The Report: Ghana 2014

The Report: Ghana 2014

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The economy has a history of strong government involvement and a legacy of socialist policies in the 1960s and 1970s, with statist companies involved in both energy and agriculture; yet, the countrya€™s market is now among the more liberalised in the region. Ghana has a strong export profile, although it is somewhat dependent on commodities. It is the worlda€™s second-largest exporter of cocoa, behind CAate da€™Ivoire, and one of the continenta€™s largest gold producers, while new reserves of oil and gas have helped further expand its resource wealth. The economy saw expansion of 7.1% in 2013, while inflation reached 14.5% in March 2014. Although inflation and balance of payments remain the countrya€™s biggest economic challenges, measures have been taken to strengthen the cedi and curb inflation.Some of the possible IPOs hold significant potential to stimulate trading and capitalisation growth. The majority of the ... its capitalisation a€“ and the holiday was extended for another five years in 2011. Investments in shares are free from capitalanbsp;...

Title:The Report: Ghana 2014
Author: Oxford Business Group
Publisher:Oxford Business Group - 2014-12-18

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