Author: Krobea

Over 3000 African elite interests in downstream oil and gas have met in Lagos, Nigeria for this year’s Oil Trading and Logistic Downstream Week. Dubbed ‘Downstream – Renewed Opportunities’, the event was aimed at providing the platform to promote business, policy, and stakeholders relationships in downstream petroleum markets across the continent. Speaking at the ceremony, Dr. Mohammed Amin Adam, the Deputy Minister of Energy, invited investors in the sub-region to take advantage of Ghana’s favourable petroleum market environment and invest in infrastructure such as oil jetties, pipeline and distribution infrastructure, refineries and gas processing plants, storage and loading gantries. “Our…

Western diplomats have warned of “growing insecurity” in Kenya ahead of Thursday’s presidential election re-run, boycotted by the main opposition. Inflammatory rhetoric and attacks on the election commission made it more difficult to hold a legitimate poll, the 20 envoys said. Kenyan prosecutors said opposition leader Raila Odinga’s sister would be charged with inciting violence. Mr Odinga has vowed to disrupt Thursday’s poll with a mass protest. He says the vote cannot be held before key reforms, including the sacking of Independent Electoral and Boundaries Commission (IEBC) officials, are implemented. About 70 people have been killed in violence since the…

President Nana Addo Dankwa Akufo-Addo has appointed Dr. Edward Kwapong as the Acting Chief Executive Officer of the Fair Wages and Salaries Commission (FWSC). He replaces the Commission’s first and only CEO George Smith-Graham, who resigned earlier this year after a change in government. He was introduced to the staff of the Commission Monday afternoon by the Deputy Minister of Employment and Labour Relations, Bright Wireko-Brobbey, in the company of the Chief Director at the Ministry, Longmann Atta Kumah. Profile Until Dr Kwapong’s appointment, he was the Chief Executive of HR Perspective Ltd,  an HR Consultancy firm. He was also…

Mobile money is great. However, MTN Mobile Money is far from great. In fact, it appears to be an endless case of fraud peddling from its mobile money vendors. It’s strange how we hardly hear of TIGO CASH, VODAFONE CASH OR AIRTEL MONEY fraud cases yet MTN Mobile Money fraud seems to be everywhere (just like their tagline). This is despite the seemingly extensive anti mobile money fraud campaign MTN has rolled out. MTN, you can do better. Just because your anti mobile money fraud campaign is ‘everywhere’ doesn’t mean it’s working. Miscreants will always adopt new strategies to defraud…

Tema Youth FC’s 2-0 loss at Berekum Chelsea and Great Olympics’ 1-0 loss at Bechem United saw the two Accra-based sides relegated from the Ghana Premier League. Five clubs faced relegation ahead of the final day of the 2016/2017 season. SURVIVAL SUNDAY in the Ghana Premier League. Who will be relegated after today’s games? #3Sports pic.twitter.com/9V2Zs7ehch — #3sports (@3SportsGh) October 22, 2017 But wins for some of them – notably Elmina Sharks (2-0 Wa All Stars) and Liberty Professionals (2-1 Asante Kotoko) – saw them have another opportunity to battle in top-flight football in Ghana. Bolgatanga All Stars, who were…

The World Health Organization has revoked the appointment of Zimbabwe’s Robert Mugabe as a goodwill ambassador following a widespread outcry. “I have listened carefully to all who have expressed their concerns,” WHO head Tedros Adhanom Ghebreyesus said in a statement. He had previously praised Zimbabwe for its commitment to public health. But critics pointed out that Zimbabwe’s healthcare system had collapsed under Mr Mugabe’s 30-year rule. Staff often go without pay, medicines are in short supply, and Mr Mugabe, who has outlived the average life expectancy in his country by three decades, travels abroad for medical treatment. Mr Tedros said…

The Progressive People’s Party (PPP) has resolved to continue to lead the fight for the election of metropolitan, municipal and district chief executives (MMDCEs). The party will also “work relentlessly to have the 1992 Constitution amended to pave the way for the election of MMDCEs through universal adult suffrage by the end of 2019 and ahead of the 2020 general elections”. The decision was reached at the end of the 4th National Convention of the party held in Bolgatanga, Upper East Region on Saturday. The two-day convention of the progressives was dedicated to the election of MMDCEs as it was…

The new head of the World Health Organisation (WHO) is rethinking a plan to appoint Zimbabwe’s President Robert Mugabe as a goodwill ambassador. Dr Tedros Adhanom Ghebreyesus’s original proposal sparked an outcry. He had previously praised Zimbabwe for its commitment to public health. But Mr Mugabe’s critics say Zimbabwe’s healthcare system has collapsed under his 30-year rule, with staff often going without pay while medicines are in short supply. It led Zimbabwean human rights lawyer Doug Coltart to take to Twitter to question how the WHO felt about having “a Goodwill Ambassador who destroyed the health sector in his country”.…

An issue under current discussions is whether Ghana should add the ESLA-backed Energy Bond it is to issue to public debt, instead of remaining on VRA’s Balance Sheet. ESLA means Energy Sector Levy Act, 2015 (Act 899). Ghana has issued an ESLA Bond Prospectus and roadshows are underway for investors at home and abroad. We understand that the IMF takes a public debt view for the impending 5th ECF Program Review. Our opposing view is that, even if this multilateral view prevails, Ghana should keep to plan and not classify such bonds or loans as public debt in the Public…

Maverick light heavyweight boxer Braimah Issah Kamoko popularly known as Bukom Banku suffered his first professional defeat on Saturday night. The defeat came by way of a 7th round technical knock-out in a cruiser-weight bout against undefeated Samir Bastie at the Bukom Boxing Arena in Accra. The bout was dubbed ‘Make or Break’ by Box Office Promotions as the two boxers had looked forward to it since 2013, when Bastir nicknamed ‘The Beast’ challenged the loudmouthed Banku. The bout had to be postponed in September for television rights owners to promote it amply. The two boxers had claimed they had…