• Latest
  • Trending
Bawumia announces 10 measures to make Ghana an easier place to do business

Bawumia announces 10 measures to make Ghana an easier place to do business

March 11, 2019
GOC President congratulates Black Rockets for winning gold at 2025 Africa Youth Boxing Championship

GOC President congratulates Black Rockets for winning gold at 2025 Africa Youth Boxing Championship

May 28, 2025
Nigeria: Human Trafficking Agency probes Speed Darlington's alleged sexual encounter with a teenager

Nigeria: Human Trafficking Agency probes Speed Darlington’s alleged sexual encounter with a teenager

May 28, 2025
GRNMA unveils strike roadmap against gov't inaction and MPox outbreak

GRNMA unveils strike roadmap against gov’t inaction and MPox outbreak

May 28, 2025
Torkornoo knows her constitutional rights- Dame

Torkornoo knows her constitutional rights – Dame

May 28, 2025
Mahama nominates new MCEs for Effutu and Assin Central

Mahama nominates new MCEs for Effutu and Assin Central

May 28, 2025
Ten individuals arrested for alleged cybercrime activities in Weija

Ten individuals arrested for alleged cybercrime activities in Weija

May 28, 2025
Dr. Bawumia expresses concern over arrest and detention of Chairman Wontumi

Dr. Bawumia expresses concern over arrest and detention of Chairman Wontumi

May 28, 2025
National Media Commission swears in 18 members to oversee Ghana’s Media landscape

National Media Commission swears in 18 members to oversee Ghana’s Media landscape

May 28, 2025
Mahama unveils 24-hour economy policy, Volta Lake Corridor initiative

Mahama unveils 24-hour economy policy, Volta Lake Corridor initiative

May 28, 2025
Slow down; my dollar reserves are going to waste – Kuami Eugene speaks on cedi appreciation

Slow down; my dollar reserves are going to waste – Kuami Eugene speaks on cedi appreciation

May 28, 2025
We have not decided on the sale of our hotels- SSNIT Boss

We have not decided on the sale of our hotels – SSNIT Boss

May 28, 2025
Wontumi unable to meet bail conditions as granted by EOCO

Wontumi unable to meet bail conditions as granted by EOCO

May 28, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

Bawumia announces 10 measures to make Ghana an easier place to do business

in Sports
Bawumia announces 10 measures to make Ghana an easier place to do business
Share on FacebookShare on TwitterShare on Whatsapp

Vice President Dr. Mahamudu Bawumia has announced 10 measures introduced by various Ministries, Departments and Agencies over the past nine months in an effort to improve the country’s business environment.

A multisectoral technical team from across Government agencies presented the ambitious business reform plan to key stakeholders at Labadi Beach Hotel.

The planned reforms are within the framework of the World Bank Group’s Doing Business Report, which provides objective measures of business regulations for local firms in 190 economies and selected cities at the subnational level. The reforms will cover starting a business, obtaining construction permits, getting electricity, trading across borders, and resolving insolvency.

“These reforms are further demonstration of government’s commitment to removing the obstacles that have long kept businesses in Ghana from reaching their full potential. We aim to unleash the Ghanaian entrepreneurial spirit and open our doors to the world” Vice President Bawumia said.

The Doing Business Report has become the global benchmark for measuring how friendly countries are for businesses. The “zero-sum ranking” fosters keen competition among countries as those that don’t reform faster than their peers can go down in the ranking even if their business environment does not change. Ghana ranked 114thin the 2019 ranking, up from 120th in 2018.

“Through our work in advising Government in over 80 countries globally and over 30 in this region, we know that having the commitment at the highest level of leadership is one of most important ingredients of the reform agenda,”said Ronke-Amoni Ogunsulire, IFC Country Manager for Benin, Burkina Faso, Ghana, Niger, and Togo. “With the appropriate reform structures in place, efficient coordination and accountability mechanisms, Ghana has the right formula to succeed and implementing an investment climate conducive to growth of businesses” she added.

Ghana’s reforms which will take effect between March and June 2019 include:

1. For companies applying to register without a TIN number, the TIN number will now be generated automatically online at the point of application;

2. Launch of a mobile app and an online platform for the ease of filing tax returns; Individuals will be able to file their taxes online by April 2019

3. Implementation of an electronic justice system that allows the automated serving of court process with speed and ease;

4. Removal of the requirement for a commissioner of oaths in registering a company when the companies bill is passed;

5. Merger of all four starting-a-business application forms: TIN application, SNNIT application, Business Operating Permit application and Business Registration forms;

6. Automation of the application for Business Operating Permit along with instant online issuance following payment;

7. Reduction and automation of the steps to getting electricity;

8. Automation of the construction permit system along with instant online issuance following payment;

9. Reduction in physical examination of containers through the use of risk engine;

10. Government is working towards the passing of the Insolvency Bill and the Companies’ Bill into law by Parliament.

The objective of the Doing Business Stakeholders workshop was to engage and create awareness within the private sector which is ultimately the beneficiary of the ambitious reforms introduced by the Government of Ghana.

Tags: Labadi Beach Hotel.Vice President Dr Mahamudu BawumiaWorld Bank Group

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

No privatisation of public schools – Govt refutes allegation by GNECC

Next Post

Zinedine Zidane returns to Real Madrid: Why has he come back?

Next Post
Zinedine Zidane returns to Real Madrid: Why has he come back?

Zinedine Zidane returns to Real Madrid: Why has he come back?

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • GOC President congratulates Black Rockets for winning gold at 2025 Africa Youth Boxing Championship
  • Nigeria: Human Trafficking Agency probes Speed Darlington’s alleged sexual encounter with a teenager
  • GRNMA unveils strike roadmap against gov’t inaction and MPox outbreak
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.