118-628: The Ghana Football Association ( GFA ) is the governing body of association football in Ghana and is based in Accra the capital of Ghana. Founded in 1957, the Association was dissolved by the Ghanaian Minister of Sport , Isaac Kwame Asiamah , on 7 June 2018, after the discovery of corruption in the association through investigative videos. In October 2019, a new president, Kurt Okraku ,
236-527: A Militarized police Rapid deployment force and Marine Police Unit . The Ghana Police Service operates in 12 divisions: ten covering the regions of Ghana, one assigned specifically to the seaport and industrial hub of Tema , and the twelfth being the Railways, Ports and Harbours Division. The Ghana Police Service's Marine Police Unit and Division handles issues that arise from the country's offshore oil and gas industry . The Ghana Prisons Service and
354-505: A commander-in-chief of the Ghana Armed Forces ( President of Ghana ), parliament ( Parliament of Ghana ), cabinet ( Cabinet of Ghana ), council of state ( Ghanaian Council of State ), and an independent judiciary ( Judiciary of Ghana ). The government is elected by universal suffrage after every four years. Nana Akufo-Addo won the presidency in the general election in 2016 , defeating incumbent John Mahama . He also won
472-483: A constitutional amendment made Ghana a one-party state , with Nkrumah as president for life of both the nation and its party. Nkrumah was the first African head of state to promote the concept of Pan-Africanism , which he had been introduced to during his studies at Lincoln University , Pennsylvania in the United States, at the time when Marcus Garvey was known for his "Back to Africa Movement". He merged
590-409: A corporation , LLCs are required to register in the states they are "conducting (or transacting) business". Each state has different standards and rules defining what "transacting business" means, and as a consequence, navigating what is required can be quite confusing for small business owners. Simply forming an LLC in any state may not be enough to meet legal requirements, and specifically, if an LLC
708-432: A partnership or sole proprietorship with the limited liability of a corporation . An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as
826-689: A unitary presidential constitutional democracy with a parliamentary multi-party system that is dominated by two parties—the National Democratic Congress (NDC) and the New Patriotic Party (NPP). Ghana alternated between civilian and military governments until January 1993, when the military government gave way to the Fourth Republic of Ghana after presidential and parliamentary elections in late 1992. The 1992 constitution of Ghana divides powers among
944-716: A "Football Revolution" and succeeded in toppling the Akwei Administration in 1957. In 1957, Ohene Djan was elected General Secretary of the Football Association by the clubs and the Ghana Amateur Football Association was officially founded. He strategically affiliated the Association with FIFA in 1958 and the CAF in 1960. Ohene Djan was instrumental in securing sponsorship for the first Ghanaian FA cup competition from
1062-444: A business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. Although LLCs and corporations both possess some analogous features, the basic terminology commonly associated with each type of legal entity, at least within the United States, is sometimes different. When an LLC is formed, it is said to be "organized", not "incorporated" or "chartered", and its founding document
1180-454: A business formed as an LLC rather than a corporation. An LLC with either single or multiple members may elect to be taxed as a corporation through the filing of IRS Form 8832. After electing corporate tax status, an LLC may further elect to be treated as a regular C corporation (taxation of the entity's income prior to any dividends or distributions to the members and then taxation of the dividends or distributions once received as income by
1298-710: A century of colonial resistance, the current borders of the country took shape, encompassing four separate British colonial territories: Gold Coast , Ashanti , the Northern Territories , and British Togoland . These were unified as an independent dominion within the Commonwealth of Nations . On 6 March 1957 Ghana became the first colony in Sub-Saharan Africa to achieve sovereignty - that is, gain independence. Under President Kwame Nkrumah , it became influential in decolonisation efforts and
SECTION 10
#17327803720261416-474: A contribution toward legal fees and other expenses related to the arbitration proceedings. This ruling marks the conclusion of a series of legal proceedings initiated by Tema Youth SC, which began when Young Red Bull filed a claim against Tema Youth concerning their transfer agreement for Joseph Paintsil. The GFA Player Status Committee and Appeals Committee had previously ruled in favor of the GFA in this matter. As
1534-460: A debtor-member to the debtor's share of distributions, without conferring on the creditor any voting or management rights. Limited liability company members may, in certain circumstances, also incur a personal liability in cases where distributions to members render the LLC insolvent. The first state to enact a law authorizing the creation of limited liability companies was Wyoming in 1977. The law
1652-721: A founding member of the Non-Aligned Movement and the African Union , and a member of the Economic Community of West African States , the Group of 24 and the Commonwealth of Nations. The name Ghana comes from Wagadu , a vast empire in west Africa from the 3rd to 12th centuries; Wagadu was termed Ghana by Arab traders involved in the trans-Saharan trade . Ghana is thought to originate from
1770-560: A free secondary-school initiative started in 2017 among other programs, despite having recorded its lowest economic growth rate in 37 years in 2020. It produces and exports hydrocarbons such as sweet crude oil and natural gas . The 100%-state-owned filling station company, Ghana Oil Company , is the number 1 petroleum and gas filling station, and the 100%-state-owned state oil company Ghana National Petroleum Corporation oversees hydrocarbon exploration and production of petroleum and natural gas reserves. Ghana aims to further increase
1888-504: A long life, and formed a stable, peaceful society. Dagbon extended beyond the boundaries of present-day Ghana. Kingdoms that emerged from Dagbon include the Mossi Kingdoms of Burkina Faso , and Bouna Kingdom of Ivory Coast . The kingdom enjoyed great prosperity, establishing Ghana's earliest educational systems, and using a writing script prior to European invasion. Female chiefs who rule over male subjects are present in
