Investment Times Newspaper | Issue 140

A NEW THINKING

THURSDAY 11 January 2024 Issue No.140

Traders union urge government to reduce import duty, other charges to stabilize prices of goods Ghana Union of Trader’s Associations (GUTA) is urging policymakers in goods and

services to reduce the cost of duty fees on goods, including shipping line charges, trans-

portation costs, and attributed the signifutility tariff icant increase in goods in the country regimes.

The

Association

2

Cedi expected to depreciate 8.4 percent to dollar this year- IC Research Cedi expected to depreciate 8.4 percent to dollar this yearIC Research The Ghana cedi is expected to lose about 8.4% in value to the US dollar in the retail market in 2024, IC Research has stated.

It foresees the mid-dollar rate 5

Central bank grants appro-val to 16 forex brokers for operationalization

The Bank of Ghana Exchange (FX) bro- Ghana Interbank December 31, 2024.

(BoG) has autho- kers to commence Forex Market effecrized 16 Foreign operations on the tive January 1 to 3

Inflation sets on a free fall, drops to 23.2percent in December 5

INTRODUCTION |

Thursday

January 11, 2023

Issue No.140

2

A NEW THINKING

Traders union want economic woes lessened!

to these charges and urged policymakers to reconsider such fees in order to stabilize the prices of goods and services.

Recently, the Minister of Trade and Industry, K.T Hammond, expressed dissatisfaction with the increasing prices of goods in the market, with a particular emphasis

on the cement.

price

of ther notes that businesses do not derive pleasure from unpreIn a press statement dictable price hikes dated January 8, and instead blames 2024, the Association the surge in the costs clarified that it does of doing business in not have control over the country as the pricing in a liberal- main factor behind ized economy, as the rising prices, embusinesses have the phasizing issues such autonomy to deter- as high tariffs, shipmine the prices of ping fees, transportatheir goods and ser- tion costs, and utility vices.

The Association fur-

Editor: Benson Afful 0545516133

tariff regimes as nopolies or engage in impacts on the final unfair business practices will not be tolerated, price of goods. and appropriate action For this reason, GUTA will be taken against stated that the minister those engaging in such should have engaged behaviour. with cement producers to find out the reason GUTA thus urge policyfor the increase before makers to address the publicly criticizing the issue of high costs and reduce unnecessary price hike. expenses to stabilize GUTA added that any prices. attempts to create mo-

TMRAARDKEE T | S | Thursday

January 11, 2023

Issue No.140

3

A NEW THINKING

Traders union urge government to reduce import duty, other charges to stabilize prices of goods

of Trade and Industry, K.T Hammond, expressed dissatisfaction with the increasing prices of goods in the market, with a particular emphasis Recently, the Minister on the price of cement. to these charges and urged policymakers to reconsider such fees in order to stabilize the prices of goods and services.

In a press statement dated January 8, 2024, the Association clarified that it does not have control over pricing in a liberalized economy, as business-

es have the autonomy should have engaged to determine the prices with cement producers of their goods and ser- to find out the reason for the increase before vices.

The Association further publicly criticizing the notes that businesses price hike. do not derive pleasure from unpredictable GUTA added that any price hikes and instead attempts to create moblames the surge in the nopolies or engage in costs of doing business unfair business practicin the country as the es will not be tolerated, main factor behind the and appropriate action rising prices, emphasiz- will be taken against ing issues such as high those engaging in such tariffs, shipping fees, behaviour. transportation costs, and utility tariff GUTA thus urge policyregimes as impacts on makers to address the the final price of goods. issue of high costs and reduce unnecessary expenses to stabilize For this reason, GUTA stated that the minister prices.

Central bank grants approval to 16 forex brokers for operationalization prior approval from the Bank of Ghana at the start of each year.

The FX brokers granted the authorization are Black Star Brokerage, CSL Capital, Fenics MD, ICAP Broking Services South Africa, Obsidian Archerner, Regulus, Sarpong Capital, Savvy Securities and Terika Financial Services Ltd.

