Author: Chris Kodo

  • Legendary Dan Owusu offers advise to Black Stars coach Otto Addo ahead of World Cup

    Legendary Ghana forward Dan Owusu has advised Black Stars coach Otto Addo to desist from late substitution ahead of the 2022 FIFA World Cup.

    Ghana, who are returning to the global showpiece after missing out in Russia 2018 engaged in two international friendlies against Brazil and Nicaragua during the break.

    The West African powerhouse lost 3-0 to Brazil and recovered to beat Nicaragua 1-0 on Tuesday in Spain through a strike from Abdul Fatawu Issahaku.

    In an interview with Koforidua-based Bryt FM, the three-time Ghana Premier League goal king winner expressed displeasure about late substitution of the Black Stars coach and has therefore called on Otto Addo to desist from it.

    “It’s too late to talk about replacing Otto Addo because we have limited time to the World Cup.  His timing for substitution is bad, so I will advise him to desist from it. Waiting to make substitutions few minutes to full time can be deadly. As a coach you need to know the time to make substitutions because it’s very essential” he said.

    Ghana has been paired in Group H against Portugal, Uruguay and South Korea at the World Cup.

  • Rabies: Let’s vaccinate dogs, keep them from straying

    Dog owners have been urged to vaccinate dogs against rabies and also keep them from straying.

    This would help to completely eradicate rabies in the country.

    Dr. Benjamin Kissi Sasu, Risk Communicator, Ghana Veterinary Service (GVS), said in an interview with the Ghana News Agency in commemoration of this year’s World Rabies Day.

    “Dogs are helpful in many ways. We cannot do without them. What we need to do as humans is to be responsible care takers of our animals.”

    He said as a dog owner or keeper of any other animals, one’s responsibility was to ensure that in addition to providing the animal with food and safe drinking water, it needed to be well sheltered, attended to medically and prevented from straying to prevent disease infection.

    Dr. Sasu said while rabies destroyed dogs and all other animals as well, it could also affect and destroy humans.

    He urged the public to be responsible towards the animals they kept, saying, “let us play our role to end rabies by 2030.”

    For this year, the Head of Epidemiology of the Veterinary Service Directorate, Dr Fenteng Danso, said 27 cases of rabies had been recorded in the country, with ten of them coming from the Kpone Katamanso Municipality, in the Greater Accra region.

    Rabies is a viral disease that is spread through infected saliva of an animal or human, coming into contact with an open wound of another animal or human, or the mucus membranes, such as the mouth or eyes.

    Rabies is transmitted through the bite of an infected animal.

    While dogs are mainly known as transmitters of rabies, horses, cats, cattle, bats and even humans are also potential carriers of the rabies virus.

    Rabies is fatal and equally preventable.

    Vaccinating animals against rabies, especially dogs and cats, and taking the complete anti rabies when bitten by any animal or human will prevent rabies completely.

    Animal scratches should also be treated as seriously as bites.

     Experts say, “once symptoms begin to show, a victim practically has no chance of survival.”

    The rabies virus attacks the brain and spinal cord and takes a victim through painful symptoms such as convulsions, breathing difficulties, typically coma and finally death.

    Source: GNA

  • Economist optimistic IMF bailout program will boost investor confidence

    Prof. Peter Quartey, the director of the Institute of Statistical, Social, and Economic Research at the University of Ghana, is hopeful that investor confidence in Ghana would increase as a result of the International Monetary Fund’s (IMF) desire to salvage the country’s economy.

    The International Monetary Fund (IMF) is conducting a thorough debt sustainability review with the Bank of Ghana and Ministry of Finance officials as part of a US$3 billion support program, the Ministry of Finance announced on Monday.

    According to the Ministry’s statement, the program aims to create a macro-fiscal path supported by significant structural changes and social protection that provides debt sustainability and macroeconomic stability.

    The IMF team is in Ghana until October 7 to continue discussions with the government on policies and reforms that could be supported by a lending arrangement.

    This round of engagements coincides with international ratings agency Fitch downgrading the country’s creditworthiness to further junk status, in addition to the already existing problem of inflation and cedi depreciation.

    This has heightened calls for the government to among other things, restructure its local currency debt stock as required by the IMF.

    News reports indicate that major local investors, including local banks and pension funds, are preparing to engage in discussion on the debt reorganization.

    Reacting to this development, the Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, Prof. Peter Quartey, is hopeful these steps being taken by the IMF to save Ghana’s dying economy will spice up investor confidence in the country.

    “The IMF has its own processes that it goes through to ensure that it comes in to rescue the situation. Some might take six to twelve months. We heard the IMF director say hopefully by December, all things being equal, we’d have the program so we’re hoping for that,” he noted.

    “Although given the situation that we find ourselves, we need an injection of foreign currency into the country. But the fact that the IMF is engaging Ghana and there is progress, I believe it’s gradually bringing in some confidence into the economy and I believe some investors, despite the Fitch downgrade, will still be looking at Ghana favourably in the coming months.”

  • Don’t just appoint a coach – Sam Johnson to Hearts of Oak after Samuel Boadu’s sacking

    Former Ghana international Sam Johnson has advised the hierarchy of Hearts of Oak to appoint a coach who has the capabilities to lead the club to greatness after Samuel Boadu’s sacking.

    The Phobians parted ways with Coach Samuel Boadu on Tuesday with the club stating it needed a new direction following a poor run of results.

    The Phobians have played three games and yet to record a win in the ongoing Ghana Premier League.

    Sam Johnson, who believes the departure of Samuel Boadu will not affect the club, has called on management not to just appoint a coach.

    “I don’t think so, when somebody was sacked, he came in and things went well. So, he can also go and somebody will come and things will go well but it’s two things, it can go well and it can go bad, that one you can’t take it away from football”.

    “You can bring somebody and it’s going to be worse but we all wish that it won’t happen this time.

    “The way he came and things went well, things can be well again because you are talking about Accra Hearts of Oak. That’s why they have to go in there and get somebody who is going to continue or change the way things are going now and then things will be ok. But they shouldn’t go in for just a coach because Samuel Boadu is gone and they need to bring a coach”.

    “They are supposed to plan long time ago before Samuel Boadu going out so they need to bring somebody who is ready to do the job.”, he added.

    Source: footballghana

  • Ghana Chamber of Shipping secures ICS associate membership

    To increase its influence in the nation’s maritime sector, the Ghana Chamber of Shipping (GCS) has obtained associate membership with the International Chamber of Shipping (ICS).

    With this accomplishment, GCS has joined an expanding group of ICS members based in West Africa, which already includes the Liberian Shipowners’ Council and the Nigerian Chamber of Shipping.

    As the industry continues to collaborate to find solutions to shared problems, including piracy, seafarer welfare and training, digitalization, automation, and decarbonization, the move, which adds the chamber as a third member in Africa, is anticipated to help strengthen relationships across the maritime sector.

    Welcome

    In a release issued in Accra yesterday, the Secretary-General of the ICS, Guy Platten, said: “I am delighted to welcome the GCS to ICS membership.”

    He said the shipping industry was facing challenges from how it could decarbonise the sector to making sure seafarers had equal access to training and support as the industry went through the green transition.

    “Now more than ever, we know the importance of collaboration to achieve our collective goals and tackle pressing issues facing our industry.

    “This membership will enhance our ability to work together, and along with the rest of the ICS secretariat, I look forward to working with the GCS, ” he said.

    The maritime community

    The President of GCS, Ben Owusu-Mensah, said the Ghanaian maritime community was pleased with the acceptance of the chamber into the fold of the ICS.

    He said there was no doubt that Ghana, a formidable maritime nation with strong maritime credentials, stood to benefit immensely from the repertoire of knowledge and information that the ICS shared with its members towards resolving the multifaceted maritime industry challenges.

    “Ghanaian maritime operators working through the GCS stand to benefit immensely from ICS’s rich expertise and best practices in handling technical, legal and trade policy issues that impact their shipping operations,” he said.

    Launched in 2018, the GCS champions and protects Ghana’s maritime industry, working with governments, parliaments and international organisations on behalf of its members.

    The chamber serves as a veritable platform for dialogue and collaboration among the various maritime stakeholders and articulates the views of the maritime actors towards reshaping policy for national development.

  • Orange Corners Ghana celebrates graduation of 45 entrepreneurs

    Through the Orange Corners Ghana Initiative, the Kingdom of the Netherlands collaborates with Ghanaian Corporate Partners to assist the growth of more than 120 youth-led businesses in Ghana and give them access to financing.

    On Wednesday, September 28, Orange Corners Ghana celebrated the completion of the six-month acceleration program for the 45 youth-led enterprises.
    At a formal ceremony held on the grounds of the Embassy of the Kingdom of the Netherlands in Accra, Orange Corners welcomed the entrepreneurs to the stage.

    The completion of the first phase, during which Orange Corners provided over 150 gifted innovators with expert training, coaching, and masterclasses as well as access to facilities, networks, and funding to expand their businesses, marks the end of the first phase.

    Hosting the 2022 graduating class and opening the ceremony, The Ambassador of The Kingdom of the Netherlands to Ghana, H.E. Jeroen Verheul, expressed his appreciation saying, “The Kingdom of the Netherlands promotes an ambitious aid, trade and investment policy aimed at finding win-win solutions globally. Innovation, entrepreneurship and youth employment are important pillars in the Netherland’s portfolio of Private Sector Development that aims in assisting in becoming a resilient economy in Ghana.

    “Orange Corners” is a Dutch flagship programme that focuses on those pillars. The Netherlands stand ready to assist young Ghanaian people in their entrepreneurial journey through the Orange Corners programme”.

    Orange Corners Ghana is an initiative of the Netherlands executed by MDF West Africa and in partnership with Fidelity Bank, People’s Pension Trust, Friesland Campina, Vivo Energy and Meridian Port Services (MPS). The importance of supporting an enabling environment for young entrepreneurs is also shared by the private partners of Orange Corners.

    Mrs Shirley Tony Kum of Vivo Energy Ghana said, “Vivo Energy has made community development an integral part of its business. As an organisation, we believe in empowering the youth, giving them the needed skills and requisite capacity so that they can also contribute to the communities where they operate in and also advance the development of the country”.

    Speaking to the 2022 Graduating class , Mr Saqib Nazir of People’s Pension Trust (PPT) shared that across emerging markets, the big trend seen with the teeming youth population is that the future for the economy is through self employment and entrepreneurship.

    “It is therefore very important for us to support these entrepreneurs to create viable micro, small and medium enterprises that will employ not just them but others also. The world is in quite a difficult situation and so it is very important for us as PPT and organisations to add value to our young entrepreneurs across the country, and also for entrepreneurs to consider themselves as tools of impact; to use themselves, their businesses, capital and profits as forces for good to add value to the economy”.

    Managing Director of MDF West Africa the lead implementing agency, Richard Yeboah said: “With the Orange Corners acceleration programme we take existing businesses a step further. During the 6 months we focus on governance, growth strategies, financial management and compliance and we have seen great improvements in the companies in terms of management and decent job creation. We also want to thank the private sector partners for their involvement and opening up their networks and even buying products and services from the companies.”

    During the graduation ceremony, the entrepreneurs expressed their appreciation for the programme. Speaking to the CEO of GIDDINS Innove, Mr Gideon Dendzo said,

    “I joined Orange Corners to build capacity for my business and to access business coaching and funding. Given the impact of covid on businesses, Orange corners taught me how to effectively utilise the training, business coaching to grow and be better at the loan acquisition process to scale even further.” He also urged entrepreneurs to take advantage of the AfCFTA to form partnerships and collaborate on key areas within the trade markets.”

    Ms. Jessica Mensah, CEO of Fafa’s Breakfast who had invested a lot in her business and needed to scale said, “I had issues with my workers, my suppliers were all over the place and I had a bad structure even though sales were increasing.

    Orange Corners helped us plan our business structure from customer retention to compliance, gain employee retention, funding to scale up, all the way down to product development, having a good impact on society through our healthy products on the markets.

    As part of the program, the 45 entrepreneurs supported between 2021 and August 2022 can apply for a low-interest growth loan up to EUR 50,000.00 from the Orange Corners Innovation Fund (OCIF), managed by Fidelity Bank, the official financial partner helping the entrepreneurs overcome the difficult barriers of finance.

    Since the start of the programme in 2019, Orange Corners Ghana has supported 93 entrepreneurs of which 43% are Women-owned companies. The programme has successfully issued affordable loans in the tune of 550,000 Euro so far.

    All companies have grown in number of staff and revenue, even during the COVID-19 pandemic.

    After the successful implementation of both programmes, the partners have agreed to expand the Orange Corners Ghana Initiative to reach over 600 entrepreneurs in the coming year.

    The Orange Corners Ghana Acceleration Programme will now expand to Ho, Kumasi, Takoradi and Tamale to give other young talented Ghanaians outside Accra access to the Orange Corners support.

    The application for the next cohort will be open in October 2022. For more information, please visit or stop by at the Ghana Innovation Hub.

     

  • Match officials for Access Bank Division One League match week 1 announce

    Games are expected to be played from Friday, September 30 through to Monday October 3, 2022.Following a decision by the Executive Council of the GFA, Zone 1 has been divided into A & B.

    The Referee’s Committee of the GFA has announced Match Officials for Match week 1 of the new season.