2006-516: A maximum of about 270 kilometres (170 miles) with locations for mining of industrial minerals and timber. Ghana is home to five terrestrial ecoregions: Eastern Guinean forests , Guinean forest–savanna mosaic , West Sudanian savanna , Central African mangroves , and Guinean mangroves . It had a 2018 Forest Landscape Integrity Index mean score of 4.53/10, ranking it 112th globally out of 172 countries. The White Volta River and its tributary Black Volta , flow south through Ghana to Lake Volta ,
2124-410: A partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services , may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company ( PLLC ). An LLC
2242-536: A pharmaceutical firm, Merrs R.R. Harding and Company. In the same year he succeeded in securing the services of an expatriate Coach, George Ainsley , for the National Team. Then in 1959, he succeeded again in organizing the first national league, before Ghana became a republic on 1st July, 1960. Through the 1993 Winneba Declaration, Ghanaian football was able to shrug off its amateur status. The formation of professional teams allowed clubs to be incorporated under
2360-575: A result of the CAS ruling, Tema Youth SC, currently in Ghana's third-tier league competition, will continue to incur point deductions for each match played until their outstanding debts are settled. Additionally, a transfer ban, both domestically and internationally, will be imposed until full settlement or a mutually agreed-upon resolution is reached. Ghana Ghana , officially the Republic of Ghana ,
2478-527: A structural adjustment plan, changing many old economic policies, and growth recovered during the mid-1980s. A new constitution restoring multi-party system politics was promulgated in the presidential election of 1992 , in which Rawlings was elected, and again in the general election of 1996 . In a tribal war in Northern Ghana in 1994, between the Konkomba and other ethnic groups, including
SECTION 20
#17327803720262596-410: A total of around 1,000 people accused of witchcraft. The Ghanaian government has announced that it intends to close the camps. Ghana possesses industrial minerals , hydrocarbons and precious metals . It is an emerging designated digital economy with mixed economy hybridisation and an emerging market . It has an economic plan target known as the "Ghana Vision 2020". This plan envisions Ghana as
2714-667: A trading lodge at a coastal settlement called Anomansah (the perpetual drink), which they renamed São Jorge da Mina . In 1481, King John II of Portugal commissioned Diogo de Azambuja to build the Elmina Castle , which was completed in three years. By 1598, the Dutch had joined the Portuguese in the gold trade, establishing the Dutch Gold Coast ( Nederlandse Bezittingen ter Kuste van Guinea – 'Dutch properties at
2832-459: Is a comprehensive measure of African government, based on variables which reflect the success with which governments deliver essential political goods to its citizens. According to 2023 V-Dem Democracy indices Ghana is ranked 67th electoral democracy worldwide and 10th electoral democracy in Africa . Since independence, Ghana has been devoted to ideals of nonalignment and is a founding member of
2950-584: Is a country in West Africa . It lies adjacent to the Gulf of Guinea and the Atlantic Ocean to the south, sharing a border with Ivory Coast in the west , Burkina Faso in the north , and Togo in the east . Ghana covers an area of 239,567 km (92,497 sq mi), spanning diverse ecologies , from coastal savannas to tropical rainforests . With nearly 35 million inhabitants, Ghana
3068-445: Is a hybrid legal entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are). An LLC is a type of unincorporated association , distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability , and the primary characteristic it shares with a partnership is the availability of pass-through income taxation . As
3186-916: Is classified as a middle income country. Services account for 50% of GDP, followed by manufacturing (24.1%), extractive industries (5%), and taxes (20.9%). Ghana has an increasing primary manufacturing economy and export of digital technology goods along with assembling and exporting automobiles and ships, diverse resource rich exportation of industrial minerals , agricultural products primarily cocoa, petroleum and natural gas, and industries such as information and communications technology primarily via Ghana's state digital technology corporation Rlg Communications which manufactures tablet computers with smartphones and various consumer electronics . Urban electric cars have been manufactured in Ghana since 2014. It announced plans to issue government debt by way of social and green bonds in Autumn 2021, making it
3304-400: Is formed in one state, but the owner (or owners) are located in another state (or states), or an employee is located in another state, or the LLC's base of operations is located in another state, the LLC may need to register as a foreign LLC in the other states it is "transacting business". For U.S. federal income tax purposes, an LLC is treated by default as a pass-through entity. If there
3422-593: Is geographically closer to the intersection of the Prime Meridian and the Equator than any other country, since this point, (0°, 0°), is located in the Atlantic Ocean approximately 614 km (382 mi) off the south-east coast of Ghana. Grasslands mixed with south coastal shrublands and forests dominate Ghana, with forest extending northward from the coast 320 kilometres (200 miles) and eastward for
3540-589: Is likewise known as its " articles of organization ", instead of its " articles of incorporation " or its "corporate charter". Internal operations of an LLC are further governed by its " operating agreement ". An owner of an LLC is called a "member", rather than a " shareholder ". Additionally, ownership in an LLC is represented by a "membership interest" or an "LLC interest" (sometimes measured in "membership units" or just "units" and at other times simply stated only as percentages ), rather than represented by " shares of stock " or just "shares" (with ownership measured by
3658-592: Is located on the Gulf of Guinea , a few degrees north of the Equator . It spans an area of 238,540 km (92,101 sq mi) and has an Atlantic coastline that stretches 560 kilometres (350 miles) on the Gulf of Guinea in the Atlantic Ocean to its south. Dodi Island and Bobowasi Island are near the south coast. It lies between latitudes 4°45'N and 11°N, and longitudes 1°15'E and 3°15'W. The prime meridian passes through Ghana, specifically through Tema . Ghana
