ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Medical Properties Trust, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MPW

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Medical Properties Trust, Inc. (“MPT”) (NYSE: MPW) between March 1, 2022 and February 22, 2023, both dates inclusive (the “Class Period”), of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased MPT securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the MPT class action, go to https://rosenlegal.com/submit-form/?case_id=12794 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 12, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: Throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Prospect Medical Holdings, Inc. (“Prospect”), which is MPT’s third largest tenant and leases and operates 13 of MPT’s facilities, was facing significant pressures affecting the profitability of its Pennsylvania properties; (2) as a result, there was a significant risk that Prospect would be unable to meet its rental obligations owed to MPT; (3) “given the elongated timing of the Pennsylvania recovery,” the Company was reasonably likely to record an impairment charge to the real estate value of the Pennsylvania properties; and (4) as a result of the foregoing, defendant’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the MPT class action, go to https://rosenlegal.com/submit-form/?case_id=12794 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8837648

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Marathon Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MARA

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm reminds purchasers of the securities of Marathon Digital Holdings, Inc. (NASDAQ: MARA) between May 10, 2021 and February 28, 2023, both dates inclusive (the “Class Period”), of the important May 30, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Marathon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Marathon class action, go to https://rosenlegal.com/submit-form/?case_id=3108 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 30, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding Marathon’s business, operations, and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) Marathon overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting; (2) as a result, Marathon’s revenues and cost of revenue were materially misstated during the Class Period; (3) the foregoing, once revealed, was reasonably likely to have a material negative impact on Marathon’s financial condition; and (4) as a result, Marathon’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Marathon class action, go to https://rosenlegal.com/submit-form/?case_id=3108 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8837636

MONDAY DEADLINE ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages Signature Bank Investors With Losses in Excess of $1 Million to Secure Counsel Before Important May 15 Deadline in First Filed Securities Class Action Commenced by the Firm – SBNY, SBNYP

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Signature Bank (OTC: SBNY, SBNYP) between March 2, 2023 and March 12, 2023, both dates inclusive (the “Class Period”), of the important May 15, 2023 lead plaintiff deadline, in the securities class action commenced by the Firm.

SO WHAT: If you purchased Signature Bank securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Signature Bank class action, go to https://rosenlegal.com/submit-form/?case_id=12988 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 15, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) Signature Bank did not have the strong fundamentals that it represented itself as having in the days immediately prior to its takeover, or otherwise took action that left it susceptible to a takeover by the New York Department of Financial Services (“DFS”); (2) as a result, it became a target for regulatory action by the DFS, and (3) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Signature Bank class action, go to https://rosenlegal.com/submit-form/?case_id=12988 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8837604

The Coretec Group to Host a Shareholder Call on May 18 to Provide an Update on its Endurion Battery Development Program for Electric Vehicles

The Company will update its shareholders on its Endurion battery program, discuss the importance of its latest provisional patent, and outline objectives through the rest of 2023

ANN ARBOR, Mich., May 11, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, will host a shareholder call at 10:00 a.m. EST on Thursday, May 18, 2023, to discuss the achievements and progress of its Endurion battery program, while also providing insights into the innovation and commercialization goals the Company seeks to achieve throughout the rest of the year.

Endurion applies the Company’s expertise in silicon nanoparticles to the development of silicon anodes for lithium-ion batteries that charge faster and last longer than the current industry standard. On the call, the Company will discuss the significant progress Endurion has made in recent months, as well as the strategies intended to commercialize its product. These efforts include R&D, developing key partnerships with industry players, and the importance and capabilities of its recently-filed provisional patent. The patent identifies three distinct strategies to extend the life and increase energy density of lithium-ion batteries, with an emphasis on manufacturing scalability.

The Coretec Group will also review other 2023 milestones and events, including hosting an EV industry panel discussion with peer companies, Graphex Group and Blink Charging. Company scientists have also spent productive time attending key industry conferences, such as JCESR and NAATBatt, where they liaised with and learned from many of the brightest minds in the battery sector. The Company worked with outside battery labs, including the University of Michigan Battery Lab and Polaris, where they collaborated with in-house battery development teams on vital new strategies for Endurion.

