#UKGCC has released the 4th edition of its annual Ghana Business Environment and Competitive Survey Report for the year 2022.

Over 300 companies from 16 industries, ranging from small to large companies, participated in the survey.

The survey results indicate that most businesses perceive the business environment in 2022 has improved over 2021. However, they continue to be held back by challenges such as corruption, Ghana's taxation system, the price of land and power, and present additional economic obstacles.

Businesses continue to list the cost of gasoline as their highest operating expense; followed by cost of power, cost of machinery, and cost of technology. These factors, it was indicated, strain their already limited financial resources.

Get the report here [ Ссылка ]

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