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Getting the Deal Through - Arbitration 2017 - Ghana

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Getting the Deal Through - Mergers and Acquisitions 2017 - Ghana

In Ghana, business combination takes various forms, namely: • acquisition of shares; • creation of joint ventures; • acquisition of business assets; • merger of two or more companies into one of the existing companies; • merger of two or more companies into a new entity set up for that purpose; 

Getting the Deal Through - Oil Regulation 2017 - Ghana

The upstream petroleum industry in Ghana has been energised in recent years with the commercial discovery of the Jubilee Field in 2007. The Jubilee Field straddles the Deepwater Tano and West Cape Three Points licences some 70km ofshore Ghana and 130km southwest of the port city Takoradi. The Field has estimated recoverable resources of up to 1 billion barrels. 

Getting the Deal Through - Mining 2017 - Ghana

Gold accounts for about 97 per cent of all mineral receipts. Ghana’s gold output declined from 3,192,648 ounces in 2013 to 3,167,755 ounces in 2014, representing a marginal decline of 0.8 per cent (Ghana Chamber of Mines). Ghana’s gold output amounts to 3.5 per cent of global output and Ghana was the 10th leading producer of gold for 2014.

Ghana Law Blog

Ghana is often considered a gateway for trade and investment in West Africa. While agriculture still provides employment for more than half of Ghanaians and accounts for almost one-quarter of GDP, Ghana’s industrial base is relatively advanced compared to other African countries and its most important service sectors include trade, transport and storage, and real estate. Read more on Investing in Ghana

Mineral right holders are required to procure certain services from companies registered for that purpose with the Minerals Commission. The Minerals Commission is the regulatory authority responsible for the regulation and management of the use of the mineral resources of Ghana and the co-ordination ofthe policies related thereto. Companies registered with the Minerals Commission to provide mine support services are known as “mine support service providers”. To read more on this article,

In this newsletter, we review the decision of the International Tribunal for the Law of the Sea (“ITLOS”) in relation to the dispute concerning the delamination of the maritime boundary between Ghana and Côte d’Ivoire in the Atlantic Ocean. Read more on the Implications of the Decision of the International Tribunal for the Law of the Sea 

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Ghana Law News

Intellectual property can be an income generating corporate asset. By protecting a company’s intellectual property, the company is vested with rights to exploit or commercialize the intellectual property to generate revenue. Revenue may be generated by licensing the intellectual property for fees, building an industry around the protected intellectual property and enjoying the exclusivity of exploitation or industry control for the term of the rights afforded the intellectual property. Read more on Patent Protection in Ghana

The Africa TMT sector continues to grow. Recent market activity and legal developments are summarised below. These demonstrate a focus in the region on increasing access to communications services (including through investment in infrastructure) and mobile money. Read more on the Africa TMT briefing

The income tax laws of Ghana have been revised and consolidated into one tax code, the Income Tax Act, 2015 (Act 896) as amended (the ITA).

The ITA came into force on 1 January 2016. It has widened the tax base by making Ghana’s income tax rules applicable to the world-wide income of tax-resident companies, and restricting the utilization of capital allowance with respect to depreciating assets to the year to which the allowance relates. Any part of that capital allowance that is not utilized within the year is written off. Previously, the scope of application of income tax rules was limited to income accruing from a source in Ghana, and any part of capital allowance that was not utilised could be carried over for up to five years.

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