Courts
Capital Bank collapse: MD of Reroy Cables acquitted and discharged
In a ruling today, Justice Kyei Baffour held that the prosecution failed to establish any prima facie case against Ms Quartey, to warrant her to open her defence.
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Results for "payment service banks"
2639 results.
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
Business
Redirect FX inflows to commercial banks-BoG to mining firms
According to Governor Dr. Johnson Asiama, the move is aimed at strengthening the interbank foreign exchange market and boosting liquidity.
DL News
Business
Ghana and Rwanda forge partnership to boost cross-border Fintech integration
The two central banks signed a Memorandum of Understanding (MoU) on February 25, 2025, during the Inclusive Fintech Forum in Rwanda, which was held from February 24 to 26.
DL News
Business
BoG warns of sanctions in bancassurance directives to stakeholders in financial sector
Bancassurance, which involves partnerships between banks and insurance companies to offer insurance products through banking channels, has significantly expanded across Africa and globally since the 1980s.
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Crime
Sibton Switch Limited Transaction: Official of Bank of Ghana was dismissed for gross misconduct
Sibton Switch Systems Limited filed a request for arbitration on April 9, 2018, against the Bank of Ghana specifically citing a breach by the BoG relative to the termination of the master agreement for the Ghana Retail Payment Systems Infra...
DL News
Tech
Apple fights court ruling over App Store payments in clash with Epic
The original 2021 ruling stemmed from a lawsuit by Fortnite creator Epic Games, which accused Apple of stifling competition by preventing developers from directing users to cheaper payment alternatives.
DL News
Courts
STMA's suit to get Ghana Water Company to pay Property rates dismissed by court
"From the foregoing, it is not controversial to suggest that the combined effect of section 16 of Act 310 and section 2 (1) of Act 651 show that the Defendant is still exempted from payment of taxes."
DL News
Europe
Blatter, Platini charged with fraud
Mr Blatter and Mr Platini now face trial at a court in Bellinzona
DL News
Courts
Chief Justice $5 million bribery allegation: meritorious or counterintuitive?
In the face of these, is the $5 million allegation levelled against the Chief Justice of Ghana plausible?
DL News
General
Judicial Service staff suspend strike after government payment plan
In a statement signed by the association’s National President, Samuel Afotey Otu, on Tuesday, JUSAG said the industrial action had been put on hold while it monitors the implementation of the government’s payment plan.
DL News
Business
BoG warns banks and fintechs over disability inclusion deadline
In a fresh notice, the central bank made clear that compliance with its Directive on Financial Inclusion for Persons with Disabilities is not optional and that institutions that fall short could face administrative punishment.
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Courts
Former CEO of Beige Bank charged with money laundering, theft
He is expected to appear before the Financial and Economic Crime Division of the High Court in Accra to answer the various charges, according to a suit filed by the Attorney General’s Office on November 2, this year.
GNA
Business
BoG urges public to save with licensed financial institutions
In a recent notice aimed at promoting financial literacy, the Central Bank stressed the importance of building a consistent savings habit, noting that it is never too early—or too late—to start.
DL News
Courts
SIM swap fraud: Two sentenced 12 months each to prison
The court held that the two accused persons were given a relatively lenient sentence since they had been in custody for a significant period of six (6) months
DL News
Business
Bankers in talks with BoG over a bill on over-the-counter withdrawals
“We want people to withdraw a minimum. The ATM is for minor payment and the media must also educate the populace on that. We have several platforms to use for transactions”.
DL News
Crime
Police dismantle vehicle theft syndicate in Kumasi ; five arrested, manhunt ongoing
For months, residents reported disturbing incidents where individuals, after withdrawing large sums of money from banks, were trailed and later robbed from their parked vehicles.
DL News
Business
Large exposures directive for banks, others issued by BoG
The directive aims to mitigate risks by limiting the maximum loss Regulated Financial Institutions (RFIs) could face if a counterparty or a connected group of counterparties suddenly defaults.
DL News
Business
President calls for intensified efforts to curb illicit outflows from Africa
Highlighting the critical need to curb this issue, he pointed out that such financial leaks are depriving Africa of vital resources that could significantly aid its development.
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Business
Financial Sector clean-up: Persons implicated unfit to hold key positions-BoG
A statement signed by the Bank’s Secretary, Sandra Thompson noted also that this directive is to ensure ‘the continuous fitness and propriety of significant shareholders and persons, serving as directors and key management personnel,” of th...
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