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Mobile renewal of health insurance in Ghana increases by 80%

Mr Bernard Brown, Greater Accra Regional Director of National Health Insurance Scheme (NHIS), has said that there has been 80 percent increase in mobile renewal cases in the NHIS as at March 31, 2020. “Mobile renewal has decreased crowded offices, long queue due to this innovation, making it easier to …

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The regulatory compliance of FinTech in Ghana

Background The digitalization of financial services has been on the rise globally, partly to support the financial inclusion agenda as well as to address the changing needs of customers. This call to advance financial inclusion across the globe especially in developing and emerging economies has rendered the issue of regulatory …

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ISOC Ghana gets new executive committee

A four-member executive committee of the Internet Society Ghana Chapter (ISOC Ghana) has been inaugurated in Accra to steer the affairs of the Society for the next two years. Mr Francis Acquah Amaning, a Systems Administrator at the Domain Name Registry, is the President of the executive committee. Members include …

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GhIPSS Express records 51% growth first quarter 2020

Express ACH Direct Credit recorded a 51 per cent growth in its volume of transactions in the first quarter of this year compared to the same period in 2019. It recorded a total of 286,516 transactions from January to March this year compared to 189,587 for the same period in …

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Fee waiver for digital banking transactions extended to June 20

The Ghana Association of Bankers (GAB) and the Ghana Interbank Payment and Settlement Systems (GhlPSS) have agreed to extend the waiver of fees on digital banking platforms to June 20, 2020. The waiver of fees, which took effect on March 23, 2020 was part of measures put in place to …

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Court sets June 23 to rule on phone information sharing

An Accra High Court has fixed June 23, to rule on an interlocutory injunction filed on the suit challenging Presidential directives over the Emergency Instrument (EI 63), which seek to violate the rights of mobile phone users. Mr. Justice Stephen Oppong also fixed June 15 for all parties who wish …

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Global Press Conference incorporated into IFA 2020 in response to COVID-19 pandemic

The global pandemic, COVID-19 has left the entire world reeling in all areas of life – social and economic. In response to the pandemic, various protocols have been adopted including the banning of events that host large gatherings – social distancing has been established as one of the means to …

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Government launches policies for financial inclusion and digital payments

The Ministry of Finance has launched three policy initiatives designed to deepen financial inclusion and accelerate the shift to digital payments. As part of the launch, the Ministry presented the government’s vision of building a highly digitized payment system that accelerates economic development and drives inclusive growth. The National Financial …

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MTN Group reports 11% rise in service revenue in first quarter

MTN Group has announced an 11-percent rise in service revenue in the first quarter ended 31 March 2020. Mr Rob Shuter, MTN Group President and CEO Speaking on the results in a statement, said ‘The effects of the COVID-19 pandemic on the global economy have brought about unprecedented uncertainty, volatility …

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