General
ECG paid more than GH¢182m to Cenit Energy in 2018
The Audit Report noted that during the audit, 16 Special Load Tariff Companies in the Region had not paid their debts amounting to GH¢27,857,498.59.
DL News
Results for "Public Financial Management Act"
5523 results.
General
Enhancing Ghana’s ADR Framework: Aligning Arbitration with International Best Practices
This article focuses primarily on arbitration, examines the alignment of the Arbitration section of Ghana’s ADR Act with international standards and explores potential reforms to enhance Ghana’s arbitration landscape, making it more efficie...
Prince Kojo Tabiri ACIArb & Godwin Selasi Owusu ACIArb
Business
Execution of shares in Ghana: A Practitioner’s Guide
. The constitution must also specifically prohibit the separation of the legal and equitable interests in shares and by so doing out rightly prohibit the acquisition of any interest once there is a total disregard and non-compliance with th...
DL News
Others
Beyond Compliance: Why Trust Is the True Measure of Good Governance
Good governance is not measured by the number of policies an institution adopts, but by the confidence it inspires in those it serves.
Eric Ofori Kwaah, Esq., MCIM, ACIArb, MIoD
Business
Procurement breaches amounting to over GHȻ 8 million uncovered at GPHA-2020 Auditor General’s repor
According to the report, the Management of the GPHA failed to provide the Auditor General’s office with documents for seven transactions during its review.
DL News
Others
Trading Under The Diplomatic Shield: Reconstructing The Commercial Activity Exception To Diplomatic Immunity
This article examines the tension between diplomatic immunity and private commercial accountability under Ghanaian law. It argues that Ghana reflects the restrictive doctrine of sovereign immunity, especially through the commercial activity...
DL News
General
How to use key management information to help your law firm grow
Key Management Information encompasses a wide range of data, from simple metrics like the number of clients onboarded and last month’s revenue to more complex analytics that provide insights into business development, market trends, and oth...
Legal Futures
Others
Influencers in Australia risk jail for breaking finance tips rules
The Australian Securities and Investments Commission (ASIC) says they may need a licence to give such advice.
BBC
General
Auditor General’s report: GNPC breached public procurement law
GNPC signed and awarded five international business contracts between 2015 to 2018 without the necessary parliamentary approval.
DL News
Courts
High Court’s full ruling on NAM 1's submission of No Case
The court, presided over by Dr. Ernest Owusu-Dapaa JA held that it was convinced that a prima facie case had been made against the accused persons.
DL News
Business
BoG prohibits banks from photocopying Ghana Cards for banking transactions
This directive aligns with the National Identity Register Regulations, 2012 (L.I. 2111), which emphasize biometric verification as the gold standard for secure transactions.
DL News
Africa
The Hidden Costs of Being a Lawyer – How to Cut Unnecessary Expenses and Maximize Profit
From unnecessary office expenses to excessive networking costs, these financial leaks can cripple your profit margins and prevent long-term wealth building.
Chinelo Audrey Ofoegbunam, Esq, ACIARb (UK), ACArb, AICMC, ACIS
Business
BoG moves to regulate AI use in Ghana’s financial sector
Speaking at the 43rd Annual General Meeting of the Ghana Association of Banks in Accra, Dr Asiama said artificial intelligence could significantly improve areas such as credit assessment, fraud detection, customer service, risk management a...
DL News
General
Why Ghana’s “Auditor General Reports” Risk Becoming Circus Shows: Bright Simons
The sense that powerful people, especially those at the apex of the political system, are not exempt from the reach of public audits is the only way to restore confidence in the usefulness of these exercises.
DL News
General
UCC loses GH¢9,123,532.57 to micro finance– Audit Report
The audit has recommended that Management should pursue recovery of their investments from the receivers of First Banc and Gold Coast Fund Management through the Security and Exchange Commission.
DL News
Business
Ghana card to be sole ID for all financial transactions-BoG
In a notice signed by the Secretary to the Central Bank, Ms. Sandra Thompson, entreated all financial institutions to take steps to update customer records with the Ghana Card in line with Section 30 of the Anti-Money Laundering Act, 2020 (...
DLN
Others
The principle of quicquid plantatur solo, solo cedit
This article argues that the maxim quicquid plantatur solo, solo cedit has increasingly been relied upon by litigants as a shield to establish claims of possession through physical acts upon land, thereby exposing potential purchasers who f...
ENK Danquah-Acheampong, LLM, BL, LL.B. Lawyer | Legal Researcher | Author
General
Chief Justice urges Judicial Service staff, management to work together
He said the effective administration of justice depends not only on judges, but also on the commitment, professionalism and cooperation of all staff within the Service.
DL News
Supreme Court News
NDKs claim of 1.2bn thrown out by the Supreme Court
The Supreme Court ruled that the Government will not have to pay the GHS 1.2bn judgment debt application filed by NDK Financial Services
DL News
General
New Land Act will deal with challenges – Justice Adjei
A Justice of the Court of Appeal, Justice Sir Dennis Dominic Adjei, has said the new Land Act, 2020 (Act 1036), offers the country the best opportunity to deal with the myriad of challenges affecting land acquisition and administration.
DL News