As of mid-2012 Ghana’s retail sector was characterised by a rosy long-term outlook, thanks to rising purchasing power, improved distribution networks and the arrival of a number of new actors and venues. However, several issues remain that could constrain short-term growth. Those include currency risk for import-reliant retailers, a delay in the...
Agribusiness is considered to be one of the most promising subsectors in Ghanaian industry. However, save a few basic processing activities, such as in palm oil production, little is being done on an ongoing commercial scale. In an environment where so many industrial players rely on imported raw materials and semi-finished goods, agribusiness...
Industrial activity in Ghana is supported through the work of a range of ministries, agencies and parastatal groups. Among these, two organisations have been designated as the leading promotional bodies: The Ghana Investment Promotion Centre is tasked with facilitating investment into industrial activity geared toward the domestic market, and the...
In spite of the sudden surge in available hydrocarbons feedstock, the sizeable pool of locally sourced commodities and the country’s comparatively developed links to neighbouring markets, Ghana’s industrial economy is small and import-reliant. Manufacturing makes only a modest contribution to GDP, with a share far smaller than expected in 2012....
Beverage manufacturing is an example of a diversified and competitive industry. Government policies such as tax breaks to allow for importing agro-processing equipment provide incentives, and the increase in disposable income should translate into significant growth in the coming years. Some firms are already tapping into the export market, showing...
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