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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

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GhIPSS to work with stakeholders to ensure telcos interoperability

bycitibusinessnews
March 23, 2017
in Banking And Finance, Business, Government, Local Economy, TECHNOLOGY, Top Stories
Mr. Archie Hesse -CEO; GhIPSS

Mr. Archie Hesse -CEO; GhIPSS

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The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse, says he will work with stakeholders to enable telcos to become interoperable by the end of the year.

He was reacting to a challenge thrown by the Vice President of the Republic of Ghana, Dr. Mahamudu Bawumia, that stakeholders should ensure the interoperability of telcos within six months.

When telcos become interoperable, customers will be able to send and receive mobile money across the different mobile phone networks.

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The Vice President, speaking at the 5th Economic Outlook and Business Strategy Conference held in Accra, urged GhIPSS, banks and telecommunication companies to ensure that there is interoperability between Ghana link, which is a GhIPSS platform, the e-zwich platform and the mobile telephone platforms.

He said this was important in advancing the electronic payment agenda.

And when he took his turn at the conference, Mr. Hesse agreed that interoperability among telcos was extremely important.

He said its absence was inimical to the goal of financial inclusion through mobile money. He said GhIPSS was going to meet with key stakeholders to work together to meet the six-month deadline.

GhIPSS currently has the infrastructure that supports interoperability among banks and this technology could be extended to also cover the telcos.

–

By:  citibusinessnews.com/Ghana

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