Login to your account

Username *
Password *
Remember Me
Rainbow Radio - Items filtered by date: Thursday, 11 October 2018
A media forum has jumped to the defence of the Director General of the Social Security and National Insurance Trust (SSNIT), Dr. Ofori-Tenkorang over what they described as attacks on his integrity. The forum in a statement expressed disdain at what they termed as unwarranted attacks on the personality and integrity of the experienced banker investment broker. The statement said: ‘’Dr. Ofori-Tenkorang has not only transformed SSNIT but also brought his expertise to bear in positioning SSNIT as an enviable institution. His outstanding leadership won him Procurement and Supply Chain Awards 2018. The Procurement Transformation CEO for his contribution to transparent procurement processes, cutting down costs, procurement evaluation and monitoring at SSNIT, which have invariably led to protecting the nation’s public purse- at the Procurement and Supply Chain Awards 2018m'' the statement added. Read Below the full statement: The Objective Media Forum has observed with disdain attempts by some individuals to attack the integrity of the Director General of the Social Security and Insurance Trust (SSNIT) Dr. Ofori-Tenkorang. These attempts are meant to denigrate, discredit and cast the outstanding SSNIT director in bad light. Dr. Ofori-Tenkorang has not only transformed SSNIT but also brought his expertise to bear in positioning SSNIT as an enviable institution. His outstanding leadership won him Procurement and Supply Chain Awards 2018 The Procurement Transformation CEO for his contribution to transparent procurement processes, cutting down costs, procurement evaluation and monitoring at SSNIT which have invariably led to protecting the nation’s public purse- at the Procurement and Supply Chain Awards 2018. Dr. Ofori-Tenkorang has developed innovative insurance solutions that combined traditional insurable risks with capital market risks, which improved earnings and reduced earnings volatility for corporations. He is also credited for developing an alternative asset classes for pension funds to achieve better diversification. The deliberate attempts by some faceless individuals to discredit hard working appointees and civil servants should not be encouraged. The selfish political interest of some few should not deprive Ghanaians and the state of competent men to manage the affairs of state. We wish to reiterate that, Dr. Ofori-Tenkorang was not appointed on political grounds but his competence and experience were considered. He must be allowed to work without any hindrance from within or outside government. He is a seasoned Investment Banker, Engineer, and Academic. He worked extensively in structuring and executing derivative transactions, and raising financing for several mining companies in Africa and South America. He worked with several multilateral lending institutions to provide innovative structured hedging facilities to commodity producers with low credit ratings, and with the AIG Africa Infrastructure Fund in private equity deal origination. We wish to conclude by admonishing the SSNIT boss to focus on working in the interest of the state and ignore the negative attacks being directed at him.
Published in General News
The Progressive People’s People (NPP), has said, Ghanaians are gradually learning from the deception and incompetence of the major two political parties- the National Democratic Congress (NDC) and New Patriotic Party (NPP). The party’s National Communications Officer, Paa Kow Ackon, told Rainbow Radio 87.5Fm that, these two political parties can be likened to a crocodile with two heads. These two parties he posited have plotted and always execute an agenda to deprive Ghanaians of better leadership, worsen their hardship and poor living condition. ‘’These two parties are not parties that have the nation at heart. They are incompetent, come in to mismanage our resources and steal from our scarce resources. They come in to rob the state. They only do less and spend on themselves. Ghanaians have accepted mediocrity and so we do not hold our leaders accountable.’’ The PPP’s national officer slammed the NDC for campaigning to return and change the nation in 2020 after they created damages in the country when they were in power. ‘’What is going on in Ghana is bad. It is unfortunate and unacceptable. God has blessed the country with rich natural resources and yet our leaders are unable to deliver the leadership to provide Ghanaians with the competent leadership to transform the country.’’ He was reacting to the 22-man delegation that accompanied Vice President Dr. Mahamudu Bawumia at the UN Geneva Conference. In his view, the public purse is being depleted, wasted and misappropriated. He slammed the government for using state resources to sponsor party foot soldiers on expensive trips at the expense of the taxpayer. ‘’What is the sense in this? It will get to a time we will stop paying taxes because our leaders keep misappropriating our resources. We pay taxes to get our roads fixed but we are rather witnessing our leaders misappropriating our resources. This is unacceptable.’’ Ghana he lamented is facing serious financial crisis with banks collapsing, people losing their jobs yet we have leaders living luxurious lifestyles.
Published in General News
President Nana Akufo-Addo has emphasized the need for us to work together in improving maintenance culture following the incident at Accra mall today [Thursday]. Parts of the ceiling at the Accra Mall have collapsed. Details available to rainbowradioonline.com indicate that one person has sustained injuries as a result of the incident. A viral video on social media saw some workers and patrons of the mall running for cover. The president is in a tweet wished the injured speedy recovery. The president who is currently in the tweet said: ‘’I am disturbed to hear the incident at the Accra Mall. Let us all work together to improve our maintenance culture. Speedy recovery to the injured.’’
