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Here Is A Recap Of Everything You Missed From Day One & Two Of MTN Open Coffee.

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MTN Ghana as part of the initiative to empower the creative industry on Monday, 3rd September started the four day workshop for industry people to address topics such as digital journalism, intellectual property rights and basics in film making.

The event which is being help at the MTN House in Ridge, Accra is currently in its 3rd day and has seen an overwhelming participation from industry players who matter, people from academia, relevant media houses and expects who have taken their turns to share experiences and enlighten the gathering on the selected topics.

Day one, which was dedicated to digital journalism saw Maximus Ametorgoh, the Digital Lead and CEO of Popout Ghana give a sterling presentation on efficient ways of refining and enhancing digital journalism. This was followed by a panel discussion which gave participants the opening to ask questions and get understanding into the world of digital journalism and on how to monetize their editorial content.

 

The highlight of day one was when participants were divided into four groups and were given topics each to brainstorm and make a presentation on, oh boy! You will be amazed at the depth of understanding of the presentations made on the day.

Intellectual property rights as the topic for day two was thoroughly digested to the understanding of participants by Sheila Djangmah from the copy rights office.

Thematic areas on rights, who is eligible to claim ownership, how to secure or protect your intellectual property rights, how to guard against theft and undue usage and how to seek remedy when infringed upon as well as the various rights were touched on; patents, copyrights, economic and moral rights of owners of materials, products and ideas among others.

Notable faces that were a part of the discussion on day two includes Ola Michael, a filmmaker and Akorfa Edjeani an actress and a filmmaker.

The participants, after the presentation and panel discussion were divided into two groups and were given three scenario’s to examine after which group members presented their findings and solutions to the gathering amidst scrutiny from both groups and the fun of learning something new.

The Wednesday edition of the MTN Open Coffee continues, with the MTN Shortz workshop which will see discussions on the topic “basics of film making” at exactly 8 am today at the MTN House in Ridge, Accra. Speakers are Ivan Quashigah – Filmmaker, Producer, Director and CEO of Farmhouse Productions (The name behind popular youthful TV Series Yolo) and Yao Ladzekpo – Cinematographer and a Director.

This edition of the MTN Open coffee has been a great initiative to enlighten people in the arts and entertainment circle and if you are yet to be a part, you are doing yourself a great disservice. Why don’t you join this morning’s discussion and learn something new.

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Summerhill Estates Appeal To Government For Construction Of ‘Ashaiman-Nanakrom Santoe’ Road

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At a media engagement with Summershill Estates Limited to mark its first anniversary of delivering exquisite, luxurious and affordable apartments, the management appealed to Government to speed efforts at constructing the ‘Ashaiman-Nanakrom Santoe’ Road to ease the flow of people and goods on that stretch of the road network as part of Government’s promise to create an enabling business environment for the private sector to flourish.

They added that, the said road which was captured in the 2019 budget as delivered by Honorable Ken Offori-Atta the Finance Minister of the republic as part of the China Bauxite Sinohydro deal is in a bad state and has affected the smooth running of their business since its establishment a year ago.

This appeal was made by Management during a session with the media on Tuesday July 16, 2019 when a selected section of media were engaged in an interaction and a tour of the Summerhill Estate Facility as part of its One Year Anniversary celebration.

Summerhill Estates is a liability limited company which forms part of a subsidiaries of the Nananom Group of Companies headquartered in Toronto-Canada some thirteen (13) years ago. Summerhill Estates seeks to complement Government’s efforts at bridging the yawning housing deficit in the country by providing very luxurious and yet affordable housing for all and sundry. It boasts of a 54 plush apartment facility with fully furnished and fitted kitchens for short and long stays without having to make lump sum initial deposits.

The business concept is said to have been premised on the Group CEO and Chairman’s (Dr. George Obeng) quest to make home so available to all levels of the society.

Check out photos of Summerhill Estate Ltd located at East Legon Hills on the ‘Ashaiman-Nanakrom Santoe’ Road.

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KPMG Plots Sale Of Pensions Arm.

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Big Four auditor, Klynveld Peat Marwick Goerdeler (KPMG) is exploring a sale of its British pensions advisory business.

The division – which is one of the largest working in this sector in the UK with £50billion of assets under advice – counsels pension funds and other major investors about where they should put their money. It has approximately 450 staff.

City sources claim the pensions arm could command a price tag of around £120million.

The company did not say which groups had expressed interest in buying the business. A KPMG spokesman said: ‘We have made no firm decisions over any eventual outcomes at this stage.’

a sign on the side of a building: City sources claim the pensions arm could command a price tag of around £120million
© Provided by Associated Newspapers Limited City sources claim the pensions arm could command a price tag of around £120million

The sale comes at a time when Britain’s major beancounters are wrestling with reforms of the industry after a string of high-profile accounting blunders.

The structure of auditing firms has come under scrutiny, with MPs on parliament’s business committee calling for a full-break up of the Big Four firms KPMG, PwC, Deloitte and EY.

