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Odotobri Rural Bank records GH¢13.6m profit before tax

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The CEO (in nose mask) in conversation with Board Chairman of the Bank, Rev Prince Osei Owusu (right)

The Odotobri Rural Bank at Jacobu has declared a net profit of GH¢13,624,874 million before tax representing an increase of 92.17 percent as against GH¢4,663,415 million it made in 2022.

The bank’s total deposits recorded an increase of GH¢242,773.461 million from 2022 to GH¢314,372, 747 million in 2023 representing 29.47 percent.

The Chairman of the Board of Directors of the Bank, Rev. Prince Osei Owusu announced this at the bank’s 37th Annual General Meeting held at the Nana Adu Gyamfi Community Centre at Jacobu, in the Amansie Central District of the Ashanti Region.

He said the increase in deposits was due to intensified mobiliSation efforts by Directors, Management and Staff, coupled with the growing public confidence in the bank’s catchment areas.

According to Rev. Osei Owusu, in 2022, the bank recorded an increase of GH¢273,808,115 million to GH¢357,993,798 million in 2023 representing an increase of 30.75 percent in total Assets.

He pointed out that the year 2023 was characterized by a decreasing trend of interest rate in the financial landscape particularly in the primary and secondary markets, as well as the decreasing trend of interest rate and inflation as part of economic recovery measures to stabilize the economy.

The Board Chairman commended the management, staff and shareholders for their hard work and sacrifices, time, effort and expertise of directors that contributed to the success of the bank and urged them to sustain the spirit.

The Managing Director of the ARB Apex Bank, Alex Akwasi Awuah, was full of praise for the bank for being one of the best in the country and admonished them to continue to work assiduously to create a viable value for shareholders of the bank.

Shatta Wale reacts to industry plot to end his career

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Shatta Wale

Dancehall Artiste Shatta Wale has publicly responded to claims by the showbiz industry player, Sally Mann that industry insiders held private meetings to support Stonebwoy’s Grammy aspirations while sidelining Shatta Wale.

On Adom TV, Sally revealed that, over the past three years, she and other media and entertainment stakeholders met in secret with the shared goal of boosting Stonebwoy’s career, citing Shatta Wale’s perceived lack of respect for traditional media as a primary reason.

According to Sally, “For the past three years, we’ve held caucus meetings to push your agenda because Shatta Wale doesn’t respect traditional media.”

Sally’s revelations sparked widespread reactions on social media, reigniting ongoing debates about industry bias and the role of media in shaping the music scene.

For years, Shatta Wale has voiced suspicions of an ‘industry gatekeeping’ culture, claiming that some media influencers and stakeholders actively work to hinder his career by diverting key opportunities to other artists and, in some cases, imposing bans on his music.

Following Sally’s comments, Shatta Wale took to social media to address the claims, suggesting he feels vindicated by her statements.

In a tweet written in a mix of Pidgin and English, he shared, “Dem say dem do meeting to bring me down 000,” along with a video expressing his frustration with what he described as industry politics.

Shatta’s post has further fueled the conversation, with fans and followers expressing support for his stance against alleged bias and unfair practices.

While some fans see Sally’s remarks as validation of Shatta Wale’s long-held suspicions, others question the ethics of intentionally favouring one artist over another.

The revelations highlight the ongoing divide within the industry, where favouritism and informal alliances are often rumoured but rarely admitted.

NCCE urges Madina youth to reject violence and misinformation

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Dignitaries and participants in a group photo

The Chairperson of the National Commission for Civic Education (NCCE), Madam Kathleen Addy, has called on the youth of Madina to make wise and informed choices in the upcoming 2024 general elections.

Speaking during a townhall engagement organized under the USAID-funded Political Accountability Activity, Madam Addy emphasized the importance of civic responsibility, urging young people to reject violence, misinformation, and electoral misconduct.

Addressing a vibrant assembly of young residents, religious groups, and community leaders, Madam Addy highlighted the role of responsible decision-making in shaping Ghana’s future.

“We are here to help you understand the importance of peaceful elections. This engagement aims to prepare you to make informed choices as you elect our next leaders,” she said.

The NCCE’s engagement, in partnership with the International Foundation for Electoral Systems (IFES), focuses on equipping young people with the knowledge necessary to navigate the electoral process.

