Accra to host Black Star Marathon in July 2024

Industry leaders say stablecoins are set to reshape payment ecosystems by improving the speed and efficiency of cross-border transactions, while calling for balanced regulation to support innovation and protect consumers.

Rising debt defaults are placing growing pressure on businesses across the country, with unpaid loans and trade debts straining cash flow, weakening balance sheets and contributing to the collapse of some financial institutions, according to debt-recovery firm Rosik Consults Limited.

The Bank of Ghana (BoG) should introduce minimum fraud control standards specifically tailored for payment service providers (PSPs) to strengthen safeguards across the digital payments ecosystem, financial markets expert and University of Ghana Business School part-time lecturer Norman Adu Bamfo has said.

Ecobank Ghana has donated relief items valued at over GHS257,000 to support individuals and families in communities affected by the recent floods that impacted Accra and several other parts of the country.