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1. <?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-1856327090244980681</id><updated>2025-07-16T01:43:09.545+00:00</updated><category term="Politics &amp; Governance"/><category term="General News"/><category term="Blog"/><category term="Business"/><category term="Sports"/><category term="Entertainment"/><category term="International News"/><category term="Health"/><category term="HR Forum News TV"/><category term="Academic Works"/><title type='text'>HR Forum News: High Resource Ghana News Platform.</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default?redirect=false'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><link rel='next' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default?start-index=26&amp;max-results=25&amp;redirect=false'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>973</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-1603081513596239002</id><published>2025-07-16T01:00:00.002+00:00</published><updated>2025-07-16T01:43:09.534+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>Astro: Leveraging Data for Customer-Driven Service.</title><content type='html'>&lt;iframe allow=&quot;autoplay&quot; height=&quot;480&quot; src=&quot;https://drive.google.com/file/d/1MKPaF1DltFSGBWH3wN-kW46Qe4PicJRe/preview&quot; width=&quot;640&quot;&gt;&lt;/iframe&gt;&lt;div&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;b&gt;&lt;span lang=&quot;EN-GB&quot; style=&quot;font-family: arial; font-size: 11pt; line-height: 115%;&quot;&gt;Questions:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
2.  
3. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">1. What considerations should a firm have when
4. moving to a cloud-based infrastructure such as Astro’s? <o:p></o:p></span></p>
5.  
6. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">2. Why is it necessary to review current
7. business processes? <o:p></o:p></span></p>
8.  
9. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">3. How will data analytics benefit Astro, and
10. how will AI services such as Amazon’s Athena facilitate this?<o:p></o:p></span></p>
11.  
12. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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14. <span style="font-family: arial;"><script>
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16. </script>
17.  
18. </span><p class="MsoNormal"><b><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Solution:<o:p></o:p></span></b></p>
19.  
20. <p><span style="font-family: arial;"><strong><span face=""Arial",sans-serif" style="font-size: 11pt;">1.
21. What considerations should a firm have when moving to a cloud-based
22. infrastructure such as Astro’s?</span></strong><span face=""Arial",sans-serif" style="font-size: 11pt;"><o:p></o:p></span></span></p>
23.  
24. <p><span style="font-family: arial; font-size: 11pt;">When
25. transitioning to a cloud-based infrastructure, a firm like Astro must consider
26. several strategic, technical, and organizational factors. Foremost among these
27. is data security, as the migration entails transferring sensitive business data
28. to third-party servers. According to Rittinghouse and Ransome (2016), firms
29. must ensure robust encryption, access control, and compliance with
30. international security standards such as ISO/IEC 27001. Astro must also address
31. data sovereignty concerns, ensuring compliance with regional laws governing
32. data storage and privacy, including the General Data Protection Regulation
33. (GDPR) for European operations (Pearson & Benameur, 2010).<o:p></o:p></span></p>
34.  
35. <p><span style="font-family: arial; font-size: 11pt;">Scalability is
36. another crucial consideration. The cloud offers elastic computing power that
37. can adjust to changing demand levels, thereby enhancing operational flexibility
38. (Armbrust et al., 2010). However, this requires a careful analysis of the
39. firm’s workload characteristics and performance expectations. Interoperability
40. with legacy systems must also be prioritized to ensure smooth integration, as
41. operational disruptions can occur when systems fail to communicate effectively.<o:p></o:p></span></p>
42.  
43. <p><span style="font-family: arial; font-size: 11pt;">Moreover,
44. Astro should assess the financial impact of cloud adoption, not only in terms
45. of initial migration costs but also long-term benefits such as reduced hardware
46. expenditures and improved disaster recovery capabilities (Marston et al.,
47. 2011). Finally, the organizational culture must be ready to embrace digital
48. transformation, requiring targeted training and change management strategies to
49. facilitate user adoption and minimize resistance.<o:p></o:p></span></p>
50.  
51. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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53. <span style="font-family: arial;"><script>
54.     (adsbygoogle = window.adsbygoogle || []).push({});
55. </script>
56.  
57. </span><p><span style="font-family: arial;"><strong><span face=""Arial",sans-serif" style="font-size: 11pt;">2. Why
58. is it necessary to review current business processes?</span></strong><span face=""Arial",sans-serif" style="font-size: 11pt;"><o:p></o:p></span></span></p>
59.  
60. <p><span style="font-family: arial; font-size: 11pt;">The review of
61. existing business processes is essential when implementing transformative
62. technologies like cloud computing. For Astro, this exercise ensures that legacy
63. workflows align with the firm’s evolving strategic goals and technological
64. capabilities. Business process reengineering (BPR) allows the company to
65. identify inefficiencies, reduce redundancies, and leverage automation
66. opportunities (Hammer & Champy, 2009).<o:p></o:p></span></p>
67.  
68. <p><span style="font-family: arial; font-size: 11pt;">Without such
69. review, new technologies may be constrained by outdated practices, leading to
70. suboptimal performance and limited return on investment. As Brynjolfsson and
71. McAfee (2014) emphasize, digital innovation yields the greatest benefits when
72. it is coupled with complementary changes in organizational processes and
73. decision-making frameworks.<o:p></o:p></span></p>
74.  
75. <p><span style="font-family: arial; font-size: 11pt;">Through the
76. lens of enterprise architecture, aligning IT infrastructure with business
77. strategy ensures coherence and synergy across departments (Ross, Weill &
78. Robertson, 2006). Astro’s review thus enables better responsiveness to market
79. dynamics, enhances data visibility, and fosters a culture of continuous
80. improvement. The process also supports compliance, accountability, and
81. efficiency benchmarks crucial for maintaining a competitive edge in a rapidly
82. evolving digital economy.<o:p></o:p></span></p>
83.  
84. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
85. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
86. <span style="font-family: arial;"><script>
87.     (adsbygoogle = window.adsbygoogle || []).push({});
88. </script>  
89.  
90. </span><p><span style="font-family: arial;"><strong><span face=""Arial",sans-serif" style="font-size: 11pt;">3. How
91. will data analytics benefit Astro, and how will AI services such as Amazon’s
92. Athena facilitate this?</span></strong><span face=""Arial",sans-serif" style="font-size: 11pt;"><o:p></o:p></span></span></p>
93.  
94. <p><span style="font-family: arial; font-size: 11pt;">Data analytics
95. provides Astro with a powerful toolset for extracting strategic insights from
96. structured and unstructured data sources. Through techniques such as predictive
97. modelling, clustering, and regression analysis, Astro can better understand
98. consumer behaviour, forecast market trends, and optimize supply chain
99. operations (Davenport & Harris, 2007). This data-driven approach enhances
100. decision-making, reduces uncertainty, and improves customer targeting.<o:p></o:p></span></p>
101.  
102. <p><span style="font-family: arial; font-size: 11pt;">AI services
103. like Amazon Athena extend these capabilities by enabling serverless SQL queries
104. over datasets stored in Amazon S3, allowing real-time analysis without the need
105. for provisioning dedicated infrastructure (Amazon Web Services, n.d.). Athena’s
106. compatibility with business intelligence tools and support for standard query
107. languages ensures accessibility for both technical and non-technical users.<o:p></o:p></span></p>
108.  
109. <p><span style="font-family: arial; font-size: 11pt;">According to
110. Gandomi and Haider (2015), big data analytics is most effective when integrated
111. with AI systems that enable natural language processing, pattern recognition,
112. and machine learning. For Astro, this integration facilitates scalable
113. analysis, democratizes access to insights, and encourages cross-functional
114. collaboration. As outlined in the case study, Athena can significantly reduce
115. latency in accessing and querying datasets, thereby accelerating Astro’s
116. strategic responsiveness and operational efficiency.<o:p></o:p></span></p>
117.  
118. <iframe width="560" height="315" src="https://www.youtube.com/embed/AChfIfQ4gjw?si=d0_rv_J7AdIXM2hn" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>  
119.  
120. <p><b><span style="font-family: arial; font-size: 11pt;">References <o:p></o:p></span></b></p>
121.  
122. <p><span style="font-family: arial; font-size: 11pt;">Amazon Web
123. Services. (n.d.). <em><span face=""Arial",sans-serif">Amazon
124. Athena</span></em>. Retrieved from https://aws.amazon.com/athena/ <o:p></o:p></span></p>
125.  
126. <p><span style="font-family: arial; font-size: 11pt;">Armbrust, M.,
127. Fox, A., Griffith, R., Joseph, A. D., Katz, R., Konwinski, A., ... &
128. Zaharia, M. (2010). A view of cloud computing. <em><span face=""Arial",sans-serif">Communications of the ACM</span></em>, 53(4), 50–58.</span></p>
129.  
130. <p><span style="font-family: arial; font-size: 11pt;">Brynjolfsson,
131. E., & McAfee, A. (2014). <em><span face=""Arial",sans-serif">The
132. Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant
133. Technologies</span></em>. W.W. Norton & Company.<o:p></o:p></span></p>
134.  
135. <p><span style="font-family: arial; font-size: 11pt;">Davenport, T.
136. H., & Harris, J. G. (2007). <em><span face=""Arial",sans-serif">Competing
137. on Analytics: The New Science of Winning</span></em>. Harvard Business Press.<o:p></o:p></span></p>
138.  
139. <p><span style="font-family: arial; font-size: 11pt;">Gandomi, A.,
140. & Haider, M. (2015). Beyond the hype: Big data concepts, methods, and
141. analytics. <em><span face=""Arial",sans-serif">International
142. Journal of Information Management</span></em>, 35(2), 137–144.<o:p></o:p></span></p>
143.  
144. <p><span style="font-family: arial; font-size: 11pt;">Hammer, M.,
145. & Champy, J. (2009). <em><span face=""Arial",sans-serif">Reengineering
146. the Corporation: Manifesto for Business Revolution</span></em>. HarperBusiness.<o:p></o:p></span></p>
147.  
148. <p><span style="font-family: arial; font-size: 11pt;">Marston, S.,
149. Li, Z., Bandyopadhyay, S., Zhang, J., & Ghalsasi, A. (2011). Cloud
150. computing—The business perspective. <em><span face=""Arial",sans-serif">Decision
151. Support Systems</span></em>, 51(1), 176–189.<o:p></o:p></span></p>
152.  
153. <p><span style="font-family: arial; font-size: 11pt;">Pearson, S.,
154. & Benameur, A. (2010). Privacy, security and trust issues arising from
155. cloud computing. In <em><span face=""Arial",sans-serif">2010 IEEE
156. Second International Conference on Cloud Computing Technology and Science</span></em>
157. (pp. 693–702). IEEE.<o:p></o:p></span></p>
158.  
159. <p><span style="font-family: arial; font-size: 11pt;">Rittinghouse,
160. J. W., & Ransome, J. F. (2016). <em><span face=""Arial",sans-serif">Cloud
161. Computing: Implementation, Management, and Security</span></em>. CRC Press.<o:p></o:p></span></p>
162.  
163. <p><span style="font-family: arial; font-size: 11pt;">Ross, J. W.,
164. Weill, P., & Robertson, D. (2006). <em><span face=""Arial",sans-serif">Enterprise
165. Architecture as Strategy: Creating a Foundation for Business Execution</span></em>.
166. Harvard Business Press.<o:p></o:p></span></p>
167.  
168. <p><b><span style="font-family: arial; font-size: 11pt;">Published
169. by: <a href="http://hrforum.uk">HR Forum News</a></span></b></p></div>
170.  
171. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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173. <script>
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175. &lt;/script&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/1603081513596239002/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/07/astro-leveraging-data-for-customer-driven-service-973.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1603081513596239002'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1603081513596239002'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/07/astro-leveraging-data-for-customer-driven-service-973.html' title='Astro: Leveraging Data for Customer-Driven Service.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/AChfIfQ4gjw/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-4709744992303698758</id><published>2025-07-15T19:17:00.000+00:00</published><updated>2025-07-15T19:17:43.266+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>MTN Ghana: Market Penetration Through Digital Innovation.</title><content type='html'>&lt;p&gt;&lt;a href=&quot;https://ghananews.hrforum.uk/2022/10/profile-of-mtn-ghana-scancom-plc-member-of-mtn-group-591.html&quot; style=&quot;font-family: Arial, sans-serif; font-size: 11pt;&quot;&gt;MTN Ghana&lt;/a&gt;&lt;span style=&quot;font-family: Arial, sans-serif; font-size: 11pt;&quot;&gt; is the market
176. leader in Ghana’s telecom industry, holding over </span><a href="https://ghananews.hrforum.uk/2022/10/mtn-vodafone-and-airteltigo-have-98-percent-data-market-share-in-ghana-585.html" style="font-family: Arial, sans-serif; font-size: 11pt;">60% market share</a><span style="font-family: Arial, sans-serif; font-size: 11pt;">. A key driver
177. of its success is MTN Mobile Money (MoMo), which has transformed financial
178. transactions across the country. MTN also offers affordable data bundles, innovative
179. promotions, and strong network coverage. Despite its dominance, the company
180. faces challenges such as rising operational costs, regulatory pressures, and
181. stiff competition from Vodafone and AirtelTigo.</span></p><p class="MsoNormal" style="line-height: 115%;"><b><span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Practical
182. Questions:<o:p></o:p></span></b></p><p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">1. If you were
183. launching a new telecom company in Ghana, how would you compete with MTN’s
184. dominance?<o:p></o:p></span></p><p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">2. How can MTN use
185. digital platforms to increase customer engagement beyond mobile money?<o:p></o:p></span></p><p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">3. What practical
186. steps should MTN take to improve its rural market penetration?<o:p></o:p></span></p><p class="MsoNormal" style="line-height: 115%;">
187.  
188.  
189.  
190.  
191.  
192.  
193.  
194.  
195.  
196.  
197.  
198. </p><p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">4. If MTN faced a
199. major security breach in its MoMo services, how should it respond?</span></p><p class="MsoNormal" style="line-height: 115%;"><b><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Solutions:</span></b></p>
200.  
201. <p class="MsoNormal" style="line-height: 115%;"><b><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">1. If
202. you were launching a new telecom company in Ghana, how would you compete with
203. MTN’s dominance?<o:p></o:p></span></b></p>
204.  
205. <p style="line-height: 115%;"><span style="font-family: arial; font-size: 11pt; line-height: 115%;">Launching a new telecom company in Ghana to
206. compete with MTN’s dominance requires a strategic blend of differentiation,
207. innovation, and customer-centricity. MTN’s market share, exceeding 60%, is
208. largely attributed to its expansive network coverage, affordable data bundles,
209. and the transformative success of Mobile Money (MoMo) services (Tech Labari,
210. 2024). To challenge this dominance, a new entrant must avoid direct replication
211. and instead focus on underserved niches and value-added services.<o:p></o:p></span></p>
212.  
213. <p style="line-height: 115%;"><span style="font-family: arial; font-size: 11pt; line-height: 115%;">First, the new company should prioritize <strong><span face=""Arial",sans-serif">rural connectivity</span></strong>
214. through cost-effective infrastructure solutions such as Huawei’s RuralStar
215. technology, which MTN itself has used to expand coverage in low-density areas
216. (Adadevoh, 2019). By offering reliable service in regions where MTN’s presence
217. is limited or inconsistent, the new entrant can build loyalty among rural
218. users. Second, <strong><span face=""Arial",sans-serif">pricing
219. innovation</span></strong> is essential. MTN’s pricing is competitive, but a
220. new company can introduce flexible micro-bundles, loyalty-based discounts, and
221. zero-rated access to educational or health platforms to appeal to
222. price-sensitive consumers.<o:p></o:p></span></p>
223.  
224. <p style="line-height: 115%;"><span style="font-family: arial; font-size: 11pt; line-height: 115%;">Third, the new entrant should invest in <strong><span face=""Arial",sans-serif">digital customer experience</span></strong>,
225. leveraging AI-driven chatbots and self-service apps to streamline support and
226. reduce operational costs. MTN’s partnership with Genesys and Accenture to
227. enhance customer experience through cloud-native platforms demonstrates the
228. importance of digital transformation (MTN Group, 2023). Finally, <strong><span face=""Arial",sans-serif">strategic partnerships</span></strong>
229. with fintechs, SMEs, and local content creators can foster community engagement
230. and brand differentiation, especially in urban youth markets where MTN’s brand
231. is strong but not unassailable.<o:p></o:p></span></p>
232.  
233. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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238.  
239. <p class="MsoNormal" style="line-height: 115%;"><b><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">2. How
240. can MTN use digital platforms to increase customer engagement beyond mobile
241. money?<o:p></o:p></span></b></p>
242.  
243. <p style="line-height: 115%;"><span style="font-family: arial; font-size: 11pt; line-height: 115%;">While MTN Mobile Money has revolutionized
244. financial inclusion in Ghana, the company must diversify its digital engagement
245. to sustain customer loyalty. MTN can leverage platforms like Ayoba, MyMTN App,
246. and MediaX to create immersive, personalized experiences. Ayoba, for instance,
247. integrates messaging, content sharing, and micro-apps, offering a super-app
248. ecosystem that goes beyond financial transactions (MTN Ghana, 2023).<o:p></o:p></span></p>
249.  
250. <p style="line-height: 115%;"><span style="font-family: arial; font-size: 11pt; line-height: 115%;">MTN’s partnership with OnePIN to launch MediaX
251. in Ghana enables interactive mobile advertising, allowing brands to engage
252. users through personalized campaigns (OnePIN, 2025). This platform can be
253. expanded to include gamified loyalty programs, educational content, and
254. community-driven challenges that reward participation. Additionally, MTN’s use
255. of AI and machine learning through Genesys Cloud CX allows for real-time
256. customer insights, enabling tailored promotions and proactive support (MTN
257. Group, 2023).<o:p></o:p></span></p>
258.  
259. <p style="line-height: 115%;"><span style="font-family: arial; font-size: 11pt; line-height: 115%;">To deepen engagement, MTN should also integrate
260. <strong><span face=""Arial",sans-serif">social commerce</span></strong>
261. features into its apps, allowing users to buy, sell, and promote products
262. within their networks. By embedding MoMo into these platforms, MTN can create a
263. seamless digital lifestyle experience that strengthens its ecosystem and
264. reduces churn.<o:p></o:p></span></p>
265.  
266. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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268. <script>
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271.  
272. <p class="MsoNormal" style="line-height: 115%;"><b><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">3.
273. What practical steps should MTN take to improve its rural market penetration?</span></b></p>
274.  
275. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">MTN’s rural market
276. strategy must address affordability, accessibility, and relevance. Despite its
277. dominance, only 15% of mobile users in Ghana were using 4G by mid-2023, with
278. rural areas lagging significantly (Mordor Intelligence, 2025). MTN should accelerate
279. its Rapid Rural Rollout (R3) program, which has already connected over 6.9
280. million rural users, by deploying low-cost LTE infrastructure and leveraging
281. solar-powered base stations to reduce operational costs (MTN Group, 2019).</span></p>
282.  
283. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Affordability remains a
284. barrier, with many rural users unable to purchase smartphones. MTN’s
285. partnership with OEMs to distribute KaiOS-powered smart feature phones can
286. bridge this gap, offering internet access at a fraction of the cost (Adadevoh,
287. 2019). Additionally, MTN should expand MoMo merchant networks in rural markets,
288. enabling local businesses to accept digital payments and access micro-loans,
289. thereby embedding MTN into the rural economic fabric (GSMA, 2020).</span></p>
290.  
291. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Localized content and
292. language support are also critical. MTN can collaborate with educational
293. institutions and NGOs to deliver agricultural tips, health information, and
294. financial literacy through voice and SMS platforms. By aligning its rural
295. strategy with national development goals, MTN can secure regulatory goodwill
296. and long-term market growth.</span></p>
297.  
298. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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300. <script>
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303.  
304. <p class="MsoNormal" style="line-height: 115%;"><b><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">4. If
305. MTN faced a major security breach in its MoMo services, how should it respond?</span></b></p>
306.  
307. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">In the event of a major
308. security breach in MTN’s MoMo services, the company must respond with
309. transparency, urgency, and accountability. A recent incident involving a
310. customer who lost GH¢11,000 due to alleged fraud sparked public concern,
311. although MTN’s investigation attributed the loss to social engineering rather
312. than a system breach (Graphic Online, 2025). Nonetheless, such events erode
313. trust and require a robust crisis management framework.</span></p>
314.  
315. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">MTN should immediately
316. acknowledge the breach, initiate forensic investigations, and communicate
317. findings to affected users. Proactive engagement, including direct outreach and
318. public updates, helps contain reputational damage. The company must also collaborate
319. with regulators like the Bank of Ghana and the Data Protection Commission to
320. ensure compliance and reinforce its commitment to user protection (Pulse Ghana,
321. 2025).</span></p>
322.  
323. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Technically, MTN should
324. enhance its multi-factor authentication, introduce biometric verification for
325. high-value transactions, and deploy AI-based fraud detection systems.
326. Educational campaigns on digital hygiene, such as avoiding PIN sharing and
327. recognizing phishing attempts, must be intensified across all platforms.
328. Finally, MTN should offer compensation or insurance options for verified
329. victims, demonstrating empathy and reinforcing its leadership in digital
330. financial services.</span></p>
331.  
332. <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/aOIrW5et6QQ?si=kOev0Uilx3eVF9M5" title="YouTube video player" width="560"></iframe>
333.  
334. <p class="MsoNormal" style="line-height: 115%;"><b><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">References</span></b></p>
335.  
336. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Adadevoh, S. (2019).
337. How to drive the demand-side better enable rural connectivity in Africa. MTN
338. Group Presentation.</span></p>
339.  
340. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Graphic Online. (2025).
341. MTN MoMo denies system breach in viral GH¢11,000 fraud claim, cites customer
342. negligence.</span></p>
343.  
344. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">GSMA. (2020). MTN MoMo
345. Pay Merchant Payments: Expanding Women’s Mobile Money Use in Ghana.</span></p>
346.  
347. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">MTN Group. (2023). MTN,
348. Accenture and Genesys unite to elevate the customer experience.</span></p>
349.  
350. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">MTN Ghana. (2023).
351. Annual Report 2023.</span></p>
352.  
353. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Mordor Intelligence.
354. (2025). Ghana Telecom Market Size & Share Analysis.</span></p>
355.  
356. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">OnePIN. (2025). OnePIN
357. Partners with MTN Ghana to Launch Next-Generation Digital Advertising
358. Solutions.</span></p>
359.  
360. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;">Pulse Ghana. (2025).
361. MTN confirms recent security breach affecting 5,700 users.<o:p></o:p></span></p>
362.  
363. <p class="MsoNormal" style="line-height: 115%;"><span lang="EN-US" style="font-family: arial; font-size: 11pt; line-height: 115%;"><b>Published by: <a href="http://hrforum.uk">HR Forum News</a></b></span></p>
364.  
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369. &lt;/script&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/4709744992303698758/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/07/mtn-ghana-market-penetration-through-digital-innovation-972.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/4709744992303698758'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/4709744992303698758'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/07/mtn-ghana-market-penetration-through-digital-innovation-972.html' title='MTN Ghana: Market Penetration Through Digital Innovation.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/aOIrW5et6QQ/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-7611078646599495937</id><published>2025-07-01T15:05:00.000+00:00</published><updated>2025-07-01T15:05:17.284+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>A case of Diskonto’s Information System Solution.</title><content type='html'>&lt;p&gt;&lt;span style=&quot;font-family: arial; font-size: 11pt;&quot;&gt;&lt;b&gt;CASE:&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style=&quot;font-family: arial; font-size: 11pt;&quot;&gt;Diskonto operates deep-discount stores in
370. Estonia offering housewares, cleaning supplies, clothing, health and beauty
371. aids, and packaged food, with most items selling for a very low price. Its
372. business model calls for keeping costs as low as possible. The company has no
373. automated method for keeping track of inventory at each store. Managers know
374. approximately how many cases of a particular product the store is supposed to
375. receive when a delivery truck arrives, but the stores lack technology for
376. scanning the cases or verifying the item count inside the cases. Merchandise
377. losses from theft or other mishaps have been rising and now represent more than
378. 3 percent of total sales.</span></p>
379.  
380. <p class="MsoNormal"><b><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Question:<o:p></o:p></span></b></p>
381.  
382. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
383. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
384. <span style="font-family: arial;"><script>
385.     (adsbygoogle = window.adsbygoogle || []).push({});
386. </script>
387.  
388. </span><p class="MsoNormal"></p><ul style="text-align: left;"><li><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">What decisions have to be made before investing
389. in an information system solution?</span></li></ul><div><p class="MsoNormal"><b><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Solution:<o:p></o:p></span></b></p>
390.  
391. <p class="MsoNormal"><b><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">What decisions have to be made before
392. investing in an information system solution?<o:p></o:p></span></b></p>
393.  
394. <p class="MsoNormal"><span style="font-family: arial;"><span face=""Arial",sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;">An information system is a set of interrelated
395. components that work together to collect, process, store, and distribute
396. information to support decision-making, coordination, and control in an
397. organization (Laudon & Laudon, 2017). According to Alter (2013), an
398. information system can be viewed as a work system that captures, transmits,
399. stores, retrieves, manipulates, and displays information, thereby facilitating
400. organizational activities.</span><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;"><o:p></o:p></span></span></p>
401.  
402. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Before investing in an information
403. system solution to address the rising merchandise losses and inventory
404. management challenges, Diskonto needs to make several critical decisions.
405. Firstly, the company must clearly define the objectives and scope of the proposed
406. information system. According to the case, the primary goal would be to reduce
407. merchandise losses, which currently stand at over 3 percent of total sales, by
408. implementing a more accurate and efficient inventory tracking system (Diskonto
409. case). This would involve identifying the specific areas of the business that
410. the system needs to address, such as inventory management, stock tracking, and
411. loss prevention.<o:p></o:p></span></p>
412.  
413. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Another crucial decision is the
414. selection of the appropriate technology for the information system. Given
415. Diskonto's business model, which emphasizes keeping costs as low as possible,
416. the company would need to weigh the costs and benefits of different technologies,
417. such as barcode scanning, RFID tagging, or other inventory tracking solutions
418. (Laudon & Laudon, 2017). The chosen technology should not only be effective
419. in reducing losses but also align with the company's cost-saving objectives.<o:p></o:p></span></p>
420.  
421. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
422. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
423. <span style="font-family: arial;"><script>
424.     (adsbygoogle = window.adsbygoogle || []).push({});
425. </script>
426.  
427. </span><p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Diskonto would also need to decide
428. on the level of automation required for the system. For instance, would the
429. company implement a fully automated system where inventory is tracked in
430. real-time, or a semi-automated system where employees periodically scan or
431. count inventory? This decision would depend on the company's specific needs,
432. the complexity of its inventory, and the potential return on investment.<o:p></o:p></span></p>
433.  
434. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Furthermore, the company would need
435. to consider the integration of the new information system with existing
436. business processes and systems. This includes determining how the system would
437. interface with current accounting, purchasing, and sales systems to ensure
438. seamless data flow and minimize disruptions (Alter, 2013). Diskonto would also
439. need to assess the potential impact on employee workflows and decide on any
440. necessary changes to business processes to maximize the benefits of the new
441. system.<o:p></o:p></span></p>
442.  
443. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Finally, Diskonto would need to
444. evaluate the total cost of ownership of the proposed information system,
445. including not only the initial investment in hardware and software but also
446. ongoing costs such as maintenance, support, and training (Bocij et al., 2018).
447. The company would need to determine whether the expected reduction in
448. merchandise losses and potential improvements in operational efficiency would
449. justify the investment in the information system.<o:p></o:p></span></p>
450.  
451. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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453. <span style="font-family: arial;"><script>
454.     (adsbygoogle = window.adsbygoogle || []).push({});
455. </script>
456.  
457. </span><p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">By carefully considering these
458. decisions, Diskonto can ensure that any investment in an information system
459. solution is strategic, cost-effective, and aligned with its business
460. objectives.<o:p></o:p></span></p>
461.  
462. <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/AChfIfQ4gjw?si=CUQiMz6cyYySuhmE" title="YouTube video player" width="560"></iframe>
463.  
464. <p class="MsoNormal"><b><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">References<o:p></o:p></span></b></p>
465.  
466. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Alter, S. (2013). Work system
467. theory: Overview of core concepts, extensions, and digital work system cases.
468. Springer.<o:p></o:p></span></p>
469.  
470. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Bocij, P., Greasley, A., &
471. Hickie, S. (2018). Business information systems: Technology, development and
472. management for the e-business. Routledge.<o:p></o:p></span></p>
473.  
474. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Laudon, K. C., & Laudon, J. P.
475. (2017). Management information systems: Managing the digital firm. Pearson
476. Education.<o:p></o:p></span></p>
477.  
478. <p class="MsoNormal"><b><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;"><span style="font-family: arial;">Published by: <a href="http://hrforum.uk">HR Forum News</a></span><o:p></o:p></span></b></p><span face="Arial, sans-serif"><span style="font-size: 14.6667px;"></span></span></div><p></p>
479.  
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482. <script>
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484. &lt;/script&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/7611078646599495937/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/07/a-case-of-diskontos-information-system-solution-971.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7611078646599495937'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7611078646599495937'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/07/a-case-of-diskontos-information-system-solution-971.html' title='A case of Diskonto’s Information System Solution.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/AChfIfQ4gjw/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-1604947074017559370</id><published>2025-06-28T13:02:00.003+00:00</published><updated>2025-06-28T14:50:48.202+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>Information Systems; the case of Magical Toys.</title><content type='html'>&lt;p class=&quot;MsoNormal&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;&quot;&gt;CASE:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span lang=&quot;EN-GB&quot; style=&quot;font-family: arial; font-size: 11pt; line-height: 115%;&quot;&gt;Magical Toys is a South African toy store
485. chain. The toys are sold in their five stores and from their own web shop. Each
486. Tuesday, management needs sales reports from last week’s activities. Work at
487. the stores is hectic, so usually at least one store fails to deliver the
488. report, making it impossible to sum up the previous week’s sales. The reports,
489. sent by email as spreadsheets, sometimes have inconclusive or erroneous data,
490. and following up means that employees are unable to give their full focus to
491. the customers. Some errors in the spreadsheets may also cause the purchasing
492. manager to place unnecessary purchase orders. <o:p></o:p></span></p>
493.  
494. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;"><b>Questions:</b></span></p><p class="MsoNormal"></p><ul style="text-align: left;"><li><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">What are the main issues that Magical Toys
495. faces in the absence of an information system?</span></li><li><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">How could an information system be of help, and
496. what issues can an information system not solve?</span></li></ul>
497.  
498. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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502. </script>
503.  
504. <div><span face="Arial, sans-serif"><span style="font-family: arial; font-size: 14.6667px;"><b>Solutions:</b></span></span></div><p></p><p>
505.  
506. </p><p class="MsoNormal"><b><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">1. What are the main
507. issues that Magical Toys faces in the absence of an information system?<o:p></o:p></span></b></p>
508.  
509. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Magical Toys, operating across five
510. physical stores and an online platform, faces several operational
511. inefficiencies due to its reliance on manual reporting. The primary issue is
512. the lack of timely and complete sales data. Each Tuesday, management depends on
513. individual store reports, but frequently, at least one store fails to deliver
514. its spreadsheet, preventing a consolidated view of weekly sales. This leads to data
515. gaps and delays in decision-making (Laudon & Laudon, 2020).<o:p></o:p></span></p>
516.  
517. <p class="MsoNormal"><span style="font-family: arial;"><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Another major problem lies in the quality
518. of data. Reports are sent via email in spreadsheet format, often containing
519. errors or inconclusive figures. These inaccuracies demand time-consuming
520. follow-ups, pulling employees away from customer service responsibilities and
521. increasing the risk of human error. One notable consequence is the impact on
522. inventory decisions. Because the purchasing manager relies on flawed data,
523. there is a real risk of generating unnecessary purchase orders, leading to
524. either excess inventory or unmet demand</span><span face=""Arial",sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;">, </span><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">both costly outcomes (Turban et al., 2018).<o:p></o:p></span></span></p>
525.  
526. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Furthermore, the manual
527. consolidation of reports under pressure contributes to employee stress and
528. undermines overall efficiency. This chaotic reporting structure reflects the
529. classic pitfalls of not adopting a centralized system, where siloed data and inconsistent
530. procedures weaken operational control and responsiveness (O’Brien &
531. Marakas, 2011).<o:p></o:p></span></p>
532.  
533. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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537. </script>
538.  
539. <p class="MsoNormal"><b><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">2. How could an
540. information system be of help, and what issues can an information system not
541. solve?<o:p></o:p></span></b></p>
542.  
543. <p class="MsoNormal"><span style="font-family: arial;"><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">An integrated information system
544. could significantly improve Magical Toys’ operations by automating and
545. centralizing its sales reporting. For example, with a real-time point-of-sale
546. (POS) system linked to a centralized database, sales data from all five stores
547. and the </span><span face=""Arial",sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;">web shop</span><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;"> could
548. be automatically updated and accessible to management without relying on manual
549. submissions. This would eliminate delays and inconsistencies, providing
550. accurate, timely insights (Stair & Reynolds, 2021).<o:p></o:p></span></span></p>
551.  
552. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Additionally, such a system could
553. enhance inventory management. By tracking stock levels and customer purchasing
554. trends, the system could support the purchasing manager with precise reorder
555. recommendations, thereby avoiding overstocking or shortages. Integration with
556. enterprise resource planning (ERP) software would further ensure consistency
557. between sales, inventory, and procurement functions, fostering better alignment
558. across the company (Turban et al., 2018).<o:p></o:p></span></p>
559.  
560. <p class="MsoNormal"><span style="font-family: arial;"><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">However, it's important to
561. recognize the limitations of an information system. While it can streamline
562. processes and improve data accuracy, it cannot rectify behavioral or cultural
563. issues. For instance, if staff are inadequately trained or resistant to
564. adopting new systems, data quality may still suffer. Moreover, systemic
565. problems such as poor staffing levels or an overwhelming work environment
566. cannot be solved by technology alone. Effective implementation requires strong
567. leadership, staff engagement, and ongoing support</span><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%;"> </span><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">factors that lie outside the system’s technical
568. capabilities (Laudon & Laudon, 2020).<o:p></o:p></span></span></p>
569.  
570. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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575.  
576. <p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">In conclusion, Magical Toys faces
577. critical operational challenges stemming from its manual, decentralized
578. reporting practices. An information system could substantially address these
579. issues by automating data collection and enhancing coordination across business
580. functions. Nonetheless, achieving full benefits from such a system depends on
581. the organization’s willingness to invest in change management, training, and a
582. supportive work culture.</span><span face=""Arial",sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;"><o:p></o:p></span></p>
583.  
584. <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/AChfIfQ4gjw?si=CUQiMz6cyYySuhmE" title="YouTube video player" width="560"></iframe>
585.  
586. <p class="MsoNormal"><b><span face=""Arial",sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;"><span style="font-family: arial;">References</span><o:p></o:p></span></b></p>
587.  
588. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Laudon, K. C., & Laudon, J. P. (2020). Management
589. Information Systems: Managing the Digital Firm (16th ed.). Pearson. <o:p></o:p></span></p>
590.  
591. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Turban, E., Volonino, L., & Wood, G.
592. (2018). Information Technology for Management: On-Demand Strategies for
593. Performance, Growth and Sustainability (11th ed.). Wiley. <o:p></o:p></span></p>
594.  
595. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Stair, R., & Reynolds, G. (2021). Principles
596. of Information Systems (13th ed.). Cengage Learning. <o:p></o:p></span></p>
597.  
598. <p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">O’Brien, J. A., & Marakas, G. M. (2011). Management
599. Information Systems (10th ed.). McGraw-Hill Education.<o:p></o:p></span></p>
600.  
601. <p class="MsoNormal"><b><span face=""Arial",sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;"><span style="font-family: arial;">Published by: <a href="http://hrforum.uk">HR Forum News</a></span><o:p></o:p></span></b></p>
602.  
603. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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607. &lt;/script&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/1604947074017559370/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/06/information-systems-the-case-of-magical-toys-970.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1604947074017559370'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1604947074017559370'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/06/information-systems-the-case-of-magical-toys-970.html' title='Information Systems; the case of Magical Toys.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/AChfIfQ4gjw/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-8144735724845932760</id><published>2025-06-26T14:49:00.001+00:00</published><updated>2025-06-26T17:19:15.222+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>Competing in the Energy Market; a GOIL Case.</title><content type='html'>&lt;p&gt;&lt;span style=&quot;font-family: arial;&quot;&gt;&lt;b style=&quot;text-align: justify;&quot;&gt;&lt;span face=&quot;&amp;quot;Arial&amp;quot;,sans-serif&quot; lang=&quot;EN-US&quot; style=&quot;font-size: 11pt;&quot;&gt;CASE:&lt;/span&gt;&lt;/b&gt;&lt;span face=&quot;Arial, sans-serif&quot; style=&quot;font-size: 11pt; text-align: justify;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
608.  
609. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">GOIL,
610. a state-owned petroleum company, competes with foreign brands like Shell and
611. TotalEnergies. Fluctuating fuel prices, government policies, and the push for
612. renewable energy present challenges.</span></p>
613.  
614. <p class="MsoNormal"></p><ul style="text-align: left;"><li><b><span face=""Arial",sans-serif" lang="EN-US" style="background: white; color: #1d1d1d; font-family: arial; font-size: 11pt; mso-bidi-language: AR; mso-fareast-font-family: Helvetica;">How can GOIL remain competitive against
615. multinational fuel companies?</span></b></li><li><b><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">Should GOIL invest in renewable energy solutions? why or
616. why not?</span></b></li><li><b><span face=""Arial",sans-serif" lang="EN-US" style="background: white; color: black; font-family: arial; font-size: 11pt; mso-bidi-language: AR; mso-fareast-font-family: Helvetica; mso-themecolor: text1;">What pricing strategies should GOIL
617. adopt in response to global oil price changes?</span></b></li><li><b><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">How can GOIL improve its service delivery to enhance
618. customer loyalty?</span></b></li></ul><p></p>
619.  
620. <p class="MsoNormal"><b><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">SOLUTION:</span></b></p>
621.  
622. <p class="MsoNormal" style="background: white;"><b><span face="Arial, sans-serif" lang="en-GH" style="background: white; font-family: arial; font-size: 11pt;">1.1 Introduction</span></b></p>
623.  
624. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="background: white; font-family: arial; font-size: 11pt;">The
625. petroleum industry is a highly competitive and dynamic sector, characterized by
626. fluctuating fuel prices, changing government policies, and the growing push for
627. renewable energy. In Ghana, the state-owned petroleum company, GOIL, faces
628. intense competition from multinational fuel companies such as Shell and
629. TotalEnergies. To remain relevant and competitive, GOIL must adopt strategies
630. that address the challenges posed by the ever-changing petroleum landscape.</span></p>
631.  
632. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="background: white; font-family: arial; font-size: 11pt;">According
633. to Kumar, Singh, and Kumar (2017), companies operating in the petroleum sector
634. must be adaptable and responsive to changes in the market. This requires a deep
635. understanding of the factors that influence the industry, including global oil
636. price changes, government policies, and shifting consumer preferences.</span></p>
637.  
638. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="background: white; font-family: arial; font-size: 11pt;">In
639. this essay, we will explore the strategies that GOIL can adopt to remain
640. competitive against multinational fuel companies. We will examine the question
641. of whether GOIL should invest in renewable energy solutions, and discuss the
642. pricing strategies that the company can adopt in response to global oil price
643. changes. Finally, we will consider how GOIL can improve its service delivery to
644. enhance customer loyalty.</span></p>
645.  
646. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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648. <span style="font-family: arial;"><script>
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650. </script>
651.  
652. </span><p class="MsoNormal" style="background: white;"><b><span face=""Arial",sans-serif" lang="EN-US" style="background: white; color: #1d1d1d; font-family: arial; font-size: 11pt; mso-bidi-language: AR; mso-fareast-font-family: Helvetica;">2.1 How can GOIL
653. remain competitive against multinational fuel companies?</span></b></p>
654.  
655. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt;">To remain competitive against
656. multinational fuel companies, GOIL must adopt strategies that address the
657. challenges posed by fluctuating fuel prices, government policies, and the push
658. for renewable energy. One approach is to diversify its operations and invest in
659. renewable energy sources, such as solar and biofuels. This would enable GOIL to
660. reduce its dependence on fossil fuels and capitalize on the growing demand for
661. cleaner energy.</span></p>
662.  
663. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt;">Another strategy is to focus on
664. improving operational efficiency and reducing costs. GOIL can achieve this by
665. investing in digital technologies, such as artificial intelligence and
666. blockchain, to optimize its supply chain and logistics (Makarov & Sokolov,
667. 2020). Additionally, GOIL can explore opportunities for partnerships and
668. collaborations with other companies to share resources and expertise (Kolk
669. & Pinkse, 2020).</span></p>
670.  
671. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt;">Furthermore, GOIL must prioritize
672. customer satisfaction and loyalty by offering high-quality products and
673. services. This can be achieved by investing in staff training and development,
674. as well as implementing customer-centric strategies, such as loyalty programs
675. and rewards (Hallowell, 2018). By building strong relationships with its
676. customers, GOIL can differentiate itself from its competitors and maintain a
677. loyal customer base.</span></p>
678.  
679. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt;">In terms of government policies, GOIL
680. must engage with policymakers and regulatory bodies to ensure that its
681. interests are represented. This can involve participating in industry
682. associations and advocacy groups, as well as providing input on policy
683. proposals that affect the energy sector (Kolk & Pinkse, 2020).</span></p>
684.  
685. <p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt;">Finally, GOIL must invest in research
686. and development to stay ahead of the competition. This can involve partnering
687. with universities and research institutions to explore new technologies and
688. innovations in the energy sector (Makarov & Sokolov, 2020). By staying at
689. the forefront of technological advancements, GOIL can identify new
690. opportunities and stay competitive in a rapidly changing market.</span></p>
691.  
692. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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694. <span style="font-family: arial;"><script>
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696. </script>
697.  
698. </span><p class="MsoNormal"><b><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">3.1 Should GOIL invest in renewable energy solutions? why
699. or why not?</span></b></p>
700.  
701. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Yes, GOIL should invest in
702. renewable energy solutions.</span></p>
703.  
704. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Firstly, the global energy
705. market is experiencing a significant shift towards renewable energy. According
706. to the International Energy Agency (IEA), global investment in clean energy has
707. accelerated since 2020, with spending on renewable power, grids, and storage
708. now higher than total spending on oil, gas, and coal (IEA, 2024). This trend
709. indicates a growing preference for renewable energy sources, driven by the need
710. to reduce greenhouse gas emissions and combat climate change. Investing in
711. renewable energy would allow GOIL to align with global energy trends and reduce
712. its carbon footprint, thereby enhancing its reputation and competitiveness in
713. the market.</span></p>
714.  
715. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Moreover, the cost of
716. renewable energy technologies has been decreasing over the years, making them
717. more economically viable. The IEA reports that the cost of solar power is
718. expected to decline by approximately 15% to 35% by 2024, which will drive
719. companies to invest in renewable energy rather than allocating resources to oil
720. (IEA, 2020). By investing in renewable energy, GOIL can take advantage of these
721. cost reductions and diversify its energy portfolio, reducing its dependence on
722. fossil fuels and mitigating the risks associated with fluctuating fuel prices.</span></p>
723.  
724. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Additionally, government
725. policies and regulations are increasingly favoring renewable energy
726. development. Many countries, including Ghana, have implemented policies to
727. promote renewable energy and reduce reliance on fossil fuels. For instance,
728. Ghana's Renewable Energy Act aims to increase the share of renewable energy in
729. the country's energy mix and provide incentives for renewable energy
730. investments (Ghana Energy Commission, 2011). By investing in renewable energy, GOIL
731. can benefit from these government incentives and support the country's efforts
732. to achieve its renewable energy targets.</span></p>
733.  
734. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Furthermore, the push for
735. renewable energy presents an opportunity for GOIL to innovate and expand its
736. business operations. As the demand for renewable energy technologies such as
737. solar, wind, and biofuels increases, GOIL can leverage its existing
738. infrastructure and expertise to develop and deploy these technologies. This
739. strategic move would not only diversify GOIL's revenue streams but also
740. position the company as a leader in the renewable energy sector.</span></p>
741.  
742. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Again, GOIL should invest
743. in renewable energy solutions due to the global shift towards clean energy, the
744. decreasing costs of renewable technologies, favourable government policies, and
745. the opportunity for business expansion and innovation. By doing so, GOIL can
746. enhance its competitiveness, reduce its carbon footprint, and contribute to
747. Ghana's renewable energy goals.</span></p>
748.  
749. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
750. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
751. <span style="font-family: arial;"><script>
752.     (adsbygoogle = window.adsbygoogle || []).push({});
753. </script>
754.  
755. </span><p class="MsoNormal" style="background: white;"><b><span face=""Arial",sans-serif" lang="EN-US" style="background: white; color: #1d1d1d; font-family: arial; font-size: 11pt; mso-bidi-language: AR; mso-fareast-font-family: Helvetica;">4.1 What pricing
756. strategies should GOIL adopt in response to global oil price changes?</span></b></p>
757.  
758. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">To mitigate the impact of global oil price changes, GOIL
759. should adopt pricing strategies that balance its profitability with customer
760. affordability. One approach is to implement a dynamic pricing strategy, which
761. involves adjusting prices in response to changes in global oil prices (Chen,
762. Zhang, & Zhang, 2019). This strategy can help GOIL maintain its profit
763. margins while remaining competitive in the market.</span></p>
764.  
765. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Another approach is to adopt a price-smoothing
766. strategy, which involves maintaining stable prices despite fluctuations in
767. global oil prices (Kumar, Singh, & Kumar, 2017). This strategy can help GOIL
768. build customer loyalty and maintain market share, as customers are less likely
769. to switch to competitors in search of lower prices.</span></p>
770.  
771. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">GOIL can also consider adopting a value-based pricing
772. strategy, which involves setting prices based on the perceived value of its
773. products to customers (Kumar, Singh, & Kumar, 2017). This strategy can help
774. GOIL differentiate itself from competitors and maintain a premium price
775. position in the market.</span></p>
776.  
777. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Furthermore, GOIL can explore the use of price hedging
778. strategies, such as futures contracts and options, to manage its exposure to
779. global oil price volatility (Chen, Zhang, & Zhang, 2019). This strategy can
780. help GOIL reduce its price risk and maintain a stable profit margin.</span></p>
781.  
782. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">In a nutshell, GOIL should adopt a combination of
783. dynamic pricing, price-smoothing, value-based pricing, and price hedging
784. strategies to respond to global oil price changes. By doing so, GOIL can
785. maintain its profitability, build customer loyalty, and remain competitive in
786. the market.</span></p>
787.  
788. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
789. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
790. <span style="font-family: arial;"><script>
791.     (adsbygoogle = window.adsbygoogle || []).push({});
792. </script>
793.  
794. </span><p class="MsoNormal"><b><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">5.1 How can GOIL improve its service delivery to enhance
795. customer loyalty?</span></b></p>
796.  
797. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">To improve its service delivery and enhance customer
798. loyalty, GOIL can adopt several strategies. Firstly, GOIL can focus on
799. providing excellent customer service by training its staff to be friendly,
800. courteous, and responsive to customer needs (Kumar, Singh, & Kumar, 2017).
801. This can be achieved by implementing a customer-centric approach, which
802. prioritizes customer satisfaction and loyalty.</span></p>
803.  
804. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Secondly, GOIL can invest in technology to enhance its
805. service delivery. For example, it can implement a mobile payment system, which
806. allows customers to pay for fuel and other services using their mobile phones
807. (Kim, Lee, & Kim, 2018). This can improve the speed and convenience of
808. transactions, reducing waiting times and improving customer satisfaction.</span></p>
809.  
810. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Thirdly, GOIL can improve its service delivery by
811. expanding its range of services. For example, it can offer additional services
812. such as car washing, oil changes, and tire repairs (Kumar, Singh, & Kumar,
813. 2017). This can provide customers with a one-stop-shop experience, increasing
814. their loyalty and retention.</span></p>
815.  
816. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Fourthly, GOIL can focus on building strong
817. relationships with its customers. This can be achieved by implementing a
818. loyalty program, which rewards customers for their repeat business (Harris
819. & Goode, 2017). For example, GOIL can offer discounts, free services, or
820. other rewards to customers who reach certain milestones or thresholds.</span></p>
821.  
822. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Finally, GOIL can improve its service delivery by
823. seeking feedback from its customers. This can be achieved by implementing a
824. customer feedback system, which allows customers to provide feedback on their
825. experiences (Kim, Lee, & Kim, 2018). This feedback can be used to identify
826. areas for improvement, allowing GOIL to make targeted changes to its service
827. delivery.</span></p>
828.  
829. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">GOIL can improve its service delivery and enhance
830. customer loyalty by focusing on excellent customer service, investing in
831. technology, expanding its range of services, building strong relationships with
832. customers, and seeking feedback from customers.</span></p>
833.  
834. <span style="font-family: arial;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
835. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
836. <span style="font-family: arial;"><script>
837.     (adsbygoogle = window.adsbygoogle || []).push({});
838. </script>
839.  
840. </span><p class="MsoNormal"><b><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-fareast-language: #0C00;">6.1 Conclusion</span></b></p>
841.  
842. <p class="MsoNormal"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-fareast-language: #0C00;">Overall, GOIL's ability to remain competitive in
843. the petroleum industry hinges on its ability to adapt to the challenges posed
844. by fluctuating fuel prices, government policies, and the push for renewable
845. energy. And in the face of increasing competition from multinational fuel
846. companies, GOIL must be proactive in its approach to remaining competitive. By
847. adopting the strategies outlined in this essay, GOIL can position itself for
848. success in the rapidly changing petroleum industry. Ultimately, GOIL's ability to
849. adapt and evolve will determine its long-term viability and competitiveness in
850. the market.</span></p>
851.  
852. <iframe width="560" height="315" src="https://www.youtube.com/embed/ZEKHqSYgOi4?si=ESE2zNa2qdFoNhx0" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
853.  
854. <p class="MsoNormal"><b><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-fareast-language: #0C00;">References</span></b></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span style="font-family: arial;"><!--[if supportFields]><span
855. lang=EN-US style='font-size:11.0pt;font-family:"Arial",sans-serif'><span
856. style='mso-element:field-begin'></span><span
857. style='mso-spacerun:yes'> </span>BIBLIOGRAPHY<span style='mso-spacerun:yes'> 
858. </span>\l 1033 <span style='mso-element:field-separator'></span></span><![endif]--><span face=""Arial",sans-serif" lang="EN-US" style="font-size: 11pt;">Chen, L. Z. (2019). Dynamic pricing and inventory
859. management in a supply chain with competing retailers. <i>European Journal of
860. Operational Research</i>.<o:p></o:p></span></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Ghana Energy Commission. (2011). <i>Renewable Energy Act</i>. Retrieved
861. from Ghana Energy Commission:
862. https://ghalii.org/akn/gh/act/2011/832/eng@2011-12-31<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Hallowell, R. (2018). The relationships of customer satisfaction, customer
863. loyalty, and profitability: An empirical study. <i>International Journal of
864. Service Industry Management</i>, 2-23.<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Harris, L. C. (2017). The four levels of loyalty program benefits. <i>Journal
865. of Marketing Management</i>, 1-15.<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">International Energy Agency (IEA). (2020). <i>How Growth In Renewable
866. Energy Will Affect Petroleum And Gas Markets</i>. Retrieved from International
867. Energy Agency (IEA): https://www.iea.org/reports/renewables-2020<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">International Energy Agency (IEA). (2024). <i>Overview and key findings –
868. World Energy Investment 2024 – Analysis</i>. Retrieved from International
869. Energy Agency (IEA): https://www.iea.org/reports/world-energy-investment-2024<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Kim, J. L. (2018). The impact of mobile payment on customer loyalty. <i>Journal
870. of Business Research</i>, 123-131.<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Kolk, A. &. (2020). Multinationals and climate change: A review of the
871. literature. <i>Journal of International Business Studies</i>, 537-555.<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Kumar, N. S. (2017). Price and service competition in a supply chain with
872. value-added services. <i>Journal of Retailing and Consumer Services</i>,
873. 101-111.<o:p></o:p></span></p><p class="MsoNormal"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-fareast-language: #0C00;">
874.  
875. <!--[if supportFields]><span lang=EN-US style='font-size:11.0pt;font-family:
876. "Arial",sans-serif;mso-fareast-font-family:"Times New Roman";mso-fareast-theme-font:
877. minor-fareast;mso-font-kerning:0pt;mso-ligatures:none;mso-ansi-language:EN-US;
878. mso-fareast-language:ZH-CN;mso-bidi-language:AR-SA'><span style='mso-element:
879. field-end'></span></span><![endif]--></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face=""Arial",sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Makarov, I. &. (2020). Digitalization of the oil and gas industry: A
880. systematic review. &lt;i&gt;Journal of Petroleum Science and Engineering&lt;/i&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class=&quot;MsoBibliography&quot; style=&quot;margin-left: 36pt; text-indent: -36pt;&quot;&gt;&lt;span style=&quot;font-size: 14.6667px;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: arial;&quot;&gt;Published by: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/8144735724845932760/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/06/competing-in-the-energy-market-a-goil-case-969.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8144735724845932760'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8144735724845932760'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/06/competing-in-the-energy-market-a-goil-case-969.html' title='Competing in the Energy Market; a GOIL Case.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/ZEKHqSYgOi4/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-237834339335545126</id><published>2025-06-25T17:55:00.006+00:00</published><updated>2025-06-25T19:22:09.661+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>A case study of Dell&#39;s evolving supply chain strategy.</title><content type='html'>&lt;p&gt;&lt;span style=&quot;font-family: arial;&quot;&gt;&lt;b&gt;&lt;span lang=&quot;EN-US&quot;&gt;CASE STUDY:&amp;nbsp;&lt;/span&gt;&lt;/b&gt;&lt;b&gt;&lt;span lang=&quot;EN-US&quot;&gt;DELL&#39;S
881. EVOLVING SUPPLY CHAIN STRATEGY.</span></b></span></p><p class="MsoNormal"><b><span lang="EN-US" style="font-family: arial;"><o:p></o:p></span></b></p>
882.  
883. <p class="MsoNormal"><span lang="EN-US" style="font-family: arial;">Dell has been
884. following its unique 'direct build-to-order' sales model for more than 30
885. years. Customers can plan their own configuration and place orders directly
886. with the company online. Over the years, Dell's supply chain efficiencies and
887. direct sales gave it a competitive advantage.<o:p></o:p></span></p>
888.  
889. <p class="MsoNormal"><span lang="EN-US" style="font-family: arial;">In previous
890. years, Dell faced several problems. Many customers complained about long delays
891. in receiving their orders. The recall of Sony battery cells in its laptops
892. brought undesirable media hype to the company. Increasing discontent of
893. customers led to a slowdown in sales. Consequently, Dell lost its market
894. leadership to another major competitor.<o:p></o:p></span></p>
895.  
896. <p class="MsoNormal"><span lang="EN-US"><span style="font-family: arial;">Industry
897. analysts felt that, with Dell's competitors also improving their supply chains
898. and matching Dell's direct model, the company had been losing its competitive
899. edge. Dell will have to bear additional costs with its foray into retail
900. distribution thereby minimizing its cost advantage. Besides, the profit margins
901. of Dell will drop further since it will have to offer incentives to compete
902. with other major brands in retail stores. Though Dell spruced up its product
903. design and range Apple is far ahead of it. Many experts feel that such new
904. initiatives will only distract Dell from its supply chain operations.</span><span style="font-family: Roboto;"><o:p></o:p></span></span></p><p class="MsoNormal"><span lang="EN-US" style="font-family: Roboto;"></span></p>
905.  
906. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
907. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
908. <script>
909.     (adsbygoogle = window.adsbygoogle || []).push({});
910. </script>
911.  
912. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: arial;">Questions to
913. answer:<o:p></o:p></span></b></p>
914.  
915. <p class="MsoNormal"><span lang="EN-US" style="font-family: arial;"> 1. Examine
916. and analyze Dell's direct model, its basic working, and success and future
917. challenges. Give a deep breakdown of each point.<o:p></o:p></span></p>
918.  
919. <p class="MsoNormal"><span lang="EN-US" style="font-family: arial;"> 2. How
920. does Dell's Supply Chain work and potential future supply chain challenges?<o:p></o:p></span></p>
921.  
922. <p class="MsoNormal"><span lang="EN-US" style="font-family: arial;"><span style="mso-spacerun: yes;"> </span>3. Highlights Dell's evolving Supply Chain
923. practices and strategy and steps being taken by it to recapture its lost market
924. leader position.<o:p></o:p></span></p><p class="MsoNormal" style="line-height: 150%;"><b><span lang="EN-US" style="font-family: arial;">Solution:<o:p></o:p></span></b></p>
925.  
926. <p class="MsoNormal" style="line-height: 150%;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: arial;">1.   Examine
927. and Analyse Dell's direct model, its basic working, and success and future
928. challenges. Give a deep breakdown of each point.<o:p></o:p></span></b></p>
929.  
930. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Dell's direct model, also known as the "direct
931. build-to-order" sales model, has been the cornerstone of the company's
932. success for over three decades. This model allows customers to plan and
933. configure their own systems, placing orders directly with the company online.
934. According to Kraemer, Dedrick and Yamashita (2000), Dell's direct model has
935. been instrumental in providing the company with a competitive advantage,
936. enabling it to offer customized products at lower prices and with faster
937. delivery times.<o:p></o:p></span></p>
938.  
939. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">The basic working of Dell's direct model involves several key
940. components. Firstly, customers visit Dell's website and configure their desired
941. system, selecting from a range of components and options. Once the order is
942. placed, Dell's manufacturing system springs into action, assembling the
943. customized system and shipping it directly to the customer. This approach
944. eliminates the need for intermediaries, such as retailers and distributors,
945. allowing Dell to maintain control over the production and delivery process
946. (Magretta, 1998).<o:p></o:p></span></p>
947.  
948. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">The success of Dell's direct model can be attributed to several
949. factors. Firstly, the model allows for greater efficiency and cost savings, as
950. Dell is able to eliminate intermediaries and reduce inventory costs (Dell,
951. 2006). Secondly, the direct model enables Dell to offer customized products at
952. competitive prices, providing customers with a unique and personalized
953. purchasing experience. Finally, the model allows Dell to maintain a direct
954. relationship with its customers, enabling the company to gather valuable
955. feedback and insights that can be used to inform product development and
956. improvement (Dell, 2006).<o:p></o:p></span></p>
957.  
958. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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960. <script>
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962. </script>
963.  
964. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Despite the success of Dell's direct model, the company has faced
965. several challenges in recent years. One of the major challenges has been the
966. increasing competition from other PC manufacturers, who have begun to adopt
967. similar direct-to-customer models (Kraemer et al., 2000). Additionally, Dell
968. has faced criticism for its customer service and support, with some customers
969. experiencing long delays and difficulties in resolving issues (Crossing Wall
970. Street, 2006). Furthermore, the company's foray into retail distribution has
971. raised concerns about the potential erosion of its cost advantage and profit
972. margins (CBC News, 2007).<o:p></o:p></span></p>
973.  
974. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Looking to the future, Dell faces several challenges in maintaining the
975. success of its direct model. One of the major challenges will be to continue to
976. innovate and improve the customer experience, in order to stay ahead of the
977. competition. According to Magretta (1998), Dell's ability to innovate and adapt
978. to changing market conditions will be critical in maintaining its competitive
979. advantage. Additionally, Dell will need to continue to invest in its supply
980. chain and manufacturing operations, in order to maintain its efficiency and
981. cost advantage (Dell, 2006). Finally, the company will need to balance its
982. direct-to-customer model with its retail distribution strategy, in order to
983. maximize its reach and revenue while minimizing its costs (CBC News, 2007).<o:p></o:p></span></p>
984.  
985. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Dell's direct model has been a key factor in the company's success over
986. the past three decades. However, the company faces several challenges in
987. maintaining the success of this model, including increasing competition,
988. customer service and support issues, and the need to balance its
989. direct-to-customer model with its retail distribution strategy. By continuing
990. to innovate and improve the customer experience, investing in its supply chain
991. and manufacturing operations, and balancing its direct and retail distribution
992. strategies, Dell can maintain the success of its direct model and remain a
993. leader in the PC industry.<o:p></o:p></span></p>
994.  
995. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
996. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
997. <script>
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999. </script>
1000.  
1001. <p class="MsoNormal" style="line-height: 150%;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: arial;">2. How does Dell's Supply
1002. Chain work and potential future supply chain challenges?<o:p></o:p></span></b></p>
1003.  
1004. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Dell's supply chain is built around its direct-to-customer business
1005. model, which allows customers to configure and order their products online.
1006. According to Kraemer et al. (2000), Dell's supply chain is characterized by a
1007. "build-to-order" approach, where products are manufactured and
1008. assembled only after a customer order has been received. This approach enables
1009. Dell to maintain low inventory levels and reduce waste, resulting in
1010. significant cost savings (Dell, 2006).<o:p></o:p></span></p>
1011.  
1012. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Dell's supply chain operations are highly integrated, with the company
1013. working closely with its suppliers to ensure just-in-time delivery of
1014. components and materials. Magretta (1998) notes that Dell's suppliers are
1015. connected to the company's manufacturing system through a web-based portal,
1016. which enables them to receive real-time updates on demand and production
1017. schedules. This close collaboration with suppliers enables Dell to respond
1018. quickly to changes in demand and to minimize inventory levels (Kraemer et al.,
1019. 2000).<o:p></o:p></span></p>
1020.  
1021. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Despite the efficiency of Dell's supply chain, the company faces
1022. several potential future challenges. One of the major challenges is the
1023. increasing complexity of the company's product offerings, which can make it
1024. more difficult to manage inventory levels and production schedules (Dell,
1025. 2006). Additionally, the rise of emerging markets and the increasing demand for
1026. customized products can put pressure on Dell's supply chain to be more agile
1027. and responsive (Naylor, Naim & Berry, 1999).<o:p></o:p></span></p>
1028.  
1029. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1030. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1031. <script>
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1033. </script>
1034.  
1035. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Another challenge facing Dell's supply chain is the potential for
1036. disruptions due to external factors such as natural disasters, component
1037. shortages, and supplier insolvency (Kraemer et al., 2000). Chopra and Meindl
1038. (2007) note that supply chain disruptions can result in significant losses for
1039. companies, including lost sales, increased costs, and damage to reputation.<o:p></o:p></span></p>
1040.  
1041. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">To address these challenges, Dell will need to continue to invest in
1042. its supply chain operations, including the development of new technologies and
1043. processes that can help to improve efficiency, agility, and resilience (Dell,
1044. 2006). According to Lee (2004), companies that invest in supply chain
1045. innovation can achieve significant benefits, including reduced costs, improved
1046. customer satisfaction, and increased competitiveness.<o:p></o:p></span></p>
1047.  
1048. <p class="MsoNormal" style="line-height: 150%;"><span style="font-family: arial;"><span lang="EN-US">Dell's supply chain is a critical component of the company's
1049. direct-to-customer business model, enabling it to offer customized products at
1050. competitive prices. However, the company faces several potential future
1051. challenges, including increasing complexity, emerging market demands, and
1052. external disruptions. By continuing to invest in its supply chain operations
1053. and embracing new technologies and processes, Dell can help to ensure the
1054. long-term success of its business model.</span><span lang="EN-US"><o:p></o:p></span></span></p>
1055.  
1056. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1057. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1058. <script>
1059.     (adsbygoogle = window.adsbygoogle || []).push({});
1060. </script>
1061.  
1062. <p class="MsoNormal" style="line-height: 150%;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: arial;">3. Highlights Dell's
1063. evolving Supply Chain practices and strategy and steps being taken by it to
1064. recapture its lost market leader position.<o:p></o:p></span></b></p>
1065.  
1066. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Dell's supply chain practices and strategy have undergone significant
1067. evolution over the years, driven by the need to adapt to changing market
1068. conditions and customer expectations. According to Kraemer et al. (2000),
1069. Dell's initial success was built on its direct-to-customer business model,
1070. which allowed customers to configure and order their products online. However,
1071. as the company faced increasing competition and customer dissatisfaction, it
1072. had to reassess its supply chain strategy.<o:p></o:p></span></p>
1073.  
1074. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">One of the key steps taken by Dell to evolve its supply chain practices
1075. was the implementation of a more agile and responsive supply chain system.
1076. According to Lee (2004), Dell invested heavily in developing a more flexible
1077. and adaptable supply chain system, which enabled the company to respond quickly
1078. to changes in demand and customer preferences. This involved the implementation
1079. of new technologies, such as advanced analytics and cloud-based platforms, to
1080. improve supply chain visibility and collaboration.<o:p></o:p></span></p>
1081.  
1082. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Another important step taken by Dell was the expansion of its supply
1083. chain operations to include retail distribution. According to Chopra and Meindl
1084. (2007), Dell's decision to enter the retail market was driven by the need to
1085. increase its market share and reach a wider customer base. However, this move
1086. also presented significant challenges, including the need to manage a more
1087. complex supply chain network and to compete with established retail brands.<o:p></o:p></span></p>
1088.  
1089. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1091. <script>
1092.     (adsbygoogle = window.adsbygoogle || []).push({});
1093. </script>
1094.  
1095. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">To address these challenges, Dell has implemented a range of supply
1096. chain initiatives, including the development of new logistics and distribution
1097. capabilities. According to Magretta (1998), Dell has invested heavily in
1098. developing its logistics and distribution capabilities, including the
1099. establishment of new distribution centers and the implementation of advanced
1100. transportation management systems. This has enabled the company to improve its
1101. delivery times and service levels, while also reducing its logistics costs.<o:p></o:p></span></p>
1102.  
1103. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">In addition to these initiatives, Dell has also taken steps to improve
1104. its supply chain sustainability and social responsibility. According to Naylor
1105. et al. (1999), Dell has implemented a range of sustainability initiatives,
1106. including the use of renewable energy sources and the implementation of
1107. recycling programs for electronic waste. This has not only helped to reduce the
1108. company's environmental impact but also to improve its reputation and brand
1109. image.<o:p></o:p></span></p>
1110.  
