News
GSE revokes licences of two companies

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The Ghana Stock Exchange (GSE) has revoked the licences of Liberty Securities Limited (LSL) and First Atlantic Brokerage Limited (FABL).
According to the GSE, the decision to expel the two companies was due to the various infractions with respect to rules of operations on the exchange.
A press statement issued by the GSE said LSL and FABL would not be able to execute trades on the market, provide advisory services to clients on capital market issues, and hold in lien or in trust clients’ accounts or their security holdings, in accordance to Rule 78 of the GSE Dealing Membership Rules.
Rule 78 of the GSE Dealing Membership Rules requires a member of the Exchange to comply with the prevailing requirements of the Securities and Exchange Commission in respect of capital, liquidity, reports and returns.
In the case of FABL, the regulator noted that, the company had operated without an Authorised Dealing Officer (ADO) for more than three months.
In addition, the company’s financial status showed a significant deterioration in its operations, resulting in successive negative returns which have eroded shareholders’ funds, the statement said.
The FABL is in breach of regulation 22 of the SEC Regulations, 2003 (L.I. 1728), which requires a Broker-Dealer to maintain at any given time, minimum liquid fund amounting to at least 20 per cent of the aggregate indebtedness of the Broker-Dealer, the statement added.
Similarly, LSL were found to be operating without an ADO for more than three months, contrary to Rule 6(j) of the GSE Dealing Membership Rules.
Moreover, they had low net shareholders’ fund balance and low liquidity position and had been inactive on the market due to the lack of ADO to execute trades.
For customers of the now defunct stock traders, the Exchange said procedures have been provided for them to transfer their security accounts and security holdings to any LDM of their choice.
The GSE had also provided a help desk or a correspondence officer to each LDM to respond to clients’ issues.
Source: Ghanaian Times
News
Greater Accra Regional Minister hails Nationwide Cleanup exercise

The Greater Accra Regional Minister, Mrs Linda Obenewaa Akweley Ocloo, expressed satisfaction with the outcome of the two-day nationwide cleanup exercise, describing it as a major step towards tackling flooding and poor sanitation, while warning that authorities would clamp down on persons who continued to pollute the environment and obstruct waterways.
The Minister made the remarks after touring some of the region’s worst flood-affected communities, including Nungua, Alajo, Tse Addo and Apenkwa on Friday, and Alajo, Madina and Abelemkpe on Saturday, to assess the progress of the nationwide sanitation campaign.
She said the exercise had significantly improved the condition of drains and waterways in the affected communities and demonstrated what could be achieved when government institutions and residents worked together towards a common goal.
Mrs Ocloo commended the Ghana Armed Forces, the Ghana Police Service, the Ghana National Fire Service, the Ghana Immigration Service, the National Cleanup Assistance Trust, Metropolitan, Municipal and District Assemblies (MMDAs), sanitation workers, volunteers and residents for their commitment and support throughout the exercise.
She said their collective efforts had contributed immensely to the successful removal of refuse, silt and other materials that had blocked drains and increased the risk of flooding in many parts of the region.
The Minister noted that the quantity of waste removed from drains and waterways had exceeded the expectations of the organisers, describing the situation as a reminder of the need for residents to adopt responsible waste disposal practices.
Mrs Ocloo stressed that environmental sanitation remained a shared responsibility and should not be left to government or the assemblies alone.
She urged residents to make cleanliness part of their daily lives by properly disposing of refuse, keeping drains free from waste and discouraging practices that degraded the environment.
The Minister cautioned that the Greater Accra Regional Coordinating Council, in collaboration with the MMDAs and the security agencies, would intensify the enforcement of sanitation regulations against individuals and businesses that dumped refuse into drains, built on waterways or engaged in activities that contributed to flooding.
She said authorities would also undertake targeted demolition exercises to remove structures that obstructed the natural flow of water where necessary, adding that such measures were essential to protecting lives and property.
Mrs Ocloo further warned traders and market operators against ignoring directives issued during sanitation exercises, stating that those who defied official instructions in future risked having their goods confiscated.
She disclosed that more than 300 additional trucks had been deployed during the exercise to transport the huge volumes of waste generated after the initial fleet proved inadequate for the scale of work across the region.
The Minister said relief items had already been distributed to all 27 flood-affected districts through the National Disaster Management Organisation (NADMO) and the Ministry of Local Government, Chieftaincy and Religious Affairs, while contingency funds approved by the President had supported ongoing desilting, dredging and other emergency interventions.
Mrs Ocloo assured residents that the Greater Accra Regional Coordinating Council would sustain the clean up campaign through continuous monitoring, public education and stricter enforcement of sanitation laws.
She appealed to residents to maintain the momentum created by the exercise, saying a cleaner, safer and flood-resilient Greater Accra could only be achieved if every citizen accepted responsibility for protecting the environment.
By Enoch Ntiamoah Siaw
News
Women empowerment: Dr Dorcas Beeko Mangesi honoured at Feminine Ghana Achievement Awards

The Executive Director of Human Resource Intermediaries Ghana Limited, Dr Dorcas Beeko Mangesi, has been honoured as the Most Outstanding Female in HR Outsourcing and Business Easing at the 12th Feminine Ghana Achievement Awards 2026.
Receiving the award, Dr Mangesi expressed excitement over the recognition, describing it as an acknowledgement of her contributions to the human resource outsourcing industry.
She explained that Human Resource Intermediaries Ghana Limited is an HR outsourcing firm that manages workers on behalf of companies and also provides recruitment and training services.
According to her, the award reflects the impact of her work over the years and motivates her to do even more.
“I have contributed a lot to the industry and for me to be recognised at this level shows that the work I have done over the years has been recognised,” she said.
Dr Mangesi noted that this was her first time receiving such an award and also her first participation in the Feminine Ghana Achievement Awards.
She described the recognition as unique because it serves as a personal brand and highlights the achievements of women in leadership positions.
According to her, the award is also a symbol of women empowerment and should inspire young women to pursue their careers with determination.
She urged young girls to take their education seriously, remain focused and work hard despite the challenges women often face in the corporate world.
She observed that although men continue to dominate many areas of business, women who remain committed and give their best can rise through the ranks and earn recognition.
“I am an example. I am speaking from experience,” she said.
Dr Mangesi expressed appreciation to the organisers of the awards for recognising her work in the HR outsourcing industry.
She thanked her team members for their support, saying their efforts contributed to her success.
In addition, she expressed gratitude to her husband for his encouragement throughout her career and thanked everyone who has supported her journey.
By: Jacob Aggrey




