President Nana Akufo-Addo has used his inaugural address to ask investors to repose confidence in the Ghanaian economy, saying Ghana is ready for business.
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"The doors of Ghana are open again; there could not be a better opportunity to make it in Ghana. Ghana is open to business again,” he said.
President-elect Akufo-Addo has promised tax reliefs to businesses that employ fresh graduates, cut down on "nuisance" taxes and lead a private sector industrialisation.
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Dressed in a colourful Kente cloth, the president said his government will provide vision, direction, and shine the light down the path of our entrepreneurs.
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He added: “We rely on a vibrant private sector to spur growth and create jobs. It is time to imagine and dream again. Time to try that business idea; we will reduce taxes to recover the momentum of our economy.”