Sunday, November 10, 2024

Gadangme Council of Asafoatsemei and Asafoanyemei (Royal Guards), in collaboration with the Peace Tower of Africa to hold of Peace Walk and Peace Talk 2024

 


Captain Nii Kojo Mankata,
Head of the 
Gadangme Council of Asafoatsemei and Asafoanyemei (Royal Guards) 

Gadangme Council of Asafoatsemei and Asafoanyemei (Royal Guards), in collaboration with the Peace Tower of Africa to hold under the auspices of the National Peace Council. This landmark event seeks to promote peace and unity before, during, and after the 2024 general elections in Ghana.

Addressing lection-Related violence in recent years, Ghana has witnessed election-related violence, often fueled by politicians exploiting youths and Royal Guards . To combat this, the Gadangme Council has united all Royal Guards in Accra to champion peace and stability throughout the electoral process.

The Peace Walk and Peace Talk 2024 event aims to bridge the divide among politicians and political groups, fostering a culture of tolerance and peaceful coexistence. This maiden edition will bring together:

Heads of Political Parties,Traditional Rulers, The Clergy, Muslim leaders,Representatives of Government institutions and the general public.

This initiative aligns with the National Peace Council's efforts to ensure peaceful elections in Ghana.

The Council has been working tirelessly to promote peace education, dialogue, and sensitization across the country.

Friday, November 8, 2024

Breaking News!Elder Paul Perkoh, Disqualified Presidential Candidate, to Take Electoral Commission to Court

 

Elder Paul Perkoh, a disqualified presidential candidate in Ghana's upcoming 2024 general election, has expressed his disappointment and frustration with the Electoral Commission's decision. In a press release, Elder Perkoh announced that he will be taking legal action against the Commission to seek justice and fairness .

Elder Perkoh intends to head to the Supreme Court to clarify whether the Electoral Commission has the judicial powers to determine who becomes the President of Ghana. He emphasized the importance of protecting the laws and constitution of Ghana from any institution or individual that may attempt to subvert or skew them for personal or parochial interests.

Elder Perkoh and his National Movement for Liberation will address the nation on November 12, 2024, at GLOCSA hall from 12:00 noon to 2:00 pm. During this media engagement conference, he will highlight key policies and other transformative plans including programmes which include; Job Creation, Education, Corruption, Governance, and Illegal mining.

Elder Perkoh,  will also use the opportunity to announce which political party or presidential candidate will benefit from his supporters' votes in the December 7, 2024, general elections.

The National Movement for Liberation is calling on civil society organizations, faith-based organizations, the Peace Council, media, and all stakeholders to support the protection of Ghana's constitution and ensure a free, fair, and transparent election.

-Ghana News Service

 

Monday, October 28, 2024

Elder Dr. Paul Perkoh, Leader Of National Movement For Liberation To Petition Supreme Court Over Disqualification

Elder Dr.Paul Perkoh, an esteemed Elder at the Church of Pentecost Ghana and founder of the National Movement For Liberation, is taking a bold step by petitioning the Supreme Court over his disqualification as a presidential aspirant by the Electoral Commission of Ghana. 

This decision comes after Elder Dr. Perkoh felt his disqualification was unfair, unlawful, and unconstitutional.

As the founder of the National Movement For Liberation, Dr. Perkoh has been vocal about his commitment to creating positive change in Ghana. His experience as an Elder at the Church of Pentecostal, an institution with a rich history dating back to 1937, has likely shaped his values and leadership style.

The Church of Pentecost has a strong presence in the country, with its General Headquarters located in Accra. The church's emphasis on community service and social responsibility, aligns with Dr. Perkoh's vision for the National Movement For Liberation.

Dr. Perkoh's petition to the Supreme Court is a significant development in Ghana's political landscape. 

It raises important questions about the electoral process, the rule of law, and the rights of citizens, as stated in Article 62 and 63 of the constitution. 

Key Issues at Stake:

1. Constitutional Rights: Was Dr. Perkoh's disqualification a violation of his constitutional rights as a citizen of Ghana?

2. Electoral Transparency: Did the Electoral Commission of Ghana follow due process in disqualifying Perkoh?

3. Accountability: Will the Supreme Court's decision set a precedent for future electoral disputes?

As this story unfolds, Ghanaians will be watching closely to see how the Supreme Court addresses these critical issues.

-GHANA NEWS SERVICE 









Breaking News! Consolidated Bank Ghana (CBG) Hit by Mass Reignition, Workers Uncertain About Bank's Future



Reliable sources have informed Ghana News Service that Consolidated Bank Ghana (CBG) has been affected by a mass reignition, leaving employees uncertain about the bank's current state and future prospects.

According to sources, the reignition has impacted a significant number of staff members, sparking concerns about the bank's stability and viability.

Details of the reignition remain scarce, but insiders suggest that the move may be linked to the bank's ongoing restructuring efforts. Ghana News Service will continue to monitor the situation and provide updates as more information becomes available.

