Home Blog Page 64

GH₵2.8 billion invested in PFJ Phase 1   

0

Ghana made an investment of GH₵2.8 billion in the first phase of the Planting for Food and Jobs (PFJ) initiative, but she continued to import substantial quantities of grains and other staple foods. 

Dr. Amos Rutherford Azinu, Seed Business Executive at Legacy Crop Improvement Centre (LCIC), stated that while the programme had achieved some success in increasing the production of certain crops, it failed to create the promised self-sufficiency.   

In an interview with the Ghana News Agency, Dr. Azinu attributed the shortcomings of PFJ to several key challenges. 

He noted that poor storage infrastructure led to post-harvest losses, with estimates suggesting that 20 to 30 per cent of increased production was lost before reaching the market. 

He further pointed out that insufficient processing capacity hindered efforts to convert raw agricultural produce into storable, value-added goods. 

Dr. Azinu explained that distribution bottlenecks had prevented the efficient movement of produce from farming regions to urban centers, while the dependency on subsidies created unsustainable cost structures rather than establishing lasting agricultural systems.  

Additionally, he noted that limited market integration had failed to connect increased production with commercial buyers in a structured manner.   

Ghana’s Planting for Food and Jobs initiative, launched in 2017, represented one of the most ambitious agricultural transformation programmes in the country’s recent history. 

As the new government of President John Dramani Mahama prepares to implement the Feed Ghana project, Dr. Azinu highlighted the importance of learning from PFJ’s shortcomings to ensure a more effective approach.  

He advised that the government’s investment should extend beyond farm inputs to storage, processing, and distribution, arguing that creating integrated value chains would ensure that increased production translates into reduced imports.   

He underscored the need to prioritize climate resilience, urging policymakers to focus on drought-resistant crop varieties, irrigation systems, and sustainable farming practices to combat climate volatility affecting Ghana’s agricultural sector.   

Dr. Azinu also called for data-driven implementation, stating that improved data collection and analysis would help target interventions effectively, rather than applying blanket solutions. 

Additionally, he advocated for stronger collaboration with private agribusinesses to address the processing and distribution gaps that had hindered PFJ’s success.   

Furthermore, he stressed the necessity of a strategic import substitution approach, arguing that a clear, prioritized strategy targeting high-import crops with strong domestic production potential could optimize resource allocation.   

Reflecting on the GH₵2.8 billion investment in PFJ, Dr. Azinu stressed that the commitment to agricultural development should extend beyond production, adding that for Feed Ghana to succeed, it must address the entire agrarian ecosystem rather than focusing solely on crop yields.   

In recent times, the discussion on agricultural transformation remains a crucial topic as stakeholders seek to enhance food security and reduce Ghana’s reliance on imports.   

South Dayi: Courage Kwame Kokroko endorsed as new DCE  

0

In a decisive vote, Mr. Courage Kwame Kokroko, President Mahama’s nominee has been confirmed as the new District Chief Executive (DCE) for the South Dayi District. 

He secured an impressive 84 per cent of the votes. 

Mr. James Gunu, the Volta Regional Minister, extended his warmest congratulations to Mr. Kokroko, expressing his confidence in the newly confirmed DCE’s ability to drive development and improve the lives of the people of South Dayi. 

“I have no doubt that Mr. Kokroko will work diligently to drive development and improve the lives of the people of South Dayi. I encourage all stakeholders to rally behind him to ensure progress and prosperity for the district,” Mr. Gunu stated. 

The DCE, in an acceptance speech pledged to work collaboratively with Assembly members to drive development in the district.  

He emphasized his commitment to advancing President John Dramani Mahama’s agenda, focusing on key areas such as enhancing road networks, ensuring portable water reaches all communities, promoting sustainable agricultural practices, improving access to quality education, and enhancing quality healthcare delivery. 

Mr. Kokroko assured citizens of his dedication to working with all stakeholders, regardless of political affiliations, to achieve development goals.  

