Friday, 20th May, 2022

Page 2
Female presenters - faces uncovered - have
become common on screen in recent years
The Taliban have ordered
female Afghan TV
presenters and other
women on screen to
cover their faces while
on air.
Media outlets were told of the
decree on Wednesday, a religious
police spokesman told BBC
Pashto.
The ruling comes two weeks
after all women were ordered to
wear a face veil in public, or risk
punishment.
Restrictions are being tightened
on women - they are banned
from travelling without a male
guardian and secondary schools
are shut for girls.
One female Afghan journalist
working for a local TV station in
Kabul, who did not want to be
named, said she'd been shocked
to hear the latest news.
"They are putting indirect
pressure on us to stop us presenting
on TV," she told the BBC.
"How can I read the news
with my mouth covered? I don't
McDonald's has
found a local buyer
for its Russian
business, after the
war in Ukraine
pushed it to quit the country.
Alexander Govor, who currently
operates 25 McDonald's
restaurants in Siberia, will take
on the firm's restaurants and
staff, operating them under a new
brand, the fast food giant said.
It did not disclose the sale
price, but has warned investors it
would take a more than $1bn hit
from the exit.
McDonald's had operated in
Russia for more than 30 years.
The opening of its first restaurant
in Moscow in 1990 came to
symbolise a thaw in Cold War
tensions.
A year later, the Soviet Union
collapsed and Russia opened
up its economy to companies
from the West. More than three
decades later, however, it is one of
a growing number of corporations
pulling out as the war in Ukraine
and Western sanctions make it
difficult to operate.
McDonald's, which had nearly
850 restaurants in the country,
most of them directly owned,
said it expected the deal, which is
subject to regulatory approval, to
close in coming weeks.
Mr Govor has been a licensee
of McDonald's since 2015. He is
also co-founder of Neftekhimser-
know what to do now - I must
work, I am the breadwinner of
my family."The new decree will
take effect from 21 May, Reuters
news agency reported, quoting
a spokesman for the Taliban's
Ministry for the Prevention of
Vice and Promotion of Virtue.
Media caption,
(From August 2021) Female
presenters return on Afghanistan's
Tolo News, with one
interviewing the Taliban
The spokesman referred to
the ruling as "advice" - it is not
clear what will happen to anyone
who fails to comply.
"Based on information
received by Tolo news, the order
has been issued to all media outlets
in Afghanistan," the news
channel reported.
The decision is being widely
criticised on Twitter, with many
calling it another step by the
Taliban to promote extremism.
"The world deploys masks to
protect people from Covid. The
Taliban deploys masks to protect
Russian McDonald's buyer
to rebrand restaurants
vice, a refining company, and a
board member of another firm
that owns the Park Inn hotel and
private clinics in Siberia.
Russia's Industry and Trade
Minister Denis Manturov said the
deal was the result of a "long and
difficult" negotiation process and
the government would provide
Mr Govor with all the necessary
assistance to set up operations.
The terms provide for Mc-
Donald's 62,000 staff in Russia
to be retained for at least two
years, with their existing pay and
Mr Govor will pay the salaries of
corporate staff in Russia until the
deal is completed.
McDonald's will retain its
trademark in the country, it said,
while the restaurants will be
stripped of their menu, logo and
other branding.
Announcing plans for the sale
earlier this week, chief executive
Chris Kempczinski called the
decision "extremely difficult".
"However, we have a commitment
to our global community
and must remain steadfast in our
values. And our commitment to
our values means that we can no
longer keep the arches shining
there," he said.
McDonald's suspended operations
at the restaurants it owned
in Russia in March, citing the
"humanitarian crisis" and "unpredictable
operating environment"
caused by the Ukraine war.
DAILY ANALYST Friday, 20th May, 2022
people from seeing the faces of
women journalists. For the Taliban,
women are a disease," one
activist tweeted.
The private Shamshad news
channel posted a photo of its
news presenter wearing a mask,
and other similar images are
being shared on social media.
During their first stint in
power in the 1990s the Taliban
forced women to wear the all-encompassing
burka in public.
The hardline Islamist movement
was driven from power by
US-led troops in 2001, after which
many restrictions eased. Women
appearing on television showing
their faces became a common
sight.
After retaking power last
August, following the withdrawal
of foreign forces, the Taliban
had held off issuing new laws on
what women should wear.
This raised hopes they would
govern Afghanistan, a deeply conservative
and patriarchal country,
more flexibly this time.
Many women still wore the
burka, but in bigger cities it was
also common to see women continuing
to wear headscarves.
However in early May the
Ministry for the Prevention of
Vice and Promotion of Virtue
announced that all women would
have to cover their face in public,
and indicated that a burka would
be the ideal garment to achieve
this
Ȧnyone refusing to comply
The move drew outrage among
Russian politicians and prompted
threats the business would be
seized.
A patent application for an
"Uncle Vanya" restaurant chain
was filed with Russian authorities
shortly after. The name, the same
as the famous work by Russian
playwright Anton Chekhov, was
one of several brand knock-offs of
Western companies to surface.
Last year, Russia and Ukraine
accounted for about 9% of McDonald's
revenue.
The move by McDonald's came
after French carmaker Renault
sold its majority stake in carmaker
Aftovaz to a state research institute
for a symbolic sum, while
its Renault Russia business was
taken over by the city of Moscow.
Manufacturing at the Renault
plant is expected to resume under
a Soviet-era brand.
Global News
Afghanistan's female TV presenters
must cover their faces, say Taliban
with the ruling risks an escalating
series of punishments.
Most Muslims around the
world do not consider women
covering their face mandatory, or
oppose them working.
Women are still employed in
some jobs in Afghanistan, such
as healthcare and education, but
many others have been told not
to return to work now the Taliban
are back in power.
The country has been plunged
into economic crisis and famine
under Taliban rule.
Western diplomats have
indicated that resuming development
funding and unlocking
frozen cash depends on better
treatment of women.
Cases of suspected and
confirmed Monkeypox
are being investigated
in a number of European
countries, the US,
Canada and the UK, according
to health authorities and local
media reports.
The most recent confirmed
cases were reported in Italy and
Sweden.
It follows the confirmation
of cases in the US, Spain and
Portugal on Wednesday, as well as
the investigation of 13 suspected
cases in Canada.
Monkeypox is most common
in remote parts of Central and
West Africa.
Cases of the disease outside
of the region are often linked to
travel to the area.
Monkeypox is a rare viral infection
which is usually mild and
from which most people recover
in a few weeks, according to the
UK's National Health Service.
The virus does not spread
easily between people and the
risk to the wider public is said to
be very low.
The first case of the disease
in the UK was reported on 7 May.
The patient had recently travelled
to Nigeria, where they are
believed to have caught the virus
before travelling to England, the
UK Health Security Agency said.
There are now nine confirmed
cases in the UK. The source of
But early hopes the Taliban
might relax their approach have
been eroded amid signs influential
hardliners in the group have
the upper hand.
The journalist in Kabul who
spoke to the BBC wanted the
international community to put
pressure on the Taliban.
"They should tell them you
have 10 days to change otherwise
we are going to cut off relations
and aid."
She said she believed the Taliban
planned to stop women doing
all kinds of work outside their
homes. "They want women to live
like prisoners at home. Every day
they issued decrees against us - I
don't think we can survive."
Symptoms of monkeypox include a rash, fever, headache, muscle
Monkeypox cases
investigated in Europe,
US and Canada
these infections has not yet been
confirmed but cases seem to have
been "locally acquired", the World
Health Organization (WHO) says.
In Europe, one confirmed
case was reported in Sweden on
Thursday, as well as one in Italy.
Swedish authorities said they
were not sure how the individual
had contracted the virus, but local
media report that the individual
in Italy had recently returned
from the Canary Islands.
Five confirmed cases were
also reported in Portugal on
Wednesday, as well as seven in
Spain.
Though no vaccine has been
approved for Monkeypox in
Europe, Spanish health authorities
have reportedly purchased
thousands of smallpox vaccines
to deal with the outbreak, according
to Spanish newspaper
El País. Monkeypox is a member
of the same family of viruses as
smallpox.
In North America, health
authorities in the US state of
Massachusetts also confirmed
that a man has been infected
with Monkeypox.
He had recently travelled to
Canada, where local media report
that 13 suspected cases of the
virus are being investigated.