Consolidated Bank Ghana (CBG) is currently operating as a universal bank with 114 branches across 13 regions in Ghana.The bank has been expanding its reach and services, recently opening new branches in Navrongo and Nkawkaw.

CBG has also been recognized for its commitment to corporate social responsibility, particularly in health and education, and has commissioned projects such as a new laboratory in Larteh and a sickbay project in Berekum.

In terms of its financial products, CBG offers a range of services, including current and savings accounts, loans, and investment options. 

The bank has also introduced programs such as the "CBG SME Adesua Series" to support small and medium-sized enterprises (SMEs).

CBG has received several awards, including the "Euromoney Award for SME Market Leadership" in 2022 and 2023, demonstrating its dedication to innovation and customer service. The bank's managing director has outlined plans to deepen investment in digitization, upscale support for SMEs, prioritize customer service, and enhance operational efficiency .

Overall, CBG appears to be a stable and growing financial institution, committed to serving its customers and contributing to the economic development of Ghana.



Wednesday, October 23, 2024

GHANA PASTORS UNION PEACE PROGRAMME: REV. SOLOMON BERKO CALLS FOR UNITY AND PEACE AHEAD OF 2024 ELECTIONS


Accra, Ghana - Rev. Solomon Berko, Director of Operations at the Ghana Pastors Union, has issued a heartfelt appeal to Ghanaians to embrace peace, unity, and love as the nation approaches the 2024 elections.

Speaking at the Ghana Pastors Union Peace Programme, Rev. Berko emphasized the importance of putting aside differences and coming together under one God. "Our diversity is not a weakness, but our greatest strength," he said. "Let us recognize that our collective prosperity depends on our ability to coexist harmoniously."

Rev. Berko also addressed Ghana's political leaders, urging them to conduct their campaigns with integrity, honesty, and a commitment to the well-being of the nation. "Let your words be guided by truth, your actions by compassion, and your vision by the aspirations of our great nation," he implored.

To the citizens of Ghana, Rev. Berko encouraged active participation in the democratic process. "Let your voices be heard through peaceful means, and let your votes be cast with wisdom and discernment," he said. "Remember, your ballot holds the power to shape our future."

Rev. Berko's message was not limited to the temporal realm. He prayed fervently to Almighty God, seeking divine intervention for Ghana's peace, unity, and wisdom. "May God bless our nation, and may peace reign supreme in our land," he prayed.

The Ghana Pastors Union has been instrumental in promoting intercessory prayer, peace-building, and community development. Their efforts aim to foster a culture of unity, understanding, and peaceful coexistence among Ghanaians.

Rev. Berko's message serves as a beacon of hope, inspiring Ghanaians to strive for a brighter future and guiding Ghana toward a peaceful and prosperous tomorrow.


Ghana Pastors Union Hosts Successful Peace Programme Ahead of 2024 Elections


 In a significant step towards promoting peace and national unity, the Ghana Pastors Union recently organized a National Intercessory Prayer and Peace Dialogue at the Christ Apostolic Church (CAC) Central Odorkor Official Town Branch. This well-attended event brought together hundreds of believers, representatives from the National Democratic Congress (NDC) and the New Patriotic Party (NPP), and various organizations.


Key attendees included Hon. Moses Soga, Deputy Constituency Chairman of the NDC's Ablekumah North branch, and Hon. Nana Akua Owusu Afriyieh, Parliamentary Candidate for the NPP's Ablekuma North constituency. 

Other notable representatives were from:

-The National Peace Council ,represented by their Director of Programmes

-The Ghana Police Service, represented by Chief Inspector Samuel Kojo Kaledzi 

-The Peace Tower of Africa, led by President Hon. Tawiah Hemens

The programme featured speeches and goodwill messages emphasizing peace and security, a crucial role in ensuring national development and prosperity. Speakers emphasized that, maintaining peace before, during, and after the December 2024 elections is very necessary. Stakeholders pledged to work together for a violence-free electoral process.

Rev. Prosper Zery, President of the Ghana Pastors Union, expressed gratitude for the overwhelming support. "We will continue to pray and work towards peace, unity, and national development."

In a special message, Rev. Solomon Berko, Director of Operations, Ghana Pastors Union, emphasized:

"As we approach the 2024 elections, I urge all Ghanaians to embrace peace, unity, and love. Let us put aside our differences and come together as one people, under one God.

We must recognize that our diversity is our strength, and our collective prosperity depends on our ability to coexist harmoniously.

To our political leaders, I say: let your campaigns be guided by integrity, honesty, and a commitment to the well-being of our nation.

To our citizens, I say: let your voices be heard through peaceful means, and let your votes be cast with wisdom and discernment.

And to our Almighty God, I pray: grant us peace, grant us unity, and grant us wisdom to build a brighter future for ourselves and generations to come.

