Bob ROCO Romeo

  Government intends to use the development in the automobile industry as a catalyst for import substitution and exports of Ghanaian products within the African region. Speaking at the Mid-Year Policy Review in Parliament, Finance Minister said the automobile industry is considered by government as a strategic anchor and one that has the potential to transform the economy. “Ghana is well positioned to become the new automobile manufacturing hub in Africa”, Ken Ofori-Atta stated. Giving details on the sector, he said “the Ministry of Trade and Industry policy on Industrial Transformation Agenda is a significant step towards import substitution and to boost exports within the context of the African Continental Free Trade Area (AfCFTA)”. The introduction of a comprehensive Automotive Manufacturing Development Policy, government sources say, have attracted leading global automobile companies to the country and there’s more to come. During the last week launch of the Volkswagen collabor...

Reckitt Benckiser, manufacturers of Dettol range of products, has installed 15 handwashing units at popular markets across Accra to enforce adherence to safety protocols in order to effectively combat COVID-19. According to the global consumer goods company, the aim of the initiative is to rekindle among market women the need to continue strictly with the adherence of the COVID-19 protocols without any compromise as the positive cases in the country drops drastically so as to avoid a second spike. Interim Country Manager, Reckitt Benckiser-Ghana, Henry Nii Ankrah, speaking to the media on the side-line of the roll-out activity, indicated that Ghana is not completely out of the woods yet and it is very important to continuously wash hands, sanitize and use the nose mask in public places to curb the spread of the virus. “We all understand that the pandemic has brought a lot of hardship on the country but as UNICEF and WHO has said, the most important things to do around this period is to...

Rev. Dr. Asie Kabukie Ocansey, a renowned member of the African Union Labour Migration Advisory Committee, representing the Diaspora African Forum and founder of the Nekotech Centre for Labour Migration Diplomacy in collaboration with the Deadly to Decent Work Coalition-Middle-East and the University of Ghana’s Centre for Migration Studies, has launched her Amazon best-seller book ‘Deadly Work or Decent Work?’ in Ghana. The book, also subtitled ‘SOS! Africa-Middle East Domestic Workers Migration Process’, was launched in a virtual event scheduled on September 9, 2020 via zoom. It is an urgent call to action for all African leaders to address the increasingly deadly work experience for African women domestic workers in the Middle-East and to make a shift to decent work. It is a go-to guide that demystifies the good, the bad and the deadly migrant hiring systems in the Middle-East .  It advocates for the creation of a dedicated multilateral platform - the ‘SOS! Africa-Middle Ea...

  The National Insurance Commission (NIC) will soon hit the metropolitan and district business enclaves of the country to intensify its sensitization and enforcement drive on the compulsory property insurance. This was disclosed by the Commissioner of Insurance, Mr Justice Yaw Ofori in a recent statement.   He indicated that though the Insurance Law, Act 724 of 2006 made it compulsory for privately owned business entities to insure their properties, many are yet to comply. The law, per Sections 183 and 184, makes it mandatory for all commercial properties either under construction or completed, to have valid insurance certificates. The compulsory property insurance is to provide financial protection against legal liabilities arising from accidents that cause property damage, bodily injury or death to the public. Occupiers (tenants) of commercial buildings can also benefit from taking fire insurance on their businesses because they may be held liable to the public. Mr O...

Allianz Life Insurance has been adjudged the Fastest Growing Company at the third edition of the Ghana Insurance Awards held over the weekend. The company which commenced its operations in 2018 picked up the award for the inroads it has made in the highly competitive Ghanaian insurance industry. Commenting on the award, Chief Executive Officer of the company, Gideon Ataraire, expressed his appreciation to their customers for their support since the company launched its operations two years ago. “This award reflects our commitment to offer excellence to our customers. And to a large extent, this would not have been possible without them giving us a chance. Going forward, this means that we will work to improve on the high standards we have set for ourselves. At Allianz Life, this award is going to empower us to do more for our customers,” he noted. The CEO of Allianz Life Insurance, Mr. Ataraire, for his leadership role was shortlisted among the outstanding CEOs in the industr...

‘’This is the first, and there will be many more to come’’. These were the words of the President Nana Addo Danquah Akufo-Addo when the German car maker Volkswagen officially unveiled its first ever range of locally assembled cars. The VW story was birthed in 2018 when the German Chancellor Angela Merkel visited Ghana to strengthen diplomatic and development ties. This saw the German car manufacturer VW, become the first company to sign a Memorandum of Understanding (MoU) with the Ghanaian government for the assembling of vehicles in the country. The car manufacturer subsequently registered its local company VW Ghana; a 100 percent subsidiary of VW South Africa to manufacture six of its models, the Tiguan, Teramont, Amarok, Passat, Polo and Caddy. The official unveiling of the six models on August 3rd,2020 was the pinnacle of the success story for the first phase of VW’s car manufacturing project valued at 10.5 million dollars. In coming months, the company is expected to roll ou...

Morris Garages (MG) has announced a re-launch into the Ghanaian auto market with the introduction of 5 new exquisitely designed and aesthetically alluring vehicles to give Ghanaians a superior range of vehicles. The British-born automotive brand has been revived globally by SAIC motor, the world’s 7th largest car manufacturer to extend the brand, one of the most iconic in the world, to several countries globally. With a rich heritage filled with iconic models, awards and achievements dating back to 1924, MG is best known for its two-seat open-top sports cars, as well as its saloons and coupes. MG exclusively marketed and distributed in Ghana by MG Auto Trading Ghana Limited offers a combination of style, performance and distinctiveness powered by superior after-sales services. MG Auto Trading Ghana Ltd., is part of the Mansour Automotive Company (MAC), headquartered in Egypt that has long-term partnerships with some leading Automobile brands across the continent. These brands i...