Wednesday, 10th August, 2022

Page 2
Antalya in Turkey remains a popular
Ukrainian President
Volodymyr Zelensky
has called on Western
countries to ban
all Russian visitors
- and the Kremlin has responded
with scorn.
Russians should "live in their
own world until they change
their philosophy", Mr Zelensky
told The Washington Post.
Such a ban, he argued, would
be more effective than the
current sanctions, which bar Russian
airlines and officials linked
to the Kremlin.
Russians can still get EU and
US visas.
Mr Zelensky's call may get
only limited support, as Russia -
despite sanctions - has extensive
global business ties and Russian
tourists are still welcome in holiday
destinations such as Egypt,
DAILY ANALYST Wednesday, 10th August, 2022
sians can live a normal life, travel
in Europe, be tourists".
Estonia and Finland are
expected to raise the visa issue at
an EU foreign ministers' meeting
soon.
President Vladimir Putin's
spokesman Dmitry Peskov condemned
Mr Zelensky's proposal,
saying "this can only be viewed
extremely negatively".
"Any attempt to isolate Russians
or Russia is a process that
has no prospects," he said.
The EU's Schengen visa allows
a visitor to stay in the EU for up
to 90 days for tourism or business.
The visitor can travel freely
within the 26-nation Schengen
zone in that period - a zone
embracing 22 EU states plus
Iceland, Norway, Switzerland and
Liechtenstein.
So Russians can still visit
most EU countries despite the
lack of direct air links. Those on
Western sanctions lists however
- many oligarchs and officials
linked to President Putin and the
Russian military - are barred.
Russia's 24 February invasion
of Ukraine triggered far-reaching
Western sanctions and prompted
tens of thousands of Russians to
go abroad. They include opposition
activists, but also many who
are politically disengaged and
Global News
see better opportunities outside
Russia.
Mr Zelensky said "the most
important sanctions are to close
the borders - because the Russians
are taking away someone
else's land".
He has previously condemned
the Western failure to ban all
imports of Russian gas and oil
- a trade which helps to fuel Mr
Putin's Ukraine campaign.
The Russian invasion has
killed thousands and forced millions
of Ukrainians to flee abroad,
mostly to Poland and other nearby
EU countries.
Ukrainian anger at Russian
aggression has expressed itself
in a backlash against the Russian
language and culture.
Some Ukrainian celebrities
announced on social media they
were no longer using Russian in
public - yet the language is widely
used in Ukraine, and has been
for centuries.
In the capital Kyiv earlier
this year, an online public vote
picked new names for five metro
stations, to replace names with
Russian or Soviet-era connections.
So Leo Tolstoy Square is to be
called Vasyl Stus, and Heroes of
the Dnieper will become Heroes
of Ukraine. Druzhby Narodiv
station - meaning "friendship of
peoples" - will be called Botanical.
The Baltic states previously in
the Soviet Union - Estonia, Latvia
and Lithuania - are among the EU
members most strongly supportive
of Ukraine.
Estonia and Latvia now no
longer issue Schengen visas to
Russians - yet they have large
ethnic Russian minorities. Russians
with Schengen visas issued
by other EU members can still
enter the Baltic states and travel
on, however.
Bulgaria had a diplomatic
spat with Russia and they have
stopped issuing tourist visas for
each other's citizens.
Mr Peskov compared that
stance to nationalist attitudes
that prevailed in the run-up to
World War Two.
"In their unfriendliness,
many of these countries slip
into forgetfulness," he said. "And
they resort to statements that
we heard from several European
countries in the centre of Europe
80 years ago."
In France, the Château de
Vincennes near Paris has barred
entry to Russians since the
invasion of Ukraine. The former
royal residence - a popular tourist
attraction - has French armed
forces archives.
Donald Trump says FBI agents
raided his Mar-a-Lago Florida home
Donald Trump has
said his Florida
home was raided
by the FBI, in a dramatic
escalation of
the legal investigations into the
former US president.
In a lengthy statement on
Monday evening, Mr Trump
said a "large group" of FBI
agents were at Mar-a-Lago in
Palm Beach and had broken
open a safe.
The search is reportedly
linked to an investigation into
his handling of classified and
sensitive material.
The FBI and the Department
of Justice have not yet commented.
An unnamed law enforcement
official told CBS News, the
BBC's US partner, that the Secret
Service was notified shortly
before the warrant was served
at about 10:00 local time (14:00
GMT) and that agents protecting
Mr Trump helped the FBI
investigators.
Several boxes were taken
away, the source said, adding
that no doors were kicked down
and the search had concluded
by late afternoon.
Some reports suggest the
FBI activity - which Mr Trump
described as an "unannounced
Turkey and the United Arab
Emirates.
But on Tuesday, Estonia's
Prime Minister Kaja Kallas
tweeted: "Stop issuing tourist
visas to Russians. Visiting Europe
is a privilege, not a human
right."
Last month, Latvian Foreign
Minister Edgars Rinkevics
told the Politico website that
EU countries should restrict
issuing visas for Russians, with
an exemption for humanitarian
reasons.
And on Monday their Nordic
neighbour Finland also backed
restrictions on Russian visitors.
Finnish Prime Minister Sanna
Marin told national broadcaster
YLE "it's not right that
at the same time as Russia is
waging an aggressive, brutal war
of aggression in Europe, Rusraid"
- was connected to an
investigation into whether
the former president removed
classified records and sensitive
material from the White House
and took them to Mar-a-Lago.
Eric Trump, the president's
second-oldest son, told Fox
News that it was related to an
investigation into the handling
of National Archives (NA)
records that were taken to
the Florida residence after his
father left office.
US presidents are required
by the Presidential Records Act
(PRA) to transfer all of their
documents and emails to the
NA.
The government agency
said in February that it had retrieved
15 boxes of papers from
Mar-a-Lago, which Mr Trump
should have turned over when
he left the White House. It
later told Congress the boxes
included items marked as classified
national security information
and asked the Justice
Department to investigate.
Mr Trump at the time
rejected reports that he had
mishandled official records as
"fake news".
A federal search warrant
must be signed by a judge
and legal experts suggest this
warrant was probably approved
at the top levels of the Justice
Department.
Although such a warrant
does not suggest that criminal
charges are expected, law enforcement
agencies must first
demonstrate the possibility
that evidence of illegality will
be found.
The FBI and the Justice
Department rarely comment on
active investigations and neither
has issued a statement.
The search marks a major
escalation in the months-long
investigation into the han-
dling of classified documents
and comes as Mr Trump - who
was in New York at the time -
prepares for a possible further
presidential run in 2024.
In his statement, he said
he had co-operated with all
relevant government agencies
and so the "unannounced raid
on my home was not necessary
or appropriate".
"Such an assault could only
take place in broken, Third-
World countries," he said. "Sadly,
America has now become
one of those countries, corrupt
at a level not seen before."
The search at Donald Trump's home is highly unusual and
News of the search has mobilised
some of Donald Trump's
supporters. A group gathered
outside Mar-a-Lago to wave
flags and express their anger
while others have travelled to
Trump Tower in New York.
Meanwhile, in Congress,
many Republicans expressed
their anger. House of Representatives
Republican minority
leader Kevin McCarthy said:
"The Department of Justice has
reached an intolerable state of
weaponised politicisation."
A senior White House
official told CBS that President
Joe Biden's administration
was given no notice of the FBI
search in Florida on Monday.
The White House has said it is
limiting its interactions with
Justice Department officials to
avoid any hint of political pressure
or impropriety.

DAILY ANALYST
Wednesday, 10th August, 2022 Page 3
Frontpage Stories
In wake of Ghana’s recent
downgrade of its foreign
and local credit ratings
from B-B to CCC+C, former
President John Mahama
has called for an urgent national
dialogue on the economy.
Such a move, he said, will
help save the ailing Ghanaian
economy, and its debilitating
effects on Ghanaians.
