Ghana Business Environment and Competitive Survey Report

Most Businesses Perceive Improved Economic Environment; But Corruption, Taxes Hinder Progress – UKGCC

Most Businesses Perceive Improved Economic Environment; But Corruption, Taxes Hinder Progress – UKGCC

The UK- Ghana Chamber of Commerce (UKGCC), a member-based trade association that promotes trade between the UK and Ghana, has released the 4th edition of its annual Ghana Business Environment and Competitive Survey Report for the year 2022. Over 300 companies from 16 industries, ranging from small to large companies, participated in the survey. The survey results indicate that most businesses perceive the business environment in 2022 has improved over 2021. However, they continue to be held back by challenges such as corruption, Ghana’s taxation system, the price of land and power, and present additional economic obstacles. Businesses continue to list…
Read More