September 13th, 2019

You need GHC20m to run MoMo firm – BoG

The Bank of Ghana (BoG) has announced GHS20 million as the minimum capital required for operating a mobile money company in the country. The directive […]
September 13th, 2019

How BoG caught its staff collecting GH¢410,000 bribe in multibillion mobile money contract

The Bank of Ghana on Friday announced that it has dismissed a staff who took bribes to facilitate an award of a mobile money interoperability […]
September 12th, 2019

Keep your eyes on banks – SEC boss to BoG

Rev. Daniel Ogbarmey Tetteh, Director-General of the Securities and Exchange Commission (SEC), has asked the Bank of Ghana (BoG) to continue its surveillance work on […]
September 12th, 2019

BoG pegs minimum capital for Mobile Money companies at GHC20m

The Bank of Ghana has pegged the minimum capital required for operating a mobile money company at GH¢20 million. The latest directive comes on the […]
August 16th, 2019

Clean-up exercise in banking sector over – BoG announces

The Bank of Ghana says it has completed its clean-up exercise of the banking and specialized deposit-taking (SDI), and non-banking financial institutions (NBFI) sectors. This […]
August 16th, 2019

Funds available to pay customers of collapsed saving & loans firms, finance houses – BoG

The Bank of Ghana has assured that customers of the 23 finance houses and savings and loans companies shut down, will not lose their respective […]