World Bank has ranked best Africa countries to do business with and Ghana is not part- see why

The world bank has currently ranked the best countries to do business and Ghana is not part. A lot of factors influenced their ranking, some of these factors are:



The policy frameworks relating to FDI and FPI are relatively similar, although there are a few differences.

Direct investors tend to look at a number of factors relating to how they will be able to operate in a foreign country:

the rules and regulations pertaining to the entry and operations of foreign investors
standards of treatment of foreign affiliates, compared to “nationals” of the host country
the functioning and efficiency of local markets
trade policy and privatization policy
business facilitation measures, such as investment promotion, incentives, improvements in amenities and other measures to reduce the cost of doing business. For example, some countries set up special export processing zones, which may be free of customs or duties, or offer special tax breaks for new investors
restrictions, if any, on bringing home (“re-patriating”) earnings or profits in the form of dividends, royalties, interest or other payments
The determinants of FPI are somewhat more complex, however. Because portfolio investment earnings are more likely to be tied to the broader macroeconomic indicators of a country, such as overall market capitalization of an economy, they can be more sensitive to factors such as:

high national economic growth rates
exchange rate stability
general macroeconomic stability
levels of foreign exchange reserves held by the central bank

general health of the foreign banking system
liquidity of the stock and bond market
interest rate.

In addition to these general economic indicators, portfolio investors also look at the economic policy environment as well, and especially at factors such as:

the ease of repatriating dividends and capital
taxes on capital gains
regulation of the stock and bond markets
the quality of domestic accounting and disclosure systems
the speed and reliability of dispute settlement systems
the degree of protection of investor’s rights.


Ranking;
Best African Countries To Do Business (2020)

1. Mauritius

2. Rwanda

3. Morocco

4. Kenya

5. Tunisia

6. South Africa

7. Zambia

8. Botswana

9. Togo

10. Seychelles

11. Namibia

12. Malawi

13. Cote d'Ivoire

14. Djibouti


Edited by : Rusco
Source: World Bank's Ease of Doing Business

Comments

Popular posts from this blog

Ghanaian nurse Ellen Asare mistakenly shares ‘raw’ video of herself meant for her boyfriend in school group

Confusion hits Adeiso over Akuffo Addo 88 Hospitals promise

Kellie Chauvin, wife of Minneapolis police officer Derek Chauvin charged in death of George Floyd, files for divorce