Author: Krobea

Businesses and financial institutions have been implored to institute robust security systems and surveillance in order to be fraud-protected. The call by the Country Chief Inspector of the United Bank for Africa (UBA), Chiedu Okonta, has become necessary, due to the increasing cases of fraud recorded in the financial sector. A 2014 PWC report showed that a typical business loses 5% of annual revenues due to fraud. When this is applied to global GDP, the result is an estimated $3.7 trillion in annual fraud losses. This report also indicated only 14% of businesses are able to fully recover from unauthorized…

The University Teachers Association of Ghana (UTAG) has given government up till the end of September to complete the payment of last academic year’s Book and Research Allowances. Members of UTAG threatened to withdraw their services on Monday, September 14 if government failed to show commitment to pay the Allowances due them two months ago, by the latest. “UTAG would like to inform the public and all stakeholders that it has suspended its intended withdrawal of its services in all public universities by the close of day today, Monday, September 14, 2020,” a press statement from the Association said. “This…

Two Ghanaian citizens – Deborah Mensah and Maxwell Peter – have been extradited to the United States of America to face charges to do with cyber fraud. Deborah Mensah, 33, is said to have been arrested on January 16, 2020 in Accra but charged in the US “with one count of conspiracy to commit wire fraud, one count of wire fraud, and one count of conspiracy to commit money laundering, which each carry a maximum sentence of 20 years in prison”. The US Department of Justice accused Deborah Mensah of stealing over $10million between 2014 and 2018 through business email…

The Electoral Commission, Ghana (EC) has announced that filing of nomination forms for presidential and parliamentary candidates for this year’s general elections will begin on Monday, October 5 to Friday, October 9. Addressing journalists at the EC’s headquarters on Monday, September 14, Chair of the Commission Jean Mensa announced that the nomination forms will be available on the EC’s website from 6:00pm Monday. But candidates can only access the forms via unique passwords to be made available to general secretaries of the various political parties. Independent candidates, Mrs Mensa stressed, can access the passwords from the IT department of the…

The Queen mother of the Wassa Fiase Traditional Area in the Western Region, Nana Abena Kunadjoa II, has declared her support for the Vice Presidential Candidate of the National Democratic Congress (NDC), Professor Naana Jane Opoku-Agyemang, ahead of election 2020, stressing that the “NDC is a party that is dear to our hearts”. “I know you will take the seat and by God’s grace you will take the seat,” the Queen mother declared when the Vice Presidential Candidate paid a courtesy call on the Western Regional House of Chiefs. Nana Abena Kunadjoa II stated that Professor Naana Opoku-Agyemang has demonstrated…

The National Democratic Congress (NDC) aspiring Member of Parliament for the Anyaa Sowutuom Constituency in the Greater Accra Region has painted a dire state of the constituency. Mr. Emmanuel Adotey Allotey said residents in most parts of the Constituency live in panic anytime it rains because floods are rampant. “Residents in eight out of the 13 electoral areas in the Constituency cannot sleep when it rains because flooding is everywhere.” Speaking on Onua FM’s Ghana Dadwene hosted by Nana Yaw Opare on Sunday, the NDC Parliamentary Candidate for the 2020 election said: “I want my job to speak for me…

The Chief Executive Officer for Student Loan Trust Fund (SLTF), Nana Kwaku Agyei Yeboah, has welcomed manifesto promises by the ruling New Patriotic Party (NPP) and the largest opposition National Democratic Congress (NDC) to abolish guarantorship for student loans. He has described the move by the parties as brave and laudable which would go a long way of allowing many tertiary students to access the loan. In an interview on Yensempa on Onua FM on Monday, September 14, Mr Agyei Yeboah revealed that the guarantorship over the years has been a hindrance to applicants and he would on any day…

Award-winning broadcast journalist Aduanaba Kofi Asante Ennin has received massive endorsement from political and religious leaders as he takes over as morning show host of Akoma FM in Kumasi. Ashanti Region Minister Simon Osei Mensah and Member of Parliament for Asunafo South Eric Opoku are among a section of politicians who called into the maiden edition of ‘GhanAkoma’, a show set to drive sustainable community development. They endorsed the show and congratulated the host on the new phase in his career. “Kofi, I have followed you since you begun your morning show and you are one of the few professionals…

Agriculture has remained the mainstay of the Ghanaian economy for many decades. The contribution of the agricultural sector to the development of the country in job creation, export earnings, income and food for domestic consumption, has been been very immense. In terms of Gross Domestic Product(GDP) growth, the sector alone contributes more than 50%.  Foreign exchange through export earnings from agricultural commodities and produce hover around 40%. The annual growth of the agricultural production has been slow for many years. In recent years, agriculture has grown from 2.9% in 2016 to 6.1% in 2017. In 2018, agricultural GDP grew by 4.8%.…

We see them as too loud, and abrasive and chaotic and we believe they think they can outsmart everybody, especially Ghanaians. They think we are too submissive, not very smart, always punching above our weight and nothing upsets them more than Ghana defeating Nigeria, in anything. The Ghana-Nigeria rivalry has been around for as long as both countries have existed. When I was a child, there was a Nigerian in every town and village in Ghana. I went to school with them and there was the Nigerian woman – “Mami Alata” they were called – who sold everything and you…