The Ghana Chamber of Commerce and Industries (GNCCI) has urged businesses to embrace alternative dispute resolution as a way of resolving business disputes in the country.
In this regard, the Chamber has signed an agreement with Gamey Consult, a local consulting firm, to resolve disputes among business entities with an Alternative Dispute Resolution (ADR) system.
Nana Appiagyei Dankawoso I, President of the GNCCI who signed the agreement on behalf of the Chamber, explained that ADR is a form of resolving disputes without resorting to the law courts.
He said the Alternative Dispute Resolution system was introduced to resolve business disputes in a more cost-effective manner, within the shortest possible time, and help to maintain cordial business relationships after settlement of disputes.
It involves methods such as arbitration, negotiation and mediation, which complement the traditional justice system.
“In our attempt to achieve the above objective, the Chamber is partnering with the leading ADR Centre in Ghana – Gamey & Co. ADR Centre – to kick-start the project; there is no need to reinvent the wheel. ADR Centre is a key component of several Chambers of Commerce around the world,” he said.
Business disputes, he added, will always be with people as they remain in business; adding that the opportunities offered by the ADR system are what every business person is looking for.
Nana Dankawoso I said it was against this background that the Chamber had taken the step to establish an ADR Centre to help its members, and the entire business community, to resolve their business disputes.
On his part, Austin Akufo Gamey – Chairman of Gamey and Co. ADR Centre, expressed delight with partnering GNCCI to offer members of the Chamber an opportunity to resolve disputes which might arise from their business dealings.
“We have a diverse crop of professionals with rich experience on the roster of mediators and arbitrators, who are ready to serve diligently in the execution of tasks ahead,” he said.
He was confident that the collaboration will help the business community to resolve disputes locally without stress – and the additional cost involved in taking cases abroad, adding: “Together with the Chamber, we will embark on an orientation programme for members of the Chamber on the rules and procedures of the Centre,” he said.