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Editorial: Government must listen to AGI on excessive tax impositions

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Editorial

On Monday, this week, graphiconline.com published a story about the Association of Ghana Industries (AGI) bemoaning the excessive tax impositions, which are rendering their businesses unattractive. The Association also says the removal of incentives on the importation of raw materials is a potential threat to their business.

According to the AGI, it expects government, through the Ghana Revenue Authority, to incorporate the concerns of businesses and industries into tax policy decisions. The businesses registered their displeasure during the quarterly general meeting of the Ashanti, Bono and Bono East regional branch of the AGI.

The AGI plays a pivotal role in promoting and advocating for the interests of the Ghanaian industrial sector. However, the thriving growth of this essential organisation is increasingly threatened by the weight of excessive tax impositions. As the government seeks revenue sources to fund public services and development initiatives, the imposition of high taxes on the AGI and its member industries has resulted in a series of adverse effects.

The Chronicle is of the view that, excessive tax impositions place a significant financial burden on the AGI and its member industries, reducing its profitability and impeding expansion and investment opportunities. Government must bear in mind that when the growth potential of the industrial sector is stifled, it hinders job creation and economic development in the country.

Also, high tax rates negatively affect the competitiveness of Ghanaian industries on the global market. When AGI member companies face higher taxes, compared to their foreign counterparts, they struggle to offer competitive prices for their products. This leads to a decline in export competitiveness, hindering the industry’s ability to penetrate international markets and increasing reliance on imported goods.

This goes a long way to impact employment because it may force some AGI member industries to downsize their workforce or even cease operations, leading to job losses and increased unemployment rates.

The Chronicle believes that by streamlining tax policies and reducing tax rates, AGI member companies can offer more competitive prices for their products, facilitating export growth. A competitive industrial sector contributes to increased foreign exchange earnings, reduces dependence on imports and will help to enhance Ghana’s overall economic resilience.

A tax environment that is conducive to growth can stimulate research and innovation among AGI member industries. By easing the financial burden, companies have more resources to invest in research and development initiatives. Enhanced innovation can lead to the development of new products and technologies, propelling the industrial sector forward and contributing to sustainable economic development.

Striking a balance between revenue generation and supporting businesses is essential to unleash the full potential of the industrial sector. By reducing tax burdens, the government can encourage investment, innovation, and job creation, while also promoting responsible tax compliance and strengthening government-industry relations.

The Chronicle wishes for a collaborative effort between the AGI, through the Ghana Revenue Authority to create a congenial atmosphere for all stakeholders in the sector, as Ghana continues its journey towards becoming a globally competitive and economically resilient nation.

Exploring gastronomic treasures: a comprehensive  look at Ghana’s vibrant food culture

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OPINION

Ghana’s culinary landscape is a delicious blend of traditional flavors, indigenous products and cultural influences that have defined the country’s past. From busy streets to sophisticated restaurants, Ghana’s gastronomic treasures captivate both locals and travelers alike, making it a sought-after destination for food connoisseurs worldwide.

The streets are lined up with food vendors, each offering their own unique dishes that are both delicious and affordable, and some of the best places to experience Ghana’s vibrant food culture are Kaneshie market and Labadi Beach Night Market or the Osu Night Market.

SOME STREET FOOD DISHES       

Yam, cassava, plantain and rice are basic foods in Ghanaian cuisine. These components are commonly offered alongside stews or soups as a foundation for numerous cuisines.

Kelewele is one of the most popular and most enjoyed foods in Ghana, and it is produced by deep-frying plantains that have been seasoned with a blend of spices, including ginger, pepper and onion powder. As a consequence, a sweet and spicy snack is produced that is ideal for a fast bite on the run.

Another popular street food dish in Ghana is ‘waakye,’ which is made by cooking rice and beans together with a variety of spices and seasonings. It is usually served with stew or shito, and a variety of accompaniments like plantain or pear. According to historians, Waakye first originated from the Northern parts of Ghana where their staple foods are rice and beans but it is unknown which tribe has exclusive ownership to the dish. In cities across Ghana, waakye is sold by Muslim women who are erroneously but affectionately called “Hajia” or “Amaria”.

