Bussiness
‘Use Economic Challenges As A Stepping Stone’ | Economy
Workers have been urged to make use of the myriad of financial challenges that engulfed the nation within the 12 months that has passed by as a stepping stone to financial viability.
“We cannot discount or gloss over the economic challenges; nonetheless, we should not let that discourage us, but rather we should use it as a stepping stone to make a strong come back to face and overcome those challenges and make this year economically viable in our individual, corporate, social, and national lives,” the employees have been instructed.
General Secretary of the Industrial and Commercial Workers’ Union (ICU), Morgan Ayawine, gave the recommendation when he addressed members of the union in his New Year’s message.
He mentioned it’s only by means of onerous work that, “we can be seen as having fought the good fight as gallant workers and succeeded in rebuilding our national economy for the benefit of all.”
Mr. Ayawine mentioned ‘hard work breaks no bone’ therefore employees ought to proceed to work more durable for the achievement of organizational and nationwide objectives for the complete restoration of the nationwide economic system.
“My colleagues in labour and cherished members of the great and famous Industrial and Commercial Workers’ Union (ICU), Ghana, I welcome you all to 2023 and wish you all the best for this year,” he mentioned.
He mentioned the 12 months 2023 has the prospect of being profitable including that as employees and nation builders, they need to play their roles with zeal and dedication to make it succeed.
“Having rested a bit from the hard work that characterized our labour last year, let us resume work, this year, with renewed vigour that would enable us to help our employers achieve their organizational goals in line with ICU’s longstanding maxim, “The Employer’s Vision, Our Union’s Concern”.
He careworn the necessity for stronger co-existence between employees and employers to attain their frequent imaginative and prescient and extra importantly, all elements of nation-building.
“In the same vein, we call on the government, the single largest employer, and other employers to ensure equitable distribution of the cake for a reciprocal gesture of workers and an increase in productivity.”
He requested the federal government to maintain the measures put in place to make sure the stabilization of the Cedi in opposition to its main buying and selling currencies to help doing enterprise within the nation and to scale back costs of products and companies to ameliorate the financial hardship imposed on Ghanaians.
“Similarly, steps should be taken to ensure a sustainable fuel price reduction to reflect in the cost of transport fares in the country,” he added.
Source: dailyguidenetwork.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
