Today's newspaper headlines: Monday June 13, 2016

Today's newspaper headlines: Monday June 13, 2016

This article brings you a summary of some of the top newspaper headlines in Ghana for Monday, June 13, 2016. Follow YEN.com.gh for details of the stories throughout the day.

Today's newspaper headlines: Monday June 13, 2016

ALAN ROBBED

The Daily Guide leads with a report on the robbery at gunpoint of Alan Kyerematen, a former minister for trade and Industry a former New Patriotic Party (NPP) flagbearer aspirant, at West Legon in Accra.

NO CHOP CHOP - NANA

It quotes Nana Addo Dankwa Akufo-Addo, the 2016 flagbearer of the New Patriotic Party (NPP), as saying that a government under him would fight the culture where people choose politics as a money-making venture.

KWAME ADINKRA STABS ATINKA FM

In its third big story, the newspaper report that Atinka FM's morning show host, Kwame Adinkra is going back to Kumasi to continue his radio career.

NDC ORGANISER DIES IN CRASH

It also reports the death of five persons, including the Amenfi Central deputy youth organiser of the National Democratic Congress (NDC) in the Western Region, Michael Asiedu, in a ghastly accident that occurred on the Manso Amenfi-Asankragwa road on Saturday.

Today's newspaper headlines: Monday June 13, 2016

EXTERNAL DEBT PAYMENTS TO HIT $2.5BN CEDI DEPRECIATION AND COMMODITIES PRICE FALL TO BLAME

The Finder leads with news that a 50% depreciation of the cedi against the US dollar since 2013, as well as the fall in commodity prices, has increased Ghana's projected external debt payments of both interest and principal from $900 million to $2.5 billion this year.

BANKS WILL COLLAPSE IF $600M BDCS DEBTS ARE NOT PAID - DR BAWUMIA

It quotes  Dr Mahamudu Bawumia as saying that the banking industry will be hit with a crisis if government fails to settle debts owed Bulk Oil Distribution Companies (BDCs) soon.

NDC WILL AVOID VIOLENCE - PRESIDENT MAHAMA

The newspapers quotes President John Dramani Mahama as saying that the National Democratic Congress (NDC) would not do anything that could mar the orderly and smooth political campaign for the 2016 presidential and parliamentary elections.

NO BRAZEN THEFT OF PUBLIC FUNDS IN MY GOVT - AKUFO-ADDO

In its fourth big story, the newspaper quotes Nana Akufo-Addo, as saying that the culture where people choose politics as a money-making venture will be fought and defeated under his administration as president of Ghana.

Today's newspaper headlines: Monday June 13, 2016

WHY A BOND DESPITE ENERGY LEVIES?

According to the B&FT in its lead story, the Energy Sector Levies Act, passed in December 2015, makes provision for an 'Energy Debt Recovery Levy', and for the Finance Ministry 'to open and maintain an account' into which payment of monies collected in respect of same are to be paid.

ETI TO INCREASE PROFITABILITY - TARGETS DISCIPLINED CAPITAL AND EXPENSE ALLOCATION

It reports that the Ecobank Transnational Incorporated (ETI) is seeking to increase its profitability by becoming exceptionally disciplined in the way it allocates capital and expenses.

VODAFONE RULES OUT 4G - CITES POOR 4G GADGET-PENETRATION AND MARKET DYNAMICS

Vodafone Ghana, the country's second-largest mobile telephony service provider, has ruled out entering the 4G LTE space in the near-future stating that its current financial position and market dynamics do not support that investment, the B&FT reports.

 

TIME FOR AGRIC INSURANCE - MINISTER

The newspaper also quotes the deputy minister of agriculture, Dr Ahmed Yakubu Alhassan, as saying that an institutionalised insurance agriculture scheme will go a long way to improve the agric sector and make it attractive to investors.

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