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Aug 22, 2018
Alumni and students of the Kwame University of Science and Technology (KNUST), and Unity Halls, have petitioned Asantehene Otumfour Osei Tutu II to direct authorities at the school, to put on hold plans to convert all traditional halls into mixed ones. The group demonstrated and marched through the principal streets of Kumasi in protest against the conversion. Some Alumni joined the students in the protest and demanded that a new approach is adopted instead of the current one. The protestors accused school authorities of gagging students. They also appealed to the Overlord to intervene in order to prevent the conversion. Last week, a similar protest by Alumni of Katanga Hall was staged in Accra. A statement issued by KNUST few days ago said: the change is inline with the university’s policy of periodic review of residential accommodation for students. The statement signed by Registrar, Ben O. Andoh explained that, the school, ‘’… has decided that effective the 2018/2019 Academic year, all the six traditional halls of residence namely, Independence Hall, University Hall, Africa Hall, Republic Hall, Unity Hall and Queen Elisabeth II Hall would be designated as mixed halls.’’ The statement concluded by stating that, ‘’the university’s policy of expanding access to female students remain unchanged.’’
Aug 22, 2018
The head of the Archdiocese of Cape Coast, Archbishop Charles Palmer Buckle has advised Ghanaians against extravagant spending on funerals. Delivering a sermon at the funeral service of the late JH Mensah, at the Accra International Conference Centre today [Friday], the man of God advised Ghanaians to spend less money and time on funerals. He also added that just as we should set good examples for others to follow so that we do spend our entire money on funerals and on the dead. His remarks did not draw any response or applause from the mourners and so he had to quiz why the mourners failed to applaud in acceptance. This later drew some applause from the mourners. He encouraged Ghanaians to spend the resources spent on funerals on living by providing them with education, healthcare among others. He said: ‘’I beg you, let us spend these treasures of time, resources and money on the living. Educating our children and our youth in schools, buying medication and healthcare for our old folks in hospitals and in homes and for the development our country and for the good of posterity.’’ J.H. Mensah who died a month ago at the 37 Military Hospital was 89 years old. Born October 30, 1928, J.H. Mensah's political life serve as Finance Minister under Kofi Busia's Progress Party (PP) administration from 1969 to 1972, which was cut short by Ignatius Kutu Acheampong's coup. He was also the Senior Minister under President John Kufuor decades later in 2001. J.H. Mensah's life in politics began in 1953 when worked as an assistant inspector of taxes. In 1958, he joined the United Nations Secretariat at the Centre for Development Planning, Projections and Policies. He returned to Ghana in 1961 to Head the National Planning Commission Under his leadership, the National Planning commission drew up and implemented the Seven-Year Development Plan from 1962 to 1969. In 1969, he was elected to Parliament and became the Minister of Finance until 1972. After Acheampong's 1972 coup, J.H. Mensah was imprisoned under the National Redemption Council (NRC) in 1975. He was later forced into exile in the early 1980s but still headed a group opposed to the Provisional National Defence Council (PNDC) led by Flt. Lt. Jerry John Rawlings. J.H. Mensah with Nana Akufo-Addo after the NPP's victorious election 2016 After Ghana entered its Fourth Republic, in 1992, he served on the African Advisory Council of the African Development Bank from 1993 to 1997. In December 1996, J.H. Mensah successfully contested for a parliamentary seat in Sunyani East District on the ticket of the NPP and served as the Minority Leader in Parliament. He was re-elected in 2000 when the NPP assumed the mantle of governance after over three decades in opposition. J.H. Mensah was born to a father who was in the Gold Coast Civil Service and a mother who was a trader at the Kumasi Central Market. He was the third of 10 children. He attended St Peter's Cathedral School, in Kumasi and Achimota School after that. After Achimota School, J.H. Mensah went to the University of Gold Coast, where he studied economics. He is on record as the first President of the Junior Common Room of the Legon Hall.
