By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Gov’t committed to fulfilling promises as Chief of Staff announces Presidential Promise Delivery Unit
    May 3, 2026
    New amoured vehicles are transforming our fight against armed robbery – IGP
    May 2, 2026
    President Mahama breathes life into collapsed iconic Asesewa Market, cuts sod for its modernization
    May 2, 2026
    Government launches SEED Programme to turn students into job creators
    May 1, 2026
    Ghana transport delegation visits China’s Shiyan to deepen sector reforms
    May 1, 2026
  • Business
    BusinessShow More
    Damang Gold Mine sells 100% of first output to GoldBod, BoG to boost Ghana’s foreign reserves
    April 30, 2026
    24-hour economy policy not feasible – NPP’s Michael Osei Boateng
    April 29, 2026
    GoldBod Jewellery hosts Boris Kodjoe at Diamond House Showroom
    April 29, 2026
    GoldBod’s revenue triples to $970.7m in 2025, from $307.7m in 2024
    April 29, 2026
    3i Africa Summit will prioritise cross-boarder payments, digital assets and investment – BoG Fintech Head
    April 29, 2026
  • Politics
    PoliticsShow More
    Gov’t committed to fulfilling promises as Chief of Staff announces Presidential Promise Delivery Unit
    May 3, 2026
    President Mahama breathes life into collapsed iconic Asesewa Market, cuts sod for its modernization
    May 2, 2026
    Government launches SEED Programme to turn students into job creators
    May 1, 2026
    There is still space for effective Special Prosecutor Office – President Mahama
    May 1, 2026
    Supreme Court Justices commend Deputy AG Dr. Srem-Sai for professionalism and dedication
    May 1, 2026
  • Entertainment
    EntertainmentShow More
    TGMA 2026 AOTY battle: Wendy Shay is the Yaa Asantewaa of Ghana music today – MC Portfolio
    May 2, 2026
    Phil Thompson confirms Joe Mettle collaboration, new song due in 4-6 weeks
    May 1, 2026
    I was homeless in London, sleeping in cars when I released ‘Baba’ – Sonnie Badu
    May 1, 2026
    I’m in a place where I need quietness – Joe Mettle on stepping back from TGMA 2026
    May 1, 2026
    Ghana Music Awards USA unveils 2026 nominees in Kumasi
    May 1, 2026
  • Sports
    SportsShow More
    Minority’s rejection of govt’s power outage explanation is politically motivated – Abdul Fatawu Jofa
    May 1, 2026
    2026 African Armwrestling Championship kicks off at Borteyman Sports Complex
    April 30, 2026
    Atletico Madrid hold Arsenal 1-1 in second UCL semifinal in Madrid
    April 30, 2026
    PSG beat Bayern Munich in 9-goal thriller in Paris
    April 29, 2026
    FIFA increases 2026 World Cup financial benefits by 15%, introduces new red card rules
    April 29, 2026
  • Technology
    TechnologyShow More
    African-Led ANH-ARC platform launches in Ghana to transform food systems, nutrition and health
    May 2, 2026
    Amardeep Singh Hari named Ghana’s most influential tech entrepreneur of all time
    April 30, 2026
    Yellow Card publishes 2026 report on data protection and AI governance
    April 23, 2026
    Master AI and cybersecurity to fight fake news – Dr Zanetor Rawlings to Ghana’s youth
    April 22, 2026
    The Hope Network meets Prof. Mark Appiah to chart path for growth, eyes STEM Center and donor partnerships
    April 22, 2026
  • International
    InternationalShow More
    Phil Thompson confirms Joe Mettle collaboration, new song due in 4-6 weeks
    May 1, 2026
    Ghana transport delegation visits China’s Shiyan to deepen sector reforms
    May 1, 2026
    Atletico Madrid hold Arsenal 1-1 in second UCL semifinal in Madrid
    April 30, 2026
    PSG beat Bayern Munich in 9-goal thriller in Paris
    April 29, 2026
    FIFA increases 2026 World Cup financial benefits by 15%, introduces new red card rules
    April 29, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Ghana is a land of opportunity for private capital – Akufo-Addo
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors Pick

Ghana is a land of opportunity for private capital – Akufo-Addo

Starrfm.com.gh By Starrfm.com.gh Published June 13, 2017
Share
SHARE

President Nana Addo Dankwa Akufo-Addo has stated that his government has put in place reforms, over the last five months, which involve fiscal responsibility and discipline, addressing corruption and unresponsive bureaucracies, focussing on the productive sectors of the economy, and improving the business environment, all aimed at attracting private investment, domestic and foreign, into the country.

