24th November 2023 11:28:01 AM
2 mins readMinister of Trade and Industry, Kobina Tahir Hammond, has announced the intention to present the Business Regulatory Reforms Commission Bill to Cabinet for consideration and subsequent submission to Parliament for passage into law next year.
0
The initiative aims to enhance the quality and transparency of regulatory administration in Ghana, fostering a predictable business regulatory environment conducive to private sector development and positioning Ghana as the most business-friendly country in Africa.Mr.
1
Hammond made this announcement during the 2nd UK-Ghana Chamber of Commerce (UKGCC) End-of-Year Gala Dinner and Awards held last Saturday at the Movenpick Ambassador Hotel in Accra.“I am happy to announce that I would be submitting to cabinet for consideration and approval, the Business Regulatory Reforms Commission Bill which will then be laid in Parliament for passage into law hopefully in its first session in 2024.
2
”Economic TransformationThe Member of Parliament (MP) for the Adansi-Asokwa Constituency in the Ashanti Region, Mr. Hammond emphasized that President Nana Addo Dankwa Akufo-Addo, advocating for transformative economic development, initiated a comprehensive Industrial Transformation Programme.
3
This program is designed to broaden and diversify the manufacturing base while encouraging investment with the aim of achieving transformative economic and social outcomes.“The transformation is about creating an environment where businesses can thrive, where innovation is encouraged and where opportunities are abundant,” he said.
4
He said it was in the spirit of transformation that “we have committed to demystifying the business regulatory regime in the country to ensure that business is conducted with relative ease.”The Trade Minister added that the event was an opportunity to celebrate the bilateral trade and investment relations which were deeply embedded in Ghana and UK’s shared past, present and future.
5
“Our ties are cemented in history, language and common interest in democracy, freedom, rule of law, inclusive development and mutually beneficial trade and investment outcomes.”Support for businessesAnthony Pile, the founder of Blue Skies Ghana Ltd.
6
and a member of the UKGCC Executive Council, stated that the chamber would keep offering its members outstanding support and unrestricted growth as they endeavor to advance trade between Ghana and the UK.
7
“I can also assure you that UK- Ghana business community has an outstanding private sector voice in the form of the UKGCC with its remarkable trajectory of growth and a relentless commitment to its members' prosperity and development,” he gave an assurance.
8
Regarding the difficulties, he stated that since the previous gala dinner and awards ceremony in 2018, national and international events like the COVID-19 had made it impractical to hold another one until this year.“The UKGCC, however, has not stagnated in the intervening period. I am proud to say that we have grown from strength to strength, and this is perfect timing for a celebration.
9
A celebration of the resilience and tenacity of the UKGCC and our members,” he said.
10
2 mins read
2 mins read
1 min read
1 min read
2 mins read
1 min read
2 mins read
2 mins read
2 mins read