Audio By Carbonatix
The Year of Return initiative undoubtedly is one of the government’s biggest marketing campaigns to sell Ghana to the world.
According to Forbes magazine, about one million tourists have made it to Ghana for the celebration, generating about $1.9 billion for the country.
However, statistics indicate more than 80 per cent of tourists spending goes back to their home country.
Although the Ghana Tourism Authority has acknowledged that millions of dollars have been saved on international advertisement thanks to social media buzz by celebrities who visited Ghana during the season, the question still remains; considering expenses such as accommodation, food, transportation, leisure etc, is Ghana really benefiting from the Year of Return initiative?
JoyBusiness’ Karen Dodoo explores the impact of the ‘Year of Return’ on Ghana’s economy in the video below:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Credit Risk Management Directive: BoG to begin implementation for banks, others from July 1, 2027
8 minutes -
Ghana Brands Awards 2026: Leading brands, business trailblazers to shine on November 20
24 minutes -
T-bills auction: Demand improves as government exceeds target by about 76%; interest rates soften
30 minutes -
Ziope undertakes initiative to build a technologically inclined community, commissions self-help ICT lab
54 minutes -
ECG announces power outage in parts of Tema, Central Region due to network fault, maintenance
1 hour -
When the Gospel Becomes a Weapon: The church, blackmail and the abuse of faith
2 hours -
JoyNews’ Jacqueline Ansomah Yeboah selected for UK Media Excellence for Emerging Technology Fellowship
2 hours -
Mental Health Alliance urges government to operationalise Mental Health Fund
2 hours -
Ghana–Holy See agreement heads to Parliament after Cabinet approval
2 hours -
Luv FM Corporate Games 2026: Kumasi Central Prisons, Amanfiman Bank win big amid fun
3 hours -
WAFU B U17: Ghana top Group A after win over Togo
3 hours -
Ho Central Mosque reopens amid unresolved leadership dispute that led to closure
4 hours -
Minority caucus questions GH¢16.4m in Ablakwa’s SA evacuation spending, demands independent audit
4 hours -
Gender Ministry meets Nana Akua Addo’s husband over domestic violence after hospital discharge
5 hours -
UG Vice-Chancellor urges swift operationalisation of National Research Fund
6 hours