‘Gob3’ which is a mixture of gari and beans is one other popular food that can be found on almost every street in Accra. Over the years, it has been named ‘y)k3 gari’ by the Ga and it is enjoyed by many, even by people from the Northern part of Ghana.

‘Fufu’ and ‘banku’ are round-like foods that are very popular in Ghana, eaten by both locals and travelers. Fufu is typically made by boiling cassava or yam and plantains and then pounding them with a wooden mortar and pestle until they form a smooth, dough-like consistency. It is then eaten with light soup, palm-nut soup and even groundnut soup.

Similarly, banku is eaten with groundnut soup, okro soup or stew, palm-nut soup and light soup. The banku is made by mixing cornmeal and cassava dough with water and then cooking it and stirring the mixture until it forms a smooth, sticky dough.

Other than these dishes which are popular among the Ghanaian populace, there are some other street foods like kebabs, fried plantains and boiled corn which can be eaten as light meals.

HISTORICAL CULINARY ROOTS

Ghana’s food culture is shaped by centuries of varied influences. The indigenous tribes such as the Akan, Ga and Ewe have contributed their unique culinary traditions. Trade with Arab and European merchants, as well as the Trans-Atlantic slave trade enriched Ghana’s cuisine legacy. These historical connections have left an indelible mark on the ingredients, cooking techniques and flavors used in Ghanaian cuisine today.

SEAFOOD BOUNTY

Ghana enjoys abundant seafood because of its coastline along the Gulf of Guinea. In coastal towns like Cape Coast and Elmina, it is common to find fresh fish, which is usually eaten with main dishes like banku and sometimes eaten with some vegetables.

NATIONAL DISHES AND CELEBRATIONS

Food culture in Ghana has a deep connection with festivals. During festivals like Homowo, where people come together to celebrate, traditional dishes like ‘kpokpoi,’ a corn-based dish are usually prepared and shared with family and friends. In the northern part of Ghana, during festivals like ‘Fao kuri,’- a festival celebrated by the people of Navrongo, the flesh of animals are cooked and eaten with rice, yam or tuo zaafi.

According to George, a student food vendor, Ghana’s food culture is really interesting because it is diverse and has a rich history. “I think it’s fascinating how different dishes have evolved over time and how they reflect the cultural influences that have shaped Ghanaian cuisine,” he added.

“I find it interesting how street food vendors often specialize in one type of food like kenkey or waakye. It’s so cool how street food is such an important part of daily life in Ghana, and how people from all walks of life enjoy it,” Isaac Sowah, a food vendor in Osu says.

“In an interview with Linda Mensah, a student who lives in Osu, she stated that she particularly likes kenkey, which is why she visits ‘katakumbe,’a popular Ga kenkey joint in Osu, almost every day to enjoy the kenkey there. That being said, I think it’s worth trying different types of food from different regions to know how rich Ghana’s food culture is.

According to the chief head at Katakumbe, people troop in and out of there every day to buy kenkey. The people there believe that kenkey is associated with family, community and tradition and for that, should be shared with others. In some places, it is even regarded as a national identity.

In view of this, it is important to know that despite the increasing popularity of international cuisines, Ghanaians remain strongly connected to their traditional food heritage as families continuously pass down old-age recipes to the younger generation.

Combined with the country’s warm hospitality, it has become an established destination for food connoisseurs as indigenous chefs tend to present traditional dishes to suit contemporary tastes and to keep the country’s gastronomic treasures intact for use in the not-too-distant-future.

By ZINGE ATOGEWE JUSTINA, GIJ student

The views expressed in this article are the author’s own and do not necessarily reflect The Chronicle’s stance.