Madam Addy identified key issues, including the rising use of inflammatory language, the spread of fake news, religious intolerance, and the growing trend of monetization in politics.

“We want you to resist the temptation of violence and misinformation. Let your actions reflect a commitment to peace and respect for our democratic values,” she urged.

Madam Addy encouraged the youth to steer clear of violence and avoid being influenced by those who promote aggression as a means to support political parties. “Fighting does not attract votes. It only makes your party unattractive,” she warned, adding that acts of violence have lasting consequences, both legally and personally.

She also stressed the significance of Ghana’s Public Order Act, reminding attendees that misconduct during elections comes with legal repercussions. “Understand that there are implications for actions done illegally. Respect for law and order is fundamental to a peaceful election.”

Through this program, the NCCE aims to inspire attendees to become advocates of civic education in their communities.

“We want you to be ambassadors for the NCCE, sharing these values with family, friends, and community members,” Madam Addy said.

The town hall meeting in Madina is part of a broader initiative targeting six districts in the Greater Accra Region.

The project, with support from USAID and CEPPS, comprises both in-school activities and community engagements to reach a diverse demographic, including out-of-school youth, apprentices, and religious groups.

This multi-faceted approach aims to raise awareness about the implications of electoral misconduct and empower young voters to participate responsibly.

Don’t have sex if you don’t have your own place –Hamamat to women

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Hamamat Montia

Ghanaian model Hamamat Montia has cautioned women to be careful about the places they have sex.

According to her, women risk being recorded without their consent if they sleep with people outside the privacy of their own homes.

Her admonition comes on the back of the high numbers of sex tape leaks, which has generated a lot of conversations.

Hamamat took to her Instagram page to proffer advice to women on how to secure their privacy in this era of digital advancement.

“Queens it’s a new world out there and I just want you to say this. Listen up! If you don’t have your own place, then you shouldn’t be having sex. No don’t do it. It’s a trap. Nowadays the cameras are as small as the tip of a pen.

Listen, there are cameras as tinny as that. And as women, we must maintain our dignity because you and I know we are giving these men something irreplaceable. It’s not just about fun,” she said.

She therefore urged women not to let anyone make them a part of their conquest.

“This is your journey; embrace it with pride and caution,” she concluded.

Credit: myjoyonline.com

‘Allow me do my music in peace’ – Peter Okoye tells brother, Paul over song theft accusation

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Peter and Paul Okoye

Popular singer and half of P-Square, Peter Okoye, aka Mr P, has debunked the song theft allegation levelled against him by his twin brother and former bandmate, Paul Okoye, aka Rudeboy.

Rudeboy recently accused Mr P and their former producer, Vampire, of stealing his songs.

He claimed that he wrote and sang a song titled ‘Winning,’ which was supposed to be released with his album next year. To his surprise, Mr P released the same song by the same producer.

Reacting to the allegation, Mr P claimed that the song was co-written and composed by himself and Calypso60.

He stated that it was impossible for him to steal his own song as claimed by his twin brother.

He begged his brother to allow him to focus on making music and stop the negativity.

In an Instagram post, Mr P wrote, “Person no dey thief him own Property! It is well! Thank you, @iam_vampire_official, for the clarification.

“For the record, ‘Winning’ was written and composed by @calypso60music and myself. Produced by @iam_vampire_official and co-produced by @goldswarm.

“They all deserve their Credit. And I appreciate them.

“Just As I said in my open letter three months ago, ‘Allow me to do my music in peace.’

“Now that I have a new single out, please allow me to enjoy my new single, WINNING, in peace. Enough of the negativity!

‘Winning’ is out on all music platforms; continue streaming and don’t get distracted. Love y’all, peace.”

Agya Koo clarifies alleged beef with Lil Win

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Agya Koo and Lil Win

Popular Actor Agya Koo has finally opened up about rumours of a supposed rift between himself and fellow actor Lil Win.

Addressing the speculation, Agya Koo mentioned that there was no issue between them and attributing the drama to fans.

“I believe fans are the ones stirring up the drama,” he stated, adding that both fans and some media often create rivalries by comparing public figures, even when there is no real tension. He likened this to how fans of top football stars pit players against one another.

