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seizure at all entry and exit points in Ghana.</span><o:p></o ...
<?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>2025-07-01T15:05:17.292+00:00</updated><category term="Politics & 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&max-results=25&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>971</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><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'><p><span style="font-family: arial; font-size: 11pt;"><b>CASE:</b></span></p><p><span style="font-family: arial; font-size: 11pt;">Diskonto operates deep-discount stores in
Estonia offering housewares, cleaning supplies, clothing, health and beauty
aids, and packaged food, with most items selling for a very low price. Its
business model calls for keeping costs as low as possible. The company has no
automated method for keeping track of inventory at each store. Managers know
approximately how many cases of a particular product the store is supposed to
receive when a delivery truck arrives, but the stores lack technology for
scanning the cases or verifying the item count inside the cases. Merchandise
losses from theft or other mishaps have been rising and now represent more than
3 percent of total sales.</span></p>
<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>
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</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
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>
<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
investing in an information system solution?<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family: arial;"><span face="&quot;Arial&quot;,sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;">An information system is a set of interrelated
components that work together to collect, process, store, and distribute
information to support decision-making, coordination, and control in an
organization (Laudon &amp; Laudon, 2017). According to Alter (2013), an
information system can be viewed as a work system that captures, transmits,
stores, retrieves, manipulates, and displays information, thereby facilitating
organizational activities.</span><span face="&quot;Arial&quot;,sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;"><o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Before investing in an information
system solution to address the rising merchandise losses and inventory
management challenges, Diskonto needs to make several critical decisions.
Firstly, the company must clearly define the objectives and scope of the proposed
information system. According to the case, the primary goal would be to reduce
merchandise losses, which currently stand at over 3 percent of total sales, by
implementing a more accurate and efficient inventory tracking system (Diskonto
case). This would involve identifying the specific areas of the business that
the system needs to address, such as inventory management, stock tracking, and
loss prevention.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Another crucial decision is the
selection of the appropriate technology for the information system. Given
Diskonto's business model, which emphasizes keeping costs as low as possible,
the company would need to weigh the costs and benefits of different technologies,
such as barcode scanning, RFID tagging, or other inventory tracking solutions
(Laudon &amp; Laudon, 2017). The chosen technology should not only be effective
in reducing losses but also align with the company's cost-saving objectives.<o:p></o:p></span></p>
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</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
on the level of automation required for the system. For instance, would the
company implement a fully automated system where inventory is tracked in
real-time, or a semi-automated system where employees periodically scan or
count inventory? This decision would depend on the company's specific needs,
the complexity of its inventory, and the potential return on investment.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Furthermore, the company would need
to consider the integration of the new information system with existing
business processes and systems. This includes determining how the system would
interface with current accounting, purchasing, and sales systems to ensure
seamless data flow and minimize disruptions (Alter, 2013). Diskonto would also
need to assess the potential impact on employee workflows and decide on any
necessary changes to business processes to maximize the benefits of the new
system.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Finally, Diskonto would need to
evaluate the total cost of ownership of the proposed information system,
including not only the initial investment in hardware and software but also
ongoing costs such as maintenance, support, and training (Bocij et al., 2018).
The company would need to determine whether the expected reduction in
merchandise losses and potential improvements in operational efficiency would
justify the investment in the information system.<o:p></o:p></span></p>
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</span><p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">By carefully considering these
decisions, Diskonto can ensure that any investment in an information system
solution is strategic, cost-effective, and aligned with its business
objectives.<o:p></o:p></span></p>
<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>
<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>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Alter, S. (2013). Work system
theory: Overview of core concepts, extensions, and digital work system cases.
Springer.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Bocij, P., Greasley, A., &amp;
Hickie, S. (2018). Business information systems: Technology, development and
management for the e-business. Routledge.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Laudon, K. C., &amp; Laudon, J. P.
(2017). Management information systems: Managing the digital firm. Pearson
Education.<o:p></o:p></span></p>
<p class="MsoNormal"><b><span face="&quot;Arial&quot;,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>
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</script><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p class="MsoNormal"><b><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">CASE:<o:p></o:p></span></b></p><p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Magical Toys is a South African toy store
chain. The toys are sold in their five stores and from their own web shop. Each
Tuesday, management needs sales reports from last week’s activities. Work at
the stores is hectic, so usually at least one store fails to deliver the
report, making it impossible to sum up the previous week’s sales. The reports,
sent by email as spreadsheets, sometimes have inconclusive or erroneous data,
and following up means that employees are unable to give their full focus to
the customers. Some errors in the spreadsheets may also cause the purchasing
manager to place unnecessary purchase orders. <o:p></o:p></span></p>
<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
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
what issues can an information system not solve?</span></li></ul>
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<div><span face="Arial, sans-serif"><span style="font-family: arial; font-size: 14.6667px;"><b>Solutions:</b></span></span></div><p></p><p>
</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
issues that Magical Toys faces in the absence of an information system?<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Magical Toys, operating across five
physical stores and an online platform, faces several operational
inefficiencies due to its reliance on manual reporting. The primary issue is
the lack of timely and complete sales data. Each Tuesday, management depends on
individual store reports, but frequently, at least one store fails to deliver
its spreadsheet, preventing a consolidated view of weekly sales. This leads to data
gaps and delays in decision-making (Laudon &amp; Laudon, 2020).<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: arial;"><span face="&quot;Arial&quot;,sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Another major problem lies in the quality
of data. Reports are sent via email in spreadsheet format, often containing
errors or inconclusive figures. These inaccuracies demand time-consuming
follow-ups, pulling employees away from customer service responsibilities and
increasing the risk of human error. One notable consequence is the impact on
inventory decisions. Because the purchasing manager relies on flawed data,
there is a real risk of generating unnecessary purchase orders, leading to
either excess inventory or unmet demand</span><span face="&quot;Arial&quot;,sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;">, </span><span face="&quot;Arial&quot;,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>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Furthermore, the manual
consolidation of reports under pressure contributes to employee stress and
undermines overall efficiency. This chaotic reporting structure reflects the
classic pitfalls of not adopting a centralized system, where siloed data and inconsistent
procedures weaken operational control and responsiveness (O’Brien &amp;
Marakas, 2011).<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">2. How could an
information system be of help, and what issues can an information system not
solve?<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family: arial;"><span face="&quot;Arial&quot;,sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">An integrated information system
could significantly improve Magical Toys’ operations by automating and
centralizing its sales reporting. For example, with a real-time point-of-sale
(POS) system linked to a centralized database, sales data from all five stores
and the </span><span face="&quot;Arial&quot;,sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;">web shop</span><span face="&quot;Arial&quot;,sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;"> could
be automatically updated and accessible to management without relying on manual
submissions. This would eliminate delays and inconsistencies, providing
accurate, timely insights (Stair &amp; Reynolds, 2021).<o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">Additionally, such a system could
enhance inventory management. By tracking stock levels and customer purchasing
trends, the system could support the purchasing manager with precise reorder
recommendations, thereby avoiding overstocking or shortages. Integration with
enterprise resource planning (ERP) software would further ensure consistency
between sales, inventory, and procurement functions, fostering better alignment
across the company (Turban et al., 2018).<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: arial;"><span face="&quot;Arial&quot;,sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">However, it's important to
recognize the limitations of an information system. While it can streamline
processes and improve data accuracy, it cannot rectify behavioral or cultural
issues. For instance, if staff are inadequately trained or resistant to
adopting new systems, data quality may still suffer. Moreover, systemic
problems such as poor staffing levels or an overwhelming work environment
cannot be solved by technology alone. Effective implementation requires strong
leadership, staff engagement, and ongoing support</span><span face="&quot;Arial&quot;,sans-serif" style="font-size: 11pt; line-height: 115%;"> </span><span face="&quot;Arial&quot;,sans-serif" style="font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">factors that lie outside the system’s technical
capabilities (Laudon &amp; Laudon, 2020).<o:p></o:p></span></span></p>
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<p class="MsoNormal"><span style="font-family: arial; font-size: 11pt; line-height: 115%; mso-ansi-language: #2000;">In conclusion, Magical Toys faces
critical operational challenges stemming from its manual, decentralized
reporting practices. An information system could substantially address these
issues by automating data collection and enhancing coordination across business
functions. Nonetheless, achieving full benefits from such a system depends on
the organization’s willingness to invest in change management, training, and a
supportive work culture.</span><span face="&quot;Arial&quot;,sans-serif" lang="EN-GB" style="font-size: 11pt; line-height: 115%;"><o:p></o:p></span></p>
<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>
<p class="MsoNormal"><b><span face="&quot;Arial&quot;,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>
<p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Laudon, K. C., &amp; Laudon, J. P. (2020). Management
Information Systems: Managing the Digital Firm (16th ed.). Pearson. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Turban, E., Volonino, L., &amp; Wood, G.