This is in accordance Forex Market rules al FX Brokers who with section 3. 13. 1 of which provide that wish to operate in the Ghana Interbank local and internation- Ghana’s forex market are required to obtain !

The rest include Serengeti Limited, IC Securities, GFX Brokers, Laurus Africa, Shadeya Investments, Apakan Securities and SIC Brokerage.

The Central Bank stressed that it reserves the right to delist any authorized FX Broker for non-performance or non-compliance with the FX Act and the Interbank FX Market Conduct rules.

It also reminded the FX Brokers that they are shall not deal directly with a corporate entity; it shall not also buy or sell foreign exchange for its own account nor hold, borrow or lend foreign exchange to an authorized market participant.

B A N K I N G | Thursday A NEW THINKING

January 11, 2023

Issue No.140

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MARKETS |

FBNBank starts off 2024 with annual health walk Ghana and Best Bank in Banking Innovation, 2023 Marketing World Awards, Nairobi, Kenya and so on.

We also increased our footprints with a new branch at Abeka-Lapaz and launched the Akye Deposit and Win Promotion, which is ongoing."

FBNBank has started off 2024 with its annual health walk which has come to signify the Bank’s readiness to offer the best service to its customers and to deliver a great year with a passionate team committed to ensuring that they deliver the “You First” brand promise always.

FBNBank over the past years, has engaged in a health walk with active participation across all staff groups. This year’s walk covered a distance of 8 kilometres with the over 200 participants starting from the FBNBank Head Office through the Liberation Road to 37 Roundabout.

The team turned to the other side of the Liberation Road and continued from there to the Ghana Standards Authority traffic light near Shiashie.

Thereafter, the participants retraced their steps using the same route back to the

FBNBank Head Office.

They were supported by a brass band which spurred them on with exciting tunes across genres.

Speaking at the end of the Walk, Managing Director and Chief Executive Officer of FBNBank Ghana, Victor Yaw Asante, said, “embarking on this health walk together as a united FBNBank family is a powerful testament to our commitment to well-being and also how prepared we are to offer the best service to customers and clients. Just as each step contributes to our physical health, every step symbolizes our collective journey towards a healthier and a more resilient future. As we breathe in the fresh air of this new year, let's carry the spirit of unity, wellness, and shared purpose into every endeavor with the ultimate aim of delivering the best to our customers and !

clients.”

Mr. Asante further stated that FBNBank’s 2023 performance and achievements should serve as a base to build on, and he went on to enumerate the awards the Bank received.

“Last year, 2023, we had a number of highs for us as a brand and business. It is a great testament to our resilience and also to our passion for what we do,” he stated. In 2023, FBNBank Ghana was awarded the top position amongst financial institutions at last year’s Ghana Club 100 awards and ranked 10th best against its previous 55th position in the 2022 edition. This means FBNBank moved 45 places up the ladder in the overall company rankings.

FBNBank received other awards some of which are the Employee Empowerment Excellence Award, 5th Health, Environment, Safety & Security

Awards, Gold Award for Financial Services (Banking), 17th Ghana-Africa Business Awards, Bank of the Year, 2023 Ghana Business Standard Awards, Ethical Leadership Award, FBNBank MD/CEO, 2023 Ghana Business Integrity Awards, Ethical Business of the Year Award, 2023 Ghana Business Integrity Awards, Employee Welfare & Diversity Award, 2023 Ghana Business Integrity Awards, Ethical Financial Services Business of the Year Award, 2023 Ghana Business Integrity Awards, Corporate Governance and Leadership Ethics Award, 2023 Stellar Performance CEO Awards, Ghana, Banking Brand of the Year Award, 2023 Ghana Business Awards, Banking and Finance Institution of the Year, 2023 Corporate People’s Choice Award, Ghana, Best Organisation for Charitable Giving and Philanthropy, 2023 Sustainability and Social Investment Awards,

After the Walk, the participants engaged in an aerobics session after which they were offered some refreshments.

