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Dud Cheques: BoG Introduces Up to 20% Penalty and Credit Restrictions

Dud Cheques: BoG Introduces Up to 20% Penalty and Credit Restrictions

The Bank of Ghana (BoG) has introduced stricter sanctions for customers who issue cheques without sufficient funds, with penalties increasing from 10% to 20% of the cheque’s value for repeated offences.Under the revised rules, a cheque is classified as a dud cheque when there is not enough money in the issuer’s account to cover the amount stated. The bank will …

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Accra-Kumasi Expressway Tipped as Mahama’s Landmark Road Project

Accra-Kumasi Expressway Tipped as Mahama’s Landmark Road Project

The Minister for Roads and Highways, Governs Kwame Agbodza, has described the Accra–Kumasi Expressway as a major legacy project that could define President John Dramani Mahama’s contribution to Ghana’s road infrastructure.His comments come after engineers from the Ghana Armed Forces completed the clearing of the right-of-way along the entire expressway corridor, paving the way for the next stages of the …

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Tomato Prices Poised to Drop as Local Harvest Begins, Says Deputy Agric Minister

Tomato Prices Poised to Drop as Local Harvest Begins, Says Agriculture Ministry

Tomato prices are expected to drop sharply in the coming weeks as local farmers begin harvesting their crops, easing pressure on the domestic market and improving nationwide availability, Deputy Minister for Food and Agriculture John Dumelo announced. The price relief follows months of severe supply constraints triggered by reduced rainfall across major growing regions. Market data indicates tomatoes recorded the …

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