(2018). Information Technology for Management: On-Demand Strategies for
Performance, Growth and Sustainability (11th ed.). Wiley. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">Stair, R., &amp; Reynolds, G. (2021). Principles
of Information Systems (13th ed.). Cengage Learning. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-family: arial; font-size: 11pt; line-height: 115%;">O’Brien, J. A., &amp; Marakas, G. M. (2011). Management
Information Systems (10th ed.). McGraw-Hill Education.<o:p></o:p></span></p>
<p class="MsoNormal"><b><span face="&quot;Arial&quot;,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>
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</script><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p><span style="font-family: arial;"><b style="text-align: justify;"><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-size: 11pt;">CASE:</span></b><span face="Arial, sans-serif" style="font-size: 11pt; text-align: justify;">&nbsp;</span></span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">GOIL,
a state-owned petroleum company, competes with foreign brands like Shell and
TotalEnergies. Fluctuating fuel prices, government policies, and the push for
renewable energy present challenges.</span></p>
<p class="MsoNormal"></p><ul style="text-align: left;"><li><b><span face="&quot;Arial&quot;,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
multinational fuel companies?</span></b></li><li><b><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">Should GOIL invest in renewable energy solutions? why or
why not?</span></b></li><li><b><span face="&quot;Arial&quot;,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
adopt in response to global oil price changes?</span></b></li><li><b><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">How can GOIL improve its service delivery to enhance
customer loyalty?</span></b></li></ul><p></p>
<p class="MsoNormal"><b><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">SOLUTION:</span></b></p>
<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>
<p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="background: white; font-family: arial; font-size: 11pt;">The
petroleum industry is a highly competitive and dynamic sector, characterized by
fluctuating fuel prices, changing government policies, and the growing push for
renewable energy. In Ghana, the state-owned petroleum company, GOIL, faces
intense competition from multinational fuel companies such as Shell and
TotalEnergies. To remain relevant and competitive, GOIL must adopt strategies
that address the challenges posed by the ever-changing petroleum landscape.</span></p>
<p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="background: white; font-family: arial; font-size: 11pt;">According
to Kumar, Singh, and Kumar (2017), companies operating in the petroleum sector
must be adaptable and responsive to changes in the market. This requires a deep
understanding of the factors that influence the industry, including global oil
price changes, government policies, and shifting consumer preferences.</span></p>
<p class="MsoNormal" style="background: white;"><span face="Arial, sans-serif" lang="en-GH" style="background: white; font-family: arial; font-size: 11pt;">In
this essay, we will explore the strategies that GOIL can adopt to remain
competitive against multinational fuel companies. We will examine the question
of whether GOIL should invest in renewable energy solutions, and discuss the
pricing strategies that the company can adopt in response to global oil price
changes. Finally, we will consider how GOIL can improve its service delivery to
enhance customer loyalty.</span></p>
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</span><p class="MsoNormal" style="background: white;"><b><span face="&quot;Arial&quot;,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
remain competitive against multinational fuel companies?</span></b></p>
<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
multinational fuel companies, GOIL must adopt strategies that address the
challenges posed by fluctuating fuel prices, government policies, and the push
for renewable energy. One approach is to diversify its operations and invest in
renewable energy sources, such as solar and biofuels. This would enable GOIL to
reduce its dependence on fossil fuels and capitalize on the growing demand for
cleaner energy.</span></p>
<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
improving operational efficiency and reducing costs. GOIL can achieve this by
investing in digital technologies, such as artificial intelligence and
blockchain, to optimize its supply chain and logistics (Makarov &amp; Sokolov,
2020). Additionally, GOIL can explore opportunities for partnerships and
collaborations with other companies to share resources and expertise (Kolk
&amp; Pinkse, 2020).</span></p>
<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
customer satisfaction and loyalty by offering high-quality products and
services. This can be achieved by investing in staff training and development,
as well as implementing customer-centric strategies, such as loyalty programs
and rewards (Hallowell, 2018). By building strong relationships with its
customers, GOIL can differentiate itself from its competitors and maintain a
loyal customer base.</span></p>
<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
must engage with policymakers and regulatory bodies to ensure that its
interests are represented. This can involve participating in industry
associations and advocacy groups, as well as providing input on policy
proposals that affect the energy sector (Kolk &amp; Pinkse, 2020).</span></p>
<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
and development to stay ahead of the competition. This can involve partnering
with universities and research institutions to explore new technologies and
innovations in the energy sector (Makarov &amp; Sokolov, 2020). By staying at
the forefront of technological advancements, GOIL can identify new
opportunities and stay competitive in a rapidly changing market.</span></p>
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</span><p class="MsoNormal"><b><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">3.1 Should GOIL invest in renewable energy solutions? why
or why not?</span></b></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,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
renewable energy solutions.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Firstly, the global energy
market is experiencing a significant shift towards renewable energy. According
to the International Energy Agency (IEA), global investment in clean energy has
accelerated since 2020, with spending on renewable power, grids, and storage
now higher than total spending on oil, gas, and coal (IEA, 2024). This trend
indicates a growing preference for renewable energy sources, driven by the need
to reduce greenhouse gas emissions and combat climate change. Investing in
renewable energy would allow GOIL to align with global energy trends and reduce
its carbon footprint, thereby enhancing its reputation and competitiveness in
the market.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Moreover, the cost of
renewable energy technologies has been decreasing over the years, making them
more economically viable. The IEA reports that the cost of solar power is
expected to decline by approximately 15% to 35% by 2024, which will drive
companies to invest in renewable energy rather than allocating resources to oil
(IEA, 2020). By investing in renewable energy, GOIL can take advantage of these
cost reductions and diversify its energy portfolio, reducing its dependence on
fossil fuels and mitigating the risks associated with fluctuating fuel prices.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Additionally, government
policies and regulations are increasingly favoring renewable energy
development. Many countries, including Ghana, have implemented policies to
promote renewable energy and reduce reliance on fossil fuels. For instance,
Ghana's Renewable Energy Act aims to increase the share of renewable energy in
the country's energy mix and provide incentives for renewable energy
investments (Ghana Energy Commission, 2011). By investing in renewable energy, GOIL
can benefit from these government incentives and support the country's efforts
to achieve its renewable energy targets.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Furthermore, the push for
renewable energy presents an opportunity for GOIL to innovate and expand its
business operations. As the demand for renewable energy technologies such as
solar, wind, and biofuels increases, GOIL can leverage its existing
infrastructure and expertise to develop and deploy these technologies. This
strategic move would not only diversify GOIL's revenue streams but also
position the company as a leader in the renewable energy sector.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00; mso-fareast-language: #0C00;">Again, GOIL should invest
in renewable energy solutions due to the global shift towards clean energy, the
decreasing costs of renewable technologies, favourable government policies, and
the opportunity for business expansion and innovation. By doing so, GOIL can
enhance its competitiveness, reduce its carbon footprint, and contribute to
Ghana's renewable energy goals.</span></p>
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</span><p class="MsoNormal" style="background: white;"><b><span face="&quot;Arial&quot;,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
strategies should GOIL adopt in response to global oil price changes?</span></b></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,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
should adopt pricing strategies that balance its profitability with customer
affordability. One approach is to implement a dynamic pricing strategy, which
involves adjusting prices in response to changes in global oil prices (Chen,
Zhang, &amp; Zhang, 2019). This strategy can help GOIL maintain its profit
margins while remaining competitive in the market.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Another approach is to adopt a price-smoothing
strategy, which involves maintaining stable prices despite fluctuations in
global oil prices (Kumar, Singh, &amp; Kumar, 2017). This strategy can help GOIL
build customer loyalty and maintain market share, as customers are less likely
to switch to competitors in search of lower prices.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,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
strategy, which involves setting prices based on the perceived value of its
products to customers (Kumar, Singh, &amp; Kumar, 2017). This strategy can help
GOIL differentiate itself from competitors and maintain a premium price
position in the market.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,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
strategies, such as futures contracts and options, to manage its exposure to
global oil price volatility (Chen, Zhang, &amp; Zhang, 2019). This strategy can
help GOIL reduce its price risk and maintain a stable profit margin.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,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
dynamic pricing, price-smoothing, value-based pricing, and price hedging
strategies to respond to global oil price changes. By doing so, GOIL can
maintain its profitability, build customer loyalty, and remain competitive in
the market.</span></p>
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</span><p class="MsoNormal"><b><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt;">5.1 How can GOIL improve its service delivery to enhance
customer loyalty?</span></b></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">To improve its service delivery and enhance customer
loyalty, GOIL can adopt several strategies. Firstly, GOIL can focus on
providing excellent customer service by training its staff to be friendly,
courteous, and responsive to customer needs (Kumar, Singh, &amp; Kumar, 2017).
This can be achieved by implementing a customer-centric approach, which
prioritizes customer satisfaction and loyalty.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,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
service delivery. For example, it can implement a mobile payment system, which
allows customers to pay for fuel and other services using their mobile phones
(Kim, Lee, &amp; Kim, 2018). This can improve the speed and convenience of
transactions, reducing waiting times and improving customer satisfaction.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Thirdly, GOIL can improve its service delivery by
expanding its range of services. For example, it can offer additional services
such as car washing, oil changes, and tire repairs (Kumar, Singh, &amp; Kumar,
2017). This can provide customers with a one-stop-shop experience, increasing
their loyalty and retention.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Fourthly, GOIL can focus on building strong
relationships with its customers. This can be achieved by implementing a
loyalty program, which rewards customers for their repeat business (Harris
&amp; Goode, 2017). For example, GOIL can offer discounts, free services, or
other rewards to customers who reach certain milestones or thresholds.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">Finally, GOIL can improve its service delivery by
seeking feedback from its customers. This can be achieved by implementing a
customer feedback system, which allows customers to provide feedback on their
experiences (Kim, Lee, &amp; Kim, 2018). This feedback can be used to identify
areas for improvement, allowing GOIL to make targeted changes to its service
delivery.</span></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="en-GH" style="font-family: arial; font-size: 11pt; mso-ansi-language: #0C00;">GOIL can improve its service delivery and enhance
customer loyalty by focusing on excellent customer service, investing in
technology, expanding its range of services, building strong relationships with
customers, and seeking feedback from customers.</span></p>
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</span><p class="MsoNormal"><b><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-fareast-language: #0C00;">6.1 Conclusion</span></b></p>
<p class="MsoNormal"><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-fareast-language: #0C00;">Overall, GOIL's ability to remain competitive in
the petroleum industry hinges on its ability to adapt to the challenges posed
by fluctuating fuel prices, government policies, and the push for renewable
energy. And in the face of increasing competition from multinational fuel
companies, GOIL must be proactive in its approach to remaining competitive. By
adopting the strategies outlined in this essay, GOIL can position itself for
success in the rapidly changing petroleum industry. Ultimately, GOIL's ability to
adapt and evolve will determine its long-term viability and competitiveness in
the market.</span></p>
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<p class="MsoNormal"><b><span face="&quot;Arial&quot;,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
lang=EN-US style='font-size:11.0pt;font-family:"Arial",sans-serif'><span
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of Business Research</i>, 123-131.<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span face="&quot;Arial&quot;,sans-serif" lang="EN-US" style="font-family: arial; font-size: 11pt; mso-no-proof: yes;">Kolk, A. &amp;. (2020). Multinationals and climate change: A review of the
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="&quot;Arial&quot;,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
value-added services. <i>Journal of Retailing and Consumer Services</i>,
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systematic review. <i>Journal of Petroleum Science and Engineering</i>.<o:p></o:p></span></p><p class="MsoBibliography" style="margin-left: 36pt; text-indent: -36pt;"><span style="font-size: 14.6667px;"><b><span style="font-family: arial;">Published by: <a href="http://hrforum.uk">HR Forum News</a></span></b></span></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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's evolving supply chain strategy.</title><content type='html'><p><span style="font-family: arial;"><b><span lang="EN-US">CASE STUDY:&nbsp;</span></b><b><span lang="EN-US">DELL'S
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>
<p class="MsoNormal"><span lang="EN-US" style="font-family: arial;">Dell has been
following its unique 'direct build-to-order' sales model for more than 30
years. Customers can plan their own configuration and place orders directly
with the company online. Over the years, Dell's supply chain efficiencies and
direct sales gave it a competitive advantage.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: arial;">In previous
years, Dell faced several problems. Many customers complained about long delays
in receiving their orders. The recall of Sony battery cells in its laptops
brought undesirable media hype to the company. Increasing discontent of
customers led to a slowdown in sales. Consequently, Dell lost its market
leadership to another major competitor.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><span style="font-family: arial;">Industry
analysts felt that, with Dell's competitors also improving their supply chains
and matching Dell's direct model, the company had been losing its competitive
edge. Dell will have to bear additional costs with its foray into retail
distribution thereby minimizing its cost advantage. Besides, the profit margins
of Dell will drop further since it will have to offer incentives to compete
with other major brands in retail stores. Though Dell spruced up its product
design and range Apple is far ahead of it. Many experts feel that such new
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>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-family: arial;">Questions to
answer:<o:p></o:p></span></b></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: arial;">&nbsp;1.&nbsp;Examine
and analyze Dell's direct model, its basic working, and success and future
challenges. Give a deep breakdown of each point.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: arial;">&nbsp;2. How
does Dell's Supply Chain work and potential future supply chain challenges?<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: arial;"><span style="mso-spacerun: yes;">&nbsp;</span>3. Highlights Dell's evolving Supply Chain
practices and strategy and steps being taken by it to recapture its lost market
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>
<p class="MsoNormal" style="line-height: 150%;"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: arial;">1.&nbsp;&nbsp;&nbsp;Examine
and Analyse Dell's direct model, its basic working, and success and future
challenges. Give a deep breakdown of each point.<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Dell's direct model, also known as the "direct
build-to-order" sales model, has been the cornerstone of the company's
success for over three decades. This model allows customers to plan and
configure their own systems, placing orders directly with the company online.
According to Kraemer, Dedrick and Yamashita (2000), Dell's direct model has
been instrumental in providing the company with a competitive advantage,
enabling it to offer customized products at lower prices and with faster
delivery times.<o:p></o:p></span></p>
<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
components. Firstly, customers visit Dell's website and configure their desired
system, selecting from a range of components and options. Once the order is
placed, Dell's manufacturing system springs into action, assembling the
customized system and shipping it directly to the customer. This approach
eliminates the need for intermediaries, such as retailers and distributors,
allowing Dell to maintain control over the production and delivery process
(Magretta, 1998).<o:p></o:p></span></p>
<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
factors. Firstly, the model allows for greater efficiency and cost savings, as
Dell is able to eliminate intermediaries and reduce inventory costs (Dell,
2006). Secondly, the direct model enables Dell to offer customized products at
competitive prices, providing customers with a unique and personalized
purchasing experience. Finally, the model allows Dell to maintain a direct
relationship with its customers, enabling the company to gather valuable
feedback and insights that can be used to inform product development and
improvement (Dell, 2006).<o:p></o:p></span></p>
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<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
several challenges in recent years. One of the major challenges has been the
increasing competition from other PC manufacturers, who have begun to adopt
similar direct-to-customer models (Kraemer et al., 2000). Additionally, Dell
has faced criticism for its customer service and support, with some customers
experiencing long delays and difficulties in resolving issues (Crossing Wall
Street, 2006). Furthermore, the company's foray into retail distribution has
raised concerns about the potential erosion of its cost advantage and profit
margins (CBC News, 2007).<o:p></o:p></span></p>
<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
success of its direct model. One of the major challenges will be to continue to
innovate and improve the customer experience, in order to stay ahead of the
competition. According to Magretta (1998), Dell's ability to innovate and adapt
to changing market conditions will be critical in maintaining its competitive
advantage. Additionally, Dell will need to continue to invest in its supply
chain and manufacturing operations, in order to maintain its efficiency and
cost advantage (Dell, 2006). Finally, the company will need to balance its
direct-to-customer model with its retail distribution strategy, in order to
maximize its reach and revenue while minimizing its costs (CBC News, 2007).<o:p></o:p></span></p>
<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
the past three decades. However, the company faces several challenges in
maintaining the success of this model, including increasing competition,
customer service and support issues, and the need to balance its
direct-to-customer model with its retail distribution strategy. By continuing
to innovate and improve the customer experience, investing in its supply chain
and manufacturing operations, and balancing its direct and retail distribution
strategies, Dell can maintain the success of its direct model and remain a
leader in the PC industry.<o:p></o:p></span></p>
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<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
Chain work and potential future supply chain challenges?<o:p></o:p></span></b></p>
<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
model, which allows customers to configure and order their products online.
