Sunday, 25 February 2018
Items filtered by date: July 2017

The first President of independent Zambia, Dr. Kenneth David Kaunda, has urged the President of the Republic, Nana Addo Dankwa Akufo-Addo, to continue to shine the torch of Africa, and help deliver the progress and prosperity for the longsuffering masses of Africans.

According to Dr. Kaunda, “your contribution as President can make a huge difference not only for Ghana, but for Africa and the world as a whole. Your becoming President of Ghana has come at a very remarkable time for Ghana and Africa.”

Dr. Kaunda made this known on Tuesday, 27th June, 2017, when President Akufo-Addo paid a courtesy call on him at his residence in the outskirts of Lusaka, as part of his 3-day official State Visit to Zambia.

Recollecting the role Ghana played through its first leader, Dr. Kwame Nkrumah, in helping Zambia gain independence from colonial rule, Dr. Kaunda urged all African leaders emulate this example and be each other’s keeper. 

“The Bible tells us to love your neighbour as yourself. That neighbour could come from another colour, origin or religion. They may even be from a different political party, but we are all brothers and sisters. We work together to do our part in God’s work. With love, we can overcome great challenges,” he said.

President Akufo-Addo’s visit to Zambia, he added, “nourishes the deep relationship that has been between us for a long time. We have collaborated in various fields of human relations. This visit can enable the governments and peoples of Ghana and Zambia expand and deepen co-operation in various areas of human endeavour.”

On his part, President Akufo-Addo explained his presence in Zambia necessitated him coming to pay his respects to and visit Dr. Kaunda, because he represents the symbol of the relationship between Zambia and Ghana.

“It was you and Dr. Nkrumah who forged that relationship between our two countries, and also worked to ensure the freedom of our continent. You are the icons of our proud generation – those who fought for our independence and freedom,” he said.

The President continued, “So long as you are alive, and somebody like me comes to Zambia, I have to come and pay my respects, see how you are doing and thank God for your life and for the contribution you have made for the independence and development of our continent.”

President Akufo-Addo underscored the importance of African leaders working together to achieve the common goal of development and improvement in the living standards of the African peoples.

“Our circumstances are the same, and we have to continue to work together, across these colonial boundaries, to ensure that the welfare and progress of our people across the continent are the guiding considerations for those of us who have been blessed with the privilege of political leadership,” he added.

President Akufo-Addo assured Dr. Kaunda that “we will continue to walk along the path of solidarity that you fashioned so many years ago. There is a lot that we can gain in the exchanges between our two countries, and I believe that, in the time of President Lungu and myself, we will work closely and assiduously to make sure that our peoples benefit from the relationship.”

The goals set by Dr. Kenneth Kaunda, the President added, have not changed – “the need for all of us to work together and defend our interests and make sure that, within the comity of the world, our voice can be heard loud and clear, defending and promoting the interests of our people.” 

Published in News & Stories

The President of the Republic of Zambia, His Excellency Edgar Chagwa Lungu, has reiterated his and the commitment of the Zambian people to developing strong bilateral ties and exploring areas of co-operation with Ghana, under the leadership of its President, Nana Addo Dankwa Akufo-Addo, to the mutual benefit of the two countries.

According to President Lungu, the margin of victory chalked by President Akufo-Addo in the 2016 election “was a true reflection of the confidence the people of Ghana have in your vision, and for that reason, we look forward to working closely with you during your tenure of office.”

The Zambian President noted further that “there are a lot of things you (Ghana) are doing in mining, agriculture, infrastructure development, amongst others, which can benefit Zambia, by being emulated. It is about common, good practices, Mr. President, and what you do better, we should not hesitate to emulate.”

President Edgar Lungu made this known on Tuesday, July 27, 2017, when he held bilateral talks with the Ghanaian President and his delegation, at the commencement of the 3-day official State Visit by President Akufo-Addo to Zambia.

With the two countries having signed an agreement for the establishment of a Permanent Joint Commission on Co-operation (PJCC) to serve as the legal framework to address their trade and investment concerns, President Lungu bemoaned the non-implementation of this commission.

