Introduction When negotiating international contracts involving the extraction of natural resources, the parties (the Investor and the State) carefully consider their choice of governing law and dispute resolution clauses (arbitration agreements) which are expressly set out in the contract. For example, Article 24 of the Petroleum Agreement between the Government of the Republic of Ghana, Ghana National Petroleum Corporation, Tullow Ghana Limited,...
Following the major overhaul of Ghana’s tax regime in 2015 (i.e. the repeal of the Internal Revenue Act 2000 (Act 592) and the introduction of the Income Tax Act, 2015 (Act 896)), there have been many amendments in the subsequent years. This article focuses on the key tax developments in 2019, which includes amendments to the tax laws in the second half of 2018, which applied through the 2019 assessment year, and amendments in 2019, which are intended to take effect in 2020.
This piece looks back at some of the key employment law decisions given by Ghana’s Supreme Court in 2019. When does redundancy/severance pay arise? The Supreme Court in Atuahene v Ghana Cocoa Marketing Board[1] set out the circumstances under which a redundancy or severance pay becomes payable under Ghanaian law. The main issue in this case was...
Introduction Aviation [1] plays a vital role in facilitating economic growth, global connectivity, business and tourism in developing countries like Ghana. The burgeoning demand for air transport has increased steadily over the years. Statistically1, the number of airline passengers have grown by 45% over the last decade and have more than doubled since the mid-1980s. Additionally, freight...