Tag Archives: COMPANIES

Dead people still exist as shareholders in companies’ register – Registrar

The Registrar of Companies, Jemima Oware, has indicated that dead people still persist as shareholders and directors of some companies in the country as many companies have failed to update their details and file annual returns. The registrar explained that filing of annual returns simply means updating the company registration …

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INTERPOL arrests three Nigerians for defrauding multinational oil companies in Asia, Middle East

Three Nigerians allegedly involved in global scams have been arrested in Lagos and Edo states, during an INTERPOL-led operation targeting malware cyber fraud across South-East Asia and the Middle East. A statement by Head, Media and Publicity, the Economic and Financial Crimes Commission (EFCC), Wilson Uwujaren, said the operation was …

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NPA sanctions various oil companies

The National Petroleum Authority (NPA) has taken notice of infractions by some Petroleum Service Providers (PSPs) who have engaged in illicit third-party trading of Petroleum products and has accordingly applied and the requisite sanctions. A statement from the Corporate Affairs Department of NPA listed the affected companies and accompanying sanctions …

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ECG takes on two companies for engaging in power theft

Two companies, Samnort Company Limited and Concrete Jungle Coffee Club and Wellness, have been caught in ECG’s web for illegal meter bypass (illegal connection) and have since been disconnected and will be handed over to the police in the coming days. Samnort, a sachet water producing company, owes about GH¢62,000, …

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EOCO alert! These two companies are ponzi schemes

The Economic and Organised Crime Office (EOCO) is cautioning the general public to desist from investing and patronising services of Royal Gardens Network and Hubtel Mobile Money Lending. According to the state’s organised crime-combatting agency, its checks have established that the two firms are registered neither with the Bank of …

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GUTA to export products of 1D1F companies

The Ghana Union of Traders Association (GUTA) says it has positioned itself to support Ghanaian manufacturing companies to export their products to countries they import from. This is to support the Government’s One District-One Factory (1D1F) initiative, promote Ghanaian products, help in shoring up the country’s foreign exchange and address …

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Registrar-General’s Department to strike-off Companies in default after end of validation

The Registrar-General’s Department (RGD) says it will strike off dormant and default companies after the end of its validation of dormant companies at end of September, 2021. It said the exercise was to validate dormant companies, which adhered to the directive of the Registrar of Companies to file their annual …

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Facebook warns growth set to slow ‘significantly’

Facebook has warned that it expects revenue growth to slow down “significantly” in the second half of 2021. The tech giant saw revenue rise to $29bn (£21bn) in the three months to 30 June, up from $18.69bn last year. But it said that sales would slow “as we lap periods of increasingly …

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Kennedy Agyapong to release a list of 24 galamsey companies owned by NPP, NDC bigwigs

Kennedy Agyapong, the Member of Parliament for Assin Central has promised to publish a list of twenty-four illegal mining companies owned by leading figures of the governing New Patriotic Party and the National Democratic Congress. According to him, these politicians are using their influence to undermine the government’s fight against …

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We’ll enhance incentive framework for 1D1F companies – Akufo-Addo

President Akufo-Addo has assured companies and enterprises operating under his administration’s flagship program, “One District, One Factory” (1D1F), that government will continue to enhance all existing incentives that are in place to ensure that they remain competitive, productive, and efficient. President Akufo-Addo said the government’s agenda of import substitution, export …

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