He explained that national
dialogue will bring together some
of the best brains in the country
to find solutions to Ghana’s
growing economic woes.
In a Facebook post, Mr.
Dramani Mahama said: “There
appears to be no end to the
problems with the Ghanaian
economy, with the recent
downgrade to CCC+/C Junk
status.”
According to him, the steep
Akufo-Addo inspects
GH¢9.2m Yam/
Cassava factory
depreciation of the Ghana Cedi
showed clearly that the mid-year
review of the 2022 budget failed
to win back the confidence of
the investor community and the
Ghanaian public.
“Unfortunately, no credible
remedial plans have been put
forward by the government
to salvage the economy,” he
bemoaned.
S&P indicated that the
downgrade was due to
intensifying financing and
external pressures on the
Ghanaian economy.
And before S&P’s downgrade,
Fitch had already downgraded
Ghana’s Long-Term Foreign-
Currency Issuer Default Rating
(IDR) to ‘B-‘ from ‘B’ and handed
it a negative outlook.
Moody’s Investors Service
(Moody’s) also downgraded
Ghana’s long-term issuer and
senior unsecured debt ratings to
Caa1 from B3 and changed the
outlook to stable from negative.
The Finance Ministry
has, already, expressed
disappointment at the credit
rating agency’s decision.
It says despite the impact of
global external shocks on the
economy, government has taken
some proactive measures to
revive the economy.
It said some key revenue and
expenditure measures, including
the 30% cut in discretionary
expenditures, have been
implemented.
Meanwhile, President Nana
Addo Dankwa Akufo-Addo is
Former President John Mahama
upbeat that Ghana’s economy
will bounce back, despite recent
challenges.
He said, although he admits
times are difficult, the economic
situation of the country will turn
around shortly.
“Yes, the difficulties are
there, and I want to minimize the
difficulties that are affecting the
lives of ordinary people in a very
negative way. What I am saying
to the people of Ghana is that,
they should continue to have
confidence,” the President said.
The President of the
Republic, Nana Addo
Dankwa Akufo-Addo,
on Tuesday, 9th August
2022, visited Global
Almas Processing Ltd, a yam
and cassava processing factory
located in Bimbilla, in the
Northern Region.
Taking the President on a
tour of the factory, the Deputy
Minister for Trade and Industry
and Member of Parliament for
New Juaben South, Hon. Michael
Okyere Baafi, indicated to the
President that the company has
taken advantage of the available
local raw materials in the
Nanumba and surrounding areas
to process yam and cassava flour
for both domestic and foreign
markets.
According to the Deputy
Minister, Global Almas has land
bank of more than 2,000 acres
at Bimbilla, and additional
land would be acquired as
the operations expand with
anticipated increase in demand
of products.
He noted also that the factory
produces 1,000 cartons of Yam
Fufu Flour per day, under the
brand name Almas Yam Fufu
Flour, requiring the purchasing of
10,000 yam per day.
With respect to the cassava
processing line, some 200 bags
cassava flour is produced per
day, with the company engaging
some 20 farming groups, who
have committed themselves to
producing for the factory.
Hon. Baafi indicated to
the President that the total
cost of the factory is pagged at
GH¢9.2 million, with 60% equity
contribution from the Promoter
translating to about GH¢5.2
million. The Ghana Exim Bank
has also provided a credit facility
amounting to GH¢1 million
(10.8% of the total project cost)
which was disbursed in February
2021.
Global Almas has, thus far,
created more than 74 direct
jobs including Management,
Supervisors, Food Scientist,
Laboratory Technician and
Maintenance Technicians as well
as women who are involved in
the peeling, cleaning, bagging,
stitching machine attendants
and sorting of the yam/cassava.
In addition, over 400
additional Indirect jobs have
been created for out-growers,
transporters, harvesting team,
packaging & handling, sales
outlets, etc.
Already, the company
has signed an agreement
with Sinostone Ethanol
Manufacturing Company located
in Juapong to supply 1,000 tons
of cassava chips every month.
Another agreement has been
concluded with Bofas Company
Limited located in Wa for the
supply of 40-foot container of
yam fufu flour every month for
export to the US market.
Bawumia inaugurates Zongo
Development Fund Board
The Vice President, Dr.
Mahamudu Bawumia,
has inaugurated the
Board of the Zongo
Development Fund at
the Jubilee House in Accra on
Tuesday, August 9, 2022.
Dr. Bawumia also
administered the swearing-in of
the eleven-member Board, which
is chaired by Mr Seidu H Nasigri.
Addressing members of
the board after swearing them
into office, Dr. Bawumia urged
members to "work assiduously
with all stakeholders, to ensure
that the ZDF continues to deliver
on its mandate.."
The Zongo Development
Fund, Dr. Bawumia noted, is
very dear to the "heart of the
President and government and
all of us" because it was set set
up to bridge development gap
between Zongo communities and
other parts of the country.
"Since the passing of the
ZDF Bill and the signing of the
Act by the President in 2018,
the development of Zongos,
have, for the first time since
independence, been included
in the national budget, and
the impact is so obvious," Dr.
Bawumia said.
"As we envisioned, the ZDF
has been a vehicle for inclusive,
sustainable development for
Zongo communities delivering
projects such as: renovation and
construction of classroom blocks,
clinics, drainage systems, water
systems, security installations,
bridges, roads, entrepreneurial
support, educational
scholarships, astro turfs, among
others."
The Vice President continued
that as part of government’s
broader vision to widen
opportunities to education, the
ZDF's has prioritised investment
in education.
"This has resulted in the
construction of a number of
modern educational facilities
such as classroom blocks, ICT
centres, and libraries in many
Zongos."
"Also, about 40 brilliant
but needy Zongo students are
currently in Cuba training to be
medical doctors, thanks to the
vision of this government to
ensure inclusive development
for all."
"Not only that, the ZDF,
has also given out hundreds of
tertiary educational grants to
young people from the Zongos to
pursue tertiary education."
Dr. Bawumia reiterated
government's commitment
to delivering more for Zongo
communities "in our quest to
ensure inclusive development."
"Surely, ours is not the politics
of rice and sugar. We promised
the people of Zongo and we are
delivering through sustainable
policy, with education as the
catalyst."
"There is so much work to do
to ensure that the ZDF spreads
its development to more Zongos
across the country," Dr. Bawumia
told the board members.
Members of the Board are:
Mr. Seidu H Nasigri, Alhaji
(Chairman), Arafat Sulemana
(CEO), Ahmed Saed, Hajia Barkisu
Seidu Bawie, Chief Dalhu S. Abdul
Mumin, Sagnari Naa Amb. Yakubu
Abdulai, Chief Manmoud Dandey,
Rev. Dr. Cyril Gershon Kwao
Fayose, Chief Alhaji Shakson
Osumanu Issahaku and Ahmed
Abdulai Abu.

Page 4
DAILY ANALYST Wednesday, 10th August, 2022
GNPC Senior
Senior staff of the Ghana National Petroleum Corporation
(GNPC) have debunked some negative media
reports against their CEO, Mr. O-A Danquah, affirming
that the latter has exhibited stellar leadership.
In a statement, the senior staff said they were appalled
by the unsubstantiated allegations made against their
boss and urged the public to ignore such false reports.
“The Executive body of the Senior Staff Union wishes to
state on record that we have not received any complaint or
grievance whatsoever from any person or group regarding
the conduct of our Chief Executive. Indeed, there is currently
industrial harmony, and the prevailing atmosphere in the
Corporation is one of calmness,” the senior staff said in a
strongly worded statement issued in Accra yesterday.
Read below the full statement:
PRESS RELEASE
GNPC STAFF STRONGLY SUPPORTS ITS CEO, AMID FALSE
FACELESS
ATTACKS
Petroleum House, Tema: 9th August 2022: Following false
media reports suggesting confusion within the Ghana National
Petroleum Corporation (GNPC), the Senior Staff Union (SSU)
of GNPC is firmly backing their CEO, Mr. O-A Danquah, in his
stellar leadership and is appalled by unsubstantiated publications.
