Ghana bets on tax breaks to attract global filmmakers
GHANA'S move to introduce tax incentives for film productions marks a significant step in its quest to become a global film and content creation hub. By offering incentives to filmmakers, Ghana hopes to attract more global productions and carve out a niche for itself as a favourable shooting location on the continent, potentially reshaping its burgeoning film sector. A 20% tax rebate and other fiscal incentives, such as import duty exemptions on film production equipment, were revealed during President Nana Akufo-Addo's State of the Nation address at the country’s parliament in February 2024. “This should provide another tangible reason for…