Badu Bonsu II ‘Family’ holds prayers to remember cruel death of Ahanta Overlord

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Family members at the remembrance prayer

The Anona Akade Royal Family has held a commemorative prayer for Otumfour Badu Bonsu II to mark the 185th Anniversary of his cruel death at the hands of the Dutch government in 1838.

The ceremony was held at Apowa by some of the elders of the family, who claim to be ancestors of Badu Bonsu II.

They are Ebusuapayin Kweku Nkrumah Kyii II, Dompim, Ebusuapayin Obratwaowu, Silmatoe Apowa, Ebusuapayin Potosi Assakae, Ebusuapayin Ackah Kwofie, Apowa, Ebusuapayin Pete, Ajoa, Ebusuapayin Kojo Nyamekye, Kejabil and Ebusuapain Segue, Ewusiejoe.

The prayer, led by the Sumankwahene of the family, was mixed with tears by the family members.

Next was the pouring of libation, calling on the spirits of the ancestors and Badu Bonsu to come home for a drink. Prayers were also said for the souls of the children, including other family members, who were killed by the Dutch government.

Clad in black and red attire, the family said they had been unable to congregate ever since their leader was cruelly murdered, because most of their elders had been killed or sent into exile.

The family, in 2017 to 2018, organised a home coming ceremony at Busia.

Addressing the ceremony, Ebusuapayin Potosi explained that the family deemed it necessary and fit to organise the commemorative prayer to remember the late Ahanta Overlord given the extent of suffering he endured.

Ebusuapayin Potosi, at the ceremony, gave a chronological account of the cruel murder of Badu Bonsu and the arrival of his head, which was currently at the 37 Military Hospital Pathology Department.

He reminded the gathering of the steps taken to bring back the head to Ahanta for a befitting funeral and burial, and after the installation of new Otumfour Badu Bonsu Apani III.

Sekondi-T’di deplorable roads were fixed for Bawumia tour?

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The Ewusiejoe road being fixed

The arrival of the Vice President, Mahamudu Bawumia, last week in the Western Region, specifically the Sekondi-Takoradi Metropolis, for a political campaign tour, appears to have worked magic as, most particularly, most of the deplorable roads were being fixing and re-graveled.

Traffic pile up as the road undergo fixing

Portions which, hitherto, were giving motorists stress were graveled and fixed day and night before the arrival of the Vice President for the days of his political campaign tour of the region.

APOWA ST. MARY’S ROAD PORTION

The Apowa St. Mary’s portion of the main Economic Community of West African States (ECOWAS) Highway was graveled to make the road more motorable.

The portion of the road in question was in a deplorable state, and motorists had to go through a stress time when traversing it.  The portion had developed potholes making it extremely difficult for drivers to ply it.

Vehicles would have to meander their way in order to cross that portion of the road. As for saloon cars, it was difficult plying that portion, given the extent of the deplorable condition.

In the end, it culminates in traffic congestion to the discomfort of commuters.

As at the time of filing this report, the once pothole-ridden road had been fixed making driving smooth and reducing traffic the congestion.

APREMDO APOLLO ROAD

The Apremdo Apollo portion of the road, which is also part of the same ECOWAS Highway, including the Kwesimintsim part, which had deep potholes, had also seen graveling making driving smooth.

EWUSIEJOE PORTION

This road, which has remained the most deplorable, is a death trap, because most vehicles get stuck on it.

Recently, a coach of Intercity STC heading to Abidjan was trapped after it got stuck in one of the potholes, and had to take a haulage truck to pull it out. This is not the first time a vehicle has been stuck in one of the potholes on that stretch. Two foreign haulage trucks have also been struck on that portion.

But the stress drivers and commuters had to endure appears over after a philanthropist decided to fix the road. Last week Thursday, the road was graveled and fixed.

Govt investigates plane crash in Lagos

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Plane crash in Lagos

The Nigerian Safety Investigation Bureau (NSIB) has commenced an investigation into the aircraft accident in the Ikeja area of Lagos on Monday.

