At the Ghana Economic Forum 2013


This year's Ghana Economic Forum saw speeches of great wisdom. The Ghana Economic Forum 2013 under the theme “The Role of Leadership in Driving National Economic Prosperity”, created a lively debate among industry chieftains, government functionaries, Members of the Diplomatic Corps and Civil Society Leaders among others, who met in session and brainstormed on propelling the economic  prosperity of the nation.
This year’s event is a follow-up to the maiden edition that was held last year with a view to setting the country’s economic prosperity by engaging stakeholders to deliberate on economic development, devoid of any ‘political’ colouration.
 

The event was held at the Movenpic Ambassador Hotel, Accra-Ghana. There was an overflow of audience both from near and far at the venue.

Understanding the Ghana leadership challenge has become difficult,  I share the views expressed by the panelists and delegates and hope leadership will be up and doing to help solve the numerous problems confronting the country and other countries.
Mr. Seth Terkper; Minister of Finance and Economic Planning who was at the function, noted that, “governance of the economy involves the private sector and also how our Ministries Departments and Agencies (MDAs) and Metropolitan Municipal and District Assemblies (MMDAs) are managed, and how they formulate programmes and strategic plans for managing the economy."

“We have been talking about deficit and budget over-runs; they come from leadership respecting budget norms, living within budget and others. Obviously, we have the big-ticket items like management of the Single Spine Salary Structure (SSSS) and other which have come into play."

“However, you can have the best leaders but if you don’t have the means of forecasting, so you are able to get your revenues and estimates right, you may come up with a deficit on the revenue side and over-runs on the expenditure side – and this  poses a big problem,” he said.

The event was organised by Business & Financial Times.

Some key notes given by panelists;
Captain Retired Prince Kofi Amoabeng, Chief Executive Officer of Ut Bank hinted that  Leadership is about values... The basics of our educational system are not working... . You can’t pursue a grandiose educational system without money. Education is not cheap; must be put on top of the development agenda. People are putting up schools to make money without thinking about the quality of graduates churned out.
Edward Boateng, CEO, Global Media Alliance said: Boldness, integrity and impact are needed in leadership. People who do not meet targets must be fired.  Systems have to work. We need a common language to improve trade in West Africa. Ghana must encourage private sector through the provision of basic needs - water and electricity. Women must take charge of their own affairs.
Prof. Atuahene-Gima ,Executive Director, CEIBS; Leadership is about finding opportunities and going for them.

Miss Esther A. N. Cobbah Chief Executive Officer, Stratcomm Africa; Leadership should be at all levels. Leadership should develop the right systems. "We have determine what our educational needs are and leverage them to our advantage. The educational system must combine technical skills with soft skills.
Hon. Rashid Pelpuo, Minister of State in-charge of Private Sector Development; Do ministers have benchmarks? We need to set benchmarks even at home. Benchmarks have to be set for all ministers and they must be appraised at the end of each year.

Peter Ndegwa, MD, Guinness Ghana Brewery Limited;  True leadership is essential to growth. Private sector plays a pivotal role in national development .
Chairperson First Atlantic Bank; We need to take advantage of the opportunities for growth and development.

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