Charges on mobile money transfers below GH¢ 100 have been scrapped by the Bank of Ghana (BoG) effective Friday, March 20, 2020 for the next three months. This follows an agreement between the Central Bank and the mobile network operators to promote the use of digital platforms for payments. The directive, subject to review however, excludes cash … Read more
NDC Member of Parliament for Bolgatanga Central Isaac Adongo has said there’s no financial sector in Ghana anymore following the “one-sided” clean-up of the challenges in the sector by the Bank of Ghana. According to him, the financial sector is under predatory regulatory and fiscal attack aimed at “bringing a section of the financial sector … Read more
After cleaning up the banking sector, the Bank of Ghana (BoG) is now set to raise GH¢7 billion from the government to support distressed savings and loans companies and other finance houses. In an exclusive interview with the Governor of the Bank of Ghana, Dr Ernest Addison, at the ongoing Spring meetings of the IMF … Read more