52 h. ago Money Expo India Returns to Mumbai as Finance Hub Accelerates

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/money-expo-india-returns-to-mumbai-as-finance-hub-accelerates/Mumbai prepares to host the fourth Money Expo India on 23–24 August 2025, cementing its status as the country’s premier finance and investment gathering. The event at Jio World Convention Centre will convene over 10,000 attendees, 100+ exhibitors, and 80+ speakers spanning brokerage, fintech, crypto, and regulatory sectors. Now a cornerstone of India’s financial calendar, […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/money-expo-india-returns-to-mumbai-as-finance-hub-accelerates/

Economics

2 d. ago Telecel Winners’ Disbelief Turns to Joy as GH¢20k Prizes Land

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/how-telecel-2moorch-money-promo-winners-react-to-gh%c2%a220000-wins/Skepticism gave way to screams and frantic verification when two ordinary Ghanaians won life-changing sums in Telecel’s 2Moorch Money promo. For Paul Owusu, a Tema Port clearing agent, the GH¢20,000 call seemed like a scam. “I wasn’t interested how could I win?” he recalled. His disbelief sparked a forensic mission: texting fraud lines, calling helplines, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/how-telecel-2moorch-money-promo-winners-react-to-gh%c2%a220000-wins/

Politics

5 d. ago Ghana Pushes for Fairer Mobile Loan Rates as Borrowers Feel the Pinch

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-for-fairer-mobile-loan-rates-as-borrowers-feel-the-pinch/Ghana’s booming mobile money loan sector faces calls to overhaul its one-size-fits-all interest model. Financial experts and consumer advocates demand tiered pricing, arguing prompt repayers deserve lower rates while high-risk borrowers pay more. Currently, providers charge uniform interest regardless of repayment history, punishing reliable customers alongside serial defaulters. With mobile money accounts surging from 13 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-for-fairer-mobile-loan-rates-as-borrowers-feel-the-pinch/

Politics

6 d. ago Remittance Costs Triple UN Target in Africa, IMF Pushes Digital Fix

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/remittance-costs-triple-un-target-in-africa-imf-pushes-digital-fix/Families across Sub-Saharan Africa lose billions to steep remittance fees, with costs averaging 8.5% per transfer nearly triple the UN’s 3% target. The International Monetary Fund’s Deputy Managing Director Bo Li calls this “unacceptable,” citing opaque pricing and slow processing times that slash critical funds for households relying on diaspora support. Why does sending money […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/remittance-costs-triple-un-target-in-africa-imf-pushes-digital-fix/

Events

7 d. ago Ghana Savers Lose 9.47% as Inflation Crushes Deposit Returns

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-savers-lose-9-47-as-inflation-crushes-deposit-returns/Ghanaian depositors face a harsh reality: money parked in demand deposit accounts is losing real value at nearly 10% annually. With inflation hitting 12.1% in July 2025 while banks paid a flat 2.63% interest, savers effectively suffered a -9.47% real return. The gap has been far wider—real losses plunged to -21% when inflation peaked at […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-savers-lose-9-47-as-inflation-crushes-deposit-returns/

Politics

8 d. ago Scholar Urges Diaspora to Maintain Remittances Despite Strong Cedi

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/scholar-urges-diaspora-to-maintain-remittances-despite-strong-cedi/Ghanaian governance advocate Professor Stephen Kwaku Asare, widely known as Kwaku Azar, has issued a passionate appeal to citizens abroad after Bank of Ghana data revealed remittance inflows plunged nearly 50% amid the cedi’s sharp appreciation. The currency has gained over 40% against the dollar this year, causing some diasporans to delay sending money over […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/scholar-urges-diaspora-to-maintain-remittances-despite-strong-cedi/

Politics

1 week ago Ghana Mobile Money Transactions Hit GH₵323.2 Billion in June

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-mobile-money-transactions-hit-gh%e2%82%b5323-2-billion-in-june/Ghana’s mobile money transactions reached GHC 323.2 billion in June 2025, according to the Bank of Ghana’s latest Summary of Economic and Financial Data. The figure represents a 10.2% decline from May’s GHC 360 billion but underscores significant year-on-year growth. Compared to June 2024’s GHC 224 billion, transaction values surged by GHC 99.2 billion a […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-mobile-money-transactions-hit-gh%e2%82%b5323-2-billion-in-june/

Economics

1 week ago Remittance inflows: new reporting requirements for all financial institutions takes off today

All financial institutions including commercial banks in the remittance space are from today August 4 2025, expected to start complying with a new reporting requirement as directed by the Bank of Ghana. This was captured in a letter to the Dedicated Electronic Money Issuers (DEMIs) and Enhanced Service Providers (EPSPs) on July 31 2025, sighted […]

Politics

1 week ago June mobile money transactions reach GH¢323bn despite slight decline

The total value of mobile money transactions in Ghana stood at GH¢323.2 billion in June 2025, representing a 10.2 per cent decline from May’s figure of GH¢360 billion.

Politics

3 w. ago Blu Penguin and Network International partner to power Mobile Money payments across Africa

Network International (Network), a leading enabler of digital commerce across the Middle East and Africa, has announced a collaboration with Blu Penguin, a Ghana-based fintech and mobile money aggregator.

Economics

3 w. ago ‘I usually deliver money from the bank in ‘Ghana Must Go’ for Mr Adu

Frank Anane Dekpey, the First Prosecution Witness in the trial of Kwabena Adu-Boahen, a former Director of the National Signals Bureau and three others, says he usually delivers money from the bank in “Ghana Must Go” for Mr Adu-Boahen.”

Politics

4 w. ago Money has become Ghana’s new god – Prof Karikari on a nation that worships wealth

Communications consultant and academic, Prof Kwame Karikari, says Ghana is on a dangerous path where money has become the ultimate god.

Politics

last month “Bigger faces don’t always bring bigger money” – Jeffrey Nortey slams selective casting in Ghana’s film industry

Ghanaian actor and comedian Jeffrey Nortey has expressed frustration over what he describes as an unfair trend in the local film industry, where loyal, lesser-known actors are sidelined once producers secure bigger budgets.

Sport