This client alert by TEMPLARS Partner, Sarpong Odame, and Senior Associate Kezia Owusu-Ansah offers insights into Ghana’s Contracts (Amendment) Act, 2023, which received presidential assent on 1 March 2024, making it an enforceable law.

This legislation aims to enhance transparency and efficiency in government contracts by specifying authorized signatories and prohibiting the imposition of compound interest on government payments.