Over the past few years, the environment has not been friendly to business owners who have lamented the high cost of doing business, numerous and burdensome taxes, and other factors that hinder the growth of their businesses.
While this has been a major concern for the business community, Ghanaians have also raised eyebrows about the increasing cost of goods and services in the market.
Speaking on this issue at his inauguration in Accra on Tuesday, January 7, 2025, President John Dramani Mahama urged entrepreneurs to support his redevelopment agenda to create a more favourable environment for their businesses to thrive.
He said, "To the business leaders and entrepreneurs, I invite you to support this new model and join me in shaping a business environment where creativity thrives, and the fruits of your investments contribute to the collective welfare of our nation."
We will create decent, well-paying jobs for Ghanaians – Mahama
Touching on job creation, President Mahama disclosed his intention to create decent and well-paying jobs for the teeming unemployed youth in the country. According to him, the creation of jobs will be done in collaboration with the private sector and business leaders.
"In this resounding victory, I see a clarion call, particularly from the youth of Ghana, and this moment is a powerful affirmation that your voices matter and that your future must be our priority. Our policies will be tailored to sustain innovation and foster an industry that engages today's young minds. We will create decent and well-paying jobs in collaboration with the private sector and captains of business," he said.
Meanwhile, Mahama's 24-hour economy aims to stimulate local industries, create jobs, and attract foreign investments.
This, he believes, will allow Ghanaians to heave a sigh of relief amidst efforts to restore the country to a sound footing.
SA/MA