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Author: admin

LIMA Digest

• October 1, 2023October 10, 2023
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• By admin
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• Leave a Comment on Africa’s Economic Revolution

Africa’s Economic Revolution

In the heart of the African continent, a transformative journey is underway. A journey guided by bold aspirations and a shared vision for a future that transcends borders, languages, cultures and connectsnations. As the sun rises on a new

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LIMA Digest

• August 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on Tax Health Check

Tax Health Check

Amidst the bustling markets and burgeoning industries, a critical element often remains hidden in plain sight - the tax health of companies. Just as individuals require regular check-ups to ensure their physical well-being, businesses too must undergo periodic assessments

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LIMA Digest

• July 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on Ace That Interview

Ace That Interview

Are you actively seeking new job opportunities and preparing for upcoming interviews? Landing an interview is an exciting step in your job search, but it can also be nerve-wracking if you are unprepared. To help you succeed in your

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LIMA Digest

• June 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on IMF Conditionalities

IMF Conditionalities

On May 19, 2023 the Ministry of Finance confirmed receipt of the first $600 million tranche of $3 billion, for the three-year Extended Credit Facility (ECF). The second tranche of $600 million will be approved after a successful review

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LIMA Digest

• May 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on Ghana’s Journey With The IMF

Ghana’s Journey With The IMF

Who is the IMF? The International Monetary Fund (IMF) was instituted in July 1944 at the United Nations Bretton Woods Conference. The IMF broadly fosters international financial stability by: Policy advice, Financial assistance and Capacity development. What are the

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LIMA Digest

• April 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on Updates On New Tax Acts

Updates On New Tax Acts

On Friday, March 31, 2023, three revenue bills were introduced in parliament. The President signed the legislation in to law on April 3, 2023, and they went into effect on that date. The Act’s goal is to generate additional

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LIMA Digest

• March 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on Recent Policy Amendments

Recent Policy Amendments

Petroleum (Local Content And Local Participation) (Amendment) Regulations, 2021 (L.I 2435) On February 17, 2022, a new amendment, Petroleum (Local content and local participation) (Amendment) Regulations, 2021 (L.I 2435), came into force by the mandate conferred on the Minister

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LIMA Digest

• February 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on Bonds

Bonds

A bond is a long-term contract (in the capital market). It is a fixed income instrument that represents a loan made by an investor to a borrower. Simply put, a bond is a contract between the investor and the

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LIMA Digest

• January 20, 2023October 4, 2023
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• By admin
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• Leave a Comment on Proposed Tax Amendments

Proposed Tax Amendments

On 24th November, 2022, the President through the minister responsible for Finance proposed some amendments to the tax laws of Ghana, principally to raise more revenue for the state to help cater for various sectors of the economy. Also

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