May God bless Ghana, and may peace reign supreme in our land."

The Ghana Pastors Union is a non-denominational organization dedicated to supporting and empowering Christian pastors in Ghana, focusing on intercessory prayer, peace-building, and community development.

Wednesday, May 15, 2024

Medimafo Herbal Clinic, popularly Known As (Dr. Time Daso), Wins Ghana- Business Excellence Awards as Herbal Facility Of The Year 2024

Medimafo Herbal Clinic, popularly known as Dr. Time Daso,has been awarded for business excellence at the Ghana-West Africa Business Excellence Awards, as the Herbal Facility of the year 2024. 

The herbal facility is one of the most well equipped and patient centred herbal clinics in Ghana, and operates within the set standards by the ministry of health of Ghana. 

The centre deals in herbal medications and food supplements, whilst they provide high quality, comprehensive  wellness service to the people of Ghana and beyond. 

Engaging the media at the awards night, Dr. Yeboah Hans Johnson,the Deputy Director of Medimafo Herbal Clinic indicated that effective patient service coupled with absolute respect to patient's time is key and that's what differentiates Dr. Time Da So from other herbal centres. He said, the centre was founded in 2015 on the 15th of August and have already become a pace setter in Ghana's herbal medicine and wellness industry.

Dr. Yeboah Hans Johnson also took the opportunity to advise Ghanaians to cultivate and maintain good eating habit to enhance their wellbeing.

The Ghana - West Africa Business Excellence Awards, endorsed by West Africa Chamber of Commerce and Industry and Strategic Accountancy Africa , provides a platform to recognize individuals and companies that contribute significantly to the development of various sectors.

The Awards recognizes the industry’s merits and set a benchmark for excellence, whilst rewarding innovative ideas that have pushed the boundaries of what is possible. The Awards recognizes excellence in industries, sectors and individual/personality excellence.

Tuesday, May 14, 2024

MilTrac Ghana Limited Awarded For Business Excellence As Mining Suport Service Company Of The Year 2024

A night of bliss coupled with corporate pageantry and an overwhelming celebration of business excellence, is what characterized the 2024 Ghana-West Africa Business Excellence Awards, of which MilTrac Ghana Limited, an indigenous Ghanian company, was adjudged, Mining Support Company of the year.

Speaking to the media, Eng.Stephen Andoh, the Country Manager of MilTrac Ghana Limited, expressed his excitement for the achievement, indicating that, the award is a result of continues hard work, dedication to service, commitment to quality as the company's trademark and prioritization of client specification a MilTrac's hallmark.

The Ghana - West Africa Business Excellence Awards, endorsed by West Africa Chamber of Commerce and Industry and Strategic Accountancy Africa , provides a platform to recognize individuals and companies that contribute significantly to the development of various sectors.

The Awards recognizes the industry’s merits and set a benchmark for excellence, whilst rewarding innovative ideas that have pushed the boundaries of what is possible. The Awards recognizes excellence in industries, sectors and individual/personality excellence.

Monday, April 17, 2023

ETG Inputs Limited, poised to enhance access to high grade fertilizer at discontented rates to farmers in across Ghana.




More relief to farmers in Ghana, as ETG Inputs Limited, leads the way in complementing government efforts to boost farmers’ access to discounted quality fertilizers.

ETG Inputs Ghana Limited is poised to enhance access to  high grade fertilizer at discounted rates to small holder farmers, particularly in Ghana’s Upper East, Savannah, Northeast, and Northern Regions.

This good news was announced by the Country Manager of ETG, Mr. Fred Akowuah, at a media and stakeholder engagement at Labadi Beach Hotel, during the AFAP West Africa Regional Public-Private  dialogue on the future of fertilizer and agro-inputs in Africa.

Mr. Akowuah indicated ETG readiness to provide over 40 thousand metric tons of quality fertilizer at special discounted rates between 33 to 54 percent across the country. This initiative Mr. Akowoah expressed, would be beneficial to ease the current shortages in supply of fertilizer, to boost yields, ensure food security, and provide incomes to farmers.

This bold initiative of ETG, has been hailed by stakeholders in the Agricultural sector as swift and calculated response to enhance resilience, aimed at addressing the current inputs supply deficit and rising cost of food as a result of COVID-19 pandemic and its negative impact on global supply chains, resulting in depressed markets, trade constraints, and slower economic growth, posing a threat to Africa's food security, rural livelihoods, economic development, and agriculture. Climate change, floods, and droughts are also affecting agricultural yields, while the war in Ukraine has trebled fertilizer prices and disrupted grain supplies. 

ETG Inputs Ghana Limited, a subsidiary of agricultural conglomerate ETG.

Monday, February 13, 2023

Voice of Zongo Communities trains women in Dodowa, Rahama Town.