Agya Koo further clarified that he has never made negative comments about Lil Win and has no personal issues with him. He recounted how he first met Lil Win and described the positive interaction they shared.

Additionally, Agya Koo revealed how he persuaded fellow actor Akrobeto to leave his job in Europe and join the Kumawood movie industry, a decision that changed Akrobeto’s career.

During a show in Holland, Agya Koo invited Akrobeto, who was living in Belgium at the time, to join him on stage. Impressed by Akrobeto’s performance, Agya Koo felt that his friend had a natural talent for entertainment and was not realising his potential in a regular nine-to-five job.

After the show, Agya Koo encouraged Akrobeto to consider a future in acting back home in Ghana. He assured him that his true calling lay in show business, not in the regular work he was doing overseas.

According to Agya Koo, Akrobeto took this advice to heart and decided to leave Belgium to pursue a career in the film industry in Ghana. Their first movie together became an instant hit, sparking Akrobeto’s rise to fame.

Editorial: Government’s Free Kidney Dialysis Treatment Is A Bold Step

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Editorial

The presidential candidate of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has announced that, beginning December 1, 2024 all kidney patients under the National Health Insurance Scheme (NHIS) will be offered free kidney dialysis treatment.

This initiative follows the six-month pilot programme that provided free dialysis for those over 60 years and under 18 years, under the NHIS. The move is aimed at addressing the high financial burden associated with the life-saving treatment.

“Kidney disease is a serious concern and dialysis is often out of reach for many who need it,” Dr. Bawumia said during a campaign stop at Old Tafo in Kumasi on Sunday [November 10].

“With the pilot success, I’m pleased to announce that all NHIS members requiring dialysis will have this service covered in full, starting December 2024,” he said.

This is good news in our healthcare system. Free dialysis coverage under NHIS signals a lifeline for thousands of patients in desperate need of regular, but expensive treatment to manage chronic kidney disease (CKD).

This is a huge relief for patients who have struggled with costs for so long.

For instance, in Ghana, a developing country where healthcare costs can quickly drain families’ resources, this initiative is long overdue and we must rally in support of this program.

Kidney disease has emerged as a growing public health challenge. Studies reveal that about 13% of adults in Ghana suffer from chronic kidney disease, with the prevalence increasing among young adults as well.

The high prevalence is largely driven by hypertension, diabetes and other non-communicable diseases, which continue to rise in our communities. Patients suffering from advanced CKD are faced with two treatment options: kidney transplant or dialysis.

While transplants are a permanent solution, they are costly and logistically complex; dialysis remains the more common and viable option for most Ghanaians. However, until now, dialysis costs have been prohibitively high, pushing many families into debt or forcing them to abandon treatment altogether.

Dialysis treatment costs in the country typically range from GHS 300 to GHS 500 per session, and with patients requiring up to three sessions weekly, the monthly cost easily exceeds GHS 4,500. For an average Ghanaian household, this translates into an unaffordable expense, often leaving families with impossible choices between managing medical costs and meeting basic living needs.

To place this in perspective, the World Bank estimates the average Ghanaian household income per capita to be around GHS 8,000 per year, barely covering two months of dialysis treatments. As a result, many patients either forego treatment or receive it irregularly, putting their health and lives at constant risk.

This new NHIS initiative, following a successful pilot program that offered free dialysis to patients, signals that Ghana is stepping up to provide meaningful healthcare solutions that address both medical and economic challenges.

The extension of free dialysis to all NHIS members is a victory not only for kidney patients, but also for the entire healthcare system, which stands to benefit from reducing emergency cases caused by insufficient dialysis treatments.

While we celebrate this advancement, it is essential to understand that healthcare infrastructure must be ready to handle the expected increase in dialysis demand.

The country currently has only a handful of dialysis centers, concentrated primarily in urban areas, leaving rural and peri-urban populations at a disadvantage.

Additional resources must be allocated to expand the number of dialysis machines, trained personnel and support services throughout the country.

Investments in transportation and accommodation support for patients traveling from distant regions are also necessary to make this program truly accessible to all NHIS members.

Furthermore, the government must take proactive steps to address the root causes of kidney disease, such as hypertension and diabetes, which are preventable and manageable with proper lifestyle modifications and early intervention.