He emphasized the importance of unity in driving development, stating that, “once we come together, we can develop faster.” 

This confirmation comes after an initial attempt, where Mr. Kokroko garnered 19 yes votes and 12 no votes, representing 61.29% and 38.71%, respectively.  

GhIPSS Hosts Kenyan Central Bank Delegation on Study Tour of Ghana’s Payment Systems  

0

The Ghana Interbank Payment and Settlement Systems Ltd (GhIPSS) has hosted a seven-member delegation from the Central Bank of Kenya on a study tour aimed at exploring how Ghana has modernized its payment systems.   

Led by Mr. Gerald Nyaoma, the Deputy Governor of the Central Bank of Kenya, the team visited Ghana from the 17th to 21st of March 2025, spending time at the Bank of Ghana and GhIPSS to learn about innovations which have transformed electronic payments in the country.  

Under the leadership of Mr. Archie Hesse, GhIPSS has rolled out multiple electronic payment systems that have significantly reduced Ghana’s reliance on cash transactions.   

These include the introduction of Near Real Time Payments on the clearing platform Ghana’s instant payment system (GIP), Mobile Money Interoperability (MMI), GhQr, GhanaPay mobile money service and other services that have enhanced convenience and financial inclusion.  

As part of the study tour,  GhIPSS  exchanged knowledge on Ghana’s Interoperability Journey, the Operations of the Instant Payment System, the Governance and Ownership of Instant Payment Platforms and the collaborative efforts with partner banks on GhanaPay implementation and usage.   

The discussions focused on insights into how Ghana’s payment system functions and the key factors driving its success.  

Kenya, a pioneer in mobile money through platforms like M-Pesa has a robust mobile money ecosystem, however, Ghana is one of the leaders in terms of diversification of payment platforms.   

Ghana’s strides in payment interoperability, which allows seamless transactions across different mobile networks and financial institutions, offer valuable lessons for Kenya.   

The visit presented an opportunity for both nations to exchange ideas on improving their payment ecosystems and responding to the evolving needs of their populations.  

The exchange of knowledge between Ghana and Kenya in payment systems development holds numerous benefits for both countries.   

Enhanced payment systems boost financial inclusion, economic growth, and digital innovation. By adopting best practices from Ghana, Kenya can further improve the reach and efficiency of its payment platforms, ensuring that more people can access secure, convenient, and affordable financial services.  

In a statement, Mr. Archie Hesse, the CEO of GhIPSS, highlighted the mutual benefits of the exchange: “We are thrilled to host the Kenyan delegation and engage in meaningful discussions about advancing payment systems across our countries.   

The collaboration between Ghana and Kenya offers a unique opportunity to explore how we can build more robust, diversified, and interoperable payment ecosystems to serve the evolving needs of our populations.”  

The shared knowledge and insights will undoubtedly influence future policies and innovations, helping both nations to remain at the forefront of the ongoing digital transformation of Africa’s financial sector.  

Minister gives assurance of gov’t’s commitment to pay contractors

0

Mr Kwame Governs Agbodza, the Minister of Roads and Highways has assured the government commitment to pay the debts owed road contractors in the country.  
He said though the previous administration left behind huge debts in the road sector alone, the government would work hard to complete construction work of all the abandoned roads projects in the country.  
“President John Dramani Mahama is committed to pay road contractors for them to resume work”, the sector minister told the media after he inspected the state of some abandoned road projects in the Sunyani and Sunyani West Municipalities.  
He was accompanied by Mr Dickson Kyere Duah, the Member of Parliament (MP) for Berekum West; Madam Millicent Amankwaa Yeboah, the MP for Sunyani West and Mr Seid Mubarak the MP for Sunyani East Constituencies.  
Others included Mr Joseph Addae Akwaboa, the Bono Regional Minister and some urban road engineers.  
“We have had fruitful discussions with some of the road contractors and we are expecting them to mobilize and move to site immediately,” Mr Agbodza stated.  
The sector minister said he was worried about the condition of some of the abandoned road projects in the Sunyani and Sunyani West Municipalities, including the Sunyani outer ring road (Alaska road).  
He explained that the execution of the outer ring road project was initiated by the National Democratic Congress (NDC), and asked the contractors working on the project mobilise to resume work within three days.  
 We are seriously working to pay committed and devoted road contractors who are still working, despite the financial challenges,” Mr Agbodza assured.  

