CHAPTER 4 CORPORATE GOVERNANCE 4.0 INTRODUCTION The vision of the New Partnership for Africa’s Development (NEPAD) is to eradicate poverty and place African countries individually and collectively on the path to sustainable growth and development. This requires sustainable production and creation of wealth through well-governed and competitive organizations whether they are in the private, public or not-for-profit sectors. “Doing business” in Ghana has become easier as the country’s overall Doing Business (2011) rank has improved to 67 from 77 in 2010. Among the sub-Saharan countries, Ghana’s rank is 5th in “Ease of Doing Business”. The country has made positive strides in improving the business environment by reducing the time and cost for registering business, registering property and enforcing contracts. Access to credit continues to be the biggest challenge to medium, small, and micro enterprises. There were, however, increased agitations on the labour front as a result of the implementation of the Single Spine Salary policy. 4.1 Standards and Codes The following conventions and treaties have been signed: • Safety and Health in Agriculture, 2001 (No. 184) • International Labour Organization Convention on (a) Minimum Age for Admission to Employment Sixth Annual APRM Progress Report: January – December 2011 64

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