Ghana, Côte d’Ivoire to begin joint 330KV power line project
Ghana and Côte d’Ivoire are set to commence the construction of a 330-kilovolt (kV) double-circuit transmission line as part of the West Africa Power Pool (WAPP) initiative. The 243-kilometre cross-border project is designed to boost electricity exchange between the two countries and enhance grid stability across the wider West African region. Feasibility studies have confirmed […]
GRA imposes 15% VAT on non-life insurance premiums starting July 1
The Ghana Revenue Authority (GRA) has announced a 15% Value Added Tax (VAT) on non-life insurance premiums, effective July 1, 2025. The new tax will apply to policies covering areas such as property, health, and travel—but notably, motor insurance will remain exempt. The policy, which forms part of measures outlined in the 2025 national budget, is expected […]
GIPC to sanction businesses failing to register Technology Transfer Agreements
The Ghana Investment Promotion Centre (GIPC) has signaled a tougher stance on non-compliance with Technology Transfer Agreement (TTA) regulations, warning of impending sanctions against banks and businesses that fail to register such agreements with the Centre. Technology Transfer Agreements are agreements between a company in Ghana (Transferee) and a company outside Ghana (Transferor) for the […]