Ghana
Ghana: Mobile money remains critical tool for financial inclusion drive in Ghana – Survey
Mobile Money remains a critical driver of Ghana’s financial inclusion drive, according to a new survey, by the Ministry of Finance and some ...
Ghana
Ghana: Financial inclusion has seen significant growth
Ghana’s financial inclusion has seen significant growth in recent years, according to the 2021 Financial Services Demand-Side Survey Report. The survey found that ...
Ghana
Ghana: Government is creating a startup legislation to cushion ICT sector- Communications Minister
The Minister for Communication and Digitalization Ursula Owusu Ekuful has indicated that government is developing a startup legislation to ensure the development of ...
Ghana
Ghana: Parliament approves reduction of E-levy rate to 1%, rejects removal of GH₵100 threshold
Parliament has approved an amendment to the Electronic Transaction Levy (E-levy) Act on Wednesday, December 21, 2022. Government during the presentation of the ...
Ghana
Ghana: S&P downgrades Ghana to further default status after Eurobond payment suspension
S&P Global Ratings has cut Ghana to default following the country’s announcement of a suspension of debt payments. According to a Bloomberg report, ...
Ghana
Ghana: Banks’ capital adequacy ratio falls due to investment losses – BoG
The Capital Adequacy Ratio (CAR) of banks fell to 14.2% in October 2022 due to investment losses by some banks as a result ...
Ghana
Ghana suspends debt service payments of its Eurobonds
Ghana has announced a suspension of debt service payments for its Eurobond loans, commercial loans, and its bilateral debts. The Ghanian ministry of ...
Ghana
Ghana: BoG to develop framework to regulate crypto currency – Dr. Addison
The Bank of Ghana (BoG) is to develop a comprehensive framework to regulate the digital asset industry, Governor, Dr Ernest Addison, has said. The move, he ...
Ghana
Ghana: GRA retrieves over US$93 million revenue via informants’ scheme
The Ghana Revenue Authority has recovered in excess of US$ 93 million and an additional GH¢421million from multinational and local companies operating in ...
Ghana
Ghana: Cross-border payments company suspends cedi transfers
Ghana’s local currency – Cedi – has been suspended by cross-border payments company, Wise (WISEa.L), after its appreciation against major trading currencies, especially ...