Audio By Carbonatix
JOYBUSINESS has learnt foreign businesses coming into the country could soon be required to cede 30 percent of their enterprise to Ghanaians.
Existing ones would also be required to give up part of their interest to locals over a period of time.
These form part of proposals in the revised Investment Act currently being considered by cabinet.
The laws is part of a broad indigenization policy been worked on by managers of the economy.
It also part of efforts to ensure that indigenes can share in the profits foreign firms generate from their local operations.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Refugees in South Africa face mounting tensions as September 30 deadline loomsÂ
28 minutes -
At least 12 dead, dozens missing after vessel capsizes in DR Congo Â
32 minutes -
Two dead, 14 rescued after accident on Kpetoe-Sarakope road
59 minutes -
AFCON 2027Q: Moroccan referee Mustapha Kechchaf to officiate Ghana-Gambia match
1 hour -
Our mental health is restored – How Medical Trust Fund is giving doctors hope again
1 hour -
2027 budget to provide for grain silos – Agric Minister
1 hour -
Damongo Communique: Democracy Not For Sale
1 hour -
Yusif Sulemana pushes community benefits, national systems in Global Forest Finance Debate
2 hours -
Todays Front pages: Monday, September 28, 2026
2 hours -
WAFU B U-17 Girls Cup: Black Maidens finish tournament with 4-0 win over Cote d’Ivoire
2 hours -
2026 Women’s Super Cup: FC Savannah to face Epiphany Warriors in final on September 29
2 hours -
Ghana’s second chance: How President Mahama’s return offers historic opportunity for transformation
2 hours -
AFCON 2027Q: Alexander Djiku ruled out of clash against Gambia
2 hours -
RCI Immanuel Temple donates supplies to Motherly Love Orphanage
3 hours -
Ghana calls for predictable, people-centred financing to protect tropical forests
3 hours