Set up government-owned business incubators to groom entrepreneurs – Caveman Watches CEO

Founder and Chief Executive Officer of Ghanaian-made globally accepted watch brand, Caveman watches, Anthony Dzamefe has urged the government to support entrepreneurship with a business incubator.

According to him, setting up government-owned business incubators provides start-ups and early-stage businesses with the support and resources that young companies find difficult to access.

Speaking at the Communication Minister, Kojo Oppong-Nkrumah’s ‘Listen Up’ Twitter Space event on the theme “Recommendations on Youth Entrepreneurship in Ghana’, Mr. Dzamefe suggested that, to promote entrepreneurship in Ghana, “Government should construct a bank specifically to cater funding for entrepreneurs just like the China Construction Bank, which is set up to fund construction.”

He recommended that there should be easy access to loans and capital for start-ups, “Government should put down structures so that our SSNIT contributions, Tier 2 and Tier3 should serve as collateral to access loans”

Mr. Dzamefe, who was a guest speaker of the session added that to get more people to patronize entrepreneurship in Ghana, “there should be a government-owned business incubators, that will hatch ideas, groom entrepreneurs and give them access to access to networks, investors, and mentors, or co-working space alongside other businesses and experienced professionals.”

Meanwhile, the Finance Minister, Ken Ofori-Atta has advised the youth to venture into entrepreneurship as the government cannot absorb them into the public sector.

Ken Ofori-Atta says that the government’s payroll is full. He says that about 60% of the government’s revenue is already being paid as salaries to some 650,000 public sector workers.

“We have gone through a period where most people look for jobs with the government. That payroll is full because we are spending some 60% of revenue on the remuneration of some 650,000 people, and that is not sustainable,” he disclosed at last Friday’s Springboard-Ghana Cares Youth Dialogue in Accra.
Mr. Ofori-Atta mentioned that the government was focused on transforming the country into an entrepreneurial state.

The government, the Minister said, is taking steps to create an enabling environment for entrepreneurs.

Ken Ofori-Atta expressed confidence in the youth, telling them that they had the relevant skills to start their own business.

“You do in you have the skill set to be able to do what you have to do. And our responsibility as a government is to create the environment of macro stability, currency stability, and ensuring that you have access to the relevant skills and financing,” he added.

He insists that the government’s agenda to become a hub of entrepreneurs must be pursued without fail.

Source: Ghana Web

GHACEM, KNUST launch mobile academy, e-payment platform

The leading cement manufacturer, Ghana Cement Limited (Ghacem), and the Kwame Nkrumah University of Science and Technology (KNUST) have launched the Ghacem Mobile Cement Academy and an E-payment platform to ease business transactions with customers.

The two leading institutions in the manufacturing industry and academia respectively also launched the E-payment platform that will facilitate the payment process for customers irrespective of their locations.

Speaking at the launch event on KNUST Campus in Kumasi, Chairman of the Ghacem Cement Foundation, Ehunabobrim Prah Agyensaim VI, stated that the collaboration is to enhance customer excellence as well as bridge the gap between industry and academia for national development.

Nana Prah Agyensaim VI explained that “there is the urgent need to seek continuous improvement for delivering customer excellence as a leading cement manufacturer in Ghana for our deserving loyal customers and partners.”

The Ghacem Cement Foundation Chair further noted that Ghacem was focused on improving the profitability of their customers through improved services and products, “while we strive to stay reasonably profitable as a company.”

He added that Ghacem will continue to ensure that customers have an easy way of doing business with them as well as assist with the transfer of knowledge that compares only to the world’s best practices in the cement business.

Commenting on the collaboration between the two giant institutions, he stressed that it “is academy and industry that will move this country and that is why I am proud of Ghacem for this initiative.”

According to him, the time for assumptions was over and it is important to invest in research and ensure academia and industry collaborations transform the country.

Nana Prah Agyensaim VI further encouraged the government to strengthen its efforts to ensure a level playing field in the cement industry for the greater good of the Ghanaian economy.

Chief Commercial Officer of Ghacem, who spoke on behalf of the Managing Director, Mr. Ebenezer Somuah in his remarks noted that the collaboration between Ghacem and KNUST was to bridge the gap between industry and academia for national growth.

Welcoming the project team on the Ghacem Mobile Cement Academy, Prof. John Tiah Bugri, Provost of College of Arts and Built Environment at KNUST, expressed the University’s delight for officially launching the Mobile Cement Academy after a collaborative agreement signed in 2019.

Prof. Bugri stated that the impact of research is important for them and they have been able to deliver these impactful researches in collaboration with industry and the uptake of the research by industry was in a good direction.
According to him, the collaboration between the two institutions led to the building of a mobile container with various facilities to help train many people across the country.

Mr. Somuah stressed that “Ghacem is undoubtedly not new in this collaborative drive. An example is the Ghacem Quarry Life Awards, which gives the opportunity to the Biodiversity students of our Universities to compete with the rest of the world in terms of innovations in reclamation and maintenance of the natural habitats, especially at our quarry sites.”

