The Securities and Exchange Commission (SEC) has suspended the licenses of Met Capital Group Limited and Mec-Ellis Investments Limited – both investment advisors- for breaching some provisions of the Securities Industries Law. “The Commission kindly requests any person who has given funds to Mec-Ellis and Met Capital Group, for investments to inform the Commission of … Read more
The U. S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc (YHOO.O), the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating with federal, state and foreign” agencies, including the SEC, that were seeking information and documents about a “security incident … Read more
Investigations into alleged reports of bribery against workers and security personnel of GCB bank by DKM customers are expected to be completed on Friday 27th January, 2017. The police, upon request from the Registrar General’s Department, who are official liquidators of DKM micro finance company, early this month begun investigations into the matter. “Some of … Read more
Investigations into alleged reports of bribery against workers and security personnel of GCB bank by DKM customers are expected to be completed on Friday 27th January, 2017. The police, upon request from the Registrar General’s Department, who are official liquidators of DKM micro finance company, early this month begun investigations into the matter. “Some of … Read more
Executive Secretary of the National Labour Commission (NLC), Charles Adongo Bawa Duah has explained that the composition of the labour law discriminates against contract, casual and probation staffs. Speaking to GhanaWeb, Lawyer Bawa Duah noted that, the labour law does not empower contracts staffs or staffs on probation to make demands on the employers for … Read more
Halliburton Co (HAL. N) on Friday said it had reached a $100 million settlement to resolve a long-running securities fraud class action lawsuit against the oilfield services provider that twice reached the U.S. Supreme Court. The deal resolves a lawsuit in federal court in Dallas accusing Halliburton of misrepresenting its potential liability in asbestos litigation, … Read more
U. S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the existing financial rule book. President-elect Trump will take over on Jan. 20 and his fellow Republicans will have control of Congress … Read more
The campaign for election 2016 has registered its lowest point yet. President Mahama caught on camera dishing out cash to his financially distressed and malnourished compatriots has dwarfed all the other oddities recorded in his campaign so far. We wonder what could have accounted for his resort to the open doling out of cash as … Read more