Government eyes growth after completing fiscal consolidation — Ato Forson

August 28, 2026

• The newly commissioned Northshore Apparel Ghana factory in Savelugu has immediately created 3,000 jobs, with a projection of 10,000 direct jobs at full operational capacity.
• The Ghana Export-Import Bank (GEXIM) is the sole funding source for the factory, partnering with Germany's KfW Development Bank and project promoters.
• The facility features 50 sewing lines, a 4,000-square-metre cutting and design centre, extensive warehouses, and a 500-kilowatt peak solar power system.
• It also includes an on-site clinic, crèche, disability-friendly amenities, a biodigester, and a large underground water facility.
• The factory is expected to generate significant indirect business opportunities in supporting sectors like transportation, food services, and logistics, contributing to local economic development and foreign exchange.

August 28, 2026

• Minister Ofosu-Adjare advocates for Ghana to add value to its cotton domestically to develop a strong textile and apparel value chain, instead of exporting raw materials.
• She highlighted that Ghana and other African countries lose significant economic value by exporting raw cotton while importing processed textile products.
• The Minister pointed to over four million hectares of uncultivated northern savannah zones suitable for cotton production and cited Bente Energies Limited's successful experimental cultivation with plans for expansion.
• She stressed the need for Ghana to emulate countries like China, Bangladesh, and Vietnam by investing in manufacturing, infrastructure, skills, and market access to become a competitive player in the global apparel market.
• The newly launched Northshore Apparel manufacturing hub in Savelugu was showcased as an example of indigenous investment, designed to create jobs and produce for local and international markets, reinforcing the government's commitment to industrialization and export growth.

August 28, 2026

• Teacher unions in Ghana are threatening industrial action if newly promoted teachers are not placed on their appropriate salary scales.
• The unions have set a deadline of Monday, August 31, 2026, for the placement of these teachers.
• This threat follows a directive from the Controller and Accountant-General’s Department, which unions claim contradicts earlier assurances from the Ghana Education Service (GES).
• Union leaders warn they will not be able to restrain their members from striking if the deadline is missed, holding agency heads responsible for any disruption.
• Additionally, unions accuse the GES of failing to provide detailed data on the outcome of the promotional examinations, a practice observed in previous years.