<<Print>>

Current data at the Registrar General�s Department (RGD) indicate that 442,070 Business Names and 142,174 Companies Limited by Shares have been registered at the Department. The Department has also registered 33, 190 companies limited by guarantee, 14, 932 of business partnerships, 2, 993 Subsidiary Business Names, and 1,272 External Companies. Mrs Jemima Oware, Chief State Attorney of RGD who made the disclosure in Accra at the weekend, further revealed active businesses operating in the country were fewer than the statistics. She attributed the situation to the fraudulent tactics employed by some people who begrudgingly register their companies and businesses for the sole purpose of procuring bank loans and travelling visas. Speaking at a day�s stakeholders� workshop, Mrs Oware expressed worry that a few individuals used their �housemaids� and other ill-qualified relatives as their secretaries for the purpose of getting registered. Mrs Oware later told the Ghana News Agency that she was optimistic that the implementation of the new Government e-registration (GeReG) system, which is under the e-government project, would clean the data and migrate credible, reliable and accurate data on businesses to inject efficiency and trustworthiness into the system.