According to health officials,
the man has been hospitalised, is
in "good condition" and "poses no
risk to the public".

DAILY ANALYST
Friday, 20th May, 2022 Page 3
Owoo family
breaks silence
The rightful owners
of the Achimota Forest
land, the Owoo
Family have finally
broken their silence
on the purported sale of the
land following intense public
discussion on the matter earlier
this week.
In a press statement released
yesterday, the family
said “The Owoo Family, the
pre-acquisition owners, of all
the land acquired in 1921 and
1927 for the Achimota School,
have suffered grave historical
injustice”
“The family has had to, in
the past, accept and/or acquiesce
to terms to enable it move
on which it strongly believes
have been unfair and unjust,”
the statement further said.
According to the statement,
the acreage due the Owoo
family was arrived at through
long-standing negotiations
which in many respects predate
the current administration.
This was done with the
active involvement of various
State technical negotiators and
agencies.
Below is the full statement:
RE: ACHIMOTA FOREST
AND MATTERS ARISING
We, the Owoo Family, have
restrained ourselves from participating
in the ongoing debate
as a result of good advice
and judgment.
We however reluctantly
wish to set a few records
straight as follows;
The Owoo Family, the
pre-acquisition owners, of all
the land acquired in 1921 and
1927 for the Achimota School,
have suffered grave historical
injustice;
Achimota Forest land
The family have had to, in
the past, accept and/or acquiesce
to terms to enable it move
on which it strongly believes
have been unfair and unjust;
The much talked about 19th
August, 2016 ceremony which
has been erroneously stated in
the public as an occasion when
land was released to the Owoo
family is false and misleading.
That ceremony was a sod-cutting
ceremony for the development
of the Achimota Forest
into an Eco-Tourism park. The
Owoo Family were mere invitees/guest;
The Owoo Family has always
maintained that compensation
has not been paid for
the 1927 acquisition; and
The acreage due the Owoo
family was arrived at through
long-standing negotiations
which in many respects predates
the current administration.
This was done with the
active involvement of various
State technical negotiators and
agencies.
The Owoo family has petitioned
all governments in the
fourth republican dispensation
and indeed is yet to take possession
of any parcel of land to
date.
We commit to conducting
ourselves in a manner which
will not compromise the ecological
integrity of the adjoining
forest reserve and call on
the general public to please
disregard any misleading
contributions to the ongoing
public discussions.
END
John Kwartey Nee Owoo
Francis Kwatei Nee Owoo
Nii Kwate Owoo
George Kwatey Owoo
Frank Nii Kwartey Owoo
The Uncle of 27 -yearold
Albert Donkor
who died under
mysterious circumstances
in Nkoranza,
wants the Police to present the
boy alive.
27 -year- old Albert Donkor, a
footballer, and digital television
installer, died under mysterious
circumstances in Nkoranza.
The late Donkor is said to
have been picked up from his
Nkoranza South home by armed
officers at 2:00 am on April 24,
2022, in an unregistered vehicle
on an anti-armed robbery operation.
Police sources reportedly
told the family Donkor was hit
by a bullet by a supposed member
of an armed robbery gang
when the victim was leading
them to other accomplices.
But the family accuses the
Police of masterminding the
killing of an innocent man adding
that Albert may have been
targeted after he chanced on
a robbery operation involving
some police officers.
Speaking on Atinka FM
yesterday, the Uncle of the
deceased, Augustine Kojo Donyina,
insisted that the Police
arrested Albert Donkor Alive
and so they need to present him
alive.
Asked if the family had gone
to identify the body, Augustine
Kojo Donyina answered in the
negative adding that the family
Tarkwa SHS launches
60th anniversary
Report by Mathew Dadzie,
Tarkwa
The Municipal Chief
Executive (MCE) of
Tarkwa Nsuaem, Benjamin
Kessie has urged
the Board of Directors
of Tarkwa Senior High School
to prioritize academic-related
issues in its operations to make
the school become of the best in
the country.
He said it was worth mentioning
that the academic performance
of every educational
institution was paramount to the
development of every child.
Mr. Kassie made the remark
when the Old Students of Tarkwa
Senior High School launched its
60th Anniversary.
The theme for the event
which is slated to be held in November
is "Achieving Academic
Excellence Through Discipline
for National Development."
The MCE who is an old
student of Tarkwa Senior High
School called on the old students
to help protect the legacy of their
Alma mater, adding that it is only
through such commitment that
they would be able to sell the
school to the public and to give it
a name.
Mr. Benjamin Kessie empha-
Frontpage Stories
Family of murdered man
demands swift justice
will not take any step to visit the
morgue until justice is served.
“What we are saying is that
they took the boy alive and so
we demand that they bring him
alive. Even Ataa Ayi is Alive. How
do you arrest someone at home
and later report to the family
that the person in your custody
is dead? How is that possible?
This is not the first time the
Police is doing something like
this. We will use the case of
our son as a deterrent and stop
future occurrences”, Augustine
Kojo said.
sized that the greatest weapon
a country could ever possess is
giving the best education to its
citizens since they (citizens) are
in a better position to accurately
appreciate the machinery of government
and policies designed to
accelerate development for their
benefit.
The Board Chairperson of
Takwa Senior High School, Mrs.
Hannah Owusu-Koranteng in
an interview admonished the
Ghanaian children to take their
senior high school education seriously
because it is the stepping
stone to the future.
She said Tarkwa Senior High
School has endured challenges
to develop into one of the
prestigious secondary schools in
Ghana that can boast of creating
opportunities for people with
Police presence was heightened
in Nkoranza following a
protest by irate youth to demand
justice for murdered Albert
Donkor.
On Tuesday 16th May 2022,
some irate youth poured onto
the streets in a heated confrontation
with the Police.
The youth reportedly attacked
the Municipal Police
headquarters destroying vehicles
parked at the premises.
The Police had to fire gunshots
to disperse the irate crowd.
diverse social backgrounds who
seized the opportunity created
by the school for them to become
great people in the country.
Mrs. Owusu-Koranteng,
therefore, urged Old Students Association
(TARPSA), to prioritize
the academic excellence and the
well-being of the students above
everything and that the anniversary
which will be celebrated in
November this year would help
position the school to achieve
academic excellence
To this end, the Board Chair
called on all Alumni to demonstrate
a sense of commitment to
making the school greater than
ever before.
The Headmaster of Tarkwa
Senior High School, Mr. George
Oduro in an interview mentioned
the flood issue as the major
challenge the school is facing
especially anytime its rains. He
also mentioned other infrastructural
projects as other problems
confronting the school.

Page 4
DAILY ANALYST Friday, 20th May, 2022
Tain NPP guru
commended
A
leading member of the ruling New Patriotic Party
(NPP), Mr. Afful Manu Benjamin, has received a
citation of commendation from a recently organized
Tain Premium Awards 22.
The coveted award ceremony was organized to
recognize hardworking and influential individuals within the
Tain District of the Bono Region.
Being the Proprietor of the Stars of Africa Montessori
Academy located in Berekum in the Tain District of the Bono
Region, Mr. Afful Manu has influenced and turned many who
otherwise would have thrown their hands in despair on their
careers, to have new lives.
Mr. Afful Manu has been an ardent advocate for government
to make Technical and Vocational Education Training more
attractive.
The NPP man has over the period been an unrelenting
campaigner for the government to resource the youth in the
country in areas including agriculture, resourcing local industries
to make use of local products, and giving meaning to local
content.
He has been a father figure for many within his enclave and
still aiming at achieving more for God and his country.
Being an Adventist, he is committed to instilling discipline
and the fear of God Almighty in the youth.
He believes that of all the efforts to be made, the Almighty
God could not be taken out of anything that is meant to be
successful.
"To acknowledge and appreciate your meritorious contribution
towards the growth and sustainable development in Tain
and Ghana as a whole. Tain is grateful for your dedication and
selflessness towards the development Tain undoubtedly presents
you as an advocate of a good leader," a citation accompanying
his award stated.
Mr. Afful Manu Benjamin doubles as a tutor at the Berekum
Presbyterian Secondary School, a youth advocate, and a promotor
of made-in-Ghana products amongst others.
The National Democratic
Congress’ (NDC)
Constituency Chairman
for Amasaman,
Winfred Kofi Zoryiku,
has been suspended from the
party.
