News
Use 24-hour economy as stimulant to solve Ghana’s productivity issues – Ofosu-Dorte
David Ofosu-Dorte, Senior Partner at AB & David Africa, has emphasized that the Mahama administration’s 24-hour economy policy should serve as a catalyst for addressing Ghana’s longstanding productivity challenges.
According to him, for the policy to yield meaningful results, it must be strategically implemented to boost productivity, as inefficiencies remain a major hurdle in the Ghanaian economy.
“If you stimulate demand and you match it with a 24-hour economy, then you are increasing supply and you’re increasing productivity. That is what you do in a country that has low productivity,” Ofosu-Dorte told Bernard Avle on the Citi Breakfast Show on Monday, February 10.
The president said the initiative is “a deliberate policy to encourage and support businesses and public organizations to operate 24/7 in three shifts of eight hours to boost production, promote productivity and generate well-paying jobs – aimed at transforming Ghana into an import substitution and export-led economy.”
Meanwhile, Ofosu-Dorte observed that if the President fails to pull along all his appointees on the path of his vision, it would be a “lonely walk to nowhere”.
For him, “there should be central direction” and a great effort to carry the whole nation along in his bid to reset the economy.
Source: Citinewsroom.com
News
Abronye granted bail by Accra Circuit Court
An Accra Circuit Court has today granted bail to Abronye after his lawyer filed a fresh application.
The court admitted him to bail of GH¢50,000 without justification.
Speaking to journalists outside the court, Managing Counsel at Nkrumah & Associates, Lawyer Martey Addo reiterated that last week’s decision to deny bail was not proper in law.
“The same law, however, gave us an opportunity to repeat the application and correct such errors. We have argued and we are glad that our prayer has been heard,” he revealed.
By: Jacob Aggrey
News
Fashion Nexus Ghana launches initiative to boost Fashion Industry
Fashion Nexus Ghana has launched a major initiative aimed at strengthening the country’s fashion industry through an annual summit and year-round training programs.
The project, known as the Business of Ghanaian Fashion (BoGF) Summit & Year-Round Capacity Building Initiative, was unveiled at the Kempinski Gold Coast City Hotel in Accra.
The BoGF Initiative also seeks to unlock new opportunities for job creation, attract investment into the creative economy, and position Ghanaian brands to compete internationally, while promoting sustainable development through fashion.
The event brought together policymakers, designers, investors, and development partners, including representatives from UNESCO, the African Continental Free Trade Area (AfCFTA), the Ministry of Trade, the Ministry of Tourism, the Ghana Revenue Authority.
The BoGF Initiative, themed “Building a Sustainable Future for Ghana’s Fashion Industry,” seeks to strengthen local talent, promote sustainable practices, expand access to global markets, and position Ghana as a rising hub for fashion innovation.
The flagship BoGF Summit will serve as the launchpad for a year-long Capacity Building Programme focused on fashion business, policy, education, investment readiness, and global market integration.
Speaking at the launch, Ms Melody Boateng, a representative from UNESCO, gave a Speech on behalf of Mr Edmond Moukala, UNESCO’s Representative to Ghana.
She said UNESCO was pleased to support an initiative that strengthened Ghana’s cultural and creative industries.
She explained that the BoGF Initiative was an essential platform that harnessed creativity as a driver of sustainable development.
Founder of Fashion Nexus Ghana and Project Lead of the BoGF Initiative, Hillary S. Andoh, stated that the summit and training program were not just events, but part of a broader national movement to professionalise, develop, and scale Ghana’s fashion industry.
She noted that by bringing together creative leaders, manufacturers, textile producers, educators, policymakers, investors, and development partners, the initiative was turning dialogue into action.
By: Jacob Aggrey
