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Editorial: Black Stars need total overhaul

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Editorial

In the Wednesday edition of this paper, we touted the past achievements of the senior national team, the Black Stars. We listed the exploits of the 2009 golden generation, which won the Under 20 World Cup for Ghana in Egypt.

All these achievements, we contended, were as a result of pragmatic measures put in place to nurture football talents in the country. Unfortunately, we have departed from this blue print and the result is the trouble facing the Black Stars as a team – because we do not have the nursery teams to feed them with high class players.

We then suggested that Ghana adopts the Senegalese strategy, which is helping the French speaking country to achieve more football laurels on the continent of Africa. Senegal, we are told, has a football academy in France, which is training young boys of Senegalese descent.

But, as we wait to hear from the authorities on the subject matter, we do not think the above issues we have raised are the only problems confronting the senior national team. In our opinion, the Black Stars are being treated or seen as business entity for some group of people. What these football people are interested in is how to make money for their individual pockets and not the performance of the team.

It is on record that one of Ghana’s great performers in Europe, Joseph Paintsil, was surprisingly dropped from the 2022 world Cup in Qatar, under strange circumstances. Later, the owner of the team the player played for before moving to Europe, Wilfred Osei Palmer, came out to state that Paintsil was dropped because of the problem the GFA president had with him (Palmer).

If this allegation is true, why should the country suffer because of the strained relationship between the football authorities and Mr Palmer, owner of Tema Youth, which is Paintsil’s former local club? The Chronicle was, therefore, happy when the dismissed Chris Hughton decided to include Paintsil in the 2023 AFCON squad.

But what did we see – the skilful player was not allowed to exhibit his talent to the fullest, as the coach kept on changing him. For instance, in the game against Egypt, the coach brought Painstil into the game in the 89th minute. Of course, the coach has the right to change him, but all Ghanaians who watched the matches saw that the player was playing well and deserved to play a 90 minutes full game.

In the area of goal keeping, Lawrence Ati Zigi, who kept the post during the 2022 World Cup in Qatar and performed well, was dropped to the bench. Richard Ofori, who was given the opportunity to keep the post, is a third choice goalkeeper with Orlando Pirates in South Africa. In other words, he is a bench warmer, but Ati Zigi who is playing regularly in Europe was dropped to the bench. If we may humbly ask: is this not strange?

Former Minister for Youth and Sports, Nii Lante Vanderpuye, in his recent interview with the Ghana Broadcasting Corporation (GBC) suggested the need to reconstruct the whole structure of Ghana’s football in order to generate a new crop of talents to secure Ghana’s success in tournaments.

According to him, coaches appointed to handle the senior national team, the Black Stars, are not allowed to invite their own players, which needs to be stopped. “Individual interest is killing the management of the Black Stars,” he reportedly told the state owned radio station. In our humble opinion, Nii Lantey hit the nail right on the head, because his suggestion seems to be the right situation on the ground.

We should not gloss over the fact that the Black Stars is a national team owned by Ghanaians and not any individuals. The state, represented by the government of the day must, therefore, have a say in how the team is managed. Football plays an important role in the sustenance of peace and stability in the developing world.

It would, therefore, be wrong for the government to sit aloof and allow certain individuals to handle the team as if it is their personal property.

We would surely return to this subject in our subsequent publications.

The Art of Finding Work

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OPINION

15 years ago (I’m ballparking), employers hired after two or three interviews. Today, it’s common to have five to seven interviews.

I seldom encounter a job seeker who empathizes with employers and grasps that hiring is a significant risk, thus understanding why employers tend to be skittish when hiring.

Employers are risk-averse. Hiring involves assuming a liability risk. Candidates often, without realizing it, present themselves in a way that gives employers the impression that hiring them would be risky.

Will the candidate…

  • be a fit?
  • be easy to manage?
  • look after the company’s best interest?
  • make them (the hiring manager) look good?

Add to the above the persistent talk of a looming recession, along with AI rapidly advancing; thus, AI may soon be able to fill the current vacancy. It’s no wonder why employers are hyper-cautious when hiring.

Think AI won’t have an impact on jobs?

37% of 750 business leaders surveyed by ResumeBuilder said AI replaced workers in 2023. 44% predict AI efficiency will lead to layoffs in 2024. The good news is that 96% of companies hiring in 2024 say candidates will benefit from having AI skills.

