BUSAC collates concerns of businesses for future advocacies
The Business Sector Advocacy Challenge Fund is collating the views of business associations in the country on the chanllenges they face and how they want the government to address them.
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The views are expected to serve as a guideline to the managment of the fund and the associations themselves in the advocacy for a smoother business environemnt for the country’s private sector.
BUSAC, which serves as a advocacy body for the private sector and also supports businesses with grants, consequently held a dialogue forum in Accra where excutives of some business groupings were in attendance.
Members of the Ghana Employers’ Association, the Ghana Association of Industries as well as civil society organisations and representatives of government institutions, among others were present.
The Fund Manager of BUSAC, Mr Nicolas Jorgensen Gebara, said at the forum that business associations needed to engage in research-based advocacy, especially if they wanted their views to be considered by the government and other regulatory authorities.
He also called for a constant revision of the rules and regulations governing the operations of businesses in the country, explaining that such laws needed to be updated to bring them to speed with developments in the business world.
The Chief Executive Officer of the Private Sector Development Secretariat, Mr Joe Tackie, who represented the Trade and Industry Minister, Hon Haruna Iddrisu, commended BUSAC for its support to the private sector over teh years and called on it not to relent on that regard.
The BUSAC Fund, an advocacy and financial anchor to businesses in the country, has since 2008 disbursed about GH¢29 million as grants to businesses in the country.
Story: Maxwell Adombilla Akalaare / Graphic Business