Ghana\u2019s business environment is considered as less competitive compared to some economies within the sub-region.<\/p>\n
While efforts have been made to reduce the cost and duration of registering a business in the country, it appears more needs to be done at a time that the Ghana Investment Promotion Centre is targeting 5 billion dollars in investments for 2017.<\/p>\n
This also comes ahead of Citi FM\u2019s investment forum on repositioning Ghana as an investment destination, slated for Tuesday, 6th<\/sup>\u00a0June, 2017 at the Alisa Hotel.<\/p>\n Across Sub-Saharan Africa, Ghana ranks as the 10th\u00a0<\/sup>economy with ease of doing business. The leading sub-Saharan economy in ease of doing business is Mauritius which ranked 49th<\/sup>\u00a0at the global level.<\/p>\n Other better performing economies in Africa include Rwanda, Botswana, Kenya and Seychelles.<\/p>\n While it will cost a start-up almost 20 percent of its income per capita in Ghana, it will cost star-ups 0.8, 1.8 and 8.1 percent to register businesses in Botswana, Mauritius and Lesotho respectively.<\/p>\n Over twenty economies in sub Saharan Africa do not request for any paid in capital for starting a business.<\/p>\n But Ghana will requests as much as 200 percent of income per capita for paid in capital.<\/p>\n Click below to listen to full audio report<\/strong><\/p>\n