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According to the audit service, auditing of government's services started in 1910 when annually the British Colonial Administration brought in external auditors to the then Gold Coast colony from the HM Treasury in London, in order to audit and investigate the funds granted to the Governor to manage the colony. [1]
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
ALW is symbol representing Aluworks Ltd. on the Ghana Stock Exchange. It was listed on the Stock Exchange on 29 November 2004. Its traded securities are ordinary shares of no par value. ALW has a total of one billion (1,000,000,000) authorised shares and 236,687,001 issued shares. As of 19 August 2014, its stated capital was GH¢31,650,000. [5]
The Ghana Stock Exchange (GSE) is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently lists 42 equities (from 37 companies) and 2 corporate bonds. [1] All types of securities can be listed.
The auditor-general of Ghana is the head of the Ghana Audit Service, a legislative branch agency re-established by the government of Ghana in 1992 through the 1992 Constitution of Ghana. [1] It was established as part of the Audit Service through Article 188 of the 1992 Constitution of Ghana as part of the Public Services of Ghana.
In 2016, he was appointed by President John Mahama to serve as Auditor-General of Ghana. [2] [3] In his role as Auditor-General of the country, he also served as keynote speaker for public lectures on auditing, corruption and issues relating to management of finances [7] [8] [9] On 20 September 2018, he was the keynote speaker at the 3rd Kwadwo Baah-Wiredu Memorial Lecture.
The fund was established by an ACT of Parliament of the Republic of Ghana, ACT 218, (Act 978), to manage and invest the mining royalties of the Republic.The Act was passed by Parliament of Ghana and President of the Republic of Ghana, Nana Akuffo Addo, assented the ACT on December, 3rd 2018, after Parliament passed it into law which according to him, there are no local companies mining in ...