Kofi Ahovi

By Kofi AHOVI The Ghana Free Zones Board (GFZB) has approved a total of 13 out of 23 applications received from investors for the first half of 2010. Interestingly, the Board received a total of 13 applications for the first half of this year, but there was a backlog of 10 applications from 2009 for consideration. The 13 approved companies were made up of two each in the service sector and commercial sector and nine in the manufacturing sector. The total capital invested by the enterprises for the first half of this year is estimated at US$122 million. The value of production by the enterprises for the same period is US$431 million, while the value of export is US$691 million. Employment figure recorded for the same period is 30,969 comprising 50,006 Ghanaians and 963 expatriates. Total duties paid on sales into the local market as at the end of the first half year of 2010 is estimated at US$1.10 million, while an estimated amount of US$641.939 was spent on training Ghanaian employe...

By Kofi AHOVI The Ghana Free Zones Board (GFZB) has approved a total of 13 out of 23 applications received from investors for the first half of 2010. Interestingly, the Board received a total of 13 applications for the first half of this year, but there was a backlog of 10 applications from 2009 for consideration. The 13 approved companies were made up of two each in the service sector and commercial sector and nine in the manufacturing sector. The total capital invested by the enterprises for the first half of this year is estimated at US$122 million. The value of production by the enterprises for the same period is US$431 million, while the value of export is US$691 million. Employment figure recorded for the same period is 30,969 comprising 50,006 Ghanaians and 963 expatriates. Total duties paid on sales into the local market as at the end of the first half year of 2010 is estimated at US$1.10 million, while an estimated amount of US$641.939 was spent on training Ghanaian employe...