Tag: Bank of Ghana
BoG issues guidelines for commencement of non-interest banking
The Bank of Ghana (BoG) has issued regulatory guidelines to govern the introduction and supervision of Non-Interest Banking (NIB). The move…
Ghana moves toward interest-free banking as local lenders seek licences
Ghana is moving closer to introducing non-interest banking, as at least one indigenous lender has formally applied for a licence,…
Finance Ministry rejects claims of secret payments in GHC68bn arrears audit
The Ministry of Finance has firmly denied allegations that it authorised payments on behalf of Ministries, Departments, and Agencies (MDAs)…
Manager jailed five years for fake currency possession
An Accra Circuit Court has sentenced Shubham Sharma, a manager, to five years’ imprisonment for possessing forged foreign and local currencies. The court heard…
Virtual asset firms warned against mass marketing
The Bank of Ghana (BoG) and the Securities and the Exchange Commission (SEC) have cautioned Virtual Asset Service Providers (VASPs) against engaging…
Over 50 youth benefit from GEA/BADEA Entrepreneurship Programme
A total of 54 youth have benefited from the GEA/BADEA Entrepreneurship Programme, in ginger processing and fashion design in the Hohoe Municipality of the Volta Region. It…