Tag Archives: Bank of Ghana

The Ghana Black Stars’ new sponsor, Mara, a non-bank financial institution has not been licensed by the Bank of Ghana or the Security and Exchange Commission (SEC). They are not authorised to trade in cryptocurrency or bitcoins or any other non-bank financial services in Ghana, our reliable source can confirm. …

The Information Minister, Kojo Oppong Nkrumah   has said some dollars will be injected into the economy soon to halt the sharp depreciation of the Ghanaian Cedi. Kojo Oppong Nkrumah said about $2 billion will hit the government’s account shortly. For the breakdown, he said $750 million is expected from …

The Bank of Ghana (BoG) has urged all Ghanaians to accept the Five Pesewas coin and trade with it.   Head of Currency Management Department at the BoG, Dominic Owusu, told TV3’s Manu Afful that the coin is still a legal tender hence as good citizens, Ghanaians must use it. …

A former Political Science lecturer at the Kwame Nkrumah University of Science and Technology (KNUST), Dr. Richard Amoako Baah, has stated that the opposition National Democratic Congress, NDC, is right about a claim of new currency notes printed by the Central Bank.   Cassiel Ato-Forson, the Ranking Member on the …

A Deputy Minister of Finance, John Kumah has dismissed claims by the NDC’s Member of Parliament for Ajumako-Enyan-Esiam Constituency, Cassiel Ato Forson that the Bank of Ghana (BoG) has printed ¢22billion and hid it from Parliament.   According to John Kumah, the claims are false, without merit, and without foundation. …

The Head of Financial Stability at the Bank of Ghana, Dr. Joseph France, has warned the general public against linking their Ghana cards to their bank accounts through links sent via social media. According to him, no bank has put it out there that clients can link their Ghana cards …

The Minority in Parliament have pushed against plans by the Electoral Commission (EC) to use the Ghana Card for the compilation of the 2024 Voters Register. According to them, such a move will disenfranchise a lot of Ghanaians since many citizens are yet to receive their Ghana Cards. Speaking on …

The Bank of Ghana (BoG) has warned the public about an impending launch of a cryptocurrency investment scheme named “SIDICOIN” in Ghana. According to a statement from the Central Bank, neither the cryptocurrency investment scheme nor its promoters have any approval from the Bank of Ghana to operate in the …

The world has moved from the barter system to banknotes and now irresistibly digital currencies. Quiet frankly, it is imperative to look at the massive experiment in digital space of trade where it encourages huge movement of funds without major fears of robbery attacks.   As the new era of …

Businessman, Freedom Jacob Caesar, has launched what he termed the “Freedom Coin,” which he said has the potential of creating wealth for the youth. In what seems like an introduction of a digital currency, “cryptocurrency,”he noted that the freedom coin is a “native coin” to create wealth that will give …