Ghana reinforces ties with Japan …sign more cooperation agreements 4
Monday 08 May 2023 Issue No.46
A N E W THINKIN G
UN sinks US$517m into Ghana’s economic recovery
Ghana and the United Nations (UN) have signed the United Nations Sustainable Development Cooperation Framework (UNSDCF) agreement that will ensure the UN will deploy an estimated US$517m over the period around three key pillars of work; Inclusive Economic Transformation; Equitable Access to Services; and Durable Peace. It integrates work on key issues such as financing, the environment and climate, digitalisation, urbanisation, data for decision
making, and strengthened partnerships across all pillars. It also outlines the UN development system’s integrated contributions to the Sustainable Development Goals (SDGs) along with a commitment to leaving no one behind, a human rights-based approach, to Gender Equality and Women’s Empowerment, and to building resilience, sustainability, and strengthening accountability. Dr. Mohammed Amin Adam, Minister of State at the Ministry of Finance highlighted the substantial
Gold Rush in Sefwi-Esaase: A new joint venture brings state-of-the-art mining equipment and sustainable practices to Western Region 3
Women should work smarter, says Tucci Ivowi, addressing Hollard women 3
progress on the debt exchange programme, as well as on engagement with bilateral creditors to secure the necessary financing assurances required for the IMF Programme. “We welcome initiatives of the UN system on SDGs financing in areas such as the Integrated National Financing Frameworks and call upon the UN to support our need for technical assistance and capacity building in investment promotion and developing project pipelines and bankable
projects,” he added. He said government is aware of the impact of the Domestic Debt Exchange Programme (DDEP) on the domestic financial sector and steps are being taken to mitigate the impact of the DDEP on the financial sector by establishing the Ghana Financial Stability Fund, to among other things, provide solvency and liquidity support to eligible financial sector institutions which may be affected by the DDEP. 2
Tax Shorts -Let's talk data analytics Did you know that data-driven organisations are three times more likely to report significant improvements in their decisions around innovation, growth, and competitive advantage? Data analytics involves the review of data sets, making trends and using them to draw conclusions about the information they contain. Data has always been an important component when it comes to decision making. What has changed over the years, is the large volume of data that must be processed and the advanced rooms available to process this data to make sense and help in decision making. Essentially, data is as valuable as gold. From a business perspective, the rich variety of data that enterprises generate contain valuable insights and data 2
The power of entrepreneurs hip to reduce inequality in Ghana 4
Kimberly Coleman nourishes appetites – The journey Whiles the expression, "You are whom you walk with,” holds true to varying degrees, it is often used in an exaggerated manner to highlight the impact of the company we keep on our outcomes. However, Kimberly Coleman is undoubtedly a living example of the positive effects of the aforementioned statement. For as long as she can remember, she has always been thrilled by how combining multiple raw ingredients could be transformed into a sumptuous dish. Similarly, she has been fascinated by guessing what items went into the making of another. The passion would have amounted 2
to nothing if it were not for the influence of her grandmother – Mayfair Ako. As the Ghanaian food industry continues to see significant growth, with the restaurant sub-sector alone increasing at an annual rate of 20 percent over the last five years and is expected to continue at a similar pace over the next decade, Kim – as she is affectionately called – wants to contribute to the growth of the food industry. Her dream is to make her restaurant, ‘Kimberrys Café and Bakery’ a household name, not only a place to find good food but