Gov’t will increase women entrepreneurs to 60% by 2020

Government is set to increase women entrepreneurs to 60% by the end of its tenure in office, the Minister for Business Development, Ibrahim Awal Mohammed has disclosed.
The move, according to him, would ensure a level playing ground for women to excel in their various businesses.

Answering a question before the Appointments Committee of Parliament, Mr. Mohammed said: “We intend to start from the schools. We intend to roll out the school incubator program and talent hunting in various tertiary institution and we intend to make women form not less than 60% of those targets.”

He added that his ministry will help women draw come up with projects that could turn into business plans to incubate and grow and “hopefully within 4/5 years, 60% of entrepreneurs in this country will be women”.

Meanwhile the minister designate also disclosed that, government will improve the regulatory framework of registering businesses in the country in order for the private sector to easily register their companies.

He said one of the primary objectives of the Akuffo-Addo led government is to encourage the private sector to register their enterprises in order to operate freely.

According to him, this move would make Ghana a business-friendly nation where bottlenecks in registering entities and enterprises will be removed to expand economic activities.

“One of the earliest things we will do is to look at the regulatory framework. The regulatory framework in the sense that, anything that affects business registration must be streamlined,” he said.


Business News of Thursday, 9 February 2017