GNCCI BUSINESS BRIEF (07 - 11 Oct, 2019)

Economy

• Ghana, among fastest-growing economies in the World
• Ghana’s economy progressive
• Ghana slips 5 places in new global competitiveness rankings
• Public debt set to increase on new IMF advice

Sectoral

• $2bn agric export not enough for Ghana
• Farmer group cry over infiltration of unregistered seed dealers
• Financial institutions must relax credit requirements for SMEs
• Ghana can strategically position itself to meet the world demand

Trade & Investment

• GNCCI raises concerns on closure of Nigeria-Benin trade borders

Policy

• Tree Crop Development Bill will be passed before end of 2019
• Non-tariff barriers remain threat to AfCFTA
• GNPC reiterates commitment to local content development

International

• Global uncertainty slowing growth in Africa’s economies
• Ghana calls for the operationalisation of ECOWAS Protocol of Transhumance

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