Many a time you are confronted with a situation where the named members of a company are different from its substantive beneficial owners. Beneficial ownership is one of the inroads of the Companies Act, 2019 (Act 992) (the “Act”). Who then is a Beneficial owner? The...
The Insurance Act, 2021 (Act 1061) has repealed the Insurance Act, 2006 (Act 724). This enactment now serves as the legal instrument for the regulation and supervision of the insurance market.[1] The Act has been welcomed as timely due to the current state of the...
Property can be transferred from one person to another in different ways, one of which is through a trust. Trust is a concept by which one person (called “the trustee”) is nominated by another person (called “the settlor”) to hold the legal title in his...
The Labour Act, 2003 (Act 651) [1] (the “Act”) defines a domestic worker as “a person who is not a member of the family of a person who employs him or her as a househelp”. In effect, a person who is employed to perform domestic...
What is a Patent? A patent is a title granted exclusively to protect an invention within a specific period. What law governs patents in Ghana? The Patents Act, 2003 (Act 657) and Patents Regulations 1996 (L.I. 1616) provide the legal framework for regulating patents in Ghana. What is...
What is a Trademark? The Trademarks Act, 2004 (ACT 664) defines a trademark as any sign or combination of signs capable of distinguishing the goods or services of one undertaking from the goods or services of other undertakings including words such as personal names, letters,...
Ghana has a vibrant and well- regulated corporate governance landscape that is backed by legislations, Regulations and Rules. Insights by Fawzya Medhat Khalil into the Companies Act 2019 (Act 992) as presented at the CCFIG Business Breakfast meeting. Read More...
What is the Purpose of the Real Estate Agency Act, 2020 (Act 1047)? The Real Estate Agency Act, 2020 (Act 1047) (the “Act”) was enacted to regulate real estate agency practice, including the sale, purchase, rental and leasing of real estate.[1]. It also introduces...
The Ghana Enterprises Agency (GEA) Act, 2020, (Act 1043) (the “Act”) has repealed the National Board for Small Scale Industries (NBSSI) Act, 1981, (Act 434) and the Ghanaian Enterprises Development Act, 1975 (NRCD 330).[1] As a foundation to this development, NBSSI, was established as the apex...
The Covid-19 pandemic quickly instilled feelings of bewilderment and all-consuming fear for what would lay ahead. Aside from the health of our people, the health of the economy within which we operate became of great concern. As a law firm leader, my concern extended to issues...