    Below are the Match Officials for Match week 1:

    No.  REFEREES, VENUES &OTHER OFFICIALS
       ZONE 1B
    DATE: SATURDAY, OCTOBER 1, 2022MATCH: BOFOAKWA VS BAFFOUR SOCCER ACADEMY – LIVE ON GFA APP

    VENUE: SUNYANI CORONATION PARK

    REFEREE: DAVID ADANNEY

    ASSISTANTS: PATRICIA KYERAA & KOFI KODIO MATTHIAS

    4TH REFEREE: SAMUEL YEBOAH

    MATCH COMMISSIONER: RICHARD GYABAAH YEBOUR

    VENUE MEDIA OFFICER: THOMAS OPOKU

    GFA CAMERAMAN: EMMANUEL LARTEY

    DATE: MONDAY, OCTOBER 3, 2022MATCH: UNITY VS YOUNG APOSTLES

    VENUE: NANA FOSU GYEABOUR PARK

    REFEREE: OLIVER TETTEH

    ASSISTANTS: ABRAHAM NDEEGO & PAUL ADUKO

    4TH REFEREE:  MAURICE ANANKANI

    MATCH COMMISSIONER: ABUBAKAR ABDUL GANIYU

    VENUE MEDIA OFFICER: PRINCE AGYEMANG

    GFA CAMERAMAN: ERIC ASOMA

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: BA UNITED VS NKORANZA WARRIORS – LIVE ON GFA APP

    VENUE: SUNYANI CORONATION PARK

    REFEREE: SULEMANA LATIF

    ASSISTANTS: MOHAMMED ALHASSAN & MOHAMMED MOHAMMED

    4TH REFEREE:  BARIKISU SALIFU

    MATCH COMMISSIONER: KWASI ASANTE

    VENUE MEDIA OFFICER: THOMAS OPOKU

    GFA CAMERAMAN: EMMANUEL LARTEY

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: BREKUM ARSENALS VS MIGHTY ROYALS

    VENUE: GOLDEN CITY PARK

    REFEREE: SINTUO ALHASSAN TONSUGLO

    ASSISTANTS: FORKUO ALIDU M. & ISSAH MUMUNI BAGURICHER

    4TH REFEREE:  NIATRI SINTUO AZIZ

    MATCH COMMISSIONER: ALHASSAN ALIDU ALHASSAN

    VENUE MEDIA OFFICER: STEPHEN KYEI

    GFA CAMERAMAN: REINDORF OPOKU

     

     

    ZONE 1A
    DATE: SUNDAY, OCTOBER 2, 2022MATCH: MAANA FC VS KUMBONG BINBIEM

    VENUE: MALIK JABIR STADIUM, WA

    REFEREE: MOHAMMED ZAKARIA

    ASSISTANTS: SULEMANA MOHAMMED & SAMUEL KUSI ANTWI

    4TH REFEREE:  ENOCH DIAWUO

    MATCH COMMISSIONER: ABUBAKAR KASSIM

    VENUE MEDIA OFFICER: ISMAIL SANNI

    GFA CAMERAMAN: ABDUL SAMED

    DATE: SATURDAY, OCTOBER 1, 2022MATCH: STEADFAST VS WA SUNTAA

    VENUE: ALIU MAHAMA STADIUM

    REFEREE: NATHAN ANAFO

    ASSISTANTS: GEORGE A. AKISIBOKA & KWOSE BONIFACE

    4TH REFEREE:  NAOH JOSHUA

    MATCH COMMISSIONER: EDWARD AYAARNA

    VENUE MEDIA OFFICER: SEY MUBARIK

    GFA CAMERAMAN: JESSIE ATTA

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: WA YASSIN VS KASENA NAN-KANA UTD

    VENUE: OHENE AMEYAW STADIUM

    REFEREE: JOHN KOOMSON

    ASSISTANTS: JONES A. BOATENG & ABDUL RAHMAN ABUGBILLA

    4TH REFEREE:  ALI ASANTE

    MATCH COMMISSIONER: MUMUNI ISSAKA

    VENUE MEDIA OFFICER: OSMAN FAISAL

    GFA CAMERAMAN: LORD YEBOAH

    DATE:  SUNDAY, OCTOBER 2, 2022MATCH: DEBIBI VS ELEVEN WONDERS

    VENUE: DEBIBI PRESBY PARK

    REFEREE: AMADU IBRAHIM

    ASSISTANTS: IDDRISU ISSAHAKU 7 IDDRISU IS-HAQ

    4TH REFEREE:  SEILA MAHAMMA

    MATCH COMMISSIONER: EDWARD AMONO MONEY

    VENUE MEDIA OFFICER: EMMANUEL ANAFO

    GFA CAMERAMAN: KWAKU KWANING

    ZONE 2
    DATE: SUNDAY, OCTOBER 2, 2022MATCH: ASEKEM FC VS PACIFIC HEROES

    VENUE: BEPOSO MINI STADIUM

    REFEREE: EMMANUEL ODOOM

    ASSISTANTS: SEIDU ABDULAI & MUSAH M. BASHIRU

    4TH REFEREE: ERIC OSAFO ASAMOAH

    MATCH COMMISSIONER: ABUBAKARI MUSTAPHA

    VENUE MEDIA OFFICER:

    GFA CAMERAMAN: JAMES ATTOBRAH

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: ELMINA SHARKS VS NZEMA KOTOKO

    VENUE: NDUOM SPORTS STADIUM

    REFEREE: EMMANUEL GRAHAM

    ASSISTANTS: ISAAC DUODU & AUGUSTINE AFFUL

    4TH REFEREE:  ISAAC BROBBEY

    MATCH COMMISSIONER: SAMUEL BAAH

    VENUE MEDIA OFFICER: JONATHAN NELSON ACKON

    GFA CAMERAMAN: ISHMAEL ODARTEY MILLS

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: SEFWI ALL STARS VS ASOKWA DEPORTIVO

    VENUE: BIBIANI DUNS PARK

    REFEREE: JIBRAEL SULEMAN

    ASSISTANTS: MARY TEI VS AGBESHIE ADAMS

    4TH REFEREE:  JOSHUA LAKONNAM

    MATCH COMMISSIONER: JOSEPH BUCKMAN

    VENUE MEDIA OFFICER: SETH ADJEI

    GFA CAMERAMAN: ISAAC NYARKO

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: NATIONS FC VS ALL BLACKS

    VENUE: KWAME KYEI SPORTS COMPLEX

    REFEREE: ERIC KORNIE

    ASSISTANTS: JAMES AINOOSON & EMMANNUEL ASUMANG ARTHUR

    4TH REFEREE:  BISMARK ASANTE

    MATCH COMMISSIONER: FRANK NIMAKO

    VENUE MEDIA OFFICER: ABDUL JALIL-AHMED

    GFA CAMERAMAN: MARK SASU

    DATE: SATURDAY, OCTOBER 2, 2022MATCH: KENPONG FC VS SOCCER INTELLECTUALS – LIVE ON GFA APP

    VENUE: GOMOA FETEH PARK

    REFEREE: JAMES TAYLOR

    ASSISTANTS: BLESS AWADZI 7 DIVINE GBOLOMOR

    4TH REFEREE:  FRANCIS ANKRAH

    MATCH COMMISSIONER: OSEI KWADWO

    VENUE MEDIA OFFICER:

    GFA CAMERAMAN: EMMANUEL KPAB

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: FUTURE STARS VS WAFA

    VENUE: EJISU OKESE PARK

    REFEREE: UMAR ABUBAKARI SADIQ

    ASSISTANTS: MICHAEL LAMME & PATRICK APPIAH KODUA

    4TH REFEREE:  GILBERT AMOAH AYARIGA

    MATCH COMMISSIONER: THOMAS AGGREY

    VENUE MEDIA OFFICER:

    GFA CAMERAMAN: ISAAC ARYEE

    DATE: MONDAY, OCTOBER 3, 2022MATCH: SKKY FC VS EBUSUA DWARFS

    VENUE: NDUOM SPORTS COMPLEX

    REFEREE: DANIEL OTENG APPIAH

    ASSISTANTS: JOSHUA ANANI & PETER PATRICK OSEI

    4TH REFEREE:  RICHMOND ADJEI

    MATCH COMMISSIONER: EMMANUEL TWUMASI

    VENUE MEDIA OFFICER: HADI MOHAMMED

    GFA CAMERAMAN: ISHMAEL ODARTEY MILLS

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: HOLY STARS VS NEW EDUBIASE

    VENUE: CAM PARK, AIYINASE

    REFEREE: COURAGE AMPOFO

    ASSISTANTS: BONOMIA TORDIA BASHIRU & JOHN ANSAH

    4TH REFEREE:  BRIGHT AMEDONU

    MATCH COMMISSIONER: DAWSON AMOAH

    VENUE MEDIA OFFICER: STEPHEN APAKA QUAICOE

    GFA CAMERAMAN: BEN ENYINDA

    ZONE 3
    DATE: SUNDAY, OCTOBER 2, 2022MATCH: KRYSTAL PALACE VS SUSUBIRIBI –LIVE ON GFA APP

    VENUE: AKOTEX PARK, AKOSOMBO

    REFEREE: DANIEL BOATENG ATUOBI

    ASSISTANTS: MOSES AMEGBETOR & SAMUEL DAVOR

    4TH REFEREE:  JOYCE O. APPIAH

    MATCH COMMISSIONER: OWARE DENNIS AMPAW

    VENUE MEDIA OFFICER: DAVIS NII ATTUQUAYE CLOTTEY

    GFA CAMERAMAN: FELIX ANYANE

    DATE: FRIDAY, SEPTEMBER 30, 2022MATCH: ATTRAM DE VISSER VS AS RENCES FC

    VENUE: TEMA SPORTS STADIUM

    REFEREE: PROSPER ACQUAH

    ASSISTANTS: JOHN ANSAH & EMMANUEL AKANDEE

    4TH REFEREE:  FEDINAND NYANNYI

    MATCH COMMISSIONER: SAMUEL ANNOR

    VENUE MEDIA OFFICER: NICHOLAS AKUSSAH

    GFA CAMERAMAN: DAVID KPELIH

    DATE: SATURDAY, OCTOBER 1, 2022MATCH: VISION FC VS MIGHTY JETS

    VENUE: NII ADJEI KRAKU II SPORTS COMPLEX

    REFEREE: GIDEON NII COFFIE

    ASSISTANTS: JOSEPH LARYEA & NII KPORTI NARTEY

    4TH REFEREE:  PETER ANSAH TEYE

    MATCH COMMISSIONER: EDMUND OSANQUAYE

    VENUE MEDIA OFFICER: GABRIEL OBU

    GFA CAMERAMAN: DAVID KPELIH

    DATE: MONDAY, OCTOBER 3, 2022MATCH: NANIA FC VS HEARTS OF LIONS – LIVE ON GFA APP

    VENUE: TEMA SPORTS COMPLEX

    REFEREE: DANIEL OPPONG AMOAH

    ASSISTANTS: FESTUS N. NBANGNAN & FELIX APULA

    4TH REFEREE:  JOSEPH PIMPONG

    MATCH COMMISSIONER: K. MENSAH BEDIAKO

    VENUE MEDIA OFFICER: GABRIEL OBU

    GFA CAMERAMAN: EMMANUEL OSEI

    DATE: SATURDAY, OCTOBER 1, 2022MATCH: GOLDEN KICKS VS LIBERTY PROFESSIONALS – LIVE ON GFA APP

    VENUE: TEMA SPORTS STADIUM

    REFEREE: ALPHONSO ATIAPA

    ASSISTANTS: PAUL ADEYEGBE & DANIEL CONNEY

    4TH REFEREE:  EMMANULE BAAH

    MATCH COMMISSIONER: FRANCIS ABEEKO DONKOR

    VENUE MEDIA OFFICER: STEPHEN ABOAGYE

    GFA CAMERAMAN: SOLOMON POAKWA

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: VOLTA RANGERS VS AKATSI ALL STARS

    VENUE: HO SPORTS STADIUM

    REFEREE: S.K. MAWULI KLU

    ASSISTANTS: WISDOM TETE & ERNEST AKATEY

    4TH REFEREE:  JOSEPH OSAFO

    MATCH COMMISSIONER: KUEDUFIA FAMOUS

    VENUE MEDIA OFFICER: DZIDODO RUBEN ADJAHOE

    GFA CAMERAMAN: RICHMOND OBENG

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: TEMA YOUTH VS NA GOD FC

    VENUE: TEMA SPORTS STADIUM

    REFEREE: BRIGHT APEAMENYO

    ASSISTANTS: BLESS KLU & BABAVI NGORLI ESO

    4TH REFEREE:  CALEB ABOTSI

    MATCH COMMISSIONER: SOWAH GHARTEY

    VENUE MEDIA OFFICER: GABRIEL OBU

    GFA CAMERAMAN: EMMANUEL OSEI

    DATE: SUNDAY, OCTOBER 2, 2022MATCH: UNCLE T VS KOFORIDUA SEMPER

    VENUE: FRED CRENTSIL PARK, PRAMPRAM

    REFEREE: KWADWO APPIAH NYARKO

    ASSISTANTS: KWADWO ATETORGBOR & ABDUL ADAMS SAMAD

    4TH REFEREE:  HANS MENSAH

    MATCH COMMISSIONER: CAESAR-HEH FRANKLIN

    VENUE MEDIA OFFICER: STEPHEN ABOAGYE

    GFA CAMERAMAN: ISAAC ARYEE

  • Expert suggests ways of balancing trade with security in West Africa

    Ziad Hamoui, a trade practitioner, advocate, and commentator, has highlighted the challenge of striking a balance between security and commercial facilitation.

    However, he has asked state authorities and stakeholders in West African countries’ trade sectors to step up initiatives like risk profiling and cross-national, cross-sector cooperation that will be able to appropriately remove trade barriers while assisting governments in maintaining good security.

    The National President of the business-led trade advocacy group Borderless Alliance, Ziad Hamoui, expressed his opinions on Eye on Port.

    He made these remarks while analysing the state of trade facilitation across the West African Borders, and identifying associated challenges.

    Mr. Hamoui chronicled the shutdown and reopening of borders where he maintained that the disuniform reopening of borders demonstrated by African countries has had its negative effect on cross border trade.

    He said while many countries had for a long period opened their borders to commercial vehicles, travel restrictions for people have impeded the flow of cross border trade.

    “For example if you go to Cote D’Ivoire, the borders are closed. You can leave Elubo but you will get stuck at their side.”

    Mr. Hamoui stated that, “even if the corridors are open for the movement of commercial vehicles, there is still that difficulty in the movement of people and until we get to a time where we have the normalization of free movement of people, trade will be stagnant because trade moves where people move. This has created uncertainty within the business space, so people have been unable to adequately plan and anticipate.”

    These restrictions according to him, go beyond safety measures against the spread of COVID 19, but also a deliberate effort by nations in the wake of political unrests and widespread insecurities in certain areas of the continent.

    According to the National President of Borderless Alliance, if strategic collaborative approaches are not taken, trade facilitation will suffer at the expense of excessive nationalism.

