The Bank of Ghana’s central bank digital currency, the eCedi, has made history by winning the prestigious “Innovation in Digital Currency Design” award. This groundbreaking achievement recognizes the Bank of Ghana’s pioneering efforts in developing a secure, efficient, and inclusive digital currency. The eCedi has been hailed as a game-changer […]

The Locked-Up Investment Holders Forum will resume its picketing of the Ministry of Finance on Wednesday, October 9, 2024, in a bid to secure the release of locked-up funds from insolvent financial institutions licensed by the Bank of Ghana. The forum, led by Convener Dr. Adu A. Antwi, is demanding […]

Ghana’s mining sector has experienced a remarkable surge in growth, with its contribution to the country’s Gross Domestic Product (GDP) increasing to over GH¢13 billion in 2022, according to the Bono Regional Minister, Madam Justina Owusu-Banahene. The minister highlighted the significant role the oil and gas sectors have played in […]

Dr. Edward Ackah-Nyamike Jnr, President of the Ghana Hoteliers Association, has sounded the alarm on the recent utility tariff hikes, warning that despite seeming minimal, these increases will significantly impact hotel operations. The Association had previously petitioned the Public Utilities Regulatory Commission (PURC) over high water tariffs, which saw a […]

The Bank of Ghana has announced robust Anti-Money Laundering/Countering the Financing of Terrorism checks for commercial banks and authorized institutions handling the Ghana Gold Coin. This ensures proceeds from the coin’s sale are not linked to criminal activities. The central bank has implemented stringent measures to prevent money laundering and […]