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Tribal Politics Rocks NDC; Ashanti chair says hate campaign are being waged against him because he is Fanti

The Chronicle - Mar, 27/09/2022 - 8:24pm

Johnny Osei Kofi – Secretary to the Committee, former Deputy Chief of Staff and Nana Kwesi Andrews, Ashanti Regional NDC Chairman

The embattled Ashanti Regional Chairman of the National Democratic Congress (NDC), Augustine Nana Kwesi Andrews, says hate campaigns are being waged against him because  Ashanti Council of Elders of the party, who are generally indigenous Ashantis are not comfortable that he, a Fanti, and his secretary, an Ewe, who are settlers should lead the party in the region.

Speaking in an interview with The Chronicle in Kumasi, chairman Andrews said had done nothing wrong yet a seven member Fact Finding Committee had issued a report making a series of allegations against him and his secretary, Kwame Zu.

He described the report as useless and baseless since it has no credibility. This is because the membership of the committee have their own individual biases against him and the Regional Secretary, besides the Council of Elders had no locus to form the committee in the first place.

The chairman, who was reacting to The Chronicle publication last week, said the duo (chairman and secretary) were at post and had not been indicted because they were not aware of any such report.

He indicated that he had been advised against appearing before the Committee by both the National Chairman and the General Secretary of the party, but decided to avail himself out of respect for the members.

According to Nana Kwesi, as he is simply called, he has not been served with a copy of the said report, let alone been briefed about its details, five months after the Committee had completed its so-called findings.

Days after the declaration of the 2020 election results by the Electoral Commission (EC), the former Ashanti Regional Security Co-ordinator, Mr. Enoch Amoako-Nsiah in an interaction with some media men alleged that some NDC Regional Executives compromised their positions to the detriment of their own party’s interest.

He maintained that some of the figures announced by the EC in the Ashanti region were doctored in favour of the NPP and, therefore, did not represent the true reflection of the results. Some members of the party in the region held the view that the poor performance of the party might have been due to the fact that NDC as a party was not able to put its house in order to collate its own results before the declaration of official results by the EC.

Mr. Amoako-Nsiah indicated in his encounter with the press men that, he was of the opinion that some of the Regional Executives might have sold out the fortunes of the party to their political opponents.

These allegations called for the appointment of the 7-member fact finding Committee by the Ashanti Regional Council of Elders. However, the Committee made recommendations without any evidence of the allegations by Amoako-Nsiah.

Nana Kwesi believed the development is an agenda to dent their image in the run up of the party’s upcoming Regional elections and saw it as part of a grand scheme by his opponents to frustrate his re-election bid at the impending elections.

The embattled Regional party chairman revealed that he was aware of a hate campaign that had been initiated against the backdrop that the Ashanti Council of Elders, who are generally indigenous Asantes, are not comfortable that both the Regional Chairman (Fante) and Secretary (Ewe) are settlers and believe his woes are as a result of political witch-hunting, tribalism and mere hatred.

He said the report of the Committee was to settle personal scores, as the Secretary to the committee had openly indicated he was against him (Nana Kwesi) and that the Committee was doing the bidding of interested parties in impending elections.

While the chairman of the Committee is vying for the Vice Presidential slot, Yaw Owusu Obimpeh, a former Regional chairman of the party is staging a comeback as the regional chairman, with Enoch Amoako-Nsiah, the prime accuser, also eyeing the Regional chairmanship slot of the party.

But Nana Kwesi has deflated the claim by the committee that he was incompetent and questioned who else could perform better after he had increased votes from 493,000 in 2016 to 653,000 in 2020 – representing 26.1% and worked to secure four parliamentary seats from three for the party.

Meanwhile, The Chronicle has gathered that “The Ashanti Project -Ashanti for Asantes” has been initiated by the Ashanti Caucus of the NDC to compel the Regional Chairman to step aside for an indigenous Ashanti to take over, while an Ashanti indigene is elected as the Regional Secretary.

While the proposed “The Ashanti Project” is allegedly being spearheaded by party gurus in the region, others such as Madam Betty Mould Iddrisu and Dr. Agyemang Mensah are opposed to this tribal bigotry and onslaught against chairman.

The post Tribal Politics Rocks NDC; Ashanti chair says hate campaign are being waged against him because he is Fanti appeared first on The Chronicle News Online.

Categorie: Ghana

3 families battle over severed head of Badu Bonsoe

The Chronicle - Mar, 27/09/2022 - 8:16pm

Three families and two persons in Ahanta in the Western Region are claiming ownership of the severed head of Otumfuo Badu Bonsoe II, the Ahanta Chief who was decapitated by the Dutch in 1838.

The three families are the Ahamanza Royal Family, Anona Royal Family of Busua, and Mmevile Royal Ackade Family, and two other persons.

The families claim that the beheaded Chief was a member of their linage and as such, reserved the right to have access to the head and that it be regarded as royal.

To give credence to their claim, the three have consequently filed a formal petition before the Ahanta Traditional Council (ATC), awaiting a determination.

But, even before the determination of the petition, the battle for recognition as royals of the beheaded Chief appears to have taken an ugly side, as one of the families – the Anona Royal Family of Busua – reportedly attempted to take over the Palace of the Ahanta Traditional Council last Friday.

Information available to The Chronicle indicated that the family allegedly tried to invade the Palace with a group of macho men, and it took the intervention of some royals from the Tradition Council to repel the riot.

Although the Secretary to the Ebusuapayin of Royal Anona Family of Busua denied the allegation in a telephone interview with the paper, the case is currently before the Agona Nkwanta Police Station.

He said they went to the Palace to present a judgement secured in their favour, which recognises the family as the Ebusua of the Paramount Chief.

The Secretary explained that a judgement given by a Sekondi High Court recognised one Nana Kwasi Bediako as the Ebusuapayin of Ahanta, but the children of the Paramount Chief are resisting the court’s decision, as well as creating a misunderstanding.

Even though the alleged judgement, sighted by this reporter, made no mention of their claim, the Secretary still maintains his stance.

Meanwhile, information available to this reporter indicates that following the petition filed by the three separate families, the Palace has directed a Standing Committee of eminent personalities to look into the matter.

A member of the Standing Committee, who spoke to this reporter on condition of anonymity, confirmed the information, and disclosed that the committee was yet to be constituted.

According to the member, following the important nature of the petition, the committee was considering inviting a lawyer, judge, and some chiefs to constitute its membership.

He added that the Standing Committee had met the petitioners and informed them that it would come up with a fee to cater for the work of the eminent committee.

The deep throat member of the Standing Committee stressed that two of the petitioners, particularly the Royal Anona Family, led by one Kwasi Bediako, had rejected the fee.

When Ebusuapayin Kwasi Bediako was contacted on phone, he confirmed that rejection of the budget proposed by the Standing Committee, because he did not see why, as a royal, he should honour a fee budget for a petition to be determined.

Mr. Bediako said he was ready to appear before the Committee to show evidence that the late Otumfuo Bonsoe was of his blood line, but not ready to pay a dime for the committee’s work.

“I own Ahanta land as Ebusuapayin, and my subjects cannot charge me for a work they may be doing for me,” he charged.

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Categorie: Ghana

Doe Adjaho calls for inclusive review of Free SHS

The Chronicle - Mar, 27/09/2022 - 8:12pm

The Speaker of the 6th Parliament, Rt. Hon. Edward Doe Adjaho, has called for an all-inclusive review of the government’s pro-poor policy, the Free Senior High School (SHS).

The former Speaker is advocating for the stakeholders’ conference on the sustainability, and revitalisation, as well as to re-examine the calibre of SHS products the country needed and deserved.

Mr. Adjaho said it was becoming increasingly clear that the time had come to review the current implementation of the programme, to enable the country come together and fix challenges confronting the system.

He outlined some of these challenges as congestion, lack of teaching and learning materials, funding, poor dinning conditions, acute shortages of food supplies, and double track among others.

The former Speaker of Parliament, who was speaking at the 60th Anniversary launch and sod-cutting ceremony for an ultra-modern digital resource centre for the Frankadua D/A Junior High School (JHS) in the Asuogyaman District of the Eastern Region, said: “As a country, we cannot pretend that all was well in the educational sector of the country, and we need to sit up,” he stressed.

Mr. Adjaho continued that lack of infrastructural expansion and deteriorating facilities could not be said to be the best educational system needed for the growth of the country.

He stressed that it was important to be mindful not to be interested only in mass production of SHS graduates without considering quality, and hoped that there would be an educational system that would foster national cohesion, by giving equal opportunities to the urban and rural students to develop their talents without discrimination.

