Business
BoG to pilot the e-Cedi, first digital currency in Africa
the Bank of Ghana has signed an agreement with G+D to implement a pilot CBDC project as a precursor to the issuance of a digital form of the national currency,
DL News
Results for "Legal tender"
3119 results.
Courts
Adu Boahen trial: Judge disallows tendering of 2020 BNC budget
The disputed document surfaced during the continued cross-examination of Edith Ruby Opokua Adumuah, Head of Finance at the National Security Bureau, who is appearing as a prosecution witness.
DL News
Business
Africa's Trade financing: Central Banks' role could be the weakest link in PAPSS chain- UPSA Law Dean
The PAPSS was formally launched in January 2022. It is a centralized payment and settlement system for intra-African trade in goods and services. Africa currently has approximately 42 individual currencies.
DL News
Tech
Should Banks create their own cryptocurrencies?
Even as far back as 2013, bitcoin was worth almost as much as gold. And, at the end of 2016, the total value of bitcoins in circulation was US$14bn. Is it time for banks to consider creating theirs?
The Conversation | Nafis Alam & Graham Kendall
Business
Desist from dealing in illegal forex activities - BoG
Such violations are punishable on a summary conviction, by a fine of up to 700 penalty units or a term of imprisonment of not more than 18 months, or even both.
DL News
Business
BoG warns public against Kwame Bediako aka Cheddar’s cryptocurrency, Freedom Coin
Cryptocurrencies do not have an official recognition in Ghana and are not regulated by either the Bank of Ghana or the Securities and Exchange Commission
DL News
Europe
Mastercard fined £31.5m over illegal UK prepaid cards cartel
Five payment companies including Mastercard have been fined a total of more than £33m for operating illegal cartels when providing prepaid cards for local authorities to distribute to vulnerable people.
Business
Reconsider your view that SDR constitutes ‘free money’- Adongo to BoG Governor
In a 4-page letter addressed to the Governor, Mr. Adongo referred to a response attributed to the BoG Governor during the recent MPC Press Conference in which he(The Governor) suggested that $300 million of the SDR equivalent will be surren...
DENNISLAW NEWS
Courts
Ex-director tells court she handled transactions for Adu-Boahene and wife
Mildred Donkor, the third prosecution witness, said one of the companies linked to the accused persons was BNC Communications Bureau Limited, which she came to know around 2018 as part of what she described as their growing business operati...
DL News
General
Fire guts Sunyani magistrate courts, destroying files and equipment
The Bono Regional Public Relations Officer of the Ghana National Fire Service, ADO I Kwame Adomako Antwi, said the destruction was extensive, with furniture, records, air conditioners and office equipment all consumed by the flames.
DL News
Courts
NSB finance chief tells court AG’s $7m figure ‘can’t equal’ GH¢49.1m at 2020–21 exchange rates
Giving evidence as the second prosecution witness (PW2) under cross-examination, Madam Adumuah said BoG interbank rates for the period in question ranged between GH¢5.2793 and GH¢5.7573 to the US dollar.
DL News
General
IMANI's petition to CHRAJ to investigate EC-Full text
My colleagues and I at IMANI have been gravely concerned by the Electoral Commission (EC) of Ghana’s handling of the nation’s scarce resources in the discharge of its duties, which conduct we believe amounts to “misappropriation”, “wastage”...
Franklin Cudjoe
Courts
Ambulance case: Court admits into evidence WhatsApp chats between Jakpa and Dame
In doing so, the presiding judge, Justice Afia Serwaa Asare Botwe, acknowledged the previous admission of WhatsApp conversations involving Jakpa and affirmed the prosecution's assertion.
DL News
Courts
Whether or not to admit Jakpa,Dame audio conversation: Court to decide June 13 in Ambulance case
This follows an objection raised by state prosecutors against the tendering of the tape by lawyers for the first accused.
DL News
Africa
SA speaker charged with 12 counts of corruption
She made her first court appearance after handing herself over to a police station on Thursday morning.
BBC
Africa
Nosiviwe Mapisa-Nqakula: South Africa parliament speaker turns herself into police
Ms Mapisa-Nqakula arrived at a police station in Centurion, 40km (24 miles) from Johannesburg on Thursday.
BBC
Courts
Court upholds objection on tendering statement of EOCO official in Opuni trial
The prosecution initially opposed tendering the document, arguing that the statement had previously been rejected by a High Court as hearsay evidence and hence could not be admitted into evidence.
GNA
US
Parenting advice YouTuber and influencer jailed for child abuse
Franke, a mother of six from Utah who gave parenting tips via a once-popular video blog called "8 Passengers", admitted four counts of aggravated child abuse.
Sky News
Business
AfDB debars Beza Consulting Engineers PLC for 15 months for fraudulent practices
At the expiry of the debarment period, Mr Gidey Gebrezgabher Gebremariam will only be eligible to resume participation in African Development Bank Group-financed activities
AfDB
Others
Indian court grants visitation rights to father previously accused of sexually assaulting minor daughter
It was the father’s case that the mother, by her “systematic manipulations”, and to deprive the minor from his love and care, registered the First Information Report (FIR) against him last year.
Livelaw