Banking and Finance 4 Illegal FX Market Operators Caught, 2 Convicted Kofi Ahovi Jan 8, 2024 0 The Asokwa Circuit Court 2 in Kumasi has sentenced Senyah Poku and Yaa Serwaa of Senyah Poku Enterprise, an unlicensed foreign…
Banking and Finance BoG fines, suspends Zeepay over forex regulation breaches Kofi Ahovi Nov 21, 2023 0 The Bank of Ghana has imposed fines on Zeepay Ghana Limited for violating clause 7.3(a) of the Inward Remittance regulations.…
Banking and Finance BoG lists unapproved money transfer organisations operating illegally in… Kofi Ahovi Nov 16, 2023 0 The Bank of Ghana has raised alarm over the illicit operations of unapproved Money Transfer…
Banking and Finance BoG announces $120m forex forward auction for Bulk Oil Distribution… Kofi Ahovi Jul 10, 2023 0 The Bank of Ghana has released its eagerly anticipated Forex Forward Auction Calendar for the third quarter of 2023, catering…
Banking and Finance Stabilising the cedi; BoG to hold series of discussions with banks, forex… Kofi Ahovi Oct 24, 2022 0 In an effort to halt speculation and stabilitise the foreign exchange market in the country, the Bank of Ghana will hold (Tuesday…
Banking and Finance BoG sets $420m target in forex auction for Q4 2022 Kofi Ahovi Sep 19, 2022 0 Some $420 million dollars is projected to be sold out to authorised dealers in the fourth quarter of the year. This is…
Banking and Finance BoG accepts less than 50% of bids in last dollar auction in June Kofi Ahovi Jul 1, 2020 0 The Bank of Ghana in its last auction of forex in June, received 33% of the total amount of dollars dealers bid for. The…
Banking and Finance BoG offers $25m to forex dealers in April auction Kofi Ahovi Apr 10, 2020 2 The Bank of Ghana in its latest auction of forex, accepted $25 million in bids. This represents 31.74% of the total amount…