Neighboring countries such as Nigeria have also made strides in subsidizing dialysis costs, although coverage remains inconsistent and dependent on state resources. With this bold step, we set a precedent for the region, demonstrating that it is possible to prioritize citizens’ health even amidst economic challenges.

The journey is not over. We must urge healthcare providers, and communities to support this program’s expansion and sustain it for future generations. The road ahead will require resources, collaboration, and vigilance to ensure equitable access and quality of care across the country.

However, with the continued commitment of stakeholders, we can ensure that this program not only succeeds, but serves as a model for addressing other critical healthcare needs.

It is a historic step that deserves both our support and our efforts to expand its reach and impact.

NCCE holds forum to discuss peace in Akuapem North

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The Akuapem North director of the National Commission for Civic Education (NCCE) Madam Benedicta Duvor making a point to the gathering during the event.

The Akuapem North Director of the National Commission for Civic Education (NCCE), Madam Benedicta Duvor has charged politicians to demonstrate a high level of tolerance and civility in the last moment of this year’s political campaign.

According to the Akuapem North NCCE director, calling on the parliamentary aspirants to proffer different perspectives are means to solving the challenges in the country and not a platform for war.

She made the pronouncement during at a forum organized by her office through the Inter-Party Dialogue Committee (IPDC) for Parliamentary Candidates (PCs) in the Akuapem North Constituency.

The event was attended by traditional leaders, clergy, political party representatives and members of the constituency.

Madam Benedicta Duvor hinted that the dialogue was to provide a platform for parliamentary candidates to outline their visions for electorate to decide in the December polls in the Akuapem North Constituency.

The Akuapem North NCCE Director explained that the event forms part of the process to help deepen multi-party democracy as well as help electorates to make an informed decision in the forthcoming general elections.

She explained that the NCCE has provided the opportunity to PCs to outline their plans and how to navigate practical solutions for the various challenges such as employment, health, education, road network, economy, and agriculture when given the nod as a Member of Parliament (MP).

Madam Benedicta Duvor continued that the NCCE as part of the electoral process hosted a dialogue for PCs to provide pre-solutions to address the concerns and needs of their constituents in the municipality.

She said that voters will decide on the answers provided by PCs on education, roads, health and employment.

The Akuapem North NCCE director called on the parliamentary aspirants to proffer different perspectives to solving the challenges within the constituency devoid of electoral violence and other related activities.

She said that voters would decide on the answers provided by PCs on education, roads, health and employment, and agriculture in a peaceful environment that will help the country to protect the good reputation of the electorates.

Madam Benedicta Duvor called on eligible voters in the constituency to exercise their franchise  in the upcoming general elections.

The parliamentary candidates took turns to highlight their vision and mission for the Akuapem North constituency and why the electorate must give them the nod to represent the constituency in parliament.

Mr. John Evans Kumordzi, the Parliamentary Candidate for National Democratic Congress (NDC)

The first person to outline his vision was largest opposition National Democratic Congress (NDC) candidate, Mr. John Evans Kumordzi, who emphasised on the importance of education in transforming society and quality healthcare.

He promised to support academically gifted students from relatively disadvantaged families to access quality education.

The Akuapem North NDC candidate hinted at introducing an annual awards scheme to motivate teachers and foster a joyful learning environment, an initiative he said would provide opportunities for teachers to study abroad and enhance their skills to benefit the community.

Mr. Kumordzi also disclosed that he would increase the distribution of National Health Insurance Cards through free registration to the constituents, particularly those without the cards, in an effort to facilitate easy access to healthcare services.

Section of constituents at the event

On employment, Mr. John Kumordzi stated that NDC had put in place strategic measures to provide employment for the constituents, adding that his outfit would provide students with scholarships to further their education.

With agriculture, he said that the NDC would revive state farms with farming equipment in order to make farming more attractive for the electorates in the constituency.

The electorates gathered at the program to applaud Mr John Kumordzi on his solution for unemployment, health, education, road networks, the economy and agriculture.

Madam Christiana Otoo, Constituency Deputy Women’s Organiser for the New Patriotic Party (NPP) who represented Mr. Sammy Awuku promised her party’s readiness and commitment to ensure peace at all times.

“As a party, the NPP has always stood for peace and stability. In fact, our ideology is rooted in liberal conservatism and center-right politics.

