By Christiana Afua Nyarko
Accra, May 29, GNA – Weak corporate governance remains a key cause of business failure in Ghana, Mr Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has said.
Speaking at a lecture organised by the Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP), he attributed the issue to years of poor oversight, unethical leadership, and flawed decision-making.
The lecture was on theme “Unlocking Business Resilience: How CIRA Empowers Companies to Recover from Distress and Thrive.”
Mr. Madjie noted that ambitious expansion without sufficient financial backing exposed businesses to reputational, market, and regulatory risks, often…