According to Kraemer et al. (2000), Dell's supply chain is characterized by a
"build-to-order" approach, where products are manufactured and
assembled only after a customer order has been received. This approach enables
Dell to maintain low inventory levels and reduce waste, resulting in
significant cost savings (Dell, 2006).<o:p></o:p></span></p>
<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
working closely with its suppliers to ensure just-in-time delivery of
components and materials. Magretta (1998) notes that Dell's suppliers are
connected to the company's manufacturing system through a web-based portal,
which enables them to receive real-time updates on demand and production
schedules. This close collaboration with suppliers enables Dell to respond
quickly to changes in demand and to minimize inventory levels (Kraemer et al.,
2000).<o:p></o:p></span></p>
<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
several potential future challenges. One of the major challenges is the
increasing complexity of the company's product offerings, which can make it
more difficult to manage inventory levels and production schedules (Dell,
2006). Additionally, the rise of emerging markets and the increasing demand for
customized products can put pressure on Dell's supply chain to be more agile
and responsive (Naylor, Naim &amp; Berry, 1999).<o:p></o:p></span></p>
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<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
disruptions due to external factors such as natural disasters, component
shortages, and supplier insolvency (Kraemer et al., 2000). Chopra and Meindl
(2007) note that supply chain disruptions can result in significant losses for
companies, including lost sales, increased costs, and damage to reputation.<o:p></o:p></span></p>
<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
its supply chain operations, including the development of new technologies and
processes that can help to improve efficiency, agility, and resilience (Dell,
2006). According to Lee (2004), companies that invest in supply chain
innovation can achieve significant benefits, including reduced costs, improved
customer satisfaction, and increased competitiveness.<o:p></o:p></span></p>
<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
direct-to-customer business model, enabling it to offer customized products at
competitive prices. However, the company faces several potential future
challenges, including increasing complexity, emerging market demands, and
external disruptions. By continuing to invest in its supply chain operations
and embracing new technologies and processes, Dell can help to ensure the
long-term success of its business model.</span><span lang="EN-US"><o:p></o:p></span></span></p>
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<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
evolving Supply Chain practices and strategy and steps being taken by it to
recapture its lost market leader position.<o:p></o:p></span></b></p>
<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
evolution over the years, driven by the need to adapt to changing market
conditions and customer expectations. According to Kraemer et al. (2000),
Dell's initial success was built on its direct-to-customer business model,
which allowed customers to configure and order their products online. However,
as the company faced increasing competition and customer dissatisfaction, it
had to reassess its supply chain strategy.<o:p></o:p></span></p>
<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
was the implementation of a more agile and responsive supply chain system.
According to Lee (2004), Dell invested heavily in developing a more flexible
and adaptable supply chain system, which enabled the company to respond quickly
to changes in demand and customer preferences. This involved the implementation
of new technologies, such as advanced analytics and cloud-based platforms, to
improve supply chain visibility and collaboration.<o:p></o:p></span></p>
<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
chain operations to include retail distribution. According to Chopra and Meindl
(2007), Dell's decision to enter the retail market was driven by the need to
increase its market share and reach a wider customer base. However, this move
also presented significant challenges, including the need to manage a more
complex supply chain network and to compete with established retail brands.<o:p></o:p></span></p>
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<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
chain initiatives, including the development of new logistics and distribution
capabilities. According to Magretta (1998), Dell has invested heavily in
developing its logistics and distribution capabilities, including the
establishment of new distribution centers and the implementation of advanced
transportation management systems. This has enabled the company to improve its
delivery times and service levels, while also reducing its logistics costs.<o:p></o:p></span></p>
<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
its supply chain sustainability and social responsibility. According to Naylor
et al. (1999), Dell has implemented a range of sustainability initiatives,
including the use of renewable energy sources and the implementation of
recycling programs for electronic waste. This has not only helped to reduce the
company's environmental impact but also to improve its reputation and brand
image.<o:p></o:p></span></p>
<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
a multi-faceted approach. According to Dell (2006), the company is focusing on
improving its product design and range, while also investing in new
technologies and innovations. This includes the development of new cloud-based
services and solutions, as well as the expansion of its product portfolio to
include new categories such as networking and storage.<o:p></o:p></span></p>
<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
and support, recognizing that this is a key area of differentiation in the
competitive technology market. According to Chopra and Meindl (2007), Dell has
implemented a range of customer service initiatives, including the
establishment of new customer support centers and the implementation of
advanced customer relationship management systems. This has enabled the company
to improve its customer satisfaction levels and to build stronger relationships
with its customers.<o:p></o:p></span></p>
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<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
improving the company's agility, responsiveness, and sustainability, while also
enhancing its customer service and support capabilities. By taking a
multi-faceted approach to supply chain management, Dell is well-positioned to
recapture its lost market leader position and to achieve long-term success in
the competitive technology market.<o:p></o:p></span></p>
<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>
<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>
<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.
CBC News.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US" style="font-family: arial;">Chopra, S., &amp; Meindl, P. (2007). Supply Chain Management: Strategy,
Planning, and Operation. Pearson Prentice Hall.<o:p></o:p></span></p>
<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
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
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., &amp; Yamashita, N. (2000). Refining and
extending the business model with information technology: Dell Computer
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,
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
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;">
</span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US"><span style="font-family: arial;">Naylor, J. B., Naim, M. M., &amp; Berry, D. (1999). Legality:
Integrating the lean and agile manufacturing paradigms in the total supply
chain. International Journal of Production Economics, 62(1-2), 107-118.</span><span style="font-family: Roboto;"><o:p></o:p></span></span></p><p class="MsoNormal" style="line-height: 150%;"><span lang="EN-US"><span style="font-family: arial;"><b>Published by: <a href="http://hrforum.uk">HR Forum News</a></b></span></span></p><p></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'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'><p><b><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Explain the 6 participatory stages in a
development communication campaign and the role of communication in achieving
the desired behaviour.</span></b></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Participatory communication is a dialogue-based
strategy, allowing different stakeholders to share and thus to promote their empowerment
information, thoughts and ideas. It is also the investigation and creation of
new knowledge that must be developed in order to deal with circumstances, which
is not simply the sharing of information and experience. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Participatory information often is related to
community-driven development but it may, regardless of the variety of the
groups engaged, be utilized at all levels of decision-making (local, national,
international). In this essay, we will highlight the six participatory stages
in a development communication-based campaign and the role of communication in
achieving the desired behaviour. They are as follows:<o:p></o:p></span></p>
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</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>
<p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">The most effective participation situation evaluation
may be carried out through participatory rural communication evaluation (PRCA).
In participatory rural communications assessments three types of analysis that are
carried out: public analysis, program analysis, and situation analysis.
Audience analysis basically "listens" to what prospective information
consumers require. They are the ones to be reached by the communication
campaign. Information users are sometimes called communication stakeholders. <span style="mso-spacerun: yes;">&nbsp;</span><o:p></o:p></span></p>
<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
stakeholders is an important first step towards creating a plan for
communication. The division of major stakeholder groups into smaller groups
helps to concentrate on the creation of communication strategy. Segmentation
typically takes two different forms which is both conventional segmentation and
innovative segmentation. Conventional segmentation is based on the
socio-economic status of the population, such as income, education, age and
sex, just to mention a few while Innovative segmentation is based on needs,
values, and lifestyles segmentation.</span></p>
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</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>
<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
understood as a basis of the communication strategy. Communication strategy
consists of the mix of techniques, messages and approaches through which the
planner aims at achieving communication objectives. In the second phase, the
communication program is directed. It is at this phase that goals and relevant
monitoring and evaluation criteria and indicators are established. <o:p></o:p></span></p>
<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
goals are achieved via a unique mix of methods or approaches. The planners will
also start to reflect upon the Preliminary Action Plan, the means of
communication, and basic messages and topics for debate during strategy
drafting.<o:p></o:p></span></p>
<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
themes<o:p></o:p></span></b></p>
<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
selection of message appeals, methods and communication channels and media
choices. The major difficulty at the present time is the creation of the great
idea or the creative concept that revolves around the whole communication
programme. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Professional communication equipment is frequently
used to produce communication messages and materials for the following
activities. Apart from the enormous costs required, the drawback of this method
is that the participants themselves do not participate. Involving stakeholders
in the creation of messages and materials is likely to contribute to higher
development objectives by the communication program.<o:p></o:p></span></p>
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</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>
<p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Real development of communication techniques and
materials is carried out after the communication strategy has been established.
The significance of not just the materials but also creative ideas and messages
being pre-tested is a helpful reminder to planers. <o:p></o:p></span></p>
<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
adjusted before significant time, efforts and resources are used to produce
them. The testing evaluates the possible efficacy of communication messages,
techniques and materials in order to attract attention, to be understood, to be
accepted and to provide a sense of self participation among the stakeholders.</span><span style="font-size: 12pt;">&nbsp;</span></span></p>
<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>
<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
organization at this stage is two of the most essential tasks. The internal job
of a manager is to prepare or train individuals in a good organizational
environment for their various duties inside the organisation. The external job
involves the establishment of links with important organizations working in the
same field. Now, the start and execution of the communication campaign or
program is a priority after all the preceding phases. The distribution, transfer
and receipt of program inputs are monitored together. The management side also
includes the process of managerial improvement and leadership as it affects the
delivery of communications.<o:p></o:p></span></p>
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</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>
<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
the question: are things proceeding, okay? On the other side, evaluation gives
answers to the question: So, did it work? Overview and assessment together assist
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
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
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
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>
<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
indicators based on the goals stated in order to assist measure the program's
effect on stakeholders. How much have the activities helped the major
organizations achieve their objectives? This may be measured by comparing assessments
with baseline data, in particular those collected during the participatory
evaluation of rural communication. More significantly, surveillance and
assessment data help to program sustainability and self-sufficiency planning.<o:p></o:p></span></p>
<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
sharing of information and experiences: it is also the discovery and creation
of new knowledge that has to be developed in order to respond to circumstances.
Participatory information often is related to community-driven development but
it may, regardless of the variety of the groups engaged, be utilized at all
levels of decision-making (local, national, international).<o:p></o:p></span></p>
<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>
<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>
<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
in Colombia. Retrieved from Razony Palabra: http://www.razonypalabra.org.mx/N/N74/VARIA74/23AliV74.pdf<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;">Thomas Tufte, P. M. (2009). Participatory
Communication: A Practical Guide. Retrieved from GSDRC:
https://gsdrc.org/document-library/participatory-communication-a-practical-guide/<o:p></o:p></span></p><p class="MsoNormal"><span lang="EN-US" style="font-family: Work Sans; font-size: 12pt; line-height: 107%;"><b>Published by: <a href="http://hrforum.uk">HR Forum News</a></b></span></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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's Road to Retirement: A Time Value of Money Case.</title><content type='html'><p><b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Problem:</span></b></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Today,
Junior turns 30 years old. Junior also starts a new job today. His monthly net
salary, payable at the end of the month, is Ghc2,000. Junior’s boss has been
impressed by Junior’s competences during the interview, and has offered him a
monthly raise of 0.1%, effective as of Junior’s second month on the job.</span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Junior’s
average monthly expenses are currently Ghc750, but Junior expects his monthly
expenses to grow at an annual effective rate of 1%, starting next month (i.e.
