AMCHAM GARIA Panel Discussion on Ghana’s Economy: From Stabilization to Growth

 

American Chamber of Commerce Ghana (AMCHAM) and the Ghana Association of Restructuring and Insolvency Advisors (GARIA) would be hosting a Panel discussion on Ghana’s Economy: Moving from Stabilization to Growth with experts drawn from the Business environment in Ghana.

The program is schedule on Friday 16, 2018, from 9:00am to 12:00pm at the Mövenpick Ambassador Hotel in Accra.

The AMCHAM – GARIA Collaboration Initiative is aimed at creating a platform for stakeholders in public, private dialogue to enhance the ease of doing business in the country.

On the Panel are: Dr. Henry Kerali, World Bank – Ghana Country Director, Dr. Ishmael Yamson, Board Chairman of Standard Charted Bank, and Ms. Ayesha Bedwei, Tax Partner at PwC Ghana. The Event would be moderated by Mr. Felix Addo, President of the GARIA.

According to the Association, the event would focus on the current state of the economy and future prospects, the tax outlook in Ghana and the Oil and Gas industry with the arrival of ExxonMobil.

Meanwhile, Ghana dropped from 108 in 2017 to 120 in 2018 out of 190 economies in the World according to the World Bank Ease of Doing Business 2018 reports.

Experts asserts that with the current improvement and streamlining of some of the activities using technologies especially easing access to registering businesses, getting credit, passing the Companies Bill and Insolvency Bill among others would positively impact the economy of Ghana. When initiated, experts believe it would leap forward Ghana to about 90 in the world and about 6 position in Africa which will attract investors in the country. Mauritius and Rwanda are ranked 1 and 2 in Africa as well as 25 and 41 in the world respectively.

The event forms part of the 3^rd Edition of the collaborative event focused on “Enhancing the Ease of Doing Business” in Ghana.

 

About AMCHAM Ghana

The American Chamber of Commerce (AMCHAM) Ghana is a representative arm of the US businesses and subsidiaries in the country including Ghana Businesses with Strong US ties. It is affiliated with the United States Chamber of Commerce, which is the World’s largest business organization representing over 3 million members and 177 affiliates all over the world. AMCHAM Ghana is also an active member of Africa Business Centre which is the continent’s arm of the US Chamber of Commerce.

The core mandate of AMCHAM is to advocate for U.S businesses and by extension the promotion of the Foreign Direct Investments (FDI’s) into Ghana; creating enabling environment for businesses in which Ghanaian and US businesses can thrive, promoting the spirit of free enterprise, creating opportunity and prosperity for our two countries.

 

About GARIA

GARIA is an association of professionals with an interest in restructuring and insolvency established to play a leadership role in corporate restructuring, business recovery and insolvency advisory in Ghana. GARIA is a member of the INSOL International, the Global body of Restructuring and Insolvency Professionals.

GARIA’s goals are: to encourage restructuring of distressed entities including state-owned enterprises and other business establishments; to promote and play a thought leadership role in connection with and in relation to business turnarounds and insolvencies; to promote law reforms in effective business recovery measures and insolvency; to provide a forum for practitioners engaged in business recovery and insolvency practice; and, to promote international cooperation with respect to insolvency or business recovery and related cross border matters.

 

 

By: Ghanadailies.com/Business