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340 A growing debate has emerged among economists, financial analysts, and members of the public over the true extent of losses recorded by the Bank of Ghana for the 2025 financial year, following differing interpretations of figures contained in the Central Bank’s financial statements. While some commentators initially claimed the Central Bank recorded losses amounting […]
613 The Bank of Ghana (BoG) has introduced a new regulatory framework for the registration and operations of International Money Transfer Operators (IMTOs), a move aimed at strengthening oversight of inward remittances, safeguarding foreign exchange inflows, and enhancing consumer protection. The Guidelines for the Registration and Operations of International Money Transfer Operators (IMTOs) in Ghana, […]
517 The government has uncovered a scheme of money laundering involving businesspeople, both foreigners and Ghanaians, under the guise of imports. The security agencies have taken over the case, and according to the Minister of Finance, Dr Cassiel Ato Forson, they are going to ensure that all taxes, stolen from such money transfers under the […]