Some took the opportunity to network with customers and clients who joined the walk.

Others still engaged business-owners and passers-by on the Bank’s propositions, sharing with them the benefits of joining the FBNBank family.

FBNBank has, in its 27 years of operating in Ghana, remained focused on putting its customers and communities first. This it has sought to do through the rich value and excellence of what the bank contributes to the relationship with its stakeholders as a whole, particularly the customers.

FBNBank Ghana is a member of the First Bank of Nigeria Limited Group, which is renowned for its great customer service and general stakeholder engagement garnered in its almost 130 years of operation.

FBNBank Ghana has 24 branches, 4 service points and a network of agents with over 700 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

ECONOMY |

Thursday

January 11, 2023

Issue No.140

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A NEW THINKING

Inflation sets on a free fall, drops to 23.2percent in December For the fifth consecutive month, inflation has dropped, recording a rate of 23.2% for December 2023.

This means that in December 2023 the general price level was 23.2 percent higher than in December 2022.

According to the Con-

sumer Price Index (CPI) data released on Wednesday, January 10, food inflation stood at 28.7 percent and non-food inflation recorded 18.7 percent.

Inflation for locally produced items stood at 23.8 percent while inflation for imported items stood at 21.9 percent.

On the regional front, the Eastern region recorded the highest food inflation rate of 51.3 percent while the Upper East recorded the lowest food inflation rate of 18.8 percent.

Greater Accra placed 14th among the 16 regions recording a food inflation rate of 22.2 percent.

Cedi expected to depreciate 8.4 percent to dollar this year- IC Research to the cedi at ¢13.10.

The expected depreciation of the cedi will be far lower than the about 15.2% recorded last year.

“In full year 2024, we foresee the mid-US dollar Ghana cedi rate at ¢13.1/US dollar (-8.4% annual loss)”.

IC Research added that it expects improved fundamentals in 2024, as a result of expected multilateral inflows and appropriate monetary stance.

This will partly offset

election-related and external debt restructuring uncertainties.

The cedi enjoyed stability in December 2023, helped by the Bank of Ghana’s monetary squeeze, the US dollar weakness occasioned by the Federal Reserve’s dovish outlook, and $600.0 million from the COCOBOD syndicated loan.

“In line with our full year 2023 forecast, the mid-US dollar/Ghana cedi closed at ¢12.0/US dollar on the retail market, representing a 0.3%

month-on-month appreciation (-15.6% annual loss)”, IC Research pointed out.

Bloomberg neither classified the local currency in the ‘Best Spot Returns’ nor ‘Worst Spot Returns’ category in 2023.

It rather pegged the unit at ¢11.95 to the American greenback on December 29, 2023, the last day of trading in 2023. However, the forex bureaus sold the cedi at 12.18 to one US dollar.

A V I A T I O N | Thursday

January 11, 2023

Issue No.140

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A NEW THINKING

Emirates marks 20 years of contributing to Ghana’s success

Emirates, the world’s largest international airline, celebrates 20 years of service in Ghana. Since the inaugural flight in January 2004 at Kotoka International Airport using an A330-200 aircraft, Emirates has become a trusted transport partner that connects Ghana to the world and contributes to its vibrant economy and community.

Starting with three weekly flights in 2004, Emirates now operates a daily non-stop service between Accra and Dubai. Over the past 20 years, Emirates has transported over 2 million passengers between Accra and Dubai and its extensive network, facilitating tourism and business travellers.

The airline has oper-

ated close to 13,000 roundtrip flights, clocking 80.71 million kilometres during the same period.

In 2018, the airline showcased its commitment with a special A380 flight for the launch of Ghana's Terminal 3.

Emirates, through its Dubai hub, offers convenient connections to over 140 passenger and cargo destinations across six continents. The airline's efficient fleet of 249 passenger aircraft ensures award-winning comfort and service, including a three-class layout on the Boeing 777-300ER from Accra.

