Ghana
Ghana: MTN Introduces EVD for Pre-Paid Customers
MTN Ghana has introduced an Electronic Voucher Distribution (EVD) Denomination Change to enable pre-paid customers who purchase airtime from retailers to receive the ...
Ghana
Ghana: Mobile Application System to Ease Filing, Payment of Tax in the Offing
The government is to introduce a measure to ease the filing and payment of tax to boost its revenue generation. The mobile tax ...
Ghana
Ghana: Banking Sector Clean-Up – Gh¢1.09 Bn ‘Bad’ Transactions By MFIs, SDIs Uncovered – BoG
An amount of GH¢1.09 billion involved in related party transactions by the defunct Micro Finance Institutions (MFIs) and Specialised Deposit-Taking Institutions (SDIs) has ...
Ghana
Ghana: Ghana Increases Lending Rate to 22% at Emergency Meeting
Ghana’s apex bank raised its primary lending rate by 300 basis points to 22% at an “emergency” meeting called to address the economy’s ...
Ghana
Ghana: Central Bank Digital Currency to Promote Financial Inclusion – BoG
The introduction of the Central Bank Digital Currency (CBDC) will promote financial inclusion and build the digital payment industry, the Assistant Director, Fintech ...
Ghana
Ghana: We haven’t banned dollar account – BoG
The Bank of Ghana has dismissed reports that it has banned the opening of dollar accounts. In a public notice, the Central Bank ...
Ghana
Ghana: Fitch further downgrades Ghana to ‘CCC’
Fitch Ratings has further downgraded Ghana’s long-term foreign-currency (LTFC) issuer default rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade comes on the back of ...
Ghana
Ghana: Ghana’s Float Acquires Nigeria’s Accounteer to Enhance Accounting Practices for SMEs
Ghana-based, Float, focused on helping businesses manage cashflow, has acquired Accounteer, a Nigerian cloud-based accounting company. The deal, which follows Float’s $17 million ...
Ghana
Ghana: eCedi will serve as fulcrum to digital financial inclusion – BoG
The Assistant Director-Fintech Promotion and Innovation at the Bank of Ghana, Clarence Blay, says the central bank’s digital currency (the eCedi) will serve as ...
Ghana
Ghana: BoG to purchase gold from local companies from September 1
Vice President Mahamudu Bawumia has disclosed that the government would begin the purchase of gold from local gold mining companies from September 1, 2022. This ...