Business & Economy

Justice is the engine of growth - Chief Justice

David Apinga•4 Apr•478 words · 3 min read

Summary

Justice Paul Baffoe-Bonnie called for the transformation of Ghana's legal landscape on Saturday, 4th April 2026, at the Kwahu Business Forum. He argued that judicial efficiency is a fundamental economic necessity and stated, "No matter how creative or well-funded a business may be, it cannot truly thrive without one fundamental ingredient: trust." He also said, "And trust in any economy rests on three quiet but powerful assurances: that contracts will be honoured, that property will be protected, and that disputes will be resolved fairly, predictably, and without endless delay."

Justice Baffoe-Bonnie revealed that his administration has made a strategic choice to be an active participant in Ghana's development. He explained, "When I assumed office, I made a conscious decision that the judiciary should no longer be a distant institution sitting in the background of our national life," and that "Instead, we have chosen to become an active partner in creating a genuinely business-friendly environment, one firmly anchored in the rule of law." He warned that "when justice is delayed, it's not just a legal problem; it becomes an economic cost" and "When enforcement is uncertain, it does not merely frustrate parties; it discourages investment and holds back growth."

Justice Baffoe-Bonnie reiterated that his vision is to ensure that the principles of the rule of law have a tangible impact on the business community. He urged the private sector to view the courts as a reliable guardian of their investments and concluded, "These are not just legal principles written in books. They are the everyday expectations of every investor, every entrepreneur, and every business owner, no matter how small. And these assurances are quite simply the daily work of the judiciary."

Quick Summary

Chief Justice Paul Baffoe-Bonnie addressed the Kwahu Business Forum on the importance of judicial efficiency. He argued for the Judiciary to be central to Ghana's economic strategy - but what does that mean for investors?

#Judiciary #Economic Growth #Investment #Rule of Law #Business

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