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Digital Banking
Unlock the potential of digital banking with our expert insights and tips. Stay updated on the latest trends and innovations to manage your finances efficiently.
BoG Warns Public Against Fake Foreign Investment Scams
The Bank of Ghana (BoG) has issued a strong warning to the public against fraudsters posing as foreign investors and enticing victims with promises of large financial returns.
In a public notice, the central bank said these scammers are…
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MTN Ghana to Restructure Mobile Money Business, Create New FinTech Company
MTN Ghana, operated by Scancom PLC, has announced plans to restructure its mobile money subsidiary, MobileMoney Limited (MML), in a move to align with Ghana’s Payment Systems and Services Act of 2019.
The new arrangement will see MML…
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BoG to Regulate Cryptocurrencies by September 2025- Governor Asiama
The Bank of Ghana (BoG) is set to begin regulating cryptocurrency platforms and virtual asset providers by September 2025, marking a significant policy shift in the country’s approach to digital finance.
Governor Dr. Johnson Asiama made…
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Dan Sackey is new Board Chair at Calbank
CalBank PLC has announced the appointment of new board members with Daniel Nii Kwei-Kumah Sackey as the Chairman of the Board of Directors, effective 20th March 2025, following approval by the Bank of Ghana and endorsement by shareholders.…
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MTN CEO: E-Levy Cannot Be Scrapped Instantly Without Approval
The Chief Executive Officer of MTN Ghana, Stephen Blewett, has clarified that the removal of the Electronic Transfer Levy (E-Levy) cannot take effect immediately, despite President John Dramani Mahama’s recent approval to scrap the tax.…
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ACCA Orbit 2025 delves into Artificial Intelligence’s impact on the accounting profession
The Association of Chartered Certified Accountants (ACCA) has reinforced its commitment to equipping finance professionals with future-ready skills by hosting ACCA Orbit 2025, a summit focused on the role of artificial intelligence (AI) in…
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Prudential Bank donates to Muslims in Tamale to commemorate Eid
Prudential Bank Tamale Branch, on behalf of the bank, has donated GH¢10,000 to the Kukuo Laststop Jummah Mosque in Tamale to support Muslims in the area in commemoration of this year’s Eid-ul-Fitr.
The three-member delegation led by the…
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Finance Minister Ato Forson: ‘Taxpayer Cannot Afford ₵53 Billion for BoG’
Finance Minister Dr. Cassiel Ato Forson has made it clear that the government will not use taxpayer money to recapitalise the Bank of Ghana (BoG), following reports of a ₵53 billion bailout agreement signed under the previous…
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BoG Governor Dr. Ernest Addison Proceeds on Terminal Leave
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, will officially proceed on terminal leave from Monday, February 3, 2025, ahead of his retirement on March 28, 2025.
Sources within the central bank confirm that Dr. Addison, who…
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Attorney General Drops All Charges Against Former BoG Deputy Governor Johnson Pandit Asiama
The Attorney-General, Dominic Ayine, has filed a notice to withdraw all charges against former Second Deputy Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, who has been standing trial in two separate cases for his alleged role in…
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