Adwoa E. Paintsil* PART 2: THE OVERVIEW OF THE PAYMENT SERVICE ACT THE PAYMENT SYSTEMS AND SERVICES ACT 2019 (ACT 987) The Payment Systems and Services Act 2019 (Act 987), which repeals the previous Payment Systems Act passed in 2003 (Act 662), was assented to by the President of Ghana on 13th May...
PART 1: DEVELOPMENT OF FINTECH INTRODUCTION On 21st March 2019, Ghana passed the Payment Systems and Services Act 2019 (Act 987), as part of her initiatives to digitise her economy. The 2024 Cash-lite Agenda by the Bank of Ghana is to Foster efficient payments;[1] Improve financial inclusion; and Enhance financial innovations. In an address[2] by...
By Kwabena Frimpong Mensah Esq.* INTRODUCTION Disputes and in effect litigation, are aspects of life that have been in existence since the days of old. The earliest form of a dispute is seen in the Bible in Genesis Chapter 13 versus 5-8 where a dispute arose between Abram and Lot over who should occupy the...
Kwabena Frimpong Mensah Esq. and Enyimnyam Paintsil Esq. 1. INTRODUCTION With the onset of the novel Coronavirus (Covid-19) pandemic[1] across the world, life as we know it has come to a virtual standstill. Every sector of the global economy has been hit, international trade has been stalled and industries crashed; across the world, there is...
Bobby Banson Esq. FCIArb INTRODUCTION Globally, there has been an upsurge of persons being victims of sophisticated crimes perpetrated through the means of the internet. Credit Card frauds, impersonation, hacking into bank accounts are but just a few of the examples of such crimes. This article discusses the possible remedies in existing legal regime in...
The African Free Trade Area Agreement (AfCTAA) created the world's current biggest free trade area. Perceived by the World Bank to boost growth in the Continent, Member States continue to watch as the events unfold.
Enyimnyam Paintsil Esq. On Friday 2ND August 2019, His Excellency Nana Akuffo-Addo, President of the republic of Ghana gave his assent to the new Companies Act, Act 992, replacing the old Companies Act of 1963. The new Companies Act, Act 992 undoubtedly will reform company practice in Ghana. This post highlights key provisions in the...
Ghana by Bobby Banson Kwame Appiah Oduro AINTOINETTE WINNIE ESSILFIE JEDIDIAH Y WILLIAMS AMA ASARE KORANG ADWOA E. O. PAINTSIL & This monograph is up-to-date as of Month and year 2018 Authors The Authors The Authors Bobby Banson Esq, MCIArb Bobby Banson has been described as a very dynamic and result oriented legal practitioner. Having...
Bobby Banson, ESq FCIArb *The Author is the lead Consultant of Smith & Adelaide Law, Unit B804, The Octagon INTRODUCTION Every day, new Companies are registered at the Registrar General’s Department of Ghana. Statics available at the time of writing this paper revealed that as at date, over One million companies have been issued...
Bobby Banson Esq. FCIArb and Enyimnyam Paintsil Esq. 1. INTRODUCTION It is trite that Arbitration Clauses could be included in contracts between non-State entities and also in treaties executed between States. This paper is however only focused on the enforcement of arbitral awards arising from arbitration which is occasioned by an International Investment Treaty...
