BoG steps up crackdown on undeclared foreign currency

Universal Merchant Bank (UMB) has become the first bank in Ghana to receive approval from both the Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) to offer virtual accounts to eligible businesses operating within the emerging virtual asset ecosystem.

The Ghana Association of Savings and Loans Companies (GHASALC) is developing an inclusive instant payment platform powered

GCB Bank has welcomed the inauguration of the Non-Interest Financial Advisory Council (NIFAC) by the Bank of Ghana, describing it as an important milestone in Ghana’s journey towards a more inclusive, innovative and diversified financial system.

The Bank of Ghana is using Artificial Intelligence and machine-learning tools to strengthen inflation and growth forecasts as it seeks to reduce the time it takes for policymakers to identify shifts in economic conditions and respond to emerging risks.

Ghana’s oil palm industry is facing mounting pressure from the influx of smuggled and uncertified vegetable oils,

The domestic downstream petroleum sector is facing mounting margin and working-capital pressures after the National Petroleum Authority (NPA) sharply increased indicative price floors for petrol,

Ghana’s economic recovery risks falling short of broader transformation unless the country addresses deteriorating roads, a near-collapse of its rail network and weaknesses in transport-sector governance, the World Bank has said.

The Ghana Tourism Authority (GTA) has partnered AFRICA’s BRAIN BANK to support a six-day international summit in September that will culminate in the groundbreaking for a proposed Historic Medical City in Ada, positioning the project at the intersection of healthcare development, investment and medical tourism.