Junior’s second month on his new job). Junior’s expenses will continue to grow
at that rate until Junior retires. There are no other expenses. Junior saves
80% of his disposable income (that is, his salary, minus expenses).</span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Junior
invests all his savings in a security that guarantees a 6% effective annual
return. Besides the savings described here, Junior has no other savings. The
adequate rate of return to calculate the present and future value of cash flows
is 6%, annual effective.</span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">On
the day Junior turns 65 years old, he will retire. Junior will invest all his
accumulated savings and the proceeds from the sale of the condo in a security
that guarantees a return of 3% effective annual. Junior is convinced that he
will die on the day of his 88th birthday. He wishes to leave a Ghc100,000
bequest to the Lost Cats Trust. Junior will also buy one gold ring on each of
his 75th and 85th birthdays. Each ring costs Ghc10,000.</span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Given
his financial situation, what will be Junior’s monthly gross revenue (i.e.
before expenses) during retirement, if we assume that Junior wishes this
monthly revenue to be constant? Junior lives in a tax paradise where the tax
rate is zero percent (0%).<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;"><b>Solution:</b></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; 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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Junior turns 30 today<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Net Salary = Ghc2000.00 payable at the end of
the month<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Monthly raise = 0.1%<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Yearly raise = 0.1%*12 = 1.2%<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Monthly expenses = Ghc750.00<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Monthly expenses expected to grow at an annual
effective rate of 1%.<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = 80% of (Net salary-expenses)<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-pagination: widow-orphan; text-autospace: ideograph-numeric ideograph-other;"><span lang="EN-GB" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; mso-ansi-language: EN-GB; mso-fareast-font-family: Calibri;">Therefore:</span><span lang="EN-GB" style="font-family: &quot;Work Sans&quot;; mso-ansi-language: EN-GB; mso-fareast-font-family: Calibri;"> </span><span lang="EN-GB" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; mso-ansi-language: EN-GB; mso-fareast-font-family: Calibri;">Salary growth per
annum – Expenses growth per annum = Growth in Savings&nbsp;&nbsp;</span><span style="font-size: 12pt;">(1.2%) – (1%) = 0.2%</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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = 80% (Ghc2000.00 – Ghc750.00)<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"><span style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><span style="mso-spacerun: yes;">&nbsp;&nbsp;&nbsp; </span>80% (Ghc1, 250.00)<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"><span style="mso-tab-count: 2;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>=
Ghc1000.00<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = Ghc1000.00 *12 (for a year)<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Savings = Ghc12, 000.00<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Growing Annuity for savings in 6% security.<o:p></o:p></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: &quot;Work Sans&quot;; 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>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Where pmt is the periodic savings of Ghc12,
000.00<o:p></o:p></span></p>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">r</span></b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"> is 6% security rate<o:p></o:p></span></p>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">g </span></b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; 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>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">n</span></b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"> is the number of years (35 years); Number of
years from now till retirement at 65 (65 -30) = 35<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 [(1+0.06) ^35 –
(1+0.002)^35/0.06-0.002]<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 [(1+0.06) ^35 –
(1+0.002)^35/0.058]<o:p></o:p></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: &quot;Work Sans&quot;; 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>
<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: &quot;Work Sans&quot;; 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>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 12,000.00 (114.02759)<o:p></o:p></span></p>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV =
GHc1, 368,331.08 </span></b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">the
savings at retirement<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Now we are calculating the future value of his
accumulated savings.<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">PV = Ghc1, 368,331.08<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">r = 3%<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">n = 88 – 55 = 23years<o:p></o:p></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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Therefore FV = PV (1+r) ^n<o:p></o:p></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: &quot;Work Sans&quot;; 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>
<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: &quot;Work Sans&quot;; 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>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV = 1,368,331.08 * 1.9736<o:p></o:p></span></p>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">FV =</span></b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;"> <b style="mso-bidi-font-weight: normal;">Ghc2,
700,538.22<o:p></o:p></b></span></p>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">To
find the yearly gross revenue </span></b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">=
Ghc2, 700,538.22 / 23&nbsp;</span><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">= Ghc117, 414.7052</span></b></p>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">To
find the monthly gross revenue = </span></b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Ghc117,
414.7052 / 12&nbsp;</span><span style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">= Ghc9, 784.558767</span></p>
<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Therefore,
Junior’s monthly gross revenue = <u>Ghc9, 784.558767</u><o:p></o:p></span></b></p>
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<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: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-fareast-font-family: Calibri;">Published by: <a href="http://hrforum.uk">HR Forum News</a></span></b></p><b></b><p></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'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's decision to enter Canada’s banking sector.</title><content type='html'><div><p class="MsoNormal"><b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">CASE STUDY:</span></b></p>
<p class="MsoNormal"><b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">From phones to loans: Virgin's decision to enter Canada’s banking
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: &quot;Work Sans&quot;;">QUESTION(S):&nbsp;<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Carefully read the Case Study (Title; From Phones to Loans:
Virgin’s Decision to Enter Canada’s Banking Sector) attached and answer the
questions below.</span></b></p>
<p class="MsoNormal"></p><ul style="text-align: left;"><li><span style="font-family: &quot;Work Sans&quot;; font-size: 12pt; text-indent: -18pt;">Why
are the prices of products offered by Canadian banks (Financial institution) so
high?</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">What
types of financial products should Virgin consider offering in Canada?</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">How
will Virgin get the money necessary to make loans and offer the other financial
services it is considering?</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">How
can Virgin afford to offer products at lower rates than its competitors if the
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>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;;">SOLUTION(S):&nbsp;<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Why are the prices of products offered by Canadian banks
(Financial institution) so high?</span></i></b></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">This
is due to the fact that, the financial services business is in the hands of
very few with little or no competition. This was echoed by the founder of
Virgin Group PLC, Richard Branson when he revealed that, “the financial
services business is in the hands of very few companies and we think a little
more competition would be good”. The lack of competition has allowed the banks
to take advantage and exploit the masses thereby increasing financial products
astronomically.</span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Some
of the banks could be facing liquidity challenges thus the need to increase
prices of financial products and services in order to make up for their losses.</span></p>
<p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">What types of financial products should Virgin consider offering
in Canada?</span></i></b></p>
<p class="MsoNormal"></p><ul style="text-align: left;"><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Traditional
Investment and products – Call accounts and fixed deposits.</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Lending
solutions – Overdraft, personal loans, vehicle loans etc.</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Investment
advisory services.</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">A
range of card products – Visa credit card, Visa prepaid card, Visa debit card.</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">State
of the art private banking lounges strategically located in various cities in
Canada.</span></li><li><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">A
suit of E-banking/online services- Internet Banking, Mobile banking App.</span></li></ul><p></p>
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<p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">How will Virgin get the money necessary to make loans and offer
the other financial services it is considering?</span></i></b></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Virgin
will be able to raise funds to offer financial services by using proceeds
generated from the sale of some of its businesses, most notable was the sale of
Virgin Mobile to BCE Bell Mobility.</span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">They
also partner with other businesses in order to be in the position to provide
those financial products and services. A typical example is their partnership
with MBNA for the production of the Virgin Credit Card.</span></p>
<p class="MsoNormal"><b><i><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">How can Virgin afford to offer products at lower rates than its
competitors if the company is partnering with its competitors to provide these
services?</span></i></b></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">One
of the major reasons why banks in Canada are not able to offer products at a
lower rate is the issue of liquidity as explained by Mark Sibthorpe, founder of
StarBank.ca that, “The existing financial institutions are having liquidity
issues, so if you have cash, there are opportunities”.</span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">These
banks increase the prices of financial products and services so as to make up
for their losses.&nbsp; Virgin’s Partnership
with other companies is strategic as they intend to leverage relationships in
order to distribute risk.</span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">By
partnering with other businesses, the business resources and contributions are
shared among all the stakeholders in order to minimize risk. This helps Virgin
to conveniently offer products and services at lower rates, attracting more customers
and in turn making lots of profit.&nbsp;&nbsp;<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">REFERENCES</span></b></p><p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Ivey
Management Services. (2009). From phones to loans: Virgin's decision to enter
Canada's Banking sector. Richard Ivey School of Business (University of Western
Ontario), 1-3.</span></p><p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">
</span></p><p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;">Perkins,
T. (2010, June 30). Globe and Mail: Virgin Money hasn't given up on Canada.
Retrieved from The Globe and Mail Website.: www.globeandmail.com.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt;"><b>Published by: <a href="http://hrforum.uk">HR Forum News</a></b></span></p><p></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtOwNoRDtOt59JX6Inzb6mStQZCTfn8cpocTMS1kjZOuhXH-yQPPqeG6G4hhTBHS7h-dhlPJNKJQBEbCr3-YpdxaeZ5T9_Gv1Bv6GYTaSE-LJ943keVMLHQDrmHQR-cA6JGLuHsLbnTd5lDiuCKZqz-9rkA3Kg7ffy5iyqJbdgaJbBiOttDuwBihaqBWA/s540/482235632_985060157086737_7211575528143995601_n.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Full Text: 2025 Budget presented by Finance Minister." border="0" data-original-height="480" data-original-width="540" height="315" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtOwNoRDtOt59JX6Inzb6mStQZCTfn8cpocTMS1kjZOuhXH-yQPPqeG6G4hhTBHS7h-dhlPJNKJQBEbCr3-YpdxaeZ5T9_Gv1Bv6GYTaSE-LJ943keVMLHQDrmHQR-cA6JGLuHsLbnTd5lDiuCKZqz-9rkA3Kg7ffy5iyqJbdgaJbBiOttDuwBihaqBWA/w640-h315/482235632_985060157086737_7211575528143995601_n.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Full Text: 2025 Budget presented by Finance Minister.</i></b></td></tr></tbody></table><p></p>
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<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">Finance
Minister Dr. Cassiel Ato Forson has presented the government’s fiscal policy to
Parliament, outlining measures aimed at restoring the economy.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">As
part of these efforts, he announced the cancellation of several taxes,
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: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;"><b>Below is a copy of the 2025 budget statement:</b></span></p>
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<p class="MsoNormal"><b><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><span style="font-size: medium;">Source:
<a href="http://hrforum.uk">HR Forum News</a></span><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="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" style="margin-left: auto; margin-right: auto;"><img alt="Govt to scrap E-levy, Emission levy, betting tax, other taxes." border="0" data-original-height="500" data-original-width="768" height="323" src="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" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Govt to scrap E-levy, Emission levy, betting tax, other taxes.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">In
a significant move aimed at easing the financial burden on households and
businesses, the government has announced plans to present the necessary
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>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">Finance
Minister Dr Cassiel Ato Forson outlined the tax cuts during his budget
presentation in Parliament, emphasising the positive impact these measures will
have on disposable incomes and business growth.<o:p></o:p></span></p>
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</span><p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">“Mr.
