The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Yofi Grant, has given a hint of a review of the GIPC Act 2013 (Act 865) which guides investments in the country. The review is to make the country more competitive globally to be able to attract more investments.
Ghana and Mauritius have signed a treaty, the Double Taxation Avoidance Agreement (DTAA), to avoid or eliminate double taxation of the same income in the two countries. The two countries also set up a permanent joint commission on bilateral cooperation as part of measures to facilitate trade between them.
The Vice President, Alhaji Dr. Mahamudu Bawumia, has been selling the Nana Akufo-Addo government’s ‘One District One Factory’ programme to businesses in Mauritius. The ‘One District One Factory’ programme is a public-private partnership for ensuring nationwide spread of industrialization in all 216 districts in Ghana.
Ghana should be able to rake in foreign investments to the tune of GH¢5 billion per annum, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Yoofi Grant, has said.
“We are going to undertake a comprehensive rebranding because we want to rake in investments to the tune of GH¢5 billion and above in a year and not GH¢5 billion in four years. This we will do by making sure the bride called Ghana is looking beautiful, attractive and respective.”