The business community is yet to respond to the 2019 budget as a section including the Association of Ghana Industries and the Beverage Producers Association were propelling for a review of the new VAT regime.
Speaking at the 2nd Chamber of Business Awards organized by the Ghana National Chamber of Commerce, on Saturday Deputy Trade Minister Robert Ahomka- Lindsey assured that businesses will thrive in the coming year.
“If government’s call is the transformation of this economy then we believe the private sector’s role is the engine of growth. As the government, we focus on ensuring the key aspect are improved and not getting in the way of the private sector.”
He added that the government will provide macroeconomic stability, and fiscal flexibility to ensure that the private sector does not only blossom but succeeds as well.
Omanhene of the Juaben Traditional area and Chairman of the Council of State, Nana Otou Sereboe II who was the special guest of honour, was confident the Ghana Beyond Aid agenda can be achieved if the private sector supports the government.
“To reverse this trend of Ghana’s over-reliance on foreign to transform the Ghanaian economy and create prosperity for all on a sustainable basis requires a paradigm shift in the way we plan and execute our development agenda, “he stated.
On his part, president of the GNCC, Nana Appiagyei Dankawosu I, urged the private sector to develop innovative ways to boost their operations.
According to him” capacity building is important in our quest to achieve Ghana Beyond Aid.”
Various individuals and companies were awarded for their contributions towards industrial growth.
Mr. Daniel Mckorley the Chief executive officer of McDan Shipping Company was adjudged the Chamber Business Man of the year while Janet Abobigu of Uni-Jay Limited was named Chamber Business Woman of the year.
Ruth-Maria Assandoh was named Young Entrepreneur of the year.
Coco-Cola Bottling Company Limited won Manufacturing Company of the year.
Accra City Hotel was adjudged Hospitality Company of the year.
Agribusiness Company of the year went to Nyankopa Cocoa Buying Limited. Several other companies received various awards.
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