LANGUAGE: English is widely spoken in Ghana and is frequently used in formal business settings. Ghanaians do appreciate when visitors try to use basic words in Twi, such as Akwabaa (Welcome), Wo ho te sen? (How are you?) or Me da ase (Thank you).
LANGUAGE: English is widely spoken in Ghana and is frequently used in formal business settings. Ghanaians do appreciate when visitors try to use basic words in Twi, such as Akwabaa (Welcome), Wo ho te sen? (How are you?) or Me da ase (Thank you).
The new Companies Act promotes prudence in management, effective boardroom practice and shareholder activism. The timing of this new law is ideal as 2018 saw a string of collapsed banks, many of which experienced a breakdown in their corporate governance regime. For the first time in Ghana’s corporate governance history, an Office of the...
ACCRA CITY HOTEL Barnes Road, PO Box 12720 T: (233) 302 633 863 www.accracityhotel.com reservations@accracityhotel.com Rooms: 196 rooms. Business & Conference Facilities: Wi-Fi access, business centre with support staff, fax machine, copy/print services, secretarial services, translation services, five conference rooms with...
Ghana’s legal system is based on the English Common Law. The respect for the rule of law and the protection of fundamental human rights are ideals woven intrinsically into the fabric of Ghanaian society. The country’s prevailing 1992 constitution further embeds these ideals and has served as a bedrock for ensuing decades of sustained...
The Ghana Revenue Authority (GRA) is the government body mandated to collect and assess taxes. It enforces the provisions of the tax acts and serves as the first arbiter between parties in the event of a dispute. The Ministry of Finance and Economic Planning is responsible for overseeing the GRA.
The topic of VAT has dominated the discussion of taxation in recent years, with the most notable conversations occurring in the Gulf. Like the Gulf countries, many territories have their own story of implementing the tax. This analysis outlines the VAT story in Ghana, highlights how the tax has changed over the years and explains the situation...
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