges to agricultural credit.

Dubbed: ‘The Ghana Incentive Based Risk Sharing System for Agricultural Lending (GIRSAL)’, it aims to reduce the overall risks in agricultural financing to boost production, productivity and export.

This would increase foreign exchange earnings, support import substitution and promote economic growth and development.

Ghana News AgencyFri, Oct 14, 2016 Fri, Oct 14, 2016

Nigeria First Lady Aisha Buhari Says She May Not Vote for Husband

Whether it's Melania, Bill or Michelle, the other halves of America's bruising presidential campaign have regularly been called upon to defend their embattled partners.

Nigeria's president is probably wishing his wife had kept quiet.

In a candid interview with the BBC, Aisha Buhari revealed Friday that she may not back her husband, President Muhammadu Buhari, if he stands for reelection in 2019.

NBC NewsFri, Oct 14, 2016 Fri, Oct 14, 2016

Finance Minister presents 2017 1st quarter budget Thursday

he Minister of Finance, Seth Terkper, is expected to present to Parliament next week Thursday, an Advanced Budget; covering government spending for the first quarter of 2017.

The statement will detail the projected revenue and expenditure between January and March next year.

This practice is in accordance with what the Executive does almost every election year to avoid spending hiccups in case of a transition in government.

This is also in accordance with a 2017 budget preparation calendar by the Ministry of Finance.

Citi FMFri, Oct 14, 2016 Fri, Oct 14, 2016

2018 World Cup: Avram Grant desperate to have crocked Ghana stars back ahead of Egypt showdown

Ghana coach Avram Grant is anxious to have injured duo Jordan Ayew and Kwadwo Asamoah back to full fitness to revive their hopes of qualifying to the 2018 World Cup with a cracking game against Egypt looming large next month.

The former Chelsea manager is under mounting pressure to rewrite the script after his side laboured to a goalless drawn game against Uganda in their opening group E clash last Friday.

Ayew is scheduled to return to action at the end of the month with Asamoah's road to recovery seeming far away.

Ghana SoccerNetThu, Oct 13, 2016 Thu, Oct 13, 2016

Competition forced cement price drop in Ghana – Trade Ministry

The Minister of Trades and Industry, Ekow Spio-Garbrah has explained that prices of cement in the country have reduced appreciably due to moves by government to boost competition in the sector.

Spio-Garbrah has come under pressure from the Association of Cement Manufacturers of Ghana (CMAG) for approving the license of some foreign companies to import about 500,000 metric tonnes of cement into the country.

Citi FMThu, Oct 13, 2016 Thu, Oct 13, 2016

Anthony Joshua v Wladimir Klitschko is 'very close', says Eddie Hearn

A fight between IBF world heavyweight champion Anthony Joshua and Wladimir Klitschko is "very close", promoter Eddie Hearn says.

On Wednesday, Briton Tyson Fury - who had withdrawn from two scheduled rematches with Ukraine's Klitschko - relinquished his WBA and WBO belts.

That leaves Britain's Joshua and Klitschko free to fight for the WBA and IBF titles in a unification bout.

"It is the big favourite to be the next fight for both," Hearn said.

BBC SportsThu, Oct 13, 2016 Thu, Oct 13, 2016

Ghana: Bankers Debunk Claims of Possible Deposit Slowdown

Some banks have debunked claims of a possible slowdown in deposits from customers due to the upcoming general elections.

According to them, although they are threatened by the upcoming elections as businesses in the industry may slow down, they are hopeful of a good 4th quarter.

All AfricaWed, Oct 12, 2016 Wed, Oct 12, 2016

ECG privatisation: Court to hear injunction suit today

An Accra High Court will today [Wednesday] hear an interlocutory injunction case filed against the government on its plans to cede part of the operations of Electricity Company of Ghana (ECG) to a private company.

A group known as the Coalition against the concession of ECG, contends that the proposed plan by government is not in the best interest of the nation and must not be allowed to go through.

Citi FMWed, Oct 12, 2016 Wed, Oct 12, 2016

GHANA DISQUALIFIES EX-FIRST LADY, 12 OTHERS FROM RUNNING FOR PRESIDENT

Ghana’s electoral commission has disqualified 13 candidates, including a former first lady, from running in the West African country’s presidential elections in December.

Candidates were disqualified for multiple reasons, including suspected forged signatures and incomplete or incorrect submission forms, the country’s electoral commission said on Monday. The exclusions mean that just four candidates—including incumbent President John Mahama and main opposition party leader Nana Akufo-Addo—in the running for the presidency.

