Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has urged Ghanaian businesses to seek restructuring and insolvency services in times of temporary financial difficulty to avert liquidation.
“I want to strongly urge SMEs, state-owned enterprises and even large corporations to seek restructuring support at the first sign of distress and not when their businesses are already on the brink of insolvency,” he advised.
He noted that: “The resilience of our nation’s business environment is not determined by the number of companies that never fail, but how many are able to rise again after facing adversity”.
Speaking at the Annual Public Lecture of the Chartered Institute of Restructuring and…
