Ghana to set up a National Development Bank

Ghana to set up a National Development Bank

The Ghanaian government, funded by the World Bank with US$250million and with more expected from other donors, is about to establish a new state bank known as the National Development Bank (NDB). The National Development Bank is expected to be an independent...
How to detect fake currency in Ghana

How to detect fake currency in Ghana

Many of us at one time in our lives encountered a fake currency note either showed to us by a friend, a colleague or from a business transaction. The News features a lot of counterfeit note producer arrests almost every year. Counterfeiting is a worldwide problem and...
Mobile money driving financial inclusion in Ghana

Mobile money driving financial inclusion in Ghana

The value of mobile money transactions has more than quintupled in the past four years, giving a strong affirmation that the mobile money platform is the biggest tool driving the financial inclusion agenda of Ghana. The Payment Systems Oversight Annual Report for 2018...
Ghana launches a new payment card

Ghana launches a new payment card

The Ghana Interbank Payment and Settlement Systems (GHIPSS) has launched a new electronic payment system dubbed ‘GH Dual Card’, which is a two-in-one card that allows both E-zwich and gh-link transactions. The function of the card is to give users access to money...