Hot!
Government urged to create a supportive environment for local businesses
Mr Jeroen Verheul
The Ambassador of the Kingdom of the Netherlands in Ghana, Mr Jeroen Verheul has tasked government to create a supportive environment for local businesses to thrive.
Speaking at the official closing ceremony of the SNV GrEEn Project in Accra, the diplomat said the reduction of inflation and interest rate must be tackled by the government to achieve this goal.
The SNV GrEEn Project is a four-year action plan implemented in the Ashanti and Western regions under the anchor of the Ministry of Local Government, Decentralisation and Rural Development.
The project was funded by the European Union in Ghana and the Embassy of the Kingdom of Netherlands.
Juxtaposing the results of the GrEEn Project, Mr Jeroen Verheul cited that such achievement “is a drop in the ocean” because Ghana would need 500, 000 jobs annually to help the population overcome the high rate of unemployment.
“We need 500, 000 jobs per year and SNV has produced 6, 000 jobs over four years, however we need to scale up through the support of the environment which is a key element for entrepreneurs to flourish,” he stated.
SNV Netherlands Development Organisation is a not-for-profit international development organisation creating a lasting difference in the lives of people living in poverty by helping them raise incomes and access basic services.
Since its commissioning in 2019, the Project aimed to enhance employability and entrepreneurship opportunities within Ghana’s green economy, contributing to the development of a climate-resilient local economy.
The primary objective of the Project was to address the root causes of irregular migration amongst Ghanaians, by promoting green and climate-resilient local economic development.
This initiative provided affordable financing aid to SMEs and micro businesses, especially in the sustainable and circular economy sector.
The Chief Executive Officer of Asaasepa Naturals, Mrs Matilda Stemn, noted that the project has aided her set up a factory and purchase some equipment to upscale her business.
However, Mrs Stemn, also a beneficiary of the Project, mentioned that accessing loans was a challenge for SMEs on increasing productivity despite the fact that they have the raw materials and machineries at their disposal.
Present at the ceremony were the Country Director of SNV Ghana, Mrs Barbara Nkoala amongst other dignitaries.
SNV specialises in three sectors: agri-food, energy and water systems and is present in over 25 countries.
By Yunusah Essandoh
Hot!
Ghana to locally refine its gold starting October 2025 – Sammy Gyamfi
The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, has announced that plans are far advanced for the establishment of a state-owned gold refinery in the country.
Speaking at the 2025 Minerals and Mining Convention, Mr Gyamfi said the refinery will process locally mined gold into bullion instead of exporting it in its raw state.
According to him, it is unacceptable that Ghana, despite being a leading gold producer in Africa, continues to export raw gold known as dore.
He explained that the Gold Board, working with the Bank of Ghana and local refineries, will from October 2025 begin refining gold locally.
He also disclosed that an ultramodern assay laboratory will be built to ensure international standards in testing gold quality.
Mr Gyamfi noted that the refinery will be wholly state-owned and will help Ghana move away from raw mineral exports to value addition.
This, he said, will boost foreign exchange earnings, create jobs, and position Ghana as a hub for gold refining and jewellery production in Africa.
The CEO stressed that the project forms part of government’s strategy to ensure the country benefits fully from its natural resources and to transform the mining sector into a driver of economic growth.
By: Jacob Aggrey
Hot!
There is strength in diversity; let’s live in peace – Zanetor Rawlings urges Ghanaians
Member of Parliament for Korle Klottey, Dr. Zanetor Agyeman-Rawlings, has urged Ghanaians, especially the youth, to value the peace the country enjoys and to see diversity as a source of strength.
Speaking at the National Youth Conference held at the Pentecost Convention Centre under the theme “Igniting Potential; Inspiring Change”, she warned against being lured into conflicts and divisions fueled by reckless statements from politicians, traditional leaders, religious figures, or academics.
According to her, many young people have no idea what it means to live in a country torn apart by war, and therefore must not take Ghana’s peace for granted.
She stressed that the harmony among different ethnic and regional groups should be protected at all costs, since it is peace that allows citizens to gather freely and safely.
Dr. Zanetor said Ghana’s development depends on embracing diversity and working together.
She urged the youth to tap into this strength so that Ghana would continue to shine as the “Black Star” of Africa and serve as an example for other nations.
She expressed appreciation to the participants for attending the conference and asked for God’s blessings on the country.
By: Jacob Aggrey
