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Research work on Ghanaian music industry ready

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President Mahama, Obour and Mrs. Elizabeth Ofosu-Agyare

The much awaited Musiga-commissioned KPMG Comprehensive Study of the
Ghanaian Music Sector was officially launched by Mrs. Elizabeth
Ofosu-Agyare, Minister for Tourism, Culture & Creative Arts; and the
first copy presented to President Mahama at the 2015 Musiga Grand Ball
held at the Banquet Hall of the State House on Friday, September 4,
2015.

In 2012 MUSIGA sought out to collate economic information on the music
sector to enable it prepare a medium-term strategic plan, in line with
the Government of Ghana’s medium term plan known as the Ghana Shared
Growth and Development Agenda (2010–2013).

In that year’s National Budget, the Government of Ghana allocated two
million Ghana cedis primarily to conduct this Comprehensive Research,
organize Ghana Music Week 2013 and for capacity building of Musiga, and
other music industries organizations. KPMG was therefore commissioned in
by the Union to undertake a comprehensive study into the sector.

The 292-page Final Report (also, an abridged version of 44 pages)
primarily provides baseline data and assessment of the contribution of
the music sector to economy of Ghana.

“With this report, one would understand and explain the structure and
functioning of Ghana’s music industry. The report clearly identifies its
areas of strength and weakness and would certainly stimulate discussion
both within the music industry and between the music industry,
government and other interested organizations as to what projects and
processes would be most useful in building the Ghanaian music industry”
says Daniel S. Adoteye of KPMG.

Information in this Report would also be used to justify investments
into the sector and attract more stakeholder attention to the industry
and promote strategies for growth.

The document will also form the framework for the formulation of
government policy on the music industry as well as provide the basis for
the formulation or amendment to existing legislation on the industry.

According to Musiga, 10,0000 copies of the abridged version will be
printed and circulated nationwide within the next 3 months. The
Comprehensive Study of the Music Sector in Ghana was Commissioned by
Musicians Union of Ghana, Funded by the Government of Ghana with
supported from World Bank, Vodafone, Ideal Finance, Kasapreko Company
Ltd and Midland Savings & Loans.

Receiving the Final Report on behalf of Government, Mrs. Elizabeth
Ofosu-Agyare, reiterated one of the key recommendation based on the
findings from the study.

“I think the recommendation that value added tax on ticket sale should
be removed to reduce the price of tickets for live shows, is seriously
worth considering”, Mrs. Ofosu-Agyare said at the Launch.

Story by: Livefmghana.com

Kofi Oppong Kyekyeku

I am a Ghanaian Broadcast Journalist/Writer who has an interest in General News, Sports, Entertainment, Health, Lifestyle and many more.

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