[ad_1]
President Akufo-Addo says that a strategic partnership between Ghana and South Africa is of utmost importance as it will strengthen the business communities of both countries
with 500 million inhabitants in West Africa and Africa. 2 billion, respectively, in 20 years, the president noted that the true regional and continental markets in Africa should be in the mutual interest of South Africa, the continent's largest economy, and Ghana, door from the markets of West Africa.
"These markets will present tremendous opportunities to bring prosperity to our peoples with a great deal of hard work, creativity and enterprise," said the president, adding that "my visit here is a signal of how much we welcome President Akufo-Addo said this Thursday, during his speech at the Ghana-South Africa Business Forum, held in Pretoria, as part of his state visit to Africa's South, the first state visit paid for by a president to South Africa under the presidency of President Cyril Ramaphosa.
Addressing the theme of the summit "Promoting the l & # 39; industrialization through trade and investment ", President Akufo-Addo noted that the future economy of Africa can not be the economy of production and export of materials the former of the past must be based on value-added and industrial activities. 59002] The role of the private sector, to this end, the president stressed, is crucial. That is why in the last 17 months of his tenure, his administration has embarked on putting in place the necessary measures to reduce the cost of doing business and improve the business environment.
This, he pointed out, has resulted in increasing stability of the country's macroeconomy and cedi, single-digit inflation and the abolition of nuisance taxes whose goal is to move the economy from taxation to production.
In addition, the President noted that his government has put in place specific measures such as the introduction of a system of registration of e-business, a system paperless customs clearance, a digital addressing system, a mobile interoperability system and a national identity card system to formalize the Ghanaian economy. to do business, and to facilitate the interaction between companies and customers.
"I therefore point out to the business world in South Africa to take advantage of the growing bus climate favorable to investment in the country, to invest in Ghana.Our flagship policies of" A district, a factory " , "A village, a dam" and the "Planting Program for Food and Employment" describe areas of opportunity, which I recommend, as I make areas in the development of To facilitate and accelerate South African investments in our economy, President Akufo-Addo told the South African business community that the Ghana Investment Promotion Center (GIPC) had established an office dedicated to business. South Africa.
On the infrastructural deficit of the country, he hoped that with strong private sector participation, "we can develop a modern railway network with strong links of production center and with the potential to connect to our northern neighbors, namely Burkina Faso, to the west, ie Ivory Coast, and to the east, c & # 39; 39, that is, Togo. We believe that this is an area where technology and expertise from South Africa would be welcome. "
The President continued:" There are several projects in the roads, water, industry, manufacturing, agriculture, oil and the exploitation of our mineral wealth in bauxite, iron ore and gold, and the ICT sector, among others, which are structured to attract private financing. "
He badured South African business leaders that Ghana is a haven of peace, security and stability, a country where the principles of democratic accountability are now firmly anchored in its political body, and where the separation of powers is real in the promotion of responsible governance under the rule of law
are eager to attract foreign direct investment to tap the great potential of our country on mutually satisfactory terms President Akufo-Addo expected the Ghana-South Africa Business Forum to facilitate partnerships between Ghanaian and South African companies and create the common platform for generates ideas and ideas. "
" I hope that exchanges of this kind will strengthen relations between Ghana and South Africa, "he concluded
[ad_2]
Source link
