Businesses Urged To Take Advantage Of Govt Policies On AfCFTA2 min read

Mr David Ofosu-Dorte, Exec­utive Chairman of AB and David Law Firm, who gave the advice, said Ghana could only benefit from the agreement if the private sector work at aligning business operations with the policies aimed at promoting AfCFTA.

Speaking at the celebration of this year’s United Nations/Afri­can Union (UN/AU) Public Ser­vice Day on Friday in Accra, he noted that Ghana stands to grow its economy and realise other benefits from the AfCFTA if the private sector takes advantage of the policies.

The event was on the theme: ‘Building an (AfCFTA)-Ready Public Sector.’

In addi­tion to the National AfCFTA policy framework and action plan, he said the government had introduced policies including the One District, One Factory (1D1F), National Export De­velopment Strategy and estab­lishment of industrial parks to enable businesses thrive.

He urged the government to undertake frequency of engage­ment with the private sector on strategies being adopted to enhance investments and create con­ducive envi­ronment for businesses.

To drive Ghana’s AfCFTA plan and realise intended benefits, Mr Ofo­su-Dorte called on government to partner the private sector to intensify pub­licity on Ghanaian exclusive products.

Citing kente and shito as exam­ples, he noted that such unique and exclusive products could give Ghana the needed advantage in exporting most of its produce to other African countries.

He said the public sector should take the lead in ensuring that criteria for the promotion of AfCFTA were available and accessible to avoid operational stampedes for businesses.

“We should create publicity on exclusive Ghanaian products as one of our key strategies to maximise benefits from the AfCFTA. Some products such as shito, kelewele and kente are exclusive to Ghana and we must take advantage of it uniqueness to sell Ghanaian product.

The public sector must exist for the public to ensure stability and safety and the promotion of AfCFTA. The more the private sector thrives, the more the pub­lic sector will be recognised,” Mr Ofosu-Dorte added.

He called on political actors to work consciously towards making Ghanaian businesses globally competitive by providing incen­tives and guiding their operations.

Mr Ofosu-Dorte reiterated the need for more private sector focused data which includes information on consumer behaviour that would inform businesses investments decisions by businesses.

Chairman of the Public Ser­vices Commission, Prof. Victor Agyeman, urged public sector to ensure professionalism and integrity to create conducive en­vironment for the private sector to thrive.