In August 2017, UT Bank Ltd and Capital Bank’s take-over by GCB Bank, heralded the beginning of the infamous Ghanaian banking crisis. This was followed by further insolvencies in the banking and fin...
The Minerals and Mining (General)Regulations, 2012 (L.I. 2173) and theMinerals and Mining (Local Contentand Local Participation) Regulations, 2020(L.I. 2431), amongst others, require holders ofmineral...
The Supreme Court decision in Dalex Finance and Leasing Company v Ebenezer Amanor has examined the circumstances under which an act of an officer of a company constitutes a binding act of the company....
Payment systems technology is fast gaining momentum in Ghana and the Bank of Ghana (“BoG”)’s efforts at ensuring the development of the financial technology (“Fintech”) industry have culmina...
In a digitally advancing world where companies can conclude transactions virtually without any in-person interaction, fraudulent activities have undermined confidence in digital authenticity. How does...
Ghana is the fastest growing mobile money market in Africa, increasingly evolving from being a cash-based society to a digital one. The financial technology (“fintech”) market has developed expon...
On 23rd December, 2020, the Land Act, 2020 (Act 1036) (the “Act”) became effective in Ghana. The Act revises and consolidates previous enactments1 on land into a single law, and is the manif...
The Minerals and Mining industry in Ghana is the latest member of the extractive sector to issue consolidated and dedicated local content and local participation regulations for the sector. The Miner...
On 22 February, 2021, the Registrar- General’s Department (“RGD”) issued a public notice advising that it had modified its systems and processes to align with the new requirements of the Compani...
On the 19th of December, 2017 the Energy Commission of Ghana("the Energy Commission" or "the Commission"), the regulator of the energy sector in Ghana,issued a public notice warning that the sale ...
On Monday, 14th August, 2017, the Bank of Ghana ("BoG") issued an announcement confirming that it had approved a Purchase and Assumption transaction whereby GCB Bank Limited ("GCB") would take ove...
The Bank of Ghana has responsibility for the supervision and regulation of all deposit-taking business in Ghana. This supervisory mandate is derived from the Bank of Ghana Act, 2002 (Act 612) and the ...