Business News of 2014-06-05

Association urges women to go into oil/gas sector

The fifth Women’s International Shipping and Trading Association (WISTA), Ghana Africa Conference, has ended with a call on the government to take advantage of the oil boom in the country to establish an all purpose university to focus on oil and gas.
The fifth WISTA Africa conference, held in Takoradi in the Western Region, focused on challenging women to play an active role for the rapid growth of the maritime and oil/gas industry.
Participants in the conference noted that the establishment of a university, with focus on only oil and gas, would make Ghana the hub of petrol chemical education in the region as there was currently no such institution in the sub-region and beyond.
Eschew negative attitudes
Earlier in an opening address at the three–day conference, Mrs Joyce Bawa Mogtari, the Deputy Minister of Transport, said the world was changing fast and this required all to move along.
Speaking on the theme, “Women in maritime: Oil and gas”, the deputy minister said it behoved on all to nurture nature’s wealth to the benefit of all.
She appealed to women in leadership positions to refrain from negative such as petty squabbles and forget about bitter past issues as those had the tendency to affect productivity.
The deputy minister called on women to put up positive attitude and open their doors for all as a way to mentor young ladies to aspire higher in life.
In a speech read on his behalf, the Western Regional Minister, Mr Paul Evans Aidoo, expressed the government’s commitment to create jobs in the oil and gas industry to fulfil the local content requirement.
He urged members of the WISTA to ensure transparency and accountability for the sustainability of the association.
Mrs Naa Densua Aryeetey, the President of the WISTA, said the association was an umbrella organisation of women in management positions involved in maritime transportation business and related trades worldwide.
She noted that in Africa, very few women had ventured into oil/gas sector, hardly knowing the opportunities that were available to them.
She said maritime transport could become the mainstay of a nation’s economy as it contributed about 70 per cent of the value of the world’s trade, saying there was the need for the government to turn its attention to the industry.