Trade Minister urges collective action

…to make Ghana ‘business ready’

By: Ernest Afram

The Minister for Trade, Agribusiness, and Industry, Hon. Elizabeth Ofosu-Adjare, has called for a unified approach to improving Ghana’s business environment, stressing that regulatory reforms alone will not be enough to achieve lasting economic transformation. Speaking at the World Bank Group’s B-Ready Report dissemination conference in Accra yesterday, she highlighted the crucial role of collaboration between government, the private sector, and development partners in making Ghana “business ready”.

According to the Minister, while the government is committed to removing regulatory bottlenecks, the participation of all stakeholders is needed to ensure the successful implementation of reforms. “The success of business environment reforms in Ghana depends on our collective commitment to reform. Let us embrace this initiative not as a burden, but as an opportunity to build a future where every Ghanaian can thrive, where businesses can grow, and where our nation can take its rightful place as a hub for youth entrepreneurship, innovation, and job creation and prosperity for all” she said.

The minister concluded her address with a call for sustained commitment from all stakeholders to ensure the success of Ghana’s business reforms. She urged businesses to take advantage of the opportunities presented by the B-Ready initiative and pledged that the government would continue its efforts to create a fair, transparent, and predictable regulatory environment.

“The journey ahead will not be easy, but it is a journey worth taking. Let us seize this moment to transform Ghana’s business environment and create a legacy of prosperity for generations to come. Together, let us reset Ghana to make Ghana business ready” she said. The conference, held at the Kempinski Gold Coast Hotel, was attended by key government officials, representatives from the World Bank, business associations, heads of judicial Service, regulatory institutions and representatives from the Trade Ministry. It focused on the findings of the B-Ready report, a World Bank initiative aimed at assessing the ease of doing business and recommending measures to enhance economic competitiveness.