GNCCI BUSINESS BRIEF (10th - 16th Aug, 2021)

ECONOMY

Inflation inches up to 9% in July
Bank of Ghana partners German firm in digital currency rollout
IMF wants alcohol, tobacco, property taxes up to boost revenue

SECTORAL

GNCCI inaugurates 15-member team to lead trade sectors
President Akufo-Addo commissions $16m tomato processing factory at Domfete
US$8bn spent on rice import in 10yrs

TRADE AND INVESTMENT

The Chamber SME Business Forum

POLICY

Govt supports 100 firms to export under AfCFTA

INTERNATIONAL

Govt supports 100 firms to export under AfCFTA

Download GNCCI BUSINESS BRIEF (10th - 16th Aug, 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