Ghana Football Association - Misplaced Pages Continue
3776-586: Is made up of nine (9) national teams. These teams are namely: The Foundation's Projects and Programmes are defined by 5 thematic or focus areas summarized under the CARES acronym: The Ghana Amateur Football Association was affiliated with CAF in 1960, and in 1963 won the bid to host the 5th Africa Cup of Nations (AFCON), to coincide with the Meeting of the ( OAU ) Heads of States and Government in Accra. Ghana won
3894-458: Is more difficult to pierce the LLC veil because LLCs do not have many formalities to maintain. As long as the LLC and the members do not commingle funds, it is difficult to pierce the LLC veil. Membership interests in LLCs and partnership interests are also afforded a significant level of protection through the charging order mechanism. The charging order limits the creditor of a debtor-partner or
4012-502: Is only one member in the company, the LLC is treated as a "disregarded entity" for tax purposes (unless another tax status is elected), and an individual owner would report the LLC's income or loss on Schedule C of his or her individual tax return. Thus, income from the LLC is taxed at the individual tax rates. The default tax status for LLCs with multiple members is as a partnership, which is required to report income and loss on IRS Form 1065. Under partnership tax treatment, each member of
4130-453: Is the second-most populous country in West Africa . The capital and largest city is Accra ; other significant cities include Kumasi , Tamale , and Sekondi-Takoradi . In 1957 Ghana became the first colony in Sub-Saharan Africa to achieve sovereignty, under the leadership of Kwame Nkrumah . The earliest kingdoms to emerge in Ghana were the Kingdom of Dagbon in the north and
4248-569: Is the fifth largest on continental Africa and 3rd largest in sub-saharan Africa with a market capitalisation of GH¢ 57.2 billion or CN¥ 180.4 billion in 2012 with the South Africa JSE Limited as first. The Ghana Stock Exchange was the second best performing stock exchange in sub-saharan Africa in 2013. Ghana produces high-quality cocoa . It is the second largest producer of cocoa globally and its ICCO membership helps in its international cocoa trade. Ghana
4366-477: Is the fifth-largest in Africa and the 21st-to-25th- largest proven reserves in the world. It also has up to 1.7 × 10 cubic metres (6 × 10 ^ cu ft) of natural gas in reserves. The government has drawn up plans to nationalise petroleum and natural gas reserves to increase government revenue. As of 2019, Ghana was the 7th largest producer of gold in the world, producing ~140 tonnes that year. This record saw Ghana surpass South Africa in output for
4484-580: Is used as a key narcotics industry transshipment point by traffickers, usually from South America as well as some from other African nations. In 2013, the UN chief of the Office on Drugs and Crime stated that "West Africa is completely weak in terms of border control and the big drug cartels from Colombia and Latin America have chosen Africa as a way to reach Europe." There is not a wide or popular knowledge about
4602-463: The 2014 World Cup were not affected by the allegations. Kwesi Nyantakyi denied the match fixing allegations, saying, "the report of the newspaper or the media house is entirely not accurate," and "there is really no cause for alarm as far as I am concerned, because nothing untoward has happened involving me or the Federation". The Court of Arbitration for Sport (CAS) issued a ruling in favor of
4720-560: The 2020 election after the presidential election results were challenged at the Supreme Court by flagbearer of the NDC, John Mahama. Presidents are limited to two four-year terms in office. The president can serve a second term only upon re-election. The 2012 Fragile States Index indicated that Ghana is ranked the 67th-least fragile state in the world and the fifth-least fragile state in Africa. Ghana ranked 112th out of 177 countries on
4838-638: The Atlantic slave trade in this area. More than 30 forts and castles were built by the merchants. The Germans established the Brandenburger Gold Coast or Groß Friedrichsburg. In 1874, Great Britain established control over some parts of the country, assigning these areas the status of the British Gold Coast . Military engagements occurred between British colonial powers and Akan nation-states. The Kingdom of Ashanti defeated
Ghana Football Association - Misplaced Pages Continue
4956-589: The Bonoman in the south, with Bonoman existing in the area during the 11th century. The Ashanti Empire and other Akan kingdoms in the south emerged over the centuries. Beginning in the 15th century, the Portuguese Empire , followed by other European powers , contested the area for trading rights, until the British ultimately established control of the coast by the 19th century . Following more than
5074-739: The Gold Coast Football Association, which used to be the governing body for football in Ghana and was one of the oldest football associations in Africa, having been founded in 1920. The Ghana Football Association (GFA) was formerly known as the Gold Coast Football Association. The sport of football was introduced in Gold Coast by the European merchants in the late 19th century. As the game became popular, several amateur clubs were formed along
5192-525: The Nanumba , Dagomba and Gonja , between 1,000 and 2,000 people were killed and 150,000 people were displaced. After the 2000 general election , John Kufuor of the New Patriotic Party became president of Ghana on 7 January 2001 and was re-elected in 2004 , thus also serving two terms (the term limit) as president of Ghana and marking the first time under the fourth republic that power
5310-605: The Non-Aligned Movement . Ghana favours international and regional political and economic co-operation, and is an active member of the United Nations and the African Union . Ghana has a strong relationship with the United States. Three recent U.S. presidents— Bill Clinton , George W. Bush , and Barack Obama —and a Vice President— Kamala Harris —have made diplomatic trips to Ghana. Many Ghanaian diplomats and politicians hold positions in international organisations, including Ghanaian diplomat and former Secretary-General of
