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N. Dowuona & Company

Ghana Securities Industry Draft Guidelines (Crowdfunding), 2022

The Securities and Exchange Commission of Ghana (“SEC”) in April 2022 released the Draft Ghana Securities Industry (Crowdfunding) Guidelines (“Draft Guidelines”). These Draft Guidelines were published by the SEC pursuant to the Securities Industry Act, 2016 (Act 929) and ..

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N. Dowuona & Company

"Safer food, better health" - Does Ghana need more laws?

Did you know there are over 200 mild to deadly foodborne diseases that affect 1 in 10 people worldwide each year? Here in Ghana, we’re proud ‘foodies’: our food is central to our culture and identity. Yet, even our most nutritious meals are vulnerable – prone to mis..

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WTS Nobisfields

Ghana Introduces the Electronic Transfer Levy (E-Levy)

The Electronic Transfer Levy Act, 2022, has been enacted into law by the Parliament of Ghana
in its capacity as the country’s law makers. The purpose of this law is to re..

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B&P Associates

Will The Anchor Hold? – Electronic Transfer Levy And Its Effect On The Fintech Space

The financial services industry, like many spheres of life, has evolved as a result of the massive influence of globalization. With technology advancing at galloping speed, the banking sector has managed ..

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Bentsi-Enchill, Letsa & Ankomah

Key highlights of Ghana’s Land Act 2020

It has been a little over a year since Parliament passed the Land Act 2020 (Act 1036). Until the Land Act was passed, Ghana’s land law was contained in several legislations and cases. The Land Act 2020 co..

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N. Dowuona & Company

Electronic Transfer Levy Act, 2022 (Act 1075) to Take Effect in May 2022

The Government of Ghana has passed the Electronic Transfer Levy (E-Levy) Act, which imposes a levy of 1.50% on electronic transfers at the time of transfer. This initiative by the Government is meant to broaden the tax base in the country and generate revenue. 
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Koranteng & Koranteng

Bank of Ghana adopts retail token-based digital currency

The Bank of Ghana has adopted a retail token-based central bank digital currency (CBDC) as the 'eCedi of choice', which enables the currency to be stored locally on a card, on a phone, or a smart device and can be passed on from one user to another.

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ENSafrica

Ghana: Governing law and jurisdiction clauses in cross-border facility agreements

Local entities are increasingly relying on foreign banks for debt financing to meet the capital requirements of their business. In lending to local entities, foreign lenders consistently require a res..

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ENSafrica

Dispute resolution under Ghana’s Payment Systems Act

Fintech and electronic payment systems have swept through the Ghanaian financial sector, bringing efficiency and access to consumers, as well as opportunity to service providers.

 

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