Aug 22, 2018
Private legal practitioner, lawyer Ace Ankomah says it would be better for senior high school to make Ghana bankrupt than for corrupt leaders to steal our money. Moderating the Daily Graphic’s Dialogue on Education in Ghana last Wednesday, the outspoken lawyer described himself as scenic when it comes to the education policy on free SHS. The lawyer said: ‘’if free SHS will bankrupt the government of Ghana, and make available less money to be stolen, I support it.’’ The lawyer encouraged Ghanaians to support the policy and provide alternatives to make it better instead of the negative narratives. Every Ghanaian child he stated is entitled to free SHS. He said, as long as education exist; every Ghanaian is entitled to it at the same level. The dialogue came off on the 15th of August at the Kofi Annan ICT Center. It offered opportunity to stakeholders to understand the Free SHS and the Double Track System policies and to foster policy coherence and sustainability in Ghana’s educational sector. It was also aimed at inviting relevant recommendations to mitigate potential challenges that may be associated with implementation of the policies. Key stakeholders within the education sector, including representatives from the Ministry of Education, the Ghana Education Service, teacher associations, civil society, independent experts, educationists, and parents/guardians were at the event. Deputy Minister of Education, Dr. Yaw Osei Adutwum also joined a three-member panel discussion. President Nana Addo Dankwa Akufo-Addo has reiterated the commitment of his government to ensuring that the double-track school calendar, which will be implemented in September 2018 for some Senior High Schools in the country, is a success. According to President Akufo-Addo, “we are going to make sure it is a success. So, I am pleading with you, please ignore the Pharisees who are singing the ‘impossible’ tune, and stick with me. It will be a success.” Speaking on Sunday, 12th August, 2018, at Mpasaaso, in the Ahafo Ano North constituency, after inspecting construction works on the 19.5 kilometre Mpasaaso to Wioso Road, President Akufo-Addo stated that when the free SHS policy begun in September 2017, the naysayers were optimistic that the policy would fail. “The logical thing for them (naysayers) was for each person to pay for their education. Ghanaians chose to believe in me, and the Free SHS vision by the vote of the 7th December. Ghanaians indicated that they wanted Free SHS; that was the meaning of the emphatic vote I received in December 2016. “We are not going to go back on that, not today, not tomorrow! So, whenever the naysayers come to spread their lies, hoot at them, and do not give them audience,” President Akufo-Addo added. With 90,000 new entrants in 2017, and the number doubling to some 180,000 in September 2018, the President noted that “every child of school going age in Ghana will have the opportunity to go to school up to the Senior High School level, and I intend to keep that pledge.” On the Double-Track System, he assured the Chiefs and people of Mpasaaso, that “I will never present anything that is not worth it to the Ghanaian people. The double track system will ensure longer contact hours, teachers will have longer periods of interaction with the students, and the numbers of enrolled students will increase.”
Aug 22, 2018
Alhaji Baba Alhassan, the prime suspect in last Monday’s attack on the Tamale Teaching Hospital CEO, Dr. David Zaawumya Akobila has been granted GHc10, 000 bail with three sureties. The suspect was arraigned before the Tamale circuit court 2 presided over by His Honorship Anthony Aduku Aidoo. He is expected to return to court in two weeks. Baba Alhassan was picked up Thursday morning, a day after four others who were earlier arrested were released for lack of evidence. He was charged with unlawful entry, offensive conduct and assault. Northern Region Police PRO Mohammed Tanko said investigations are still ongoing to arrest accomplices in Monday’s attack. The ringleader and his men invaded the offices of the Tamale Teaching Hospital in vigilante style and instructed the CEO of the hospital Dr David Zaawumya Akolbila to walk out and hand over the keys. They accused the CEO of corruption and justified why they staged the attack.