    “At the end of the day, countries have to look at the risk element and enhance risk profiling and based on that, you address the core roots of the problem so we can reduce the risks,” he said.

    This approach, Mr. Hamoui said, is better than the outright, ad-hoc closure of borders, which do not serve Africa’s trade liberalization objectives.

    According to the trade advocate, aside the restrictions that have emerged out of nations’ desire to mitigate the wave of health and security threats, cross border trading in West Africa is becoming increasingly expensive, creating extra barriers to trade.

    “We know that some traders are compliant but some others are not. On the other hand, we know some agencies are not facilitating trade at the level they are supposed to even when traders are compliant. Sometimes money exchanges are made, and with these activities, economic losses are incurred,” he elaborated.

    The National President of Borderless Alliance did not fail to mention the numerous security checkpoints and barriers along the various West African corridors, where he recalled that the number of such along Ghana’s corridor was approximately 75, last time he checked.

    He acknowledged that while security reasons are reasonable, the numerous checkpoints open the corridor up to corruption and uncompetitiveness.

    He made a strong appeal to authorities to simplify and make affordable, trade processes in order to encourage increased trade activities especially for the informal, small scale trade sector, which represent the large chunk of businesses within the region.

    Ziad Hamoui, reiterated that for success to be seen in regional protocols and interventions intended to improve trade facilitation, political will is of utmost importance.

  • NCA, AG dragged to court over directives on SIM Re-registration

    Nine people have filed a High Court complaint against the National Communication Authority (NCA) about its instructions on sim card reregistration.

    Mobile phone users were given a deadline by the NCA to re-register their phone numbers or face having those numbers blocked by telecommunications providers.

    The deadline for users to re-register their sim numbers with a valid Ghana Card issued by the National Identification Authority was set by the Authority as 30 September 2022. (NIA).

    However, the NIA had stated that it would be extremely challenging for them to give Ghana Cards to everyone by the deadline of September 30, 2022.

    The nine persons filed an application for judicial review of the Mobile Phone Sim Card re-registration directives describing (the directives) as punitive.

    Joined in the suit is the Attorney General.

    The applicants are praying the court for an order of interlocutory injunction restraining their agent, workmen, contractors’ sub-contractors, and associates deriving authority through the NCA from imposing any punitive measure/ sanctions, including deactivating, restricting, churning, and or in any way or limiting them from using the mobile phone sims and network services until the final determination of the case.

    According to the applicants, NCA acted beyond its jurisdiction when it issued the punitive directives requiring them to re-register their mobile phone sim with the Ghana Card as the only identity document on or before September 30.

    In a writ filed on September 26, this year, the nine applicants who are customers of MTN, Airteltigo, and Vodafone, said they had applied for Ghana cards between 2020 through 2022 but have yet to receive them.

    The applicants held that since the year 2008 when Act 750 was enacted, the NIA had not been able to register all Ghanaians and other persons entitled to be registered as mandated by law at any point in time.

    According to the applicants, its registration process continued to be fraught with technical, human, and funding challenges.

    The registration process has been conducted in phases across the country, the applicants held.

    They opined that the process of registering and obtaining a Ghana Card was entirely out of their power and control and the same entirely rested on the process and mechanisms put in place by the NIA.

    The hearing has been fixed for October 6, 2022.

    The applicants are Belynda Odey Hammond, Jennifer Elorm Dzikunu, Charity Mansah Afua N. Ackotia, Nsor Sabasi, Jospehine Annor Prempeh, Vida Delacy Kemovor, Regina Elikplim Dagadu, Irene Ayariga and Tracy Ashong.

  • Kotoka International Airport has the capabilities to handle all aircraft – Captain Solomon Quainoo

    Since the Emirates A380 landed at Kotoka International Airport in Accra nearly four years ago, Ghana has once more experienced a historic landing at the same location.

    This time, on September 29, 2022, a British Airways A380, one of the biggest passenger planes in the world, landed in Accra, marking the nation’s historic second-time flight.

    Captain Solomon Quainoo, a former Ghanaian pilot for Emirates, shared the information on Twitter on September 30. He stated, “Accra got a wonderful surprise yesterday having a record 2nd time an A380 operated (by British Airways) into Kotoka International Airport.
    Nearly 4 years have passed since we first landed an Emirates A380 in Accra.

    He added that the second historic landing of the largest passenger aircraft proves that Ghana’s main airport [KIA] has the capabilities to handle such fleet.

    “Such a great sign for the impressive capabilities of our home airport to handle the world’s biggest passenger aircraft,” Captain Quainoo added.

  • Man who tattooed Bobrisky’s face on arm suffers severe infection

    A young man who tattooed popular Nigerian socialite, Bobrisky’s face on his arm sometime in 2021, has suffered severe complications as a result of an infection emanating from it.

    In a viral video making rounds on social media, the young man, named Lord Casted, established that the infection could be a result of the device and the ink used.

    He stated while soliciting help from benevolent individuals to enable him to undergo treatment.

    “Hello guys it’s Lord Casted. Do you remember the guy who tattooed Bobrisky on his arm? I am here o. All I wanted was just help, now I got the disease from the machine they used to draw the tattoo. I am already taking my drugs. I am shaking like this because I am still taking the drugs, so I want to beg all Nigerians, all bloggers to help me beg Bobrisky to forgive me, he should just make sure I am okay, please,” he said.

    The video caused a massive buzz on social media with some netizens blaming him for his woes.

    Bobrisky on the other hand has disassociated himself from the issue adding that he isn’t responsible for the young man’s predicaments.

    According to the popular crossdresser, he never demanded or coerced anyone into getting a tattoo of him.

    “I didn’t ask anyone to tattoo my face on their body. Last year a lot of people did that and I noticed it is for clout. It was because I was giving out one million Naira and iPhone. I have stopped that,” the Nigerian socialite stated.

    Watch the videos below:

     

    View this post on Instagram

     

    A post shared by Instablog9ja (@instablog9ja)

    Source:ghanaweb.com

  • Customers cry over unavailable prepaid power supply for 3 days

    GhanaWeb has learned that certain Ghanaians have been forced to remain in the dark for the past three days in several areas of the capital, Accra, due to the lack of prepaid energy.

    Consumers who are trapped claim that their actions have been twisted by the “unplanned blackout” brought on by the lack of credit.

    They also mentioned how some of them, whose businesses directly rely on energy, had suffered significantly as a result of the three days of power outages that have occurred since September 27, 2022.

    However, they want the services to be finished as quickly as possible.

    According to the prepaid retailers, this has been due to some network challenges from the Electricity Company of Ghana.

    A customer at Labadi, Adwoa Okyere who spoke to GhanaWeb on September 30 said: “I’ve been coming here to look for credit to buy since Tuesday. Every day they keep saying, the network is not working. We have called the ECG severally but nothing has been done.”

    Akosua Kumah also lamented how this has affected her activities.

    “The foods in my fridge are going bad, I have the money here with me so why can’t I get credit to buy? This is bad. They really have to attend to the situation as soon as possible,” she said.

    However, the officials at the ECG told retailers the situation is being worked on.

    The Public Utility Regulatory Commission(PURC) has assured customers that the commission is working closely with the Electricity Company of Ghana(ECG) to resolve utility service struggles.

    The ECG announced on Thursday, September 29, 2022, that it is facing a technical challenge that has affected its prepaid metering systems. The electricity service provider said the challenge has interrupted the purchase of electricity credit.

    The PURC, in a statement also issued on Thursday, said that the commission has noticed the concerns raised regarding vending problems and promised to work with the ECG to find a quick resolution to the matter.

    “The Public Utilities Regulatory Commission(PURC) has noticed with concern, challenges experienced in vending, by consumers on ECash and PNS Metering Systems of the Electricity Company of Ghana(ECG). The Commission is closely monitoring the situation and in full discussions with the service provider to address the issues,” the statement read.

  • 10 cool Sarkodie songs to get you through the weekend

    Looking for some music to help you relax over the weekend. Here are some 10 hits from Ghana’s music landlord Sarkordie

    1. I wanna Love You feat. Harmonize

    2. Can’t Let You Go ft. King Promise

    3. Gimme Way ft.Prince Bright

    4. Broken Heart ft.Sista

    5. Fireworks feat.Wale,Moelogo

    6. Glory ft.Yung L

    7. Anything

    8.Original

    9. Saa Okodie No ft. Obrafour

    10. Brown Paper Bag ft Manifest

  • I don’t believe my stroke was spiritual – Kunta Kinte

    Ghanaian rapper Kunta Kinte is steadily recovering from his long battle with a stroke which witnessed him taking a long break from music.

    The rapper has disclosed that he will not give credit to the devil or blame any man for causing his downfall but instead, the negligence of the medical doctor who injected him with the wrong medication.

    “I won’t blame anyone because that blame game is one of our biggest problems. Now, people are going after these pastors because they are now enlightened. I will just blame the doctor; he was the one who made me so. He gave me the wrong injection, that is all.

    “I won’t blame anyone; it is not the doing of a woman or anybody…I don’t believe in all those kinds of things. I believe in me, and I believe in God; that is it,” the rapper disclosed in an interview on Wontumi TV.

    Kunta, a member of the music group, Bradez, is famed for their 2009 hit single titled ‘Simple’. They dominated the airwaves with the song that became a street anthem back in the day.

    Narrating the unfortunate circumstances that landed him in a wheelchair, Kunta Kinte stated that a medical doctor just looked him in the eye, concluded he had malaria and injected him with a drug that rendered him paralyzed.

    “I am tired of talking about my sickness…it happened when I was in school at Legon, that was the time we had released our hit song ‘Simple’. I had finished performing it, and so when I got to Legon Hall, I witnessed some of my friends jamming to it. All of a sudden, I wasn’t feeling like I used to, so Hagan Brown put me in her car and drove me to the Evandy Hostel. After a nap, I was sent to CC, Legon Hospital…there was a long queue and so when it finally got to my turn, the doctor asked my name and said I wasn’t sick.

    “He said I was suffering from simple malaria, and so he injected me, and that was what caused it (stroke). Honestly, had I known, I would have taken some medication, so in case it was even a stroke, I would have solved it,” said the rapper in the interview monitored by GhanaWeb.

    Source:ghanaweb.com

  • Jah Lead goes the Amapiano way with ‘Din Ding’

    Ghanaian singer Jah Lead has released an amapiano-inspired single titled Din Ding.

    Din Ding is a dance single featuring French music group BreakItBoyz and produced by French-based Ghanaian producer Luu Beatz.

    The song was recorded in France and was mixed and mastered by CashTwo.

    This is the singer’s second single of the year after releasing Marry Me earlier in the year.

    Jah Lead describes the song as one for the dancefloor and the start of releasing music back to back.

    “Din Ding is a song that centres around dance and vibes, and it was recorded in France with my brother Luu Beatz,” he shared.
    “I would be releasing more music before the year ends, and Din Ding is the start of it.”

    Source:ghanaqweb.com

  • Ghana to host first ever African conference on responsible gaming 

    Ghana has been gifted with an opportunity to host the first ever African conference on responsible gaming. 

    This was announced by the Director-General of the National Lottery Authority (NLA), Sammy Awuku, at the launch of the diamond jubilee of the NLA. 

    The conference is part of efforts to foster close ties between African countries in the lottery industry, and also improve operations within the continent. 

    Addressing the gathering at the launch of the NLA‘s anniversary on September 29, 2022, Mr Awuku noted that the conference “will be held concurrently between December 7 and 10, 2022.”

    Stressing on its significance to Ghana, Mr Awuku noted that the conference “will bring to the fore and expose Ghana as well to several delegations from various African countries where the lottery also takes place.” 

    Ghana is now a member of the African Lottery Association otherwise known as Association des Loteries d’Afrique (ALA). ALA is a branch of the World Lottery Association and a non-profit organization representing the interests of state-authorized lottery and sports betting operators throughout Africa.

    The primary mission of the association is to unite public, mixed, and private companies that hold a monopoly, license, or concession from African states for the operation of games of chance, in order to further socio-economic development across the African continent in priority sectors such as education, health, culture, and sport.

    Ghana was no longer considered a member due to its inactivity in the operations of the associations. However, due to conversations between the current leadership of the NLA headed by Mr Awuku, Ghana has been readmitted by the African Lottery Association (ALA).

    “In Ivory Coast currently, their director-general is the president of (ALA). We made a case to him, they also have to waive off some penalties and charges that have been accumulating because of our inactivity within the body,” Awuku said.

    “So, all things being equal we have completed discussions with them regarding the membership of the African Lottery Association, and I am happy to announce that we have been readmitted back into the African Lottery Association,” Mr Awuku said while announcing this in February.

    Mr Awuku at the launch of the anniversary was very optimistic about the collaborations between the African countries in the industry yielding positive results. 

    Source: The Independent Ghana 

  • Axis Drone Surveys: The Ghanaian drone company transforming economic sectors with drone data

    Civilian drone technology was first made available in Ghana in 2015, largely for video and photo shoots. Since then, the sector has developed into a vehicle for the country’s economic change.

    With its strategic positioning as a market leader in the delivery of top-notch drone surveying and mapping services, Axis Drone Surveys has been in operation since 2019.
    The economic areas of agriculture, health, urban planning, infrastructure, mining, and energy are all affected by these services.

    The business sees the need for drone technology in various sectors and offers quick, precise, safe, and highly affordable solutions.
    Additionally, Axis has a flawless safety record and has received the proper certification from the Ghana Civil Aviation Authority (GCAA) as needed by law.

    Axis Drone Surveys’ service offerings are tailored to address the Sustainable Development Goals (SDGs). Its Recent projects have tackled the SDGs of Climate Action, No Poverty, Affordable and Clean Energy, Decent Work, and Economic Growth, Industry, Innovation and Infrastructure, and Sustainable Cities and Communities.

    The company has made significant contributions to the energy sector by working with institutions that deploy electricity to rural communities both in Ghana and Liberia.

    In the agricultural sector, Axis Drone Surveys collaborates with developmental institutions to create project monitoring, audit, and evaluation systems for farm project financing.

    Axis has grown organically over time through client referrals and recommendations.

