Cedi Selling At GH¢16.20 At Forex Bureaus
Ghana’s local currency, the cedi, has experienced marginal gains against major trading currencies, especially the dollar, at some forex bureaus. The Central Bank, in its daily update, noted that the….
Category: Business
ECG Leverages National Identification Card To Curb Revenue Losses
Paul Ofori operates an internet café and printing press in Ashaley Botwe, a suburb of the capital, Accra. He ran out of power on a particular Saturday and could not….
GPRTU Awaits Transport Minister Nomination To Discuss Fare Adjustment
The Ghana Private Road Transport Union (GPRTU) has announced that it is waiting for the nomination and approval of a Minister-designate for Transport before initiating discussions on a possible adjustment….
Cedi Records Biggest Loss Last Week; One Dollar Selling At GH¢16.40
The Ghana cedi depreciated by 2.94% against the US dollar last week, bringing its year-to-date loss to 3.87% since January 2025. This depreciation was due to continued demand pressures from….
AMA Introduces Easy Rate Payment System Via Short Codes
The Accra Metropolitan Assembly (AMA) has introduced a new digital payment platform to collect business operating permits and property rates via the shortcodes 22233# and 22255#, respectively. The initiative forms….
TikTok Restores Service In US After Trump Pledge
TikTok is resuming services to its 170 million users in US after President-elect Donald Trump said he would issue an executive order to give the app a reprieve when he….
MoMo Fraud On The Rise – Bank Of Ghana Warns
The Director of Fintech and Innovation at the Bank of Ghana, Mr. Kwame Oppong, says cases of mobile money fraud are on the increase, with fraudsters devising various means to scam….
Market Fires: Victims Share Harrowing Tales Of Loss And Recovery
Ghana recorded 4,650 fire incidents between January and September 2024, raising serious concerns about public safety. The recurrent market fires have affected countless individuals, leaving them grappling not only with….
Fraudsters Undermining Public Trust In MoMo Payment Systems
Mobile money has quickly become a powerful tool for financial inclusion in Ghana, promising convenience and improved financial services. But the explosive digital financial landscape is coming along with cybersecurity….
Global Economy Stabilizes, But Developing Economies Face Tougher Slog – World Bank
The World Bank’s Global Economic Prospects report indicates that developing economies, which contribute 60% of global growth, are projected to experience their weakest long-term growth outlook since 2000. Global growth….