Tag Archives: transactions

The Bank of Ghana has revised the limits on mobile money transactions in the country. A statement issued by the central bank on Thursday, December 23, 2022, explained that the review forms part of measures to “facilitate more efficient payments, encourage the seamless transition to a cash-lite society as well as …

After what appeared to be a long-wait, the Ghana Football Association have released the verdict on the fixed match between AshantiGold and Inter Allies, and oh, it is damning. The verdict by the Disciplinary Committee gives a thorough and detailed account of how officials of Ashgold led by the chairman …

The law, Electronic Transfer Levy Act, 2022, Act 1075, otherwise known as the E-Levy, was given Presidential assent on Thursday, March 31, 2022, after it was passed by Parliament on Tuesday, March 29, 2022. The Electronic Transfer Levy Act, will impose a 1.50% levy on all electronic transfers. Prior to its approval …

Data published by the Bank of Ghana (BoG) has revealed that the value of mobile money transactions has dropped by GH¢3.2 billion in December last year, less the one month after Finance Minister, Ken Ofori-Atta, announced in the 2022 budget of an electronic transfer levy (E-Levy). According to the report, …