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Companies, Corporate Insolvency and Restructuring in Ghana – The Law and Practice: Volume 1(Companies) -Hardcover
Edited by a retired Justice of the Supreme Court of Ghana and an Associate Editor who is a Senior Partner in one of the leading law firms in Ghana, this book is intended as a practical guide for lawyers and other professionals who advise on corporate affairs in Ghana.
The book can be regarded, in effect, as a sequel to the work undertaken by the Business Law Reform Committee of Experts, set up by the Attorney-General in 2008. Indeed, five contributors to the book were members of that Committee. The Committee was charged with the responsibility of making recommendations for the reform of Ghana’s business laws to ease the doing of business in the country. It decided to concentrate on company law in the first instance. The result of the Committee’s deliberations was the enactment of two important business statutes: The Companies Act, 2019 (Act 992) and the Corporate Insolvency and Restructuring Act, 2020 (Act 1015).
After the enactment of these statutes, some members of the Committee considered that it would be helpful to practitioners of company law and administration in Ghana and investors in Ghanaian business, if the insights gained during the Committee’s deliberations were distilled into a practical book, in concert with other Ghanaian company law specialists, with the objective of producing a standard book of reference on Ghana’s corporate law. The Editor therefore invited these members of the Committee and other selected specialists to contribute to this book in two volumes. Volume 1 of this book discusses the law and practice relating to companies in Ghana, while volume 2 will focus on corporate insolvency and restructuring. The contributors hope that the two volumes will together contribute to a better practical appreciation of the framework for doing business in Ghana.
Volume 1 begins with a chapter on the Concept and History of the Ghanaian Company, followed by a chapter on the Sources of the Company Law of Ghana, and then by a discussion of the Incidents, Attributes and Consequences of Incorporation. The nuts and bolts of incorporation in Ghana are next discussed in the chapter titled the Mechanics of Company Formation and Registration. The Core Innovations in the Companies Act, 2019 and the Office of the Registrar of Companies and its Governance receive attention next. Volume 1 then proceeds to tackle the core issues in corporate law and practice (including: corporate governance and sanctions; raising of capital by companies; reduction of capital; debentures and transfer of debentures; corporate management; requirements relating to beneficial ownership; litigation by companies; protection against illegality, oppression and unfair prejudice etc.) and concludes with a chapter on Piercing the Corporate Veil (Looking Beyond the Legal Persona).
It is hoped that this book will succeed in making Ghanaian company law and corporate insolvency law more accessible to the professionals who practise it and to even the general public.
₵1,200.00 -
Who Owns the Land and Who Rules the Land?
Ghana is undergoing her fourth experiment in Constitutional Rule − the 4th Republic. She was the first Black African country south of the Sahara to gain her political independence in 1957 but economic independence has eluded her till now. Her development is at a snail-pace at best.
According to the author, there are certain fundamental bottlenecks in the country’s governance system which make it difficult for her to realize her economic potential. The author compares Ghana’s governance system to Singapore which gained political independence around the same time as Ghana but has successfully transformed from Third World to First World economic status in 30 years and asks why the difference. The author calls for a national debate on the country’s governance system that will lead to a total review of the 1992 Constitution. The following are some of the key issues he calls the nation’s attention to:
- A Feudal Land Tenure System whereby more than 90% of the land mass of Ghana is vested in the Chieftaincy institution as Stool Lands and the remaining 10% vested in the President on behalf of the people of Ghana as Public Lands. A system which greatly impedes development and benefits only a privileged few and yet there are no Land Reforms
- The Legacy of the Colonial Indirect Rule leading to a “bifurcated state” in which traditional authority runs parallel to civilian political authority
- An Ineffective Decentralization System which excludes the traditional leaders and refuses to allow the people to elect their own District Chief Executives whom they can hold accountable
- An Adversarial Political System in which the two main political parties have indulged in violence since independence and thus refuse to reach consensus for national development
- The Short Tenure of the Executive and Legislature which does not promote long term planning and execution for meaningful development
- An expensive electoral system which engenders corruption and prevents well-meaning and qualified candidates from offering themselves for governance
- The Lack of a National Agenda for development and dependence on party manifestoes thus ignoring the Directive Principles of State Policy. Development is thus not progressive but disjointed and depends on which party is in power
- A Council of State which is merely advisory and has no power to serve as a check on the Executive
- A National Mindset of Dependency Syndrome and Entitlement Mentality which has resulted in lack of effective mobilization of the populace by the political and traditional leadership. A national psyche that does not promote self-reliance and the can-do spirit
- A Governance System which tries to copy Westminster and American systems instead of a home-grown system which suits our situation and promotes development
- An Educational System that fails to build problem-solving abilities and patriotism into the youth and fails to make them proud of being Africans
- A Very Strong Religious Atmosphere which feeds on superstition and does not enable the teeming members to transform their mindset and focus on teachings which promote hard work, wealth creation and prosperity
₵180.00 -
The Black Pimpernel: Nelson Mandela on the Run
In March 1961, after giving a brief speech at a conference, Nelson Mandela vanished.