Published in General News
The man said to be Africa's youngest billionaire has been kidnapped by masked gunmen in Tanzania's main city Dar es Salaam, police say. Mohammed Dewji, 43, was abducted outside a swanky hotel gym where he was going for his routine morning workout. Three people have been arrested in connection with the incident and two of the abductors were believed to be foreign nationals, police added. The motive for Mr Dewji's abduction is still unclear. Who is Mohammed Dewji? Financial magazine Forbes puts his wealth at $1.5bn (£980m), and has described him as Tanzania's only billionaire. In a 2017 report, it said Mr Dewji was Africa's youngest billionaire. Mr Dewji is also a major sponsor of one of Tanzania's biggest football teams, Simba. He promised in 2016 to donate at least half his fortune to philanthropic causes, Forbes said. Mr Dewji, locally known as Mo, is credited with turning his family business from a wholesale and retail enterprise into a pan-African conglomerate, reports the BBC's Athuman Mtulya from Dar es Salaam. His company, METL, has interests in textile manufacturing, flour milling, beverages and edible oils in at least six African states. Mr Dewji served as a ruling party MP for a decade until 2015. He told the BBC in a 2014 interview that this possibly made it easier for him to meet top politicians, but it did not give him an unfair advantage, as other businessmen also had access to them. Environment Minister January Makamba, a friend of Mr Dewji, tweeted that he had spoken to Mr Dewji's father and the family confirmed that he had been kidnapped. What more do we know about his abduction? The abduction took place in the affluent neighbourhood of Oysterbay. The kidnappers fired shots in the air before driving away with the billionaire, eyewitnesses said. Mr Dewji, a fitness enthusiast, had no security guards with him and had driven to the gym on his own, Dar es Salaam regional police commissioner Paul Makonda told reporters. Two of the kidnappers were white men, he added. Security personnel across Tanzania have been put on high alert in the hunt for the abductors, police said. Source: BBC
Published in General News
Six people have been injured in a "serious collision" between a minibus and a lorry on the M4. The crash happened just after 12:00 BST on the eastbound carriageway between junction 14 at Hungerford and junction 13 at Newbury. South Central Ambulance Service said three people in the minibus had been taken to hospitals in Oxford and Bristol with life-threatening injuries. The eastbound carriageway is expected to be blocked for "many hours". Three other people in the minibus suffered less serious injuries and were taken to hospitals in Swindon and Reading, the ambulance service said. The westbound carriageway was closed to allow three air ambulances to land but has since reopened. Two of the seriously injured were flown to major trauma centres at the John Radcliffe Hospital in Oxford and Bristol Southmead Hospital. The third was taken by road, also to the John Radcliffe. Thames Valley Police have advised motorists to avoid the area if possible. James Lloyd, who passed the scene shortly after the crash, said a large articulated lorry had gone into the back of a minibus, The force of the impact had shunted the minibus between about 50 yards along the carriageway, he added. Dominique Hamblin tweeted: "I have never seen an accident site so horrendous looking and with such an enormous emergency services response as on the M4. Looked nasty, I pray it's not that bad." Source: BBC
Published in General News
Parts of the ceiling at the Accra Mall have collapsed according to reports. Details available to rainbowradioonline.com indicate that one person has sustained injuries as a result of the incident. A viral video on social media saw some workers and patrons of the mall running for cover. More soon…
Published in General News
The election directorate of the main opposition National Democratic Congress (NDC), has revealed at a press conference today (Tuesday) that, the party did not have in existence an electronic system of collating results. The party the directorate explained relied on manual form of collation as done in the past. However, an electronic system used by private individuals (referring to the presidency) failed the party and could not be relied on in 2016. Acting director of elections, Bede A. Ziedeng, addressing the press indicated that, the infrastructure of the collation of results directly from the polling station in nation elections does not exist in the NDC, and so could not have been deployed in the collation of results of the 2016 elections. ‘’What happened, however was that during the 2016 elections, there was an attempt to establish a new infrastructure for the collation of results from the polling stations. But this was completely outside the directorate and the elections directorate was not involved in its management. Unfortunately, it was this infrastructure which crashed soon after it was deployed and therefore failed to provide any results for the party.’’ This he added was alluded to in the Kwesi Botchway report. The party had to fall back on the election directorate to collate the results manually. He was however quick to add that, ‘’if the system put in place outside the national election directorate of the NDC had survived, it would also have been the first time in history of election collation that, such a system would have been used.’’ The ruling NPP he said used the same system and in their case, it worked for them. He further clarified that, the election directorate had started the collation of results at the party headquarters right from December 7th, 2016 through to December 9th, 2016 when former President conceded defeat. At the time Mr Mahama conceded, the NDC had collated results from 235 constituencies, he disclosed. He shockingly disclosed to the press the prepared budget for the directorate was not approved. ’’We hope the question will not be asked, why did not have the electronic transmission system that would have enabled us collate directly from the polling stations to the national database. We prepared a budget for the directorate but we did not receive the necessary funding. We therefore were left with no other alternative but to work with the tools we had at our disposal.’’ He used the opportunity to slam individuals who have attacked Mr Ofosu Ampofo, the Director Elections for failing to collate results for the party. He described the allegations as palpable falsehood and untruthful statements. ‘’The attention of the elections directorate of the NDC has been drawn to some untruthful statements in some untruthful statements in some sections of the media to the effect that the elections directorate of the NDC headed by Mr Ofosu Ampofo, failed to collate the results of 2016 presidential elections. This view is palpably incorrect, and the directorate states categorically that the results were duly collated and compiled by members of the directorate and are available for verification at the party headquarters for those who care to know.’’
