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    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

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    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

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    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    Our cars to sell for cheaper soon- locally assembled automobile companies

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    Ghana’s inflation rate rises again; hits 31.7% in July 2022

    Fitch downgrades Ghana’s credit rating from B- to CCC

    Ghana Mines Workers’ Union threatens industrial action

    Farmerline begins ‘Support a Farmer’ initiative to provide fertilizer to farmers

    Ghana likely to secure US$3 billion from IMF for economic support

    Tax incentive for young entrepreneurs-opportunities and challenges

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    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

    WAPCo commits to cleaner and reliable energy

    Government eyeing GH¢750m with new E-VAT policy

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    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

    Extend SIM card re-registration exercise to January 2023 – MoMo agents

    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

    PayAngel joins Microsoft for Startups Founders Hub

    Node 8, HTU hold first edition of Node X in Ho

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

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    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

    Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns

    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    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

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Tourism sector is key to implementation of AfCFTA – Chamber for Tourism

byMichael Ogbodu
July 7, 2021
in Top Stories
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The Chamber for Tourism Industry Ghana has stated that the sector is instrumental in the implementation of the African Continental Free Trade Area (AFCFTA) agreement.

Chief Executive Officer of the Chamber, Prince Ntiamoah Boampong stressed that “One of the sectors that will play a major role in this free trade is the tourism sector because when people travel to your country they will sleep, eat and move around, so the tourism sector will be one of the key conversations when it comes to AfCFTA”.

On the other hand, the tourism sector, one of the worst affected by the COVID-19 pandemic, continues to grapple with its impact.

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He added that a deliberate approach must be used to capitalise on the AfCFTA to revive the tourism sector.

“I know for sure that, now in Ghana, during the weekends, we have a lot of people flying from Nigeria to Ghana just for nightlife on Friday and leave on Sunday. How do we promote it? Can we have airlines that we’ll designate to go to Nigeria on Fridays at a discounted rate, so people can come and have nightlife in Ghana? We have to look at things from various angles.”

The AfCFTA is a trade agreement between 56 African States that seeks to remove various trade barriers to improve trade amongst member countries.

The agreement is arguably the largest in the world, with an estimated market of about 3 trillion dollars.

With its secretariat situated in the capital, Accra commenced operations on the 1st of January this year.

 

 

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