Speaker, we will abolish the 10% withholding tax on winnings from lottery,
otherwise known as the ‘Betting Tax’; we will abolish the Electronic Transfer
Levy (E-Levy) of 1%; we will abolish the Emission Levy on industries and
vehicles; we will abolish the VAT on motor vehicle insurance policy; and we
will abolish the 1.5% withholding tax on winning of unprocessed gold by
small-scale miners,” Dr. Forson announced.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">He
further explained that the removal of these taxes is intended to ease the
burden on households and improve their disposable incomes.<o:p></o:p></span></p>
<p class="MsoNormal"><b><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><span style="font-size: medium;">Source:
<a href="http://hrforum.uk">HR Forum News</a></span><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFJ1EaXHE-LcBIm7tjYQjfiN1KWHxIDOkwW_MLa-QQ9mtgqsQUb8n7qXCA3XqQYEhUHlFNllfW-tT-eOX7YlQLIb52nrbFbdXgmQfLLw0Me58l7fAU-Gol_cQOWEOm073MiCZ1_F4cW234pcQpu_0kA9WrDpv6PfncjyjR6ejXI7T4cA1-3IC-g4Q7oMU/s862/Ghana-Passport-862x424.png" style="margin-left: auto; margin-right: auto;"><img alt="Government recalls diplomatic and service passports." border="0" data-original-height="424" data-original-width="862" height="314" src="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" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Gov’t recalls diplomatic and service passports.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: medium;">The
Ministry of Foreign Affairs and Regional Integration has issued a final
reminder to individuals still in possession of Diplomatic and Service Passports
issued during the previous administration to return them by 17 March 2025.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: medium;">This
directive follows a previous announcement by the Ministry, dated 15 January
2025, and stems from an order by the Office of the President to review and
retrieve all such passports no longer valid under current government
requirements.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: medium;">So far, 404
Diplomatic Passports and 387 Service Passports remain unreturned, despite
earlier notices.<o:p></o:p></span></p>
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</span><p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">The
Ministry is calling on all individuals listed below to surrender their
passports to the Legal and Treaties Bureau at the Ministry without delay:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">•
Former Ministers and their spouses<br />
• Former Members of Parliament from all political parties<br />
• Former Council of State members and their spouses<br />
• Retired Justices of the Superior and Lower Courts<br />
• Former Regional Ministers, MMDCEs, board chairs and members of state
institutions<br />
• Officials of the National Cathedral Project<br />
• Former political ambassadors and their dependents<br />
• Businessmen and entrepreneurs<br />
• Former government functionaries<br />
• Any person holding an official passport but not currently serving the state<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><span style="font-size: medium;">The
Ministry has warned that any passports not returned by the deadline will be
cancelled and added to the Stop-Watch List, making them subject to immediate
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: &quot;Work Sans&quot;;"><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: &quot;Work Sans&quot;;"></span></p><div class="separator" style="clear: both; text-align: left;"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><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>
<p class="MsoNormal"><b><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><span style="font-size: medium;">Source:
<a href="http://hrforum.uk">HR Forum News</a></span><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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 & Governance"/><title type='text'>Stay out of Ghana’s anti-LGBTQ debate - President Mahama.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCVaIA4sla-tFdooatYXnmjI0d6O-ekQecmi0chyphenhyphenOWMPkgGkCxOs7sRnskrPyUVfU6Ppp2-Pf9vQ1xOe0R_P_uGhS9jFtHc7MaUgFq5sBVsVQgJoI3A-QdPXyn39eMjjMA7oH_U6IgGG_aIC46ULg0L4dz1QJDjIFzORqcATNB8_cok6pyvs8Eq9IDwhQ/s615/image-11-615x410.webp" style="margin-left: auto; margin-right: auto;"><img alt="Stay out of Ghana’s anti-LGBTQ debate - President Mahama." border="0" data-original-height="410" data-original-width="615" height="351" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCVaIA4sla-tFdooatYXnmjI0d6O-ekQecmi0chyphenhyphenOWMPkgGkCxOs7sRnskrPyUVfU6Ppp2-Pf9vQ1xOe0R_P_uGhS9jFtHc7MaUgFq5sBVsVQgJoI3A-QdPXyn39eMjjMA7oH_U6IgGG_aIC46ULg0L4dz1QJDjIFzORqcATNB8_cok6pyvs8Eq9IDwhQ/w640-h351/image-11-615x410.webp" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>President John Dramani Mahama</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">President
<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
and the&nbsp;International Monetary Fund (IMF)&nbsp;to avoid interfering in
Ghana’s domestic policies, particularly concerning cultural and social issues
such as <a href="https://ghananews.hrforum.uk/2021/12/homosexuality-is-a-mental-disorder-not-biological-dr-osei-109.html">LGBTQ+ rights</a>.&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">Speaking
in an interview with Bloomberg’s&nbsp;Next Africa, Mahama argued that
multilateral institutions should focus on their economic mandates rather than
attempting to influence cultural values in Ghana.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">“Multilateral
institutions should avoid getting into cultural matters,” President Mahama stated
bluntly in a recent Bloomberg interview. “This is a diverse world. We have
different cultures.”<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">His
comments come amid speculation that organizations like the World Bank and
International Monetary Fund (IMF) might withdraw funding if Ghana passes&nbsp;controversial
anti-LGBTQ+ legislation&nbsp;that is being considered for revival in
parliament.<o:p></o:p></span></p>
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</span><p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: medium;">When
directly asked about potential financial consequences should the bill become
law, Mahama remained defiant: “If they decide to pull [funding], well, it’s
their prerogative. But I don’t believe that multilateral institutions like the
World Bank and IMF should include in their mandates how people behave culturally.”<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">Ghana’s
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>.&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">The
previous version of the anti-LGBTQ+ bill expired after facing legal challenges
and failing to receive presidential assent. Mahama clarified that although the
legal challenge was eventually dismissed, the bill lapsed because it wasn’t
signed into law.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">Regarding
any new version of the bill, Mahama advocated for broader stakeholder
consultation. “What we need is more stakeholder consultation to look at
whatever new bill will come and make sure that we carry everybody on board,” he
explained.<o:p></o:p></span></p>
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</span><p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><span style="font-size: medium;">The
President emphasized that preserving family values should focus more on
education than legislation alone. “Proper family values are something we all
are interested in,” he said. “But it’s not only in the bills that we send to
parliament to regulate them; it’s also about teaching our children those family
values as they grow.</span><o:p></o:p></span></p>
<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>
<p class="MsoNormal"><b><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><span style="font-size: medium;">Source:
<a href="http://hrforum.uk">HR Forum News</a></span><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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 & Governance"/><title type='text'>Prof. Adei praises President Mahama’s first 100 days.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr7Y4U-UF4spjKLoWoXjDENRRNT3ceAkJsgZ8OsABjsEaNkeR4dwMVqjtDXuizxi0WNH3u5SZhH-HigCbuw43tQLjCdefF5Xz47mSfcLiAzS0U6Al-bfDYirrVwwlA9ApmBcYCb4dqy2tAZCHl3-RJoE2om-NEfwGdepbUHckEedmPBMYzugFmKG1R31U/s1526/Prof-Stephen-Adei-FSHS2.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Prof. Adei praises President Mahama’s first 100 days." border="0" data-original-height="937" data-original-width="1526" height="307" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr7Y4U-UF4spjKLoWoXjDENRRNT3ceAkJsgZ8OsABjsEaNkeR4dwMVqjtDXuizxi0WNH3u5SZhH-HigCbuw43tQLjCdefF5Xz47mSfcLiAzS0U6Al-bfDYirrVwwlA9ApmBcYCb4dqy2tAZCHl3-RJoE2om-NEfwGdepbUHckEedmPBMYzugFmKG1R31U/w640-h307/Prof-Stephen-Adei-FSHS2.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Professor Stephen Adei.</i></b></td></tr></tbody></table><p></p>
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<p class="MsoNormal"></p><p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">Renowned
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
his impressive performance during his first 100 days in office.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">Speaking
in an interview on JoyNews, Prof. Adei stated that Mahama’s early months in
power have been remarkable, comparing his performance with previous
administrations.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: medium;"><span style="font-family: &quot;Work Sans&quot;; mso-ansi-language: #2000;">“His
Excellency, the President has done very well in the first 100 days. I mean,
government after government. I was too young to have observed the first 100
days of Nkrumah, but thereafter, when he was overthrown, I was in my final year
at training college. Since then, I have observed the early days of every
government, and I would give him a very high score for what he has done,” the
former Chairman of the National Development Planning Commission (NDPC),
remarked.</span><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><o:p></o:p></span></span></p>
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</span><p class="MsoNormal"><span style="font-family: &quot;Work Sans&quot;; font-size: medium; mso-ansi-language: #2000;">However,
he cautioned that the true test of leadership extends beyond the initial phase.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: medium;"><span style="font-family: &quot;Work Sans&quot;; mso-ansi-language: #2000;">“This
is the honeymoon stage, and I will give him a good score. But the real
challenge lies in stabilising the economy, generating revenue, and addressing
key issues such as Ghana’s limited gains from its mineral resources and the
fight against illegal mining (galamsey)</span><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;">.”</span><span style="font-family: &quot;Work Sans&quot;; mso-ansi-language: #2000;"><o:p></o:p></span></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: medium;">Despite the
hurdles ahead, Prof. Adei expressed optimism that Mahama can maintain his
momentum, emphasizing, “Ghana needs continuity and progress. We cannot afford
to keep resetting our national agenda.<o:p></o:p></span></p><p class="MsoNormal"></p>
<p class="MsoNormal"><b><span lang="en-GH" style="font-family: &quot;Work Sans&quot;;"><span style="font-size: medium;">Source:
<a href="http://hrforum.uk">HR Forum News</a></span><o:p></o:p></span></b></p><p></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJHar2wXhM_PvO76Qdhx2Z3ZQ8AnIQprVEu_dG4W4vAE8OUSco1v55_ijt21O7zpR1kIY148h-_ojWmOem6p0UEm5EDiqP3PRjnq4on3UzpBkc-eDZRxUPIxHtckyDItViJRFH18wOE95RU5s0zO6iIu05i2G12gzJvXIwFhH9LjD2Z8FSBZk4BBsfzwE/s750/Ato-Forson-minister--750x375.jpg" style="margin-left: auto; margin-right: auto;"><img alt="E-Levy, betting tax to be scrapped in first budget – Ato Forson." border="0" data-original-height="375" data-original-width="750" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJHar2wXhM_PvO76Qdhx2Z3ZQ8AnIQprVEu_dG4W4vAE8OUSco1v55_ijt21O7zpR1kIY148h-_ojWmOem6p0UEm5EDiqP3PRjnq4on3UzpBkc-eDZRxUPIxHtckyDItViJRFH18wOE95RU5s0zO6iIu05i2G12gzJvXIwFhH9LjD2Z8FSBZk4BBsfzwE/w640-h320/Ato-Forson-minister--750x375.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><i><b>Finance Minister-designate, Dr. Cassiel Ato Forson.</b></i></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Finance Minister-designate, Dr. Cassiel Ato Forson,
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
first budget, should he be approved.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">He argued that both taxes hinder economic progress.
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>
and obstructs the country’s move towards a cashless economy, while the betting
tax generates minimal revenue.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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
intend to run from it. I have written articles against the e-levy, I championed
the position against the e-levy and I still stand by it. The e-levy is neither
a direct tax, an indirect tax, or an excise tax. I insist that the betting tax
must be abolished and as Finance Minister, I will abolish it in my first budget
because it has failed”.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Dr. Forson made it clear that his position on the
contentious taxes remains unchanged.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“I don’t know how to classify it as a tax practitioner.
It doesn’t mean that I do not recognise that the levy brings in a certain
amount of revenue, but the fact remains, e-levy retards the progress towards a
cashless economy. We need to abolish it,” he stated.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“I have said that given the opportunity, I will
abolish the e-levy. I want to restate that position that if approved, as part
of the first budget, I will announce that we will abolish the levy as part of
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
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
that.”<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">No new
taxes&nbsp;<o:p></o:p></span></b></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Dr. Cassiel Ato Forson also underscored the importance
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
mobilisation.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“I have studied Ghana’s economy for some time now and
without mincing words, Ghana has potential when it comes to tax revenue
mobilisation. We don’t necessarily have to increase taxes before you rake in
revenue. We have the handles, what we need to do is to improve compliance.”<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">He pledged to raise the tax revenue-to-GDP ratio from
13.8% to 16% if approved.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“I will work with the GRA, the tax policy unit of the
Ministry of Finance to ensure that we increase compliance and ensure that we
raise the revenue as much as we can.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“In the medium term, it is my vision when approved to
increase the tax revenue from 13.8% of GDP to 16% -18%. By this, we will be
able to compare ourselves to our peers. I believe the potentials are out there,
but it doesn’t necessarily mean we should increase taxes.”<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB23psRJhVQA-SfgAvfrjezdpMr1hPeEaER8VEEBmr8eq1cyp4WvEn-odTPSXJhzNsks9q4JOa0e4aRuH27OoCCUxJanVXUtkpZFuZSoAp9Z3XSJ7S0ldb65Eth3Ve1BKaqW1iB4v0hRv16fWA6ra48M3Ta7QQeY40b7mAZ9r0_v7V1jteA6zuIiKhycc/s680/mingle-e1736762930512-680x536.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Kassim Ocansey appointed Head Coach of Black Meteors." border="0" data-original-height="536" data-original-width="680" height="343" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB23psRJhVQA-SfgAvfrjezdpMr1hPeEaER8VEEBmr8eq1cyp4WvEn-odTPSXJhzNsks9q4JOa0e4aRuH27OoCCUxJanVXUtkpZFuZSoAp9Z3XSJ7S0ldb65Eth3Ve1BKaqW1iB4v0hRv16fWA6ra48M3Ta7QQeY40b7mAZ9r0_v7V1jteA6zuIiKhycc/w640-h343/mingle-e1736762930512-680x536.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Coach Kassim Ocansey (Mingle).</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The Ghana Football Association has announced the
appointment of Coach Kassim Ocansey (Mingle) as the new Head Coach of the Male
National Under-23 team, the Black Meteors.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Coach Ocansey brings a wealth of experience to the
role, having had a distinguished career in coaching with club sides Accra Great
Olympics, Bechem United, and Nations FC, where he is currently the Head Coach.
