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The Bank of Ghana (BoG) has reviewed rules covering advance payments for imports of goods and services to the country. This was contained in a statement published by the central bank to regulate the sector. The review will take effect from July 1, 2024. The BoG said the decision was taken as part of measures to clarify the procedures that …

Customers of the Aggrieved Customers of defunct Gold Coast Fund Management (ACGCFM) have lauded the steps initiated by the government to pay victims of the banking sector cleanup. Finance Minister Dr Mohammed Amin Adam at a UK Town Hall meeting over the weekend announced that President Akufo-Addo has instructed the release of ¢1.5 billion to assist customers affected by the banking sector …

Poverty, lack of education, and interference from persons in high offices, including traditional authorities and politicians, have been identified as major factors hindering Ghana’s efforts to end human trafficking. According to Deputy Attorney General, Diana Asonaba Dapaah, despite government interventions, including the passage of relevant laws, these factors continue to affect her office’s efforts at prosecuting perpetrators of the crime. …