Some of the most popular outbound destinations to Accra include points in London and China along with cities like Canada, Delhi, !

Sydney, Singapore, and Istanbul. Top feeder markets for Accra include travellers from similar points in addition to Melbourne, Perth and South Korea.

Customer experience excellence Emirates' passengers can enjoy the best experience in the sky including Ghanaian-inspired meals and a vast entertainment selection from its ice system with more than 6,500 channels of carefully curated global entertainment content featuring movies, TV shows, music, podcasts, games, and audiobooks.

Premium class passengers and select Skywards members can enjoy lounge and chauffeur drive services before their

flights in Ghana. In Dubai, complimentary Chauffeur Drive service to and from the airport are available to its premium class customers who can also relax or catch up on work in one of its lounge facilities at Dubai International Airport.

Facilitator of trade The airline has also been a facilitator of trade between Ghana and the world, supporting local industries and businesses. With its vast cargo network and state-of-the-art facilities, Emirates SkyCargo has played a crucial role in global trade, enabling seamless transportation of goods, promoting trade lanes and stimulating economic development in the countries it operates to.

Emirates’ flights have uplifted more than

51,000 tonnes of cargo out of Ghana, with commodities exported ranging from fresh fruits, vegetables, perishables to precious metals. Top commodities frequently imported into Ghana include apparels, household goods, auto spares and vaccines in excess of 41,000 tonnes.

Supporting the community The airline's contributions extend beyond economics, as recognized by the Presidential Honour for Distinguished Service in 2023, for its efforts during the COVID-19 pandemic.

Emirates SkyCargo airlifted and distributed 62 tonnes of Covid-19 vaccine doses to Ghana during the pandemic.

Emirates also supported the transport of equipment donated by China’s Jack Ma Foundation to the Government of Ghana and operated 12 repatriation flights from Dubai to Accra, bringing back over 3,000 Ghanaian citizens, residents and others from over 31 cities seeking to return to the country from across its network.

Ghana holds a significant place in Emirates' African story, and Emirates takes great pride in the shared journey of the past two decades.

Whether facilitating trade, connecting families, showcasing Ghanaian cuisine, or empowering local businesses, Emirates has been a steadfast supporter and partner in Ghana’s success.

MARKETS |

Thursday

January 11, 2023

Issue No.140

7

A NEW THINKING

Market turnover declined by 30.69% week-on-week to GH¢840.6m

Trading activity declined further on the secondary bond market for Government of Ghana papers as investors took cautious positions in the first week of 2024.

Investors traded a total face value of GH¢840.63 million, representing a week-on-week decline of 30.69%.

volume traded was almost evenly spread across the yield curve, with each segment contributing about 32%.

Notably, the total

The front end of the

LCY yield curve declined for the fourth straight week to 15.29% (-221 basis points), while the belly advanced to 18.55% (+217bps).

Analysts expect inves-

tors to remain cautious as the market awaits the announcement of the December 2023 inflation and feedback from the official creditors’ committee meeting.

M A R K E T S | Thursday

January 11, 2023

Issue No.140

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A NEW THINKING

Stock market records mixed performance in 2023

The Ghana Stock Exchange market recorded a mixed performance in 2023, with composite index ending the year with a gain of 28.08 per cent, while the financial index ended the year with a year to date loss of 7.36 per cent.

The 28.08 gains made by the composite index represents a r e m a r k a b l e turn-around after making a loss of 12.38 per cent in 2022.

The Financial Stock Index, however extended its 2022 losses of 4.61% to 7.36% in 2023.

indicating a decline of 56.59 per cent and 50.11 per cent respectively, compared to the same period in 2022.

Despite a marginal 0.08 % decrease in the number of transactions, there was an increase in market capitalisation, rising by 14.55% from GH¢64.5 billion at the end of December 2022 to GH¢73.89 billion by the close of December 2023 The top gainers for the year were BOPP (187.58%), TOTAL (127.00%), UNIL (109.02%), GGBL (65.85%), and MTN (59.09%).

