Mobile money agents will see increased commissions on large transactions from March 1, 2024. The maximum commissions have been raised to GH¢8 from GH¢4.
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Bank of Ghana flags 10 unlicensed money transfer platforms, serves serious warning to banks
The Bank of Ghana cautioned stakeholders against dealing with 10 money transfer organisations operating in the remittance and foreign exchange market.
Ho residents experience no relief despite Ghana cedi’s growth in 2025
In 2025, Ghana’s cedi rose 24%, but in Ho, prices and transport fares stayed high as traders and drivers ignored relief directives, leaving residents in limbo.
What the experts are saying about the cedi’s strong performance against the dollar, other foreign currencies
As the cedi is set to dip to GHS10 to a dollar for the first time in over two years, various experts have their say on why the cedi is performing so well.
"Let's be fair": MoMo advocacy group backs MTN after customer loses GH¢11,000 to Momo fraud
MobileMoney Limited, the operator of MTN Ghana's mobile money service, refuted fears of a system breach after a customer was reportedly scammed out of GH¢11,000.
MIIF Gold Trade Program – A Multi-Billion-Dollar Opportunity For Ghana
There has been recent allegations of losses and accusations of impropriety regarding the novel gold for oil program started by the previous government with the BoG
Bank of Ghana suspends CBG's forex trading licence over market regulation breaches
CBG's forex trading licence has been suspended for a month from November 26, 2024, according to a press release from the Bank of Ghana on November 12, 2024.
Total mobile money transactions hit over GH¢1.7 trillion
The total value of mobile money transactions hit GH¢1.775 trillion in eight months of 2024, according to the September 2024 Summary of Economic and Financial Data.
Bank of Ghana launches gold coins to mop up extra liquidity in banking sector
The Bank of Ghana has issued gold coins as an alternative investment asset available to the general public to mop up extra liquidity in the banking sector.
Consolidated Bank Ghana and finance ministry refute rumours of sale to foreign investor
The Ministry of Finance and Consolidated Bank Ghana (CBG) have denied speculation on social media that the bank has been sold to a foreign investor.
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