President Nana Addo on Monday, May 1, 2017, presented his May Day Address at the Black Star Square in Accra. The President touched on issues ranging from issues relating to the Electricity Company of Ghana and Technical Vocational Education and Training (TVET) institutions. He also expressed displeasure over what he called the poor working attitude … Read more
Below is the full text of President Nana Addo Dankwa Akufo-Addo’s maiden May Day Address at the Independence Square in Accra as obtained by the Ghana News Agency. May Day address by the President of the Republic, Nana Addo Dankwa Akufo-Addo, at the Independence Square, on Monday, 1st May, 2017 It is an honour for … Read more
President Nana Akufo-Addo has underscored the need for academia to tailor their course outlines to the requirement of industry. Speaking at this year’s May Day Celebration in Accra, the president said by default, such a practice will engender productivity and reduce unemployment since industry will be able to secure expert hands to handle production. “We … Read more
President Akufo-Addo has described as unsatisfactory the work ethic and productivity levels of Ghanaian workers. This, according to him, was the cause of the country’s dwindling economic fortunes. Speaking Monday at the May Day celebration in Accra he said: “When efforts are made to improve pay levels without commensurate improvements in productivity the results inevitably … Read more
President Nana Addo Dankwa Akufo-Addo addressed the May Day parade at the Black Star Square with a speech which detailed the challenges facing the country and the remedies. Below is his full speech: MAY DAY ADDRESS BY THE PRESIDENT OF THE REPUBLIC, NANA ADDO DANKWA AKUFO-ADDO, AT THE INDEPENDENCE SQUARE, ON MONDAY, 1ST MAY, 2017. … Read more
President Akufo-Addo has called on academia to tailor their course outlines to the requirement of industry. According to the President, such a practice will by default engender productivity and reduce unemployment since industry will be able to secure expert hands to handle production. “We have to tailor the curriculum to skills development and job learning … Read more
President Nana Addo Dankwa Akufo-Addo has said it is time for more workers in Ghana to be brought under formal sector employment. According to him, figures available show that very few Ghanaians are employed in the formal sector, a situation which is not in the best interest of Ghanaians. Speaking during May Day celebrations at … Read more
The National Pensions Regulatory Authority (NPRA) has initiated measures to encourage high participation of Corporate Trustees to maximize the coverage of persons in the informal sector. The incentives include the reduction of some licensing fees and the waving off of others to increase funds available to trustees. Among the licenses reduced include; individual Trustee Informal … Read more
ACTIONAID Ghana has launched its latest project dubbed: “Sustainable Livelihoods and Transparent Local Authorities” (SLATLA), to improve the informal sector of the economy. Launching the programme, Country Director of ActionAid Ghana, Mr. Sumailia Abdul-Rahman, explained that the SLATLA project was one of the most important interventions that will see his outfit and the local communities work … Read more
The National Pensions Regulatory Authority has explained to the informal sector workers that pensions scheme is different from micro finance investment, some of which have been closed by regulators for various violations. Many workers in the informal sector in the Upper West Region have no or little knowledge about the operations of the third-tier Pension … Read more
A recent report by the Ghana Statistical Service has revealed that more women are self-employed in the informal sector compared to men. The Labour Force Survey Report reveals 74.2% of women are self-employed in the informal sector compared to the 68.6% representation of men, with Ashanti Region recording the highest number of employed persons regionally … Read more
PROGRESSIVE People’s Party (PPP) parliamentary candidate for Oka Okwoi South in the 2016 general elections, Madam Harriet Anita Boadu, has noted that the celebration of International Women’s Day should not only be centered on women in the formal sector but also women in the informal sector who constitute majority in the country. In an interview with … Read more
The Institute of Statistical, Social and Economic Research (ISSER) has stated that government would have to take some tough measures in reducing expenditure while it increases revenue. According to ISSER, government is currently constraint to borrow externally, hence must derive innovative means to encourage the private sector in participating in the one district one factory … Read more
The Institute of Statistical, Social and Economic Research (ISSER) has stated that government would have to take some tough measures in reducing expenditure while it increases revenue. According to ISSER, government is currently constraint to borrow externally, hence must derive innovative means to encourage the private sector in participating in the one district one factory … Read more
Labour economist at the University of Ghana, Dr. Baah Boateng has called on government to take a firm decision and strictly enforce compliance of the minimum wage. The country’s minimum wage currently stands at GHc8.80 which translates into a minimum monthly salary of GHc264, but many companies are paying their employers below the nationally agreed … Read more
Innovative research released today by The MasterCard Foundation is making the case for a new approach to youth employment training strategies in Africa. Invisible Lives: Understanding Youth Livelihoods in Ghana and Uganda, released today at the Young Africa Works Summit in Kigali, Rwanda, sheds light on the working lives of African youth. The report, produced … Read more
None of the ten regions of the country has up to 20percent of businesses or what the statistical service calls “non-household establishments” being formal, confirming concerns that a lot of people remain outside the tax net. In its 2016 Regional Spatial Business Report, the Ghana Statistical Service defines as informal an establishment that does not … Read more
Policy arguments about what drives economic growth have traditionally focused on capital, infrastructure and innovation, inter alia. There is no question the crucial role that such fundamentals play in building a competitive private sector. What seem to be missing from the policy discourse however, is the large size of the informal sector and what it … Read more
Policy arguments about what drives economic growth have traditionally focused on capital, infrastructure and innovation, inter alia. There is no question the crucial role that such fundamentals play in building a competitive private sector. What seem to be missing from the policy discourse however, is the large size of the informal sector and what it … Read more