Ghana’s Economy: “2015-2016 Prospects Are Good, Currency Stability Is Improved”
“Prospects are good. We have seen some level of stability in the currency. The second half is always structurally and seasonally very good in Ghana,” explains John Awuah, CEO & MD of Universal Merchant Bank (UMB).
“Prospects are good. We have seen some level of stability in the currency. The second half is always structurally and seasonally very good in Ghana,” explains John Awuah, CEO & MD of Universal Merchant Bank (UMB).
“We are an import dependent economy and we are getting to the latter part of the year with the Christmas festivities and the Muslim religious festivities which boost consumer spend,” he continues.
Therefore, “The import levels are high and the services sector all tend to do much better in the second half,” he adds.