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President Akufo-Addo

President
Akufo-Addo has called on businesses in the country to make the necessary
expertise and resources available to make the Sustainable Development Goals
(SDG) Delivery Fund operational.

The fund, when
operational, is expected to provide support to transformational actions and
human development projects that are geared towards attaining the SDG at the
community level.

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The projects include
sinking of boreholes, establishment of reading centres for deprived
communities, organising teacher training programmes, executing ready for work
programmes for the youth and scaling up of innovation through multi-purpose
innovation centres.

He emphasised
the importance of businesses in attaining the SDG, which is aimed at ending
poverty, protecting the planet and ensuring prosperity for all.

“Without
stronger actions from businesses the SDGs would remain a mere aspiration,” he
said.

The President also
announced the establishment of a core group of Chief Executive Officers (CEOs)
as an advisory body on businesses and SDG.

The group has
already adopted a framework to coordinate corporate social responsibility and
sustainability activities of companies.

The president
made the call in a speech read on his behalf by the Vice President Dr Mahamudu
Bawumia at the 4th edition of the Ghana CEO Summit, which was held in Accra.

The summit was
themed, “The Futuristic Economy: Technology-Driven Future of Business and
Governance for Economic Transformation.”

The President said
that the profitability, competiveness and survival of businesses largely depend
on technologies, which are the drivers of modern businesses.

“Sadly some of
our local technologies have some catching up to do in terms of streamlining
their business operations” he said.

The Vice
President also indicated that the role of technology in governance is crucial
in linking state institutions with the public, as well as providing convenient ways
to reduce cost, improve performance and increase ease of doing business.

He also
attributed the low ranking of the country on the Doing Business Index to the
structure of the country’s public administration.

 “As a governance instrument for the ruling
class, it’s rigid, unbending, centralised and slow to respond to public need,”
he said.

The sector, he
said, requires technological innovation to leapfrog activities of public
administration, hence the introduction of the digitalisation agenda by the
government.

Dr Bawumia,
however, cited the conventional nature of some Ghanaians and pessimistic
approach to changes to the status quo as some challenges in improving the ease
of doing business in the country.

He advised corporate institutions to adopt proper records keeping systems and structures, adding that family businesses should pay more attention to succession plans.

By Issah Mohammed

The post Support SDG Delivery Fund- Akufo-Addo appeared first on DailyGuide Network.

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