The year 2023 saw policies, legislation and judicial decisions that affected businesses and individuals. This report provides insight into some of these developments in 2023 and the outlook for 2024 for some sectors or areas.
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The year 2023 saw policies, legislation and judicial decisions that affected businesses and individuals. This report provides insight into some of these developments in 2023 and the outlook for 2024 for some sectors or areas.
In the pursuit of justice and the preservation of ethical standards within society, the Whistleblowers Act, 2006 (Act 720) in Ghana stands as a pivotal legal instrument. This Act provides a framework for individuals to disclose instances of impropriety, safeguarding them ..
The increasing demand for electricity in Ghana and the need to reduce greenhouse gas emissions has resulted in significant investments in renewable energy projects. In line with its commitment to sustainable development and the Paris Agreement, the Government of Ghana aim..
The Fintech and Innovation office of the Bank of Ghana ("BoG"), in August 2022, launched a regulatory and innovation sandbox pilot (the “Regulatory Sandbox”) in response to requests for innovation in the banking and financial services sector.
On 25 October 2023, the High Court in Nuumo Emmanuel T Antia We 6 Others v Nii Adotey Otintor II Another(Suit No GJ/0034/2024), pursuant to an ex parte application, granted an order of interlocutory injunction restraining the respondents from ‘handling, organizing, touchi..
Ghana, like many other developing countries, faces significant infrastructure deficit that has long hindered its economic growth and development. Addressing Ghana's infrastructure challenges will require raising billions of dollars in annual expenditures. Recognizing the ..
In the wake of increasing calls for land administration reforms in Ghana, Parliament of Ghana passed the new Land Act, 2020 (Act 1036) (the “Land Act”) in December 2020. Among many of the reforms introduced by the Land Act is the introduction ..
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..