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Govt late with 23% pay rise announcement for public sector workers – Economist
Economist Prof. John Gatsi says the government is late with its announcement of the 23% increment in the base pay for public sector workers on the Single Spine Salary Structure.
The Minister for Employment and Labour Relations, Ignatius Baffour Awuah, announced in Accra on Tuesday that the adjustment would be effective from January 1, 2024, to June 2024.
He added that the base pay would be increased from July 2024 to December 2024, bringing the total increase to 25%.
“We agreed that the minimum wage would be reviewed upwards by 22%, averaging from 14.88 to GH¢18.15…We have concluded that the national base pay will be increased by 23% between 1st February 2024 to 30 June 2024, and subsequently, an additional 2% increment will be added, making it 25% from July to December 2024,” he stated.
Prof. Gatsi told Umaru Sanda Amadu in an interview on Eyewitness News on Citi FM that, although the government’s decision was in line with the Public Financial Management Act, he opined that the government was late and should have announced it earlier, so it could be factored into the 2024 budget.
“The Public Financial Management Act requires that all issues relating to labour should be agreed upon and factored into the budget before it is read to parliament. So even this one, I want to say that they are very late in the date.”
“That should have been done months or so earlier, so it could be factored into the budget, and read to Parliament,” he stated.
Source:Citinewsroom.com
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama
President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com
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Prophet Courage Heavens set to launch ‘Predestination’ book on March 23
Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.
The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.
The book is aimed at addressing the way people struggle to understand how free will and destiny align.
It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.
The various chapters of the book address various issues through scriptures and personal stories.
Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.
CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.
Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.
In addition, he has written seven more prophetic and life-changing books that are yet to be published.
He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.
