Ghana Economy

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While the headlines on Ghana’s 2015 budget focus on the short-term impacts of fiscal tightening, the proposed changes should have a positive bearing on the overall economy over time. 

Articles & Analysis | Ghana hotel listings from The Report: Ghana 2014

View contact details and general information for some of the leading hotels and resorts in Ghana.

In business meetings in Ghana it is customary to exchange greetings and shake hands. As relationships and networking are important in the business community, it is common to open a meeting by engaging in casual conversation about health, family and travel. The host will generally indicate when the business discussions should commence.

In 2014 the trade bloc ECOWAS, of which Ghana is a member, approved an economic partnership agreement (EPA) with the EU, one of Ghana’s main trade partners. The deal follows a decade of arduous trade negotiations, with particular concerns about competitiveness. Ghana and Côte d’Ivoire each initialled interim EPAs in 2007, but those agreements are to be replaced by the...

What impact is Ghana’s short-term and cyclical instability having on investor interest?

A few years ago, Ghana’s economy was one of the fastest growing in the world, with GDP growth rates stretching above 14%. Recent oil discoveries, combined with sustained prices for cocoa and gold, led to an influx of capital and boosted activity in a range of sectors, from telecoms to construction. Although Ghana’s economy is still growing apace – GDP was up 6.7% in the...

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