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GIPC Boss advocates for regulatory reforms to attract investment

Edzorna Francis Mensah by Edzorna Francis Mensah
March 12, 2025
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Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie(Esq), has emphasized the need for regulatory harmonization and tax reforms to improve Ghana’s business environment and attract foreign direct investment (FDI).

He made these remarks at Ghana’s Economic Outlook 2025, a forum organized by the Ghanaian-German Economic Association (GGEA).

Speaking to an audience of industry leaders, policymakers, and economic experts, Mr. Madjie stressed that Ghana’s economic future depends on creating a stable and predictable investment climate.

“Ghana’s challenges are not new, but how we respond will determine whether we remain a competitive investment destination. A coordinated regulatory framework and investor-friendly tax policies are critical to restoring confidence and driving growth,” he stated.

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He expressed optimism that ongoing service enhancements at GIPC and government-led initiatives would reaffirm Ghana’s position as the region’s top investment hub.

Mr. Madjie was joined by Hon. Seth E. Terkper, Presidential Advisor on the Economy; Dr. M.C. Vasnani, President of GGEA; Prof. Godfred Bokpin, Economist & Professor of Finance; and Mr. Kofi Frempong-Kore, Partner and Head of Tax at KPMG.

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