He, however, indicated that the PJCC will be given a new lease of life under his and the tenure of office of President Akufo-Addo, so as to ensure that “our Ministers will begin co-operating, and, henceforth, make the PJCC a living document.”

On the Ezulwini consensus, a position on international relations and reform of the United Nations agreed by the African Union in 2005, President Lungu was confident that the pioneering role played by President Akufo-Addo, then Foreign Minister of Ghana, in the fashioning of the document will be of invaluable to the cause of the AU.

“You were a pioneer, you were there. So as we go to the UN General Assembly in September, I am sure that Africa can count on you as an anchor,” he added.

President Lungu stressed that, “We want a prosperous Africa, which is integrated, united, peaceful and secured, and influential, not only in Africa but in the UN family.

“Regional integration is one aspect which will lead us to the Africa we want. Zambia is proud to be a member of SADC, and we are equally proud of the role that you (President Akufo-Addo) are playing in ECOWAS, in terms of peace keeping in the region, and trying to find common ground in improving co-operation and development of the African people we are privileged to look after.”

Strong relations between Zambia and Ghana

On his part, President Akufo-Addo thanked President Lungu for inviting him to visit Zambia, and thanked him for attending his inauguration on 7th January, regardless of the political upheavals that existed in Zambia at the time, as a result of a closely fought election.

With Ghana-Zambia relations spanning nearly six decades, President Akufo-Addo stated that “in our time we must continue to build on it”. The coming into full effect of the PJCC, he said, will be the means to strengthening the areas of co-operation in trade, agriculture, mining, investments, amongst others, between the two countries.

On the Ezulwuni consensus, President Akufo-Addo noted that “it is not right that we (Africa) continue to be marginalised on the Councils of the world. If, today, we make the decision to bring UN reforms back to the centre of the global agenda, I think it is an important thing to do. The G4 countries (Japan, Brazil, Germany and India) are ready to support the African position on UN reforms – the consensus that was fashioned in Ezulwini, some 12 years ago.”

To the Zambian President, President Akufo-Addo assured that his visit is to reciprocate the hand of friendship that you extended to Ghana, “and to be able to say that we are ready to go side-by-side with you in developing this new paradigm for our continent – democratic accountability, more rapid economic growth, focus on stimulating and empowering our various private sectors.”

This, in the view of President Akufo-Addo, “is the way forward for us to generate prosperity for our peoples in our time. That has to be the overriding concern – what we need to do to banish poverty on our continent. It continues to be an anomaly that we, who sit on the wealthiest resources, continue to be the poorest people in the world. That anomaly cannot continue.”

The co-operation and collaboration of African countries with each other, President Akufo-Addo, said is the way to overcoming Africa’s developmental hurdles and, thereby, bettering the lives of the African peoples.

Published in News & Stories

Ghana's President Nana Addo Dankwa Akufo-Addo, has reiterated that unless the economies of African countries industrialise, with the goal of adding significant value to its primary products, they cannot create the necessary numbers of good-paying jobs that will enhance the living standards of their peoples.

According to the President, “raw material producing economies do not create prosperity for their people. The way to that goal, the goal of ensuring access to prosperity, is value addition activities in a transformed and a diversified modern economy.”

President Akufo-Addo was speaking at the opening of the 53rd Zambia International Trade Fair, on Thursday, June 29, 2017, the last day of his official State Visit to that country, when he made this known.

Speaking on the theme “Innovation for Industrialisation”, the President stated that it is for this reason that one of the flagship programmes of his government is the “one district, one factory” initiative.

Through public-private partnerships, President Akufo-Addo told his Zambian audience that his government aims to establish at least one industrial enterprise in each of the 216 Districts of Ghana, and ensure that Ghana no longer becomes a retailer of cheap imported goods.

“The establishment of these factories will mean that each district becomes an economic growth pole, the centre for the creation of jobs, and, thereby, halt the phenomenon of rural-urban migration of our nation’s youth,” he added.

However, the process of value-addition to Africa’s raw materials, the President stressed, “starts with adding value to our human capital through an education system that provides every child with the skills to realize their full potential.”