For the next eighteen months he was an outlaw, living under assumed identities and in various disguises (sometimes as a chauffeur, sometimes a gardener) as the South African police and secret services, helped by MI5 and the CIA, sought him in vain. His mission? To undergo military training and set up armed resistance to apartheid.
₵140.00 -
Revolution and Democracy in Ghana: The Politics of Jerry Rawlings
Flight-Lieutenant Jerry Rawlings, who passed away on 12 November 2020, aged 73 years, dramatically appeared on Ghana’s political scene 40 years earlier. In May 1979, Rawlings was briefly jailed following an unsuccessful coup attempt. Rawlings and his comrades were revolted by Ghana’s corruption and economic decline at the hands of its ruling generals. A few weeks later, on 4 June 1979, Rawlings was released from prison by a group of disgruntled soldiers and took power following a successful coup d’état. Following a brief, but turbulent, few months in power, Rawlings’ Armed Forces Revolutionary Council handed over to an elected government in September 1979. Twenty-seven months later, on 31 December 1981, he was back in power, again by coup d’état. This time it was not a brief stay in the hot seat: Rawlings, leader of the Provisional National Defence Council (PNDC), comprising three civilians and three armed forces personnel, remained in power for more than a decade. Seeking to justify the coup, Rawlings claimed that the PNDC was a necessary response to Ghana’s political and economic crisis. In January 1993, democracy returned to Ghana. Jerry Rawlings was popularly elected president twice, eventually standing down in January 2001, as the 1992 constitution demanded. Beginning his political career as a military figure with revolutionary aspirations, Rawlings ended it as a twice democratically-elected civilian president.
These are the brief facts about the political career of Flight-Lieutenant, later President, Jerry Rawlings. More than three years after his passing, Rawlings remains a pivotal, absolutely central, figure in Ghana. His enduring influence in Ghana may be second only to that of Ghana’s first president, Kwame Nkrumah. On the other hand, there is no more controversial figure in Ghana’s political and economic history than Rawlings. More than two decades after he left political office, nothing divides Ghanaians more than their opinions regarding him. This book seeks to explain how and why Rawlings and the PNDC progressed from an undemocratic military-based regime to laying the foundations for Ghana’s three decades of multi-party democracy. Was Rawlings a patriot who believed passionately in Ghana and did all he could to make the country succeed? Or was he a wrecker who wanted to bring the post-colonial edifice tumbling down in a misguided attempt at revolution? The aim of this book is to enable the reader to draw their own conclusions on these questions.
₵200.00 -
The Military, My Life: 43 Years – 5 Months – 25 Days: Autobiography
The Military, My Life: 43 Years – 5 Months – 25 Days: Autobiography is General Frimpong’s fifth book.
Starting from his primary school days across Ghana, his secondary education and enlistment into the Ghana Armed Forces in 1970, he discusses his long career in the military, community service, diplomatic life, incursions into academia, retirement in 2014 after over forty-three years’ service, and life after retirement.
He also discusses his sojourns in Nigeria, Kenya, Uganda, Canada and the USA.
Maj Don-Chebe states in the Foreword:
“For the officers who have schooled peacefully and smoothly in the Ghana Armed Forces, spare a thought for officers like Brig Gen Dan Frimpong, who blazed the trail and suffered all kinds of indignities to his person and unholy twists in his career path. His numerous runs-in with the Military High Command is a subject that should inform commanders at various levels that, a knowledge-based and future-focused Armed Forces needs a certain kind of officer hungry for knowledge and determined to compete with the best inside and outside.
“The autobiography of Brig Gen Dan Frimpong should give hope and confidence to young persons, inside and outside the Military to continue to pursue their dreams and aspirations. Any setback can only be temporary; persistence, perseverance, determination and grit should drive you forward.”
₵200.00 -
The Mumfordians: Memories of a Sea Boy
In one beautiful swoop, this book takes you to the nostalgic past and the aspirational future of an African nation still in the throes of defining self-determination. With the brilliance of powerful recalls, it dissects the socio-cultural as well as the political. It is one man’s journey from an idyllic African fishing village, through his self-improvement to become the executive secretary of a Pan-African body travelling several capitals of the world in the service of his employer.
It is also a book about people − their history, their dreams and the ills they seem unable to decidedly confront. But what makes The Mumfordians a keepsake is its richness in national promise and communal nostalgia.
