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News Sports

U-20 WWC: African Origin Travels and Sports Tourism appointed official travel and hospitality agency

The Ministry of Youth and Sports has officially appointed African Origin travel and tours as the authorized ticket and hospitality agent for Ghana’s participation in the impending FIFA U20 Women’s World Cup in Costa Rica.

African Origin Travel and Sports tourism, who have a track record of managing worldwide events, including world cups and the recent AFCON in Cameroon, are expected to ensure the smooth handling of officials, fans, players, and other critical stakeholders during and after the three-week tournament.

Ghana’s Black Princesses will compete at this level for a record sixth time and hope to make it out of the group for the first time despite drawing the USA, The Netherlands, and Korea.

Meanwhile, African Origin travel and Sports Tourism are to liaise with the Sports Ministry and the Ghana Football Association and provide complete logistics and travel services.

In the coming days, packages will be available for many fans who plan to join the Black Princesses in North America for the Mundial.

News

Gunmen kill woman, four children in Anambra

A woman and her four children have been killed by gunmen in Anambra state.

 

The incident was said to have taken place in a community in Orumba north LGA of the state over the weekend.

 

Confirming the development on Tuesday, Tochukwu Ikenga, Anambra police spokesperson, said investigation into the incident has commenced.

 

“Investigation has since commenced and our deployment is very strategic and intelligent-driven aimed at unraveling the identities of these perpetrators,” he said .

 

The killing of the woman, who is said to be a resident of Hausa extraction, has elicited criticism in the light of recent attacks across the state by gunmen.

 

Echeng Echeng, Anambra police commissioner, on Tuesday, paid a visit to the Hausa community in the LGA.

 

In his remarks during the visit, Echeng said the police will ensure adequate security for the community.

 

Also reacting to the development in a statement issued on Tuesday, Christian Aburime, spokesman to Chukwuma Soludo, governor of Anambra, condemned the killing, but said it had no religious or ethnic undertones.

 

“While it is true that there is general insecurity across the country, there is no targeted religious or ethnic killings in Anambra State. As a matter of fact, Anambra indigenes have suffered more casualties as a result of the unfortunate killings,” the statement reads.

 

He also said the state is stepping up efforts to tackle insecurity.

 

“It is on record that Ndi Anambra and people of the North and other parts of the country who live and do business in the state, not only share common values, but have always lived at peace with each other in the state,” he said.

 

 “Governor Soludo’s administration has not only demonstrated commitment in tackling insecurity but has continuously reassured both indigenes and non-indigenes in the State of their protection and safety.”

News

Monkeypox: Cases detected in three more countries for first time

Monkeypox is similar to smallpox but less severe and less infectious too – Image Source: SCIENCE PHOTO LIBRARY

The United Arab Emirates (UAE) has became the first Gulf state to record a case of monkeypox.

The Czech Republic and Slovenia also reported their first cases on Tuesday, joining 18 other countries to detect the virus outside its usual Africa base.

That number is expected to rise further still, but experts say the overall risk to the general population remains low.

Outbreaks of the virus have been found in Europe, Australia and America.

The symptoms often include a fever and rash – but the infection is usually mild.

In the UAE, health officials announced a case had been detected in a traveller who had recently visited west Africa and is now receiving medical treatment.

Authorities there say they are “fully prepared” to handle any outbreak, adding that early surveillance protocols for detecting the disease were in place.

The World Health Organization (WHO) says the virus can be contained with the right response in countries outside of Africa where it is not usually detected.

“We encourage you all to increase the surveillance of monkeypox to see where transmission levels are and understand where it is going,” the WHO’s director for Global Infectious Hazard Preparedness, Sylvie Briand, said at a conference on Tuesday.

The outbreaks may not be normal but remain containable, she added.

Outside Africa there are now 237 confirmed and suspected cases of monkeypox and health authorities around the world have announced plans to contain the virus.

Germany says it has ordered up to 40,000 doses of the Imvanex vaccine – used to treat smallpox, but also effective against monkeypox – to be ready in case the outbreak worsens.

Anyone already vaccinated with a smallpox vaccine years ago as part of a global bid to eradicate the disease should have existing immunity, German health officials said. But they added that the older treatment has more side-effects so is not suitable for fighting monkeypox today.

graphic

And in France, which has detected three cases, officials announced a targeted vaccination campaign of adults who had been recently exposed.

Authorities there are recommending that a vaccine be given within four days of exposure, but up to 14 days afterwards if necessary.

In England, officials announced on Tuesday that 14 more cases of the virus had been detected – bringing the total number of cases in the UK to 71.

Monkeypox is usually associated with travel to Central or West Africa, but some of the cases which have been occurring outside these countries have had no travel link.

It does not spread easily between people, but it can be spread through:

  • touching clothing, bedding or towels used by someone with the monkeypox rash
  • touching monkeypox skin blisters or scabs
  • the coughs or sneezes of a person with the monkeypox rash

If you get infected with monkeypox, it usually takes between five and 21 days for the first symptoms to appear.

Symptoms include fever, headache, muscle aches, backache, swollen lymph nodes, chills and exhaustion.

A rash can develop, often beginning on the face, then spreading to other parts of the body. The rash changes and goes through different stages – a bit like chicken pox – before finally forming a scab, which later falls off.

News

Gunmen kill woman, four children in Anambra

A woman and her four children have been killed by gunmen in Anambra state.

 

The incident was said to have taken place in a community in Orumba north LGA of the state over the weekend.

 

Confirming the development on Tuesday, Tochukwu Ikenga, Anambra police spokesperson, said investigation into the incident has commenced.

 

“Investigation has since commenced and our deployment is very strategic and intelligent-driven aimed at unraveling the identities of these perpetrators,” he said .

 

The killing of the woman, who is said to be a resident of Hausa extraction, has elicited criticism in the light of recent attacks across the state by gunmen.

 

Echeng Echeng, Anambra police commissioner, on Tuesday, paid a visit to the Hausa community in the LGA.

 

In his remarks during the visit, Echeng said the police will ensure adequate security for the community.

 

Also reacting to the development in a statement issued on Tuesday, Christian Aburime, spokesman to Chukwuma Soludo, governor of Anambra, condemned the killing, but said it had no religious or ethnic undertones.