Africa, he explained, needs a confident, educated workforce to be able to compete effectively in the global economy.

“This is why, for my part, I have made education one of the foundations of my vision to build a knowledge-based, industrialised economy in Ghana. Access to free, universal, quality, basic education is the key to participation in the new global economy,” he said.

Africa’s problems present us with opportunities

With Africa’s hopes for prosperity and attaining a proper place among the comity of nations remaining unfulfilled, President Akufo-Addo stated that the problems confronting the continent are largely the result of the failure of leadership.

“You could, if you were so minded, look on the extent of the problems that face our continent and region and feel overwhelmed. We should not be. These problems, in my view, present us, in Africa, with opportunities to bring progress and development to our continent,” he said.

He continued, “With the aid of science and technology, the promotion of enterprise, innovation and creativity, and the spread of democratic values, we can construct a new era of prosperity for all the peoples of Africa.”

President Akufo-Addo also stressed the crucial importance of small and medium scale enterprises to the economies of Africa, with nearly 95% of all businesses on the continent being small-scale enterprises.

“They are the heartbeat of our economy, and are at the core of Africa’s private sector. In every city, town, village or hamlet in our respective countries, these small and medium scale enterprises support the livelihoods of our communities. At the national level, they contribute significantly to our gross domestic product and taxes. Indeed, the survival of most countries on the continent is directly anchored in the success of small and medium-scale enterprises,” he added.

Promoting access to digital technology for SMEs, particularly for our youth, he stressed, will enable them realise their full potential, the ripple effects of which would see huge economic gains in the shortest possible time. 

In concluding, the President reiterated his conviction that Africa can engineer its transition from poverty to prosperity in a generation.

“We are determined to do that in our generation, and ensure that succeeding generations will be neither victims nor pawns of the international economic order,” he added.

Published in Business and Economy

Chairman of Etisalat Nigeria, Mr Hakeem Bello Osagie, has resigned his appointment following the approval of a restructuring plan for the telecommunications firm.

The Chairman of Etisalat Nigeria, Mr Hakeem Belo-Osagie, has resigned his appointment following the approval of a restructuring plan for the telecommunications firm.

The resignation is effective immediately, according to an insider source.

“Although the chairman had planned to leave immediately the banks made the take-over move, he opted to tarry until a road map for the company was finalised. The timing of the resignation was strategically delayed till now when stakeholders have agreed on a plan and come more than a week after Mubadala Development Company directors tendered their resignation.

The development also reflects Mr Belo-Osagie’s deep commitment to protecting the interest of all stakeholders. It is now expected that Etisalat Nigeria under its new shareholding structure will navigate through its current loan repayment challenge with minimum impact. “ the source added.

“Over the last several months, the chairman has worked extensively with critical stakeholders to prepare clearly articulated strategies and robust road maps that will mitigate the impact of the new shareholding restructuring and realignment on the operations and management of the 4th largest telecoms player in Nigeria.

With this development, the new board will assume control of Etisalat.

This is coming following interventions, which have been roundly applauded, from regulatory agencies, including the Nigeria Communications Commission (NCC) and Central Bank of Nigeria (CBN) and other stakeholders to ensure that the best decisions are taken in the interest of the subscribers, employees and the Nigerian economy.

Further announcements on the composition of the new board are expected from the stakeholders,” the source remarked.

Published in Business and Economy

Acting President Yemi Osinbajo on Friday approved the appointment of Mrs. Patience Oniha as the new Director-General of Debt Management Office (DMO).

The Minister of Finance, Mrs. Kemi Adeosun, announced the appointment in Abuja.

Oniha, from Edo State, takes over from the former Director-General, Abraham Nwankwo, who retired after serving for two terms of five years each.

The handover formalities took place in a brief ceremony held at the DMO office in Abuja.

The new DG contributed greatly to the success DMO achieved in the last 10 years.

She retired as a director in the agency and also served in the Efficiency Unit of the Ministry of Finance before her recent appointment as DMO chief executive.

Published in Headliners
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