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Tuesday 17 October 2017


[N] PURC boss, Samuel Sarpong, sacked
[N] Don’t stampede gov’t into closing fuel stations – OMCs
[N] £350k Scandal: Otumfuo clean – Sacked Bank Official
[N] 245 suspected drug peddlers, prostitutes arrested in Ashanti
[N] Don’t follow ‘malicious’ social media – Rawlings advises Media General
[N] Gov’t withdraws Zongo Development Fund bill


[B] Ghana woos investors at IMF/World Bank Meetings
[B] Hybrid power stations to add 850MW to grid
[N] Agric College Students Picket At MoFA Today
[N] We don’t need cabinet meeting to solve gas explosions – Namoale
[N] Cost of home loans drop to 30.6 %
[B] Ghana’s exports rise to $ 8.9 billion
[N] Gov’t investigating report of Ghanaian ISIS fighters – Majority
[N] Tension in Bimbila ahead of late chief burial Thursday
[N] Akufo-Addo's 'one achievement, one launch' is new NPP strategy
[N] God is the reason - 13-year-old KNUST student says
[N] Workers on the Kejetia market project to lay down tools following threats
[N] Parliament tasks 3 committees to investigate gas explosions
[N] Mansco Gas must compensate explosion victims – Mahama Ayariga
[N] Police accused in Delta Force 13 case


[B] Airlines upbeat about boost in business
[N] Earlier charges against Delta Forces dropped
[N] SUNDA Int. & TWYFORD Ceramics donate to gas explosion victims
[N] Operation to ban public smoking in Tamale to be activated after six arrested in
[N] AUCC founder launches book about his life as public servant and private citizen


[S] Ghana Rugby team beats Mauritius in impressive Sevens campaign
[N] Thieves steal car at Legon after man fled from Atomic gas explosion
[N] Fuel explosions: NPA to employ 200 extra safety auditors – Agyarko
[N] Petrochemical workers opposed gov’t's new policy on gas explosions – Abu Ramadan
[N] Kwadaso Agric. College Students boycott lectures over unpaid allowances
[N] Court grants withdrawal of application against lawyer for EC boss
[N] Nana Addo to personally pay for presidential correspondent’s funeral
[N] NDC financiers, others frustrated our fight against 'illegal' fuel stations - Ay
[N] New Ya-Naa Will Be My 1st Year’s Crowning Achievement – Akufo-Addo


[N] Kwadaso MP visits flood prone areas after heavy down pour
[I] Ellen Johnson Sirleaf Touts Legacy As She Prepares To Step Down  
[N] Wassa Akropong Shooting; 4 Arrested
[N] Brother Of 13-Year-Old KNUST Student To Break Sister’s Record
[N] Encroachment of Owabi Forest cause of flooding at Atafoa- Assemblyman
[N] Kwadaso: building kills 2, 1 in critical condition
... go Back

[ 2017-10-11 ]

Finance Minister Ken Ofori Atta

Ghana woos investors at IMF/World Bank Meetings
Finance Minister Ken Ofori Atta is urging global
investors to put their money behind Ghana’s
growing economic opportunities.

He cites especially the Financial Services,
Industry and Agriculture sectors as holding high
prospects of safe investments and high returns in
the coming years.
The Finance Minister has been speaking at an
Investment Pitch on the sidelines of the IMF /
World Bank Annual meetings in Washington DC. 

According to him, the strides so far made in
stabilizing the economy signaled a beginning of
the improved business-friendly environment in
Ghana which investors need to capitalize on.

“In a nutshell, we’ve created a pretty positive
environment. I think the spirit for people to do
things differently is manifesting and its clear at
least on the international level where Moody’s,
Fitch and S&P have all upgraded us given the type
of work that is being done” he noted.

I think the commitment of the president and the
team in terms of moving Ghana beyond aid is
something that we are not compromising on.

We feel very deeply that Ghana can be that pillow
stability and beacon so that we radiate this type
of good governance supported by good micro
policies and an opening for private sector
investment” he noted.

Chairman of the Finance Committee of Parliament Dr
Mark Assibey-Yeboah who is part of the delegation
later told JOYBUSINESS, Ghana’s pitch was well
received and should soon yield results.

“The programme was to try and woo investors and it
was well-attended as you can see - so many
investors came in here and the pitch by the
Finance Minister was concise and clear.

The message in there is that this is a new
administration ready to deliver, they are
committed to their fiscal consolidation and it’s
seen in lowered interest rates, low risk of
inflation, a stable currency, economic growth

“So if you want to do business, Ghana is ready to
accommodate you and you can see the excitement on
the faces of the investor community here, the
questions that they asked and the testimony from
those who have done business in Ghana in the past
show clearly that Ghana is the choice destination
for business in Africa” he concluded.  

Ghana’s delegation for the 2017 IMF / World Bank
annual meetings is led by Senior Minister Yaw
Osafo Marfo and includes the Finance Minister,
Planning Minister Prof Djan Bafour, Deputy Finance
Minister Charles Adu Boahen and Deputy Minister
for Information Kojo Oppong Nkrumah.

It also includes Bank of Ghana Governor, Dr Ernest
Addison and his first Deputy Maxwell Afari.  A
team of technical advisors from the Ministry of
Finance and Bank of Ghana is also supporting the

The annual IMF / World Bank meetings are a
platform to engage global finance and development
agencies to secure commitment and support for a
country’s economic and development agenda.

Ghana’s recent participation in similar
international events have brought benefits such as
inclusion in the G20 compact which will provide
€120 Million Euro for the country.

Source - Joy Business News

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