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INFLATION INCHES TO 10.0%

The year-on-year inflation rate for June 2018 was 10.0 percent compared to that of May 2018 which was 9.8 percent, a rise of 0.2 percenta...

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Thursday, 12 July 2018

INFLATION INCHES TO 10.0%

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The year-on-year inflation rate for June 2018 was 10.0 percent compared to that of May 2018 which was 9.8 percent, a rise of 0.2 percentage point.

Baah Wadieh, Acting Government Statistician, who made this known yesterday at a press conference in Accra, said the non-food group inflation rate, which increased by 0.3 percentage point from 10.9% in May 2018 to 11.2% in June 2018, was chiefly responsible for the rise in the overall rate of inflation.

Within this category, the main price driver for the rise in the rate of inflation in June 2018 was transport, which recorded a 5.2 percentage points rise from 10.3% in May 2018 to 15.5% in June 2018.

Also, in the transport sub-group, the main price drivers for the rise in the rate of inflation in June 2018 were intercity bus (ordinary), where the inflation rate rose from 0.1% in May 2018 to 10.0% in June 2018 due to the increased in transport fares by 10.0% in June 2018.

Another factor was urban bus (trotro) inflation rate, which rose from 0.0% in May 2018 to 10.0% in June 2018 due to the increased in transport fares by 10.0% in June 2018; and shared taxi fixed route, short distance inflation rate, which rose from -0.1% in May 2018 to 10.0% in June 2018 due to the increase in transport fares by 10.0% in June 2018.

The month-on-month inflation rate for June 2017 was 0.9% compared to 1.0% recorded in June 2018.


The food group inflation rate which fell from 7.6% in May 2018 to 7.3% in June 2018, on the other hand, had the following sub-groups recording higher percentage points fall in inflation rates for June 2018.
Food products fell by 1.5 percentage points from 9.3% in May 2018 to 7.7% in June 2018 while oils and fats fell by 1.5 percentage points from 8.0% in May 2018 to 6.5% in June 2018.

Mineral water, soft drinks, fruits and vegetable juices fell by 0.9 percentage point from 9.3% in May 2018 to 8.4% in June 2018 while coffee, tea and cocoa fell by 0.5 percentage point from 10.8% in May 2018 to 10.3% in June 2018.

Sugar, jam, honey, chocolate and confectionery fell by 0.5 percentage point from 6.5% in May 2018 to 6.0% in June 2018.

Meat and meat products fell by 0.4 percentage point from 9.1% in May 2018 to 8.7% in June 2018 as milk, cheese and eggs fell by 0.3 percentage point from 6.1% in May 2018 to 5.8% in June 2018.

While cereals and cereal products fell by 0.3 percentage point from 6.5% in May 2018 to 6.2% in June, fruits fell by 0.3 percentage point from 9.9% in May 2018 to 9.6% as fish and seafood fell by 0.2 percentage point from 7.0% in May 2018 to 6.8% in June.

Regional performance
Upper West Region recorded the highest regional combined inflation rate (11.9%). Education (27.2%), Transport (22.9%), Clothing and Footwear (16.1%). Miscellaneous Goods and Services (15.9%), Furnishings, Household Equipment and Routine Maintenance (13.3%) and Recreation and Culture ((12.1%) were responsible for the high inflation in the Upper West Region.


Upper West Region recorded the highest regional non-food inflation rate (14.8%) due to the rise in inflation for the following subgroups; Education, Transport, Clothing and Footwear and Miscellaneous Goods and Services.

Ashanti Region recorded the highest food inflation rate (8.1%) due to Vegetables (10.7%), Coffee, tea and cocoa (10.6%), Oils and fats (10.5%), Non-alcoholic beverages (9.6%), Mineral water, soft drinks, fruit and vegetable juices (9.1%) and Meat and meat products (8.5%).


By Samuel Boadi | dailyguideafrica.com

KWESI ARTHUR PERFORMS WOARA AT COMMUNITY 9 PENTECOST CHURCH

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Wednesday, 11 July 2018

FORMER APPLE ENGINEER CHARGED WITH STEALING SELF-DRIVING CAR TECHNOLOGY

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A federal court has charged a former Apple engineer with stealing trade secrets related to a self-driving car and attempting to flee to China.