Aug 22, 2018
Vice President Dr Mahamudu Bawumia has commended management of the Armed Forces College for rolling out courses designed to ensure conflict prevention, management and resolution, which would go a long way to address the pockets of potential conflict both in Ghana and the rest of the continent. Government will continue to support the College to undertake its vision of becoming the premier training institution for both the military and civilians, the Vice President assured. He was speaking as the Guest of Honour at the joint graduation ceremony of the Senior Division Course 39 and Msc. Defence & International Politics graduates of the Ghana Armed Forces Command and Staff College at the Otu Barracks, Teshie-Accra. Dr Bawumia acknowledged the niche the Ghana Armed Forces Command and Staff College continues to carve for itself as a center of excellence in Africa, for the training of officers for command, staff and leadership roles in their various Armed Forces and Allied Security Institutions. “My understanding is that the Defence Management and Conflict and Crises Management Modular Courses organized by the College brings together senior police officers to join their military counterparts in the College. This is the unique platform to build consensus and then lead the effort to harmonize cohesion between the two institutions, as you go out there to the field as commanders,” the Vice President pointed out, adding that the bonds formed at the GAFCSC should transcend the classroom. “The acquaintances and networks generated here in GAFCSC are fundamental in engaging your course mates on matters of national and international strategic significance. Trust me, maintaining and sustaining these cordial relationships at both the personal and professional levels will largely enhance your career accomplishments.” The Commandant of the Staff College, Rear Admiral Seth Amoama, urged the graduants to apply the lessons learnt to improve their various units and work places. “As you step out of this noble institution and return to your respective places of work in Ghana and abroad, remember the qualities of leadership that you have learnt over the period. “Do not forget the values of Loyalty, Accountability and the supreme quality of leadership: Integrity. With these values, you will earn the trust and commitment of the people you work with.” 58 granduants received either the Pass Staff College (PSC) symbol and/or a Master of Science in Defence and International Politics (MDIP) after 11 and 18 months of study respectively as part of the Senior Command and Staff Course 39 and the Weekend MDIP Batch 3. This year, and for the first time, the Combined Joint African Exercise (CJAX) 2018 was conducted with observers from sister Command and Staff Colleges of some member states of the Southern Africa Development Community (SADC), under the sponsorship of the German Government and in collaboration with the Kofi Annan International Peacekeeping Centre.
Aug 22, 2018
Chief Executive Officer (CEO) for UT Group, Mr Kofi Amoabeng has disclosed the collapse of UT Bank is having adverse effects on his other businesses. The businessman has issued a statement reacting to the collapse of the bank a year ago. According to Mr Amoabeng, the collapse of the bank has resulted in difficulties in servicing payments due its investors. “The actions so far taken by the central bank have adversely affected the operations of the remaining group of companies of UT. The UT brand which was previously a superbrand a few years ago has been totally defamed. The situation has, for instance, led to difficulties in the servicing of payments due investors,” he noted in his statement. He was also worried that the collapse of the bank had affected staff of the defunct company financially. More importantly to me today though, is the inability of several workers who once prided themselves as UT staff and now have little or nothing to show for their years of dedication and service; the negative impact on the other UT companies in the eyes of investors who believed in us and our vision to see a Ghanaian owned company become a successful global brand, he said. The licenses of UT Bank and Capital Bank were revoked in 2017. The Central bank approved a Purchase and Assumption agreement, allowing GCB Bank to take over all deposit liabilities and selected assets of both UT Bank and Capital Bank. These actions are in line with the provisions of section 123 of the Banks and Specialised Deposit Taking Institutions (SDIs) Act, 2016 (Act 930). A report conducted by the Central bank indicated that, hid a GHc5 million loan from the board of directors. The report also revealed that there was a significant amount of inter-group lending involving other subsidiaries of the holding company, UT Holdings, while connected party loans were made to some companies as listed below: • Ibrahim Mahama’s Related Companies, amounting to GHC 261.4 m and US $ 6.4 m • Quincy Sintim’s Related Companies, amounting to GHC 84.1 m • Beige Group’s Related Companies, amounting to GHC 10.9m “The bank sought a waiver of the Ibrahim Mahama related companies’ single obligor violations by the Bank, yet undertook a pass through US $6.4 million transactions by giving Beige Capital Savings and Loans a US $5 million placement as guarantee for Beige to extend a US$5 million loan to Hodman Brothers,” the report said. Kofi Amoabeng is the CEO of defunct UT Bank and the UT Group. He is a retired military officer (Captain) and an investment consultant. He graduated from the premier Business School in Ghana, University of Ghana Business School, with B.Sc Admin (Accounting). He is a fellow of the Chartered Institute Management Accountants (CMA-UK) and a member of Chartered Accountants CA (GH). From 1992-2003, he lectured at the Ghana Stock Exchange. Among his awards are:Most Respected CEO (Princewaterhousecoopers and , B&FT newspaper)2012, 2010, 2008.Ghana’s Giant for Johnny Walker’s Walk with the Giants’ project (2012)Finalist in the Ernst & Young West Africa Entrepreneur of the Year Award (2011)Overall Best Entrepreneur in the Maiden Ghana Entrepreneurs Award (2011)One of two Ghanaians profiled in Moky Makura’s book on Africa’s Greatest Entrepreneurs which profiles 16 of Africa’s top entrepreneurs. Two times running Ghana’s Most Respected CEO for 2008/2010.