Touching on the theme “Digital Literacy; A tool for National Development,” the former Speaker of Parliament noted that for the occasion it was apt, in view of the importance of digital education that had become necessary as a result of COVID-19, which, he said, had altered the way of life of Ghanaians.

He observed that digital transformation had totally revolutionised the educational landscape and concepts such as virtual learning, e-learning, remote-learning and blended learning were no longer considered novel, but crucial to the education of students.

Mr. Adjaho said a recent study published under the title ‘Digital Transformation in the Age of COVID-19,’ revealed that shortly after the outbreak of the pandemic, internet traffic increased by 60 per cent, and became more beneficial to only those who had access.

He stressed that the United Nations International Children Education Fund (UNICEF) warned that some 616 million students remained affected by full or partial school closures due to the COVID-19 destructions in Africa.

The Asuogyaman District Director of Education, Mrs. Augustina Adjoa Owusu, lauded the Frankadua D/A JHS for its high performance over the years, in terms of academics, stressing that it was one of the best public basic schools in the District.

Mrs. Owusu said the Directorate was proud of the teachers and non-teaching staff, the School Management Committee, and the Parent Teacher Association (PTA) for maintaining high academic standards over the years, which was difficult to achieve in many public basic schools.

She further appealed to parents to continue to support their wards, and asked students to learn hard to justify the investment the government and their parents were making.

The Headmaster of the Frankadua JHS, Mr. Harrison Mompi, thanked the Old Students Association of the school for their continued support and gave the assurance that the teachers were committed to their work, a reason for which the school continued to perform creditable at the Basic Entrance Certificate Examination.

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Categorie: Ghana

Yaw Obimpeh stages comeback for Ashanti NDC chairmanship slot

The Chronicle - Mar, 27/09/2022 - 8:07pm

The Ashanti region chairmanship race of the opposition National Democratic Congress (NDC) promises to be keen when nominations open in November.

Mr Yaw Owusu Obimpeh, a former Regional chairman of the party has declared his intention to wrestle the position from the incumbent, Augustus Nana Kwesi Andrews.

At a meeting with the media in Kumasi last Saturday, Obimpeh said he is coming back to ensure that the NDC wins the 2024 general elections to champion total development, especially in the Ashanti region.

The aspirant, who is claiming credit for building the regional party office during his tenure says his decision is premised on the abysmal performance of the Nana Addo Dankwah Akufo-Addo led government.

Mr Obimpeh noted that former President John Dramani Mahama had made the NDC more attractive compared to the NPP, in terms of good governance.

According to him, Ghanaians experienced a lot of developments under an NDC government, hence the need for a united force and to ensure victory at the 2024 elections and rescue the ailing economy.

He claims he is tried and tested and expressed the hope to win the chairmanship race.

The former party chairman pledged to work with everybody in the party, irrespective of one’s tribe or religious denominations, as well as strengthen the party’s structures to empower the branch executives.

He also promised to ensure that the remaining constituencies have their own  permanent offices when re-elected as the Ashanti regional chairman of the NDC.

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Categorie: Ghana

Editorial: RTI: More education to ensure compliance

The Chronicle - Mar, 27/09/2022 - 8:00pm

Access to information by the public is a right that has been guaranteed under Article 21(1)(f) of the 1992 Constitution.

The Constitution states under the aforementioned article that: “All persons shall have the right to information, subject to such qualifications and laws as are necessary in a democratic society.”

But, Ghana did not enjoy that right until March 2019, when the Right to Information (RTI) Act was promulgated into law by Parliament, received President assent on May 21, and became effective in January 2020.

Prior to the passage of the law, seekers, especially the media, had barrages of problems with providers like public institutions, since they were not willing to give out information.

We, therefore, held the view that the passage of the RTI law would make the request for information easier, but that was not so. In fact, the notion of getting information in a faster way was what threw information seekers, especially the media, into celebration when the law was passed.

Little did we know that the law was coming with its own caveats, chief among them being the fees to be charged for information given out. The issue with fees has already landed information seekers and givers in court. One of such issues involved the Fourth Estate, a subsidiary of the Media Foundation for West Africa, and the Minerals Commission.

The Commission requested the Fourth Estate to pay a whopping $1,000 before it could release information that was being sought. The Fourth Estate obviously saw the request as unreasonable and proceeded to court to get justice.

Thankfully, we may soon see an end to this issue of fees, since Parliament has now approved the fees to be charged, with regards to access to information.

In accordance with the Fees and Charges (Miscellaneous Provisions) Act, 2022, persons seeking information are expected to pay 0.27 pesewas for every photocopy of A4 size information.

The Executive Secretary of the RTI Commission has already said that the approval of the fees would provide clarity on issues relating to, and we hopes that such would be the case since it would go a long way to ease the pressure on our already crowded courts.

But, if we are to really achieve this, then those at the information giving end, especially our public institutions, should be abreast with this law so that it would be strictly adhered to accordingly.

We are saying this, because even when it comes to the giving out of information, some institutions are still reluctant, because they are not even privy to the provisions of the law, even though the government, civil society organisations, and non-governmental organisations have invested in training people on the provisions of the law.

Ghana is touted as the ‘Beacon of Democracy in Africa’, because we have been able to uphold some tenets of democracy, including peaceful elections and transfer of power from one government to the other over the years.

The Right to Information is also another tenet of democracy we must adhere to, if we still want to maintain our position on the democratic league table.

The post Editorial: RTI: More education to ensure compliance appeared first on The Chronicle News Online.

Categorie: Ghana

Influence of broken homes on children’s behaviors

The Chronicle - Mar, 27/09/2022 - 7:56pm

There have been a lot of instances of broken homes, divorced spouses, and single parents in the country. The moment these partners decide to split ways, the toll falls on the children in diverse ways one cannot imagine.

When a couple decides to end their relationship, undoubtedly it affects them, but what is worse is it affecting the child’s psychological health.

This child, who knows little to no idea of what is happening, results in it having a traumatic effect on their personality, often leading to depression and eventually suicide attempts, as they find it hard to accept the bitter reality that their parents no more live together.

Additionally, some older children may show very little emotional reaction to their parent’s divorce, which may not be developmentally beneficial, because they showing little emotional response actually means they are bottling up their negative feelings.

This suppression makes it difficult for therapists to help the child. A friend confided in me about a time he actually attempted to take his own life when he was denied the chance to pay visits to the other parent.

This could have gone really bad, I’m therefore thankful to him every day for not taking that step but choosing to hold on to life.

Children from broken homes, the males especially tend to become abusive partners themselves if the parent’s marriage was an abusive one before the split up.

They have witnessed their fathers being abusive towards their mothers, though some males vow never to raise their hand on a woman, others too decide to stand in the shoes of their fathers and replicate what they grew up seeing.

The ladies are not exempted from this influence. Those who witnessed their mothers being violent towards their fathers are more likely to be abusive toward their partners but those who witnessed their fathers abusing their mothers have vowed not to be vulnerable for any man to have his way with them.

International women like Selena Gomez, Rihanna and Demi Lovato, the men are not exempted, there is Justin Bieber and famous “Captain Jack Sparrow” Johnny Depp and when we come back home, we have our very own D-Black and the dancehall artiste, Shatta Wale who have all made names for themselves despite their past which they didn’t let control their future.

Peer influence also results from broken homes or single parenting. The child may escape into the community and find solace in his or her peer group.

Away from home, they may affiliate with a delinquent group and eventually drift into stealing, robbery, drugs, teenage pregnancy in the case of girls, celibacy, alcohol abuse, bullying and others.

Broken homes can also bring out slowed academic development in children. The emotional stress of a divorce alone can be enough to stunt the child’s academic progress, but the lifestyle changes of a broken family can contribute to poor educational outcomes, this can stem from instability in the home, inadequate financial resources and inconsistent routines.

I’m reminded of a colleague student who when asked why she was in school, her answer was quite intriguing, “I’m studying so hard to prove to my father that he leaving did not determine my future”.

With the younger kids, it is even more torturing for them. Imagine they seeing their friends being picked up from school by both parents and he is always picked up by one parent, he might lose concentration thinking about this.

Socially, children act out their distress about their broken family by acting aggressive and tending to experience anxiety which can make it difficult for them to seek positive social interactions and engage in developmentally beneficial activities such as teen sports.

They might even develop a cynical attitude toward relationships and harbor feelings of mistrust, both toward their parents and potential romantic partners.

Nightmares usually occur as a result of something happening in our lives, which is our brain’s way of adjusting, coping to changes in our lives. That’s why divorce, memories of the separation, living in a new home, these can all trigger nightmares. Unfortunately, kids tend to suffer more nightmares than adults. Though kids may not have a whole lot of worries in our lives but they have vivid imaginations.

