🚩 Scientists and other experts in agriculture are meeting in Accra to find means of using technology (innovation platforms) to find a lasting solution to Fall Army worms and boost agriculture productivity in Africa. The gathering of the scientists, agriculturists, crop and livestock farmers and researchers, comes on the back of the destruction of farms by the Fall army worms that cost the Ghanaian economy an estimated $64 million and the entire Africa $13 billion between 2016-2018, according to figures from the Ministry of Food and Agriculture and the USAID Bureau for Food Security.
🚩 Ministry of Food and Agriculture says it is looking to cut down imports of rice by 50 per cent as well as end the importation of tomato this year.
Deputy Minister for the Ministry of Food and Agriculture, George Oduro said the government is working to cut the levels of food import significantly. According to him, efforts to expand irrigation projects, the introduction of mechanization are among the efforts to help boost production.
🚩 Parliament on Thursday passed the Payment Systems and Settlement bill into law.
The bill is expected to significantly trigger the growth of electronic payments in Ghana. The purpose of this law is to amend and consolidate laws and guidelines relating to payment systems, electronic money operations and to regulate institutions which issue electronic money and provide payment services.
🚩 STATE-Owned Enterprises (SOEs) will soon be expected to pay 15 per cent of their gross profit to the government as dividend, the Executive Chairman of the State Enterprises Commission (SEC), Mr Stephen Asamoah Boateng, has hinted. The departure from the old regime where dividends are paid on net profit will come into force after the State Interest and Governance Authority Bill, which is presently before Parliament, has been passed into law.
🚩 BEEKEEPING has been recognised as an enterprise that can provide employment, income and economic security for farmers in rural areas with little startup investments. Naturally, bees usually look after themselves, with little need for tendering and they provide a number of products such as honey, wax, pollen, royal jelly, among others, which are well known in many local markets. Even though it is a lucrative trade with the use of simple management techniques, prospective bee keepers need to consider local culture and economy for it to be successful, and as an enterprise that fits in very well with small scale farmers’ livelihoods.
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