Monitoring and reporting of suspicious transactions is key to Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing (AML/CFT/CPF) effectiveness and compliance, a report released by the Bank of Ghana (BoG) has said. Accountable Institutions (AIs) are, therefore, required to put in place effective and efficient transaction monitoring programmes to facilitate the process, […]
The first poll for the Kpandai re-run, conducted by Global InfoAnalytics , released on Monday, December 15, has shown that the New Patriotic Party’s Matthew Nyindam holds a 4-point lead over the National Democratic Congress’s Daniel Wakpal. This means the race is statistically tied as the margin of error is 3.9%, Global InfoAnalytics said. Nyindam 50% […]
Yesterday, I read the “exposure draft” of the Bank of Ghana’s Guideline for the Regulation and Supervision of Non-Interest Banking. The first thing that struck me is that the central bank’s strategic decision to rebrand “Islamic Banking” as “Non-Interest Banking” (NIB), while understandable as a bid to avoid the kind of needless controversy sparked in Nigeria in 2011 when […]
Dennis Miracles Aboagye, spokesperson of former Vice President Dr Mahamudu Bawumia, believes that there is something wrong with the economic numbers being churned out by the Mahama administration. For instance, he says it is strange for the inflation rate to hit 6.3% cent yet the prices of goods and services keep rising. Inflation fell to […]
The Interior Minister Aljahi Mohammed Muntaka Mubaraka has appealed to Ghanaians to pray for the government as it fulfils its mandate given to it by the people of Ghana in last year’s elections. He made the point that the government is determined to advance the development of Ghaha with its programmes and policies. Muntakam-Mubaraka said […]
President John Dramani Mahama has said that Africa faces many challenges, including a global order that remains rigged against the continent, especially in relation to natural resource endowment. He makes the point that it is time for African countries to add value to the exports and secure a fairer share of the natural resource endowments. […]
Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has congratulated President John Dramani Mahama for his endorsement as the sole West African candidate for the AU Chairperson in 2027. ECOWAS Presidents have unanimously endorsed the resolution of the Ministerial Council, making President Mahama the sole West African candidate for AU Chairperson in 2027. Mr Ablakwa said […]
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