    However, challenges are inevitable for a young start-up, especially in its budding stage. The COVID-19 pandemic had a significant impact on its business growth and operations.

    Nevertheless, through innovation and improvisation, the company was able to explore new avenues for revenue generation, such as the mining sector.

    According to Goldman Sachs Research, the global drone business market the opportunity was worth $100 Billion between 2016 and 2020.

    This projection is steadily growing with key opportunities being created in drone manufacturing and sales, drone services & drone training. Ghana is a significant player in the African drone space because it currently has the largest drone delivery network in the world.

    This has created a conducive environment for young Ghanaians to excel in the industry. Axis Drone Surveys recognizes the importance of technology in economic transformation.

    With that focus, the company facilitates mentorship programs for the youth in partnership with academic institutions such as Open Labs.

    The business hopes to develop new collaborations and have a greater impact on Africa and the world. Ultimately, the company aims to RESHAPE AFRICA WITH DRONE DATA.

  • Fuel prices may increase marginally from October 1 due to cedi depreciation – IES

    According to Nana Amoasi IV, the chief executive officer of the Institute of Energy Security, fuel prices could somewhat rise over the next few days as a result of the Ghana cedi’s sharp devaluation.

    He claims that starting on October 1, the price of gasoline and LPG may go up slightly while diesel prices are expected to stay the same.

    He pointed out that despite the drop in crude oil prices to roughly 8.41% on the global market, Ghana was still unable to take advantage of them because of the weakening of the cedi.

    “The Cedi depreciation of 4.26% is enough to force prices of petrol and LPG to move upward in significant terms, irrespective of the marginal drop (1.59%) and the marginal increase (0.59%) in the price of petrol and LPG on the world fuel market,” he is quoted by myjoyonline.com.

    “The Institute for Energy Security (IES) projects some stability in the current price of diesel in spite of the 8.41% fall in the price of the product on the international market, as a result of the 4.26% decline in the value of the local currency against the US dollar,” he said.

    Petrol currently sells at GH¢10.90 whiles diesel sells at GH¢14.45 at various fuel pumps.

  • Reconsider Agyapa deal to salvage the economy – Akwasi Nsiah to government

    Adom TV broadcast journalist Akwasi Nsiah has urged the government to reconsider the Agyapa Royalties agreement immediately in order to support economic stability.

    He asserted that this would be the best course of action for the country as opposed to resorting to the International Monetary Fund for finance.

    In October of last year, the government declared that it would present a revised Agyapa Royalties Agreement to Parliament for approval.

    The Finance Minister, Ken Ofori-Atta, said the contract had been reworked to the government’s advantage while addressing at the inauguration of the newly appointed Board of the Minerals Income Investment Fund in Accra.

    The Agyapa agreement

    The Agyapa Minerals Royalties Investment agreement and four related documents to monetize Ghana’s future gold royalties were approved by Parliament on August 14, 2020.

    Under the deal, Agyapa Mineral Royalties Limited has been created in Jersey near the UK to receive and manage royalties from 16 gold mining licences for the next 15 years.

    In exchange, the firm will list on the London and Ghana Stock Exchanges (GSE) and raise at least $500 million for government to invest in infrastructure, health and education.

    The offering will allow ordinary persons to buy a 49 percent interest in the corporation.

    However, 22 civil society organizations demanded a suspension of the agreement, claiming it is not in Ghana’s best interests.

    Akwasi Nsiah calls on government

    Akwasi Nsiah, speaking on Badwam on Adom TV, lamented that Ghana cannot borrow every time when the country has royalties that can be leveraged for the same amount or even more.

    As a result, he called for a bipartisan approach to help remove all impediments to the full implementation of the Agyapa deal.

  • UT’s loans in less than 48 hours saved a lot of businesses – Kofi Amoabeng

    Captain Prince Kofi Amoabeng (Ret. ), the chairman of UT Holdings, stated that the UT Bank’s loan in less than 48 hours saved several firms, particularly Small and Medium Enterprises (SMEs).

    He made these comments when discussing the financing possibilities available for start-ups at the 8th edition of the WIWIK conference.

    “When we were able to decrease loan time to 48 hours, which most people didn’t believe, but we were able to achieve, it helped rescue a lot of enterprises,” stated Captain Prince Kofi Amoabeng (Rtd.).

    He lamented the protracted wait times for loans from commercial banks.

    He explained that “Even today, it takes about 3 months to raise loans from commercial banks if you are lucky. We did loans in less than 48 hours, even though we were expensive, we saved a lot of businesses, and we saved time for people and they appreciated it’’

    The Chairman of UT holdings also highlighted how important it is for SMEs to receive funding or loans on time. He added that “When SMEs and entrepreneurs come to you and they say they are looking for loans, they need it now, the business is just outside waiting. If you wait one month to evaluate them, the business opportunity is gone!’’

    Asked whether he has any grudges and is bitter due to the collapse of his bank, Captain Prince Kofi Amoabeng (Rtd.) stated that “I am not bitter, I hold no grudges against anyone. The worst that can happen to me is that I will die’’.

    The renowned business executive also admonished young entrepreneurs and the youth to stay humble,

    “If you have humility, you can withstand anything which is thrown at you. I remember after the bank was taken, I went to GCB banking hall to cash some money and the staff were surprised to see me in a queue in a banking hall. For some MDs if they lose their positions, they can’t go close to where they used to work. It doesn’t matter what you go through, with humility you will come out stronger,’’ he said.

    The 8th edition of ‘What I Wish I Knew’ (WIWIK) Conference took place at the University of Cape Coast (UCC) on Friday evening, September 23. The conference was on the theme “Re-envisioning, looking ahead to emerging opportunities”

    Other panelists on the day included Prof J. D. Owusu-Sekyere (Vice-Chancellor, Cape Coast Technical University), Franka Maria Andoh (CEO, Jossie’s Cuppa Cappuccino), Dr. Stephen Osei Tutu (Cluster Manager, Calbank Ltd), Myrah Caesar (CEO, PropelED) and Doris Ahiati (CEO, Crescendo Consult). The keynote address was delivered by Petra Aba Asamoah (Head, Sales & Marketing, Akosombo Textiles).

    Watch the latest episode of The Lowdown below:

    The Lowdown: Role of the diaspora in the development of Africa

    CEO of the Aaron Manvel Foundation Millie Lorene Tucker and Gary Hope, the CEO of FLCC – Bring Back Hope Foundation underscore the need for the African diaspora to help develop the continent in this episode of The Lowdown on GhanaWeb TV. According to the women trying to make and create a change in Ghana, our forefathers were sold away and made to develop strange lands. Thus, coming back home and developing their home country is the best thing to do especially when resources are available.

  • Government to review E-Levy – Finance Minister hints

    Ken Ofori-Atta, the finance minister, has made hints that the administration will shortly revisit the Electronic Transfer Levy (E-Levy).

    This occurs a few months after the divisive tax proposal was approved by a parliament with a majority support and put into effect.
    Mobile money, bank transfers, and other electronic transfers were subject to a 1.5 percent fee.

    The Ministry of Finance subsequently declared that the tax’s revenue was below the desired level after it was implemented.
    It claimed that barely 10% of the anticipated monthly revenue of GH600 million was actually being received.

    But Ken Ofori-Atta speaking at a press briefing in Accra on September 28 said the review of the E-Levy forms part of measures to help improve government’s domestic revenue mobilisation.

    The Finance Minister explained that the review is also intended to ensure that the Ghanaian populace can pay the levy on electronic transactions.

    “Such exercises form part of an ongoing drive to ensure we take significant steps forward in remedying long-standing challenges with domestic revenue mobilization, indiscipline, corruption and leakages,” Ken Ofori-Atta said.

    “Of course, heightened tax compliance and increased tax audit exercises will continue to be complemented by policy initiatives that allow us to tap into a wider pool of taxpayers in the years ahead. Towards this therefore we are looking at areas around the E-Levy to ensure its efficient implementation,” he explained.

  • 10 Cool New Pop Songs to Get You Through The Week: Khalid, 5 Seconds of Summer, Shania Twain & More

  • Queen Elizabeth’s coronation maid of honour died the night before state funeral

    Lady Mary Russell, one of Queen Elizabeth’s maids of honour on her coronation day, died just one day before the late monarch’s state funeral on September 19. She was 88.

    The Times obituary section reported the death, detailing that the wife and mother of five died “peacefully” at home with her family on September 18.

    She and her husband, David, shared three sons, Anthony, Philip and Jason, and two daughters, Arabella and Mariana, as well as 12 grandchildren, according to the obituary.

    Queen Elizabeth’s state funeral, held the next day at Westminster Abbey, welcomed more than 2,000 family members, guests and heads of state to pay their respects to Britain’s longest-reigning monarch.

    At just 19, Lady Russell was the youngest of six maids of honour in attendance at Queen Elizabeth’s coronation at Westminster Abbey in 1953.

    The six ladies wore embroidered silver gowns with long silk gloves and tiaras as they held the Queen’s six-yard train through Westminster Abbey.

    Lady Russell’s father, the Earl of Haddington, was a childhood friend of the Queen Mother from Scotland.

    On the day, Queen Elizabeth wore a white duchess satin dress designed by Sir Norman Hartnell, the same designer who made her wedding gown in 1947 and designed her maids of honour’s gowns.

    The personal touches included — embroidered flowers to represent the United Kingdom and the Commonwealth countries — which were the product of Queen Elizabeth’s request.

    They added such weight to the gown that it is estimated to have weighed over 11 pounds.

    Queen Elizabeth's coronation maid of honour died the night before state funeral
    Lady Mary Russell. (APIC/GETTY)

    Lady Russell recalled the tremendous weight of the gown, too, as though it was a distraction on the day.

    “It was overwhelming and moving – especially during the anointing,” Lady Russell said about the coronation. “It was an incredible moment, but all I could think about was how heavy the embroidery felt.”

    The honour of being selected as a maid of honour was not lost on Lady Russell. “Of all the girls our age in the country, we six girls were chosen to carry the Queen’s train and that meant a great deal,” she said.

    One of her fellow maids of honour, Lady Anne Glenconner, told the BBC that the six ladies were “the Spice Girls of their time” after holding such an important role in the coronation.

    Lady Russell is the second of the six maids of honour to die, following Lady Moyra Campbell’s death in 2020 at age 90. Lady Glenconner, Lady Jane Lacey, Baroness Willoughby de Eresby and Lady Rosemary Muir are still alive.

    Queen Elizabeth's coronation maid of honour died the night before state funeral
    Queen Elizabeth at her coronation. (THE PRINT COLLECTOR/GETTY)

    The spectacular coronation ceremony took place a full year after her father’s unexpected death. After suffering from lung cancer and having one lung removed, King George VI died suddenly at home in 1952. It was later revealed that he died of coronary thrombosis.

    Following his sudden death, arrangements were quickly underway to plan his daughter’s coronation, though she ascended the throne more immediately.

    Queen Elizabeth's coronation maid of honour died the night before state funeral
    Queen Elizabeth and her maids of honour at her coronation. (PHOTO: THE PRINT COLLECTOR/GETTY)

    Queen Elizabeth was laid to rest earlier this month alongside her beloved father and mother in the King George VI Memorial Chapel at Windsor Castle. Instead of receiving her statue or a memorial with her name, the Queen reportedly wished to lie alongside her family.

    Her sister Princess Margaret and her husband Prince Philip are also buried there.

    “She had no wish to see a statue of herself or to even have a separate burial chamber within St. George’s Chapel,” historian Robert Hardman, author of Queen of Our Times: The Life of Elizabeth II, told PEOPLE.

    “As her cousin, Margaret Rhodes once said to me, ‘She wanted to make her father proud.’”

    Source:myjoyonline.com

  • Ed Sheeran Covers Britney Spears, Backstreet Boys, Neil Diamond at Impromptu Ibiza Club Gig

    If you happen to be chilling at the House in Paradise beach club in Ibiza on Monday night (Sept. 26) you got an even wilder night/morning than you planned for. That’s because Ed Sheeran hopped up on stage unannounced to play a short, four-song set for the partygoers that mixed one of his most beloved hits with a trio of drunken last-call sing-alongs that perfectly fit the mood.

  • Trevor Noah is leaving ‘The Daily Show’

    Trevor Noah, the South African comedian who took over the hosting reins of “The Daily Show” after the departure of Jon Stewart seven years ago, announced on Thursday that he would be leaving the program.

    “We’ve laughed together, we’ve cried together,” Mr Noah said during a taping of the show on Thursday that was released before the show aired. “But after seven years, I feel like it’s time.”

    Comedy Central said in a statement that the network had been working with Mr Noah “for a long time to figure out how he can maintain the demanding schedule.”

    The network added that “with no timetable for his departure, we’re working together on next steps.”

    Mr. Noah, 38, said on Thursday that after presiding over the show for a turbulent seven years — writing jokes about the presidency of Donald J. Trump, the pandemic and other major news events — he had realized that there was “another part of my life that I want to carry on exploring.”

    He said he missed touring, going to other countries, learning other languages and “being everywhere, doing everything.”

    Mr Noah did not elaborate further, but he has continued touring and releasing stand-up specials throughout his time as host.

    Comedy Central said that it was “excited for the next chapter” of “The Daily Show,” but it did not say who would be the next host.

    Mr Noah’s announcement will come during the departure of several late-night hosts: In April, James Corden said that he would leave his 12:30 a.m. nightly show on CBS next year. Samantha Bee, an alum of “The Daily Show,” announced that her show would not return to TBS in the fall. And last year, Conan O’Brien said goodbye to his late-night show on TBS.

    Mr Noah thanked the network on Thursday for believing “in this random comedian no one knew on this side of the world.”

    When Mr Stewart left the program in 2015, having spent 16 years transforming the satirical program into an award-winning staple of political comedy, fans eagerly awaited an answer to the question of who would succeed one of TV’s most influential and revolutionary hosts.

    The announcement came as a surprise to many: Mr Noah, a newcomer to American television who had been scouted by Mr Stewart and his “Daily Show” staff, was getting a huge and unexpected promotion after just three appearances on the show. (The network had approached higher-profile stars like Chris Rock, Amy Poehler and Amy Schumer.)

