Business
Include re-establishment of national airline in ‘reset agenda’ …President Mahama urged

Published
2 months agoon

The Chief Executive Officer of Richardson Group of Companies, John Andrew Richardson, has called on President John Mahama to include the re-establishment of a national airline as part of his ambitious reset agenda.
As the founder of Oligarch Africa Ltd, Mr Richardson, a seasoned entrepreneur and leader in the travel and tourism industry, emphasised the profound impact a national airline could have on Ghana’s economy, tourism, and global image.
Reflecting on the legacy of Ghana Airways, established in the late 1950s by Dr Kwame Nkrumah, Mr Richardson in a statement highlighted its historical role as a symbol of national pride and progress.
“The national airline had its own fleet, including Douglas DC-9s and McDonnell Douglas
DC-10’s with weekly flights from Accra to cities such as; London, Paris, Zurich, New York,” he said.
Mr Richardson expressed his belief that reviving the spirit of Ghana Airways or forming a new national airline under a public-private partnership (PPP) agreement could yield immense benefits for the country.
According to him, a well-managed national airline could be a game-changer for Ghana’s economy.
“A new national airline will boost our tourism sector, enhance job creation and revenue generation. An efficient national airline will improve trade and connectivity by facilitating trade seamlessly ensuring the movement of goods, especially exports. It will also serve as a symbol of National identity and pride, projecting a positive image for the country globally,” he stated.
Mr Richardson further underscored the symbolic importance of a national airline, stating that it could project a positive image of Ghana globally.
“It will serve as a symbol of national identity and pride, strengthening our diplomatic ties by opening routes to strategic countries,” he added.
John Andrew Richardson is the CEO of Richardson Group of Companies.
In addition to its economic and cultural benefits, the seasoned entrepreneur pointed out that a national airline could enhance Ghana’s sovereign control over air travel policies, including security and route management.
This, he argued, would solidify the nation’s position in regional and global aviation markets.
In view of these reason, Mr Richardson appealed to President Mahama to incorporate this vision into the Reset Agenda, ensuring that the airline is not only reestablished but also efficiently managed under a PPP model.
“I believe the above sits well within your Reset Agenda, and if considered, Ghanaians will benefit immensely,” he asserted.
As the founder of Oligarch Africa Ltd, a premier international travel and tours agency, Mr Richardson’s advocacy stems from his deep understanding of the aviation and tourism sectors.
His call aligns with Ghana’s broader aspirations for sustainable economic growth and global connectivity
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All is set for the presentation of Ghana’s budget statement and economic policy by the Finance Minister, Cassiel Ato Forson to Parliament today.
This would be the new government’s maiden budget since ascending to the throne in January.
Ghanaians are highly optimistic that the budget would go a long way to cushion people.
They are expecting that the National Democratic Congress (NDC) government will keep it promise and remove the E-levy, Betting Tax, and COVID-19 levy among other tax cuts.
Additional, it is expected that some measures will be introduced to stabilise the local currency and some prudent ways to ensure food security to reduce food inflation.
Ahead of that the Finance Minister has organised national economic dialogue, engageg over 60,000 youths on X, and market women among others to seek their views.
By Edem Mensah-Tsotorme
Business
New BoG building: $230m paid to contractor, $31.8m outstanding – Dr Asiama

Published
3 weeks agoon
March 5, 2025
The new Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has revealed that the state under the previous Nana Akufo-Addo administration has paid $230 million to the contractor working on the new BoG building project, with an outstanding balance of $31.8 million still owed to the construction firm.
He disclosed that the total cost of the project has risen to $261.8 million, with the payments to the contractor being made as recently as February this year.
“As of February this year, a total of approximately $230 million has been paid towards the project, with an outstanding balance of $31.8 million still due to the contractor,” he stated in parliament on Wednesday, March 5.
Dr Asiama also noted that an additional $48.3 million has been paid in taxes and levies associated with the construction of the building.
In addition to the main building, Dr Asiama explained that several other facilities were part of the project, including an Integrated Communication and Computing (ICC) system and Network Infrastructure, which cost $8.6 million.
Other expenditures included integrated electronic security systems at $15.8 million and furniture and furnishings, which amounted to $11.1 million.
He emphasised that these investments are aimed at ensuring the Bank of Ghana operates in a secure and technologically advanced environment, in line with the needs of a modern central bank.
In November 2024, former President Nana Akufo-Addo officially inaugurated the facility to serve as the new headquarters of BoG.
The state-of-the-art facility designed to symbolise financial strength and modernity is situated in the heart of the national capital.
The new facility marked a historic milestone in the evolution of the country’s central bank, which has been a pillar of the nation’s economic independence since its establishment in 1957.
Source: Myjoyonline.com
Business
Charterhouse announces the Business Elevate Series with launch of ‘The Gastro Feastival’

Published
3 weeks agoon
March 5, 2025
Charterhouse, Ghana’s leading event management and audiovisual production company, is marking its 25th anniversary of delivering top-tier events with the introduction of an exciting new initiative: The Business Elevate Series.
This innovative series is designed to shine a spotlight on key economic sectors through a series of dynamic B2B and B2C events, including industry conferences, seminars, and exhibitions.
Kicking off the series is The Gastro Feastival, a groundbreaking annual food industry festival that will showcase Ghana’s rich and diverse food ecosystem and agribusinesses from production to consumption.
The launch event will take place on Friday, March 7, 2025, from 4:00 PM to 6:00 PM at the Grand Arena (Accra International Conference Centre).
This landmark event will bring together food industry stakeholders, enthusiasts, experts, and organizations to highlight the food industry’s critical role in Ghana’s socio-economic development and culture.
It will also promote food security, digital innovation, women’s empowerment, youth employment in agribusiness, and sustainable practices.
The Business Elevate Series is a game-changing initiative designed to foster growth and transformation across multiple sectors. With Charterhouse’s deep expertise in organizing impactful meetings, the series aims to unlock investment opportunities, drive innovation, and catalyze social and economic change.
The Gastro Feastival will address six major pillars that drive industry transformation: Investment Opportunities; Job Creation; Innovation, Technology, and Digitization; Youth Involvement (entrepreneurship and career opportunities); Women’s Involvement; Environmental and Social Governance (ESG); Export Opportunities
The event will also establish a Resource Bank, spotlighting key growth opportunities and ensuring the effective allocation of resources to transform Ghana’s food industry.
The Gastro Feastival is a Charterhouse initiative, with Kosmos Innovation Centre as the technical partner.

Declaration of Monday, 31st March 2025 and Tuesday, 1st April 2025 as Public Holidays

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