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Unfavourable business regulatory framework hindering entrepreneurial potential in Ghana – World Bank Consultant
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Emmanual Awuni, a private sector consultant at the World Bank, says an unfavourable business regulatory framework is hindering entrepreneurial potential and deepening Ghana’s unemployment situation.
He said the existing regulatory framework and requirements from state agencies were a major obstacle to the realisation of the entrepreneurial potential of Ghanaian youth.
The unfavourable business regulatory framework, which includes business registration, was demotivating the youth from pursuing entrepreneurship, he said.
This challenge, he said, could worsen the unemployment situation in the country, as 3.87 percent of the population is currently unemployed.
He was speaking at the End Poverty Day Programme which was held at the World Bank office in Accra.
“We have seen an unfavourable business regulation framework in the country. We are looking at the entry and exit points for businesses. As a young person, you know that when you are starting a business and you want to register, it is sometimes difficult. To even exit the business has its own challenges,” he said.
Mr. Emmanual Awuni called for reforms in the regulatory framework and requirements to encourage youth to pursue entrepreneurship.
He said the World Bank (WB) aimed to eliminate the bottlenecks associated with the regulatory framework by engaging the relevant agencies to improve the regulatory quality in Ghana.
Thus, the WB had supported the Ministry of Trade and Industry to introduce business regulatory reforms to give agencies the push on how to improve regulatory governance and coordination to encourage entrepreneurship in the country.
The reforms, he said, will consequentially reduce unemployment in the country.
Mr. Awuni observed that many unemployed youths in the country lacked knowledge of career paths to pursue. He urged the stakeholders in labour and employment relations to welcome the idea of pre-employment services to reduce unemployment in the country.
He indicated that economic growth in the country had not been consistent with job creation.
He said major progress in terms of economic growth in the country was achieved in the extractive sector, and a significant number of those employed in the sector were expatriates. Therefore, the economic growth was not really creating the jobs needed to reduce the unemployment rate in the country.
Source: GNA
African leaders have been urged to strengthen political commitment and domestic investment to end preventable maternal deaths and AIDS by 2030.
The call comes as African health ministers and policymakers meet in Accra to deliberate on health financing, health security and universal health coverage across the continent.
Mr Edouard Bizimana, Burundi’s Minister of Foreign Affairs, Regional Integration and Development Cooperation, made the call on Tuesday at the opening of the African Union’s (AU) 25th Extraordinary Summit on Health in Accra.
He said Africa needed increased domestic investment to build resilient health systems as it continued to grapple with infectious diseases and the growing burden of non-communicable diseases (NCDs).
Mr Bizimana, who is also Chairperson of the AU Executive Council, said although Africa accounted for nearly 17 per cent of the world’s population, it bore 24 per cent of the global disease burden while having less than three per cent of the global health workforce and only one per cent of global health expenditure.
“Despite maternal mortality declining by nearly 40 per cent since 2000, Africa still accounts for about 70 per cent of maternal deaths globally, while almost two-thirds of people living with HIV reside on the continent,” he said.
Mr Bizimana said the growing burden of NCDs was placing additional pressure on already stretched health systems.
“These figures are not merely statistics. They represent painful human realities, preventable losses and unacceptable inequalities, they remind us that health is not an expense it is a strategic investment and a prerequisite for our sovereignty and development. “he said.
Mr Bizimana said recent global health emergencies had exposed Africa’s vulnerability and underscored the need to expand local production of medicines and vaccines, strengthen the health workforce and improve emergency preparedness.
“Our citizens expect resilient health systems where every mother can give birth safely, every child has access to essential healthcare and every African enjoys quality health services regardless of where they live,” he said.
The two-day summit, being held ahead of the 20th Extraordinary Session of the AU Assembly of Heads of State and Government, has brought together health ministers, policymakers and health stakeholders to identify solutions to Africa’s health financing and security challenges.
Madam Florence Samizi, Tanzania’s Deputy Health Minister, called for stronger collaboration among AU Member States to accelerate progress towards universal health coverage.
The summit is being held on the theme: “Advancing Justice, Equality and Universal Health Coverage: Ending AIDS, Tuberculosis, Improving Maternal Health, Addressing Endemic Non-Communicable and Neglected Tropical Diseases in Africa.”
The meeting is expected to adopt the Accra Declaration, a roadmap to strengthen Africa’s health systems and advance health sovereignty by 2030. -GNA
Senior Lecturer at the University of Ghana’s Department of Political Science, Dr. Joshua Jebuntie Zaato says the imprisonment of the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi, will have little meaning unless it leads to a broader crackdown on illegal mining.
In a post on his Facebook page on the July 21, 2026, Dr. Zaato said the judgment should mark the beginning of efforts to completely eradicate galamsey and hold all those involved accountable, regardless of their political affiliation.
He said the country must work towards restoring polluted rivers, protecting forests and ensuring that people implicated in illegal mining activities are prosecuted.
According to him, those the President has publicly acknowledged to be involved in galamsey should face prosecution.
He called for the prosecution of district chief executives (DCEs), members of Parliament (MPs) and senior political party officials who have been accused of engaging in or supporting illegal mining.
Dr. Zaato further urged the government to take decisive action to end the destruction of the country’s forests caused by galamsey.
He maintained that the imprisonment of Chairman Wontumi would only have a lasting impact if it results in a comprehensive and impartial fight against illegal mining across the country.
By: Jacob Aggrey
