The Chief Executive Officer of Vodafone Ghana says there is a need for more synergy between government and the private sector.
Yolanda Cuba whose company is the main sponsor of the upcoming CEO Summit believes that will go a long way to align the goals of the private and public sectors for faster development in specific areas of the economy.
The link between the two sectors was strengthened with the signing of the Public Private Partnership bill.
The new New Patriotic Party (NPP) government upon the assumption of office said the country is opened for business once again thereby promising to utilize the private sector to spur development.
Speaking on the Executive Lounge business show on the MultiTV's channel JOYNEWS hosted by Nhyira Addo, she said, “Government can never be the biggest employers in the country, however, the stability of the policies it makes are vital because they can either detract, enhance or accelerate development in the country.”
She added that “if the public and private sector can co-exist and understand each other’s mandate then it becomes easier to get the best out of both worlds.”
Still speaking of the relationship between the public and the private sector, she said there is a need for government to create policies that consolidate private sector spending in key areas.
“There should be more of an alignment between government and the private sector because we talk about a lot of things government wants but we interpret it on our own, it is not exactly what government wants,” she noted.
She explained the need for specificity in the policies and directives government gives to the private sector especially in areas of social spending.
“I think we will make a greater impact if directives become more specific for example if government asks corporate Ghana to consolidate social spending in a particular area for two years,” she said.
Vodafone Ghana is one of the main sponsors of the second annual Ghana CEO Summit to be held on May 22 to 23, 2017.
The conference will bring together over 500 CEO’s, business leaders, government officials and entrepreneurs across the globe for a forum among business leaders within emerging markets. the event will highlight various issues in the business community.
- Travellers complain of rampant robbery at Bunso Junction off Accra-Kumasi highway
- 9 Nigerians arrested for illegally entering Ghana after crossing Volta River
- Akuapem Poloo’s child is with me, he doesn’t know what is going on – Actress’ lawyer
- Former NSMQ contestant, Francis Tetteh reported dead
- 13 reasons behind Akuapem Poloo’s sentencing
- Attorney General supports my motion for appeal – Lawyer for Akuapem Poloo reveals
- Mahama must call sycophantic campaigners to order – Kunbuor
- Set aside 90-day jail term and fine me – Poloo to High Court
- NRSA petitions MTTD to investigate Cocobod vehicle that broke traffic regulations
- Fire razes over 30 shops at Kumasi Central Market
Kasoa ritual killing: Court charges 2 teenage suspects with murder
China is world’s ‘biggest jailer of journalists’ – RSF
Zidane refuses to answer questions on Real Madrid’s European Super League decision
Arresting pedestrians who jaywalk across Tema motorway is not possible – MTTD Director
Florentino Perez laughs off UEFA threats to ban players
Daniel Mminele steps down as Absa Group Chief Executive
My mother’s affair was the best thing to happen to me
Stolen ring causes teenager’s finger to rot at Pantang
We’re running into a credibility problem – Kunbour on unanswered calls for NDC’s election 2020 collated figures
Chad President Idriss Deby dies ‘in clashes with rebels’
I support Achimota School rejecting Rastafarian students’ admission – Prof Adei
Takeover of Asda ‘could lead to higher petrol prices’ – Regulator
Armed robbers raid mobile money and electrical shop at Kasoa
Nuclear power sure path towards energy sufficiency and industrialization – ASEPA
Customers are at the heart of what we do – FBNBank MD