Chief Executive Officer Matthew Kappers, Chief Technology Officer Dr. Ramez Elgammal, Ph.D., and VP of Partnerships & Development Dr. Michelle Tokarz, Ph.D., will discuss the company’s recent achievements and future plans, in addition to answering questions submitted from the investment community and news media.

To submit questions for the hour-long shareholder call, please send an email to IR@thecoretecgroup.com by 5 p.m. EST on Tuesday, May 16, 2023.

Participants/Audience

Webcast link: https://edge.media-server.com/mmc/p/wd27fpuz
Call link: https://register.vevent.com/register/BIbf6737c841ee42a9b25a7b1291cf013b
Canada dial-in number (Toll Free): 1 833 950 0062
Canada dial-in number (Local): 1 226 828 7575
United States: 1 844 200 6205
United States (Local): 1 646 904 5544
All other locations: 1 929 526 1599
Access code: 642462

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan-based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company’s current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium-ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy-focused products, including solid-state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group’s groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast-paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward-Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward-looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916-0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669-6818

GlobeNewswire Distribution ID 8837706

South Africa Summons US Ambassador Over Russia Weapons Row

A war of words is brewing between the U.S. and South Africa after the U.S. ambassador to the country said he would “bet his life” on U.S. intelligence that South African weapons were loaded onto a Russian vessel when it docked at a Cape Town naval base in December. The South African government hit back, saying that while it would investigate the matter, the U.S. ambassador’s remarks had “undermined” the relationship between the two nations.

Pretoria summoned U.S. Ambassador Reuben Brigety on Friday, amid a diplomatic spat that has put relations between the two friendly nations at their lowest ebb in years.

After the meeting, South Africa issued a statement saying that Brigety “admitted that he crossed the line and apologized unreservedly to the government and the people of South Africa.”

Brigety later said via Twitter: “I was grateful for the opportunity to speak with Foreign Minister Pandor this evening and correct any misimpressions left by my public remarks.”

The demarche was issued after Brigety’s extraordinarily strident comments to South African media on Thursday in which he said the U.S. had observed South African weapons being loaded onto a Russian vessel, the “Lady R,” which docked at the port of Simon’s Town in Cape Town between December 6 and December 8 last year.

He said it showed South Africa was not neutral on the Ukraine conflict as Pretoria has always claimed.

“The arming of Russia, by South Africa, with the vessel that landed in Simon’s Town, is fundamentally unacceptable,” he said. “We are confident that weapons were loaded onto that vessel, and I would bet my life on the accuracy of that assertion.”

The South African government seemed caught by surprise by the ambassador’s comments, responding hours later that they were setting up an independent investigation into the matter led by a retired judge.

But Vincent Magwenya, a spokesman for President Cyril Ramaphosa also hit back at Brigety’s remarks, saying the U.S. and South Africa had already discussed the matter privately.

“It is, therefore, disappointing that the U.S. ambassador has adopted a counter-productive public posture that undermines the understanding reached on the matter,” Magwenya said.

A spokesman for the Department of International Relations and Cooperation said Friday that minister Naledi Pandor would also be speaking to her U.S. counterpart, Secretary of State Antony Blinken.

However, Kobus Marais, shadow defense minister for South Africa’s main opposition Democratic Alliance said the U.S. accusations were “deeply concerning.”

“If these allegations are indeed true it would be a gross violation of South Africa’s international obligations and a betrayal of the trust of our most important trade and investment allies,” Marais said.

There have long been questions surrounding why the ship docked in Cape Town last year.

Despite western efforts to get Pretoria’s support for Kyiv since the Russian invasion began last year, the South African government has maintained friendly relations with Moscow.

The country’s foreign minister held bilateral talks with Russian Foreign Minister Sergey Lavrov earlier this year and – despite U.S. consternation – hosted Russian war ships in February for joint military exercises.