1111. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">In terms of recapturing its lost market leader position, Dell is taking
1112. a multi-faceted approach. According to Dell (2006), the company is focusing on
1113. improving its product design and range, while also investing in new
1114. technologies and innovations. This includes the development of new cloud-based
1115. services and solutions, as well as the expansion of its product portfolio to
1116. include new categories such as networking and storage.<o:p></o:p></span></p>
1117.  
1118. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Furthermore, Dell is also placing a strong emphasis on customer service
1119. and support, recognizing that this is a key area of differentiation in the
1120. competitive technology market. According to Chopra and Meindl (2007), Dell has
1121. implemented a range of customer service initiatives, including the
1122. establishment of new customer support centers and the implementation of
1123. advanced customer relationship management systems. This has enabled the company
1124. to improve its customer satisfaction levels and to build stronger relationships
1125. with its customers.<o:p></o:p></span></p>
1126.  
1127. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1128. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1129. <script>
1130.     (adsbygoogle = window.adsbygoogle || []).push({});
1131. </script>
1132.  
1133. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Dell's evolving supply chain practices and strategy are focused on
1134. improving the company's agility, responsiveness, and sustainability, while also
1135. enhancing its customer service and support capabilities. By taking a
1136. multi-faceted approach to supply chain management, Dell is well-positioned to
1137. recapture its lost market leader position and to achieve long-term success in
1138. the competitive technology market.<o:p></o:p></span></p>
1139.  
1140. <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/4VbW8Dvos_E?si=lAGtXb0JAEyXbjhn" title="YouTube video player" width="560"></iframe>
1141.  
1142. <p class="MsoNormal" style="line-height: 150%;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: arial;">References<o:p></o:p></span></b></p>
1143.  
1144. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">CBC News. (2007, January 22). Dell defends decision to shift to retail.
1145. CBC News.<o:p></o:p></span></p>
1146.  
1147. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Chopra, S., & Meindl, P. (2007). Supply Chain Management: Strategy,
1148. Planning, and Operation. Pearson Prentice Hall.<o:p></o:p></span></p>
1149.  
1150. <p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Crossing Wall Street. (2006, June 14). Dell focuses on customer
1151. service. Crossing Wall Street.</span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US"><span style="font-family: arial;">Dell, M. (2006). Direct from Dell: Strategies That Revolutionized an
1152. Industry. HarperCollins.<o:p></o:p></span></span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US"><span style="font-family: arial;">Kraemer, K. L., Dedrick, J., & Yamashita, N. (2000). Refining and
1153. extending the business model with information technology: Dell Computer
1154. Corporation. The Information Society, 16(1), 5-21.<o:p></o:p></span></span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US"><span style="font-family: arial;">Lee, H. L. (2004). The triple-A supply chain. Harvard Business Review,
1155. 82(10), 102-112.<o:p></o:p></span></span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US"><span style="font-family: arial;">Magretta, J. (1998). The power of virtual integration: An interview
1156. with Dell Computer's Michael Dell. Harvard Business Review, 76(2), 72-84.<o:p></o:p></span></span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">
1157.  
1158.  
1159.  
1160.  
1161.  
1162.  
1163.  
1164. </span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US"><span style="font-family: arial;">Naylor, J. B., Naim, M. M., & Berry, D. (1999). Legality:
1165. Integrating the lean and agile manufacturing paradigms in the total supply
1166. chain. International Journal of Production Economics, 62(1-2), 107-118.&lt;/span&gt;&lt;span style=&quot;font-family: Roboto;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; style=&quot;line-height: 150%;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;&lt;span style=&quot;font-family: arial;&quot;&gt;&lt;b&gt;Published by: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/237834339335545126/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/06/a-case-study-of-dells-evolving-supply-chain-strategy-968.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/237834339335545126'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/237834339335545126'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/06/a-case-study-of-dells-evolving-supply-chain-strategy-968.html' title='A case study of Dell&#39;s evolving supply chain strategy.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/4VbW8Dvos_E/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-8550083444161504760</id><published>2025-03-15T23:32:00.004+00:00</published><updated>2025-06-25T17:29:38.594+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>Participatory stages in Development communication.</title><content type='html'>&lt;p&gt;&lt;b&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: Work Sans; font-size: 12pt; line-height: 107%;&quot;&gt;Explain the 6 participatory stages in a
1167. development communication campaign and the role of communication in achieving
1168. the desired behaviour.</span></b></p>
1169.  
1170. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Participatory communication is a dialogue-based
1171. strategy, allowing different stakeholders to share and thus to promote their empowerment
1172. information, thoughts and ideas. It is also the investigation and creation of
1173. new knowledge that must be developed in order to deal with circumstances, which
1174. is not simply the sharing of information and experience. <o:p></o:p></span></p>
1175.  
1176. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Participatory information often is related to
1177. community-driven development but it may, regardless of the variety of the
1178. groups engaged, be utilized at all levels of decision-making (local, national,
1179. international). In this essay, we will highlight the six participatory stages
1180. in a development communication-based campaign and the role of communication in
1181. achieving the desired behaviour. They are as follows:<o:p></o:p></span></p>
1182.  
1183. <span style="font-family: Work Sans;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1184. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1185. <span style="font-family: Work Sans;"><script>
1186.     (adsbygoogle = window.adsbygoogle || []).push({});
1187. </script>
1188.  
1189. </span><p class="MsoNormal"><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Evaluation of preliminary situation<o:p></o:p></span></b></p>
1190.  
1191. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">The most effective participation situation evaluation
1192. may be carried out through participatory rural communication evaluation (PRCA).
1193. In participatory rural communications assessments three types of analysis that are
1194. carried out: public analysis, program analysis, and situation analysis.
1195. Audience analysis basically "listens" to what prospective information
1196. consumers require. They are the ones to be reached by the communication
1197. campaign. Information users are sometimes called communication stakeholders. <span style="mso-spacerun: yes;"> </span><o:p></o:p></span></p>
1198.  
1199. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">The collection of basic information about those
1200. stakeholders is an important first step towards creating a plan for
1201. communication. The division of major stakeholder groups into smaller groups
1202. helps to concentrate on the creation of communication strategy. Segmentation
1203. typically takes two different forms which is both conventional segmentation and
1204. innovative segmentation. Conventional segmentation is based on the
1205. socio-economic status of the population, such as income, education, age and
1206. sex, just to mention a few while Innovative segmentation is based on needs,
1207. values, and lifestyles segmentation.</span></p>
1208.  
1209. <span style="font-family: Work Sans;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1210. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1211. <span style="font-family: Work Sans;"><script>
1212.     (adsbygoogle = window.adsbygoogle || []).push({});
1213. </script>
1214.  
1215. </span><p class="MsoNormal"><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Communication<o:p></o:p></span></b></p>
1216.  
1217. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Data gathered must be thoroughly evaluated and
1218. understood as a basis of the communication strategy. Communication strategy
1219. consists of the mix of techniques, messages and approaches through which the
1220. planner aims at achieving communication objectives. In the second phase, the
1221. communication program is directed. It is at this phase that goals and relevant
1222. monitoring and evaluation criteria and indicators are established. <o:p></o:p></span></p>
1223.  
1224. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">The term strategy itself implies that the program
1225. goals are achieved via a unique mix of methods or approaches. The planners will
1226. also start to reflect upon the Preliminary Action Plan, the means of
1227. communication, and basic messages and topics for debate during strategy
1228. drafting.<o:p></o:p></span></p>
1229.  
1230. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Participatory design of messages and discussion
1231. themes<o:p></o:p></span></b></p>
1232.  
1233. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">The primary tasks in the message design phase are the
1234. selection of message appeals, methods and communication channels and media
1235. choices. The major difficulty at the present time is the creation of the great
1236. idea or the creative concept that revolves around the whole communication
1237. programme. <o:p></o:p></span></p>
1238.  
1239. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Professional communication equipment is frequently
1240. used to produce communication messages and materials for the following
1241. activities. Apart from the enormous costs required, the drawback of this method
1242. is that the participants themselves do not participate. Involving stakeholders
1243. in the creation of messages and materials is likely to contribute to higher
1244. development objectives by the communication program.<o:p></o:p></span></p>
1245.  
1246. <span style="font-family: Work Sans;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1247. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1248. <span style="font-family: Work Sans;"><script>
1249.     (adsbygoogle = window.adsbygoogle || []).push({});
1250. </script>
1251.  
1252. </span><p class="MsoNormal"><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Communication methods and materials development<o:p></o:p></span></b></p>
1253.  
1254. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Real development of communication techniques and
1255. materials is carried out after the communication strategy has been established.
1256. The significance of not just the materials but also creative ideas and messages
1257. being pre-tested is a helpful reminder to planers. <o:p></o:p></span></p>
1258.  
1259. <p class="MsoNormal"><span style="font-family: Work Sans;"><span lang="EN-US" style="font-size: 12pt; line-height: 107%;">Pretesting enables the communication activities to be
1260. adjusted before significant time, efforts and resources are used to produce
1261. them. The testing evaluates the possible efficacy of communication messages,
1262. techniques and materials in order to attract attention, to be understood, to be
1263. accepted and to provide a sense of self participation among the stakeholders.</span><span style="font-size: 12pt;"> </span></span></p>
1264.  
1265. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Management and implementation<o:p></o:p></span></b></p>
1266.  
1267. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">The management of the communication and networking
1268. organization at this stage is two of the most essential tasks. The internal job
1269. of a manager is to prepare or train individuals in a good organizational
1270. environment for their various duties inside the organisation. The external job
1271. involves the establishment of links with important organizations working in the
1272. same field. Now, the start and execution of the communication campaign or
1273. program is a priority after all the preceding phases. The distribution, transfer
1274. and receipt of program inputs are monitored together. The management side also
1275. includes the process of managerial improvement and leadership as it affects the
1276. delivery of communications.<o:p></o:p></span></p>
1277.  
1278. <span style="font-family: Work Sans;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1279. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1280. <span style="font-family: Work Sans;"><script>
1281.     (adsbygoogle = window.adsbygoogle || []).push({});
1282. </script>
1283.  
1284. </span><p class="MsoNormal"><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Monitoring and evaluation<o:p></o:p></span></b></p>
1285.  
1286. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Monitoring allows planners and developers to answer
1287. the question: are things proceeding, okay? On the other side, evaluation gives
1288. answers to the question: So, did it work? Overview and assessment together assist
1289. planners and implementers:</span></p><p class="MsoNormal"></p><ul style="text-align: left;"><li><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Achieve better understanding of how the communication
1290. programme is working;</span></li><li><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Make informal decisions regarding operations and
1291. adjust to changing conditions;</span></li><li><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Ensure most effective and efficient use of resources;</span></li><li><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Look at the extent to which the program/project is
1292. having or has had the desired impact; and</span></li><li><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Fine-tune future programme impact.</span></li></ul><p></p><p class="MsoNormal"></p>
1293.  
1294. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">It is essential to establish specific criteria and
1295. indicators based on the goals stated in order to assist measure the program's
1296. effect on stakeholders. How much have the activities helped the major
1297. organizations achieve their objectives? This may be measured by comparing assessments
1298. with baseline data, in particular those collected during the participatory
1299. evaluation of rural communication. More significantly, surveillance and
1300. assessment data help to program sustainability and self-sufficiency planning.<o:p></o:p></span></p>
1301.  
1302. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">In all, participatory communication is not just a
1303. sharing of information and experiences: it is also the discovery and creation
1304. of new knowledge that has to be developed in order to respond to circumstances.
1305. Participatory information often is related to community-driven development but
1306. it may, regardless of the variety of the groups engaged, be utilized at all
1307. levels of decision-making (local, national, international).<o:p></o:p></span></p>
1308.  
1309. <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/2Lkb7OSRdGE?si=UNKk-XR4gnuUB_14" title="YouTube video player" width="560"></iframe>
1310.  
1311. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">References <o:p></o:p></span></b></p>
1312.  
1313. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Alí, M. (2010). Media, ethnic issues and interculture
1314. in Colombia. Retrieved from Razony Palabra: http://www.razonypalabra.org.mx/N/N74/VARIA74/23AliV74.pdf<o:p></o:p></span></p>
1315.  
1316. <p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Thomas Tufte, P. M. (2009). Participatory
1317. Communication: A Practical Guide. Retrieved from GSDRC:
1318. https://gsdrc.org/document-library/participatory-communication-a-practical-guide/&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: Work Sans; font-size: 12pt; line-height: 107%;&quot;&gt;&lt;b&gt;Published by: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/8550083444161504760/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/participatory-stages-in-a-development-communication-campaign-967.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8550083444161504760'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8550083444161504760'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/participatory-stages-in-a-development-communication-campaign-967.html' title='Participatory stages in Development communication.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/2Lkb7OSRdGE/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-2085151000736440578</id><published>2025-03-13T16:35:00.004+00:00</published><updated>2025-03-13T16:53:55.861+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>Junior&#39;s Road to Retirement: A Time Value of Money Case.</title><content type='html'>&lt;p&gt;&lt;b&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt;&quot;&gt;Problem:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
1319.  
1320. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Today,
1321. Junior turns 30 years old. Junior also starts a new job today. His monthly net
1322. salary, payable at the end of the month, is Ghc2,000. Junior’s boss has been
1323. impressed by Junior’s competences during the interview, and has offered him a
1324. monthly raise of 0.1%, effective as of Junior’s second month on the job.</span></p>
1325.  
1326. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Junior’s
1327. average monthly expenses are currently Ghc750, but Junior expects his monthly
1328. expenses to grow at an annual effective rate of 1%, starting next month (i.e.
1329. Junior’s second month on his new job). Junior’s expenses will continue to grow
1330. at that rate until Junior retires. There are no other expenses. Junior saves
1331. 80% of his disposable income (that is, his salary, minus expenses).</span></p>
1332.  
1333. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1334. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1335. <script>
1336.     (adsbygoogle = window.adsbygoogle || []).push({});
1337. </script>
1338.  
1339. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Junior
1340. invests all his savings in a security that guarantees a 6% effective annual
1341. return. Besides the savings described here, Junior has no other savings. The
1342. adequate rate of return to calculate the present and future value of cash flows
1343. is 6%, annual effective.</span></p>
1344.  
1345. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">On
1346. the day Junior turns 65 years old, he will retire. Junior will invest all his
1347. accumulated savings and the proceeds from the sale of the condo in a security
1348. that guarantees a return of 3% effective annual. Junior is convinced that he
1349. will die on the day of his 88th birthday. He wishes to leave a Ghc100,000
1350. bequest to the Lost Cats Trust. Junior will also buy one gold ring on each of
1351. his 75th and 85th birthdays. Each ring costs Ghc10,000.</span></p>
1352.  
1353. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1354. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1355. <script>
1356.     (adsbygoogle = window.adsbygoogle || []).push({});
1357. </script>
1358.  
1359. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Given
1360. his financial situation, what will be Junior’s monthly gross revenue (i.e.
1361. before expenses) during retirement, if we assume that Junior wishes this
1362. monthly revenue to be constant? Junior lives in a tax paradise where the tax
1363. rate is zero percent (0%).<o:p></o:p></span></p>
1364.  
1365. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;"><b>Solution:</b></span></p>
1366.  
1367. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;"></span></p><p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Junior turns 30 today<o:p></o:p></span></p>
1368.  
1369. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Net Salary = Ghc2000.00 payable at the end of
1370. the month<o:p></o:p></span></p>
1371.  
1372. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Monthly raise = 0.1%<o:p></o:p></span></p>
1373.  
1374. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Yearly raise = 0.1%*12 = 1.2%<o:p></o:p></span></p>
1375.  
1376. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Monthly expenses = Ghc750.00<o:p></o:p></span></p>
1377.  
1378. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Monthly expenses expected to grow at an annual
1379. effective rate of 1%.<o:p></o:p></span></p>
1380.  
1381. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = 80% of (Net salary-expenses)<o:p></o:p></span></p>
1382.  
1383. <p class="MsoNormal" style="mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-GB" style="font-family: "Work Sans"; font-size: 12pt; mso-ansi-language: EN-GB; mso-fareast-font-family: Calibri;">Therefore:</span><span lang="EN-GB" style="font-family: "Work Sans"; mso-ansi-language: EN-GB; mso-fareast-font-family: Calibri;"> </span><span lang="EN-GB" style="font-family: "Work Sans"; font-size: 12pt; mso-ansi-language: EN-GB; mso-fareast-font-family: Calibri;">Salary growth per
1384. annum – Expenses growth per annum = Growth in Savings  </span><span style="font-size: 12pt;">(1.2%) – (1%) = 0.2%</span></p>
1385.  
1386. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = 80% (Ghc2000.00 – Ghc750.00)<o:p></o:p></span></p>
1387.  
1388. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"><span style="mso-tab-count: 1;">          </span><span style="mso-spacerun: yes;">    </span>80% (Ghc1, 250.00)<o:p></o:p></span></p>
1389.  
1390. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"><span style="mso-tab-count: 2;">                   </span>=
1391. Ghc1000.00<o:p></o:p></span></p>
1392.  
1393. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = Ghc1000.00 *12 (for a year)<o:p></o:p></span></p>
1394.  
1395. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = Ghc12, 000.00<o:p></o:p></span></p>
1396.  
1397. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Growing Annuity for savings in 6% security.<o:p></o:p></span></p>
1398.  
1399. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = Pmt (1+r) ^n – (1+g) ^n / (r-g)<o:p></o:p></span></p>
1400.  
1401. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Where pmt is the periodic savings of Ghc12,
1402. 000.00<o:p></o:p></span></p>
1403.  
1404. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">r</span></b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"> is 6% security rate<o:p></o:p></span></p>
1405.  
1406. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">g </span></b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">is the 0.2% growth in savings yearly.<o:p></o:p></span></p>
1407.  
1408. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">n</span></b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"> is the number of years (35 years); Number of
1409. years from now till retirement at 65 (65 -30) = 35<o:p></o:p></span></p>
1410.  
1411. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 [(1+0.06) ^35 –
1412. (1+0.002)^35/0.06-0.002]<o:p></o:p></span></p>
1413.  
1414. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 [(1+0.06) ^35 –
1415. (1+0.002)^35/0.058]<o:p></o:p></span></p>
1416.  
1417. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 (7.686 – 1.0724/0.058)<o:p></o:p></span></p>
1418.  
1419. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 (6.6136/0.058)<o:p></o:p></span></p>
1420.  
1421. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 (114.02759)<o:p></o:p></span></p>
1422.  
1423. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV =
1424. GHc1, 368,331.08 </span></b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">the
1425. savings at retirement<o:p></o:p></span></p>
1426.  
1427. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Now we are calculating the future value of his
1428. accumulated savings.<o:p></o:p></span></p>
1429.  
1430. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">PV = Ghc1, 368,331.08<o:p></o:p></span></p>
1431.  
1432. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">r = 3%<o:p></o:p></span></p>
1433.  
1434. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">n = 88 – 55 = 23years<o:p></o:p></span></p>
1435.  
1436. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Therefore FV = PV (1+r) ^n<o:p></o:p></span></p>
1437.  
1438. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 1,368,331.08 (1+0.03) ^23<o:p></o:p></span></p>
1439.  
1440. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 1,368,331.08 (1.03) ^23<o:p></o:p></span></p>
1441.  
1442. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 1,368,331.08 * 1.9736<o:p></o:p></span></p>
1443.  
1444. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV =</span></b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"> <b style="mso-bidi-font-weight: normal;">Ghc2,
1445. 700,538.22<o:p></o:p></b></span></p>
1446.  
1447. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">To
1448. find the yearly gross revenue </span></b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">=
1449. Ghc2, 700,538.22 / 23 </span><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">= Ghc117, 414.7052</span></b></p>
1450.  
1451. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">To
1452. find the monthly gross revenue = </span></b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Ghc117,
1453. 414.7052 / 12 </span><span style="font-family: "Work Sans"; font-size: 12pt;">= Ghc9, 784.558767</span></p>
1454.  
1455. <p class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Therefore,
1456. Junior’s monthly gross revenue = <u>Ghc9, 784.558767</u><o:p></o:p></span></b></p>
1457.  
1458. <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/m3azU7gYHc0?si=TZuMUR-1D8qz7fsB" title="YouTube video player" width="560"></iframe>
1459.  
1460. &lt;p class=&quot;MsoNormal&quot; style=&quot;line-height: 107%; margin-bottom: 8pt; mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;&quot;&gt;Published by: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;b&gt;&lt;/b&gt;&lt;p&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/2085151000736440578/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/solution-to-a-time-value-of-money-case-study-966.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/2085151000736440578'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/2085151000736440578'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/solution-to-a-time-value-of-money-case-study-966.html' title='Junior&#39;s Road to Retirement: A Time Value of Money Case.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/m3azU7gYHc0/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-2375378633494605322</id><published>2025-03-13T13:18:00.003+00:00</published><updated>2025-03-13T13:45:19.619+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Academic Works"/><title type='text'>Virgin&#39;s decision to enter Canada’s banking sector.</title><content type='html'>&lt;div&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;b&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt;&quot;&gt;CASE STUDY:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
1461.  
1462. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">From phones to loans: Virgin's decision to enter Canada’s banking
1463. sector;</span></b></p></div><iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1HvhIOzcjKib3_1BEJ-BxISjI116wzQXb/preview" width="640"></iframe><p class="MsoNormal"><b><span lang="EN-US" style="font-family: "Work Sans";">QUESTION(S): <o:p></o:p></span></b></p>
1464.  
1465. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Carefully read the Case Study (Title; From Phones to Loans:
1466. Virgin’s Decision to Enter Canada’s Banking Sector) attached and answer the
1467. questions below.</span></b></p>
1468.  
1469. <p class="MsoNormal"></p><ul style="text-align: left;"><li><span style="font-family: "Work Sans"; font-size: 12pt; text-indent: -18pt;">Why
1470. are the prices of products offered by Canadian banks (Financial institution) so
1471. high?</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">What
1472. types of financial products should Virgin consider offering in Canada?</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">How
1473. will Virgin get the money necessary to make loans and offer the other financial
1474. services it is considering?</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">How
1475. can Virgin afford to offer products at lower rates than its competitors if the
1476. company is partnering with its competitors to provide these services?</span></li></ul><p></p><p class="MsoListParagraphCxSpFirst" style="mso-list: l0 level1 lfo1; text-indent: -18pt;"><!--[if !supportLists]--></p>
1477.  
