GNCCI BUSINESS BRIEF (13th - 17th Jan, 2020)

Economy

• Gov’t inaugurates committee to investigate depreciation of cedi
• Ghana ranks 1st in Africa, 4th globally in latest Global Retail Development Index
• Government must set lower target for inflation
• IMF urges government to introduce more taxes to plug revenue shortfall

Sectoral

• Ghana and World Bank sign $570 million agreement
• Ghana to boost vegetable and cut flower business with greenhouses
• Government targets earning US$12 billion forex from six tree crops
• Financial sector healthier than ever after clean up
• Mining remains pillar for economic development
• Rice millers cry for financial support

Trade & Investment

• SMEs the biggest losers in Nigeria border closure
• GPHA cargo volumes surge in 2020

Policy

• GEPA outlines strategy to overcome overlapping export sector priorities

International

• GRA commences 3-day exercise to vet documents of foreign traders
• Ecowas Finance Ministers, Governors discuss future of ECO

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