Category: Top Stories
-
BoG issues out new directives for banks on digital financial services
The Bank of Ghana has issued a strong warning to banks and specialized deposit-taking institutions to ensure fairness and transparency in the delivery of information via digital platforms. This new directive is contained in the Disclosure and Transparency Guidelines for digital financial services and products provided by these parties. The proliferation of mobile devices and…
-
Ghanaians tasked to take advantage of self-service app to complete SIM re-registration
Ghanaians who have not re-registered their SIM cards and have started facing difficulties with some call and data services are being urged to take advantage of the self-service SIM registration app to complete the process. The National Communications Authority has instituted punitive measures for defaulting subscribers ahead of the deadline in a few weeks’ time.…
-
Double charges on SIM card self-service app being refunded – NCA
The National Communications Authority has begun refunding monies to persons who were charged double the amount for using the SIM re-registration App. The Authority rolled out the SIM card re-registration self-service app on the Google Play Store to provide an alternative for telecom subscribers to complete their SIM card re-registration at a GH¢5 charge. But…
-
Food scientists push for stronger collaboration to ensure resilient food systems
Food scientists are calling for a stronger collaboration between government, producers and consumers to help ensure a more resilient food system. In Ghana, it is estimated that 2.5 percent of the population suffer from food-borne illness each year. This is according to the Ministry of Food and Agriculture and a World Bank report. Recently, a…
-
Economist sceptical about govt’s chances of securing IMF deal by end of year
Financial Economist, Prof Lord Mensah, is sceptical about government’s chances of tying down a bailout program with the International Monetary Fund (IMF) in the last quarter of this year. This comes after the Managing Director of IMF, Kristalina Georgieva, in a meeting with the President of Ghana recently assured that a deal between Ghana and…
-
New IMF Mission Chief for Ghana arrives in Ghana, meets Ofori-Atta and 1st Deputy Governor
The new International Monetary Fund, IMF, Mission Chief for Ghana, Stéphane Roudet, has paid a courtesy call on the Minister for Finance, Ken Ofori Atta and the first Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku Afari. Stéphane Roudet is in the country following his appointment as the new IMF Mission Chief for…
-
Avoid issuing dud cheques, securing loans will be adversely affected – BoG
The Bank of Ghana is cautioning customers of banks who issue dud cheques to desist from that since it adversely affects their credit report and chance of securing a credit facility with any financial institution. The warning was captured as part of the Central Bank’s financial literacy program dubbed “Improving Your Credit Worthiness”. It is…
-
Ghana-IMF $3bn deal to be finalised before end of year – IMF boss
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has stated that a deal between Ghana and the IMF should be reached and finalized before the end of the year. In a closed-door meeting with the President of the Republic, Nana Addo Dankwa Akufo-Addo, on Monday, 5th September 2022, on the sidelines of…
-
Stronger regional cooperation between tax authorities critical to success of AfCFTA
The Commissioner-General of Ghana Revenue Authority, Rev Dr. Ammishaddai Owusu-Amoah has underscored the need for deepened regional cooperation between tax authorities of member states of the African Continental Free Trade Area (AfCFTA) agreement, as part of efforts to ensure its success. This, he believes will be critical in preventing tax evasion and aid in detecting…
-
Ghanaians express concern over NCA’s latest directive on SIM re-registration
Some Ghanaians have raised concerns over the latest directive by the National Communications Authority on the SIM re-registration exercise. The authority announced that Persons who are yet to commence re-registration of their SIM cards or yet to fully complete the process will begin to experience interruptions in their service for two days a week till…