Volumes, value, and number of trades also GFIM saw a dip, compared to the figures record- The Ghana Fixed Income Market ed in 2022.

(GFIM) on the other The cumulative hand closed the year volume traded with a cumulative amounted to volume traded of 579,675,315, valued at 98.44 billion which is a 57.26% decrease GHS818.1 million,

from the 230.32 billion volume traded same million medium term notes and bond properiod in 2022. gramme.

At the close of the year, the bond market Constant Capital Limitrecorded a cumulative ed was admitted as a Dealing volume traded of Licensed 98.44 billion, reflect- Member of the Ghana ing a decrease of Stock Exchange in May 57.26% in comparison 2023. to the total volume In May 2023, the GSE traded of 230.32 and Global Reporting billion observed in the Initiative (GRI) organized a capacity-buildpreceding year. ing training workshop Additionally, the total for listed companies on number of trades for the GSE ESG Disclothe year declined by sures Guidance Manual, 24.36 per cent from ESG integration, and 528,188 trades in 2022 reporting using the GRI to 399,522 trades in Sustainability Reporting Standards (GRI 2023.

Standards).

Long-term Government securities The GSE collaborated accounted for 32.47 with the African Securiper cent of market ties Exchanges Associaactivity, while tion (ASEA) to organize short-term govern- a stakeholder engagement instruments con- ment workshop to take stituted 58.64 per Stock brokers, Fund Central cent, with corporate Managers, trades comprising Securities Depository, 8.89 per cent within SEC, and other market the year under review. players through the Exchanges GSE joined other African Stock Exchanges Linkage Project (AELP), around the world for which seeks to link all the “Ring the Bell for participating exchanges Gender Equality” to on a single platform for mark International cross-border trading.

Women’s Day. The day was marked with a The GSE in collaborapanel discussion on tion with the Young the theme “DigitALL: Investor Network, CenInnovation and Tech- tral Securities Depositonology for Gender ry, and other Partners launched the 'Youth Equality”.

Investment Education' Bayport Savings and campaign at the UniverLoans Plc listed the sity of Ghana Business The profirst series and School. tranche of Notes gramme impacted over issued under its newly 15,000 students across the country. established GHS500 GSE and its partners,

Bentsi-Enchil, Letsa & Ankomah, and Stanbic Bank Ghana hosted a Breakfast Meeting in July to discuss the benefits of a Commercial Paper Market for issuers and investors.

The GSE held its 33rd Annual General Meeting in September.

Pesewa One Plc announced its voluntary De-listing from the Ghana Alternative Market of the GSE. The Ghana Stock Exchange in collaboration with the World Federation of Exchanges (WFE), the International Organisation of Securities Commission (IOSCO), and other partners, hosted the 'Ring the Bell for Financial Literacy' program as part of World Investor Week in October.

The GSE marked its 33rd Anniversary by 'Ringing the Bell' with guests on the Trading floor of the Exchange in November, under the theme: 'Resilience and Adaptability: Thriving in Challenging Times.’

The GSE joined other Exchanges around the world in December at the inaugural WFE ‘Ring the Bell for Climate’ event, alongside COP28.

CalBank PLC, Benso Oil Palm Plantation PLC, and Guinness Ghana Breweries PLC were among the listed companies that shared their experience in addressing climate change.

P O L I T I C S | Thursday

January 11, 2023

Issue No.140

9

A NEW THINKING

I have served my constituents well - Adwoa Safo lenges she went through last year, she remains focused on pursuing her dreams for both the party and the people of Dome-Kwabenya.

