Ghanaians across the country are rushing to Mobile Money Vendors to cash out their deposits before the 1.7% Electronic Transaction Levy (e-levy) takes effect. The National Public Relations Officer...
There are several reasons why the American megabanks — survivors of the last crisis in 2008 — were the main beneficiaries of the deposits bonanza. When states began instituting shutdowns in...
A record $2 trillion surge in cash has hit the deposit accounts of U.S. banks since the coronavirus first struck the U.S. in January, according to FDIC data.The wall of money flowing into banks has...
MTN’s Mobile Money service has been the industry leader in mobile payment platforms since its inception in the late 2000s. Over the years, despite the other telcos coming out with their versions...
VP Dr. Mahamudu Bawumia Tuesday assured contributors of the lifeless reserve funds and credit and microfinance organizations, whose property had been bolted up, of full installment of their shops....
The government will in December 2019 launch a Universal QR code in a bid to make Ghana a cashless society, Vice President, Dr. Mahammudu Bawumia has announced. He says with the code which leverages...
Vice President Dr Mahamudu Bawumia, has launched what has been described as the world’s first dual-purpose EMV and financial inclusion payment card in Accra. Known as the Gh Dual Card, the new...
Public sector workers will in no time be paid via a cashless mode to eliminate the challenge of ghost names in its payroll, Vice President Dr. Mahamudu Bawumia has stated. Bawumia noted that through...
Ghana’s economy is projected to grow by 7.5 per cent in 2019 from the 6.3 recorded last year, a study by the World Bank has stated. The growth is expected to be driven by both the oil and non-oil...
Mr Albert Zeufack, the World Bank’s Chief Economist for Africa, on Monday, urged African nations to embrace digital transformation to modernise their economies and reinforce economic growth,...
The Bank of Ghana will issue upgraded and security-enhanced banknotes into circulation on May 6, 2019. The new enhanced security features are an optically variable magnetic image (SPARK LIVE), a new...
The incident, YEN.com.gh has gathered, happened at a town called Sapele in the Delta state of Nigeria. According to information gathered by YEN.com.gh, the wanted an amount of 20,000 naira which is...
