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The Minister-designate of Trade and Industry, Mr Alan Kojo Kyerematen, has disclosed that 62 new factories have been added to the government’s flagship one district-one factory policy.

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This brings the total number of private-public industrial facilities under the project to 232.

The government, in June last year, revealed that about 170 companies in various parts of the country had commenced operations or were either under construction.

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Appearing before parliament’s Appointments Committee on Friday, 26 February 2020, Mr Kyerematen indicated that the flagship project, which has been under his supervision since 2017, has revolutionised Ghana’s industrial development. 

While responding to Minority Leader Haruna Iddrisu’s question on the status of the project, the nominee indicated that about 168 completely new factories have taken off out of which 76 are currently under operation.

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This, he noted, is contrary to claims that the government was only revamping already-existing companies, as he noted that only 64 of such facilities were captured under the 1D1F project.

Touching on interventions rolled out so far to support the emerging factories, Mr Kyerematen said: “Mr Chairman, through this initiative, we’ve been able to mobilise GHS2.3 billion from local financial institutions; the government has provided interest subsidy payment in support of GHS230 million”.

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“This is meant to de-risk the project to make it easier for them to put it up (the factories)”.  

Mr Kyerematen expressed the hope that if given the nod, work will be expedited on the project, which, he noted, has the potential of creating more job opportunities and transforming Ghana’s economy.

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Mr Kyerematen said: “Through the intervention, a total of 139,331 direct and indirect jobs have been created by the 76 companies and 285,915 additional direct and indirect jobs are projected”, adding: “The 1D1F is one of the most revolutionary inventions to have been introduced since independence, it goes to the core of bringing industry and development to the doorstep of the ordinary people”.

Below is the total breakdown of the 1D1F initiative:

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Two Hundred and Thirty-Two (232) IDIF projects in 154 Districts, at various stages of implementation, made up of 64 existing companies and 168 new companies.

They are categorised as follows:

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• Projects Currently Operating as 1D1F – 76

• Projects under Construction – 107

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• Projects ready to commence construction

(Mobilisation Stage) – 36

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• Pipeline Projects to be financed by PFIs – 13

TOTAL PROJECTS – 232

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They include Agro-processing (56%), General Manufacturing (22%), Meat Processing (5%), Primary Agriculture (4%), and other Industrial Enterprises (13%). 

The following milestones have been achieved:

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• 139,331 direct and indirect jobs created by 76 1D1F companies in operation

• 285,915 additional direct and indirect jobs projected

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• GHS 2.3 billion mobilised from PFIs 

• Interest Subsidy payment support of GHS 213 million

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• GHS 603 million Import Duty Exemptions granted to 37 1D1F companies

Source: Classfmonline

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Just In: Nana Ama McBrown, Fadda D, Kwame A-Plus, Afia Schwarz, Mr Logic Fined ¢60,000 In Defamation Case Against Chairman Wontumi

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Just IN: Nana Ama McBrown, Fadda D, Kwame A-Plus, Afia Schwarz, Mr Logic Fined ¢60,000 In Defamation Case Against Chairman Wontumi

According to information that JoyPrimeGh.com has received, Nana Ama McBrown, the host of the UTV show United Showbiz, has been fined 60,000. Chairman Wontumi, a politician from Ghana, is the target of a defamation lawsuit.

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The fine was not just levied on Nana Ama McBrown. She is a member of the group that also includes Mr. Logic, Kwame A-Plus, Afia Schwarzenneger, and Fadda Dickson.

That according reports, the penalty stemmed from a slander case against Chairman Wontumi.

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In the socialite Nana Tornado’s video, Fadda Dickson and the other members of the clique were each fined 60,000 for disparaging Chairman Wontumi.

According to facts, Afia Schwarzenneger also received a 10-day jail sentence.

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Just IN: Nana Ama McBrown, Fadda D, Kwame A-Plus, Afia Schwarz, Mr Logic Fined ¢60,000 In Defamation Case Against Chairman Wontumi

Afia Schwarzenneger allegedly made offensive remarks regarding Chairman Wontumi when appearing on the United Showbiz program at some time in the past.

Nana Ama McBrown, Fadda D, Kwame A-Plus, Afia Schwarz, Mr Logic Fined ¢60,000 In Defamation Case Against Chairman Wontumi

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Source: Joyprimegh.com

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Must Watch Video: Ex-President Mahama’s Daughter, Farida Storms Social Media With This Wild Twerking

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The daughter of Ex-President Mahama’s, Farida Mahama has caused a massive stir on social media with a w!ld video.

Ex-President Mahama’s

The video has come as a shocker to social media users, as it has caused mixed reactions and has got them talking.

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In the viral video, Farida who was at home wearing short pants and a black top placed the camera in a good spot and flaunted her curves.

The ex-president’s daughter is heard in the video saying that she’s gonna teach the ‘up down’ tw3.rk though she’s not a professional.

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Was the boyfriend of the girl right to release her s**tape online to pay her back for cheating on him? Comment below…

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Source: Joyprimegh.com

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NPP has embarrassed us for campaigning for them-Afia Schwarzenegger (Video)

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Media personality, Afia Schwarzenegger born Valentina Osei Agyeiwaa has disclosed that the ruling New Patriotic Party (NPP) has embarrassed her and others particularly celebrities who campaigned for them.

Speaking on UTV’s United Showbiz, Afia Schwarzenegger disclosed she campaigned for the NPP because of the Free SHS initiative.

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She added that the NPP out of desperation for power claimed that there was money in the country and that the former government, the NDC mismanaged the economy, so she cannot fathom why the NPP government have gone to the International Monetary Fund (IMF) for support to help Ghana build back in the face of challenges currently confronting the economy.

Afia Schwarzenegger was quick to add that she is embarrassed by the NPP’s decision to go to the IMF for financial support as some policies in Ghana like the SHS may be affected.

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A post shared by 🆄🆃🆅 🅶🅷🅰🅽🅰 (@utvghana)

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