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Pro-forma invoice for 3.6m gov’t bus re-branding

Copy of the invoice The amount dissipated on re-branding the 116 government buses continues to generate controversy among Ghanaians.It was uncovered in Parliament that government had made provision of GHC3, 649,000 for the re-branding of the buses meant for intra-city transportation.The amount was reportedly drawn from the Petroleum funds for 2015.Per the arrangement with Smarttys […]

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Chelsea sacks Mourinho

Jose Mourinho has been sacked as Chelsea manager after a 2-1 defeat by Leicester compounded his side’s miserable start to the season.The Portuguese boss guided his side to the Premier League title in May, but Monday’s loss was their ninth of the campaign, leaving them in 16th place, just a point above the relegation places.Mourinho, […]

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Gh¢3.6m buses re-branding naked stealing – Minority

A line-up of the rebranded buses at the forecourt of the State House. The Minority Leader in Parliament Osei Kyei Mensah-Bonsu has said the Gh¢3.6 million spent on re-branding about 116 buses is naked thievery aimed at emptying the national coffers.The John Mahama-led administration has come under fire over the use of the Petroleum Fund […]

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Ghana referees not corrupt – Agbovi

Referee Agbovi and his assistants in a premier game FIFA referee William Agbovi has said Ghana Premier League referees are not corrupt as being perceived by a section of the media and the football fraternity.“People are always making allegations against Ghanaian referees for taking bribes but for me I have never seen a club official […]

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2013 utility tariff reduction caused dumsor – PURC

Public Affairs Director of the Public Regulatory and Utilities Commission Nana Yaa Jantua The Public Affairs Director of the Public Utilities and Regulatory Commission has attributed the current power crisis to the reduction in tariffs in 2013.Government in 2013 announced a reduction in electricity tariff by 25 percent after the PURC announced a 78.9 per […]

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Ghana still safe despite arms arrests – Woyongo

Interior minister Mark Woyongo Interior minister Mark Woyongo has assured that Ghana is still safe in spite of the recent arrests of arms in Kumasi in the Ashanti region.A large cache of arms belonging to a 72-year-old Burkinabe was arrested early this week. A couple more were impounded by the Police on Wednesday.Even though the […]

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Stop spending natural resource revenues on frivolous things – CeSIS warns Gov’t

  Seth Terpker, Finance minister Centre for Social Impact Studies (CeSIS) a research and advocacy organisation has warned government to refrain from spending natural resource revenues on items of expenditure that do not inure to the benefit of residents living in frontline communities. According to the 2015 Annual Report on the Petroleum Funds discussed in […]

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GCB investors sell off positions to realise gains

The Ghana Stock Exchange floor Ghana Commercial Bank Limited (GCB) shares traded flat yesterday following a block trade worth GHS 1.3 million in a bid to realise capital gains after a marginal rebound in GCB share price from October-open. Recording 18.2% decline in 2015 Quarter 3 (Q3) earnings though remaining second-place to Ecobank Ghana (EBG) […]

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Muntaka causes dramatic stir in Parliament

  The Floor of Parliament of Ghana The Member of Parliament (MP) for Asawase who doubles as the Majority Chief Whip, Alhaji Mohammed Mubarak Muntaka caused a dramatic stir on the floor of Parliament when he took a swipe at his government about its failure to adhere to laid down rules especially the use of […]

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Branding 116 buses cost ₵3.6m because artistic work is expensive – Minister

  Government sources have justified spending GH₵3.6million on re-branding 116 public buses with pictures of the president, explaining that artistic work is generally expensive. Public money has been used to put the picture of President John Mahama and those three other former presidents on the buses in what is seen as campaigning ahead of 2016 elections. […]