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Annual Review

1998 in Review

In February and March 1998, there was a two-month long exhibition organized by the Smithsonian Institute at the National Musuem of African History in Washington, D.C. which heralded the astute diplomatic skill and great leadership potential of Asantehene Agyeman Prempeh I. For nearly a century - 1888 to 1970 - Agyeman Prempeh I and his nephew Sir Osei Agyeman II ruled Asante, an overreaching and economically savvy empire which at its apex covered an area of 150,000 sq miles, one-and-a-half times bigger than modern Ghana.

In March 1998, The Smithsonian presented a play in Washington, D.C. Upon His Back He Carries Them, which was commissioned by The Discovery Theater with a grant from The Educational Outreach Fund of The Smithsonian, to "enlighten, inform, and inspire" audiences about the life of King Prempeh I.

"This goes to show that besides being the premier post-primary institution north of Accra, the name Prempeh exudes reverence and invokes strength and power" (Mr. Yaw Owusu, in his Views from outside Sofoline.


Golden Jubilee Launching, May 30, 1998

On May 30, 1998, Amanfoo from all over the country met at Sofoline to officially launch The 1999 Goldem Jubilee. The theme was "HELP REBUILD PREMPEH."

Among the Distinguished Guests are Nana Osei-Bonsu II, Mamponghene, who deputised for the Asantehene Otumfuo Opoku Ware II and cut the sod for the ¢1 billion dormitory project, together with the Governor of Bank of Ghana, Dr. Kwabena Duffour; Bariama Asumadu Sakyi, Kumawuhene; Oheneba Adusei Poku, Akyempeimhene of Kumasi; Nana Ofori Agyemang, Adansihene, Professor Akosa of The University of Ghana Medical School, and Fritz Baffour, all old students of Prempeh.

Asantehene Representative, Mamponghene Nana Osei-Bonsu II, planted a tree to mark the occasion.

Also, Nana Osei-Bonsu II, Mamponghene; Barima Asumadu Sakyi, Kumawuhene; Oheneba Adusei Poku, Akyempeimhene of Kumasi; Nana Ofori Agyemang, Adansihene, and Dr. Kwabena Dufuor, all old students of Prempeh, jointly donated ¢8 million.


Also, the Sierra Leonean Pierre Lisk of the Prempeh College A-Level Class of '92 ran in the World Championship of Athletics, after performing formidably in the 1996 Olympic Games in Atlanta.

Mr. Fritz Baffour, Producer/Director/Presenter of "Sincerely Yours", a TV magazine program, has had his show rated best. And during the The Second National Tourism Awards Nite held at the Accra International Conference Centre, Mr. Fritz Baffour of "Yours Sicnerely" fame also won Tourism Marketing Campaign of the Year award.


His Majesty Osagyefo Kuntunkununku II, Paramount Chief of the Okyeman Traditional area was crowned President of the National House of Chiefs.


And for the first time in Ghana's history, two Presidential Candidadtes sharing one alma mater ran in the same Presidential Elections. John A. Kufuor of the Prempeh College Class of 1958 face John Koduah of the Prempeh College Class of '62.

Kuffuor won the NPP Presidential Primaries as Koduah placed 4th.

John Koduah

Affectionately known as "Lawyer Koduah," he still remains the NPP acting Ashanti Regional chairman. John came into the Presidential race with a bible quotation in hand; "when the wicked is in authority the people mourn, but when the righteous take over the people rejoice."


John Kufuor will be the Flagbearer of the NPP Party in AD 2000 Presidential Elections.
A Prempeh College grad by the name of Dr. Anarfi Asamoa-Baah was appointed as a Senior Policy Advisor to the Director-General of WHO based in Geneva. This is a very signifiant appointment, making him one of the top officers at the UN. Dr. Asamoa-Baah now has global responsibilities in the health delivery system throughout the world.
Former Headmaster, Mr. T.A Osae appeared on National Televison Breakfast show, where he presented "The History of Prempeh College". Prempeh was the first school to recieve such an honour.

Kofi Bonner at the Press Conference just before his appointment on October 23rd, 1998.

Kofi Bonner addresses the audience after he accepted the job offer from Browns' Owner Al Lerner.
Kofi Bonner of the Prempeh Silver Jubilee Class ('74) was appointed Vice President and Chief Administrative Officer of the Cleveland Browns Football Franchise on October 23, 1998, with responsibility for all business affairs of the team, including overseeing completion of the new Cleveland Stadium.

Mr. Bonner brings to the task a strong economic development background from his years in a series of key government positions in the San Francisco Bay area.


A Prempeh College Documentary will be aired on National TV by GTV during the course of 1999. Again, Prempeh College is the first to receive such an honour!
The Nation stood still on November 25, 1998 as Amanfoo introduced the 1st Annual Pearson-Osae Appreciation Lectures. It made the front page of The Graphic for two consecutive days.

Mr. Clifford Mpare

Clifford Mpare, Executive Vice President and Co-Chief Investment Officer of Sloan Financial Group and the Chief Investment Officer of New Africa Advisers, Inc., appeared on CNBC-TV's Power Lunch and talked about investment in Africa. He was also quoted in Fortune Magazine and Business Week. "Investing In Africa"


Dr. Kwabena Duffuor

On December 22, The Governor of the Bank of Ghana, Dr. Kwabena Duffuor, was nominated by a majority of the Ghanaian population (both home and abroad) as the Man of the Year 1998.

The reasons given by most readers of The Independent who endorsed the Governor of the Bank of Ghana were varied but the theme which kept running through almost all the responses was that, he has been able to stabilise the cedi, reduce inflation from alarming proportions and mopped excess liquidity in the economy. He has been able to transfer all Government accounts from the commercial banks to the Central Bank for effective monitoring and control.

In July 1997, Dr. Duffuor was appointed Governor and Chairman of the Bank of Ghana. His appointment saw the pursuit of tight monetary and fiscal policies which have led to slow growth in Reserve money and Broad money, a fall in the inflation rate, strengthening of the Cedi coupled with the stability of the exchange rate as well as a significant improvement in Government’s fiscal position.

His mission to help Government regulate the economy began in 1995 as Deputy Governor of Bank of Ghana. In that position, he initiated the introduction of the two-way quotation system (offer/Bid Rates)in the forex transactions in the Central Bank and thereby removed the subsidy to users of foreign exchange.

He also restructured the Central Government Account(Consolidated Fund) and arranged a $60 million Syndicated facility with Societe-General Bank for the Ghana Government. This period also saw his appointment as Chairman of the Implementation Committee of the Financial and Structural Adjustment Programm of the IMF/Government of Ghana.


Nananom

Our year ended with Barimah Asumadu Sakyi, Kumawuhene celebrating his Silver Jubilee on the 28th of December 1998, six days after Dr. Duffuor was voted Man of the Year.

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