By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Interior Minister Muntaka swearing in Gaming Commission board to tackle betting issues.
    Ghanaian tomato traders caught in terror attack in Northern Burkina Faso, gov’t working to verify details – Interior Ministry
    February 16, 2026
    E/R Minister pays GHS 32K medical bills, shares chocolate with patients on Valentine’s Day
    February 16, 2026
    Defence Ministry delegation visits Kumasi stampede victim at KATH
    February 16, 2026
    Ghana elected first Vice-Chair of African Union at 39th Summit
    February 16, 2026
    Lordina Mahama champions support for women’s health, education, and empowerment at OAFLAD Summit
    February 16, 2026
  • Business
    BusinessShow More
    Automobile Dealers reduce vehicle prices by 15%, cite cedi stability and COVID-19 levy removal
    February 16, 2026
    Gov’t orders COCOBOD to pay cocoa farmers all outstanding debts with immediate effect
    February 12, 2026
    Gov’t reduces Cocoa producer price to GH¢41,392 per tonne following global market drop
    February 12, 2026
    Gov’t to lay new COCOBOD Bill for automatic pricing system; guarantee 70% FOB – Finance Minister
    February 12, 2026
    GoldBod Jewellery dissociates itself from ‘gold investment opportunity’, warns against fake platforms
    February 12, 2026
  • Politics
    PoliticsShow More
    Criminalising paternity fraud is “bad for our democracy” – Lawyer warns A-Plus
    February 14, 2026
    No raw mineral export by 2030 – Mahama declares
    February 14, 2026
    Ken Ofori-Atta permanently removed from INTERPOL Red Notice list
    February 13, 2026
    Mahama meets UN Chief, discusses African security and democracy
    February 13, 2026
    Ofosu Nkansah’s lawyer cautions politicians to be mindful of public statement following arrest of client
    February 13, 2026
  • Entertainment
    EntertainmentShow More
    Kojo Antwi: “I’m lucky to be born in Kwame Nkrumah’s Ghana”
    February 14, 2026
    I write my music with women in mind – Kojo Antwi
    February 14, 2026
    Kojo Antwi advises musicians to stay humble as they rise
    February 13, 2026
    I’m a ‘conscious African’; my career is built on cultural identity, pan-Africanism – Kojo Antwi
    February 13, 2026
    Kojo Antwi reflects on creative freedom, independent career on Starr Chat with Bola Ray
    February 13, 2026
  • Sports
    SportsShow More
    Accra Hearts of Oak stun Asante Kotoko 1-0 in Kumasi Super Clash
    February 16, 2026
    Cynthia Kwabi clinches Sheroes 2 title in commanding fashion
    February 16, 2026
    Police Ladies FC stun Southern Zone Leaders FC Epiphany in Matchday 13 clash
    February 16, 2026
    Mohammed Kudus’ Tottenham Hotspur names Igor Tudor as Interim Manager
    February 14, 2026
    Black Princesses set for Uganda showdown in final qualifying round
    February 14, 2026
  • Technology
    TechnologyShow More
    Yamoransa Model Labs Program Africa announces 5th Annual Impact Roundtable and Robotics Competition
    February 11, 2026
    Ghana, Zambia to partner on fintech and cybersecurity as AI fake news rises
    February 7, 2026
    GSTS and STEMQUEST: How an Alumni-Led Extracurricular Initiative is Redefining Technical Education in Ghana
    February 4, 2026
    IShowSpeed’s energy is on another level; he has to entertain followers nonstop – Wode Maya
    January 30, 2026
    A new layer of privacy five years in the making
    January 29, 2026
  • International
    InternationalShow More
    Interior Minister Muntaka swearing in Gaming Commission board to tackle betting issues.
    Ghanaian tomato traders caught in terror attack in Northern Burkina Faso, gov’t working to verify details – Interior Ministry
    February 16, 2026
    Ghana elected first Vice-Chair of African Union at 39th Summit
    February 16, 2026
    Lordina Mahama champions support for women’s health, education, and empowerment at OAFLAD Summit
    February 16, 2026
    Ghana to push for UN recognition of transatlantic slave trade as crime against humanity – Mahama
    February 16, 2026
    Mahama commissions $9.8m Ghana Chancery in Ethiopia, strengthens bilateral and continental ties
    February 16, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Let’s build productive capacities for a strong economy – Bawumia
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Business

Let’s build productive capacities for a strong economy – Bawumia

Starrfm.com.gh By Starrfm.com.gh Published October 5, 2017
Share
SHARE

Vice president Dr. Mahamudu Bawumia has stated that government is focused on building the productive capacities of Ghanaians in order to build a robust economy.

