Out of 200 bitcoin traders in Ghana only one is female - Expert alerts

Out of 200 bitcoin traders in Ghana only one is female - Expert alerts

- A forex trader is concerns about the law participation of women in the field

- Gifty Annor-Sika Asantewah says less than 2% of women in Ghana are into forex

- Online forex is a big business but it is perceived as a black market

Less than 2% of the 15 million female population in Ghana are involved in forex mostly privately. This follows research conducted by Women in Forex, a forex association of professional forex financial market analysts in Ghana and West Africa.

The report shows that even though online forex trading has expanded economic independence for many Africans, women are mostly marginalized in this front.

This, according to the report, poses threats to achieving the SDGs to empower women, reduce poverty and unemployment and create career opportunities. President of Women in Forex and forex financial market analyst, Gifty Annor-Sika Asantewah, describes this as startling.

“This is startling news. Most women see online forex as a black market ridden with high risks and criminal activity – far from that. Most women also see this niche market as the preserve of males, also not true. It is important that these ill-perceptions are addressed to make up a level playing field for all,” she told Charles Ayitey on the Market Place.

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In other news

Groupe Nduom is fighting off US-based Birim Group LLC’s claims of money laundering and wire fraud. The Groupe has described the arguments advanced by the plaintiffs as one full of aspersions and innuendos. It has, therefore, filed a motion to dismiss the case.

US-based Birim Group LLC’s has brought charges against the founder and former flagbearer of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom.

In a writ sighted by myjoyonline, Groupe Nduom, is being accused of laundering a total of $63,000,000.

Source: YEN.com.gh

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