₵210.00 -
Investigative Journalism in Africa: A Practical Manual
“Few African investigative journalists I know are as invested in principled investigative journalism as Manasseh Azure Awuni. That trait has always come through in his exhaustive, impactful stories (some of which have featured in GIJN’s monthly and annual picks of top investigative stories from Africa). It is also abundantly evident in his new book, Investigative Journalism in Africa: A Practical Manual. In his own distinct, matter-of-fact style, Manasseh crafts a book that borrows from his own experiences to map a path for journalists who want to follow in his footsteps or learn from his unique experiences. By doing so, Manasseh has laid a crucial brick towards building African literature on investigative journalism on the continent. Most of the watchdog journalism study materials available in Africa come from the West. Manasseh’s effort is a commendable and timely step in the right direction, which I hope other investigative journalists across Africa can aspire to emulate.” − Benon Herbert Oluka, Africa Editor of Global Investigative Journalism Network (GIJN)
“Manasseh Azure Awuni makes investigative journalism so practical in this manual. He dissects the thorny and hidden issues that you would not get in your average classroom. This book crafts the very basis of my intellectual thinking of what investigative journalism should be about. It is a must- read for every student who wants to achieve greater heights in investigative journalism across the world.” − Anas Aremeyaw Anas, Award-winning Ghanaian investigative journalist
“This book is rich with practical and theoretical knowledge from one of the foremost investigative journalists in Africa. An invaluable resource for both professionals and students.” − Prof. Audrey Gadzekpo, former Dean of the School of Information and Communication Studies, University of Ghana
“Students with a dream to pursue public interest and accountability journalism will find exceptional value here, but practitioners will do themselves a world of great value if they also keep a copy on the reading table.” − Dapo Olorunyomi, Publisher of Premium Times, Nigeria
₵100.00 -
Kwahu State Book: Asaase Aban (Hardcover)
Information captured in the Kwahu State Book entails the history of Kwahu paramountcy including the five divisions of the Kwahu Traditional Area namely Adonten, Nifa, Benkum, Kyidom and the Gyase division; with histories of royal families, towns and villages under the divisions mentioned are well captured. Towns captured include Abene, Abetifi, Obo, Aduamoa, Pepease, Atibie, Bokuruwa, Nkwatia, Obomeng, Bepong, Asakraka, Kwahu Tafo, Pitiko, Akwasiho, Mpraeso, Twenedurase, Kotoso, Jejeti, Oframase, Awenare, Nkorkoor (Nkawkaw), Nteso, Tease, Kwahu Praso, just to mention few. The book also presents histories of the Zongo Community of Kwahu, the Okwawu Football Club, churches, schools and profiles of the prominent personalities (the Kwahu Golden members) of Kwahu.
The Kwahu State Book has fourteen (14) sections with each segmenting several topics and sub-topics about the history and cultural practices of the Kwahu Traditional Area. Other information in the book include chronology of chiefs and genealogy (family tree) of all the royal families. All of these have been codified into a single voluminous book of over 2,800 pages. It is the first of its kind in Ghana and sub-Saharan Africa.
All of these have been codified into a single voluminous book of over 2,800 pages. It is the first of its kind in Ghana and sub-Saharan Africa.
₵1,300.00 -
Inside Out: Autobiographical Memoirs
The author recounts a journey that starts in a small town in Ghana, through an academic and professional career in finance in Canada and the United States, culminating at the Ministry of Finance in Ghana where he served as Technical Advisor to three different Ministers of Finance from different political parties.
The memoirs depict the complexities of decision-making that combine technical know-how with political reality using several instances of policymaking and financial transactions that he led at the Ministry. For the technical reader, the author recounts a 25-year history of his involvement in many key initiatives of financial market development in Ghana.
The sweetener in Inside Out is an interesting case study of how to navigate political transitions and maintain relevance as a senior advisor to Ministers in a “winner-takes-all” political environment.
₵150.00 -
Patrice Lumumba (Panaf Great Lives)
This book considers the first years of the Congo Republic following independence in 1960. Particular analysis is made of Lumumba’s policies and of western pressures in this crucial experience of the African Revolution.
The story of Lumumba underlines the correctness of Nkrumah’s Pan-African thesis.
₵270.00 -
Consciencism: Philosophy and Ideology for Decolonisation
Revised, and with a new Author’s Note written in Conakry
Kwame Nkrumah, always in the vanguard of the African Revolution, has not only been at the centre of its political action, but has formulated its ideology. In this book he expresses his philosophical beliefs, relating them to the special problems of Africa, and states his case for scientific socialism as the essential and logical development from Africa’s socio-political heritage.₵570.00 -
Leadership and the Challenges of Command: The Ghana Military Academy Experience
Brigadier General Daniel Kwadjo Frimpong was born on 2 February 1953 in Accra. He had his Secondary School Education at Mfantsipim School and the Ghana Secondary Technical School and had his first degree from the University of Ghana, Legon, where he also served as a Teaching Assistant for a year.
