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Tag Archives: GIPC

Investors to defy Ghana’s drop in doing business ranking

GIPC

An investment analyst, Mahama Iddrisu has told Citi Business News investments into Ghana would be least affected despite the country’s drop in the ease of doing business ranking. The 2018 ease of doing business report by the World Bank has ranked Ghana 120th out of 190 economies surveyed. According to the report, Ghana dropped twelve points compared to the position ...

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Ghana drops to 120th position in ease of doing business

GIPC

Ghana has dropped twelve points in the World Bank’s latest ease of doing business rankings. According to the latest report, Ghana ranked 120th, down from the 108th position last year. Accordingly, the country placed 12th in sub Saharan Africa. The ease of doing business report surveyed 190 economies across the globe. The countries were ranked based on their strengths under ...

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GUTA threatens tax evasion over unresolved challenges                                                       

Benjamin Yeboah - Executive Secretary, GUTA

The Ghana Union of Traders Association (GUTA) is demanding that government intervenes and solves all their concerns bordering on high charges and foreign invasion in the retail trade. GUTA argues that their concerns if unchecked, will bring local retail trade business on its knees. As part of protests against the development, the traders’ association is also cautioning it will cut ...

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GIPC hosts global leaders at 1st Investment Summit

MR YOFI GRANT

The Ghana Investment Promotion Centre (GIPC) is to host top executives from some of the world’s largest investment firms and multinational corporations at the Ghana Investment Summit 2017. The event will be held at the Kempinski Hotel Gold Coast City in Accra from August 20 to 22, 2017. The summit is the first major gathering of institutional investors, entrepreneurs and ...

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GIPC develops strategy to grow budding entrepreneurs

Yofi Grant

As part of efforts aimed at growing the private sector, the Ghana Investment Promotion Centre (GIPC) has begun an annual forum dubbed, ‘The Young Entrepreneurs Forum’. The program will give young entrepreneurs the needed guidelines to improve upon and expand their businesses. In addition, the forum will address the challenges young businesses face as well as afford them best practices ...

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Businesses push for flexible terms under new tax exemption rules

Mr. Yofi Grant - CEO of GIPC

The Ghana Investment Promotion Centre (GIPC) has embarked on processes to adjust Ghana’s tax exemption rules to meet the peculiar needs of investors to Ghana. In this regard, the Centre has commenced discussions with the business community to address all concerns with the new tax exemption rules. The meeting has also become apparent following concerns by investors over difficulties in ...

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2017 Ghana Club 100 awards to focus on industrialization

MR YOFI GRANT

The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Yofi Grant has stated that the performance of manufacturing companies in the Ghana Club 100 rankings show the need to direct investment to the area. Critics of the award in the past have bemoaned the increasing good performance of the services sector while industry and the agriculture sector perform ...

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GIPC reviews laws to attract huge investments

Yofi Grant

The Ghana Investment Promotion Centre (GIPC) has commenced processes to review its laws to guide existing and new investments into the country. The GIPC contends that there is the need to adjust the country’s laws to meet the modern investment trends. According to the CEO of the GIPC, Mr. Yofi Grant, the government’s efforts to attract more investments into the ...

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GIPC targets local investment growth

Yoofi Grant - CEO, GIPC

The Ghana Investment Promotion Centre (GIPC) has outlined some key initiatives aimed at building capacity of local businesses and improve the investment regime in Ghana. The CEO of the GIPC, Mr. Yoofi Grant believes the plan should enhance the competitiveness of local businesses and eventually turnaround the economic fortunes of the country. The NPP government has since assumption of office ...

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Ease of doing business key for entrepreneurial growth (Audio)

MR YOFI GRANT

Ghana’s business environment is considered as less competitive compared to some economies within the sub-region. While efforts have been made to reduce the cost and duration of registering a business in the country, it appears more needs to be done at a time that the Ghana Investment Promotion Centre is targeting 5 billion dollars in investments for 2017. This also ...

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