• Contact US
  • Advertise With US
  • Privacy & Policy
  • Submit Station
Sunday, August 17, 2025
Kumasi Mail
Advertisement
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Reject all incumbent NPP executives seeking re-election-Butey to delegates

    NPP grants general amnesty to suspended members, reaffirms commitment to unity

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Justice Torkornoo files injunction against petitions seeking her removal

    Reinstate suspended CJ immediately, give her fair hearing – Commonwealth lawyers

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Reject all incumbent NPP executives seeking re-election-Butey to delegates

    NPP grants general amnesty to suspended members, reaffirms commitment to unity

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Justice Torkornoo files injunction against petitions seeking her removal

    Reinstate suspended CJ immediately, give her fair hearing – Commonwealth lawyers

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
Kumasi Mail
No Result
View All Result
  • Home
  • News
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
Home News Manhyia

Otumfuo Osei Tutu II calls for action to transform development rhetoric into reality

Kumasi Mail by Kumasi Mail
August 7, 2024
in Manhyia
0
Otumfuo Osei Tutu II calls for action to transform development rhetoric into reality
Share on FacebookShare on Twitter

In a landmark event in London, Otumfuo Osei Tutu II, the Asantehene, delivered a compelling address at the Citi Black Heritage Client Symposium, on the Asante Kingdom; Historical Legacy and Its Impact on Modern Economic Development.

The event, held in the heart of the City of London, brought together distinguished guests including former president of Ghana, His Excellency John Agyekum Kufuor, professionals from various fields of work and Citibank officials.

Otumfuo emphasized the inseparable relationship between human capital and financial capital for national development, stating, “Capital without the human is valueless, just as the human without capital is like an engine without fuel.”

He praised the collaboration between the Asante Professionals Club UK and Citibank, expressing hope for a fruitful partnership aimed at mutual prosperity and development.

Reflecting on his 25-year reign, Otumfuo highlighted the resurgence of Asante cultural heritage and the alignment of traditional values with democratic governance in Ghana.

Despite these achievements, he acknowledged the ongoing challenges influenced by the structure of the global economy, including economic instability and persistent poverty.

He lauded former President John Agyekum Kufuor for transforming Ghana into a middle-income country but noted the difficulties in sustaining that growth trajectory.

Otumfuo critiqued the traditional approach to development in Africa, which he argued has overly relied on national governments at the expense of the private sector.

He called for a shift towards empowering the private sector with the necessary capital to drive economic growth and development, citing the success of private enterprise in other regions like China.

“The time has come to move the dial from the rhetoric about the private sector as the engine of growth to the private sector as the driving force of the development agenda.

The engine of growth has been without fuel and idle for three decades. It must be replaced with a full complement of entrepreneurs backed by investment capital.”

Addressing the historical context, Otumfuo challenged the City of London to leverage its financial prowess and historical ties to Ghana to foster economic development.

He proposed the creation of a “Manhyia Special Initiative” in partnership with Citibank to support private sector ventures in Ghana, aiming to generate jobs and create wealth.

David Livingstone, Citigroup’s Chief Client Officer, echoed Otumfuo’s sentiments, drawing parallels between the rich histories of the Asante Kingdom and Citibank.

He highlighted Citibank’s longstanding commitment to global economic innovation and progress. Livingstone expressed optimism about Ghana’s economic potential and reiterated Citibank’s support for initiatives that drive sustainable growth and development.

The symposium concluded with a mutual commitment to exploring opportunities for collaboration, emphasizing the importance of private sector involvement in Ghana’s economic future.


Ahead of his address, Otumfuo Osei Tutu II held a closed door meeting with Citibank officials and the executive Council of the Asante Professionals Club UK, facilitators of the event.

Source: www.kumasimail.com / Rhoda Onyinah

Tags: ActionAsantehene Otumfuo Osei Tutu IILondonOtumfuotopstory
ShareTweetSend
Previous Post

Election 2024 Boakye Agarko writes: Where are we headed ?

Next Post

Samuel Okudzeto writes again

YOU MAY LIKE

Manhyia Palace Declares Funeral Ban Across Asanteman for One Week Celebration of Asantehemaa
Manhyia

Manhyia Palace Declares Funeral Ban Across Asanteman for One Week Celebration of Asantehemaa

Former NPP Chairman Paul Awentami Afoko Mourns Asantehemaa’s Passing
Manhyia

Former NPP Chairman Paul Awentami Afoko Mourns Asantehemaa’s Passing

Asantehemaa Nana Konadu Yiadom III: Quiet strength behind the Golden stool
Manhyia

Asantehemaa Nana Konadu Yiadom III Passes Away at 98

Asantehemaa Nana Konadu Yiadom III Passes Away at 98
Manhyia

Asantehemaa Nana Konadu Yiadom III: Quiet strength behind the Golden stool

Otumfuo orders  Mamponghemaa to halt any plan to nominate next  Mamponghene  until further notice
Manhyia

Otumfuo orders  Mamponghemaa to halt any plan to nominate next  Mamponghene  until further notice

Next Post
Samuel Okudzeto writes again

Samuel Okudzeto writes again

‘Put differences aside’— Naana Opoku to NDC supporters

John Mahama is the right person to lead Ghana - Prof. Jane Naana

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST NEWS

Reject all incumbent NPP executives seeking re-election-Butey to delegates

NPP grants general amnesty to suspended members, reaffirms commitment to unity

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Justice Torkornoo files injunction against petitions seeking her removal

Reinstate suspended CJ immediately, give her fair hearing – Commonwealth lawyers

Gov’t imposes daily fine on DSTV over failure to submit pricing data

Gov’t imposes daily fine on DSTV over failure to submit pricing data

Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

President Mahama to Lead Unprecedented Crackdown on Illegal Mining- Ablakwa hints

President Mahama to Lead Unprecedented Crackdown on Illegal Mining- Ablakwa hints

  • Trending
  • Comments
  • Latest
52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Asokore Mamponhene Nana Boakye Ansah passes away

Asokore Mamponhene Nana Boakye Ansah passes away

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

Hello world!

1
NCA promises lower data prices by year-end

NCA promises lower data prices by year-end

1
COVID-19: Information Ministry justifies GHC150K spent on staff

COVID-19: Information Ministry justifies GHC150K spent on staff

1
EC to conduct mop-up registration August 1-3

EC to conduct mop-up registration August 1-3

1
Reject all incumbent NPP executives seeking re-election-Butey to delegates

NPP grants general amnesty to suspended members, reaffirms commitment to unity

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Facebook Twitter Youtube Instagram
Kumasi Mail

About US

Advertise With US

Submit Station

© 2024 KumasiMail.com