Parents must therefore take into consideration the toll their actions can have on the child before doing things they do.

By Wilhelmina Love Abanonave

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Categorie: Ghana

Ghanaians are not demanding accountability from the extractive sector -Dr. Manteaw

The Chronicle - Mar, 27/09/2022 - 7:52pm

The Co-Chairman of the Ghana Extractive Industries Transparency Initiative (GHEITI), Dr. Steve Manteaw, has expressed worry over Ghanaians not demanding accountability from the extractive sector of the economy, despite information made available to the public.

He also noted that the GHEITI hinged on two areas, namely transparency and accountability. According to him, EITI had been able to establish transparency at the sector, but, however, bemoaned that with the numerous information made available to Ghanaians about the extractive sector, they do not demand accountability.

Manteaw argues that, per the EITI framework, it was supposed to furnish Ghanaians with information which would enable the citizenry to use the information to demand accountability from the authorities, but this had not materialised.

He said: “We have not quite managed to achieve accountability.”

According to him, the EITI theory of change presupposes that when the citizens are armed with information, they would then use the information to demand accountability from duty bearers.

To the Co-Chairman of GHEITI, this meant that the theory of change that says that transparency would begat accountability needed to be re-examined.

Steve Manteaw made these assertions at a stakeholder dissemination workshop held by the Ghana EITI reports on mining and oil/gas in Kumasi recently, under the auspices of the Ministry of Finance (MoF), and the GHEITI, in collaboration with the Deutsche Gesellschaft fur International Zusammenarbeit (GIZ).

The EITI is an initiative which involves the reconciliation of payments by the extractive industries, and receipts by the government with the ultimate aim of promoting transparency and accountability.

The event, which was attended by stakeholder in the extractive sector, sought to create the required public awareness, generate interest, and debate on the issues raised in the 2019 Report of the GHEITI. It also aimed at paving the way for stakeholder engagements on the EITI report, as requested by the EITI Standards.

According to the GHEITI 2019 Report, Ghana accrued a total of interest from her oil royalties in 2020 amounted to US$666.39, contributing to 7% of government domestic revenue for that year.

These royalties, it noted, were accrued from Carried and Participating Interest (CAPI), Corporate Income Taxes (CIT), and Surface Rentals, adding that a total of 3,711 employees were engaged in the upstream petroleum sector, out of which 500 were expatriates, with 3,211 being Ghanaians, curbing unemployment in Ghana.

In 2021, crude oil export receipts amounted to US$3.95 billion, compared to US$2.91 billion in 2020, due to higher prices, despite a decline in the volume exported.

Manteaw has, therefore, noted that there may be a need for other intervention actions to ensure that Ghana was able to render critical and very necessary transitions.

In an address which was delivered by Alhaji Bashiru Razak on behalf of the Chief Director and Chair of the Ghana Extractive Industries Transparency Initiative, the contribution of the upstream oil and gas sector to energy generation in Ghana could not be overemphasised, adding that the gas produced was supplied for domestic power generation.

He said: “In 2020, a total of 88,515.58 million Standard Cubic Feet (MMscf) of Associated Gas and Non-Associated Gas produced from Jubilee, TEN and SGN fields were supplied to various thermal plants in Ghana for domestic power generation.

A total of 580,034.37 MMSCF has, so far, been produced from 2014 to 2020, most of which has been utilised for domestic power generation in Ghana, some flared, and others re-injected.”

On the mining sector, he disclosed that in 2020, the sector contributed approximately 41 percent of total exports earnings, with 14 percent of total tax revenues, and 5.5 percent of Ghana’s Gross Domestic Product (GDP).

He indicated that gold took a giant lead among the minerals which were exported from Ghana: “Gold contributes over 90% of Ghana’s total mineral exports and makes up 49% of the country’s total export value as at December 2020. Ghana, until recently, was the leading producer of gold in Africa.”

According to data from the Bank of Ghana, spot gold price averaged US$1,799.79 per fine ounce in 2021, a marginal increase of 1.6 per cent compared to US$1,770.77 per fine ounce recorded in 2021.

In a message read on behalf of the Ashanti Regional Minister, Simon Osei-Mensah, he noted that the discovery of oil and gas in Ghana had called for the demand of better living and earning standards.

Osei-Mensah mentioned that it was, therefore, paramount that the government put in place measures to promote principles of accountability and transparency to avoid public distrust.

He indicated that EITI was primarily set to focus on revenue transparency, and has now expanded its scope to include beneficial ownership disclosure, commodity trading transparency, contract disclosure, and license allocation.

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Categorie: Ghana

COP Alex Mensah donates to Nerebehi M/A Basic School

The Chronicle - Mar, 27/09/2022 - 4:25pm

Commissioner of Police (COP) George Alex Mensah has donated items to the Nerebehi M/A Basic School in the Bekwai Municipality to aid academic activities.

COP George Alex Mensah, presenting an undisclosed amount of money to the Bekwai NHIA to be used to register about 2000 children onto the scheme.

The GH¢20,000 worth of items included mathematical sets for final years students who are due to sit for their Basic Education Certificate Examination (BECE), a lawn mower, and an undisclosed amount of money, which is to help the pupils sit their mock examinations.

He also donated an undisclosed amount of money to the National Health Insurance Authority (NHIA) of Bekwai to register about 2,000 kids in the Municipality, including his hometown, Wioso-Nerebehi.

According to COP Mensah, he celebrated his birthday, and as part of the celebration, he decided to share it with the kids and the students in his hometown. He has also promised to give the school a very ultramodern teachers’ bungalow in order to keep the teachers in the community instead of commuting from afar.

He noted that education was one of the major issues in the development of Ghana, and in the smaller communities the quality was not as high as those in the cities, adding that some parents struggled to pay small amount of money for the children in school, hence, he decided to come to their aid since education was the best legacy one could offer his or her children.

The Headmaster of the school, Stephen Ofori Debrah, who could not hide his joy, expressed appreciation to COP Alex Mensah, adding that he had not seen such a gesture ever since he came to the school.

Ofori Debrah appealed to parents to take the education of their wards seriously, since the government could not shoulder the responsibility alone.

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Categorie: Ghana

GITFiC launches book on AfCFTA

The Chronicle - Mar, 27/09/2022 - 4:20pm

To actualise the dreams of the African Continental Free Trade Area (AfCFTA) and keep it afloat, the Ghana International Trade and Finance (GITFiC) has taken a step further to launch a handbook to enable the business community of Africa understand the practicalities.

The book; ‘Actualising the African Economic Vision; A practical handbook on the AfCFTA’, which was launched at the Pacific Alliance Embassy in Accra received high patronage and would serve as the guideline for African leaders, the Academia, Trade and Finance community and all other patrons of the AfCFTA worldwide.

In his welcome address, Mr. Selasi Koffi Ackom, Chief Executive Officer of GITFiC said it took a great deal of work with several consultations, in-depth analysis, and references to come out with the final product.

“This journey began for us when we took the 3rd conference to the Headquarters of the African Union Addis Ababa in 2019 and succeeded in getting a number of stakeholders from the four corners of the continent to the 3rd conference, including; Finance Ministers, UNECA, Trade & Development Bank in Kenya. ECOWAS Bank in Lomé, Afrexim Bank in Egypt, Trade Ministers, Finance and Trade Experts, Agric, Aviation et al.”

He said in 2020, they brought Chief Trade Negotiators, Deans of Premier Universities and Senior Media men and women from Africa back to Accra to advance the conversation on the AfCFTA, when Accra was officially declared the Commercial Capital.

“Rightly so because Accra hosts the AfCFTA secretariat and has a rich history of both colonial and present, cross border trade emergence and also as the first country in Africa, south of the Sahara to gain independence.

He said in 2021 they brought monetary and financial magnets from Central Banks in Africa to major stakeholders to discuss the Pan African Payment and Settlement System and its regulatory antecedents, where President Akufo-Addo gave the Keynote address through Vice President Mahamudu Bawumia.

He said It was revealed in sections of the survey report that literature on the AfCFTA were missing and despite the gross interest in the subject matter by the public, almost nothing concrete was there to read more so, in a simplified form.

Mr. Ackom said the book was inspired by all Heads of State on the African Continent and the advent of the AfCFTA had received substantial interest and set forth a renewed sense of optimism and conviction that seeks to propel Africa into the league of global trade powerhouse.

He said the book was expected to reach every educational complex on the continent through the help of State Agencies, Continental Institutions with requisite funding and Corporate Africa at large.

“This book has been devoid of large leaflets and content. The main aim here is to encourage reading and attract same. The book comprises 10 chapters however; these 10 chapters give a complete understanding of the AfCFTA and its functional implementation structures and practically expose the reader to the opportunities within the AfCFTA with an insight of Ghana’s strategy into the AfCFTA.

