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Ghana Chief of Staff calls for legal reforms to support 24-hour economy
Ghana’s Chief of Staff, Julius Debrah, has stated that the nation’s goal of establishing a 24-hour economy and attracting investment depends heavily on legal and regulatory reform.
Speaking at the maiden Annual Bar Conference of the Ghana Law Society on September 30, Debrah emphasized that legal reform should be viewed as a core economic policy. He warned that businesses may hesitate to invest if contracts cannot be enforced within a reasonable timeframe or if regulatory uncertainty persists.
Key areas identified for improvement include the faster resolution of commercial disputes, clearer land administration, and more predictable licensing processes. Debrah also highlighted the need for updated rules regarding emerging sectors, specifically mentioning data, digital assets, and artificial intelligence, noting that unclear regulations could stifle innovation.
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What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] New regulations should be assessed for their economic cost and impact on individual rights. onuaonline.com
- [● 3 SOURCES] Legal reform should be treated as a component of Ghana’s economic policy. onuaonline.com · 3news.com
- [● 2 SOURCES] Clearer regulations are needed for data, digital assets, and artificial intelligence. onuaonline.com
- [● 3 SOURCES] Ghana requires faster resolution of commercial disputes to support its 24-hour economy ambitions. onuaonline.com · 3news.com
- [● 2 SOURCES] Uncertainty regarding land ownership affects both farmers and investors in Ghana. onuaonline.com