The Chamber of Aquaculture Ghana is calling on government, Stakeholders and development partners in the Aquaculture Industry to provide support aimed at mitigating the challenges faced by the sector. According to Jacob Adzikah, CEO of Chamber of Aquaculture Ghana, the Chamber launched a survey called Industry Needs Assessment Survey, which was made up of 51 …
Month: May 2020
The Ghana Association of Bankers has kicked against the Ghana Interbank Payments and Settlements Systems (GhIPPS) decision to re-introduce waived fees charged on electronic transactions. GhIPPS bringing to end fee waivers mean customers who use the GhIPSS Instant Pay (GIP), Mobile Money Interoperability (MMI) and ACH Direct Credit to transact business will be charged. Reacting …
The Ghana Interbank Payments and Settlements Systems (GhIPPS) has directed financial institutions to end the fee waiver granted to customers who use the GhIPSS Instant Pay (GIP), Mobile Money Interoperability (MMI) and ACH Direct Credit to transact business. “Following a review of financial position, we have decided we are unable to sustain the fee waiver …
A number of Ghanaian e-commerce companies will now have the opportunity to effectively explore opportunities in the e-commerce sector, following the operationalization of a tool that provides business data and analysis on local African e-commerce marketplaces. The tool is thought to be the first-ever to offer online Africa-wide analysis of business-to-consumer (B2C) marketplaces, detailing the …
The Minister of Information, Kojo Oppong Nkrumah has announced on Thursday at a press briefing in Accra the government will today, Thursday, 7 May 2020, begin a three-day retreat to examine data gathered on the impact of the novel coronavirus on all sectors of the economy and proffer measures to return the economy back to …
A report by the World Trade Organisation (WTO) has noted that e-commerce is flourishing in the wake of the COVID-19 and the accompanying measures to forestall its spread which include lockdowns. The report noted that one of the most significant segments of online purchasing by value, tourism and travel has plummeted as a result of …
The Bank of Ghana (BoG) has established a new FinTech and Innovation Office to drive the Bank’s cash-lite, e-payments, and digitisation agenda. The emergence of FinTech solutions has introduced significant complexities that require the sector supervisor’s focus, to understand and supervise effectively. In a statement on Tuesday, the BoG said “The new FinTech and Innovation …