Business News of Friday, 18 October 2024

Source: GNA

Margins CEO challenges business leaders to shape economic policies

Moses Kwasi Baiden Jnr., CEO and Founder of Margins ID Group Moses Kwasi Baiden Jnr., CEO and Founder of Margins ID Group

The Chief Executive Officer (CEO) of Margins ID Group, Moses Kwesi Baiden Jnr, has challenged business leaders to actively participate in shaping policies that drive economic growth and ensure political transparency.
He emphasized that the future Ghana desires will not happen by chance but by design.

“It will happen because we choose to stand up, engage, and demand more from ourselves and those in leadership,” Baiden stated at the launch of the "1st Ghana CEO-Presidential Manifesto Gala Dinner" in Accra.

Baiden described the Gala Dinner as a beacon of progress, a call to action, and a defining moment for Ghana's business and political landscape.

He stressed that the event provides business leaders with a unique opportunity to voice their concerns and collaborate closely with political leadership to chart a course towards sustainable economic progress.

According to Baiden, the Gala presents a unique opportunity for business leaders to engage directly with the nation’s political leadership at the highest level.
He emphasized that this is a bold step toward building a future where business thrives alongside good governance.

Baiden highlighted that this gathering is more than just a platform to be heard—it’s about setting the agenda for a future built on partnership.

The business community plans to challenge political leaders to deliver on their promises, foster an environment that encourages innovation and entrepreneurship, and ensure Ghana remains a hub of opportunity for future generations.

Baiden noted that sustainable development is achieved through collaboration, action, and accountability.

He highlighted Ghana's incredible potential, not only in resources like gold, oil, and cocoa but in its people, entrepreneurs, and capacity for innovation.

“We need a governance system that aligns with this potential, removes barriers to growth, and empowers our businesses to compete on the global stage,” Mr. Baiden stressed.

He outlined several strategic recommendations, including the establishment of a Permanent Business Advisory Council to drive policy reform, the overhaul of the regulatory environment, the strengthening of the digital economy, and the prioritization of evidence-based policy making.

These, he noted, are essential building blocks for a future where Ghana’s economy is strong, resilient, and inclusive.

Baiden described the Gala as not just an event but a movement—a platform where the business community and political leadership can come together to forge a new path toward economic progress and political accountability.

Touching on the theme of the event, "Reigniting the Business Economy and Social Contract for Growth: A Business Manifesto for Political Accountability and Sustainable Development,"

He emphasised the urgent need for business leaders to participate in shaping policies that drive economic growth and ensure political transparency.

He stated that the commitments emerging from this platform—whether through the Social Contract Signing or the promotion of Public-Private Partnerships (PPPs)—would be vital in creating an enabling environment for businesses and securing Ghana’s future.

He urged business leaders to take up the mantle of leadership and actively participate in this historic dialogue.

Ernest De-Graft Egyir, Founding CEO of Chief Executives Network Ghana, echoed these sentiments, stressing Ghana's untapped economic potential despite challenges such as economic instability and the need for greater political transparency.

Egyir noted that a key feature of the Gala will be the signing of a social contract by the flagbearers of the National Democratic Congress (NDC) and the New Patriotic Party (NPP), where they will publicly commit to good governance and economic collaboration.

George Ankomah, Lead Tax Partner of Deloitte, in a keynote address on behalf of Daniel Kwadwo Owusu, Country Managing Partner of Deloitte Ghana, urged both business and political leaders to align their efforts for sustainable growth.

He emphasised that while political manifestos offer glimpses into the future, collaborative action between the private sector and political leadership is key to realizing Ghana’s prosperity.

The Gala, organised by the Chief Executives Network Ghana in collaboration with Deloitte, PwC, the University of Ghana, UPSA Law School, and the Multimedia Group, will serve as a platform for CEOs and political leaders to align strategies for economic growth and social responsibility beyond 2025.

Watch the latest edition of BizTech below:





Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Click here to follow the GhanaWeb Business WhatsApp channel