Table 4.1
Ease of Doing Business in Ghana
1.0 Starting a business
1.1 number of procedures
1.2 time (days)
1.3 cost (% of income per
capita)
2.0 Registering property
2.1 number of procedures
2.2 time (days)
2.3 cost (% of property
value)
3.0 Getting credit
3.1 strength of legal rights
index (0-10)
3.2 depth of credit
information index (0-6)
3.3 public registry coverage
(% of adults)
3.4 private bureau coverage
(% of adults)
4.0 Enforcing contracts
4.1 time (days)
4.2 cost (% of claim)
4.3 procedures (number)
2011
Sub-saharan
average
(2011)
7
12
17.3
8
37
81.2
5
34
0.7
6
65
9.4
8
6
3
2
0.0
3.2
3.3
5.0
487
23
36
655
50
39
The project is also assisting the RGD to clean up the data on businesses registered in the
country and migrate credible, reliable and accurate data on businesses into its database to
ensure efficiency and trustworthiness into the system.
Non-Ghanaians in retail business
Foreigners are engaged in retailing, petty trading, hawking and selling from kiosks in
direct contravention of Section 18 of the Ghana Investment Promotion Centre Act, 1994
(Act 478). In recent times the Ghana Indigenous Business Association (GIBA) has had
cause to complain about the infiltration of foreigners into the retail business sector.
An Inter Agency Task Force has been established by the GIPC to monitor the activities of
non-Ghanaians in the trading sector and ensure that:
• The provisions relating to the areas reserved for Ghanaians under Section 18 of
Sixth Annual APRM Progress Report: January – December 2011
66