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Showing posts from September, 2017

Helping yourself by helping others

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Joycelyn with some OLAF beneficiaries Joycelyn Siaw , Founder of One Life Aid Foundation shares how her circumstances inspired her to become a philanthropist. Running a non-profit organization is a passion I have nurtured while growing up. It is something I love to do with all my heart. At the core of what I do is a personal inspiration that I put in a quote: “Helping others make a difference in their lives is how we make a difference in our own lives.”   This is what drives me to look out for the less privileged children, women and youths in the rural communities in my country in the area of education and health. Aside this, is my passion to write books and songs. I come from a humble beginning. My mother left me at the age of three years and relocated to another place. My family didn’t have everything but we were happy as my Grandfather did his best to cater for our educational needs. He always inspired me to learn hard and would always give me a bottle of coca co...

NIC confirms UT Life's ownership

The National Insurance Commission (NIC) has confirmed that the takeover of UT Bank by GCB would as announced by the Bank of Ghana on Monday 14 August 2017, does not affect UT Life insurance as it is owned and controlled by Leapfrog Investment. According to the commission, the acquisition of UT Life by Leapfrog was finalised in December 2015 with Leapfrog having around 84% stake in the business. The Commission stated that although the Insurance Act requires that all insurance and reinsurance companies meet a minimum capital requirement of GH¢15 million, UT Life Insurance is currently capitalized in excess of GH¢30 million with a capital adequacy ratio of 329%. In an interview, the Deputy Commissioner of Insurance , Mr. Simon. Nero Davor was emphatic that UT Life Insurance has a very strong financial position and would in no way be affected by the takeover. “The two companies, UT Bank and UT Life Insurance have separate ownership, in fact in our books at the NIC, Leapfrog is ...

President Akufo Addo pays tribute to Paapa Yankson

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President Nana Addo Dankwa Akufo – Addo has paid glowing tribute to the late Paapa Yankson describing him as a pillar of the Ghanaian music industry and an icon who has served the nation very well. This was at a meeting with a delegation led by the Minister of Tourism, Arts and Culture, Catherine Abelema Afeku comprising Paapa Yankson’s family members and the leadership of the Musicians Union of Ghana (MUSIGA). President Akufo – Addo assured the delegation of the state’s support in the funeral to ensure that Paapa Yankson receives the fitting funeral he deserves. He indicated that the funeral should be held at the forecourt of the State House. The President also expressed his condolences to the wife and family of the late highlife legend. Madam Afeku briefed the President on the purpose of the visit and the head of Odomna Ebusua, Nana Akom Ogyeanda I informed the President that the final funeral rites are scheduled for October 21 and 22, 2017. Nana Kwame Ampadu in his st...

Zylofone Media to collaborate with MUSIGA

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Zylofone Media has announced that it will collaborate with the Musicians Union of Ghana (MUSIGA) on a number of projects for the development of the music industry in Ghana. The Head of Communications of Zylofone Media, Samuel Baah Atuobi aka Sammy Flex said this when the leadership of the MUSIGA paid a courtesy call on the media organisation. According to Sammy Flex, the projects are Kumi Guitar and the Legends annual concert and a series of educational programs for players in the music industry. He indicated that these are some of the projects which Zylofone Media intends to use to engage key industry players like MUSIGA. With regards to welfare issues, Sammy Flex expressed the preparedness of Zylofone to engage MUSIGA in practical ways of supporting the Union’s Ageing Musicians Welfare Fund (AMWeF). The President of MUSIGA congratulated the C.E.O of Zylofone Media Nana Appiah Mensah for his bold initiative and investments in the creative arts in general and the music i...