Business and Financial Times
WOBBLY INFLATION DAMPENS HOPES OF POLICY RATE CUT AS MPC BEGINS METTING TODAY
Hopes that the central bank could cut its long held policy rate as its Monetary Policy Committee meets today have been blunted by a marginal rise in inflation for the past month, fueled by fears among traders that the cedi could take a hit in the run up to the December polls.
BUS RAPID TRANSIT TO COMMENCE OCTOBER
The long-in-the-works Bus Rapid Transport system, aimed at radically transforming public transportation in Accra, is set to commence operations next month, with a pilot beginning with one of four routes – Amasaman through Achimota, Circle and the Central Business District at Tudu.
WE ARE NOT BROKE – GOV’T FUMES
The Finance Ministry has said allegations that it is incapable of raising funds to pay public workers’ salaries are false after media publication accused government of emptying the accounts of Ministries, Department and Agencies to settle its wage obligations.
BLOOD FLOWS AS NDC GOONS ATTACK NPP IN BA
Blood thirsty suspected thugs of the NDC at Kukuom, the district capital of the Asunofo South in the Brong Ahafo Region, yesterday went on rampage, beating up NPP supporters at the District Electoral office.
POLICE STOP DKM DEMO
The Brong Ahafo Regional Police Command have filed for an order seeking an injunction to restrain the victims of DKM and other microfinance companies from going on demonstration on Saturday.
GCB BOARD CHAIRMAN ACCUSED
The rising tension at the GCB Bank, stemming from unsecured loans running into several millions of Ghana cedis, has been blamed on the Board Chairman of the bank, Daniel Owiredu.
HIV BABIES LOOMING AS PREGNANT WOMEN CAN’T HAVE ACCESS TO ANTI-RETROVIRAL DRUGS
Thousands of persons living with HIV/AIDS have been left stranded without access to Anti-Retroviral drugs due to the strike action by public pharmacists.
RESOLVE GHOSPA STRIKE NOW – CHAMBER OF PHARMACY
The Chamber of Pharmacy Ghana says a quick resolution of the full blown strike embarked upon by Government and Hospital Pharmacists (GHOPSA) is critical to save the lives of Ghanaians.
DON’T FRONT FOR FOREIGN COMPANIES – PETROLEUM COMMISSION WARNS LOCAL BUSINESSMEN
The Petroleum Commission has warned Ghanaian businessmen against fronting for foreign companies for them to engage in businesses meant for local companies.
MENTALLY CHALLENGED MAN BUTCHERS MOTHER
The Police at Tepa in the Ahafo-Ano-North District in the Ashanti Region have arrested a suspected murderer for butchering his mother to death.
LANDLORD DIES AFTER SEX WITH TENANT
A landlord was yesterday found dead in a female tenant’s room at Shalom estate near Adenta in the Greater Accra Region after the two had allegedly had sex, a police report has said.