Ghana: Oxford Business Group, Koranteng & Koranteng Legal Advisors partner to examine Ghana’s legal-economic landscape

By InstinctBusiness Dec 15, 2023 0

Oxford Business Group (OBG) and Koranteng & Koranteng Legal Advisors have established a strategic collaboration to provide a comprehensive overview of Ghana’s legal framework in The Report: Ghana 2024.

This partnership underscores a collaborative effort to furnish investors, policymakers, and businesses with crucial insights into the evolving legal landscape of Ghana.

Ghana has encountered economic challenges stemming from pre-existing imbalances and external shocks, affecting the post-COVID-19 economic recovery. The response has involved initiatives like front-loaded fiscal consolidation, tighter monetary policies, and structural reforms in critical areas such as tax policy, revenue administration, and public financial management. Concurrently, there are ongoing efforts to tackle vulnerabilities in sectors like energy and cocoa, with the goal of restoring macroeconomic stability.

Koranteng & Koranteng Legal Advisors played a key role in renegotiating power purchase agreements and restructuring debts owed to Independent Power Producers (IPPs) on behalf of the Ministry of Finance.

The forthcoming report aims to illuminate crucial facets of Ghana’s legal landscape. It will provide an in-depth analysis of the country’s existing legal frameworks, covering corporate law, labor regulations, foreign investment policies, property laws, and other essential aspects.

Afua Adubea Koranteng, Managing Partner at Koranteng & Koranteng Legal Advisors, expressed their support in the nation’s efforts to attract investments and enhance understanding among global stakeholders through this partnership with OBG.

“Through meticulous examination and analysis, The Report: Ghana 2024 aims to elucidate not just the existing legal structures but also the evolving trends and pivotal changes shaping Ghana’s legal ecosystem. We aspire for this report to serve as a cornerstone resource, empowering stakeholders with a profound understanding of the legal nuances crucial for navigating Ghana’s dynamic business landscape with confidence and clarity,” she added.

source: citinewsroom.com