He also has an M.A. in Public Administration from Carleton University, Ottawa (Canada) and studied Strategic Planning and Management at GIMPA.
Brigadier General Frimpong had his basic Military Training at the Ghana Military Academy and the Cadets Training School in Canada and was commissioned on 21st July, 1973. He undertook a host of Professional Military Courses including the Senior Command and Staff Course in Jaji-Kaduna (in Nigeria). Brig. Gen. Daniel Frimpong has had varied experiences including service with the United Nations in peace-keeping operations in the Sinai, Lebanon and Cambodia. He was a member of the Consultative Assembly, which drew the constitution for the Fourth Republic.
He has been a Directing Staff in both Ghana and Nigeria at the Senior Command and Staff Colleges prior to being the Commanding Officer of the Ghana Military Academy, the singular experience out of which this book has emerged. He is currently the Military Attache at the Permanent Mission of Ghana to the United Nations in New York.
In this book Brigadier General Daniel Frimpong extensively discusses virtues, that is the excellences of character that is crucially important not only to military leadership and command but to all kinds of Leadership. Though his views and recommendations were derived from his experience as the Commanding Officer of the Ghana Military Academy, they apply to leadership outside the barracks.
Among the qualities emphasised are firmness, integrity and determination to adhere to principles and the ability for quick and correct assessment of unexpected situations. His analyses are incisive and convincing.
There is a lot to learn from this book on how to come to grips with quandaries of leadership.
₵40.00 -
Contemporary Issues in Foreign Policy, Diplomacy and International Affairs
This is a collection of essays derived from a series of symposia and online webinars hosted by the Council of Foreign Relations- Ghana.
From the inaugural symposium chaired by Ambassador James Victor Gbeho, with addresses by The President of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo, and Ghana’s Foreign Minister, Madam Shirley Ayorkor Botchwey, the CFR-Ghana elicits interesting views and opinions from people best placed to be aware of the big picture of contemporary issues in international affairs, particularly from the perspective of how they impact our African Continent.
Totally informative and engaging, sometimes entertaining and mentally provocative, which challenges us all to seriously reflect upon contemporary issues in foreign policy, diplomacy and international affairs.
“The setting up of CFR-Ghana is long overdue and I’m glad that finally it has been done. The Executives and Founding Members are to be commended for this achievement and I wish them the very best of luck in the years to come. “
– H.E President Nana Addo Dankwa Akufo-Addo (President of the Republic of Ghana)
₵150.00 – ₵200.00 -
West to East: My East African Sojourns
West to East is about the author’s experiences in two East African countries, Kenya and Uganda.
After a successful interview in December 2016, the author was offered the appointment of CEO, African Peace Support Trainers’ Association in Kenya. Surprisingly, he developed cold feet. He had to be coaxed, cajoled and “ordered” to take the job in 2017.
The author’s premonition turned right when he arrived in Kenya to find an organization torn-apart by internal/external politics, personality conflicts and without money. The three-year offer ended in less than a year.
For a continent struggling for unity, this experience was unfortunate.
Earlier, between 2008 and 2009, the author had served in Uganda as Senior Military Adviser to former President Joaquim Chissano of Mozambique. He was UN Secretary-General Kofi Annan’s Special Representative for the Lord’s Resistance Army-Affected Areas of Uganda, Democratic Republic of Congo, South Sudan and the Central African Republic. A summary of the author’s experience in Uganda is provided.
Nana Kwasi Gyan-Apenteng describes the book as “a good textbook or supplementary-reader for people in all disciplines, but will be indispensable for professional and lay-people seeking information about Peacekeeping and International Multilateral responses to crisis.”
₵100.00 -
Ghana: A Concise History from Pre-Colonial Times to the 20th Century
This is a comprehensive survey of the history of Ghana from the earliest times to 1992. It discusses the evolution of the different ethnic groups and the social, economic and political institutions and systems they created. It also examines the development of state systems , their contact with the outside world and the economic , social and political consequences of that contact. It discusses the loss of political independence, the recovery of sovereignty and the emergence of the modern state of Ghana.
The study ends with an examination of the attempt by various rulers after independence to make one nation out of the people of Ghana and promote their economic and social well-being. The book has grown out of lectures the author has delivered to University students over the years. The material has, however, been written in a language that can be understood by all Senior High School students and the general public.
₵110.00