“The book has diagrams, info-graphics and photos to spice reading and give a pictorial meaning to the context and content and is currently in two languages; English and French and the African Union has recommended for our immediate attention to have the book translated in all recognised languages by the Union in a message sent to us on September 7th, 2022. These languages include; Arabic, Kiswahili, Portuguese and Spanish.”

He said plans were afoot to translate it into Spanish, Arabic and Portuguese in the coming weeks. He commended Ambassador Albert Muchanga, Mr. Nyame-Baafi, Mr. Bernard Afreh, Mr. Tsornam Akpeloo and several other Chief Trade Negotiators who contributed to the practical book in diverse ways.

Madam Claudia Turbay Quintero, Colombian Ambassador on behalf of the Pacific Alliance Embassy made up of Colombia, Mexico, Peru and Chile, said the launch of the book was an opportunity for the alliance to work hand-in hand with GITFiC and AfCFTA.

She said they were forming an internal integration and that would be extended to Ghana and AfCFTA in general adding “we want to go closer to Africa.”

Mr. Bernard Afreh, Lead Consultant for the GITFiC, said the launch of the AfCFTA and the book would enhance trade and economies of Africa in succeeding and improve the lives of over 1.5 billion people. He appealed to financial institutions and Commercial and Trade communities to make good use of the literature contained in the book.

Other speakers at the programme included Mr. Tsonam Akpeloo, Greater Accra Regional Chairman of the Association of Ghana Industries, Mr. Anthony Nyame-Baafi, immediate past Chief Negotiator for Ghana, Honorable Joe Ghartey, Member of Parliament for Essikao-Ketan in the Western Region, and Ambassador Albert Muchanga.

Over 6,000 copies of the book, which has a street cover price of GH¢100, were sold at the launch. To own a copy of this book, buyers are advised to visit to order or grab a copy at Shell, Total and GOIL shops around.

Some selected supermarkets, book shops, shopping malls have been accredited to retail and distribute. Travelers can also grab copies at the airports and some selected airlines.

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Categorie: Ghana

Melcom rebranded to provide variety of products and services

The Chronicle - Mar, 27/09/2022 - 4:15pm

The Melcom Group of Companies has rebranded its logo to provide variety of products and services to expand and extend its services for the convenience of every Ghanaian.

The colors of the new logo is made up of blue, red and white to replace the old red oval wrapping of the calligraphically written Melcom to the universal location sign .

The Blue colour represents the company as being trustworthy, reliable and calm, the Red is bold strong and energetic, whilst the White stands for sophisticated, pure and pristine.

Its ambitions are not just to bring the world to Ghana, but to be a global player one day as the location pin suggests, which a universal symbol of location.

The company’s new identity, now focused on expanding product range across its categories, will blend the traditional with the modern to offer consumers world-class services at their doorstep.

Speaking at the launch of the new brand identity in Accra on Thursday, the Groups Director, Mr Sadwhani, said Customers’ expectations have evolved in recent years.

He emphasised that in order to satisfy the shifting expectations of its clients, the business must adapt and concentrate on increasing the bar in the delivery of its services.

“The company would invest in technology and leverage on its economy of scale to improve its original cedi saver, while offering loyal customers the best value for money.” he added.

He explained that the company had also engaged the service of Best in Class Global experts to deliver customer friendly shops and enhance better customer experience.

“Retailing is detailing and it involves identifying the right item, acquiring it at the right price, distributing it to the right places in the right quantities at the right time, marketing it and successfully scanning it,” he added.

According to the Director of communications of Melcom, Godwin Avenorgbo, the product is redefined and rejuvenated across all categories from Food to Non-food to “Immaculately blending the traditional with the modern and to offer you the best in class products better than before.

“Bringing to you not just innovative packaged foods but introducing ready to eat, more QSR outlets and newer brands to suit the tastes of our customers,” he said.

To him, Melcom is in the business of not just retailing but to delight the customer across all segments of the society.

Also, its purpose as a Corporate Citizen is to give back to the society which till now has patronised us over the last 3 decades and more.

Mr. Avenorgbo explained that “Our purpose is to bring the WORLD to Ghana through our varied products and services and elevate the lives of our customers from what it is.”

The post Melcom rebranded to provide variety of products and services appeared first on The Chronicle News Online.

Categorie: Ghana

ECOWAS strengthens capacity of negotiators of AfCFTA competition policy

News Ghana - Mar, 27/09/2022 - 2:51pm
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The ECOWAS Regional Competition Authority (ARCC) and the Trade Directorate of the ECOWAS Commission organized from 20 to 23 September 2022 in Accra, Ghana, a training course on competition policy for stakeholders in the Member States with the technical and financial support of Expertise France.

The objective of this training session is to urgently provide negotiators from ECOWAS Member States with a minimum knowledge of competition policy and law. The meeting also consisted of highlighting the implications of the adoption of a competition policy at the continental level in the face of national and regional competition rules. Finally, she outlined the main lines of a common ECOWAS position within the framework of AfCFTA negotiations on competition.

The opening of the training was marked by three interventions. In his speech, Dr. Siméon Koffi, Executive Director of the ARCC, on behalf of the President of the ECOWAS Commission, welcomed the presence of all the expected national actors and their commitment to the ongoing negotiations at the continental level. He then noted the positive dynamics of development of a competitive framework, both at national, regional and continental level, with the harmonization and adoption of rules in accordance with the best international standards, an evolution that the strengthening of the capacities of the parties stakeholders would help consolidate.

Mr. Augustine Owusu, the representative of Expertise France, meanwhile, expressed his satisfaction for the collaboration between the ECOWAS Commission and his organization within the framework of the holding of the training session. He also wished to strengthen this collaboration and expressed the availability of Expertise France to support ECOWAS in the process of promoting a competitive environment and regional integration.

Mr. Osvaldo Abibe, President of the meeting of ECOWAS trade experts, in his opening remarks recalled the challenges of the meeting and indicated that the different stages of negotiation on competition reinforce the need to provide the actors concerned with useful knowledge to better understand the contours and implications of competition laws at the continental level. He invited the participants to take advantage of the knowledge acquired during the training session. The speakers expressed their thanks to the two facilitators of the training, Ms. Lynn Robertson of the Competition Division of the OECD and Mr. Sami Ouattara, regional competition consultant.

The issues addressed by the training concerned in particular: the advantages of competition policy for a national economy; the fight against cartels and all horizontal and vertical agreements harmful to competition; the concept of the market; the control of concentrations, in particular mergers; procedural fairness and transparency; competitive assessment of laws and regulations; the concept of competitive neutrality; market power and abuse of dominant position; state aid; the AfCFTA protocol on competition and its implications for ECOWAS and its member states.

The capacity building session was an opportunity to highlight ECOWAS’ position on competition. The States parties, negotiators of the AfCFTA protocol, were called upon to appropriate the regional consensus on this protocol and to carry the voice of ECOWAS during the negotiations at the continental level.

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Categorie: Ghana

Leader of Homeland Study Group Foundation to be laid to rest Saturday, October 30

News Ghana - Mar, 27/09/2022 - 2:44pm
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Mr. Charles Kormi Kudjordjie, leader of Homeland Study Group Foundation (HSGF), a separatist group fighting for independence, will be buried on Saturday, October 30, 2022, in his hometown, Xavi in the Akatsi South Municipality of the Volta Region.

The 88-year-old retired teacher, a historian, anthropologist, educationist, author, and a musician, died at the St Paul’s Hospital Limited at Akatsi in October last year, a day before a scheduled meeting with the National Peace Council.

Mr. Kenneth Kudjordjie, son of the deceased, told the Ghana News Agency (GNA) in an interview that plans were afoot to ensure a befitting burial for his late father.

He said funeral arrangements for the departed soul will commence with a family wake-keeping at his residence in Ho on Thursday, October 27 which will be preceded by a pre-burial service at the Evangelical Presbyterian (EP) Church, Dela Parish on Friday, October 28 after which the body would be conveyed to his hometown for another wake-keeping and later be interred on Saturday, October 30 after another burial service at Xavi EP School Park.

The late ‘Papavi Hogbedetor’ as was popularly known, until his demise, sought to have the Volta Region and some other parts of the country which he referred to as Western Togoland.

In November 2019, Papavi Hogbedetor declared the Volta region as an independent Western Togoland state at a public gathering held in Ho in the Volta Region.

He was later arrested on July 28, 2021, at his private residence in Ho in the Volta Region and was subsequently granted a GHC 6000 bail by a Ho High Court on health grounds.

