Thursday, 21 July 2016

Today’s front pages: Thursday July 21, 2016

         BUSSINESS FINDER

ECONOMY IN CRISIS: BORROWING SPREE MUST STOP – CEPA

Economic and policy think tank, the Centre for Policy Analysis (CEPA) has warned that Ghana is in financial crisis and cannot continue the borrowing spree.

BIG DROP IN FOREIGN CURRENCY DEPOSITS

More Ghanaians and businesses could be keeping their foreign currencies particularly US dollars outside the banking sector, the latest Macroeconomic and Financial Data of the Bank of Ghana suggests.

     DAILY GUIDE

THEY WANT ME DEAD – NDC ‘MP’CRIES

Dr Anthony Osei Gyimah, the embattled National Democratic Congress (NDC) Parliamentary Candidate for Abuakwa North, who stepped down on Monday following pressure mounted on him by the party to pave for Emmanuel Victor Smith, Ghana’s High Commissioner to the United Kingdom, to contest the seat says he lives in fear.

SHS BROKE, FACES SHUTDOWN IN SEPTEMBER

Most secondary schools in the country are struggling for survival and may not be able to reopen for the next academic year, according to the Conference of Heads of Assisted Secondary Schools (CHASS).

   DAILY GRAPHIC

PREZ NEVER ERRED IN APPOINTNG JUSTICES OF SUPREME COURT, EC BOSS

The Supreme Court yesterday dismissed three suits challenging he methods adopted by the President in appointing justices of the Supreme Court and the Chairperson of the Electoral Commission (EC).

WORLD BANK APPROVES NEW PROCUREMENT FRAMEWORK

The World Bank Group has approved a new procurement framework for projects financed by the bank with effect from July this year.

2 FUGITIVES ARRESTED

Two of the suspects who escaped from the cells of the Abofour Police Station last Tuesday have been re-arrested.




BUSSINESS AND FINANCIAL TIMES

OPPORTUNE TIME FOR POLICY RATE FALL

Chief Economist at Standard Chartered Bank Africa, Razia Khan, has expressed optimism that the Monetary Policy Committee (MPC) of the Bank of Ghana will in its next meeting ease tightening of the monetary policy rate which it has recently maintained at 26 percent.

REVIEW COPYRIGHT LAW TO PROTECT BUSINESS

The Director of Research and Projects of the Ghana Employers Association (GEA), Mr Charles Asante-Bempong, says the urgent review of the country’s Copyright Law Act 690, 2005 will save and protect firms from collapsing as the current law does not provide severe punitive measures for individuals who steal  or copy others’ inventions or creations.

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