Laws & Regulations

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.

The Minister of State in charge of Public Procurement, Hon. Sarah Adwoa Safo, has said that as part of efforts at strengthening the capacities of local contractors, the government has made a policy where 70% of all its contracts or projects shall be awarded to local contractors.

The Deputy Minister of Food and Agriculture, William A. Quaittoo has stated that the Green Innovation Centre (GIC) project for the food and agriculture sector is consistent with the Planting for Food and Jobs programme, a priority of the Ministry of Food and Agriculture.

The Vice-President, Dr Mahamudu Bawumia, has stated that the government has begun a review of the tax exemptions regime to eliminate abuse and make them more efficient.

Parliament has approved an amount of US$534.77million for the 2017 programme of activities of Ghana National Petroleum Corporation (GNPC).

The regional workshop with African Land Commissions on securing community land rights ended in Accra, Ghana, Wednesday with participants committing to advancing policy, legal and regulatory reforms in their respective countries .

On 2 March, Ghanaian finance minister Ken Ofori-Atta laid out taxation and spending plans in the first budget under President Nana Akufo-Addo, who was elected in December.

The Deputy Minority Leader, James Kludze Avedzi has urged caution on government’s decision to totally forgo the use of sole-sourcing in the award of government contracts.

According to Mr. Ken Ofori-Atta, Minister for Finance,16 tax reforms will be changed including the removal of eight taxes, the reduction of three taxes, the replacement of one tax and four other reforms.