By Kingsley Webora TANKEH
The Deputy Attorney-General and Deputy Minister for Justice, Justice Srem-Sai, has touted the Corporate Insolvency and Restructuring Act (CIRA), 2020 (Act 1015), as the panacea to bridging the “trust deficit” in Ghana’s business community, capable of attracting investors into the country.
Speaking at a stakeholders forum in Accra, the Deputy Justice Minister enumerated six reasons that possibly contributed to Ghana’s economic stagnation. “People have brilliant ideas of how to make money. But they have no money to start. Some people have money and are looking for ideas to invest the money in, but cannot trust the person to give the money to,” he noted.
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