5428-601: The Pan-African movement . Ghana is a multi-ethnic country with linguistic and religious groups; while the Akan are the largest ethnic group, they constitute a plurality. Most Ghanaians are Christians (71.3%); almost a fifth are Muslims ; a tenth practice traditional faiths or report no religion. Ghana is a unitary constitutional democracy led by a president who is head of state and head of government . For political stability in Africa, Ghana ranked seventh in
5546-526: The Takoradi Harbour . These ships were carrying thousands of kilograms of cocaine, with a street value running into billions of Ghana cedis . However, drug seizures saw a decline in 2011. Drug cartels are using new methods in narcotics production and narcotics exportation, to avoid Ghanaian security agencies. Underdeveloped institutions, porous open borders, and the existence of established smuggling organisations contribute to Ghana's position in
5664-857: The U-20 FIFA World cup by defeating Brazil. With regard to women's football , the Ghana Black Queens have participated in two World Cup tournaments and the Olympic Games . They have also been runners-up to the Falcons of Nigeria in the Africa Cup of Nations series. Ghana last hosted the AFCON Tournament in January 2008. Ghana qualified for the AFCON Tournament in January 2017 after finishing top of Group H in
5782-657: The Wyoming Legislature tailored its statute to grant LLCs particular corporate features without exceeding this threshold. For several years, other states were slow to adopt the LLC form because it was unclear how the IRS and courts would apply the Kintner regulations to it. After the IRS finally decided in 1988 in Revenue Ruling 88-76 that Wyoming LLCs were taxable as partnerships, other states began to take
5900-491: The 1954 legal precedent of that name. As promulgated by the Internal Revenue Service (IRS) in 1960, the Kintner regulations set forth a complex six-factor test for determining whether such business associations would be taxed as corporations or partnerships. Some of these factors had equal significance, so that the presence of only half of them would result in classification as a partnership. Accordingly,
6018-1107: The 19th century, the territory of the southern part of Ghana was included in the Kingdom of Ashanti . The government of the Ashanti Empire operated first as a loose network and eventually as a centralised kingdom with a specialised bureaucracy centred in the capital city of Kumasi . Prior to Akan contact with Europeans, the Akan people created an economy based on principally gold and gold bar commodities , which were traded with other states in Africa. The Ga-Dangme and Ewe migrated westward from south-western Nigeria. The Ewe – formerly known as Dogbo- migrated from Oyo area with their Gbe-speaking kinsmen (Adja, Fon, Phla/Phera and Ogun/Gun) and in transition, settled at Ketou in Benin Republic, Tado in Togo, Dogbo Nyigbo in Benin Republic and with Nortsie (a walled town in present-day Togo) as their final dispersal point. Their dispersal from Nortsie
SECTION 50
#17327803720266136-475: The 2012 Ibrahim Index of African Governance and fifth in the 2012 Fragile States Index . It has maintained since 1993 one of the freest and most stable governments on the continent, and it performs relatively well in healthcare , economic growth, and human development, so that it has a significant influence in West Africa and Africa as a whole. Ghana is highly integrated in international affairs, being
6254-473: The Accra Football League, Sir Gordon Guggisberg . Football was brought to the Gold Coast near the end of the 19th century by merchants from Europe, who had by then conquered the coastal areas and built forts and castles to facilitate trade. In their leisure time, the sailors would play football among themselves and with the indigenous people. The popularity of the game spread quickly along
6372-614: The Akans were established in the Akan state called Bonoman , for which the Brong-Ahafo region was named. From the 17th century, Akans emerged from what is believed to have been the Bonoman area, to create Akan states, mainly based on gold trading. These states included Bonoman (Brong-Ahafo region), Ashanti ( Ashanti Region ), Denkyira ( Western North region ), Mankessim Kingdom ( Central region ), and Akwamu (Eastern region) . By
6490-571: The British some times in the 100-year-long Anglo-Ashanti wars and eventually lost with the War of the Golden Stool in 1900. In 1947, the newly formed United Gold Coast Convention led by "The Big Six" called for "self-government within the shortest possible time" following the 1946 Gold Coast legislative election . Kwame Nkrumah , a Ghanaian nationalist who led Ghana from 1957 to 1966 as
6608-711: The Delaware Limited Liability Company Act provides that the managers and controlling members of a Delaware-domiciled limited liability company owe fiduciary duties of care and loyalty to the limited liability company and its members. Under the amendment (prompted by the Delaware Supreme Court's decision in Gatz Properties, LLC v. Auriga Capital Corp ), parties to an LLC remain free to expand, restrict, or eliminate fiduciary duties in their LLC agreements (subject to
6726-401: The Executive Council Premier League Division One League RFA Women Football An undercover investigation led by The Telegraph and Channel 4 accused Kwesi Nyantakyi and other officials of the Ghana Federation of match-fixing. According to this investigation however, the allegations involved only international friendlies – thus, the matches the Ghana national team played at
6844-402: The GAF are conceptualised in the constitution, Ghana's Law on Armed Force Military Strategy, and Kofi Annan International Peacekeeping Training Centre agreements to which GAF is attestator. GAF military operations are executed under the auspices and imperium of the Ministry of Defence . Although Ghana is relatively peaceful and is often considered being one of the least violent countries in
6962-480: The GAF to support the United States of Africa ambitions. Thus, in 1961, 4th and 5th Battalions were established, and in 1964 6th Battalion was established, from a parachute airborne unit originally raised in 1963. Today, Ghana is a regional power and regional hegemon . In his book Shake Hands with the Devil , Canadian Forces commander Roméo Dallaire highly rated the GAF soldiers and military personnel. The military operations and military doctrine of