He was born on June 3, 1933, at Ave Afiafenyigba in the Akatsi North District of the Volta Region.

He left behind a wife, 13 children and 40 grandchildren.

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Categorie: Ghana

Minister urges stakeholder collaboration in managing projects

News Ghana - Mar, 27/09/2022 - 2:44pm
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Mr Martin Adjei-Mensah Korsah, a Deputy Minister of Local Government, Decentralisation and Rural Development (LGDRD), has called for effective stakeholder collaboration to ensure the successful implementation of the Gulf of Guinea Northern Regions Social Cohesion (SOCO) project.

He said the project, which was being implemented in 48 districts in the Upper West, Upper East, Northern, North East, Savannah, and Oti Regions, was expected to improve the socio-economic livelihoods of the beneficiary communities through job creation.

Mr Korsah said this in Wa during an orientation and sensitisaton programme on the SOCO project attended by Chief Directors of beneficiary regions, Metropolitan, Municipal, and District Chief Executives, and Coordinating Directors, among others.

The SOCO Project is a multi-country US$ 450 million Credit Facility secured by the Government from the World Bank to be implemented in Ghana, Cote D’Ivoire, Togo and Benin geared towards providing support to the northern parts of those Gulf of Guinea countries.

The minister indicated that the northern parts of those Gulf of Guinea countries were hardest hit by fragilities due to food insecurity and climate change, conflict, and violence (FCV).

He observed that the spread of conflict from the Sahel had led to increased vulnerability of the over 16 million people living in the northern parts of Benin, Côte d’Ivoire, Ghana and Togo due to the impacts of climate change.
“The Project is expected to deliver an estimated 1,406 socio-economic community-level climate resilient infrastructure through a community-driven development approach.

Additionally, the SOCO Project is expected to create jobs, improve access to basic social and economic services, promote local economic development, gender equality, and improve environmental management”, Mr Korsah explained.
He said the SOCO Project was consistent with the government’s development policies, including the Medium Term National Development Policy Framework (2022-2025), and the three pillars of the Ghana@100 vision – peace and security, economic growth, and social development.

He said these development policies sought to reduce inequality, foster economic growth, and job creation, empower livelihoods, promote good governance, empower the youth, and deliver resilient community infrastructure.
He stressed that the vision of President Akufo-Addo regarding Local Governance and Decentralisation was to ensure improvement in the living conditions of the general citizenry through the formulation and effective implementation of appropriate policies at the local level.

Madam Yvonne Quansah, the Director, External Resources Mobilisation and Economic Relation Division (ERMERD), Ministry of Finance, in a speech read on her behalf, said the SOCO project was focused on border communities due to the socio-cultural dynamics of those communities, which had made them susceptible to conflict escalation as well as presented a potential cross-border trade benefits.

“It is observed that informal cross-border trade contributes substantially to the economies of many African countries and is a source of income to 42 per cent of the total African population”, she explained.

She expressed the hope that the project would help create a more diversified trade regime along the beneficiary border communities and reduce the risk of conflict escalation.

Mr Peter Maala, the Upper West Regional Coordinating Director, noted that the project was timely as it presented the potential of building community resilience to fight violent extremism and conflict.

He said there were some activities on the ground in the Upper West Region to ensure the borders were safe and that the SOCO project would also help augment the interventions in that regard.

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Categorie: Ghana

Community engagement must be imbedded into scientific research – Dr Paulina Tindana

News Ghana - Mar, 27/09/2022 - 2:41pm
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Dr Paulina Tindana, Senior Lecturer and Bioethicist at the University of Ghana School of Public Health, says community engagement must be included into scientific research from beginning to end for successful outcomes.

Community engagement as an art and science, she stated, helped to build on indigenous knowledge and created an innovative means in demystifying and communicating research on genomics.

She said this at a close-out meeting on Community Engagement for Genomics and Biobanking in Africa (CEBioGen) Final Project Consortium in Accra, supported by the National Human Genome Research Institute and the National Institutes of Health.

The project was conducted in five countries-Ghana, Nigeria, Kenya, South Africa and Tanzania – to investigate the role of community engagement in genomic research and biobanking in sub-Saharan Africa.

The project in Ghana is implemented by the Noguchi Memorial Institute for Medical Research (NMIMR), University of Ghana, and the University of Ghana School of Public Health.

It is to identify best practices for feeding back genetic findings to individuals, groups, and communities and strengthen capacities in ethics within the H3Africa Consortium by providing short and long-term training opportunities on ethics.

Some scientific study fields, according to her, were complex to communicate to communities, therefore when community members were not included, the research may not be effective.

Dr Tindana said to be able to conduct research, it was necessary for researchers to seek the consent of the participants for effective engagement.

“If community members do not understand what their data or samples are going to be used for, the consent will not be valid. Information is one of the key elements of valid consent,” she said.

Dr Tindana said because there were a lot of complexities related to genetics research, the Institute set out to understand the keyways Science could be conveyed.

“Community engagement is the only way to effectively inform the public about the need for the collection of human biological samples for research and avoid misconceptions,” she stressed.

Professor Dorothy Yeboah-Manu, Director of NMIMR, said the project served as a means of training PhD and Masters students and contributed to the creation of a new Master in Bioethics programme at the University of Ghana, School of Public Health.

Prof Yeboah-Manu urged the researchers to develop new ideas and fresh energy to improve on the findings that were uncovered by the project.

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Categorie: Ghana

GHS launches “Atoua” TV series for family planning education

News Ghana - Mar, 27/09/2022 - 2:38pm
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The Family Health Division of the Ghana Health Service (GHS) has launched “Atoua”, a TV series to aid family planning education.

The launch is part of activities to celebrate 2022 Family Planning Week.
A-T-O-U-A, which literally means should it happen to you, in the Akan Language, seeks to educate young people on their reproductive health, highlighting the risks and unhealthy decisions that can affect their education and aspirations.

The education will be through tv series, social media and community outreaches to engage young people, parents and other relevant stakeholders on key issues relating to reproductive health.

Dr Kofi Issah, Director, Family Health Division, said the GHS was happy to embark on the campaign to break myths and misconceptions while engaging young people and supporting them with the right tools and services as they turned into puberty and adulthood.

He called on communities to join the campaign by using each episode of the series to hold discussions with young people at homes, schools, churches and among peer groups to collectively empower the youth.

The 2022 National Family Planning Week, on the theme: “Breaking Myths and Misconceptions on Family Planning,” is to mobilise support to shape the future.

Dr Issah said the country had made progress in the total fertility rate and improving the lives of women and families such that within a quarter of a century, total births per woman reduced from 6.4 in 1988 to 4.2 in 2014 as reported in the Ghana Demographic and Health Survey (GDHS).

He stated that the 2021 Population and Housing Census also provided further information that household size had reduced from 4.4 in 2010 to 3.6 in 2021, indicating that a lot of progress had been made in the area of family planning and other population strategies.

The Director noted that currently, there was over 35 per cent acceptance of family planning in the country.

He said, however, there remained a large unmet need for contraception in the county, saying despite the almost universal knowledge in family planning (over 90per cent), the practice of contraception remained low at 25 per cent married women for modern methods with 62 per cent of sexually active adolescents having an unmet need for family planning.

He said some socio-economic and cultural factors were mainly responsible for the low utilisation of available maternal health services, including family planning services.

The fear of side effects, rumours, myths and misconceptions were the most frequently cited reasons for the non-use of modern family planning methods.

Others are poor attitudes of health workers and provider bias.

Dr Issah said it was, therefore, important to create awareness to advocate increased commitment to family planning as an essential component of national health and socio-economic development.

Activities outlined for the weeklong celebration include media and stakeholder engagement meetings, television and radio discussions, provision of free services at selected locations, health talks for organised groups, floats and other community mobilisation and awareness creation activities.

He encouraged all stakeholders to get on board to deliver the key messages in a client-friendly manner and for communities to forge stronger partnerships with service providers, development partners and others to address the factors contributing to the large unmet need for contraception use.

Dr Stephen Ayisi-Addo, the Programme Manager, National STIs and AIDS Control Programme (NACP), urged the youth not to underestimate the importance of condoms as a family planning tool as it helped to prevent sexually transmitted diseases, including HIV.

Dr Ayisi-Addo advised the youth to use contraceptives correctly, consistently, and continuously to be free from HIV and pregnancies to make informed choices for better survival and development.

Dr Joseph Aidoo, Marie Stopes International, Ghana, (MSI), said the recent report from a pilot study on the inclusion of family planning on NHIS, gave an essential insight that removing cost alone was not enough to advance access.
“We need to develop and implement strategic SBCC interventions to address these myths and misconceptions while also building critical partnerships with other national development sectors,” he stated.

