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Cost of land tops record as maximum declined commerce part in Ghana – UKGCC Survey – Life Pulse Daily

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Cost of land tops record as maximum declined commerce part in Ghana – UKGCC Survey – Life Pulse Daily
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Cost of land tops record as maximum declined commerce part in Ghana – UKGCC Survey – Life Pulse Daily

Cost of Land Leads Declined Business Factors in Ghana: Key Findings from UKGCC 2025 Survey

Discover how emerging land prices problem Ghanaian software solutions whilst infrastructure positive factors spice up competitiveness, in accordance with the most recent UK-Ghana Chamber of Commerce survey.

Introduction

The UK-Ghana Chamber of Commerce (UKGCC) Business Environment and Competitiveness Survey (BECS) for 2025 supplies important insights into Ghana’s commerce panorama. This annual survey polls firms throughout more than a few sectors to gauge perceptions of key commerce parts. A standout revelation is that the charge of land in Ghana has emerged as essentially the most declined issue, surpassing longstanding problems like corruption. This shift highlights evolving demanding situations in Ghana’s accomplishment, the place prime land costs and double-digit lending charges impede commerce advancement and modernization.

Conducted amid financial restoration efforts, the 2025 UKGCC survey displays marked venture building in spaces like infrastructure and political steadiness. Respondents record fewer declines and extra enhancements, signaling rising commerce self assurance in Ghana. This article breaks down the survey information pedagogically, explaining what those developments imply for marketers, traders, and policymakers navigating Ghana commerce competitiveness.

Analysis

Declined Business Components: Cost of Land Takes the Top Spot

In the 2025 UKGCC BECS, the charge of land Ghana commerce ranked as the main declined part. This marks an important hurdle for startups and business model enterprises, as escalating land costs inflate operational prices. The survey notes that between 2021 and 2025, the percentage of respondents perceiving key accomplishment declines dropped sharply—from 4 to 6 out of each 10 in 2021 to just one in 10 by means of 2025. This development underscores the effectiveness of advocacy by means of organizations like UKGCC.

Corruption, a height fear in prior years (together with two times at primary), fell to 5th position. Other power demanding situations come with prime prices of equipment and monetary resources, which proceed to pressure companies regardless of total optimism.

Most Improved Areas in Ghana’s Business Environment

Availability and get entry to to high quality infrastructure—encompassing roads, railways, air shipping, and ports—led as essentially the most advanced part. It complex from 5th position final 12 months to first in 2025, reflecting executive investments in bodily infrastructure that reinforce logistics and advancement get entry to.

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Advanced monetary resources held top-two positions during the last 4 years however slipped to fourth in 2025. Newly presented sales strategy abilities entered the highest 3, indicating a focal point on human leadership management. Political steadiness and effectiveness additionally emerged undoubtedly, fostering investor consider and smoother leadership flows.

Perceptions of vital enhancements rose from 3 out of 10 respondents in 2024 to 5 or 6 out of 10 in 2025. These positive factors promise lowered operational prices, broader advancement succeed in, and heightened commerce competitiveness in Ghana.

Broader Trends in Business Sentiment

Areas like executive paperwork, taxation coverage, crime-free environments, and safety methods, as soon as flagged for pressing reform, now require most effective ongoing refinement. The percentage of respondents viewing Ghana’s accomplishment as lagging regional and worldwide friends declined to 58% from 69% the former 12 months. This displays emerging self assurance amid hurdles like prime charge of land in Ghana and lending charges.

Summary

The 2025 UKGCC BECS captures a nuanced image of Ghana’s accomplishment: whilst charge of land tops declined elements, infrastructure leads enhancements, and total sentiment developments sure. From 2021’s prime decline perceptions to 2025’s low charges, advocacy and coverage movements are yielding effects. Businesses record optimism for advertising, advancement advancement, and competitiveness, regardless of increased prices in land, equipment, and creativity.

