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MTN’S HEARTFELT GRATITUDE: FLYING LUCKY CUSTOMERS TO AFCON 2024 IN LA COTE D’IVOIRE

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MTN Ghana, the official headline sponsor of the Ghana Black Stars, has generously flown 163 lucky customers on an all-expenses-paid trip to La Côte D’Ivoire. This remarkable offer comes as a special loyalty package to selected customers. These fortunate individuals will have the unique opportunity to witness the Ghana Group matches and cheer the Black Stars to the next round. The trip is scheduled from January 13th to 23rd, 2024.

Additionally, MTN Ghana is actively engaging football fans during the AFCON 2023 through various exciting initiatives. MTN Ghana will share regular AFCON 2023 updates through the Ayoba Messaging App. Supporters are encouraged to download the Ayoba app from the App Store or Google Play to stay informed about the team’s progress and other exciting stories.
MTN Ghana, in collaboration with Max TV, will host watch parties in selected locations across the country.

These events promises to enhance viewing experiences on wide screens, complete with immersive build-up activities such as cheerleading, trivia, and the chance to win exciting prizes and souvenirs from MTN.

PENSIONERS GET 15% INCREMENT ON THEIR PENSION SCHEME

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Living Avenue GH
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The Social Security and National Insurance Trust (SSNIT) in Ghana has increased the monthly pension payments by 15% for the year 2024. This adjustment is in accordance with Section 80 of the National Pensions Act, 2008 (Act 766), and applies to all valid pensioners on the SSNIT pension payroll as of the end of December 2023.

Under the review, pensioners will experience a fixed rate increase of 10% along with a redistributed flat amount of ¢79.103. The minimum-wage pensioner will now receive GHC409.10, representing a 36.37% increase above the 2023 minimum pension payment. The highest-earning pensioner will receive GH¢186,777.58 per month.

The average monthly pension will rise from ¢1,527.29 in 2023 to ¢1,756.38 in 20245. The 15% indexation rate will result in an additional pension expenditure of ¢697.64 million, bringing the total expenditure for pensioners on the Pension Payroll as of December 31, 2023, to ¢5,387.72 million in 2024.

This decision was made in collaboration with the National Pensions Regulatory Authority (NPRA) to address the impact of rising living costs on pensioners while sustaining the scheme. The decision takes into account a forecast of a 20% wage inflation for active contributors and a 23.16% inflation rate projection for 2024.

THE BLACK STARS OF GHANA OFF TO A POOR START IN THE AFCONS

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In the first AFCON match today, the Black Stars of Ghana faced Cape Verde. Unfortunately, Ghana fell to a late defeat, with Cape Verde upsetting Ghana with a stoppage-time goal
The final score was 2-1 in favor of Cape Verde.. This result puts Cape Verde at the top of the 2023 Africa Cup of Nations Group B.

Cape Verde looked to unsettled Ghana in the first half of the match as they took the lead in the 17th minutes of the first half by Jamiro Monteiro. Alexander Djiku equalized for the black stars of Ghana from the corner through a powerful header, yet it wasn’t enough for the black stars as the cape Verdes had the last say of the match.

Garry Rodrigues scored a late-game goal for his side to side carry the day and break the heart of many Ghanaians. Ghana have a lot to do if they’re to make it out of the Group, the second match will be against Egypt on the 18, January 2024.

REAL MADRID SOURS HIGH AFTER WIN IN SPANISH SUPER CUP FINAL

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In the Spanish Super Cup match held in Saudi Arabia, Real Madrid defeated Barcelona with a score of 4-1. Vinicius Jr. played a crucial role in Real Madrid’s victory, scoring a hat-trick in the first half.

He scored twice in the first 10 minutes, putting Real Madrid in control. Robert Lewandowski pulled one back for Barcelona with a superb volley, but Vinicius converted a 39th-minute penalty to restore Real Madrid’s two-goal lead. Rodrygo then added a fourth goal in the second half.

Unfortunately for Barcelona, Ronald Araujo was sent off, further adding to their difficulties. This victory marked Real Madrid’s third straight win in El Clasico and gave them their 13th Super Cup success.

NORTH KOREA MISSILE LAUNCH

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North Korea has commenced the year 2024 with a significant show of military strength, conducting its first ballistic missile test. The test was carried out on a Sunday afternoon, marking a notable escalation in the country’s nuclear-strike capabilities.
The missile launched was an intermediate-range ballistic missile, designed to hit US bases in Asia.

This test is part of North Korea’s ongoing efforts to develop more powerful, harder-to-detect weapons designed to strike remote U.S. targets in the region. The missile was launched from North Korea’s inland area, flying on a northeast trajectory. It reached a maximum altitude of over 30 miles and had a flight distance of at least 310 miles.
The missile tested was a solid-fuel intermediate-range missile. Solid-fuel missiles are a significant advancement in missile technology. They are quicker to launch and harder to detect than their liquid-fuel counterparts.

The missile was also tipped with a hypersonic warhead, another advanced technology that North Korea has been developing.
The missile test comes amid a pledge by North Korean leader Kim Jong Un to boost the country’s nuclear-strike capabilities. This test serves as a demonstration to top cadres and the North Korean people that the country’s nuclear arsenal is making significant strides in being able to attack the US.

The test has been met with international condemnation. Japan and South Korea have strongly condemned the missile launch as a clear provocation that seriously threatens peace and stability on the Korean Peninsula. The two countries are working in close cooperation with the U.S. to analyze the launch.

