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
-
England are tough, but we can play against Ghana, Panama – Croatia coach reacts to World Cup draw
3 hours -
We can beat anyone – Otto Addo reacts to World Cup draw
3 hours -
GPL 2025/26: Mensah brace fires All Blacks to victory over Eleven Wonders
4 hours -
This Saturday on Newsfile: Petitions against the OSP, EC heads, and 2025 WASSCE results
5 hours -
Ambassador urges U.S. investors to prioritise land verification as Ghana courts more investment
5 hours -
Europe faces an expanding corruption crisis
5 hours -
Ghana’s Dr Bernard Appiah appointed to WHO Technical Advisory Group on alcohol and drug epidemiology
6 hours -
2026 World Cup: Ghana drawn against England, Croatia and Panama in Group L
6 hours -
3 dead, 6 injured in Kpando–Aziave road crash
6 hours -
Lightwave eHealth accuses Health Ministry of ‘fault-finding’ and engaging competitor to audit its work
6 hours -
Ayewa Festival ignites Farmers Day with culture, flavour, and a promise of bigger things ahead
6 hours -
Government to deploy 60,000 surveillance cameras nationwide to tackle cybercrime
6 hours -
Ghana DJ Awards begins 365-day countdown to 2026 event
6 hours -
Making Private University Charters Optional in Ghana: Implications and Opportunities
6 hours -
Mampong tragedy: Students among 30 injured as curve crash kills three
6 hours