 

“While it is true that there is general insecurity across the country, there is no targeted religious or ethnic killings in Anambra State. As a matter of fact, Anambra indigenes have suffered more casualties as a result of the unfortunate killings,” the statement reads.

 

He also said the state is stepping up efforts to tackle insecurity.

 

“It is on record that Ndi Anambra and people of the North and other parts of the country who live and do business in the state, not only share common values, but have always lived at peace with each other in the state,” he said.

 

 “Governor Soludo’s administration has not only demonstrated commitment in tackling insecurity but has continuously reassured both indigenes and non-indigenes in the State of their protection and safety.”

News

Gunmen kill woman, four children in Anambra

A woman and her four children have been killed by gunmen in Anambra state.

 

The incident was said to have taken place in a community in Orumba north LGA of the state over the weekend.

 

Confirming the development on Tuesday, Tochukwu Ikenga, Anambra police spokesperson, said investigation into the incident has commenced.

 

“Investigation has since commenced and our deployment is very strategic and intelligent-driven aimed at unraveling the identities of these perpetrators,” he said .

 

The killing of the woman, who is said to be a resident of Hausa extraction, has elicited criticism in the light of recent attacks across the state by gunmen.

 

Echeng Echeng, Anambra police commissioner, on Tuesday, paid a visit to the Hausa community in the LGA.

 

In his remarks during the visit, Echeng said the police will ensure adequate security for the community.

 

Also reacting to the development in a statement issued on Tuesday, Christian Aburime, spokesman to Chukwuma Soludo, governor of Anambra, condemned the killing, but said it had no religious or ethnic undertones.

 

“While it is true that there is general insecurity across the country, there is no targeted religious or ethnic killings in Anambra State. As a matter of fact, Anambra indigenes have suffered more casualties as a result of the unfortunate killings,” the statement reads.

 

He also said the state is stepping up efforts to tackle insecurity.

 

“It is on record that Ndi Anambra and people of the North and other parts of the country who live and do business in the state, not only share common values, but have always lived at peace with each other in the state,” he said.

 

 “Governor Soludo’s administration has not only demonstrated commitment in tackling insecurity but has continuously reassured both indigenes and non-indigenes in the State of their protection and safety.”

Music News

Don’t be local champions — Camidoh advises artistes

It is a good feeling for musicians to have huge support from their home country but Afrobeats artiste, Camidoh, says that is not enough for an artiste who wants to make it globally.

To Camidoh, Ghanaian musicians should not be content with just their fans in the country but also move from their comfort zone to win more fans outside by touring other countries.

In an interview with Graphic Showbiz, Camidoh said “it is just right that a musician tours different countries, make themselves popular there and win more fans. That is the only way we can be heard beyond Ghana and become global artistes and I am working towards that.”

“I want to be a global icon and as we talk now, I am currently preparing to go to Nigeria and other African counties to make myself and my music popular. We will only be known in Ghana if we don’t make it a deliberate attempt to move out of our comfort zone and make ourselves popular.”

Camidoh noted that he also understands that many don’t have the support, especially on the financial front to help push their crafts beyond Ghana.

He stated that a corporate entity, for example, could team up with some artistes and support them with whatever is needed to go global.

Asked if it was difficult to be consistent as a musician, the Sugarcane hitmaker answered affirmatively and added that it is especially tough for a young musician in the industry.

“If you don’t have people investing and pushing your music out there, how can you be consistent? You will just have the best songs and it just stays with you. How can you be consistent when you play shows and you are not paid?”

“You need money to record new songs, pay for music videos and get your name out there. I am glad I have a team who sees to it that my music career reaches the topmost height. With such a solid team behind you, you are rest assured that you will go places,” he said.

Talking about how Sugarcane became a massive hit, Camidoh said the media helped in pushing the song everywhere.

“While TV and radio were busily pushing the song, TikTok Ghana was also promoting it. In all, I am grateful to Ghanaians for pushing the song. 

“Massive shout out to King Promise, Darkoo and Mayorkun from Nigeria who made the song number one in Nigeria when he featured on the remix. Mayorkun promoted the song for me and that tells how powerful collaborations can be,” he said. 

News

Scientists at KNUST record alarming levels of antibiotics in landfill sites

Researchers at the Kwame Nkrumah University of Science and Technology have recorded alarming levels of antibiotics in soil and water samples at Landfill sites in Kumasi, Ashanti Region.

The article, published in the Journal of Chemistry, revealed that concentrations of commonly used antibiotics such as penicillin in the soil and water at landfill sites are a thousand fold higher than the acceptable limit and thus create a conducive environment for bacteria evolution and antibiotic-resistance.

The scientists are concerned about the potential harm this could pose to the environment.

A Landfill site is an area of land that has been specifically engineered to allow for the deposition of waste.

Landfills are therefore reservoirs for many pharmaceuticals and provide a conducive habitat for antibiotic-resistant organisms.

The study conducted 2 years ago, sought to determine the levels of three commonly used antibiotics, metronidazole (flagyl), penicillin, and amoxicillin in the soil and water of active and abandoned landfill sites in Kumasi. 

They also set out to investigate the occurrence of antibiotic resistance amongst microorganisms found at the sites. 

All three antibiotics were detected in samples from all locations. 

Penicillin levels were much higher in both soil and water samples in comparison to the other antibiotics studied. 

“As high as 120.52 micrograms of penicillin per gram of soil was recorded at one site,” said lead scientist, Dr. Sheringham Borquaye.

Bacteria isolated from the study sites proved to be resistant to some antibiotics, especially ampicillin. 

The scientists attribute the unacceptable levels of antibiotics at the landfills to the irrational disposal of medicines by both households and pharmacies. 

The researchers recommend that steps be taken to regulate the indiscriminate disposal culture for pharmaceuticals to avert any possible public health disaster.

News

Government will act on improper acquisition of public lands, regardless of how it was procured – Lands Minister

Lands Minster, Samuel Abdulai Jinapor has said government is committed to protecting all public lands from unlawful possession by individuals and state officials.

He says government will act on any improper acquisition of public lands, “regardless of how it was procured, whether now or in the past, and the Achimota Forest lands will not be an exception.”