    The decision to name a 31-year-old biracial comic from South Africa was intended to bring a more youthful, international perspective to “The Daily Show.”

    In an interview with The New York Times after the announcement, Mr Noah spoke of being part of “a new young generation of comedians of colour, in a space where our parents didn’t have a voice that was recognized.”

    But soon after the announcement, he became embroiled in a controversy over jokes he had posted years earlier on Twitter about women and Jewish people that some viewed as offensive. ‘

    Mr Noah responded to criticism at the time, saying that “to reduce my views to a handful of jokes that didn’t land is not a true reflection of my character, nor my evolution as a comedian.”

    The network stood behind him. Soon, Mr Noah’s version of “The Daily Show” was off and running, with correspondents from various backgrounds bringing fresh takes to the show.

    He joked to The Times in 2015 that since joining the program, the “blackness has tremendously increased at the show. There’s been an epidemic of blackness.” And he recalled the advice that Mr Stewart gave him before starting in his new role: “Make the best show that you feel needs to be made. And trust your discomfort.”

    During his tenure, Trevor Noah embraced his outsider perspective, commenting on America’s struggles with race, class and other facets of society that he deemed absurd, if not ripe for comedic jabbing.

    In 2020, he dedicated entire segments to the Black Lives Matter movement and the people protesting police brutality against Black people, saying in one video that it felt as if there was “no moment of justice.”

    He recalled on Thursday that he had never dreamed of becoming the host.

    “I sort of felt like ‘Charlie and the Chocolate Factory,’” he said. “I came in for a tour of what the previous show was. And then the next thing I know, I was handed the keys.”

    Trevor Noah has since shown his serious side. In 2016, he published his autobiography, “Born a Crime: Stories From a South African Childhood,” a raw chronicling of his upbringing in South Africa during and after apartheid.

    The son of a Xhosa mother and a Swiss-German father, Mr Noah reminisces in the book about being “half-white, half-Black” in a country where his birth “violated any number of laws, statutes and regulations.”

    In May, he performed at the White House Correspondents’ Association Dinner, the first during the pandemic era, teasing President Biden before stopping to remark about having the freedom to do so.

    “I stood here tonight and I made fun of the president of the United States, and I’m going to be fine. I’m going to be fine, right?” he said, glancing at Mr. Biden. “Like, do you really understand what a blessing it is?”

    In 2023, Mr. Noah will tour in South Africa. He wrote on Twitter this week: “Can’t wait to come home.”

    Source:myjoyonline.com

    (more…)

  • World’s biggest passenger plane makes technical stopover in Kotoka

    On Thursday, September 29, 2022, British Airways Flight A380 landed at Kotoka International Airport for a technical layover.

    This is the second time an A380 aircraft has operated or landed in Accra, as the British Airways ferry flight (A380) from Johannesburg to London Heathrow made a maintenance stop at the Kotoka International Airport (KIA).

    Large wide-body airplane developed and built by Airbus is the A380.

    It is the world’s largest passenger airliner and only full-length double-deck jet airliner.

    The A380 has a standard seating layout for 555 passengers on two decks in a three-class configuration and needs about 3,000 m (9,800 ft) of runway to take off fully loaded.

    The Ghana Airports Company Limited (GACL) announcing the technical stopover in a statement said “British Airways could not have made a better decision of choosing KIA as the preferred Airport within the sub-region for this vital technical stop.”

    “KIA is centrally located in the world, on the Greenwich Meridian and close to the Equator, making it easily accessible from any part of the world.

    “The Airport’s runway length of 3,400m, taxiways, and other infrastructure meets and, in some cases, exceed the standards and recommended practices of the aviation industry and is suited for the maneuverability, accessibility to the passenger boarding bridge and remote parking for the A-380.

    “Indeed, the Airport has a high reputation for regulatory, safety and operational compliance in the industry,” it added.

    Commercial airports are classified into 10 categories based on the largest type of aircraft they regulate.

    KIA has a firefighting category of 10 and well-trained staff capable of handling the A380 aircraft.

    KIA remains one of the most attractive airports in the West African region with the capacity to accommodate the largest commercial aircraft in the world.

    Our long-standing experience in facilitation and cooperation between all airport stakeholders; the Ghana Civil Aviation Authority (GCAA), Service Providers and airlines, ensures KIA’s readiness to accommodate A380 commercial operations

  • R. Kelly to pay $300,000 to victim in sex crimes

    A federal judge signalled, on Wednesday, that she plans to order disgraced R&B superstar R. Kelly to pay more than $300,000 to one of his victims in a decades-long scheme to use his fame to sexually abuse young fans.

    A restitution order by U.S. District Judge Ann Connelly that was still being finalized is meant to cover the cost of treatment for herpes and psychotherapy. The victim, referred to only by a pseudonym, has accused the jailed Kelly of giving her the sexually transmitted disease during one of their encounters.

    Kelly could be on the hook for tens of thousands of dollars more to pay for herpes treatment and counselling for a second victim once the final tally is calculated. The judge rejected a third claim by another accuser.

    The Grammy-winning, multiplatinum-selling songwriter appeared at the hearing in federal court in Brooklyn via video from a lockup in Chicago, and only spoke to exchange greetings with the judge and to turn down an offer to say more. None of the victims was in attendance.

    Earlier this year, Kelly was sentenced to 30 years in prison following a trial in New York where the jury found him guilty of racketeering and sex trafficking. The second trial in Chicago ended on September 14 with his conviction on charges of producing child pornography and enticing girls for sex.

    The question now in the New York case becomes when and how Kelly will pay the restitution. Prosecutors claim he has access to as much as $5 million to go along with about $28,000 seized from his inmate commissary account that defense attorney Jennifer Bonjean said was made up of small donations from fans.

    Bonjean told the judge that Kelly has no access to any other funds because of judgments in civil cases brought against him. She also insisted that her client has always been clueless about his finances.

    “He’s not the best source of that information,” she said.

    Kelly achieved superstar status for work including the 1996 hit “I Believe I Can Fly” and the cult classic “Trapped in the Closet,” a multipart tale of sexual betrayal and intrigue.

    Source:myjoyonline.com

  • Crystal Palace boss Patrick Vieira hints new role for Jordan Ayew ahead of Chelsea clash

    Crystal Palace manager Patrick Vieira has revealed that he could play Jordan Ayew in the centre of midfield ahead of their Premier League game against Chelsea on Saturday.

    Ayew shined as a central midfielder when the Eagles played out a goalless draw with Newcastle United before the international break.

    The 31-year-old later took take the centre-forward position after the introduction of Michael Olise.

    “Jordan played that role when we went on tour so knows the responsibility of the position, and that gives me good options,” Vieira told the club website.

    “There’s an option on the table to play him there. He was fantastic when he played there, is an intelligent player and is prepared to sacrifice himself for the team. When he went centrally that gave us really good balance.”

    “Tough place to come: a big atmosphere and we needed to defend well as a team. We did it well and fully deserve the point. They’re a really strong side and this is one team you can count on to play European football.”

    Ayew has made seven appearances for Crystal Palace this season and provided one assist in the process.

    Source: Footballghana

  • We’re yet to recover from COVID-19 impacts – Aflao SMEs

    Owners of Small and Medium Scale Enterprises (SMEs) in the Ketu South district’s Aflao claim that the COVID-19 crisis’ economic effects are still being felt there.

    They claimed that the COVID-19-induced limitations, particularly the two-year border closure, had an impact on the municipality and in particular Aflao, which is home to Ghana’s busiest land border, causing their enterprises to fail.

    This was revealed at a town hall meeting on the OSIWA Project that was held in Aflao by the civic organization BudgIT Ghana in collaboration with OXLADE Consulting and Open Foundations Society.

    In order to have reliable information to support the rehabilitation of these enterprises, the OSIWA project aims to analyze the post-economic resilience of small-scale businesses in the nation.

    The town hall meeting was on the theme: “Pre and Post-COVID-19 Pandemic Socio-Economic Resilience Strategies: Impact and Lessons from Stakeholders.”

    Attendees shared their experiences during the Covid-19 period, and thereafter, with major emphasis on the adaptation and coping strategies of their businesses, employment and working conditions, impacts on wages and incomes, food consumption, borrowings and asset holdings, and the level of government support.

    Participants, who spoke to the Ghana News Agency, said their day-to-day economic activities halted due to the trade restrictions and confinement measures announced by the government and with no form of support to cushion them from the economic hardship.

    Mama Hedenya Xenyo II, Queen of Aflao Aflagatigorme, said the economic impact on her subjects and some colleague traditional leaders during the peak of COVID-19 was huge and it would be good for some support to be extended to them because “even now, we’re yet to fully recover from it.”

    “We thank our Chief, Torgbui Aglasu Xenyo III because, at a time when it became difficult for my electorates to feed, he gave out money for items, including bags of maize, rice and gallons of cooking oil.

    No support came from the local Assembly or the central government to us, not even the free water because for a long time, we’ve not had water,” Alhaji Mohammed Amuzu, Assembly member for Aflagatigorme Electoral Area said.

    Madam Lebene Dzumador, a shopkeeper, said: “We’re still feeling the heat and now that this organisation has come to hear our concerns, it’s my hope that something positive will happen.”

    Mr Khiddir Iddris, Research and Programme Lead at BudgIT Ghana said his organisation and stakeholders’ role in boosting health sector accountability and vaccine equity in Ghana.

    He said the government, like others globally, continued to play a crucial role in cushioning people and firms from the pandemic and its economic fallout.

    “It’s important that we assess the relief packages that the government has provided so far as well as socio-economic resilience of businesses, especially from this border town,” Mr Iddris said.

  • Female Warriors Who Led African Empires and Armies

    Long before—and during— the European colonization of Africa, ancient kingdoms and empires thrived for centuries on the continent. Some were headed by women, including female warriors who led armies against invading European powers to defend their people from conquest and enslavement.

    Even though Black women have been at the forefront of impressive exploits in combat, their stories are often overlooked. The following African female warrior queens and all-female armies are among those who fought for freedom from colonial occupation.

    1. Queen Amanirenas, circa 40 B.C.

    A statue of Queen Amanirenas.

    An illustration of a statue of Queen Amanirenas, who ruled the Kingdom of Kush.

    Mikroman6/Getty Images

    Queen Amanirenas ruled the Kingdom of Kush from 40 B.C. to 10 B.C., in the Nubian region, now modern-day Sudan. When Roman emperor Augustus conquered neighboring Egypt in 30 B.C.—with plans to next invade Kush—Amanirenas launched a surprise attack on the Romans.

    Leading an army of 30,000 from the frontlines, Amanirenas successfully captured three Roman-ruled cities. But it wasn’t long before Rome retaliated, invading Kush, destroying the Kingdom’s capital and selling thousands into slavery. After years of bitter fighting and significant casualties on both sides, negotiations to end the war began in 24 B.C., culminating in a peace treaty five years after the fighting first began.

    Although the hostilities ended in a stalemate, Queen Amanirenas—unlike many of her neighbors—was victorious in resisting conquest by Rome, never ceding large swaths of territory or paying taxes to the empire. Amanirenas is remembered throughout the Nile Valley and beyond as the Nubian queen who conquered the Romans.

    2. Queen Nzinga Mbande (c. 1583-1663)

    Queen Nzinga Mbande was monarch to the Mbundu people who fought against the Portuguese and their expanding slave trade in the 17th century.

    Queen Nzinga Mbande was monarch to the Mbundu people who fought against the Portuguese and their expanding slave trade in the 17th century.

    Science Source/Photo Researchers History/Getty Images

    An adept politician and skilled military strategist, Queen Nzinga Mbande was the ruler of the Mbundu people in what is now Angola.

    With the growing demand for slave labor, Portugal had established a colony near Mbundu land to expand the slave trade. Nzinga became queen in 1626 after her brother, the former king, committed suicide in the face of rising Portuguese encroachment. But before she became queen, at her brother’s request, Nzinga met with the Portuguese to negotiate peace.

    An adept negotiator, she formed a strategic alliance with Portugal in 1622. Facing attacks from rival African aggressors looking to capture people for the slave trade, Nzinga’s pact with the Portuguese allowed her to fight enemy tribes to enslave for Portugal in exchange for weapons and an agreement that the Portuguese would cease slave raids on the Mbundu people.

    But by the time she became queen in 1626, Portugal had broken its side of the deal. Nzinga refused to give in to the Portuguese without a fight. In 1627, she formed a temporary alliance with the Dutch—an enemy of the Portuguese—and led an army against them.

    Through her leadership, Nzinga successfully held off the Portuguese forces for decades, personally leading her troops into battle—even while in her sixties. Despite multiple attempts by the Portuguese to capture Nzinga, they never succeeded. She died peacefully in her 80s, after a long life of defending her people from colonial rule.

    Queen Nanny (c. 1685-c. 1750)

    Queen Nanny of the Maroons, as she appears on the Jamaican $500 bill.

    Queen Nanny of the Maroons, as she appears on the Jamaican $500 bill.

    Johan10/Getty Images

    Queen Nanny was the leader of the Jamaican Maroons, a community of formerly enslaved Africans who fought the British for their freedom.

    As a child, Nanny was kidnapped from Ghana and enslaved in Jamaica. She escaped, joining other formerly enslaved people who sought refuge in the island’s Blue Mountain region. By 1720, thanks to her exceptional leadership and military skills, she’d become head of the Maroon settlement. That year she began to train her people in guerilla warfare.

    Queen Nanny led the Maroons into dozens of successful battles, freeing over 800 enslaved people. Her clever strategies allowed the Maroons to catch the heavily armed British by surprise and decimate their numbers.

    By 1740, the British were forced to sign a peace treaty with the Maroons, guaranteeing their freedom. In 1975, the government of Jamaica declared Queen Nanny a National Heroine and awarded her the title of “Right Excellent” for her strength and courage. Her portrait appears on the $500 Jamaican dollar bill.

    The Dahomey Amazons (1600s-1890s)

    A member of the Dahomey Amazons, who were an all-female military regiment of the Kingdom of Dahomey (now Benin) which lasted until the end of the 19th century.

    A member of the Dahomey Amazons, who were an all-female military regiment of the Kingdom of Dahomey.