NewsweekWed, Oct 12, 2016 Wed, Oct 12, 2016

Ghana starts fuel exports to West African countries

Ghana has begun supplying gasoline and gas oil to the landlocked countries of Burkina Faso, Niger and Mali from the Bolgatanga Petroleum Depot.
The state-owned Bulk Oil Storage and Transportation Company (BOST) Limited is also supplying petroleum products from the depot to Benin and Nigeria.

The Minister of Petroleum, Mr Emmanuel Armah-Kofi Buah, who made this known at the meet-the-press series in Accra yesterday, said there were plans to extend the exports to Liberia in the coming months.

Graphic OnlineWed, Oct 5, 2016 Wed, Oct 5, 2016

WC: Govt'll ensure Stars qualify – Minister

The Government of Ghana is putting in more efforts to ensure that the Black Stars of Ghana make it to the World Cup in Russia and also win the 2017 Cup of Nations in Gabon, Minister of Youth and Sports Nii Lantey Vanderpuye has said.

Ghana will play Uganda on Friday October 7 at the Tamale Sports Stadium in a bid to qualify for a fourth straight World Cup. The team will feature in the Cup of Nations in Gabon in 2017.

Class FM OnlineWed, Oct 5, 2016 Wed, Oct 5, 2016

Stock market closes September on a positive trend

Accra, Oct. 4, GNA – The Ghana Stock Exchange (GES) closed the September with yields on treasury securities remaining virtually unchanged across the board.

Bids tendered for the 91 day bill rose from GH¢653.49 million to GH¢873.60 million with government accepting the entire amount at a weighted average interest rate of 22.87 per cent.

Demand for the 182-day bill rose as bids tendered increased from GH¢328.30 million to GH¢ 439.80 million with government accepting the entire amount at a weighted average interest rate of 24.69 per cent.

Ghana News AgencyWed, Oct 5, 2016 Wed, Oct 5, 2016

Nigeria puts two presidential jets up for sale in cost-cutting drive

Oct 4 Two of Nigeria's 10 presidential jets have been put up for sale as part of a drive to cut costs, a spokesman for President Muhammadu Buhari said on Tuesday.

Buhari, a 73-year-old former military ruler who took office last year, has vowed to crack down on corruption and mismanagement of public funds that has seen a rich elite benefit from the OPEC member's oil wealth while most Nigerians live on less than $2 per day.

ReutersWed, Oct 5, 2016 Wed, Oct 5, 2016

IMF warns of full-blown financial, economic crises in Ghana if...

The International Monetary Fund (IMF) is warning of a full-blown financial crisis for Ghana if aggressive measures are not taken to check government’s rising debts.

The Fund gave the warning in its staff report sent to its Executive Board requesting it pass Ghana’s performance under the third review of the program.

According to the IMF staff, their fears are based on some tight financing conditions facing government as a result of challenges with revenue mobilization, a development that could result in some overruns in the coming weeks, as the election season approaches.

myjoyonline.comWed, Oct 5, 2016 Wed, Oct 5, 2016

Ghana finds potential HIV cure

The Centre of Awareness has disclosed that it has found a potential cure for HIV/AIDS following ten years of research into plant medicines in Ghana.

According to the founder of the centre, Dr Samuel Ato Duncan, the drug named COA has been scientifically tested and seen to be efficacious and safe for the treatment of HIV/AIDS.

Dr Duncan disclosed this at a presentation on the drug at the Physicians and Surgeons auditorium in Accra on Wednesday, 5 October 2016.

Class FM OnlineWed, Oct 5, 2016 Wed, Oct 5, 2016

Ghana Cedi Falls as Government Wage Bill Exceeds Projections

Country exceeds annual allocation for local government workers

Overspending on wages to weigh on cedi, inflation: Databank

Ghana’s currency retreated on Monday after government data showed the West African nation is overshooting key budget targets as it approaches elections in December.

BloombergMon, Oct 3, 2016 Mon, Oct 3, 2016

Ghana-German relations solid - Ambassador

Ghana is the third largest trade partner for Germany, which is an active global partner. The German Ambassador Designate to Ghana, Mr Christoph Retzlaff, who disclosed this, said development cooperation was one of the most important areas of German-Ghana relations.

The Ambassador was speaking in an exclusive interview with the Daily Graphic prior to the celebration of the German Unity Day, which falls today. The day is being celebrated on the theme: "Building Bridges".

The Ambassador said the relations between the two countries were strong in various areas.

Graphic OnlineMon, Oct 3, 2016 Mon, Oct 3, 2016