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
    Cedi performance in first half of year has been impressive – Finance Minister
    July 24, 2025
    We chose to save, not collapse an indigenous bank – Ato Forson
    July 24, 2025
    Government transfers 500 million Nestlé Ghana shares to NIB – Finance Minister
    July 24, 2025
    President Mahama announces cancellation of fuel allowances for political appointees as cost-cutting measure
    Mahama bans gov’t contracts in foreign currencies – Finance Minister
    July 24, 2025
    Czech government, SEDA Africa donate cutting-edge tech to Greater Accra Regional Hospital
    July 24, 2025
  • Business
    BusinessShow More
    Cedi performance in first half of year has been impressive – Finance Minister
    July 24, 2025
    NIB to play key role in Ghana’s industrial and agricultural drive
    July 24, 2025
    We chose to save, not collapse an indigenous bank – Ato Forson
    July 24, 2025
    Government transfers 500 million Nestlé Ghana shares to NIB – Finance Minister
    July 24, 2025
    President Mahama announces cancellation of fuel allowances for political appointees as cost-cutting measure
    Mahama bans gov’t contracts in foreign currencies – Finance Minister
    July 24, 2025
  • Politics
    PoliticsShow More
    President Mahama announces cancellation of fuel allowances for political appointees as cost-cutting measure
    Mahama bans gov’t contracts in foreign currencies – Finance Minister
    July 24, 2025
    Minority petitions Diplomatic Corps, Mahama over Ablekuma North rerun violence
    July 24, 2025
    Gov’t saves GH₵4.9bn in interest payments – Ato Forson
    July 24, 2025
    Efforts underway to revamp Prof. Mills Library after years of neglect – Mahama
    July 24, 2025
    Ablekuma North Violence: Arrests mean nothing without prosecution – Security Consultant
    July 24, 2025
  • Entertainment
    EntertainmentShow More
    The Weeknd & Shakira to headline 2025 Global Citizen Festival with Tyla, Ayra Starr & Mariah The Scientist
    July 22, 2025
    ACP partners MiPrime Entertainment to Champion Investment in Ghana’s Creative Industry
    July 21, 2025
    I want music to be my legacy, not fame – Rocky Dawuni
    July 18, 2025
    The sense to minister with music came early – Rocky Dawuni
    July 18, 2025
    “You can’t be a Black man and worship a white God” – Rocky Dawuni
    July 18, 2025
  • Sports
    SportsShow More
    Kofi Adams hails Black Queens for gallant AFCON semi-final performance
    July 23, 2025
    Black Queens bow out of WAFCON 2024 after 4–2 penalty loss to Morocco
    July 23, 2025
    Sports Minister rallies Black Queens ahead of WAFCON semi-final with Morocco
    July 22, 2025
    Ghana and Serbia forge strategic sports partnership with landmark MoU
    July 22, 2025
    Ghana to host historic Rugby League Tri-Nation Series this November
    July 21, 2025
  • Technology
    TechnologyShow More
    AI integrated skills training needed to escape job losses – NBU YEC
    July 23, 2025
    Samsung Ghana unveils 2025 TV line-up
    July 22, 2025
    Osman Ayariga speaking on youth empowerment and AI at World Youth Skills Day event
    “Youth should not see AI as competition, but as a digital tool” – Osman Ayariga
    July 17, 2025
    Samsung Introduces Future-Ready Mobile Security for Personalized AI Experiences
    July 16, 2025
    Samsung Electronics acquires Xealth, bridging the gap between wellness and medical care
    July 16, 2025
  • International
    InternationalShow More
    Education Minister Haruna Iddrisu signs MoUs with GEICO and CMS Group for new public universities
    Education Minister signs MoUs with GEICO, CMS Group to establish two public universities
    July 15, 2025
    Presidency terminates Zoomlion’s contract over concerns of impropriety and inflated billing
    Mahama pushes AU–CARICOM partnership to strengthen global reparations push
    July 14, 2025
    47th AU Forum: Ablakwa criticizes $1.2m AfCFTA allocation as ‘highly insufficient’
    July 10, 2025
    Minority demands audit over $1.2m passport relaunch cost and delays
    July 9, 2025
    Minority demands compensation for citizens stranded by US embassy closure
    July 9, 2025
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: WB report: Ghana still attractive – GIPC boss
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.
BusinessHeadlines

WB report: Ghana still attractive – GIPC boss

Starrfm.com.gh By Starrfm.com.gh Published November 2, 2017
Share
SHARE

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC) Yofi Grant has assured investors Ghana is still an attractive place to do business in Africa.

According to him, the Akufo-Addo-led government is embarking on several reforms such as the E-registration of businesses and the paperless system at the ports to boost the economy.

Mr. Grant’s assertion is coming on the heels of a recent World Bank report on the Ease of Doing Business which saw Ghana dropping 12 places. The West African country moved from the 108th position it recorded last year to 120th spot. The 15th edition of the study was carried out between June 2016 and June 2017.

It measured 11 critical areas such as starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

Ghana scored 84 percent when it comes to the ease of starting business, dealing with construction 61 percent, getting electricity 56 percent and registering property 55 percent. New Zealand, Singapore and Denmark retained their first, second and third spots, respectively, followed by Republic of Korea; Hong Kong SAR, China; United States; United Kingdom; Norway; Georgia; and Sweden.

Mr. Grant admitted the report “on the face of it, is a bit worrying for us because that is not where we want to be.”

However, he told the media in Dubai, “We need to do much better… It’s also an issue of relativity. Although we are reforming, others are reforming faster than we are and taking it more aggressively. We actually dropped in one indicator…”

He noted that “Ghana is still the cynosure of many investors. I believe that we are still attractive because we are in the centre of the world, peaceful, politically stable and government committed to change and transformation. We need to be aggressive in some of the reforms to make us the best place to do business.”

Grant is optimistic the report on Ghana will be positive come next year.

“The government has engaged in significant reforms which will feature significantly in next year’s reforms. We are currently engaged in review exercises to ensure that whatever reform we do inures to our benefit to facilitate growth and bring discipline into the economy.

“I’m confident that we are on track… because the Ghanaian can’t wait and want to see our economy grow. We’ll do much better than before. Let’s put our shoulders together,” he added.

Source: Ghana/Starrfmonline.com/103.5FM

You Might Also Like

Cedi performance in first half of year has been impressive – Finance Minister

NIB to play key role in Ghana’s industrial and agricultural drive

We chose to save, not collapse an indigenous bank – Ato Forson

Government transfers 500 million Nestlé Ghana shares to NIB – Finance Minister

Mahama bans gov’t contracts in foreign currencies – Finance Minister

TAGGED:GIPC
Share This Article
Facebook Twitter Email Print
Share
Previous Article W/R: Three armed robbers arrested in military uniform
Next Article Ronaldo provides explanation for Real Madrid’s struggles

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?