Winfred Kofi Zoryiku is facing
this punitive measure over
accusations that he printed, issued,
and distributed fake membership
ID cards in the ongoing
issuance of party cards.
His action, according to the
party, contravenes Articles 47
and 48 of its constitution.
NDC’s suspends
Amasaman Constituency
chairman for issuing fake
party cards
The NDC’s Functional Executive
Committee arrived at the
decision after an assessment
of the allegations pending the
hearing and final determination
of the matter.
“That with immediate effect,
your membership of the NDC
has been suspended”, a letter
from the party to Mr. Zoryiku
mentioned.
In addition, the embattled
Constituency chairman has been
referred to the party’s National
Disciplinary Committee for further
action.
Alleged Koforidua ritual
killings untrue – REGSEC
The Eastern Regional
Security Council
(REGSEC) has debunked
reports of
alleged ritual killings
in Koforidua.
A video circulating on social
media suggests some men were
killing people for rituals at a
hideout inside Koforidua in the
Eastern Region.
According to the audio that
accompanied the video, the perpetrators
call their victims and
put guns on them to also call
their friends to convince them
to go to where the alleged murderers
are for them to be killed.
But in a statement, Regional
Security Council (REGSEC), that
the entire report and video with
an unknown source being circulated
on social media, purported
to have happened in Koforidua
in the Eastern Region is totally
false and must be treated with
the contempt that it deserves.
REGSEC also noticed that a
section of the public has also
linked the issue to the just-ended
burial rites (Doteyie) of the
late Omanhene of New Juaben
Traditional Area, Daasebre Oti
Boateng, and the Queen Mother
Nana Yaa Daani II.
REGSEC said it has not received
any such report from any
The Takoradi Habour
Circuit Court A, presided
over by His worship,
Michael Kwodjoe
Ampadu, has asked
the woman at the centre of the
alleged faked pregnancy and kidnapping
case, Josephine Panyin
Mensah, and her lawyer to file
all witness statements.
The statements should be
filed by the next sitting date,
June 7, 2022, before they could
open their defence.
Josephine Panyin Mensah,
has been charged with two
counts of deceiving a public
officer contrary to section 251 (B)
of the Criminal Offences Act and
publication of false news.
She was expected to open her
defence before the court today,
Thursday, May 19, 2022, after the
court overruled her no-case application
at the last sitting.
Speaking to Citi News after
the case was adjourned, her lawyer,
Philip Fiifi Buckman, said
they are still organising their
witnesses but are working on
having credible witnesses by the
next sitting.
“Today, [Thursday], we were
to start with our defence for
the accused person to open her
defence but unfortunately, we
could not file our witness statement
because we need to put
our witnesses together. So we
came to pray to the court for it to
of the districts in the Region.
It also said the announcement
made by the New Juaben
Traditional Authority advising
the public to stay away on the
night of Monday 16 May 2022
was in line with custom and
tradition to show respect to the
departed King and the Queen
Mother.
Meanwhile, REGSEC said a
number of security personnel
were deployed at the funeral
grant us leave. Fortunately, the
court was gracious to us and has
given us some little leave. I believe
that, by the time we come
back on June 7, we would have
filed, and the case will progress”,
the lawyer said.
Josephine Panyin Mensah,
has been in the news after
she claimed that she was nine
months pregnant and had been
kidnapped during a dawn walk.
She resurfaced later at Axim
in the Western Region without
the supposed pregnancy or baby.
She had claimed that she
grounds as well as in and around
Koforidua to ensure incident-free
burial rites.
REGSEC assured the people
that the region is safe and
peaceful.
“The good people and residents
of the region should be
rest assured that the security
agencies shall continue to work
hard to ensure safety, peace, and
security in the region,” it stated.
Takoradi fake pregnancy case:
statements by June 7
delivered the same day she went
missing and that the kidnappers
had stolen her baby.
Reports later emerged that
her claims were false, as her alleged
pregnancy and kidnapping
were all staged.
However, some members of
the public, including Josephine
Panyin Mensah’s family and
neighbours, had insisted she
was pregnant at the time of her
disappearance.
She has pleaded not guilty to
the charges levelled against her.

DAILY ANALYST
Friday, 20th May, 2022 Page 5
Perspective
Bringing quality to the
services we pay for
Wonders will
never end?
Why do
I summon
this cliché
to my screen this quiet Monday
morning?
It's because I had no
internet service at all in the
past weekend. And then, on
Monday morning, at exactly
seven a.m, we also had a
power cut!
I was as miserable as you
can imagine. Can you imagine?
Starting the week with
a power cut not only arouses
bad feelings in those who
are prone to superstition but
also, it forces even the very
rational people among us
to examine our way of life
objectively, to see whether
there is something we can
do better. Not that anyone
will necessarily endeavour to
benefit from out advice.
But gloomy though I
was, and as if something
intangible was guiding me,
I chanced upon an article in
Graphic Online that ran as
follows:
“Cabinet approves National
Quality Policy - It’ll guide
production of quality goods,
services
Cabinet has approved
the National Quality Policy
to operationalise a National
Quality Infrastructure (NQI).
The NQI is a system that
spells out how goods and
services must be produced
to meet acceptable standards
by all sectors of the
economy, whether private or
public....It will ensure that
the production and provision
of goods and services meet
internationally acceptable
quality standards”
The article specified that
the “Cabinet approved the
implementation of the policy
at its meeting on Thursday,
April 28, 2022”.
I confess that almost
jumped for joy on reading
this piece of news. Had
someone been reading my
thoughts and communicated
them to the Cabinet?
But reality soon set in.
Could well be one of those
schemes announced by the
authorities to convince the
populace that they were
aware of what our society
needs, but which are left to
gather dust in the offices of
Ministries and Corporations,
as soon as the public has
swallowed the bait.
To begin with, my suspicions
were aroused by this
question: why did the announcement
not come from
the Office of the Secretary
to the Cabinet, or the Chief
of Staff, or the Ministry of
information, but from “The
Head of Public Relations at
the Ghana Standards Authority
(GSA)”?
Isn't the Ghana Standards
Authority already charged
with some of the responsibilities
the “new body” is
supposedly going to take on?
In any case, if I were the
government, I don't think I
would need a Cabinet decision
to tell the people who
distribute electricity in Ghana
that their work falls below
“internationally acceptable
quality standards”! For they
cut power off without any
prior announcements. But
such announcements are
needed to alert consumers
of electricity to prepare for
a loss of service. Preparation
enables them to avoid the destruction
of perishable goods
in their fridges, by resorting
to an alternative source of
power, if possible.
Does the Ghana Standards
Authority ever monitor the
“standards” of service provided
to the Ghanaian public
by the electricity suppliers?
If not, why not? Doesn't electricity
production fall into
the category of “services”
sold to the public? Even if
bureaucratic limitations currently
preclude the Standards
Authority from ascertaining
whether the electricity
supply system is serving the
public in a manner “acceptable
to international standards”
or not, can it not, on
its own, study the problem
and draw attention to its
shortcomings? Of course,
not – there needs to be a new
“body”!
In case anyone is listening,
I have observed that
whenever we have a power
cut in our area and I make
enquiries about it, all I am
told is that the electricity
suppliers are facing “challenges”!
What “challenges”?
There never is a precise
answer, because an opaque
shroud has been drawn over
the issue. So the next power
occurs without explanation.
And the next. And the next.
And the next.
I have a suspicion, not
entirely bred by the cynicism
to which one is driven
when one surveys the Ghana
bureaucratic system, that
what the Cabinet has been
sold could well be is another
block in the “empire building”
stakes. With the new
overhead expenses that that
implies. And, of course, a larger
environment into which
the sources of blame can be
dumped!
The reason why it occurs
to me that we may merely be
experiencing another public
relations exercise is that
these power cuts are occurring
in areas, some of which
are occupied by relatively
well-off people. The evidence
for that conclusion? Whenever
there is a power-cut, one
begins to hear the loud sound
of electricity generators
being put immediately into
operation.
The generators disturb
people who want to work at
home; or who need a quiet
repose because they are unwell;
or who want to enjoy
sports or other TV entertainment
programmes after a
hard day's slog in the office.
