Monthly Archives: August 2016

Government plans US$1 billion Eurobond sale next week

Government plans to sell Eurobonds of up to $1 billion by next week to fund the its 2016 budget and refinance debt repayments due next year, government sources told Reuters on Monday. Ghana is expected to launch the bond, its fifth since a 2007 debut, after meetings with investors in London and New York this week, three sources, including one ...

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Russian helicopter shot down in Syria

A Russian helicopter has been shot down by rebels in northern Syria, Russian military officials say. Defence officials say the Mi-8 transport aircraft had five people on board. Unconfirmed reports say at least four of them are now dead. The helicopter was returning from delivering humanitarian aid to the city of Aleppo, Russia’s Interfax news agency quoted officials as saying. ...

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I have not said anything about Montie FM saga – Rawlings

Former President of Ghana, Jerry John Rawlings, has dismissed claims making the round that he has criticised persons signing a petition to compel President Mahama to give reprieve to the Montie three. A statement signed by the former Ghanaian leader and copied Myjoyonline.com says such comments circulating on social media especially Facebook are “false and a total fabrication.” Mr. Rawlings ...

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Confusion rocks Tema Motorway expansion project

The redevelopment of the Accra-Tema motorway seems to be in limbo as key players and institutions involved are giving conflicting details as to how and when the project will be delivered, two years after a public announcement by President Mahama. Completed in 1965, the motorway was designed to be the main access route to the port city of Tema and ...

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Otumfuo Wants Better Prison Conditions

Asantehene, Otumfuo Osei Tutu II, has urged the Interior Ministry to provide the needed resources to the Ghana Prisons Service to enable them work effectively. He expressed worry over the poor conditions in the country’s prisons and called for urgent steps to address such concerns. The Asantehene made the remarks when the Interior Minister, Prosper Bani, paid a courtesy call ...

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Asamoah Gyan serves ‘Mugabe’ with defamatory suit

Incarcerated Montie FM host, Salifu Maase alias Mugabe is set for another round of legal wrangling after he was served a writ of summons in a defamatory suit filed by Black Stars skipper, Asamoah Gyan. Mugabe, a member of the infamous Montie FM trio was served with the summons on the day he was sentenced to a four month prison ...

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George Lamptey tips Bechem to clinch FA Cup crown

Liberty Professionals coach George Lamptey has tipped Bechem United to lift the 2016 Ghana MTN FA Cup. United secured a historic qualification into the finals after a 2-0 win over second-tier Wa Rocket on Sunday. And Liberty coach George Lamptey, whose side lost on penalties to Okwahu United, has backed the Premier League to clinch the title. “I tip Bechem ...

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Mahama considers Paul Adom-Otchere as running mate

The People’s National Convention is considering television presenter, Paul Adom-Otchere, as the vice presidential candidate of the party in this year’s December 7 presidential election. If successful, Mr Adom-Otchere who is the host of Good Evening Ghana on Metro TV, will partner Dr Edward Mahama who is making his fifth attempt at the country’s presidency. Party chairman, Bernard Mornah who ...

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Hungary to invest massively in Ghana

Hungary is exploring the renewal energy, water management, IT, waste management, agriculture and food processing sectors in Ghana, in order to build strong investment projects in the country. Mr Andra’s Seabo, Hungary Ambassador to Ghana, with additional responsibility over Cote d’Ivoire, Guinea and The Gambia, made this known to the Ghana News Agency in an interview in Accra on Sunday. ...

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Introduce ‘Female Artiste of the Year’ – Wiyaala Tells VGMA Board

Afro pop singer and songwriter, Wiyaala Noella is appealing to Charterhouse, organisers of the annual Ghana Music Awards to introduce ‘Female Artiste of the Year’ category. The eclectic performer in an interview on Pluzz FM, Monday said the category will serve as a motivation to female artistes to put in more efforts in their works. “I humbly appeal to Charterhouse ...

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