Finance
Nigerian bankers colluded with government officials to re-loot recovered Abacha loot – EFCC
The Economic and Financial Crimes Commission has accused commercial banks of colluding with government officials to re-loot recovered loot of the late dictator, Sani Abacha.
In December 2017, the Federal Government signed a Memorandum of Understandin…
IMF lauds Ghana’s cocoa and energy sector reforms
The International Monetary Fund (IMF) has expressed satisfaction with the country’s implementation of reforms in the cocoa and energy sectors under the Fund’s US$3 billion Extended Credit Facility programme.
The commendation follows the completion of…
GRA to replace VAT on electricity with foreign income tax of resident Ghanaians
The Ghana Revenue Authority (GRA), led by Commissioner-General, Julie Essiam, has announced a new compliance measure targeting the foreign income of resident Ghanaians.
This initiative is set to replace the suspended Value Added Tax (VAT) on electric…
FLASHBACK: Blame Akufo-Addo, BoG, SEC for Menzgold saga – Maurice Ampaw
Legal practitioner, Maurice Ampaw, in August last year asked Menzgold customers to blame President Akufo-Addo, the Securities and Exchange Commission (SEC), and the Bank of Ghana (BoG) for the collapse of the gold dealership firm which led customers i…
GhIPSS Head of Finance awarded for his outstanding contribution to public finance
The Head of Finance at the Ghana Interbank Payment and Settlement System (GhIPSS), Mr. Bright Kyei Adomakoh, was honoured with the prestigious “Outstanding Contribution to Public Finance” award at the 2024 InstinctBusiness CFO Summit and Awards.
The …
Bureaus sell $1 at GHS13.65, GHS12.99 on BoG interbank as of April 15
Note that these rates may differ at a forex bureau near you. Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra.
The Interbank forex rates from the Bank of Ghana today, April 15, 2024, have
We need to be more self-reliant – Mahama charges African leaders
In a bid to reduce the high level of dependence on foreign aid, former President of Ghana, John Dramani Mahama, has urged African leaders to be self-reliant.
In his view, there are many opportunities on the continent that Africans can
Financial sector clean-up: 900 people dead, pay us by June 30 – GCFM customers to government
Customers of Gold Coast Fund Management have said government has up to June 30, 2024, to pay them their locked-up investments with all interests due them.
Convener of the group, Charles Nyame, in an interview with Citi News noted that