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Signing of Memorandum of understanding in Berlin, Germany during Africa-Verien Conference

The Memorandum of understanding (MoU) was signed in January, 2020 between the Pan African Agribusiness Apex Body (PAAAB) represented by PEF, the secretariat for the organization supported by the department of rural economy, African Union Commission (AUC) and the Afrika-Verein (Germany-African Agribusiness Alliance). The MoU is purposed to serve as the appropriate framework that defines the conditions and terms of the strategic partnership between the two main bodies. PEF was represented by its CEO, Nana Osei-Bonsu, at the signing event.

The partnership was established with the objective of promoting agriculture and agribusiness between the partners’ regions and strives to boost agricultural productivity and agribusiness by supporting the adoption of measures, strategies, policies and programs on agricultural and agribusiness development. In order to secure the inclusion of smallholder farmers and vulnerable groups such as women and youth both associations agree to work together inclusively, inviting relevant actors to participate in their activities. The areas collaboration includes the following; advocacy and lobbying, capacity building, policy dialogue, improving investment climate, trade facilitation, peer to peer meetings, learning and exchange visits and agricultural stakeholder dialogue on the African continental free trade area.


Coronavirus: Ghana is always reactive, we don't plan - Nana Osei-Bonsu

Coronavirus: Ghana is always reactive, we don't plan - Nana Osei-Bonsu

Chief Executive Officer of Private Enterprises Federation (PEF), Nana Osei-Bonsu says Ghana is always reactive and we do not plan for future situations.
According to him, due to this reactiveness that is why most companies are now producing hand sanitizers of which most used to be imported.

In a television interview, Mr Osei-Bonsu said the moment the issue of the Covid-19 is gone we will move back to our old ways without planning on how to solve the areas of vulnerability in the economy."Our problem is that we are a reactive country we do not plan. so we react, this coronavirus, ones it moves away we will go back to game one without planning on which areas to move into that are vulnerable, what can we do to meet this vulnerability, how do we position our businesses to compete."

"We don't have that kind of planning, it always an ad-hoc kind of measures that we put together to salvage the situation and say goodbye and go back to our own ways," he added.

Mr Osei-Bonsu explained that for us to be able to play a key part in the global economy and providing adequately for our people we will need proper planning.
"We need thorough planning to be able to withstand this kind of things even without the crisis."He proposed that African countries should make use of their economic strengths and trade among themselves. For example, Kenya producing the meat needs of some of the countries and Ghana also helping with pharmaceuticals in this regard and this will help the development of the African economy.

Mr Osei-Bonsu also said during a situation like this, countries that we import from will only export if they finish feeding their people and without that, we won't stand the chance of survival.He also laments the government's inability to engage the private sector in their works, according to him they get to know about most policies when they are being undertaken by the foreigner counterparts.But if the government includes the private sector in the policy framework formations it will help achieve more mileage.

Capacity needs assessment, Terms of Reference for the Engagement of consultant

Project: Business Integrity Initiative (BII) - Using Service Delivery Charters to Promote Business Integrity in Ghana
Activity: Capacity Needs Assessment

Terms of Reference for the Engagement of Consultant

1.0 Introduction/Background
Ghana Integrity Initiative (GII) and the Private Enterprises Federation (PEF) with funding support from the Department for International Development (DfID) is implementing a project titled: Using Service Delivery Charters to Promote Business Integrity in Ghana. The project is being implemented over a period of twelve (12) months (i.e. November 2019 – October 2020). The objective of the intervention is for more businesses to engage with public institutions on integrity issues.

2.0 Purpose/Objective
As part of the project implementation, GII and PEF are seeking the services of an experienced consultant to conduct a Capacity Needs Assessment for identified public institutions in Ghana. The intervention seeks to increase dialogue between the state/public entities responsible for providing services to the private sector on one hand and businesses in Ghana on the other hand on Service Delivery Charters. The results of the assessment will guide GII and PEF on advocacy themes to help address the identified challenges to ensure the enhancement of service by these institutions to the meet the expectations of the private sector.
The specific objectives of the assessment are:
- To identify existing gaps in Service Delivery Charters
- To elaborate on how these gaps affect transparent and accountable service delivery in Ghana
- To identify examples of international best practices of Service Delivery Charters for identified institutions and work with the respective institutions to develop same
- To draw up recommendations for institutional reform
- To conduct tailor-made trainings to respond to the specific needs of targeted staff of the identified institutions



The Private Enterprise Federation (PEF) representing its member business associations and chambers has noted with great concern the current outbreak of the Novel Coronavirus (COVID-19) which started in China and has now become a global pandemic. PEF has also noticed the numerous interventions being put in place by the Government of Ghana as part of the emergency response plan set up in anticipation of a possible escalation of the Novel Coronavirus (COVID-19) infection in Ghana. We wish to commend the government for such forward-thinking interventions that will safeguard the lives of the people of Ghana.

PEF and its 19-member Business Associations and Chambers declare our unflinching support to the government in the fight against the disease.
Indubitably, this outbreak has brought untold hardship to the people of Ghana especially private sector businesses who are compelled to keep up with staff payrolls, utility cost and other statutory payments despite the fact that major revenue generation activities of these businesses are on a standstill. This calls for innovative approaches by all stakeholders to alley the hardship experienced by these businesses and the citizenry at large.

It is therefore commendable that the Bank of Ghana has put in place measures to help reduce the impact of the outbreak on credit to the private sector. The reduction of the policy rate by 150 basis points from 16 to 14. 5 percent, reducing the primary reserve requirement from 10 to 8 percent, reducing capital conservation buffer from 3 to 1.5 percent, provisioning for loans in the “other loans especially mentioned” category from 10 to 5 percent among others are policy decisions in the right direction and are welcomed by the private sector.

It is also commendable how the Bank of Ghana has effectively facilitated the release of funds for payment to depositors of collapsed Microfinance, Microcredit and Savings and Loans companies. In that same vain and as a matter of urgency, we request the Ministry of Finance to partner the Securities and Exchange Commission (SEC) to ensure the release of funds to pay customers of collapsed Investment Companies/Asset Managers registered and regulated under SEC whose monies are still locked up with these Investment Companies. This move we believe will go a long way to improve the liquidity position of the private sector to boost the limited internally generated funds against current uncertainties.

Regardless of this undesired COVID-19, the Federation and its members are encouraged by the President’s actions and wish to state that the private sector as responsible partners in the socio-economic development of our country will continue to work hand in hand with Government to address the situation.

Finally, we wish to assure the Ghanaian public that the private sector will continue to provide its essential services where ever possible to ease the burden in these critical times and also request the general public to respect and obey safety procedures being implemented at the various business outlets and other places in line with the safety guidelines issued by the Government to control the spread of the disease.
Stay safe and God bless our homeland Ghana

Nana Osei-Bonsu
Chief Executive Officer

Kasa Initiative Ghana has signed an MoU with Private Enterprise Federation

Kasa Initiative Ghana has signed an MoU with Private Enterprise Federation

Kasa Initiative Ghana has signed an MoU with Private Enterprise Federation to leverage on each others strength and take advantage of emerging under climate change to develop initiatives that respond to the need of its members. They will advocate for sustainability in environmental sector to support business and communities. Beneficiaries of this partnership would include CSOs under the Kasa framework , members of PEF and rural communities. The MoU was signed by Mr. Charles Agboklu the chairman of Kasa and the Chief Executive Director of PEF ,Nana Osei Bonsu.

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