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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

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    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    Our cars to sell for cheaper soon- locally assembled automobile companies

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

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    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

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    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

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    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

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Trade Ministry boosts capacity of businesses with BRS

bycitibusinessnews
June 3, 2017
in Government, Local Economy, Top Stories
Alan Kyerematen - Trade and Industry Minister

Alan Kyerematen - Trade and Industry Minister

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In line with the government’s vision of making it easier for local businesses to thrive, the Ministry of Trade and Industry has collaborated  with some Municipal and  District Assemblies to develop a three-year Business Regulatory System (BRS).

The reforms are scheduled for roll out in June this year.

The BRS has seven elements which incude; Rapid Improvement of the doing business Indicators, Creation of a regulatory inventory and national Ghana Regulatory Registry (GRR) with positive security, rolling regulatory review of all business regulations.

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The others are centralized constitution web portal and a new transparency regime, regulatory relief for SMEs and entrepreneurs at early stages of growth, sustainability strategy with a regulatory reform unit and RIA as follow on steps and finally communicate about the whys of reform to the public and build capacities in the business.

The move is aimed at improving the quality of Ghana’s legal systems to promote growth, create jobs, and economic prosperity.

Speaking to Citi Business News on the matter, Head of Export Trade at the Ministry of Trade and Industry, Ebo Quaison said the ministry will ensure that the businesses operate in fair and conducive environment.

“Third will be the rolling regulatory review of all business regulations in that we wouldn’t just bring this out but every time ensure that whatever regulations are in place are tied in with the realities of the time.

The deliverables of the BRS will be implemented through an Action Plan with a strong monitoring and evaluation mechanism.

–

By: Anita Arthur/citbusinessnews.com/Ghana

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