In a recent column, I wrote that I consider AI a human replacement tool, not a productivity tool. As AI adoption increases, employers will closely monitor their employees’ productivity versus AI’s and lean towards which best serves their self-interests.

No employer wants to hire a candidate only to let them go a short time later. “Sorry, Bob, the second and third quarters weren’t as strong as we’d hoped; unfortunately, we need to let you go.”

Today’s economic and political climate, combined with seismic changes in the psyches of the younger generation, which are adding fuel to the always-existing discourse between employees and employers, explains why employers hire with extreme caution. As a job seeker, you need to figure out ways to present yourself as a candidate who isn’t high-risk.

Write the following quote on a Post-it Note and place it where you’ll see it daily while job hunting.

“Business is all about solving people’s problems — at a profit.” – Paul Marsden, British writer, businessman and former politician.

Job searching is about selling yourself as the solution to an employer’s problem. What’s the employer’s problem? Read the job description. Ask yourself: Why does this position exist? Why was it created? When you answer these questions, you are forced to focus on what  the employer wants rather than what you want.

Instead of focusing on what you want, get deeply and intensely curious about the employer’s needs and wants, increasing revenue and reducing costs being the obvious. (READ: creating a profit ) What do you offer employers that are tangible and measurable that’ll facilitate their earnings and, therefore, are worth paying for? If an employer hired you, what kind of ROI would they receive?

Employers don’t give money to their employees because they want it or feel they deserve it. Employers aren’t concerned with what their employees want or feel they deserve. Employees are paid by their employers in exchange for results that help them achieve their business goals.

You can gain a significant advantage over your competitors by understanding and empathizing with the risks employers take when hiring.

“If there is any one secret of success, it lies in the ability to get the other person’s point of view and see things from his angle as well as your own.” – Henry Ford

In a time of economic uncertainty, rapid technological advancement, and cultural fit becoming increasingly important, job seekers need to address these factors directly.

  • Economic uncertainty

Hyperinflation is shifting consumer behaviour. Geopolitical tensions are becoming more pronounced. There’s constant talk of a recession looming. We live in an angst-filled world.

In order to ease employers’ concerns about where the economy is heading, candidates must demonstrate flexible problem-solving skills and the ability to adapt to changing circumstances. To be seen as someone who can help the company weather difficult times, prepare a couple of STAR (Situation, Task, Action, Result) stories demonstrating you have handled challenging situations or helped your employer through tough times.

  • Technological advancement

It’s no longer enough to know the basics of Word and Excel. Today, employers expect their employees to be able to proficiently use multiple tech tools, such as data analysis, online collaboration, project management and, of late, AI prompting.

Using tech tools (e.g., QR code, Zoom, Slack) throughout your job search shows that you are tech-savvy without having to say so.

  • Cultural fit

The importance of cultural fit is greater than ever. The slightest sign that you won’t fit in – you don’t align with the company’s values, mission, or work culture – will end your candidacy.

By researching the organization’s culture, mission, and values, you can then position yourself to demonstrate how your values and work style match the organization’s mission and culture. Showing enthusiasm for the company’s objectives and illustrating experiences (STAR stories) that resonate with its culture will ease employers’ concerns about cultural compatibility.

Understanding and mitigating employers’ hiring concerns will help you stand out in today’s fiercely competitive job market.

By Nick Kossovan

(artoffindingwork@gmail.com)

The views expressed in this article are the author’s own and do not necessarily reflect The Chronicle’s stance

27-year old mason in court over alleged robbery

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Court

A 27 year old mason, Victor Amidon, has been charged for allegedly robbing a plumber off one Tecno Spark 7 phone valued at GH¢750.00 and cash sum of GH¢2,400.00 using gun and cutlass.

He has pleaded not guilty to two counts of robbery, when presented before the Accra Circuit Court, presided over by Mr Samuel Bright Acquah on Thursday, 18th January 2024.

He has been remanded into lawful custody, to be represented before the court on January 29, 2024.

According to the Prosecutor, Deputy Superintendent of Police (DSP) Maxwell Oppong, the accused, allegedly robbed Emil Anku, a Plumber and Victor Afenyo, a Welder, both residents of Seduase in Accra, off their mobile phones and money on December 27, 2023 at about 2.00am.

