Results for "GN Savings and Loans"
10237 results.
Courts
Court of Appeal orders restoration of GN Savings and Loans licence
A three-member panel of the court quashed the earlier High Court ruling which had upheld the Bank of Ghana’s revocation of the company’s licence.
DL News
General
CASE STUDY: INSOLVENCY AND CORPORATE RESTRUCTURING OF THE BANKS IN GHANA
Between the years 2017 and 2019, Ghana’s banking sector underwent an unprecedented period of reform which was prompted by widespread regulatory breaches, poor governance, undercapitalization, and unsustainable lending practices.
Ama Anima Konadu
General
Full text: Report of OSP on contractual arrangements involving Finance Ministry, GRA and SML
This report is founded on sections 2 and 3 of the Office of the Special Prosecutor Act, 2017 (Act 959) and regulation 31(1)(g) of the Office of the Special Prosecutor (Operations) Regulations, 2018 (L.I. 2374).
DL News
Business
Stay application by GN Savings' receiver struck out
The motion, filed by the Receiver, was intended to stay execution of an earlier decision of the Court of Appeal which quashed the 2019 revocation of the company’s operating licence.
DL News
Business
High Court reverses BoG’s revocation of Ideal Finance operating licence
The court found that BoG failed to follow due legal procedures before stripping Ideal Finance of its license, rendering the revocation unlawful.
DL News
Business
BoG's revocation of UniCredit license was proper-Supreme Court
This judgment by the apex court thus affirms an earlier one by the High Court which cleared the Central Bank of any wrongdoing in the action.
DL News
Business
Court of Appeal reverses revocation of UniCredit’s operating license
The Central Bank’s revocation of UniCredit’s license was contained in an August 16, 2019 Statement which noted that the revocation had become necessary because the Financial Institutions including UniCredit, had become insolvent.
DL News
Business
BoG urges public to save with licensed financial institutions
In a recent notice aimed at promoting financial literacy, the Central Bank stressed the importance of building a consistent savings habit, noting that it is never too early—or too late—to start.
DL News
General
SONA 2024: Full Speech by President Akufo Addo
The address, mandated by Article 67 of the 1992 Constitution, was delivered by the President in the Chamber of Parliament on Tuesday, 27th February, 2024
DL News
Business
Government to enact new Loans Act to control borrowing
The proposed legislation, to be known as the Loans Act, was announced by Finance Minister Dr Cassiel Ato Forson shortly after Ghana completed its 11th bilateral debt restructuring agreement, this time with EXIM India.
DL News
Business
BoG cautions against 97 unlicensed loan providers
The activities of the entities are in contravention of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930); BoG said in a statement dated June 14, 2023.
DL News
Africa
Isabel dos Santos: Angolan billionaire hit with £580m asset freeze
Isabel dos Santos, the daughter of a former president, is being sued by telecoms firm Unitel.
BBC
General
Students Loan Trust joins Credit Reporting System
The GhanaCard is synchronised with all other cards, so now we have access to more database that we can track the student from.
DL News
Africa
Tinubu signs law on interest-free student loans
Local students in tertiary institutions such as universities, colleges and polytechnics will now be able to easily get interest-free loans from the Nigerian Education Loan Fund to cover tuition fees
BBC
Others
THE LAW 101:Arresting an MP: Immunity, Impunity or a Constitutional Shield for Parliament?
Does an MP have immunity from arrest? Must the Speaker first give permission before an MP can be arrested? Can an MP be arrested without a warrant? And even where there is a lawful power of arrest, was that power lawfully exercised in this...
Samson Lardy Anyenini
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