In a statement released by the Senior Staff Union, said:
“The Executive body of the Senior Staff Union wishes to
state on record that we have not received any complaint or
grievance whatsoever from any person or group regarding
the conduct of our Chief Executive. Indeed, there is currently
industrial harmony, and the prevailing atmosphere in the
Corporation is one of calmness.”
Mr. Danquah has brought on board some positive energy
to the operations of GNPC and is determinedly steering the
corporation in the right direction. There is indeed a general
sense of hope and great expectations amongst staff.
Contrary to false reports that the CEO has provided misleading
information about the finances of GNPC and unprofessional
conduct, Mr. Danquah since taking over as CEO has
actively instituted cost-saving measures and improved capacity
building for staff in key areas to upgrade their knowledge
and competencies to help GNPC execute its mandate as the
National Oil Company of Ghana.
To effectively utilise the skillsets of staff and diversify
their knowledge base, Mr. Danquah has made cross-functional
movements consistent with industry practice as well as
GNPC’s Corporate Plan in compliance with the Conditions
of Service, after obtaining Board approval. These movements
are aimed at energising the corporation to respond to current
global trends in the oil and gas industry.
To enhance team bonding, unity, and camaraderie, he is
enabling an environment through consistent staff engagement,
especially with the Senior Executive Committee (Ex-
Com), where there is open discourse for corporate advancement.
The management of GNPC and Staff assures the general
public and all stakeholders that it is unwaveringly focused
on its ultimate goal of increasing oil and gas reserves for
the country and profoundly impacting the livelihoods of all
Ghanaians.
Encl: SSU Statement
Opoku Ahweneeh Danquah, GNPC CEO
Story: Freeman
Koryekpor Awlesu
The Sefwi Chirano
Traditional Council
has expressed grave
concern over recent
killings in Sefwi.
Recently, there were reported
cases of mysterious killings in
Sefwi Wiawso, Sefwi Anhiwaso,
Sefwi Chirano and specially
Sefwi Bekwai and its environs;
a situation which is a major
source of worry for traditional
authorities.
In a statement, the Paramount
Chief of Sefwi Chirano
and Vice President of the
Western North Regional House
of Chiefs, Okogyeman Kwaku
Gyamprah II, said, “I have been
devastated by this ill development
as the traditional ruler
of my area, and hereby extend
my condolences to the bereaved
family of the deceased.”
In July, an 11-year-old girl
was believed to have killed herself
in Sefwi Wiawso.
Weeks later, the headless
body, of a 27-year-old woman,
was found in an uncompleted
building at Sefwi Bekwai.
These developments and
several others have heightened
fears in the communities, with
the traditional council asking
the security apparatus to expedite
actions in addressing the
state of insecurity.
“I, therefore, condemn this
act and unequivocally state that,
under no circumstance, should
any human being lose his or her
life in such a circumstance. I am
passionately appealing to the
security agencies to do the best
thereof, to bring the perpetrators
of this heinous crime to book in
earnest”, the statement added.
PRESS RELEASE
RE: RECENT HUMAN KILL-
ING IN SEFWI AREA
TO: ALL MEDIA HOUSES
The centre of God’s creation
has always been humans, and
without them, I doubt whether
God’s purpose for creation would
have been met in perfection.
It is why both the Bible and
Quran place high premium on
human lives. Further, nations
across the globe have declared
edicts forbidding intentional
killings of humans, with few exceptions,
in any form or shape.
Expectedly, the protection of
human lives is guaranteed and
no man has the right to take
another man’s life, even with
the fairest of justifications or
excuses.
However, the dastardly act
of men killing their fellow men
motivated by whatever reason
is seemingly unabated and has
been with us since creation.
In times past, the towns and
villages of Sefwi Wiawso, Sefwi
Anhiwaso, Sefwi Chirano and
specially Sefwi Bekwai and their
environs have been in the news
for all the bad reasons.
The bad press Sefwi towns
and villages attracted disturbed
the peace and image of the indigenes
of Sefwi enclaves, which I
belong as the paramount Chief
of Sefwi Chirano Traditional
Area.
In the 1980’s, Sefwi enclaves
gained the notoriety for human
killings or sacrifices, making
the area a lion’s den to live.
Indeed, one always dreaded to
live in Sefwi and its environs for
either business or tourism. This
ubiquitous fear existed among
everyone in Ghana, and those
who suffered the most were
Sefwi folks.
A phenomenon that made
the natives of Sefwi enclaves
gained all the negative connotations,
as they were constantly
tagged and perceived as evil
people.
Whichever way one examines
this ill situation, it becomes
overly difficult to disassociate
some Sefwi folks whilst accusing
others of this heinous acts. For
as the saying goes “one bad nut
spoils the whole soup”.
The innocent people of Sefwi
towns and villages have suffered
quite too long with this
negative stigmatization that
characterized both genuine and
hard-working businessmen and
ordinarily folks from the area,
which triggered their business
as well as political fortunes to
dwindle quite exponentially.
Unfortunately, these human killings,
during those periods, have
survived any kind of good deeds
the people of Sefwi are noted for.
For over a decade, the
darkened image of the area
has somewhat brightened and
slipped through the womb of
time. This milestone was not
a fluke but owing to stringent
measures and commitments
by the security forces and the
efforts of Nananom, and as a
result, Sefwi enclaves have enjoyed
peace and reassurance that
these heinous crimes of human
killings have bidden cheerio
to the people of Sefwi and its
environs.
At least, Ghanaians, during
these times, have grown in
confidence and assurance that,
this rancid ill notoriety that the
people of Sefwi enclaves were
once associated with has been
diffused utterly. This, I must say,
as a traditional leader is overly
refreshing and welcoming.
Bizarrely, just as when the
people of Sefwi environs seem
to perpetually celebrate this
feat in hope that, the ghosts of
these heinous human killings
have been mutilated and buried,
we woke up to the news, few
days ago, that a woman has been
beheaded in Sefwi Bekwai Tradi-
tional Area.
I have been devastated by
this ill development as the traditional
ruler of my area, and hereby
extend my condolences to the
bereaved family of the deceased.
I therefore condemn this act
and unequivocally state that,
under no circumstance should
any human being lose his or her
life in such a circumstance. I am
passionately appealing to the
security agencies to do the best
thereof, in order to bring the perpetrators
of this heinous crime
to book in earnest.
As one of the Traditional
leaders in the Sefwi area, I warn
all and sundry engaged in such
inhumane and dastardly acts to
desist from engaging in same, as
it has been the tendency of sinking
the already wobbly image
of the people of Sefwi enclaves
further in abyss. Let me put on
record, rather forcefully that
such dastardly acts shall not be
countenanced in the Sefwi areas
any more.
Together with my colleagues,
the paramount Chiefs, divisional
chiefs, odikros, linguists elders
and the youth in the Sefwi Traditional
areas, and with the help
of the security forces, we shall
fish out the few bad nuts in our
midst wanting to sink the image
of the folks of Sefwi enclaves,
and the laws of our land shall
deal with them accordingly.
I want to assure the general
public that we shall do everything
that is humanly possible,
to avert such negative and ugly
occurrences in the future. Our
traditional areas cannot be
revisited with such horrendous
crimes again. Enough of the ills
we have had regarding these
human killings in the past.
Indeed, human lives are
invaluable and priceless and
nothing can be equated to same,
for which reason we shall form a
unified front to fight this canker.
No one should die under such
circumstances again in Sefwi
areas or any part of Ghana and
the world as a whole.
