Unpacking potential liability and costs of doing business in Africa arising from e-waste
A LEX Africa webinar on Environmental, Social and Governance (ESG) issues on the continent. Natalie Scott, director of Werksmans Attorneys, the LEX Africa member firm for South Africa, moderated the webinar and introduced the speakers from other LEX Africa member firms, namely Seyram Dzikunu, a partner at Ghanaian firm Bentsi-Enchill, Letsa & Ankomah, Hend El […]
Securities and Exchange Commission Issues Guidelines to Govern Self-Regulatory Organisations in the Securities Industry
Article compiled by Jonathan Amable, Senior Associate and Aniela Allotey, Associate at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah The Securities and Exchange Commission (SEC) has issued the Securities Industry (Self-Regulatory Organisations) Guidelines, 2022 (SEC/GUI/005/02/2023) (the SRO Guidelines) to regulate the recognition, governance and business operations of self-regulatory organisations (SROs) in the securities industry. The […]
Securities and Exchange Commission issues guidelines to regulate the Registration of Securities issued to the public
Article compiled by Jonathan Amable, Senior Associate and Aniela Allotey, Associate at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah The Securities and Exchange Commission (SEC) has issued guidelines to regulate the registration of securities issued by public companies, closed-end collective investment schemes, statutory bodies, local government authorities and any other entity which issues securities to […]
Key Changes Under the Income Tax (Amendment) Act, 2023 (Act 1094)
Article compiled by Jonathan Amable, Senior Associate at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah The Income Tax (Amendment) Act, 2023 (Act 1094) (the Income Tax Amendment) was enacted on 31 March 2023 and became effective on 3 April 2023, following presidential assent and its publication in the gazette. The purpose of this update is […]
The Foreign Investor Loses It All: A Cautionary Tale to Multinational Corporations?
Article compiled by: Ace Ankomah, Senior Partner and Kobby Yeboah, Associate at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah The Supreme Court of Ghana (Supreme Court) has on several occasions held that international business or economic transactions (IBET(s)) involving the Government of Ghana (Government) that are implemented without approval by the Parliament of Ghana (Parliament) […]
Technology Media & Telecommunications in Africa update
This e-bulletin highlights key legislative and regulatory developments in the technology, media and telecommunications sectors in sub-saharan Africa. This issue covers the period 16 April 2023 to 15 July 2023 and includes developments from Eswatini, Ethiopia, Ghana, Kenya, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Seychelles, Tanzania, Uganda, Zambia and Zimbabwe. eSwatini Notice […]
Local content requirements in Ghana’s power sector
Article compiled by Akua Afriyie Badu, Associate at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah Ghana’s power sector has experienced rapid growth in the last decade. According to the Energy Commission, total electricity generation almost doubled from 11.2 GWh in 2011 to 22.1 GWh in 2021, representing an annual average growth rate of 7%.[1] In […]
Regulatory Update: An assessment of the enforceability of netting provisions in Ghana
Article compiled by Seth Asante, Head of Financial Institutions and Capital Markets, Sophie Sena Berdie and Jonathan Amable – Senior Associates at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah. Regulatory Update: An assessment of the enforceability of netting provisions in Ghana Introduction Risk management is the process of identifying and mitigating the threats to an […]
Regulation of Foreign Insurers and Reinsurers under Ghana’s Insurance Act, 2021 (Act 1061)
Article compiled by Aniela Allotey, Associate – Financial Institutions & Capital Markets team at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah. Ghana’s insurance industry is regulated under the Insurance Act, 2021 (Act 1061) (the Insurance Act). The National Insurance Commission (the NIC) is responsible for the effective supervision and regulation of the insurance industry in […]
Ghana’s Securities and Exchange Commission issues guidelines to govern the activities of trustees in the securities industry
Article written by Jonathan S.K Amable, Senior Associate and Aniela Allotey, Associate – Financial Institutions & Capital Markets team at Ghanaian member firm Bentsi-Enchill, Letsa & Ankomah. The Securities and Exchange Commission (SEC) has issued guidelines to regulate the licensing and business operations of trustees in the securities industry. The Securities Industry (Note Trustees) Guidelines, […]
