Participants at the seminar.

Universal Merchant Bank (UMB) held a seminar for the Indian Business Community on 7th July, 2016 at the Labadi Beach Hotel. The seminar was organized under the theme, “Conquering the Tax Landscape in Ghana.”

In his opening remarks at the seminar, the Chief Executive Officer of UMB, Mr. John Awuah, praised the strong entrepreneurial drive and ambition of the Indian community in Ghana, which has led to the establishment and growth of several outstanding Indian owned businesses. Touching on the theme for the seminar, he said that, “The tax regime in Ghana has seen a number of changes in recent times and it is important for businesses and entrepreneurs to understand how these changes can affect their operations and most importantly how they can navigate the tax landscape.”

The key note presentation was delivered by renowned tax expert, Mr. Abdallah Ali -Nakyea, Managing Partner of Ali – Nakyea and Associates. He took participants through some of the recent changes in the tax regime in Ghana and outlined several key features that benefit entrepreneurs and businesses.

The heads of various business units within UMB also introduced participants to the bank’s impressive portfolio of products and services. Mrs. Nelly Abotchie, UMB’s Director of Corporate Banking, spoke about the bank’s proposition for corporate entities while Mr. Kevin Adarkwah, UMB’s Director of Treasury outlined the various treasury products and services that UMB offers. Other unit heads who spoke at the event included Mr. Ernest Tetteh, UMB’s Head of Business Banking, Mr. Jeffrey Odame – Yeboah, UMB’s Head of Personal Banking and Mrs. Elizabeth Naami Grant, UMB’s Head of Private Banking.