Coach Kassim Mingle, as he is popularly called, has also coached extensively at
the Academy, Colts and second tier levels of Ghana Football, experiences which
have equipped him with a deep understanding of how to develop talent from
a&nbsp;very early age.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">With a passion for nurturing young talent, Coach
Kassim Mingle is the ideal candidate to lead the Black Meteors in their quest
to regain their past glory.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The team, which was the first African nation to win an
Olympic medal in football at the 1992 Olympic Games in Barcelona, Spain, is
seeking to rediscover its footing as a powerhouse at its level in world
football.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Coach Kassim Ocansey had a very active footballing
career playing for then top tier teams Dumas Boys of GTP, GIHOC Stars, Sekondi
Eleven Wise and Accra Standfast over a period of eight years.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The Ghana Football Association is confident that Coach
Ocansey’s expertise and experience will be invaluable in building a formidable
Black Meteors team that would be ultimately successful.<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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 & Governance"/><title type='text'>Mahama directs Lands Commission to halt sale of state lands.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9Mg_Bo06ovdPKqnNYzl1n-_lx0-N-qhVMC8Wg2jGJKqb51WPLYVscnq-eEJmNp5127WnrlPI-nD2h1WxCbg1VLaot8CIQcHZ8VQ8asQpeD47suE4rXLTexEUQsoVLPMsccsKtdztXST3rqDUxyBbXTA_ScudNVHurJMVzh2_OHbvNRuSKWf3uTPgtOxI/s750/John-Mahama-10-1024x683-1-750x375.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Mahama directs Lands Commission to halt sale of state lands." border="0" data-original-height="375" data-original-width="750" height="320" src="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" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>President John Dramani Mahama.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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
immediate cessation of all activities related to the sale, lease, or processing
of transactions involving state and public lands.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">This directive, communicated by Dr Callistus Mahama,
Secretary to the President in a statement dated January 10, 2025, aims to
safeguard these lands for the collective benefit of the citizenry and future
generations.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The directive mandates that all ongoing and pending
transactions must be halted without delay to facilitate a comprehensive review
of the current framework governing the management of State and Public Lands.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The Executive Secretary of the Lands Commission has
been requested to submit a detailed report of all recent and ongoing
transactions concerning these lands to the Office of the President within 14
days of the communication.<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">A copy of the statement below:</span></b></p><p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"></b></p><div class="separator" style="clear: both; text-align: left;"><b style="mso-bidi-font-weight: normal;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZdph5yoQrHQBtxnMarP6RoNWyYuAqQAHcY8cEGJs8S704qkDHqdHaeF2ZopsqCUio1q22jMrqP038vqWashUC5suKUJ0Ba4v7wrAkL3QJAI8IQd6zPkBSx8jRyw33nBX5vm9Qnh06VasDYPNoqnd9kbxIMf5yiKVewWntH2yDkHNAkVHoW2q8Cy4NAgs/s1235/WhatsApp-Image-2025-01-11-at-17.09.57_0efb2ac3.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Mahama directs Lands Commission to halt sale of state lands." border="0" data-original-height="1235" data-original-width="881" height="690" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZdph5yoQrHQBtxnMarP6RoNWyYuAqQAHcY8cEGJs8S704qkDHqdHaeF2ZopsqCUio1q22jMrqP038vqWashUC5suKUJ0Ba4v7wrAkL3QJAI8IQd6zPkBSx8jRyw33nBX5vm9Qnh06VasDYPNoqnd9kbxIMf5yiKVewWntH2yDkHNAkVHoW2q8Cy4NAgs/w613-h690/WhatsApp-Image-2025-01-11-at-17.09.57_0efb2ac3.jpg" width="613" /></a></b></div><p></p><p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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 & Governance"/><title type='text'>President John Mahama dissolves all boards.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDgM6oWbwPQQf4EWFE2TZ0Sfa8D_Tuy_LZRDG9QX3pFzxEpZ8Ie1Vc7Q2MOzSjXvNND5K6vg_KtZOrMG_1hZ0LUpYy_Ha6CH7dSdJu81iDjdt2aqCUf4nTFCMZFxxj2sPcRNeBgpvGkEyUxA7_IUvPgiSAKkJxDc8GRHx6bbK9PEhhX3RS7oTscpT2HJ8/s2048/473316491_1030022702485960_167158343127973157_n.jpg" style="margin-left: auto; margin-right: auto;"><img alt="President John Mahama dissolves all boards." border="0" data-original-height="1707" data-original-width="2048" height="339" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDgM6oWbwPQQf4EWFE2TZ0Sfa8D_Tuy_LZRDG9QX3pFzxEpZ8Ie1Vc7Q2MOzSjXvNND5K6vg_KtZOrMG_1hZ0LUpYy_Ha6CH7dSdJu81iDjdt2aqCUf4nTFCMZFxxj2sPcRNeBgpvGkEyUxA7_IUvPgiSAKkJxDc8GRHx6bbK9PEhhX3RS7oTscpT2HJ8/w640-h339/473316491_1030022702485960_167158343127973157_n.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>President John Mahama dissolves all boards.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">In a decisive move following his inauguration,
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,
corporations, commissions, and councils appointed by the previous
administration. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The dissolution is in accordance with the Presidential
(Transition) Act, 2012 (Act 845).<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">A statement signed by Acting Spokesperson Felix Kwakye
Ofosu made it clear that all former board members have ceased to hold office,
and the announcement serves as formal notice for all affected members. The
dissolution does not include Boards of independent constitutional bodies.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">President Mahama extended his gratitude to the
outgoing board members for their service and wished them well in their future
endeavours. During this period of transition, managements of the affected entities
are instructed to seek clearance from the Chief of Staff before making any
significant decisions.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">This sweeping change signals a fresh start for the
Mahama administration as it seeks to implement its policies and priorities.</span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">A copy of the statement below:</span></b></p><p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"></b></p><div class="separator" style="clear: both; text-align: left;"><b style="mso-bidi-font-weight: normal;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-uCGOJZ8IqYI_tayGwAsqJh-sZa76wLv3sWu2qKHTm9UfE6A1xxCYPxf86opjLyEXz7uu6kDi4BpLgQesbPz3wEgHKrw6N2fzBknJ1AvO21RP86fj9v3n_tGgoHNiZ_hNmWhd7dcbZg1cuE-To12vIXV22iJCd1bfENo05Bwux70T1Bss1pgkUqCNKC0/s1182/473301812_1027594376062703_2111205426349941622_n.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="President John Mahama dissolves all boards." border="0" data-original-height="1182" data-original-width="904" height="703" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-uCGOJZ8IqYI_tayGwAsqJh-sZa76wLv3sWu2qKHTm9UfE6A1xxCYPxf86opjLyEXz7uu6kDi4BpLgQesbPz3wEgHKrw6N2fzBknJ1AvO21RP86fj9v3n_tGgoHNiZ_hNmWhd7dcbZg1cuE-To12vIXV22iJCd1bfENo05Bwux70T1Bss1pgkUqCNKC0/w596-h703/473301812_1027594376062703_2111205426349941622_n.jpg" width="596" /></a></b></div><p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEj9bNAUAZDY3tBqQdve7ghwFlZCyRnh3RxiIIx28tjUdQ6dyMBjGmPWdhM8CJYrbMfa4wRFLnq1XW_ymV6-Fl4BuYLehIKQajizYQe4jtrITjvgc6_jW0KPiWorrJ6842aiCicGme61uUt9v-U5oqwJ4MG-nar1bK2AVfq8BR6i6kCsJhiUFF2ix-x3LRs" style="margin-left: auto; margin-right: auto;"><img alt="Mahama promises inquiry into national cathedral project." data-original-height="1366" data-original-width="2048" height="340" src="https://blogger.googleusercontent.com/img/a/AVvXsEj9bNAUAZDY3tBqQdve7ghwFlZCyRnh3RxiIIx28tjUdQ6dyMBjGmPWdhM8CJYrbMfa4wRFLnq1XW_ymV6-Fl4BuYLehIKQajizYQe4jtrITjvgc6_jW0KPiWorrJ6842aiCicGme61uUt9v-U5oqwJ4MG-nar1bK2AVfq8BR6i6kCsJhiUFF2ix-x3LRs=w640-h340" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>President John Dramani Mahama.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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
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
a whopping $400 million on such a project is not in the public interest. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">According to President Mahama “… the current
circumstances that Ghana is going through, it makes no sense to achieve such a
project at a whopping sum of $400 million.” <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Speaking at a National Prayer and Thanksgiving Service
in Accra, Mr. Mahama said the government will implement the Commission on Human
Rights and Administrative Justice (CHRAJ) recommendation to investigate the
possible misapplication of public funds on the project. <o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“Government is enjoined to follow this directive and
will soon activate such an investigation into the project,” he affirmed,
further signaling his administration's commitment to accountability and
transparency. <o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Building
Consensus for Future Projects. <o:p></o:p></span></b></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Making it clear that the current development of the
National Cathedral will not continue under his administration, the President
urged the Christian community to forge a consensus on executing national
projects like the National Cathedral without resorting to public funds. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“On the future of the project, the Cathedral, I
believe that all of us as Christians must forge a consensus on how to achieve
such a project without recourse to public funds”, adding that any such
consideration must consider the project cost, privately financed and at a
different location. <o:p></o:p></span></p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Financial
Concerns and Comparisons. <o:p></o:p></span></b></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“This project must be achieved at a reasonable cost in
the current circumstances that Ghana is going through. I am informed that the
National Ecumenical Centre in Abuja, which is used by all Christian faiths in
Nigeria, was built at $30 million”, he noted. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">President Mahama also suggested that Ghana could adopt
a more pragmatic and cost-effective approach to such initiatives, emphasizing
that “we can reach a more reasonable figure for achieving such a project, and
together we can raise the funding for it.” <o:p></o:p></span></p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Reconsideration
of Project Plans. <o:p></o:p></span></b></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">President Mahama further hinted that a reconsideration
of the National Cathedral Project might extend to the current location selected
for its construction, leaving room for future consultations among the Christian
community. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“Such a reconsideration of this project might even
include changing the current site that was chosen for the project. I leave the
rest to any such future consultation that we will have as the body of Christ,”
he concluded.<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
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<span class='post-author'><a href='https://www.blogger.com/profile/17830849078098433822' target='_blank' title='HR Forum Media'>HR Forum Media</a></span>
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</div>
</div>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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 & Governance"/><title type='text'>President Mahama reduces number of ministries from 30 to 23.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA-1Fr-y38Np-6JQ9RJCdOIVztTvFxNygofDoZ7Uf6B-wpXyC7n6Du-SrIVnVkkWmcq2fjneN0m48mQoUp4KjIoA0xQy8DUfEMa5I6SQbJQXVXWlYHRY7A_Xbam2C6cLAB2cDlNHuPFb2I2z5-2Uh3UEPOkCKP6pMwPyJpPAY49cqUEtZvpuUOXq-BEAc/s638/JM.jpg" style="margin-left: auto; margin-right: auto;"><img alt="President Mahama reduces number of ministries from 30 to 23." border="0" data-original-height="330" data-original-width="638" height="332" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA-1Fr-y38Np-6JQ9RJCdOIVztTvFxNygofDoZ7Uf6B-wpXyC7n6Du-SrIVnVkkWmcq2fjneN0m48mQoUp4KjIoA0xQy8DUfEMa5I6SQbJQXVXWlYHRY7A_Xbam2C6cLAB2cDlNHuPFb2I2z5-2Uh3UEPOkCKP6pMwPyJpPAY49cqUEtZvpuUOXq-BEAc/w640-h332/JM.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>President John Mahama.&nbsp;</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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
ministries from 30 to 23. In an executive instrument signed by the President,
23 ministries of the civil service have been established. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">This is a significant move aimed at streamlining
government operations and enhancing efficiency and as part of efforts of the
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>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Finally, this decision is part of his broader strategy
to create a leaner and more effective government structure.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">And per the below executive instrument, the Ministries of Information, National Security, Parliamentary Affairs, Railway development, Sanitation &amp; Water resources and Public Enterprises have been scrapped.</span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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.&nbsp;</span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">President Mahama has also created a new ministry for Youth Development and Empowerment.</span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;"><b>Below is a copy of the Executive Instrument:</b><o:p></o:p></span></p>
<iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1CUMWh2Hu74heQXf18_65uhlKLbvXO2Tq/preview" width="640"></iframe>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibdRUAwT2CCfFuu__Tz5Hj0Op0x2Y-SQtHO3PoBqsHmWhCi6tYMeA1yJy81m3FXWt9ThSCJt0qvJUw9lETkxTWMIk7fgwH3Cz-uhKWYiH3SI_ZQD4mOaUuDVKGcaxmQySqMH6fQvNraZ55TvR4lKXBqQEBJNHAKoTjcEJcwjIYoi5_uZY7u2WA_EJL-mo/s750/cassiel-ato-forson-in-parliament-750x375.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Ghana to seek more IMF support – Ato Forson." border="0" data-original-height="375" data-original-width="750" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibdRUAwT2CCfFuu__Tz5Hj0Op0x2Y-SQtHO3PoBqsHmWhCi6tYMeA1yJy81m3FXWt9ThSCJt0qvJUw9lETkxTWMIk7fgwH3Cz-uhKWYiH3SI_ZQD4mOaUuDVKGcaxmQySqMH6fQvNraZ55TvR4lKXBqQEBJNHAKoTjcEJcwjIYoi5_uZY7u2WA_EJL-mo/w640-h320/cassiel-ato-forson-in-parliament-750x375.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Cassiel Ato Forson, Minister of Finance designate.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Ghana’s new government could seek extra funding from