SIGNED
OKOGYEMAN KWAKU GYAM-
PRAH II
PARAMOUNT CHIEF OF
SEFWI CHIRANO AND THE VICE
PRESIDENT OF WESTERN
NORTH REGIONAL HOUSE
OF CHIEFS
Contact Person: Nana Ayisi
Adu-Gyamfi
The Adontenhene of Sefwi
Chirano Traditional Area
Tel: + 44 7956 190 913

DAILY ANALYST
Wednesday, 10th August, 2022 Page 5
The General Legal
Council (GLC)
has come under
fire once again
for what some
describe as ‘arbitrariness
and opacity’ in admitting
LLB holders into the Ghana
School of Law (GSL), popularly
called Makola.
This has been precipitated
by the advertised 2022
GSL Entrance Exams scheduled
to come off September
24 which uncharacteristically
did not disclose the
pass mark for this year’s
admissions.
The admission procedure
contained in the advert
reads as follows:
1. The number of
students to be admitted is
determined by the General
Legal Council for the academic
year
2. Applicants may
be admitted if they pass
the written examination
organized by the IEC for
this year’s admission upon
paying the required fee
and submitting supporting
documents required online.
3. Only eligible applicants
who attain the minimum
threshold mark set by
the General Legal Council
for the 2022/2023 academic
year will be offered admission
for the year in question
to pursue the Professional
Law course.
The non-disclosure of
the pass mark, together
with others, such as the
compulsory requirement
for candidates to sign an
undertaking ceding their
right to challenge examination
results or demand to
see their scores or marking
scheme as a prerequisite
to writing the exam, have
caused a rancorous uproar.
It has occasioned some
threats of legal suits and
protests by the National
Association of Law Students
(NALS), the National Union
of Ghana Students (NUGS)
and some other interest
groups. For those who have
long been advocating a
reform in legal education
like Professor Kwaku Asare,
heads must roll at the GLC.
On the specific matter
of the non-disclosure
of the examination pass
the school must have learnt
the hard way.
Top 800 students
What’s more, the GSL
has already served notice
that it intends to admit 800
students this year. This was
contained in the 2022 Budget
Statement, specifically
on page 210.
“In 2022, the Ghana
School of Law expects to
conduct entrance examinations
for 2,500 applicants
and anticipates to admit
800 students into the Ghana
School of Law while 700
students are expected to be
called to the Bar”, parts of
Finance Minister, Ken Ofori-
Atta’s statement to Parliament
read.
This number, I presume
was reached taking into
consideration the current
infrastructural and human
resource capacity of
the school. If this is so, how
then will the GLC be able to
tell beforehand what pass
mark will give them the 800
students they intend the
admit? It can only be assumed,
reasonably so, that
of all the applicants (anticipated
2,500 applicants),
the top 800 students will
be those to be admitted at
the end of the day. Keeping
this in mind as a candidate
is just as good as knowing
that the pass mark is
probably 50%, 60% or 70%. In
essence, it means the exam
is a competitive one.
Let’s get practical to
better appreciate where
the GLC stands in the mix.
Supposing, 2,500 candidates
apply to write the examinamark
however, the crux of
their argument is that it
is unconscionable for the
Independent Examinations
Committee (IEC) of the GLC
to take that route.
Even though, neither the
GLC or its IEC has yet responded
to these concerns
raised by students and other
interest groups, one can
reasonably hazard a nearperfect
guess why it would
not serve anyone’s interest
to disclose or even predetermine
a pass mark before
the examination. History
may be called to aid and it
definitely will bear the GLC
out on this.
It is an open secret that
the GSL swallowed a bitter
pill last year having to
admit an extra 499 students
into the school who it did
not plan for, but for its earlier
announcement of 50%
as a pass mark. It turned out
that more students scored a
minimum of 50% than the
GSL had planned to admit.
An attempt by the GSL to
postmodify the pass mark
was met with fierce resistance
and the school was
prevailed upon to admit all
the students who scored
50% and above. The tale
of the 499 students is still
fresh in our minds and if
there is any lesson to learn
from that episode, it must
be that predetermining a
pass mark potentially poses
an inconvenience to the
GSL. The school has been
there before, and like the
proverbial blind man who
wouldn’t allow his testicles
to be trampled upon twice,
tion and the GLC sets the
pass mark as 50% and eventually
all the students score
50% and more, it means the
school will have to admit
more than its capacity,
and that has implications.
If on the other hand, only
100 students make the
pass mark, should the GSL
insist on admitting only
100 despite the fact that
it can admit 800? Or in an
extreme case scenario, if
nobody makes the 50% pass
mark, should the school
not have admissions this
year because the GLC set a
pass mark nobody attained?
I’m of the view that it will
lead to a bizarre situation,
one which is only avoidable
without a predetermined
pass mark.
No pass mark at faculty
entrance exams
But why has a predetermined
pass mark suddenly
become such a big deal
for students who did not
care much about it while
entering their faculties? A
quick check shows a good
number, if not all the Law
Faculties conduct entrance
examinations, and interviews
in some instances,
before admitting students
(At least for Post-First Degree
LLB). Further checks
with some of the Faculties
show that there are often
no publicised predetermined
pass marks for such
exams. At least the advise
are the advertised call
for applications to three
Law Faculties: University
of Ghana Faculty of Law,
Kwame Nkrumah University
of Science and Technology
(KNUST) Faculty of Law
and University of Professional
Studies, Accra (UPSA)
Faculty of Law – None of
them disclosed a pass mark.
So what has changed?
Understandably, the GLC
did it in the past, expectations
are that it will always
do. But why would they,
when the last one landed
them into ‘trouble’? Once
bitten, twice shy, I suppose.
Cut-off points
The point made essentially
is that, it is practically
unrealistic to predetermine
a pass mark in an examination
where you intend to
shortlist a specified number
of people. But if the
GLC insists on the number
they want to admit and the
candidates too insist on the
disclosure of the pass mark,
is it not possible to have the
IEC set the pass mark and
for the GSL to use cut-off
points to admit the 800
students? This means that
passing the exam per se
will not guarantee one’s entry
into the GSL but one will
have to necessarily make a
mark that puts them in the
top 800 students. This will
pretty much be like the way
students sit for the West African
Senior School Certificate
Examination (WASSCE)
and use the results to apply
for competitive courses at
various universities.
I know NUGS has kicked
against the GSL predetermining
the number of students
to admit, but that is
an issue for another time.
In sum, the General Legal
Council and the Ghana
School of Law may have
gained some notoriety over
the years in the discharge
of their duties but in the
instant matter of disclosing
a pass mark for the 2022
entrance examination, I
am of the considered view
that we need to reason with
them and rather demand
that the admissions are
given meritoriously and
not on protocol basis as we
have recently learned about
some 10 students.
By: P.D Wedam
The author is a journalist
with the Media General
Group

Page 6
DAILY ANALYST Wednesday, 10th August, 2022
MobileMoney
Limited (MTN
MoMo) has
officially
launched this
year’s MoMo Month celebrations
in Accra, Kumasi and Mankessim
to highlight the importance of
partnerships to accelerate digital
payments.
This year’s celebration will
focus on the opportunities MoMo
presents and how stakeholders
can leverage the digital payments
sector to support the rebuilding
of a robust and resilient economy.
The month-long campaign is
being celebrated under the
theme, “Accelerating Growth in
Digital Payments – The Role of
Partnerships”.
The launch was attended
by a cross section of MTN
management and staff,
traders, partner banks, fintech
companies, among others.
Speaking on the significance
...In digital payments
through partnerships
of the theme, Eli Hini, CEO of
MobileMoney Limited attributed
the MTN MoMo success story
to the strategic partnerships
and collaborations with various
stakeholders over the years. To
further bolster Ghana’s digital
economy, he revealed that the
company will continue to create
shared value by investing in
partnerships with stakeholders
across various sectors of the
Ghanaian economy to provide
more value-added services to
customers.
He said, “For us, the future
hinges on more partnerships
because as market leaders we
believe that the contribution
of other players within the
industry will help to drive and
accelerate the development of
the industry. We can’t do it alone.
We need the support of other
like-minded businesses who also
see the future of this business
as pivotal to the development of
this country. We will continue to
work together and drive digital
financial services across the
length and breadth of Ghana”.