Explore Ghana’s Rich History with Sweet Melodies FM’s Landmark Tour 2025!

0

Get ready for an exciting adventure through Ghana’s historic and iconic landmarks! Sweet Melodies FM is thrilled to present the Landmark Tour 2025, a unique opportunity for children to experience the stories, culture, and legacy of our beloved nation firsthand.

A Journey Through Time and Heritage

This year’s tour promises an immersive experience that will bring Ghana’s history to life. Participants will explore:

  • Osu Castle – Step into the corridors of power where Ghana’s colonial and political history unfolds.
  • Kwame Nkrumah Mausoleum – Pay tribute to the father of Ghana’s independence and learn about his enduring legacy.
  • Jamestown Lighthouse – Take in breathtaking views and capture memorable photos at one of Ghana’s oldest and most picturesque landmarks.

Event Details

📅 Date: Wednesday, April 23rd, 2025
Time: 8 AM – 4 PM
👦🏽👧🏽 Who Can Join? Kids aged 4 to 15 years
📍 Meeting & Departure Point: Sweet Melodies FM, North Kaneshie

All-Inclusive Package – Just GHC 250!

For an unbeatable price, each participant enjoys: ✔️ Safe & Comfortable Transportation
✔️ Delicious Lunch & Snacks
✔️ Entrance Fees to All Sites
✔️ A Customized Landmark Tour 2025 T-shirt

Why Your Child Should Join?

The Landmark Tour 2025 is more than just a trip—it’s an educational and fun-filled experience! It’s a chance for young minds to learn about Ghana’s heritage, see history up close, and create lasting memories with their peers. Our trained tour guides and friendly team will ensure a safe and enjoyable journey for all kids.

Limited Spots Available – Register Now!

Don’t miss out on this incredible opportunity! Spots are filling up fast, so secure your child’s place today.
📞 Call 0598245679 to book now!

Join us as we bring history to life, one landmark at a time! Stay tuned to Sweet Melodies FM for more updates and announcements.

Disability advocate pushes for fair funding and accountability

0

Mr Auberon Jeleel Odoom, National Coordinator of Inclusion Ghana and Secretary General of the Africa Disability Forum, has proposed independent watchdog groups to track government commitments, enforce disability laws, and ensure that funds are used effectively.

He also suggested transparent donor-Organisation of Persons with Disability (OPD) engagements, ensuring that funding priorities align with real needs.

Mr Odoom was a member of a panel that discussed: “Shrinking Aid & Disability Inclusion” at the Global Disability Summit (GDS) 2025.

The Global Disability Summit is underway in Berlin, Germany.

 The Global Disability Summit aims to galvanize global efforts to realize disability inclusion around the world.

It is a mechanism bringing together a wide variety of high-level stakeholders, engaging and discussing the progress in disability inclusion: governments, multilateral agencies, the private sector, academia and civil society organizations, organizations of persons with disabilities, and foundations.

Mr. Odoom, a participant of the summit, told the Ghana News Agency that there was the need for a long-term technical support to create a level playing field.

“Partnerships must amplify, not replace, the voices of marginalized OPDs,” Mr. Odoom emphasized, calling for financial management, governance, and advocacy training to strengthen OPD autonomy.

He said there was the need for a shift from short-term, project-based funding to unrestricted, multi-year core support, guaranteeing OPD stability and long-term impact.

