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Tourism sector bags $3.312bn from “Year of Return initiative – Tourism Ministry

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Tourism, Arts and Culture Minister, Barbara Oteng-Gyasi, has stated that the tourism sector as a result of the ‘Year of Return’ initiative has recorded US$3.312 billion in revenue.
“Mr Speaker, by the end of the year [2019], international arrivals reached 1.13 million from 956,372 in 2018; [representing] a 27 per cent growth which was above the global average of five per cent.
“The average expenditure per tourist increased from US$2,708 in 2018 to US$2,931 in 2019.
“The receipt attributed to tourism is therefore US$3.312 billion,” Mrs Oteng-Gyasi, the Member of Parliament for Prestea/Huni-Valley indicated in Parliament in Accra yesterday.
She was responding to a question asked by North Tongu Member, Samuel Okudzeto Ablakwa who sought to know the volume of visitors associated with the Year of Return initiative and its estimated economic impact on the country in the year 2019.
Mrs Oteng-Gyasi said the increased number of travellers to Ghana positively impacted private sector industries including airline companies, hotels, tour operators, restaurants, arts and craft dealers.
As result of the arrivals, she said several hotels in December announced 100 per cent occupancy in the month of December with arts centre merchants doubling their sales.
“In terms of expenditure areas, accommodation, at 41 per cent, was the highest area of expenditure, followed by food and beverages at 21 per cent, shopping at 14 per cent, local transportation at eight per cent, entertainment at five per cent and other spending at 11 per cent.”
Ghana, she reported, became the beacon of the new narrative and was hailed by many as showing leadership leading to President Nana Addo Dankwa Akufo-Addo being honoured by the African Union for the initiative.
During the period, she told the House that 126 diasporans were granted Ghanaian citizenship.
In addition to the economic impact, social such as schools, boreholes, and ICT centres in some selected communities across the countries have become legacies of the year of return, she said.
The minister estimated the media mileage to be in the millions of the U.S dollars with both local and international media organisations dedicating editorial spaces to the initiative.
“Me Speaker, the advertising value equivalence is estimated at US$3.5 million.
“The coverage on the year of return has changed the narrative about Africa and branded Ghana as the gateway to Africa and one of the top tourism and repatriation destinations in the world,” she stated.
To build on the success of the Year of Return, Mrs Oteng-Gyasi said ‘Beyond the Return’ a follow up initiative as initiated would be pursued to boost Ghana’s tourism industry.
BY JULIUS YAO PETETSI
News
Ibrahim Mahama denies interest in acquiring VALCO, threatens legal action over false claims

Businessman Mr. Ibrahim Mahama has denied reports linking him to a takeover bid for the Volta Aluminium Company (VALCO).
His reaction follows a demonstration by members of the VALCO Labour Union today, during which some protesters alleged that Mr. Mahama was interested in acquiring the state-owned aluminium company.
In a statement issued by his Special Aide, Rafik Mahama, the businessman said he has “no such interest” and has not made any offer to acquire VALCO.
“The allegation is the latest in several vile attempts to impute the integrity of Mr. Ibrahim Mahama and subject him to needless public engagements,” the statement said.
The statement added that Mr. Mahama’s business track record speaks for itself, describing his companies as “some of the best-run operations across the African continent.”
It further noted that all of Mr. Mahama’s business interests were “legally commenced or acquired” and operate within the law a fact it said explains why his businesses have endured across seven election cycles.
“Mr. Mahama remains committed to contributing his quota to the development of Ghana by investing in business opportunities in Ghana and beyond,” the statement added.
The statement also disclosed that Mr. Mahama has instructed his lawyers to take the necessary legal action over the publication and allegations.
By Edem Mensah-Tsotorme
News
Kristo Asafo leadership denies July 30 burial date for Apostle Kwadwo Safo Kantanka

The leadership of Kristo Asafo has dismissed reports circulating on social media and in some media outlets that the late Apostle Kwadwo Safo Kantanka will be buried on July 30, 2026, describing the claim as false.
The current head of the Kantanka family and leader of Kristo Asafo, Kwadwo Safo Akofena Kantanka, addressed the issue during a press conference in Accra today.
He said no burial date has been set and urged members of the church and the general public to disregard any unofficial announcements.
“I urge the members of Kristo Asafo and the nation to disregard any burial date out there,” Akofena said.
He further stressed that neither the leadership of the church nor the Kantanka family has made any such announcement regarding the funeral.
According to him, all official funeral arrangements will be communicated only through a formal statement from the Kantanka family when the time is due.
Akofena Safo Kantanka said the family remains united in ensuring that the final funeral rites are conducted in a manner that befits the legacy of the late Apostle.
He called on Ghanaians to remain calm and wait for the official communication from the family, warning against the spread of misinformation.
Background
Apostle Dr. Ing. Kwadwo Safo Kantanka, founder and spiritual leader of Kristo Asafo Mission of Ghana, passed away recently, plunging the church and the nation into mourning.
The late Apostle was widely known not only as a religious leader but also as an industrialist, inventor, and founder of the Kantanka Group of Companies, which manufactures vehicles and other machinery in Ghana.
Since his passing, there has been heightened public interest in his funeral arrangements.
It would be recalled that a faction of the siblings and family led by former MP Adwoa Safo had earlier announced a proposed burial date and arrangements.
That announcement, however, has been rejected by the current leadership of both the church and the family.
By Edem Mensah-Tsotorme