Steven Gruzd, a Russia expert at the South African Institute of International Affairs, told VOA that Pretoria could face economic fallout from its stance.

“South Africa is jeopardizing its access to the American market through something like the African Growth and Opportunity Act, those privileges would be revoked and then there would be real economic costs,” he said.

South Africa also has invited Russian President Vladimir Putin to attend a summit in the country in August, despite the fact there’s an arrest warrant out for him by the International Criminal Court and Pretoria is a signatory to the court.

If he shows up, South Africa is legally obliged to arrest him. This has led to calls by some within the ruling party to look into restructuring the agreement with the ICC.

Source: Voice of America

Somalia’s Hope for Debt Relief Under Threat, Experts Warn

A renewed political dispute between the federal government of Somalia and the Puntland federal member state, and a failure of the fragile reforms to boost revenue collection and fiscal transparency, could endanger Somalia’s hope for full debt relief from the International Monetary Fund and other multilateral lenders by the end of the year, officials and experts warn.

“Strengthening fiscal transparency is a requirement for Somalia to secure not only debt forgiveness but also more loans from the International Monetary Fund,” said Hussein Abdikarim, Somalia’s former presidential adviser.

“If Somalia fails to continue the steady progress it has made so far on its financial reforms, it could lose hope of paring its debt to around $550 million from $5.2 billion by 2023,” he added.

In February 2020, the executive boards of the IMF and the World Bank announced that Somalia was eligible for debt relief following economic and institutional reforms.

In October 2022, the IMF said its staff reached a staff-level agreement with Somalia that would allow the release of $10 million to the East African country, once reviewed and approved by the board.

Economic and financial experts are concerned about challenges that could reverse the hard-earned gains of the poor and heavily indebted tiny horn of Africa Nation.

“Lack of competitive procurement, lack of agreement(s) between the levels of government and its federal member states on fiscal federalism, and lack of transparency in several oil and gas deals are the main current challenges that could jeopardize and hinder Somalia’s progress towards winning reliable financial credibility,” Hussein Siad, an independent economic consultant and Somalia’s former vice minister of finance, told VOA in a phone interview.

“A government cannot work without the necessary mechanisms to operate, including laws, regulations, manuals and trained or skilled staff members that can implement government policies,” Siad said.

The debt owed by Somalia to external creditors is estimated to be more than $5 billion. Somalia owes the single biggest debt — $1 billion — to the United States.

Countries that become eligible for the Heavily Indebted Poor Countries (HIPC) Initiative of the IMF and World Bank have to commit to economic and financial reforms, as well as poverty reduction and political stability.

Corruption

In response to the concerns, Somali President Hassan Sheikh Mohamud on Thursday signed a set of anti-corruption directives aimed at boosting the legitimacy and credibility of the country’s financial institutions, a government statement said.

In the early morning Cabinet meeting, Somalia’s Council of Ministers approved the anti-corruption directives before the president endorsed them.

Reading a statement, government spokesman Farhan Jimale said, “The key directives, eight in number, included combating corruption, fostering accountability, strengthening public financial management systems and meritocracy, as well as improving the efficiency and effectiveness of government institutions.”

The statement also said, “The announced steps seek to increase transparency and accountability through financial disclosures by public officials, enhanced enforcement capacity, and expanded merit-based recruitment.”

The IMF’s board is expected to review the staff-level agreement reached with Somalia in early December.

Mohamud has urged an immediate implementation of the directives.

In 2019, his predecessor, Mohamed Abdullahi Mohamed, signed the country’s anti-corruption bill into law, but critics say the implementation of the law has been a challenge.

The nonprofit Transparency International ranks Somalia as one of the most corrupt countries in the world.

In its 2022 Corruptions Perceptions Index, Transparency International put Somalia at the bottom, saying, “Along with constant violence, Somalia’s President Hassan Sheikh Mohamud dissolved two very important anti-corruption bodies with a ‘wave of the hand’ decree.”