Mr. Eli Hini further explained
that “With digitization and
innovation at the forefront,
and consumers opting for fast
and convenient ways to make
payments and transactions,
digital payments have come to
stay. As MTN drives its platform
agenda to create opportunities
for others to leverage,
MobileMoney Limited will
continue to use its platform as a
springboard for all in the digital
payments, while delivering
innovation and customer
experience.”
He urged all customers to
look beyond the E-Levy tax
and leverage on the enormous
benefits MoMo and for that
matter digital payments presents
to the customer in terms of
safety and convenience.
To celebrate MoMo month, a
series of campaigns, promotions
and activities have been outlined
and these include a customer
promotion where customers earn
extra money by making digital
payments with MoMo. There will
be digital fairs with SMEs, market
storms as well as a new exciting
financial literacy initiative
dubbed ‘Catch Them Young
Series’ which is being organized
in partnership with educational
institutions. A stakeholder
forum will also be organized to
discuss the introduction of the
Central Bank Digital Currency,
also known as E- Cedi and the
opportunities that come with it.
Since August 2012, MoMo
Month has been held annually to
create awareness of the Mobile
Money service. It has also been
used to reward customers,
agents and merchants for their
continuous usage and promotion
of the service.
MTN Ghana was the first
telecommunications provider
to introduce mobile money in
the West African sub region
in 2009. The service has been
instrumental in promoting
financial inclusion, boosting
sustainable socio-economic
growth, and creating job
opportunities across the country.
Mobile money remains one of
the most revolutionary products
to have been introduced into the
Ghanaian financial market.
Vodafone donates
GH¢10,000 to support
Asafotufiami Festival
Vodafone Ghana has
donated GHS10,000
to the Ada Traditional
Council to support
this year’s Asafotufiami
Festival celebrations.
The donation is part of the
telco’s commitment to promoting
Ghana's rich cultural heritage,
as well as strengthening its ties
with communities it operates in.
Asafotufiami, which is celebrated
by the people of Ada in the
Eastern Region, commemorates
the bravery of the ancestors and
founding fathers who fought tirelessly
and sacrificed to establish
the town.
Speaking during the donation,
Samuel Gyimah, Executive
Head for Accra East, Vodafone
Ghana, said:
"Vodafone Ghana is pleased
to be a part of the Asafotufiami
festival. As a business, we strive
to establish and maintain endur-
ing relationships with various
communities across the country,
which include Ada, in order to
transform lives and promote
development. We wish you a
wonderful celebration and look
forward to strengthening our
relationship with the chiefs and
people of Ada. "
The Division Queen Mother
of Adibiawe, Naana Adikia Adi I,
who received the donation on
behalf of the traditional council,
thanked Vodafone Ghana for
their unwavering support and
expressed her gratitude to the
company.
The festival has become one
of the most highly anticipated
festivals in the country and attracts
thousands of patrons. This
year’s edition, which is the 85th,
is themed "Uniting the Ada State
through our cultural heritage and
use of our natural resources."
COP, GJA strike partnership
The Church of Pentecost
(COP) has entered a
partnership with the
Ghana Journalists Association
(GJA) to support
the media and the development
of the country.
This was established when
leaders of the Church paid a courtesy
call on GJA national executives
yesterday.
Speaking at the meeting,
Chairman of the Church of Pentecost,
Apostle Eric Nyamekye said
the Church will pray for the GJA
and as well support it with its
resources to build the capacities
of journalists.
Apostle Eric Nyamekye said
the COP paid a courtesy call on
the GJA executives to assess
how they were faring after being
sworn in, encourage them and as
well see possible ways to collaborate
with them towards National
development.
He said he doesn't believe
that one institution can do it all
hence the need to collaborate
with others to help the government
succeed.
Apostle Nyamekye disclosed
that in its quest to impact
society, the COP is organising a
non-denominational conference
between the 13th and 16th of
September, 2022 at the Pentecost
Convention Center at Gomoa
Feteh.
The conference he said, will
bring all churches together to refocus
on the mandate that Christ
has given the church.
He said the Church will allow
other churches to be on the
programme, urging all ministers
or churches who are interested
in the programme to contact the
COP while it plans the conference.
"We are not going to attack
anybody's doctrine, we are going
to form unity to impact the nation
Ghana," he added.

DAILY ANALYST
Wednesday, 10th August, 2022 Page 7
A
Tamale circuit court
has slapped a sevenyear
sentence on
Natomah Otabil, a social
studies teacher of
Kulpi Junior High school in the
Savannah Region, for sodomising
18 pupils of the school.
The convict was arrested on
September 27, 2021, after some
relatives of the victims reported a
sodomy case to police in Salaga.
The case was referred to the
Tamale circuit court for hearing,
with the accused pleading guilty.
However, the lawyer for the
defense, prayed the court for a
psychiatric assessment, which
the court granted.
Subsequently, a report of the
medical examination conducted
at the Pantang hospital was
presented to the court, but was
rejected by the judge.
A further examination was
conducted at the Tamale teaching
hospital and presented to the
court.
In today’s sitting which was
heard in camera, the presiding
judge, his lordship Alexander
Oware sentenced the accused to
seven years imprisonment with
hard labour.
Source: Citinews
Angels Keepers
Montessori wins big
at National Abacus
Competition 2022
Six pupils of the Angels
Keepers Montessori have
won awards in the various
levels of the National
Abacus Competition
2022.
The winners were Nathan
Cann, Fredrick Akomea, Caleb
Badu, Pascal Kusi, Nikita Atiamoa
and Nana Yaa Serwaa.
The BraiNest Abacus Pro-
gramme is a Whole Brain Development
Programme designed to
make kids smarter and brighter.
Angels Keepers Montessori
was established in 2013 as a Day
Nanny with four children, two
teachers, and two Nannies.
Currently, Angels Keepers
runs the GES syllabus and haS the
Pre-School (Crèche – Kindergarten)
and the Primary 1 – 6.
PRESS RELEASE
PRINPAG ELECTIONS COMMITTEE
VETTING OF CANDIDATES
The Elections Committee of the Private Newspaper
Publishers Association of Ghana (PRINPAG) at its 4th
Sitting at the Secretariat of PRINPAG on Thursday,
August 4, 2022 undertook the vetting of Aspirants
vying for positions as enshrined in the PRINPAG
Constitution – ARTICLE 10.0 which states inter-alia:
10.1 the Executive Committee of the Association
(“The Executives”) shall consist of the President,
Vice-President, Executive Secretary, Public & External
Affairs Officer, National Organiser and Financial
Secretary/Treasurer.
i. The Executive Members shall be proposed,
seconded and elected by members in good standing
and shall be eligible to remain in office for a period of
three (3) years renewable.
ii. The Executive Secretary shall be appointed
by the Executive Committee on a four (4) year contract
subject to renewal.
Again, on the Elections and the eligibility criteria
the PRINPAG Constitution states in ARTICLE 17.0 interalia:
The Elections Committee is the highest elections
body for all elections to positions in the Association.
I. The Executive positions can only be contested
for by members in good standing and who have been
members of the Association for a period of not less
than three (3) years.
II. A member who wishes to stand for Elections
must be nominated and seconded by two (2) other
members in good standing.
