UKGCC Calls On CEO of LSE

As part of planned activities to strengthen the ties between British and Ghanaian businesses, a delegation of government officials through the UK-Ghana Chamber of Commerce (UKGCC) called on the CEO of the London Stock Exchange (LSE) to deliberate on business issues that seek to benefit Ghana and its citizens. Led by the Senior Minister, Hon. … Read more

GIPC Must Show Long Term Plan For Traders–GUTA

The Ghana Union of Traders Association (GUTA), has impressed on the CEO of the Ghana Investment Promotion Center (GIPC), Yofi Grant to outline his plans for traders if the center will no longer pursue protectionism. GUTA met with Mr. Grant on Wednesday to present challenges facing traders, expressing dissatisfaction on the decision taken by GIPC. … Read more

Plans To Open Up Retail Sector Only A Suggestion

Ghana Investment Promotion Centre’s (GIPC) indication that it will stop reserving the retail sector of the economy for only Ghanaians, was only a suggestion geared towards boosting investment both internally and externally. Speaking on the Citi Breakfast Show, the Centre’s CEO, Yofi Grant, said the Centre has not put forth any concrete policy in that regard. … Read more

Ghanaian Businesses Want Support, Not Protection

The CEO of the Private Enterprise Federation (PEF), Nana Osei-Bonsu, has stressed the need for more support from the government if indigenous businesses are to succeed. Speaking during the Investment Opportunities Forum at the Citi Business Festival, Mr. Osei-Bonsu said this would be more beneficial to Ghanaian businesses and investors, asserting that, “we are not … Read more

Investment Opportunities Forum Comes Off Tomorrow

The next outdoor event of the month long Citi Business Festival, which is the Investment Opportunities Forum, will be held tomorrow at the Alisa hotel in Accra at 9am. The event is in partnership with the Ghana Investment Promotion Center (GIPC) and it is aimed at addressing challenges that face locals and foreign investors in … Read more

Reserving Retail Sector For Ghanaians Limits Us

Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has stated strongly that the centre will no longer reserve the retail sector of the economy for Ghanaians alone. He maintained that the practice has constrained most business owners in the sector who fear competition from growing and expanding their operations into … Read more

GIPC To Become One-Stop-Shop For Investors

The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Mr. Yofi Grant, has disclosed that his vision is to promote the GIPC as a strategic partner in Ghana’s development drive. Towards this effort, the agency will be rebranded as a one-stop-shop for investors. He said his outfit is geared to promote the country’s … Read more

Yofi Grant Rails Against Protectionism, Says Incentives Are What Businesses Need

The CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has said that incentives are what local businesses need and not a protectionist regime to shield them from foreign competition. Speaking at the launch of the Ghana-Gulf Chamber of Commerce in Accra, on Wednesday, the GIPC boss said globally there are several opportunities that … Read more

Yofi Grant Lures Chinese Investors

The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC) is calling on Chinese investors to make Ghana their investment hub in West Africa. According to Yofi Grant, this will diversify the economy as well as create jobs for Ghanaians which will intensify the mutual relationship between the two countries. He was speaking at … Read more

Industrial Sector In Terrible Shape; Ends 2016 With -1.4% Growth

Erratic power supply, high inflation, high taxes, exchange rate volatility, and the high cost of credit, among a host of other business crippling factors, led the industrial sector down a negative growth path last year. Quarterly GDP figures released by the Ghana Statistical Service (GSS) last week show that the sector recorded a year-on-year annual … Read more

Industrial Sector In Terrible Shape …ends 2016 With -1.4% Growth

Erratic power supply, high inflation, high taxes, exchange rate volatility, and the high cost of credit, among a host of other business crippling factors, led the industrial sector down a negative growth path last year. Quarterly GDP figures released by the Ghana Statistical Service (GSS) last week show that the sector recorded a year-on-year annual … Read more

Finance Minister Assures Diaspora of Their Role In Ghana’s Development

The Finance Minister, Mr. Ken Ofori-Atta, has told Ghanaian Diaspora that the President Akufo-Addo-led government is focused on having an institutional mechanism to tap their capital and knowledge for the accelerated development of the country. To this end, he said that a special Diaspora conference will be held in Accra, from July 5 to 8, … Read more

Non-Deal Roadshow Team Moves To New York

A team of senior government officials, led by the Vice President, Dr Mahamudu Bawumia, have moved to New York to sell Ghana’s success story on a non-deal roadshow. The roadshow is expected to help attract investors into the country and comes a day after the annual spring meetings of the World Bank and International Monetary … Read more

GIPC Prepares Database On Investment Opportunities

Ghana Investment Promotion Centre (GIPC) is setting up a database of investment opportunities and investible assets in the country. It will be made available to both investors and potential investors to enable them to make informed investment decisions on Ghana. It will also provide the market value of projects. The Chief Executive Officer of GIPC, … Read more

Government Must Rethinks Tax Retention Policy

The Ghana Investment Promotion Centre (GIPC) officials have met with the Finance Minister, Ken Ofori-Atta, to seek a review of the tax retention policy captured in the 2017 budget and economic policy statement of government. The policy, requires all companies, including importers, who qualify for tax and duty exemptions to pay their taxes upfront to … Read more

Government To Scrap Tax Retention Policy – Yofi Grant

The Chief Executive Officer of the Ghana Investments Promotion Centre, Yofi Grant, has assured investors and the business community of government scrapping its new tax retention policy which request “provisional payments of all imports and taxes” soon. According to Mr. Grant, the new policy which requires qualified applicant for exemption to pay taxes upfront to … Read more

GIPC Set For Annual Investment Meeting In Dubai

The Chief Executive Officer of the Ghana Investment Promotion Center, Yofi Grant will take part in this year’s Annual Investment Meeting (AIM) in Dubai as part of the center’s approach to attract more Foreign Direct Investment (FDI) in to the country. Mr. Grant, since his appointment as the head of the center, has pursued an … Read more

‘We Want To Build A Ghana Beyond Aid’ – Akufo-Addo

President Nana Addo Danquah Akufo-Addo has reiterated his government’s determination to build a country that will no longer depend on charity and handouts, but one with an economy that will look at proper management of its resources to engineer social and economic growth. We want to build a Ghana beyond aid; a Ghana which looks … Read more

‘We Want To Build A Ghana Beyond Aid’ – President Akufo-Addo

“We want to build a Ghana beyond aid; a Ghana which looks to the use of its own resources. We want to build an economy that is not dependent on charity and handouts, but an economy that will look at the proper management of its resources as the way to engineer social and economic growth … Read more

I Have Big Plans For Ghana – Akufo-Addo

The President, Nana Akufo-Addo, has reiterated his government’s determination to building a country independent of charity and handouts from the West. He said he will build an economy that will properly manage and utilize local resources to engineer social and economic growth. Nana Akufo-Addo made this known when he interacted with the Ghanaian community in … Read more