GRi Business, Economics & Finance 10 – 04 - 2003

Civil Servants to enjoy new salaries

African Act launched in Takoradi

Friedrich Naumann Foundation calls on the President

Government will change the country's poverty

 

 

Civil Servants to enjoy new salaries

 

Accra (Greater Accra) 10 April 2003- Alhaji Yakubu Ziblim, President of the Civil Servants Association, said on Wednesday that negotiations on a new salary scale for the Civil Service with retrospective effect from February, this year had been concluded with government.

 

Speaking at the launching of "The Civil Servant" a journal of the Association in Accra, he did not mention the percentage of the increase, which according to him was a secret. He said, however, that negotiations on other allowances, especially Cap 30, which was for pension, were still going on.

 

Jake Obetsebi-Lamptey, Minister for Tourism and the Modernisation of the Capital, who launched the journal called on workers to let their voices be heard to move the country forward. He asked them to contribute articles that would generate reflection and thought to the journal, which is the mouthpiece of the Association.

 

Obetsebi Lamptey acknowledged the importance of civil servants, saying, "without them a country would find it difficult to manage its affairs". "You cannot have a good private sector as an engine of growth without a good public sector, and be able to sustain the government's golden age business policy," he said.

 

Obetsebi-Lamptey noted that good journals survived on reputation built over the years for expressing clear thoughts, adding that, the Association should take advantage of the repeal of the criminal libel law to lead a new type of journalism.

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African Act launched in Takoradi

 

Takoradi (Western Region) 10 April 2003- Boniface Abu-Bakar Saddique, Deputy Minister of Tourism and Modernisation of the Capital City, on Wednesday said securing improved access to international markets was one of the government's key strategies.

 

He said the government was using this strategy to diversify the country's export market and to promote the growth and development of exports. Saddique was speaking at the Western Regional launching of The African Growth and Opportunity Act (AGOA).

 

''The government has also identified trade and investment as the twin engines for achieving rapid economic growth and reducing poverty. AGOA provides an expanded trade and investment opportunities for the export sector.''

 

He said AGOA allowed duty free and quota free access to United States market for over 6,400 products from Ghana and other eligible African countries thereby    putting the multi-billion United States market within the reach of Ghanaian exporters.

 

Saddique said the focus of AGOA was on the private sector and the government was determined to provide a stable political environment, market friendly economic policies and improved regulatory environment to support the country's private sector to enable it build linkages with their counterparts in the United States.

 

Saddique said Ghana was currently the 8th largest exporter to the U.S. market under the AGOA. He said the country exported 50 million U.S. dollar worth of goods in 2002 and has set a target export 60 million dollars this year.

 

Saddique said the government had recommended five per cent reduction in duty on inputs for textile production such as dyestuff, chemicals and greybaft in order to make local production of textile competitive.

 

He said the Ministry of Trade and Industries had set up a training centre for garment manufacturers at the Garment training Centre in Accra with support from the United Nations Industrial Development Organisation (UNIDO).

 

Saddique said another training centre had been established at the Volta Garment Training Centre to provide skills for seamstresses and tailors to enable them export to the U.S. Madam Sophia Horner-Sam, Deputy Western Regional Minister, said AGOA offered a golden opportunity for the government to create jobs for the country's teeming youth and to also create wealth.

 

She said one of the challenges facing Ghanaian entrepreneurs who wanted to export to the U.S. under AGOA was the ability to satisfy the demand of the America market in terms of quantity and quality of goods. Madam Horner-Sam said the Ghanaian entrepreneur would be able to prove equal to the task when given the necessary training.

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Friedrich Naumann Foundation calls on the President

 

Accra (Greater Accra) 10 April 2003-Rainer Erkens, Regional Director of the Friedrich Naumann Foundation for Africa, on Wednesday called on the Ministry of Private Sector Development (MPSD) to establish a Private Investment Charter to attract foreign investors into the country.

 

He said Ghana had very good reputation in many foreign countries and efforts should be made to put in extra efforts to advertise the investment potentials for international private development.

 

Erkens made the call when he led a four-man delegation from the Foundation to call on President John Agyekum Kufuor at the Castle, Osu. He is on a nine-day duty tour of Ghana to monitor activities and programmes of the Foundation.

 

Erkens said efforts should be made by the MPSD to attract Ghanaian investors, who had their roots in Ghana to invest in the country and thereby form a bridge for other foreign investors to be attracted into the country.

 

The Regional Director, who is based in Johannesburg, South Africa, said assistance was being sought from the European Union (EU) to undertake a policy framework to sustain economic growth, promote the welfare of the people, fight poverty and support the creation of jobs and employment in the rural areas.

 

He commended President Kufuor for the unique role he played in restoring peace to Cote D'Ivoire. President Kufuor said the Foundation had played a positive role in the country's socio-economic development and democratic dispensation.

 

He said the liberal outlook of the Foundation and its contribution to democratic rule in Ghana was on course and pledged government's support to the Foundation in Ghana and neighbouring countries.

 

President Kufuor called on the Foundation to establish strong relationship with the MPSD to improve on their activities and attract foreign investors. Ernst Specht, Regional Co-ordinator of the West Africa Programme, said the Foundation in collaboration with the Association of Ghana Industries (AGI), and the National Board for Small Scale Industries (NBSSI) had embarked on a project to sustain economic development.

 

He said the project being funded through EU assistance to non-governmental organisations in developing countries was to create conducive atmosphere for small and medium scale enterprises to contribute to economic development.

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Government will change the country's poverty

 

Accra (Greater Accra) 10 April 2003- President John Agyekum Kufuor on Wednesday said the government was resolved to significantly change the profile the majority of Ghanaians, who had for far too long been living in abject poverty.

 

This was contained in an address the Minister of Finance, Yaw Osafo Maafo read for the President at the opening session of a two-day Accountants Conference in Accra.

 

President Kufuor said Ghana and the World Bank were working closely to finalise the Poverty Reduction Strategy Credit, adding: "We are also using our HIPC resources to fight poverty and improve the quality of life for our people,"

 

He said the HIPC (Highly Indebted Poor Countries) initiative, the President's Special Initiatives and other measures so far taken by the government constituted "step by step building blocks" intended to create the right environment and infrastructural facilities that would enable Ghanaians to create wealth and thereby reduce poverty.

 

However, the ultimate success of measures would be limited unless professional groups like accountants proactively join hands with government in the crusade. "It is a fundamental guiding principle of my government that unless positive steps are taken to eliminate or at least significantly reduce the endemic corruption in our society, all our efforts will come to naught."

 

President Kufuor, therefore, called for proactive involvement of accountants in fighting and preventing fraud, especially white-collar crime. He appealed to the Institute to take effective measures to strengthen its disciplinary procedures in dealing quickly with errant members to wipe away "the few black sheep" among its fold.

 

The President also touched on fake accountants, who were operating without licence and other practicing accountants, who were in the habit of preparing different sets of accounts for the same corporate entities to suit their different needs, thereby assisting companies to evade tax and mislead banks to approve credit based on wrong accounting data.

 

John Klinogo, President of the Institute of Chartered Accountants Ghana appealed to government to support the institute's Accountancy School Project to train more professionally qualified accountants to move the country's economic development forward. The Institute of Chartered Accountants, Ghana is organising the conference to deliberate on topical national issues on the theme: "Ghana and Trade Liberalisation."

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