Ghana Continues To Attract Foreign Investors – Oppong Nkrumah

Information Minister Kojo Oppong Nkrumah has commended how Ghana continues to attract foreign investors.

Oppong Nkrumah disclosed this during the Ghana Investment Summit held in the United Kingdom (UK) recently, where a number of influential businessmen and political figures promoted Ghana as a good place to invest.

Nkrumah believes the rising interest in Ghana stems from the fact that the country has been well marketed.

But he urged that “while we have sold Ghana well, we more importantly need to build a robust onboarding programme for prospective investors.”

He further noted that “the jobs, incomes and improvements in quality of life that will follow, will be for our collective benefit.”

According to him, “the story of Africa in this decade has to be one of increased productivity.”

“We welcome the capital and skills from all over the world. But we should be clear in securing an enabling framework within which these investments can help our Agenda,” he urged.

Effective International Trade

The Minister of Finance, Ken Ofori-Atta has assured the international community, the Customs fraternity, and stakeholders of Customs activities that the government of Ghana is committed to policies and programmes to equip the Customs Division of the Ghana Revenue Authority to promote and facilitate international trade.

This was contained in a statement read on his behalf by the Deputy Minister of Finance Kwaku Kwarteng at the 2020 International Customs Day which was under the theme ”Customs Fostering Sustainability for People, Prosperity and the Planet”.

According to him, by the provision of an appropriate legislative framework by the Government for Customs administration and operations, Ghana Customs has been able to introduce innovative procedures and processes while adopting international best practices in the clearing and processing of goods at Ghanaian ports.

“In this, we have aimed at reducing the time and costs of clearing and taking delivering of imported consignments of goods,” he added.

He indicated that the government of Ghana has invested resources in Customs to enhance their capacity to combat drug trafficking and drugs consumption (with its attendant health hazards) as well as the international trade in narcotics and money laundering.

“We will continue to regularly review our work in this area to update the regulatory provisions, with the view to securing and protecting the people and society.

To ensure prosperity and socioeconomic development, the government policy directives are all aimed at promoting and facilitating international trade, he said.