According to Article 40 of its 1992 constitution, Ghana’s foreign policy is underpinned by a commitment not only to protecting the country’s interests, but also to establishing a just and equitable economic, political and social order more widely. This includes promoting the settlement of international disputes through peaceful norms and...
Generally, 2017 was a challenging year for Ghana’s accountants. In February Ken Ofori-Atta, the minister of finance, announced that over three years of off-the-books spending by the previous government had opened a GHS7bn ($1.7bn) hole in the budget, revealing the next day that the figures could be even higher.
The guide contains information on some of the leading hotels in Ghana, and contact details for government ministries, embassies and business services, alongside useful tips for first-time or regular visitors.
As in many West African countries, Ghana’s economy is strongly correlated with global commodities. Oil, gold and cocoa are the three main sources of foreign currency and income; however, price swings over 2015 and 2016 for these three resources, a strengthening US dollar, as well as domestic issues such as fiscal slippage, growing debt and mounting inflation have combined to slow the pace of...
Long one of the continent’s success stories, Ghana is the birthplace of pan-Africanism and was one of the biggest advocates for independence during the colonial period. It has since developed one of the region’s largest and most advanced markets, and has become a diplomatic and economic force in West Africa. The country benefits from a wealth of natural resources, including cocoa, gold and –...
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