Mr. Jinapor said this in a statement he issued on Tuesday, May 24 over claims that the late former Chief Executive Officer (CEO) of the Forestry Commission, Kwadwo Owusu Afriyie, owns lands at the Achimota Forest and Sakumono Ramsar Site.

Owing to those allegations, the Minister says he has tasked the Forestry and Lands Commissions to take immediate actions over the claims.

He says those alleged lands must be treated as invalid, saying they would not be given to the said relatives, even when they are found to have been legally acquired.

“That said, given the totality of the circumstances of the said allegations, I, as Minister for Lands and Natural Resources, have directed the Lands and Forestry Commissions to deem any ownership of lands, both in the Achimota Forest and the Sakumono Ramsar Site by the late Kwadwo Owusu Afriyie as void and are to take the appropriate actions accordingly.

“For the avoidance of doubt, the bequeathing of the aforesaid lands, if established, will not pass any interest/title to the named beneficiaries in the alleged Will. These lands, the subject matter of the alleged Will, shall remain public lands, whether or not it falls within the de-gazetted lands pursuant to E.I. 144,” the Damongo legislator said.

He added that further checks at the Lands and the Forestry Commissions show no record of ownership of lands at the Achimota Forest or the Sakumono Ramsar Site by the late Sir John.

According to him, preliminary investigations have revealed the alleged Will of Sir John is a subject matter of litigation in the courts.

CSOs protest declassification of Achimota Forest

Civil Society Organisations (CSOs), including the OccupyGhana, have demanded the suspension of the operation of Executive Instrument (E.I.) 144 by government.

In a letter dated May 23, 2022, the CSO said, “We write to demand that you revoke or suspend the operation of the Forests (Cessation of Forest Reserve) Instrument, 2022 (EI 144) and the Forests (Achimota Firewood Plantation Forest Reserve) (Amendment) Instrument, 2022 (EI 154) forthwith.”

OccupyGhana added that “Instead, we demand a full public inquiry under Chapter 23 of the Constitution into the matter of the Achimota Forest Reserve.”

Background

Last week, the President signed an Executive Instrument to declassify the Achimota Forest.

The Instrument gazetted on behalf of President Akufo-Addo by the Lands Minister, Samuel Abdulai Jinapor, stipulated that effective May 1, 2022, the land on which the Forest is located shall cease to be a forest reserve, pursuant to Section 19 of the Forest Act, 1927 (CAP. 157).

The cessation, per that document, was to be effective on May 1, 2022.

However, the Minister of Lands and Natural Resources, Samuel Abu Jinapor, has said the government is not selling the land.

According to him, plans are rather afoot to upgrade the Achimota Forest into a world-class asset.

Addressing the press on Tuesday, May 17, the sector Minister emphasised that widespread reports about the supposed sale of the Forest are false and baseless, as government has no such plans.

“The government intends to enrich the Achimota forest, revamp it and hopefully, in the not too distant future, transform it into the likes of High Park of London and Central Park of New York, where Ghanaians can go and enjoy the beauty of nature and forest reserve as it happens in other parts of the world”.

News

Old Mutual celebrates 177th anniversary globally; 10 years in Ghana

Old Mutual Group, a pan-African investment, savings, insurance, and banking group, is celebrating its 177 years of operation globally with the Ghanaian unit also marking its 10th anniversary.

The Ghana unit, which provides insurance and pensions services, has been at the forefront of some of the most innovative insurance and pensions products and services in the country while showing the way when it comes to diversity in the workplace and leveraging technology for business growth.

Chief Executive Officer of Old Mutual Ghana, Tavona Biza, said having operated in Africa for over 176 years, the Old Mutual brand has made a mark as an outstanding and caring brand strongly known for its integrity, sound corporate governance and its contribution towards Africa’s socio-economic development. 

“Old Mutual Ghana provides life insurance and pensions solutions to its customers. We offer the best life insurance packages for corporate organizations and help individuals achieve their lifetime financial goals. Old Mutual Ghana is currently made up of Old Mutual Life Assurance Company Limited and Old Mutual Pensions Trust Company Limited,” he added.

Touching on the company’s achievements and technological advances in Ghana over the past 10 years, Mr. Biza said; “Old Mutual has a strong customer-led approach to our technology strategy. We have made investments in embedding security, ensuring our systems are always on, the simplification and modernization of our technology, ensuring our skills keep pace with the rapidly changing technology landscape and striving for a culture of innovation.”

He added that the company has also introduced a number of revolutionary products and services into the market, chief amongst them is the Old Mutual Retirement Salary Plan, which is designed to provide a steady cash flow – a retirement salary – for people during their retirement years and to alleviate the fears of outliving their savings. “We stand as the first insurance company to bring out this product,” Mr. Biza stated proudly.

Old Mutual Ghana, he added, as part of its digital strategies to be an innovative business, launched an automated WhatsApp chatbot to handle all customer queries and enquiries.

Diversity and inclusion

With 450 staff across nine locations in the country, Mr. Biza touched on the company’s diverse and inclusive structure which has led to 70 percent of its leadership being women, which is higher than corporate Ghana’s average.  

“We will continue to drive diversity and inclusion, innovate around product and customer solutions, attract and retain best talents in the market, impacting the Ghanaian market through financial education programmes and investing in technology,” he said as he nods towards a brighter future for the business.

Marking the historic milestone

Rita Adu Boateng, Customer Experience & Marketing Executive at Old Mutual Ghana explained that Old Mutual Ghana, as part of the celebrations in Ghana, will be interacting with the media to share the brand’s rich heritage and experience in the financial service space; embark on a comprehensive financial education in some selected senior high schools, donate items to students after the financial education programme and top it all off with an interactive session with employees on the brand’s 177 years.

Financial Education

Old Mutual ‘On The Money’ is a Financial Education programme which encourages people to change their financial behaviour and to understand money-related issues and new skills to help maintain positive financial behaviour. With its well-run digital campaign, the financial education programme has reached over 300,000 persons on Facebook, Instagram, Twitter and LinkedIn.

The campaign led to Old Mutual winning the Best Marketing Campaign of the Year at the 4th Ghana Insurance Awards.

Social investment during COVID-19

Old Mutual, during the most difficult period of the COVID-19 pandemic, has been very active in supporting communities and institutions at the frontline. The company donated GH¢150,000 worth of surgical gloves and nose masks to three hospitals in Accra and Kumasi.