7080-515: The GFA signed an agreement with Decathlon Ghana, making the letter the official retail partner for Black Stars kits and equipment as well as other merchandising products. In September 2022, Access Bank Ghana became official banking partner of the GFA in a US$ 250,000 one-year deal. PUMA is the official kit sponsor of the National Team, MTN is the headline sponsor of the FA cup and StarTimes-official broadcaster. Puma reveals Ghana national Home and Away kits for 2024/2025 The Ghana Football Association
7198-621: The GFA stood dissolved. Due to that the 2018 Ghanaian Premier League was cancelled while FIFA banned Ghana from any international competition till further notice. The GFA was set to reopen in August 2019. Elections were held in October 2019 and out of the six candidates who contested, Kurt Okraku emerged the winner. In November 2019, the Women's League Committee was put together. The team was made up of Hilary Boateng (chairperson), Rosalind Amoh (Vice chairperson), Nana Aba Anamoah , Cleopatra Nsia, Jerry Dogbatse, Nana Poku Fosu Geabour II and Christian Isaac Mensah. In January 2020, Prosper Harrison Addo
SECTION 60
#17327803720267316-424: The GFA's position, and as a result, Tema Youth must pay €150,000 to the GFA. They were also required to pay €688,000 to Young Redbull FC (Paintsil's previous Ghanaian club) and €150,000 to the Ghana League Clubs Association (GHALCA). CAS rejected all claims brought by Tema Youth against Young Red Bull FC and similarly dismissed those targeting the GFA. Tema Youth was also ordered to pay the GFA 4,000 Swiss Francs as
7434-449: The Ghana Football Association (GFA) in a legal dispute involving Tema Youth Football Club over the transfer of winger Joseph Paintsil to Belgian club KRC Genk . Joseph Paintsil joined KRC Genk from Tema Youth in 2018, and a dispute arose regarding the proper application of Article 33(5) C of the GFA statutes, which pertains to the payment of a percentage of training and transfer fees into a football development fund. The CAS ruling upholds
7552-407: The Government of the Gold Coast enacted Ordinance 14, which established the Gold Coast Amateur Sports Council, and granted the Government of the Gold Coast the legal authority to control all amateur Associations, including Football. As the popularity of the game spread throughout the country, the existing clubs met towards the end of 1930 and elected Richard Maabuo Akwei as their chairman. Towards
7670-463: The Guinea coast') and building forts at Fort Komenda and Kormantsi. In 1617, the Dutch captured the Elmina Castle from the Portuguese and Axim in 1642 ( Fort St Anthony ). European traders had joined in gold trading by the 17th century, including the Swedes , establishing the Swedish Gold Coast ( Svenska Guldkusten ), and Denmark–Norway , establishing the Danish Gold Coast ( Danske Guldkyst or Dansk Guinea ). European traders participated in
7788-417: The LLC seriously and enacted their own LLC statutes. By 1996, all 50 states and the District of Columbia had LLC statutes. In 1995, the IRS came to the conclusion that the widespread enactment of LLC statutes had undermined the Kintner regulations, and in 1996 it promulgated new regulations establishing a so-called "check the box" (CTB) entity classification election system that went into effect throughout
7906-405: The LLC, as is the case for all partners of a partnership, annually receives a Form K-1 reporting the member's distributive share of the LLC's income or loss that is then reported on the member's individual income tax return. On the other hand, income from corporations is taxed twice: once at the corporate entity level and again when distributed to shareholders. Thus, more tax savings often result if
8024-405: The President Nana Akufo-Addo , Ghana was "the first sub-Saharan African country to achieve the goal of halving poverty, as contained in Goal 1 of the Millennium Development Goals ". In 1957, the Ghana Armed Forces (GAF) consisted of its headquarters, support services, three battalions of infantry and a reconnaissance squadron with armoured vehicles. President Nkrumah aimed at rapidly expanding
8142-422: The United Nations Kofi Annan , International Criminal Court Judge Akua Kuenyehia , as well as former President Jerry John Rawlings and former President John Agyekum Kufuor , who both served as diplomats of the United Nations. In September 2010, President John Atta Mills visited China on an official visit. Mills and China's former President Hu Jintao marked the 50th anniversary of diplomatic ties between
8260-522: The United States on January 1, 1997. LLCs are subject to fewer regulations than traditional corporations, and thus may allow members to create a more flexible management structure than is possible with other corporate forms. As long as the LLC remains within the confines of state law, the operating agreement is responsible for the flexibility the members of the LLC have in deciding how their LLC will be governed. State statutes typically provide automatic or "default" rules for how an LLC will be governed unless
8378-437: The agricultural sector. The Volta River Authority and the Ghana National Petroleum Corporation , both state-owned, are the two major electricity producers. The Akosombo Dam , built on the Volta River in 1965, along with the Bui Dam , the Kpong Dam and several other hydroelectric dams, provide hydropower . In addition, the government sought to build the second nuclear power plant in Africa . The Ghana Stock Exchange
8496-457: The budget. According to reports, the SDGs were implemented through a decentralized planning approach. This allows for stakeholders' participation, such as in UN agencies, traditional leaders, civil society organizations, academia, and others. The 17 SDGs are a global call to action to end poverty among others, and the UN and its partners in the country are working towards achieving them. According to
8614-531: The coast, culminating in the formation of the first football club, Excelsior, in 1903 by Mr. Briton, a Jamaican-born British citizen who was the then Head Teacher of Philip Quaque Government Boys School in Cape Coast. As the popularity of the game grew, other amateur clubs were formed along the coast, including: Accra Hearts of Oak , Accra Standfast, Cape Coast Venomous Vipers, Cape Coast Mysterious Dwarfs , Sekondi Hasaacas , and Sekondi Eleven Wise . In 1952,
8732-521: The coast. Records indicate that Cape Coast and Accra were the first colonial cities in sub-Saharan Africa to host formal leagues in the Gold Coast . After a weak start in 1915, the league kicked off in 1922 with the Accra Hearts of Oak Sporting Club emerging as winners, taking the coveted Guggisberg shield – named after the progressive British governor of that period and the man who started