1478. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1479. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1480. <script>
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1482. </script>
1483.  
1484. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: "Work Sans";">SOLUTION(S): <o:p></o:p></span></b></p>
1485.  
1486. <p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Why are the prices of products offered by Canadian banks
1487. (Financial institution) so high?</span></i></b></p>
1488.  
1489. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">This
1490. is due to the fact that, the financial services business is in the hands of
1491. very few with little or no competition. This was echoed by the founder of
1492. Virgin Group PLC, Richard Branson when he revealed that, “the financial
1493. services business is in the hands of very few companies and we think a little
1494. more competition would be good”. The lack of competition has allowed the banks
1495. to take advantage and exploit the masses thereby increasing financial products
1496. astronomically.</span></p>
1497.  
1498. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Some
1499. of the banks could be facing liquidity challenges thus the need to increase
1500. prices of financial products and services in order to make up for their losses.</span></p>
1501.  
1502. <p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">What types of financial products should Virgin consider offering
1503. in Canada?</span></i></b></p>
1504.  
1505. <p class="MsoNormal"></p><ul style="text-align: left;"><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Traditional
1506. Investment and products – Call accounts and fixed deposits.</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Lending
1507. solutions – Overdraft, personal loans, vehicle loans etc.</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Investment
1508. advisory services.</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">A
1509. range of card products – Visa credit card, Visa prepaid card, Visa debit card.</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">State
1510. of the art private banking lounges strategically located in various cities in
1511. Canada.</span></li><li><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">A
1512. suit of E-banking/online services- Internet Banking, Mobile banking App.</span></li></ul><p></p>
1513.  
1514. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1515. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1516. <script>
1517.     (adsbygoogle = window.adsbygoogle || []).push({});
1518. </script>
1519.  
1520. <p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">How will Virgin get the money necessary to make loans and offer
1521. the other financial services it is considering?</span></i></b></p>
1522.  
1523. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Virgin
1524. will be able to raise funds to offer financial services by using proceeds
1525. generated from the sale of some of its businesses, most notable was the sale of
1526. Virgin Mobile to BCE Bell Mobility.</span></p>
1527.  
1528. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">They
1529. also partner with other businesses in order to be in the position to provide
1530. those financial products and services. A typical example is their partnership
1531. with MBNA for the production of the Virgin Credit Card.</span></p>
1532.  
1533. <p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">How can Virgin afford to offer products at lower rates than its
1534. competitors if the company is partnering with its competitors to provide these
1535. services?</span></i></b></p>
1536.  
1537. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">One
1538. of the major reasons why banks in Canada are not able to offer products at a
1539. lower rate is the issue of liquidity as explained by Mark Sibthorpe, founder of
1540. StarBank.ca that, “The existing financial institutions are having liquidity
1541. issues, so if you have cash, there are opportunities”.</span></p>
1542.  
1543. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">These
1544. banks increase the prices of financial products and services so as to make up
1545. for their losses.  Virgin’s Partnership
1546. with other companies is strategic as they intend to leverage relationships in
1547. order to distribute risk.</span></p>
1548.  
1549. <p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">By
1550. partnering with other businesses, the business resources and contributions are
1551. shared among all the stakeholders in order to minimize risk. This helps Virgin
1552. to conveniently offer products and services at lower rates, attracting more customers
1553. and in turn making lots of profit.  <o:p></o:p></span></p>
1554.  
1555. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1557. <script>
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1560.  
1561. <p class="MsoNormal"><b><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">REFERENCES</span></b></p><p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Ivey
1562. Management Services. (2009). From phones to loans: Virgin's decision to enter
1563. Canada's Banking sector. Richard Ivey School of Business (University of Western
1564. Ontario), 1-3.</span></p><p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">
1565.  
1566. </span></p><p class="MsoNormal"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt;">Perkins,
1567. T. (2010, June 30). Globe and Mail: Virgin Money hasn't given up on Canada.
1568. Retrieved from The Globe and Mail Website.: www.globeandmail.com.<o:p></o:p></span></p>
1569.  
1570. <iframe width="560" height="315" src="https://www.youtube.com/embed/dT3jpigU7rI?si=EM_gCeNiKc28QUCI" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
1571.  
1572. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt;&quot;&gt;&lt;b&gt;Published by: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/2375378633494605322/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/virgins-decision-to-enter-canadas-banking-sector-965.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/2375378633494605322'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/2375378633494605322'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/virgins-decision-to-enter-canadas-banking-sector-965.html' title='Virgin&#39;s decision to enter Canada’s banking sector.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/dT3jpigU7rI/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-7859852179836296699</id><published>2025-03-11T19:22:00.004+00:00</published><updated>2025-03-11T22:30:19.025+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Business"/><title type='text'>Full Text: 2025 Budget presented by Finance Minister.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtOwNoRDtOt59JX6Inzb6mStQZCTfn8cpocTMS1kjZOuhXH-yQPPqeG6G4hhTBHS7h-dhlPJNKJQBEbCr3-YpdxaeZ5T9_Gv1Bv6GYTaSE-LJ943keVMLHQDrmHQR-cA6JGLuHsLbnTd5lDiuCKZqz-9rkA3Kg7ffy5iyqJbdgaJbBiOttDuwBihaqBWA/s540/482235632_985060157086737_7211575528143995601_n.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Full Text: 2025 Budget presented by Finance Minister.&quot; border=&quot;0&quot; data-original-height=&quot;480&quot; data-original-width=&quot;540&quot; height=&quot;315&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtOwNoRDtOt59JX6Inzb6mStQZCTfn8cpocTMS1kjZOuhXH-yQPPqeG6G4hhTBHS7h-dhlPJNKJQBEbCr3-YpdxaeZ5T9_Gv1Bv6GYTaSE-LJ943keVMLHQDrmHQR-cA6JGLuHsLbnTd5lDiuCKZqz-9rkA3Kg7ffy5iyqJbdgaJbBiOttDuwBihaqBWA/w640-h315/482235632_985060157086737_7211575528143995601_n.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Full Text: 2025 Budget presented by Finance Minister.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1573.  
1574. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1576. <script>
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1578. </script>
1579.  
1580. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">Finance
1581. Minister Dr. Cassiel Ato Forson has presented the government’s fiscal policy to
1582. Parliament, outlining measures aimed at restoring the economy.<o:p></o:p></span></p>
1583.  
1584. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">As
1585. part of these efforts, he announced the cancellation of several taxes,
1586. including the <a href="https://ghananews.hrforum.uk/2025/03/govt-to-scrap-e-levy-emission-levy-betting-tax-other-taxes-963.html">Betting Tax, COVID-19 Levy, and E-Levy</a>, among others.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;"><b>Below is a copy of the 2025 budget statement:</b></span></p>
1587.  
1588. <iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1tLGi8rY7uy8Ro38PmHbfQGph-nCTVQ7E/preview" width="640"></iframe>
1589.  
1590. <p class="MsoNormal"><b><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;">Source:
1591. &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/7859852179836296699/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/full-text-2025-budget-presented-by-finance-minister-964.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7859852179836296699'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7859852179836296699'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/full-text-2025-budget-presented-by-finance-minister-964.html' title='Full Text: 2025 Budget presented by Finance Minister.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtOwNoRDtOt59JX6Inzb6mStQZCTfn8cpocTMS1kjZOuhXH-yQPPqeG6G4hhTBHS7h-dhlPJNKJQBEbCr3-YpdxaeZ5T9_Gv1Bv6GYTaSE-LJ943keVMLHQDrmHQR-cA6JGLuHsLbnTd5lDiuCKZqz-9rkA3Kg7ffy5iyqJbdgaJbBiOttDuwBihaqBWA/s72-w640-h315-c/482235632_985060157086737_7211575528143995601_n.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-8483145180561472508</id><published>2025-03-11T18:34:00.003+00:00</published><updated>2025-03-11T22:30:36.190+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Business"/><title type='text'>Govt to scrap E-levy, Emission levy, betting tax, other taxes.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIQPlUMNn2XD42miEVdzr9pBDCTke0jIiblOg1eVXrk0ca_NNv4IROCi4EIGBsXzUyLK9tZBRFBTZu7pZPqlUfP5o_2FAn3lS9D8_nueKePoP73deZEU499tA9vTVLQwEunMJui9wt_iJXiB-Rm5jtNF0aH_iB5NSx50D4YLof2EXXq32lcEJx3r9rte0/s768/WhatsApp-Image-2025-03-11-at-12.47.59_3cf979da-768x500.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Govt to scrap E-levy, Emission levy, betting tax, other taxes.&quot; border=&quot;0&quot; data-original-height=&quot;500&quot; data-original-width=&quot;768&quot; height=&quot;323&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIQPlUMNn2XD42miEVdzr9pBDCTke0jIiblOg1eVXrk0ca_NNv4IROCi4EIGBsXzUyLK9tZBRFBTZu7pZPqlUfP5o_2FAn3lS9D8_nueKePoP73deZEU499tA9vTVLQwEunMJui9wt_iJXiB-Rm5jtNF0aH_iB5NSx50D4YLof2EXXq32lcEJx3r9rte0/w640-h323/WhatsApp-Image-2025-03-11-at-12.47.59_3cf979da-768x500.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Govt to scrap E-levy, Emission levy, betting tax, other taxes.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1592.  
1593. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">In
1594. a significant move aimed at easing the financial burden on households and
1595. businesses, the government has announced plans to present the necessary
1596. instruments for the <a href="https://ghananews.hrforum.uk/2025/01/e-levy-betting-tax-to-be-scrapped-in-first-budget-959.html">abolishment of several taxes</a> in the 2025 budget.<o:p></o:p></span></p>
1597.  
1598. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">Finance
1599. Minister Dr Cassiel Ato Forson outlined the tax cuts during his budget
1600. presentation in Parliament, emphasising the positive impact these measures will
1601. have on disposable incomes and business growth.<o:p></o:p></span></p>
1602.  
1603. <span style="font-size: medium;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1604. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1605. <span style="font-size: medium;"><script>
1606.     (adsbygoogle = window.adsbygoogle || []).push({});
1607. </script>
1608.  
1609. </span><p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">“Mr.
1610. Speaker, we will abolish the 10% withholding tax on winnings from lottery,
1611. otherwise known as the ‘Betting Tax’; we will abolish the Electronic Transfer
1612. Levy (E-Levy) of 1%; we will abolish the Emission Levy on industries and
1613. vehicles; we will abolish the VAT on motor vehicle insurance policy; and we
1614. will abolish the 1.5% withholding tax on winning of unprocessed gold by
1615. small-scale miners,” Dr. Forson announced.<o:p></o:p></span></p>
1616.  
1617. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">He
1618. further explained that the removal of these taxes is intended to ease the
1619. burden on households and improve their disposable incomes.<o:p></o:p></span></p>
1620.  
1621. <p class="MsoNormal"><b><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;">Source:
1622. &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/8483145180561472508/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/govt-to-scrap-e-levy-emission-levy-betting-tax-other-taxes-963.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8483145180561472508'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8483145180561472508'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/govt-to-scrap-e-levy-emission-levy-betting-tax-other-taxes-963.html' title='Govt to scrap E-levy, Emission levy, betting tax, other taxes.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIQPlUMNn2XD42miEVdzr9pBDCTke0jIiblOg1eVXrk0ca_NNv4IROCi4EIGBsXzUyLK9tZBRFBTZu7pZPqlUfP5o_2FAn3lS9D8_nueKePoP73deZEU499tA9vTVLQwEunMJui9wt_iJXiB-Rm5jtNF0aH_iB5NSx50D4YLof2EXXq32lcEJx3r9rte0/s72-w640-h323-c/WhatsApp-Image-2025-03-11-at-12.47.59_3cf979da-768x500.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-8247948966794846743</id><published>2025-03-11T17:15:00.002+00:00</published><updated>2025-03-11T22:33:02.972+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="General News"/><title type='text'>Government recalls diplomatic and service passports.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFJ1EaXHE-LcBIm7tjYQjfiN1KWHxIDOkwW_MLa-QQ9mtgqsQUb8n7qXCA3XqQYEhUHlFNllfW-tT-eOX7YlQLIb52nrbFbdXgmQfLLw0Me58l7fAU-Gol_cQOWEOm073MiCZ1_F4cW234pcQpu_0kA9WrDpv6PfncjyjR6ejXI7T4cA1-3IC-g4Q7oMU/s862/Ghana-Passport-862x424.png&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Government recalls diplomatic and service passports.&quot; border=&quot;0&quot; data-original-height=&quot;424&quot; data-original-width=&quot;862&quot; height=&quot;314&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFJ1EaXHE-LcBIm7tjYQjfiN1KWHxIDOkwW_MLa-QQ9mtgqsQUb8n7qXCA3XqQYEhUHlFNllfW-tT-eOX7YlQLIb52nrbFbdXgmQfLLw0Me58l7fAU-Gol_cQOWEOm073MiCZ1_F4cW234pcQpu_0kA9WrDpv6PfncjyjR6ejXI7T4cA1-3IC-g4Q7oMU/w640-h314/Ghana-Passport-862x424.png&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Gov’t recalls diplomatic and service passports.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1623.  
1624. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: medium;">The
1625. Ministry of Foreign Affairs and Regional Integration has issued a final
1626. reminder to individuals still in possession of Diplomatic and Service Passports
1627. issued during the previous administration to return them by 17 March 2025.<o:p></o:p></span></p>
1628.  
1629. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: medium;">This
1630. directive follows a previous announcement by the Ministry, dated 15 January
1631. 2025, and stems from an order by the Office of the President to review and
1632. retrieve all such passports no longer valid under current government
1633. requirements.<o:p></o:p></span></p>
1634.  
1635. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: medium;">So far, 404
1636. Diplomatic Passports and 387 Service Passports remain unreturned, despite
1637. earlier notices.<o:p></o:p></span></p>
1638.  
1639. <span style="font-size: medium;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1640. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1641. <span style="font-size: medium;"><script>
1642.     (adsbygoogle = window.adsbygoogle || []).push({});
1643. </script>
1644.  
1645. </span><p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">The
1646. Ministry is calling on all individuals listed below to surrender their
1647. passports to the Legal and Treaties Bureau at the Ministry without delay:<o:p></o:p></span></p>
1648.  
1649. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">•
1650. Former Ministers and their spouses<br />
1651. • Former Members of Parliament from all political parties<br />
1652. • Former Council of State members and their spouses<br />
1653. • Retired Justices of the Superior and Lower Courts<br />
1654. • Former Regional Ministers, MMDCEs, board chairs and members of state
1655. institutions<br />
1656. • Officials of the National Cathedral Project<br />
1657. • Former political ambassadors and their dependents<br />
1658. • Businessmen and entrepreneurs<br />
1659. • Former government functionaries<br />
1660. • Any person holding an official passport but not currently serving the state<o:p></o:p></span></p>
1661.  
1662. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;">The
1663. Ministry has warned that any passports not returned by the deadline will be
1664. cancelled and added to the Stop-Watch List, making them subject to immediate
1665. seizure at all entry and exit points in Ghana.</span><o:p></o:p></span></p><p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;"><b>Below is a copy of the statement:</b></span></span></p><p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans";"></span></p><div class="separator" style="clear: both; text-align: left;"><span lang="en-GH" style="font-family: "Work Sans";"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgwzs0dv51_lbDB5CHQDu3FYnbshIaNH64Yw3eIzL0B0yNm_Ba4VkgonkR27m6OLg-AtDrrHv5iuhZPKUSKSw_WYDi0faAwdhGpmzwVZdrANUZehVmC-R7w3au8sfn3FxCfObFbGDcWtFAcE_UWh8Bvf8GeTSeyE5LaXZvK-judb_FKi4YTJ7ge283MBQ/s1024/Untitled-1-16-722x1024.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Government recalls diplomatic and service passports." border="0" data-original-height="1024" data-original-width="722" height="652" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgwzs0dv51_lbDB5CHQDu3FYnbshIaNH64Yw3eIzL0B0yNm_Ba4VkgonkR27m6OLg-AtDrrHv5iuhZPKUSKSw_WYDi0faAwdhGpmzwVZdrANUZehVmC-R7w3au8sfn3FxCfObFbGDcWtFAcE_UWh8Bvf8GeTSeyE5LaXZvK-judb_FKi4YTJ7ge283MBQ/w531-h652/Untitled-1-16-722x1024.jpg" width="531" /></a></span></div><p></p>
1666.  
1667. <p class="MsoNormal"><b><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;">Source:
1668. &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/8247948966794846743/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/government-recalls-diplomatic-and-service-passports-962.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8247948966794846743'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8247948966794846743'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/government-recalls-diplomatic-and-service-passports-962.html' title='Government recalls diplomatic and service passports.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFJ1EaXHE-LcBIm7tjYQjfiN1KWHxIDOkwW_MLa-QQ9mtgqsQUb8n7qXCA3XqQYEhUHlFNllfW-tT-eOX7YlQLIb52nrbFbdXgmQfLLw0Me58l7fAU-Gol_cQOWEOm073MiCZ1_F4cW234pcQpu_0kA9WrDpv6PfncjyjR6ejXI7T4cA1-3IC-g4Q7oMU/s72-w640-h314-c/Ghana-Passport-862x424.png" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-4890544911979462837</id><published>2025-03-11T00:56:00.010+00:00</published><updated>2025-03-11T22:35:19.303+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics &amp; Governance"/><title type='text'>Stay out of Ghana’s anti-LGBTQ debate - President Mahama.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCVaIA4sla-tFdooatYXnmjI0d6O-ekQecmi0chyphenhyphenOWMPkgGkCxOs7sRnskrPyUVfU6Ppp2-Pf9vQ1xOe0R_P_uGhS9jFtHc7MaUgFq5sBVsVQgJoI3A-QdPXyn39eMjjMA7oH_U6IgGG_aIC46ULg0L4dz1QJDjIFzORqcATNB8_cok6pyvs8Eq9IDwhQ/s615/image-11-615x410.webp&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Stay out of Ghana’s anti-LGBTQ debate - President Mahama.&quot; border=&quot;0&quot; data-original-height=&quot;410&quot; data-original-width=&quot;615&quot; height=&quot;351&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCVaIA4sla-tFdooatYXnmjI0d6O-ekQecmi0chyphenhyphenOWMPkgGkCxOs7sRnskrPyUVfU6Ppp2-Pf9vQ1xOe0R_P_uGhS9jFtHc7MaUgFq5sBVsVQgJoI3A-QdPXyn39eMjjMA7oH_U6IgGG_aIC46ULg0L4dz1QJDjIFzORqcATNB8_cok6pyvs8Eq9IDwhQ/w640-h351/image-11-615x410.webp&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;President John Dramani Mahama&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1669.  
1670. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">President
1671. <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> has warned multilateral institutions like the World Bank
1672. and the International Monetary Fund (IMF) to avoid interfering in
1673. Ghana’s domestic policies, particularly concerning cultural and social issues
1674. such as <a href="https://ghananews.hrforum.uk/2021/12/homosexuality-is-a-mental-disorder-not-biological-dr-osei-109.html">LGBTQ+ rights</a>. <o:p></o:p></span></p>
1675.  
1676. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">Speaking
1677. in an interview with Bloomberg’s Next Africa, Mahama argued that
1678. multilateral institutions should focus on their economic mandates rather than
1679. attempting to influence cultural values in Ghana.<o:p></o:p></span></p>
1680.  
1681. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">“Multilateral
1682. institutions should avoid getting into cultural matters,” President Mahama stated
1683. bluntly in a recent Bloomberg interview. “This is a diverse world. We have
1684. different cultures.”<o:p></o:p></span></p>
1685.  
1686. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">His
1687. comments come amid speculation that organizations like the World Bank and
1688. International Monetary Fund (IMF) might withdraw funding if Ghana passes controversial
1689. anti-LGBTQ+ legislation that is being considered for revival in
1690. parliament.<o:p></o:p></span></p>
1691.  
1692. <span style="font-size: medium;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1694. <span style="font-size: medium;"><script>
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1696. </script>
1697.  
1698. </span><p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: medium;">When
1699. directly asked about potential financial consequences should the bill become
1700. law, Mahama remained defiant: “If they decide to pull [funding], well, it’s
1701. their prerogative. But I don’t believe that multilateral institutions like the
1702. World Bank and IMF should include in their mandates how people behave culturally.”<o:p></o:p></span></p>
1703.  
1704. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">Ghana’s
1705. parliament is currently considering reviving a <a href="https://ghananews.hrforum.uk/2021/10/efforts-to-legalise-lgbtq-in-ghana-will-be-a-waste-osei-kyei-023.html">controversial anti-LGBTQ bill</a>. <o:p></o:p></span></p>
1706.  
1707. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">The
1708. previous version of the anti-LGBTQ+ bill expired after facing legal challenges
1709. and failing to receive presidential assent. Mahama clarified that although the
1710. legal challenge was eventually dismissed, the bill lapsed because it wasn’t
1711. signed into law.<o:p></o:p></span></p>
1712.  
1713. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">Regarding
1714. any new version of the bill, Mahama advocated for broader stakeholder
1715. consultation. “What we need is more stakeholder consultation to look at
1716. whatever new bill will come and make sure that we carry everybody on board,” he
1717. explained.<o:p></o:p></span></p>
1718.  
1719. <span style="font-size: medium;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1721. <span style="font-size: medium;"><script>
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1723. </script>
1724.  
1725. </span><p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;">The
1726. President emphasized that preserving family values should focus more on
1727. education than legislation alone. “Proper family values are something we all
1728. are interested in,” he said. “But it’s not only in the bills that we send to
1729. parliament to regulate them; it’s also about teaching our children those family
1730. values as they grow.</span><o:p></o:p></span></p>
1731.  
1732. <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/0EFv9NSL_Fk?si=okebW3saVD-oRIwF" title="YouTube video player" width="560"></iframe>
1733.  