Voice of Zongo Communities in Ghana a humanitarian organization led by Halimatu Sadia Mohammed, aimed at empowering underprivileged women particularly, widows, school drop outs and single mother through skills training in the production of washing and bathing liquid soaps, detergent, dress making, make-up artstry, to give them a sense of hope and livelihood.

The group execution their humanitarian mandate, have organized a skills training programme for a number of women in Dodowa Rahama town, in liquid soap for both washing and bathing, and detergent production.

Currently the organisation is self funding these projects and requires sponsorship from all and sundry to make positive impact on these underprivileged women.

Speaking to the media, Dr. Mannan Waru ,the Youth Chief of Jumapo Zongo in New Juaben North Constituency, who was at the event to grace the occasions as resource person, commended the organizers for their passion to provide skills training for underprivileged women, urging the public to throw their weight behind this benevolent organisation by way of sponsorships and acts of voluteerism to bring a sense of hope and purpose to many disadvantaged women in several communities in Ghana.

Tuesday, January 10, 2023

NCCE Gh Admonished Citizens To Participate Actively In Governance And To Uphold The 1992 Constitution For National Development And Cohesion. -By:Hector Wulff

The National Commission for Civic Education (NCCE), has made a clarion call on citizens to defend and uphold the 1992 Constitution to enhance development and national cohesion.

To commemorating the 30th anniversary of Ghana’s democracy, the National Commission for Civic Education (NCCE) has stipulated that the constitution gives Ghanaians an identity and a sense of belonging which must be protected and promoted at all times to enable a peaceful co-existence among all citizens.

Speaking on the theme, “30 years of consolidating Constitutional Democracy: Building National Cohesion through Civic Education and Participation in Local Governance,” the Chairperson of the NCCE, Ms. Kathleen Addy emphasized on the need for the country to uphold and revere the 1992 Constitution as the highest law of the land until either an amendment or replacement is made.

“As we commemorate the 30 years celebrations of Ghana’s democracy, the NCCE calls on Ghanaians to participate actively in governance and continue to uphold the 1992 Constitution as the supreme law of Ghana until any amendments are made.”

Madam Addy indicated that, the 1992 Constitution which birthed Ghana’s democracy has so far proven to be useful and is serving its purpose of uniting a population of diverse backgrounds which she said her outfit is working tirelessly to ensure the respect for rights and freedoms spelt out in the document are observed in their entirety.

“To sustain peace and to promote national cohesion, the Commission urges the country to unite to consolidate our goals toward growth. The Commission’s commitment to the common goal of educating all citizens in every nook and crane will foster inclusion, especially with the vulnerable groups in society and also pass down Ghanaian values such as patriotism, hard work, honesty, respect for the rights and freedoms of others down to the entire population.”

Ms. Kathleen Addy, the Chairperson of the National Commission for Civic Education, concluded by entreating citizens to actively participate in the coming District Assembly Election.




Thursday, October 6, 2022

2022 Gandhi Peace Walk Held Solemnly

Members of the Indian community in Ghana joined by a number of Ghanaians, to participate in this years  Gandhi Peace Walk, organized by the India High Commission of Ghana, with participants walking through the ceremonial streets of Accra.

Every 2nd October, the birth anniversary of Mahatma Gandhi, has been declared as the International Day of Non-Violence by the UN General Assembly. 

A number of events are organized throughout the world to recall the spirit, principles, values and relevance of Mahatma Gandhi.

Addressing participant of the peace walk and the media, the The Indian High Commissioner to Ghana, H.E Mr Sugandh Rajaram, emphasized on an urgent need to follow the teachings of Mahatma Gandhi especially truth, non-violence, inclusion, simplicity, cleanliness & ethics.

In his welcoming address, Dr. Collins Yeboah-Afari, the Director General  of the Ghana-India Kofi Annan Centre of Excellence in ICT, where the event was hosted, indicated that a long standing of friendship and rich tradition between Ghana and India finds it's root in the in the values of Mahatma Gandhi, who lived by truth, nonviolence, love and compassion. He further expressed that the centre setup between Ghana and India government partnership is a product of Mahatma Gandhi's values of

Sarvodaya meaning 'Universal Uplift' or 'Progress of All'.

The 2022 Peace Walk in Accra, was climaxed with offering of flowers, singing the favorite song of Mahatma Gandhi.

India’s freedom struggle owes its success to the independence movement led by Mahatma Gandhi, based on nonviolence and noncooperation.

His conviction that truth is the ultimate weapon, won mass support and revived pride in Indian heritage and culture. It continues to have strong relevance even today and provides a path for conflict resolution that is both attainable and sustainable.

Thursday, September 29, 2022

The Phoenix Newspaper Holds Conference On Peace Charter For Forgiveness And Reconciliation For Africa.

Scores of dignitaries made up of traditional rulers, academics, members of civil society and religious leaders across the World, gathered in Accra, at the Movempic Ambassador Hotel, to participate in a peace conference, under the theme: Peace building in the 21st century; a we attaining sustainable peace? 

