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Last updateTue, 15 Aug 2017 10pm

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President to lay foundation stone for new cement factory

President Nana Addo Dankwa Akufo-Addo will today lay the foundation stone for the construction of a technologically advanced cement grinding factory for CBI Ghana at the Tema Free Zone Enclave.

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3 Chinese nabbed for illegal distribution of slot machines

Three Chinese nationals allegedly engaged in the illegal distribution of slot machines used for gambling have been busted by officials of the Gaming Commission of Ghana.

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Nii Boi Town SDA School wins maiden ‘Phoenix Hackathon’ competition

Students from Nii Boi Town SDA Basic School, beat 22 other schools to win the maiden edition of the inter-schools coding competition held over the weekend for selected private and public schools within the Greater Accra metropolis.

They received a brand new projector from Ghana Code Club, souvenirs from Tigo and a collection of books from EPP Books Services.

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Government overspent budget by GH¢4.2 billion last year — Auditor-General’s Report

Last year, the government overspent its budget by a little over GH¢4.2 billion, although its revenue fell by almost GH¢9.5 billion.

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Tigo calls for greater collaboration among stakeholders on child online protection

Mobile Network Operator, Tigo, has called on stakeholders, including internet service providers, policy makers, security agencies, child rights activists, parents and the media to help make the internet a safer and better place, especially for children and young adults in Ghana.

Speaking at a stakeholders’ forum organised by J-Initiative, as part of Safer Internet Day, Tigo’s Director for Corporate Affairs, Gifty Bingley, emphasised the importance of connectivity and accessibility in the education and development of children. She however added that it was important for stakeholders including parents to ensure their safety online.

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Prez calls for support for industrialisation programme

A National Policy Summit on Trade and Industry opened in Accra on Monday, with President Nana Addo Dankwa Akufo-Addo asking for public support towards the implementation of the government’s industrialisation programme.

Particularly, he appealed for the unflinching support of the private sector in ensuring a well-coordinated agenda aimed at enhancing the socio-economic progress of the country.

The President said the government’s industrial agenda was anchored on building the competitiveness of existing local industries by facilitating access to medium and long-term financing at low interest rates and the implementation of the one- district, one-factory (1D1F) initiative, which is designed to bring industrialisation to the doorstep of the people.

Focused on trade and industry, the summit is on the theme: “The industrial transformation of Ghana.”

Strategic anchor industries

President Akufo-Addo said in addition to that, the government would be introducing strategic anchor industrial initiatives to create new growth poles for the Ghanaian economy, as well as establish industrial parks and special economic zones.

To ensure a national spread of those initiatives, he said, each of the 10 regions would have at least one of such zones.

The pre-occupation of the government, he said, was to promote small and medium enterprises (SMEs) development and establish an industrial sub-contracting exchange that would link the SMEs to the supply chain of large-scale enterprises.

He said some of the initiatives being pursued by the government, including reducing the cost of doing business and the shift from taxation to production, were bearing fruits.

Industry recorded growth of 0.8 per cent in 2014, -0.3 per cent in 2015, with a further reduction to -1.4 per cent in 2016, President Akufo-Addo said, adding that four years of the power crisis that rocked the country had also cumulatively led to a loss of more than US$3 billion in economic activity and, in the process, thousands and thousands of Ghanaians lost their jobs.

However, he said, the prudent measures put in place by the government had resulted in industry growing at 11.5 per cent in the first half of 2017.

Growth-promoting reforms

“Among other measures, the government announced tax cuts amounting to over one billion Ghana cedis. These reforms are designed to make Ghana the most business friendly nation in Africa, if not in the world.

“That is our goal. We recognise that macroeconomic stability is a necessary, but not sufficient, condition for economic transformation,” he said.

The President assured participants and Ghanaians of his personal commitment to “ensure the success of what I believe will be one of the most significant contributions of my administration to the transformation of our nation”.

The Chairman of the Council of State and Paramount Chief of the Juaben Traditional Area, Nana Otuo Serebour, said the various policies rolled out by President Akufo-Addo had clearly demonstrated that he was committed to making good the promises that he made to Ghanaians.

He said the summit ought to provide the ripe opportunity for all stakeholders to critically examine the government’s vision of industrial and economic transformation.

For his part, the Minister of Trade and Industry, Mr Alan Kyeremanten, said the aim of the summit was to use the policies arrived at to drive the transformation that the nation required.

China’s example

“I want us to draw our minds back. Thirty years ago, China, in all respects, was considered a poor country. But, then, it took two major policy instruments by a dynamic leader to change the fortunes of China,” he said.

The first, he said, was the policy to open up to foreign investors to invest in China, and, secondly, there was no reliance on the local market of China but to take advantage of the export market.

“So we in Ghana would like to use policies as instruments of transforming our economy,” he declared.

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Young at Heart Foundation continues to take steps to bridge the rural-urban digital divide

The 2015 co-winner of the Tigo Digital Change-makers competition and Founder of Young at Heart Foundation, Josephine Marie Godwyll, wants to see more young Ghanaians at the forefront of digital innovations.
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Godwyll who is also a 2016 Mandela Washington fellow was speaking at the climax of a four-week ‘Digital Literacy Class’ organised for Junior and Senior Secondary students over the Christmas and New Year holidays in Koforidua, the Eastern region.

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Sunyani Police investigate death of three mentally challenged men

The Sunyani Divisional Police Command has begun investigations into the mysterious death of three mentally challenged men in the early hours of last Saturday.

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Gov’t clears over 8,000 nurses, midwives, others to be employed

Government has given financial clearance for the employment of 8,634 nurses and midwives as well as other allied personnel for the various health facilities across the country.

The recruitment exercise takes effect from November 1, 2016 through to March 1, 2017, a clearance letter dated November 11 and signed by the Minister of Finance, Seth Terkper stated.

The letter directed that the emolument of these recruits be charged against the Ministry of Health’s Compensation of Employee vote in the 2017 annual estimates.

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