Dr. Bawumia observed that countries such as the United States of America, Canada, Singapore, South Korea and Mauritius among others have become models for developing nations because they made a concerted effort to develop the technological, intellectual and institutional capacities of their people.

He asserts that Africa has continued to suffer economic setbacks due to exploitation, failure to utilise export revenues for industrialisation and the lack of interest to improve the standard of education. He notes these among others contributed to a non-resilient, weak and undiversified economy.

“From the time of independence, we inherited a colonial economy. Our production system, infrastructural development and transport network, banking services, and even our education system were all organized to serve colonial needs and excluded the majority of the population.”

The Akufo-Addo government is therefore implementing policies to effect a paradigm shift from the past where the majority were excluded from fully participating in the economy or realising their full potential.

“What we have learnt from our past and the lessons from others worldwide must inform our paths to building a stronger, resilient, and inclusive economy. The idea of inclusion is critical. It represents a paradigm shift from the past where most of our population were excluded from fully participating in the economy or realising their full potential.

“Our view, as a government is that if you exclude most of your population in the manner we have done in the past, you will not be able to build a strong economy except for a few” Dr. Bawumia stated at the 3rd Advancement Lecture Series of the University of Cape Coast on Wednesday, September 04, 2017.

The lecture series was on the theme: “Developing stronger economies for the African continent: the missing link.”

The surest means to ensure inclusion, Dr Bawumia argues, is by educating majority of the population. “Our approach to building a stronger economy must begin with the ambition and commitment to intensify the development of our human capabilities. The recently introduced Free SHS signals government’s determination to ensure that the greatest number of our young people gain access to pre-university education.

“Education for all is imperative in a world of rapid technological innovations. It is inconceivable that children should be denied access to education at the early age of 12 simply because of their financial circumstances. Enriching our human capital must begin early if the young are to develop their skills of work, gain knowledge and deepen their thinking and creative skills for enterprise and innovations,” Dr. Bawumia said.

He added: “It is also for this same rationale that we are restoring the teacher and nursing training allowances this month and next.

“Another essential part of the inclusion agenda is the issue of an address system. We are going to launch a digital addressing system for Ghana in about two weeks. Our address system, which I believe will be the most advanced in the world, will make it possible to locate every person in Ghana. Even if you are standing in the middle of the Oti river, we can locate you,” Dr Bawumia added.

Dr. Bawumia also mentioned policies such as the Planting for Food and Jobs, One District One Factory, One Village One Dam, issuance of a national ID card, making it easier to obtain passports and drivers licenses or register businesses, and the paperless port system, as being part of the overall inclusion agenda to build the productive capacity of the Ghanaian economy.

Source: Ghana/Starrfmonline.com/103.5FM

You Might Also Like

Automobile Dealers reduce vehicle prices by 15%, cite cedi stability and COVID-19 levy removal

Gov’t orders COCOBOD to pay cocoa farmers all outstanding debts with immediate effect

Gov’t reduces Cocoa producer price to GH¢41,392 per tonne following global market drop

Gov’t to lay new COCOBOD Bill for automatic pricing system; guarantee 70% FOB – Finance Minister

GoldBod Jewellery dissociates itself from ‘gold investment opportunity’, warns against fake platforms

TAGGED:Bawumia
Share This Article
Facebook Twitter Email Print
Share
Previous Article I’ll beat Mahama – Bagbin
Next Article Of inflated project costs and lack of financing for road infrastructure… The big picture

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?