Skip to main content

GIPC Calls for Stakeholder Participation in Shaping New Investment Promotion Bil

 Chief Executive Officer, of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has called for strong stakeholder participation in shaping the Ghana Investment Promotion Authority (GIPA) Bill, 2025.

The Bill, which is expected to replace the current GIPC Act, 2013 (Act 865), seeks to establish GIPA as the lead agency to encourage, promote, and regulate investments into and within Ghana.

GIPC, GIPA Bill

At a stakeholder consultation with public sector representatives in Accra, Madjie said the new framework must reflect the realities of Ghana’s evolving investment climate.

This process is about more than drafting legislation. It’s about listening, building consensus, and ensuring the rules we set actually work for investors and for Ghanaians,” he noted.

The GIPC boss added that the GIPA Bill would tackle persistent issues such as fronting and regulatory inconsistencies, while also strengthening mechanisms to support both local and foreign investors.

GIPC, GIPA Bill

The Director of GIPC’s Legal Division, Naa Lamle Orleans-Lindsay, explained that the new law would expand the Authority’s mandate, review minimum foreign capital requirements, and introduce a revised governance structure to better protect investors.

The engagement ended with a lively Q&A session, where participants shared concerns and offered recommendations to refine the draft Bill.

Comments

Popular posts from this blog

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...

E&P takes over Black Volta and Sankofa Gold projects after years of delay

 Indigenous mining firm Engineers & Planners (E&P) has acquired Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd, taking full control of the long-stalled Black Volta and Sankofa gold concessions in the Upper West Region. The transaction, registered with the Registrar of Companies and approved by the Minerals Commission, ends nearly two decades of under-investment, legal disputes, and capital shortfalls that kept the concessions dormant. With global gold prices trading above $3,000 per ounce, the move comes at a time when Ghana is seeking fresh mining revenue to support its IMF-backed fiscal consolidation programme. E&P announced that it has secured funding to begin mine development and has committed to repaying verified debts associated with the projects. Ghana travel guide The company outlined a structured plan that includes: Working with the Ghana Revenue Authority (GRA) to audit and confirm loans previously recorded as project investments. Repaying genuine d...

Ghana Property & Lifestyle Expo Ignites Global Interest in Ghana’s Real Estate Market with Landmark Washington DC Edition

  Washington DC, USA – Hundreds of investors, professionals, and diaspora attendees gathered at the Washington Marriott Georgetown for the Ghana Property & Lifestyle Expo (GPLE) – Washington DC Edition , marking the dynamic launch of the 2025 Global Series. The two-day international showcase delivered a powerful mix of credible investment opportunities, expert insights, and strategic networking, spotlighting Ghana’s booming real estate sector as a leading destination for property and lifestyle investment in Africa. From luxury apartments and serviced plots to gated communities and commercial developments, attendees experienced the best of Ghana’s property landscape—featuring top developers from Accra and Kumasi, including Royal Kingdom Estate, Goldkey Properties, Devtraco Plus, Clifton Homes , and others.   Eddy Acquah Moderator & AJ Akua Johnson Brand Ambassador GPLE (Actress , Fitness Coach & Philanthropist) [/caption] Ambassador Victor Smith Applauds Expo’s Rol...