Ghana's economy is fertile ground for investors - high rewards and medium to high risk. Multinationals have been investing in our country since the days of independence and earlier, with many others joining each year. Financial reporting Due to commercial requirements of group reporting, multinationals usually find it more convenient to prepare their financial statements in the reporting currency of their parent companies which invariably tends to be the US Dollar, the Euro o
“A world with a sudden limit on air travel would be tremendously different from the one we live in now” – Charles C. Mann, Author. Africa’s aviation industry plays an important role in its journey to sustainable development and economic growth. Ease of travel facilitates trade and tourism with positive effects on job creation, government tax revenues and living standards. Air transport alone is said to support 6.7 million jobs in Africa and contribute US$67.8 billion to Afric
Africa Unite! This was the cry of Bob Marley and his band, The Wailers, during the Zimbabwean Independence Celebrations some 35 years ago. Africa Unite is a mantra that has been echoed by countless African leaders, organisations and human rights activists over the years, however the questions to be asked are: What is the extent of our unity as Africans? Does it extend beyond culture, politics, languages and ideologies? Despite our numerous differences, African countries surpr
An overview of tax treaties Today's business environment is one characterised by globalisation, regional trade blocs, integration and trade liberalisation. It is now commonplace to find businesses and individuals operating across borders – for example: A US registered business operating an assembly plant in China and running distribution outlets in Ghana; A Cuban medical practitioner with a permanent home in Cuba but providing medical services in Liberia or elsewhere. Truly,
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