He also called on donors to hire persons with disabilities in their agencies and make sure to consult them to shape funding strategies and disability-inclusive policies.

Agortime-Ziope DCE secures 100 per cent endorsement, pledges to embrace challenges and drive development

0

The newly appointed District Chief Executive (DCE) for Agortime-Ziope, Mr Alfred Klu Odikro, has received a 100 per cent endorsement from the Assembly Members, signaling a strong mandate for his leadership. 

At a confirmation vote held on Wednesday April 2 in Kpetoe, all 22 Assembly Members, including government appointees, unanimously voted in favour of Mr. Odikro’s appointment, affirming their confidence in his ability to lead the district. 

In his acceptance speech, Mr. Odikro expressed gratitude for the overwhelming support and acknowledged the responsibilities and challenges that come with the office of DCE.

He assured the people of Agortime-Ziope that he is fully prepared to embrace these challenges and steer the affairs of the district toward greater development. 

Mr. Odikro outlined his vision for development, emphasizing key areas such as: Education, Healthcare, Agriculture, Road infrastructure, Economic empowerment

He pledged to implement measures that will bring sustainable growth to the district and serve as a springboard for socio-economic transformation. 

“I count on the good people of this district to rally behind the Assembly as we work together to fulfill our mandate. Let us, as citizens, perform our duties and obligations as expected. It is only through our collective efforts that we can bring the desired impact and improve the quality of life of our people,” he stated.

The new DCE expressed appreciation to: The Volta Regional Minister and the Volta Regional Coordinating Council (VRCC) for their guidance and support. The Assembly Members for their overwhelming endorsement. The traditional rulers and people of Agortime-Ziope for their continuous support. 

He pledged to work closely with chiefs, community leaders, and stakeholders to ensure inclusive development in the district. 

Speaking before the vote, the Volta Regional Minister, Mr. James Gunu, emphasised that the endorsement of the new DCE marks the beginning of a new era of development for Agortime-Ziope. 

He reminded the Assembly Members of the importance of unity and collaboration in achieving meaningful progress. 

“The President, in his wisdom, established the Ministry of Local Government, Chieftaincy, and Religious Affairs to ensure the active participation of chiefs and religious leaders in local governance. I urge the new DCE to work closely with these local authorities to fulfill this vision,” Mr. Gunu stated. 

The Member of Parliament (MP) for Agortime-Ziope, Mr. Charles Agbeve, also spoke at the event, stressing that the district is ready to move forward and reset its development agenda. 

“We are in a hurry to reset this district, and we will hit the ground running immediately after this endorsement,’ he said. 

With the unanimous confirmation of Mr. Alfred Klu Odikro as DCE, the people of Agortime-Ziope are looking forward to a new phase of growth, development, and progress under his leadership.

President Mahama assents to Ghana Gold Board Bill, 2025

0

President John Dramani Mahama has assented to the Ghana Gold Board Bill, 2025, establishing the Goldboard to oversee, monitor and regulate the buying, selling and export of gold and other precious minerals. 

The Act, which converts the existing Precious Minerals Marketing Company (PMMC) into the Ghana Gold Board, is expected to promote value addition to gold, support responsible mining practices, facilitate the accumulation of gold reserves by the Bank of Ghana and ensure the retention of more foreign exchange earnings within the country.

Available statistics shows that Ghana is currently the leading exporter of gold in Africa, yet it does not derive optimal benefits from gold resources.

In 2024, the total value of gold exports from Ghana were approximately 11.5 billion dollars, with the small-scale mining sector contributing $4.6 billion, representing 40 per cent, while the large-scale mining sector accounted for $6.9 representing 60 per cent.

The revenue of the country from gold has been largely limited to royalties and taxes, with minimal benefits from the trading of gold itself.

The country also faces challenges with tracking foreign exchange inflows from gold exports, particularly within the small-scale mining sector.

