Ghana is open for business again - John Mahama pledges to rationalise taxes

President John Dramani Mahama has assured the business community that Ghana is ready to attract both local and foreign investments.

Speaking at his inauguration in Accra today, he promised to create a business-friendly environment that would encourage growth and ensure the country remains a key player in the global economy.

He stressed that his administration would focus on revitalising the economy through strategic reforms and policies aimed at boosting investment.

Acknowledging the challenges businesses have faced in recent years, President Mahama assured stakeholders that his government would prioritise stability, predictability, and an investor-friendly environment to drive economic growth.

To the business leaders and entrepreneurs, I invite you to support this new model and join me in shaping a business environment where utility thrives and fruits of your investments contribute to the collective welfare of our nation. Your role in driving our economy forward cannot be overstated. Your innovation and dedication will be the backbone of our success story.

The President also pledged to review the tax regime, with a focus on making it more transparent and fair.

I pledge to you that we will look at the tax regime and rationalise it so that it is more transparent and fair. Members of the business community, I assure you that Ghana is open for business again.

This statement reflects the government's ongoing commitment to supporting the private sector, ensuring that Ghana’s economy remains competitive and attractive to investors.

Through these measures, President Mahama hopes to create a conducive environment for businesses to flourish, contributing to the nation’s overall economic growth and prosperity.

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