Laws & Regulations

Consolidated Bank Ghana Limited (CBG) has organised a successful business trade trip to China, enabling its SME clients to gain firsthand access to new markets, build strong supplier relationships, and navigate international trade with confidence.

The International Monetary Fund (IMF) has revealed that Ghana’s fiscal performance is on track to achieve a primary surplus of half percent of Gross Domestic Product (GDP) on a commitment basis.

Data from the Ghana Investment Promotion Center (GIPC) shows that the country recorded one of its lowest foreign direct investment (FDI) of US$649.58 million in 2023. This is about 55 percent drop from the previous year which was at US$1.47 billion.

The African Export-Import Bank (Afreximbank) has on June 18, launched its wholly-owned insurance management services subsidiary, AFREXInsure in Accra.

Energy Policy Analyst, Benjamin Nsiah, has called on the government to re-direct its dollar auction policy towards the importation and pricing of Liquefied Petroleum Gas (LPG) in Ghana.

The mobile telecommunication industry in Ghana paid taxes and other remittances worth ¢4.3 billion to the government and other allied agencies in 2021, the Ghana Chamber of Telecommunications has revealed.

The Ghana Revenue Authority has set April 1st, 2022 to begin collecting taxes from non-resident Ghanaians who undertake online businesses such as using Facebook to sell or electronic-commerce (E-commerce).

Mr Samuel Abu Jinapor, the sector Minister, who said this at a media briefing in Accra on Wednesday, said the reforms would focus on amending the laws regarding the licensing, issuance of permits, sanctioning and enforcement regimes in the mining sector.

Dr Isaac Nyame, a Consultant with the Private Enterprise Federation (PEF), has called on government to implement simple tax system to help improve the country’s tax revenue.