“We distributed 1,750 branded nose masks in some parts of Accra (Dansoman, Kaneshie First light, Korle Bu junction, Osu Oxford, Gold House runabout and Accra mall) and customers who visit any of our branches

We partnered with Vine Christian High on their online E-Learning platform during this COVID-19 pandemic for all customers (for Grade 7 & 8 / JHS1 / 2 students) and rewarded the best five students with cash prizes and branded Old Mutual souvenirs. GH¢1,200 Education policy was given to the overall best performing student,” Ms. Boateng added.

As a digitally inclined brand, Old Mutual was and continues to be very active with social media campaign on how to keep financial stability and impact in the COVID-19 pandemic. “Covid saw an introduction of our hybrid system where employees both work from home and the office intermittently. The introduction of the telesales unit which helped in reaching customers through sales during the lockdown period,” she added.

Old Mutual Ghana

Old Mutual Ghana is Ghana’s top 10 leading financial institution with an innovative record in offering the best in insurance services to its clients. Founded in South Africa, Old Mutual has been consistent in championing mutually positive futures by offering excellent financial services to a wide range of customers across the African continent.

The company established a branch in Ghana in 2013. It operates with skilled knowledge of the Ghanaian market backed by the expertise of an international brand. In Ghana, the company is currently made up of Old Mutual Life Assurance Company Limited and Old Mutual Pensions Trust.

News

How to make money from Forex in Ghana

If you’re in Ghana, and are looking to earn passive income through an online source, trading the forex markets is a viable tool to enable you to make money online.

Forex Trading, also known as FX trading or more commonly, currency trading, refers to the buying and selling of international currency pairs. As with any trading activity, the aim of Forex trading is also to make a profit, mainly by exchanging one currency for another with the expectation that the prices will alter in favour of one against the other. 

Currently, the fastest growing sector of the online FX market comprises individuals. Other major sectors include Securities dealers and large commercial banks (collectively referred to as the interbank market), smaller banks, hedge funds, and multinational corporations. 

Unlike other financial or capital markets, the forex market does not need a physical location to operate from, but rather via an electronic network of corporations, banks and individuals engaged in trading one currency for another. This makes it possible and convenient for forex markets to operate 24 hours a-day, five day a week across different time zones and financial centres. What makes this possible is the overlap in trading times of major sessions; hence the best way to make money online, working from home. 

The factors that contribute to the Forex market being the largest include the facts that it’s the most liquid market; has easy round-the-clock access; and low cost to partake and invest in. In addition, you can exit even more quickly when you take a plunge, and experience set-backs, which are occurrences that come with every trade.  

Below are pointers to help you earn money online from home in Ghana:

  1. Find the right Forex Broker

The importance of trading with a most trusted and reliable forex broker cannot be overemphasized. As you set out to earn money online through forex trading, look for a broker who is licensed and regulated in multiple jurisdictions, and offer good customer support.

You should also find a broker who follows the rules of the industry, and has a track record of good trading practices. It’s important to ensure that your broker complies with the regulatory framework intended to preserve the integrity of the forex market. It’ll also be in your advantage to find a broker that offers competitive super-tight spreads like Geldex.

How to make money from Forex in Ghana

Geldex Invest is licensed and regulated by the most leading financial regulatory authorities for international brokerage firms. Geldex also has the technology to ensure up-to-date platforms and market integration systems for clients, as well as strong order execution; ultra-low latency and minimal slippage courtesy of our customized, built-for-purpose advanced technology and dedicated servers. Additional features that make Geldex the best are:

  • Autonomous physical presence in Ghana
  • Easy Account Opening and Verification Procedure
  • Funding In Local Currency (GH¢)
  • Deposits And Withdrawals Through Mobile Money & Local Banks
  • Negative Balance Protection
  • Exceptional Customer Support (You’re Assigned a Personal Account Manager)
  • Great Promotions and Bonuses for You

2. Learn the basics of Forex Trading & Understand the Market

Like any money-making venture there is, the Forex market has its own unique characteristics, and it is essential to learn the basics of the trade. For Forex trading, this ranges from acquiring knowledge of the operative terminologies to familiarizing yourself with the geo-political and economic factors affecting the currencies you choose to trade online in. In order to earn money from forex trading, the following are a few of the terminologies, you need to enhance your knowledge of:

  • Currency Pairs: It’s important to note that currencies are always traded in pairs (e.g., EUR/USD; GBP/JPY; EUR/AUD; NZD/JPY, etc.), and are further categorised into 3 major types- Major Pairs, Minor Pairs, and Exotic Pairs. The EUR/USD remains one of the most traded pairs in the forex markets, and for beginners, we highly recommend that you trade in major currency pairs which hold higher liquidity and narrower spreads such as the USD and the EUR. In effect, narrow or tight spreads translate into limited loss exposure for you.
  • PIP (Percentage in Point): This refers to the smallest unit of currency price movement. If you take a good look, you’ll realise currency pairs are always quoted with 4 decimal places. A pip is thus equal to 0.0001. In some rare cases, like with the USD/JPY pair, however, a pip is equal to 0.01
  • Base Currency and Quote Currency: The currency featured on the left side of the currency pair is the base currency, whereas the quote or counter currency is featured on the right side of the currency pair. Hence, in our EUR/USD example, the EUR is the base currency, while the USD is the Quote currency.
  • Bid and Ask Price: The Bid price is the buying price of a base currency, while the Ask price is the price for selling the Base currency. In practical terms, it is the price at which a Forex Trader wants to sell a currency pair for, and an Ask price is the price at which a Forex Trader will buy a currency pair at. Example EURUSD BID: 1.1500 ASK: 1.1502 The Bid price is always lower than the Ask price
  • Spread: This simply refers to the difference between the Bid and Ask price. When you buy a currency pair, you’re in practical terms, buying the base currency and selling the counter/quote currency. The reverse applies when you sell a currency pair. Put more simply, the difference between the amount you need when buying a specific currency, and the amount you receive when selling it, is what is known as the spread.
  • Lots: Trading currencies takes place in Lots, with there being 3 types of lot sizes, based on the units; Micro Lot (1,000 units), Mini Lot (10,000 units), and Standard Lot (100,000units).
  • Fundamental and Technical Analysis: the skill to read and analyse the market, is a critical aspect of earning money online by trading the forex market. Whereas fundamental analysis refers to being in touch with the news and updates of the economies whose currencies you’re trading in to determine the likely impact of a particular situation on a currency’s value, technical analysis refers to your ability to read and interpret charts of pricing trends, to enable you make educated or informed speculations about the currency price movements. Geldex helps you in this aspect as well, by providing you with market analysis from our team of market experts.