1734. <p class="MsoNormal"><b><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;">Source:
1735. &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/4890544911979462837/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/stay-out-of-ghanas-anti-lgbtq-debate-president-mahama-961.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/4890544911979462837'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/4890544911979462837'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/stay-out-of-ghanas-anti-lgbtq-debate-president-mahama-961.html' title='Stay out of Ghana’s anti-LGBTQ debate - President Mahama.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCVaIA4sla-tFdooatYXnmjI0d6O-ekQecmi0chyphenhyphenOWMPkgGkCxOs7sRnskrPyUVfU6Ppp2-Pf9vQ1xOe0R_P_uGhS9jFtHc7MaUgFq5sBVsVQgJoI3A-QdPXyn39eMjjMA7oH_U6IgGG_aIC46ULg0L4dz1QJDjIFzORqcATNB8_cok6pyvs8Eq9IDwhQ/s72-w640-h351-c/image-11-615x410.webp" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-5839180516485533602</id><published>2025-03-07T12:25:00.010+00:00</published><updated>2025-03-11T22:35:42.580+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics &amp; Governance"/><title type='text'>Prof. Adei praises President Mahama’s first 100 days.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr7Y4U-UF4spjKLoWoXjDENRRNT3ceAkJsgZ8OsABjsEaNkeR4dwMVqjtDXuizxi0WNH3u5SZhH-HigCbuw43tQLjCdefF5Xz47mSfcLiAzS0U6Al-bfDYirrVwwlA9ApmBcYCb4dqy2tAZCHl3-RJoE2om-NEfwGdepbUHckEedmPBMYzugFmKG1R31U/s1526/Prof-Stephen-Adei-FSHS2.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Prof. Adei praises President Mahama’s first 100 days.&quot; border=&quot;0&quot; data-original-height=&quot;937&quot; data-original-width=&quot;1526&quot; height=&quot;307&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr7Y4U-UF4spjKLoWoXjDENRRNT3ceAkJsgZ8OsABjsEaNkeR4dwMVqjtDXuizxi0WNH3u5SZhH-HigCbuw43tQLjCdefF5Xz47mSfcLiAzS0U6Al-bfDYirrVwwlA9ApmBcYCb4dqy2tAZCHl3-RJoE2om-NEfwGdepbUHckEedmPBMYzugFmKG1R31U/w640-h307/Prof-Stephen-Adei-FSHS2.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Professor Stephen Adei.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1736.  
1737. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1742.  
1743. <p class="MsoNormal"></p><p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">Renowned
1744. economist Professor Stephen Adei has lauded President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> for
1745. his impressive performance during his first 100 days in office.<o:p></o:p></span></p>
1746.  
1747. <p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">Speaking
1748. in an interview on JoyNews, Prof. Adei stated that Mahama’s early months in
1749. power have been remarkable, comparing his performance with previous
1750. administrations.<o:p></o:p></span></p>
1751.  
1752. <p class="MsoNormal"><span style="font-size: medium;"><span style="font-family: "Work Sans"; mso-ansi-language: #2000;">“His
1753. Excellency, the President has done very well in the first 100 days. I mean,
1754. government after government. I was too young to have observed the first 100
1755. days of Nkrumah, but thereafter, when he was overthrown, I was in my final year
1756. at training college. Since then, I have observed the early days of every
1757. government, and I would give him a very high score for what he has done,” the
1758. former Chairman of the National Development Planning Commission (NDPC),
1759. remarked.</span><span lang="en-GH" style="font-family: "Work Sans";"><o:p></o:p></span></span></p>
1760.  
1761. <span style="font-size: medium;"><script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1762. </span><ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1763. <span style="font-size: medium;"><script>
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1765. </script>
1766.  
1767. </span><p class="MsoNormal"><span style="font-family: "Work Sans"; font-size: medium; mso-ansi-language: #2000;">However,
1768. he cautioned that the true test of leadership extends beyond the initial phase.<o:p></o:p></span></p>
1769.  
1770. <p class="MsoNormal"><span style="font-size: medium;"><span style="font-family: "Work Sans"; mso-ansi-language: #2000;">“This
1771. is the honeymoon stage, and I will give him a good score. But the real
1772. challenge lies in stabilising the economy, generating revenue, and addressing
1773. key issues such as Ghana’s limited gains from its mineral resources and the
1774. fight against illegal mining (galamsey)</span><span lang="en-GH" style="font-family: "Work Sans";">.”</span><span style="font-family: "Work Sans"; mso-ansi-language: #2000;"><o:p></o:p></span></span></p>
1775.  
1776. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: medium;">Despite the
1777. hurdles ahead, Prof. Adei expressed optimism that Mahama can maintain his
1778. momentum, emphasizing, “Ghana needs continuity and progress. We cannot afford
1779. to keep resetting our national agenda.<o:p></o:p></span></p><p class="MsoNormal"></p>
1780.  
1781. <p class="MsoNormal"><b><span lang="en-GH" style="font-family: "Work Sans";"><span style="font-size: medium;">Source:
1782. &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/5839180516485533602/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/03/prof-adei-praises-president-mahamas-first-100-days-960.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/5839180516485533602'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/5839180516485533602'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/03/prof-adei-praises-president-mahamas-first-100-days-960.html' title='Prof. Adei praises President Mahama’s first 100 days.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr7Y4U-UF4spjKLoWoXjDENRRNT3ceAkJsgZ8OsABjsEaNkeR4dwMVqjtDXuizxi0WNH3u5SZhH-HigCbuw43tQLjCdefF5Xz47mSfcLiAzS0U6Al-bfDYirrVwwlA9ApmBcYCb4dqy2tAZCHl3-RJoE2om-NEfwGdepbUHckEedmPBMYzugFmKG1R31U/s72-w640-h307-c/Prof-Stephen-Adei-FSHS2.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-2713146455907406662</id><published>2025-01-13T17:07:00.003+00:00</published><updated>2025-01-13T17:43:59.824+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Business"/><title type='text'>E-Levy, betting tax to be scrapped in first budget – Ato Forson.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJHar2wXhM_PvO76Qdhx2Z3ZQ8AnIQprVEu_dG4W4vAE8OUSco1v55_ijt21O7zpR1kIY148h-_ojWmOem6p0UEm5EDiqP3PRjnq4on3UzpBkc-eDZRxUPIxHtckyDItViJRFH18wOE95RU5s0zO6iIu05i2G12gzJvXIwFhH9LjD2Z8FSBZk4BBsfzwE/s750/Ato-Forson-minister--750x375.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;E-Levy, betting tax to be scrapped in first budget – Ato Forson.&quot; border=&quot;0&quot; data-original-height=&quot;375&quot; data-original-width=&quot;750&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJHar2wXhM_PvO76Qdhx2Z3ZQ8AnIQprVEu_dG4W4vAE8OUSco1v55_ijt21O7zpR1kIY148h-_ojWmOem6p0UEm5EDiqP3PRjnq4on3UzpBkc-eDZRxUPIxHtckyDItViJRFH18wOE95RU5s0zO6iIu05i2G12gzJvXIwFhH9LjD2Z8FSBZk4BBsfzwE/w640-h320/Ato-Forson-minister--750x375.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;i&gt;&lt;b&gt;Finance Minister-designate, Dr. Cassiel Ato Forson.&lt;/b&gt;&lt;/i&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1783.  
1784. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Finance Minister-designate, Dr. Cassiel Ato Forson,
1785. has pledged to remove both the <a href="https://ghananews.hrforum.uk/2022/03/parliament-finally-passes-1.5-percent-e-levy-amid-minority-walkout-365.html">E-Levy</a> and the betting tax in the government’s
1786. first budget, should he be approved.<o:p></o:p></span></p>
1787.  
1788. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">He argued that both taxes hinder economic progress.
1789. Specifically, he pointed out that the <a href="https://ghananews.hrforum.uk/2023/05/e-levy-charges-in-ghana-800.html">E-Levy discourages digital transactions</a>
1790. and obstructs the country’s move towards a cashless economy, while the betting
1791. tax generates minimal revenue.<o:p></o:p></span></p>
1792.  
1793. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“My <a href="https://ghananews.hrforum.uk/2021/12/our-position-on-e-levy-hasnt-changed-minority-to-govt-110.html">position on the E-levy is well known</a> and I do not
1794. intend to run from it. I have written articles against the e-levy, I championed
1795. the position against the e-levy and I still stand by it. The e-levy is neither
1796. a direct tax, an indirect tax, or an excise tax. I insist that the betting tax
1797. must be abolished and as Finance Minister, I will abolish it in my first budget
1798. because it has failed”.<o:p></o:p></span></p>
1799.  
1800. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Dr. Forson made it clear that his position on the
1801. contentious taxes remains unchanged.<o:p></o:p></span></p>
1802.  
1803. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1808.  
1809. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“I don’t know how to classify it as a tax practitioner.
1810. It doesn’t mean that I do not recognise that the levy brings in a certain
1811. amount of revenue, but the fact remains, e-levy retards the progress towards a
1812. cashless economy. We need to abolish it,” he stated.<o:p></o:p></span></p>
1813.  
1814. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“I have said that given the opportunity, I will
1815. abolish the e-levy. I want to restate that position that if approved, as part
1816. of the first budget, I will announce that we will abolish the levy as part of
1817. our first budget. Recognising the commitment H.E. <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> said that
1818. as part of his 120-day agenda, we will <a href="https://ghananews.hrforum.uk/2021/11/ndc-mps-threaten-to-reject-1.75-percent-momo-levy-074.html">abolish the e-levy</a> and we stand by
1819. that.”<o:p></o:p></span></p>
1820.  
1821. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">No new
1822. taxes <o:p></o:p></span></b></p>
1823.  
1824. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Dr. Cassiel Ato Forson also underscored the importance
1825. of compliance in enhancing Ghana’s revenue. He believes <a href="https://ghananews.hrforum.uk/2022/12/govt-has-little-to-show-for-many-taxes-collected-kpmg-survey-683.html">there is no need to increase taxes</a> given the country’s substantial potential in revenue
1826. mobilisation.<o:p></o:p></span></p>
1827.  
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1833.  
1834. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“I have studied Ghana’s economy for some time now and
1835. without mincing words, Ghana has potential when it comes to tax revenue
1836. mobilisation. We don’t necessarily have to increase taxes before you rake in
1837. revenue. We have the handles, what we need to do is to improve compliance.”<o:p></o:p></span></p>
1838.  
1839. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">He pledged to raise the tax revenue-to-GDP ratio from
1840. 13.8% to 16% if approved.<o:p></o:p></span></p>
1841.  
1842. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“I will work with the GRA, the tax policy unit of the
1843. Ministry of Finance to ensure that we increase compliance and ensure that we
1844. raise the revenue as much as we can.<o:p></o:p></span></p>
1845.  
1846. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“In the medium term, it is my vision when approved to
1847. increase the tax revenue from 13.8% of GDP to 16% -18%. By this, we will be
1848. able to compare ourselves to our peers. I believe the potentials are out there,
1849. but it doesn’t necessarily mean we should increase taxes.”<o:p></o:p></span></p>
1850.  
1851. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/2713146455907406662/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/e-levy-betting-tax-to-be-scrapped-in-first-budget-959.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/2713146455907406662'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/2713146455907406662'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/e-levy-betting-tax-to-be-scrapped-in-first-budget-959.html' title='E-Levy, betting tax to be scrapped in first budget – Ato Forson.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJHar2wXhM_PvO76Qdhx2Z3ZQ8AnIQprVEu_dG4W4vAE8OUSco1v55_ijt21O7zpR1kIY148h-_ojWmOem6p0UEm5EDiqP3PRjnq4on3UzpBkc-eDZRxUPIxHtckyDItViJRFH18wOE95RU5s0zO6iIu05i2G12gzJvXIwFhH9LjD2Z8FSBZk4BBsfzwE/s72-w640-h320-c/Ato-Forson-minister--750x375.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-994269889640668823</id><published>2025-01-13T12:54:00.002+00:00</published><updated>2025-01-13T12:57:30.548+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Sports"/><title type='text'>Kassim Ocansey appointed Head Coach of Black Meteors.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB23psRJhVQA-SfgAvfrjezdpMr1hPeEaER8VEEBmr8eq1cyp4WvEn-odTPSXJhzNsks9q4JOa0e4aRuH27OoCCUxJanVXUtkpZFuZSoAp9Z3XSJ7S0ldb65Eth3Ve1BKaqW1iB4v0hRv16fWA6ra48M3Ta7QQeY40b7mAZ9r0_v7V1jteA6zuIiKhycc/s680/mingle-e1736762930512-680x536.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Kassim Ocansey appointed Head Coach of Black Meteors.&quot; border=&quot;0&quot; data-original-height=&quot;536&quot; data-original-width=&quot;680&quot; height=&quot;343&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB23psRJhVQA-SfgAvfrjezdpMr1hPeEaER8VEEBmr8eq1cyp4WvEn-odTPSXJhzNsks9q4JOa0e4aRuH27OoCCUxJanVXUtkpZFuZSoAp9Z3XSJ7S0ldb65Eth3Ve1BKaqW1iB4v0hRv16fWA6ra48M3Ta7QQeY40b7mAZ9r0_v7V1jteA6zuIiKhycc/w640-h343/mingle-e1736762930512-680x536.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Coach Kassim Ocansey (Mingle).&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1852.  
1853. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The Ghana Football Association has announced the
1854. appointment of Coach Kassim Ocansey (Mingle) as the new Head Coach of the Male
1855. National Under-23 team, the Black Meteors.<o:p></o:p></span></p>
1856.  
1857. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Coach Ocansey brings a wealth of experience to the
1858. role, having had a distinguished career in coaching with club sides Accra Great
1859. Olympics, Bechem United, and Nations FC, where he is currently the Head Coach.
1860. Coach Kassim Mingle, as he is popularly called, has also coached extensively at
1861. the Academy, Colts and second tier levels of Ghana Football, experiences which
1862. have equipped him with a deep understanding of how to develop talent from
1863. a very early age.<o:p></o:p></span></p>
1864.  
1865. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">With a passion for nurturing young talent, Coach
1866. Kassim Mingle is the ideal candidate to lead the Black Meteors in their quest
1867. to regain their past glory.<o:p></o:p></span></p>
1868.  
1869. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1870. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1871. <script>
1872.     (adsbygoogle = window.adsbygoogle || []).push({});
1873. </script>
1874.  
1875. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The team, which was the first African nation to win an
1876. Olympic medal in football at the 1992 Olympic Games in Barcelona, Spain, is
1877. seeking to rediscover its footing as a powerhouse at its level in world
1878. football.<o:p></o:p></span></p>
1879.  
1880. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Coach Kassim Ocansey had a very active footballing
1881. career playing for then top tier teams Dumas Boys of GTP, GIHOC Stars, Sekondi
1882. Eleven Wise and Accra Standfast over a period of eight years.<o:p></o:p></span></p>
1883.  
1884. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The Ghana Football Association is confident that Coach
1885. Ocansey’s expertise and experience will be invaluable in building a formidable
1886. Black Meteors team that would be ultimately successful.<o:p></o:p></span></p>
1887.  
1888. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/994269889640668823/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/kassim-ocansey-appointed-head-coach-of-black-meteors-958.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/994269889640668823'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/994269889640668823'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/kassim-ocansey-appointed-head-coach-of-black-meteors-958.html' title='Kassim Ocansey appointed Head Coach of Black Meteors.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB23psRJhVQA-SfgAvfrjezdpMr1hPeEaER8VEEBmr8eq1cyp4WvEn-odTPSXJhzNsks9q4JOa0e4aRuH27OoCCUxJanVXUtkpZFuZSoAp9Z3XSJ7S0ldb65Eth3Ve1BKaqW1iB4v0hRv16fWA6ra48M3Ta7QQeY40b7mAZ9r0_v7V1jteA6zuIiKhycc/s72-w640-h343-c/mingle-e1736762930512-680x536.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-751251100612296558</id><published>2025-01-13T12:31:00.001+00:00</published><updated>2025-01-13T12:32:59.184+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics &amp; Governance"/><title type='text'>Mahama directs Lands Commission to halt sale of state lands.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9Mg_Bo06ovdPKqnNYzl1n-_lx0-N-qhVMC8Wg2jGJKqb51WPLYVscnq-eEJmNp5127WnrlPI-nD2h1WxCbg1VLaot8CIQcHZ8VQ8asQpeD47suE4rXLTexEUQsoVLPMsccsKtdztXST3rqDUxyBbXTA_ScudNVHurJMVzh2_OHbvNRuSKWf3uTPgtOxI/s750/John-Mahama-10-1024x683-1-750x375.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Mahama directs Lands Commission to halt sale of state lands.&quot; border=&quot;0&quot; data-original-height=&quot;375&quot; data-original-width=&quot;750&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9Mg_Bo06ovdPKqnNYzl1n-_lx0-N-qhVMC8Wg2jGJKqb51WPLYVscnq-eEJmNp5127WnrlPI-nD2h1WxCbg1VLaot8CIQcHZ8VQ8asQpeD47suE4rXLTexEUQsoVLPMsccsKtdztXST3rqDUxyBbXTA_ScudNVHurJMVzh2_OHbvNRuSKWf3uTPgtOxI/w640-h320/John-Mahama-10-1024x683-1-750x375.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;President John Dramani Mahama.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1889.  
1890. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> has ordered the
1891. immediate cessation of all activities related to the sale, lease, or processing
1892. of transactions involving state and public lands.<o:p></o:p></span></p>
1893.  
1894. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">This directive, communicated by Dr Callistus Mahama,
1895. Secretary to the President in a statement dated January 10, 2025, aims to
1896. safeguard these lands for the collective benefit of the citizenry and future
1897. generations.<o:p></o:p></span></p>
1898.  
1899. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
1900. <ins class="adsbygoogle" data-ad-client="ca-pub-7951234674785249" data-ad-format="fluid" data-ad-layout="in-article" data-ad-slot="9808353125" style="display: block; text-align: center;"></ins>
1901. <script>
1902.     (adsbygoogle = window.adsbygoogle || []).push({});
1903. </script>
1904.  
1905. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The directive mandates that all ongoing and pending
1906. transactions must be halted without delay to facilitate a comprehensive review
1907. of the current framework governing the management of State and Public Lands.<o:p></o:p></span></p>
1908.  
1909. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The Executive Secretary of the Lands Commission has
1910. been requested to submit a detailed report of all recent and ongoing
1911. transactions concerning these lands to the Office of the President within 14
1912. days of the communication.<o:p></o:p></span></p>
1913.  
1914. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;A copy of the statement below:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: left;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZdph5yoQrHQBtxnMarP6RoNWyYuAqQAHcY8cEGJs8S704qkDHqdHaeF2ZopsqCUio1q22jMrqP038vqWashUC5suKUJ0Ba4v7wrAkL3QJAI8IQd6zPkBSx8jRyw33nBX5vm9Qnh06VasDYPNoqnd9kbxIMf5yiKVewWntH2yDkHNAkVHoW2q8Cy4NAgs/s1235/WhatsApp-Image-2025-01-11-at-17.09.57_0efb2ac3.jpg&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img alt=&quot;Mahama directs Lands Commission to halt sale of state lands.&quot; border=&quot;0&quot; data-original-height=&quot;1235&quot; data-original-width=&quot;881&quot; height=&quot;690&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZdph5yoQrHQBtxnMarP6RoNWyYuAqQAHcY8cEGJs8S704qkDHqdHaeF2ZopsqCUio1q22jMrqP038vqWashUC5suKUJ0Ba4v7wrAkL3QJAI8IQd6zPkBSx8jRyw33nBX5vm9Qnh06VasDYPNoqnd9kbxIMf5yiKVewWntH2yDkHNAkVHoW2q8Cy4NAgs/w613-h690/WhatsApp-Image-2025-01-11-at-17.09.57_0efb2ac3.jpg&quot; width=&quot;613&quot; /&gt;&lt;/a&gt;&lt;/b&gt;&lt;/div&gt;&lt;p&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/751251100612296558/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/mahama-directs-lands-commission-to-halt-sale-of-state-lands-957.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/751251100612296558'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/751251100612296558'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/mahama-directs-lands-commission-to-halt-sale-of-state-lands-957.html' title='Mahama directs Lands Commission to halt sale of state lands.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9Mg_Bo06ovdPKqnNYzl1n-_lx0-N-qhVMC8Wg2jGJKqb51WPLYVscnq-eEJmNp5127WnrlPI-nD2h1WxCbg1VLaot8CIQcHZ8VQ8asQpeD47suE4rXLTexEUQsoVLPMsccsKtdztXST3rqDUxyBbXTA_ScudNVHurJMVzh2_OHbvNRuSKWf3uTPgtOxI/s72-w640-h320-c/John-Mahama-10-1024x683-1-750x375.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-7672090038713490571</id><published>2025-01-13T12:06:00.003+00:00</published><updated>2025-01-13T12:15:47.492+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics &amp; Governance"/><title type='text'>President John Mahama dissolves all boards.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDgM6oWbwPQQf4EWFE2TZ0Sfa8D_Tuy_LZRDG9QX3pFzxEpZ8Ie1Vc7Q2MOzSjXvNND5K6vg_KtZOrMG_1hZ0LUpYy_Ha6CH7dSdJu81iDjdt2aqCUf4nTFCMZFxxj2sPcRNeBgpvGkEyUxA7_IUvPgiSAKkJxDc8GRHx6bbK9PEhhX3RS7oTscpT2HJ8/s2048/473316491_1030022702485960_167158343127973157_n.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;President John Mahama dissolves all boards.&quot; border=&quot;0&quot; data-original-height=&quot;1707&quot; data-original-width=&quot;2048&quot; height=&quot;339&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDgM6oWbwPQQf4EWFE2TZ0Sfa8D_Tuy_LZRDG9QX3pFzxEpZ8Ie1Vc7Q2MOzSjXvNND5K6vg_KtZOrMG_1hZ0LUpYy_Ha6CH7dSdJu81iDjdt2aqCUf4nTFCMZFxxj2sPcRNeBgpvGkEyUxA7_IUvPgiSAKkJxDc8GRHx6bbK9PEhhX3RS7oTscpT2HJ8/w640-h339/473316491_1030022702485960_167158343127973157_n.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;President John Mahama dissolves all boards.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1915.  
1916. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">In a decisive move following his inauguration,
1917. President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> has officially dissolved all statutory boards,
1918. corporations, commissions, and councils appointed by the previous
1919. administration. <o:p></o:p></span></p>
1920.  
