MASLOC Archives - Wontumi Online

16 Apr

Former MASLOC Sentenced 10 Years In Prison For Financial Mismanagement

Wontumi1Newsjail, MASLOC

Sedinam Tamakloe, former CEO of MASLOC, has been handed a 10-year prison sentence with hard labor, while Daniel Axim, former Chief Operating Officer, received a five-year sentence with hard labor. This verdict comes after they were found guilty on 78 counts, including causing financial loss to the state, theft, money laundering, and breaching public procurement laws. The trial, which commenced in 2019, saw the state presenting six witnesses. Tamakloe was tried in absentia after leaving the country for medical reasons with court permission, while Axim testified in person but did not call any witnesses. The convictions stem from various instances…

06 Jul

Let’s Leverage AfDB Funding To Secure Future Partners – MASLOC CEO

Wontumi2BusinessHajia Abibata Shanni Mahama Zakariah, MASLOC

The CEO of MASLOC, Hajia Abibata Shanni Mahama Zakariah has urged employees, stakeholders, and other aligned bodies to put in their best to leverage on the success of the AfDB funding to the institution. Hajia Zakariah said this on the sidelines of the launch of the $31.34 million joint Post COVID-19 grant by the Africa development bank and the Government of Ghana in Accra. She reiterated the need for attention to be made to ensuring that key indicators for the measurement of the effectiveness of the project is strictly adhered to maximize its full benefits. She also highlighted that the implementation of…

29 Jun

MASLOC Secures Grant To Support Its Operations

Wontumi2BusinessMASLOC

The Micro Finance and Small Loans Centre, (MASLOC) will receive support for its operations across the country from a $ 31.34 million grant from Ministry of Finance and the African Development Bank. The project which will enhance women’s access to credit, financial literacy, and information sharing, with a focus on women-led Micro, Small and Medium-Scale Enterprises (MSMEs) will shore up the institutions activities and help deliver its mandate of providing micro loans to SMEs in the country. In addition, the project will provide a credit facility to support women and youth significantly affected by the Covid-19 pandemic at affordable interest…

26 Jun

MASLOC Signs MOU With Association Of Small Small Industries

Wontumi2BusinessMASLOC

The Micro Finance and Small Loans Centre (MASLOC) and the Association of Small Industries (ASSI) have signed a Memorandum of Understanding (MoU) to strengthen their collaboration, which will serve as the foundation for MASLOC's support of ASSI. The arrangement gives ASSI access to digital credit facilities for its members, which will be provided through MASLOC. As part of the arrangement, the microfinance and small loan centre will boost its loan recovery through beneficiaries from ASSI because they are an identifiable and credible group. Furthermore, this collaboration seeks to maximize the effectiveness of both parties to effectively monitor and evaluate the…

29 Apr

After Two Terms, My Parliamentary Ambition Is Over- Nhyiaeso MP Reveals

Jackson Odom KpakpoNewsMASLOC, Nhyiaeso

The Member of Parliament for Nhyiaeso Constituency, Hon. Stephen Amoah aka Sticka, says he will not contest the Parliamentary seat in the area for more than two terms. He stressed that, only angels can change his intentions. Sticka who was speaking in an interview with Nana Konadu Abu Prah on Wontumi Radio and TV Morning Show added that, "if God does not do something spectacular, I will serve the constituents for just eight years" Hon. Stephen Amoah indicated that, he wants to leave a legacy behind. "I want to leverage and lead the constituency and make sure it is developed,"…

13 Apr

(VIDEO) Your “Stupidness” Would Take You To Nsawam- Abronye Fires Mahama’s Girl, Sedina Tamakloe

Kakra NunuFeatured, NewsAbronye, Cathedral, Ghana, John Dramani Mahama, MASLOC, Sedina Christine Tamakloe Attionu

A warning has been served to Sedina Christine Tamakloe Attionu to stop spreading false images and content which shows President Akufo-Addo has imported stones from Israel to be used for the construction of the Cathedral edifice in Ghana. The Bono Regional Chairman for the New Patriotic Party, Kwame Baffoe, has warned that the "stupidness" of Sedina Christine Tamakloe Attionu would soon take her prison following the false news that started from her on social media. "How can you say President Nana Akufo-Addo has imported stones from Israel to build the Cathedral? She is on Facebook saying this stupid things", the…