Tag: FDIs
-
GHS100bn Ghana CARES program to be financed through FDIs and PPPs – Ofori-Atta
Government says it is looking forward to funding its ambitious GHS100 billion Ghana CARES programme and other initiatives through Foreign Direct Investments (FDIs) and Private Public Partnerships. In a bid to pursue a comprehensive transformation of the Ghanaian economy due to the devastating impact of the COVID-19 pandemic, the Finance Minister in presenting the 2020…
-
#CitiBusinessFestival: Be committed to partnerships to attract more FDIs – Yofi Grant to businesses
The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Yofi Grant, says Ghanaian businesses that seek to enter into joint ventures with foreign companies must understand the terms of such engagements, and give off their best to attract more Foreign Direct Investments. “In mining, a lot of development is from the foreign direct…
-
Coronavirus pandemic will affect our 2020 FDI target – GIPC
The Ghana Investment Promotion Centre, GIPC, says its Foreign Direct Investments target may be affected due to the devastating effects being caused by the deadly coronavirus pandemic globally. The Chief Executive Officer of GIPC, Yofi Grant, says the partial slowdown in some economic activities will most likely have an adverse effect on FDIs in the…
-
GIPC reviews laws to attract huge investments
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…
-
GIPC targets $ 5bn in FDIs to Ghana in 2017
The Ghana Investment Promotion Centre (GIPC) has set an ambitious 5 billion dollars target in Foreign Direct Investments to Ghana for 2017. The target is more than double the total FDIs recorded in 2016. The CEO of the GIPC, Reginald Yoofi Grant told Citi Business News he is highly optimistic of the targets considering the…
-
Strict tax exemption rules not to affect FDIs
Some tax analysts have expressed strong reservations against assertions that government’s plan to cut down on its tax exemptions, will affect Foreign Direct Investments (FDIs) to Ghana. In the tax analysts’ view, the move should rather reduce the excessive losses due to the apparent abuse of some tax reliefs in the country. “This will not…