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

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