According to Somalia’s Criminal Code, active and passive bribery, attempted corruption, extortion, bribing a foreign official and money laundering are crimes.

“The debt relief is a big hope for Somalia to reclaim its financial position within the international community and allows our country to rejoin global economy after a 30-year exile,” a senior government economist told VOA on the condition of anonymity because he was not authorized to speak.

The official said if corruption and unnecessary political disputes remain, Somalia will miss a golden opportunity to clear its debts.

Somalia’s outlook remained clouded, with GDP growth for 2022 projected at 1.9%, down from 2.9% in 2021, and inflation projected to reach 9% from 4.6% in 2021, the IMF said.

Political dispute

The concerns grew following tension over a long-simmering dispute between the leaders of the federal government of Somalia and the northeastern semi-autonomous region of Puntland.

For months, Puntland has been reluctant to collaborate with the federal government on national issues, including debt relief programs, accusing Mogadishu of refusing to share power and foreign aid with the regions in line with the country’s federal system.

The political dispute took a turn for the worse this week when the leaders exchanged strong verbal accusations.

Puntland President Said Abdullahi Deni on Tuesday accused Mohamud and Somali Prime Minister Hamza Abdi Barre of “attempting to destabilize the relatively stable region.”

“The president and his prime minister have agreed to refuse the Puntland democracy and its willingness to hold one man, one vote elections,” Deni told his supporters.

Deni’s accusations came a day after Barre accused Puntland of jeopardizing the country’s debt relief efforts.

“Somalia’s debt relief program is in danger because Puntland has been refusing to participate in national meetings on the issue,” Barre warned. “If this fails because of Puntland, it will be a black scar on Puntland’s history, and its leaders will be responsible.”

Source: Voice of America

Ampem Darkoa crowned champions of 2022/23 Women’s Premier League

Ampem Darkoa Ladies have been crowned champions of the Malta Guinness Women’s Premier League for the second time in a row after beating rivals Hasaacas Ladies 5-3 on penalties at the Dr. Kwame Kyei Sports Complex on Friday.

Hasaacas Ladies after all efforts could not erase the disappointment of last season’s final loss as they missed out on the journey to represent Ghana on the continent.

Doris Boaduwaa scored a goal of sheer brilliance in the 61st minute of the game to give the Hasmal ladies the lead while Ophelia Amponsah also responded with a late strike for the Techiman based club.

It was an intense rainy atmosphere at the football capital which witnessed hundreds of fans troop in to catch a glimpse of the most anticipated clash between two of Ghana’s best female sides.

The early minutes of the game saw Hasaacas Ladies try to break the deadlock with Doreen Copson, Mary Opoku and Doris Boaduwaa teaming up to torment the defense of the defending champions.

Prolific striker, Mary Amponsah was impressive upfront keeping the backline of Hasaacas Ladies on their toes with her quick runs and skillful play, alongside Elizabeth Owusu who was also a threat to the Southern Zone champions.

The four-time winners nearly got the opener in the 23rd minute as Boaduwaa failed to beat shot-stopper Ishetu Fatawu who managed to cement the goalpost to keep Ampem Darkoa in the game.

The first 45 minutes of the game ended barren in Kumasi after all efforts by both sides failed.

Coach Basigi’s charges stepped things up a gear when they headed back out after the break with some superb build up to send a sign of revenge to their opponents who were still struggling to get themselves into the game.

Ampem Darkoa played more defensively, clearing their lines to prevent Hasaacas from finding the net with Mavis Owusu acting as an obstacle in the 18-yard box.

Minutes after knocking, It was Boaduwaa who managed to break the virginity of the game with a beautiful header 60 minutes on the clock to give the Hasmal Ladies a 1-0 lead.

The defending champions, after conceding, came all out to grab an equalizer but did not get any response as Hasaacas Ladies goalkeeper, Grace Buoadu came to the rescue of her side with some impressive saves.

The excitement and chants from the Hasaacas fans came to a halt immediately Ophelia Serwaa Amponsah bypassed her maker with her skillful and energetic display to grab an equalizer for the champions in the 84th minute of the game.

