Weak corporate governance continues to be a major contributor to business failures in Ghana, according to Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC).
Speaking at a lecture organised by the Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP), Mr. Madjie cited poor oversight, unethical leadership, and flawed decision-making as persistent issues undermining corporate sustainability in the country.
The lecture, held under the theme “Unlocking Business Resilience: How CIRA Empowers Companies to Recover from Distress and Thrive,” highlighted structural weaknesses affecting business performance and recovery in Ghana.
Mr. Madjie explained that aggressive expansion without…