The Conference had participants

discussing the role of stakeholders in the attainment of sustainable peace in Africa and by a large extent global peace.

In his welcoming address, Prof. John Azuma, the Executive Director of the Sanneh Institute (Ghana), the local organizing partner of the conference, outlined the importance of the event to the attainment of global peace and admonished participant to actively contribute with meaningful and thought provoking ideas towards a successful outcome.

The occasion was also used to introduce the Peace  Charter for forgiveness and reconciliation, by Dr. Josef Boehl, Director of the Peace  Charter for forgiveness and reconciliation.

The were several discussants who dealt with various topics on the theme.

The conference was organized by The Phoenix Newspaper as part of it's 10th Anniversary, dubbed: Be Bold! It was powered by Victoria Mutual  in partnership with Nishkam, Charter for Forgiveness and Reconciliation.

Story By: Hector Wulff

Thursday, August 18, 2022

Investing In Ghanaian Industries Is Very Crucial -AGI President Stipulates

 

The President of the Association of Ghana Industries (AGI), Dr. Humphrey Kwesi Ayim Darke, has expressed the importance of investing in the private sector, particularly local industries for economic growth, transformation and sustainability.

He indicated that, successful businesses drive growth, create jobs, and pay taxes that finances services and investment. 

Adding that, the private sector generates 80 percent of Jobs, funds 60 percent of investment and provide more than 80 percent of government revenues,

making the private sector the best place to invest.

On the need to invest in local industries, the AGI President indicated that “it's very crucial in these times, taking into accounts the

the challenging times in which we find ourselves. “We see the global economy, still reeling from the COVID 19 devastation and then the Russia's invasion of Ukraine, signaling uncertain outlook in the private sector milieu.”

“Against the difficult backdrop, a variety of economic challenges mount our country, including elevated inflation, high cost of the cedi against the dollar, high cost of fuel and high cost of credit.”

“So this gathering is very strategic, to to find pathways of generating investment and capital to advance our Industries.”

“It is imperative to note that no country can ever industrialise without deliberate policies and programmes to support industries or businesses,”

“The government has a role to play by ensuring that an enabling environment is created for industries to thrive, especially with the African single market opportunity created.” Dr. Kwesi Ayim Darke stated.

The AGI President conveyed that, GISE has become the premiere platform not only for the presentation of industry knowledge and concepts, private sector policies and programs, but also for unique networking opportunities and showcase of products and innovations.

He added that the AGI is impressed with the enthusiasm and support demonstrated by sponsors and  patrons over the years, especially the Volta River Authority, NPG, Fidelity  Bank, GIZ and the European Union,

as well as the commitment shown by industry players and the business community to place the GISE as a must attend event.

Dr. Ayim Darke further outlined the objectives of the summit, as a promoter of industrial and investment opportunities to invigorate the private sector, which will impact on economic growth thereby enabling local industries to leverage on the possibilities of the Single African Market.

He also expressed the gladness of the AGI, for the introduction of the Development Bank to inject medium to long-term capital to support industries, as advocated by the AGI over the years.

Dr. Humphrey Kwesi Ayim Darke outlined, as he welcomed participants, exhibitors and delegates at the opening of the AGI 5th Ghana industrial 

Summit & exhibition actively and keenly involved by captains of industry and the business community.

The Ghana Industrial Summit & Expo under the theme: "Investing in Ghanaian industries to leverage opportunities in the single African Market", is ardently participated by industry players and members of Ghana's business community.

It was opened by the Minister of Trade and Industry, Hon. Alan Kyerematen.

The 3-day event ,at the Labadi Beach Hotel, would end on the 18th 

of August, 2022, from 9am-5pm 

The 5 objectives of the summit are: 

1.To promote innovation and technology, with the aim of enhancing industrialisation.

2.To established and encourage networking between indigenous industrialist and their international counterparts for knowledge sharing.

 3.To engage key government agencies in a constructive dialogue, in search of viable solutions to challenges facing industry.

4.To endeavor to gather all sectors of the economy, to chat a common path towards industrial advancement.

5. To create opportunities between sellers and buyers through match making programmes and exhibitions.



Thursday, August 11, 2022

AGI President Joins Panel To Discuss Solution To Ghana's Economic Crisis.

 

Dr Humphrey Ayim-Darke, President of Association of Ghana Industries (AGI), joined Dr John Kwakye, Director of Research at the Institute of Economic Affairs (IEA)and Ms.Hamdiya Ismaila, General Manager of the Venture Capital Trust Fund, to address over 100 participants from the business community, academia, civil society and the media, at the just ended Graphic Business, Stanbic Bank Third Quarter Breakfast Meeting, held at the pleasant Labadi Beach Hotel, Accra.