    History/Universal Images Group via Getty Images

    Named after the race of women warriors from Greek mythology, the Dahomey Amazons were an all-female military regiment in the Kingdom of Dahomey, now present-day Benin.

    Reportedly assembled in the mid-to-late 1600s, the Amazons were known for their indifference to pain and fierceness in battle, as well as having great socio-political influence over their kingdom. To protect and enrich their own empire, there were periods when the Amazons cooperated with European colonialists, selling captured enemies from regional scuffles in exchange for weaponry and goods.

    By the mid-1800s, they numbered between 1,000 to 6,000 women. When the French invaded Dahomey in 1892, the Amazons put up an aggressive resistance. Afterward, the French soldiers noted their “incredible courage and audacity” in combat, as cited by the African American Registry, an online consortium of Black history educators.

    Fierce battling between the Amazons and Europeans continued, but the African female warriors were eventually outnumbered and outgunned and, within a few years, they were largely wiped-out.

    While the Amazons were certainly powerful fighters, Leonard Wantchekon, a professor of politics and international affairs at Princeton University, argues it’s important to look beyond the shock value of their female warrior status when considering the Amazons’ legacy in history.

    “The most important feature of the Amazons was not that they could kill like men,” says Wantchekon, a Benin native. “They were also regular people with regular lives, as well as well-respected cultural and political leaders in their communities.”

    There is a widespread misconception that gender equity is a western value, adds Wantchekon, when in fact, European colonization was a detriment to women’s rights in Benin, where the French disassembled the Amazons and banned female education and political leadership.

    “When we push back against this misconception and embrace the culture of gender equality that was thriving in Benin and places like it before colonization,” Wantchekon adds, “it is a way to embrace the legacy of this exceptional group of African female leaders that European history tried so hard to erase.”

    Yaa Asantewaa (c. 1840-1921)

    Yaa Asantewaa was queen of the Ashanti Empire in what is now modern-day Ghana.

    Yaa Asantewaa was queen of the Ashanti Empire in what is now modern-day Ghana.

    The History Collection/Alamy Stock Photo

    Yaa Asantewaa was queen of the prosperous Ashanti Empire, also called Asante, in now modern-day Ghana. As queen, she was the official protector of the empire’s most sacred object, the Golden Stool. Made of solid gold and believed to house the soul of the nation, the stool represented the royal and divine throne of the empire. When British troops invaded in 1886, and demanded possession of the sacred object, Asantewaa refused. Instead, she led an army against them.

    I shall call upon my fellow women. We will fight the white men. We will fight until the last of us falls in the battlefields,” Yaa Asantewaa famously said.

    For months, starting in 1900, Asantewaa’s troops laid siege to the British occupying forces, who very nearly collapsed. Only after the British brought in several thousand additional troops and pounds of artillery were they able to defeat Asantewaa’s army. Asantewaa—who fought alongside her people until the very end—was captured and exiled to the Seychelles until her death in 1921. Her bravery and resistance in spite of the impossible odds have made her one of history’s most famous warrior queens to this day.

  • COCOBOD encourages consumption of local cocoa products

    As part of events to recognize Cocoa Day on October 1, 2022, the Ghana Cocoa Board (COCOBOD) has organized an open exhibition of cocoa goods, organic fertilizers, and agrochemical inputs.

    The municipality of Suhum in the Eastern Regional presented the public exhibition with the theme: “COCOBOD @ 75: Sustaining our environment, economy, and health.”

    Every year on October 1, Ghana celebrates Cocoa Day to honor the brave men and women who work as cocoa farmers and make the nation’s cocoa business sustainable.

    The Chief Executive of COCOBOD emphasized the significant contribution of cocoa to Ghana’s socio-economic growth, according to Mr. Emmanuel Ray Ankrah, the Deputy Chief Executive of COCOBOD in charge of Finance and Administration.

    He expressed worry about how illegal mining was negatively impacting the cocoa industry and jeopardising farmers’ livelihoods.

    “In our efforts to improve the lives of cocoa farmers and the fortunes of the industry, we face an unprecedented challenge of illegal mining, which has the potential not only to cripple the cocoa sector but also threaten our basic means of survival as humans.”

    He stated that the situation, along with recent calls from global consumers, the European Union, and other trade partners for more environmentally friendly and sustainable farming techniques, has necessitated a more aggressive approach to sustaining cocoa production.

    He shed light on how essential minerals present in cocoa beans, such as fat, protein, and antioxidants, could cure or prevent cardiovascular diseases, diabetes, insomnia, and body aches, as well as help in the process of slowing down the ageing process.

    As a result, he urged Ghanaians to consume local cocoa products, saying, “Let us demonstrate our commitment to this course by serving cocoa drinks at our naming ceremonies, weddings, parties, funerals, state functions, in all social gatherings and homes.”

    Mr Seth Kwame Acheampong, Eastern Regional Minister, indicated that the government was working to implement policies and programmes that would improve farmers’ social and economic well-being, citing a pension scheme for cocoa growers as one example.

    He also praised cocoa farmers for defying all odds to produce “the golden beans” that have helped Ghana’s reputation at the international level for decades.

    Osabarima Ayeh Kofi, the Suhum Chief, expressed gratitude to COCOBOD for choosing Suhum as the location for this year’s Cocoa Day celebration.

    Several companies and financial institutions, including New OKAFF Industries Limited, a manufacturer of insecticide and anti-snake larva repellent; Agrokhem Limited, a distributor of organic fertilisers and agro-chemical inputs; Access Bank, CAL Bank, and Golden Pod chocolate drink, among others, took part in the cocoa product exhibition.

  • Ghana’s export to Burkina Faso increased to $276million in 2021

    Exports from Ghana to Burkina Faso rose from $264 million in 2020 to $276 million in 2021.

    Over the same time period, Burkina Faso was the source of $50 million in imports for the country.

    Similar to this, the prediction made by the Export Potential Map based on supply and demand, market access restrictions, and ease of bilateral commerce revealed that the combined market value of the 51 top products exported from Ghana to Burkina Faso is 8.4 billion dollars.

    According to Mr. Clement Osei-Amoako, President of the GNCCI, just 33% of this amount—or 2.8 billion dollars—was exported by Ghana.

    Mr Osei-Amoako said this during the opening of a five-day Economic and Trade Promotion Days (JPEC) event in Accra.

    The event was on the topic: “Strengthening Economic and Trade partnership between Burkina Faso and Ghana: Which synergies of actions in the current context of the implementation of African Continental Free Trade Area (AfCFTA).”

    The event was in collaboration with the Ghana National Chamber of Commerce and Industry (GNCCI) and the Burkina Faso Chamber of Commerce and the Ministry of Industrial Development, Trade, Handicrafts and Small and Medium Enterprises of Burkina Faso and Burkina Faso Chamber of Commerce.

    The collaboration in its 4th edition seeks to promote the economic, commercial, and cultural potentials, as well as strengthen cooperation between both countries.

    He said this means that there was huge export potential for Ghana and Burkina Faso, which both countries needed to take advantage of.

    He said the collaboration with these institutions was timely and assured the business confidence.

    Mr Osei-Amoako said the agenda of the event included an exhibition of products, Business to Business meetings, and visits to partnered companies.

    “Ultimately, it will create a harmonious integration that will elevate Ghana’s private sector to a competitive level and enable regional and international economic growth,” he added.

    He said as the representative organ of the business community in Ghana, the Chamber was of the strong conviction that the business forum would serve as a unique platform for businessmen and women of the respective countries to interact, share ideas and establish business relationships.

    The President expressed the hope that the business forum would further strengthen the strategic trade partnership between Ghana and Burkina Faso, bringing economic and social benefits by creating new opportunities for trade, investment, and employment.

    Mr Mahamadi Savadogo, President of the Chamber of Commerce and Industry, Burkina Faso, called for continuous collaboration and work relentlessly to boost intra-African trade.

    “That is why we are committed to supporting the organisation of the 4th JPECs in the wake of the previous editions in the Republic of Benin in 2015, Ivory Coast in 2017 and Senegal in 2019,” he added.

    He expressed the hope that these events would serve as stepping stones toward dynamic and prosperous joint ventures likely to foster the industrial development of our two countries.

    Mr Abdoulaye TALL, the Minister for Industrial Development, Trade, Handicrafts and Small and Medium Enterprises of Burkina Faso, said the forum was an opportunity to strengthen the excellent economic and trade relations with Ghana, as evidenced by trade statistics.

    “In the sub-regional context marked with security challenges, the JPECs should also help consolidate integration and brotherhood between the two countries,” he said.

    Mr Abdoulaye said Burkina Faso was eager to showcase to Ghana not only products made in the country but also the performances of its companies, which were distinguished by their resilience.

    “We can assure you, investors from Ghana, that our country is steadily striving to create an environment conducive to investment,” he said.

  • A/R: Lands Minister blames regulatory agencies for illegal mining

    The Minister of Lands and Natural Resources, Samuel Abdullai Jinapor, has said persons in charge of institutions regulating mining activities in the Amansie South District of the Ashanti Region should be held responsible for the destruction caused by illegal miners.

    The illegal miners are back in that area and destroying virgin forest reserves in the area.

    After more than five years of intense war against illegal mining, it appears the efforts are not paying off as illegal miners continue to pollute water bodies and destroy natural resources.

    Tracts of farmlands and forest reserves have been destroyed by activities of illegal miners with pits left abandoned.

    The Minister, who visited the mining sites, was amazed at the level of destruction caused to the environment by illegal miners.

    Military deployment to some mining districts in the Ashanti Region this week led to the seizure of some mining equipment used for illegal mining activities.

    The Minister joined the military in areas where the recent clampdown was carried out and expressed his disappointment at the level of destruction.

    He was shocked as hectares of land were degraded with impunity.

     

    “The pervasiveness of mining activity and wanton destruction of the landscape of the area is serious. The number of hectares mined out is a threat to our environment,” he said.

    He realized that the operation did not start a day or a week “and I am shocked about this development”.

    “Given the extent of the operation, I just can’t be convinced the Chief of the area, Minerals Commission officials in the area and the District Chief Executive are not aware.”

    He called for collective action to address the galamsey menace.

    The General Officer Commanding Central Command of the Ghana Armed Forces, Brigadier General Joseph Aphour, assured that the fight against galamsey will be won.

    “We in the military are committed to this fight and with the support of all the fight will be won,” he said.

    The Minster later met some Regional Ministers and MMDCEs and appealed to them to support the fight.

    Source: 3news

  • Fintech and Crypto industry players urged to safeguard interest of consumers

    The Bank of Ghana‘s Director of Fintech and Innovation, Mr. Kwame Oppong, has urged leaders in the fintech and cryptocurrency industries to be steadfast in creating secure and resilient environments to protect consumers’ interests.

    According to him, a new business model product and mode of interaction had emerged that presented a significant challenge to governance regulation, consumer protection, and financial integrity. This presented a huge opportunity for affordable digital delivery of financial services to enhance financial inclusion.

    Because of this, the Bank of Ghana adopted changes to foster innovation in the financial services sector without jeopardizing the stability of the financial system, which is protected by the Payment and Services Act of 2019.

    Mr Oppong made the call when he addressed about 400 Fintech and Crypto Industry leaders from across Africa at a two-day Africa Money and Decentralised Finance (DeFi) Summit – West Africa edition in Accra.

    He noted that Act 987 and other related notices issued by the Bank of Ghana had non-traditional entities such as Fintech to be licensed to provide various digital financial services under a proportionate and risk-based licensing regime.

    “The elevations of these team players are positively disrupting the financial services industry and generating competition while encouraging strategic partnerships among these banks and financial technology providers,” he stated.

    Mr Oppong said immense benefits had been reaped from using the regulatory environment provided by the Bank of Ghana, resulting in phenomenal increases in financial inclusion from 58 percent in 2017 to 68 percent in 2021 and that this was noteworthy.

    He said since the Fintech Innovation Office was established in 2020 at the Bank of Ghana, which was one of the few such outfits globally among central banks to regulate and supervise, a total of 47 payment service providers and mobile money operators, both Ghanaians and foreign, were approved across various licensing categories to provide payment services.

    “The interest of the investors both local and international continues to increase on the account of the favorable regulatory regime and the abundance of opportunities. Similarly, the bank is noted for its open-door policy and constructive engagement with industry stakeholders, prospective service providers, and innovators.”

    The Director said considerable resources have been invested in studying and monitoring the development of virtual assets and similar products including decentralized finance applications, and non-fund road tokens, among others.

    “The Ghanaian ecosystem is still an upcoming frontier market and therefore it takes these studies and findings seriously. Our regulatory stance is in line with our mandate to ensure the financial stability of which consumer protection and financial integrity are an essential component,” he stated.

    Mr Oppong said: “To this end, the Bank of Ghana would continue to monitor development and implement measures to forestall any risk in the ecosystem in collaboration with other regulators and stakeholders where necessary.

    “Any regulation issued will be in line with our quest to promote safe, sustainable, and inclusive innovation that kindle the confidence in the ecosystem, and I must emphasize that consumer trust is of utmost importance to any financial service industry and in this case a key ingredient to achieving our financial inclusion goals.”

    Mr Andrew Fassnidge, Founder of Africa Tech Summit Kigali and London, said the purpose of the summit was to discuss and connect people to do business and was attended by key stakeholders like startup ventures, banking regulators, and investors.

    The expectation was to see the growth of crypto across Africa and a new wave of DeFi to drive business and investment.

    Summit Four hundred Fintech and Crypto Industry leaders from across Africa would converge in Accra from September 27-28, 2022, at the Africa Money and Decentralised Finance (DeFi) Summit – West Africa edition.

    The leading business Summit would connect 400 plus delegates, 150 plus companies, and 50 plus speakers who would cover topics via panel sessions, keynotes, and fireside chats, plus multiple networking events, masterclass sessions, and a sold-out exhibition.

    A statement copied to the Ghana News Agency by Andrew Fassnidge, Founder of Africa Tech Summit said: “We are delighted to be hosting the West African edition of Africa Money and DeFi Summit in Accra, showcasing fintech leaders, crypto innovators, new rising ventures, and investment opportunities across the region.