Surely, the economically
affluent people who reside in
these relatively new estates
do know bureaucrats and
politicians who can change
the power supply situation
if they cared? If the bureaucrats
and politicians have
heard from persons known to
them, socially (who can give
them unbiased and accurate
information on the occurrence
of these power cuts)
but have done nothing about
it, out of sheer indifference
(as anyone who has tried to
change inefficient systems in
Ghana must know!) merely
transforming a public supervisory
body into another public
supervisory body, won't
solve the problem, will it?
The question is, why don't
these public utilities ever
talk to us? Do their problems
stem partly – for instance –
from the activities of estatebuilders,
who need to deprive
their residents of power
sometimes, if they need
to supply power to newlyerected
premises? If this is
happening, why doesn't the
electricity supplier tell the
public? Or are they in collusion
with the estate builders?
Anyway, where has the
Ghana Standards Authority
been all this time, whilst the
problems I have outlined
have been taking place? But
“silence is golden!”, say both
Ghana's service providers,
and the managers of public
bodies established to supervise
the provision of essential
services.
And now, I come to
another old chestnut of
mine:the billing system
employed by our internet
service providers, the mobile
phone companies. When
I lived abroad, one bought
credit for internet and voice
services, and (if it was a payas-you-go
service) that one
purchase of credit was used
for connecting to the internet,
speaking on the mobile
phone or whatever service
one used. . When the credit
was exhausted, one merely
topped up.
But here, when one wants
to “top up”, one must specify
whether the amount paid is
for (1) air time (presumably
for voice conversations) or (2)
internet bundles and I think
a third category known as
data!
Can you imagine how
frustrating it is that after
one has paid money to a mobile
phone company, one can
still not use the particular
service one needs, because
one's money was paid for the
wrong service?
What do I care whether
my money went into account
A, B or C (as pre-determined
arbitrarily by the same
company?) whilst I am being
denied service because my
money did not go to Account
D (of the same company)?
I have told friends in the
communications industry
many times about this completely
unnecessary problem
which can confront customers
who do not know the
system in Ghana and so ask
someone to “please go and
buy me credit!”
More often than not, the
messengers manage to buy
the wrong credit! Why? Obviously
because the purchasing
system is too complex. So it
should be made impossible.
Credit must be credit. Period.
After all, the communication
company has only one
account for revenue, doesn't
it? Why should it be difficult
for it to convert say, 200 Cedis
in a Voice Account to 200 Cedis
in an Internet account if
the latter has run out and yet
the customer is desperately
requesting Internet service?
Is the division of credit
payment into different
categories possibly caused
primarily by a primitive,
outmoded categorisation of
payment system, that falls
below international standards?
Certainly, our National
Communications Agency
must investigate this frustrating
system and abolish
it as sub-standard? A mere
top-up cannot occur without
customers being deprived of
Internet services for hours
on end? Just imagine the
frustration and loss business
that that can bring about.
Sometimes, I think that
we are lost!
By Cameron Duodu

Page 6
DAILY ANALYST Friday, 20th May, 2022
persons cause of police
brutalities – Prof Aning
Professor Kwesi Aning, Director of the Faculty
The Director of the
Faculty of Academic
Affairs and Research
at the Kofi Annan
International
Peacekeeping Training Centre
has attributed the recent
unprofessional behaviour of
police personnel in the country
to the recruitment of unqualified
persons into the service.
According to Professor Kwesi
Aning, some of these unqualified
police personnel often use
The Managing Director
of Consolidated
Bank Ghana (CBG)
Daniel Wilson Addo,
has paid a courtesy
call on the National Chief
Imam, His Eminence Sheikh
Dr. Osman Nuhu Sharubutu at
his residence in New Fadama.
The visit is to congratulate the
Chief Imam on his charity work
and promotion of peace among
religious groups; the calm
celebration of Eid Ul Fitr; seek
prayers for CBG as a positive
business brand and to cement
the long-standing relationship
with the Muslim community.
Sharing the purpose of the
visit, the Managing Director
of CBG, Mr. Daniel Wilson
Addo said: “His eminence is
the spiritual head of a large
part of the population of this
country, and he has consistently
promoted the fact that we are
one people even if we belong
to different religions. We are
also very much aware of his
eminence’s works in feeding
the poor, and helping the
disadvantaged in society; we
strongly identify with those
principles. So, we are here today
to pay respect, and pledge our
assistance to him in all of his
humanitarian work. We also
do businesses in some of the
communities that have the
concentration of his people,
and we have consistently found
unnecessary excessive force
against civilians because nothing
will happen to them due to their
political connections.
He, however, added that these
unqualified policers officers who
often brutalize the citizenry
will eventually be found out and
booted out of the police force.
”I think we are reaping what
we have sown. People who would
ordinarily not qualified to be
part of the Police service who
have been brought in through
that the environment is very
conducive and we will like to
thank him and introduce the
Bank to him.”
According to Daniel Addo,
“CBG values the relationship
and impact of the Chief
Imam and the entire Muslim
community to the development
of the Bank. In line with our
brand promise, we pledge that
we will continuously stand with
you.”
The National Chief Imam, on
his part, expressed gratitude to
CBG and prayed for the success
of the Bank and its staff.
He said, “I am excited and
really happy about your visit.
I am praying to Allah that he
will shower his blessings into
the Bank and individually
as staff of this bank, and
political figures and who feel that
they have political god-fathers
outside the remit of the Police
Service and therefore, they can
misbehave and nothing would be
done to them.
“I am really sorry to say,
I have a message for them,
something will be done to [them],
[they] will be punished, [they]
will be found out and if it means
dismissal from the Police service
you will be dismissed,” he is
quoted to have said.
Prof Aning previously
bemoaned the recent increase
in the use of excessive force by
police officers on civilians.
He said that the most
worrying trend is that, police
officers in the country have
become “trigger happy” and
are shooting down civilians
haphazardly.
Prof Aning made these
remarks while reacting to
the police shooting of a mob
protesting the killing of a robbery
suspect, Albert Donkor, who they
claim was killed in the custody of
the policy.
The shooting of the mob
resulted in the killing of at least
one person and it also injured at
least 6 persons.
CBG calls on Chief Imam to deepen
ties with Muslim Community
collectively, I pray that God will
bless your lives and all your
endeavours. I am also praying
that God enhances the peace
of our country just like we are
living in a country of different
religions and yet we live in
peace, we pray that God will
enhance our peace.”
The other members of
the CBG delegation, Deputy
Managing Director (DMD) for
Corporate Resources, Nana Ama
Poku; Chief Financial Officer,
Charles Appiah; Director of
Operations, Samuel Chiatey
Barketey; General Manager,
Ahmed Ibrahim Tijani-
Tanko and other Heads of
Departments.
The delegation also
presented some items to the
Chief Imam.
President Nana Addo Dankwa Akufo-Addo
It’s time for Africa
to prosper; reduce
dependence on foreign
aid – Nana Addo
President Nana Addo
Dankwa Akufo-
Addo has thrown
a challenge to
policymakers on the
African continent to reduce
their dependence on aid from
the west.
He maintains the reliance on
foreign aid is derailing socioeconomic
development in Africa.
He is therefore asking
policymakers to brace
themselves for the challenge and
develop policies that will make
this possible in the shortest time
for Africa to prosper.
While opening the 22nd
Academy of African Business
and Development (AABD)
Conference, President Akufo-
Addo said the “time to pursue
a path of prosperity and selfrespect
for the African Continent
is now.”
The 22nd AABD Conference,
being hosted by the University
of Professional Studies, Accra
(UPSA), is under the theme:
“Sustainable Development
beyond Aid: The focus for
Africa?” It will run till May 21,
2022.
The president has proposed a
Ghana Beyond Aid vision, urging
the creation of a Ghana that
is beyond dependence on the
charity of others to cater to the
needs of its people but instead
engages with other countries
competitively through trade
and investments and political
cooperation for enhanced
regional and global peace and
security.
“I am by no means saying
there is no longer a place
for aid in Africa or that we
should disregard what aid
has done for us in the past.
Neither am I saying that the
more advanced countries
should cease honouring their
aid commitments to African
countries; or that we should turn
our back on investments from
outside”, he said.
Africa has been and
continues to be reliant on
international aid for its
development.
