Tag: GIPC
-
Ghana drops to 120th position in ease of doing business
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…
-
GUTA threatens tax evasion over unresolved challenges
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…
-
GIPC hosts global leaders at 1st Investment Summit
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…
-
GIPC develops strategy to grow budding entrepreneurs
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…
-
Businesses push for flexible terms under new tax exemption rules
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…
-
2017 Ghana Club 100 awards to focus on industrialization
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…
-
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 local investment growth
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…
-
Ease of doing business key for entrepreneurial growth (Audio)
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…
-
Stimulus package to be ready by end of year – Biz Dev’t Minister
Business Development Minister, Ibrahim Mohammed Awal has revealed that government will soon bring out a stimulus package for businesses. He maintains that government is identifying the distressed companies and will soon allocate the stimulus package by the end of the year. The Association of Ghana Industries (AGI) had impressed on the government to make its…