A media officer at the NSIB, Tunji Oketunbi, in a statement, described the aircraft as “a Jabiru J430, a light single airplane with Nationality and Registration Marks 5N-CCQ operated by Air First Hospitality & Tours, which occurred around a little after 1500hrs local, time on August 1, 2023.”

According to Mr Oketunbi, the aircraft was on a test flight within Lagos with two passengers onboard before it crashed around the Oba Akran area of Lagos with no fatalities.

“The aircraft caught fire on impact, but the spread was contained by the rainfall at the time of impact.

The two souls on board were taken to the hospital,” he said. “The NSIB, hereby, solicits information from the general public in the form of pictures, video or recording evidence to assist in conducting a comprehensive investigation.

Earlier, an aide to the governor of Lagos had said that four persons were aboard the plane, a claim that has been debunked by the state’s emergency management agency.

“The helicopter registered 5NCCQ was finally confirmed to contain two passengers, and it has been safely removed from the road, which is now free for vehicular movement,” the agency’s permanent secretary, Olufemi Oke-Osanyintolu, said in a situation update on the incident.

Credit: premiumtimesng.com

Senate engages aggrieved unions after protesters pull down NASS gate

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Some Senators address the protesters

The Senate, on Wednesday, set up a committee to dialogue with protesting unions who broke down the National Assembly Complex first gate. The protesters in their hundreds had marched from the Unity Fountain in Abuja to the NASS Complex in demonstration against the “anti-poor” people policies of the President Bola Tinubu administration.

Upon their arrival at the NASS Complex, the protesters pull down the first gate of the Complex and marched to the premises.

Senate President Godswill Akpabio immediately entered into a closed-door session with the lawmakers and upon his emergence from the meeting said the red chamber has set up a three-man committee to meet with the protesters at the National Assembly.

The committee was led by Senate Chief Whip, Ali Ndume, from Borno South Senatorial District.

The Senate also resolved that it will in the shortest possible time meet with the NLC and TUC leadership to find an amicable resolution to the current impasse.

Ndume alongside two other lawmakers — Senator Ireti Kingibe and Senator Tony Nwonye — later met with the protesters at the National Assembly.

The Senators were seen engaging Nigeria Labour Congress (NLC) President, Joe Ajaero; and his Trade Union Congress (TUC) counterpart, Festus Osifo.

The Organised Labour including the NLC, the TUC and their affiliate unions, today, kicked off a protest in the Federal Capital Territory (FCT), Abuja, and other states of the Federation including Lagos, Abia, Plateau, Kaduna, Kano, Rivers, Zamfara, Katsina, Cross River, Ebonyi, Enugu, Kwara, Ogun, Imo, Ondo, and Edo.

Tinubu had removed subsidy on petrol during his epic inauguration speech on May 29, 2023, with a litre of the petrol jumping from N184 to over N620 and food prices and general inflation galloping at an unprecedented rate.

Credit: channelstv.com

INEC has nothing to hide –Yakubu

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INEC boss Prof Mahmood Yakubu

The Independent National Electoral Commission (INEC) on Wednesday said contrary to what some people may think, it has nothing to hide regarding the conduct of the 2023 General Elections.

 

The News Agency of Nigeria (NAN) reports that INEC Chairman, Prof. Mahmood Yakubu stated this at the Post Election Review of the 2023 General Elections with Media Stakeholders in Lagos. Yakubu said there were many positive things that came out of the 2023 elections despite the many challenges.

 

The chairman admitted that despite the challenges during the last elections, there would be continuous improvement by the commission in conducting elections nationwide.

“This is an opportunity for the media executives in their various organisations to tell us what they have seen and how we can continue to improve the electoral process in the future.

 

‘” The commission has nothing to hide and it is this type of interaction that we continuously improve on the process for future elections.

“Clearly, there are many positives coming from the general elections and at the same time, we admit that there are many challenges in the last election.

 

“There are several election litigations at the various elections tribunals nationwide while we should be careful not to touch on issues that are clearly subjudice.”