Pursuant to the above the following members in
good standing picked and filled their NOMINATION
FORMS for the following positions:
CANDIDATES FOR THE POSITION OF
PRESIDENT:
1. MR. EDWIN ARTHUR, of the New
Independent (incumbent President)
2. MR. DAVID TAMAKLOE, of
Whatsupnewsghana.com (incumbent Vice-President)
CANDIDATE FOR THE POSITION OF VICE-
PRESIDENT:
1. MR. MIKE ANTWI ADJEI, of the Ghanaian
Observer
CANDIDATE FOR THE POSITION OF NATIONAL
ORGANISER:
1. MR. EMMANUEL OPARE-DJAN, of the Daily
Democrat (incumbent National Organiser)
CANDIDATE FOR THE POSITION OF
TREASURER:
1. MR. ELORM DESEWU, of the Economy Times
CANDIDATE FOR THE POSITION OF PUBLIC
AFFAIRS & EXTERNAL RELATIONS OFFICER:
1. MR. JEORGE WILSON KINGSON, of
Ghananewsonline.com.gh
At the close of the VETTING process the Committee
explained to Candidates going to polls unopposed
that “there shall be a YES or NO votes. Candidates are
required to obtain plus fifty percent (50%) votes before
they can be declared eligible winners”.
After the vetting process however, the 3-member
Elections Committee by a unanimous decision
disqualified MR. ELORM DESEWU who was vying for
the position of Treasurer on technical grounds.
Below are the PRINPAG Members in good standing
who are eligible to vote in the forthcoming elections
slated for FRIDAY, AUGUST 12, 2022 from 9:00am –
3:00pm at the PRINPAG Secretariat, Kokomlemle.
NO. MEDIA HOUSE
1. Catholic Standard
2. Christian Messenger
3. Realestatetimesafrica
4. Daily Analyst
5. Business Analyst
6. Newsday
7. The Inquisitor
8. Republic Newspaper
9. Ghanaian Observer
10. Africanspokesman
11. Top Story
12 .Whatsupnewsghana.com
13. The Meridian
14. The New Trust
15. Today Newspaper
16.A fricanewsradio.com
17. Daily Dispatch
18. New Crusading Guide
19. Expressnewsghana.com
20. Ghananewsonline.com.gh
21. New Independent
22. Economy Times
23. Ghanaian Publisher
24. Modernghana.com
25. Daily Democrat
26. National Enquirer
27. Daily Statesman
28. Africaneyereport.com
29. Attractivemustapha.com
30. Senaradioonline.com
31. Ghanapoliticsonline.com
32. The Catalyst
33. Exclusive Newspaper
34. Accra Times
35. Daily Post
36. ABC News
37. Ghanaian Lens
38. The Herald
39. Daily Guide
40. Crystal Clear Lens
41. Daily Searchlight
42. Telegraphghana.com
43. Stormonlinenews.com
44. Asempanews.com
45. The Chronicle
46. Newsghana.com.gh
47. Inghananewstoday.com
48. The Custodian
49. The New Punch
50. Businessweekghana.com
(Sgd)
BEN ASSOROW
Chairman, PRINPAG
Elections Committee
0244 274 186

Page 8
While the
challenges
facing healthcare
delivery,
especially
within Africa, are varied, one
fundamental problem hospitals
grapple with on a daily
basis is the prolonged stay of
patients after they have been
discharged. Aside from increasing
already-existing healthcare
costs, this phenomenon causes
overcrowding and increases the
risk of morbidity among patients
since they are more prone to get
further illnesses.
The problem for the majority
of these patients is raising
the necessary funds to pay their
medical bills, especially if they
are the breadwinners of their
families. In some very deprived
communities, opinion leaders,
including pastors, headteachers,
Health
and family heads, rely on the
contributions of their constituents
to provide support for
hospitalised members of their
community.
Hospitals across the country
are forced to occasionally
write-off these debts or have
some flexible arrangements
with families in order to make
room for other people who need
medical care. Individuals and
organisations occasionally come
to the rescue of these distressed
patients, while some patients do
the unimaginable by seneaking
out of the hospital.
Through its Homecoming
initiative, Vodafone Ghana has
been consistent in helping the
country address this challenge.
For a decade now, the charity
arm of the organisation, Vodafone
Ghana Foundation, has
gone to the aid of over 3,000 pa-
DAILY ANALYST Wednesday, 10th August, 2022
tients in various hospitals across
the country.
Besides reuniting families,
this remarkable initiative has
given back hope to families and
communities as patients have
gone back to their livelihoods
and are able to fend for their
families, while some are now
able to pursue their dreams. The
joy of families who have been
impacted by this initiative is
met with tears of joy and usual
euphoria in the entire community
as patients return home.
One of the beneficiaries of
this initiative is five-year-old
Joseph Sackey, who was treated
for severe burns. He spent eight
weeks in the hospital because
his family abandoned him in
their efforts to raise the required
funds. Joseph was reunited with
his family in Weija, Accra in 2013.
In 2018, Vodafone went to the
aid of William Mehuadzo, a victim
of the Nkonya and Alavanyo
conflict. William, who is a farmer,
was shot from behind while
working on his farm one early
morning. He became unconscious
and was rushed to a nearby
hospital and then transferred
to Korle-Bu. He prolonged his
stay like other patients because
raising the said amount for his
treatment was a challenge until
the Vodafone Ghana Foundation
came to his rescue.
The Vodafone Ghana Foundation
continues to receive commendations
from stakeholders
within the healthcare delivery
space. The Director of Ghana
Health Service, Dr Patrick Kuma-Aboagye,
in a recent remark,
said:
"Through this initiative,
Vodafone is changing lives, putting
smiles on the faces of people
and reuniting families. I believe
this great gesture represents
what the Vodafone Foundation
evidently stands for, bringing relief
and support to the vulnerable
in our communities.’'
Vodafone Homecoming’s
contribution to decongesting
hospitals during this pandemic
cannot be overstated. In 2020 and
2021, Vodafone sent more than
700 patients home from hospitals
in all sixteen regions of Ghana.
This also helped slow the spread
of the pandemic in a way.
In its efforts to find a lasting
solution to this challenge, the
Vodafone Ghana Foundation has
registered and renewed cards
for almost 1,000 beneficiaries on
the National Health Insurance
Scheme (NHIS) to enable them
to continue to receive quality
healthcare at a very reduced cost.
The Vodafone Ghana Foundation
and Sustainability Lead,
Amaris N.A. Perby said:
"Vodafone Ghana Foundation
is dedicated to improving
livelihoods and communities
throughout the country. Healthcare
is one of our focal areas for
the Foundation’s strategic orientation,
and we will continue to
champion this course with our
various health initiatives’’.
Many health institutions
have benefitted from Vodafone’s
benevolence. These include,
Korle-Bu Teaching Hospital,
37 Military Hospital, Komfo
Anokye Teaching Hospital,
Kumasi South Regional Hospital,
Sunyani Regional Hospital,
Worawora Government Hospital,
Jasikan District Hospital, Bibiani
Government Hospital, Holy Family
Hospital, Goaso Municipal
Hospital,
St. Joseph Hospital, Nkwanta,
Ledzokuku-Krowor Municipal
Assembly (LEKMA), Shai Osudoku
Hospitals, Eastern Regional
Hospital, Cape Coast Teaching
Hospital, Ho Teaching Hospital,
and Effia Nkwanta Regional
Hospital.
The 2022 edition of Vodafone
Homecoming has just begun,
and it has already reached out
to patients in selected hospitals
within the Northern Region.
Children at Zaare screened for
various health conditions
The Paediatric
Department of the
Upper East Regional
Hospital in Bolgatanga
has screened more
than 200 children at Zaare, a
community in the Bolgatanga
Municipality of the Upper
East Region, for various health
conditions.
The exercise, funded by
the Anini Project, a Non-
Governmental Organisation
(NGO), saw the children
undergo physical examination,
haemoglobin (HB) test,
assessment of their oxygen
levels, pulse and temperature.
They were screened by a
physician specialist, general
and paediatric nurses, and
laboratory technicians, among
others, drawn from the Regional
Hospital and other surrounding
health facilities.
Mr Mark Anthony Azongo,
a Paediatric Nurse Specialist,
and the Head of the Paediatric
Department of the Hospital, in
an interview with the Ghana
News Agency, said the initiative
was necessitated by the frequent
number of anaemia cases
recorded at the Department.
“We realised that almost
on daily basis, we transfuse
children on admission with
blood. They keep coming in bad
state that we need to transfuse.