    “The growth of crypto across Africa continues and a new wave of DeFi is growing, so it’s exciting times in the digital finance space for driving business and investment forward.”

    The Africa Money and Summit West Africa is a leading African fintech, decentralised finance, mobile money, and the crypto event brought by curators of the Africa Tech Summit series and provides insight and networking within the Pan-African Fintech, DeFi, and Crypto ecosystem.

  • Supa Gaeta releases ‘Road to DND’ EP

    This tape features Bryan The Mensah, Yung Pabi, Kirani Ayat and many other young cats in the Accra drill pop scene.

    Born Solomon Boako-Aggrey, Supa Gaeta is a Ghanaian Afro-fusion musician, producer and sound engineer who loves blending urban, high-life, hip-hop and trap sounds. He is a young prolific genius who got into beat-making early in his life because he loved to experiment on sounds that he had heard in other songs, movies and any form of melody he came across.

    Supa Gaeta began to make music in high school as a hobby where his craft and style were heavily influenced by the late 90s and early 2000s Hip-hop, RnB and Hiplife by listening to the likes of Aaliyah, Bow wow, B2K, Static Major of Playa, Pretty Ricky, Ofori Amponsah, Kofi Nti and others.

    His skits and freestyles on his social media when he took on music as a career received nods from industry giants including Mr Eazi, Kizz Daniel, GuiltyBeatz, Jae 5, Magnom Beats and more.

    Afterwards, Supa Gaeta released his long-awaited ‘SUPA SZN’ with appearances from Oxlade, Blaqbonez and Wavy The Creator.

    “It is important to me to tell my story how I know how to. All my experiences; the good, the bad, the ugly, Supa Gaeta said.

    Source:ghanaweb.com

  • Passport applicants stranded as passport booklet runs out over unpaid debt

    Some citizens who have applied for passports are enraged because passport offices around the nation are unable to give their passports despite the passing of their collecting dates.

    Starr News sources claim that the passport office is currently only handling priority cases since the supplier of the passport booklet has refused to provide due to unpaid payments.

    “The Chinese firm that supplies the booklet hasn’t given us any since a while ago since we owe them money.
    The last three weeks have seen us unable to print new passports.
    We are hoping to break the deadlock soon,” a passport office employee told Starr News on Thursday.

    A frustrated passport applicant Mavis Adjei told Starr News ” I was supposed to receive my booklet last week and they keep tossing me and I need to travel next week”.

    Another applicant James Quaye said he applied for a passport in Koforidua in the hope of receiving it in time for a visa appointment but now he is caught in the situation.

    Attempts for a response from the passport office on the development have proved futile as our calls to them have remained unanswered.

  • It was the right time to move to Germany – Bayer Leverkusen forward Hudson-Odoi

    Ghana target Callum Hudson-Odoi says it was the right time to move from England to join Bayer Leverkusen ahead of the 2022 World Cup.

    The 21-year-old joined the Bundesliga side on a season long loan in the recent summer in order to get game-time under his belt after falling out of favour under Thomas Tuchel at Stamford Bridge.

    The move was sanctioned by owner Todd Boehly in the summer with both parties agreeing that first team football was necessary in order to help Hudson-Odoi reach his full-potential.

    “Coming out here my aim was to get as many games as possible and build on the fitness that I haven’t really had in the last couple of seasons for Chelsea,” he said

     

    “Game wise I have been playing a lot here and I’m really enjoying it and every moment here, trying to help the team as much as possible, scoring goals and assisting goals, just doing whatever even it’s not scoring or assisting, just being influential in the team.”

    Hudson-Odoi has made five appearances for Bayer Leverkusen across all competitions and provided one assist.

  • This is why fans of Shatta Wale have removed their profile photos on Facebook

    Shatta Wale has requested that all his loyal fans on Facebook should pull down their profile photos by keeping them blank ahead of the release of his much-anticipated Gift Of God (GOG) album logo.

    Lo and behold, the request from the leader of the Shatta Movement has been granted by his fans.

    Shatta after taking the lead by removing his photo has witnessed hundreds of his fans join the campaign of removing their profile photos on social networking platforms.

    “Keep your profile picture space blank like mine and let’s pray for a day before I drop THE NEW GOG LOGO FOR OUR ALBUM. God bless you all for waiting! It’s called patience,” read his first announcement on September 29.

    In a separate post, the Dancehall singer added there is a special blessing for fans who obey his directive.

    “Am sorry but if you don’t change your profile to blank, you won’t get the blessings I am asking God for us all. It’s a Gift from God. #Beleive.”

    As earlier announced by the famous singer, his much-talked-about GOG album will be released on October 17, 2022, to mark his 38th birthday.

    See the posts below:

    Source:ghanaweb.com

  • US$100m missing from Ghana’s petroleum revenue – Minority alleges

    According to the Minority Caucus of Parliament, Ghana Petroleum’s revenue for the first quarter of 2022 may have vanished up to $100 million.

    The minority claims that the $100 million can no longer be accounted for since it was transferred to an offshore account without the consent of parliament by Ken Ofori-Atta, the finance minister.

    According to a statement by John Abdulai Jinapor, the ranking member of the mines and energy committee, which GhanaWeb quoted, the minority claimed that the US$100 million came from the sale of 944,164 barrels of petroleum from the Jubilee and TEN fields.

    “The Minority in Parliament has noted with serious concern the inability or refusal of the Akufo-Addo/Bawumia led Government to account for over $100Million accruing from Ghana’s Petroleum lifting in the first quarter of 2022.

    “The decision by the current NPP Government to transfer revenues accruing from about 944,164bbls of crude lifting in the Jubilee and TEN fields to a company established in a safe haven (outside Ghana) without parliamentary approval, amounts to a gross violation of the Petroleum Revenue Management Act, 2011 (Act 815) and Public Financial Management Act (Act 921).

    “We have become aware that following the acquisition of a Seven percent (7%) interest in the Occidental (Oxy) transaction in respect of the Jubilee and TEN Fields by the Government ostensibly for GNPC in 2021, the Minister of Finance has clandestinely ceded the shares to an offshore company known as JOHL (a company set-up in the Cayman Islands) in a very surreptitious and opaque manner,” parts of the statement read.

    It added that Ken Ofori-Atta must as soon as possible find the missing money and transfer it to the Petroleum Holding Fund (PHF) of the state.

    Read the full statement below:

    For Immediate Release

    29 -09- 2022

    US$100 MILLION WORTH OF GHANA’S OIL MONEY MISSING – MINORITY RAISES CONCERN

    The Minority in Parliament has noted with serious concern the inability or refusal of the Akuffo-Addo/Bawumia led Government to account for over $100Million accruing from Ghana’s Petroleum lifting in the first quarter of 2022.

    The decision by the current NPP Government to transfer revenues accruing from about 944,164bbls of crude lifting in the Jubilee and TEN fields to a company established in a safe haven (outside Ghana) without Parliamentary approval, amounts to a gross violation of the Petroleum Revenue Management Act, 2011 (Act 815) and Public Financial Management Act (Act 921).

    We have become aware that following the acquisition of a Seven percent (7%) interest in the Occidental (Oxy) transaction in respect of the Jubilee and TEN Fields by the Government ostensibly for GNPC in 2021, the Minister of Finance has clandestinely ceded the shares to an offshore company known as JOHL (a company set-up in the Cayman Islands) in a very surreptitious and opaque manner.

    The Minority is very much alarmed that contrary to requirements of the PRMA, revenues accruing from the nation’s oil fields are not being paid into the Petroleum Holding Fund (PHF), which has been confirmed in the 2022 semi-annual report on petroleum receipts by the Public Interest and Accountability Committee (PIAC).

    As if this is not enough, the report further reveals that Capital Gains Tax was not assessed and collected by the Ghana Revenue Authority (GRA) in the sale of the 7% interest by Anadarko in the Jubilee and TEN Fields in 2021.

    This NPP Government is proving by the day, that the nation’s oil resources cannot be entrusted in their care because not long ago the PIAC under the chairmanship of Dr. Steve Manteaw accused them over their inability to account for about GHȼ2 billion of Ghana’s oil cash for the 2017, 2018 and 2019 fiscal years.

    This is surely another “Agyapa” deal in the making and we as a Minority will not sit aloof for this Government to raid the national purse, especially at a time when the nation is struggling to raise much needed revenues for critical expenditure.

    We demand that the Minister of Finance and for that matter Government, must with immediate effect repatriate all such illegal transfer payments back into the Petroleum Holding Fund (PHF).

    Failure to comply with our ultimatum will compel the Minority to use the necessary parliamentary processes to haul the Minister of Finance to parliament for possible censure.

    John Abdulai Jinapor
    (Ranking Member, Mines and Energy Committee)

  • Cedi appreciation: Ofori-Atta must be dreaming – Prof. Steve Hanke jabs

    Finance Minister Ken Ofori-Atta, according to Johns Hopkins University professor of applied economics Steve Hanke, has lost touch with reality on the performance of the Cedi.

    On September 29, he said in a tweet that Ofori-Atta was “dreaming” to believe that the Bank of Ghana’s efforts to ensure the Cedi regains its value were “paying off.”

    The Bank of Ghana’s attempts to control cedi depreciation, according to Ken Ofori-Atta, Ghana’s finance minister, are “paying off.”
    Ofori-Atta must be dreaming, spoiler alert.
    “The cedi has lost over 40% of its value against the USD since January 2020,” Prof. Hanke tweeted.

    The economist who runs a project called ‘Troubled Currencies’ has consistently written off the local currency as the ‘central bank junk currency’ insisting that the only way to curb it depreciation was the installation of a currency board.

    The Cedi has in recent times been experiencing a free fall against major trading currencies such as the US dollar.

    At a point, some forex bureaus sold a dollar at GH¢10. The Bank of Ghana through its frequent hiking of the monetary policy rate has been trying to curb the situation.

    The Finance Minister at a briefing on September 28 outlined other measures such as a Special Foreign exchange auction for bulk distribution companies and a Gold Purchase Programme which the central bank was implementing to stabilize the fall of the Cedi.

    “As part of measures to shore up our reserves, improve exchange rate stability and address some of the funding needs, the Ministry successfully worked on a US$750 million Afreximbank loan facility which was received in August 2022,” he explained.

    “The traditional Cocoa Syndication Loan, expected in the last quarter of 2022 which will promote the cocoa sector, will further help us build our FX reserves and provide a strong buffer for the cedi in the last quarter of the year,” Ken Ofori-Atta added.

    As at July this year, for instance, the cedi lost its value by more than 20 percent to the US dollar.

    In addition, recent economic downgrades by international rating agencies such as Fitch and Standards & Poors’ has also impacted the investor community at large, while Ghana awaits an International Monetary Fund, IMF, support programme which is expected to be accessible in 2023.

  • ‘Pure rubbish and nonsense!’ – DKB fumes after ECG blunder

    Filming and voicing out his frustration in the dark, a livid Derrick Kobina Bonney (DKB) was concerned about the technical challenge that has affected prepaid metering systems making it impossible for customers to top up.

    The situation has led to some customers sleeping in darkness as the purchase of electricity credit for prepaid metres has sadly been interrupted.

    “Prepaid network down, can’t buy lights, darkness everywhere! But I have to wait on NDC before I’ll know if I’m in darkness! Pure rubbish and nonsense!” the comedian fumed in a tweet, Thursday.

    In the video clip that had the aforementioned caption, DKB could not fathom why genuine concerns are diluted for political expediency. He noted that whenever concerns are raised, there is a swift attempt by a section of the public to politicize the matter, a posture he condemned without equivocation.

    “In this country, if there is a socio-economic problem bothering you and you complain about it, they’ll tell you you’re manipulated by the opposition,” he said.

    “Since morning that we’ve not had prepaid to buy and our lights are off, me as a human being, as a Ghanaian, I can’t see that I don’t have light so I need to wait for NDC to tell me that I don’t have light so that I’ll complain about it and it will unpopularize NDC.”

    Meanwhile, the Electricity Company of Ghana has in a statement assured the general public of its resolve to surmount the challenge.

    “Affected customers should please note that our ICT team is working assiduously to correct the anomaly and restore the system to normalcy. We apologise for the inconvenience caused by this technical challenge,” parts of the statement read.

    Some customers in Volta, Kumasi, Accra, Takoradi, Tema, Cape Coast, Kasoa, Winneba, Swedru, Koforidua, Nkawkaw, and Tafo have been affected by the hiccup.

    Sourc:ghanaweb.com

  • Energy Minister promotes offshore oil blocks to investors

    Dr. Matthew Opoku Prempeh, the energy minister, is currently on an oil and gas roadshow in Houston, Texas, with top representatives from the Petroleum Commission, the Ghana National Petroleum Corporation (GNPC), and GOIL.

    The delegation, which also includes representatives from Base Energy, is in Ghana to promote five open oil blocks.

    These are the Southwest Saltpond block, the Expanded Shallow Water Tano (ESWT) block, the Deep-Water Cape Three Points Block, the Offshore Cape Three Points South Block, and the Shallow Water Cape Three Points Block.

    At a strategic roadshow event that was planned to coincide with the maiden Africa-Houston Energy Summit, the minister said Ghana has four Sedimentary basins of significance to oil and gas: namely the Western, Central, Eastern and Voltaian.

    Dr. Opoku Prempeh said the Western basin has Ghana’s three actively producing deep-water oil and gas fields. Dr. Prempeh added that the Voltaian basin is onshore and the remaining two are largely offshore. Most parts of the offshore basins are open for E&P activities.

    “GNPC is currently exploring the Voltaian Basin to establish its prospects, following which the basin will be open to investors,” he said

    The minister, who doubles as Member of Parliament for Manhyia South, told investors that the Jubilee Field became Ghana’s first commercial deep-water discovery which further deepened the interest for deep-water exploration in Ghana.

    “Having fast-tracked development of the Jubilee Field, first commercial oil production commenced in December 2010 – barely 40 months from discovery,” he added.

    “Two new fields (Tweneboa-Enyenra-Ntomme (TEN) Field and Sankofa-Gye Nyame Field) have since been brought onstream for production, in 2016 and 2017 respectively.

    “The three producing fields currently provide an average daily production of about 150,000 bbl/d from a peak production rate of approximately 200,000 bbl/d.”

