Arguably, Tourism, Arts and Culture happens to be the biggest sector as far as Ghana’s economy is concerned, however, its growth has been overlooked by both incumbent and past governments. Therefore, to develop the sector, former president John Agyekum Kuffour instituted what’s called ‘Creative Arts Fund’ to help grow the wing.
Unfortunately, the objective of the ‘Creative Arts Fund‘ as it was established by ex-president Kuffour has not been achieved which is to raise the status of Ghana’s tourism, arts and culture. From Kuffour’s era till today, the sector is still struggling to stay vibrant even the current state of Ghana movie industry says it all.
However, the hope still lives as the incumbent president (Nana Akuffo Addo) in his latest state of the nation’s (SONA) address promised that there’s a huge sums of money allocated to the ‘Creative Arts Fund’. That’s good news to the lame man but according to Nana Frimpong Ziega, an astute entertainment critic of Kumasi based Kessben FM, the allocated fund is vague and bogus!
Nana Frimpong Ziega shared his diverse opinion on the ‘Creative Arts Fund’ when he was interviewed at Abusua FM’s news bulletin hosted by Nana Ama Anor. According to Ziega, the main purpose and use of the creative arts fund should be known to the members. Sadly, the objective and use of the fund is still anonymous.
“In Ghana we’ve GET Fund, Heritage Fund, Consolidated Fund, Zylofon Cash Fund, others, each with a clear direction of its purpose and uses. But then, the creative arts fund is not like that. As it stands now, members of the sector are confused on how the proposed fund is going to be disbursed and utilized to benefit the entire sector. Although the minister has said that the fund will be geared towards development and modernisation which to me is vague and has no sense of direction as well as purpose”, Ziega worried.
As a result of past experiences on how people misuse funds meant for public sectors, he advised the Minister for Tourism, Arts and Culture, Hon. (Mrs.) Catherine Abelema Afeku should use the money to establish financial institution. Thus, the allocated fund should be channelled into the establishment of financial institutions so that members can apply for loans to support their creative businesses.
“The creative arts sector is not all about musicians and movie makers. It involves a whole lot of people including weavers, sculptures, etc. As a result of the number, it’ll be better off if the minister puts up something like ‘Creative Arts Bank’. This will help all stakeholders to start saving in the established bank so they can apply for loans to expand their businesses. This to me is far better comparably to the development and modernity as earlier proposed by Hon. Catherine Afeku as the prime use of the pending fund for the industry”, Ziega suggested.
He concluded that the ‘Creative Arts Bank‘ will help eliminate all forms of hitches that may characterize the acquisition of money by its members. More importantly, he pleaded that loans should be interest free to members and this will go a long way to resurrect every wing in the creative arts industry.
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