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Bank of Ghana to close down unlicensed microfinance institutions
The Bank of Ghana (BoG) has warned that it will not allow microfinance Institutions (MFIs) to promise unsustainable interest rates on deposits of their customers and would move to close down unlicensed ones.
Mr. Raymond Amanfu, Head of…
Africa records 55.8 million international arrivals, earns $36.4b in 2014
The African continent recorded 55.8 million International arrivals in 2014 and generated an income of $36.4 billion.
African tourism Ministers were excited about the contribution of the tourism sector to the socio-economic development of…
EC asks parties to submit report on voters register
The Electoral Commission (EC) has asked political parties to submit a detailed report by September 22 on their positions on the current voters’ register after the New Patriotic Party lodged a complaint about its credibility.
The…
Mine accidents down by 39% – Ghana Chamber of Mines
Accidents recorded at mines across the country in 2014, indicate a 39 per cent decline over the 2013 figure, Mr Sulemanu Koney, Chief Executive Officer of the Ghana Chamber of Mines, has announced.
He said annual non-injury incidents in…
Obuasi Developments on course – AngloGold Ashanti Ghana
AngloGold Ashanti says its Obuasi deeps decline development and the resource enhancement drilling programme are on track.
The company said in a statement on Thursday that the feasibility study was on course and was currently being…
Ghana to host annual WAANSA conference on small arms
Ghana is to host Civil Society Organizations under the West African Action Network on Small Arms (WAANSA) to take stock of peace and security issues in the ECOWAS region and the role its members play.
The WAANSA conference, slated for…
West African capital markets integration underway
The first direct trade between Ghana and Nigeria under the phase one of the West African Capital Markets Integration Council (WACMIC) has successfully been completed.
The WACMIC is the apex governance organ for integrating the West…
GhIPSS launches two payment services
The Ghana Interbank Payment and Settlement Systems (GhIPSS) on Wednesday launched two major payment services: the gh-link e-Commerce and the GhIPSS Instant Pay.
The gh-link e-Commerce would provide the platform for local businesses both…
Mobile money transaction needs forensic audit – Finance expert
Mr Samuel Thompson Essel, Chief Executive Officer, Financial Intelligence Centre on Thursday called for a comprehensive audit of mobile money platforms in the country.
“This may include financial audit, AML (anti-money laundering) audit…
SEND Ghana supports communities to boost soyabean production
Social Enterprise Development Foundation Ghana, an NGO, has embarked on a strategic mission to retool and project the production of soya bean in 130 communities in the Northern and Volta Regions.
The beneficiaries are…