Aug 22, 2018
Former Chief Executive Officer (CEO) of defunct UT Bank, Mr Kofi Amoabeng has broken his silence over the collapse of the bank a year ago. The businessman in a statement reacting to the collapse he is personally disturbed following events that led to the collapse of the bank. In a statement, Mr Amoabeng said: “Personally, I have been deeply disturbed by events that preceded the collapse of UT bank and more so, some of the happenings that have unfolded after the takeover by the Bank of Ghana.” “In truth, my heart bleeds as I struggle to come to terms with the fact that the organization we toiled so hard to build over 20 years ceases to exist. A lot has been said over the period in question,” he said. Mr. Amoabeng explained that he had refrained from making public comments about the collapse of his bank due to ongoing investigations by the Economic and Organized Crime Office (EOCO) into circumstances that resulted in the failure of the bank. The Bank of Ghana in 2017 took over UT Bank and Capital Bank because the two banks were deeply insolvent, meaning that their liabilities exceeded The Central bank in that year explained that, their assets, putting them in a position not to be able to meet their obligations as and when they fell due. Despite repeated agreements between the Bank of Ghana and UT Bank and Capital Bank to implement an action plan to address these significant shortfalls, the owners and managers of UT Bank and Capital Bank were unable to increase the capital of the banks to address the insolvency. Consequently, to protect customers, the BOG decided to revoke the licenses of UT Bank and Capital Bank under a Purchase and Assumption transaction.
Aug 22, 2018
Ghana fencing team failed to participate in this year junior and cadet fencing commonwealth games in the United Kingdom (UK). The inability of the team to participate in the games was due to lack of funds. Speaking to Nhyiraba Kwabena Asirifi on Rainbow Sports today [Thursday], captain of the team, Iddrisu Bashiru, revealed that, they were waiting for approval from the ministry to support them in this year’s commonwealth championship but “we have made every attempt to contact the minister but to avail”. He disclosed that, the minister gave them strong assurance of support from government so they could participate in the games. However, one week to the event, he failed to pick our calls or reply our messages.'' According to him, this is the third time the minister has disappointed the team, adding, the team participated in similar events in Ivory Coast and Nigeria and placed second on the medal table but the ministry failed to offer any form of support. ‘’This would have been Ghana’s first time participating in the commonwealth championship but we failed to make it to the championship due to lack of funds. It is not only discouraging but also worrying, he lamented. He further elaborated that the association organized inter-schools games recently but the minister failed to show interest in the games. ‘’People have not heard about fencing but the minister knows about it and should have created publicity for it,’’ he opined. ‘’The minister’s focus is on football, but fencing has created employment for us. We are appealing to the ministry to show interest in other sporting activities just like football. We do not have to rely only on football and deprive the other sporting activities, he noted. Fencing is a group of three related combat sports. The three disciplines in modern fencing are the foil, the épée, and the sabre; winning points are made through the contact with an opponent. By: Isaac Mortey (Intern, Rainbow)
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