Despite the critical role of the gold sector in Ghana’s economy, an uncoordinated and largely informal gold trade structure has resulted in significant losses of potential revenue.

The gold market is characterised by the absence of a centralised regulatory authority, inconsistent oversight and inefficiencies that hinder effective retention of foreign exchange.

In addition, gaps in policy enforcement have contributed to widespread smuggling, loss of tax revenues and environmental degradation.

Currently, the local gold marketing industry remains largely unstructured, with multiple state agencies such as the Bank of Ghana, the Minerals Income Investment Fund and the Precious Minerals Marketing Company, competing with private players, including licensed gold buyers and exporters.

However, these State agencies operate under fragmented regulatory frameworks that create inconsistencies, limiting the full economic potential of the gold sector, while private entities involved in gold transactions also operate with minimal supervision, exacerbating the risks of illicit financial flows and unaccounted exports.

President Mahama signs Petroleum Revenue Management (Amendment) Bill, 2025

0

President John Dramani Mahama on Wednesday, April 2, signed into law the Petroleum Revenue Management (Amendment) Bill, 2025.

The object of this Bill is to amend the Petroleum Revenue Management Act, 2011 (Act 815) to ensure that the entire Annual Budget Funding Amount (ABFA) is dedicated solely to infrastructure development.

The passage of this bill will ensure that the allocation of ABFA funds which was previously spread across multiple projects, limiting their impact and reducing the ability to complete transformative legacy projects will end.

The amendment will ensure that all ABFA funds are dedicated to infrastructure projects under ‘The Big Push’ programme, which aims to deliver significant, high-impact projects that will leave a legacy.

This will enhance the efficient utilisation of petroleum revenues and yield tangible developmental outcomes.

The amendment would also ensure that the five percent allocation is also applied to infrastructure development.

The event, which took place at the Presidency was witnessed by Dr Cassiel Ato Baah Forson, Finance Minister, Mr Ebenezer Ahumah Djietror, the Clark to Parliament, Mr Julius Debrah, the Chief of Staff, and Mr Felix Kwakye Ofosu, the Presidential Spokesman and Minister in-charge of Government Communications.

The rest are Mr Seth Emmanuel Terkper, a Presidential Advisor on the Economy and a former Finance Minister, Mrs Joyce Bawah Mugatari, Special Aide to the President and Presidential Advisor, and Mrs Marietta Brew Appiah-Oppong, Senior Legal Advisor to the President.

President Mahama assents to Value Added Tax (Amendment) Bill, 2025

0

President John Dramani Mahama on Wednesday, April 2, assented to the Value Added Tax Amendment Bill, 2025.

The object of the Bill is to amend the Value Added Tax Act, 2013 (Act 870) to exempt the supply of motor vehicle insurance from Value Added Tax.

The Government has observed that the imposition of Value Added Tax on motor vehicle insurance has had a direct impact on household incomes as the incidence of the tax falls significantly on persons who cannot recover the tax.

Additionally, for commercial drivers, the imposition of VAT on motor vehicle insurance could lead to increased costs, as they may transfer the tax burden onto commuters by increasing fares.

Consequently, the Government has decided to exclude motor vehicle insurance from the scope of VAT on non-life insurance.

The passage of this Bill will provide relief to households and commuters while ensuring a fair and balanced tax system.

The event, which took place at the Presidency was witnessed by Dr Cassiel Ato Baah Forson, Finance Minister, Mr Ebenezer Ahumah Djietror, the Clark to Parliament, Mr Julius Debrah, the Chief of Staff, and Mr Felix Kwakye Ofosu, the Presidential Spokesman and Minister in-charge of Government Communications.

The rest are Mr Seth Emmanuel Terkper, a Presidential Advisor on the Economy and a former Finance Minister, Mrs Joyce Bawah Mogtari, Special Aide to the President and Presidential Advisor, and Mrs Marietta Brew Appiah-Oppong, Senior Legal Advisor to the President.