Though the volume of
international aid received may
be relatively small compared to
its total annual expenditure, it
represents a substantial part of
the discretionary funds available
to governments once statutory
payments, wages, salaries, and
debt repayments have been set
aside.
This is what made
researchers, business
practitioners, consultants,
community leaders, and
policymakers submit full
papers, abstracts, and special
session proposals at the ongoing
conference.
“It is time to create
the future we want for our
continent, and it is time to start
building that future, inspired by
the imperative to transform our
economy from a raw material
producing and exporting
economies to value-adding
industrial economies.”
“We seem to have missed
out on many opportunities to
make Africa the continent she
deserves to be, rich and resilient.
But it is not too late to right the
wrongs, it is time to catch them
now”, the President added.

DAILY ANALYST
Friday, 20th May, 2022 Page 7
Education dying in Assin North!
...As Network for Assin Development goes to their rescue
Story Freeman
Koryekpor Awlesu
The academic
performance of pupils
of the basic and Junior
High Schools (JHSs)
in the Assin North
Munnicipality of the Central
Region has been on the decline
since 2011 to 2022.
And what has accounted for
this situation, DAILY Analyst
gathered, has primarily been as
a result of a lack of educational
infrastructures as well as the
and learning unattractive,
thereby having negative impact
on the academic performance of
the pupils in the municipality.
The paper further learned
that about 60% of these schools
were studying under deplorable
conditions.
And as part of efforts to
salvage the situation, the
Network for Assin Development
(NAD), a non-governmental
organisation, has taken a giant
move by donating 80 dual desks
and educational materials to
Dwenakyi DA Primary School in
the Assin North Municipality.
Presenting the items, the
Executive Director for the
Network for Assin Development
(NAD), Mr. Samuel Adobah, noted
that teaching and learning have
dwindled in the area as a result
of the challenges confronting
basic schools in the area.
“It is in this regard that we
are embarking on this donation
exercise as part of the 2nd
phase of our project dubbed:
'Boanimdea.'
Education is a fundamental
human right for all children and
this right may not be realised
if strategic measures were not
put in place to ensure adequate
infrastructure provision to
schools,” he said.
Mr. Adobah noted that
Current rift in PNC saddening
– Edward Mahama
The former leader of
the People’s National
Convention (PNC)
Dr. Edward Mahama,
has debunked
claims by the party’s 2020
Flagbearer David Apasera, that
he is refusing to meet with the
leadership of the party to help
find solutions to end the chaos
in the party.
In an interview with Accrabased
Asaase FM, Dr. Mahama
said he desires peace in his party.
“It saddens me that the party
is divided like this. It is my hope
and desire that they will find a
way to move the party forward.”
Mr. Apasera had said Dr.
Mahama was responsible for the
current turmoil in the party.
He also indicated that
despite efforts to get Dr. Mahama
to help reconcile the feuding
factions to unite the party, he
has refused.
But Dr. Mahama also denied
this assertion.
“When he [David Apasera]
took over from me, he came to
my office and I handed over the
party vehicle which was with me
to him. Since that day, I haven’t
heard from him. I haven’t seen
him.”
Responding to the
comments, Mr. Apasera said he
had made unsuccessful attempts
to meet with Dr. Mahama.
He also said Dr. Mahama was
coordination between parents,
teachers and pupils.
DAILY Analyst established
that for the past almost eighteen
(18) years, the performance
of public schools in Assin
North Municipality in the
Basic Education Certificate
Examinations (BECEs) has been
abysmal.
Information gathered
by the paper indicates that
approximately 18 basic
schools in Assin North were
currently facing educational
infrastructure challenges; which
situation was making teaching
complicit in the rift within the
party.
“Dr. Mahama still holds to his
faction and calls them to come
to take decisions,” Mr. Apasara
claimed in a Citi News interview.
“The way forward is for us to
abide by what the constitution
says because, now, you are not
NEC, but you sack the people
who were there when the party
was formed.”
“We are prepared to fight this
in the way we can,” Mr. Apasera
added.
The rift within the PNC has
culminated in Mr. Apasera and
the party’s National Chairman,
Moses Danibaah, being
dismissed from the party.
The party previously
suspended the two over
allegations of misconduct and
embezzlement of party funds to
the tune of GHS 1.7 million.
children living in the rural areas
often struggle to have access
to quality education; unlike
students in urban areas that
benefit from government all the
time.
This, he said, Dwenakyi was
one of the communities that has
been neglected when it comes to
the provision of social amenities
by the government.
The Project Coordinator for
Network Assin Development
(NAD), Rev. Stephen Arthur,
giving an overview of the
project, noted that prior to
their visit to the school some
years ago, they observed that
Vodafone's female
engineering programme
inducts 10 brilliant girls
Ten brilliant female
engineering final
year students have
benefited from
Vodafone Ghana’s
Female Engineering Students
Sponsorship Programme
(FESSP). The initiative is part
of the organisation’s diversity
and inclusion drive. Every year,
Vodafone partners with leading
Science, Technology, Engineering
and Math (STEM) institutions
to select brilliant female
engineering graduates and allow
them to become leaders in their
spheres of influence.
In a brief ceremony on
12th May 2022 at Vodafone’s
headquarters in Accra, each
beneficiary received an award
package comprising tablets with
six months of airtime and data.
The package also came with
mentoring, funding of final year
fees, and a token for books.
Ms Torikubu Omar, a
beneficiary from the University
of Ghana, expressed her
appreciation to Vodafone saying,
“I think it's a very nice initiative.
Especially the fact that Vodafone
is willing to help young women
shape futures. The tablet and
free data will make my learning
easier. Thank you very much,
Vodafone for motivating us.”
Speaking during the
the school was in dire need of
educational materials.
“It is in this regard that we
decided to come to their aid.
The items donated are worth
ten thousand Ghana Cedis
(¢10,000),” he disclosed.
This year's 4th edition of
Boanimdea Project was held in
collaboration with Mr. James
Ken Coffie a businessman
leaving in abroad.
The Chief of the Community,
Nana Kofi Osuman, commended
the Network for Assin
Development for coming to the
aid of the community, stressing
that the donation will go long
way to help improve teaching
and learning in the area.
ceremony, the Human Resources
Director at Vodafone, Ashiokai
Akrong, congratulated the
beneficiaries and encouraged
them to maintain their focus.
"Throughout the years, we
have seen a great number of
beneficiaries who have benefited
from our programme achieve
success within Vodafone and
across the Vodafone Group.
We believe that these brilliant
young engineers would seize the
opportunity to make their mark.
The programme, which is in
phases, begins with internship
rotation programmes in several
different divisions within the
organisation. This will provide
them with information gained
through first-hand experience
on how the company operates.
After completing the internship
and national service, they will
be offered full-time employment
with any of Vodafone's
operational companies.''
Launched in 2011, the
Female Engineering Students
Sponsorship Programme (FESSP)
has so far sponsored 72 young
women from institutions such
as the University of Science and
Technology (KNUST), University
of Mines and Technology
(UMaT), University of Ghana, and
Ghana Technology University.

Page 8
Health
DAILY ANALYST Friday, 20th May, 2022
Ashanti Region
tops hypertension
case in Ghana
The Ashanti Regional
Health Directorate
is worried over the
growing prevalence of
cases of hypertension
recorded in the region.
The region topped the Ghana
Health Service’s data repository
in 2021, with over 121,000 out of
the 612,000 hypertensive cases
recorded across Ghana.
The 2014 Ghana Demographic
Health Survey reveals hypertension
awareness is low in Ghana,
with more women knowing
their high blood pressure levels
than men.
According to the District
Health Information Manage-
ment System, hypertension was
the second leading cause of hospital
admissions in the Ashanti
region.
Regional health director, Dr.
Emmanuel Tinkorang, attributes
the growing statistics to sedentary
lifestyle.
“In Africa, there is an increasing
prevalence of these
non-communicable diseases
because of lifestyle changes.
Previously people were going to
farms, but now they are resorting
to vehicles. They are also
living sedentary and eating all
sorts of food.
“As result, people begin to
suffer from Metabolic Syndrome
and this is wreaking havoc in
this country,” he said.
The Ghana Health Service in
collaboration with the Healthy
Heart Africa programme has
instituted a community-based
campaign team across the districts
in the region.
The 13-member team has
been mandated to visit communities
to create awareness in a
bid to alleviate the number of
non-communicable diseases.
