The Institute of Internal Auditors Ghana has called on Bank of Ghana and Telecom operators to consider reducing charges on mobile money transactions by at least 50%. This they believe will help minimize the spread of Coronavirus. The use of physical cash according to health professionals can contribute to the spread of Covid-19. Chairman of …
Month: March 2020
The major airports in Ghana are soon expected to be fully solar powered, given that the process to roll-out this initiative is in its advanced stage. The initiative is expected to reduce the cost of power at the beneficiary airports by about 30 percent. This was made known by Mr. Joseph Kofi Adda, Minister for …
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has advised merchants- super markets, pharmacies, restaurants and hotels, to talk to their bankers to help them set up in order to provide the universal QR code payment services. The move would enable customers who patronise them to be able to make payments via the QR codes. …
Ghana has been ranked the sixth-best country in Africa for investors in the latest RMB Investment Attractiveness 2020 rankings. The country climbed three places from the previous year’s report – edging closer to the coveted top 5 countries for investments in the whole of the continent. The report released earlier this week said the country’s …
The Bank of Ghana (BoG) has extended the deadline to meet the minimum capital requirements for Payment Service Providers to December 2020. This means the Mobile Money Operators have up to the end of the year to meet the new minimum capital requirement of GH¢20million other the initial June 2020 deadline. The Bank of Ghana …
As part of efforts to help Ghanaian entrepreneurs have easy access to funds to expand their businesses, the Ghana Climate Innovation Centre Investor Directory, has launched an online portal that creates an avenue for entrepreneurs to examine a number of investors who may have interest in their businesses. In an interview with Citi Business News, …
The Bank of Ghana says it will continue to strengthen the supportive structures, including the provision of strong regulatory and prudential oversight to ensure that the payment system is safe, efficient, competitive, and supportive of innovation. Inaugurating an eight-member Payment Systems Advisory Committee in Accra on Thursday, 5 March 2020, Governor of the Bank of …
The Japan International Cooperation Agency (JICA) and National Board for Small Scale Industries (NBSSI) organised the Kaizen Conference for Women under the theme ‘Kaizen as a tool for women’s economic empowerment’. The conference projected the importance of adopting Kaizen for female-owned businesses as a friendly tool for economic empowerment, as well as introduce young female …