Global publishing, research and consultancy firm Oxford Business Group (OBG) has signed a
Memorandum of Understanding (MOU) for the third consecutive year on research
facilities with Deloitte & Touche (Ghana) in preparation for the Group’s
forthcoming project.
Under the MOU, OBG
will have access to the firm’s expertise and research resources which will be
used in the compilation of the Tax Chapter for The Report: Ghana 2013.
The Ghanaian government’s efforts to stabilise the country’s economy and control inflation will be given wide-ranging coverage in a forthcoming report to be published by the OBG.
The Ghanaian government’s efforts to stabilise the country’s economy and control inflation will be given wide-ranging coverage in a forthcoming report to be published by the OBG.
The Report: Ghana 2013 will provide key analysis
of the country’s plans to develop its fledgling oil industry, which include
building a $10m school for petroleum studies. It will chart the major role
earmarked for oil in driving economic growth long term on the back of increased
production at the offshore Jubilee field which reached 110,000 barrels per day
(bpd) in December 2012.
Oxford Business Group (OBG) has signed a
Memorandum of Understanding (MOU) for the third consecutive year on research
facilities with Deloitte & Touche (Ghana) in preparation for the Group’s
forthcoming project.
OBG’s Regional Editor Robert Tashima said Ghana
was set for yet another year of rapid expansion in growth, thanks in large part
to sustained demand for its export-dependent commodities.
The report will act
as a vital guide to the many facets of the country, including its
macroeconomics, infrastructure, banking and other sectoral developments. It
will build on OBG’s 2012 publication, which provides wide-ranging analysis of
Ghana’s economy and is currently available in print or online.
“With a new
administration in place, the test will be to see how successfully Ghana can
channel the current gains it is making from oil, gas, cocoa and gold into
prospects for future growth in the industrial and service sectors,” he said.
“This would help
diversify the economy, buffer it from external volatility and improve job creation.”
Tashima also said he looked forward to working once again with Deloitte & Touche (Ghana), adding that their in-depth knowledge of the country’s tax framework had proved highly useful to investors weighing up Ghana’s opportunities over the past two years.
Felix Nana Sackey, Senior Partner at Deloitte & Touche (Ghana) agreed that commodity prices had buoyed Ghana’s economy. He added that the country also benefitted from a reputation as one of Africa’s most stable democracies.
Tashima also said he looked forward to working once again with Deloitte & Touche (Ghana), adding that their in-depth knowledge of the country’s tax framework had proved highly useful to investors weighing up Ghana’s opportunities over the past two years.
Felix Nana Sackey, Senior Partner at Deloitte & Touche (Ghana) agreed that commodity prices had buoyed Ghana’s economy. He added that the country also benefitted from a reputation as one of Africa’s most stable democracies.
“Ghana has many advantages when it comes to
attracting investors and has worked to enhance its business environment.
Certainly, its efforts to curb inflation, which ended 2012 down at 8.8%, will
prove useful in this regard,” he said.
“I am delighted that Deloitte will once again
play a part in relaying the key aspects of Ghana’s tax law and its implications
to the worldwide business community in Oxford Business Group’s forthcoming
report.”
Oxford Business
Group Oxford Business Group (OBG) is a global publishing, research and
consultancy firm, which publishes economic intelligence on the markets of
Africa, The Middle East, Asia and Latin America.
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