PodcastObtaining A PSP (Payment Service Provider) License In Ghana (Podcast)Obtaining A PSP (Payment Service Provider) License In Ghana.GhanaCorporate/Commercial LawFirmus Advisory
ArticleThe Yardstick On Inflation In GhanaThere have been eight finance ministers under Ghana's ‘fourth republic', Ken Ofori-Atta being the eighth and current occupant. Internationally, he is being judged for the public financial...GhanaFinance and BankingSonghai Advisory LLP
ArticleHow To Open A Bank Account In GhanaGhana as a country is privileged to have a thriving economy with many opportunities for businesses to grow. GhanaFinance and BankingFirmus Advisory
ArticleMid-Year Budget 2024The Mid-Year budget of Ghana, as presented by the Minister of Finance on July 23, 2024 to parliament, is in fulfilment of Section 28 of the Public Financial Management Act, 2016 (Act 921).GhanaGovernment, Public SectorFirmus Advisory
ArticleAfrica And The Davos Club, Delay Not DenialOver the past 50 years Davos has come to serve as a way station for global capital and its partners in government. Meanwhile today, frontier markets in Africa, the Middle East and further afield...GlobalFinance and BankingSonghai Advisory LLP
ArticleGhana Budget BluesFinance Minister Ken Ofori-Atta delivered his mid-year budget speech yesterday (25 July) in a radically different register than most of his presentations between 2019 and 2022.GhanaFinance and BankingSonghai Advisory LLP
ArticleGhana Stock Exchange Issues Rules On Commercial Paper Issuance And AdmissionThe Ghana Stock Exchange (GSE) has issued rules to facilitate and regulate the issuance, admission and trading of commercial papers on the Ghana Fixed Income Market (GFIM).GhanaFinance and BankingBentsi-Enchill, Letsa & Ankomah
ArticleGhana's Financial Institutions & Capital Markets Outlook 2024In the 2023 report, we highlighted the legal and regulatory themes which we expected to impact activities within the financial services industry in 2023 and discussed the challenges and opportunities...GhanaFinance and BankingBentsi-Enchill, Letsa & Ankomah
ArticleHow To Renew GIPC Investor RegistrationAccording to section 24 of the GIPC Act, all businesses with foreign participation are required to register with the GIPC.GhanaFinance and BankingFirmus Advisory
ArticleGhana's 2023 BudgetFinance Minister Ken Ofori-Atta read the Akufo-Addo government's sixth annual budget in parliament yesterday. It takes place amid severe economic pressure,...GhanaGovernment, Public SectorSonghai Advisory LLP
ArticleImplementation Of The Growth And Sustainability Levy Act To Commence On 30 June 2023In November 2022, the Minister for Finance (during his reading of the budget statement and economic policy of the Government for the 2023 financial year)...GhanaTaxBentsi-Enchill, Letsa & Ankomah
ArticleThe Road Towards Facilitating Carbon Finance In Ghana - Ghana Establishes Carbon RegistryGenerally, carbon credits are permits for the reduction, removal or emission of limited amount of GHG. GhanaFinance and BankingBentsi-Enchill, Letsa & Ankomah
ArticleGhana's Financial Institutions & Capital Markets Outlook 2025This report explores the key projected government policies and regulatory interventions which may impact financial services, capital markets and regulated funds in 2025. GhanaFinance and BankingBentsi-Enchill, Letsa & Ankomah
ArticleHow To Secure A Loan And Other Credit Transactions In GhanaFinancial institutions and other businesses, in the course of doing business, may give loans, products or services on credit. GhanaFinance and BankingAsare Bediako & Co
ArticleLMA Publishes "First Of Its Kind" Multi-Jurisdictional African Facility AgreementOn 24 July 2024 the Loan Market Association (the "LMA") published an exposure draft form of facility agreement which contemplates an African holding company and various...GlobalFinance and BankingMayer Brown
ArticleDevelopment Finance Institutions ActThe Development Finance Institutions Act, 2020 (Act 1032) (the "Act") was passed by the Ghanaian Parliament and received Presidential assent on 27thOctober, 2020.GhanaFinance and BankingKoranteng & Koranteng Legal Advisors
ArticleGhana Stock Exchange Issues Over-the-Counter Market Rules For Unlisted SecuritiesThe Ghana Stock Exchange has established an Over-the-Counter Market (OTC market) and issued rules for the admission and trading of securities on its OTC market. Read the provisions and expected benefits of these OTC rules to issuers and investors below...GhanaInsolvency/Bankruptcy/Re-StructuringBentsi-Enchill, Letsa & Ankomah
ArticleGhana's J CurveThe Ghanaian economy is slowing, and its deceleration is fairly broad-based. According to data presented by chief statistician Professor Annim, GDP growth in Q1 2022 was 3.3% year-on-year compared to 7.0% for Q4 2021.GhanaStrategySonghai Advisory LLP
ArticleUpdate (18 Jul 2016): Volta River Authority Engulfed In Debt. Does This Pose A Risk To The Financial Sector?Ghana's state-owned power generation company, the Volta River Authority (VRA), is indebted to 13 local banks and foreign financial institutions to the tune of about US$ 1.1billion as at July, 2016.GhanaEnergy and Natural ResourcesSonghai Advisory LLP