Private Sector Eager, Prepared to Work with Government to Boost Production: GNCCI President

Accra: Mr. Stephane Miezan, the President of the Ghana National Chamber of Commerce and Industry (GNCCI), has announced that the private sector is eager and prepared to collaborate with the government to enhance production and expand Ghana’s exports. He emphasized the necessity for deeper engagement, shared goals, and mutual commitment between policymakers and the business community to achieve these objectives effectively.

According to Ghana News Agency, Mr. Miezan expressed these views at the launch of the 5th Chamber Business Awards in Accra, which was themed ‘Revitalising Ghana’s Development Agenda Through Strategic Public-Private Collaboration.’ He stated that this year’s Business Awards aim not only to recognize excellence but also to advocate for a more structured and impactful public-private partnership. The event serves as a platform to celebrate businesses that have excelled in challenging times and to reflect on the broader ecosystem supporting business growth.

Mr. Miezan highlighted the potential for growth in areas such as value addition to agricultural produce, development of industrial infrastructure, digitalization, and entrepreneurship. He noted that Ghana’s economic potential has long been acknowledged but remains underutilized due to structural bottlenecks in local production. He emphasized the need for a results-driven partnership between the government and the private sector to transition from promise to performance, focusing on reducing production costs, incentivizing key industries, and supporting scalable enterprises.

He advocated for an industrial transformation that positions Ghana as a manufacturing hub within the ECOWAS-ETLS and AfCFTA frameworks, while also expanding its reach beyond the continent. Mr. Miezan acknowledged recent improvements in Ghana’s macroeconomic performance, citing promising signs in indicators such as inflation, the exchange rate, the bank reference rate, and reserve holdings. However, he warned that these developments must be viewed within the broader context of global economic uncertainty, which presents challenges such as slower global growth and shifts in international policy.

Mr. Prince Ackuaku, the Chairman of the Planning Committee, noted that the Awards have become one of the most prestigious platforms in Ghana for recognizing business excellence, innovation, and impactful partnerships. He emphasized that Ghana’s aspirations for inclusive growth, job creation, industrialization, and resilience cannot rest solely on the government. Businesses play a pivotal role in nation-building by creating jobs, developing human capital, driving innovation, and supporting social development.

Mr. Ackuaku stated that the Chamber Business Awards focus on honoring businesses and institutions that demonstrate not only profitability but purpose, innovation during tough times, and collaboration with the government or civil society for impact. He expressed hope that this year’s program would catalyze new thinking in how the private and public sectors engage for the betterment of Ghana.