Education resources are particularly important for beginners. If you’re new to trading, you’ll find very helpful material on our website. As you grow as a forex trader, you’ll find certain tools that will become part of your daily journey include fundamental analysis, trading strategies and risk management.

In addition to the above, studying the forex market should always be work in progress, and one needs to be prepared to adapt to changing market conditions and major world occurrences. It’s also important to develop a robust trading plan to help you assess your options based on your investment objectives and risk tolerance.

To learn more about Forex Trading, please go to the Educational Academy on our website www.geldexinvest.com . The end goal of our Forex Institute is to enhance your knowledge of forex trading and how the forex market works, helping you hone your trading style and developing a trading strategy that best suits you.

3. Practice on a Demo Account

Most major credible trading platforms will offer you the opportunity to practice on a demo account, without actually spending money. It’s always a good idea to take advantage of such a platform, so you don’t lose money incessantly while you’re on the learning curve. This enables you to learn from your mistakes, so you don’t repeat them on a live account. Geldex offers you the opportunity to practice what you’re learning from our forex Institute on a demo account specially designed to give you a live account experience.

4. Become an IB/Partner with Geldex

When you sign up as an Introducing Broker or partner with Geldex, you can earn high rebates or commissions. As you grow the number of traders you refer to our platform, the commission you earn also increases.

If you’re an existing trader with Geldex Invest, you can add a passive income stream to your earnings this way.

In conclusion, when it comes to earning money trading forex online in Ghana, whether you are an experienced trader or a completely new entrant, the critical factors to help you achieve financial success are: finding the best possible Forex broker, educating yourself, proof-testing a strategy that suits you, and robust risk management practices.

As an investor, you should remember your place in the forex market, and on the learning curve; approaching forex trading with level-headedness and a practical mindset. The forex markets can move unexpected ways, and one strategy you can adopt is to start small, learn as you go, and gradually gain the momentum to earn huge profits online.

News

Sir John trends on social media; here is what Twitter is saying

The name of late former Chief Executive Officer (CEO) of the Forestry Commission, Kwadwo Owusu Afriyie, a.k.a, Sir John, is trending on social media.

He is alleged to have willed portions of the Achimota Forest to individuals believed to be his relatives.

A photograph of a particular page of the will, which has been widely circulated on social media, has sparked huge public criticism of Ghanaian politicians. Some people are alleging that the reason for government declassifying part of the Forest as a reserve is to legalise such allocations.

Although the Lands Ministry has launched a probe into the claims, many Twitter users have shared their views on the matter.

Below are some reactions:

News

Why National Assembly frowns on corruption –Senate President, Lawan

 

The President of the Senate, Ahmad Lawan, has assured the judiciary that the National Assembly is determined to provide any possible support to enable it to discharge its mandate and tackle corruption in Nigeria.

 

This is as he also said that the National Assembly had been at the forefront in the fight against corruption in the country, adding that the 9th Senate particularly frowns at corruption.

 

Lawan stated these at a capacity-building workshop for Judges and Justices which was organised by the Economic and Financial Crimes Commission in collaboration with the National Judicial Institute in Abuja on Monday.

 

“We are determined in the National Assembly, even though we have only one year to go, to give you any possible support to ensure that you have the wherewithal to discharge your mandate,” Lawan told a gathering of judges and justices.

 

The Senate President told the judicial officers with emphasis that “we are determined as an Assembly to work with the Judicial arm of government just like we are working with the executive arm of government.

 

“What we need is a collaboration that will make the judicial arm of government stand on its feet. The resources so far given to this arm of government cannot be said to be sufficient but I believe that we can do better.

 

“I want a situation where in 2023, even before then, if the opportunity arises, that we make resources available to the judicial arm of government especially those courts that need the kind of support for them to prosecute those offenders who have taken our money.”

 

Lawan said the National Assembly, had been at the forefront in the fight against corruption in the country.

 

“This is because the laws have to be made before they are implemented or actualised by our anti-corruption agencies. So we are fully and completely involved in the fight against corruption in our country.

 

“And the ninth National Assembly particularly distinguishes itself by being anti-corruption. Recently, we passed two very important bills and I’m happy that Mr President signed them into law – The Money Laundering Prevention and Prohibition Act and the Proceeds of Crimes, Prevention and Prohibition Act.

 

“We are determined in the National Assembly, even though we have only one year to go, let me assure the Judicial arm of government, that we are determined to give you any possible support to ensure that you have the wherewithal to discharge your mandate.

 

 “I’m taking the opportunity here to charge the Attorney General of the Federation that, let make 2023 appropriation, a year for the judiciary in Nigeria to always remember.

 

“I want to make this promise here that we are going to make your budget better than 2022 and probably better than at any other time in 2023.

 

“One thing is clear if we are talking about the judiciary dynamism, the judiciary must have the resources to be that independent and efficient and effective.

 

“Without resources, no matter how hard we try, we cannot be at the best that we want to be. So it’s about getting more resources and using them judiciously and I’m sure that that is not the problem. The problem is, let’s have the resources and I’m giving you that promise.

 

“Taking those involved in financial crimes to the courts and prosecuting them and maybe jailing them is supposed to be the last resort.

 

“We need to do more in the areas of fighting against the causes of corruption. I will commend the EFCC especially the chairman for having a record of prosecution of over 2000 last year and already as you will even have a better outcome or result for 2022.

 

“But I believe there are causes of corruption in Nigeria and those of us in the legislature and the executive arm of government are supposed to do a lot more to ensure that people don’t find it easy to be corrupt.”

Entertainment News

Progress wins Nigerian Idol season 7

 

After weeks of watching the top 12 contestants sing their hearts out on the live shows to earn fan votes, the Nigerian Idol competition has ended with Progress taking home the title of ‘Nigerian Idol’, 2022.

