Hot!
Register with Data Protection Agencies to protect customers…Glydetek Group CEO tells Financial Institutions
The Chief Executive Officer of the Glydetek Group Limited, an institution that provides banking services to financial institutions, Mr Justice Adade has called on financial institutions, especially cooperative unions to register with Data Protection Agencies in the country to protect their customers’ confidential information to prevent fraudsters from attacking them.
According to him, even though technology was necessary to advance the work of financial institutions, it was important that they become aware of the many fraudsters who have emerged and using all means to defraud customers in the country and around the world.
“It is good for the financial institutions to embrace technology or digitization to enhance their work in this era of technological advancement, but it is also necessary they adopt all means to protect customer data to prevent these fraudsters from reaching them,” he said.
Mr Adade was speaking at the 2022 Annual glGeneral Meeting of the Cocoa Research Co-operative Credit Union (CRCCU) Limited held over the weekend on the theme: “Digital, Technology for Financial Institutions.”
The meeting which brought together members of the Cooperative Union, was purposed to enable the board to give an account of their activities, over the period under review to members and assess challenges, achievements and way for forward.
Mr Adade noted that even though technology came with it challenges such as encountering fraudsters, it would be expedient that co-operative unions join the digitization agenda by embracing technology to enhance their work.
He said banks in the country have currently embraced technology as well as other financial institutions, adding that the cooperatives should not allow themselves to be left out.
“Rather do everything possible to protect your customers’ data and educate them on ensuring that they do not share confidential information with people outside the bank,” he reiterated.
He expressed worry over some customers who still preferred the traditional way of banking where they preferred to use the banking halls, indicating that technology has brought about mobile banking services that they could embrace to cut cost of money, time, and transportation in transacting business with the banks.
He said benefits including convenience, safety for customers as well as wider outreach, liquidity growth and increase in liquid margins for the banks would be achieved and added that it would make life easier for both customers and the banks.
For his part, the Chairman for the CRCCU, Mr George Akumfi Ameyaw stated that the cooperative has intended to go digital to enjoy the benefits that come with digitization and hence have started mobile banking services which was being offered to customers who cannot patronize the banking hall or would want to do transactions at the comfort of their homes.
He congratulated the board and members for their cooperation over the year under review and revealed that membership has grown to 3,014 members in 2022 from 2,211 members in 2021, indicating a growth of about 36 percent and revealed total assets of the co-operative has increased to GH26 million as at December 2022 from GH21 million in 2021.
From Ama Tekyiwaa Ampadu Agyeman, Tafo
The spokesperson for Dr. Bawumia, Dennis Miracles Aboagye, has criticised the implementation of the NDC government’s No Fee Stress policy, arguing that the programme has failed to deliver on its core promise.
According to him on Starr fm, the policy, which was introduced to ensure stress free payment of fees for level 100 tertiary students, has rather turned into what he described as post stress support.
He explained that students are required to pay their fees first before applying for reimbursement, a situation he believes defeats the purpose of the policy.
He questioned claims by government officials that the policy has been successful and that citizens are happy.
In his view, such claims do not reflect the lived realities of many Ghanaians. He stressed that while some people may appear satisfied, many others continue to struggle.
Dennis Miracles Aboagye pointed to the situation of trained teachers and nurses who have been picketing for nearly six months, demanding employment.
He noted that government responses suggesting it cannot accommodate all of them contradict claims of economic stability.
He further argued that economic indicators such as a stable currency mean little to people who are unable to secure jobs or access promised support.
He observed that telling an unemployed teacher or a struggling student that the cedi has strengthened does not address their immediate challenges.
On the issue of tertiary education, he maintained that no level 100 student benefited from stress free fees in 2025, despite the policy being announced.
He added that in 2026, students have already reported to school without receiving the promised support.
He insisted that asking students to pay fees first and seek reimbursement later amounts to support after hardship, not stress free education.
According to him, this approach goes against what was promised during the policy announcement.
Dennis Miracles Aboagye questioned why a government that presents the economy as strong is unable to fulfil what he described as simple and clear promises.
He added that there is a fundamental problem with the way the economy is being managed and indicated that he is prepared to explain his position further.
By: Jacob Aggrey
Dancehall musician Shatta Wale has issued a strong public statement calling for an end to what he describes as continuous attacks on his brand, following an apology from media commentator Awal Mohammed.
In the statement, Shatta Wale acknowledged the apology but stressed that persistent criticism and what he sees as deliberate attempts to damage his image must stop.
He noted that for many years, he has spoken for the streets, the youth, and people who feel ignored by society, while also promoting Ghana on the global stage and creating jobs through his work.
He expressed concern that some media personalities, commentators, and influential figures continue to target his name unfairly.
According to him, the issue goes beyond music and touches on respect, fairness, and national maturity.
The musician warned that continued disrespect toward voices that represent ordinary people could have wider consequences.
He emphasised that the Shatta Movement remains strong and organized, and that the patience of the masses should not be taken for granted.
He added that if systems continue to fail the people, they have the ability to organize politically through numbers and truth, not violence or hate.
Shatta Wale clarified that his message was not a threat but a reminder of reality, stressing that attacking a symbol that represents millions of people can have social, cultural, and democratic effects.
He called for respect, fairness, and unity, saying the voice of the people will always rise.
The statement comes after Awal Mohammed recently described Shatta Wale fans during a public discussion as junkies.
The comments triggered backlash from fans of the musician, prompting Awal to later issue an apology.
By: Jacob Aggrey