Under the theme: Living Within our means, an imperative for economic success; the AGI President, Dr Ayim-Darke expressed that, Industrialisation and massive investment into productive sectors of our economy is the way forward.

He further indicated that, the structure of Ghana's economy is still very dependent on the export of raw materials, which is not the best for the growth and sustainability of the economy.

He noted that, Ghana still exports all its resources, such as gold, timber, cocoa and oil, in their raw state, which does not fetch enough for the country.

“Over 60 per cent of the items exported are still in the raw state, and as long as you do that, your revenue streams will not be sustainable and enough to meet the various needs and wants of your country”.

“So the limited resources as a result of the pre-colonial structure become a hindrance to living within our means,” Dr Ayim-Darke emphasized.

On enhancing domestic revenue,

Dr John Kwakye, Director of Research at the Institute of Economic Affairs (IEA) stipulated that, for the country to effectively live within its means, the government must put in place measures to boost domestic revenue.

“As a country, our total revenue is just about $12 billion, so if we have to live within our means, then we must spend either up to that amount or not too higher than that; but that is not enough. $12 billion is peanut for a whole country,” Dr Kwakye opined.

The renowned economist, indicated that, the country was not collecting enough taxes.

For Ghana to effectively live within its means, the government should be able to mobilise about $20 billion in revenue annually, Dr Kwakye exclaimed.

On the need for Ghana to expand the tax net, Ms.Hamdiya Ismaila, the General Manager of the Venture Capital Trust Fund was of the view that, for Ghana to be able to live within its means, it was necessary to widen the tax net to capture a lot more people.

“Less than two million Ghanaians pay tax at the end of the month, out of 30 million. How can two million people pay taxes to finance 30 million people? So, basically, we are starting from zero,” Ms.Hamdiya Ismaila stressed.

She said it was also necessary for the financial industry in the country to provide capital for small and medium enterprises which had the potential to grow and employ more people.

By so doing Ms.Hamdiya Ismaila indicated, new workers who would be employed would also pay taxes, which would increase the country’s revenue base.

To climax the breakfast meeting was a very interactive  questioning and answering session that got all participants agog.

Thursday, August 4, 2022

First Ever Pension Fair Held, By Enterprise Trustees: To Mark 10Th Anniversary

"The way forward is to Sign up for a Personal Pension Plan today and secure your future. Dial *714*333# or click the link https://bit.ly/EPPSign-up" says Mr. Joseph Ampofo, Managing Director of Enterprise Trustees, to mark the first ever Retirement Planning Fair, at Ridge, the forecourt of the Advantage Place, Ghana's number one Hub for financial products and transactions. 

This is part of activities to mark the 10th Anniversary celebrations of Enterprise Trustees, aimed at creating awareness on the importance of retirement planing, as a necessity for all, from both formal and informal sectors.

Present at the opening ceremony to lend his support, was the  Chairman of the Enterprise Group, Mr. Keli Gadzekpko.

There was also a cultural display and a dance drama, on the importance of pension planning, coupled with expert panel discussion on the subject.

The fair featured over 20 exhibitors with products ranging from pension planning, insurance, life insurance, investment, personal and health insurance, health, fitness, housing and funeral planning.

Enterprise Trustees, the Pensions Management subsidiary of Enterprise Group Limited (EGL) was incorporated on 8th November 2010 in partnership with the Sanlam Financial Group of South Africa.

It was one of the first Corporate Trustees to be licensed in 2011, by the National Pensions Regulatory Authority (NPRA).

Trustee operations however began in November 2012 following the commencement of the Tier 2 & Tier 3 Pension Schemes by the Regulator. Expertise was drawn largely from the Enterprise Group as well as strongly leveraging on its International Partner.

Wednesday, August 3, 2022

AGI Embraces National AfCFTA Policy Framework And Action Plan With Optimism:

 As they call on the business community and Industry, to join Government in the full implementation of this National Policy Framework.

The President of The Association of Ghana Industries (AGI), Dr.Humphrey Kwesi Ayim Darke, has remarked that, the ceremony to launch the National AfCFTA Policy Framework And Action Plan is a milestone on Ghana's journey towards being the largest Single African market.

He said, the ceremony also defines a clear roadmap for our local industries for trade in AfCFTA. 

Dr. Ayim Darke, full of joy expressed that, this is a proud moment for the AGI and it's membership, and that they would like to profoundly thank the Ministry of Trade and Industry and all the architects of this Policy Framework and Action Plan, for their all-inclusive stakeholder engagements that have brought us thus far, as the AGI look forward to the future with optimism.

The AGI President indicated that, trading effectively within AfCFTA, goes beyond the launch of the policy framework and action plan, mentioning that, "there is the need to augment local production capacity in a competitive manner, granting our industries the support to progress into export-oriented production." 

 "It is also our expectation that the National AfCFTA Policy Framework, including the Phase 1 negotiations, will prioritize interventions for Industry, to accelerate Ghana’s Industrial Transformation Agenda."  

