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Business News of Friday, 2 August 2024

Source: www.ghanaweb.com

ICUMS remains pivotal to domestic revenue generation, trade facilitation processes - Dr. Nick Danso Adjei

Dr. Nick Danso Adjei, Executive Chairman of Ghana Link Network Services Limited Dr. Nick Danso Adjei, Executive Chairman of Ghana Link Network Services Limited

Dr. Nick Danso Adjei, Executive Chairman of Ghana Link Network Services Limited, has praised the importance of local participation in generating domestic revenue for the government.

According to him, the successful implementation of the Integrated Customs Management Systems (ICUMS), a project led by Ghana Link under Dr. Adjei's guidance, has become crucial in generating revenue for the Ghanaian government and significantly improving the country's trade facilitation processes.

In light of these achievements under ICUMS, Dr. Danso Adjei was honored with two prestigious titles at the third edition of the Ghana CEO Awards. He received the Trade Facilitation CEO of the Year 2024 award and also won the Entrepreneur of the Year 2024 title, for the third consecutive year.

Financial analysts believe ICUMS serves as a game-changer in Ghana's fiscal strategy and revenue generation. The system's efficiency in streamlining customs procedures and enhancing revenue collection has been recognized as a key factor in boosting the country's economic prospects.

Dr. Danso Adjei's recognition at the Ghana CEO Awards highlights the growing importance of trade facilitation and entrepreneurship in driving economic growth, as well as the increasing role of technology in enhancing government revenue.

Dr. Danso Adjei's entrepreneurial success extends beyond Ghana Link to ventures such as Royal Nick Hotel, Royal Light, Nick TC Scan (operating in Ghana and Gambia), Misyl Energy BDC, and Nick Petroleum. These businesses demonstrate his dedication to economic growth and development both locally and internationally.

Born in Nkoranza/Bredi, Dr. Danso Adjei's journey to success began after he pursued further education and relocated to Spain. Upon his return to Ghana in 1992, he established the Royal Nick Hotel in Tema, marking the start of his impactful business career.

In addition to his business ventures, Dr. Danso Adjei has undertaken various corporate social responsibility initiatives , including the establishment of an education endowment fund in the Bono East Region.

As Dr. Danso Adjei continues to shape Ghana's economic future, his recent awards serve as a testament to his ongoing dedication to innovation, growth, and social responsibility.

The Ghana CEO Awards recognize leaders who positively influence different economic sectors, contribute to national progress, promote social transformation, and support environmental sustainability.

Dr. Danso Adjei's consistent recognition at this event solidifies his position as a key figure in Ghana's business landscape.

MA/AE