The Chief Commercial Officer reemphasized Ghacem’s objective of putting customers at the center of its entire operations, hence “placing a premium on the product plus service offered to its customers.”

He further called on stakeholders and partners to ensure more of such collaborations for mutual benefits, reiterating that the Ghacem Board will continue to support such moves.

Source: Ghana Web

African Writers’ Day: Use your writings as channels for social change – GAW

Accra, Nov. 05, GNA – The Ghana Association of Writers (GAW) has urged its members and African writers to always use their writings as channels to effect social change and ensure national development.

“As writers, we must remain resolute to these ideals, and always think about how we can become an effective force to advance our national and Pan African objectives.”

The Association said in a statement signed by its President, Mr Francis Gbormittah, and copied to the Ghana News Agency in Accra, ahead of the commemoration of this year’s International African Writers’ Association, on Sunday, November 7.

The International African Writers’ Day was established in 1991 at the Conference of African Ministers of Education and Culture held in Cotonou, Benin.

At this conference, a resolution was passed to celebrate International African Writers’ Day in all African countries and in the international community each year on November 7, which also marks the day the Pan African Writers Association (PAWA) was founded.

It aimed at offering African people a time to ponder over and celebrate the contributions of African writers in the development of the African continent.

The statement saluted and appreciated its members and all African writers for their unflinching determination to transform society and sustain the values of traditions and cultures through their writings.

It praised the late Professor Atukwei Okai, former Secretary-General of PAWA, for his foresight and impressive achievements in the service of the Association.

“GAW believes that the winning of the 2021 Nobel Prize in Literature by an African, Abdulrazak Gurnah, is a sure signal that African writers are moving in a progressive direction,” it added.

The Association will mark the day as part of its monthly variety literary event, on Sunday.

Source: Ghana News Agency

NDC is clueless about digitalization; they couldn’t collate their own election results – Nana B

The National Youth Organizer of the ruling New Patriotic Party (NPP), Henry Nana Boakye (Nana B), has taken a swipe at the opposition National Democratic Congress (NDC) over their criticisms of government’s digitalization agenda to transform the economy.

It would be recalled that the Vice President, H.E. Alhaji Dr. Mahamadu Bawumia held a public lecture at Ashesi University to outline several policies being implemented by the government to drastically reduce the inefficiencies and corruption in public services delivery; enhance domestic revenue mobilization; improve efficiency in the health sector; provide financial inclusion and a cash-lite economy among other things.

As expected, the NDC has been responding to the issues raised in the lecture by Dr. Bawumia, with some accusing him of peddling falsehood and setting unrealistic goals.

Reacting to the NDC, Nana B strongly cautioned the them to desist from exposing their ignorance and emptiness on the subject in a brazing manner.

“It’s quite shocking that the NDC that has proven, over time, to be clueless and bankrupt in knowledge and understanding of digitization and digitalization could gather confidence to speak against the unprecedented digital infrastructure being built by this government to make life very simple and easy for Ghanaians” Nana B has said.

He added that “it’s trite knowledge that the NDC is incompetent in the field of digital technology. In 2016 and 2020 elections, they couldn’t put up a system to collate their results — such a basic exercise that a first-year IT student could have done with such ease, the incompetent NDC couldn’t do it”.

The Youth Leader of the NPP has thus advised Ghanaians to be wary of the plain lies and fabrications of the NDC directed at discrediting government policies that have far-reaching benefits for the ordinary Ghanaian.

“This government has been people-centered and every single policy we have implemented has brought comfort to the citizenry. Today, Ghanaians can sit in the comfort of their homes to renew their NHIS, open bank accounts and so on. I entreat Ghanaians to support the government to deliver on its mandate,” Nana B added.

Source: Modern Ghana

Finance Minister to present 2022 Budget on November 15

Accra, Nov.5 GNA – Deputy Majority Leader, Alexander Afenyo-Markin has informed Parliament that the 2022 Budget Statement and Economic Policy of Government would be presented on 15th and not 17th November 2021 as originally advertised.

He explained that the reason was to enable the House to attend its post-budget workshop with members checking in on Friday, November 18, and staying till they leave on Sunday, November 21, 2021.

Mr Afenyo-Markin said this when he presented the Business Statement for the third week ending, Friday, November 12, 2021, to the House.

Mr Afenyo-Markin, who is also the Member of Parliament (MP) for Effutu, clarified that the House would start the debate on the budget from Monday, November 22 and conclude on Friday, November 26, 2021.

Having regard for the limited time frame for the approval of the Budget and Appropriation Bill 2021, he urged members to be active in the debate on the budget.

He entreated Committee Chairpersons, particularly those with urgent and time-bound referrals, to endeavour to present their reports for consideration as early as possible before the House was seized with consideration of the Budget Statement and Economic Policy of Government.

Source: Ghana News Agency