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Business News of Thursday, 23 October 2014

Source: GNA

Investment in Ghana is safe - Mahama tells foreign investors

President John Dramani Mahama says Ghana is the best destination for investment, on account of the political stability and peace the country has enjoyed since a return to democratic rule in 1992.

"Ghana is ranked seventh on the Mo Ibrahim Index on Governance, and I know we have all it takes to make investment achievable," Mr. Mahama noted.

President Mahama made these remarks when he addressed an international business community in London as part of his four-day official visit to the United Kingdom.

The programme which was at the behest of the Ghana Investment Promotion Centre (GIPC) and the Royal African Society in London, was to disclose to the international community, the investment opportunities in Ghana.

The meeting which drew Dr. Ekwow Spio-Garbrah, Minister of Trade and industry, Ms. Hannah Tetteh, Minister of Foreign Affairs, Mr. Fiifi Kwetey, Minister of Food and Agriculture, and Mr. Seth Terkper, Minister of Finance also had Dr. Raymond Atuguba, Secretary to the President, Mr. Kwame Tinkorang, Director of Protocol, Ms. Mawuena Trebah-Dumor, Chief Executive Officer of GIPC, and Mr. Victor Smith, Ghana's High Commissioner to the United Kingdom in attendance.

President Mahama said, although the Ebola virus disease was currently casting a slur on the reputation of West Africa, Ghana was doing everything possible to ensure that the disease was not recorded in the country.

The President said Ghana has always been a trail-blazer on the African continent, since the independence era stressing under the new development agenda of Ghana, government was creating partnerships with other governments and the private sector to accelerate development.

On the Ebola virus disease, he said, it was no longer a West African disease, but an international challenge which requires international collaborations to combat the spread of the virus.