Retail banking giant Wells Fargo has fixed problems in its 2015 bankruptcy plan and will now be allowed to open new international branches, US banking regulators said Monday. The reprieve comes a day...
Ghana and Zambia have become the newest members of the African Financial Markets Initiative (AFMI) Ghana and Zambia have become the newest members of the African Financial Markets Initiative (AFMI),...
The Chief Executive of the Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse has encouraged the public to ask for instant pay services from their banks and also patronise mobile...
The Ghana Revenue Authority (GRA) has served notice it will confiscate the properties of Ibrahim Mahama – a brother of former President John Mahama – in two weeks if he fails to settle a...
The Ghana Revenue Authority (GRA) has served notice it will confiscate the properties of Ibrahim Mahama – a brother of former President John Mahama – in two weeks if he fails to settle a Gh¢...
Players in the financial inclusion space have intensified efforts aimed at reducing the number of unbanked population in Ghana. A recent study conducted by the Financial Sector Deepening Africa has...
The Ghana Revenue Authority (GRA) says it has asked two companies owned by Mr. Ibrahim Mahama to clear their indebtedness to the Authority earlier than originally planned. Assistant Commissioner for...
The Chief Executive of the Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse has encouraged the public to ask for instant pay services from their banks and also patronise mobile...
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
Some financial institutions have assured customers of lower cost of services with the implementation of the scrapping of the 17.5 percent VAT on financial services. They contend that the development...
The Chief Executive Officer of the Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse has encouraged the public to patronise instant pay and mobile money services from their...
Money transfer service provider, MoneyGram, has reiterated its commitment to providing competitive services to give value for money for its numerous customers. According to MoneyGram the increased...
The Bank of Ghana(BoG) has cancelled the auctioning of dollars to banks in the country. The central bank in January this year announced plans to release $120 million onto the market for the first...
As part of measures to promote quick and easy banking in Ghana, Universal Merchant Bank (UMB) has launched its instant visa cards. The move seeks to provide customers visa cards in a matter of...
At 80, many would have thought the chances of winning an award would be slight or never come to pass. It was a sight of shock and excitement when Love Oduro emerged the winner of MoneyGram’s Ghana...
Some banks in the country have begun complying with the directive from the Ghana Revenue Authority (GRA), ordering them to stop charging VAT on financial services. The banks have started sending...
A private banking consultant, Ms Nilla Selormey, has reiterated the need for Africa to develop a diaspora strategy that will utilise skills of returnees to harness opportunities in the continent. She...
The power of witch-hunting allegation as a tool of stalling investigations in polarized political systems such as ours in which state institutions are begging for reforms is beyond imagination. It is...
The Universal Merchant Bank (UMB) has reiterated its commitment to provide customers with speed banking to meet their changing need with the introduction of instant visa card. It is believed the move...