"The disruptions in global supply chains across the world, on account of the COVID  pandemic and the Russia-Ukraine war, precipitate our need to develop local supply chains within Africa with the National AfCFTA framework as our catalyst",Dr. Ayim Darke expressed.

 He further communicated that:

"Given that some of our businesses are already in the sub-region trade markets, it is obvious that a good number of us are yet to leverage on the provisions of AfCFTA, for reasons of constraints, which include capacity and competitiveness."

"We have seen troubling contractions in manufacturing sub-sector’s contribution to GDP growth rate, thus from 2.3% in Q4 of 2021 to 0.6% in Q1, 2022." 

 "However, Deepening economic engagement is crucial vis-à-vis well aligned regional policies, and trade regulations, especially where we have signed unto other trade agreements, such as the UK Partnership agreement, the interim Economic Partnership Agreement."

 Dr. Humphrey Kwesi Ayim Darke conveyed that, drawing from the ECOWAS experiences:

"We call on all the relevant institutions to help eliminate the Non-Tariff-Barriers, which continue to frustrate regional trade development and integration. 

He concluded by calling on the business community and Industry, to join Government in the full implementation of this National Policy Framework, to deliver concrete benefits and transform trade in this Single Continental market, with AGIs belief that, the success of this National Policy Framework will be to the mutual benefit of our Private sector and Government for job creation and shared prosperity."


Sunday, July 31, 2022

5Th Ghana Industrial Summit and Exhibition Launched.

Over 50 exhibitors and 150 people representing the Private Sector, Government Functionaries, Development Partners and international participants are expected to actively partake in the Ghana Industrial Summit and Exhibition (GISE'22)

The Summit and Exhibition, which will be held at the Labadi Beach Hotel in Accra from the 16th to 18th August, 2022, is under the theme "Investing in Ghanaian industries to leverage opportunities in the single African Market".

Performing the launch at the AGI Secretariat, the AGI President, 

Dr. Humphrey Ayim Darke, stated that, the idea behind the Ghana Industry Summit and Exhibition, which started 5years ago, is inline with AGI vision to create a supportive and competitive business climate. Adding that, the Summit has always been set around five objectives, to create an annual global platform for industries to share ideas.

The 5 objectives are: 

1.To promote innovation and technology, with the aim of enhancing industrialisation.

2. To established and encourage networking between indigenous industrialist and their international counterparts for knowledge sharing.

 3. To engage key government agencies in a constructive dialogue, in search of viable solutions to challenges facing industry.

4.  To endeavor to gather all sectors of the economy, to chat a common path towards industrial advancement.

5.  To create opportunities between sellers and buyers through match making programmes and exhibitions.

The AGI president stipulated that, the summit since its inception has made great inroads in shaping the economy, which output has informed programmes being designed by government.

The investment summit, as part of the event, shall create an ecosystem for equity investors to engage businesses in their bid create value, Dr. Ayim Darke, indicated. He further expressed investment prospects for companies in agribusiness and agro processing during the summit, as investment in these sectors have stagnated over the years, due to policy inconstancies. Adding that, the exhibition brings together an array of businesses spread across the entire sectors; from cosmetics, food & beverages, household items, health products, garments & textiles, electrical cables, hotel and hospitality, building, construction and property.                          Dr. Humphrey Ayim Darke lamented that, “Our businesses are in trying times.”

“The fast depreciation of the cedi, escalating fuel prices, rising fuel prices and public debt are of deep concerns to industries. Our strong recommendation is that in engaging the IMF, we must pay maximum attention to the industrial and agricultural sectors of our economy to hasten recovery.”

“Part of the reason for our economic crisis is the dependence on imported goods. We call for incentives to encourage local manufacturing to arrest this challenge”, the AGI President stressed.

Present at the media launch were representatives from various partner organisations, including Mr. Massimo Mina, Head of Cooperation, EU Delegation to Ghana, Mr. Sean M Duggan, Investment Promotion Expert with the EU-GESP, Mrs. Bellona Vittor-Quao from the Nuclear Power Ghana (NPG), Dr Ebenezer Tagoe, Deputy Chief Executive in charge of Finance at Fidelity Bank, Alex Agyei Amponsah, Director, Commercial & SME at Fidelity Bank, among others.

Sunday, July 24, 2022

AGI DIALOGUES WITH PARLIAMENT



Scores of business people and industrialists, predominantly members of the Association of Ghana Industry (AGI) and it's top brass, On Wednesday, July 20, 2022 at the , actively and enthusiastically participated in the AGI dialogue session with the leadership of Parliament, to  deliberate on how the work of Parliament impacts on Industry, at the Accra International Conference Centre.

The high-profile event, sponsored by B5 Plus Group and Voltic Ghana Limited, was over subscribed. 