Yakubu said INEC invited media executives that operate at the state, local governments and community levels that had covered the elections and interacted with Nigerians in their local languages.

 

He said the commission, in addition to what it did in Abuja in the previous week, would also listen to the executives on what came out of reporters about the elections at local and community levels.

 

According to him, it is through these interactions and discussions with the media that the commission can widen the scope of consultations on the elections.

Credit: dailypost.ng

World Bank President Banga to visit Nigeria as part of global tour

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World Bank President Ajay Banga

World Bank President Ajay Banga will begin a three-day visit to Nigeria on Thursday during which he will meet with President Bola Tinubu and Vice-President Kashim Shettima, the international lender said in a statement on Tuesday.

The visit is referred to as the next step of a global tour that is at the centre of a mission to write a new playbook for the 78-year-old institution.

“Banga will focus his time in Nigeria on identifying opportunities to create jobs for young people and women, addressing energy needs and renewable energy, and further exploring the potential for digitisation,” the World Bank said.

As part of these efforts, he is scheduled to visit a World Bank-financed mini-grid power plant that provides solar energy to an entire community, and a woman-owned business that has generated more than 1,500 service-sector jobs for young Nigerians.

In addition, the World Bank will convene discussions with representatives from the private sector and civil society.

Banga is arriving after a two-day visit to Ethiopia and will be joined by his wife Ritu Banga.

Credit: channelstv.com

Prez Kufuor officially launches Game Park Limited

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Ex-President John Agyekum Kuffour and the Executive Director of Game Park Limited, Miss Bibi Bright

Former President John Agyekum Kufuor has called on private lotto operators in the country to extend their sponsorship of good causes to include entrepreneurship in developing the private sectors.

Other areas the ex-President mentioned were mentorship programmes, scientific and technological programmes and many more.

He made this call at the official launch of Game Park Limited in Accra on Tuesday, saying, lottery had become recognised as a major sponsor of good causes, particularly, in the fields of health, arts, sports, heritage and education.

He said: “It is worthy to note that, the National Lottery Authority has been generating revenues for national development over the past years. Remarkably, the Authority has not allowed itself to be tempted to monopolise the lottery space, but has rather opened it up to private companies on competitive basis, an initiative that has welcomed Game Park Limited on board to introduce various games for the Ghanaian public.”

Speaking at the launch, Ms Bibi Bright, Executive Director of Game Park Limited, indicated that, Game Park Limited would provide Ghanaians with exciting new games that had odds, easy to play, easier to win, and offer more “like our trusted partner with a track record,” she added.

She remarked that, the company was wholly Ghanaian owned, and licensed by the National Lottery Authority (NLA) to operate lottery as a Third Party Collaborator, which draws its experience from its Technical Service Provider, Supreme Ventures Limited (SVL), the premier gaming and entertainment provider in Jamaica and the Caribbean.

She noted that, they were introducing the Pick 4 and Pick 1 Game, where Pick 4 is picking four balls out of 40, while Pick 1 is picking 1 out of 36.

The Omanhene of New Juabene Traditional Area, Daasebre Kwaku Boateng III, in his remarks, encouraged Game Park Limited to invest in the Ghanaian culture, as part of its corporate social responsibility.

He said: “Supporting our culture will preserve the history we are most proud of and, in turn, promote tourism, cultural and historical interpretation and entrepreneurship for our indigenes.”

“As was espoused by the regulator, do ensure that you always exude the practices of responsible gaming, being mindful of your players to whom you are most accountable,” the Omanhene added.

The Director General of the NLA, Mr. Sammi Awuku, in his speech, mentioned that, as a Regulator, they offer an even playing field, and believe that, as a third party collaborator, their new Pick 4 game, would inject some excitement into the Ghanaian lottery space.

He, therefore, urged and encouraged Game Pack Limited to operate with the highest sense of integrity, “ensuring that your players are always giving the authentic results; this cannot be compromised; I also encourage you to give back to its patrons through the good causes, which will endear you to the public,” he added.

