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The Ghana Bar Association (GBA) is a professional association of lawyers in Ghana, including what used to be called solicitors and barristers but they are now called legal practitioners, as well as magistrates.By convention, all lawyers admitted to practice in Ghana become automatic members of the association. [1]
The Ghana Revenue Authority (GRA) is the Ghana administration charged with the task of assessing, collecting and accounting for tax revenue in Ghana. [1] [2]As part of efforts to improve compliance, the Authority is required to assist taxpayers to understand and meet their tax obligations by providing robust and comprehensive advice.
The first Ghanaian to head this ministry is Komla Agbeli Gbedemah who assumed this position in 1954 when the Britain allowed Kwame Nkrumah to form a government prior to gaining full independence in 1957. The Ministry has at various times been designated as Ministry of Finance or as it is currently, the Ministry of Finance and Economic Planning.
Despite an (8.1%) decline in revenue for legal services in 2019-2020, legal services revenue are expected to grow by (1.2%) from 2020-2021. [14] Demand from the following sectors will support the continued growth of the legal services market in Australia: demand from property operators and developers and banking, finance and insurance firms.
Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [28] The country is also the second-largest cocoa producer (after Ivory Coast). [29] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in 2005, but government spending was later allowed to balloon.
Prior to its democratic transition in 1992, Ghana had one-party rule and military rule. [2] The foundations of Ghanaian democracy are rooted in the 1992 Constitution which established an independent Electoral Commission and independent court system. [2] The Economist Intelligence Unit rated Ghana a "flawed democracy" in 2022. [3] [needs update]
The New Patriotic Party, found in 1992, is the successor to the Gold Coast's The Big Six independence achiever party United Gold Coast Convention (UGCC); the People's National Convention, and the Convention People's Party, successor to Kwame Nkrumah's original party of the same name, which was the incumbent government of Ghana for 10 years from ...
Ghana was the world's leading producer of cocoa, boasted a well-developed infrastructure to service trade, and enjoyed a relatively advanced education system. [1] At independence, President Kwame Nkrumah sought to use the apparent stability of the Ghanaian economy as a springboard for economic diversification and expansion. [ 1 ]