Notice No. 3/GBM/2024, was published on 20 March, and establishes the rules and procedures for carrying out foreign exchange operations. It applies to all resident and non-resident entities covered by the Foreign Exchange Law.
Read the full guide here: Rules and Procedures to Carry out Foreign Exchange Operations
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Read the original publication at GDA Advogados
Presidential Decree 216/24, of 21 October 2024, approved the Investment Policy of the Angolan Sovereign Fund (Fundo Soberano de Angola, FSDEA). This article provides a summary.
The prescribed rate of interest is 11.50% per annum with effect from 1 November 2024. The previous rate was 11.75% per annum. According to the Prescribed Rate of Interest Act, interest on debts w..
On 27 September 2024, the Bank of Ghana launched the Ghana Gold Coin (GCC) as part of its Monetary Policy Committee’s Gold Purchase Programme. This significant milestone is aimed at providing residents of Ghana with an alternative investment vehicle in addition to treasur..
