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He emphasized the importance of lawyers participating in an interconnected global community, capable of addressing modern disputes, many of which involve cross-border issues due to the growing effects of globalization and the need for more...
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Speaking at the International Bar Association’s annual conference in Mexico City, Dame expressed concern over the potential for abuse within the arbitration system due to the secrecy and finality of proceedings.
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According to the BoG’s Annual Credit Reporting Activity Report, a total of 53,522 dud cheques were submitted by banks and specialized deposit-taking institutions (SDIs), up from 43,457 in 2022.
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The figure includes about 321,000 unregistered or unlicenced traditional medicine practitioners and over 200,000 complementary alternative medical practitioners.
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According to the 2023 Banks, SDIs, and PSPs Fraud Report, this is a worrying trend thus warranting a call by the Bank of Ghana for banks to strengthen their internal control mechanisms.
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This would add to the 14 agreements that are currently active in the country.
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The awards were presented to leaders of government Ministries, Departments, and Agencies that have effectively provided logistical support and strengthened the capacity of their internal audit units.
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The President of GUTA, Dr Obeng has thus urged President Nana Addo Dankwa Akufo-Addo to delay signing the law until those concerns are addressed.
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GRA Commissioner General Julie Essiam highlighted the challenges posed by the current Value Added Tax (VAT) structure, which she says complicates compliance for both individuals and businesses.
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According to her, this aligns with the Medium-Term Revenue Strategy laid out by the ministry.
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