“The task ahead of us is not easy and I will urge all Dome-Kwabenya NPP members and party enthusiasts to remain united, rally behind me, and together, let us work to deliver more for our people. In the area of education, we have done well. In the area of healthcare, our footprints are there for all to see; in terms of security, we have made great strides; in terms of infrastructure and social intervention projects, we have made headways. But there is more to be achieved and I will urge that all of us are guided by our utterances because after the primaries, we remain as one body to fight for a common purpose”, she underscored.

The New Patriotic Party (NPP) Member of Parliament (MP) for D o m e - Kw a b e n y a , Sarah Adwoa Safo has said she remains hopeful that she will get the nod of delegates of the party to represent the constituency one more time in the legislature after serving them diligently for the past eleven years.

27, 2024, she will get an overwhelming endorsement of the electorates in the constituency despite her flaws in 2023.

as a result of things that were beyond my control. But what was so important was that the people of D o m e - Kw a b e n y a stood solidly behind me. There is a saying that in your suffering, that is where you get to know your loved ones. The good people of Dome-Kwabenya have shown me love, and I will continue to serve them”, she noted.

Interacting with journalists after successfully availing herself for public scrutiny on Wednesday, January 3, 2024, the former deputy Majority Leader noted that her flaws in 2023 will not She is also very opti- deter her from conmistic that after scal- tinuing to serve her ing over the parlia- constituents.

She added “I have mentary primaries of served my constituthe NPP which is “Admittedly, I made ents diligently for scheduled for January some mistakes in 2023 almost three terms

and that is why they are still urging me on to go for another term and I am hopeful that the delegates will rally behind me by voting massively for me on January 27, 2024. I will never disappoint them”.

Sarah Adwoa Safo is number two (2) on the ballot and has two other candidates contesting her.

Mike Oquaye Jnr, who has twice competed with Safo at the primaries but lost, is seeking Adwoa Safo, Ghana’s to make amends this first Minister for Pro- time around. curement and also a former Minister of In 2020, Oquaye Jnr garGender, Children and nered 488 votes against Social Protection, said 496 secured by Safo. although some constit- Madam Sakyi Oppong uency executives have Sheela Adoma has also publicly voiced their filed to contest primadispleasure about her ries. considering the chal-

NEWS |

Thursday

January 11, 2023

Issue No.140

10

A NEW THINKING

NMC, G-DNA partners to bring Ghanaian nurses back home …removal of barriers, others to attract talents

A groundbreaking arrangement designed to attract second-generation Ghanaian nurses residing abroad to come back to their home country and play an active role in enhancing the healthcare system has been unveiled.

This pioneering arrangement aims to encourage their return and enlist their contributions towards bolstering the healthcare delivery system in Ghana.

The initiative involves the regulator, Nurses and Midwifery Council (NMC) Ghana, and a non-profit organiza-

Eugene Davies

tion, Ghanaian Dias- ry Council signed an fits associated with the them. What we intend pora Nursing Alliance MoU with the Ghana collaboration, “You to do, is to help that we (G-DNA).

Diaspora Nursing Alli- know they have a lot of reduce some of the ance (GDNA), basically expertise they have stringent that do not As per the agreement, this MoU is about col- acquired so they are allow them to register returning trained laboration for espe- bringing back this here in Ghana, for nurses are exempted cially the second-gen- expertise to the coun- instance, the long type from the requirement eration nurses and the try, not only to the of examination we have of sitting for an nurses who were not nursing and midwifery cut and reduced for all entrance exam before even trained here in council but enhance of them.” they can register with Ghana – even those health delivery system the regulator —it who were trained here here in Ghana.

According to the Presishould be a prerequi- but have lived in UK, dent/Co-founder, of site, as highlighted by US or the diaspora for We are expecting more G-DNA, Yvonne ComMrs. Philomena Wool- a long time, we want than 1,000 nurses who modore-Mensah, the ley, the Acting Regis- to have this collabora- live abroad, when we MoU aims to ease barritrar of the Nurses and tion with them, so start, we know a lot of ers for returning nurses.

