Never miss a beat on Africa's legal and regulatory landscape.
Ghana’s mining sector ranked 6th globally in gold production and held the position of Africa’s top producer from 2018 to 2021. The industry significantly contributes to the country’s GDP, attracts foreign investment, and acts as a primary tax source. The transition from s..
The Income Tax (Amendment) Act, 2023 (Act 1094) (the Income Tax Amendment) was enacted on 31 March 2023 and became effective on 3 April 2023, following presidential assent and its publication in the gazette. The purpose of this update is to highlight and comment on the ke..
The Ghanaian authorities have published an important bill, the Ghana Industrial Property Office Bill, 2023 (the Bill).
The purpose of the Bill is to establish a new IP office, the Ghana Industrial Property Office (GHIPO).
The Government of Ghana is taking steps to address the challenges of domestic revenue mobilization and achieve the objectives of the IMF Extended Credit Facility Program. The government is preparing a Medium-Term Revenue Strategy (MTRS) that will focus on tax policy and r..
Ghana’s power sector has experienced rapid growth in the last decade. According to the Energy Commission, total electricity generation almost doubled from 11.2 GWh in 2011 to 22.1 GWh in 2021, representing an annual average growth rate of 7%. In order to sustain the growt..
In Ghana, gold mining has always been a profitable venture for people in areas rich with minerals. Small-Scale Mining (SSM) is a major driver of the economy, directly employing an estimated 1 million Ghanaians and supporting around 4.5 million others. SSM has accounted fo..
Since the discovery of oil in commercial quantities in 2007, Ghana's petroleum industry has witnessed remarkable growth. In an effort to foster the development of the indigenous market, the Ministry of Energy introduced policies to take advantage of this growth. How..
The Supreme Court of Ghana (Supreme Court) has on several occasions held that international business or economic transactions (IBET(s)) involving the Government of Ghana (Government) that are not approved by the Parliament of Ghana (Parliament) are unconstitutional. In th..
One of the most valuable assets that a person can acquire in Ghana is, land (immovable or real property). As defined by Ollennu J. (as he then was), now reflected in the Land Act, 2020 (Act 1036): “the term land, includes the solid surface of the earth, trees, plant, crop..