A data collected reveals over
252,000 people in the Ashanti
region have elevated blood
pressure levels with some 53,000
people diagnosed with hypertension.
Senior Technical Advisor for
PATH Ghana, Dr. Robert Yeboah
explained the rationale for the
programme.
“Healthy Heart essentially is
an access programme looking at
improving the quality of care for
hypertensive patients. Our work
revolves around training for
health workers, providing health
facilities with the necessary
equipment for screening and
diagnosis.
“We also maximize oppor-
tunities within our facilities to
create more awareness about
hypertension,” he said.
Nearly 30% of African adults
are estimated to have high blood
pressure.
The figure is however expected
to skyrocket to 150 million
among adults in Sub-Saharan
Africa by 2025.
A wellness centre has been
established for the public to
check their hypertension status
in efforts to curb the menace.
Global smokers exceed
1.1 billion and 200
million more who
use other tobacco
products, the
substance use remains a global
epidemic.
Global progress is threatened
by growing smoking rates
among children age 13 to 15
years in many countries and by
tobacco industry tactics such as
targeting poorer countries with
weak regulatory environments
and pushing novel products in
previously untapped markets.
The Seventh Edition of
the Tobacco Atlas, released
Wednesday by Vital Strategies
and the Tobacconomics team at
the University Illinois at Chicago
(UIC), finds that, although
more people overall are being
protected by effective regulatory
interventions including tobacco
taxes, smoke-free public
areas, access restrictions and
education, these efforts these
efforts must be much more
robust to contend with an
industry whose gross profits
have climbed to at least US $60
billion in 2020.
According to the data copied
to the Ghana News Agency, the
current prevalence of adult
tobacco use in Ghana is 2% and
not much has changed over the
last 30 years. In contrast, Togo
and Benin have made huge
strides to get down to Ghana’s
level with Cote d’Ivoire seeing
an uptick in male smoking.
One trend from data in
the Tobacco Atlas is “current
smokers,” which is anyone
who reported smoking in the
last 30 days. In many countries,
particularly in Africa, these
numbers are higher than
daily smoking, often for
socioeconomic reasons in that
smokers cannot afford to be
daily smokers.
Meanwhile, the tobacco
industry took full advantage
of the COVID-19 pandemic:
While countries diverted their
attention to the crisis, Big
Tobacco companies took the
Number of smokers around
the world exceeds 1.1 billion
– Tobacco Atlas
opportunity to increase market
shares, attract new customers,
retain smokers and polish their
corporate reputations.
Dr Jeffrey Drope, Research
Professor of Public Health at the
University of Illinois at Chicago
said “Now in its 20th year, the
Tobacco Atlas is a warning call
to all those who care about
global health and economic
development.”
“It demonstrates
unequivocally that tobacco
control works: For the first
time on record, global smoking
rates dropped, to 19.6% in 2019
from 22.6% in 2007. But uneven
and anemic implementation
of tobacco control measures
means that richer countries are
unlocking the economic and
health benefits of strong tobacco
control, while the industry
is still preying on emerging
economies in ways that will lock
in harms for a generation or
more.
Big Tobacco is a dinosaur
industry whose only way to grow
is by hooking kids on one of the
most addictive and harmful
products ever invented. An
urgent and sustained effort is
needed to aggressively regulate
this harmful industry and its
products to accelerate the end of
cigarettes as a mass consumer
product, save hundreds of
millions of lives, and spur
economic growth.”
The atlas identifies
devastating health and
economic costs of global tobacco
use: In 2019 alone, tobacco use
caused more than 8.67 million
deaths worldwide (6.53 million
men, 2.14 million women) and
approximately US $2 trillion in
economic damage. Most deaths
were attributable to smoking, but
1.3 million died from secondhand
smoke exposure. In 2019, nearly
half of all tobacco-related deaths
occurred in countries with high
Human Development Index
scores. However, deaths from
tobacco-related diseases are
expected to increase in future
years in lower-HDI countries as
today’s smokers sicken and die.
Youth tobacco use (girls
and/or boys) has increased in 63
of 135 countries surveyed, and
now more than 50 million 13- to
15-year-olds smoke cigarettes or
use smokeless tobacco products.
Currently, countries with the
highest prevalence of tobacco
use among youth generally have
a lower human development
index score. In several of these
countries, including Haiti and
Mauritania, tobacco use among
adolescent girls is now more
common than among adult
women, indicating that the
historically lower tobacco use
among females worldwide may
not continue in the near future.
“In the wake of COVID-19,
countries are reprioritising
public health and investing in
strategies to support health and
economic growth,” said Nandita
Murukutla, Vice President of
Research at Vital Strategies.
“For countries that want to
recover, tobacco control should
be high on their agenda. In
particular, tobacco taxes are a
triple win for health. driving
down smoking rates, deterring
initiation among youth, and
generating revenue that can pay
for other health interventions.
Graphic pack warnings and plain
packaging are proven highimpact,
low-cost interventions.
Plus, media campaigns can
reshape social norms and drive
millions to quit at extremely low
cost; almost every country in
the world is under-invested in
media.”
Dr.Kelly Henning, who leads
the Public Health programme at
Bloomberg Philanthropies said
“Global leaders must accelerate
tobacco control efforts to protect
the health of our youngest
generation.”
“Tobacco use is a major risk
factor for the world’s leading
killers including cancer, heart
disease, lung disease and
diabetes. The faster countries
can regulate tobacco and prevent
youth from starting, the more
lives that can be saved.”
First published in 2002, The
Tobacco Atlas uses bold graphics
and data visualization to
describe the scale of the tobacco
epidemic and bring the latest
peer-reviewed data to life.
The report tracks where
progress has been made in
tobacco control and details the
latest products and tactics being
deployed by the tobacco industry
to grow its profits and delay or
derail tobacco control efforts.
The Seventh Edition includes
new chapters on COVID-19,
counter-marketing and race,
ethnicity and equity, the last
co-authored with the African
American Leadership Council on
Tobacco Control.
Source: GNA

DAILY ANALYST
Friday, 20th May, 2022 Page 9
Opinion
public enemy number 1: here’s why
Inflation is a process of
sustained increases in
the general price level
over a period of time,
typically 12 months.
Inflation can be calculated
for a country, for specific
regions in a country and for
different income and demographic
groups, for instance
pensioners.
These different calculations
are important because
the spending patterns of
regions and groups differ.
That means that their rates
of inflation also differ. It
is therefore important for
each household to have a
clear understanding of its
own inflation rate.
A number of countries allow
for the development of
this improved understanding.
For example, South
African households can use
an Internet tool such as the
personal inflation calculator
of Statistics SA . A personal
inflation calculator, based
on the spending patterns of
household, is also available
for the Euro area, Canada
and New Zealand.
The phrase describing
inflation as ‘enemy number
one’ is borrowed from the
research done by South African
businessman Dr Anton
Rupert on the world-wide
inflation problem suffered
in the 1970s.
He described inflation
this way due to its distortive
impact on the economies
of countries and the wealth
and financial well-being of
households.
But the word inflation
has a much earlier origin.
Its first use was in the US
between 1830 and 1860,
when the US dollar started
losing value.
In short, people experience
inflation as sustained
price increases. Prices
continue to increase and
the same amount of money
buys less goods and services
over time.
Why is it so bad?
Inflation is bad because
people on fixed incomes
such as pensioners get
poorer over time. The buying
power of their money is
eroded.
A further problem is that
borrowers enjoy an advantage
over savers. With high
inflation, the capital value
of savings is eroded, while
the real burden of borrowing
declines. It becomes easier
to repay debt. Although
interest rates increase with
higher inflation, the real
value of the amount borrowed
that has to be repaid,
declines as percentage of
salaries that are adjusted for
inflation.
Governments are the
largest borrowers in the
world. They are therefore
the major beneficiaries of
inflation, as the real value
of their debt is eroded at the
expense of the taxpayers in
their countries. Tax collections
increase with higher
inflation and government
debt becomes a smaller
percentage of government
revenue raised from taxes.
Who manages inflation
and what instruments can
they use?
Central banks have responsibility
for containing
inflation. They use the level
of interest rates to contain
inflation.
This responsibility for
containing inflation is most
noticeable in countries that
use inflation targeting. In
these countries, central
banks adjust interest rates
in line with the rate of inflation
and its expected future
level to contain it to the
target range.
