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Banking and Finance
Bank of Ghana denies printing ¢22.04bn to support government’s budget
The Bank of Ghana has dismissed claims by the Minority in Parliament that it has printed money to the tune of ¢22.04 billion to…
Government slashes E-Levy target for 2022 to ¢611m
Government has reviewed its revenue target for the Electronic Transaction Levy (E-Levy) to GH¢611 million, from about ¢4.9…
CalBank opens branch in Ho
CalBank PLC has opened a branch in Ho with a pledge to take individual and corporate services to higher heights in the Volta…
BoG maintains policy rate at 19%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has, for the first time since November last year, maintained the…
Banks ready to finance capital projects in Africa – Tony Elumelu…
The founder of Tony Elumelu Foundation and Group chairman of Heirs Holdings, Tony Elumelu, has said banks in Africa have the…
AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African…
AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed…
Two Nigerian Fintech executives jailed in US over money laundering
Two Nigerian executives of a Texas-based fintech, Ping Express, have been convicted of money laundering in the US in a matter…
Barclays Bank on branch closing spree
Barclays Bank has just revealed 15 new branch closures, on top of the 13 it confirmed in March, 27 in May, and 29 in June – all of…
Several African fintechs stop virtual dollar card services amid fraud
Many African fintech startup companies shut down their virtual dollar card services after a reported “chargeback” fraud.
On…
Domestic credit rating agency: 3 market regulators to act as shareholders
The Ministry of Finance has accepted the business plan for the first domestic credit rating agency to be established with key…