He said the accused and five others, armed with pump action guns, a pistol and cutlasses stormed the residence of the first Complainant, Emil, broke down his door to gain access into the room.

The Prosecuting Officer added that the accused and his two other accomplices entered Emil’s room and pointed a gun at him, ordering that he hands them his money and phone.

Victor saw Emil’s Tecno Spark 7, which was on charge and took same and coerced the 1st Complainant to give out his password on the phone.

The accused and his gang also ransacked the 1st Complainant’s room and made away with GH¢2,400.00.

The 2nd Complainant, who was awoken by the ongoing noise at his neighbour’s house, came out of his house and walked towards the scene.

Upon seeing 2nd Cmplainant, three of the gang members who were stationed outside to keep watch got hold of him and pushed him to the ground.

The Accused came out from the first Complainant’s room and saw his gang holding the 2nd Complainant to the ground and ordered their victim to surrender his phone and other valuables.

The accused forcefully took 2nd Complainant’s Tecno Spark 5 and they fled.

The 2nd Complainant later saw the accused in town and caused his arrest. The Accused denied the offences, but has been brought before the court while investigation is ongoing to arrest his accomplices.

Apprentice steals from master to engage prostitutes

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Accra Circuit Court

Richard Boame, a 37-year old Apprentice, has been sentenced three years imprisonment for stealing GH¢15,000 from his master to engage the service of prostitutes.

In a matter of three days, the convict hired a hotel room and engaged in sexual activities with eight prostitutes and paid each between GH¢330 and GH¢550.

Boame pleaded guilty simplicita, when presented before Her Honour Kizita Naa Koowa Quarshie, the presiding judge of the Accra Circuit Court ‘4’, on Thursday, 18th January 2024.

According to the prosecuting officer, Inspector Da-Costa Ansah, the stolen money was given to the Convict’s master by a client to perform some job.

He said Daniel Hafia Komia, who is a resident of Osu, kept the money in his room in a bag on January 9, 2024.

The Prosecutor said the convict entered the room unnoticed and took the money, scaled over the wall and ran away.

Mr Komia later discovered that the money was missing and immediately suspected the convict because he was the only one who entered the room.

Attempts to contact him on his phone failed because he refused to answer the calls.

A report was made to the Police and upon intelligence, the convict was arrested in Kumasi on January 13.

Investigation revealed that convict went to rent a hotel in Kumasi and also engaged in the service of prostitutes, and after having fun with them, paid them cash between GH¢¢330 and GH¢550.

Inspector Da-Costa stated that the convict engaged as many as eight prostitutes between 10th and 13th January.

He added that the convict used some of the stolen money to buy a backpack, a bluetooth speaker, five boxer shorts, a trouser, three shirts, a spectacle, a perfume, a pair of sneakers, a pair of sandals and a mobile phone.

Only a cash of GH¢380 was retrieved from him at the time of his arrest.

After investigation, he was charged with the offence as stated in the charge sheet and put before court

Naira undervalued, inflation to drop to 21.4% in 2024 –Cardoso

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Naira undervalued

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has declared that the Nigerian naira is undervalued, promising to expedite the discovery of genuine price in the near term. He said, “We believe that the naira is currently undervalued, and coupled with the coordinated measures on the fiscal side, we will expedite genuine price discovery in the near term. This coordinated approach will contribute to a more balanced and stable exchange rate.”

The CBN Governor, who spoke at the 2024 Macroeconomic Outlook of the Nigerian Economic Summit Group (NESG) on Wednesday, also said that the apex bank is looking at an inflation rate of 21.4 per cent under its inflation-targeting regime.

“The anticipated moderation in pump prices of PMS, due to the expected operational status of the country’s government and private-owned refineries in 2024 is a pivotal factor in the economic equation.

The adoption of inflation targeting framework according to the CBN Chief, involves clear communication, use of monetary policy instruments and collaboration with fiscal authorities to achieve price stability and positively influence consumer behaviour.

He maintained that declining inflation will have a great impact on businesses, providing a more predictable cost environment and potentially, leading to lower policy rates, stimulating investment, stimulating growth and creating job opportunities.

