Business

AfDB debars Beza Consulting Engineers PLC for 15 months for fraudulent practices

At the expiry of the debarment period, Mr Gidey Gebrezgabher Gebremariam will only be eligible to re...

MTN Mobile Money Limited collaborates with EOCO to fight organised crime

As part of efforts to stay ahead of financial and organised crime, the Economic and Organised Crime ...

Bank fined £5.4m after energy traders used WhatsApp

Regulator Ofgem said the bank breached rules requiring firms to record messages linked to energy tra...

New BoG Head Office: 'No procurement laws were broken'- Governor

Dr Addison again maintained that the project has thus been going on for over 3 years even before the...

Data Protection Commission kicks off enforcement action on Data Protection Act (Act 843)

“The enforcement exercise may involve arrests of ultimate decision makers/ heads of institutions who...

First office complex for the ORC inaugurated in Kumasi

The three-story facility, with a total of 34 offices will serve areas in the Ashanti, Western, Oti, ...

ORC extends deadline for filing of Annual Returns and Renewals

The extension of the deadline is to make up for downtimes experienced on the ORC's software applicat...

BoG suspends forex licences of Fidelity Bank, FNB Ghana

The two banks have been additionally fined 1000 penalty points each...

Prof Ken Attafuah wins Outstanding Public Service CEO Award

The NIA CEO won this award in recognition of his sterling leadership in the provision of a robust ul...

Staff involvement in fraud at financial institutions saw marginal reduction in 2022 - BoG report

The fraud cases involving staff decreased to 188 in 2022, as compared to 278 in 2021....

BoG cautions against 97 unlicensed loan providers

The activities of the entities are in contravention of the Banks and Specialised Deposit-Taking Inst...

NPA to prosecute crimes in oil supply chain

This was made known by the Legal Manager of the NPA, Farida Ali-Musah at a media engagement in Cape ...

Property Rate: No person exempted unless: GRA declares as it commences collection

This caution comes in the wake of the commencement of the collection of payment of the Property rate...

Petro SA deal: 29 CSOs want Freddy Blay, GNPC CEO removed

The CSOs have accused the two men of working against the nation's interest by seeking to sell 50% of...

ORC prepares to implement legal provisions on shareholders' unclaimed dividends

The phenomenon of unclaimed dividends is one of the new introductions in the Companies Act 2019 (Act...

Insolvency practitioners should be made to assist ailing State-Owned Enterprises – Attorney General

“I will recommend to the government that IPs should be invited by ailing state-owned enterprises to ...

Legal considerations to have in mind when choosing a company name

There are many legal considerations to keep in mind when choosing a company name, so consult with a ...

AGM relinquishes South Deep Water Tano (SDWT) block

AGM has carried out the substantial activity in Ghana and contributed through drilling two ultra-dee...

Existing Cybersecurity service providers have 6 months to apply for a licence – CSA

The implementation of the licensing and accreditation of Cybersecurity Service Providers and other p...

2 CSOs threaten legal action against MoFA over US pork imports

Two of such stakeholder civil society organisations (CSOs) – the Chamber of Agribusiness Ghana (CAG)...

Default in Annual Renewals: ORC begins deletion of 500,000 lapsed Business Names

The exercise is in line with Section 5 A (2) of the Registration of Business Names Act, 1962, (Act 1...

11-member Independent Tax Appeals Board inaugurated

The ITAB as one of the mandates, would hear and determine appeals against the Commission-General of ...

Petro XP, Finest Oil, 2 others fined GH¢595, 000 for various infractions

According to a release by the Corporate Affairs Directorate of the NPA, Finest Oil would pay GH¢160,...

ORC to fully enforce administrative penalties over non-compliance with Companies Act, 2019 from June 2023

The ORC says it would “for the very first time be fully implementing section 126(7) of the Companies...

Transfer of majority shares from Vodafone to Telecel Group: NCA gives conditional approval

This decision was taken pursuant to the Authority’s evaluation of the revised proposal from the Tele...