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Delali Adogla-Bessa
2056 articles published since 30 Jun 2023
2056 articles published since 30 Jun 2023
Electronic Money Issuers across the country have until the end of Wednesday, January 31, 2024, to collaborate with agents to link their accounts with the Ghana Card.
The government wants to borrow GH¢12.7 billion in treasury bills in January 2024 to finance maturing bills after already raising GH¢3.223 billion.
The Ghana cedi is expected to lose about 8.4% of its value to the US dollar in the retail market in 2024 and improved from 2-23, according to IC Research.
The Ghana Revenue Authority (GRA) is set to implement the 10% withholding tax on the gross winnings from all lotteries from January 2024 after a 5-month delay.
Ghana's Parliament has approved five new tax bills following the 2024 budget as the Nana Akufo-Addo government looks to boost revenue collection.
The Mobile Money Advocacy Group (MoMAG) has suspended the GH¢1,000 cap on withdrawals following meetings with authorities and other stakeholders.
Mobile Money agents across Ghana will temporarily limit cash withdrawals to a maximum of GH¢1,000 per transaction starting from December 1, 2023.
The Bank of Ghana has released a list of eight unapproved Money Transfer Organisations in the remittance space for Ghanaians and financial institutions to avoid.
The Ghana Cedi has further depreciated to sell at GH¢12.10 against the US dollar on the forex market, despite forecasts of an average of GH¢11.60.
Delali Adogla-Bessa
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