8850-550: The colours red, gold, green, and a black star, dates back to this unification. On 1 July 1960, following the Ghanaian constitutional referendum and Ghanaian presidential election , Nkrumah declared Ghana a republic and assumed the presidency. 6 March is the nation's Independence Day , and 1 July is celebrated as Republic Day . Nkrumah led an authoritarian regime in Ghana, as he repressed political opposition and conducted elections that were not free and fair. In 1964,
8968-497: The companies code (Act 179, 1963) as Limited liability companies . The Association was dissolved 'with immediate effect' on 7 June 2018, after undercover journalist Anas Aremeyaw Anas revealed the amount of corruption in the association and Ghanaian football in general. Referees and officials of the association were filmed taking bribes. The Sports Minister Isaac Kwame Asiamah referred to Kwesi Nyantakyi on Accra-based JoyFM as "former president" because all arms and affiliates of
9086-471: The country's first prime minister and president , formed the Convention People's Party in 1949 with the motto "self-government now". The party initiated a "positive action" campaign involving non-violent protests, strikes and non-cooperation with the British authorities. Nkrumah was arrested and sentenced to one year imprisonment during this time. In the Gold Coast's 1951 general election , he
9204-612: The day was instituted as a public holiday in Ghana ( Founders' Day ). The government of Nkrumah was subsequently overthrown in a coup by the Ghana Armed Forces , codenamed "Operation Cold Chop". This occurred while Nkrumah was abroad with Zhou Enlai in the People's Republic of China, on a mission to Hanoi , Vietnam, to help end the Vietnam War . The coup took place on 24 February 1966, led by Colonel Emmanuel Kwasi Kotoka and Brigadier Akwasi Afrifa. The National Liberation Council
9322-520: The first African country to become a developed country between 2020 and 2029 and a newly industrialised country between 2030 and 2039. This excludes fellow Group of 24 member and Sub-Saharan African country South Africa, which is a newly industrialised country. Ghana's economy has ties to the Chinese yuan renminbi along with Ghana's vast gold reserves. In 2013, the Bank of Ghana began circulating
9440-406: The first African country to do so. The country, which was planning to borrow up to $ 5 billion in international markets, would use the proceeds from these sustainable bonds to refinance debt used for social and environmental projects and pay for educational or health. Only a few other nations have sold them so far, including Chile and Ecuador . The country will use the proceeds to forge ahead with
9558-501: The first time, making Ghana the largest gold producer in Africa. In addition to gold, Ghana exports silver , timber, diamonds , bauxite , and manganese , and has other mineral deposits. Ghana ranks 9th in the world in diamond export and reserve size. The government has drawn up plans to nationalize mining industry to increase government revenue. "Shortages" of electricity in 2015 and 2016 led to dumsor ("persistent, irregular and unpredictable" electric power outages), increasing
9676-507: The implied covenant of good faith and fair dealing). Under 6 Del. C. Section 18-101(7), a Delaware LLC operating agreement can be written, oral or implied. It sets forth member capital contributions, ownership percentages, and management structure. Like a prenuptial agreement, an operating agreement can avoid future disputes between members by addressing buy-out rights, valuation formulas, and transfer restrictions. The written LLC operating agreement should be signed by all of its members. Like
9794-423: The index. Ghana ranked as the 64th-least corrupt and politically corrupt country in the world out of all 174 countries ranked and ranked as the fifth-least corrupt and politically corrupt country in Africa out of 53 countries in the 2012 Transparency International Corruption Perception Index . Ghana was ranked seventh in Africa out of 53 countries in the 2012 Ibrahim Index of African Governance . The Ibrahim Index
9912-428: The interest in renewables. As of 2019, there is a surplus of electricity. The judicial system of Ghana deals with corruption, economic malpractice and lack of economic transparency. According to Transparency International's Corruption Perceptions Index of 2018, out of 180 countries, Ghana was ranked 78th, with a score of 41 on a scale where a 0–9 score means highly corrupt, and a 90–100 score means very clean. This
10030-475: The intersection of three hydro-climatic zones. Changes in rainfall, weather conditions and sea-level rise affect the salinity of coastal waters. This is expected to negatively affect both farming and fisheries. In 2015, the government produced a document titled "Ghana's Intended Nationally Determined Contribution". Following that, Ghana signed the Paris Climate Agreement in 2016. Ghana is
10148-621: The kingdom, and inheritance is both patrilineal and matrilineal. The Yaa Naa is the King of Dagbon and the Gundo Naa is the Queen. The kingdom remained uncolonised. In 1896, Germany invaded Eastern Dagbon (Naya) and burnt down its capital, Yendi, during the Battle of Adibo . The Akan -speaking peoples began to move into what later became Ghana toward the 15th century. By the 16th century,
10266-651: The legacy of the ancient empire that once thrived in the wider region. It encapsulated the aspirations of the Ghanaian people for self-governance, progress, and a future marked by dignity and resilience. The earliest recorded kingdoms to emerge in modern Ghana were the Mole-Dagbon states. Before the unification of Dagbon, societies were decentralised, and headed by the Tindaamba (singular: tindana). These decentralised states were unified by King Gbewaa , who lived
10384-421: The members) or as an S corporation (entity level income and loss passes through to the members). Some commentators have recommended an LLC taxed as an S-corporation as the best possible small business structure. It combines the simplicity and flexibility of an LLC with the tax benefits of an S-corporation (self-employment tax savings). Some legal scholars argue that corporate income taxes are intended to limit
10502-647: The middle of 1950, the clubs, spearheaded by Ohene Djan , accused Akwei of maladministration and questioned his ability to help grow Ghanaian Football. They therefore addressed petitions to the Governor of the Gold Coast, Sir Charles Arden-Clarke , and the Pioneer Sports Organizer, Joseph Ranadurai, on the maladministration of the Amateur Football Association by Akwei. While the petition was being addressed, Ohene Djan led
