Ghana

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Ghana’s legal system is premised on English Common Law. The laws of the country comprise: the constitution; statutes enacted by Parliament; orders, rules and regulations made by any person or authority under a power conferred by the constitution; the existing law; and the common law, which is made up of the rules of law generally known as...

 

Following a period of rapid economic growth, Ghana’s slowdown over the past couple of years has had a noticeable impact on the construction sector in particular. However, its prospects appear to be modestly brightening, with sizeable capital allocations in the government’s budget and growth of 3.7% targeted for the construction industry in...

 

With another peaceful transition of power under its belt, Ghana began 2017 with a clear reminder that it is a stable, safe destination for international travellers. However, despite its tropical climate, historical sites and colourful festivals, the country has remained primarily a hub for businesses and consultants, whose arrival numbers have...

 

As Greater Accra expands, merging with the industrial port town of Tema, Ghana’s growing urban populations are increasingly experiencing the frustrations of mega-city traffic congestion. For example, the Motor Transport and Traffic Department recorded 2890 road accidents in the first quarter of 2017, compared to 2830 the same period of 2016. A...

 

As Ghana seeks to highlight itself as a compelling alternative to more developed African tourism markets – Kenya and South Africa, for example – positioning the country as a unique and worthwhile destination still requires some marketing work. As Leeford Quarshie, general manager of La Villa Boutique Hotel, told OBG, “There is the need to...

 

Since 2007 Ghana’s real estate market has continued to follow a cyclical trajectory, booming when headline growth is strong, but slowing in recent years in line with the commodity price drop in 2014. The sector is also affected by other pro-cyclical factors: as reported in the Bank of Ghana’s March 2017 “Monetary Policy Report”, the Ghanaian...

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