sharing in governance of extractive industries
The government of Ghana has neglected the tourism industry in the country and a lot of attention has been given to the oil industry. If the tourism in the country is repackage we can generate so much…Continue
Wrtten by: Alhassan Atta-Quayson, Third World Network Africa.
Ghanas 2012 National Budget Statement and Economic Policy proposed, among others, to bring the following changes to mining operations in the country: increase corporate tax rate from 25% to 35%; install a windfall tax of 10%; and implement a uniform regime for capital allowance of 20% for five years. It also sought to review the principle of ring-fencing to prevent companies undertaking a…Continue
Tourism plays a very significant role in poverty alleviation through income generation, employment and infrastructural development for the local communities where tourist attractions are located and generate revenue for the government.
Globally, there is now a demand for better quality product when it comes to tourism. Ghana as a country has many breathtaking tourist attractions as a result of it natural resource endowments and also rich…Continue