10620-488: The narcotics industry and intercepted narcotics within Ghana, since it is an underground economy . The social context within which narcotic trafficking, storage, transportation, and repacking systems exist in Ghana and the state's location along the Gulf of Guinea makes Ghana an attractive country for the narcotics business. The Narcotics Control Board has impounded container ships at the Sekondi Naval Base in
10738-666: The narcotics industry. President Mills initiated ongoing efforts to reduce the role of airports in Ghana's drug trade. Homosexual acts are prohibited by law in Ghana. According to a 2013 survey by the Pew Research Center , 96% of Ghanaians believe that homosexuality should not be accepted by society. Sometimes elderly women in Ghana are accused of witchcraft , particularly in rural Ghana. Issues of witchcraft mainly remain as speculations based on superstitions within families. In some parts of northern Ghana, there exist what are called witch camps . These are said to house
10856-607: The neighbouring Togo, Benin Republic and Nigeria (around Badagry area). Akan trade with European states began after contact with the Portuguese in the 15th century. European contact was by the Portuguese people , who came to the Gold Coast region in the 15th century to trade. The Portuguese then established the Portuguese Gold Coast (Costa do Ouro), focused on the availability of gold. The Portuguese built
10974-613: The newly formed Executive Council. Ten football administrators emerged as the chosen members for the 12-person Executive Council. This reconstituted council consists of distinguished representatives, including three from the Division One League , two from the Regional Association, one from Women's Football, and the remaining posts filled by members from the Premier League. Below is the full list of
11092-434: The number of shares held by each shareholder). Similarly, when issued in physical rather than electronic form, a document evidencing ownership rights in an LLC is called a "membership certificate" rather than a "stock certificate." In the absence of express statutory guidance, most American courts have held that LLC members are subject to the same common law alter ego piercing theories as corporate shareholders. However, it
11210-400: The operating agreement provides otherwise, as permitted by statute in the state where the LLC was organized. The limited liability company has grown to become one of the most prevalent business forms in the United States. Even the use of a single member LLC affords greater protection for the assets of the member, as compared to operating as an unincorporated entity. Effective August 1, 2013,
11328-428: The output of oil to 2.2 million barrels (350,000 m ) per day and gas to 34,000,000 cubic metres (1.2 × 10 ^ cu ft) per day. The Jubilee Oil Field , which contains up to 3 billion barrels (480,000,000 m ) of sweet crude oil, was discovered in 2007. Ghana is believed to have up to 5 billion barrels (790,000,000 m ) to 7 billion barrels (1.1 × 10 m ) of petroleum in reserves, which
11446-560: The power of corporations and to offset the legal benefits corporations enjoy, such as limited liability for their investors. There is concern that LLCs, by combining limited liability with no entity-level taxation, could contribute to excessive risk-taking and harm to third parties. Although there is no statutory requirement for an operating agreement in most jurisdictions, members of a multiple member LLC who operate without one may encounter problems. Unlike state laws regarding stock corporations, which are very well developed and provide for
11564-555: The qualifying stages. Ghana could not qualified for the 2025 Africa cup of nations for the first time since 2004. Ghana football association apologized to Ghanaians for the Ghana black stars inability to qualify for AFCON 2025. On Thursday 24th October, 2019, representatives from the Premier League, Division One League, and Women's Football came together at the secretariat of the Ghana Football Association in Accra to elect their respective representatives for
11682-550: The region, Ghana has experienced political violence in the past and 2017 has thus far seen an upward trend in incidents motivated by political grievances. The Ghana Police Service and the Criminal Investigation Department are the main law enforcement agencies, responsible for the detection of crime, maintenance of law and order and the maintenance of internal peace and security. The Ghana Police Service has eleven specialised police units, including
11800-442: The renminbi throughout Ghanaian state-owned banks and to the Ghana public as hard currency along with the national Ghanaian cedi for second national trade currency. Between 2012 and 2013, 38% of rural dwellers were experiencing poverty whereas only 11% of urban dwellers were. Urban areas hold greater opportunity for employment, particularly in informal trade, while nearly all (94 percent) of "rural poor households" participate in
11918-616: The senior FIFA World Cup until 2006, Ghana has enjoyed tremendous success at the youth level, winning the FIFA World Under-17 title twice and finishing runner-up twice. Ghana has also finished second at the FIFA World Youth Championship twice. Ghana became the first African country to win a medal in Football at the 1992 Summer Olympics . In 2009, Ghana became the first African country to win
12036-568: The sub-division Borstal Institute for Juveniles administers incarceration. Ghana retains and exercises the death penalty for treason, corruption, robbery, piracy, drug trafficking, rape, and homicide. The new sustainable development goals adopted by the United Nations call for the international community to come together to promote the rule of law; support equal access to justice for all; reduce corruption; and develop effective, accountable, and transparent institutions at all levels. Ghana
12154-524: The sustainability of Chinese-financed projects, environmental impacts, and the lack of transparency in their investments call for a careful assessment of these collaborations. Iranian President Mahmoud Ahmadinejad met with Mahama in 2013 to hold discussions on strengthening the Non-Aligned Movement and also co–chair a bilateral meeting between Ghana and Iran at the Ghanaian presidential palace Flagstaff House . The Sustainable Development Goals (SDG) were integrated into Ghana's development agenda and
