A business idea is registrable as a private company on the undertaking of its founder(s) to contribute capital towards the company’s activities in consideration for rights and interests in the company as well as liabilities. Capital contributed (paid up, partly paid, or unpaid) as part of the primary capital raising activity becomes the property (the […]
INTRODUCTION Recently, the World Bank Group and McKinsey & Company have released two leading reports on “the Future of Finance” highlighting the current state, opportunities, risks, and/or challenges of the Financial Technology (Fintech) revolution, disruption, or eruption happening across the world and Africa. These two reports – “Fintech and the Future of Finance” by the […]
INTRODUCTION Private companies are the creation of laws – permitting their legal status, existence, nature of operation and management. In the process, regulatory compliance demands are imposed on companies to facilitate their continuous legal approval and operations. Generally, all private companies are required to perform some regulatory obligations only varying in extent due to the […]
INTRODUCTION Earlier this month, a Ghanaian Financial Technology (Fintech) start-up “Float” was reported to have raised $7million equity and $10million debt during a seed round. This follows a similar seed round of $35million raised by a Ghanaian health tech start-up “mPharma” earlier this year. These successful seed rounds are indicative of a growing start-up ecosystem […]
INTRODUCTION Currencies be it Ghana Cedis, Euro, British Pound, or the US dollar are primarily a medium of exchange for goods and services. Currencies have evolved as a buildup on the prior barter system which was merely an exchange of goods for other goods with no means of assessing the proportionality in the exchange – […]
INTRODUCTION The need to adapt to the ever-changing customer/consumer demands and market realities is driving businesses to be innovative at a never-before-seen pace in order to stay relevant and competitive. This trend is further driven by the roles technology and human ingenuity are playing in finding solutions for the many challenges being witnessed across consumer/customer […]
INTRODUCTION Undoubtedly, the evidence of our living conditions points to one conclusion – we are in difficult times and serious economic crisis. Sadly, there is little hope in the initiatives that can help curb, reduce or mitigate against the rising cost of living driven predominantly by escalating fuel prices and the fast depreciation of the […]
Introduction In immeasurable terms, governments, businesses, families & individuals are coming under immense economic pressure following the global pandemic – Covid-19. In response, governments are leading the charge and implementing bold Covid-19 economic stimulus plans targeted at businesses and families especially the vulnerable. Businesses have also been very swift, changing business strategy, deploying new ways […]
Introduction The position of Directors as the first and residual employees of companies with responsibility for the day-to-day management demands careful and deliberate consideration in their appointments – so as to not only meet the legal requirements but also provide the requisite managerial pool for companies. The provision of funds either as equity or debt […]
Introduction The decision by persons to contribute their resources for the incorporation and promotion of a common business interest or idea is underpinned by expectations, particularly financial. However, such financial expectations are not without limitations in the case of companies. The distinction between the financial concepts of assets, revenue (sales), profit (loss), and dividend is […]
Subscribe to receive updates from us.
Copyright© 2026 Sustineri Attorneys PRUC, All Rights Reserved