Former London Stock Exchange chairman Sir Donald Brydon is investigating the future of auditing in a review for the Government.

Scandal-hit KPMG signed off on outsourcer Carillion’s accounts before it went bust in January 2018. It has had to pay millions of pounds in penalties for errors in the audits of major companies such as Ted Baker and the Co-Operative Bank.

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FOREIGN: Trump blasts Bitcoin, Facebook’s Libra.

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WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."

"I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air," Trump wrote on Twitter.

"If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National and International," he added.Facebook said last month it would launch its global cryptocurrency in 2020. Facebook and 28 partners, including Mastercard Inc , PayPal Holdings Inc and Uber Technologies Inc , would form the Libra Association to govern the new coin. No banks are currently part of the group. JPMorgan Chase & Co , the largest U.S. bank by assets, plans to launch its own digital coins. 

Libra logo in illustration picture
© Reuters/Dado Ruvic Libra logo in illustration picture.

Trump's comments come one day after Federal Reserve Chairman Jerome Powell told lawmakers that Facebook's plan to build a digital currency called Libra could not move forward unless it addressed concerns over privacy, money laundering, consumer protection and financial stability.

Powell said the Fed had established a working group to follow the project and was coordinating with other countries' central banks, several of which have also expressed concern about Facebook's digital currency project.

The U.S. Financial Stability Oversight Council, a panel of regulators that identifies risks to the financial system, is also expected to conduct a review.

Facebook, the White House and the Treasury Department did not immediately respond to requests for comment. A spokeswoman for the Federal Reserve declined to comment.Bitcoin , the best-known digital coin, was created in 2008 as an alternative to currencies controlled by governments and banks, but crypto trading and digital currencies remain largely unsupervised. The market has also faced allegations of money laundering and terrorist financing.

Trump's series of tweets on cryptocurrency also come on the heels of an event at the White House where the president criticized large technology companies that he said treated conservative voices unfairly.

The Internet Association, a trade group representing major tech firms like Facebook, Twitter and Google, said: "Internet companies are not biased against any political ideology, and conservative voices in particular have used social media to great effect."

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“AFCFTA To Create Investment Hub For Ghana. – Ken Ofori-Atta

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Mr. Ken Ofori-Atta, Minister for Finance, has said that Ghana’s hosting of the Secretariat of the African Continental Free Trade Agreement (AfCFTA) would create an opportunity for the country to become the trade facilitation and investment hub in Africa.

According to him, the Continental Free Trade Area, which would be the largest trading block in the world with a GDP of about US$3 trillion and 1.3 billion populations, would begin the economic emancipation of the people on the continent.

Mr. Ofori-Atta made the point in a contribution to a statement by Mr. Alan Kyerematen, Minister for Trade and Industry on the Floor of Parliament, in Accra, on the AfCFTA and Ghana’s selection to host the Secretariat.

The creation of a single continental market for Africa had long been the dream of the founding fathers of most of the major countries on the continent.

The Abuja Declaration of 1991 of the Authority of Heads of States of the Organisation of African Unity envisioned the establishment of an African Economic Community. One of the building blocks for the establishment of this community was the creation of a Continental Free Trade Area for Africa.

The realisation of the vision of a single market did not materialise until the AU Summit of Heads of States and Government in January 2012, which formally endorsed the decision to establish an African Continental Free Trade Area. Since that decision was adopted, extensive preparations and negotiation were carried out by member states, finally culminating in the historic AU Summit decision in Kigali on March 21, 2018, to formally conclude the first phase of negotiations for the Continental Free Trade Agreement.

Mr. Ofori-Atta also noted that since the days of Dr. Kwame Nkrumah and the work that he did for the OAU, now African Union (AU), the AfCFTA is the first AU organ of importance that is coming to be hosted by Ghana.

He commended the purposefulness and the unity in the approach to this by former Presidents of Ghana to make it happen, with thumbs up for President Nana Akufo-Addo for working hard to convince his colleagues’ Head of States to support Ghana’s bid.

Mr. Alan Kyerematen in briefing the House called on Ghana to leverage the opportunity to host the AfCFTA Secretariat to become the new commercial capital of Africa, a regional trade hub and economic epic-center as well as a new gateway to the continent.

He said the hosting of the Secretariat would promote Ghana as an attractive investment destination and actively facilitate foreign direct investments in the country.

He said the hosting of the Secretariat would provide opportunities to recruit many Ghanaian professionals and administrative staff to work in the Secretariat.

Mr. Clement Kofi Humado, MP for Anlo, noted that the AfCFTA was going to be a game-changer in the sense that the existing north-south trade relations where Africa trades more with Europe than among itself needed to change gradually towards trade among themselves.

He said AfCFTA would help to catalyze the already existing regional blocks and push them into action to fulfill their regional objectives.

He also lauded President Akufo-Addo, the Foreign Minister and the team for their lobbying skills to ensure that Ghana was selected to host the AfCFTA Secretariat in Accra.

(Source: GNA)

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