So, with support from the Anini
Project we decided to get into
the community to conduct
health education and screening
with emphasis on anaemia,” he
said
Ȯut of 15 children screened
in the early hours of Monday
when the GNA visited, 13 were
anaemic, Mr Azongo said.
“So far, what we are seeing
here is not different from what
we record on the ward. Children
aged six months to six years are
considered anaemic at HB levels
less than 11 grams per deciliter
(g/dl), and children aged six to
14 years are considered anaemic
when Hb levels are less than 12
g/dl,” he explained.
Mr Azongo, also the President
of the Nurse and Midwife
Specialist Society of Ghana
(NMSSG), expressed gratitude
to the NGO, management of the
Regional Hospital, the medical
team, notably Dr Kofi Asare-
Ansah, a Physician Specialist,
and Madam Catherine Anyoka,
the Deputy Chief Nursing Officer
of the Hospital.
Dr Asare-Ansah said anaemia,
worm infestations, malnutrition,
and skin diseases were among
the common health conditions
identified in the community
adding that the children
were given prescriptions for
medication.
While conducting physical
examinations on them, he took
the time to educate parents and
guardians on proper hygiene
practices, good nutrition, and
the need to protect the children
from mosquito bites.
Ms Sofia Gonzalez Mesias,
the Chief Executive Officer
(CEO) of the NGO, said the
organisation had undertaken
many development initiatives
including the construction
of a school, and support to
orphanages, especially the
God’s Love Residential Home in
Bolgatanga.
She said health was a
critical component of the NGO’s
activities, and that apart from
the screening exercise, it settled
the hospital bills of children
whose families could not afford
the medication.
Ms Mesias said some parents
often reported late to the
hospital with their sick children,
adding; “The problem I see is the
timing. Before they arrive at the
hospital, they are in a dangerous
stage.”
She was hopeful that the
screening exercise would be
replicated in other communities
to help in the identification of
health conditions, especially
anaemia and malnutrition, for
early treatment.
The families commended the
NGO and the health team for the
initiative to treat conditions in
the children that were unknown
to them.

DAILY ANALYST
Wednesday, 10th August, 2022 Page 9
nent in the world, spending
by Africa’s consumers and
businesses is estimated at
over $4 trillion annually, with
a growth in the middle and
upper class population.
These factors combined
will inevitably lead to an
increase in demand for goods
and services throughout the
continent – making Africa a
commercially fertile ground.
Thus, FXKudi is solving
the problem of informal
cross-border money transfer
by providing solutions that
will allow countries within
Africa to collaborate and pose
a better commercial strategy
with international moveied
computer science during
his diploma and continue to
study IT.
During his days at the
University in Ghana, and being
a foreign student, Abioye
Oyetunji saw the struggles
his colleague foreign students
faced in sending and
receiving money from their
home countries as well as
the hassle in changing other
currencies into Ghana cedi to
pay for their fees and upkeep.
Upon understanding the
difficult ends and breadth of
the system, Abioye decided
to become a money exchange
agent where he instead did
the transaction and currency
exchange for other students
on campus.
Realizing the space was a
possible business, he tried his
hands on electronic wallet
with biometric as his final
year project. This did not
succeed as expected as he
fell short in understanding
the length and breadth of the
field.
Additionally, he was not
ready for such huge cross
boarder business at the time.
Abioye stepped back as he
prepared himself by studying
intensively around the space.
In 2020, Abioye decided he
had prepared enough and was
ready for the business thus
launching his baby FXKudi
with Adetunji Afeez and Kevin
Kodjo to kick-start.
VISION
His vision is to give
Africans access to a borderless
money transfer, giving
payment freedom and power
to businesses across the continent.
The company seeks
to connect African countries
through payment and digitise
the informal cross-border
money transfer in Africa.
According to him, payment
across countries has
become a huge obstacle to
intra-Africa trade. Africa is
the second largest conti-
Economic and societal
challenges in
Africa are everyday
phenomena that
continue to beg for
answers. Taking an initiative
to get any of the challenges
resolved can be very risky
and difficult due to financial
constraints and governmental
regulations.
It’s worth celebrating
when a young graduate is
able to provide solutions to
one of the many challenges
facing the financial sector.
Young graduates now venture
into fields which may or may
not have been their dream
job.
In Africa, graduates are often
seen working jobs outside
of their qualification. People
fear the philosophy of focusing
and becoming experts in
single fields, therefore arming
themselves with as many
skills as they can to combat
the system and become successful.
The story is no different
for 28year old Abioye Oyetunji,
Chief Executive Officer
(CEO) for FXKudi, a Nigerian
who braved the odds to
achieve a feat very few people
dream of at such an early age.
He forms part of individuals
who began something sustainable
whiles still in school
and furthered it to become a
success business.
FXKudi AND IT BIRTH
Chief Executive Officer
(CEO) for FXKudi Abioye
Oyetunji, inspired by the love
for technology at an early
age and the urge to solve
problems in societies, stud-
ment of goods and services
around the world. FXKudi is
expected to expand to ten
African countries, providing
access to affordable, reliable
and zero-fee money transfer
by 2025.
UNIQUENESS
Responding to how unique
FXKudi is compared to other
cross border payment platforms,
Abioye explained how
flexible, available and instant
the system works. FXKudi
plans to ensure affordability,
availability, instant money
transfer on the continent.
FXKudi is making remittance
free without recourse to
location.
OPERATIONS
FXKudi currently covers
310 locations in West Africa
through the network of
merchants scattered across
Africa. FXKudi money transfer
allow you to send and
receive money into your bank
account or mobile money
wallet across Africa.
“People don’t have to wait
so long to get the money their
loved ones sent to them, and
money transfer does not have
to be so difficult. People need
money for different reasons
and sometimes it could be so
urgent. This is why we made
FXKudi deliver your transfer
within minutes to your
receiver,” he said.
AFRICA FREE TRADE
With the commencement
of the Africa Free Trade Area,
FXKudi will play a large
role to allow Africans and
businesses easily and safely
transfer money to aid the
growth of the various economies.

Page 10
Perry Addo-Quaye,
Regional Director at
Network International,
a leading digital
payment solutions
provider, is confident WhatsApp
banking is the game changer that
will present traditional financial
institutions the opportunity to
improve on financial inclusion
and provide services to the
underbanked.
He stressed that access to
financial services is a critical
driver of economic and social
development and that WhatsApp
banking will play a significant
role in spurring commerce and
helping African entrepreneurs
grow both on the continent and
beyond.
According to him, WhatsApp
banking will enable businesses
and individuals to interact with
their banks and manage their
finances without going through
the usual stresses.
He added that, it will benefit
both consumers and businesses
as it allows for crucial financial
services to be incorporated into
a well-known service that people
use on a regular basis.
“WhatsApp banking
represents a great opportunity for
traditional financial institutions
to improve financial inclusion
and serve the underbanked.
WhatsApp banking has the
potential to help entrepreneurs
in several ways. It makes simple
enquiries and transactions easy,
but can also be used to manage
complex transactions like Forex
trading and swift transfers –
meeting the varied requirements
of entrepreneurs.
Partnerships with
Business
WhatsApp banking
is a game changer for
financial institutions
– Perry Addo-Quaye
technology businesses help
these institutions improve
their understanding of modern
business methods, enabling them
to offer innovative new products
tailored to local markets such as
Ghana.
Mr. Addo-Quaye added
that in terms of cross-border
transactions and payments,
WhatsApp banking can be
integrated into all forms
of payments and channels
including cards, wallets, mobile
money and bank transfers, saying
banks can leverage existing APIs
and technology to help roll out
these services across borders to
suit the needs of their customers.