The missile test marks a significant step in North Korea’s military capabilities. It serves as a stark reminder of the ongoing tensions in the region and the challenges that lie ahead in maintaining peace and stability on the Korean Peninsula. The international community will be watching closely to see how the situation develops.

US ECONOMY POISED FOR CASH BOOST

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Living Avenue GH
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The US economy is set for an unexpected fiscal boost if lawmakers back a potential deal for $70 billion worth of tax breaks for businesses and families Congressional negotiators are locked in talks over renewing expired business tax breaks and boosting the child tax credit.

The proposal will need to pass through a Congress that is deeply divided over the nation’s fiscal trajectory. If passed, the tax breaks offer a double-edged sword for an economy that appears on course for a soft landing. While the extra cash would boost consumer spending, it would also risk reigniting inflation pressures.

Data for December show that inflation picked up at the end of 2023, fueled by services costs while a decline in goods prices petered out. The consumer price index increased 3.4% in the year through December, the most in three months.

The proposed deal would revive tax breaks for research and development spending, boost the deductibility of investment, such as in equipment, and business loans. Lawmakers are discussing restricting benefits for foreign research investments in order to target the benefits to companies conducting such activities in the US.

SIX ARRESTED FOR PLOT AGAINST THE LONDON STOCK EXCHANGE

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Living Avenue GH
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The UK police arrested six activists from the Palestine Action group who were allegedly plotting to disrupt the London Stock Exchange. The police received information that the activists were planning to stop the London Stock Exchange from opening for trading by locking on to the building and causing damage.

The arrests were made in London, Liverpool, and Brighton. The individuals arrested include a 31 year old man in Liverpool, two women aged 28 and 26 in Liverpool, a 29-year-old woman in Brent, north London, a 23 year old man in Tower Hamlets, east London, and a 27year old in Brighton.

The police believe that this group was ready to carry out a disruptive and damaging stunt which could have had serious implications had it been carried out successfully. The information about the alleged plot was supplied by the Daily Express All six individuals remain in custody.

TAIWAN’S NEW DAWN: A PHYSICIAN AT THE HELM, A DRAGON AWAKENS

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The latest elected president of Taiwan is Lai Ching-te, also known as William Lai. He is a Harvard educated physician turned politician and was the vice president before his election. Lai, from the pro-sovereignty Democratic Progressive Party (DPP), won the presidential election with more than 40% of the vote. His party, however, failed to hold onto its parliamentary majority.

President elect Lai has pledged to build consensus, which may moderate some of his policy agenda. He has also stated that he is committed to protecting Taiwan from alleged threats and intimidation from mainland China. China’s reaction has been quite vocal as they framed the election as peace and war, prosperity and decline.

Beijing has repeatedly labeled Lai as a “stubborn worker for Taiwan independence” and a dangerous separatist. After the election, China dismissed the outcome, stating that Taiwan’s ruling DPP does not represent mainstream public opinion. China’s foreign ministry and its embassies around the world have condemned foreign governments that congratulated Taiwan’s DPP and its president-elect Lai Ching-te.

GHACEM FOUNDATION GOES TO THE AID OF KORLE BU

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The Ghacem Cement Foundation (GCF), as part of its corporate social responsibility, has made a significant contribution to the Oncology Unit of the Korle Bu Teaching Hospital. They have donated 3,000 bags of cement, estimated at GH¢ 250,000, through the Lifeline for Childhood Cancer Ghana to support the construction of a new ward for children battling with cancer.

The children’s cancer ward at the Korle Bu Teaching Hospital is a 24-bed ward with a daycare unit for children undergoing chemotherapy. The ward is often full, and many children await admission at the emergency room. The new building project is estimated to admit between 250–300 patients annually, which will serve as a boost in providing quality healthcare for the kids as the infection rate will be reduced.

Ghacem has also pledged a commitment to provide all the cement needed for the completion of the entire project. This gesture was warmly received by Prof. Lorna Renner, Head of the Pediatric Oncology Unit, who expressed gratitude to Ghacem for their support. She also urged the Government to include childhood cancers in the National Health Insurance Scheme (NHIS) to improve and expand access to care for the disease.

NCCE RAISES ALARM OVER VOTE BUYING IN GHANA

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Living Avenue GH
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The National Commission for Civic Education (NCCE) in Ghana has expressed concern over the deepening culture of monetisation of politics as the country prepares for the 2024 General Election. The NCCE has observed that the issue of vote-buying during elections has become not only a supply problem but voters also demanded money from politicians before they exercised their civic responsibility.

The Chairperson of NCCE, Ms Kathleen Addy, described the vote-buying phenomenon as an existential threat to Ghana’s democracy. She stated, “We are at a point where a major criterion for getting elected into public office is the candidates’ ability to dole out cash to voters. It is time to own up to this terrible practice and commit to ending it. If we don’t end it, it will end us.

She further added, “If we only elect those who can distribute hard cash and gifts, we run the risk of exposing ourselves to the dark and dirty money readily available in the world and we will sell our country to forces we cannot even begin to imagine.”

The NCCE is poised to effectively deliver on its mandate and educate citizens extensively to make informed choices in the December 7 polls. The Commission has set to operate and engage the citizenry on the theme: “Together we can build Ghana, so get involved.

Ms Addy urged voters to reject politicians that would stoke violence and appealed to politicians to put the country first in their engagements with the electorate. She also appealed to the media to refrain from using their platforms to spread misinformation, hate speech, personal attacks, and divisive utterances.

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