Are you interested in importing items into Ghana? Well, there is some information you will need before you embark on this venture. First, note that goods arriving in the country may be subject to import duty, special duty, VAT and import excise duty. Ghana import duty is assessed based on volume, weight or value of an item, and is subject to change every year. Import duty rates … [Read more...]
Buying Livestock in Ghana – Here is the best price guide you can get!
Rearing livestock in Ghana is an important activity, as it contributes towards meeting domestic food needs as well and giving farmers a steady income. In Ghana, many farmers are turning to commercial livestock farming, due to the high demand from the domestic market. Many rural households, however, keep livestock for domestic use, only occasionally selling animals when the need … [Read more...]
Top 10 Industries to Invest in Ghana in 2025
Many of the industries with the highest growth potential in Ghana over the next ten years are in the services sector, but not all. For example, oil and agriculture will have segments with very rapid growth. Below is a very brief snapshot of where we see opportunities. The agricultural sector is a key driver of the Ghanaian economy, contributing an estimated 21.3% for 2013 … [Read more...]
Ghana GDP 2018 Update
KGhana, despite registering sluggish performance between 2014 and 2016, is currently experiencing rapid economic growth. This growth is mainly fueled by the oil sector. Below are a few statistics on Ghana GDP 2018. By the third quarter of 2018, Ghana’s GDP was at 7.4%. This figure is an all-time high, compared to 5.4% in the second quarter. Ghana’s economic growth was … [Read more...]
SEVEN OBSERVATIONS ABOUT GHANAIAN ECONOMY
Population Growth According to the World Bank, Ghana had an estimated population of 18.83 million in 2000, which has increased to an estimated 25.37 million in 2013. By 2050 the population is expected to increase to almost 40 million. Furthermore, between 2013 and 2050, Ghana’s active/working age population will grow from 56% of the country to 66%; a striking contrast to … [Read more...]