appsNmobile Solutions, a fast-growing Ghanaian payment service aggregator, has received a Payment Service Provider Enhanced Licence from the Bank of Ghana. The award of licence follows passage of the Payment Systems and Services Act, 2019 (Act 987), which mandates all payment service providers to meet set minimum capital requirements, governance...
In a panel discussion on infrastructure development in Africa, at the launch of the 2025 Africa Prosperity Dialogue, Mrs. Abiola Bawuah, the Executive Director and CEO of UBA Africa, emphasized the availability of funding to support the expansion of infrastructure across the continent. Mrs. Bawuah highlighted the presence of regional,...
Senior Manager, Information Security and Governance-MTN, Jacqueline Hanson Kotei, has charged small- and medium-sized enterprises (SMEs) to adopt good cybersecurity practices. She made this call at the just-ended MTN Business Breakfast meeting themed Cybersecurity and digital transformation for SMEs. It aimed to educate SMEs on the importance of cybersecurity. "We all want...
In contributing to the nation’s development by seeing to the continues expansion of the nation’s infrastructure and increase in job creation, the Standard Chartered Bank Ghana Limited has committed to always complying with Ghana’s tax laws. According to the bank, it is time to push for more and continues economic...
To successfully teach, a teacher must first understand their students. There is no better place to witness this fact at play than when it comes to kids. To teach a child, you must play to their competitive advantages and their interests. During these formative years, their brains are not as...
…over money laundering activities The Bank of Ghana (BoG) has withheld large sums of money suspected to have been laundered from abroad by some foreign counterparts remitted to certain individuals and businesses in the country, thereby, further reporting such cases to the Economic and Organised Crime Office (EOCO) to...
The President of the Ghana Football Association (GFA), Kurt E.S. Okraku, has paid a courtesy call on the Chief Executive of First National Bank Ghana, Dominic Adu. The visit was to seek support from First National Bank in the development of Ghana’s football, foster a mutually beneficial relationship between the...
A Bank of Ghana report has revealed serious lapses in the structures, systems and processes in place to promote consumer protection and the early resolution of customer complaints, as poor and unfair customer service has been going on in the banking industry for a long time. Dr. Richmond Akwasi Atuahene,...
Many people are leveraging on the innovation of digital currencies otherwise known as cryptocurrencies to transform lives by lifting people, especially the rural poor, out of poverty. This was disclosed by Abdul Kudus Mutaru, a cryptocurrency operator and co-founder of Dash Digital Cash, at the third edition of the...
… on-site testing scheduled for May All is set for Ghana to be removed from the European Union’s (EUs) list of countries with high levels of deficiencies in their Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) regimes, Head, Financial Stability at the Bank of Ghana (BoG), Dr. Joseph France,...