 

Among other things, Progress is taking home the cash prize of N30 million, a brand new SUV, a Bigi branded refrigerator and a year’s supply of Bigi drinks.

He will also get to record an EP and a music video, a weekend getaway from TravelBeta, and a DStv Explora fully installed with a 12 months premium subscription.

 

The evening kicked off with a joint performance from the host, judges, and the to 12 idols.

Zadok performed Whitney Houston’s hit song, ‘I Wanna Dance With Somebody’ next to a rousing audience. This was followed by D’Banj’s performance, a medley of some of his latest songs.

 

Progress’s electrifying delivery of Ariana Grande’s ‘Bang Bang’ came next, followed by Simi, who performed her hit single, ‘Duduke’.

 

The evicted 10 of the top 12 again mounted the stage with Season 6 winner, Kingdom Kroseide to perform his new song ‘Father’s Got It All’.

 

Pheelz performed next the trending song, ‘Finesse’.

 

The battling duo next performed a song with D’Banj and written by D’Banj, who said he wrote the song at a trying time in his life and he wanted the two Idols to tap into that prayer. The song is titled ‘I Got My Answer’.

 

News

Spain heatwave brings record May temperatures

Parts of Spain are experiencing their hottest May ever with temperatures of more than 40C in some places, according to the state weather agency, AEMET.

The agency issued heat warnings in 10 regions for Saturday, saying it could be “one of the most intense” heatwaves in years.

The city of Jaén in southern Spain recorded its highest ever May temperature of 40C on Friday.

Climate change is making heatwaves more frequent and more intense.

Spain’s unseasonably warm spring weather is a result of hot air coming from North Africa, causing temperatures to rise by up to 15C above average for this time of year.

A man cools down with a drink of water at Ronda's Monumento al Toro
Image caption,Residents have been urged to drink plenty of water

The worst-hit regions are Andalusia in the south, Extremadura in the south-west, Madrid and Castilla La Mancha in the centre and Aragon in the north-east.

Spain’s health ministry urged residents to drink plenty of water and to stay in cool places when possible. It also advised people to reduce physical activity.

“This year it seems to have gone directly to summer, but we have to keep going,” Madrid road sweeper Rocio Vazquez, 58, told Reuters news agency.

Tourists in Madrid shelter from the heat
Image caption,The heat has affected some of Spain’s popular tourist destinations

Tourists were also feeling the heat.

“I was expecting a little bit cooler, fresher weather,” Eric Solis, 32, told Agence France-Presse during a trip to Madrid from the US. It is “not too convenient for tourists”, he added.

Overnight temperatures have also been unusually high, remaining above 25C in several areas on Friday night. In Jaén, the minimum temperature of 25.9C was the highest ever recorded in mainland Spain.

A man cools off in a fountain during hot weather in Cordoba

Scientists say that heatwaves are likely to become more frequent and more intense around the world, as global temperatures rise. Their impact is also likely to be more widespread.

News

Akufo-Addo cuts sod for University of Engineering And Agricultural Science at Bunso

President Akufo-Addo, on Friday, cut a sod for the commencement of the construction of the University of Engineering and Agricultural Sciences (UEAS), at Bunso, in the Eastern Region.

The project costing $90 million is funded by the Export-Import Bank of Korea and the Economic Development Cooperation Fund (EDCF) of the Republic of Korea and is expected to be completed in two years.

Upon completion, UEAS will be the second public University in the Eastern Region, with the first being the University of Environment and Sustainable Development at Somanya.

Speaking at a durbar of chiefs and people before the groundbreaking ceremony at Bunso, Nana Akufo-Addo, thanked the Korean Government for its support of the development of the country and assured them of Ghana’s determination to deepen and expand the bonds of friendship between the two countries.                                                   

Akufo-Addo cuts sod for University of Engineering And Agricultural Science at Bunso

The President said the current state of affairs in the world hinges largely on science and technology towards the management and conservation of natural resources in the form of energy, industry, agriculture, medicine and health, clean air and water, transportation and sanitation etc.                 

“So, it is obvious that to be a part of this modern world, there must be science and technology elements at all levels of the development process. This means that a country’s development depends on its ability to understand, adapt, produce and commercialise scientific and technological knowledge in ways appropriate to its culture, aspirations and level of development,” he added.                                                                   

He explained that that will help shape the fulfilment of the national dream, which was to meet basic challenges of survival like providing food, shelter, clothing, health and security for the people, and creating the wealth that would guarantee the prosperity of the present and future generations.

“The establishment of this University is also part of the Government’s response to the current national preoccupation with food security. The University will provide leadership in teaching, research and public outreach across several fields, and will help address problems that affect our food security, and enhance future competitiveness of Ghana’s industries in a sustainable manner,” he said.

The President recounted the introduction and implementation of various programmes and initiatives during the past five years all geared toward increasing access to Science, Technology, Engineering and Mathematics (STEM) education with the goal being to ensure a target of a 60:40 science-humanities ratio, and also educate a critical mass of the Ghanaian population for science-related jobs, which will define their future employability.

He announced that the nation’s Gross Tertiary Enrolment Ratio (GTER) which was 18.8 per cent as of 2021 had increased significantly to 20 per cent this year and he pledged to work very hard to ensure that the nation made many gains in that direction.

TVET record

Nana Akufo-Addo said “I am, thus, happy to note that this year’s enrolment of TVET students in Senior High Schools has reached record levels – forty-four thousand (44,000) students, representing a one hundred per cent increase over the 2021 enrolment figure.

The Korean Ambassador to Ghana, Lim Jung-Taek, lauded the President for the effort he was making toward the transformation of the nation’s economy through education.

He pledged to continue supporting the development of the country to improve the standard of living of the people through improvement in infrastructure development in the country.

The Okyenhene, Osagyefo Amoatia Ofori Panin, thanked the government for the project which would go a long way to bring development to the people in the area and the rest of the country.

Background

The President during the presentation of the State of the Nation address in Parliament on 30th March 2022, hinted at plans and steps being taken to turn the Bunso campus of the University of Environment and Sustainable Development into a fully-fledged independent University dedicated to the study of Engineering.

