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Restoration of GN Saving and Loans License: Dr. Nduom hails decision after ‘difficult 7 years’
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The Court of Appeal has officially restored the operating license of GN Savings and Loans, ending a protracted seven-year legal and regulatory battle for the financial institution.
Reacting immediately to the judgment, the owner of GN Savings and Loans, Dr. Paa Kwesi Nduom, described the period following the bank’s closure as an incredibly challenging chapter for the company, its staff, and its stakeholders.
Dr. Nduom expressed profound gratitude to the employees who remained loyal and diligent throughout the crisis.
“We thank everyone who has been with us, and the Almighty God, because it has been a tough and difficult time they have gone through,” Dr. Nduom stated.
While noting that there is a vast amount of details regarding their struggles to uncover, he deferred those disclosures for the future.
He announced that the bank’s leadership will soon host a comprehensive press conference to recount their experiences and outline the institution’s strategic way forward.
Dr. Nduom also pointed to the current national atmosphere as a significant factor in the resolution of the case.
“What I also want to say is that we are in a very, very good political environment that brought about a wind of change,” he disclosed.
Reflecting on the severe toll of the past seven years, Dr. Nduom acknowledged the heavy human and material losses suffered during the period of turbulence, noting that some individuals lost their lives, others lost their livelihoods, and valuable corporate assets were destroyed.
He concluded that while the lost assets and time may never be fully recouped, the management is fully committed to restoring the company to its former standing and playing its part in ensuring Ghana’s economic prosperity.
By Edem Mensah-Tsotorme
Deputy National Women Organiser of the New Patriotic Party (NPP), Mimi Duah, has openly declared her support for Mavis Hawa Koomson as the next National Women’s Organiser of the party.
In a statement endorsing Hawa Koomson’s candidature, Ms Duah outlined four key reasons why she believes the former MP and Minister of State is best placed to lead the party’s women’s wing.
According to her, Hawa Koomson is a motherly figure who rose from the grassroots and is widely noted for her forgiving nature and ability to foster unity.
“She is a true grassroots mother who easily forgives, fosters unity, provides guidance and arbitrates to ensure all aggrieved party women are brought on board to ensure a unified women’s wing,” she stated.
Ms Duah also pointed to Hawa Koomson’s vast experience, having served as a Constituency Women’s Organiser, Member of Parliament and Minister of State, noting that the experience positions her to provide effective leadership as National Women’s Organiser.
She further described Hawa Koomson as capable of making the women’s wing resourceful, through her extensive network and business contacts, to lobby for logistics, training and financial support for women organisers at all levels.
Lastly, she said the NPP as an opposition party needs fearless, bold and assertive leadership at the women’s front to inspire regional, constituency and polling station women organisers as the party reorganises towards the 2028 elections.
“We need a Women’s Organiser who has been tested, who is bold, who understands grassroots women, and who can lead us to victory in 2028. Hon. Mavis Hawa Koomson is that leader,” she stressed.
By Edem Mensah-Tsotorme
News
Tourism, Culture and Creative Arts Minister inaugurates Ghana-Korea Heritage Project Steering Committee
Tourism, Culture and Creative Arts Minister, Abla Dzifa Gomashie, has inaugurated the Ghana-Korea Heritage Project Steering Committee to provide strategic oversight for a five-year programme focused on preserving Ghana’s heritage sites and strengthening their resilience to climate change.
The project will support climate-risk mapping, digital surveying and 3D modelling, joint research, capacity building, community engagement and modern monitoring technologies.
Korea is also providing specialised equipment, including drones, 3D scanners, digital microscopes, thermal imaging cameras and GPS survey instruments, to enhance Ghana’s capacity to scientifically assess, document and conserve heritage structures.
The partnership, which will run through 2030 and beyond, is expected to deepen Ghana-Korea cultural ties while promoting sustainable, technology-driven and climate-adaptive heritage management for future generations.
By Edem Mensah-Tsotorme
