General News of Tuesday, 27 May 2025
Source: www.ghanawebbers.com
President John Dramani Mahama emphasized the need for collaboration. He spoke on Monday at the Ninth Ghana CEO Summit in Accra.
He highlighted that Ghana's economic recovery requires a partnership between government and business. This partnership should focus on accountability, shared risk, and prosperity.
“The time has come to lift the gloom,” he said. “Ghana is open for business again.”
Mr. Mahama announced plans for a national business consultative platform. This platform will facilitate regular discussions between government and industry leaders.
It will allow businesses to give feedback on policy reforms. They can also co-create solutions for national development.
The summit's theme was: “Leading Ghana’s Economic Reset.” It gathered CEOs, investors, policymakers, and development experts from both sectors.
Mr. Mahama outlined an economic reset strategy based on eight pillars. These include fiscal discipline, debt sustainability, support for local industry, and infrastructure financing through public-private partnerships.
He stressed that restoring macroeconomic stability should not limit private sector financing. “Access to credit will not crowd you out,” he assured attendees.
Mr. Stephen Blewett, CEO of MTN Ghana, called for stronger collaboration with the government. He believes this will foster innovation, job creation, and digital transformation.
“There’s no reason the next big innovation shouldn’t come from Ghana,” he stated. He urged creating an environment that supports collective potential among business leaders.
MTN Ghana has invested over $1 billion in digital infrastructure since 2021. This investment shows confidence in Ghana’s long-term potential.
Mr. Blewett encouraged other private sector leaders to invest in innovation and skills development to benefit the youth population.
Mr. Moses Kwesi Baiden Jnr., CEO of Margins Group, discussed the importance of digital identity infrastructure. He believes it is essential for a resilient economy.
He described the national ID system as crucial for governance and business efficiency. “In this digital age, data is currency; trust is foundational,” he explained.
Without a secure identity system, governments cannot function effectively or serve markets efficiently.
Mr. Baiden noted that Ghana's identity infrastructure is among the most advanced globally. The Ghana Card enables secure e-government and e-commerce systems at scale.
He called it “the most successful public-private partnership” delivering public good sustainably.
Digital identity systems have improved transparency in healthcare and financial transactions while preventing fraud.
“This is not just a card; it’s an infrastructure of trust,” he added. It serves as a gateway to inclusion and economic transformation.
The summit provided a platform for dialogue on leadership, policy direction, and investment opportunities in technology, finance, and manufacturing.