12272-636: The teachings of Garvey, Martin Luther King Jr. and the naturalised Ghanaian scholar W. E. B. Du Bois into the formation of 1960s Ghana. Osagyefo Dr. Kwame Nkrumah, as he became known, played an instrumental part in the founding of the Non-Aligned Movement , and in establishing the Kwame Nkrumah Ideological Institute to teach his ideologies of communism and socialism . His life achievements were recognised by Ghanaians during his centenary birthday celebration, and
12390-420: The title Kaya Maghan of the rulers of Wagadu, which translates as ruler of gold . As the Gold Coast colony prepared for independence, the nation's leader and first prime minister later first president Kwame Nkrumah the one who led Ghana to independence, settled on Ghana , aiming to evoke a sense of unity and liberation among the Ghanaian people . The name was a powerful reminder of their shared heritage and
12508-571: The trophy and went ahead again to successfully defend it in Tunisia in 1965. After the 1965 triumph, Ghana hosted and won the 13th AFCON in 1978, and four years later, won it again in Tripoli, Libya. The team have won the AFCON four times (in 1963, 1965, 1978, and 1982), making Ghana the second most successful team in the contest's history, along with Cameroon . Although the team did not qualify for
12626-797: The two nations, at the Great Hall of the People . China reciprocated with an official visit in November 2011, by the vice-chairman of the Standing Committee of the National People's Congress of China , Zhou Tienong who visited Ghana and met with Ghana's President John Mahama . China recently became one of the top investing countries of Ghana, which predominantly focus on infrastructure, natural resources, and manufacturing sectors, have promoted economic growth, job creation, and technology transfer in Ghana. However, concerns regarding
12744-405: The world's third-largest reservoir by volume and largest by surface area, formed by the hydroelectric Akosombo Dam , completed in 1965. The Volta flows out of Lake Volta into the Gulf of Guinea . The northernmost part of Ghana is Pulmakong and the southernmost part of Ghana is Cape Three Points . The climate of Ghana is tropical , and there is wet season and dry season . Ghana sits at
12862-551: Was a project of the Hamilton Brothers Oil Company , which sought to organize its business in the United States with liability and tax advantages similar to those it had obtained in Panama . From 1960 to 1997, the classification of unincorporated business associations for the purpose of U.S. federal income tax law was governed by the " Kintner regulations", which were named after the prevailing taxpayer in
12980-569: Was appointed the General Secretary. It was announced in early January 2020 that the technical crew of all the national teams had been disbanded. This was done with the intention of giving the sport a fresh start and enhancing the performance of the teams. Pursuant to the disbanding, Mercy Efua Tagoe-Quarcoo and Charles Kwabla Akonnor were appointed head coaches of the Black Queens and Black Stars respectively. Mercy Tagoe-Quarcoo
13098-579: Was assisted by Charles Anokye Frimpong and Charles Akonnor by David Duncan . The National Teams Department was added to the outfit of GFA and Mr Alex Asante who is a Deputy General Secretary was appointed as its acting head. In September 2020, the Court of Arbitration for Sport dismissed an appeal by Wilfred Kwaku Osei Palmer which, amongst others, sought to nullify the Ghana Football Association presidential elections conducted in October 2019. In October 2020
13216-542: Was based on perceived levels of public sector corruption. The trans-African automobile route – the Dakar-Lagos Highway passes through Ghana. There are several airports in Ghana . Limited liability companies A limited liability company ( LLC ) is the United States -specific form of a private limited company . It is a business structure that can combine the pass-through taxation of
13334-405: Was described as a "stable democracy". As a result of the 2016 general election , Nana Akufo-Addo became president on 7 January 2017. He was re-elected after a tightly contested election in 2020 . To combat deforestation, on 11 June 2021 Ghana inaugurated Green Ghana Day, with the aim of planting five million trees in a concentrated effort to preserve the country's rainforest cover. Ghana
13452-658: Was elected as the association reconvened upon the completion of the work of the FIFA Normalization Committee. Mark Addo was later elected vice president in November 2019. Kurt Edwin Simeon-Okraku has been re-elected as President of the Ghana Football Association during their 2023 Elective Congress in Tamale in the Northern region of Ghana. The Ghana Football Association (GFA) is the successor to
13570-653: Was elected to Parliament and was released from prison. He became prime minister in 1952 and began a policy of Africanization. At midnight of March 6, 1957, the Gold Coast, Ashanti, the Northern Territories, and British Togoland were unified as one single independent dominion within the British Commonwealth under the name Ghana. This was done under the Ghana Independence Act 1957 . The current flag of Ghana , consisting of
13688-577: Was formed, chaired by Lieutenant General Joseph A. Ankrah . A series of alternating military and civilian governments, often affected by economic instabilities, ruled Ghana from 1966, ending with the ascent to power of Flight Lieutenant Jerry John Rawlings of the Provisional National Defence Council in 1981. These changes resulted in the suspension of the constitution in 1981 and the banning of political parties . The economy soon declined, so Rawlings negotiated
13806-700: Was necessitated by the high-handed rule of King Agorkorli (Agɔ Akɔli) who was the reigning monarch of the tribe at that time. The Ewe in Ghana speak three principal dialects: Anlo(along the coast),Tongu(along the Volta river) and Ewedome (in the hill country side).The Ga-Dangme occupy the Greater Accra Region and parts of the Eastern Region, while the Ewe are found in the Volta Region as well as
13924-530: Was transferred from one legitimately elected head of state and head of government to another. Nana Akufo-Addo , the ruling party candidate, was defeated in a very close 2008 general election by John Atta Mills of the National Democratic Congress . Mills died of natural causes and was succeeded by Vice President John Mahama on 24 July 2012. Following the 2012 general election , Mahama became president in his own right, and Ghana
#25974