Credit: channelstv.com

Supreme Court affirms election of Agbu Kefas as Taraba governor

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Agbu Kefas, Governor of Taraba State

The Supreme Court on Thursday affirmed the election of Agbu Kefas as the Governor of Taraba State.

Delivering judgment, Justice Lawal Garba dismissed the appeal by the New Nigeria People’s Party, NNPP, and its governorship candidate, Yahaya Sani, for filing an incomplete record of appeal.

The Appellants had approached the Supreme Court, praying it to set aside the judgement of the Court of Appeal in Abuja which affirmed Kefas’ election victory.

The appellate court, had, in the judgement it delivered on November 28, 2023, dismissed the appeal by the NNPP and its candidate as lacking in merit.

The court held that it found no reason to vacate the verdict of the Taraba State Governorship Election Petition Tribunal, which had on September 30, 2023, declared Kefas of the PDP as the bonafide winner of the gubernatorial poll.

Credit: dailypost.ng

Tinubu to unveil Lagos Red Line February –Sanwo-Olu

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Babajide Sanwo-Olu, Lagos State Governor

Governor Babajide Sanwo-Olu of Lagos State has said the Lagos Red Line rail would be unveiled in February.

Sanwo-Olu said he has written to President Bola Tinubu regarding the unveiling of the rail line.

He disclosed this at the Lagos West Senatorial District Town Hall Meeting held at the Balmoral Convention Centre, Sheraton, Ikeja.

“Our Red Line rail will be unveiled in February. In fact, we have written officially to Mr President to come and help us unveil it in February this year,” Sanwo-Olu said.

In December 2023, Sanwo-Olu unveiled the Lagos Rail Mass Transit Red Line Ikeja Overpass.

Sanwo-Olu, while unveiling the overpass, expressed hope that the Red Line rail, which, according to him, is 95 per cent completed, will be unveiled by Tinubu before the end of the first quarter of 2024.

He added that the Red Line rail, when operational, will convey about 500,000 passengers daily. Credit: dailypost.ng

Govt, Labour to discuss new minimum wage in March –Minister

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Minister of Information and National Orientation, Alhaji Mohammed Idris

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has said that the Federal Government will commence discussions on the new minimum wage with labour unions in March.

Idris disclosed this at the 21st Daily Trust Dialogue and presentation of the 2023 African Award of the Year on Thursday in Abuja.

The dialogue, with the theme ‘Tinubu’s Economic Reforms: Gainers and Losers’, was organized by the Media Trust Group.

He said when the fuel subsidy was removed, President Bola Tinubu initially promised to pay N25,000 wage award to workers to cushion the effect of the subsidy removal.

“But Labour was not comfortable. We entered into negotiation with Labour and after a long discussion with them and President Tinubu, we arrived and agreed at N35,000 which was accepted.

“The President said the N35,000 will be paid for six months to cushion the effects of the removal of fuel subsidy. That would be from September 2023 to February 2024.

“So after the payment of the wage award for six months; in March, the government and Labour will come together again to deliberate on a new minimum wage for workers.

“However, it is important for Nigerians to understand the intention of Tinubu to address the welfare and well-being of all Nigerians. I know it is not easy but Nigerians will be better for it.

“I want to call on Nigerians to give President Tinubu the time to make things right for the country,” Idris stressed.

Credit: dailypost.ng

President Bola Tinubu travels to France

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Tinubu travels

President Bola Tinubu will on Wednesday (today) depart Abuja for Paris for a private visit.

Presidential spokesperson, Ajuri Ngelale, disclosed this in a statement on Wednesday.

Mr Ngelale said the president will return to Nigeria in the first week of February.

“President Bola Tinubu departs Abuja for Paris, France, on Wednesday, January 24, 2024, for a private visit.
“He will return to the country in the first week of February, 2024,” the statement said. The trip will be President Tinubu’s second to France since he assumed office in May 2023.

The president had, in June 2023, joined world leaders in Paris to review and sign a New Global Financial Pact that places vulnerable countries on a priority list for support and investment, following the devastating impact of climate change, energy crisis, and after effect of the COVID-19 pandemic.

