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Tag Archives: GIPC

New GIPC laws to reach cabinet within first quarter – CEO

Yofi Grant

The Ghana Investment Promotion Centre (GIPC) has told Citi Business News it should submit a draft on its proposed new regulations to cabinet by the end of the first quarter this year (2018). According to the Center, it has already engaged key stakeholders on some reforms to be rolled out in the new law. The decision to revise the GIPC’s ...

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GIPC gets tough on forgery of documents

Yofi Grant

The Ghana Investment Promotion Centre (GIPC) has disclosed that it has strengthened its monitoring to clamp down on businesses that forge documents in the registration of their operations. The Centre is currently pursuing some of such cases in court which may lead to the prosecution of persons found culpable. Though the issue has largely been associated with some expatriate businesses, ...

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GIPC targets increased investments with new online platform

GIPC

Investors seeking to do business in Ghana should be saved the hassle in registering their operations with the Ghana Investment Promotion Centre (GIPC), effective next year. It will follow the creation of a one stop online platform to cater for such processes. The Principal Investment Promotion Officer at the GIPC, Frances Menyikoba Kyiamah disclosed the new plan to Citi Business ...

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MTN is 2nd best company in Ghana Club 100

MTN building at Ridge, Accra

MTN has been named as the second best company in Ghana for this year’s Ghana Club 100. The telecom company assumed the position after a vigorous exercise which ranked the various organizations that entered the competition based on some selected criteria. In addition to being adjudged the second best company for this year, MTN also picked the best company in ...

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Newmont tops Ghana Club 100 rankings

General Manager for Newmont Golden Ridge Limited, Joep Coenen

Newmont Golden Ridge Limited has been crowned as the number one company at this year’s edition of the Ghana Club 100 awards. The company beat off competition from over ninety other companies to assume the coveted position. This is the second time the mining company has assumed the coveted position. Aside winning the topmost award on the night, Newmont also ...

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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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