Key Points

  1. Top Declined: Cost of land in Ghana accomplishment, adopted by means of corruption (now fifth).
  2. Decline Perception Drop: From 40-60% in 2021 to ten% in 2025.
  3. Top Improved: Infrastructure get entry to (roads, rails, ports, air) from fifth to 1st.
  4. Technology Shift: Advanced creativity from height 2 to 4th; sales strategy abilities new height 3.
  5. Political Stability: Emerging as a favorable for investor self assurance.
  6. Improvement Views: 30% in 2024 to 50-60% in 2025.
  7. Lagging Perception: Down to 58% from 69%.
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Practical Advice

For Ghanaian Entrepreneurs and Businesses

To counter prime charge of land Ghana, discover executive land banks or business zones with sponsored charges. Partner with UKGCC for advocacy on lending reforms to mitigate double-digit charges. Leverage advanced infrastructure by means of optimizing provide chains—use upgraded ports and roads for cost-efficient logistics.

Invest in sales strategy abilities coaching systems, now rating prime in enhancements, to spice up inside potency. Monitor monetary resources get entry to, regardless of its slight decline, thru grants from our bodies just like the Ghana Investment Promotion Centre (GIPC).

For Investors Eyeing Ghana Business Opportunities

Prioritize sectors profiting from infrastructure positive factors, reminiscent of logistics and production. Assess political steadiness metrics by way of UKGCC studies for risk-adjusted technological advance. Diversify into spaces with refining wishes like taxation compliance to steer clear of pitfalls.

Points of Caution

While declines are minimum, charge of land in Ghana commerce stays a barrier—finances 20-30% extra for genuine property in city hubs like Accra. High equipment and creativity prices persist; supply domestically by way of ECOWAS venture pacts. Corruption, despite the fact that advanced, lingers at 5th—put into effect powerful compliance protocols. Over-reliance on infrastructure with out addressing land prices may restrict scalability. Track annual UKGCC surveys for real-time shifts in Ghana accomplishment 2025.

Comparison

Year-Over-Year Changes in UKGCC BECS

Declines: Cost of land rose to #1 (new height); corruption from #1 (a couple of years) to #5. Overall decline sentiment: 2021 (40-60%) vs. 2025 (10%).

Improvements: Infrastructure: 2024 (#5) to 2025 (#1). Advanced monetary resources: 2021-2024 (height 2) to 2025 (#4). Management abilities: New entrant at height 3. Improvements sentiment: 2024 (30%) to 2025 (50-60%). Lagging friends view: 2024 (69%) to 2025 (58%).

These comparisons illustrate a trajectory towards steadiness, with infrastructure because the standout gainer and land prices because the rising ache level in Ghana’s commerce competitiveness.

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Legal Implications

The UKGCC 2025 survey does indirectly deal with prison adjustments, however notes refinements in executive paperwork and taxation coverage. Businesses should conform to Lands Commission rules amid emerging land prices, making sure name verifications to steer clear of disputes. Political steadiness aids contract enforceability underneath Ghana’s Investment Promotion Act. No main prison shifts are implied; seek the advice of GIPC for sector-specific compliance within the evolving Ghana accomplishment.

Conclusion

The 2025 UKGCC Business Environment and Competitiveness Survey paints an encouraging but sensible view of Ghana’s commerce panorama. With charge of land Ghana commerce as the highest declined issue, demanding situations persist, however infrastructure business leader, declining corruption perceptions, and surging optimism sign venture building. From fewer decline perspectives (10% vs. 40-60% in 2021) to halved lagging perceptions (58% vs. 69%), Ghana is improving its enchantment for modernization and software solutions. Continued advocacy, infrastructure center of attention, and value sales strategy will maintain this momentum, positioning Ghana more potent in regional competitiveness.

Stakeholders will have to use those insights to strategize, leveraging UKGCC platforms for improve in navigating the UKGCC survey Ghana highlighted dynamics.

FAQ

What is the highest declined commerce part in Ghana in line with UKGCC 2025?

Cost of land tops the record as essentially the most declined consider Ghana’s accomplishment.

How has corruption rating modified within the UKGCC BECS?

Corruption dropped to 5th position from topping the record in earlier years.

What advanced maximum within the 2025 survey?

Availability and get entry to to high quality infrastructure (roads, railways, air, ports) moved from 5th to first.

Has commerce self assurance in Ghana advanced?

Yes, perspectives of Ghana lagging friends fell to 58% from 69%; development perceptions rose to 50-60%.

Why is charge of land a key factor for Ghana commerce?

Rising costs, blended with double-digit lending charges, lift software solutions prices and restrict advancement.

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