LIMA Digest

Ghana Banking Industry Report – 2023

An Annual Performance Review - A REPORT BY LIMA PARTNERS The banking industry in Ghana has been experiencing significant changes over the last three years. This has been driven by a requirement for banks to meet increased capital requirements,

LIMA Digest

Transfer Pricing Rules In Ghana

Transfer Pricing is a vital aspect of international taxation, playing a crucial role in the global economy. Transfer Pricing (TP) refers to the pricing of goods, services, or intellectual property when they are transferred between related entities within Multinational

LIMA Digest

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

LIMA Digest

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

LIMA Digest

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

LIMA Digest

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

LIMA Digest

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

LIMA Digest

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

LIMA Digest

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

LIMA Digest

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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Ghana Banking Industry Report – 2023

Transfer Pricing Rules In Ghana

Africa’s Economic Revolution

Tax Health Check

Ace That Interview

IMF Conditionalities

Ghana’s Journey With The IMF

Updates On New Tax Acts

Recent Policy Amendments

Bonds

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