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Categorie: Ghana

18,303 students graduate from Koforidua Technical University since 2010

News Ghana - Mar, 27/09/2022 - 2:36pm
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The Koforidua Technical University has conducted the second session of its 18th convocation, graduating 1,692 students who fulfilled all the requirements for the award of a Higher National Diploma (HND) in various disciplines.

This leads to a total of 18,303 HND graduates who have studied and successfully completed the university’s academic system from 2010 to 2022.

According to the World University Ranking 2022, KTU is regarded as one of the best technical universities and sixth among public universities in Ghana.

Koforidua Technical University was founded as a polytechnic with 45 students in the 1996/1997 academic year, but today it has 8,132 students.
It aims at supporting younger generations in their moral, intellectual, physical, and social development by offering higher education in engineering, scientific, and technology-based disciplines; technical and vocational education and training, applied science; and associated fields.

Professor David Kofi Essumang, Vice Chancellor of Koforidua Technical University, speaking during the 18th Congregation ceremony, explained that 146 graduates received First Class, 875 received 2nd Class Upper, and 616 received 2nd Class Lower divisions.

Only 31 of the graduates received a pass, while 24 auto engineering graduates received a competent with merit diploma.

Twenty-five years after launching two HND programmes, the university now offers 12 Bachelor of Technology (B’Tech) programmes, 21 HND programmes, as well as various non-HND technical, professional, and Diploma in Business Studies programmes.

Professor Essumang said the university had secured approval and was awaiting accreditation to run four-year Bachelor of Technology programmes, namely Secretaryship and Management Studies, Marketing, as well as Procurement and Supply Chain Management.

Others include Artificial Intelligence and Robotics, Telecommunication Engineering (Top-up), Accounting and Finance, Integrated Fashion and Textile Technology, Graphic Design Technology, Rehabilitation Engineering, Medical Imaging Technology, Building Technology (Top-up), Biomedical Engineering and Actuarial Science.

He explained that the university was still pursuing staff development through scientific research, saying that GHS 45,000.00 was allocated to various departments to undertake research activities for the 2021/2022 academic year.

He stated that the financing contributed to a key breakthrough, which resulted in the installation of a 10-cubic-metre bio-digester for biogas generation by the Renewable Energy System Engineering Department, which supplies gas.

The University has also seen a steady increase in international linkage, with one of the current overall graduating students from the Mechanical Engineering department being among the five students who participated in the Community College initiative programme in the United States of America in July 2022.

Highlighting issues affecting the school, Professor Essumang said they lacked appropriate funding, staff residential and office space, sufficient library space, and inadequate ICT facilities, in addition to hostel facilities.

Professor Samuel Obeng Apori, Chairman of the KTU Council, stated that the biggest concerns Ghana faced twere employability, economic, and environmental degradation (Galamsey).

He noted that the government could not employ every graduate from Ghana’s tertiary and non-tertiary institutions and challenged graduates to make their own careers with the knowledge, skills, and development gained to help the government create jobs.

He warned the graduates not to engage in dishonest methods to acquire riches in society and not to blame the government for economic issues, but work hard to become self-reliant.

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Categorie: Ghana

It’s unfair and unjust to profit from helpless students – LLB student

News Ghana - Mar, 27/09/2022 - 2:30pm
News Ghana, Latest Updates and Breaking News of Ghana, Ananpansah B Abraham,

It’s unfair and unjust to profit from helpless students – LLB student shades General Legal Council

A Bachelor of Laws(LLB) student at the Wisconsin University College, Issifu Seidu kudus, has admonished the General Legal Council to regulate the various law faculties in the country and prescribe for them the number of students to admit.

This he said would help reduce the frustrations students go through borne out of no fault of theirs but,convenient tactics and intentional technicalities in trying to enter the Ghana Law School.

In an exclusive interaction with blogger, Ananpansah Bartholomew Abraham,he said legal education over years has been presented as a preserve of the privilege class,adding that, not until some young men and women begun to agitate, Northern Ghana had no single law faculty.

“If the General Legal Council believe that the number of students being churned out by the about 13 law faculties across the country is way too much to be in the system, it can, as required by the General Legal Council Act, 1960 (Act 32), regulate the faculties and prescribe for them a required and reasonable number to admit.

“This issue of having to leave the faculties to admit more numbers just to make profit at the expense of the expectations and ambitions of many helpless students, is by any imagination, unfair and unjust. You do not allow huge numbers from the entry point only to frustrate same with some technicalities which are alleged to be borne out of mafia and convenient tactics at the termination point into the Ghana Law School,” he lamented.

In his view,the Chief Justice of the Republic instead of directing his effort at limiting legal education in the country, should rather ensure a clean system is established to get more Lawyers trained than it is to get a system which frustrates innocent students in the name of getting refined Lawyers trained.

According to him,the recent leakage in the Law Entrance Exam questions is a clear manifestation of a frustrated system of students craving to memorize their way to the bar and would adopt all means possible to bend the rules to get their way through.

Whilst calling for an expansion in access to legal education in Ghana,he said there was no way to trigger any conversation about fairness in an unfair system, cautioning that the brain drain that was currently taking centre stage in the medical profession will soon hit the legal profession if measures are not taken to avert the anomalies.

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Categorie: Ghana

Funding opportunities for SMEs in Ghana.

News Ghana - Mar, 27/09/2022 - 2:27pm
News Ghana, Latest Updates and Breaking News of Ghana, News Desk,

It’s no doubt that funding or financing of businesses has been identified as a top bottleneck for businesses of all sizes, irrespective of location, region, and or industry.

This is supported by centuries of surveys conducted to ascertain the challenges that businesses face.

All businesses, regardless of size, require cash to cover ongoing operating expenses, build infrastructure, and for marketing, R&D, and client acquisition, among other things. The reasons for capital injections vary, yet the bottom line is that, at a point in every business, funding is a key element.

While businesses of all sizes require funding, the sources and opportunities for such funding differ. Large businesses frequently have a wide range of financial support alternatives available to them.

But for small and medium-sized businesses (SMEs), obtaining conventional funding can be extremely difficult and even fatal.

The focus of this article is to build a pipeline of funding opportunities that SMEs could explore to meet their short-, medium-, and long-term funding needs.

Fortunately, Annan Capital Partners has been at the forefront of supporting multiple SMEs in Ghana and across the African sub-region to access funding for their businesses.

What’s an SME?
It is widely acknowledged that an SME is different from companies that are primarily used by their owners as vehicles for self-employment.

A business is considered a small- to mid-size organization (SME) if its revenues, assets, or workforce are below a specific threshold.

Unfortunately, there isn’t a universally accepted definition of a SME. Each nation is free to choose its own definition and may also opt to impose particular restrictions on particular businesses. The standards for classifying a SME differ between nations and occasionally between industries.

Small and medium-sized businesses (SMEs), which make up a significant portion of firms in Africa, are the backbone of the global economy.

SMEs are thought to account for 90% of the private sector in the developing world and for 80% of jobs on the continent of Africa, making them a significant force behind economic progress.

Abor and Quartey (2010) claim that the SME sector makes up the majority of firms in Ghana, accounting for over 92% of all businesses.

In addition, it was predicted that in 2018, SMEs contributed an estimated 70% of Ghana’s Gross Domestic Product (GDP), or around 90% of all enterprises that were in operation. Close to 85% of jobs in Ghana are reportedly provided by this industry.

It is impossible to overstate the importance of SMEs to the stability of any economy, especially, that of Ghana and the rest of Africa.

Numerous studies about the primary forward-thinking function that SMEs play in every economy have been conducted in both developed and developing nations.

For these enterprises to grow, create more jobs, and generate economic growth, they need access to funding opportunities.

Funding gateways for SMEs

The owners of SMEs frequently gripe that a lack of funding prevents them from expanding and fully using lucrative investment prospects.

The “funding or financing gap” refers to this difference between the financing options available to small and medium-sized businesses and the financing they could effectively employ.

There are quite a lot of potential funding sources for SMEs. However, a lot of them have real-world issues that can make them less beneficial.

The ideal scenario, according to many SMEs, is to never need to raise money; instead, the business would support its own initial start and expand going forward at the rate at which it makes money.

Many SME CEOs who don’t want to answer to outside investors find this strategy to their liking. And the successful consequence is typically a stable business with little growth.

Let’s begin by exploring some of the funding gateways available to SMEs as they set out to fund their businesses.

Owner, Family & Friends
This is always the first attempt and source of funding for SMEs. Even before receiving external funding, you are typically asked how much of your own resources you initially invested in the business.

Due to the fact that these individuals’ (family and friends’) motivations for investing may not be solely financial, they may be ready to accept a lower return than many other investors, making this a potentially excellent source of funding.