“Our goal is to promote development and freedom for all Ghanaians, and we believe this can only be achieved through peaceful means”, she stressed.

The traditional leaders were there to support the event

A representative from the National Peace Council, Mr. Adu Asare, called on Ghanaians to sustain the peace the country was enjoying and avoid violence in the name of supporting their favorite political parties.

He charged Ghanaians to apply common sense and prioritize peace before, during and after the general elections, activities he underscored if jealously and religiously followed, would help to prevent conflicts and ensure a harmonious society.

Re-echoing the mandate of the Council, Mr. Adu Asare stated that the Council has been working tirelessly to promote peace and cohesion in Ghana by encouraging presidential and parliamentary candidates to commit to peaceful elections.

 

‘Let’s Be Decent In Our Media Engagement’

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The Eastern Regional Minister Hon Seth Kwame Acheampong addressing the media

The Eastern Regional Minister, Seth Kwame Acheampong, has called on media practitioners in the country, particularly in the Eastern Region, to make room for decency.

According to the Regional Minister, the peace Eastern Region is enjoying cannot be compromised because of reckless and irresponsible journalism, hence the need for practitioners to be measured in their presentations and reports.

Leadership of RESEC in a group photograph with the Eastern Regional press corps

He was speaking at a stakeholder meeting, which was organised by the Eastern Regional Security Council (RESEC) and aimed at highlighting the need for constituents in the region to maintain peace before, during and after the December general elections.

The Minister was of the view that practitioners, particularly the various radio presenters must be firm, fair and hold their guests, especially politicians.

“All arguments must end in a decent environment and I know all anchors present here have the control over the microphone and I plead with you to exercise that right”, he stated.

He continued that, “all of us have our fundamental freedom enshrined in the 1992 constitution, but nobody’s right runs over and above the others and it is, therefore, important to respect each and accord each other the needed decency and respect so that we will engage in a friendly atmosphere, even though it can be heated sometimes”.

Mr Acheampong pleaded with the media to assist the regional security council to manage the situation in a public space to achieve public peace in the region.

Close ranks to reclaim Oyo in 2027 –Tinubu charges APC members

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President Bola Tinubu

President Bola Ahmed Tinubu has advised chieftains and members of the All Progressives Congress (APC) in Oyo State to close ranks and work together in order to reclaim the state in 2027.

He noted that the state is too important to be missing among the progressive fold.

Tinubu, who was represented by the Minister of Power, Mr. Adebayo Adelabu, made this assertion during the maiden edition of Lam Adesina annual lecture held in Ibadan, the state capital on Monday.

The event was attended by former governors of Ekiti State, Otunba Adeniyi Adebayo and Dr Kayode Fayemi, Senator Teslim Folarin, Senator Abdulfatai Buhari, Chief Iyiola Oladokun, Chief Alake Adeyemo and the APC Chairman in the state, Alhaji Olayide Abas.

Others are the Olubadan of Ibadanland, Chief Imam of Ibadanland, Apostle Sunday Popoola, Senator Olufemi Lanlehin, Barrister Bayo Shittu, Engr. Rauf Olaniyan, Elder Wole Oyelese, Hon. Aderemi Oseni, Sen. Adesoji Akanbi, Senator Monsurat Sunmonu, Chief Akin Oke and Professor Adeolu Akande.

DAILY POST reports that Adesina was the governor of the state between May 1999 and May 2003.

The APC lost the state to the Peoples Democratic Party (PDP) during the 2019 and 2023 general elections.

The minister noted that the best way to honor the former governor is to ensure that the leaders of the party work as one in a bid to reclaim the state in the next elections.

He said, “Lam Adesina stood for high democratic ideals that underpin the democratic system of government. Ideals that are essential for ensuring that power is held by the people, either directly or through elected representatives.

“Ideals of effective participation in governance with citizens making their views known on policy decisions.

“Consequently, to honour his memory, the Progressives in Oyo State must come together as one. You all must fight the fight and win the battle. Come 2027, Oyo State must return to the progressive fold.”

The Senate leader, Senator Opeyemi Bamidele, who spoke through Senator Shuaib Salisu in his remarks, emphasised the need for Nigerians to rediscover the value system which would encourage citizens to be more responsible.

Credit: dailypost.ng

 

The Ghanaian Chronicle