Tag: BoG
Business
BoG, Zeepay hold discussion over forex licence suspension
Zeepay Ghana Limited has initiated discussions with the Bank of Ghana (BoG) to resolve the temporary suspension of its forex license.Last week, the...
Business
Exporters who do not bring back earnings to Ghana may face a 10-year prison sentence – BoG
The Bank of Ghana (BoG) is issuing a warning to exporters regarding the necessity of repatriating proceeds to the country.Under the Foreign Exchange Act,...
Business
Non-Bank Financial Institutions facing acute liquidity to be closed down – BoG
The Bank of Ghana is set to shutter some Non-Bank Financial Institutions (NBFI) grappling with acute liquidity issues.The Central Bank has cited these...
Business
Private sector credit sees 7.5% contraction in October 2023 – BoG reports
Governor of the Central Bank, Dr. Ernest Addison, announced that private sector credit experienced a contraction of 7.5% during the review period in October...
News Headline 2
OSP launches investigations into new BoG HQ after Mahama Ayariga’s petition
Office of the Special Prosecutor (OSP) has initiated an inquiry into suspected corruption surrounding the procurement procedures for the new headquarters of the Bank...
News
OSP probes new BoG headquarters procurement following Mahama Ayariga’s petition
The Office of the Special Prosecutor (OSP) has initiated investigations into suspected corruption in the procurement process of the new Bank of Ghana headquarters...
Business
A dollar goes for GHS12.20 at forex, BoG interbank rate at GHS11.56
The Bank of Ghana's Interbank forex rates on November 21, 2023, reveal that the Ghana Cedi is currently trading against the dollar at a...
Business Headline
BoG imposes fine, suspends Zeepay’s forex license for violation
The Bank of Ghana has declared that it has fined and suspended the forex licence of fintech company Zeepay Ghana Limited for violating clause...
Business
8 unapproved money transfer organisations you must stay away from
The Bank of Ghana (BoG) has cautioned the public about the risks associated with dealing with unauthorized Money Transfer Organizations (MTOs) within the country.In...
Business
Number of bank staff involved in financial sector fraud still a concern – BoG
The Bank of Ghana (BoG) continues to express concern over the involvement of bank staff in financial sector fraud.Speaking at the 60th Anniversary...
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