Tag: American Chamber of Commerce
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American Chamber of Commerce assures of more collaborations between Ghana and USA to boost trade
As the first year of the implementation of the African Continental Free Trade Area (AfCFTA) comes to an end, the United States Ambassador to Ghana, Stephanie Sullivan, has assured of deepened trade relations between Ghanaian and American businesses to enhance their activities and capture new foreign direct investment. According to the Chamber, Ghana’s political stability,…
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50% of American businesses in Ghana severely hit by COVID-19 fight
Despite the negative impact of COVID-19 on businesses in Ghana, the American Chamber of Commerce-Ghana(AmCham), has urged its members to continue providing financial, logistical and technological support to the government to help fight the pandemic. A survey conducted by the Chamber in March shows that 50 percent of American businesses operating in Ghana have been…
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Businesses caution massive job cuts over 3% VAT Flat Rate
Some manufacturers are contemplating possible job cuts with the continuous implementation of the 3 percent VAT Flat rate scheme. The businesses say the tax is affecting their profit margins hence the decision to reduce the labour sizes to stay relevant in business. The options of job cuts is among the concerns raised by some manufacturers…