It was based on the promise made to the nation that he proceeded to cut the sod for the commencement of work for the new university expected to be completed within 24-months.

News

Akufo-Addo cuts sod for University of Engineering And Agricultural Science at Bunso

President Akufo-Addo, on Friday, cut a sod for the commencement of the construction of the University of Engineering and Agricultural Sciences (UEAS), at Bunso, in the Eastern Region.

The project costing $90 million is funded by the Export-Import Bank of Korea and the Economic Development Cooperation Fund (EDCF) of the Republic of Korea and is expected to be completed in two years.

Upon completion, UEAS will be the second public University in the Eastern Region, with the first being the University of Environment and Sustainable Development at Somanya.

Speaking at a durbar of chiefs and people before the groundbreaking ceremony at Bunso, Nana Akufo-Addo, thanked the Korean Government for its support of the development of the country and assured them of Ghana’s determination to deepen and expand the bonds of friendship between the two countries.                                                   

Akufo-Addo cuts sod for University of Engineering And Agricultural Science at Bunso

The President said the current state of affairs in the world hinges largely on science and technology towards the management and conservation of natural resources in the form of energy, industry, agriculture, medicine and health, clean air and water, transportation and sanitation etc.                 

“So, it is obvious that to be a part of this modern world, there must be science and technology elements at all levels of the development process. This means that a country’s development depends on its ability to understand, adapt, produce and commercialise scientific and technological knowledge in ways appropriate to its culture, aspirations and level of development,” he added.                                                                   

He explained that that will help shape the fulfilment of the national dream, which was to meet basic challenges of survival like providing food, shelter, clothing, health and security for the people, and creating the wealth that would guarantee the prosperity of the present and future generations.

“The establishment of this University is also part of the Government’s response to the current national preoccupation with food security. The University will provide leadership in teaching, research and public outreach across several fields, and will help address problems that affect our food security, and enhance future competitiveness of Ghana’s industries in a sustainable manner,” he said.

The President recounted the introduction and implementation of various programmes and initiatives during the past five years all geared toward increasing access to Science, Technology, Engineering and Mathematics (STEM) education with the goal being to ensure a target of a 60:40 science-humanities ratio, and also educate a critical mass of the Ghanaian population for science-related jobs, which will define their future employability.

He announced that the nation’s Gross Tertiary Enrolment Ratio (GTER) which was 18.8 per cent as of 2021 had increased significantly to 20 per cent this year and he pledged to work very hard to ensure that the nation made many gains in that direction.

TVET record

Nana Akufo-Addo said “I am, thus, happy to note that this year’s enrolment of TVET students in Senior High Schools has reached record levels – forty-four thousand (44,000) students, representing a one hundred per cent increase over the 2021 enrolment figure.

The Korean Ambassador to Ghana, Lim Jung-Taek, lauded the President for the effort he was making toward the transformation of the nation’s economy through education.

He pledged to continue supporting the development of the country to improve the standard of living of the people through improvement in infrastructure development in the country.

The Okyenhene, Osagyefo Amoatia Ofori Panin, thanked the government for the project which would go a long way to bring development to the people in the area and the rest of the country.

Background

The President during the presentation of the State of the Nation address in Parliament on 30th March 2022, hinted at plans and steps being taken to turn the Bunso campus of the University of Environment and Sustainable Development into a fully-fledged independent University dedicated to the study of Engineering.

It was based on the promise made to the nation that he proceeded to cut the sod for the commencement of work for the new university expected to be completed within 24-months.

Music News

A Plus and Feli Nuna trade insults over boyfriend’s role in her career

Two socialites have engaged in a heated argument over the role of a partner in a musician’s career.

Musicians A-Plus and Feli Nuna were among a panel discussing issues regarding the showbiz industry.

During the deliberation, the Off Da Ground signee was quizzed on whether her boyfriend invests in her career to which she responded in the negative.

A Plus, particularly, was among those who did not support Feli’s revelation about her significant other.

“Your boyfriend is rich but does not work in showbiz. So you’re going to look for someone to invest while your boyfriend hides his?” he quizzed on Saturday.

But Feli Nuna responded on Accra-based UTV saying; “Does what you’re saying make sense?”

She insisted that their relationship was strictly personal and had nothing to do with her showbiz interests for which reason he needs not invest in her craft.

However, the answer did not seem to go down well with the controversial socialite.

A Plus and Feli Nuna trade insults over boyfriend's role in her career
Musician Feli Nuna

“You have a rich boyfriend who is not willing to invest in your music. You went to someone else for money and the person suggested that he likes you and you get angry. Let me tell you what doesn’t make sense, it is that boyfriend you’re moving with. He is very f*#king boy,” he said.

This sent the whole panel into another frenzy and prompted the host to call for cool heads to prevail.

In response, Feli Nuna, who is currently promoting his new single ‘Towel’, indicated that she will refrain from hurling insults at A Plus’ wife because of the respect she has for him.

“I like your wife and I won’t stoop to your level to insult your partner,” she told him.

She added that her boyfriend even sponsored the shooting of one of her music videos at some point in her career.

“He is a proud poet and research scientist. He is bright and more intelligent than you. He supports me as a woman and a girlfriend but my job as a musician has nothing to do with him,” she added.

The others were artiste manager, Bulldog, pundit Mr Logic and Samuel Atuobi Baah.

For this reason, Feli Nuna been trending on Twitter.

Meanwhile, the head of her record label, Fuse ODG has reacted to the development.

According to him, the panel “has displayed how dangerous the creative industry space is for women in Ghana.”

“A man should have the right to want to have sex with the woman if the woman needs their investment? Proud of Feli for standing up & #IStandWithFeli” he tweeted on Sunday.

News

Fundamentalists now use blasphemy as excuse to kill Christians – CAN

 

The Christian Association of Nigeria (CAN), Kaduna State chapter has expressed concern that allegations of blasphemy have now become the new excuse by fundamentalists in Northern Nigeria to kill the remnant that bandits and terrorists have not yet killed.

 

Rev. John Joseph Hayab, state CAN chairman, while reacting to alleged blasphemy against a Christian in Bauchi State in a statement, said, “Allegations of blasphemy have now become the new excuse by fundamentalists in Northern Nigeria to kill the remnant that bandits and Terrorists have not yet killed.”

