President Nana Addo Dankwa Akufo-Addo and Bank of Ghana (BoG) Governor Dr. Ernest Addison highlighted the strategic importance of the Central Bank’s new $250 million headquarters during its commissioning ceremony in Accra on Wednesday, November 20, 2024. In his address, President Akufo-Addo lauded the Bank of Ghana for its vision in creating a facility…
The Bank of Ghana (BoG) has directed all financial institutions in the country, including commercial banks and All Enhanced Payment Service Providers to halt Remittance Termination Partnership with global remittance giant Taptap Send. This was captured in letter to all banks, Dedicated Electronic Money Issuers and Enhanced Payment Service Providers, as well as the Ghana…
The Bank of Ghana has launched the Ghana gold coin to provide more investment opportunities to Ghanaians. The gold coin, which is an initiative under its gold purchase programme will be available on the market in the next two weeks. Addressing the media at the Monetary Policy Committee (MPC) press conference on Friday,…
Visa, a global leader in digital payments, recently hosted a workshop themed “Securing the Future of Payments through Acceptance” to advance financial inclusion and map the future of digital commerce in Ghana. The event brought together key stakeholders, including representatives from the Bank of Ghana (BOG), the Ghana Association of Banks (GAB), fintechs, commercial…
The Bank of Ghana (BoG) has urged the public to thoughtfully evaluate their selection of a next-of-kin, emphasizing the importance of choosing an individual who is not only of legal age but also possesses the ability to provide pertinent information regarding the account holder when required. This advisory comes in response to what the Central…
By Africa Publicity The Central Bank of Ghana (BoG) on August 16, 2024, issued draft guidelines on digital assets, seeking feedback from the public and industry stakeholders on the country’s upcoming crypto regulations. The BoG says data collected over the last three years shows a greater increase in demand for crypto in Ghana….
The Central Bank of Ghana (BoG) has banned 47 Individuals and 245 business entities from issuing cheques and accessing new credit facilities for the next three years for persistly issuing dud cheques. BoG announced the sanctions in a notice to the public signed by its Secretary, Sandra Thompson. According to the notice, “the affected…
