Ghana Improves in Some Business Ratings – Drops in Others

Hannah Tetteh, Trade and Industry Minister

The World Bank recently released its “Ease of Doing Business” Report for 2013, in which Ghana improved in three out of ten areas.  Ghana received good ratings in categories including: getting electricity, resolving insolvency, and extending credit.

Ghana was ranked 5th on the African continent, behind only Botswana, Rwanda, Mauritius, and South Africa.  They are ranked 64th out of all 185 countries for which data is gathered.

Ghana did not rank as well in categories including: starting a business, protecting investors, trading across borders, and the payment of taxes.

Of course, all of these rankings simply refer to the ease of doing business and must be appreciated in a much wider context.  Singapore topped the global ranking with the United States coming in at 4th place.

http://www.dailyguideghana.com/?p=65104

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