How to Overcome your Tax Compliance Issues
GroConsult helps businesses in Ghana and Africa overcome several key challenges with its tax compliance services: Navigating complex tax regulations: GroConsult’s experts stay up-to-date with the ever-changing tax laws and regulations in Ghana, simplifying the complexities for businesses. They break down intricate tax rules into easily understandable terms, enabling effective compliance. Ensuring accurate and timely […]
UK Businesses Warn Starmer Against Raising Employer Payroll Tax
(Bloomberg) — UK business groups warned the country’s new Labour government against raising a key tax on employers after Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves both signaled a hike is being considered at the budget later this month. Executives on Tuesday warned that raising the payroll tax — known as […]
Petroleum products dominate imports in Q2 — Gold leads exports
Ghana’s import market continues to be dominated by refined petroleum products, with gas oil and motor spirit super accounting for a quarter of the total import bill in the second quarter of the year. Out of the country’s total import bill of GH¢58.8, gas oil accounted for GH¢7.3 billion, with motor spirit super accounting for […]
ATAF, ACBF Forge Strategic Partnership to Elevate Africa’s Tax Systems
In a significant development for Africa’s economic future, the African Capacity Building Foundation (ACBF), the leading institution for capacity development in Africa, and the African Tax Administration Forum (ATAF), the continent’s premier authority in tax matters, have signed a Memorandum of Understanding (MoU). This MoU marks a critical step towards strengthening Africa’s tax systems by […]
AUC, GABI strengthen ties to advance trade, investment in Africa
The African Union Commission (AUC) and the Global Africa Business Initiative (GABI), an initiative of the United Nations (UN) Global Compact, have renewed their commitment to advancing development across the African continent. This follows the signing of letters of intent, marking a significant step towards strengthening the bond and realising the mutual goals of the two institutions. […]
Ghana breaks ground on first $12-billion phase of downstream petroleum hub
Ghana’s state-owned Petroleum Hub Development Corp. and a consortium of private-sector partners have broken ground on the first phase of the subregion’s first integrated downstream petroleum hub. Ghana’s state-owned Petroleum Hub Development Corp. (PHDC) and a consortium of private-sector partners have formally broken ground on the previously announced first phase of the West African subregion’s […]
EU Stepping-up Trade, Investments in West Africa
The European Union (EU) is taking steps to enhance its trade and investment engagement with West Africa (WA) countries, a high placed source at the Union told the Ghana News Agency (GNA). The source said the move was of a high priority for the EU explaining that the region had some of the heaviest economies with Nigeria being the biggest on the continent, followed by Ghana and Ivory Coast. Speaking […]
Africa’s Outsourcing Boom: Young Talent Fuels Industry Growth
Africa is forecast to create 1.5 million new BPO jobs over the next six years, with South Africa, Kenya, and Egypt poised to benefit. The business process outsourcing (BPO) sector in Africa – currently employing 1.2 million full-time equivalents across more than 400 contact centres handling international outsourcing contracts – is set for exponential growth. […]
Dig Deep to Aim High: How to use Mining to Unlock Mauritania’s Potential
These are exciting times in Mauritania. This nation connecting West and North Africa is transforming its economy through mining, green hydrogen, and natural gas. During the campaign for presidential elections, held on June 29, President Ould Ghazouani announced he would scale up the mining industry if re-elected. Here is the African Development Bank’s take on […]
GroConsult Crowned as Consulting Firm of the Year at the 10th Edition of the Business Executive Excellence Awards 2024
We are thrilled to announce that GroConsult Management Consortium has been named the Consulting Firm of the Year at the prestigious 10th Business Executive Excellence Awards 2024. This remarkable achievement is a testament to our unwavering commitment to delivering exceptional services and driving the success of our clients across Africa. The Business Executive Excellence Awards, […]