Emilie Bertincourt, country director for Oxford Business Group in Ghana, and Adelaide Benn eh Prempeh , founder and managin g partner, B&P Associates
A global
research and advisory firm, Oxford Business Group (OBG), has announced it will explore the key role that
Ghana’s new Companies Law is expected to play in enhancing the country’s investment environment.
The Report: Ghana 2020
will provide detailed coverage of the legislative overhaul and the benefits
that the government hopes its bid to improve the ease of doing business and
introduce best practices will bring.
Amendments that are set to be
analysed include the removal of the need for companies to state their objects
at the time of incorporation, which will enable them to change their line of
business without having to re-register.
Other topics that OBG’s report will
examine include Ghana’s plans to set up a new, autonomous Office of the
Registrar to oversee the registration and regulation of businesses operating in
the country, and the mandatory rotation requirement for the appointed auditors
of companies.
It will also look at the raft of
measures that the government hopes will reduce waiting times for investors
looking to register a company or reserve a name with the authorities.
B&P
Associates has signed an MoU with OBG for the forthcoming publication. Under
the first-time agreement, the law firm will help to produce the Legal Framework
Chapter of The Report: Ghana 2020 and
other content that will be made available across OBG’s platforms.
Adelaide Benneh Prempeh, founder and managing partner, B&P Associates, said “the
long-awaited Companies Law represents a major milestone for Ghana as it moves
to boost inflows and encourage entrepreneurial activity.”
Welcoming B&P
Associates on board, Emilie Bertincourt, OBG’s country director for Ghana, agreed that these were
exciting times for Ghana, despite the challenges that
the country faced.
“News
that additional measures are being introduced aimed at further enhancing
Ghana’s business climate will sit well with investors, coming on the back of
macroeconomic gains and continued GDP growth,”
she said.
The Report: Ghana 2020 will
mark the
culmination of more than eight months of field research by a team of analysts
from Oxford Business Group. It will be a
vital guide to the many facets of the country, including its macroeconomics,
infrastructure, banking and other sectoral developments.
