1. THE AGI BUSINESS BAROMETER PRESENTATION OF RESULTS 3rd QUARTER, 2015 3rd November 2015 TRADE FAIR CONFERENCE ROOM

2. OUTLINE  Sample Distribution  Key Findings  Business Performance  Employment Indicator  GRA Single Window System  Major Challenges  Business Indicator  Comparative Analysis

3. SAMPLE DISTRIBUTION Sample Size – 456 Sample Distribution by Sector Manufacturing – 37% Service – 44% Construction – 19% 3

4. BUSINESS PERFORMANCE Q3/2015

5. EMPLOYMENT INDICATOR

6. GRA SINGLE WINDOW SYSTEM 6

7. Awareness of Single Window System

8. Usage of the Single Window System

9. The Single Window System as compared with the previous system

10. MAJOR CHALLENGES Q3, 2015

11. CHALLENGES BY SECTOR Sector Challenges 1st2nd3rd ManufacturingExchange rate volatility Inadequate power supply Multiplicity of taxes ServiceExchange rate volatility Inadequate power supply Multiplicity of taxes ConstructionExchange rate volatilityDelayed paymentAccess to credit

12. CHALLENGES BY SIZE Size Challenges 1st2nd3rd Small Exchange rate volatility Inadequate power supply Access to credit Medium Exchange rate volatility Inadequate power supply Multiplicity of taxes Large Exchange rate volatility Inadequate power supply Multiplicity of taxes African Giants Exchange rate volatility Inadequate power supply Multiplicity of taxes

13. THE INDICATOR The Business Barometer Indicator is the statistical mean of Situation and Expectation The BB expresses the state of the business confidence as an index, with 100 as the base index. It is calculated out of “current” business mood and “expectations” for the future. This simple “balance method” is applied by many Business Climate Indicators.

14. INDICATOR RESULTS

15. INDICATOR CHANGE (Q4 2014 – Q3 2015)

16. COMPARATIVE ANALYSIS Q2, 2015 & Q3, 2015

17. BUSINESS PERFORMANCE Q2, 2015Q3, 2015

18. EMPLOYMENT INDICATOR Q2, 2015Q3, 2015

19. MAJOR CHALLENGES Q2, 2015Q3, 2015

20. CONCLUSION Confidence level improves significantly in Q3, 2015 (102.30) as compared to the 87.90 points recorded in Q2, 2015. Employment level within the next six months is expected to largely remain the same. Awareness of the single window system, recently introduced by Customs, GRA is minimal. Nevertheless, users rated it as being more convenient (faster and less expensive) as compared to the previous system. The major challenges that Industry continues to face include exchange rate volatility, inadequate power supply and multiplicity of taxes.

21. THANK YOU!!!

22. CONTACT The Chief Executive Officer Association of Ghana Industries 2nd Floor, Addison House Trade Fair Centre, La, Accra P. O. Box AN-8624, Accra North, Ghana Phone: +233-0302-779023/4 Email: agi@agighana.orgagi@agighana.org Website: www.agighana.orgwww.agighana.org