Ghana with these reforms, according to President Akufo-Addo, “is a land of opportunity for private capital.”

More importantly, he added, “Ghana is ‘Open for Business’, and has taken it upon herself to build a business-friendly economy that will enable her get to the stage where the opportunities that are available will help her build an optimistic, self-confident and prosperous nation. Beyond Aid.”

President Akufo-Addo made this known on Tuesday, June 13, 2017, when he delivered a speech on the theme “Ghana, A Rising Star of Africa”, at an event organised by the Konrad Adenauer Foundation, in Berlin, Germany.

Describing corruption as “the bane of our nation’s progress”, President Akufo-Addo reiterated that “we will establish this year, by Act of Parliament, an Office of Special Prosecutor, who, independently of the Executive and with a statutorily provided security of tenure, will have the responsibility to investigate and prosecute acts of corruption, free from predictable claims of witch-hunting.”

Words, he stressed, “can no longer defeat the canker of corruption. Concrete actions must. Public service is just that, public service, not an avenue for personal enrichment.”

Year one Tangibles

President Akufo-Addo stated that there are certain tangible changes his administration aims to have in place by the end of its first year in office.

“You will discover that Ghana will be an easier place to conduct business: all transactions at our ports will be paperless, and we shall remove all internal custom barriers by the beginning of September,” he said.

The President continued, “As part of the process of formalising the economy, we will implement a digital property addressing system for Ghana this year, and also issue biometric national identification cards to residents this year, so that every resident will have a unique identification number.”

He also assured that his government intends to remove some of the quaint peculiarities of Ghanaian life that have been a source of frustration in conducting business.

“Those of you who have been to Ghana might discover that you might be able to take a taxi and simply give an address, instead of our traditional the second left after the big tree and right where the woman roasts plantain,” he added.

Job creation, Free SHS, NHIS

President Akufo-Addo reiterated his commitment to creating the space for the private sector to grow the jobs that Ghanaian youth need.

“Our industrial regeneration, through our policy of 1-District-1-Factory, our agricultural revival, through the programme for Planting for Food and Jobs, targeted infrastructural development, especially of our roads and railways, and promoting access to digital technology are going to be the main avenues for job creation,” he stated.

In fulfilling the most basic elements of social justice, President Akufo-Addo indicated that his government has begun the processes of broadening access to quality education and quality healthcare.

“We shall, in September, begin to redeem our pledge of providing free Senior High School Education in our public schools. It is an important tool for the development of our country. We have begun to clear the arrears of debt that were strangling the National Health Insurance Scheme, Kufuor’s great legacy to our nation, so that we will have, again, a buoyant health delivery system to which even the poorest in our society can have ready access,” he added.

Bring laughter back to Ghanaians

The President stressed that good governance and a thriving economy are the surest way towards bringing back laughter into the lives of Ghanaians, and assured that “my government is working hard to make this a reality.”

Ghana, he said, can certainly learn a few things from Germany, especially in the field of skills training and the development of small and medium scale enterprises.

“We have a glaring hole in our technical and vocational education system, and we need urgent lessons in the setup of your apprenticeship scheme. There is a palpable can do spirit now in Ghana. People want to make a success of their lives, and hard work is coming back into fashion. There is a government in place that will provide the leadership needed to inspire,” he added.

You Might Also Like

Damang Gold Mine sells 100% of first output to GoldBod, BoG to boost Ghana’s foreign reserves

24-hour economy policy not feasible – NPP’s Michael Osei Boateng

GoldBod Jewellery hosts Boris Kodjoe at Diamond House Showroom

GoldBod’s revenue triples to $970.7m in 2025, from $307.7m in 2024

3i Africa Summit will prioritise cross-boarder payments, digital assets and investment – BoG Fintech Head

TAGGED:Akufo-AddoGhana
Share This Article
Facebook Twitter Email Print
Share
Previous Article Mahama lynching: One more suspect arrested
Next Article Zambia opposition MPs suspended

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?