The president participated in the two-day summit that looked at opportunities to restore fiscal space to countries that face difficult short-term financial challenges, especially the most indebted; mobilise innovative financing for countries vulnerable to climate change; foster development in low-income countries and encourage investment in “green” infrastructure for the energy transition in emerging and developing economies.

Credit: premiumtimesng.com

Subscription of $5m Atlantic Lithium shares completed

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Lithium

The African-focused lithium exploration and development company targeting to deliver Ghana’s first lithium mine, is pleased to announce that, in line with the non-binding Heads of Terms (“Strategic Investment”), announced on 8 September 2023, the Minerals Income Investment Fund of Ghana (“MIIF”) has completed a subscription for 19,245,574 Atlantic Lithium shares (“Subscription”) at a price of US$0.2598 (A$0.39 / £0.20) per share (“Subscription Shares”), for a value of US$5 million (A$7.60m / £3.93m).

Highlights;

  • Atlantic Lithium welcomes Ghana’s mineral sovereign wealth fund, MIIF, as a new major, strategic shareholder and funding partner, demonstrating the Ghana government’s significant support for the advancement of the Company’s flagship Ewoyaa Lithium Project (“Ewoyaa” or the “Project”).
  • MIIF’s US$5m Subscription forms part of its agreed total US$32.9 million Strategic Investment in the Company and its Ghanaian subsidiaries to expedite the development of the Project and the broader Cape Coast Lithium Portfolio in Ghana (“Ghana Portfolio”) towards production.
  • Subscription Shares to be held in escrow, equating to 3% of the total issued share capital of the Company.
  • Under the agreed terms of the Subscription, MIIF is entitled to nominate one person to the Company’s Board of Directors and will be granted 9,622,787 warrants at a price of US$0.3637.
  • In addition to the US$5m Subscription, and subject to the Company reaching a binding agreement with MIIF for its proposed investment in the Ghana Portfolio, MIIF to invest a further US$27.9m in the Company’s Ghanaian subsidiaries to acquire a 6% contributing interest in the Company’s Ghana Portfolio, inclusive of the Project, expected to complete in the coming months.
  • MIIF’s Strategic Investment to enhance the Company’s cash balance and contribute towards Project development expenditure, reducing the Company’s share of the total US$185m development expenditure, as indicated by the Ewoyaa Definitive Feasibility Study, further de-risking the advancement of the Project.
  • MIIF’s decision to invest in the Company serves as an indication of the country’s long-term green minerals ambitions with Atlantic Lithium as the government’s ‘partner of choice’, as well as an endorsement of the Company’s intrinsic value as an investment opportunity.

Commenting, Neil Herbert, Executive Chairman of Atlantic Lithium, said:

“I am delighted to welcome Ghana’s sovereign wealth fund, MIIF, onto the Atlantic Lithium register as a highly valued shareholder and partner. MIIF’s Strategic Investment recognises the considerable, long-lasting benefits that the Company, through lithium production at Ewoyaa and the broader Cape Coast Lithium Portfolio, can bring to Ghana, while also being indicative of Atlantic Lithium’s significant value upside to existing and prospective investors.

“As we near the commencement of construction at Ewoyaa later this year, we expect to benefit greatly from MIIF’s support. Notably, this includes MIIF’s contributing interest towards the Project’s development expenditure, which further de-risks the success of the Project.

“We look forward to completing the deal and working alongside MIIF as a partner in achieving Ghana’s lithium production ambitions.”

Commenting, Edward Nana Yaw Koranteng, Chief Executive Officer of the Minerals Income Investment Fund said: “MIIF has been at the forefront of leading co-investment opportunities within the mining sector in Ghana. This provides a de-risking mechanism for global investors such as Atlantic Lithium and cements Ghana as an investment destination of choice in Africa.

“Our strategy is to invest across the entire mining value chain of every mineral, with lithium not being an exception. In this vein, MIIF is prepared to invest in line with the Government of Ghana’s energy transition plan, including becoming the EV hub for Africa.

“Atlantic Lithium’s Ewoyaa Lithium Project has vast prospects with comparatively minimal initial capital requirements. The Project’s proximity to the Takoradi port and other infrastructure improves its profitability profile. We look forward to working with all parties involved to deliver Ghana’s first lithium mine, cementing the country’s position as a leading global minerals destination.”

The Ghanaian Chronicle