Infrastructure, Telecoms Rank Among 2025’s Most Improved Business Conditions – UKGCC
By Praisebell Rosemond Larbi
Availability and access to infrastructure, improved telecommunication costs, and stronger management skills have emerged as the three most improved business components in Ghana for 2025. This is according to the latest Business Environment and Competitiveness Survey conducted by the United Kingdom Ghana Chamber of Commerce (UKGCC).
The report highlights a significant rise in business executives’ satisfaction with these components, noting that reliable infrastructure and more affordable telecom services have boosted operational efficiency for firms across sectors. Management capacity also showed notable progress, reflecting increased investment in training and organisational development.
The survey further revealed that the effectiveness of Ghana’s political system ranked among the top improved indicators this year. Respondents cited the peaceful and credible conduct of the December 2024 elections as evidence of an increasingly stable political landscape supportive of business growth.
However, the survey also identified areas where conditions deteriorated. Three new factors appeared in the list of the five most-declined components compared to last year. Corruption, which was the most significant concern in the 2024 survey, dropped to the fifth position this year, showing some improvement, though still viewed as a major challenge. The cost of power, previously ranked fifth, rose to the third-worst factor, reflecting growing concerns about electricity pricing and its impact on business costs.
Taking a broader view of trends from 2021 to 2025, UKGCC noted a clear upward shift in executive perceptions of Ghana’s business environment. In 2021, approximately 21 percent of respondents rated key components of the business environment as “declining.” This proportion has steadily reduced over the five-year period.
On corruption specifically, perceptions of government efforts improved more than any other indicator. Despite this progress, views on the regulatory framework showed slower gains. Many respondents indicated that cumbersome regulations and inconsistent policy implementation continue to impede competitiveness.
The report also highlighted growing optimism about access to capital. More respondents said funding availability improved in 2025, with better borrowing conditions and more favourable costs of capital and land. According to the UKGCC, improved access to finance encourages firms to pursue expansion, invest in technology, and undertake innovation, signals of renewed confidence in Ghana’s economic outlook.