the International Monetary Fund during its current, three-year programme with
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
Ato Forson said on Thursday.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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
office this week after beating the ruling party candidate in December’s
election, picked the former minority leader in parliament to serve in the key
post of finance minister.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“We are committed to work with the IMF, but we also
want to ensure that we can raise financing; additional finance, working with
IMF and other domestic, international partners,” Forson, told reporters, ahead
of a meeting with an IMF team that is currently visiting Accra.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“The reliance on Treasury bills and others has not
been very helpful,” said Forson, who also served as a deputy finance minister
before.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The IMF did not immediately respond to a request for
comment.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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
university, said the new administration would also cut public spending to help
lower inflation further.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“There is a lot of wastage in the system, and we will
cut them,” he said, adding that the move will also help the government to
restart domestic bond issuance by mid-year.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The West African gold and cocoa producer defaulted on
most of its external debt in 2022, leading to a painful restructuring which is
at its tail end.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Mahama’s government would conclude the process by
striking a deal with its non-Eurobond commercial creditors, Forson said.<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">REVISITING
IMF DEAL<o:p></o:p></span></b></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The new president, who previously occupied the office
in 2012-17, had pledged to renegotiate the terms of Ghana’s bailout deal with
the IMF during the campaign.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">But market participants have taken the view he had
limited room for manoeuvre and was unlikely to abandon the current IMF
programme in spite of that campaign rhetoric.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">His promise mirrored those of other reformist
candidates elected into office in emerging markets last year, including Sri
Lanka’s Anura Kumara Dissanayake, who rode on a promise of reconsidering the
terms of an IMF programme and debt restructuring.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Mahama has pledged to swiftly assemble a government
able to rapidly address growing discontent by boosting the economy and creating
jobs.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">He also picked John Abdulai Jinapor to serve as energy
minister and Dominic Akuritinga Ayine to the post of attorney general and
justice minister, the presidency said on Thursday.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The new government has inherited an economy emerging
from its worst crisis in a generation. Ministerial nominees have to be approved by Parliament, where Mahama’s National
Democratic Congress (NDC) party holds a two-thirds majority.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Forson pledged to overhaul the management of the
crucial cocoa sector, which has been facing challenges in recent years.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“We need to look at the issues of funding, diseased
crops and production very well. The whole sector needs an overhaul,” he said.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Forson was charged in connection with the loss of
public funds through an ambulance supply deal when he was deputy finance
minister, before being acquitted by the courts.<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhOx8mqUkB_enKJp0B9OkjDHmBz-BTo0u602CQN0Ej6JJ-4qh_N2xFBA3dcQBlWMsOXm-cVIfRcaRMUpH8Nv1QNRX1ck4fW_rZ6uF1DaewQ8cEYIEOaIOQ_Du5XkDA408rlsuE2-rcDK_BJ5rr4at-cBuQb1YLFeQ1dXaz7Ogt-LyQpACvjfmOnEFSQLY/s300/72349608.295.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Investigate 2020, 2024 electoral killings – Mahama directs IGP." border="0" data-original-height="200" data-original-width="300" height="331" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhOx8mqUkB_enKJp0B9OkjDHmBz-BTo0u602CQN0Ej6JJ-4qh_N2xFBA3dcQBlWMsOXm-cVIfRcaRMUpH8Nv1QNRX1ck4fW_rZ6uF1DaewQ8cEYIEOaIOQ_Du5XkDA408rlsuE2-rcDK_BJ5rr4at-cBuQb1YLFeQ1dXaz7Ogt-LyQpACvjfmOnEFSQLY/w640-h331/72349608.295.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Dr George Akuffo Dampare (Left) and&nbsp;President John Dramani Mahama (Right).</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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
Inspector General of Police (IGP), Dr George Akuffo Dampare, to immediately
initiate investigations into the deaths of eight Ghanaians during the 2020 and
2024 general elections.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">In a statement issued on January 10, the President’s
Executive Secretary, Calistus Mahama, stressed the importance of ensuring
justice is served in order to uphold accountability.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“I have been instructed by H.E. John Mahama, to
formally request your office to initiate immediate investigations into the
tragic deaths of Ghanaian citizens during the 2020/24 general elections. These
incidents, which occurred in various parts of the country, have left a lasting
scar on our democratic process, and it is imperative that justice is served for
the victims and their families.”<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Additionally, the President requested the IGP to
establish a dedicated Investigative Taskforce with the Criminal Investigative Department&nbsp;(CID)
to focus solely on these killings.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Mr Mahama also asked the IGP to investigate the role
and actions of security personnel deployed at the affected polling stations to
determine their involvement or oversight.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“To ensure the investigations are comprehensive and
transparent, we respectfully propose the following: 1. Establishment of a
Dedicated Investigative Taskforce: Form a special taskforce within the CID to
focus solely on these cases, ensuring undivided attention and efficient
handling of this matter.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“2. Collaboration with Witnesses and Families: Conduct
thorough interviews with eyewitnesses, victims’ families, and other relevant
individuals who may provide crucial information.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“3. Review of Electoral Security Arrangements:
Investigate the role and actions of security personnel deployed at the affected
polling stations to determine their involvement or oversight.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“4. Use of Forensic Evidence: Employ advanced forensic
techniques to analyze any physical evidence from the crime scenes, including
bullet casings, weaponry, and other materials.”<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;"><b>Full Statement below:</b></span></p>
<iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1CUaDuU7fVU8eskiNdZPBzzzkX7aiscnH/preview" width="640"></iframe>
<iframe allow="autoplay" height="480" src="https://drive.google.com/file/d/1CF2w_P9iDpOyNHZgXOVQ4mFe6_LRw-3O/preview" width="640"></iframe>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
<div class="blog-post hentry index-post">
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<a class="post-image-link" href="https://ghananews.hrforum.uk/2025/01/otumfuo-sensed-mahamas-election-2024-victory-951.html">
<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" />
</a>
<span class="post-tag index-post-tag">
Politics &amp; Governance
</span>
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<div class="post-info">
<h2 class="post-title">
<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>
</h2>
<div class="post-meta">
<span class="post-author"><a href="https://www.blogger.com/profile/17830849078098433822" target="_blank" title="HR Forum Media">HR Forum Media</a></span>
<span class="post-date published" datetime="2025-01-10T14:43:00Z">January 10, 2025</span>
</div>
<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>
<a class="read-more" href="https://ghananews.hrforum.uk/2025/01/otumfuo-sensed-mahamas-election-2024-victory-951.html">Read more</a>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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 & Governance"/><title type='text'>Otumfuo sensed Mahama’s election 2024 victory – Ex minister.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRuWRnEAASeyRvZjqMWNqBrrob0Nz_6eHg-JF7zfWQTxYotKvfuF2RNj99K7YOiu4fDepDQY7o1jVaurcOzYOtphtemLq9YjcMNmsCtqwITs8lRpoA2fvd7OJm5eWatXqiTulz_bw3vDnQuk5vtKuPHzw5FxsZJd54jkCXb3hZtTMLEeEtytcn3fp62tA/s300/98279663.295.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Otumfuo sensed Mahama’s election 2024 victory – Ex minister." border="0" data-original-height="200" data-original-width="300" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRuWRnEAASeyRvZjqMWNqBrrob0Nz_6eHg-JF7zfWQTxYotKvfuF2RNj99K7YOiu4fDepDQY7o1jVaurcOzYOtphtemLq9YjcMNmsCtqwITs8lRpoA2fvd7OJm5eWatXqiTulz_bw3vDnQuk5vtKuPHzw5FxsZJd54jkCXb3hZtTMLEeEtytcn3fp62tA/w640-h360/98279663.295.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Otumfuo Osei Tutu II (Left) and John Dramani Mahama (Right).</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Former Ashanti Regional minister, Samuel Sarpong, has
revealed that prior to the 2024 general elections, Otumfuo Osei Tutu II, the
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
developmental agenda of the Ashanti region to guide him in his administration.</span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">According to Sarpong, the manifesto was presented when
Mahama paid a courtesy call on the Asantehene during his campaign period.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Sarpong explained that Otumfuo had high hopes for
Mahama winning the elections, hence the book was given to him to prepare ahead
in terms of how he would develop the region.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">He also added that Mahama would prioritize all
projects in the Ashanti region that the outgoing government under former
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>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Speaking in an interview with Oyerepa TV on January 7,
2024, he stated, “President Mahama has Asanteman in his heart. If you look at
how Ashantis voted for him, it means that he has to also reward us in all ways
that he can.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“But even before that, when he came to Kumasi to greet
Otumfuo, Otumfuo gave him a certain book which contains the vision of
Asanteman, like the manifesto of Ashanti. Because he believed in Mahama winning
the election, he gave him the book to guide him on how to develop the Ashanti
region.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“So, he accepted the book and assured him that he will
make sure Ashanti develops and all projects that the NPP couldn’t complete, he
will do so and begin new ones.”<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizgDBNmQRJ_8TZzI6-TfjZ6y7LUgtE3_QA1-4jY_9aypQak-acLiFA1gQ35QEqkZJbadxfyXUICvSqlSdIGyfsq2JJhu-irdAnvFWJshJUAblm73xh4_oWp1Gh3RNoBxjB7mUBzXkf67zRk7caPGBpCjx08s_QMGnSAVtGA0ItGRL0arNtpU0gWtIBQmw/s750/tech-committee-750x375.jpg" style="margin-left: auto; margin-right: auto;"><img alt="WAPCo delays pipeline maintenance to prevent power crisis." border="0" data-original-height="375" data-original-width="750" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizgDBNmQRJ_8TZzI6-TfjZ6y7LUgtE3_QA1-4jY_9aypQak-acLiFA1gQ35QEqkZJbadxfyXUICvSqlSdIGyfsq2JJhu-irdAnvFWJshJUAblm73xh4_oWp1Gh3RNoBxjB7mUBzXkf67zRk7caPGBpCjx08s_QMGnSAVtGA0ItGRL0arNtpU0gWtIBQmw/w640-h320/tech-committee-750x375.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>WAPCo delays pipeline maintenance to prevent power crisis.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The West African Gas Pipeline Company (WAPCo) has
agreed to postpone its planned pipeline maintenance by two weeks, averting an
imminent power crisis in Ghana.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">This decision comes after intense negotiations led by
a technical committee established by Chief of Staff Julius Debrah to tackle the
looming energy challenge.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The maintenance, initially scheduled to commence this
week, was flagged by the Ghana Grid Company (GRIDCo) as a significant threat to
the country’s electricity supply.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">GRIDCo warned that ongoing fuel shortages for thermal
plants, combined with the disruption in gas supply from the pipeline, would
severely cripple Ghana’s power generation capacity.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">At a high-level meeting involving WAPCo
representatives, GRIDCo officials, and the technical committee, the
stakeholders deliberated on the potential impact of the maintenance on the
national grid. Concerns were raised about the possible reintroduction of power
outages, which could disrupt businesses and households across the country.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Following the discussions, WAPCo agreed to delay the
maintenance to allow authorities more time to secure alternative fuel supplies
and stabilize electricity generation.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;"><b>Background on the Maintenance and Fuel Crisis</b><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">WAPCo’s pipeline plays a vital role in transporting
natural gas from Nigeria to Ghana, Togo, and Benin. The scheduled maintenance
is crucial for the pipeline’s safety and efficiency.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">However, Ghana’s reliance on gas for powering its