The Executive Chairperson of Supreme Ventures Limited (SVL) Group, Mr. Gary Peart, in his speech, remarked that, the launch of Game Park Limited, a new lottery company on the Ghanaian landscape, represents a partnership between Jamaica and Ghana that holds so much more than economic and commercial significance.

“As the leading lottery and gaming company in the Caribbean, SVL is excited to take our expertise to another new market. And we’re especially excited that this new market is Ghana. In our two decades of operations, we have been very serious about expansion and developing a world-class product,” he added.

Ghana launches AfCFTA Trade Expedition to Tanzania

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As part of Ghana’s efforts to strengthen economic ties with the United Republic of Tanzania under the African Continental Free Trade Area (AfCFTA) Agreement, Ghana’s National AfCFTA Coordination Office (NCO) is planning to undertake a trade expedition to the east African country in September 2023.

The expedition, dubbed, “Ghana Expo 2023 – Tanzania”, will explore opportunities for Ghanaian and Tanzanian enterprises and businesses to trade together under the AfCFTA.

Ghana has always had strong ties with Tanzania, dating from the time the nations when our founding presidents, Dr. Kwame Nkrumah and Mwalimu Julius Nyerere collaborated in the struggle for Africa’s political and economic independence.

Whiles the two leaders led the struggle for political independence, Ghana believes that the AfCFTA holds the key to the economic liberation and emancipation of Africa. It is this mission that took the National AfCFTA Coordination Office (NCO) to the historic city of Dar es Salaam for an official launch of the upcoming Trade Expedition between the two countries.

The trade expedition will be the second in a series, following from a recent expedition held in Nairobi, Kenya. The objective of the expedition is to introduce Ghanaian enterprises and their products into the East African market, including Tanzania.

With a focus on fostering business partnerships, exploring trade prospects, and promoting investment opportunities between the Ghana and Tanzania, the upcoming Trade Expedition promises to be an enriching experience for Ghanaian and Tanzanian enterprises alike.

Ghana Expo 2023 – Tanzania to be held in September 2023 will seek to provide a dynamic platform for industry leaders, innovators, entrepreneurs, and policymakers from Ghana and Tanzania and other parts of Eastern Africa to work together to explore opportunities for industrial transformation and the boosting of trade amongst the two countries.

The comprehensive programme over the five days of the expo will feature the exhibition of Ghanaian and Tanzanian goods, seminars and panel discussions by prominent personalities from both Ghana and Tanzania on economic development and strengthening relations between the two countries.

Ghana Expo 2023 in Tanzania will also explore matchmaking sessions and opportunities for developing value chain and supply chain linkages with Tanzanian counterparts.

Ghana is operating with the strong conviction that it cannot trade with itself alone, thus it needs reliable partners like Tanzania and therefore aims to replace competition with collaboration between the two countries.

In that regard, Ghana through the National AfCFTA Coordination Office (NCO) has extended invitations to the relevant Tanzanian authorities, to come to Ghana and explore the opportunities it also has for Tanzania.

Ghana is looks forward to the time when Ghanaians going to Tanzania to do business and Tanzanians coming to Ghana to do business will become an integral part of its economic activities. Ghana is fully aware that there is a lot of work to be done to make such a vision a reality, but is hopeful that the upcoming Trade Expedition will open the channels for such collaboration to begin.

The National AfCFTA Coordination Office (NCO) for about four days, met with relevant trade facilitation institutions in Tanzania and were assured of their cooperation and support.

The Ghana Expo series is a Government of Ghana, Ministry of Trade initiative, supported by various partners including the Ghana’s Ministry of Finance, the World Bank’s Ghana Economic Transformation Project (GETP), the GIZ Trade Hub, the United Nations Development Programme and other private and public sector partners. The NCO wishes to express its sincerest gratitude to all our partners for their support.

The Ghanaian Chronicle