Provide Competitive Environment To Attract Investors – Sam Jonah Tells Gov’t

Business mogul and Executive Chairman of Jonah Capital, Sam Jonah has called for urgent steps to address the rising levels of unemployment in the country.

According to him, government needs to provide a competitive environment to attract investors, in order to create jobs in the country.

He made this statement in his keynote address at the 69th Annual New Year School and Conference (ANYSC), at the University of Ghana in Accra on Monday.

“I believe that, given the opportunity with strong government support in creating the requisite environment for national capitalism, the Ghana entrepreneur can deliver growth with jobs that will lead to sustainable development for our motherland”, he stressed.

Citing the recent incident where over 84,000 youth had applied for recruitment in the Ghana Immigration Service, he said the incident captured the crisis of joblessness in the country.

According to him, the urgency of job creation becomes more obvious when 60% of youths in the country are under the age of 35.

“In this regard I’m sure you will agree with me that unemployment in general and youth unemployment, in particular, has become a critical national security issue,” he said.

Touching on lands, he said the country’s land system is outmoded, making it cumbersome for businesses to own or rent land in the country.

“Our land administration system has been in a state of confusion for years. It is one of the few agencies that have still defied the digital age…Clearly, something ought to be done because land title is absolutely critical for investment promotion,” he said.

He described land as a critical item for investment promotion, and further called for firm efforts to digitize land administration in the country to make it effective.

“Our land administration system has been in a state of confusion for years. It is one of the few agencies that have still defied the digital age…Clearly, something ought to be done because land title is absolutely critical for investment promotion,” he stressed.

Meanwhile, government has assured Ghanaians that it will digitalize land titles this year to help boost the mortgage market and also strengthen the banking sector.

They believe that digitalizing all land titles will make the process of interrogating titles and registering much simpler.

By: Emmanuel Yeboah Britwum/ thePublisher