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The gross rental income tax of Ghana is withheld at 10%, capital gains are taxed at 15% with a 5% gift tax imposed on the transfer of properties and Ghana's real estate market is divided into 3 areas: public sector real estate development, emerging private sector real estate development, and private individuals.
Ghana's economy is one of the strongest and most diversified in Africa, following a quarter-century of relative stability and good governance. [2] Ghana's growing economic prosperity and democratic political system have made it a regional power in West Africa. [3]
The Accra Mall remains Ghana's prime supermarket. The mall, which started operations in the 2008, [2] sought to improve the Ghanaian shopping experience. It is located on the Spintex Road adjacent the Tema Motorway. Other major supermarkets include Melcom. [3] The company was established in 1989 and its primary shop was opened in Accra Central ...
After the changes in statistics, the service sector became the largest sector of Ghana's economy with a share of 51%. Agriculture, which was initially the dominant sector, accounted for 30.2% after the economic rebasing whiles the industrial sector lagged behind with a share of 18.6%. [3]
The agriculture and livestock sectors are the backbone of Ghana's food security and economy, as they employ over half of the 32 million population of Ghana. [ 7 ] [ 8 ] Agriculture constitutes 33% of the country's gross domestic product .
Telecommunications is the main economic sector of Ghana according to the statistics of the World Bank due to the Ghana liberal policy around Information and communications technology (ICT). [4] Among the main sectors of investments, 65% is for ICT, 8% for communications and 27% is divided for public administration. [4] [5]
[but] would otherwise be attractive privatization buying or leasing opportunities for private investors." [ 8 ] In 2011, STIA, also known as El Nasr Wool & Selected Textiles, of Alexandria , remained "one of the largest public sector textiles companies."
The 26th National Farmers' Day of the 2010 Ghana-KITA Best Institution Award in Ashanti Region. Agriculture in Ghana consists of a variety of agricultural products and is an established economic sector, providing employment on a formal and informal basis. [1] [2] It is represented by the Ministry of Food and Agriculture. [3]