“Network International is
committed to helping businesses
and economies prosper by
simplifying payments and
commerce. Financial markets
are recovering across Africa,
thanks in part to an accelerated
transition towards digital
payments during the pandemic,
and this presents a brilliant
opportunity for us to improve
financial inclusion for a diverse
range of markets and people,” he
said
WhatsApp banking
Announcing WhatsApp
banking in collaboration with
Infobip to financial institutions
in a statement, Network
International’s Group Managing
Director, Hany Fekry, noted
that it will assist financial
institutions in providing worldclass
assistance and seamless
services in a personalised, timely,
and reliable manner, in addition
to assisting them in reaching
their clients through a trusted
and familiar channel.
DAILY ANALYST Wednesday, 10th August, 2022
Government could
obtain a loan of about
US$3 billion from
the International
Monetary Fund as
economic assistance.
According to Bloomberg,
the funding which will come in
the form of balance of payment
support will be spread within
three years.
A billion dollars is expected
to come in immediately after
the Fund approves an economic
programme by the government.
“The amount is double what
the country was considering a
month ago as it tries to shore up
its finances and gain access to
the global markets. The funding
would be provided over three
years, the people said, asking not
to be identified because the talks
are still in progress and public
announcements have not been
made,” it noted.
The government began
discussions with the
International Monetary Fund in
July 2022, following a directive
by President Akufo-Addo to the
Finance Minister to engage with
the Institution.
The engagement with the
IMF, will seek to provide balance
of payment support as part
of a broader effort to quicken
The Chief Executive
Officer of the Ghana
Exim Bank (GEXIM),
Lawrence Agyinsam,
was on Friday, 5th
August, 2022, named as one of the
100 Most Influential Business
Leadership Personalities in
Ghana at the second edition of
the National Governance and
Business Leadership Awards 2022
which took place at the Labadi
Beach Hotel.
According to the organisers
of the awards, the recognition
follows his remarkable strides
and noteworthy success as a
business leader and corporate
governance personality in
addition to his tremendous
contribution in strategic
leadership and strategy to
achieve business success at
Ghana Exim Bank.
A team from the Bank led
by Richard Osei Anane, Head of
Corporate Affairs, Solomon Dsane,
Head, Risk Management, Emma
Mullen – Essien, Senior Manager,
Company Secretariat, Patience
Senaya, Senior Manager, Human
Resources, Noah Aguh, Assistant
Manager, Research and Advisory,
Grace Anderson, Senior Officer,
CEO’s Secretariat and Joyce
Konu Agyemang, Senior Officer,
Procurement, received the award
on behalf of Mr. Agyinsam.
The National Governance
Ghana’s build back in the face
of challenges induced by the
COVID-19 pandemic and, recently,
the Russia Ukraine crises.
The move comes as Ghana’s
economy is facing a number of
challenges including a worsening
public debt situation which has
risen to about GH¢393.4 billion
or 78.3 percent of GDP as at June
2022, rising inflation which has
risen to about 29.8 percent in
June this year, high fuel prices,
cedi depreciation among others.
& Business Leadership Awards
is a high-impact, economic
empowerment and leadership
awards programme developed
by RAD Communications, to
champion good governance,
economic empowerment and
job creation in Ghana. The
Event celebrates and rewards
outstanding companies across
Ghana as well as entrepreneurs
and individuals making a
difference in the lives of others
through social and charitable
causes.
In addition, the Event
provides a unique platform
for Governments to deepen
The struggling economy has
impacted negatively on the local
currency which has almost hit
GH¢9 to a dollar.
Also, International Ratings
agency, S&P on Friday, August 5th,
2022, revised Ghana’s rating from
B-/B to CCC+/C.
It also reviewed the country’s
economic outlook to negative,
reflecting “Ghana’s limited
commercial financing options,
and constrained external and
fiscal buffers”.
GEXIM CEO is one of Ghana’s 100
most influential business leaders
their strategic relationships
with the business community
for national development. The
awards cover several sectors of
the Ghanaian economy including
Energy, Finance, Manufacturing,
Trade, Transport, Education,
Agri-business, Logistics,
Telecommunications amongst
others.
Dubbed as Ghana’s biggest
gathering of the Governance &
Business Leadership Community,
the former CEO of the Ghana
Chamber of Mines was the
Special Guest of Honor at the
event.

DAILY ANALYST
Wednesday, 10th August, 2022 Page 11
Sports
Asante Kotoko
Ghana Premier League
champions, Asante
Kotoko have drawn
Burkinabe side, Rail
Club de Kadiogo in
their CAF Champions League
preliminary round.
The 2022/2023 Champions
League Preliminary Rounds
draw was held in Cairo, Egypt on
Tuesday, 09 August 2022.
Kotoko will visit Kadiogo for
the first leg on September 09/11
before hosting the West African
side in Kumasi on September
16/18 2022.
The winner of the tie will face
either Gaborone of Bostwana or
Congolese side, AS Vita Club.
According to CAF, the secondround
games will be played in
October.
Meanwhile, Asante Kotoko
are set to embark on a pre-season
tour in Turkey ahead of the new
season.
Chelsea have been
warned about their
treatment of Callum
Hudson-Odoi as a
potential sale this
summer could come back to
bite them. Hudson-Odoi, 21, was
left out of the squad completely
for Chelsea's first game against
Everton, raising questions over
his future at the club.
Ex-Blues winger Paul Canoville
has said he is concerned his
former side risk a repeat of last
summer's wrongdoings after
Tammy Abraham excelled at
Roma under the tutelage of Jose
Mourinho following an exit from
Stamford Bridge.
Hudson-Odoi was once one of
the most prized academy prospects
at Chelsea but has since
fallen down the pecking order
under Thomas Tuchel.
Canoville voiced his displeasure
at the treatment of Hudson-Odoi
on Twitter on Monday.
He tweeted: "Nah. I don’t like
seeing that! Callum being treated
like Tammy.
Nah. I don’t like seeing
that! Callum being treated like
Tammy. Kid bust a gut working
through pre season to be fit
again from injury. Freezing him
out ain’t a good look. Nope! Not
happy TT! #Chelsea
— Paul Canoville (@Kingcanners)
August 8, 2022
"Kid bust a gut working
through pre season to be fit
again from injury. Freezing him
out ain’t a good look. Nope! Not
happy TT [Thomas Tuchel]!"
The bigger picture
Abraham could have been
the ideal player to fill the void in
the centre of Tuchel's front-line
given the shortage of attacking
options at Chelsea this summer.
The form he showed for Roma
last season (he scored 17 goals in
Serie A) suggests his former side
were hasty in their decision to
sell the Cobham graduate, and
Hudson-Odoi carries the potential
to force similar regret.
Blues youth products Fikayo
Tomori and Marc Guehi were
also sold last summer - to AC
Milan and Crystal Palace respectively
- and have since been able
to showcase their talents away
from west London.
But there's also the need to
raise funds for incoming transfers,
and so Tuchel must strike a
delicate balance on the market
when handling talented fringe
players.
Sulley Muntari is 'open' to
a transfer after rejecting
a new contract offer from
Ghanaian giants Hearts
of Oak, GHANAsoccernet.
com understands.
Muntari 37, is a free agent
following the expiration of his
one-year deal.
Hearts have been persistent
in their resolve to keep hold of
the former AC Milan midfielder.
But GHANAsoccernet.com
understands that the former
Portsmouth enforcer has rejected
a fresh contract offer from the
club.
The situation has fueled
widespread media reports
claiming he could be on his way
to sworn rivals Asante Kotoko.
Muntari's stock has risen in
the Ghana Premier League after
he returned to the domestic
scene.
He has been the driving force
behind the team as they clinched
the FA Cup last season.
The 37-year-old netted 20
goals in 84 appearances for
the Black Stars, scoring in his
nation's World Cup quarter-final
defeat against Uruguay in 2010.
The ex-Portsmouth, Udinese
and Milan central-midfielder
won the 2009-10 Champions
League with Italian giants Inter
Milan.
Prior to joining Hearts of Oak,
he had been without a club since
leaving Spanish second-division
side Albacete Balompie in 2019.