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Citi News Daily: Friday, August 18, 2017

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PAC hearing: 40 EC vehicles auctioned without documents

It has emerged that the Electoral Commission (EC) in 2013 sold out 40 official vehicles at a little over GHc83, 000 to persons including staff without proper documentation. The vehicles which were predominantly 2007 model were disposed without a list, which made it difficult for the auditors to assess their fair value. This was made known when the officials of ...

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Capital, UT banks’ collapse: BoG unblocks accounts of key managers

The Bank of Ghana has begun unblocking accounts of key managers of UT Bank and Capital Bank following investigations into the activities of the two banks leading to their collapse. This is contrary to media reports that the central bank has frozen the accounts of top managers and Directors of the two banks as it looks into their operations. The ...

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Steve Bannon exits as Trump’s White House senior strategist

White House chief strategist Steve Bannon is the latest top aide of President Donald Trump to leave his post. Press Secretary Sarah Huckabee Sanders confirmed that Friday was his last day. His exit follows a review of his position by White House Chief of Staff John Kelly. Mr Bannon, a right-wing nationalist and former head of Breitbart.com, helped shape the ...

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Rwanda President Paul Kagame critical of foreign meddling

Rwanda’s President Paul Kagame has thanked the people for re-electing him for a third term and criticised attempts to interfere in the country’s politics. He was speaking soon after taking the oath of office at the Amahoro National Stadium in the capital, Kigali. The ceremony was attended by dozens of African leaders and dignitaries. Mr Kagame took 98.8% of the ...

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Can we hold directors of Capital, UT Bank responsible? [Article]

Without warning, the country has been thrown into deep discussions about the collapse of UT Bank and Capital Bank. We are told that quite a few other banks may join the wagon. UT Bank was listed on the Ghana Stock Exchange (GSE) until the crisis broke. GCB Bank, itself a listed company on the GSE, has with the approval of ...

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Chieftaincy dispute disrupting our lives – Oshieyie residents

Hundreds of residents of Oshieyie near Kokrobite in Greater Accra Region had to flee to neighbouring communities as tensions escalated over chieftaincy dispute in the town and claimed the life of one person. The deceased, Sampson Amarko Amarh, believed to be in his late 20s, was shot when violence erupted between two families, Nii Afadeanor  and Nii Aklashie families. The ...

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Insurers to Road Safety Commission: Halt proliferation of fake licenses

The Ghana Insurers Association (GIA) has advised the National Road Safety Commission (NRSC) to halt the proliferation of fake driving licenses and road worthy certificates circulating in the country. According to the President of the Ghana Insurers Association, Aretha Duku, the influx of fake driving license and road worthy certificates in the country is a worrying concern to its association. ...

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NCA to automate licence renewal Process

The National Communications Authority (NCA) says it will soon automate the license renewal process to ensure a smooth and fast process for internet service providers and media houses. The Authority stated that it has conducted a nationwide audit for Radio and Broadcast stations and is currently conducting an audit for the service providers. The Acting Chief Executive of the NCA, ...

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Ghanaian and Ethiopian duo, Blackbusters take over Asia

African music has seen a rebirth in the last decade that has opened it up on the world stage like never before. Exploring that growth even further is the China-based duo, Blackbusters comprising MC Rhymes-Apple and DJ St3v3. Rhymes-Apple originally hails from Ghana while DJ St3v3, also known as Estifanos comes from Ethiopia. Blackbusters first gained popularity in the middle ...

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