(Last updated: 12 Feb 2013)
Market profile
Doing Business
Ghanaians generally prefer face-to-face meetings. Make an appointment for a meeting in advance.
More information on doing business in Ghana
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
Buoyed by the onset of oil production and accompanying capital inflows at the end of 2010, Ghana’s economy grew faster than any other in the world in 2011.
» read more at DFAT
- TRADE RELATIONS
Ghana is a member of the World Trade Organisation. It also has several trade relations and agreements currently in existence.
» read more at DFAT
- POLITICAL CLIMATE
Ghana is a successful multi-party democracy, having six elections since returning to constitutional democracy in 1992. The most recent election was in December 2012.
» read more at DFAT
Top Business Risks
OECD Guidelines for Multinational Enterprises
Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.
Extractive Industries Transparency Initiative
The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.
The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.