Skip to main content

Three institutions give support to IFEJ Awards



Two financial institutions and an oil company have donated various sums of money towards the first edition of IFEJ-Flamingo Award for Business and Financial Journalism which is slated for Friday December 12, 2014.

The two financial institutions are adb, which donated GHc10,000 while HFC Bank donated GHc5,000. Sahara Oil donated US$2,000 towards the award ceremony.

The award ceremony being organized by the Institute of Financial and Economic Journalists (IFEJ) is being held in partnership with the World Bank, Enterprise Life Insurance and GIZ/SECO  who have all come up with good packages for some of the categories.

The award ceremony which was launched on Thursday August 14 by the Institute is aimed at deepening the level of reportage in the area of economic and financial issues.

A statement signed by the President , Mr. Lloyd Evans stated that the awards are in 10 various categories – ICT, Finance (Finance, banking, capital and money markets, insurance etc), Extractives, Agribusiness, Tourism, Business, Developmental issues, Rural Banking/Micro finance and Micro Enterprise, Business of Health and Best News story.

Details of the awards can be found on the website of the Institute www.ifejghana.org.

According to the statement, the ultimate award is the Best Business and Financial Journalist of the year which will go to the participant who wins the Best Finance in addition to any of the two categories listed above. 

“Our principal objective is to match or overtake the level of the financial journalism in Southern and Eastern Africa and to also build the capacity of Ghanaian journalists to win international awards”, the statement add.

Credit: IfejNews

Comments

Popular posts from this blog

Akuapem-Apirede to promote tourism

By: Fred Yaw Sarpong sarpong007@gmaail.com
The Chiefs and people of Akuapem-Apirede in the Okere Constituency of the Akuapem North Municipality have put in place strategic plans to promote tourist sites in the town.
Apiredehene, Nana Saforo Okoampah III told the Daily Express that their vision is to develop Apirede in a modern way.
“We want to have a modern society and environment. We are doing this on the basis of promoting tourism here,” he added.
According to the Apiredehene, it’s their plan to promote the historic sites and the geographical location of the community.
Apirede is one of the 17 towns that forms the Akuapem State and historically, it used to house the armours of the Akuapem State. The community is part of the Nifa division of Akuapem.
He stated that one of those things was called ‘Odosu’ (the war god for Okuapemhene). “The Chief Executioner in those days for Akuapem also came from Apirede and items that he used were also kept here,” he stated.
“These are a lot of things …

Ghana to benefit from oil spill fund

By: Fred Yaw Sarpong

Ghana as crude oil importing country will benefit from the International Oil Pollution Corporation Fund if the country witnesses oil spill at its ocean.

“The fund is a global fund and it’s meant for the countries that import crude oil. The fund is voluntary but Ghana through the Tema Oil Refinery (TOR) contributes annually on behalf of Ghana,” Mr. Kojo Agbenor Efunam, the Deputy Director in charge of oil and gas at the Environmental Protection Agency (EPA) told the Daily Express.

He explained that the fund is mostly for crude oil importing countries but not those into production and exportation.

Mr. Efunam further explained that once Ghana is part of the fund, anytime there is an oil spill involving an oil tanker on the seas of Ghana, the country can apply for the fund to solve any problem resulting from the spillage.

“If the incident does not involve a tanker the country does not benefit. But if the incident involves a tanker the country applies for the fund,” he ment…

PFM Act to guide local government authority borrowing

By: Fred Yaw Sarpong
The bill, Public Financial Management (PFM) Act 921 which has been passed into law by Parliament is to guide public institutions especially the local government authority borrowing. The law was pass on 3rdAugust, 2016
According to the law, local government authority, a public corporation or state-owned enterprise is liable for the debt and other obligations without recourse to Government, unless otherwise explicitly guaranteed by Government in accordance with this Act.
Madam Eva Esselba Mends, the Chief Economic Officer and Group Head of PFM at the Ministry of Finance told the Daily Express that the law involves a lot but it also give instruction to how state institutions can borrow especially with the  local government authority.
She mentioned that there is no specific law in place that gives direction as to what local authority can do when it comes to borrowing by the authority. Other public corporations sometimes borrow with huge amount for their operation but loca…