Ghana risks being sanctioned by the International Monetary Fund (IMF) for failing to disclose full financial data to the fund at the time it signed onto the three-year Extended Credit Facility (ECF),...
The current Payment system in Ghana refers to the entire matrix of institutional infrastructure arrangements and processes in a country set up to enable economic agents (individuals, businesses,...
It appears President John Dramani Mahama is not in a hurry to vacate the official residence of the Vice President at East Cantonments area of Accra, after spending huge sums of money to furnish his...
A chartered accountant, Cudjoe Akpabey, says political interference in the work of state institutions is to be blamed for corruption in the country, which he has described as endemic. Mr Akpabey, who...
The Bank of Ghana (BoG) has awarded a multi-billion-cedi contract to Sibton Switch Systems Limited to implement a retail payment system infrastructure in Ghana. The contract, which is seen by many...
Telecom operators have strongly opposed any attempt by the government to tax mobile money services in the country. They argue that the move will be shooting down government’s efforts at achieving a...
“We are no longer in the campaign season, the election is over. Now it’s time to rule the nation with seriousness. When they were in opposition, Dr Bawumia will always lambast the government...
The National Democratic Congress (NDC) has disputed the allegation made by Vice President Alhaji Dr Mahamudu Bawumia that the ex-President John Dramani Mahama, approved 13.9 million dollars for an...
Funds transfer and electronic payment in Ghana is expected to be enhanced soon when the Retail Payment Systems Infrastructure project takes off. Interoperability from a financial perspective involves...
The National Democratic Congress (NDC) has disputed the allegation made by Vice President Alhaji Dr Mahamudu Bawumia that the ex-President John Dramani Mahama, approved 13.9 million dollars for an...
The money transfer market and the electronic payment system is expected to receive a major boost with the deployment of a new retail payment systems infrastructure that will soon be rolled out. The...
The Monetary Policy Committee (MPC) of the Bank of Ghana maintained its prime rate despite a potential drop forecast by economists. The policy rate which stood at 25.5 percent in November last year...
Sibton Switch Systems, the company given the contract to enhance interoperability in mobile money transactions across telecom networks by the Bank of Ghana, has justified the GHc 4.6 billion cost of...
New GHC5 notes will be circulation from March 4 The Bank of Ghana (BoG) is planning to put into circulation the new GHC5 notes from March 4. The notes which are being issued in line with the Bank of...
The majority caucus in Parliament has described as unethical and dangerous the National Democratic Congress’ (NDC) justification of the GH¢7 billion expenditure which the Vice-President, Dr...
The Ghana Stock Exchange (GSE) is proposing the listing of companies under government’s “One District One Factory” policy on its exchange via the Alternative Market (GAX). Managing Director of...
Presidential staffer, Elvis Afriyie Ankrah has described as “backwardness and ridiculous nonsense” the seizure of cars from appointees and members National Democratic Congress (NDC) by...
The Majority NPP Caucus has described as dangerous attempts by the Minority NDC to discredit the Vice President, Dr. Mahamudu Bawumia’s claim of a missing GHC7million from the government’s...
The Majority in Parliament has expressed fears that purported GHc 7 billion unaccounted expenditure by the previous National Democratic Congress (NDC) administration, could compromise the...
The Majority in Parliament has expressed fears that purported GHc 7 billion unaccounted expenditure by the previous National Democratic Congress (NDC) administration, could compromise the...