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High Transaction Costs Stifling SMEs In Africa – Deputy BoG Governor
The Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, says high transaction costs driven by inefficient payment systems are suffocating the growth of small and medium-sized enterprises (SMEs) across Africa.
She warned…
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Gov’t To End Export Of Raw Gold Soon- Ato Forson
Finance Minister Dr Cassiel Ato Forson has announced that the government will soon end the export of raw gold as part of efforts to promote local value addition and strengthen Ghana’s gold processing industry.
He disclosed that significant…
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BoG Rolling Out Fintech Passport, Digital Infrastructure To Boost Cross-Border Payments – Deputy…
The second Deputy Governor of the Bank of Ghana (BoG), Matilda Asante Asiedu, says the central bank is rolling out a range of regulatory and digital infrastructure initiatives aimed at strengthening cross-border payments and supporting…
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Buffer Stock CEO: 14 Companies Licensed to Supply Food Commodities
Fourteen (14) companies have so far been licensed by the National Food Buffer Stock Company (NAFCO) to supply food commodities under its current procurement framework, the Chief Executive Officer, George Abradu-Otoo, has said.
The licensed…
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Spain Announces Plans To Ban Social Media For Under-16s
Spain has become the latest European country to make plans to ban social media for children under the age of 16.
"We will protect them from the digital Wild West," Prime Minister Pedro Sánchez said at the World Governments Summit in Dubai…
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Telna Launches $100 Million Fund to Drive Global Adoption of Travel eSIMs
Telna, the world’s largest travel eSIM enablement platform, has announced the launch of a $100 million dedicated investment fund aimed at accelerating the global adoption of digital-first, direct-to-consumer travel eSIM brands and…
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Onafriq and PAPSS to Launch First Wallet-Based Outbound Payments Pilot from Nigeria to Ghana via…
Onafriq Nigeria Payments Ltd, a CBN-licensed payment service provider, partners with The Pan-African Payment and Settlement System (PAPSS) to pilot the continent’s first wallet-based outbound payments from Nigeria to Ghana – fully in Naira…
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PayPal Appoints New CEO As Results Disappoint
PayPal has appointed Peter Lores from HP as its new CEO, amid board concerns that the brand is failing to counter the competitive threat from big tech companies like Apple and Google.
Lores, who has served on the PayPal Board for nearly…
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State Housing, Ecobank Partner to Tackle Ghana’s 2-Million Home Deficit
The Deputy Managing Director of the State Housing Company Limited (SHCL), Samuel Atukwei Quaye has reiterated the company’s commitment to helping address Ghana’s estimated two million housing deficit, announcing a strategic partnership with…
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Government to Rename Kotoka International Airport as Accra International Airport
Majority Leader Mahama Ayariga has revealed that the government plans to rename Kotoka International Airport as Accra International Airport.
The announcement signals a major change to one of the country’s most recognisable national…
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