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Business News of Saturday, 1 January 2005

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Ghana is second in business prosperity in Africa- report

Ghana is this year projected to rank second in business prosperity in Africa. According to a just released December 2004/January 2005 African Review Survey of executives in business and government in Africa.

According to Review Survey, Tanzania is projected to top with a score of 85 percent, followed by Ghana (84 percent) and Uganda (80 percent). Tanzania has also ranked highest at 62 percent this year (2004).

On salient problems faced in the continent, the African Review Survey indicates lack of capital, inflation, and poor infrastructure as main headaches for the 2004/2005.