Ghana / Afrika in Focus

Ghana in Focus special: Why some Big companies are leaving Ghana.

May 13, 2024 Kwame
Ghana in Focus special: Why some Big companies are leaving Ghana.
Ghana / Afrika in Focus
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Ghana / Afrika in Focus
Ghana in Focus special: Why some Big companies are leaving Ghana.
May 13, 2024
Kwame

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This week's edition of Ghana in focus investigates the trend of big companies leaving Ghana.

Ghana is considered as the gateway to Afrika.  However due to the severe economic challenges the country is going through many big businesses have been compelled to leave Ghana.

This state of affairs is worrying particularly as the government  sees industrialization as a key policy and two that Ghana is the headquarters of the African Continental Free Trade Area.

We explore some of the key reasons why many large companies have left Ghana such as high interest rates, import duties and the cedi to US Dollar depreciation.

We advise that government needs to take active steps to ensure some of these issues are addressed .  Failure to do so could mean more companies leaving Ghana and more importantly Ghana being a less attractive place in which to do business.

Sources: List of multinational companies that have left Ghana in recent times (ghanaweb.com)

Support the Show.

Donate/Support the show: https://www.buzzsprout.com/1793098/support

We offer a consultation session for those who wish to relocate to Ghana , do business in Ghana , buy land, buying a property or even starting business in Ghana. We offer professional support tailored on your needs and wants.

We provide valuable information that can assist you in your relocation like the Ghana card how/where to register your business.

We can also signpost you to other agencies that can help in your relocation as well as business and investment opportunities.

We charge a rate of US$30 for an hour's consultation or US$20 for a 30 minute consultation briefing.

To book your consultation please email ahodwo805@gmail.com

Subscribe on Youtube - just look for the Ghana/Afrika in Focus podcast on Youtube and click the notification bell so that every time I upload a new podcast it automatically comes to your feed.

Tell your family and friends.

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Show Notes

Send us a Text Message.

This week's edition of Ghana in focus investigates the trend of big companies leaving Ghana.

Ghana is considered as the gateway to Afrika.  However due to the severe economic challenges the country is going through many big businesses have been compelled to leave Ghana.

This state of affairs is worrying particularly as the government  sees industrialization as a key policy and two that Ghana is the headquarters of the African Continental Free Trade Area.

We explore some of the key reasons why many large companies have left Ghana such as high interest rates, import duties and the cedi to US Dollar depreciation.

We advise that government needs to take active steps to ensure some of these issues are addressed .  Failure to do so could mean more companies leaving Ghana and more importantly Ghana being a less attractive place in which to do business.

Sources: List of multinational companies that have left Ghana in recent times (ghanaweb.com)

Support the Show.

Donate/Support the show: https://www.buzzsprout.com/1793098/support

We offer a consultation session for those who wish to relocate to Ghana , do business in Ghana , buy land, buying a property or even starting business in Ghana. We offer professional support tailored on your needs and wants.

We provide valuable information that can assist you in your relocation like the Ghana card how/where to register your business.

We can also signpost you to other agencies that can help in your relocation as well as business and investment opportunities.

We charge a rate of US$30 for an hour's consultation or US$20 for a 30 minute consultation briefing.

To book your consultation please email ahodwo805@gmail.com

Subscribe on Youtube - just look for the Ghana/Afrika in Focus podcast on Youtube and click the notification bell so that every time I upload a new podcast it automatically comes to your feed.

Tell your family and friends.