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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

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    Finance professionals urged to develop strategies to boost ESG-driven business environment

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

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    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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SDF awards GHC 15.5 million grants to hospitality & tourism industry

bycitibusinessnews
June 19, 2014
in Business, Local Economy
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The Government of Ghana has received financial support of up to USD 60,000,000 from the World Bank and DANIDA towards the setting up and implementation of a Skills Development Fund (SDF), an initiative of the Government of Ghana and managed by the Council for Technical Vocational Education and Training (COTVET).

The SDF is a challenge fund addressing the skills and technology needs of business enterprises operating in both the formal and the informal sectors of the economy of Ghana. The Fund supports initiatives addressing the needs of continuous skills upgrading, technology acquisition and innovation, and market-oriented research and development. Among the key sectors of focus is the Hospitality and Tourism Sector.

Under its 4th Call for Proposals, SDF today grants totaling GHC 15.5 Million to six key stakeholder groups in the Sector. They include the Traditional Caterers Association, Tour Guides Association, Ghana Progressive Hotels Association, National Drinking Bar Operators Association, Car Rental Association and the Chiefs Association of Ghana.

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Beneficiaries are using the grants to upgrade skills in Health and Safety at work, adoption of best practices in hygiene, customer care, total quality management and HAZARD Analysis and Critical Control Points (HACCP)/ The grants, observed Mr. Matthew Dally, Project Coordinator and the Head of the COTVET Project Support Unit, will go a long way to increase the service quality of the beneficiary practitioners in the tourism and hospitality sector while increasing their capacity to adopt international best practices and boost their competitiveness.

cotvetHe mentioned that, under the Tourism Industry Training Project, SDF will provide up to GHC 16 million in grants to support various capacity building initiatives for members of the Ghana Tourism Federation, an umbrella body of various Business Associations in the local tourism industry.

The Minister of Tourism, Culture and Creative Arts, Mrs. Elizabeth Ofosu- Adjare, who chaired the brief ceremony which was held at the Conference room of the Ministry of Tourism, Culture and Creative Arts observed that, tourism is a major foreign exchange earner in Ghana, informing her Ministry’s commitment to develop the Human Resource within the private and public sectors to effectively promote tourism.

She reckons that, it is only when the skills and capacities of service providers within the Sector are upgraded to international standards that Ghana will be positioned to reap the full potentials within the tourism industry.

The occasion was attended by COTVET officials and representatives from the beneficiary organisations who signed their grant agreements to pave way for the disbursement of funds for implementing the various capacity building interventions across the country. According to Ato Simpson, SDF Manager at COTVET, 18,898 workers in the tourism sector will benefit from the innovative skills upgrading initiative which is being funded by SDF.

By June 2016, the Fund plans to disburse over US$ 60 Million to Ghanaians businesses and training institutions for skills upgrading and innovative technology acquisition which leads to enhanced productivity, competitiveness, profits and job creation.

 

Credit: COTVET

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Financing agric sector alone not enough to grow it – GIRSAL CEO

Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

Enterprise Group PLC records 37% rise in revenue in 2021

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