
A widely accepted principle that had spurred the growth of businesses and entrepreneurship development is having a competitive economic environment that accommodates and reward efforts to jobs and wealth creation. Almost every business has to face regulations from government agencies to start or...Read more
Chief Executive Officer (CEO) and President of policy think tank Institute for Liberty and Policy Innovation (ILAPI), Peter Bismark Kwofie says the use of GHc100 million for capacity building for entrepreneurs by government was a terrible idea. The think tank development expert said the decision by...Read more
Interest payment on loans alone is having enough toll on Ghana’s economy. More debt is synonymous to more interest payment. According to the Ministry of Finance, Ghana paid Ghs 15 billion in 2018 for interest payment alone. In the face of huge interest payment, it sounds like a great idea to...Read more
There was 1,058 Electoral Areas in the Ashanti Region alone. If there are 4 Unit Committee Members (UCM) in each electoral area, we will have 4,232 members. These individuals who contested and were voted for just as the Presidential and Parliamentary Candidates, are removed from the center of...Read more
Job creation has become a major concern for successive governments. Almost every government's priority is to seeing that the youth are employed. Between 1992 and 2018, Governments of Ghana (GOG) have not been able to find a lasting antidote to unemployment and job creation. Government and...Read more
On the "Stabilisation agreement with AngloGoldAshanti (AGA), where AGA, a foreign based mining company in Ghana is granted total tax exemption worth $259 million (includes $40 million waiver on royalties, $2 million in income tax exemption, $56 million in capital allowances due in 2020 and 2021 and...Read more
Per the latest Stabilisation agreement with AngloGoldAshanti (AGA), AG will over the next 10 years, REPORTEDLY enjoy a $40 million waiver on royalties. A $2 million in income tax exemption, $56 million in capital allowances due in 2020 and 2021 and import duty exemption of $161 million....Read more
Competition is an essential part of a capitalist economy. It drives businesses to innovate and to provide consumers with cheaper and better products. If businesses fail to innovate, they go under. The market place can be a brutal place – just think of the way in which Netflix disposed of...Read more
The Institute for Liberty & Policy Innovation (ILAPIL-Ghana) has asked the Government of Ghana to privatise all pension schemes including the Social Security and National Insurance Trust (SSNIT). According to him, it has been established that the management of pension schemes has not been the...Read more
Mr. Bismark Peter Kwofie, President, Institute for Liberty And Policy Innovation (ILAPI), says only a well thought out moral imperative strategy that makes illegal mining unattractive can halt the marauding phenomenon in Ghana. “The easiest way to solve a problem is to pass a flat law. And...Read more
The Executive Director for policy think tank, Institute for Liberty and Policy Innovation (ILAPI-Ghana), Peter Bismark, has linked the spate of robbery attacks in recent times to some four major factors. According to him, influence from political bigwigs when suspected criminals are arrested and...Read more