Over 98 contracts worth more than US$389million which were awarded by Aker Energy, AGM, Eni, GOSCO and Springfield from the last quarter of 2019 to the first quarter of 2020 in the upstream sector were cancelled due to the COVID 19 pandemic.
The cancellation of these contracts such as the...
Ghana confirmed its first two COVID-19 cases on March 12, 2020, imports from Norway and Turkey. Africa has since recorded over 1.5 million cases and counting. In terms of infections and deaths, we have fared better than most other regions.
Perhaps this is because of our youthful population, the natural...
Consolidated Bank Ghana (CBG) has launched its campaign as part of its second anniversary activities to reward customers and prospective customers who have supported deprived communities, institutions, groups, families, and individuals during the COVID-19 crisis.
The three-month campaign dubbed ‘We Stand With You’ which is starting this month (October) is a weekly...
As part of the nation's nuclear energy journey, the government, through the Nuclear Power Ghana (NPG), has procured three Seismic Monitoring Equipment to install at the nation’s four probable site for the establishment of the first nuclear plant, which would be the biggest energy investment since the building of...
The engagement of an auditor and his work generally have fundamentally inherent risks. These risks are well known within the accounting profession, and over the years accounting and audit regulatory bodies have explored mechanisms to mitigate these known risks. Auditor independence is at the heart of risk mitigation mechanisms,...
Dr. Serebuor (not his real name) has been appointed as a director of one of the licensed Specialised Deposit Taking Institutions regulated by Bank of Ghana. In his case, it is a multinational bank reporting to dual regulators, and by extension, operates in a relatively strong corporate governance environment.
He...
Prudential Life Insurance Ghana (PLIG) has recorded outstanding growth and chalked several successes from its entry into the Ghanaian life insurance services sector in 2014 till date making it a force to be reckoned with in the industry.
Prudential Life is a wholly owned subsidiary of Prudential Plc, with operations...
Customary law constitutes a large body of knowledge in legal studies. Of particular note are the pioneering works of Sarbah, Ollennu and Josiah-Aryeh. While Sarbah’s work dwells mostly on the Akan customary practices of inheritance, Ollennu steadily made a balance of the colonial and traditional systems administration.
In his work...
To mark International Day of the Girl, Plan International – Ghana, a development and humanitarian organisation that advances children's rights and equality for girls, has launched the “FreeToBeOnline” campaign to protect girls from online abuse and harassment.
The campaign seeks to create awareness on online safety and abuse as well...
The Securities and Exchange Commission (SEC) has issued new capital requirements for market operators in the Ghanaian Capital Market Industry.
A press statement by the SEC explained that the new directive is in accordance with Section 209 of the Securities Industry Act 2016, (Act 929).
According to the commission, the move...