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Ghana: ICT services liberalisation detrimental to local companies

28 October 2012

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Although liberalisation of trade in ICT services has led to increased investments in Ghana over the years, it has nonetheless been detrimental to indigenous businesses, a survey suggests.

The perception survey, carried out on the International Liberalisation of Trade in ICT Services to identify the challenges for the private sector in Ghana, indicates that multinational corporations in the ICT sector have captured the local market, which has affected indigenous companies to take advantage of competitive market.

The survey was carried out in 2011 by the Science and Technology Policy Research Institute (STEPRI) of the Council for Scientific and Industrial Research (CSIR) in Ghana with support from the PANOS Institute of West Africa, with funding from the Canadian International Development Research Centre.

The report says in spite of numerous benefits that the international policy on trade in ICT services offers, very little efforts have been put in place in Ghana to educate local businesses of the benefits in the ICT sector.

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SOURCE: The Africa Report

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