The Chairman of United Bank for Africa (UBA), Tony Elumelu, has assured the President of the Republic, Nana Addo Dankwa Akufo-Addo, of his bankâ€™s support for the growth and development of the critical sectors of Ghanaâ€™s economy, as government seeks to return the nation back onto the path of progress and prosperity.
Over the last few decades, significant progress have been made in bridging the gap created by gender inequality. At least every democratic countryâ€™s constitution today guarantees the right of a girl child to education, that of a woman to work or practice her profession and more so, the right to participate in the political processÂ of the nation.
We have witnessed the likes of, Funmilayo Ransome Kuti, Condoleezza Rice, Ngozi Okonjo-Iweala, Michelle Obama among others who have risen to exemplary status against the sheer prejudices of their societies towards women.
Despite this progress made around the world and particularly in Africa, recent UN report on gender equality has it that women still earn 77 cents of every dollar earned by a man with the same level of formal education, skill or experience at the work place â€“ a staggering 23% earnings gap.
Itâ€™s also nearly not out of place to hear some business executives say things like: â€œwe wonâ€™t employ a woman because she will be taking a lot of paid leaves for maternity or for a sick childâ€.
The report,Â Women at Work: Trends 2016Â Â examined data for up to 178 countries and concluded that gender inequality persists across a wide spectrum of the global labor market.
Furthermore, the report shows that over the last two decades, significant progress made by women in education hasnâ€™t translated into comparable improvements in their position at work.Â
At the global level, the employment gender gap has closed by only 0.6 percent since 1995, with an employment-to-population ratio of 46 per cent for women and almost 72 per cent for men as at 2015.Â
These are realities and it continually poses a challenge to womenâ€™s rights advocates to broaden their scope to address entrenched attitudes and practices in the labor market or work environment that continually obstructs the collective efforts of governments and most players in the private sector in creating a leveled playing field for both genders.
It is on this basis that many have lauded the launch of the Equal Pay Platform of Champions, an initiative that aims to stamp out global discrepancies in the wages women earn as compared to men by the UN Women in partnership with the International Labor Organization.
The Platform is part of the broader UNâ€™s Global Equal Pay Coalition, which advocates for secure laws on equal pay, better parental leave and childcare policies as well as minimum living wages.
Anyone familiar with the trend in the last two years following the declaration of the real estate mogul, Donald Trump to run for US President, might be alarmed by the latest developments between the United States and Ghana.
Senior Minister, Yaw Osafo MaafoÂ has described the 2017 Budget Statement asÂ Senior Minister, Yaw Osafo Maafo has described the 2017 Budget Statement as Â growth-oriented and expansionist enough to resuscitate the ailing Ghana cedi.
Ghana still occupies a pride of place as one of Africaâ€™s most viable investment locations but Doris Yaa Aggrey Ahiati, Head of the Association of Chartered Certified Accountants (ACCA) believes there is an urgent need to focus on corporate governance across its private sector.
The former deputy finance minister Mona Quartey says government should give the opportunity to women in the revenue and financial sector to head the institutions as they already have the practical experience in the field.