MTN Ghana has notified customers of a planned system upgrade that will temporarily disrupt all Mobile Money services from 12:00 am to 06:00 am on August 17, 2025.
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Government to borrow GH¢12.7 billion in treasury bills in January 2024
The government wants to borrow GH¢12.7 billion in treasury bills in January 2024 to finance maturing bills after already raising GH¢3.223 billion.
Cedi expected to depreciate 8.4% to the dollar in 2024, will hover mid-dollar rate to hover at GH¢13.10
The Ghana cedi is expected to lose about 8.4% of its value to the US dollar in the retail market in 2024 and improved from 2-23, according to IC Research.
Ghana Revenue Authority to begin charging 10% tax on lottery winnings from January
The Ghana Revenue Authority (GRA) is set to implement the 10% withholding tax on the gross winnings from all lotteries from January 2024 after a 5-month delay.
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Mobile money agents suspend GH¢1,000 cap on withdrawals after engagement with telcos
The Mobile Money Advocacy Group (MoMAG) has suspended the GH¢1,000 cap on withdrawals following meetings with authorities and other stakeholders.
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The founder of Engineers and Planners, Ibrahim Mahama, owns several remarkable businesses, an impressive vehicle collection, exquisite boats, and a private jet.
Mobile Money agents to cap cash withdrawals at GH¢1,000 per transaction from December 1
Mobile Money agents across Ghana will temporarily limit cash withdrawals to a maximum of GH¢1,000 per transaction starting from December 1, 2023.
Bank of Ghana blacklists Wise and other money transfer organisations for operating without approval
The Bank of Ghana has released a list of eight unapproved Money Transfer Organisations in the remittance space for Ghanaians and financial institutions to avoid.
Cedi loses more ground to the dollar ahead of Christmas festivities, now trading at GH¢12.10
The Ghana Cedi has further depreciated to sell at GH¢12.10 against the US dollar on the forex market, despite forecasts of an average of GH¢11.60.
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