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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.

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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

 

Trade & Investment

  • Sensitisation Seminar on the AfCFTA

 

Policy

  • Small businesses must tap into 1.3bn consumer market presented by AfCFTA

 

International

  • EU to work with Biden administration to settle trade disputes
  • Ghanaian exports to UK still attract tariffs

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

About GNCC

The Ghana National Chamber of Commerce is an association of business operators, firms and industries with interests spanning every sector of private enterprise in Ghana. Read more

Head Office

Ghana National Chamber of Commerce
1st floor,World Trade Center,
Opp. Children's Park, National Theatre - Accra
P.O Box 2325,Accra

Digital Address: GA-077-2864

233(0) 302 662860 / 233(0) 544114306

info@ghanachamber.org

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