To contain inflation, central
banks must keep interest
rates above the inflation.
This difference between
the rate of inflation and the
interest rate is called the
real rate). When the rate of
inflation accelerates and is
expected to continue this
trend, the central bank’s
policy response is a higher
interest rate level (both
nominal and real), commensurate
with the change in
the inflation trajectory.
What can go wrong?
Central banks can make
wrong assumptions and
use wrong projections in
their assessment of future
inflation. This can lead them
to set interest rates at an
inappropriate level.
An example is the recent
acceleration in the inflation
rate in the US to a level
above 8%. At an average of
around 3% per annum, the
US inflation rate was at a
very low level for the last
four decades). Recently the
rate accelerated to above
8%, without an appropriate
policy response by the US
Federal Reserve.
As a result, US inflation
could become a persistent
problem.
This unexpected acceleration
in prices caught
US households by surprise.
Many households (for instance
pensioners) who assumed
that inflation would
remain under control,
are now faced with much
higher expenses without a
commensurate increase in
income.
It is therefore important
that central banks are constantly
vigilant and respond
to accelerating inflation.
Inevitably, this implies
setting interest rates at an
appropriate real level above
the rate of inflation.
The real rate of interest
rates can be calculated in
several ways. The simplest
and easiest way to calculate
is by deducting the rate of
inflation from the nominal
interest rate.
Some African countries
suffer persistent inflation
problems, with rates much
higher than in developed
economies. The Zimbabwean
inflation rate for the year
to April 2022 accelerated to
96.4% , while Ghana’s inflation
rate was 19.4% over the
same period.
Countries suffering high
inflation experience exchange
rate pressure, with
declining currency values.
The exchange rate of the
currency will remain under
downward pressure as long
as high inflation persists.
Owing to high inflation,
investment in the country
becomes unattractive. The
demand for the currency
therefore declines, which
puts the exchange rate of
the country with high inflation
under pressure.
The Ghanaian currency
has already depreciated by
18% against the US dollar
this year. A further value
decline is expected for the
rest of this year.
Over the past year, the
Zimbabwean RTGS dollar
has lost more than half its
value against the US dollar).
Owing to sharp currency
depreciation, the domestic
prices of imported goods
and services in countries
like Ghana and Zimbabwe
have increased sharply and
continue to increase each
time the currency depreciates.
Consumers in those
countries who earn income
in local currency experience
increasing difficulty to
afford imported goods and
services.
The trust deficit
A problem in an environment
of sustained inflation
is that people do not trust
the official published rate
of inflation. Inflation rates
are distrusted for several
reasons. The first is a general
distrust of government
conduct. This results in a
view that inflation rates are
manipulated by government
agencies responsible for
their publication to report
lower price increases than is
actually the case.
Secondly, increased
prices for goods such as
fuel that receive considerable
publicity, lead to
perceptions of general price
increases. This problem is
linked to the fact that price
increases are much more
visible to consumers and
attract more attention than
price declines.
Lastly, inflation measures
price increases on
a cumulative basis, using
each previous year’s price
level as the base for calculations.
This implies that
each previous year’s inflated
price level is used to measure
the rate of inflation in
the next year. Over time the
cumulative effect of sustained
inflation becomes
quite large.
This can be explained
in a different way. With a
sustained inflation rate
constant at 5% per annum,
the intuitive perception is
that prices will double every
20 years. In practice, however,
under these conditions,
prices will double every 14.4
years. Price increases therefore
exceed the perceptions
of consumers.
Given the negative impact
of inflation, it is in the
interest of all consumers
that the authorities should
always apply policies that
prevent price increases or
keep such increases to a
minimum level.
Inflation does not make
people wealthy, despite the
fact the governments and
borrowers enjoy benefits
from inflation. Which is
why the description that
inflation is public enemy
number 1 is so accurate.
By: Jannie Rossouw,
Visiting Professor at the
Business School, University
of the Witwatersrand
This article is republished
from The Conversation
under a Creative
Commons license. Read the
original article.

Page 10
Accommodation is
one of mankind's
most essential needs.
However, it doesn't
come cheap. This
reality is most problematic in
Africa where millions of people
often resort to shanties/ghettos,
due to their inability to afford
decent living conditions.
In this article, we shall be
looking at the 9 most expensive
countries to rent a one-bedroom
apartment in Africa.
This is based on the property
Business
Ghana among 9 most
expensive African countries to
rent a one-bedroom apartment
Governor of the Bank
of Ghana, Dr. Ernest
Addison has revealed
that Ghana is seeking
to buy gold from local
sources to help raise the gold
component of the country’s gold
reserves.
According to him, this is
to strengthen the Ghana cedi
without causing an increase in
inflation.
“We have started a bulk
purchase program, domestic,
where we buy gold locally and
try to raise the gold component
in our level of reserves. This is
where the current focus is.”
Ghana’s inflation has
recorded an all-time high of
23.6% in April 2022, the highest
since 2004.
The Ghana Cedi also saw
increases from the beginning
of the year due to the Russia-
Ukraine conflict.
Governor of the Bank of
Ghana, Dr. Ernest Addison, has
noted that the country’s current
inflation comes as a surprise
to his team as food, transport,
and imports have pushed the
country’s inflation to 23.6%.
The Governor noted that the
monetary policy is in a huge fix
even as it begins meeting today,
May 18, 2022, to make decisions
price to income ratio, which
Investopedia defines as the ratio
between a median home price
compared to the median annual
household income within a
particular region.
While compiling the list, we
also considered the affordability
index, which basically measures
"an average person's ability to
purchase a particular item, such
as a house in a particular region,
or to afford the general cost of
living in the region."
Also note that the statistics
Ghana starts local gold
purchase to strengthen
currency - BoG
on the nearly 24% inflation rate
as well as the monetary policy
rate of 17%.
Speaking to Bloomberg, Dr.
Addison noted that even though
issues are complicated currently,
a major decision will be taken.
“It’s an issue which in a
sense is baffling to all of us. A
year ago, inflation in Ghana was
near single digit, particularly
we were at 7.5% and then we
find ourselves a year later in
high double digits. It’s a very
complicated environment, as
you yourself are aware we have
come out of COVID-19. But
Ghana, fortunately, was able to
weather the impact of COVD
well without recording highinterest
rates.”
“And it seems as if the
economy has picked up
significantly with a positive
growth rate of 5.4%. At
the Central Bank, we have
anticipated this. In November
last year, we raised the policy
rate by 100 basis points [2.0%],
and then we were rather
surprised by the inflation
rate which came out later on.
After that in February [2022]
in particular which triggered
the 250 basis points [2.5%]
adjustment in the policy rate”,
he explained.
DAILY ANALYST Friday, 20th May, 2022
used in compiling this listicle
are courtesy of Numbeo, the
leading global provider of
perceived consumer prices and
other statistics.
Below are the 9 most
expensive African countries to
rent a one-bedroom apartment
Ghana: This West African
country has a property price to
income ratio of 87.65%, as well as
an affordability index of 0.04%.
A one-bedroom apartment in
Accra's city centre could cost as
much as $884.46 per month. And
the average monthly net salary
after tax is $344.84.
Kenya: Kenya's property
price to income ratio is 24.24%,
even as the affordability index
stands at 0.29%. A one-bedroom
accommodation in Nairobi's
city centre goes for an average
of $389.62 per month. And the
average monthly net salary is
$493.38.
Algeria: Next we have this
Northern African country which
has a property to income ratio
of 18.25% and an affordability
index of 0.61%. A one-bedroom
apartment in the centre of
Algiers, Algeria's capital city,
goes for an average price of
$211.85 per month. Meanwhile,
the average monthly salary is
$250.09.
Governor of the Bank
of Ghana, Dr. Ernest
Addison has noted that
even though inflation
keeps increasing and
the cedi remains unstable, the
economy is growing strongly.
He noted that the economy is
rebounding from the devastating
effects of the COVID-19 pandemic
according to data gathered by the
Central bank.
Dr. Addison was speaking
to Bloomberg ahead of the
Monetary Policy Committee
(MPC) meeting, which began on
18th May 2022 to 20th May 2022.
“The Ghanaian situation
in a sense also reflects what
happened in 2020 where
the government took a very
expansionary stance on policy.