A federal court has charged a former Apple engineer with stealing trade secrets related to a self-driving car and attempting to flee to China.


Agents in San Jose, California, arrested Xiaolang Zhang on Saturday, moments before he was to board his flight.
Zhang is said to have taken paternity leave in April, travelling to China just after the birth of a child.

When he returned, he informed his supervisors he was leaving Apple to join Xiaopeng Motors, a Chinese company in Guangzhou, which also plans to build self-driving cars.


But security cameras caught Zhang allegedly entering Apple's self-driving car lab and downloading blueprints and other information on a personal computer at the time he was supposed to be in China on paternity leave.

Neither the FBI nor Zhang's lawyers have commented.


-ghanaweb.com

Saturday, 30 June 2018

Family Amissah-Arthur contracts pastor to break his death his 92-year-old mum

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The mother of the late Vice President, Paa Kwesi Amissah-Arthur is yet informed about the death of her son.

According to reports, Amissah-Arthur's mother is a 92-year-old woman and the family fears something bad might happen to her if the news is disclosed to her.

The family, MyNewsGH reported, has thus decided to let Cape Coast-based Methodist pastor do the duty of informing the old woman.

The pastor is said to be someone who often prays and worships with the 92-yesr-old old and will be expected to deliver the information in a way that will not affect the woman's health.

It has become difficult to break the news to her owing to how close she was with her adult son, who rose to become Vice President in her lifetime.

Mr Amissah-Arthur, as earlier reported by YEN.com.gh, died at the 37 Military in the early hours of Friday, June 29.

He had been rushed to the hospital after collapsing at the Airforce gym while training.

The sixth vice president of Ghana's Fourth Republic, Amissah-Arthur served under John Mahama's administration.

He was 67 years old.


-ghanaweb.com

Thursday, 21 June 2018

J.B Danquah's murder: 'NDC has been vindicated' - Kofi Adams

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The National Organizer of the opposition National Democratic Congress (NDC), Mr. Kofi Adams has said the NDC has been vindicated of the murder of the late MP for Abuakwa North, J.B Danquah Adu.

The then NDC government was accused by a section of the public for the murder of the legislator in 2016, but on Wednesday June 20, 2018, Daniel Asiedu, one of the suspects standing trial for the murder of the late J.B. Danquah Adu, ‘confessed’ that he was contracted by some persons within the ruling New Patriotic Party (NPP) to kill the lawmaker.


He told the presiding judge, Arit Nsemoh, he would name his contractor and disclosed he was not given what he was promised before executing the plot.

Asiedu also said he has not heard anything from his clients apart from only one of them who visited him once after his arrest.

Reacting to the court revelation, Kofi Adams told host of the Morning Xpress, Neil Armstrong -Mortagbe, that a Kumasi-based pastor had revealed the MP was murdered for “rituals by the then opposition NPP for them to win power,” stressing that the suspect’s “confession” has vindicated the NDC.

“ I have no doubt that this guy is telling the truth…this confession brings to fall matters that many persons have been talking about on this murder,” he added.

Mr. Adams revealed that the NDC will soon come out officially on the matter after broader consultations.


He further cautioned the NPP “not to come up with stories” in quest to cover the substance of the revelations made in the court.

He said Ghanaians will not admit any news that the suspect “has died or is not normal.” He also pleaded with the prison authorities and the national security to give their greatest protection to the suspect.


-ghanaweb.com

Tuesday, 8 May 2018

COME AND LET’S ‘GRINGO’ AND STOP BLOCKING MY FANS – SHATTA WALE TEASES STONEBWOY

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Shatta Wale has poked fun at his eternal rival, Stonebwoy over his viral ‘Gringo‘ song, asking him to join him so they can boogie to it together.

The Shatta Movement boss made this disclosure in the wake of Stonebwoy’s stance on blocking followers of Shatta Wale who ‘hashtag’ the Gringo song on his social media page.

Shatta Wale took to his Facebook page to make the teasing remark. He wrote:

“Artiste that are blocking people becuz of the truth will end up blocking their career ..pls stop it and let’s #Gringo ????????????????????????????????