The main drawback is that, for the majority, the ability to raise money from friends and family and on our own is relatively constrained.

Bootstrapping is the practice of launching a business using only one’s own finances, together with money borrowed or invested from family or friends and revenue from the first few sales.

Self-funded firms do not rely on conventional financing techniques like bank loans, investor money, or crowdfunding. Instead, as the name implies, business owners must “pull themselves up by their bootstraps” by starting with their own money.

Bootstrapping is the best place to start for new businesses, especially if market validation of their goods or services has not yet been completed.

The benefit of this approach is that the SME owner retains total control. Since it shows the owners’ faith in and dedication to the company, it might also be used to persuade investors to join.

Angel Funding
Angel investors are people or organizations who make investments in start-ups or early-stage businesses in exchange for an equity ownership interest.

However, securing an angel investor is only half the battle. Once you’ve connected, you’ll need to sell your business to investors.

One drawback is that these people are uncommon and frequently very picky about what they are willing to invest in.

Once a business angel expresses interest, they can be of considerable assistance to the SME because they frequently possess excellent commercial judgment and are likely to be connected to a wealth of resources.

Angel investors may be relatives or family members, but they are mostly outsiders eager to support start-up businesses with creative ideas.

Some of the angel investor networks in Ghana/Africa includes the following:

• African Business Angels Network
• Accra Angels Network
• Ghana Angels Investor Network

Venture Capital (VC)
Most people undoubtedly picture VC when they think of early-stage financing. Some investors will put money into a new business, while others may wait until it has been operating and proving itself.

A venture capitalist firm is very often a subsidiary of a company that has significant cash holdings that they need to invest in. The venture capital subsidiary is a high-risk, potentially high-return component of their investment portfolio.

These companies invest quite a significant amount of capital into a SME and have already performed market research and generated initial sales.

In return, they receive stock in the business, which entitles them to a seat on the board and a voice in its operations. The injected capital may occasionally be set up as a convertible debt.

A presentation to a venture capitalist must demonstrate how they would be able to “exit,” or release their value, after a number of years, as these investors rarely wish to remain invested for the long term.

This is frequently accomplished by either selling the business to a larger firm engaged in the same industry or expanding it to the point where a stock market listing is feasible.

An SME needs a business idea that could generate the high returns a venture investor is looking for in order to get venture capital funding.

Invoice Factoring / Discounting
Invoice factoring is a type of accounts receivable finance that is also known as “factoring” or “debt factoring”. Invoice factoring enables businesses to sell outstanding invoices (accounts receivable) to a third-party commercial finance company (a factor).

These sources of finance effectively let a company raise finance against the security of their outstanding receivables.

This funding is only temporary and frequently costs more than an overdraft. One advantage of these sources of funding, though, is that when a SME expands, their existing receivables will expand as well, increasing the amount they can borrow from their suppliers or through invoice discounting.

Therefore, factoring and/or invoice discounting are two of the extremely limited number of financial sources that expand on their own in tandem with the expansion of the business.

Loans & Bank Finance
Here, a business borrows money from an individual, a microfinance organization, or a bank that must be repaid with interest after a certain amount of time.

When a loan can be secured against significant assets like land and buildings, banks may be ready to offer some type of overdraft as well as long-term loans.

Accessing loans can be challenging, particularly when collateral is needed. But thanks to technology, it’s now simpler to get unsecured loans through mobile-based services.

Crowdfunding is a method of obtaining outside money from a big audience as opposed to a limited number of specialized investors (such as banks, business angels, or venture capitalists), where each person contributes a small portion of the desired funding.

The contributions are then given a reward by the company, which may take the form of gifts, special offers, or even stock.

When it comes to crowdfunding, individuals provide the funds that the business requires. Crowdfunding typically occurs through specialized networks, particularly the internet, with the business owner outlining the activities and goals of the company, sometimes in the form of a business plan, and asking for funds under a set of rules and regulations.

With regard to traditional types of financing, this constitutes the main novelty of crowdfunding because it allows business owners to access big audiences’ savings without the need for a middleman like a bank.

Agoo Africa Crowdfunding
Coming highly recommended as an efficient crowdfunding platform for small businesses and start-ups in Africa is the yet to be launched Agoo Africa by Annan Capital Partners.

“Agoo Africa is a crowdfunding platform for African early-stage start-ups’ and small traditional businesses.”

“When launched, it will allow owners of such businesses to make their project and their pitch accessible to a large number of investors, from young non-professional business angels to established international funds.”

“On the other hand, any investor can now have access to a curated database of small Ghanaian companies from various sectors and invest in them seamlessly via our platform.”

Another distinguishing feature of Agoo Africa is that, unlike most of the existing equity crowdfunding/crowdinvesting platforms, Agoo doesn’t require your startup to be incorporated in Delaware. On the contrary, it’s the first such platform which clearly encourages fundraising for companies registered in Africa.

When to Raise Finance
When you’re not in need of funding is the best moment to begin looking. On-boarding new investors requires time, especially if they are corporate investors like venture capitalists (VC) and or even angel investors.

Utilize every opportunity you get to inform potential investors about your company, your vision, and what makes it special. This will ensure that they have heard of you and, ideally, are familiar with your narrative when you approach them later to discuss a fundraising effort.

Annan Capital Partners, bringing on board decades of experience in connecting multiple SMEs across the African region to funding opportunities, will be an ideal partner in your quest to fund your SME.

About Author

Paul Frimpong, CGIA, ICCE
Paul Frimpong is a development economist, top voice on Sino-Africa relations, and an award-winning entrepreneur.

He’s currently the Global Head of Strategy & Membership at the Institute of Certified Chartered Economists (ICCE).

This article is originally curated for and published by: Annan Capital Partners.

Annan Capital Partners (ACP) is a boutique investment advisory and business development agency offering holistic wealth management and venture building services to a wide range of clients, from entrepreneurs to governments and from local SMEs to global corporations.

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Categorie: Ghana

Mourning The Queen? Commonwealth Countries’ ePaper Media Framing of the British Monarchy.

News Ghana - Mar, 27/09/2022 - 2:18pm
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God bless the Queen and may her departed soul rest in the Lord’s everlasting peace. The 96-years-cannons and the bell sounds were heard, and the Whole Wide World responded Amen and Amen in so many languages that could only be described as global-voices in rainbow of languages.

This is how families of the World bade farewell to the World’s granny, mother, wife and sister respectfully known as Her Majesty Queen Elizabeth II (Elizabeth Alexandra Mary) who reigned the United Kingdom of Great Britain, Northern Ireland and the realms of the Commonwealth from 1952 to 2022. As The Queen, she headed the fifty-five nations that to a large extent evolved out of the former territories of the British Empire forming the association – The Commonwealth which was established by the 1949 London Declaration. The Commonwealth continue to share close diplomatic relations with Britain through Her Majesty Queen Elizabeth II; hence the loss and grief of The Queen was a loss on The Commonwealth nations.

The Background
In spite of the global solemnity towards The Queen’s demise, other shades of voices within The Commonwealth chose to attach sentiments of critique and indifference towards the Monarchy as an institution. It must however be established that, Her Majesty the Queen’s personality is different from the British Monarchy. The Monarchy is a Royal Institution. Respectfully and in dignity, as human and cultural courtesy demands from society, eternal passing of a person, either a royal or non-royal, demands solemn reverence. Notwithstanding, opinions expressed through the media across The Commonwealth nations depicted frames of grief, indifferent and critique in news opinion-headlines such as; “How will King Charles III respond to reparation demands”? -The Jamaica Observer/20/09/22/12:02am”.

Further, indifferent sentiment media frame was expressed by the Jamaica Observer ePaper under the news headline “The Queen is dead, time to cut ties” – 20/9/22/12:00 am. Also, according to Klandine Thomas in reference to the Independent, a British newspaper, “in its recent publication cited Jah Mickey Bowe, vice-chair of the House of Rastafari in The Bahamas as saying, “Within the Bahamas, those leading the charge to openly mourn The Queen are migrants from Britain, politicians, and older citizens raised under British rule, with the younger generations being largely indifferent.” The indifferent sentiments as observed by the British newspaper within the Bahamas is also expressed in Nigeria under the news headline – “King Charles III and the imperatives of reparation” – The Guardian, 19/9/22/4:10am. Similarly, in Zambia, an indifferent news frame towards the Queen’s demise was depicted under the news opinion headline frame “Queen Elizabeth II will be laid to rest, but not so the past”- Lusaka Times/15/9/2022. Ugandan media also projected the Queen in an indifferent media headline frame of “Queen Elizabeth is dead, good riddance” – The Monitor/19/9/2022. Again, the media voice of indifferent frame was echoed in Canada by the Toronto Star newspaper – “Farewell to the Queen” -The Star/19/9/2022. Besides the media frames, an academia with roots in The Commonwealth at Carnegie Mellon University also expressed an indifferent frame as reported by the New York Post “Jeff Bezos slams professor for wishing Queen Elizabeth an ‘excruciating’ death”- New York Post /8/9/2022/2:14pm.

