Bussiness
Dissolve current board or else. . . – Kejetia New Market traders warn
Traders at the Kejetia New Market have launched a desperate call on authorities to immediately dissolve the current board members of the facility.
The traders, some of whom had threatened a massive demonstration to push for the move, are accusing members of the board of not serving their interests.
Speaking on Akoma FM’s current affairs and political show GhanAkoma Thursday, May 12, Chairman for Federation of Kumasi Traders Nana Akwasi Prempeh told host of the show Aduanaba Kofi Asante Ennin that “anytime we the traders request for something from management they will tell us that the board is yet to give clearance and this ‘stampede’ from the side of the board has been one too many so we have decided as traders that the board is not serving our interest”.
Touching on the issue of electricity meter that has been hanging for almost two years, leadership of the traders explained that “the market board has been adamant to our pleas”.
“We have been pushing them to allow us the traders to have separate meters for each shop but for over one year the situation has been the same so we have come to conclusion that the board doesn’t care about the plight of the traders so we want the board dissolved so we can have new board that will push our agenda to ensure traders welfare to boost our livelihoods.”
Traders at the newly constructed Kejetia market have been complaining of high electricity bills and rampant defects on the facility.
According to them, the over 7,000 shops in the market are connected to one electricity meter, a situation they described as taking a toll on their sales and businesses.
Nana Prempeh, who represented leadership of the market, added that “at least there are over 100,000 traders at the market at every particular time when the market is open, hence we have large constituents so we don’t know why the board doesn’t take us serious.”
“We are giving ourselves one month, if the board doesn’t heed to our request we shall converge and demonstrate against them.”
Source:3news.com
Bussiness
Charterhouse announces the Business Elevate Series with launch of ‘The Gastro Feastival’
Charterhouse, Ghana’s leading event management and audiovisual production company, is marking its 25th anniversary of delivering top-tier events with the introduction of an exciting new initiative: The Business Elevate Series.
This innovative series is designed to shine a spotlight on key economic sectors through a series of dynamic B2B and B2C events, including industry conferences, seminars, and exhibitions.
Kicking off the series is The Gastro Feastival, a groundbreaking annual food industry festival that will showcase Ghana’s rich and diverse food ecosystem and agribusinesses from production to consumption.
The launch event will take place on Friday, March 7, 2025, from 4:00 PM to 6:00 PM at the Grand Arena (Accra International Conference Centre).
This landmark event will bring together food industry stakeholders, enthusiasts, experts, and organizations to highlight the food industry’s critical role in Ghana’s socio-economic development and culture.
It will also promote food security, digital innovation, women’s empowerment, youth employment in agribusiness, and sustainable practices.
The Business Elevate Series is a game-changing initiative designed to foster growth and transformation across multiple sectors. With Charterhouse’s deep expertise in organizing impactful meetings, the series aims to unlock investment opportunities, drive innovation, and catalyze social and economic change.
The Gastro Feastival will address six major pillars that drive industry transformation: Investment Opportunities; Job Creation; Innovation, Technology, and Digitization; Youth Involvement (entrepreneurship and career opportunities); Women’s Involvement; Environmental and Social Governance (ESG); Export Opportunities
The event will also establish a Resource Bank, spotlighting key growth opportunities and ensuring the effective allocation of resources to transform Ghana’s food industry.
The Gastro Feastival is a Charterhouse initiative, with Kosmos Innovation Centre as the technical partner.
Bussiness
Ghana’s GDP shows economy is fast recovering despite DDEP – Finance Ministry
Ghana’s Gross Domestic Product (GDP) indicates a rapid economic recovery despite global challenges and ongoing debt restructuring, according to the Ministry of Finance (MoF).
The Ministry in a statement today indicated that latest data from the Ghana Statistical Service (GSS), cumulative economic growth for the second quarter (Q2) of 2024 reached 6.9%, a notable increase from the 4.7% recorded in the first quarter of 2024.
The MoF statement further noted that, “The economy’s robust recovery is in response to the macroeconomic stability and growth interventions that government is pursuing under our IMF-supported Post Covid-19 Programme for Economic Growth (PC-PEG).”
According to them, the overall real GDP growth for the first half of 2024 rebounded strongly, with year-on-year GDP growth averaging 5.8% for the period, significantly higher than the 2.9% recorded in the same period in 2023.
By Edem Mensah-Tsotorme
Read full statement below