    He further emphasised Ghana’s stable political and business climate, its highly prospective sedimentary basin with commensurate high exploration success rate, its guaranteed and attractive fiscal terms and the country’s well-defined legal and regulatory framework.

    Opoku Prempeh also highlighted the availability of existing architecture to support infrastructure-led exploration, which shortens the time between exploration and production. He thus urged investors to find in Ghana a friend and partner.

    The minister also participated in a roundtable discussion with colleague ministers at the Africa-Houston Energy Summit, and it is expected that he will be heavy on the investment opportunities in Ghana’s upstream petroleum space.

  • Video that a student was stabbed to death is fake – UCC SRC

    The Students’ Representative Council (SRC) of the University of Cape Coast (UCC) has described as “fake” a viral video making rounds that a female student has been stabbed to death on campus.

    The video, which shows blood stains all over in a hostel, is making rounds on social media, suggesting the threatening security situation students at UCC are facing.

    But in a release issued on Thursday night, the SRC urged students to disregard the video and “go on with academic activities as measures are being put in place to ensure their safety”.

    The release signed by the Public Relations Officer of the SRC, Pascal Korbla, said there has not been any such incident as captured in the video and the Office of the Dean of Students and the SRC have put in place security measures to combat any insecurity on campus.

    “Kindly note that the SRC has embarked on a security campaign led by the diaspora security chairperson to sensitise students on security issues.

    “Also, the SRC has beefed up security by adding fifty-five more watchdogs to the existing security personnel of the University,” it said, adding that so far 35 watchdogs have been deployed to Amamomma, Kwasipra, Apewusika and Ayensu.

    It noted that one assailant has been arrested and currently in police custody.

    “Students are to rest assured that the Office of the Dean of Students and the SRC have put in place robust measures to curtail any insecurity on campus.”

    Source: 3news

     

  • We are open to dialogue – BoG on cryptocurrency trading

    The Bank of Ghana (BoG), which oversees the banking industry, has made it clearer than ever that it is open to discussions with cryptocurrency stakeholders about a comprehensive regulatory framework for the asset class, which could signal the start of a new era in the country’s journey toward digital finance.

    During his remarks at the West African Edition of the Africa Money & Decentralised Finance (DeFi) Summit held in Accra, Kwame Oppong, the BoG’s Head of FinTech and Innovation, outlined the position of the organization.

    Currently, cryptocurrencies are not legal tender as they are not regulated under any of the country’s laws; as such, they are not backed by any guarantees or safeguards and the central bank has had to issue cautionary directives to banks and other financial entities against dealings in cryptocurrency among other unregulated financial tools.

    In a recent cautionary statement, the BoG said: “The Bank of Ghana advises the general public to exercise caution in respect of cryptocurrency transactions.

    “The Bank further directs all licenced institutions – including banks, specialised deposit-taking institutions, dedicated electronic money issuers and payment service providers – to refrain from facilitating cryptocurrency transactions via their platforms or agent outlets”.

    However, in a more conciliatory tone Mr. Oppong stated that the regulator is willing to find a middle ground with the crypto community as long as it does not mean sacrificing the consuming public’s welfare.

    “As a regulator, we are open to dialogue with the cryptocurrency industry for mutual appreciation of our mutual perspectives toward a more altruistic model and regulatory outcomes in which consumer interest and protection are pre-eminent,” the watchdog’s representative remarked.

    Since its inception, cryptocurrency has drawn the ire of regulators as it attempts to replace fiat currency without the accompanying regulation. Critics have said the checks and balances system of blockchain technology, on which it is based, is not sufficient to guard against fraud, money laundering and terrorism financing threats inherent in virtual currency operations.

    These fears have been heightened following instances of high-value fraud and a nose-dive of the leading cryptocurrency – Bitcoin – from an all-time high of just under US$69,000 per Bitcoin in November 2021 to under US$20,000 in September 2022, with some analysts forecasting a dip to US$12,000 by the end of the year.

    Nonetheless, regulators have begun to concede some ground; most notably by asking crypto exchanges to introduce know-your-customer (KYC) verifications.

    Mr. Oppong noted that the BoG has been proactive in engaging developments driven by technology, saying it is the reason the Bank of Ghana has an open-door policy for engagement.

    “We will continue being open to the understanding, interests, concerns and opportunities of all stakeholders to forge a collaborative solution that can help achieve our shared goals and expectations,” he said.

    ‘In our effort to promote fintech, though much progress has been made, there is so much more to be done,” he added.

    He charged participants at the Summit to endeavour to contextualise innovation to address the peculiar challenges of the Ghanaian ecosystem, and by extension those of other emerging markets – with financial inclusion being a key element.

    Founder of the Africa Tech Summit, Andrew Fassnidge, is optimistic that the meeting’s outcome will prove mutually beneficial in engagements with regulators.

  • Murdered Canadian-based Ghanaian, sister laid to rest on same day

    A Canadian-based Ghanaian, the late Frank Kofi Osei, who was said to be gruesomely murdered by his side chick has finally been laid to rest.

    One can recall that the late Frank Osei, while in Ghana for preparations towards his elder sister’s funeral, was allegedly murdered (poisoned and stabbed multiple times) by his lover named Safinatu Mohamed sometime in August 2022.

    However, in the latest update, the deceased and his sister have finally been buried in their hometown in the Ashanti region.

    It was rather a heart-wrenching sight to behold as their inconsolable mother could not bear the sight of the caskets containing the remains of her two children placed before her.

    In a separate part of the video, the late Frank’s wife was captured standing beside her husband’s coffin in tears while performing some rituals which required her to take off her wedding rings and place them on the casket.

    Notable among individuals present at the funeral was popular gospel musician, Mama Esther, who sang to console the mother of the deceased.

    Meanwhile, the prime suspects in the late Frank’s murder case, Safina and her accomplice, Michael Fiifi Ampofo, have been charged with two counts of conspiracy to commit murder and murder by the Adenta District Court.

    Watch the video below:

    Source:ghanaweb.com

  • I’m very happy to be able to contribute to the team – Ghana striker Inaki Williams

    Athletic Bilbao forward Inaki Williams is elated to represent Ghana after switching his international allegiance ahead of the 2022 FIFA World Cup in Qatar.

    Black Stars ended their September pre-World Cup friendlies with a 1-0 win over Nicaragua on Tuesday.

    Sporting Lisbon youngster Issahaku Fatawu netted the only goal of the game in the 35th minute in Lorca, with a rasping left-footed shot from outside the penalty area.

    “I am very happy and very happy to be able to contribute to the team from the part that has touched me today, which has been from the beginning. I am very proud and I have good feelings for what is to come,” he said.

    “The truth is that I am enjoying Ghana.”

    Ghana will take on Switzerland in another preparatory game on November 17, seven days before their opening game at the 2022 FIFA World Cup against Portugal.

    The 2022 FIFA World Cup takes place between November 21 and December 18.

    Source; footballghana

  • Forex bureaus sell $1 at GH¢10.50, BoG GH¢9.56 as at September 30

    Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra.

    On the Interbank forex rates from the Bank of Ghana today, September 30, 2022, the Ghana Cedi is trading against the dollar at a buying price of 9.5537 and a selling price of 9.5633.

    As compared to yesterday’s trading of a buying price of 9.5435 and a selling price of 9.5531. At a forex bureau in Accra, the dollar is being bought at a rate of 10.30 and sold at a rate of 10.50.

    Against the Pound Sterling, the Cedi is trading at a buying price of 10.5502 and a selling price of 10.5626 as compared to yesterday’s trading of a buying price of 10.2650 and a selling price of 10.2782.

    At a forex bureau in Accra, the pound sterling is being bought at a rate of 11.90 and sold at a rate of 12.00.

    The Euro is trading at a buying price of 9.3364 and a selling price of 9.3466 as compared to yesterday’s trading of a buying price of 9.1997 and a selling price of 9.2098.

    At a forex bureau in Accra, Euro is being bought at a rate of 9.55 and sold at a rate of 10.42.

    The South African Rand is trading at a buying price of 0.5307 and a selling price of 0.5309 compared to yesterday’s trading of a buying price of 0.5316 and a selling price of 0.5323.

    At a forex bureau in Accra, South African Rand is being bought at a rate of 0.45 and sold at a rate of 0.80.

    The Nigerian Naira is trading at a buying price of 45.6955 and a selling price of 45.8168 as compared to yesterday’s trading of a buying price of 45.7987 and a selling price of 45.8982.

    At a forex bureau in Accra, Nigerian Naira is being bought at a rate of 12.00 Naira for every 1 Cedi and sold at a rate of 15.50.

    Watch the latest episode of BizTech below:

    BizTech: How artificial intelligence is predicting consumer sentiments, growth decisions

  • Possible IMF bailout programme to boost investor confidence – ISSER

    Professor Peter Quartey, an economist, is optimistic that the potential bailout plan from the IMF will increase investor confidence in Ghana.This comes after the Ghanaian government and representatives of the Fund started the exhaustive debt sustainability research that is necessary to come to an agreement.

    A $3 billion dollar goal has been set for Ghana through an economic support program.

    Speaking on the development, Prof. Quartey stated that the parties’ desire to negotiate a settlement will send a good message to investors.

    “The IMF has its own processes that it goes through to ensure that it comes in to rescue the situation. Some might take six to twelve months. We heard the IMF director say hopefully by December, all things being equal, we’d have the program so we’re hoping for that.”

    “Although given the situation that we find ourselves, we need an injection of foreign currency into the country. But the fact that the IMF is engaging Ghana and there is progress, I believe it’s gradually bringing in some confidence into the economy and I believe some investors, despite the Fitch downgrade, will still be looking at Ghana favourably in the coming months.”

    The Director of the Institute of Statistical, Social and Economic Research at the University of Ghana said this in an interview with Citi Business News.

    In the course of this year, demand for forex has overtaken supplies at a time when high debts and low investor confidence have made it impossible for Ghana to access the international capital market for borrowing.

    This has led to the downgrading of Ghana’s creditworthiness to junk status by international rating agencies, culminating in the depreciation of the local currency, and other economic challenges.

    The situation has since compelled Ghana to enter negotiations with the International Monetary Fund for a possible economic support programme which is expected to be accessed in 2023 once an agreement can be reached.

  • We can make good impression in the World Cup – Ghana skipper Andre Ayew

    Ghana captain Andre Dede Ayew is confident the Black Stars will make an impact at this year’s FIFA World Cup in Qatar.

    Black Stars secured a 4th FIFA World Cup tournament having participated in 2006, 2010, and 2014 in Germany, South Africa, and Brazil after drawing 1-1 against Nigeria in the return leg of the final play-offs at the Moshood Abiola National Stadium in Abuja to seal qualification on the away goals rule.

    Ghana will take on Portugal in their first game in Group H. The Stars will then take on Uruguay in a repeat of the 2010 World Cup quarter-final and South Korea in the other group games.

    “Personally, I knew what was supposed to be done and took advice from people, including some senior former players, on things to do to qualify,” Andre Ayew told Graphic Online.

    “And honestly, since we qualified for the World Cup a lot of things have changed, the confidence and belief are back; now we just have to get stability and a lot of games together, and I think we can make a good impression in this World Cup.”

    The 2022 FIFA World Cup takes place between November 21 and December 18

    Only three sides from the continent have ever progressed to the quarter-finals; Cameroon in 1990, Senegal in 2002, and Ghana in 2010.

     

  • Why the banking sector crisis was not systematic – Alhassan Andani explains

    Alhassan Andani, a former president of the Ghana Association of Banks, referred to the recent financial crisis as an institutional one.

    This comes after certain stakeholders claimed that the government’s choice to close down specific banks during that time was systematic.

    But Alhassan Andani sharing his view on the crisis said top industry players had taken note of certain banks’ operations and adopted precautionary measures even before the regulator raised red flags against insolvent banks.

    He however said the Bank of Ghana should have realised the situation much earlier and taken the needed measures to salvage it but instead continued to provide liquidity support to some defaulting banks.

    “Instead of the regulator [BoG]… stepping in at the right time they were getting liquidity support. But typically, the liquidity support from the banking sector clears within the banking sector,” Andani said in an interview with Accra-based Joy News.

    He further disclosed that the situation at the time saw key banks which were exposed to defaulting risks and believe that, collapsing such banks, would have had a resonant effect on the economy.

    “In the morning there will be a bank that has surplus cash and they know that I can’t use that because there’s a bank that has cash needs so you’ll throw it within a certain agreed limit and then it clears out the next day, all those are what we do,” Mr Andani revealed.

    “But when you’re cornered, you’re always out there in the market picking up someone who will say ‘what’s happening to this bank?’ Then people start to withdraw their [funds]. So, at the peer level, certain banks knew that other institutions within that space were not healthy enough and therefore cut off their lines of credit,” he explained.

    He continued, “That should have been a signal to the Central Bank. And if you go there for liquidity support number one and come back number two, there’s a problem. Somebody should be sitting there helping you to balance your assets and liability.”

    Mr Andani however opined that liquidity support for defaulting banks should have somewhat ended to allow some banks to collapse on their own merit.

    “…Yes, and then we would have had one institution gone and the others would be resolved, instead of trying to condone as many of them as possible then you had such a huge institutional impact. But even then, look at it, none of the top 10/12 banks were impacted because it was not systemic.”

    “Systemic is where you believe that this bank was healthy and everybody was dealing with them and suddenly they couldn’t meet up. Then the default of one bank will affect a healthy bank because that healthy bank had exposures to the defaulting bank. That’s systemic risk,” the finance expert said.

    “But in the case of what happened in Ghana, there was very little systemic risk because we know those that were already at the bottom ready to go,” he concluded.

    The financial sector clean-up exercise was undertaken in 2017 by the Bank of Ghana. It saw the revocation of operating licenses of some eight banks, 23 savings and loans companies and more than 400 specialised deposit-taking institutions (SDIs).

    BoG Governor, Dr. Ernest Addison has said among other things, the receivership process found that most directors of collapsed financial institutions failed in their fiduciary responsibilities to customers and other stakeholders.

    He added that while some of the directors could not account for the activities in their institutions, others were unable to account for depositors’ funds.