Midwifery Council. they can come back them will know the and register at the essence and goodies in "The exodus of GhanaSpeaking with journal- Nurses and Midwifery this MoU and most of ian nurses leaving the ists in Accra during Council Ghana. them will join. country annually poses the signing of a Memoa significant healthcare randum of UnderWe have more than challenge. This 'brain standing (MoU) Benefits 7,000 nurses living out- drain' phenomenon between NMC and Mrs. Woolley further side this country, all of contrasts with the G-DNA, she said “The underscored the bene- them if not most of potential for 'brain Nursing and Midwife-

P O L I T I C S | Thursday

January 11, 2023

Issue No.140

11

A NEW THINKING

gain'—welcoming back skilled nurses and those with a heartfelt connection to Ghana. We aim to facilitate their return or enlistment to bolster healthcare training and practices.

Our motivation is to elevate Ghana's healthcare by strengthening nurse education and expertise. Nurses form the cornerstone of our healthcare, thus enhancing their training and qualification is pivotal for better health outcomes.

G-DNA seeks to mobilize Ghanaian nurses worldwide to support nursing education in Ghana.”

She also added that the NMC's agreement to waive exam requirements and

the writing, drafting, and finalization of the MoU between the NMC and the GDNA asserted that the MoU will offer lots of pathways for nurses -they can become informatics, nurse leaders, educators, researchers, so there is a huge With over 1500 mem- array of pathways. bers worldwide, G-DNA endeavors to “It is not just a bedside support Ghana's nurs- nurse. Some people ing education say I am scared of through fundraising blood, I don’t want to and grants. This col- touch blood but when laboration seeks to you come into nursstrengthen nursing ing, it doesn’t mean institutions like the you will be coming Ghana College of into contact with Nurses and Midwives, blood there are a fostering a robust whole lot of avenues nurses can nursing workforce for that improved healthcare pursue, nursing is interesting and excitdelivery."

Dr. Daniel Kwame ing and we want more Apau, Co-director, of people to come into Education, G-DNA, nursing because nursand the chair of the ing is the bedrock of healthcare delivery committee that saw internships demonstrates a commitment to facilitating skilled nurse repatriation.

Additionally, the collaboration spans research, evidence-based practices, and capacity building.

everywhere world.”

in

the research.

The MoU will inform those seeking to live that He also called for col- there is this collaboralaboration between tion, and even if you stakeholders from phy- want to leave, there is sicians, to nurses and this chance and opporother allied services tunity to come back to that work in healthcare, help your country. This and urged the Ghana MoU is for two years, Medical Association to and then we continue to partner with nurses in review it, it is the first Ghana to ensure that time we have so we the healthcare delivery don’t want to have it so in Ghana is smooth and long that everybody will benefits everybody. say I wish I could put in this, but two years after Incentives that we will continue to The agreement is add on and elaborate. expected to ensure that these foreign-trained The move is also anticiGhanaian nurses bring pated to enable the NMC their expertise to bear to adopt best practices at the country’s training and expose the council institutions and the uni- to new trends in healthversities that have nurs- care delivery. ing and midwifery education, health centers, G-DNA is a non-profit Community Health organization that seeks Planning and Services to link and advance Gha(CHPS centers), and naian nurses globally. engage in seminars, education, and

TECHNOLOGY

|

Thursday 11 January 2024 – Investment Times

A NEW THINKING

Galaxy unpacked 2024: Opening a new era of mobile AI

A revolutionary mobile experience is coming. Get ready to discover a new era full of possibilities with the latest Galaxy innovations, designed

to transform how you sung is expected to live, connect, and unveil the latest premium Galaxy innovacreate. tions, providing an On January 17, Sam- all-new mobile experisung Electronics will ence powered by AI. host Unpacked. Sam-

The new Galaxy S series will set a higher standard for the most intelligent mobile experience yet. Experience the epic in everyday life like never before.

The event will be streamed live on Samsung.com, Samsung Newsroom, and Samsung’s YouTube channel beginning at 6 p.m.

GMT.