ECONOMY
Majority of the people in the district are engaged in agriculture with the commercial and industrial sectors least developed.
The expenditure pattern is use as a basis of assessing the income status of the District. The difference between the income and expenditure patterns explains the transfers and remittances the households receive from outside their main sources and signifies a situation of ‘no savings’. The level of income and expenditure of the districts gives an indication that the potential for development exists and the right management will determine the take-off. About 20% of the population accounts for almost 75% of the total expenditure of the district and these are found in the urban areas. It means that incomes are not equitably distributed and there is a wide discrepancy between rural and urban incomes.
Agriculture accounts for about (78.8%) of the District labour force (that is employed population 15 years and older), Commerce account for about (9.7%), while manufacturing and other sectors account for about (11.5%). The main crops grown in the District include yam, cassava, maize, rice, and groundnut.
Fishing is an important agricultural activity in the District because of the presence of the Oti River and its tributaries and the Volta Lake. People leaving in settlements around it do a lot of intensive fishing. Various types of fresh water fish is normally harvested in the rivers. Some of the fish types include; tilapia, mud fish, among others. There are very few small scale agro-based processing industries in the district. The bulk of agricultural produce is sold unprocessed. Most of the farmers sell their produce in the major markets of Dambai and in Accra and some also sell to middlemen and most of the time women from the big cities of Accra, Kumasi, and Cape Coast.
Table 2 shows that, out of the total population of 40,027 persons who are 15 years and older, 29,193 representing 72.9 percent is economically active whereas 10,834 persons representing 27.1 percent is economically not active.
Unemployment is very low in the district.
Among the economically active population, 98.6 percent are employed with less than two percent (1.4%) being unemployed. The unemployed persons are also made up of those who are available and seeking work for the first time (41.0%) or having ever worked before but are now available and seeking for work (59.0%).There is very little difference in the proportion of economically active males (74.7%) and females (71.2%). About the same proportions of males and females are currently employed (74.7% and 71.2%) respectively.
Among the unemployed, more males (51.8%) are first time job seekers compared to females (33.0%).
With reference to employed persons 15 years and older, workers in skilled agriculture, forestry and fishery constitute the largest occupational group (79.3%) indicating that eight out of every ten persons 15 years and older of the employed population are into agriculture, 8.6 percent in service and sales and 6.9 percent of the employed are into Craft and related trades. Professional workers constitute only 1.7 percent of the employed population 15 years and above.
The agricultural sector comprising; farming, forestry and fishing industry is the most dominant industry within the District accounting for 78.8 percent of the employed population. The wholesale, retail and repair of motor- vehicles and motorcycles accounted for 7.5 percent whilst the manufacturing sector constituted 5.8 percent of the employed population.
Amongst those employed, 72.2 percent are self-employed without employees with 20.0 percent of them contributing to family work. 3.4 percent of them are employees and 0.6 percent of them employed as house help. The distribution of persons 15 years and older by employment sector indicates that the private informal sector is the largest employer of economically active persons in the district (97.0%) with the Public (Government) sector employing 1.9 percent. Less than 1.0 percent is in the Semi-public/Parastatal and other International organisations.
There are a number of markets in the district and these are located in Borae, Banda, Boafri, Akaniem, Anyinamae and Kaparae. These market centres serve as major sources of internally generated revenue to the District Assembly.
Communication in the district is developing steadily, with the presence of MTN, Airtel, and Vodafone networks. According to the 2010 Population and Housing Census, about (20%) of the population 12 years and above own mobile phones. Internet facilities are not popular as only 0.4 percent of the population use it. Postal services are however ineffective. The presence of these telecommunication companies has generated some employment opportunities for people in the District, where about 5% of the youth are either into sale of hones and recharge cards or phone repairs.