It is against these strands of indifferent mourning narratives as expressed through the media that this study on news framing analysis evolved. The objective is to ascertain how The Commonwealth countries’ opinions through the media framed the British Monarchy during the time of mourning and grief from the 8th of September to the 19th of September, 2022.

Media and News Narrative Framing Typology
From the social functionality and news narrative selections perspective, the media is a provider of information, knowledge and entertainment in the society. These social functions of the media are meant to steer society towards social unity and for human development. The media performs these social functions through the processes of selection, by giving certain aspect of the news with either less or more prominence in order to set a particular political, social or economic agenda. Besides setting news agenda through what issues and topics the public should think about, the media also provide certain schemata to influence how the public processes news topics cognitively. The devices such as words, symbols, tones, color, quotes, references, and overall content are use in framing a news topic in order to achieve a needed cognitive impact otherwise known as news framing processes.

Deductively, media framing narrative is therefore a cognitive process embedded in moral evaluations, casual reasoning, human principles and social recommendations for actions towards a problem or a cause. With these understanding of media framing, this study developed the following seven (7) news framing typology in order to measure and established frames Commonwealth countries attached to the Queen’s mourning narratives. The typology frames measured by the study are:

– Human interest or emotions frames attach to a news angle.
– Attribution of responsibility frame of projecting an issue or event in a way of attributing responsibility to an actor for causing distress to group of individuals.
– Powerlessness frames presenting news from an angle of dominant power over weaker groups within society.
– Economic angle news frame describes as prescribing a news narrative in the context of economic values of profit and loss.
– Human moral values frame is an aspect of the news that seeks to interrogate moral values and appeals to moral conscience.
– Conflict frames is also about presenting a news from a perspective of an ongoing socio-political contest of winners and losers.
– The human impact frame refers to a news angle that invoke the impact of an issue, event, or policy impact on individuals or group of people in a society.

Public Opinion Framing
The medium selected for this study were top ten (10) online news otherwise referred by this study as ePaper Media from The Commonwealth countries excluding United Kingdom (since it is the host actor of the enquiry) yielding fifty-Five (55) countries. Period of the analysis was from the 19th to 20th September, 2022 which was intended to cover the day of Queen’s burial and a day after the burial. Purposeful sampling was used in the selection of one (1) medium from the top ten media list of each Commonwealth country. The study units for the study were opinion, editorials, commentaries depending on how a medium described her opinion page. News was excluded from the study units. Methodology used for the analysis was qualitative content research analysis which allowed for data coding and categorization, comparative, elaborations, simplification and integration. This further established a total of 698 opinion statements units (total sentences from the 18 news opinions in 18 medium).

The seven (7) framing typology were operationalized as following: 1. Human interest frames- human interest content touching on the human-interest aspect of the funeral. 2. Morality frames -story angles invoking inhuman, immoral, or moral uprightness experiences within the Commonwealth countries in the past. 3. Social impact frames – opinion angles referring to the impact of colonialism, slave trade, imperialism and the monarchy on Commonwealth countries.

4. Attribution responsibility frames – opinions and expressions calling on the monarchy to take responsibility for its past policy initiatives in the Commonwealth. 5. Powerless frames – refers to past power relations and power dominations over the Commonwealth. 6. Economic consequences frames – expressions towards the monarch’s past imbalance economic and trade policies within the Commonwealth. 7. Social conflict frames – are expressions or agitations calling for equality and reparations towards the Commonwealth countries. Multiple data coding was allowed with inter coder reliability established. Total medium of 18 representing 18 countries out of the 55 Commonwealth countries respectively were captured during the study period: [ Jamaica-Jamaica Observer, Fiji- Fiji Times, New Zealand – News Room, Sri Lanka -Daily News, Ghana – News Ghana, Nigeria – The Guardian, Kenya – The Star, Rwanda – New Times, Uganda – The Monitor, Trinidad and Tobago -The Trinidad Express, South Africa – Mail & Guardian, Malta – Malta Today, India – The Hindu Times, Canada – The Toronto Star, Bangladesh – The Daily Star, Barbados – Barbados Today, Bahamas – The Tribune, and Cyprus – Cyprus Mail ] were analyzed with the results as presented in the following chart headed as:
-The Commonwealth countries mourn Queen Elizabeth: With mix opinion frames.

Analysis and Results
From the chart, Queen Elizabeth II was mourned across Commonwealth countries with mix opinions or feelings: 23% of the mourning frame was on human interest aspect of the grief, 13% touched on the powerlessness of the Commonwealth countries’ relations with the monarchy. 13% of the opinions relating to the monarchy called on the British monarchy to accept her responsibilities of the past and promote reparation initiatives, 16% of voices refer to human moral values, 15% projected the impact of the monarchy’s legacy on the Commonwealth societies, 9% on the voices for equity in the relations between the monarchy and the Commonwealth, and 11% of opinions also touched on trade and economic imbalances existed between the monarchy and the Commonwealth countries in the past.

In summary, in mourning Queen Elizabeth II, media opinion articles in 18 Commonwealth countries laced their grief with over 79% opinion frames in the contexts of the monarchy’s colonial, imperial, slave trade relations, reparations atonement, and agitations. To an extent, this study would throw light on the sentiments lingering in the minds of public opinions withing the Commonwealth countries and subsequently assist in international relations strategy, management and engagement for global harmony. This study, is limited to only two days, further inquiry could extend the study period, the number of medium and consider other media platforms. Also, future study could expand the typology to cover perhaps historical antecedents in news stories.

In spite of the mixed opinions, the funeral service was brought to an end. Her Majesty the queen’s casket was lowered gently with love for a world’s granny, mother, sister, wife into the solemn space of the royal vault, and in silence, the queen’s piper ended it peacefully in a holy lament called “Sleep, Dearie, Sleep”.
About the Author:

Messan Mawugbe (PhD), is a strategic corporate communication consultant and a university lecturer.
From: The Meadows, Castle Rock: Colorado

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Elect Quality, Firm and Fearless people to lead the NDC

News Ghana - Mar, 27/09/2022 - 2:18pm
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The NPP has elected their leaders all the way to the national level. Their leaders were elected to fix a broken party. It is now the turn of NDC to also elect our leaders.

The delegates of NDC should not mimic the election pattern of the NPP because we don’t have a broken party to fix. We rather have a country to govern in 2025.

As we go to elect people to lead the party towards running the country in 2025, we should be mindful of the attitude of the Electoral Commission. I heard some people running for the Executive positions now talking tough. That shouldn’t convince you.

Let me help you decide on who to vote for: Don’t fall for those who are talking tough in 2022. Go back to 2012 and look through the candidates from the branch level and see which of them would see Election 2024 as a “Do or Die”

The attitude of the Electoral Commission and Nana Addo’s comment that, he will hand-over to an NPP leader should guide you to the leaders to elect. Under no circumstance should you elect a “nice” person or a family member, who is soft. The election in 2024 will not be for nice or soft people

Also, as you go to the polls to elect your branch, constituency, regional and national executives, be mindful that the NDC is not going to court in 2024. Every election dispute will be settled at the polling stations, even if it would take weeks to get the winner declared.

In 2020, I campaigned in four constituencies across the country. Even though in two constituencies for days, as I moved with the Parliamentary Candidate, I never saw the Chairmen, so did the PCs. On the voting day, I called one PC the whole morning and his phone was switched off.

After the elections, we’ve all heard about what happened at some polling stations and constituencies that caused NDC’s defeat.
It was clear that some Executives had other businesses doing instead of supervising a win for NDC. You don’t need me to tell you that we don’t want such people to lead NDC to battle 2024.

This article is all about you, electing Executives who have the spirit of Do or Die and who will devote 100% of their time making sure that all disputes are settled at the polling stations. To do that, they have to arrive at the collation centers before the ballot boxes get there. Was it not how they were trained to do?

To conclude, I wrote this article without consulting any candidate and the article is not meant to campaign for candidate A or candidate B. I just want quality, firm and fearless candidates win from the branch to the national level. We have to be careful with candidates who are now talking tough. We live with them in our branches and constituencies, so we know them. Let their natural character speak against them.
Battle 2024 is a Do or Die. Believe in it.

Mahama reba.
Lawrence Appiah-Osei

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