The Peasant Farmers Association of Ghana (PFAG) and SEND GHANA have urged government to set up an Agriculture Sector Investment Fund to help address the resource constraints for achieving food security. Speaking on agriculture sector led-economy recovery at a public forum, Professor Godfred Bokpin, an Economist and Professor of Finance at the University of Ghana …
Month: July 2020
The Bank of Ghana (BoG) has served notice that a number of financial institutions are falling victim to a new method being adopted by fraudsters to dupe banks and other financial institutions. The central bank said it therefore raising awareness among the institutions and Ghanaians in general in order to prevent the recurrence. An alert …
Hand in hand, banks and Financial Technology (FinTech) firms can speed up efforts to digitise the economy and drive financial inclusion, as well as create endless opportunities; but only if they can work as partners and not rivals, an expert has said. According to Sebastian Yalley, Chief Executive Officer of Accelerex Ghana – a FinTech …
A software for purchasing and monitoring cocoa electronically is set to help drive the cash-lite agenda for financial inclusion in the country. Popularly called CocoaAsempa, the software has enhanced financial intermediation and inclusion amongst farmers and farmer groups. There has indeed been some level of success with the mobile money platforms. They have provided successful …
The Securities and Exchange Commission is far advanced with its plans to introduce crowd funding in Ghana. The capital markets regulatory institution expects to have established a framework for its commencement imminently and hopes to have it up and running, backed by the requisite legislation as early as next year, despite the inevitable delays in …
The E-commerce Association of Ghana was launched to set standards and encourage best practices in Ghana’s e-Commerce industry. The Association includes; stakeholders in the e-commerce, comprising online merchants and marketplaces; payment gateways; Internet Service Providers; and courier companies. Mr Paul Asinor, the Executive Director of the Association, told the GNA that it would represent interests …
MobileMoney Limited has extended the fee waiver on MoMo on-net transfers up to GH¢100 daily till September 30, 2020. The extension of the MTN and Bank of Ghana COVID-19 initiative gives opportunity to MoMo customers to continue sending money transfer value up to GH¢100 daily to MoMo wallets for free. However, transactions on interoperability will …
The Securities and Exchange Commission (SEC) has issued a new directive to the capital market in line with its efforts to strengthen adherence to Guidelines on Anti-Money Laundering/Combating the Finance of Terrorism (AML/CFT). With the new directive based on the AML/CFT guidelines, the Commission is requiring that all market operators submit twice every year reports …