GNCCI Business Brief (2nd – 6th March, 2020)

Economy

  • Gov’t looks to 3-year bond to sustain cedi’s strength
  • Lending rates will fall ‘soon’
  • Ghana gets payment systems advisory committee
  • Ghana looking to access US$62bn coronavirus fund

Sectoral

  • Uncertainty grips Ghana’s ports
  • Trading rules tightened for forex brokers
  • Private sector dialogues on enhancing trade and business environment in Ghana held
  • Malta to set up phytosanitary lab in Ghana

Trade & Investment

  • Take advantage of investment opportunities in Ghana- Malta business delegation urged

Policy

  • Countries must produce quality goods for AfCFTA market
  • Textile stakeholders await implementation of policies

International

  • Oil price drop by about 30%; lowest in 4-years as Saudi-Russia ‘crude war’ escalates
  • Coronavirus crash wipes US$5 trillion off world stocks

Download GNCCI BUSINESS BRIEF (2nd – 6th March, 2020)

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