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

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