GNCCI BUSINESS BRIEF (22nd - 26th Nov 2021)

ECONOMY

Bank of Ghana raises Monetary Policy Rate to 14.5%
Ghana can create better jobs through accelerated economic transformation – World Bank

SECTORAL

Budget 2022: Planned domestic borrowing will starve local businesses of credit – PwC warns
Gov’t to leverage natural resources to fund sustainable transition to low carbon economy
E-levy is critical for improving Ghana’s tax-to-GDP ratio
E-levy will worsen plight of businesses - GNCCI
Review custom regime on cargo auctioning
Govt to create modern productive economy
1D1F’s scope expanding to rehabilitate major enterprises

TRADE AND INVESTMENT

Expo Gateway to Africa

POLICY

AfCFTA provides hope for industrialisation: Marketers, manufacturers should take advantage
Harmonising standards key to AfCFTA success

INTERNATIONAL

US Embassy promotes Ghanaian entrepreneurs
China-Africa ties grow stronger amid Covid-19 challenges

Download GNCCI BUSINESS BRIEF (22nd - 26th Nov 2021)

CHAMBER TRADE ALERT

Overview: The Chamber Trade Alert is a quarterly article that provides update on Ghana’s trade and market intelligence to enable members of the Chamber take advantage thereof. In this article, emphasis is made on Burkina Faso, Togo, Côte d’Ivoire, and Nigeria towards encouraging trade with these respective countries given Ghana’s greatest export potential, highest supply capacity, and strongest demand potential under the AfCFTA. All data sources are from the ITC.

GNCCI BUSINESS BRIEF (8th - 12th Feb, 2021)

Economy

Banks borrowed GH¢2.57bn from BoG in pandemic year
Inflation begins year at 9.9% as food prices decline
Cedi shows resilience against dollar, euro

Sectoral

Economic challenges keep cost of borrowing high
COVID-19 Workplace Spread: Taskforce constituted to monitor compliance of protocols
Finance Ministry pays GH₵12bn to IPPs since 2017
SSNIT to integrate Ghana Card unto System
Ghana’s local cocoa processing capacity hits 50% of production
Ghana’s financial markets are showing strong resilience against the economic impacts of COVID 19’s second wave