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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.
Since economic efficiency as well as cost recovery in the sector are extremely low, financing water and sanitation investments in Ghana relies heavily on external funding. According to one estimate 90% of the total investment in the sector in the 1990s was made by external agencies, [ 6 ] which contributed about US$500 million for the sector ...
The Ghana Club 100 is a yearly official list of the top 100 companies in Ghana. The compilation was first done in 1998 by the Ghana Investment Promotion Centre (GIPC) with the aim of recognition of the top 100 companies and to encourage competition and improvement of company products and services in the country. [ 1 ]
The Ghana Renewal Energy Act provides the necessary fiscal incentives for renewable energy development by the private sector, and also details the control and management of bio-fuel and wood- fuel projects in Ghana. [11]
Water privatisation in Ghana has been discussed since the early 1990s as a reaction to poor service quality and low efficiency of the existing urban water utility. The World Bank supported the process of private sector participation in the urban water sector from the beginning. After many tribulations a 5-year management contract was awarded in ...
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 ...
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]