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Peter Körte

Peter Körte

Manager

Sep 18, 2026

34:49
Are we expecting such a figure? And also, could we have done any better comparatively?
34:57
Well, it's a marked improvement.
34:59
If you look at the conditions in the practice, was around 4.5, there are about less than 5%.
35:12
So this certainly is a remarkable improvement over what was projected.
35:20
But I must say that the growth numbers we are seeing has been as a result of the stability that has been seen, not just in 2025, also started in 2024, and more in 2025 and even beyond.
35:39
So it tells us that if we keep a stable economy, stable macro economy, and businesses are able to produce and be able to employ and grow, our economy will grow and by so doing we can affect people's livelihood positively.
36:04
Are you impressed? Were you impressed by that number?
36:09
Well, it's oftentimes ICT, the digital economy, ICT, etc., financial sector services who drives this.
29:27
Can we say that the economy has really recovered by those numbers?
29:34
Well, yes.
29:35
One can say there is significant recovery, but if we had not had COVID, if we had not had somebody's slumps in the period, we would have reached a higher stage than we are currently doing.
29:49
At the moment, if you look at the how much we are adding it's going to take us longer to move to a higher middle income country so as much as i applaud us for having grown our per capita income we ought to accelerate the growth so that we can become a higher middle income in the immediate future then also we are talking of averages the capital income talks about average income but there are some marginal poor people who live below the minimum wage, there are people who are suffering, so we need to redistribute income, find a way of reaching out to the poor and the marginalized, the bottom 20% of our population, the bottom 20%, the poor.
30:39
or the Quinta, the poor Quinta, we need to look at them and support them.
30:44
Now, Bro, finally, what is your thoughts on Bank of Ghana's governor's fear about impact of the Middle East crisis on Ghana's economy and the possibility that it's likely to spark an inflationary risk, inflation, basically?
31:02
Yeah, I share in his fear, his concerns, because, you see, having worked for almost a year to bring us to this level, and then to see visible threats to this stability, with oil prices going up, certainly it's going to affect inflation, it's going to affect exchange rates, because if we require more dollars today, to buy good oil, it's certainly going to affect.
31:30
Even gold, as the world goes on, people's resources or countries' resources will shift from other things into the oil sector, because we need more money to buy oil.
4:38
How is Siemens thinking about that?
4:40
Yeah, you're absolutely right.
4:41
And, and Sam, thank you for saying that.
4:43
So when we compare consumer AI to industrial AI, there's three things at the very least that are profoundly different.
4:51
And the first one you already alluded to is, uh, the level of precision and accuracy of those models.
4:57
So obviously, you don't need any hallucination when you make recommendations for an engineer to design the next part for, let's say, your smartphone.
5:05
Or, uh, you certainly don't need an AI mistake when you think about how to optimize an electricity grid because that's critical infrastructure.
7:32
Tell us a little bit about how you're getting people to give that data to train machines and how that transfer works between organizations.

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