Analysts remain divided over the likely outcome The Monetary Policy Committee (MPC) of the Bank of Ghana will, once again, be confronted with a difficult decision regarding determination of the policy rate for the next few months, as economic conditions are not favourable for the regulator to reduce the...
Vice President Dr. Mahamadou Bawumia has launched the 100 days to 2021 census night, which will effectively take certain important data of the country. The data the census will take include the total number of persons living in the country; the gender mix; the age mix; birth and death and...
framework in the offing says SEC will be firm on enforcing disclosure Conditions are ripe for the introduction of green bonds unto the market, as the Securities and Exchange Commission (SEC) has disclosed plans to introduce rules that will guide the issuance of green bonds in the country. This, according...
According to data reported by the Ghana Interbank Payment and Settlement Systems (GhIPSS), transaction volume and value across the Mobile Money Interoperability (MMI) platform soared by 420 percent and 591 percent respectively. The explosive growth of digital payment platforms following COVID-19 notwithstanding, one cannot lose sight of the fact that...
…petitions Parliament to investigate BoG, GSE   Former Chief Executive Officer (CEO) of UT Bank, Prince Kofi Amoabeng, and Founder of uniBank, Dr. Kwabena Duffuor have petitioned Parliament over the revocation of their banking licenses during the financial sector cleanup exercise. This was contained in Parliament’s Business Statement. According to the document,...
ARB Apex Bank has been admitted to the Ghana-Sweden Chamber of Commerce at a colourful ceremony in Accra. Pearl Delali Dorledzi, President of the Ghana-Sweden Chamber of Commerce (GSCC) who led a delegation to present the certificate of membership revealed that “ARB Apex Bank has been admitted to the Platinum...
The new taxes slapped on banks and other businesses will further create a challenging economic environment and add additional cost to their operations, auditing giants KPMG has said in its post budget analysis. A report released by KPMG on the 2021 budget states that even though the newly introduced taxes...
A former Deputy Finance Minister, Dr. Casiel Ato Forson, has said that the imposition of new taxes and increments on some will take a toll of households and the private sector - which may result in making it difficult for them to pay back loans they took from banks,...
Director of Marketing and Corporate Relations at Absa Bank Ghana, Nana Essilfuah Tamakloe, has underscored the need for women in leadership to build a network of support systems if they are to be effective and successful in their roles. She was speaking at a virtual summit organised by Touchpoint Magna...
The Bank of Ghana has granted Global Accelerex Ghana Limited - a payment service provider and platform operator - an enhanced Payment Service Provider (PSP) licence under the Payment Systems and Services Act, 2019 (Act 987). The licence permits Global Accelerex to offer POS devices and applications agency banking platforms,...

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