Therefore, there were many
interventions that were put into
place in order to protect lives and
livelihoods.”
“The impact of that was real
sector being more resilient than
we see in other places. As I said,
we are beginning to see a pick-up
in growth in 2021”, Dr. Addison
emphasized.”
Reports have indicated that
sectors such as Information,
Communications, and
Technology; Tourism and
Hospitality; Manufacturing have
recorded strong growth rates and
are growing steadily.
“Some of the data that has
come in 2022 does not suggest
that we are slowing down. I
Nigeria: Africa's most
populous country has a property
to income ratio of 16.11%, even
an affordability index 0.31%. In
the commercial capital of Lagos,
a one-bedroom apartment in the
city centre could go for as high
as $1,567 per month. Meanwhile,
the average net salary in the city
is $232.93.
Morocco: Morocco has a
property price to income ratio
of 12.60% and an affordability
index of 0.98. In the centre of the
country's capital city of Rabat, a
one-bedroom apartment goes for
an average of $469.49 per month.
Meanwhile, the average net
salary in the city is $429.62.
Egypt: Egypt has a property
price to income ratio of 12.04%
and an affordability index of
0.61%. A one-bedroom apartment
in Cairo's city centre goes for an
average of $225.40 per month.
Meanwhile, residents in the city
earn an average monthly net
salary of $258.89.
believe, if we were to choose
between growth and inflation,
the policy priority should be
managing the pace at which
prices are increasing”, he added.
The Ghana Statistical
Service (GSS) report on the Gross
Domestic Product for 2020 and
2021 shows that the economy
has expanded more than was
anticipated.
According to the GSS data
released on April 20, 2022, real
GDP expanded by 7 percent in the
fourth quarter of 2021 compared
to the 4.3 percent growth
recorded in the corresponding
period of 2020. Similarly, non-oil
real GDP in the fourth quarter
of 2021 expanded by 7.6 percent
compared to 5.7 percent for the
same period in 2020.
Tunisia: Tunisia has a
property to income ratio of
11.75% as well as an affordability
index of 0.61%. In the centre of
Tunis, a one-bedroom apartment
could go for $228.95 per month.
The average monthly net salary
in the city is $271.59.
Mauritius: This island
nation has a property to income
ratio of 9.71% and a property
affordability index score of
0.61%. At the centre of Port Louis,
the country's capital, a onebedroom
apartment can go for
an average rental price of $393.97
per month. The average salary is
$455.
South Africa: SA has a
property to income ratio of
3.07% and an affordability
index of 2.93%. At the centre of
Johannesburg, a one-bedroom
apartment can go for $422.94 per
month. Meanwhile, the monthly
net salary is $1,535.73.
Ghana's economy growing strongly,
data suggests fast pick-up – Governor
On an annual basis, the
provisional real GDP growth for
2021 showed a positive outturn
of 5.4 percent, exceeding the 4.4
percent 2021 projected outturn by
1 percentage point and the Sub-
Sahara Africa average growth by
0.9 percentage point.
An indication that the
economy is on the rebound post
the COVID-19 pandemic, which
saw a revised growth rate of only
0.5 percent in 2020.
The non-oil real GDP
according to the GSS data has
also expanded from 1.0 percent in
2020 to 6.9 percent in 2021 - the
highest non-oil real GDP growth
rate since the rebasing was done
in 2013 - exceeding the target of
5.9 percent for the period.

DAILY ANALYST
Friday, 20th May, 2022 Page 11
Sports
Carlo Ancelotti is hopeful
that Gareth Bale
will get the send-off
his Real Madrid career
deserves when the
Wales international takes in a
final fixture with the club at
Santiago Bernabeu on Friday.
A man that arrived in Spain
as the most expensive player in
world football during the summer
of 2013 has enjoyed plenty of
highs with the Blancos – including
three La Liga title triumphs
and four Champions League
successes – but there have been
as many lows.
Bale’s struggles for form and
fitness in more recent times
have led to questions of his
commitment to the cause, with
a loan spell taken in back at Tottenham
in 2020-21, and he has
been jeered on a regular basis
as he prepares to become a free
agent in the summer.
Will Real Madrid supporters
give Bale a good send off?
It remains to be seen what
the future holds for Bale, who
is expected to play on at just 32
years of age, and Ancelotti wishes
him well ahead of a last home
date with Real Betis.
The Blancos boss has said:
“It's not important if he plays,
what's important is Bale is a part
of the history of this club.
“He'll always be in the memories
of Real Madrid fans. He has
written some great chapters, we
Ancelotti wants
good Bale send
Madrid boos
have to recognise that.”
What has Bale achieved at
Real Madrid?
After being snapped up
from Spurs, Bale hit the ground
running in Madrid to register
22 goals in his debut campaign
– including memorable efforts
in victorious Copa del Rey and
Champions League finals.
He has gone on to pass 250
appearances for Real and 100
goals and is one of the most
successful British imports to
Europe.
Alongside his domestic and
continental crowns, Bale has
also won the UEFA Super Cup
and FIFA Club World Cup on
three occasions apiece while in
Spain.
A collection of 15 trophies
across nine years suggests that
he has been a success story, but
only seven appearances have
been taken in this season and
there is no guarantee that he
will figure against Betis.
He is also likely to miss out
on a place in Ancelotti’s plans
for the 2022 Champions League
final, as Real prepare to rekindle
old rivalries with Liverpool.
Bale netted a stunning brace,
including a remarkable bicycle-kick
effort, the last time that
the Blancos faced the Reds in
a European showpiece back in
2018 and will be desperate to bid
farewell in style on May 28.
Ghana-South Africa decider
appointed for 2022 World Cup
Ndiaye Maguette,
the Senegalese
referee who was
at the center of
controversies during
Ghana's World Cup qualifier
against South Africa, has been
included in the list of referees to
officiate at the 2022 FIFA World
Cup
Ṁaguette who was later
vindicated by FIFA; became
topical after awarding Black
Stars a penalty in their decider
against Bafana Bafana in
November 2021.
His name was included in the
World's football governing body
official list released on Thursday,
May 19, 2022, with 36 referees, 69
assistant referees, and 24 video
match officials (VMOs) from six
confederations have been named
for the tournament.
The 35-year-old is set for his
first World Cup tournament after
appearing on the list.
Alongside Maguette, six
African officials were named
on the list, including Bakary
Gassama from the Gambia,
Mustapha Ghorbal from Algeria,
Salima Mukansanga from
Rwanda, Victor Gomez from
Eintracht Frankfurt
present Europa League
trophy to Tony Yeboah
2022 UEFA Europa League
winners, Eintracht
Frankfurt have
presented their trophy
to Anthony Yeboah and
other legends of the club after
their victory on Wednesday, May
18, 2022.
Eintracht Frankfurt defeated
Scottish club Rangers 5-4 on
penalties to win the Europa
League thus ending their 42-year
South Africa, and Janny Sikazwe
from Zambia.
All six referees officiated at
the 2021 African Cup of Nations
held in Cameroon.
Only two of the
aforementioned names have
officiated at the World Cup before,
that is Gassama and Sikazwe.
Gassama,43, made his World
Cup debut in 2014 when he
officiated Group B clash between
Netherlands and Chile. Whereas
Sikazwe, 42, made his debut in
wait for an European trophy.
Anthony Yeboah and other
legends of Frankfurt were at the
Estadio Ramón Sánchez Pizjuán
in Sevilla in Spain to witness
their club's victory in European
football and they were given the
honour to hold the trophy.
The German club beat Rangers
5-4 on penalties after a 1-1 draw
in 120 minutes of action to win
their first European trophy after
2018, officiating two games in the
group stages, Belgium against
Panama and Japan against
Poland.
Also, 8 assistant referees were
named on the list, taking Africa's
total to 14 referees.
Africa will be represented by
five countries including Ghana,
Tunisia, Senegal, Cameroon, and
Morocco.
The 2022 edition of the World
Cup is scheduled to start from
November 21 to December 18.
42 years.
Anthony Yeboah was a cult
hero in Germany for Frankfurt
from 1990-1995 after scoring 68
goals for the German club in 123
appearances.
He also won the top scorer's
award on two occasions (1992/93
and 1993/94) before leaving to
join Leeds United in the English
Premier League.