 

He asked, “How can you justify the period of what happened in Sokoto, the allegation in Borno, the fake allegation on Babachir Lawal by one northern actor who we have on record how he made blasphemous remarks about Jesus Christ but quickly went and brought it down on the internet to cover himself before coming out to falsely accused Babachir Lawal the former SGF and today we are seeing another carnage in Bauchi under the excuse of blasphemy.”

 

The CAN state chairman stated that Christians now know and have evidence of how some of these allegations of blasphemy are false and just for blackmail or settling scores with passive enemies or well-mannered young girls who have refused sexual advances by the opposite sex from another religion.

 

“We are also aware of how fanatics have in the past raised lies in the name of blasphemy,” he asserted.

 

He added that CAN wonder if the recent sermons they are getting from some Islamic clerics on what the Holy Quran says about what should be done if anyone is accused of blasphemy is unpopular amongst followers?

 

Rev. John Joseph Hayab said that the challenge now is for Government authorities and security agencies to act fast to address this abuse of the constitution before it leads to a more serious conflict that can not be handled.

 

He explained that the Nigeria Christians especially those of Northern extraction have for ages exhibited tolerance despite many provocations and lack of reciprocation of their love and friendship, regretting that these new tactics for killing their people from any and every accusation of blasphemy are unacceptable to CAN and all Christian faithful.

 

“We will not accept this brutal way of murder and inhuman treatment of our followers to continue,” he said..

 

He said that government and security agencies should come out to enforce the law on every murderer hiding under religion.

 

Rev. Hayab appealed to Christian leaders and parents to guide their children to resist any ungodly provocation that would make them says things that bloodthirsty fundamentalist can easily use to kill them.

 

CAN, therefore, appealed to religious leaders from both religious divides to intensify teachings about the evil of taking the laws into one hand and killing another person for whatever reason.

 

He advised that alleged offenders should be reported to security agencies or taken to any competent court of law for judiciary pronouncement.

 

“Nigeria is not a banana republic but a nation we believe should be governed by the rule of law,” he opined.

Entertainment Music News

Our industry will not survive for long if there is no system to discover and maintain new talents – Isaac Quarcoo

Ghana has for a very long time been one of the toughest countries in the forefront of entertainment in Africa.

It’s not a hidden fact that most of the Afro beat we so much hail in the world today, have deep roots within our highlife genre which stands out as one of the oldest music genre’s on the continent.

Discussions over the last 2 years around discovery of new artists and maintaining them to keep the country’s entertainment in shape has intensified.

Ghanaian song writer, Isaac Quarcoo has lent his voice to the ongoing discussions.

According to the song writer and CEO of Techpreneurs Union of Ghana, “Gone are the days when we were the icing on the cake, when our artists tour the globe and other African countries with songs in our local dialect. The last batch of these world rockers were Obrafour’s, the Tiny’s and the Samini’s.

“Now, don’t get me wrong, Sarkodie , Stonebwoy, Kofi Kinaata , Shattawale and the other big shots currently are also very old in the industry and are doing marvelous. My problem is which batch again takes over from this group and how safe are the keys that are being handed over.”

“Remember, this our lack of future-thought took the entertainment wave to Nigeria. Many of our top guys became very selfish and wanted to be alone at the top but are nowhere to be found unfortunately today and very few people remember their contributions to the industry. I am not too old but I have learnt a great lesson that, the more teach, the more you know therefore how prepared are the mindsets of our musicians to face a fast expanding Nigerian and African music industry?”

He concluded that, “I know people like Richie Mensah have returned to use their experience to build the industry and must be commended for that effort, his record label is really doing well but there must be a plan, some crazy master plan to takeover strategically.

“And when it gets there we have to really apply wisdom because other countries are watching our every move. It’s also very keen that every industry player is brought on this agenda, if that can be achieved, I believe it will only be a matter of time.”

News Politics

2023: Other aspirants say I’m best man for Presidency -Saraki

 

Former Senate President and presidential aspirant of the Peoples Democratic Party, Dr. Bukola Saraki, on Thursday, said other aspirants have admitted to his ingenuity in solving Nigeria’s challenges.

 

Saraki made this disclosure in Gombe while canvassing for the votes of PDP delegates in the coming presidential primary.

 

He said, “Today, I am here to urge my brothers, my sisters and my leaders to support me. Let us not vote with sentiments.

 

“If you ask all the aspirants who can make Nigeria better, who can create jobs, who can put an end to insecurity and who has the capacity, even all the aspirants will tell you Saraki is very intelligent, Saraki is very agile and Saraki is very dynamic. So if it is so, give it to him now but I know that we will get there, and as we go we will partner together.

 

“I have been in politics as Governor for eight years and Senate President for four years. I know how politics works, I know how Government works and I know how business works.”

 

He said that as Senate President for four years, he has the record as the best Senate President in the history of Nigeria, adding that “we stood by Nigeria despite all the persecution, carrying me to court every day. Insha Allahu in 2023 PDP will form the government that will bring jobs for you and include our women in government.”

 

According to him, Nigeria deserves the right leader that would unite the country and bring the people together stressing that the country has never been disunited as this.

 

Saraki said after seven years of All Progressive Congress in power, he believes Nigeria has known better and would certainly make the right choice by voting for PDP in 2023.

 

“I believe that Nigerians know better, I believe that Nigerians are committed. Having done so many years in government, the level of unemployment now we have never seen in the history of this country. When PDP was in power, the unemployment rate was 10 per cent.

 

 “It has gone now to about 33 per cent. Nigeria is now the capital of poverty, capital of kidnapping, most students are now out of school. Nigerians have seen all these and based on that Nigerians are ready to say no more of these we want PDP back,” he said.

 

He however promised to confront the security challenges bedevilling the country, noting, “the security situation has convinced Nigerians that APC is a misfit, and are now saying ‘no way for them again.”

 

He vowed to prioritise and make basic education and job creation and opportunities compulsory.

 

“Nigerians now know better having gone through joblessness and hunger,” he added.

 

On his part, the party chairman, Maj. Gen. Amnon Kwaskebe (retd.), commended Saraki for aspiring for the number one job, adding that he is a worthy aspirant.