Ampem Darkoa right after grabbing that all-important equalizer continued to wrestle for a winning goal leaving no stone unturned with long range shots, but were unsuccessful as the game went into extra time after 90 minutes of exciting play.

An additional 30 minutes of extra time was not enough as both sides could not grab a winning goal, ending in penalty shootouts.

For the Sekondi side, a season that promised so much ends heartbreakingly trophyless.

Ampem Darkoa would be given a cash prize of GH50,000 while Ampem Darkoa would also receive GH30,000.

Source: Ghana News Agency

Let’s strengthen countervailing forces to check bad leadership – Prof Adei

Professor Emeritus Stephen Adei, former Rector of Ghana Institute of Management and Public Administration( GIMPA), has called for the strengthening of countervailing forces to check bad leadership in the country.

He called for a serious comparative analysis of people who put themselves up for Presidential candidacy in terms of their agenda, their potential cabinet and appointees, as well as their track record.

‘We must strengthen not only the supply of good leadership but the demand for it. Demand for good leadership, which, by the way, is a high-risk business, is a must,’ he said.

Prof Adei who is also a former Director General of the National Development Planning Commission, said this at the maiden inaugural Mamphey-Hammarskjold lecture in Accra, organised by the GIMPA.

The lecture was on the topic :’The Linchpin Role of Political and Public Sector Leadership in the Rise and Fall of Nations: Lessons for Ghana’.

GIMPA was established to equip public administrators during the First Republic in 1961 under President Dr Kwame Nkrumah with technical assistance from the United Nations when the United Nations Secretary-General was Dag Hammarskjöld.

Mr E. V. Mamphey (1965-1968) was the first Ghanaian to direct the Institute after the founding Indian expatriate head, Mr. S. B. Bapat, left in 1965.

‘The academia, the Church, think tanks, the middle and upper classes, as well as business owners, cannot forever sit on the fence and endure bad leadership.

The price for continued acquiescence may be much higher than a ‘haircut’, he said.

He said the country needed to take a critical look at its national values and educational system, specifically the early inculcation of values such as integrity, discipline, patriotism, a good work ethic, and meritocracy, to improve the stock of future development leaders.

Prof Adei stressed that parents were likely to introduce their children to cheating in examinations at the Basic Education Certificate Examination level even before the West Africa Senior School Certificate Examination.

‘At tertiary institutions, student leadership and membership in TESCON and TEIN have become the fastest way to join the corrupt and bureaucratic classes, and we should all be concerned,’ he said.

Prof Adei stated that leaders must be forced by public opinion to model right behaviour, to avoid instances of corrupt people living above their means.

‘We must follow the example of countries like Singapore, where people living a lifestyle beyond their means are presumed corrupt unless they can justify their means,’ he added.

He said the biggest constraint in getting ‘good’ people to become leaders was the corrupt process of choosing political leaders, whereby corruption and money rule at the party level.

‘There is ample and widespread evidence of parliamentary and other political aspirants distributing significant amounts of cash, bags of rice, 32 inch TVs, and the like to hundreds of delegates prior to the election in exchange for their votes,’ he said.

He called for constitutional review to mitigate the excesses of bad leadership, saying ‘a good leader has no ‘winner takes all’ mentality in their agenda and will not appoint people on the basis of being friends, family, or party members in disregard of merit.’

He called for continuous capacity building for service leaders and a more rigorous performance appraisal and reward system linked to the performance of civil and public servants.

Mr Charles Abani, UN Resident Coordinator, said, the United Nations was instrumental in the set-up of the institute after independence, when it became imperative for the nation to build and have an excellent corps of public and civil servants.

He encouraged GIMPA to explore, through the UN Global Compact, the possibility of tapping into the opportunities of UN-supported initiatives that equipped business students with the understanding and ability to deliver change.

Prof Samuel Bonsu, Rector of GIMPA assured the public that the Institute was well positioned to be a leader in developing the next generation of leaders to support development.

Source: Ghana News Agency