Under the theme"Promoting Ghana’s Industrial Development Agenda: the role of Parliament",

had in attendance the MP for Suame and Majority Leader of Parliament, Hon. Osei Kyei Mensah Bonsu. 

Also in attendance was MP for Ellembele and Ranking Member on the Trade, Industry and Tourism Committee of Parliament, 

Hon. Emmanuel Armah-Kofi Buah, representing the Minority Leader of Parliament.

In his opining address, the AGI President, Dr. Humphrey Ayim Darke  indicated that, this meeting comes at a time that we all seek to find solutions to our the challenges that confronts us as a nation, such as the current exchange rate situation, fuel price hikes, external shocks of the Ukraine - Russia conflict that has created  quite a turbulent time for our industries and the economy, as the Central Bank is seen deploying monetary policy tools to contain an unyielding inflation.

Adding that, the Ghana Statistical Service have just released the producer price index for industry in the month June, at 38% from 33.3% in may this year. 

" This is quite alarming"

Dr. Ayim Darke stressed.

He pointed out that, the nature of parliament today offers a great opportunity for both Minority and Majority to build consensus and to work closer in enacting laws that will accelerate Ghana's industrial agenda, because the nation is at a crossroads.

The AGI president expressed regret that, events leading to the enactment and passage of the famous E-levy law, could have been managed to repose business confidence and steer our economy through the turbulent effect of the rating agencies, which remains a major threat to our economy.

He hinted that, AGI foresees

the IMF negotiations impacting on this year mid term budget and beyond. Indicating that, the long term solution to our economic quagmire, hinges on our collective ability to develop the competitive productive sectors, which will generate revenue and jobs.

Dr. Ayim Darke, further indicated the negotiations with the IMF must reflect support for local industry in its structural transformation.

He said, it is the humble request of the AGI, that the Minority and Majority avert their minds to adopt policies that will spur growth of local industry, promoting local content to enhance export market development in diversification to leverage on the Intercontinental free trade agreements.

The AGI President, underscored the need for the dialogue, explaining that due to the critical role of Parliament in advancing the country's development agenda, it is crucial for the institution to periodically engage with industry in order to appreciate their concerns. 

He assured the gathering that the dialogue session will be institutionalised as a key event on the calendar of activities for the AGI. 

In his presentation to the business community, the MP for Suame and Majority Leader of Parliament, 

Hon. Osei Kyei Mensah Bonsu said, it is  important to appreciate the role of the private sector, as he provided the historical antecedents which had impacted positively and negatively on the sector.The Majority Leader, also outlined this government's policies that has created an enabling environment for the private sector to thrive; such as the 1D1F, the role of GIPC in facilitating investment and business growth. He hinted that  work is been done in parliament on the tax exemption bill.

Representing the Minority Leader, the MP for Ellembele and Ranking Member on the Trade, Industry and Tourism Committee of Parliament, Hon. Emmanuel Armah-Kofi Buah

expressed the need for government to provide sustainable, and not cosmetic enabling environment to enhance real growth, productivity and transformation of the private sector.

Dr. Peter Quartey, Director of Institute of Statistical, Social and Economic Research (ISSER), praised the AGI for the initiative to engage Parliament, academia and research bodies. Adding that,

"there is a lot we can learn together"

The climax of the forum was the questioning and answering session which saw participant asking pertinent questions affecting business growth in Ghana and proposing solutions to our economic challenges.

Other dignitaries present at the dialogue included Dr. Tony Oteng-Gyasi, Past President of AGI and Founder, Tropical Cable and Conductor Ltd, , and Dr. James Asare-Adjei, Past President of AGI and Founder of Asadtek Group Ltd.

Monday, July 4, 2022

A book prescribing solutions to Africa's challenges launched.

Dozens of citizens from all walks of life witnessed the grand and colourful launch of a book written by Madam Beatrice Maku Ogah, an astute educationists and technocrat, at the Teachers Hall, Accra.

The book, titled - The Challenges Of Africa And Their Solutions, outlines a number of prevailing challenges hindering the progress of Africa and contains appropriate solutions to these challenges through effective role of technocrats as key change makers and drivers of the new African dream devoid of petty partizan politics, corruption and ethnocentrism.

Appropriately representing the Chairman for the occasion, Sir(Dr) Sam Jonah was Mr. Jonny Entsuah who eloquently and intelligently chaired the event to its expected end.

There were numerous speakers who reviewed the book and gave solidarity messages.

Notably among them was Mr. Kwesi Pratt Jnr. Managing Editor of the Insight Newspaper, and the Queen Mother of the Osudoku Traditional Area, Manye Ampnonsah Dokua lll.

"Food, clothing and shelter, if you want to rely on others for these, then you are not serious about making progress". Those were final words of Prof. Jane Naana Opoku-Agyemang an academic and former Minister for Education, Representing former President  John Dramani Mahama as special guest,  as she declared the book duly launched.  

- Ghana News Service Online