News Headlines

GIPC Calls for Reforms in Agric Sector to Improve Investments

Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC) Yofi Grant is calling for reforms in the Agric sector to help improve investment in the sector.

He said, ‘‘we need to work harder at improving the value chain in agriculture. More scientific methods should be adopted to improve production processes and increase yields. There is a huge market out there for organic products we can take advantage of that top improve foreign exchange earnings.’’ 

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Is there a difference between a short-term permit and an expatriate quota?

YES.

The term work permit is used synonymously with a short-term permit. Short-term permits can be applied for and given for specific periods of time, normally not exceeding five years (5 years) at a time. They are not renewable, extendable or transferable. Applicants must apply for exact and specific duration desired with justification.

Expatriate quotas on the other hand, once given are for an indefinite period, i.e. for as long as the investor needs to keep such workers in Ghana to facilitate his business. This is tied to the investor’s paid-up capital.

Ghana Investment Promotion Centre (GIPC) Leads an Investment Mission to South

The Ghana Investment Promotion Centre (GIPC) in partnership with the Ghana South Africa Business Chamber and the South Africa High Commission, Accra is leading a trade and investment promotion mission to the Republic of South Africa.

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GIPC engages Economic, Trade and Commercial Counselors on Ghana’s Investment Environment

The Ghana Investment Promotion Centre organized the 2018 Edition of the Economic Counsellors Dialogue on the 17th of May 2018.

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The New Phase of Ghana’s Taxation System – The Tax Identification Number (TIN)

A tax is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, or evasion of or resistance to taxation, is punishable by law.

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