Day: April 16, 2023

Mr William Kpormatsi, a Parliamentary primaries aspirant in the Akatsi South Constituency of the Volta Region is to facilitate the establishment of a welfare fund, business support programmes to members of the National Democratic Congress (NDC) in the area.

Mr Kpormatsi, who is also a financial and business investment expert and Chief Executive of W-Life Ventures, has said the welfare fund, with seed money of GHC400,000,00 would be exclusive to party executives from the branch to constituency as well as party elders in the constituency to cater for their health, social and financial needs.

Mr Kpormatsi gave the hint in an interview with the Ghana News Agency ahead of the Saturday, May 13 Parliamentary and Presidential primaries.

‘This I believe, would be a way of showing appreciation for their service to the party.’

Mr Kpormatsi indicated that he would create another business support programme dubbed ‘Kpormatsi Business Support Programme’ with seed money of GHC 200,000 to support startups, and medium and small-scale businesses meant to empower all executives to become self-sufficient.

On the safety and security of individuals and businesses, Mr Kpormatsi said he would engage Chiefs, youth groups, security agencies, opinion leaders, the clergy, and Assembly members to deliberate extensively on finding a lasting solution to the high records of criminal activities in the area over the years.

‘Akatsi shall be noted for development and progress rather than the crime. Change is crucial,’ he said.

He also pledged to continue investing in education, health, agriculture, and others if given the nod to represent the NDC and the people of Akatsi South in Parliament.

Mr Kpormatsi, who is highly recognised for his benevolence over the years, is making a third appearance after two failed attempts.

He is among two other candidates namely, Lawyer Bernard Ahiafor, the incumbent Member of Parliament who is seeking a fourth term slot, and Mr Samuel Benedict Nugblega, Director of Human Resource at the Christian Health Association of Ghana (CHAG) who is also making his second appearance.

Source: Ghana News Agency

More than 500 delegates are expected from all over the world to participate in the 53rd General Assembly of the World Trade Centres Association (WTCA) in Accra.

The General Assembly (GA 2023) will entail conferences, networking cocktails, Business to Business matchmaking and field trips.

Mr Edem Kofi Yevutsey, the Executive Director of World Trade Centre, Accra, updating the media on preparations for the conference, said there would be business delegations from at least 14 African countries.

The event is on the theme: ‘Towards African Economic Integration and enhanced Global Presence.’

The GA is typically a meeting of World Trade Centres and their business delegations, who then come together to explore new partnerships and opportunities towards meeting the World Trade Centres Association’s objective of delivering prosperity through trade and investment.

World Trade Centre Accra is part of a global network of more than 300 World Trade Centres worldwide, and headquartered in New York.

He said the business participations from across Africa, Asia, America and Europe would make GA 2023 a truly global event, creating an immense opportunities for beneficial partnerships, global business development, brand exposure and networking.

‘Currently, close to 400 delegates have registered from 64 countries,’ he said.

He said participating entities/companies could expect to benefit from partnerships for business growth and economic development, foreign direct investment and actionable insights.

The Executive Director said the GA 2023 was unique because it was the first time the GA was being held in sub-Saharan Africa.

‘ It also marks the return to physical GA’s for the Association after the GA’s in 2021 and 2022 were held virtually due to COVID,’ he said.

Mr Yevutsey said GA 2023 was happening at a crucial time when the African market was undergoing amalgamation due to the Africa Continental Free Trade Area agreement.

He said GA 2023 would be the largest gathering of investors, business executives and public sector decision-makers in Africa.

Partners include Africa Continental Free Trade Area Secretariat, Africa Export and Import Bank, Ministry of Foreign Affairs and Regional Integration, Namibia Investment Promotion and Development Board, Netherlands Africa Business Council, United Airlines, Delta Airlines, Ghana Tourism Authority and World Trade Centres around the world.

Source: Ghana News Agency

Authorities charged with the fight against the sale of contraband petroleum products in the East region of Cameroon have raised concerns over the increase in the commercialization of the product.

A recent crackdown on dealers in the activity in that part of the country led to the confiscation of over 14,000 liters of illicit fuel, which authorities have said, accounts for the disruption of the production chain of petroleum products in Cameroon.

Health concerns constitute part of the worries raised. “Petroleum products are not supposed to be sold to consumers in containers and drums” Mr. Boussop, a member of the National Brigade for Petroleum Products in the East region indicates. He further discloses that the circulation is usually at its peak during weekends.

“During weekends, this activity intensifies,” the official says this makes them go as far as the Adamawa region in their control. “We go right up to Meiganga in the Adamawa region and Garoua-Boulai in the East region. Our aim is to completely solve this activity” Mr. Boussop notes.

As part of the measures taken already in the fight, a filling station in Garoua-Boulai has been sealed for selling contraband fuel. The authorities in the East region say moves of this nature will “help protect the government’s economic strategy”.

Source: Cameroon News Agency