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Tuesday, August 25th, 2015

 

China cuts rates to boost economy

China has cut its main interest rate to boost growth in its economy. The People’s Bank of China cut its main interest rate by 0.25 percentage points to 4.6% after two days of stock market turmoil. It is the fifth interest rate cut since November and will take effect on Wednesday. The move has boosted European share prices further, with the FTSE 100 in London jumping 3.3% after the China move. In Germany, the Dax was up by 4.4% and in Paris, the Cac was ahead by 4.6%.On other EuropeanRead More


Kenya ordered to give teachers 50% pay rise

Kenya’s Supreme Court has said that the government should abide by a lower court’s decision to give teachers a pay rise of at least 50%. The teachers’ pay body had argued that it cannot afford the increase awarded by the industrial court. The dispute over teachers’ pay goes back 18 years, with a pay deal struck in 1997 only partially fulfilled. The government has not yet reacted and it is still not clear where the new money will come from. The BBC’s Abdinoor Maalim in the capital, Nairobi, says theRead More


Ghana and Mauritius waive visa requirements

Ghana and Mauritius have agreed to waive visa requirements to each others country. The agreement follows the signing of an accord on mutual visa waiver exemption in Port Louis on Monday as part of the itinerary of President John Mahama’s three-day state visit to that country. The accord allows all Ghanaians, including holders of ordinary Ghanaian passports to enter into Mauritius without any visa restrictions, with the same courtesies extended to Mauritius nationals coming to Ghana. Speaking at a ceremony after bilateral talks with Prime Minister Sir Anerood Jugnauth, President MahamaRead More


Press corps bus was rented

It has been confirmed that the Ford mini bus that crashed last week killing the Ghanaian Times Presidential Correspondent, Samuel Nuamah and leaving others fighting for their lives, was hired to convey the journalists. The press corps was returning to Accra from the Volta Regional capital, Ho, where President John Mahama had attended the annual convention of the EP Church, climaxing it with a donation of a vehicle to the church. A source at the presidency told DAILY GUIDE that he could not name the hiring company but was emphaticRead More


Dumsor, dumsor will end in 2019 – Nduom

Founder and leader of the Progressive Peoples’ Party (PPP), Dr Papa Kwesi Nduom has said Ghana’s energy crisis is likely to stay on for another four years. According to him, the short term goals such as the contracting of power barges from Turkey, the construction of a thermal power plant at Kpone, among others would do nothing but deepen the woes of Ghanaians. The one-time Energy Minister during the Kufuor administration said in an interview on Citi FM Tuesday morning that during his time at the Ministry of Energy, heRead More


170 Police contingent leaves for South Sudan on UN peacekeeping mission

One hundred and seventy police personnel selected from the Formed Police Unit (FPU) of the Ghana Police Service (GPS) have been deployed for United Nation’s (UN) peacekeeping mission in South Sudan. Among them are six officers, including doctors. They would in the main help to protect civilians, sheltering them from violent attacks and also ensure peace and security in South Sudan to help promote the development of that country. As part of the preparation for the mission, the personnel were taken through public order management, tactical progression and weapon handling.Read More


Nana Konadu calls for e-voting

A former First Lady and Leader of the National Democratic Party (NDP), Nana Konadu Agyeman Rawlings, has underscored the need for the country to gravitate towards the establishment of a national electronic data infrastructure which would make the introduction of electronic voting in Ghana easy. In line with that, she asserted that efforts must also be made to streamline the requirements for identifying a Ghanaian voter. Currently, under CI72 Public Elections (Registration of Voters) Regulation 2012, a person who applies for registration as a voter shall provide as evidence ofRead More


Biometric registration: 130,000 people registered in WR

About 130,000 persons have been registered by the NDC in its ongoing biometric registration exercise in the western region. Out of the number, 11,000 persons have been issued their biometric registration cards. “What is more relieving is the fact that there are 26 constituencies in the region, and when we asked the constituency chairmen to give a report of what they have done so far, nobody gave us a number less than 5,000 and so when you multiply the figure by the number of constituencies we have, we are gettingRead More


We have no regrets embarking on strike – GMA

According to Dr. Justice Yankson, Deputy General Secretary of the Ghana Medical Association (GMA), the union has no regrets embarking on a three-week long industrial action. Members of the Ghana Medical Association (GMA) were on strike to demand codification and improvement in their conditions of service. Talks between government and the striking doctors had stalled on several occasions. While the doctors said government was not negotiating with them in good faith, government also said it could not negotiate under duress. However, the National Executive Council of the GMA after consideringRead More


KNUST graduate joins terrorist group ISIS

Nazir Nortei Alema, a 25-year- old graduate of the Kwame Nkrumah University of Science and Technology (KNUST) has thrown his family into a health-threatening stress, as he joins the swelling ranks of the Islamic State in Iraq and Syria (ISIS), a terrorist organisation. With a degree in Geography and Rural Development, he is one of the 10 suspected Muslim youth from Ghana who have finally taken the decision to join the terrorist grouping, whose stock-in-trade is public beheading of their opponents or those they regard as infidels, attracting a worldwideRead More