It’ll interest you to know that Shatta Wale’s ‘Gringo’ song has been trending right after its release till now despite the fact that majority of music lovers see no sense in the lyrical content of the banger.

See post below:



-ghanaweb.com

MAN, 25, STABBED WITH BROKEN BOTTLE OVER WOMAN

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The Suhum Municipal Police Command has arrested a 28-year-old unemployed man, Nana Addo Ofori popularly known as Abode3 for stabbing 25-year-old Farouk Umar with broken bottles in his abdomen and shoulder.

The victim is currently on admission at the Koforidua regional Hospital after he was referred from the Suhum government hospital where he was first rushed.

The incident is alleged to have been triggered by a feud over a lady.

Information gathered indicates that, the suspect and his friends were having fun at E- Pub, a popular joint located at Suhum T-junction around 12:30 am on Monday, May 7, 2018, while the victim was with some ladies.

The suspect alleged to be snatching ladies from their boyfriends with a charm called one of the ladies who was with the victim in an attempt to woo her but he was snubbed.

A situation which angered the suspect to spew vulgar words against the lady.

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May 8, 2018 The reaction of suspect infuriated the victim who also reacted harshly leading to a brawl in which the suspect broke a beer bottle to stab the victim in his abdomen and shoulder.

This created a chaotic scene and attracted other followers of the suspect mostly from his place of abode – Graiba Zongo – to fight for him while other residents massed up at the scene.

However, the suspect and his gang after spotting that they had been outnumbered by a mob jumped into an unregistered Toyota Camry and bolted.

The Suhum Police Patrol team which got wind of the incident pursued the suspects who abandoned their vehicle but the main suspect was arrested while the others managed to escape.

The Suhum Municipal Police Commander, Joseph Owusu told Starr News, the suspect is assisting police in investigation.


-ghanaweb,com

Thursday, 22 March 2018

RESURRECT YOUR CAREER AND STOP THE NONSENSE – SHOWBIZ CRITIC JABS CHASE

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Chase appears to have fallen on the dagger of many after promising to give $200 to any Ghanaian who can slap Counsellor George Cyril Lutterodt, abrantepa.com has observed.

First, it was radio presenter, Sammy Flex urging Counselor Lutterodt to cause the arrest of Chase and now, showbiz critic, Nana Turkson has descended heavily on the singer over the said comments.

Outspoken Counselor Lutterodt is on record to have jabbed Yvonne Nelson, describing her as an ashawo, following reports that the actress had given birth out of wedlock.

Over the weekend, Chase who is known to be Yvonne Nelson’s friend posted a video registering his utmost displeasure about Counselor Lutterodt and his utterances towards the actress as well as several other celebrities.

He threw a challenge, promising to reward whoever is able to slap Counselor Lutterodt with $200.

“This guy sits on TV and degrades a woman that’s carried a baby for 9-months and nobody says anything about it. It breaks my heart, so I have $200 for anyone that can slap Counsellor Lutterodt and send me a video,” he said.

His statement, according to Nana Turkson, is irresponsible, to say the least.

“Really, $200? And you’re sitting there like a kingpin giving orders because your best friend is Yvonne Nelson? Really? Sometimes when people get visa to America, they think that’s Heaven… You sit there and feel all pompous,” he said on ‘Showbiz Agenda’, Monday.


Nana Turkson

Nana Turkson stressed that violence is never the solution to issues, adding that the statement from Chase is pure balderdash.

“You think I like Counselor Lutterodt? We are friends. My wife likes him so much and it annoys me. I don’t like him. I think he is pompous but you have to give him his right. He has to spew all garbage he can. That’s his brand. If you don’t like what he is preaching, you can just tune off. You do not come and punch out violence. Can you imagine!

“He should concentrate on his music career and resurrect it because I haven’t heard any sensible song from him in the past. He should sit down, take a piece of paper and write songs… Then in the song, he can dedicate it to Yvonne Nelson that anyone who tags her and calls her an ‘ashawo’, you could press charges for defamatory. Other than that, Chase, please wear that your nonsense hat and give us an ‘f’ break,” Nana Turkson fumed.


-ghanaweb
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