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GEXIM commemorates Homowo with “Homowo Mart” on August 27

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As part of activities to commemorate this year’s celebration of the Homowo festival, Management of the Ghana Export – Import Bank (GEXIM) has announced a special edition of its popular Tuesday Market. Dubbed “GEXIM Homowo Mart”, it is scheduled to take place on Tuesday August 27, 2024 at the forecourt of the Bank’s headquarters, the Africa Trade House, in Accra.

In the spirit of the celebration, the “GEXIM Homowo Mart” which will commence at 10am and end at 8pm will provide a platform to showcase a variety of top-quality Made-In-Ghana products and services at unbeatable prices.

The very unique, and authentic products to be exhibited at the fair will include food and ingredients, beverages, skin and beauty care products, textiles, apparel, garments, leather footwear, slippers, and many others.

Commenting on the Bank’s rationale and preparation towards the successful organization of the “GEXIM Homowo Mart”, the Deputy Chief Executive of GEXIM, responsible for Banking, Ms. Rosemary Beryl Archer, highlighted the important role cultural sensitivity plays in global trade, bilateral relations between countries as well as building synergies between international businesses and entrepreneurs.

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“We are excited to be participating in this year’s edition of the month long harvest festival by the Gas in the Greater Accra region by organizing the special edition of our award winning SME fair, Tuesday Market, which seeks to promote and market products and services by Ghanaian entrepreneurs. I must say, cultural sensitivityis a cornerstone of successful international trade and it is significant to leverage on important festivals like Homowo by the Gas which comes with a lot of lessons. When businesses value and respect cultural differences, they foster trust, enhance communication, and drive sustainable growth in global markets”, she elaborated.

According to Mr. Archer, in addition to the exhibition of Ghanaian made products and services on the day, the forecourt of the Africa Trade House will come alive with a Ga cultural display to provide a captivating insight into the tradition and customs of the Ga people in the presence of some very important dignitaries from the Ga state confirmed to participate in the “GEXIM Homowo Mart”.

The word “Homowo” means hooting at hunger in the Ga language. The Ga people celebrate the “Homowo Festival” in remembrance of famine that once happened in their history in precolonial Ghana. The festival is a time of immense joy, gratitude and reflection for all Gas in the country and around the world.

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Abena Osei Asare expresses concern over GETFund Administrator’s absence from PAC sitting

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The Chairperson of the Public Accounts Committee (PAC) Abena Osei Asare has expressed concerns about the failure of the Administrator of the Ghana Education Trust Fund (GETFund) Mr. Paul Adjei to honour invitation of the Committee to assist in dealing with abandoned projects cited in the 2024 Auditor-General’s report.

She emphasised that some of the projects have been abandoned for more than 20 years and it kept reoccurring in the Auditor-General’s report yearly, stressing that the GETFund Administrator could assist by prioritising these projects.

However, he has failed to personally appear before the Committee since the commencement of the Committee’s public hearing in the 9th Parliament.

According to the 2024 Auditor-General’s report on Pre-University Educational Institutions, nine (9) Institutions with 16 projects awarded by the GET Fund Secretariat had been abandoned/delayed for a period ranging between three (3) and 28 years.

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Some of the affected schools include Adanwomoase Senior High School (Boys and Girls dormitory abandoned for 12 years), Atoa Senior High School (Home Economics Block abandoned for 27 years), Beposo Senior High School (Dinning Hall and Kitchen Complex abandoned for 10 years and lastly KNUST Senior High School (Three storey classroom block abandoned for 20 years).

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Parliament Committee on Energy visits NPA

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The Parliamentary Select Committee on Energy continued its oversight responsibilities with a working visit to the National Petroleum Authority (NPA) yesterday.

Chairman of the Committee, Emmanuel Kwasi Bedzrah, said the visit formed part of efforts to familiarize members with the Authority’s operations and to explore ways Parliament could provide the necessary support.

He explained that the NPA’s work is focused on regulating Ghana’s downstream petroleum sector, a critical area for national energy security.

Mr. Bedzrah noted that the Committee is particularly interested in assessing whether the country has adequate petroleum stock to meet demand.

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He noted that rising geopolitical tensions, including the ongoing US–Iran conflict, could have adverse effect on Ghana’s energy supply and pricing.

He further disclosed that the Committee intends to engage closely with the Authority on a proposed new petroleum bill.

According to him, a draft of the legislation will be reviewed and possibly presented to Parliament under a certificate of urgency.

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