*NEWSPAPERS HEADLINES, AUGUST 23.*
*MAHAMA FREES MONTIE 3*
President John Mahama has freed the Montie trio who were jailed by the Supreme Court over contemptuous remarks they made during a radio programme on Montie FM, an Accra private radio station.
*COPS NABBED FOR CAR SNATCHING, TRAINING ROBBERS*
The Kaneshie Police have uncovered a car snatching syndicate in Accra, led by two policemen attached to the Accra Regional Special Weapons and Tactics Unit (SWAT).
*OPPOSITION DEMO ROCKS TAMALE*
The NPP in collaboration with the CPP, NDP, PPP, PNC and APC yesterday staged a peaceful demonstration in Tamale to register their anger about the state of penury in the country.
*OIL DISPUTE: GHANA READY FOR VICTORY*
CEO of the Petroleum Commission, Theophilus Ahwereng, is optimistic Ghana will secure a favourable ruling at the ongoing maritime boundary dispute at the ITLOS in The Hague.
*GOVT TO HALVE BUDGET DEFICIT*
Ghana is on target to halve its fiscal deficit this year after its $918 million aid deal the IMF, Finance Minster Seth Terkper has said.
*DEBT REFINANCING REMAINS PRIORITY – TERKPER*
Finance Minister, Seth Terkper, has said that debt refinancing remains a major priority for government, defending is decision to lower the cap on the Ghana Stabilisation Fund so the excess could be used to service debt.
*TELCOS INVITE MORE BANKS ABOARD MOBILE MONEY TRAIN*
Banks that are still not in partnership with the telecom companies involved in the business of mobile money risk losing out on opportunities to expand and attract new customers, Eli Hini, General Manager, Mobile Money at MTN Ghana has said.
*NEW LAW GRANTS FOREIGN INVESTORS TAX EXEMPTIONS*
Foreign investors will be exempted from paying taxes on gains they make from bonds issued by the government, the newly passed Income Tax Act, 2016 states.
*SHS: REVERT TO 4 YEARS – NATIONAL COUNCIL OF PARENT-TEACHER ASSOCIATION DEMANDS*
The National Council of Parent-Teacher Association has backed calls for the duration of the senior high school (SHS) education to be reversed to four years.
*PRESIDENT GRANTS REMISSION TO MONTIE TRIO*
President John Mahama has granted remission of the prison sentence imposed on three person otherwise known as Montie trio, for contempt of court.
*GOVT OWES ECG GH¢728 MILLION; REPAYMENT TO SPREAD OVER 5 YEARS – TERKPER*
The government has acknowledged owing the ECG a ‘legacy debt’ of GH¢728 million and plans to spread the payment over the next five years.
*BANKS FLEECE CUSTOMERS*
Banks are still paying paltry amounts as interests on customer deposits, in spite of earning handsome profits from high interest rates they levy on loans and advances.
*NIC HELPLESS S INSURERS REFUSES TO MERGE*
Apart from NEM Insurance and Regency Alliance, none of the 49 insurance companies in the country is willing to merge or be acquired by a counterpart company as a measure to meet a new capital requirement for insurance companies.
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*GOOD MORNING & HAVE A WONDERFUL DAY*