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State-supported sperm banking should be the norm for all 18-year-olds because of the risks attached to being an older father, according to a British bioethicist. An article on the BBC website quotes Dr Kevin Smith, from Abertay University in Dundee, as saying the sperm of all 18- year-olds should be frozen for use in later life.

The sperm of older men contains a greater number of mutations, increasing the genetic disorders. As men increasingly have children later in their lives, Dr Smith suggests that sperm- banking should become routine for 18- year-olds. As men have children later in life, a bioethicist is encouraging them to freeze their sperm when they are younger.
Government data shows that since the mid-1990s men most commonly have children when they are aged between 30 and 34. But Dr Smith’s suggestion has been criticised by a fertility expert as frozen
sperm is less fertile than its fresh equivalent and couples would be dependent on IVF.

The BBC article quotes Professor Adam Balen, the chairman of the British Fertility Society, as saying: “Not only does it provide a very artificial approach to procreation, but also a false sense of security as the technology does not guarantee a baby.”

He suggested instead encouraging greater support for young couples to work and have children.

H/T: Independent

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BREAKING NEWS: BoG takes over Unibank



The Bank of Ghana has announced it has taken over the management of private bank, Unibank.

The Governor of the central bank explained at a press conference, the takeover is due to challenges facing the bank. He mentioned weak supervisory standards and weak operations as the cause of the challenges.

Ernest Addison said the bank, adjudged the 6thbest performing company in Ghana at the Ghana Club 100 awards in 2017, provided inaccurate data during the central bank’s effort to resolve the problems last year.

He assured depositors their money is safe, stressing “we are not liquidating the bank, we are saving it.”

The take-over comes weeks after Unibank announced it was taking over adb.
The top management of Unibank are Dr. Kwabena Duffuor II who is Chief Executive Officer, Ekow Nyarko Dadzie-Dennis Chief Operating Officer, Executive Director Owusu-Ansah Awere, Executive Clifford Duke Mettle, Director of Risk Management Kwesi Nkrumah Pimpah.

Photo: CEO Kwabena Duffour II was awarded the most enterprising young executive award in 2017.
The bank’s company secretary is Sylvia Assimeng-Archer, Executive Head of Treasury and Global Trade John Collins Arthur, Executive Head of Corporate Banking Elsie Dansoa Kyereh and Executive Head of Innovations and Business Execution Florence Ohene.

This executive management are expected to give way to new control, KPMG appointed by the central bank.

The bank was founded in 1997 by Kwabena Duffour who later became Finance minister under the Mills administration.
But after 20 years of private management, Kwabena Duffour who is a former Governor of the Bank of Ghana loses control of unibank to his former employers.

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