Published in General News
The High Court sitting in Accra has declined an application by Kennedy Agyapong seeking to dismiss the 25 million defamation suit against him by Anas Aremeyaw Anas. The Court also held that the writ filed by Anas does not in any way violate the constitutional rights of Mr Agyapong as no relevant legal points have been raised to substantiate that claim. Mr Agyapong claimed that the wearing of a. mask and the concealment of his identity breached his constitutional rights under article 33 of the Constitution. The Court directed Anas to furnish Mr Agyapong with a more detailed address in 10 days as the current address provided is not sufficient. The Court noted that Anas uses North Labone Crescent while Kweku Baako, who also lives there, describes it as North Labone Estates in a writ he filed in the Supreme Court. The Court further directed Mr Agyapong to file his statement of defence within 14 days. Mr Agyapong had filed an application seeking to dismiss Anas’ law suit on the bases that the writ was incompetent, that it did not disclose Anas' address, that even the address provided by Anas was not his address and he did not live there and finally that the writ breached his constitutional right as a person.
Published in General News
The leadership of a civil society group called the Citizens Forum Ghana have, as a matter of urgency called on the Nana Addo led government to adopt a way of prioritizing the sanitation problem in Ghana rather than making it a fashion show as ministers and agencies in charge of sanitation are paid for being idle. The no action attitude of those in charge of sanitation have rendered various MMDA’s confused on where to get a final disposing site due to the scarcity of land, the group posited. In a press release signed by Paa Clement and Sieh Francis, the secretary and executive director respectively, they expressed worry over the fact that, Ghanaians can’t manage their waste which has been a canker in the Brong Ahafo region especially Sunyani, Techiman and Ghana as a whole. In an interview, with Sieh Francis, the executive director, he grieved over the fact that, the sanitation issue if not tackled will send all investors away from the country since they wouldn’t want anything to do with malaria. He again cautioned the people of Ghana to do their best and also be citizens and not mere spectators. He urged the government to put in place appropriate measures to punish culprits who violate the saniation by laws. By: Doreen Oppong (Intern Rainbow Radio)
Published in General News
The Freight Forwarders Association of Ghana has reiterated the need for government to review the taxes charged at country’s ports. They are demanding an overhaul of the revenue collection systems at the various ports in the country. Technical member of the association, Kweku Otchere Darko in an interview said, the development is affecting their businesses. He told Rainbow Radio’s Kwame Tutu that attempts to reduce the taxes over the years have been unsuccessful. There are a number of taxes charged at the ports currently one of them is the Common External Tariff which was enacted in 2016, it repealed the Harmonized System and Customs Tariff Schedule 2012, there is also import duties which range between 0 and 35 percent depending on the nature of item imported. Others are VAT and NHIL of 17.5 percent and special import levy among others. He stressed, the taxes must be reduced to ease the burden they are currently facing as well as achieve tax compliance. He said, although the president established a committee to engage importers, the implementation and report are gathering dust. Freight Forwards in August this year laid down their tools to protest against the implementation of the Cargo Tracking Notes (CTN) system at the ports. The action they said was necessitated by the government’s failure to heed concerns on the policy, which impedes trade facilitation. The CTN requires importers to provide real time information on all consignments to Ghana to a global monitoring platform. Mr Otchere Darko maintained the CTN is an illegality and although government pledge to bear the cost, it has redirected shippers and freight forwarders to bear the cost. Government has backtracked on its decision to absorb the cost of the cargo tracking note (CTN) when the implementation of the module starts on October 15, 2018. This, however, means that shippers or importers are now to pay for fees or charges applicable to the CTN module contrary to an initial pledge by the government to absorb the cost. Meanwhile, importers, led by a Joint Business Consultative Forum (JBCF), have petitioned President Akufo-Addo expressing their displeasure at the proposed date for the implementation. “We appeal to the President to consider the difficulties and confusion that the implementation of the CTN will bring to bear on the business community,” the petition stated. The petition further said, CTN as a module could never be implemented at the country’s borders where goods were not packed in containers but were carried by vehicles and most of the time by head potters without manifest or bill of laden. “The CTN by this is, therefore, targeted at a section of the importing community who uses the mainstream sea ports and this is definitely not fair-trade. “We are very much aware also in this regard that over 50 per cent of imported goods into the country are exempted from the payment of duties and taxes. We are by this making it clear that there is no fairness with the whole tax system, since it is only the few compliant ones that are shouldering the tax burden. “We in the business community hereby state that such a porous system should not be imposed and, therefore, advise the government not to consider its implementation,”
Published in Business
Page 1 of 2
  1. Popular
  2. Trending


« October 2018 »
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31