thermal plants means any disruption can have severe implications for electricity
supply.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Additionally, the country is currently grappling with
a fuel supply deficit, which has further strained the power sector. Efforts are
underway to import additional light crude oil and liquefied natural gas (LNG)
to mitigate the impact of the gas supply shortfall.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The government and relevant stakeholders are working
to expedite fuel imports and finalize contingency plans to maintain power
supply during the eventual maintenance period.<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
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<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" />
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<h2 class="post-title">
<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>
</h2>
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<span class="post-author"><a href="https://www.blogger.com/profile/17830849078098433822" target="_blank" title="HR Forum Media">HR Forum Media</a></span>
<span class="post-date published" datetime="2025-01-09T14:25:00Z">January 09, 2025</span>
</div>
<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>
<a class="read-more" href="https://ghananews.hrforum.uk/2025/01/ghana-ranks-second-in-global-imf-poverty-loans-949.html">Read more</a>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4FrfRNEMdsa-7UiGVPT4N980a6LfD9NLtuVBHYy9ul7TQn9olIOzYCMB7NeIzlJc5IcRotByTJbACBXiuC1-4Ln3UXwowcLxOerxMetp7hY9OtCclA-jgmW0dIfidiyjeIx-FUb3E0EgZY0cWmCA6iWxkeZeHxUYyA9GwnwRUNTSB4QXQRInos_6rqWA/s750/IMF-Jpeg-750x375.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Ghana ranks second in global IMF poverty loans." border="0" data-original-height="375" data-original-width="750" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4FrfRNEMdsa-7UiGVPT4N980a6LfD9NLtuVBHYy9ul7TQn9olIOzYCMB7NeIzlJc5IcRotByTJbACBXiuC1-4Ln3UXwowcLxOerxMetp7hY9OtCclA-jgmW0dIfidiyjeIx-FUb3E0EgZY0cWmCA6iWxkeZeHxUYyA9GwnwRUNTSB4QXQRInos_6rqWA/w640-h320/IMF-Jpeg-750x375.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>The International Monetary Fund (IMF)</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Ghana ranks as the world’s second country indebted
under the International Monetary Fund (IMF) Concessional Lending and Debt
Relief Trust.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The country holds an outstanding exposure of 2.242
billion Special Drawing Rights (SDR) representing 17% of the total borrowings
from the IMF.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">This is captured in the IMF’s&nbsp;latest financial
statements and quarterly reports&nbsp;ending October 31, 2024.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Specifically, the facility classified under
concessional lending is offered at low interest rates, with the Poverty
Reduction and Growth Trust (PRGT) providing financial support to low-income
countries on favourable terms within one to three years.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Ethiopia emerged first with an IMF debt of 2.256
billion SDR, while Zambia placed third with an SDR indebtedness of 1.272
billion.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Following in fourth and fifth positions were Kenya and
Ivory Coast, respectively. The remaining SDR (44 %) were owed to the IMF by
other countries.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">In terms of regional breakdown of the outstanding
poverty loans, Africa held a chunk amounting to 78% percent.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The least regional receiver was Europe. It accounted
for only one percent.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Ghana along with Zambia, has defaulted on its debt
obligations compelling both countries to seek financial assistance from the
Fund.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">In particular, Ghana in 2023 turned to the IMF for
economic assistance amid severe financial challenges.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">A $3 billion bailout was approved under the IMF
Extended Credit Facility (ECF) to help stabilize the economy.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Ghana has so far received $1.92 billion from the
program with the outstanding tranches expected in the coming months.<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></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><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-6801255942972405857</id><published>2025-01-09T13:42:00.000+00:00</published><updated>2025-01-09T13:42:18.026+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics & Governance"/><title type='text'>Bagbin refers first ministerial nominees to Appointments C'ttee.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8qryr1HyDqyeZjbipuPj8NC0NcZ6HVMkleg5LU9CU8ChSfu3fX3kHD7moFgZVHHPNH5Hrzbz590M1glX1UaFD3GkoQUr0AJJV7Wn1VGkazcvBSJUaRe62X6tr_3xAWhDmhZY5Gpbr7As80KMCrsSkalNfrhsilt3c_J8qGFTAYRKbEy-rjC0OQBACMq8/s474/OIP.jpg" style="margin-left: auto; margin-right: auto;"><img alt="Bagbin refers first ministerial nominees to Appointments Committee." border="0" data-original-height="299" data-original-width="474" height="327" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8qryr1HyDqyeZjbipuPj8NC0NcZ6HVMkleg5LU9CU8ChSfu3fX3kHD7moFgZVHHPNH5Hrzbz590M1glX1UaFD3GkoQUr0AJJV7Wn1VGkazcvBSJUaRe62X6tr_3xAWhDmhZY5Gpbr7As80KMCrsSkalNfrhsilt3c_J8qGFTAYRKbEy-rjC0OQBACMq8/w640-h327/OIP.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>Alban Bagbin, Speaker of Parliament.</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The Speaker of Parliament, Alban Bagbin has referred
three ministerial nominees to the <a href="https://ghananews.hrforum.uk/2025/01/bernard-ahiafor-chairs-parliaments-appointment-committee-946.html">Appointments Committee</a> for consideration and
report.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The nominees include Dr. Cassiel Ato Forson as
Minister-Designate for Finance, John Jinapor as Minister-Designate for Energy,
and Dominic Ayine as Attorney General and Minister-Designate for Justice who
were named by President John Dramani Mahama.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“I have received on your behalf a message from the
office of the President, dated January 9, 2025. Hon. members I will accordingly
refer the nominees to the Appointments Committee for consideration and report
to the house, it’s so referred.”<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">The Minority Chief Whip, Frank Annoh-Dompreh in response
urged the nominees to prepare adequately to appear before the Appointments
Committee for vetting.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“We want to caution your nominees to come prepared. It
is not going to be business as usual so they should come prepared. I hope you
will be prepared if you appear before the appointment committee.”</span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;"><b>A copy of the statement from the presidency below:</b></span></p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
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<a class="post-image-link" href="https://ghananews.hrforum.uk/2025/01/i-can-appoint-only-60-ministers-many-will-be-disappointed-947.html">
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Politics &amp; Governance
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<a href="https://ghananews.hrforum.uk/2025/01/i-can-appoint-only-60-ministers-many-will-be-disappointed-947.html">I can appoint only 60 ministers, many will be disappointed.</a>
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<span class="post-author"><a href="https://www.blogger.com/profile/17830849078098433822" target="_blank" title="HR Forum Media">HR Forum Media</a></span>
<span class="post-date published" datetime="2025-01-09T13:11:00Z">January 09, 2025</span>
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<p class="post-snippet">President John Dramani Mahama President John Dramani Mahama has acknowledged the challenge of appointing only 60 ministers amidst thousands of CVs…</p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p><div class="blogger-post-footer">Copyright © 2020-2025 HR Forum News. All rights reserved.</div></content><link rel='replies' type='application/atom+xml' href='https://ghananews.hrforum.uk/feeds/6801255942972405857/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://ghananews.hrforum.uk/2025/01/bagbin-refers-first-ministerial-nominees-to-appointments-committee-948.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/6801255942972405857'/><link rel='self' type='application/atom+xml' href='https://www.blogger.com/feeds/1856327090244980681/posts/default/6801255942972405857'/><link rel='alternate' type='text/html' href='https://ghananews.hrforum.uk/2025/01/bagbin-refers-first-ministerial-nominees-to-appointments-committee-948.html' title='Bagbin refers first ministerial nominees to Appointments C'ttee.'/><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/AVvXsEh8qryr1HyDqyeZjbipuPj8NC0NcZ6HVMkleg5LU9CU8ChSfu3fX3kHD7moFgZVHHPNH5Hrzbz590M1glX1UaFD3GkoQUr0AJJV7Wn1VGkazcvBSJUaRe62X6tr_3xAWhDmhZY5Gpbr7As80KMCrsSkalNfrhsilt3c_J8qGFTAYRKbEy-rjC0OQBACMq8/s72-w640-h327-c/OIP.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1856327090244980681.post-3120454478900519361</id><published>2025-01-09T13:11:00.003+00:00</published><updated>2025-01-09T14:31:03.756+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Politics & Governance"/><title type='text'>I can appoint only 60 ministers, many will be disappointed.</title><content type='html'><p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKkC7uUF9k9FLP-4A7-g5CZ5o7oYikP4m-fQuhK-Xi45D44lY1_IM_homVZvURRQybyDwQ11FJu4E3leBdI9kztON6-yA5KAl5QjLi6AcybtC0Z_NQ5dXksg9z5Spc_ZquJowwIEYNlsg4ATrPWcRE1aIwh6XSo3_3Mqw_ttiGJml_DKMpLux02hHxYpw/s2048/472771827_1152298269585237_7094239356242261865_n.jpg" style="margin-left: auto; margin-right: auto;"><img alt="I can appoint only 60 ministers, many will be disappointed." border="0" data-original-height="1462" data-original-width="2048" height="353" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKkC7uUF9k9FLP-4A7-g5CZ5o7oYikP4m-fQuhK-Xi45D44lY1_IM_homVZvURRQybyDwQ11FJu4E3leBdI9kztON6-yA5KAl5QjLi6AcybtC0Z_NQ5dXksg9z5Spc_ZquJowwIEYNlsg4ATrPWcRE1aIwh6XSo3_3Mqw_ttiGJml_DKMpLux02hHxYpw/w640-h353/472771827_1152298269585237_7094239356242261865_n.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: left;"><b><i>President John Dramani Mahama</i></b></td></tr></tbody></table><p></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; 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 acknowledged the
challenge of appointing only 60 ministers amidst thousands of CVs submitted by
hopeful candidates.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Speaking at the Presidential Dinner in Accra on
Wednesday, January 8, he stressed the importance of assembling a capable team
to fulfil the promises made to Ghanaians.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“I have hit the ground running,” Mahama said.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“Today, I had several meetings with all our key, multilateral
and bilateral partners to try to see how we can kick start things to make the
lives of our people better, to look at issues to do with the economy and all
that. And so, I expect that all of us who would have a role to play would also
be the same.”<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">President John Dramani Mahama <a href="https://ghananews.hrforum.uk/2025/01/video-the-full-inaugural-speech-of-president-john-mahama-945.html">highlighted the difficulty of his task</a> and the high expectations of Ghanaians for a leaner
government.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“You wouldn’t want to be in my shoes when you’ve
promised to appoint only 60 ministers, yet thousands of people are sending in
their CVS. Then maybe some people will be disappointed,” he further remarked.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">Despite the challenges, Mahama reassured the public
that contributing to the success of the administration extends beyond
ministerial appointments.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“The success of this administration will secure us
another term, perhaps under a different leader. But we must get this right so
that Ghanaians can continue to have confidence in us,” he said.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">He further emphasised the importance of learning from
the mistakes of the previous administration to ensure a more effective and
trusted government.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="en-GH" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%;">“Ghanaians punished the NPP for arrogance, for
incompetence, and just for not listening to what their cries and challenges
were. There’s no use fighting for political power if we are coming to repeat
the same mistakes that the NPP did and so that’s why I’m a bit concerned.”<o:p></o:p></span></p>
<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Video below:</span></b></p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Also Read:</span></b></p>
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Politics &amp; Governance
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<a href="https://ghananews.hrforum.uk/2025/01/bernard-ahiafor-chairs-parliaments-appointment-committee-946.html">Bernard Ahiafor chairs Parliament’s Appointment committee.</a>
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<span class="post-author"><a href="https://www.blogger.com/profile/17830849078098433822" target="_blank" title="HR Forum Media">HR Forum Media</a></span>
<span class="post-date published" datetime="2025-01-09T12:53:00Z">January 09, 2025</span>
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<p class="post-snippet">Bernard Ahiafor chairs Parliament’s Appointment committee. Parliament has approved the composition of its Appointments Committee, which is tasked w…</p>
<a class="read-more" href="https://ghananews.hrforum.uk/2025/01/bernard-ahiafor-chairs-parliaments-appointment-committee-946.html">Read more</a>
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<p class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span lang="EN-US" style="font-family: &quot;Work Sans&quot;; font-size: 12pt; line-height: 107%; mso-ansi-language: EN-US;">Source: <a href="http://hrforum.uk">HR Forum News</a><o:p></o:p></span></b></p>
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