1921. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The dissolution is in accordance with the Presidential
1922. (Transition) Act, 2012 (Act 845).<o:p></o:p></span></p>
1923.  
1924. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">A statement signed by Acting Spokesperson Felix Kwakye
1925. Ofosu made it clear that all former board members have ceased to hold office,
1926. and the announcement serves as formal notice for all affected members. The
1927. dissolution does not include Boards of independent constitutional bodies.<o:p></o:p></span></p>
1928.  
1929. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1934.  
1935. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President Mahama extended his gratitude to the
1936. outgoing board members for their service and wished them well in their future
1937. endeavours. During this period of transition, managements of the affected entities
1938. are instructed to seek clearance from the Chief of Staff before making any
1939. significant decisions.<o:p></o:p></span></p>
1940.  
1941. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">This sweeping change signals a fresh start for the
1942. Mahama administration as it seeks to implement its policies and priorities.</span></p>
1943.  
1944. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;A copy of the statement below:&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: left;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-uCGOJZ8IqYI_tayGwAsqJh-sZa76wLv3sWu2qKHTm9UfE6A1xxCYPxf86opjLyEXz7uu6kDi4BpLgQesbPz3wEgHKrw6N2fzBknJ1AvO21RP86fj9v3n_tGgoHNiZ_hNmWhd7dcbZg1cuE-To12vIXV22iJCd1bfENo05Bwux70T1Bss1pgkUqCNKC0/s1182/473301812_1027594376062703_2111205426349941622_n.jpg&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img alt=&quot;President John Mahama dissolves all boards.&quot; border=&quot;0&quot; data-original-height=&quot;1182&quot; data-original-width=&quot;904&quot; height=&quot;703&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-uCGOJZ8IqYI_tayGwAsqJh-sZa76wLv3sWu2qKHTm9UfE6A1xxCYPxf86opjLyEXz7uu6kDi4BpLgQesbPz3wEgHKrw6N2fzBknJ1AvO21RP86fj9v3n_tGgoHNiZ_hNmWhd7dcbZg1cuE-To12vIXV22iJCd1bfENo05Bwux70T1Bss1pgkUqCNKC0/w596-h703/473301812_1027594376062703_2111205426349941622_n.jpg&quot; width=&quot;596&quot; /&gt;&lt;/a&gt;&lt;/b&gt;&lt;/div&gt;&lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/7672090038713490571/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/president-john-mahama-dissolves-all-boards-956.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7672090038713490571'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7672090038713490571'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/president-john-mahama-dissolves-all-boards-956.html' title='President John Mahama dissolves all boards.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDgM6oWbwPQQf4EWFE2TZ0Sfa8D_Tuy_LZRDG9QX3pFzxEpZ8Ie1Vc7Q2MOzSjXvNND5K6vg_KtZOrMG_1hZ0LUpYy_Ha6CH7dSdJu81iDjdt2aqCUf4nTFCMZFxxj2sPcRNeBgpvGkEyUxA7_IUvPgiSAKkJxDc8GRHx6bbK9PEhhX3RS7oTscpT2HJ8/s72-w640-h339-c/473316491_1030022702485960_167158343127973157_n.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-6047525651068137022</id><published>2025-01-13T11:48:00.006+00:00</published><updated>2025-01-13T12:00:35.281+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="General News"/><title type='text'>Mahama promises inquiry into national cathedral project. </title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/a/AVvXsEj9bNAUAZDY3tBqQdve7ghwFlZCyRnh3RxiIIx28tjUdQ6dyMBjGmPWdhM8CJYrbMfa4wRFLnq1XW_ymV6-Fl4BuYLehIKQajizYQe4jtrITjvgc6_jW0KPiWorrJ6842aiCicGme61uUt9v-U5oqwJ4MG-nar1bK2AVfq8BR6i6kCsJhiUFF2ix-x3LRs&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Mahama promises inquiry into national cathedral project.&quot; data-original-height=&quot;1366&quot; data-original-width=&quot;2048&quot; height=&quot;340&quot; src=&quot;https://blogger.googleusercontent.com/img/a/AVvXsEj9bNAUAZDY3tBqQdve7ghwFlZCyRnh3RxiIIx28tjUdQ6dyMBjGmPWdhM8CJYrbMfa4wRFLnq1XW_ymV6-Fl4BuYLehIKQajizYQe4jtrITjvgc6_jW0KPiWorrJ6842aiCicGme61uUt9v-U5oqwJ4MG-nar1bK2AVfq8BR6i6kCsJhiUFF2ix-x3LRs=w640-h340&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;President John Dramani Mahama.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
1945.  
1946. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> has announced an
1947. impending audit of the <a href="https://ghananews.hrforum.uk/2022/09/we-will-surely-build-the-national-cathedral-akufo-addo-568.html">National Cathedral Project</a> making it clear that spending
1948. a whopping $400 million on such a project is not in the public interest. <o:p></o:p></span></p>
1949.  
1950. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">According to President Mahama “… the current
1951. circumstances that Ghana is going through, it makes no sense to achieve such a
1952. project at a whopping sum of $400 million.” <o:p></o:p></span></p>
1953.  
1954. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Speaking at a National Prayer and Thanksgiving Service
1955. in Accra, Mr. Mahama said the government will implement the Commission on Human
1956. Rights and Administrative Justice (CHRAJ) recommendation to investigate the
1957. possible misapplication of public funds on the project. <o:p></o:p></span></p>
1958.  
1959. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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1963. </script>
1964.  
1965. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“Government is enjoined to follow this directive and
1966. will soon activate such an investigation into the project,” he affirmed,
1967. further signaling his administration's commitment to accountability and
1968. transparency. <o:p></o:p></span></p>
1969.  
1970. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Building
1971. Consensus for Future Projects. <o:p></o:p></span></b></p>
1972.  
1973. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Making it clear that the current development of the
1974. National Cathedral will not continue under his administration, the President
1975. urged the Christian community to forge a consensus on executing national
1976. projects like the National Cathedral without resorting to public funds. <o:p></o:p></span></p>
1977.  
1978. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“On the future of the project, the Cathedral, I
1979. believe that all of us as Christians must forge a consensus on how to achieve
1980. such a project without recourse to public funds”, adding that any such
1981. consideration must consider the project cost, privately financed and at a
1982. different location. <o:p></o:p></span></p>
1983.  
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1988. </script>
1989.  
1990. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Financial
1991. Concerns and Comparisons. <o:p></o:p></span></b></p>
1992.  
1993. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“This project must be achieved at a reasonable cost in
1994. the current circumstances that Ghana is going through. I am informed that the
1995. National Ecumenical Centre in Abuja, which is used by all Christian faiths in
1996. Nigeria, was built at $30 million”, he noted. <o:p></o:p></span></p>
1997.  
1998. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President Mahama also suggested that Ghana could adopt
1999. a more pragmatic and cost-effective approach to such initiatives, emphasizing
2000. that “we can reach a more reasonable figure for achieving such a project, and
2001. together we can raise the funding for it.” <o:p></o:p></span></p>
2002.  
2003. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2008.  
2009. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Reconsideration
2010. of Project Plans. <o:p></o:p></span></b></p>
2011.  
2012. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President Mahama further hinted that a reconsideration
2013. of the National Cathedral Project might extend to the current location selected
2014. for its construction, leaving room for future consultations among the Christian
2015. community. <o:p></o:p></span></p>
2016.  
2017. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“Such a reconsideration of this project might even
2018. include changing the current site that was chosen for the project. I leave the
2019. rest to any such future consultation that we will have as the body of Christ,”
2020. he concluded.<o:p></o:p></span></p>
2021.  
2022. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
2023.  
2024. <div class='blog-post hentry index-post'>
2025. <div class='post-image-wrap'>
2026. <a class='post-image-link' href='https://ghananews.hrforum.uk/2022/06/abort-national-cathedral-project-and-fix-the-economy-imani-boss-459.html'>
2027. <img alt='Abort National Cathedral Project & Fix the economy -Imani boss.' class='post-thumb' src='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9HqTJT0jJwPM5sWac27TTMWoDnmc4XFyzGPTqh7-QhMZFgzcJtRxFh8MZv5_kUCJI77kOlOkwgs5_bGigHZTLGAnjeyT-eIYH10ZtCnrhGnnn4ZEjUSxiNTzjNH2JaGTwZACoGNQK4rsGUrODFAmgXQLBZoWoJpyUTUkqm0y2m9s9dvaCUezVhnK5/w72-h72-p-k-no-nu/Franklin%20Cudjoe.jpg'/>
2028. </a>
2029. <span class='post-tag index-post-tag'>
2030. Politics & Governance
2031. </span>
2032. </div>
2033. <div class='post-info'>
2034. <h2 class='post-title'>
2035. <a href='https://ghananews.hrforum.uk/2022/06/abort-national-cathedral-project-and-fix-the-economy-imani-boss-459.html'>Abort National Cathedral Project & Fix the economy -Imani boss.</a>
2036. </h2>
2037. <div class='post-meta'>
2038. <span class='post-author'><a href='https://www.blogger.com/profile/17830849078098433822' target='_blank' title='HR Forum Media'>HR Forum Media</a></span>
2039. <span class='post-date published' datetime='2022-06-17T15:34:00Z'>June 17, 2022</span>
2040. </div>
2041. <p class='post-snippet'>Franklin Cudjoe, President of IMANI Africa.   Franklin Cudjoe, President of IMANI Africa, has lambasted President Nana Addo Dankwa Akufo-Addo and his…</p>
2042. <a class='read-more' href='https://ghananews.hrforum.uk/2022/06/abort-national-cathedral-project-and-fix-the-economy-imani-boss-459.html'>Read more</a>
2043. </div>
2044. </div>
2045.  
2046. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/6047525651068137022/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/mahama-promises-inquiry-into-national-cathedral-project-955.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/6047525651068137022'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/6047525651068137022'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/mahama-promises-inquiry-into-national-cathedral-project-955.html' title='Mahama promises inquiry into national cathedral project. '/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/a/AVvXsEj9bNAUAZDY3tBqQdve7ghwFlZCyRnh3RxiIIx28tjUdQ6dyMBjGmPWdhM8CJYrbMfa4wRFLnq1XW_ymV6-Fl4BuYLehIKQajizYQe4jtrITjvgc6_jW0KPiWorrJ6842aiCicGme61uUt9v-U5oqwJ4MG-nar1bK2AVfq8BR6i6kCsJhiUFF2ix-x3LRs=s72-w640-h340-c" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-583343291909003265</id><published>2025-01-11T13:55:00.005+00:00</published><updated>2025-01-11T17:51:42.412+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics &amp; Governance"/><title type='text'>President Mahama reduces number of ministries from 30 to 23.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA-1Fr-y38Np-6JQ9RJCdOIVztTvFxNygofDoZ7Uf6B-wpXyC7n6Du-SrIVnVkkWmcq2fjneN0m48mQoUp4KjIoA0xQy8DUfEMa5I6SQbJQXVXWlYHRY7A_Xbam2C6cLAB2cDlNHuPFb2I2z5-2Uh3UEPOkCKP6pMwPyJpPAY49cqUEtZvpuUOXq-BEAc/s638/JM.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;President Mahama reduces number of ministries from 30 to 23.&quot; border=&quot;0&quot; data-original-height=&quot;330&quot; data-original-width=&quot;638&quot; height=&quot;332&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA-1Fr-y38Np-6JQ9RJCdOIVztTvFxNygofDoZ7Uf6B-wpXyC7n6Du-SrIVnVkkWmcq2fjneN0m48mQoUp4KjIoA0xQy8DUfEMa5I6SQbJQXVXWlYHRY7A_Xbam2C6cLAB2cDlNHuPFb2I2z5-2Uh3UEPOkCKP6pMwPyJpPAY49cqUEtZvpuUOXq-BEAc/w640-h332/JM.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;President John Mahama.&amp;nbsp;&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
2047.  
2048. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Mahama</a> has reduced the number of
2049. ministries from 30 to 23. In an executive instrument signed by the President,
2050. 23 ministries of the civil service have been established. <o:p></o:p></span></p>
2051.  
2052. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">This is a significant move aimed at streamlining
2053. government operations and enhancing efficiency and as part of efforts of the
2054. President and the NDC to fulfil the <a href="https://ghananews.hrforum.uk/2025/01/i-can-appoint-only-60-ministers-many-will-be-disappointed-947.html">60 ministers' cap</a>, promise.<o:p></o:p></span></p>
2055.  
2056. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2058. <script>
2059.     (adsbygoogle = window.adsbygoogle || []).push({});
2060. </script>
2061.  
2062. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Finally, this decision is part of his broader strategy
2063. to create a leaner and more effective government structure.<o:p></o:p></span></p>
2064.  
2065. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">And per the below executive instrument, the Ministries of Information, National Security, Parliamentary Affairs, Railway development, Sanitation & Water resources and Public Enterprises have been scrapped.</span></p>
2066.  
2067. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2072.  
2073. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">It is worth noting that, the Chieftaincy and Religious Affairs ministry has been merged with the Local government ministry. </span></p>
2074.  
2075. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President Mahama has also created a new ministry for Youth Development and Empowerment.</span></p>
2076.  
2077. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;"><b>Below is a copy of the Executive Instrument:</b><o:p></o:p></span></p>
2078.  
2079. <iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1CUMWh2Hu74heQXf18_65uhlKLbvXO2Tq/preview" width="640"></iframe>
2080. <iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1tkaEPlxmd9A4O6SncbwdQ6ye3_GZwBK2/preview" width="640"></iframe>
2081.  
2082. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/583343291909003265/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/president-mahama-reduces-number-of-ministries-from-30-to-23-954.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/583343291909003265'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/583343291909003265'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/president-mahama-reduces-number-of-ministries-from-30-to-23-954.html' title='President Mahama reduces number of ministries from 30 to 23.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA-1Fr-y38Np-6JQ9RJCdOIVztTvFxNygofDoZ7Uf6B-wpXyC7n6Du-SrIVnVkkWmcq2fjneN0m48mQoUp4KjIoA0xQy8DUfEMa5I6SQbJQXVXWlYHRY7A_Xbam2C6cLAB2cDlNHuPFb2I2z5-2Uh3UEPOkCKP6pMwPyJpPAY49cqUEtZvpuUOXq-BEAc/s72-w640-h332-c/JM.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-1470670160311131251</id><published>2025-01-10T18:42:00.002+00:00</published><updated>2025-01-10T18:47:48.641+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Business"/><category scheme="http://www.blogger.com/atom/ns#" term="General News"/><title type='text'>Ghana to seek more IMF support – Ato Forson.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibdRUAwT2CCfFuu__Tz5Hj0Op0x2Y-SQtHO3PoBqsHmWhCi6tYMeA1yJy81m3FXWt9ThSCJt0qvJUw9lETkxTWMIk7fgwH3Cz-uhKWYiH3SI_ZQD4mOaUuDVKGcaxmQySqMH6fQvNraZ55TvR4lKXBqQEBJNHAKoTjcEJcwjIYoi5_uZY7u2WA_EJL-mo/s750/cassiel-ato-forson-in-parliament-750x375.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Ghana to seek more IMF support – Ato Forson.&quot; border=&quot;0&quot; data-original-height=&quot;375&quot; data-original-width=&quot;750&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibdRUAwT2CCfFuu__Tz5Hj0Op0x2Y-SQtHO3PoBqsHmWhCi6tYMeA1yJy81m3FXWt9ThSCJt0qvJUw9lETkxTWMIk7fgwH3Cz-uhKWYiH3SI_ZQD4mOaUuDVKGcaxmQySqMH6fQvNraZ55TvR4lKXBqQEBJNHAKoTjcEJcwjIYoi5_uZY7u2WA_EJL-mo/w640-h320/cassiel-ato-forson-in-parliament-750x375.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Cassiel Ato Forson, Minister of Finance designate.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
2083.  
2084. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Ghana’s new government could seek extra funding from
2085. the International Monetary Fund during its current, three-year programme with
2086. the lender in order to cushion the economy, <a href="https://ghananews.hrforum.uk/2025/01/bagbin-refers-first-ministerial-nominees-to-appointments-committee-948.html">finance minister designate </a>Cassiel
2087. Ato Forson said on Thursday.<o:p></o:p></span></p>
2088.  
2089. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a>, who was sworn into
2090. office this week after beating the ruling party candidate in December’s
2091. election, picked the former minority leader in parliament to serve in the key
2092. post of finance minister.<o:p></o:p></span></p>
2093.  
2094. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“We are committed to work with the IMF, but we also
2095. want to ensure that we can raise financing; additional finance, working with
2096. IMF and other domestic, international partners,” Forson, told reporters, ahead
2097. of a meeting with an IMF team that is currently visiting Accra.<o:p></o:p></span></p>
2098.  
2099. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“The reliance on Treasury bills and others has not
2100. been very helpful,” said Forson, who also served as a deputy finance minister
2101. before.<o:p></o:p></span></p>
2102.  
2103. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2105. <script>
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2108.  
2109. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The IMF did not immediately respond to a request for
2110. comment.<o:p></o:p></span></p>
2111.  
2112. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Forson, a 46-year-old chartered accountant who holds a masters degree in taxation from Oxford and a doctorate in finance from a local
2113. university, said the new administration would also cut public spending to help
2114. lower inflation further.<o:p></o:p></span></p>
2115.  
2116. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“There is a lot of wastage in the system, and we will
2117. cut them,” he said, adding that the move will also help the government to
2118. restart domestic bond issuance by mid-year.<o:p></o:p></span></p>
2119.  
2120. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The West African gold and cocoa producer defaulted on
2121. most of its external debt in 2022, leading to a painful restructuring which is
2122. at its tail end.<o:p></o:p></span></p>
2123.  
2124. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2129.  
2130. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Mahama’s government would conclude the process by
2131. striking a deal with its non-Eurobond commercial creditors, Forson said.<o:p></o:p></span></p>
2132.  
2133. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">REVISITING
2134. IMF DEAL<o:p></o:p></span></b></p>
2135.  
2136. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The new president, who previously occupied the office
2137. in 2012-17, had pledged to renegotiate the terms of Ghana’s bailout deal with
2138. the IMF during the campaign.<o:p></o:p></span></p>
2139.  
2140. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">But market participants have taken the view he had
2141. limited room for manoeuvre and was unlikely to abandon the current IMF
2142. programme in spite of that campaign rhetoric.<o:p></o:p></span></p>
2143.  
2144. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2149.  
2150. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">His promise mirrored those of other reformist
2151. candidates elected into office in emerging markets last year, including Sri
2152. Lanka’s Anura Kumara Dissanayake, who rode on a promise of reconsidering the
2153. terms of an IMF programme and debt restructuring.<o:p></o:p></span></p>
2154.  
2155. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Mahama has pledged to swiftly assemble a government
2156. able to rapidly address growing discontent by boosting the economy and creating
2157. jobs.<o:p></o:p></span></p>
2158.  
2159. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">He also picked John Abdulai Jinapor to serve as energy
2160. minister and Dominic Akuritinga Ayine to the post of attorney general and
2161. justice minister, the presidency said on Thursday.<o:p></o:p></span></p>
2162.  
2163. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The new government has inherited an economy emerging
2164. from its worst crisis in a generation. Ministerial nominees have to be approved by Parliament, where Mahama’s National
2165. Democratic Congress (NDC) party holds a two-thirds majority.<o:p></o:p></span></p>
2166.  
2167. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2172.  
2173. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Forson pledged to overhaul the management of the
2174. crucial cocoa sector, which has been facing challenges in recent years.<o:p></o:p></span></p>
2175.  
2176. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“We need to look at the issues of funding, diseased
2177. crops and production very well. The whole sector needs an overhaul,” he said.<o:p></o:p></span></p>
2178.  
2179. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Forson was charged in connection with the loss of
2180. public funds through an ambulance supply deal when he was deputy finance
2181. minister, before being acquitted by the courts.<o:p></o:p></span></p>
2182.  
2183. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/1470670160311131251/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/ghana-to-seek-more-imf-support-ato-forson-953.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1470670160311131251'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1470670160311131251'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/ghana-to-seek-more-imf-support-ato-forson-953.html' title='Ghana to seek more IMF support – Ato Forson.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibdRUAwT2CCfFuu__Tz5Hj0Op0x2Y-SQtHO3PoBqsHmWhCi6tYMeA1yJy81m3FXWt9ThSCJt0qvJUw9lETkxTWMIk7fgwH3Cz-uhKWYiH3SI_ZQD4mOaUuDVKGcaxmQySqMH6fQvNraZ55TvR4lKXBqQEBJNHAKoTjcEJcwjIYoi5_uZY7u2WA_EJL-mo/s72-w640-h320-c/cassiel-ato-forson-in-parliament-750x375.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-7943179518655266452</id><published>2025-01-10T17:55:00.001+00:00</published><updated>2025-01-10T17:55:26.903+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="General News"/><title type='text'>Investigate 2020, 2024 electoral killings – Mahama directs IGP.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhOx8mqUkB_enKJp0B9OkjDHmBz-BTo0u602CQN0Ej6JJ-4qh_N2xFBA3dcQBlWMsOXm-cVIfRcaRMUpH8Nv1QNRX1ck4fW_rZ6uF1DaewQ8cEYIEOaIOQ_Du5XkDA408rlsuE2-rcDK_BJ5rr4at-cBuQb1YLFeQ1dXaz7Ogt-LyQpACvjfmOnEFSQLY/s300/72349608.295.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Investigate 2020, 2024 electoral killings – Mahama directs IGP.&quot; border=&quot;0&quot; data-original-height=&quot;200&quot; data-original-width=&quot;300&quot; height=&quot;331&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhOx8mqUkB_enKJp0B9OkjDHmBz-BTo0u602CQN0Ej6JJ-4qh_N2xFBA3dcQBlWMsOXm-cVIfRcaRMUpH8Nv1QNRX1ck4fW_rZ6uF1DaewQ8cEYIEOaIOQ_Du5XkDA408rlsuE2-rcDK_BJ5rr4at-cBuQb1YLFeQ1dXaz7Ogt-LyQpACvjfmOnEFSQLY/w640-h331/72349608.295.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Dr George Akuffo Dampare (Left) and&amp;nbsp;President John Dramani Mahama (Right).&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
2184.  
