BUSINESS

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Gh News Media

Ghana Card becomes mandatory ID in new crackdown on money laundering

Ghana Card now mandatory at forex bureaux as BoG and FIC tighten anti-money laundering rules to curb fraud, boost verification and strengthen oversight.

23 days ago•GH News Media

Business

5 money decisions that could change your life in 2026

Make smarter financial moves in 2026. Learn five proven steps to build savings, cut debt, boost income and grow long-term wealth starting today.

23 days ago•GH News Media

Business

Bank of Ghana tightens oversight of IMTOs

BoG introduces strict regulations for International Money Transfer Operators to protect consumers, strengthen oversight, and secure Ghana’s remittance sector.

28 days ago•GH News Media

Business

MTN Ghana cuts tariffs from Jan 2, 2026 following new VAT reforms

MTN Ghana reduces tariffs across all services from January 2, 2026, becoming one of the first telecom providers to reflect Ghana’s new VAT reforms in pricing.

about 1 month ago•GH News Media

Business

Ghana Cedi poised for short-term rebound on IMF inflow

Ghana cedi tipped to rebound on a $385m IMF inflow, with Databank forecasting stability around GH¢11.39–11.45 despite recent forex pressure.

about 1 month ago•GH News Media

Business

Bank of Ghana moves to license non-interest banking institutions

The Bank of Ghana is set to license institutions for non-interest banking, introducing new regulations and expanding financial options across the country.

2 months ago•GH News Media

Business

Ghana raises cocoa price to GH₵3,625 per bag for 2025/26

Government increases cocoa price by GH₵400 per 64kg bag, giving farmers GH₵3,625 for 2025/26 season as Ghana projects higher harvest output.

4 months ago•GH News Media

Business

Larry Ellison becomes world’s richest person, surpassing Elon Musk after oracle’s $101B AI boom

Oracle’s Larry Ellison surpasses Elon Musk as the world’s richest person after a record $101B wealth surge fueled by AI-driven cloud demand.

5 months ago•GH News Media

Business

BoG bans dollar payments for school fees, rent, airline tickets & more

The Bank of Ghana has banned dollar pricing for school fees, rent, airline tickets, hotels, and other services, reaffirming the Ghana cedi as the only legal tender.

5 months ago•GH News Media

Business

GRA set to tax cryptocurrency traders in Ghana with new system

The Ghana Revenue Authority (GRA) will tax cryptocurrency traders using new digital tools to track online transactions and enforce existing tax laws.

5 months ago•GH News Media

Business

Bank of Ghana directs halt to foreign currency cash withdrawals for corporates

In a major move to stabilize the cedi, the Bank of Ghana has immediately halted foreign currency cash withdrawals for large companies unless backed by equivalent deposits. This directive targets practices that drain vital FX reserves, ensuring liquidity for critical import needs.

6 months ago•GH News Media

Business

MTN Mobile Money system upgrade to cause 6-hours service disruption on August 17, 2025

MTN Ghana will suspend Mobile Money services for a system upgrade on August 17, 2025, from 12 am to 6 am. Users are urged to complete transactions early.

6 months ago•GH News Media

Business

Clara B. Arthur Appointed CEO of GhIPSS Effective Sept 2025

Clara B. Arthur appointed CEO of GhIPSS effective Sept 1, 2025. She brings 20+ years of experience in finance, tech, and digital payment systems.

6 months ago•GH News Media