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How investments in WAFM is stimulating growth in food production and processing in West Africa

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Agriculture is core to the economy of West Africa, representing some 35 per cent of the region’s GDP and offering about 60 per cent of all jobs. The meaningful development of agriculture will bolster food security and potentially drive overall economic growth in the region. But that growth can only be attainable when there is targeted, sustainable investment in the sector. In 2014, the West Food Markets Programme (WAFM), a UKaid/Department For International Development (DFID) funded project aimed at addressing regional food insecurity in the Economic Community of West African States (ECOWAS) and enhancing staple food trade along the Ghana-Burkina Faso and Nigeria-Niger corridors was started. This enterprise-driven programme where West African private sector firms can reach farmers, consumers, youth and women, creating and consolidating jobs, and improving nutrition, incomes, prosperity and stability, is managed by the Palladium Group. Today February 26, 2019 during a close-out forum,...

Institute of Directors wants government to stop appointing CEOs of SOEs

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The Institute of Directors (IoD) Ghana has asked Government to stop appointing Chief Executive Officers (CEOs) of State -Owned Enterprises (SOEs) before the constitution of Boards of Directors for the Enterprises. A released signed by President of the Institute and copied to the Ghana News Agency (GNA) said the practice was not in line with “decent” corporate governance practices and negatively affecting the management and operations of such enterprises. “The Institute wishes to state strongly and categorically in no uncertain terms that the practice frowns on good corporate governance practices… The Institute equally condemns as inappropriate, the subtle, but cunning attempts to correct the wrong by appointing the CEOs in acting capacities before appointing Boards to confirm their appointments”, the release stated. According to the Institute, such practices made CEOs answerable to the President and not the Boards, “tactically endorsing the CEOs as more powerful than the Boards”, an...

Africa World Airlines signs agreement with South African Airlines

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Africa World Airlines (AWA) and South African Airlines (SAA) on Monday signed a partnership agreement which aimed at deepening their commercial collaboration. The agreement was signed between the two airlines at the Ministry of Aviation in Accra. Speaking at a press briefing following the signing ceremony, Mr John Xiaoyi Quran, Chief Executive Officer of AWA said the signing of the agreement was a milestone for the airline in the bid to deepen its partnership with SAA. The agreement, he said, would allow AWA to transport its passengers across South African Airline’s network in South Africa and North America while also giving SAA access to the market in West Africa through AWA. “The partnership is an important one for both sides,” he said. He stated that AWA had invested heavily in safety, becoming the first and only domestic airline in Ghana to obtain the IATA Operational Safety Audit (IOSA) certification, which was a standard for all major international airlines. He said both ai...

Opuni trial: Court upholds objection to tender document through Prosecution witness

‘Year of Return’ expected to attract about 500,000 tourists

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About half-of-a-million tourists, comprising Africans in the diaspora are expected to visit Ghana, to join in the celebration of the ‘Year of Return’. Mr. Akwasi Agyemang, Chief Executive Officer (CEO) of the Ghana Tourism Authority (GTA), said the event would mark 400 years of the arrival of the first enslaved Africans in the United States (US). “This historical programme is very dear to the Authority and the nation in general since it represents a unique opportunity for Ghana to cement its Pan-African leadership.” He said this in a speech read on his behalf at the 13th edition of the Ashanti Regional Tourism Awards’ in Kumasi. The “Year of Return” celebration presents the nation with the added advantage of showcasing her tourism potentials. “Ghana remains home to the global African family. For centuries, Africans walked through the infamous ‘Door of No Return’ at the Cape Coast castle directly into slave ships to the US, Latin America and the Caribbean,” the CEO added. He said ...

EOCO ‘monster’ tag is rapidly fading out – Director

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Mr Kwasi Korankye Amoah, the Executive Director of the Economic and Organised Crime Office (EOCO), says the “monster” tag associated with EOCO is rapidly fading out. The move was necessitated by the implementation of a Charter that allowed members of the public to freely interact with the Office. He said in the past, people saw EOCO as a mysterious institution and “no-go-area”, therefore whenever it invited someone to answer questions regarded a complaint received for investigation they were often accompanied by their lawyers. In view of that, he said, the Attorney-General’s Office introduced a Charter that enabled the public to lodge a complaint with the Office and later enquired about the stage of investigation, which EOCO was obliged to inform the complainant how far it had gone with investigations. The EOCO Boss made the revelation during the signing of a Memorandum of Understanding (MoU) between the Public Interest and Accountability Committee (PIAC) and EOCO, in Accra, on Mon...

Fourth edition of Ghana Mining and Energy Summit launched

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Ghana Chamber of Mines, has launched the fourth edition of the Ghana Mining and Energy Summit (GMES) in Accra. The biennial conference and exhibition are expected to bring together regulators, mining and energy sector investors, financiers as well as suppliers of equipment and products to these key industries. A statement from the Chamber and copied to the Ghana News Agency in Accra on Monday said this year’s conference and exhibition is slated for June 12 to 14 on the theme: “Harnessing mining and energy potential to accelerate national development”. The statement said more than 500 local and international participants are expected to attend the event, which would also provide a platform for suppliers to meet with captains of industry to strike deals and enter into strategic partnerships. Quoting Mr Sulemanu Koney, the Chief Executive Officer of the Ghana Chamber of Mines, the statement said the theme was relevant in the current mining environment as businesses continue to look fo...