2185. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> has called on the
2186. Inspector General of Police (IGP), Dr George Akuffo Dampare, to immediately
2187. initiate investigations into the deaths of eight Ghanaians during the 2020 and
2188. 2024 general elections.<o:p></o:p></span></p>
2189.  
2190. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">In a statement issued on January 10, the President’s
2191. Executive Secretary, Calistus Mahama, stressed the importance of ensuring
2192. justice is served in order to uphold accountability.<o:p></o:p></span></p>
2193.  
2194. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“I have been instructed by H.E. John Mahama, to
2195. formally request your office to initiate immediate investigations into the
2196. tragic deaths of Ghanaian citizens during the 2020/24 general elections. These
2197. incidents, which occurred in various parts of the country, have left a lasting
2198. scar on our democratic process, and it is imperative that justice is served for
2199. the victims and their families.”<o:p></o:p></span></p>
2200.  
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2205. </script>
2206.  
2207. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Additionally, the President requested the IGP to
2208. establish a dedicated Investigative Taskforce with the Criminal Investigative Department (CID)
2209. to focus solely on these killings.<o:p></o:p></span></p>
2210.  
2211. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Mr Mahama also asked the IGP to investigate the role
2212. and actions of security personnel deployed at the affected polling stations to
2213. determine their involvement or oversight.<o:p></o:p></span></p>
2214.  
2215. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“To ensure the investigations are comprehensive and
2216. transparent, we respectfully propose the following: 1. Establishment of a
2217. Dedicated Investigative Taskforce: Form a special taskforce within the CID to
2218. focus solely on these cases, ensuring undivided attention and efficient
2219. handling of this matter.<o:p></o:p></span></p>
2220.  
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2225. </script>
2226.  
2227. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“2. Collaboration with Witnesses and Families: Conduct
2228. thorough interviews with eyewitnesses, victims’ families, and other relevant
2229. individuals who may provide crucial information.<o:p></o:p></span></p>
2230.  
2231. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“3. Review of Electoral Security Arrangements:
2232. Investigate the role and actions of security personnel deployed at the affected
2233. polling stations to determine their involvement or oversight.<o:p></o:p></span></p>
2234.  
2235. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“4. Use of Forensic Evidence: Employ advanced forensic
2236. techniques to analyze any physical evidence from the crime scenes, including
2237. bullet casings, weaponry, and other materials.”<o:p></o:p></span></p>
2238.  
2239. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;"><b>Full Statement below:</b></span></p>
2240.  
2241. <iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1CUaDuU7fVU8eskiNdZPBzzzkX7aiscnH/preview" width="640"></iframe>
2242. <iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1CF2w_P9iDpOyNHZgXOVQ4mFe6_LRw-3O/preview" width="640"></iframe>
2243.  
2244. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
2245.  
2246. <div class="blog-post hentry index-post">
2247. <div class="post-image-wrap">
2248. <a class="post-image-link" href="https://ghananews.hrforum.uk/2025/01/otumfuo-sensed-mahamas-election-2024-victory-951.html">
2249. <img alt="Otumfuo sensed Mahama’s election 2024 victory – Ex minister." class="post-thumb" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRuWRnEAASeyRvZjqMWNqBrrob0Nz_6eHg-JF7zfWQTxYotKvfuF2RNj99K7YOiu4fDepDQY7o1jVaurcOzYOtphtemLq9YjcMNmsCtqwITs8lRpoA2fvd7OJm5eWatXqiTulz_bw3vDnQuk5vtKuPHzw5FxsZJd54jkCXb3hZtTMLEeEtytcn3fp62tA/w72-h72-p-k-no-nu/98279663.295.jpg" />
2250. </a>
2251. <span class="post-tag index-post-tag">
2252. Politics & Governance
2253. </span>
2254. </div>
2255. <div class="post-info">
2256. <h2 class="post-title">
2257. <a href="https://ghananews.hrforum.uk/2025/01/otumfuo-sensed-mahamas-election-2024-victory-951.html">Otumfuo sensed Mahama’s election 2024 victory – Ex minister.</a>
2258. </h2>
2259. <div class="post-meta">
2260. <span class="post-author"><a href="https://www.blogger.com/profile/17830849078098433822" target="_blank" title="HR Forum Media">HR Forum Media</a></span>
2261. <span class="post-date published" datetime="2025-01-10T14:43:00Z">January 10, 2025</span>
2262. </div>
2263. <p class="post-snippet">Otumfuo Osei Tutu II (Left) and John Dramani Mahama (Right).   Former Ashanti Regional minister, Samuel Sarpong, has revealed that prior to the 2024 …</p>
2264. <a class="read-more" href="https://ghananews.hrforum.uk/2025/01/otumfuo-sensed-mahamas-election-2024-victory-951.html">Read more</a>
2265. </div>
2266. </div>
2267.  
2268. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/7943179518655266452/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/investigate-2020-2024-electoral-killings-mahama-directs-igp-952.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7943179518655266452'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7943179518655266452'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/investigate-2020-2024-electoral-killings-mahama-directs-igp-952.html' title='Investigate 2020, 2024 electoral killings – Mahama directs IGP.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhOx8mqUkB_enKJp0B9OkjDHmBz-BTo0u602CQN0Ej6JJ-4qh_N2xFBA3dcQBlWMsOXm-cVIfRcaRMUpH8Nv1QNRX1ck4fW_rZ6uF1DaewQ8cEYIEOaIOQ_Du5XkDA408rlsuE2-rcDK_BJ5rr4at-cBuQb1YLFeQ1dXaz7Ogt-LyQpACvjfmOnEFSQLY/s72-w640-h331-c/72349608.295.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-8050923960992082251</id><published>2025-01-10T14:43:00.000+00:00</published><updated>2025-01-10T14:43:13.448+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics &amp; Governance"/><title type='text'>Otumfuo sensed Mahama’s election 2024 victory – Ex minister.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRuWRnEAASeyRvZjqMWNqBrrob0Nz_6eHg-JF7zfWQTxYotKvfuF2RNj99K7YOiu4fDepDQY7o1jVaurcOzYOtphtemLq9YjcMNmsCtqwITs8lRpoA2fvd7OJm5eWatXqiTulz_bw3vDnQuk5vtKuPHzw5FxsZJd54jkCXb3hZtTMLEeEtytcn3fp62tA/s300/98279663.295.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Otumfuo sensed Mahama’s election 2024 victory – Ex minister.&quot; border=&quot;0&quot; data-original-height=&quot;200&quot; data-original-width=&quot;300&quot; height=&quot;360&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRuWRnEAASeyRvZjqMWNqBrrob0Nz_6eHg-JF7zfWQTxYotKvfuF2RNj99K7YOiu4fDepDQY7o1jVaurcOzYOtphtemLq9YjcMNmsCtqwITs8lRpoA2fvd7OJm5eWatXqiTulz_bw3vDnQuk5vtKuPHzw5FxsZJd54jkCXb3hZtTMLEeEtytcn3fp62tA/w640-h360/98279663.295.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;Otumfuo Osei Tutu II (Left) and John Dramani Mahama (Right).&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
2269.  
2270. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Former Ashanti Regional minister, Samuel Sarpong, has
2271. revealed that prior to the 2024 general elections, Otumfuo Osei Tutu II, the
2272. Asantehene, offered President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-john-dramani-mahama-582.html">John Dramani Mahama</a> a book containing the
2273. developmental agenda of the Ashanti region to guide him in his administration.</span></p>
2274.  
2275. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">According to Sarpong, the manifesto was presented when
2276. Mahama paid a courtesy call on the Asantehene during his campaign period.<o:p></o:p></span></p>
2277.  
2278. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Sarpong explained that Otumfuo had high hopes for
2279. Mahama winning the elections, hence the book was given to him to prepare ahead
2280. in terms of how he would develop the region.<o:p></o:p></span></p>
2281.  
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2287.  
2288. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">He also added that Mahama would prioritize all
2289. projects in the Ashanti region that the outgoing government under former
2290. President <a href="https://ghananews.hrforum.uk/2022/09/the-profile-of-nana-addo-dankwa-akufo-addo-583.html">Nana Addo Dankwa Akufo-Addo</a> could not complete.<o:p></o:p></span></p>
2291.  
2292. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Speaking in an interview with Oyerepa TV on January 7,
2293. 2024, he stated, “President Mahama has Asanteman in his heart. If you look at
2294. how Ashantis voted for him, it means that he has to also reward us in all ways
2295. that he can.<o:p></o:p></span></p>
2296.  
2297. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“But even before that, when he came to Kumasi to greet
2298. Otumfuo, Otumfuo gave him a certain book which contains the vision of
2299. Asanteman, like the manifesto of Ashanti. Because he believed in Mahama winning
2300. the election, he gave him the book to guide him on how to develop the Ashanti
2301. region.<o:p></o:p></span></p>
2302.  
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2308.  
2309. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">“So, he accepted the book and assured him that he will
2310. make sure Ashanti develops and all projects that the NPP couldn’t complete, he
2311. will do so and begin new ones.”<o:p></o:p></span></p>
2312.  
2313. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/8050923960992082251/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/otumfuo-sensed-mahamas-election-2024-victory-951.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8050923960992082251'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/8050923960992082251'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/otumfuo-sensed-mahamas-election-2024-victory-951.html' title='Otumfuo sensed Mahama’s election 2024 victory – Ex minister.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRuWRnEAASeyRvZjqMWNqBrrob0Nz_6eHg-JF7zfWQTxYotKvfuF2RNj99K7YOiu4fDepDQY7o1jVaurcOzYOtphtemLq9YjcMNmsCtqwITs8lRpoA2fvd7OJm5eWatXqiTulz_bw3vDnQuk5vtKuPHzw5FxsZJd54jkCXb3hZtTMLEeEtytcn3fp62tA/s72-w640-h360-c/98279663.295.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-1785147276063664138</id><published>2025-01-09T14:45:00.000+00:00</published><updated>2025-01-09T14:45:30.105+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Business"/><category scheme="http://www.blogger.com/atom/ns#" term="General News"/><title type='text'>WAPCo delays pipeline maintenance to prevent power crisis.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizgDBNmQRJ_8TZzI6-TfjZ6y7LUgtE3_QA1-4jY_9aypQak-acLiFA1gQ35QEqkZJbadxfyXUICvSqlSdIGyfsq2JJhu-irdAnvFWJshJUAblm73xh4_oWp1Gh3RNoBxjB7mUBzXkf67zRk7caPGBpCjx08s_QMGnSAVtGA0ItGRL0arNtpU0gWtIBQmw/s750/tech-committee-750x375.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;WAPCo delays pipeline maintenance to prevent power crisis.&quot; border=&quot;0&quot; data-original-height=&quot;375&quot; data-original-width=&quot;750&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizgDBNmQRJ_8TZzI6-TfjZ6y7LUgtE3_QA1-4jY_9aypQak-acLiFA1gQ35QEqkZJbadxfyXUICvSqlSdIGyfsq2JJhu-irdAnvFWJshJUAblm73xh4_oWp1Gh3RNoBxjB7mUBzXkf67zRk7caPGBpCjx08s_QMGnSAVtGA0ItGRL0arNtpU0gWtIBQmw/w640-h320/tech-committee-750x375.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;WAPCo delays pipeline maintenance to prevent power crisis.&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
2314.  
2315. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The West African Gas Pipeline Company (WAPCo) has
2316. agreed to postpone its planned pipeline maintenance by two weeks, averting an
2317. imminent power crisis in Ghana.<o:p></o:p></span></p>
2318.  
2319. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">This decision comes after intense negotiations led by
2320. a technical committee established by Chief of Staff Julius Debrah to tackle the
2321. looming energy challenge.<o:p></o:p></span></p>
2322.  
2323. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The maintenance, initially scheduled to commence this
2324. week, was flagged by the Ghana Grid Company (GRIDCo) as a significant threat to
2325. the country’s electricity supply.<o:p></o:p></span></p>
2326.  
2327. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">GRIDCo warned that ongoing fuel shortages for thermal
2328. plants, combined with the disruption in gas supply from the pipeline, would
2329. severely cripple Ghana’s power generation capacity.<o:p></o:p></span></p>
2330.  
2331. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2336.  
2337. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">At a high-level meeting involving WAPCo
2338. representatives, GRIDCo officials, and the technical committee, the
2339. stakeholders deliberated on the potential impact of the maintenance on the
2340. national grid. Concerns were raised about the possible reintroduction of power
2341. outages, which could disrupt businesses and households across the country.<o:p></o:p></span></p>
2342.  
2343. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Following the discussions, WAPCo agreed to delay the
2344. maintenance to allow authorities more time to secure alternative fuel supplies
2345. and stabilize electricity generation.<o:p></o:p></span></p>
2346.  
2347. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;"><b>Background on the Maintenance and Fuel Crisis</b><o:p></o:p></span></p>
2348.  
2349. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">WAPCo’s pipeline plays a vital role in transporting
2350. natural gas from Nigeria to Ghana, Togo, and Benin. The scheduled maintenance
2351. is crucial for the pipeline’s safety and efficiency.<o:p></o:p></span></p>
2352.  
2353. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">However, Ghana’s reliance on gas for powering its
2354. thermal plants means any disruption can have severe implications for electricity
2355. supply.<o:p></o:p></span></p>
2356.  
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2359. <script>
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2361. </script>
2362.  
2363. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Additionally, the country is currently grappling with
2364. a fuel supply deficit, which has further strained the power sector. Efforts are
2365. underway to import additional light crude oil and liquefied natural gas (LNG)
2366. to mitigate the impact of the gas supply shortfall.<o:p></o:p></span></p>
2367.  
2368. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The government and relevant stakeholders are working
2369. to expedite fuel imports and finalize contingency plans to maintain power
2370. supply during the eventual maintenance period.<o:p></o:p></span></p>
2371.  
2372. <p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
2373.  
2374. <div class="blog-post hentry index-post">
2375. <div class="post-image-wrap">
2376. <a class="post-image-link" href="https://ghananews.hrforum.uk/2025/01/ghana-ranks-second-in-global-imf-poverty-loans-949.html">
2377. <img alt="Ghana ranks second in global IMF poverty loans." class="post-thumb" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4FrfRNEMdsa-7UiGVPT4N980a6LfD9NLtuVBHYy9ul7TQn9olIOzYCMB7NeIzlJc5IcRotByTJbACBXiuC1-4Ln3UXwowcLxOerxMetp7hY9OtCclA-jgmW0dIfidiyjeIx-FUb3E0EgZY0cWmCA6iWxkeZeHxUYyA9GwnwRUNTSB4QXQRInos_6rqWA/w72-h72-p-k-no-nu/IMF-Jpeg-750x375.jpg" />
2378. </a>
2379. <span class="post-tag index-post-tag">
2380. Business
2381. </span>
2382. </div>
2383. <div class="post-info">
2384. <h2 class="post-title">
2385. <a href="https://ghananews.hrforum.uk/2025/01/ghana-ranks-second-in-global-imf-poverty-loans-949.html">Ghana ranks second in global IMF poverty loans.</a>
2386. </h2>
2387. <div class="post-meta">
2388. <span class="post-author"><a href="https://www.blogger.com/profile/17830849078098433822" target="_blank" title="HR Forum Media">HR Forum Media</a></span>
2389. <span class="post-date published" datetime="2025-01-09T14:25:00Z">January 09, 2025</span>
2390. </div>
2391. <p class="post-snippet">The International Monetary Fund (IMF)   Ghana ranks as the world’s second country indebted under the International Monetary Fund (IMF) Concessional L…</p>
2392. <a class="read-more" href="https://ghananews.hrforum.uk/2025/01/ghana-ranks-second-in-global-imf-poverty-loans-949.html">Read more</a>
2393. </div>
2394. </div>
2395.  
2396. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/1785147276063664138/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/wapco-delays-pipeline-maintenance-to-prevent-power-crisis-950.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1785147276063664138'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/1785147276063664138'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/wapco-delays-pipeline-maintenance-to-prevent-power-crisis-950.html' title='WAPCo delays pipeline maintenance to prevent power crisis.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizgDBNmQRJ_8TZzI6-TfjZ6y7LUgtE3_QA1-4jY_9aypQak-acLiFA1gQ35QEqkZJbadxfyXUICvSqlSdIGyfsq2JJhu-irdAnvFWJshJUAblm73xh4_oWp1Gh3RNoBxjB7mUBzXkf67zRk7caPGBpCjx08s_QMGnSAVtGA0ItGRL0arNtpU0gWtIBQmw/s72-w640-h320-c/tech-committee-750x375.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-7335461941038437713</id><published>2025-01-09T14:25:00.000+00:00</published><updated>2025-01-09T14:25:31.587+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Business"/><title type='text'>Ghana ranks second in global IMF poverty loans.</title><content type='html'>&lt;p&gt;&lt;/p&gt;&lt;table align=&quot;center&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; class=&quot;tr-caption-container&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4FrfRNEMdsa-7UiGVPT4N980a6LfD9NLtuVBHYy9ul7TQn9olIOzYCMB7NeIzlJc5IcRotByTJbACBXiuC1-4Ln3UXwowcLxOerxMetp7hY9OtCclA-jgmW0dIfidiyjeIx-FUb3E0EgZY0cWmCA6iWxkeZeHxUYyA9GwnwRUNTSB4QXQRInos_6rqWA/s750/IMF-Jpeg-750x375.jpg&quot; style=&quot;margin-left: auto; margin-right: auto;&quot;&gt;&lt;img alt=&quot;Ghana ranks second in global IMF poverty loans.&quot; border=&quot;0&quot; data-original-height=&quot;375&quot; data-original-width=&quot;750&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4FrfRNEMdsa-7UiGVPT4N980a6LfD9NLtuVBHYy9ul7TQn9olIOzYCMB7NeIzlJc5IcRotByTJbACBXiuC1-4Ln3UXwowcLxOerxMetp7hY9OtCclA-jgmW0dIfidiyjeIx-FUb3E0EgZY0cWmCA6iWxkeZeHxUYyA9GwnwRUNTSB4QXQRInos_6rqWA/w640-h320/IMF-Jpeg-750x375.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class=&quot;tr-caption&quot; style=&quot;text-align: left;&quot;&gt;&lt;b&gt;&lt;i&gt;The International Monetary Fund (IMF)&lt;/i&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;p&gt;&lt;/p&gt;
2397.  
2398. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Ghana ranks as the world’s second country indebted
2399. under the International Monetary Fund (IMF) Concessional Lending and Debt
2400. Relief Trust.<o:p></o:p></span></p>
2401.  
2402. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The country holds an outstanding exposure of 2.242
2403. billion Special Drawing Rights (SDR) representing 17% of the total borrowings
2404. from the IMF.<o:p></o:p></span></p>
2405.  
2406. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">This is captured in the IMF’s latest financial
2407. statements and quarterly reports ending October 31, 2024.<o:p></o:p></span></p>
2408.  
2409. <script async="" crossorigin="anonymous" src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7951234674785249"></script>
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2414.  
2415. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Specifically, the facility classified under
2416. concessional lending is offered at low interest rates, with the Poverty
2417. Reduction and Growth Trust (PRGT) providing financial support to low-income
2418. countries on favourable terms within one to three years.<o:p></o:p></span></p>
2419.  
2420. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Ethiopia emerged first with an IMF debt of 2.256
2421. billion SDR, while Zambia placed third with an SDR indebtedness of 1.272
2422. billion.<o:p></o:p></span></p>
2423.  
2424. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Following in fourth and fifth positions were Kenya and
2425. Ivory Coast, respectively. The remaining SDR (44 %) were owed to the IMF by
2426. other countries.<o:p></o:p></span></p>
2427.  
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2433.  
2434. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">In terms of regional breakdown of the outstanding
2435. poverty loans, Africa held a chunk amounting to 78% percent.<o:p></o:p></span></p>
2436.  
2437. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">The least regional receiver was Europe. It accounted
2438. for only one percent.<o:p></o:p></span></p>
2439.  
2440. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Ghana along with Zambia, has defaulted on its debt
2441. obligations compelling both countries to seek financial assistance from the
2442. Fund.<o:p></o:p></span></p>
2443.  
2444. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">In particular, Ghana in 2023 turned to the IMF for
2445. economic assistance amid severe financial challenges.<o:p></o:p></span></p>
2446.  
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2452.  
2453. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">A $3 billion bailout was approved under the IMF
2454. Extended Credit Facility (ECF) to help stabilize the economy.<o:p></o:p></span></p>
2455.  
2456. <p class="MsoNormal"><span lang="en-GH" style="font-family: "Work Sans"; font-size: 12pt; line-height: 107%;">Ghana has so far received $1.92 billion from the
2457. program with the outstanding tranches expected in the coming months.<o:p></o:p></span></p>
2458.  
2459. &lt;p class=&quot;MsoNormal&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-family: &amp;quot;Work Sans&amp;quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;&quot;&gt;Source: &lt;a href=&quot;http://hrforum.uk&quot;&gt;HR Forum News&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;div class=&quot;blogger-post-footer&quot;&gt;Copyright © 2020-2025 HR Forum News. All rights reserved.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/7335461941038437713/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/ghana-ranks-second-in-global-imf-poverty-loans-949.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7335461941038437713'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/7335461941038437713'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/ghana-ranks-second-in-global-imf-poverty-loans-949.html' title='Ghana ranks second in global IMF poverty loans.'/><author><name>HR Forum Media</name><uri>http://www.blogger.com/profile/17830849078098433822</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='30' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyW-lm4hIrn_nRVMi7YVBb4zDl-PEgde9jdOrHqXo9RmLbYZeBaQVRHp7K-oQp3ryFkmGfS_a8Uh7TegDOCmcAmXfRj64PszE9zbPAKuKppgsRGASReStNVMAXPjzjLI4/s113/HR+Forum+Logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4FrfRNEMdsa-7UiGVPT4N980a6LfD9NLtuVBHYy9ul7TQn9olIOzYCMB7NeIzlJc5IcRotByTJbACBXiuC1-4Ln3UXwowcLxOerxMetp7hY9OtCclA-jgmW0dIfidiyjeIx-FUb3E0EgZY0cWmCA6iWxkeZeHxUYyA9GwnwRUNTSB4QXQRInos_6rqWA/s72-w640-h320-c/IMF-Jpeg-750x375.jpg" height="72" width="72"/><thr:total>0</thr:total></entry></feed>

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