Business Reforms in Ghana

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2013:

Negative Trading Across Borders:

Ghana added to the time required to import by increasing its scanning of imports and changing its customs clearance system.


DB2012:

Negative Starting a Business:

Ghana increased the cost to start a business by 70%.


DB2011:

Positive Getting Credit:

Ghana enhanced access to credit by granting an operating license to a private credit bureau that began operations in April 2010. Ghana also strengthened access to credit by establishing a centralized collateral registry.


DB2010:

Positive Starting a Business:

Ghana simplified business start- up process by further streamlining the registration procedures with the creation of a customer services desk at the one-stop shop.


DB2009:

Positive Starting a Business:

The requirement to register employment vacancies and the seal requirement were abolished reducing the number of procedures.


DB2008:

Positive Starting a Business:

The ongoing computerization at the company registry and improved operations at the Environmental Protection Agency reduced business registration time.


Positive Registering Property:

Ghana made registering property faster by eliminating the requirement to register the deed of sale at the Lands Commission.


Positive Getting Credit:

Ghana passed a new Insolvency Act in 2006. There is no automatic stay of enforcement during re-organization.


Positive Trading Across Borders:

Ghana eased trading across borders by reducing congestion at the port area.


Positive Enforcing Contracts:

Ghana introduced commercial courts in the capital, making commercial dispute resolution more efficient.


Reform Summaries


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